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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 772. (Read 1079974 times)

hero member
Activity: 588
Merit: 500
The sky is made of Styrofoam and I shit lollypops.

That's really terrific news! So lucky! What flavor?
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
I so very much wish some others would follow your spirit... *raising head to Yifu*
full member
Activity: 182
Merit: 100
I'll translate for everyone else.

You guys have till Sunday night to purchase shares at or around current levels.  Monday we expect a small rally pushing the price upward to .003.

Have a nice weekend.


If the update next week is "We did the first run, the chips work", then I highly doubt .003 is gonna cut it.
0.0045+

1.0+!!
sr. member
Activity: 266
Merit: 250
TLDR; Updating just for the sake of updating to avoid 'They ran away to Andorra with all our Bitcoin, Sell Sell' posts..  Tongue
nothing new to report, but I have learned that just showing up is sometimes a good thing.

Indeed, lessons well learned  Wink
Communication is key!
sr. member
Activity: 350
Merit: 250
MINI UPDATE:

Just wanted to show up and say a few things:

- Website is not new version yet and a lot of the information is wildly inaccurate. Do not go by stated information regarding project on website. New version will be pushed soon
- No 'UPDATE' will come before early next week when I am expecting technical update on first run etc.
- So far, so good.
- I hope everyone is having a good week!

Cheers!

TLDR; Updating just for the sake of updating to avoid 'They ran away to Andorra with all our Bitcoin, Sell Sell' posts..  Tongue
nothing new to report, but I have learned that just showing up is sometimes a good thing.

Thanks for the update. Just showing up does help calm the crowd here. =P
legendary
Activity: 1498
Merit: 1000
I'll translate for everyone else.

You guys have till Sunday night to purchase shares at or around current levels.  Monday we expect a small rally pushing the price upward to .003.

Have a nice weekend.


If the update next week is "We did the first run, the chips work", then I highly doubt .003 is gonna cut it.
0.0045+
sr. member
Activity: 392
Merit: 250
I'll translate for everyone else.

You guys have till Sunday night to purchase shares at or around current levels.  Monday we expect a small rally pushing the price upward to .003.

Have a nice weekend.


If the update next week is "We did the first run, the chips work", then I highly doubt .003 is gonna cut it.
sr. member
Activity: 420
Merit: 250
MINI UPDATE:

Just wanted to show up and say a few things:

- Website is not new version yet and a lot of the information is wildly inaccurate. Do not go by stated information regarding project on website. New version will be pushed soon
- No 'UPDATE' will come before early next week when I am expecting technical update on first run etc.
- So far, so good.
- I hope everyone is having a good week!

Cheers!

TLDR; Updating just for the sake of updating to avoid 'They ran away to Andorra with all our Bitcoin, Sell Sell' posts..  Tongue
nothing new to report, but I have learned that just showing up is sometimes a good thing.

Have they received the first run to begin their testing?
sr. member
Activity: 392
Merit: 250
Yes, good news and progress pushes a share price down.  Who would have ever thought! The sky is made of Styrofoam and I shit lollypops.
sr. member
Activity: 302
Merit: 250
MINI UPDATE:

Just wanted to show up and say a few things:

- Website is not new version yet and a lot of the information is wildly inaccurate. Do not go by stated information regarding project on website. New version will be pushed soon
- No 'UPDATE' will come before early next week when I am expecting technical update on first run etc.
- So far, so good.
- I hope everyone is having a good week!

Cheers!

TLDR; Updating just for the sake of updating to avoid 'They ran away to Andorra with all our Bitcoin, Sell Sell' posts..  Tongue

I'll translate for everyone else.

You guys have till Sunday night to purchase shares at or around current levels.  Monday we expect a small rally pushing the price upward to .003.

Have a nice weekend.




Optimism. This could easily read:

You guys have till Sunday night to sell shares at or around current levels.  Monday we expect a small sell off pushing the price downward to .002.

Have a nice weekend.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
MINI UPDATE:

Just wanted to show up and say a few things:

- Website is not new version yet and a lot of the information is wildly inaccurate. Do not go by stated information regarding project on website. New version will be pushed soon
- No 'UPDATE' will come before early next week when I am expecting technical update on first run etc.
- So far, so good.
- I hope everyone is having a good week!

Cheers!

TLDR; Updating just for the sake of updating to avoid 'They ran away to Andorra with all our Bitcoin, Sell Sell' posts..  Tongue

I'll translate for everyone else.

You guys have till Sunday night to purchase shares at or around current levels.  Monday we expect a small rally pushing the price upward to .003.

Have a nice weekend.


sr. member
Activity: 266
Merit: 250
full member
Activity: 224
Merit: 100
MINI UPDATE:

Just wanted to show up and say a few things:

- Website is not new version yet and a lot of the information is wildly inaccurate. Do not go by stated information regarding project on website. New version will be pushed soon
- No 'UPDATE' will come before early next week when I am expecting technical update on first run etc.
- So far, so good.
- I hope everyone is having a good week!

