[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 697.

wjsqsn

newbie

Activity: 31

Merit: 0

Quote from: redbeans2012 on August 28, 2013, 07:46:26 PM

Quote from: N_S on August 28, 2013, 07:41:04 PM

Quote from: Vigil on August 28, 2013, 07:35:56 PM

The selloff was gonna happen once it became clear that no news was coming. Yes, theswede sort of confirmed that but the price would have dropped anyway. It had already started to drop 10 minutes before. Look it up. Look at the posts before his. Like this one:

Quote from: limbaugh on August 27, 2013, 08:08:58 PM

The sell off has started, who wants to be the bag holder?

At the time, that post stuck out to me as expertly placed FUD.

At the time that post was made there was some dumping going on (probably from the poster).. I sold mine right after that expertly timed post.

It's proved to be a Scam, I called the phone Last night, the man named WangZhenHua（王振华） denied that he related with labcoin. The Phone numbers still can be read, 13923836781, anyone can call and find truth.

Labcoin belongs to iTec company,which is actually located in Shenzhen Integrated Circuit Design Industrial Base (SZICC) ,in the company's contact column, post the real phone, but when somebody call for asking labcoin matters, who answered the phone seems to be surprised about the phone number' reveal. shortly after the call, the contact page of the company was changed immediately, and now the webpage closed (http://www.szicc.net / Portals / LinkUs.aspx? UID = 227).

Contact the original screenshot

http://www.btcpie.com/wp-content/uploads/2013/08/QQ%E5%9B%BE%E7%89%8720130824124430.jpg

After being replaced by:
http://www.btcpie.com/wp-content/uploads/2013/08/QQ%E5%9B%BE%E7%89%8720130824130432.jpg

Labcoin has released over MPW service customer booking information form
http://www.btcpie.com/wp-content/uploads/2013/08/QQ%E5%9B%BE%E7%89%8720130824124437.jpg

dexX7

legendary

Activity: 1106

Merit: 1026

I was courious about the exact timing. Here is a visual representation:

AngelSky

hero member

Activity: 1008

Merit: 537

So, what's up now ?

N_S

full member

Activity: 238

Merit: 100

Quote from: redbeans2012 on August 28, 2013, 07:46:26 PM

At the time that post was made there was some dumping going on (probably from the poster).. I sold mine right after that expertly timed post.

Hahaha, I did the same exact thing.

redbeans2012

hero member

Activity: 887

Merit: 1000

Quote from: N_S on August 28, 2013, 07:41:04 PM

Quote from: Vigil on August 28, 2013, 07:35:56 PM

The selloff was gonna happen once it became clear that no news was coming. Yes, theswede sort of confirmed that but the price would have dropped anyway. It had already started to drop 10 minutes before. Look it up. Look at the posts before his. Like this one:

Quote from: limbaugh on August 27, 2013, 08:08:58 PM

The sell off has started, who wants to be the bag holder?

At the time, that post stuck out to me as expertly placed FUD.

At the time that post was made there was some dumping going on (probably from the poster).. I sold mine right after that expertly timed post.

N_S

full member

Activity: 238

Merit: 100

Quote from: Vigil on August 28, 2013, 07:35:56 PM

The selloff was gonna happen once it became clear that no news was coming. Yes, theswede sort of confirmed that but the price would have dropped anyway. It had already started to drop 10 minutes before. Look it up. Look at the posts before his. Like this one:

Quote from: limbaugh on August 27, 2013, 08:08:58 PM

The sell off has started, who wants to be the bag holder?

At the time, that post stuck out to me as expertly placed FUD.

nickwen

member

Activity: 261

Merit: 10

So seriously, you guys still believe Labcoin, or just all share be stuck?

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: deltanine on August 28, 2013, 07:33:28 PM

Quote from: Vigil on August 28, 2013, 07:26:18 PM

Quote from: deltanine on August 28, 2013, 07:23:15 PM

Quote from: AngelSky on August 28, 2013, 07:13:12 PM

Quote from: Vigil on August 28, 2013, 07:10:22 PM

That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.

You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why Cool

Blaming theswede for the selloff is really bizarre to me. Look at how innocuous his post was.

Quote from: TheSwede75 on August 27, 2013, 08:25:12 PM

I just wanted to stop by and say that I have not been able to talk to Sam today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section.

dude, look at the time he made the post and look at the time the sell-off started - he posted at 9:25 PM ET, the sell-off started just after that.

The selloff was gonna happen once it became clear that no news was coming. Yes, theswede sort of confirmed that but the price would have dropped anyway. It had already started to drop 10 minutes before. Look it up. Look at the posts before his. Like this one:

Quote from: limbaugh on August 27, 2013, 08:08:58 PM

The sell off has started, who wants to be the bag holder?

Thats just speculation. The price was fine going into 9:30 PM ET. People were fine waiting till the next day because no definite day was given, just "early next week". Its not like it was Friday and no word.

deltanine

full member

Activity: 231

Merit: 100

Quote from: Vigil on August 28, 2013, 07:26:18 PM

Quote from: deltanine on August 28, 2013, 07:23:15 PM

Quote from: AngelSky on August 28, 2013, 07:13:12 PM

Quote from: Vigil on August 28, 2013, 07:10:22 PM

That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.

