Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 198. (Read 1079974 times)
September 25, 2013, 08:58:50 AM
Don't waste your time, the price will be .0011 - .0014 until more hashing is online.
September 25, 2013, 08:58:36 AM
daily decrease...
September 25, 2013, 08:57:01 AM
btc t
September 25, 2013, 08:55:50 AM
Price is dropping fast.....
What price are you looking at?
September 25, 2013, 08:53:39 AM
Price is dropping fast.....
September 25, 2013, 08:44:48 AM
It seems that the Avalons are hashing again at btcguild 
September 25, 2013, 08:09:42 AM
One picture 1000 words.
More liquidity
More security
Do you need more ?
More liquidity
More security
Do you need more ?
After a throw analysis i believe Bitfounder is the next logical step.
September 25, 2013, 08:09:11 AM
...
Suppose the probably of both of those outcomes was 50%, a coin flip.
Now suppose someone bet you $1 on a coin flip, but gave you 3:1 odds. Heads, you win $3, tails you lose $1.
The obvious thing to do is take that bet.
...
Suppose the probably of both of those outcomes was 50%, a coin flip.
Now suppose someone bet you $1 on a coin flip, but gave you 3:1 odds. Heads, you win $3, tails you lose $1.
The obvious thing to do is take that bet.
...
The odds of this particular coin flip are less than 50%. In this case, you're betting on
September 25, 2013, 08:04:02 AM
Basically, if you've held to 0.0011, you'll keep holding until there's no hope left. You're pretty much FUD immune if you're still in at this point.
September 25, 2013, 07:59:48 AM
After a throw analysis i believe Bitfounder is the next logical step.
+1
September 25, 2013, 07:59:31 AM
The problem here is that you are stacking lots of supposes.
Well, for the mean time, let's suppose he is.
September 25, 2013, 07:59:11 AM
After a throw analysis i believe Bitfounder is the next logical step.
September 25, 2013, 07:47:32 AM
Labcoin is back in BTC Guild... but just with 730gh/s again...
Too be honest, I'm very impressed that we didn't have more FUD and panic selling in the last 24 hours.
This thread has become somewhat reasonable.
Fudsters probably think it's dead, people holding the stock probably didn't want to sell near the IPO price due to the 'risk' that they might start hashing, or even, actually, add capacity like they said they would. The thing is, since this stock hasn't really been able to go under the IPO price, there isn't as much "risk" holding it while it's this cheap, since it doesn't look like it will drop much father in the short term (so long as they keep hashing)
So think about it this way -- suppose you have two possible scenarios
A) Labcoin increases hashrate, share price goes way up from it's current position, 2x, 3x, maybe 4x - all within range of it's prior highs, so not impossible. (And if not now, then when it gets situated on a new exchange.
B) Labcoin fails to boost hashrate, or fails completely and the hashrate goes to zero.
Suppose the probably of both of those outcomes was 50%, a coin flip.
Now suppose someone bet you $1 on a coin flip, but gave you 3:1 odds. Heads, you win $3, tails you lose $1.
The obvious thing to do is take that bet.
Plus, if you can make the determination before everyone else then you might bound your losses from the current price at 0.0001-0.0003 or so. If you can do that, you can get (for yourself) something like 10:1 or 30:1 odds. on something that.
Obviously not everyone will actually do it, but since everyone overestimates their own abilities, I would guess that a lot more people think they'll be able to time it right then actually will, which would distort the market.
Anyway, that's my theory.
__
Oh, and another thing: same information and they were trading around .002 (well before they went offline) Then they dropped to 0.001 when BTCT.co closed. So a lot of people probably think the shares are undervalued due to btct.co drama that has nothing to do with labcoin, so the shares naturally will go back up when they get situated on a new exchange.
But, by the time that happens they'll either be hashing or not - the 'coin will have been flipped' so to speak
The problem here is that you are stacking lots of supposes. Change one of them and it becomes bleak. Suppose the chance that they will succeed and increase the hash is only 1% instead of 50%. Still want to take that bet?
September 25, 2013, 07:41:09 AM
Basically, if you've held to 0.0011, you'll keep holding until there's no hope left. You're pretty much FUD immune if you're still in at this point.
September 25, 2013, 07:35:16 AM
Labcoin is back in BTC Guild... but just with 730gh/s again...
Too be honest, I'm very impressed that we didn't have more FUD and panic selling in the last 24 hours.
This thread has become somewhat reasonable.
Fudsters probably think it's dead, people holding the stock probably didn't want to sell near the IPO price due to the 'risk' that they might start hashing, or even, actually, add capacity like they said they would. The thing is, since this stock hasn't really been able to go under the IPO price, there isn't as much "risk" holding it while it's this cheap, since it doesn't look like it will drop much father in the short term (so long as they keep hashing)
So think about it this way -- suppose you have two possible scenarios
A) Labcoin increases hashrate, share price goes way up from it's current position, 2x, 3x, maybe 4x - all within range of it's prior highs, so not impossible. (And if not now, then when it gets situated on a new exchange.
B) Labcoin fails to boost hashrate, or fails completely and the hashrate goes to zero.
Suppose the probably of both of those outcomes was 50%, a coin flip.
Now suppose someone bet you $1 on a coin flip, but gave you 3:1 odds. Heads, you win $3, tails you lose $1.
The obvious thing to do is take that bet.
Plus, if you can make the determination before everyone else then you might bound your losses from the current price at 0.0001-0.0003 or so. If you can do that, you can get (for yourself) something like 10:1 or 30:1 odds. on something that.
