Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 669. (Read 1079974 times)

There has been some minor selloff today.  Might move a bid or two lower if it continues.

Correct. My btc are ready.

This would be what's colloquially termed a "buying opportunity".

You don't need to be a genius to know that whacking someone over the head with a baseball bat is likely to hurt them. Likewise, you don't need any financial experience to know that the price of LC is not going to crash with mining set to begin within the week.

With financial experts like yourself, I'm not surprised the global economy was flushed down the shitter.

I think it's amazing how entitled everyone here seems about getting news. It's the same in every bitcoin security thread.

They gave an update not too long ago that everything is going as planned and that they plan on starting mining not later than september 10th.
Whether you believe that or not is up to you, but you can't deduct from lack of news-feed that they are not just simply working hard on getting everything running and want to present results when there are results to present.
Lack of news right now says absolutely nothing. If there are no news until september 10th, THEN you can start to be angry about it.

Anyway, I too have a strong feeling that they won't keep that "10th september" deadline, just because empirical evidence suggests that no one in hardware production ever keeps any such deadlines...
They have an untested chip to put on an untested board, and their expectations seem to be that everything will work without any problems, which I find a bit naive.
I'm still absolutely bullish on LC, and I really don't mind if it takes them a little longer, but I can already picture how absolutely batshit insane people will go if there's just the slightest bit of a delay.

lol so which one are you clever boy?

You see the problem? That's why I'm basing this on the chart. Nothing fabricated, made up or invented. This baby is going DOWN because when you see a specific price formation on a chart the laws of crowd behavior come into effect. Now sure a lot of guys on here are clueless and wouldn't know a double top if it hit them in the BALLS but there are some big guys who know the score. These guys are sharpening their knives. Their killing knives. Enjoy the next few days. I think in a funny way, you guys deserve it.

Chuang Tzu = always right 

Exactly, were they this close to hashing there would be a plethora of news about the progress of the project. Not enough time to take 5 minutes to update supporters is BS.

True that about delays, but what do you think will happen if the test run/ first chips do their job? I think more will come online..
And who cares about the tech specs @ that moment? Thats their concern, we just want to see the hashing power and dividends come online.. and thats for the time being..

When they are going to sell the chips; okay; imho -> than alot of things need to be answered.. for potential buyers of the hardware.. than they need shit load of specs and stuff..

But for now.. Let them bring it first; ill go moan after that..

Yes.. a number 1.

Quick!
Everybody needs to sell labcoin for no reason, then buy it back again when the price is higher?

When you spot seemingly manipulative behavior, you have to distinguish between (1) white knights, (2) concerned investors, (3) investors of other securities and (4) those who want to buy cheaper and (5) trolls or former investors who are raging for whatever reason.

While shareholders should be thankful for type (2) for bringing up topics which need to be discussed anyway, they neither should fear one of the others due to their inferior position or insignificance. They leave sooner or later and those with the goal of purchasing shares might even give in.

The true villain is the one who doesn't reveal his position and whose actions aren't perceived as suspicious at all.



steveioio, this one is for you. <3




This concern seems to be reasonable. Maybe the allegedly upcoming smaller batch of chips is only intended as sample batch to verify results as fast and cheap as possible (no proper packaging -> underperforming chips). Thus only 3-4 TH/s out of 1500-2500 chips which should hash at 4.7 GH/s/chip (total 7-12 TH/s) according to their earlier specifications. Though this is only speculation and the total amount of chips is a bit vague, too.

On 12th July labcoin mentioned 1000/1500 chips while TheSwede75 announced 2000-2500 later:



Also related:



I'll end this post with another quote:


Eight exciting days to go.

Well delays; delays; we are used to those on this forum and in the bitcoin world right?

As long as they mine eventually and take that % of the network.. 1 week, 1 month, 2 months; who cares if you got cheap shares..
Just leave it a side and wait..

Maybe sell before news about not mining? Or at least new messages about more delay?

I didn't call you a merchant banker, I called you a "merchant banker".

I'm not going to dump LC as soon as I can as that would be right now. I will be selling my LC shares for around 0.05 BTC around November and putting my fat stack of profit into ActM to make another fat stack of profit. After that, if no new ASIC manufacturing IPOs pop up, I'll be reinvesting in AM, LC and ActM.

You see, I'm here to make profit, not to worship some company or claim some other company is a complete failure like some retarded fanboy.

hahaha moron, there were 2 dips already where you could buy for 0028 at the lowest..
Where were you? or you were posting on your other homo trol account?

wow another dumb guy. Because he's HOPING this will go higher but he's not stupid. If price dips below 35 he is OUT. Taking your money with him. major lolz!

lol, hahaha 0035 sale? why didnt he sold at 00385 then? wtf..

Sell before new news about mining; strange theory..

Who says they are a merchant banker? lol you really are on medication!

This outfit isn't a week away from mining don't be a fool. You are nothing but a cheerleader pumping shares then ready to get out as soon as you can

We have all seen what you are writing on the activemining thread Mabsark. You are going to hold LC then dump it as soon as you can. You also told us you bought in at .0018! So as soon as this starts hitting .0035 YOU WILL DUMP IT! I guarantee this FUDSTER is going to dump all his shares very soon. He has led you into his trap!

I will advise the noobs again to get out with their profits NOW. Don't get caught in this major sell off about to come down. Sell now and buy back much lower - you will profit in the long run. Aim for sub 0.002 - DO NOT buy back above that.

Just a reminder to both the haters and the fanatics that there are still 3 Days left until the close of the BitBet Labcoin Bet.

Those that believe the bet will finish 'YES' currently have about 2.27:1 odds, not counting the Time Weight factor

http://bitbet.us/bet/521/labcoins-own-130nm-design-sample-chips-will-be/

if you dump 27k shares, all the filled bids will show up as executed orders. so the 27k are splitted in many smaller orders. on btc-tc they appear as sells in the history tab.