You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why Cool

Blaming theswede for the selloff is really bizarre to me. Look at how innocuous his post was.

Quote from: TheSwede75 on August 27, 2013, 08:25:12 PM

I just wanted to stop by and say that I have not been able to talk to Sam today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section.

dude, look at the time he made the post and look at the time the sell-off started - he posted at 9:25 PM ET, the sell-off started just after that.

The selloff was gonna happen once it became clear that no news was coming. Yes, theswede sort of confirmed that but the price would have dropped anyway. It had already started to drop 10 minutes before. Look it up. Look at the posts before his. Like this one:

Quote from: limbaugh on August 27, 2013, 08:08:58 PM

The sell off has started, who wants to be the bag holder?

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: deltanine on August 28, 2013, 07:23:15 PM

Quote from: AngelSky on August 28, 2013, 07:13:12 PM

Quote from: Vigil on August 28, 2013, 07:10:22 PM

That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.

You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why Cool

Blaming theswede for the selloff is really bizarre to me. Look at how innocuous his post was.

Quote from: TheSwede75 on August 27, 2013, 08:25:12 PM

I just wanted to stop by and say that I have not been able to talk to Sam today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section.

dude, look at the time he made the post and look at the time the sell-off started - he posted at 9:25 PM ET, the sell-off started just after that.

AngelSky

hero member

Activity: 1008

Merit: 537

It reminds me something:

http://www.youtube.com/watch?v=Fp1CttLLR0k&t=13m30s

Grin

EDIT: WELCOME TO THE CASINO.

deltanine

full member

Activity: 231

Merit: 100

Quote from: AngelSky on August 28, 2013, 07:13:12 PM

Quote from: Vigil on August 28, 2013, 07:10:22 PM

That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.

You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why Cool

Blaming theswede for the selloff is really bizarre to me. Look at how innocuous his post was.

Quote from: TheSwede75 on August 27, 2013, 08:25:12 PM

I just wanted to stop by and say that I have not been able to talk to Sam today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section.

This was after there were tons of posts all day asking "where is the update?", "where is theswede" plus several FUD slinging posters. He elected to at least be communicative to the shareholders and I appreciate that. If he posted nothing the price would have still dropped because news was expected to come that day.

Plus its misguided to blame him. What if he were to just say "F this" and resign from PR. Then what would happen to the share price?

VolanicEruptor

sr. member

Activity: 392

Merit: 250

step 1: write out a list of steps
step 2: make them sound convincing
step 3: even though they are theories, they are true because people believe them
step 4: shut the door.
step 5: regret writing step 4, because the only point of that step was to rhyme
step 6: look at me I can write out steps too
step 7: this is fun
step 8: kbye

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: dexX7 on August 28, 2013, 07:14:32 PM

Quote from: Vigil on August 28, 2013, 07:03:15 PM

All anyone was expecting was a confirmation of chips arriving. That is it. Go look through the threads in the days and weeks leading up... Everything everyone was expecting in the announcement came (aside from some pictures - which was an afterthought). The news came and all the fusters come out and say it wasn't good enough.

While the news of upcoming news a few days before triggered the price to rise, the actual news weren't news at all, but only a confirmation of what was already expected. On the other hand, the lack of expected news has a potential to have a negative impact. Hope that makes sense. Wink

Edit:

Quote from: redbeans2012 on August 28, 2013, 07:04:55 PM

I just find it odd that the news appears right after a sharp share price drop.

The news from "labcoin" appeared when the price was already at .0027xx again.

No, it doesn't. The entire point was to confirm that things were going according to plan not to offer entirely new information. If that is the case then the price should have remained stable at least. We didn't need to hear something positive we didn't expect in order to maintain the price. What you are saying is nonsense.

What has happened is that the Labcoin shares are now so centralized that a few people can manipulate the entire stock price at will.

Quote

You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why Cool

You changed your tune because you are trying to rationalize the reason for why the price is lower after affirming that Labcoin is on track. You are sitting here questioning "well maybe this wasn't really a confirmation afterall", etc. Total nonsense, it was all we were expecting. The only legitimate reason for the anomaly in price is manipulation.

rainforst001

newbie

Activity: 15

Merit: 0

step 1>sell all the stocks at 0.0038
step 2>pubulish bad news
step 3>buy at 0.002
step 4>pubulish good news "we receve the chips"
step 5>sell all the stocks at 0.0038
someone can easilly do this.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: Vigil on August 28, 2013, 06:59:13 PM

Quote from: AngelSky on August 28, 2013, 06:49:49 PM

No one knows where the real price is. We will see.

Its going to go higher as soon as they shake everyone out of the shares. Keep the stock low and induce panic sells, then eventually bring the price back up.

