[BTCT.CO] [IPO-cancelled] BTCGARDEN MINER---Eyes to the horizon

[ajk]

depends on how many flippers were looking to make some money, I dont believe in AIwill simply because he has made promises which havent been kept up to this point and since he was asking for such a large sum of money, while I could be incorrect long term short term I think im on the money,

[Moebius327]

High IPO price + increase in btc/usd price + stagnant company = no chance of those 2 million shares (that are guaranteed to be coming sometime, without notice) being able to be sold above .016, unless something drastically changes.

This is not a quick flip type of stock and never was.  This stock is for those wanting a long position as BTCGARDEN won't be hashing for a while yet.  It's pointless to make statements like yours as those points have been obvious from the moment the IPO was announced.

Your options are:
  1) Take a Xanax and think about the juicy dividends/share price in a couple months.
  2) Sell, and save us future posts like the one above.

I've never thought of it as a quick flip, certainly didn't mean to come across that way. However, those are very real concerns no matter your position. What is their strategy when this becomes a bridge we must cross?

Also, i'm a bit blunt and honest, too much so for the average person at times. I am just bringing up my actual concerns, and not trying to shit on this company. I'm a shareholder (~3000), if it matters.

Worst kind or shareholder. Sell before you get a heart attack.

You're an idiot.

Give us some life signs. Did you sell before the wall was eaten as advised?

[Rawted]

High IPO price + increase in btc/usd price + stagnant company = no chance of those 2 million shares (that are guaranteed to be coming sometime, without notice) being able to be sold above .016, unless something drastically changes.

This is not a quick flip type of stock and never was.  This stock is for those wanting a long position as BTCGARDEN won't be hashing for a while yet.  It's pointless to make statements like yours as those points have been obvious from the moment the IPO was announced.

Your options are:
  1) Take a Xanax and think about the juicy dividends/share price in a couple months.
  2) Sell, and save us future posts like the one above.

I've never thought of it as a quick flip, certainly didn't mean to come across that way. However, those are very real concerns no matter your position. What is their strategy when this becomes a bridge we must cross?

Also, i'm a bit blunt and honest, too much so for the average person at times. I am just bringing up my actual concerns, and not trying to shit on this company. I'm a shareholder (~3000), if it matters.

Worst kind or shareholder. Sell before you get a heart attack.

You're an idiot.

Give us some life signs. Did you sell before the wall was eaten as advised?

That made me chuckle. I'm fine, not selling anytime soon. I don't panic about these sorts of things. I just know this all could have been avoided with some very simple PR/clarity. Maybe the next company will learn.

[canuckgal]

You guys are cute. Im taking this as an opportunity to buy cheap shares.

This is a very unique prospect, a worldwide marketplace. Having so many english AND chinese speakers being involved in this unique venture. Chinese typically have the resources to develop technology quickly, and the English on this forun have experience to share with Btc Garden to make them efficient and grow quickly.

I see the potential here, and ill be sticking around for a bit.

[AngelSky]

You guys are cute. Im taking this as an opportunity to buy cheap shares.

This is a very unique prospect, a worldwide marketplace. Having so many english AND chinese speakers being involved in this unique venture. Chinese typically have the resources to develop technology quickly, and the English on this forun have experience to share with Btc Garden to make them efficient and grow quickly.

I see the potential here, and ill be sticking around for a bit.

bah people who wants to run out, just sell and people who wants to be in, buy cheap now

EDIT: I understand those who want to sell but remember that just one guy sold >500btc of shares and I suspect that this choice was made because of the non-x4_in_less_than_1_week. You have a brain, just use it; you don't need to follow a one-trade direction.

[ajk]

Im definitely waiting to see if that .014 wall holds, if 1 big player just crashes through that there will be a lot of selling pressure to follow, a better opportunity will probably present itself in the next couple days unless some unforeseen circumstance comes into play

[AngelSky]

Im definitely waiting to see if that .014 wall holds, if 1 big player just crashes through that there will be a lot of selling pressure to follow, a better opportunity will probably present itself in the next couple days unless some unforeseen circumstance comes into play

let's see what the chinese market decides

[ajk]

He probably sold because he saw what I saw which was a horribly overvalued IPO, if majority of people sell then everyone can rebuy and double up their shares, it really seems like there is uneasy tension right now and whoever pulls the trigger first is probably where the market is going, Im going to say further down simply because there isnt any reason for someone with 1000+ coins to buy the market up right now especially since there are hardly any ask walls to fulfill an order of that size

[redbeans2012]

He probably sold because he saw what I saw which was a horribly overvalued IPO, if majority of people sell then everyone can rebuy and double up their shares, it really seems like there is uneasy tension right now and whoever pulls the trigger first is probably where the market is going, Im going to say further down simply because there isnt any reason for someone with 1000+ coins to buy the market up right now especially since there are hardly any ask walls to fulfill an order of that size

+1

[canth]

The bidwall at 0.016 was eaten by a large market sell.
Now trading under IPO price.

Now we're in panic sell!

