Labcoin is a good troll stock. It's good for day trading too, all this volatility is easy money, but it needs liquidity. It has to get on Bitfunder.
Sorry but the order book is 6 BTC away from 0.0006, which is kind of a miracle given the imminent freeze of all assets, and *any* BID over 0.00045-50 is more like an emergency exit for those who don't want to gamble with very, very disputable profit chances.
A decent price for 750 GH/s with the current situation would be more around 0.0002 as I said, so 0.0006 is still a very good price to quit... I'm all out already as I've mentioned weeks before, and while I don't "hate" the stock, the only consistent think I've seen is announcements that are never in reality.
My loss only encourages me to warn all the remaining holders to stop delusions and save what can still be saved. And no, I won't buy them out, rest assured.
Lets say they get out now and in October the hash rate increases. Now you got out and lost money for nothing? Or let's say they get out now and then later today or tomorrow Labcoin comes here and makes a post and the hashrate is in the top 10, then what?
I understand people are in a panic because of the hash rate and uncertainty but that can change at any moment. Selling means you miss out on being able to sell later at a higher price. The only way to sell now is if you can't wait until Oct.
