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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 732. (Read 1079974 times)

sr. member
Activity: 378
Merit: 250
It's kind of amazing to see millions of dollars worth of value disappear based on a forum comment. You can see why CEOs and so on in "the real world" are highly limited in terms of what they can say about their companies.

Haha, +1

Millions didn't disappear. I won't defend LC for missing dates - this is a bad sign. However, let's be realistic - less than 1400 BTC have been traded in the last 24 hours. 32K shares isn't that big of a deal.

My gratitude to those that freaked out and sold - I'll be happy to hold onto your shares.
The smart thing to do is to sell and buy low. Its silly to not take advantage of the situation and sit there holding a bag with a dead cat in it.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
Big wall pushing prices up vanished

going down?

i've seen a 20k moving up and disapear

yep

question is will there be another mini dump
sr. member
Activity: 378
Merit: 250
Quote
Anyway, it's obviously not good that TheSweed wasn't able to get a hold of him. What we need is a regular schedule for when we'll get updates.  And not "sometime next week" but "we'll get a report every Thursday at 8PM CDT"
Yes. How can he not "get a hold of Sam"? Makes no sense. He obviously talked to them about providing an update "early this week". They knew what was going down, TheSwede is their PR guy.
hero member
Activity: 1008
Merit: 537
Big wall pushing prices up vanished

going down?

i've seen a 20k moving up and disapear
legendary
Activity: 1442
Merit: 1001
It's kind of amazing to see millions of dollars worth of value disappear based on a forum comment. You can see why CEOs and so on in "the real world" are highly limited in terms of what they can say about their companies.

Haha, +1

Millions didn't disappear. I won't defend LC for missing dates - this is a bad sign. However, let's be realistic - less than 1400 BTC have been traded in the last 24 hours. 32K shares isn't that big of a deal.

My gratitude to those that freaked out and sold - I'll be happy to hold onto your shares.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
Big wall pushing prices up vanished

going down?
sr. member
Activity: 258
Merit: 250
You can trust me, I have an avatar
Early this week must have meant Wednesday....
if early meens not_late then you're right.
Something is wrong, I guess its time to sell now and buy back later.
What would have gone wrong that would make you want to sell now, but buy back later?

20 minutes later....

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.
hero member
Activity: 686
Merit: 500
Microsoft CEO: "We are announcing Windows 9"

*stock price going down*

 Grin
hero member
Activity: 887
Merit: 1000
Bouncing back... some fools feel pretty sorry now

dead cat bounce.  Once people see something solid they will get back in.  We haven't seen anything solid yet and all promises, (developers and owners coming in this thread, locking shares have not happened.) I'll wait.

Unless Labcoin is a total scam or it turns out their chips are non-functional and the guys aren't answering their phones because they're suicidal we're obviously going to hear something at some point. If you sell waiting to hear 'real news' you're just going to end up losing out.

Anyway, it's obviously not good that TheSweed wasn't able to get a hold of him. What we need is a regular schedule for when we'll get updates.  And not "sometime next week" but "we'll get a report every Thursday at 8PM CDT"

Buy price is already back up to .0033.  People were having buy orders filled at 0.0021.

I moved some more BTC into btct.co, it'll be interesting to see where the price is in an hour.

It's kind of amazing to see millions of dollars worth of value disappear based on a forum comment. You can see why CEOs and so on in "the real world" are highly limited in terms of what they can say about their companies.


What forum comment?

This one:

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.

The sell off had already begun when he made the comment.

Yes the selloff was already happening when TheSwede swooped in to try to save the share price. lol
sr. member
Activity: 392
Merit: 250
It's kind of amazing to see millions of dollars worth of value disappear based on a forum comment. You can see why CEOs and so on in "the real world" are highly limited in terms of what they can say about their companies.

Haha, +1
full member
Activity: 231
Merit: 100
Bouncing back... some fools feel pretty sorry now

dead cat bounce.  Once people see something solid they will get back in.  We haven't seen anything solid yet and all promises, (developers and owners coming in this thread, locking shares have not happened.) I'll wait.

Unless Labcoin is a total scam or it turns out their chips are non-functional and the guys aren't answering their phones because they're suicidal we're obviously going to hear something at some point. If you sell waiting to hear 'real news' you're just going to end up losing out.