Good thing I was smelling that and I sold @ 0.016 again.

Heh - I don't think that you know what the word we means never mind panic. "We" most certainly aren't in panic sell. So a few few smaller traders who were looking for a quick flip sold out, some of them below IPO price. So what?

BTC Garden just received 32K BTC from many investors who weren't expecting a quick flip and now we are going to see if they can deliver. It doesn't matter what a few trades will be at on Monday - even if they are at .01. What matters will be what you can get for 10K+ shares in 3 months.

Panic. Ha!

[BitcoinBaBa]

The competition is going to get lot tougher with the likes of  ActiveMining's 28 nm Miners and articles like this:

http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/
Will BTCGARDEN be able to keep pace?

[ajk]

It really depends on how many got involved for a quick buck considering that it was an IPO im going to guess quite a few people got in for this reason especially because IPO's are generally speculative investments,

While I completely agree with long term growth investing (it is my preferred method of trading) if the price does go down to .01 as you stated that would be a 50% addition to your shares had you sold and rebought at that level instead of holding shares you bought at IPO and waiting 3 months,

Im waiting to see whether that wall at .014 cracks because if it does itll probably go significantly lower than this and opens up a more realisitic buying opportunity, panicking and making a move are 2 different things

Edit :

I also had bad feeling about this IPO from the getco to which you can look back and find, the only reason I bought in was because the wall was shrinking, we shall see how many people believe in AIWill and his company already doesnt seem good hence the below IPO price, facebook 2

[limbaugh]

The competition is going to get lot tougher with the likes of  ActiveMining's 28 nm Miners and articles like this:

http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/
Will BTCGARDEN be able to keep pace?

This could be then end of startups without massive funding. The current unproven startups don't stand a chance if this is true.

[canth]

It really depends on how many got involved for a quick buck considering that it was an IPO im going to guess quite a few people got in for this reason especially because IPO's are generally speculative investments,

While I completely agree with long term growth investing (it is my preferred method of trading) if the price does go down to .01 as you stated that would be a 50% addition to your shares had you sold and rebought at that level instead of holding shares you bought at IPO and waiting 3 months,

Im waiting to see whether that wall at .014 cracks because if it does itll probably go significantly lower than this and opens up a huge buying opportunity, panicking and making a move are 2 different things

Meh - I bought in at a reasonable price and I'm holding until their fundamentals change. Sure, if the price drops I'll buy more but I'm not leaping out until there's some reason to do so. Timing the market can work, but just as often you lose more than you gain.

[TheSwede75]

The competition is going to get lot tougher with the likes of  ActiveMining's 28 nm Miners and articles like this:

http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/
Will BTCGARDEN be able to keep pace?

This could be then end of startups without massive funding. The current unproven startups don't stand a chance if this is true.

So far I would probably argue that 20 nm isn't exactly likely to happen 'anytime soon'. We are talking about NEXT generation here, as in probably late 2014 at the earliest, so there is plenty of room for the current generation of 'start ups' to do well before anything emerges from this possible 'deal'.

[ajk]

thats fine sir, its what makes the market people with different opinions, someone has to buy and someone has to sell, im just going with my gut which has proven to be quite reliable throughout my short trading career, I dont like to day trade however I do have a tiny portion of my equity for such activities to which BTCgarden is one of them,

[AngelSky]

It really depends on how many got involved for a quick buck considering that it was an IPO im going to guess quite a few people got in for this reason especially because IPO's are generally speculative investments,

While I completely agree with long term growth investing (it is my preferred method of trading) if the price does go down to .01 as you stated that would be a 50% addition to your shares had you sold and rebought at that level instead of holding shares you bought at IPO and waiting 3 months,

Im waiting to see whether that wall at .014 cracks because if it does itll probably go significantly lower than this and opens up a huge buying opportunity, panicking and making a move are 2 different things

Meh - I bought in at a reasonable price and I'm holding until their fundamentals change. Sure, if the price drops I'll buy more but I'm not leaping out until there's some reason to do so. Timing the market can work, but just as often you lose more than you gain.

+1 

[San1ty]

Wow the amount of FUD and just plain being retarded in here is over 9000!

Currently trading at: 0.01571

Oh no a huge (0.00029) drop! Panic, Chaos, Ruination!

[ajk]

lol what a comment from post above

have you seen the volume? its nothing all it takes is one person to sell off big and you will be eating your words

[Rawted]

The competition is going to get lot tougher with the likes of  ActiveMining's 28 nm Miners and articles like this:

http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/
Will BTCGARDEN be able to keep pace?

This could be then end of startups without massive funding. The current unproven startups don't stand a chance if this is true.

So far I would probably argue that 20 nm isn't exactly likely to happen 'anytime soon'. We are talking about NEXT generation here, as in probably late 2014 at the earliest, so there is plenty of room for the current generation of 'start ups' to do well before anything emerges from this possible 'deal'.

There will be 28nm chips available in q4 2013. it could happen sooner than you think. However, i agree with you that there's plenty of room for startups who do it right.