This could be pretty brutal when the US wakes up.
Don't scare me any more than I already am. If you cut losses now you might be able to get some back by getting in on the neobee IPO that is launching tomorrow
The IPO didnt even start so....
Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 295. (Read 1079974 times)
September 20, 2013, 03:40:10 AM
If you cut losses now you might be able to get some back by getting in on the neobee IPO that is launching tomorrow
The IPO didnt even start so....
September 20, 2013, 03:39:52 AM
I have a feeling this will bounce back up to .002 at least, but that is only because it has in the past. I figure those guys buying all these shares at .0015 and .0016 are going to want to rake in some profit off selling higher.
What they want doesn't matter much. We all want to sell higher.
September 20, 2013, 03:39:41 AM
This could be pretty brutal when the US wakes up.
Don't scare me any more than I already am. If you cut losses now you might be able to get some back by getting in on the neobee IPO that is launching tomorrow
The IPO didnt even start so....
September 20, 2013, 03:38:50 AM
This could be pretty brutal when the US wakes up.
Don't scare me any more than I already am. If you cut losses now you might be able to get some back by getting in on the neobee IPO that is launching tomorrow
September 20, 2013, 03:38:35 AM
I have a feeling this will bounce back up to .002 at least, but that is only because it has in the past. I figure those guys buying all these shares at .0015 and .0016 are going to want to rake in some profit off selling higher.
What they want doesn't matter much. We all want to sell higher.
September 20, 2013, 03:37:47 AM
This could be pretty brutal when the US wakes up.
Don't scare me any more than I already am. If you cut losses now you might be able to get some back by getting in on the neobee IPO that is launching tomorrow
September 20, 2013, 03:36:31 AM
This could be pretty brutal when the US wakes up.
Don't scare me any more than I already am. September 20, 2013, 03:35:51 AM
There's still people buying the asks it seems... Just earned the spread of 10% with a small amount of shares (I hold no long term position in Labcoin, but like to play the higher-lower game).
Is it you who runs some bots on Labcoin? Like the one that doubles each ask and the other one that places 1/10 of each bid? Or the smallish orders that pop up once in a while?
No, Labcoin I only do manually. My bot is fairly fresh and with me being fairly risk-averse, I am still thinking about good algorithms for highly volatile securities.
September 20, 2013, 03:35:38 AM
This could be pretty brutal when the US wakes up.
September 20, 2013, 03:34:09 AM
I have a feeling this will bounce back up to .002 at least, but that is only because it has in the past. I figure those guys buying all these shares at .0015 and .0016 are going to want to rake in some profit off selling higher.
September 20, 2013, 03:33:38 AM
There's still people buying the asks it seems... Just earned the spread of 10% with a small amount of shares (I hold no long term position in Labcoin, but like to play the higher-lower game).
Is it you who runs some bots on Labcoin? Like the one that doubles each ask and the other one that places 1/10 of each bid? Or the smallish orders that pop up once in a while?
I hate that double-ask bot.
September 20, 2013, 03:32:25 AM
There's still people buying the asks it seems... Just earned the spread of 10% with a small amount of shares (I hold no long term position in Labcoin, but like to play the higher-lower game).
Is it you who runs some bots on Labcoin? Like the one that doubles each ask and the other one that places 1/10 of each bid? Or the smallish orders that pop up once in a while?
September 20, 2013, 03:31:46 AM
There's still people buying the asks it seems... Just earned the spread of 10% with a small amount of shares (I hold no long term position in Labcoin, but like to play the higher-lower game).
Of course, that works when a stock is relatively stable in some range, but eventually you get caught in a downward trend and you are stuck with a situation like this where there are bouts of massive dumping. September 20, 2013, 03:29:50 AM
There's still people buying the asks it seems... Just earned the spread of 10% with a small amount of shares (I hold no long term position in Labcoin, but like to play the higher-lower game).
September 20, 2013, 03:28:22 AM
Should I panic sell? 
But seriously.
Depends on how much you will lose if you don't, or you do. But seriously.
September 20, 2013, 03:28:14 AM
Should I panic sell? But seriously.
Depends on how much you will lose if you don't, or you do. But seriously.
September 20, 2013, 03:26:56 AM
Should I panic sell? But seriously.
Depends on how much you will lose if you don't, or you do. But seriously. September 20, 2013, 03:23:31 AM
tl;dr - what happened over night?
Basically nothing. More dumping and buying-up of shares while FUD continues from everyone who "doesn't own any shares". And Burnside posted a "Warning" on the Labcoin page. September 20, 2013, 03:22:39 AM
Should I panic sell? But seriously.
But seriously. 
September 20, 2013, 03:22:20 AM
With a large warning banner like that, I think the price of Labcoin would not recover once again, no people buying it anymore, only sell sell sell, we will see sub-ipo price soon.
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