Anyway, it's obviously not good that TheSweed wasn't able to get a hold of him. What we need is a regular schedule for when we'll get updates.  And not "sometime next week" but "we'll get a report every Thursday at 8PM CDT"

Buy price is already back up to .0033.  People were having buy orders filled at 0.0021.

I moved some more BTC into btct.co, it'll be interesting to see where the price is in an hour.

It's kind of amazing to see millions of dollars worth of value disappear based on a forum comment. You can see why CEOs and so on in "the real world" are highly limited in terms of what they can say about their companies.


What forum comment?

This one:

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.

The sell off had already begun when he made the comment.
legendary
Activity: 1311
Merit: 1000
at least i made some decent profit back, too bad i missed out the 0.0035 phase  >.>

That was fun! Thanks to the weak handed sheep among us!
hero member
Activity: 686
Merit: 500
at least i made some decent profit back, too bad i missed out the 0.0035 phase  >.>
full member
Activity: 238
Merit: 100
Bouncing back... some fools feel pretty sorry now

dead cat bounce.  Once people see something solid they will get back in.  We haven't seen anything solid yet and all promises, (developers and owners coming in this thread, locking shares have not happened.) I'll wait.

Unless Labcoin is a total scam or it turns out their chips are non-functional and the guys aren't answering their phones because they're suicidal we're obviously going to hear something at some point. If you sell waiting to hear 'real news' you're just going to end up losing out.

Anyway, it's obviously not good that TheSweed wasn't able to get a hold of him. What we need is a regular schedule for when we'll get updates.  And not "sometime next week" but "we'll get a report every Thursday at 8PM CDT"

Buy price is already back up to .0033.  People were having buy orders filled at 0.0021.

I moved some more BTC into btct.co, it'll be interesting to see where the price is in an hour.

It's kind of amazing to see millions of dollars worth of value disappear based on a forum comment. You can see why CEOs and so on in "the real world" are highly limited in terms of what they can say about their companies.


What forum comment?

This one:

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.
hero member
Activity: 887
Merit: 1000
So far it has been a lot of promises and no delivery. Even when it comes to announcements.

And if we remember that they will producing the chips without proper testing, there is a lot of room for bad news, like high power usage, overheating issues and so on.

as usual, i'm tired of these companies.

I'd say Activemining and Labcoin are the worst at updating their investors.  Friedcat doesn't update often but at least he had a track record before he started his company.  Plus Labcoin has made a few promises that haven't happened yet.
sr. member
Activity: 252
Merit: 250
So far it has been a lot of promises and no delivery. Even when it comes to announcements.

And if we remember that they will producing the chips without proper testing, there is a lot of room for bad news, like high power usage, overheating issues and so on.

high risk,high profit.
rule of all games.

Yes, but there is also a chance for high losses and some people are not willing to gamble their money.

EDIT: People expect that LC will be the next ASICMINER, but at the moment they haven't delivered anything and the current share price is overvalued for what they have delivered so far.
hero member
Activity: 1008
Merit: 537
So far it has been a lot of promises and no delivery. Even when it comes to announcements.

And if we remember that they will producing the chips without proper testing, there is a lot of room for bad news, like high power usage, overheating issues and so on.

as usual, i'm tired of these companies.
hero member
Activity: 574
Merit: 500
So far it has been a lot of promises and no delivery. Even when it comes to announcements.

And if we remember that they will producing the chips without proper testing, there is a lot of room for bad news, like high power usage, overheating issues and so on.

high risk,high profit.
rule of all games.
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
Buy price is already back up to .0033.  People were having buy orders filled at 0.0021.

I moved some more BTC into btct.co, it'll be interesting to see where the price is in an hour.

It's kind of amazing to see millions of dollars worth of value disappear based on a forum comment. You can see why CEOs and so on in "the real world" are highly limited in terms of what they can say about their companies.


What forum comment?
sr. member
Activity: 252
Merit: 250
So far it has been a lot of promises and no delivery. Even when it comes to announcements.

And if we remember that they will producing the chips without proper testing, there is a lot of room for bad news, like high power usage, overheating issues and so on.
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