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

[Zubilica]

Auch , panics sets in. Technical problems accumulated with lack of updates/communication . Perfect setup for a scam exit.

[AngelSky]

Still tweaking.

[Puppet]

For argument's sake, lets assume for a second this isnt a scam and that Theswede really only is a "spokesperson" who lives at the other side of the planet from the engineers. He would have no clue about the real project status, other than what "sam" would tell him. He might make the mistake of believing and relaying sam's projections ad verbatim once or twice. Maybe three times. But at some point he would have to start wondering. He would begin qualifying his statements, if nothing else by adding "I have been told that" rather than making positive statements as if they are known facts to him. But he isnt doing that, he doesnt seem to question the info he is getting, he doesn't seem to be asking any questions, he doesnt apologize for the fact he has been fed (and has fed others) falsehoods, he doesnt seem to care one yota about his own reputation.  If Theswede was just a spokesperson, wouldnt he wonder about the same things as everyone else in this thread?

It makes no sense.

I can only conclude the swede is making up these statements himself, its not being fed to him. And if that is the case, one has to wonder how those statements could possibly contain any truth.

[HorseRider]

Auch , panics sets in. Technical problems accumulated with lack of updates/communication . Perfect setup for a scam exit.

Lack of? I think you mean "No.. at all"?

[BitThink]

Interesting, none of you guys was here yesterday. Now suddenly the show began here after the price was sub-IPO.

[Bitcycle]

Cattle moving through. This way, this way to the slaughterhouse, cattle.

[HorseRider]

For argument's sake, lets assume for a second this isnt a scam and that Theswede really only is a "spokesperson" who lives at the other side of the planet from the engineers. He would have no clue about the real project status, other than what "sam" would tell him. He might make the mistake of believing and relaying sam's projections ad verbatim once or twice. Maybe three times. But at some point he would have to start wondering. He would begin qualifying his statements, if nothing else by adding "I have been told that" rather than making positive statements as if they are known facts to him. But he isnt doing that, he doesnt seem to question the info he is getting, he doesn't seem to asking any questions, he doesnt apologize for the fact he has been fed (and has fed others) falsehoods, he doesnt seem to care one yota about his own reputation.  If Theswede was just a spokesperson, wouldnt he wonder about the same things as everyone else in this thread?

It makes no sense.

I can only conclude the swede is making up these statements himself, its not being fed to him. And if that is the case, one has to wonder how those statements could possibly contain any truth.

oh, who is "sam", anyone knows? what is his identity number or passport number?

[HorseRider]

Any labcoin big share holders, the only hope you can dump your shares now is PM me and asking me to point my hashing rate to your account. Contact me 

[Puppet]

For argument's sake, lets assume for a second this isnt a scam and that Theswede really only is a "spokesperson" who lives at the other side of the planet from the engineers. He would have no clue about the real project status, other than what "sam" would tell him. He might make the mistake of believing and relaying sam's projections ad verbatim once or twice. Maybe three times. But at some point he would have to start wondering. He would begin qualifying his statements, if nothing else by adding "I have been told that" rather than making positive statements as if they are known facts to him. But he isnt doing that, he doesnt seem to question the info he is getting, he doesn't seem to asking any questions, he doesnt apologize for the fact he has been fed (and has fed others) falsehoods, he doesnt seem to care one yota about his own reputation.  If Theswede was just a spokesperson, wouldnt he wonder about the same things as everyone else in this thread?

It makes no sense.

I can only conclude the swede is making up these statements himself, its not being fed to him. And if that is the case, one has to wonder how those statements could possibly contain any truth.

oh, who is "sam", anyone knows? what is his identity number or passport number?

Id begin by asking who theswede really is.

[ronaldlee0917]

