The main reason the price is so low is they said they'd be back on the list in an hour and hours later they aren't hashing at all.
Looks to be hashing now. #19. Not too shabby.
Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 179. (Read 1079974 times)
September 26, 2013, 02:19:39 PM
The main reason the price is so low is they said they'd be back on the list in an hour and hours later they aren't hashing at all.
Looks to be hashing now. #19. Not too shabby.
September 26, 2013, 02:19:33 PM
The main reason the price is so low is they said they'd be back on the list in an hour and hours later they aren't hashing at all.
GASP! ...but that would mean...they lied?!?
September 26, 2013, 02:19:11 PM
The main reason the price is so low is they said they'd be back on the list in an hour and hours later they aren't hashing at all.
That isn't really the concern. They always break their promises. The real concern is whether or not they can get on Bitfunder. That will determine everything.
For a few BTC its not a big deal if they get started in Oct, dividends will still come in and it can still be profitable. But if they don't have any liquidity there is no point in trading at all.
September 26, 2013, 02:19:02 PM
The main reason the price is so low is they said they'd be back on the list in an hour and hours later they aren't hashing at all.
Looks to be hashing now. #19. Not too shabby.
September 26, 2013, 02:17:42 PM
The main reason the price is so low is they said they'd be back on the list in an hour and hours later they aren't hashing at all.
September 26, 2013, 02:15:09 PM
Liquidate your shares today! https://bitcointalksearch.org/topic/wtb-labcoin-stocks-for-paypal-300663 
0.0004 / share?! WTF?
it's going below that before the lock it will hit .000000001
Are you anti-Labcoin now?
Anyway, based on their current hashrate, that is a very decent price, but it's cheap if they reach 10 TH/s but that is *very* unlikely to happen since they have proven times and again that they are at best not on schedule, and IMHO totally off their target.
My best guess for a fair price would be around 0.000060 to 0.000250 so it's a wide scale... but 0.000750 is totally overvalued.
In other words, it's still a good time to sell off your last shares.
Moral of the story overvalued piece of doo doo sell before BTCT closes for good, they cant even get hash rate up, and cant keep a simple deadline, can't wait for them to take a hold of direct shares and set up a new exchange.
It's been days and these morons still haven't decided on an exchange. Sell while you can before you get screwed forever!
This is pure panic. The shares are worth 0.0005. The shares will for sure go back up to 0.001 but not much more than that. The price will go way up if they announce they will be on Bitfunder. The main reason for the price being below IPO is lack of liquidity. Even if they were hashing at the rate they claim it wouldn't help because they don't have an exchange.
This is a good time to buy. It's a complete gamble but its cheap. 5-6 BTC is good enough for a 50/50 chance. Just don't spend much more than that.
September 26, 2013, 02:13:16 PM
Sam, Swede don't even bother posting anything, as a matter of fact just stop posting forever, nobody gives a shit, we all know your are mentally retarded. We'll just watch your fail mining address go to .10BTC every 10 hours, and then 0BTC forever.
Even if you raise hashrate, again no need to post anything, we can just see the mining proceeds and hashrate on BTCguild.
Go take a vacation from opening your mouths, since you are both complete idiots.
Even if you raise hashrate, again no need to post anything, we can just see the mining proceeds and hashrate on BTCguild.
Go take a vacation from opening your mouths, since you are both complete idiots.
September 26, 2013, 02:10:33 PM
Liquidate your shares today! https://bitcointalksearch.org/topic/wtb-labcoin-stocks-for-paypal-300663
0.0004 / share?! WTF?
it's going below that before the lock it will hit .000000001
Are you anti-Labcoin now?
Anyway, based on their current hashrate, that is a very decent price, but it's cheap if they reach 10 TH/s but that is *very* unlikely to happen since they have proven times and again that they are at best not on schedule, and IMHO totally off their target.
My best guess for a fair price would be around 0.000060 to 0.000250 so it's a wide scale... but 0.000750 is totally overvalued.
In other words, it's still a good time to sell off your last shares.
Moral of the story overvalued piece of doo doo sell before BTCT closes for good, they cant even get hash rate up, and cant keep a simple deadline, can't wait for them to take a hold of direct shares and set up a new exchange.
It's been days and these morons still haven't decided on an exchange. Sell while you can before you get screwed forever!
September 26, 2013, 02:10:30 PM
Liquidate your shares today! https://bitcointalksearch.org/topic/wtb-labcoin-stocks-for-paypal-300663
lol. Possibility of a Paypal claim + lower than current market value?Where do I sign?!?!?
That's how I read that thread as well
Hi I'm new.
I'll pay with paypal for your shares
then I'll do a charge back
contact me now!!
