Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 675. (Read 1079974 times)

Yep, I bet LC have the 20k buy orders sprinkled down the bids.

Archive the FUD for historical purposes.

Hahah, turns out stevieioio is a ActiveMining bag holder:



Trying to get scare people into selling Labcoin and at the same time trying to pump ActiveMining.  But, can't even come up with entertaining FUD like the Chinese pixel detectives

  here comes the no news crash. Bitcoiners are fickle creatures.

The price of a stock in the future isn't defined by what it's chart looks like in the past.  If it turns out the chips are twice as fast as predicted, the stock will go up - it doesn't matter at all what the chart looks like. If the chips don't work, the price will go down. Doesn't matter what the chart looks like.

People who think they can predict what a stock is going to do in the future based on it's "chart", all this "technical analysis" mumbo jumbo are delusional.   The chart is randomized - it's biased towards the 'true' price but it goes up and down on the basis of completely random decisions by however many people are involved in the stock.

The idea you know what the "big money" people are doing is completely laughable. Not that there aren't "big money" people who are chartists - but they are also idiots.

People have no idea what they're talking about - someone was blabbing about a "short squeeze" a few pages back - but you can't short stock on BTCT.co, there can't ever be a "short squeeze" People hear various terminology on stock trading repeat it without any idea WTF they're talking about.

There's a mix of people in these forums, people who understand technology and people who think they're genius day traders who know nothing about the technology they're investing in and nothing about economics and can't do math but just stare at charts and think they can predict the future.

LC could prevent it if they release updates. Should be plenty of info leading up to hashing. If they keep quiet, it could get ugly again.

This weeks forecast: 100% chance of FUDshowers

Temperatures could be dropping in the evenings and causing freezing, beware of falling FUDcicles.

Anyone here who is willing to sell some reasonable put options in the next days with an expiration date of 2013-09-13 (12 days from now) or later?

Volatility over the last.. 3 days: 13.190% (mean .003667), 7 days: 41.425% (mean .003383), 14 days: 60.192% (mean .002995), 21 days: 81.208% (mean .002545), 30 days: 84.325% (mean .002288).

--

On topic:

We know that there should be 2000-2500 sample chips, the given chip specifications were 4.7 GH/s and LAB said they are going to deploy 4-6 TH/s soon. But I've never read that all chips are being deployed or similar. Furthermore I assume they are called sample chips for a reason. Anyway, 2500 * 4.7 TH/s = 11.75 TH/s != 4-6 TH/s => garage chips hashing at 30-50 % is not a legit implication.

Though this doesn't rule out that the sample chips might be indeed garbage chips.

They said they would and then didn't and don't discuss it any more. Not a great sign.

From OP:


4.7*2000 = 9400

Why is this number dwindling so quickly? Now 2500(20% of which are expected to be garbage?) chips = 3-4Th/s? The global hashrate continues to march ever higher and the small portion of the network LC was expected to capture with their first small chip run keeps shrinking. Also not a great sign.

No worries, have a look at your 'BTC count' and get ready to see it half. If that's OK by you it's certainly OK by me. Enjoy.

lol, ha ha ha WOW  what a clusterfuck of morons you have on this thread.

The chart is random? What, in the way it randomly shows price?

Price creates the chart you turgid piece of shit.

Jesus this would be funny if real money wasn't involved. I can't wait to take your money moron.

here comes the Sunday sell off...

Nothing so far on the locking of shares. They don't seem to want to do that.

How the 6TH/s became 3-4Th/s: They probably sold the rest. From Swede's update:

This thread is a mess to try to keep up with. Has LC management released any info on why they've been unable to follow through with locking founder shares? Is there any explanation available as to why/how the 6Th/s became 3-4Th/s? Serious questions. The OP was last edited in July so there's no consolidated information.

Tell this to whoever did not buy at IPO price mate  
I am relaxed and eating my pop corn while you sweat trying to save my ass lol

Unless, of course, they start hashing. See you in 2 weeks!

What the fuck are you even talking about?  The price of a stock has nothing to do with it's "chart" - it's completely random. People who think they can predict where stocks will go based on the chart and nothing else are completely ridiculous.

I'm sure there are plenty of delusional people with more bitcoins then sense trying to guess where this stock is going to profit short term on the share price. I'm sure it can go up and down.  Sensible people are investing on the basis of how much money this company is going to make off of it's chips by mining.  Not trying to "read the chart" and guess where it's going to go over the weekend.

Listen I don't want to take over this thread, I came on for a while to give you guys a heads up that's all. Just be very very careful. I'll leave it at that. Like I say, you can't say you were not warned. I don't want to come on here in 2weeks to see you all going 'WTF just happened' but fear that is exactly what will happen. Bon Voyage.

So... why are you here? Just to save us? How noble.

Now that I can agree with. LOL