Obviously not everyone will actually do it, but since everyone overestimates their own abilities, I would guess that a lot more people think they'll be able to time it right then actually will, which would distort the market.
Anyway, that's my theory.
__
Oh, and another thing: same information and they were trading around .002 (well before they went offline) Then they dropped to 0.001 when BTCT.co closed. So a lot of people probably think the shares are undervalued due to btct.co drama that has nothing to do with labcoin, so the shares naturally will go back up when they get situated on a new exchange.
But, by the time that happens they'll either be hashing or not - the 'coin will have been flipped' so to speak
September 25, 2013, 07:31:29 AM
It's because 1) it's already close to IPO price. 2) no one intested in buying at this moment except those who have already bought enough. 3) the interest in BTC stock investing has been hurt significantly. It may take months to recover.
For me, I've already prepared to just live with dividend only for a while. I don't expect the price will increase much even it's successfully relisted in BitFunder. Liquidity has gone, only part of them will go there.
I agree the closure of BTCT does hurt bitcoin stocks for a while, but it will recover.
On the other hand, I actually think it's a good thing for now if most of the securities concentrate on one exchange. That will increase liquidity for them all.
We need other exchanges to exist, just in case, but it's helpful at this stage to have one that is the clear leader.
In the long run, we desperately need a distributed solution to bitcoin securities trading.
September 25, 2013, 07:24:13 AM
It's because 1) it's already close to IPO price. 2) no one intested in buying at this moment except those who have already bought enough. 3) the interest in BTC stock investing has been hurt significantly. It may take months to recover.
For me, I've already prepared to just live with dividend only for a while. I don't expect the price will increase much even it's successfully relisted in BitFunder. Liquidity has gone, only part of them will go there.
I agree the closure of BTCT does hurt bitcoin stocks for a while, but it will recover.
On the other hand, I actually think it's a good thing for now if most of the securities concentrate on one exchange. That will increase liquidity for them all.
We need other exchanges to exist, just in case, but it's helpful at this stage to have one that is the clear leader.
In the long run, we desperately need a distributed solution to bitcoin securities trading.
September 25, 2013, 07:24:05 AM
Feels like to me they have constantly and consistently under estimated how long it takes to do things.
If this is the case either scaling up needs to be done asap (I think this was already mentioned) or stop anouncing they will do things on specific dates.
I would prefer the former. Its more likely to have results
If this is the case either scaling up needs to be done asap (I think this was already mentioned) or stop anouncing they will do things on specific dates.
I would prefer the former. Its more likely to have results
I already told theswede about this, he decided to just ignore my advice, i guess they really enjoy shooting themselves in the foot now its more throwing granades.
The problem is they don't have a technical communications guy. They have TheSwede, but he apparently doesn't actually know much about technology. He also doesn't actually know much about what's going on inside the company.
They're already paying TheSeven, why not pay him for an hour or so a day to keep up with technical operational information and share that information? This would obviously require that he actually have the technical information to give out.
I mean, what's the deal? They were off the BTCGuild charts for 26 hours, 4 minutes, and 59 seconds.
It's certainly good to see they're back on the charts, as it implies their hardware didn't actually blow up or anything*. I was thinking they might be moving hardware or something like that. But it would have been really helpful if they'd communicated that in advance.
(*unless it blew up and they were able to replace it with the second batch that would have taken them to 1.6 - and unlikely possibility)
Which is why it's still too risky for most people. Because it makes you wonder, why the hell can't they get their act together??
September 25, 2013, 07:22:22 AM
Labcoin is back in BTC Guild... but just with 730gh/s again...
Too be honest, I'm very impressed that we didn't have more FUD and panic selling in the last 24 hours.
This thread has become somewhat reasonable.
It's because 1) it's already close to IPO price. 2) no one intested in buying at this moment except those who have already bought enough. 3) the interest in BTC stock investing has been hurt significantly. It may take months to recover.
For me, I've already prepared to just live with dividend only for a while. I don't expect the price will increase much even it's successfully relisted in BitFunder. Liquidity has gone, only part of them will go there.
I don't think so... the price doesn't go up because it's still too risky for most people. They have not yet demonstrated that they can really deliver on their promises.
Once they start increasing their hash rate consistently, and start paying bigger dividends, the price will definitely go up again.
September 25, 2013, 07:21:47 AM
Feels like to me they have constantly and consistently under estimated how long it takes to do things.
If this is the case either scaling up needs to be done asap (I think this was already mentioned) or stop anouncing they will do things on specific dates.
I would prefer the former. Its more likely to have results
If this is the case either scaling up needs to be done asap (I think this was already mentioned) or stop anouncing they will do things on specific dates.
I would prefer the former. Its more likely to have results
I already told theswede about this, he decided to just ignore my advice, i guess they really enjoy shooting themselves in the foot now its more throwing granades.
The problem is they don't have a technical communications guy. They have TheSwede, but he apparently doesn't actually know much about technology. He also doesn't actually know much about what's going on inside the company.
They're already paying TheSeven, why not pay him for an hour or so a day to keep up with technical operational information and share that information? This would obviously require that he actually have the technical information to give out.
I mean, what's the deal? They were off the BTCGuild charts for 26 hours, 4 minutes, and 59 seconds.
It's certainly good to see they're back on the charts, as it implies their hardware didn't actually blow up or anything*. I was thinking they might be moving hardware or something like that. But it would have been really helpful if they'd communicated that in advance.
(*unless it blew up and they were able to replace it with the second batch that would have taken them to 1.6 - and unlikely possibility)
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