Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 273. (Read 1079974 times)

That is hindsight. There was no way to tell how far it would drop. It had looked as if Labcoin was gone - no hashing, no word, Burnside can't get ahold of anyone and posts a "Warning" (which I believe was a major cause of the sell-off and is somewhat responsible for the hysteria).

My stupidity and greed drove me to buying the shares. Every time I held onto them with hopes to sell higher, the price kept going down. I'd rather take some money than no money.

Maybe my trading strategy is different than yours, but typically when people lose 2/3 of their value they may begin to think about selling. Maybe it was a mistake, all I know is that I can't trust this company. I don't think that anyone can.

I thought about it a lot. Believe me. And yeah, maybe I could have gotten the money back. But maybe I could have lost it all. Hindsight is not something we have with stocks.

I decided that I would take the large loss due to their inability to tell the truth. The truth is worth a lot to me.

It doesn't matter what labcoin "announces" today (according to swede), as they have proven to have lied in nearly every post so far

So many people watching out for me in this thread. So much concern.

I feel special.

strange decision you were willing to lose 2/3 and only get 1/3 of your investment because you're not willing to "lose it all" i say you were quite close to losing it all anyways at the price you liquidated. couldve waited and possibly lost nothing

See here: https://bitcointalksearch.org/topic/m.3200221

Let me start out by saying I'm not trying to scare anyone to make the share price go lower. Believe me, I'm uninterested in Labcoin. I liquidated all of the 18000 shares today at ~.001 that I carelessly bought two days ago at ~.0028. Yes, I lost a good amount of money, about 2/3 of my original buy price. I'm not too worried about it as I am still in the black overall in my investments, but it is extremely disappointing and I can say I learned a hard lesson.

I'm generally concerned about labcoin. I don't like to invest in companies where the people running it continuously lie. Then when they're lies are realized, they say something else to make people happy. Then it doesn't turn out, and they lie again.

The thing about labcoin is that they don't have time to not be mining. All of you that keep giving them a chance are in denial. Every day that they aren't mining takes a huge chunk out of the potential value that they could have had. If they ever get their issues sorted out, they're working with 120nm, then 65nm. Which will become obsolete while there are multiple companies shipping out 28nm's in November, December, and January. I know ACTM is planning on shipping in November from a proven Asic manufacturer. I'm not really worried about them having issues, the company has the experience to deal with them.

All I'm saying is that I do not like what's been going on here. Keep your head on straight guys. Don't let your greed motivate you, like it did me. It's an important lesson, and I'm glad I didn't lose it all.

From the definition of scam, Labcoin is a scam.
"Verb   1.   scam - deprive of by deceit; "She defrauded the customers who trusted her" http://www.thefreedictionary.com/scam

Sure, they could have good intentions, but they LIE. I don't want to take the time to read through theswedes posts to find all of the lies. They promise things, take your money, and they don't follow through with their promises. As far as I'm concerned, that is defrauding the customers. It's terrible. I don't want to know lies. Lies are worse than no information.

And a note to theswede. It seems to me like you might need some help to get your brain going, either your retarded or just in denial. It's not your responsibility to be the middle man for this lying. Given the fact that most of what you've said coming from labcoin isn't true, I would stop saying things. Realize what you are contributing to. By irresponsibly representing labcoin, you are making real people lose real value. Grow up and realize the real impact that your actions have on people. It's not a game.

Don't worry, everything will be cleared up when we get an update today - today meaning by the end of the day tomorrow

I was buying and selling to make up for the loses I incurred last week with the initial huge sell-off. At that time I came to the conclusion it was a scam. After speaking with TheSeven, I changed my mind and they seemed like they may be hashing albeit a little bit. But then hashing completely stops and no word why from Labcoin for over 24hrs then massive sell-offs again.

Even had I not sold I would only be up another 10-15% from what I sold at. The price is still sitting at .0017, I bought at .0025. Had I not sold I would still be out and there was no way to know that the stock was even going to stay above .001.

Again how to spot a FUDer.

1. Complains there are no updates when share price is falling
2. When they get an update calls them scammers and accuses them for trying to pump the share price

No i have used it properly he is one of the people who yelled scam this whole time, meanwhile he was buying and trading shares in the security he called a scam. Perfect definition of a FUDster.

I do not think you know how to use the word FUD in a sentence.

No the biggest idiots are the FUDs like yourself, who sold off all their shares, and have lost 50% of their Bitcoins because they didn't get an update within 24hrs. When they the logical thing to do was wait maybe they ran into a problem that they already mentioned with the pools, naaaahhh they skipped town and ran with our money is more logical in my underdeveloped brain.

    5.46455871 BTC   

Who cares? Everyone was selling late yesterday and through the morning because there were no payouts going to the address for 24 hrs and no word from Labcoin - everyone thought they skipped town so they all sold off.

You are the Biggest idiot on this thread.

How to spot a FUD:

1. I want an update when price goes down, to tell me you are still here and everything is ok
2. Then I will call you a scammer for doing so, and accuse of trying to pump the price up.

They are going to post an update today, you clown. OMG why isn't Labcoin here every 5 minutes the price goes down to say we are here. When they do update you faggots accuse them of always updating when the price falls lol. Get a life losers, back on ignore all you FUDs go.

Wow, you're really buying back up again because of that transcript...?
He basically just said what he said before and what we know - that he knows nothing of their 130nm development, that he's basically a complete outside person here.

I specially liked this part:


yes... what the hell IS that supposed to be?