15:17 (S) 20000 @ 0.00061500 LABCOIN
15:17 (S) 114 @ 0.00061800 LABCOIN
15:17 (S) 888 @ 0.00062000 LABCOIN
15:17 (S) 9500 @ 0.00062000 LABCOIN
15:17 (S) 9000 @ 0.00062150 LABCOIN
15:17 (S) 56100 @ 0.00062200 LABCOIN
15:17 (S) 4000 @ 0.00062300 LABCOIN
15:17 (S) 3000 @ 0.00062310 LABCOIN
15:17 (S) 1750 @ 0.00062500 LABCOIN
15:17 (S) 2359 @ 0.00064700 LABCOIN
15:10 (S) 2641 @ 0.00064700 LABCOIN
15:10 (S) 15 @ 0.00064710 LABCOIN
15:10 (S) 144 @ 0.00064900 LABCOIN
15:10 (S) 3200 @ 0.00065000 LABCOIN
15:08 (S) 9000 @ 0.00065110 LABCOIN
15:08 (S) 1185 @ 0.00065110 LABCOIN
15:08 (S) 1000 @ 0.00065180 LABCOIN
15:08 (S) 30 @ 0.00065200 LABCOIN
15:08 (S) 2634 @ 0.00065210 LABCOIN
15:08 (S) 3 @ 0.00065250 LABCOIN
15:08 (S) 1100 @ 0.00065510 LABCOIN
15:08 (S) 1000 @ 0.00065700 LABCOIN
15:08 (S) 183 @ 0.00065710 LABCOIN
15:04 (S) 1700 @ 0.00065710 LABCOIN
15:04 (S) 117 @ 0.00065710 LABCOIN
15:04 (S) 1001 @ 0.00065710 LABCOIN
15:02 (S) 999 @ 0.00065710 LABCOIN
15:02 (S) 1 @ 0.00069650 LABCOIN
15:00 (S) 3180 @ 0.00066000 LABCOIN
14:58 (S) 2999 @ 0.00066010 LABCOIN

Everyone is giving up apparently..

[matt4054]

☣ LABCOIN ⚠

[HorseRider]

I tell you a little story.

Last year, I started investigate the Asicminer's investment opportunity, I saw one of the partners ID and make very sure about their back ground of all three partners. Then I invested in and earned lots bitcoin.

Good luck, Labcoin slaughtered investors. I feel sorry I had not not buy Labcoin shares and dump them to you guys.

[bbxx]

☣ LABCOIN ⚠

60k satosthi per share!

Buy, easy filp 4x in two weeks!

[BitThink]

I tell you a little story.

Last year, I started investigate the Asicminer's investment opportunity, I saw one of the partners ID and make very sure about their back ground of all three partners. Then I invested in and earned lots bitcoin.

Good luck, Labcoin slaughtered investors. I feel sorry I had not not buy Labcoin shares and dump them to you guys.

It's very kind of you to show your cleverness at this time in this thread.

[BitThink]

Any labcoin big share holders, the only hope you can dump your shares now is PM me and asking me to point my hashing rate to your account. Contact me 

Cannot believe this is from a Hero Member and Donater of this community.

[ronaldlee0917]

Bid side is down to 206.8321291 BTC, -100 from a couple of hours ago
Window for getting out with still some cash in hands is getting narrower and narrower.

[matt4054]

Well...

I think things will calm down after the panic sell.

Given the (non) current hashrate, I think 0.00025-30 will be a good price for the asset until recovery is made possible by a "miracle"... if the exchange has not shutdown before, and god knows how the transfer or direct shares will be handled.

tl;dr: sell while it's still worth something...

It's now free falling like hell to 0.0004ish and as I said I don't think it will settle before 0.0003, which is a very fair price.

[HorseRider]

Well...

I think things will calm down after the panic sell.

Given the (non) current hashrate, I think 0.00025-30 will be a good price for the asset until recovery is made possible by a "miracle"... if the exchange has not shutdown before, and god knows how the transfer or direct shares will be handled.

tl;dr: sell while it's still worth something...

It's now free falling like hell to 0.0004ish and as I said I don't think it will settle before 0.0003, which is a very fair price.

I am not very good at math, please tell me how much should it be priced if one their PSU breaks.

[AngelSky]

It's the start of the wave.. Wait till we hit 0.014 on Tuesday

if things go according to plan, I can certainly see beyond .005, but .01 is a bit of a stretch, IMO. 

Oh shit, it's 0. 0 0 0 5 now!

[Puppet]

It's very kind of you to show your cleverness at this time in this thread.

Same question has been asked several times in this thread (also by me), it was ignored.

Here is a funny thing, while everyone here loves to hate the government, sec and regulation, for a security to be registered, it really only requires some basic disclosures about the issuer and business. Arguably the procedure has become overly complicated and expensive for small offerings, but the idea is plain common sense, and this "IPO" wasnt so small. Investors at the very least should ask the same questions the SEC does or a bank would before forking over millions of dollars to an anonymous person being represented by an anonymous spokesperson.