That ask wall at 30 has to be real, any big buy is going to hit it now.
Interesting, I fully expected it to be pullled when we got this close.
Looks like LC is going to miss the deadline in China time.
Because the team is on vacation in hawaii.
Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 404. (Read 1079974 times)
September 17, 2013, 10:15:14 AM
That ask wall at 30 has to be real, any big buy is going to hit it now.
Interesting, I fully expected it to be pullled when we got this close.
Looks like LC is going to miss the deadline in China time.
Because the team is on vacation in hawaii.
September 17, 2013, 10:12:54 AM
That ask wall at 30 has to be real, any big buy is going to hit it now.
Interesting, I fully expected it to be pullled when we got this close.
Looks like LC is going to miss the deadline in China time.
September 17, 2013, 10:09:01 AM
Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.
Please don't use what burnside confirmed as if it was a good thing.
Burnside didn't say they'd been sold, he said they weren't held in the account he associated with Labcoin. That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.
Please don't use what burnside confirmed as if it was a good thing.
Yes, they are gone, like I said. We don't know what happened with them, so we have to assume they have been sold.
Painting it like burnside said or implied in any way that they haven't been sold is wrong.
No, we don't have to assume they have been sold. Now you're just spreading FUD.
I never said Burnside implied they haven't been sold, but come to think of it... here's what Burnside actually said:
I hope the LABCOIN guys don't mind me disclosing this. Over 85% of the 3 million shares have not left a specific account I know is held in the Labcoin name. The other 15% could easily be held in any of the next few top shareholders, but I am not privy to who is who without some assistance.
September 17, 2013, 10:02:52 AM
That being said, burnside confirmed last week that they hadn't dumped, yet. He also confirmed that they never requested the shares to be locked.
Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.
Please don't use what burnside confirmed as if it was a good thing.
yeah, I wasn't trying to paint it as positive, but you are right, he confirmed 15% are gone.
What is interesting about that is that they could dump 10% right now, and still have their promise in tact. What would a 10% dump do to the current market price?
Also, that confirmation was last week, we have no idea what they are right now.
September 17, 2013, 10:00:04 AM
LC's main objective isn't to appease us, it's to get kit on line. Sit back relax and watch the waves...
September 17, 2013, 09:58:49 AM
That being said, burnside confirmed last week that they hadn't dumped, yet. He also confirmed that they never requested the shares to be locked.
Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.
Please don't use what burnside confirmed as if it was a good thing.
Yes, they are gone, like I said. We don't know what happened with them, so we have to assume they have been sold.
Painting it like burnside said or implied in any way that they haven't been sold is wrong.
September 17, 2013, 09:57:15 AM
That being said, burnside confirmed last week that they hadn't dumped, yet. He also confirmed that they never requested the shares to be locked.
Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.
Please don't use what burnside confirmed as if it was a good thing.
This is also wrong. He said he didnt know which account held the rest of the shares.
September 17, 2013, 09:56:51 AM
That being said, burnside confirmed last week that they hadn't dumped, yet. He also confirmed that they never requested the shares to be locked.
Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.
Please don't use what burnside confirmed as if it was a good thing.
September 17, 2013, 09:56:01 AM
That being said, burnside confirmed last week that they hadn't dumped, yet. He also confirmed that they never requested the shares to be locked.
Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.
Please don't use what burnside confirmed as if it was a good thing.
He said 85% are in the same account, we don't know if any were sold or if they are sitting in different accounts. Swede has said he isn't aware of anyone selling at all
September 17, 2013, 09:54:58 AM
LC's main objective isn't to appease us, it's to get kit on line. Sit back relax and watch the waves...
September 17, 2013, 09:54:14 AM
That being said, burnside confirmed last week that they hadn't dumped, yet. He also confirmed that they never requested the shares to be locked.
Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.
Please don't use what burnside confirmed as if it was a good thing.
September 17, 2013, 09:40:09 AM
Isn't it suspect that they wouldn't allow their 30% shares to be locked? Is there any way to confirm that they aren't planning to pump and dump?
It is suspect, and it's suspect that they never address the issue, even though it is a MAJOR broken promise/lie.
That being said, burnside confirmed last week that they hadn't dumped, yet. He also confirmed that they never requested the shares to be locked.
September 17, 2013, 09:39:37 AM
Labcoin just came online...
Labcoin: What is the reason for the drop from the original estimate of 6Th/s to 3-4Th/s to now 2Th/s for this initial batch? Is there a problem with heat?
Not really a drop to 2 TH, this is roughly the speed we're mining at now, it will reach 4 TH next monday. The drop was from 6 to 4 TH and was caused by some underperforming part of the batch.
when do we expect a dividend? somewhere this week?
So 2 weeks till we start seeing divs?
First dividend payment is due on tuesday 17 September
September 17, 2013, 09:39:32 AM
Labcoin just came online...
Cue drum roll September 17, 2013, 09:38:03 AM
where has fanboy mabsark gone to?
he hides every time they miss a deadline or break a promise.
September 17, 2013, 09:37:06 AM
First dividend payment is due on tuesday 17 September
we'll just add this to the growing list of broken promises and missed deadlines.
but wait, Labcon will come on in a few hours and say "Dividends have been postponed due to tweaking. We will send them when we have time, in two weeks, mid october, christmas, valentine's day, next update, tomorrow, or soon. Buy cheap shares."
What do they gain at this point telling anyone to buy shares? They got all the money they need. They don't get any extra money telling anyone to buy shares.
Isn't it suspect that they wouldn't allow their 30% shares to be locked? Is there any way to confirm that they aren't planning to pump and dump?
There's a lot of risk in this stock, apply Bayes' theorem.
September 17, 2013, 09:35:24 AM
Labcoin just came online...
September 17, 2013, 09:35:08 AM
where has fanboy mabsark gone to?
September 17, 2013, 09:27:37 AM
First dividend payment is due on tuesday 17 September
we'll just add this to the growing list of broken promises and missed deadlines.
but wait, Labcon will come on in a few hours and say "Dividends have been postponed due to tweaking. We will send them when we have time, in two weeks, mid october, christmas, valentine's day, next update, tomorrow, or soon. Buy cheap shares."
September 17, 2013, 08:58:39 AM
Did anyone receice his dividends yet?
It would show up on the history tab, here: https://btct.co/security/LABCOIN Jump to: