[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 698.

redbeans2012

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Quote from: Vigil on August 28, 2013, 08:03:15 PM

Quote from: dexX7 on August 28, 2013, 07:59:35 PM

Quote from: Vigil on August 28, 2013, 07:43:56 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.

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.

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

Vigil

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Quote from: dexX7 on August 28, 2013, 07:59:35 PM

Quote from: Vigil on August 28, 2013, 07:43:56 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.

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. We got confirmation and dates of dividends.

dexX7

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Quote from: Vigil on August 28, 2013, 07:43:56 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).

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: AngelSky on August 28, 2013, 07:49:49 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.

AngelSky

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

redbeans2012

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Quote from: Vigil on August 28, 2013, 07:43:56 PM

Quote from: AngelSky on August 28, 2013, 05:10:15 PM

Quote from: JohnyBigs on August 28, 2013, 05:04:52 PM

Did anybody miss this, here is the update. I thought there was no update until I just saw it on BTCT.

A note to the Swede you should have a section in thr OP where post latest update, delete old ones and replace with new updates instead of posting in the thread and it getting lost. Also a twitter account wouldn't hurt.

Status update: We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week.We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start.

We all know that but see how the market reacts ? it's pretty funny Grin

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.

Or just lack of confidence.

Vigil

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Activity: 378

Merit: 250

Quote from: AngelSky on August 28, 2013, 05:10:15 PM

Quote from: JohnyBigs on August 28, 2013, 05:04:52 PM

Did anybody miss this, here is the update. I thought there was no update until I just saw it on BTCT.

A note to the Swede you should have a section in thr OP where post latest update, delete old ones and replace with new updates instead of posting in the thread and it getting lost. Also a twitter account wouldn't hurt.

Status update: We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week.We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start.

We all know that but see how the market reacts ? it's pretty funny Grin

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.

VolanicEruptor

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Activity: 392

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Quote from: redbeans2012 on August 28, 2013, 07:39:58 PM

Quote from: velacreations on August 28, 2013, 07:26:24 PM

Quote from: velacreations on August 28, 2013, 11:03:08 AM

Too much uncertainty to call it right now, it could go either way. I'm betting it will dip below .0029 before it sees .0035.

I'm out till I see something concrete. Undecided

.......BUY BUY BUY

redbeans2012

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Activity: 887

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Quote from: velacreations on August 28, 2013, 07:26:24 PM

Quote from: velacreations on August 28, 2013, 11:03:08 AM

Too much uncertainty to call it right now, it could go either way. I'm betting it will dip below .0029 before it sees .0035.

I'm out till I see something concrete. Undecided

velacreations

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Activity: 476

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Quote from: velacreations on August 28, 2013, 11:03:08 AM

Too much uncertainty to call it right now, it could go either way. I'm betting it will dip below .0029 before it sees .0035.

redphlegm

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Activity: 246

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My spoon is too big!

Quote from: rainforst001 link=topic=263445.me=1377731649

IF you received the chip aleady,Why no update before.TheSwede75 and The labcoin company,how much money you earned yesterday?
I can't turst your team anymore.

Show's over folks. Sell everything. rainforst is out of turst.

rainforst001

newbie

Activity: 15

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IF you received the chip aleady,Why no update before.TheSwede75 and The labcoin company,how much money you earned yesterday?
I can't turst your team anymore.

boyohi

full member

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This is better than the online poker boom. A lot of stupid money. Free money for the rest of us.

HeRetiK

legendary

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Playgram - The Telegram Casino

Quote from: Bitcycle on August 28, 2013, 06:16:06 PM

Good news, price goes lower than it was before.

Oh bitcoiners, how I wish I could quit you.

~ it's the circle of life...

Bitcycle

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Activity: 420

Merit: 250

Quote from: AngelSky on August 28, 2013, 05:10:15 PM

Quote from: JohnyBigs on August 28, 2013, 05:04:52 PM

Did anybody miss this, here is the update. I thought there was no update until I just saw it on BTCT.

A note to the Swede you should have a section in thr OP where post latest update, delete old ones and replace with new updates instead of posting in the thread and it getting lost. Also a twitter account wouldn't hurt.

Status update: We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week.We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start.

We all know that but see how the market reacts ? it's pretty funny Grin

Good news, price goes lower than it was before.

Oh bitcoiners, how I wish I could quit you.

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: JohnyBigs on August 28, 2013, 05:04:52 PM

Did anybody miss this, here is the update. I thought there was no update until I just saw it on BTCT.

A note to the Swede you should have a section in thr OP where post latest update, delete old ones and replace with new updates instead of posting in the thread and it getting lost. Also a twitter account wouldn't hurt.

Status update: We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week.We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start.

We all know that but see how the market reacts ? it's pretty funny Grin

JohnyBigs

sr. member

Activity: 560

Merit: 250

Did anybody miss this, here is the update. I thought there was no update until I just saw it on BTCT.

A note to the Swede you should have a section in thr OP where post latest update, delete old ones and replace with new updates instead of posting in the thread and it getting lost. Also a twitter account wouldn't hurt.

Status update: We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week.We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start.

JohnyBigs

sr. member

Activity: 560

Merit: 250