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

[dhenson]

https://blockchain.info/tx/c7a36aaadf94e010236601a673f9cc6b36ac5cabb1bad7f50a25d75bc41f0f3b

Possible pay-back transaction going back to btct.co?

[Bitcycle]

Luckily I never invested in this one to begin with, too many future projections without any short term goals would make for a boring asset to hold. Anyway guess I was right again telling people not to sell below IPO because of unfounded fear mongering. If you bought in, the best thing you could do was hold.

Also, Anyone with a shred of common sense knows that everybody is expecting a flow back into AM and Labcoin and therefor the price will already have risen before the funds even unlock.

I think people will go for AM over Labcoin, mainly because they don't want to get burned by another IPO.  BTCGarden closing is the only thing keeping Labcoin above the IPO price. And watch, the price will spike, then fall back down on Labcoin, as early investor cash out.

AM is the option that has real prospects, real assets, and real profits.  AM has staying power, and is clearly the better investment.

Hard  to tell where you've put money.  The pump is so subtle.

[velacreations]

Then why didn't Labcoin drop below IPO price while BTC Garden was still active?

it was well on its way.  Low of .012 right before BTCGarden news...

The BTCGarden news has propped it up, but for how long?  The price hit a high of .018 today, and everyone started selling.  Doesn't bode well.

[velacreations]

I think people will go for AM over Labcoin, mainly because they don't want to get burned by another IPO.  BTCGarden closing is the only thing keeping Labcoin above the IPO price. And watch, the price will spike, then fall back down on Labcoin, as early investor cash out.

AM is the option that has real prospects, real assets, and real profits.  AM has staying power, and is clearly the better investment.

Hard  to tell where you've put money.  The pump is so subtle.

I don't have to pump anything, I am stating the facts. 

AM's profits are increasing, and before the news today, Labcoin was trending down, and getting very close to their IPO price. 

I'm sure some people will invest into Labcoin when/if they get their BTCGarden coins, but I think you'll see a lot more go towards stable investments, like AM.  Situations like BTCGarden tend to make investors a lot more cautious.

[Bitcycle]

I think people will go for AM over Labcoin, mainly because they don't want to get burned by another IPO.  BTCGarden closing is the only thing keeping Labcoin above the IPO price. And watch, the price will spike, then fall back down on Labcoin, as early investor cash out.

AM is the option that has real prospects, real assets, and real profits.  AM has staying power, and is clearly the better investment.

Hard  to tell where you've put money.  The pump is so subtle.

I don't have to pump anything, I am stating the facts. 

AM's profits are increasing, and before the news today, Labcoin was trending down, and getting very close to their IPO price. 

I'm sure some people will invest into Labcoin when/if they get their BTCGarden coins, but I think you'll see a lot more go towards stable investments, like AM.  Situations like BTCGarden tend to make investors a lot more cautious.

Active Mining was also trending down, along with Asicminer.

You know, as long as we're stating facts.

[Sou]

I have a feeling there won't be as much reinvesting as some might speculate. No doubt there will be some, but a lot of that BTC was only added for this particular investment. I don't blame people for feeling bitter about having their time AND money wasted - might be quite the turn off.

[velacreations]

Active Mining was also trending down, along with Asicminer.

You know, as long as we're stating facts.

actually, AM was coming back up on the news of their new hardware releases/profit increase.  Before that, they were trending down, but they had already started back up before the BTCgarden news broke.

[Bitcycle]

I have a feeling there won't be as much reinvesting as some might speculate. No doubt there will be some, but a lot of that BTC was only added for this particular investment. I don't blame people for feeling bitter about having their time AND money wasted - might be quite the turn off.

I actually expect a fair amount of this. Probably most of that 32k.

However, even if only a few k go back into other stocks, we should see several stock see nice boosts.

[Bitcycle]

Active Mining was also trending down, along with Asicminer.

You know, as long as we're stating facts.

actually, AM was coming back up on the news of their new hardware releases/profit increase.  Before that, they were trending down, but they had already started back up before the BTCgarden news broke.

You do realize there are charts we can look at see that's not the case?

[velacreations]

I have a feeling there won't be as much reinvesting as some might speculate. No doubt there will be some, but a lot of that BTC was only added for this particular investment. I don't blame people for feeling bitter about having their time AND money wasted - might be quite the turn off.

That's why I think a lot of people will move coins to stable/proven investments like AM, over newer securities like Labcoin.

It certainly leaves a bad taste in your mouth.

[twentyseventy]

Buy back going on now!

[Moebius327]

It has started.

[Bitcycle]

More important that someone transparently pumping their favorite stock...


LOOKS LIKE THE BUYBACK IS IN PROGRESS RIGHT NOW.

[velacreations]

You do realize there are charts we can look at see that's not the case?

Are you trying to say AM didn't go from ~3.3 to ~3.8 a few days ago?

The chart shows a clear up trend from Aug 9:

[Bitcycle]

You do realize there are charts we can look at see that's not the case?

Are you trying to say AM didn't go from ~3.3 to ~3.8 a day ago?

The chart shows a clear up trend from Aug 9:

August 9 being when?  A day ago?

There was a one time jump on a big buy, then it went up yesterday along with everything else in anticipation of the buyback money.

Look, you want to pump your holdings.  We get it. You've done it.  Good job!

[velacreations]

August 9 being when?  A day ago?

There was a one time jump on a big buy, then it went up yesterday along with everything else in anticipation of the buyback money.

Look, you want to pump your holdings.  We get it. You've done it.  Good job!

I don't know where you are, but Aug 9 is 3 days ago in my time zone.

The "one time jump" as you called it was based on the news announced about the new hardware and increased profits for AM.

Regardless of the reasons, it was clearly not a downtrend.

[runam0k]

More important that someone transparently pumping their favorite stock...


LOOKS LIKE THE BUYBACK IS IN PROGRESS RIGHT NOW.

Correct. Repaid in full here.

[Bitcycle]

August 9 being when?  A day ago?

There was a one time jump on a big buy, then it went up yesterday along with everything else in anticipation of the buyback money.

Look, you want to pump your holdings.  We get it. You've done it.  Good job!

I don't know where you are, but Aug 9 is 3 days ago in my time zone.

The "one time jump" as you called it was based on the news announced about the new hardware and increased profits for AM.

Regardless of the reasons, it was clearly not a downtrend.

You were the one calling Aug 9 a day ago before your edited your post.  Which I wouldn't mention ordinarily, but now you're trying to pin the discrepancy on me.  Nice.

Well, what we're not seeing yet is money going to AM.

[velacreations]

You were the one calling Aug 9 a day ago before your edited your post.  Which I wouldn't mention ordinarily, but now you're trying to pin the discrepancy on me.  Nice.

no, you misunderstood, I am not pinning it on you.  Yes, I said a day ago, incorrectly, and corrected my comment accordingly.

I misunderstood your response as saying the only rise was a day ago.  I am sorry for the confusion.

[klee]

More important that someone transparently pumping their favorite stock...


LOOKS LIKE THE BUYBACK IS IN PROGRESS RIGHT NOW.

Correct. Repaid in full here.

Me too!