[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

[coinfresh]

Damn I made over 100% on it... imagine if you could work your trades and make 100% instead of lose 100%.. that's how you get rich.

talk is cheap, prove it.

[BitCsByBit]

Somebody just bought 21255 shares!

[ronaldlee0917]

Somebody just bought 21255 shares!

Buyback time?

[codegnome]

Somebody just bought 21255 shares!

Buyback time?

If you are mentally challenged.

[moneymanagment]

I'm taking 1 BTC and .5BTC bets that LC is at .0001 in 24 hours. On your honor and name. I have 10 BTC to spare

I'll take that bet for fun and 0.5 BTC.
Last trade 24h from my post decides. Ok?

Deal.

[moneymanagment]

Somebody just bought 21255 shares!

Buyback time?

If you are mentally challenged.

Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

[radiumsoup]

Somebody just bought 21255 shares!

Buyback time?

If you are mentally challenged.

Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

for posterity

[BitCsByBit]

Somebody just bought 21255 shares!

Buyback time?

If you are mentally challenged.

Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

I disagree.

I believe it will dip again. There is a lot of uncertainty regarding the new exchange and the time frame it will take to get the chips working properly. People fear of the unknown and make emotional decisions.

The issue is that everyone in the Bitcoin land has very short attention span, and everybody wants quick and easy money. Not many people think long term.

Edit: So far, the only people that benefited from Labcoin are the "investors" that don't care about the long term value of the company (short term investors aka flippers).

[JohnyBigs]

wow they haven't mined shit their last payment fell too .10BTC in the last couple of hours, Labcoin is dead lol

[Bitcycle]

Somebody just bought 21255 shares!

Buyback time?

If you are mentally challenged.

Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

Buying back in is already considerably more expensive on a percentage basis.

Not a lot of room left to squeeze in under ipo price.

[JohnyBigs]

Somebody just bought 21255 shares!

Buyback time?

If you are mentally challenged.

Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

You are all weak hands, if you a short term trader your a weak hand, waiting to be punished

[twentyseventy]

Somebody just bought 21255 shares!

Buyback time?

If you are mentally challenged.

Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

You are all weak hands, if you a short term trader your a weak hand, waiting to be punished

My short term trading has more than doubled my money since the IPO. A stock like this, where liquidity is tight and the stock swings 30%+ on good or bad news, is a speculator's dream.

[kingcrimson]

Somebody just bought 21255 shares!

Buyback time?

If you are mentally challenged.

Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

You are all weak hands, if you a short term trader your a weak hand, waiting to be punished

My short term trading has more than doubled my money since the IPO. A stock like this, where liquidity is tight and the stock swings 30%+ on good or bad news, is a speculator's dream.

A gambler's* dream

[twentyseventy]

Somebody just bought 21255 shares!

Buyback time?

If you are mentally challenged.

Actually it's called the bottom rally. It's when all weak hands are done selling and the rally behind. I guarantee it only goes up from here on out

You are all weak hands, if you a short term trader your a weak hand, waiting to be punished

My short term trading has more than doubled my money since the IPO. A stock like this, where liquidity is tight and the stock swings 30%+ on good or bad news, is a speculator's dream.

A gambler's* dream

Yes, this market, and this stock especially, oftentimes blurs the lines between investing/speculating and gambling. Don't tell my wife.

[velacreations]

looks like Labcoin will wait it out and buy their company back for .00001 a share.  No need to worry about an exchange transfer.

[BitCsByBit]

looks like Labcoin will wait it out and buy their company back for .00001 a share.  No need to worry about an exchange transfer.

Vela, shouldn't you be worried about ASICMiner?

OFFICIAL ASICMINER UPDATE
 
• We made an order of another brand of power chips which are about two weeks late.
• The size of the Gen2 order will be decided as appropriate, according to the network difficulty when it is time to finalize the order size.

Two Weeks late!!!

Gen2 chips not coming any time soon.

[velacreations]

Gen2 chips not coming any time soon.

They are not planned until Nov-Dec, so why would I care?  Meanwhile, they got 500TH coming next month.

Labcon got 500 GH up... for a while
LC is still overvalued (and the market has realized that fact)

[dopamine]

When it gets to 0.00018

It is still over valued at .00018.

.0001 is a fair value for a company mining at .06% of the network. 


..... of course, they have to actually be mining to be worth that....

The biggest sock pocket , your so confident on making these calls then buy some PUTS

[BitCsByBit]

Gen2 chips not coming any time soon.

They are not planned until Nov-Dec, so why would I care?  Meanwhile, they got 500TH coming next month.

Labcon got 500 GH up... for a while
LC is still overvalued (and the market has realized that fact)

Where are they going to house 500TH? How many blades is that?
I'm pretty sure they wont be hashing with most of those, and they will be sold with a lot smaller mark up then before. After all, they are 130nm, and not many people will be that interested to buy unless it is very cheap GH/$.

What percentage of the network is ASICMiner now? 1-2%?

Also, isn't the share price only about 30% of what it was a couple of months back?

[Bitcycle]

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.