LABCOIN Speculation Thread

[VinceSamios]

Price and Developments speculation here.

[Franktank]

Reserved.

[wiak2]

Not with this clusterfuck of an IPO...

I can't see these guys having any staying power.

What have the actual issuers of the stock done wrong?  The excitement caused by and response to the IPO was not expected by anyone, and they are rationally trying to make a fair solution for everyone instead of hastefully dumping the shares on the market.  So far it has been much more orderly than Activemining's IPO.

[Moebius327]

Mass hysteria about this IPO. Beware.

[VinceSamios]

Not with this clusterfuck of an IPO...

I can't see these guys having any staying power.

What have the actual issuers of the stock done wrong?  The excitement caused by the IPO was not expected by anyone, and they are rationally trying to make a fair solution for everyone instead of hastefully dumping the shares on the market.  So far it has been much more orderly than Activemining's IPO.

IPO's should be simple... x shares available, x bids to eat up those shares - top bids get eaten first

wheres the discussion to be had? it's absurd.

[wiak2]

Not with this clusterfuck of an IPO...

I can't see these guys having any staying power.

What have the actual issuers of the stock done wrong?  The excitement caused by the IPO was not expected by anyone, and they are rationally trying to make a fair solution for everyone instead of hastefully dumping the shares on the market.  So far it has been much more orderly than Activemining's IPO.

IPO's should be simple... x shares available, x bids to eat up those shares - top bids get eaten first

wheres the discussion to be had? it's absurd.

The problem is that the issuer has no idea when the asset will be approved, and once it is approved bidding can begin.  The voting can take days or weeks, but LABCOIN was approved in less than a day.  They had no chance to put the stocks up before bids were in place, but still want to honor the IPO price of .001.  I commend them for standing by the original price and not just profiting of the speculators.  Ken of AMC fucked up his IPO so bad (repeatedly dumping more shares at one price before undercutting himself later on, dumping 500,000 additional shares for "extra expenses" after the original NRE sold out), and yet you stand by him.  Makes me wonder who you're invested in  right now

[boyohi]

Not with this clusterfuck of an IPO...

I can't see these guys having any staying power.

What have the actual issuers of the stock done wrong?  The excitement caused by the IPO was not expected by anyone, and they are rationally trying to make a fair solution for everyone instead of hastefully dumping the shares on the market.  So far it has been much more orderly than Activemining's IPO.

IPO's should be simple... x shares available, x bids to eat up those shares - top bids get eaten first

wheres the discussion to be had? it's absurd.

The problem is that the issuer has no idea when the asset will be approved, and once it is approved bidding can begin.  The voting can take days or weeks, but LABCOIN was approved in less than a day.  They had no chance to put the stocks up before bids were in place, but still want to honor the IPO price of .001.  I commend them for standing by the original price and not just profiting of the speculators.  Ken of AMC fucked up his IPO so bad (repeatedly dumping more shares at one price before undercutting himself later on, dumping 500,000 additional shares for "extra expenses" after the original NRE sold out), and yet you stand by him.  Makes me wonder who you're invested in  right now

+1 life is not fair, oh well.

[jackcc]

You already submitted this post! You might have accidently double clicked, or tried to refresh.

[Dexter770221]

"The first run will yeild 1000-1500 chips @ 130nm, 300Mhz, Power 0.8W, 6.5x6.5mm design. With specs of 5 GH at 2.7W/GHash."

So, which one is it? 0.8W or 13.5W?
With that second value this chip will vaporize. Thermal resistances will not allow to operate so small die at so high temperatures...

[VinceSamios]

0.8w per chip I think.... 300mhz chip....

[ChronoX5]

I'm predicting that all the leftover money from the IPO will get poured into BTCGarden without anyone checking the thread.

[blackswan]

I'm predicting that all the leftover money from the IPO will get poured into BTCGarden without anyone checking the thread.

+1

That and some of the leftover money will be reinvested in all the stocks everyone dumped to buy in Labcoin.

[mgio]

I predict it's going to crash.

Here is why:

1) Mass hysteria over the IPO. This is rarely a good sign for an IPO. The IPO was overbooked by almost 3 times.

2) Everyone who wasn't able to buy in the IPO wasn't able to because of glitches with the BTCT.CO website. These people are pissed off and not likely to invest now.

3) The mining space is increasing competitive. KNCMiner and Bitfury are about to release their chips and miners and are going to completely overwhelm anyone sill using first generation mining ASICs. Labcoin is behind and won't be able to keep up.

[Bonam]

I predict in the short term it will go up. It was clearly illustrated that there is a lot of demand for these shares at prices well above the IPO value of 0.001. As soon as there is open trading of Labcoin shares, price will go up until demand matches supply. Seems pretty basic. Market fundamentals like the number of competitors in the BTC mining market and the relative technical/economic merits of Labcoin will assert themselves over a longer timeframe, and shares could rise or fall depending on how Labcoin and various competitors do. But everyone who bought at the IPO value will likely be able to sell tomorrow for a tidy profit.

[ChronoX5]

I predict it's going to crash.

Here is why:

1) Mass hysteria over the IPO. This is rarely a good sign for an IPO. The IPO was overbooked by almost 3 times.

2) Everyone who wasn't able to buy in the IPO wasn't able to because of glitches with the BTCT.CO website. These people are pissed off and not likely to invest now.

3) The mining space is increasing competitive. KNCMiner and Bitfury are about to release their chips and miners and are going to completely overwhelm anyone sill using first generation mining ASICs. Labcoin is behind and won't be able to keep up.

And that's exactly what their IPO price reflects. It's incredibly cheap so they don't have to get as much hashing power online.

[twentyseventy]

I predict it's going to crash.

Here is why:

1) Mass hysteria over the IPO. This is rarely a good sign for an IPO. The IPO was overbooked by almost 3 times.

2) Everyone who wasn't able to buy in the IPO wasn't able to because of glitches with the BTCT.CO website. These people are pissed off and not likely to invest now.

3) The mining space is increasing competitive. KNCMiner and Bitfury are about to release their chips and miners and are going to completely overwhelm anyone sill using first generation mining ASICs. Labcoin is behind and won't be able to keep up.

No way in hell. I'm not saying that it's going 'to the moon' like all those ActM fanboys, but there are many, many people who just missed the IPO lock because of BTCT issues, etc posting in the Labcoin thread. Most of those who missed out aren't going to be pissed and not invest, they're just going to buy up more shares.

[damiano]

The price on this will run higher than what people are expecting... it's just so cheap to begin with.  Even if people sell at .002 it's cheap.  This is even more of a speculators dream than active mining.

[hl5460]

0.002 is the minimum

[ArcticWolf]

The price on this will run higher than what people are expecting... it's just so cheap to begin with.  Even if people sell at .002 it's cheap.  This is even more of a speculators dream than active mining.

The problem is that they dont really have anything to back it up. 130nm chips in Q4 2013? 65 nm in Q2 2014?
Competitors have 28nm coming in early Q4 2013.

[HeRetiK]

I predict it's going to crash.

Yeah, sure. The question is whether it'll be at .002 or at 2.00

Assuming it's not a scam the IPO price is a rather safe bet.