Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 631. (Read 1079974 times)
September 07, 2013, 04:20:00 PM
It seems to be the case that everyone just sells-off after 20-30% gains with these announcements. This has the effect of absorbing all the incoming funds rewarding them with nothing. In other words, those who are selling-off and rebuying low are just collecting shares while keeping the price per share low, and keeping other/new investors out of any potential share holdings(future dividends). Its a good strategy if the plan is to make the money from the dividends rather than the increase of the stock price.
September 07, 2013, 03:57:09 PM
I think everyone should be aware that if price reacts to good news that the sellers will be ready to jump, and so price will be back below where it is now within a few hours. You only need to look at the ACtM chart to see how things will pan out with good news. And price will end up even lower with bad news. Either way, price will end up below where it is now.
This is why extreme caution is needed here. IF there is good news, you need to get ready to sell - or end up below the current price.
This is why extreme caution is needed here. IF there is good news, you need to get ready to sell - or end up below the current price.
That might just be the stupidest thing I've read all week.
And that says something, since you were in tough competition with yourself there.
September 07, 2013, 03:56:14 PM
Quite boring now Stuart....
September 07, 2013, 03:49:59 PM
Thank you so much for your concern, Stuart. We'll be sure to make the right play.
Well that's presumptuous. Infact, most people are not making the right play just now which is why price is still so high. The right play is not to sit and wait for the possibility of total loss but many are doing just that because of cheerleaders like yourself pretending everything is going to be OK - despite the fact that you simply don't know that.
I think everyone should be aware that if price reacts to good news that the sellers will be ready to jump, and so price will be back below where it is now within a few hours. You only need to look at the ACtM chart to see how things will pan out with good news. And price will end up even lower with bad news. Either way, price will end up below where it is now.
This is why extreme caution is needed here. IF there is good news, you need to get ready to sell - or end up below the current price.
September 07, 2013, 03:24:04 PM
Never mind the trolls for now you can deal with them later. The crucial point is there are only three days to go and many people are still trusting their hard earned money on this? OMG guys be sensible. A safe price is sub 0.002 so my advice with only hours to go and NOTHING from LabCoin is lock in your profits and don't buy above the level mentioned.
If this is a gamble and you can afford to loose your cash don't worry, a gamble is a gamble. But if this is important money, then please make sure it is safe.
If this is a gamble and you can afford to loose your cash don't worry, a gamble is a gamble. But if this is important money, then please make sure it is safe.
Thank you so much for your concern, Stuart. We'll be sure to make the right play.
I think a good play might be to buy shares after the price plummets to 0.002ish after a couple of days of Labcoin strife and rage if the hashing deadline is not met, no?
EDIT: Any curent share holders willing to gamble on the fact that this dealine may not be met could potentially double their holdings.
September 07, 2013, 03:14:08 PM
Never mind the trolls for now you can deal with them later. The crucial point is there are only three days to go and many people are still trusting their hard earned money on this? OMG guys be sensible. A safe price is sub 0.002 so my advice with only hours to go and NOTHING from LabCoin is lock in your profits and don't buy above the level mentioned.
If this is a gamble and you can afford to loose your cash don't worry, a gamble is a gamble. But if this is important money, then please make sure it is safe.
If this is a gamble and you can afford to loose your cash don't worry, a gamble is a gamble. But if this is important money, then please make sure it is safe.
Thank you so much for your concern, Stuart. We'll be sure to make the right play.
September 07, 2013, 03:10:05 PM
If it stays below 0.004, great! Then I can buy even more and collect dividends while everyone else stands around like idiots.
It's a bit silly to think that people who decide not to invest in this holding are 'idiots'. There is so little substance in terms of evidence right now that people are justifiably being cautious. That doesn't make them idiots, just careful investors who need a good reason to put hard earned money on the line.
Again you are saying this is trolling but what I'm saying is far less partisan than your blind faith in a company that has gone silent with only days to go till crunch time and millions of dollars on the line. All I'm saying is be cautious until evidence arrives. I'm also saying this is a gamble and so people should be prepared to loose.
September 07, 2013, 02:58:07 PM
What sucks is that we have no idea what to expect with the price... if the past is any guide, it won't go above .004. All the previous jumps on news has conditioned us to sell just below .004. But maybe this time we do that and miss out on huge profit.
If they hash with real working hardware the price will go up (I guess something like 0.005+). If they don't give us the proof of something real (like the older news) we'll stay here, around 0.003-0.0035.
Daytraders will become long/mid-term shareholders if dividends (comming from the mining) are sent.
That's my predictions, but I may be wrong
September 07, 2013, 02:44:23 PM
We want more pictures to start. They must have something to entertain us with..
September 07, 2013, 02:42:23 PM
What sucks is that we have no idea what to expect with the price... if the past is any guide, it won't go above .004. All the previous jumps on news has conditioned us to sell just below .004. But maybe this time we do that and miss out on huge profit.
It depends on the news.
If the news is appropriate proof like that we see hashing occuring, and you think the price will stay below 0.004, you will get burned hard.
September 07, 2013, 02:28:16 PM
If it stays below 0.004, great! Then I can buy even more and collect dividends while everyone else stands around like idiots.
September 07, 2013, 02:26:39 PM
The price will double, that's if we start hashing...
September 07, 2013, 02:26:02 PM
What sucks is that we have no idea what to expect with the price... if the past is any guide, it won't go above .004. All the previous jumps on news has conditioned us to sell just below .004. But maybe this time we do that and miss out on huge profit.
It depends on the news.
If the news is appropriate proof like that we see hashing occuring, and you think the price will stay below 0.004, you will get burned hard.
September 07, 2013, 02:20:20 PM
What sucks is that we have no idea what to expect with the price... if the past is any guide, it won't go above .004. All the previous jumps on news has conditioned us to sell just below .004. But maybe this time we do that and miss out on huge profit.
September 07, 2013, 02:20:15 PM
First time I'm comfortable to hold my Labcoin shares. Is it a good sign ?
No news is good news?
September 07, 2013, 02:13:01 PM
Yes I'm looking forward to next week. The speculation has died down a lot
September 07, 2013, 02:07:05 PM
First time I'm comfortable to hold my Labcoin shares. Is it a good sign ?
September 07, 2013, 12:14:59 PM
Our dumper should strike soon. He's not smart enough to let the price continue higher.
September 07, 2013, 11:42:27 AM
Never mind the trolls for now you can deal with them later. The crucial point is there are only three days to go and many people are still trusting their hard earned money on this? OMG guys be sensible. A safe price is sub 0.002 so my advice with only hours to go and NOTHING from LabCoin is lock in your profits and don't buy above the level mentioned.
If this is a gamble and you can afford to loose your cash don't worry, a gamble is a gamble. But if this is important money, then please make sure it is safe.
If this is a gamble and you can afford to loose your cash don't worry, a gamble is a gamble. But if this is important money, then please make sure it is safe.
3/10. Below average uninspired concern-trolling. Put your back into it!
September 07, 2013, 11:34:45 AM
Never mind the trolls for now you can deal with them later. The crucial point is there are only three days to go and many people are still trusting their hard earned money on this? OMG guys be sensible. A safe price is sub 0.002 so my advice with only hours to go and NOTHING from LabCoin is lock in your profits and don't buy above the level mentioned.
If this is a gamble and you can afford to loose your cash don't worry, a gamble is a gamble. But if this is important money, then please make sure it is safe.
If this is a gamble and you can afford to loose your cash don't worry, a gamble is a gamble. But if this is important money, then please make sure it is safe.
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