I would be shocked if they didn't push the price back up past .0037 in a few hrs or so then slowly drift back to .0030-.0033

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: Vigil on August 28, 2013, 07:03:15 PM

All anyone was expecting was a confirmation of chips arriving. That is it. Go look through the threads in the days and weeks leading up... Everything everyone was expecting in the announcement came (aside from some pictures - which was an afterthought). The news came and all the fusters come out and say it wasn't good enough.

While the news of upcoming news a few days before triggered the price to rise, the actual news weren't news at all, but only a confirmation of what was already expected. On the other hand, the lack of expected news has a potential to have a negative impact. Hope that makes sense. Wink

Edit:

Quote from: redbeans2012 on August 28, 2013, 07:04:55 PM

I just find it odd that the news appears right after a sharp share price drop.

The news from "labcoin" appeared when the price was already at .0027xx again.

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: Vigil on August 28, 2013, 07:10:22 PM

Quote from: AngelSky on August 28, 2013, 07:04:59 PM

Quote from: dexX7 on August 28, 2013, 06:59:35 PM

Quote from: Vigil on August 28, 2013, 06:43:56 PM

That is because so many people lost their asses with the panic sell due to TheSwede's comment. They can't get back in to buy. The Labcoin shares were centralized into fewer hands and they can now manipulate the price much easier.

Now they have the shares going back down to sub .0027 - its market manipulation.

It's not necessarily manipulation. The lack of news yesterday was not good at all and the situation exploded with TheSwede's no-news-update, I guess. Later the news did come, but all in all everyone knew what would be published ("chips arrived") and some might have expected more than a few lines of text, followed by this horror comment (actually there is a blogpost about the topic here in chinese).

Without anything substantial I see no reason for rapid growth in the next days based on the sentiment right now.

Agree.

Step 1) Wait for news => Buy
Step 2) No news comming, deadline broken => Sell.
Step 3) Sold too much => Buy back in.
Step 4) Still no news => Sell-all
Step 5) News has come => Buy like a fool @ 0.0037
Step 6) Hmmm, is that really a news ? In 1 line, no picture, nothing real to count on ? There is a lot of time before 4TH online.. nothing will happen until then... hmmmmm... => Sell

We are here I guess.

That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.

You're right about TheSwede that initiated the sell-off thing, that's "Step 2". Yup I changed my tune, I'm sure you know why Cool

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: AngelSky on August 28, 2013, 07:04:59 PM

Quote from: dexX7 on August 28, 2013, 06:59:35 PM

Quote from: Vigil on August 28, 2013, 06:43:56 PM

That is because so many people lost their asses with the panic sell due to TheSwede's comment. They can't get back in to buy. The Labcoin shares were centralized into fewer hands and they can now manipulate the price much easier.

Now they have the shares going back down to sub .0027 - its market manipulation.

It's not necessarily manipulation. The lack of news yesterday was not good at all and the situation exploded with TheSwede's no-news-update, I guess. Later the news did come, but all in all everyone knew what would be published ("chips arrived") and some might have expected more than a few lines of text, followed by this horror comment (actually there is a blogpost about the topic here in chinese).

Without anything substantial I see no reason for rapid growth in the next days based on the sentiment right now.

Agree.

Step 1) Wait for news => Buy
Step 2) No news comming, deadline broken => Sell.
Step 3) Sold too much => Buy back in.
Step 4) Still no news => Sell-all
Step 5) News has come => Buy like a fool @ 0.0037
Step 6) Hmmm, is that really a news ? In 1 line, no picture, nothing real to count on ? There is a lot of time before 4TH online.. nothing will happen until then... hmmmmm... => Sell

We are here I guess.

That isn't what happened. TheSwede initiated the sell-off with his comment. Had he said nothing, everyone would have expected news on Wednesday. Even you were only expecting confirmation of chips arriving and setting dates on dividents. Go look at your posts. You have completely changed your tune from just yesterday.

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: dexX7 on August 28, 2013, 06:59:35 PM

Quote from: Vigil on August 28, 2013, 06:43:56 PM

That is because so many people lost their asses with the panic sell due to TheSwede's comment. They can't get back in to buy. The Labcoin shares were centralized into fewer hands and they can now manipulate the price much easier.

Now they have the shares going back down to sub .0027 - its market manipulation.

It's not necessarily manipulation. The lack of news yesterday was not good at all and the situation exploded with TheSwede's no-news-update, I guess. Later the news did come, but all in all everyone knew what would be published ("chips arrived") and some might have expected more than a few lines of text, followed by this horror comment (actually there is a blogpost about the topic here in chinese).

Without anything substantial I see no reason for rapid growth in the next days based on the sentiment right now.

Agree.

Step 1) Wait for news => Buy
Step 2) No news comming, deadline broken => Sell.
Step 3) Sold too much => Buy back in.
Step 4) Still no news => Sell-all
Step 5) News has come => Buy like a fool @ 0.0037
Step 6) Hmmm, is that really a news ? In 1 line, no picture, nothing real to count on ? There is a lot of time before 4TH online.. nothing will happen until then... hmmmmm... => Sell
/\
||
We are here I guess.

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 697. (Read 1079974 times)