Now, I'm not sure what the problem is with offering to liquidate a stock that looks like it's about to collapse in the current market but if you have anything against the offer, sure - that's what you're entitled to. I may be new to this forum, but I'm sure a certain amount of trust will be able to be developed if we (me and my potential seller) keep in contact during the duration of the deal.
September 26, 2013, 02:09:30 PM
That will get the SEC involved for sure. Are you all trying to get Labcoin shut down?
September 26, 2013, 02:07:35 PM
Liquidate your shares today! https://bitcointalksearch.org/topic/wtb-labcoin-stocks-for-paypal-300663
lol. Possibility of a Paypal claim + lower than current market value?Where do I sign?!?!?
That's how I read that thread as well
Hi I'm new.
I'll pay with paypal for your shares
then I'll do a charge back
contact me now!!
That will get the SEC involved for sure. Are you all trying to get Labcoin shut down?
September 26, 2013, 02:04:05 PM
Liquidate your shares today! https://bitcointalksearch.org/topic/wtb-labcoin-stocks-for-paypal-300663
lol. Possibility of a Paypal claim + lower than current market value?Where do I sign?!?!?
That's how I read that thread as well
Hi I'm new.
I'll pay with paypal for your shares
then I'll do a charge back
contact me now!!
September 26, 2013, 02:03:23 PM
Its fact that's why burnside posted the warning
For those that truly worry, best I can tell, trading these securities is not illegal and the fact they are unregistered securities doesnt mean they are invalid or worthless (Im sure there is a million other reason why they are worthless though). So as a shareholder, afaik you are not violating any law nor giving up any of your rights.
However issuing these unregistered securities and offering them for sale publicly clearly is illegal in most countries, including the US, as is providing "substantial assistance", "knowingly or recklessly". There is no doubt in my mind that Theswede could be held liable under US law. And thats even if Labcoin were legit and were to put 1000TH online tomorrow.
Of course Ytterbium, Ytterbium & Associates says its all perfectly legal. If in doubt, I suggest you make up your own mind. This is some human readable info from the sec on the subject:
http://www.sec.gov/investor/pubs/preipo.htm
(dont think that the SEC will consider an IPO on BTCT as a real IPO)
Here is the act:
http://www.law.cornell.edu/wex/securities_act_of_1933
September 26, 2013, 02:02:43 PM
Liquidate your shares today! https://bitcointalksearch.org/topic/wtb-labcoin-stocks-for-paypal-300663
0.0004 / share?! WTF?
Look, I'm only offering to liquidate a stock that looks like it may or may not fall apart within an hour or two times by the looks of the current market. Surely, offering $0.05 or 0.0004 is a premium deserved (obviously, fees will be paid on my end).
September 26, 2013, 02:02:22 PM
Liquidate your shares today! https://bitcointalksearch.org/topic/wtb-labcoin-stocks-for-paypal-300663
0.0004 / share?! WTF?
it's going below that before the lock it will hit .000000001
Are you anti-Labcoin now?
Anyway, based on their current hashrate, that is a very decent price, but it's cheap if they reach 10 TH/s but that is *very* unlikely to happen since they have proven times and again that they are at best not on schedule, and IMHO totally off their target.
My best guess for a fair price would be around 0.000060 to 0.000250 so it's a wide scale... but 0.000750 is totally overvalued.
In other words, it's still a good time to sell off your last shares.
September 26, 2013, 02:01:52 PM
Liquidate your shares today! https://bitcointalksearch.org/topic/wtb-labcoin-stocks-for-paypal-300663
lol. Possibility of a Paypal claim + lower than current market value?Where do I sign?!?!?
September 26, 2013, 02:01:10 PM
Is everyone a manipulator today. ahhhh. sell, wait huh
September 26, 2013, 01:58:04 PM
Liquidate your shares today! https://bitcointalksearch.org/topic/wtb-labcoin-stocks-for-paypal-300663
0.0004 / share?! WTF?
it's going below that before the lock it will hit .000000001
September 26, 2013, 01:57:09 PM
Liquidate your shares today! https://bitcointalksearch.org/topic/wtb-labcoin-stocks-for-paypal-300663
0.0004 / share?! WTF?
September 26, 2013, 01:56:22 PM
I tried to dump but I get "Trading is currently frozen on this security." I'm sooooo fucked.
OH NO EVERYONE SELL BEFORE THE LOCK GETS TO THEIR ACCOUNT!!!!!
But if that happens how will we get Cheap SharesTM?
QUICK BEFORE YOU ARE LOCKED FOREVER AND IT'S WORTHLESS!!
CAPS LOCK, RED COLOR, BIG SIZE, this thing is serious!
Beware the approaching lock! Its eating accounts one by one! Sell before its too late!
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