Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 308. (Read 1079974 times)

kryptotrader.com and/or #bitcoin-assets freenode IRC chan.

so, nothing to do with no hashing and no performance, overvalued share price, etc, etc? 

am I really THAT persuasive?  If so, whoever sold those 165K shares should give me a tip!

thank you

http://kryptotrader.com/

How much time?  They have a limited window to make their profit with the hardware they have (?).  It's not like the rest of the network is going to sit around and wait for them to get their shit together.

a month behind schedule is a big setback.

Probably a response to the FUD. Someone wanted cheap shares in here and had the bids waiting while pushing all that FUD. You got the shares, hopefully the price of shares goes down further.

I'd say someone trying to invoke a panic sell-off to get cheap shares. Price will come back up and they will sell. Things aren't amazing but there isn't anything of such an extreme scenario to justify a natural move of that degree.

What do you use to see the exact volume in a time frame?

What I'm saying is it just doesn't matter. Labcoin isn't going anywhere as a corporation. They have plenty of cash and enough time to figure this out. They have millions of dollars and they have chips. All they have to do is figure out how to put their chips to use and that could take a month, so what?

They are all going to be millionaires if they get these chips to hash and if they don't then that is business. Most startups go bankrupt.

I say give them a month. It's not like their chips will go anywhere and they'll have plenty of chips to hash with in a month and it will still be profitable.

165K shares, I don't know the average price, but the lowest was .002
There's 330+ BTC that just left.

man, seriously, what was that?  who was that?

was that our fake pool guy?

zero credibility

165K shares?  wtf?  is that Labcoin dumping?

Can someone bring me up to speed as to why things are crashing, yet again? 

Lets just not talk about it until one of our theories has been proven. So far you cant say that they have their own assembled mining gear. they might use 3rd party gear. Some pcb and chips say nothing. My suspicions cant be proven either but time will tell. You talk as if you are sure of what you say but you simply can't be.

Picture or it didnt happen is how i see the whole thing. 'nough said imo.

dexx7 is officially my favourite user. Thank you for your posts, they are always useful and straight to the most important points

Labcoin is not a scam. They are incompetent but incompetence can be fixed while a scam cannot.
Amateurs yes, scam no.

Team labcoin on BTCGuild originates back to june and they even mined some altcoins. If you look through TheSwede's post history, you'll also notice many hardware purchases.

But from all theories, the one that Labcoin mines with exactly those three Avalons and that this is the reason for the payouts we see, is one of the more unlikely ones in my opinion.

Why? Because they have much more mining hardware available right now than this and also the coins (many!) to pull a whole different story, if they'd want to.

So I'm asking myself (for days now), why do they act as they do? I believe they have chips and also boards, though I'm not sure if they have working miners, but this has almost nothing to do with the question: why do they act as they do?

TheSwede is a miner himself and I think he is not stupid, thus I believe he is well aware of "how things work", how API tokens on slush's are generated and of course what's happening here on the forums and how people think about what's happening here. There is one very important piece missing right now to solve this puzzle, if you dismiss the possibility of a more or less sophisticated long con.

I'd like to ask you, Swede, what is your relation to Labcoin at all? Is it somewhat out of (your) control and are you only forwarding the (unsufficient) information you receive? And what is labcoin's role? I think it's obvious that "delaria" is a former account of "labcoin". Is Sam Noi actually Sam Noi Sengphachanh?

From his point of view, I think, he might think that telling everyone something like "actually I have no idea of what's happening behind the curtain, things go wrong but I have no idea why and there is nothing I can do" does more harm than acting "unreasonable" as he does now. I also think it wouldn't be clever from his point of view to admit that the coins sent to 17psAW21J4twanAFWmbcd5WdX2pKeX3trm are not from Labcoin (if they are not) until Labcoin is able to deliver the hashing on its own.

I believe the coins received on this address are from some fishes that invested some coins to game the market - because it would be a worthwhile move. They are only (several) fishes and no whale (miner), because they are unable to transfer a constant amount of coins to this address, which would have been even more profitable. The masterplan would have been to keep up the flow of coins, because one larger payment might trigger a mini-rally, but we all know - if people lose their doubts and start to believe what Labcoin says and what they claim to do in a shorter timeframe (50 TH/s, 300-500 TH/s etc.), saying that this stock will "go to teh moon" is probably an underestimation. I'm not saying that those coins are 100 % not from Labcoin, but I'd say it's unlikely due to the larger swings combined with pool switches combined with several mining stops and no further payout since 2013-09-19 17:17:18 UTC. Right now everything looks like Labcoin hasn't start to mine yet.

Swede, I have one last question: are you aware of what you are doing? For me a honest answer to this question would be worth more than operational facts at the moment.

Please don't take this as an attack, it's really not intended as such and I hope that one day all of us can look back to this thread and smile, too!

Even if Labcoin share is priced @0.01 in 4 months, the fact is that Labcoin is laughing at you, dear shareholder.