Cheers!

TLDR; Updating just for the sake of updating to avoid 'They ran away to Andorra with all our Bitcoin, Sell Sell' posts..  Tongue
nothing new to report, but I have learned that just showing up is sometimes a good thing.
sr. member
Activity: 392
Merit: 250
What do you think its going to do to the stock price if it turns out their chips is only capable of 20% or 10% of claimed performance.. In other words delivering a chip that just slightly edges what others took to market 6 months ago?
It should still go up then. The price is still way too low even if they get underperforming chips.
That's my opinion at least.
sr. member
Activity: 266
Merit: 250
As you can read on the website.. They started september/oktober 2012 ...
6 months? Well i think they also had the 6 months..


Huh, why does it matter when they started their work if they still haven’t delivered anything yet?  Huh
They started with a 180nm chip which they recently switched to 130nm.. In my post above I was referring to Avalon and ASICMiner who has delivered a ton of 110nm/130nm chips the last 6 months.

Aah; misunderstood you..
member
Activity: 66
Merit: 10
As you can read on the website.. They started september/oktober 2012 ...
6 months? Well i think they also had the 6 months..


Huh, why does it matter when they started their work if they still haven’t delivered anything yet?  Huh
They started with a 180nm chip which they recently switched to 130nm.. In my post above I was referring to Avalon and ASICMiner who has delivered a ton of 110nm/130nm chips the last 6 months.
sr. member
Activity: 420
Merit: 250
We are heading down to 0.0016-0.0018 per share. Actual price is a little overrated.

The price is considerably underrated in my opinion.  This company is very close to a working operation. 

People selling now puzzle me. Where do you think the price is going?  Where it was last week? There's no logical reason for that.



Labcoin is still a HUGE gamble... Yes, they will most likely receive their first test run chips shortly and at that time we will see if they will be able to achieve their claimed 10x performance advantage to everyone else that has made 130nm/110nm chips. If they do, the chip will be 2x faster compared to BitFury's 55nm chip (!), even as Labcoin has refered to their IC design to be based on same ideas at BitFury's.. (developer used to work with some of the guys from Labcoin team)

What do you think its going to do to the stock price if it turns out their chips is only capable of 20% or 10% of claimed performance.. In other words delivering a chip that just slightly edges what others took to market 6 months ago?

No one ever went broke taking profits.


Of course there's risk, or the price would be much, much higher.

I just think the market is overpricing the risk by a considerable margin.


sr. member
Activity: 266
Merit: 250
As you can read on the website.. They started september/oktober 2012 ...
6 months? Well i think they also had the 6 months..
member
Activity: 66
Merit: 10
We are heading down to 0.0016-0.0018 per share. Actual price is a little overrated.

The price is considerably underrated in my opinion.  This company is very close to a working operation. 

People selling now puzzle me. Where do you think the price is going?  Where it was last week? There's no logical reason for that.



Labcoin is still a HUGE gamble... Yes, they will most likely receive their first test run chips shortly and at that time we will see if they will be able to achieve their claimed 10x performance advantage to everyone else that has made 130nm/110nm chips. If they do, the chip will be 2x faster compared to BitFury's 55nm chip (!), even as Labcoin has refered to their IC design to be based on same ideas at BitFury's.. (developer used to work with some of the guys from Labcoin team)

What do you think its going to do to the stock price if it turns out their chips is only capable of 20% or 10% of claimed performance.. In other words delivering a chip that just slightly edges what others took to market 6 months ago?

No one ever went broke taking profits.
legendary
Activity: 1386
Merit: 1000
We are heading down to 0.0016-0.0018 per share. Actual price is a little overrated.

The price is considerably underrated in my opinion.  This company is very close to a working operation. 

People selling now puzzle me. Where do you think the price is going?  Where it was last week? There's no logical reason for that.



It seems that speculators and investors in labcoin have an extremely short attention span. It may be the sheer quantity of shares put there, but I'm not sure.

I expect the price to drift off a bit until the big loves start coming in early Sep. And everyone will lose their minds if LC doesn't issue a div in early Sep; THAT will be the time to get cheap shares.

Actually, of late I've been thinking BTC-TC has outgrown its user base.  The recent ipos have put more shares than the current crop of investors can handle. If you watch the live view, you can see money sloshing from one stock to another, chasing short term trend.

If there were more investors that wouldn't matter, the slack would be taken up. But I think they've outstripped the base for the moment.


I'd have to agree - 7000BTC is a lot to throw at this market. At least BTCGarden is out - I think that would have depressed prices on BTC-TC for quite a while.
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