[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 837.

yxxyun

member

Activity: 99

Merit: 10

Quote from: Ytterbium on August 02, 2013, 11:43:39 AM

Quote from: weex on August 02, 2013, 11:36:55 AM

Look at the volume. Look at the price. I don't think they can have sold much if any. If they wanted more money, a larger IPO would have been a much better way to do what you're concerned about.

Yes, also remember they had the option of simply filling all the buy orders that had been placed, they would have sold their shares at around 2x the price, if not more as people bid up crazy amounts to get in the IPO.

The people who are upset are the ones who didn't get shares.

Quote from: kokojie on August 02, 2013, 11:43:36 AM

BFL also looked most promising, professional and very good communication/forum presence, which brought in a LOT of money. But it's the Chinese companies that deliver.

Are you saying you don't think Labcoin is Chinese?

thx ,I'm the first one to place bid when labcoin got 5 vote. finally i just got 5k shares. i'm thinking whether keep holding the share when the founder are selling their share

superduh

hero member

Activity: 602

Merit: 500

FYI, chinese companies have averaged negative returns for foreign investors over the last 20+ years
yes, this means exactly that. on average foreign investors have lost money investing into chinese companies (after ipos)

as to who is better labcoin or btcgarden - who KNOWS- noone at the moment. btc garden values itself 6x more than labcoin and the question is are the chances of them delivering and being a better company 6x higher?

Burnside - you should get CONFIRMATIONS from foundries saying that they have contracts or are manufacturing for said companies to confirm at least some legitimacy from mining companies

back to the regular programing

reactor

sr. member

Activity: 420

Merit: 250

Quote from: ajk on August 02, 2013, 11:34:14 AM

Quote from: weex on August 02, 2013, 11:32:11 AM

Quote from: ajk on August 02, 2013, 11:21:33 AM

I will invest a couple 100 BTC for a quick flip

The market is not liquid enough to make a quick flip of 200+ btc. Maybe if it goes up 4-5x you can do this but any less and it'll be mostly you.

This statement was about BTCGarden, there are currently 800K shares left from the IPO wall and was saying that I will purchase a couple 100 BTC worth from this wall if it goes low enough,

Funny, I could not get a single buy to go through for BTCGarden so I just stopped trying. Cheesy

ajk

donator

Activity: 447

Merit: 250

Quote from: ajk on August 02, 2013, 10:31:56 AM

also Why BTCgarden? Because they are chinese? they are asking for so much money it seems a bit ridiculous to me but ill probably put in a couple 100BTC incase it does make some movement,

Quote from: kokojie on August 02, 2013, 11:43:36 AM

Quote from: LordMeowMeow on August 02, 2013, 11:34:57 AM

People bashing Labcoin have a right to their opinion of course but IMO, despite the launch which was a bit messy and not their fault, they have been the most communicative and professional out of all the recent IPOs. They have also been realistic with their goals and are not over promising. These are all good signs.

BFL also looked most promising, professional and very good communication/forum presence, which brought in a LOT of money. But it's the Chinese companies that deliver.

BAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAH LOLOLOL

wow this just made my day as sad as that is

Ytterbium

full member

Activity: 238

Merit: 100

Quote from: weex on August 02, 2013, 11:36:55 AM

Look at the volume. Look at the price. I don't think they can have sold much if any. If they wanted more money, a larger IPO would have been a much better way to do what you're concerned about.

Yes, also remember they had the option of simply filling all the buy orders that had been placed, they would have sold their shares at around 2x the price, if not more as people bid up crazy amounts to get in the IPO.

The people who are upset are the ones who didn't get shares.

Quote from: kokojie on August 02, 2013, 11:43:36 AM

BFL also looked most promising, professional and very good communication/forum presence, which brought in a LOT of money. But it's the Chinese companies that deliver.

Are you saying you don't think Labcoin is Chinese?

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: LordMeowMeow on August 02, 2013, 11:34:57 AM

People bashing Labcoin have a right to their opinion of course but IMO, despite the launch which was a bit messy and not their fault, they have been the most communicative and professional out of all the recent IPOs. They have also been realistic with their goals and are not over promising. These are all good signs.

BFL also looked most promising, professional and very good communication/forum presence, which brought in a LOT of money. But it's the Chinese companies that deliver.

weex

legendary

Activity: 1102

Merit: 1014

Quote from: yxxyun on August 02, 2013, 11:34:26 AM

Quote from: Ytterbium on August 02, 2013, 11:29:41 AM

If you think the speculators and quick-flippers will sell all their stocks at 2x before the BTCGarden IPO then feel free to sell now. It'll just mean more cheap shares for me to buy to increase my stake.

Quote from: yxxyun on August 02, 2013, 11:24:43 AM

Quote from: ajk on August 02, 2013, 11:17:23 AM

Quote from: yxxyun on August 02, 2013, 11:16:20 AM

for btc garden, the rest 6M shares are hold privately and not release in two years, and the share dilution have limit.
but lAB coin they are selling the 3M shares which they should hold

This is speculation we have no idea and you are making an assumption.

lab coin should make clarify about this.

How can labcoin clarify what's going on with BTCGarden?

lab coin should clarify the 3M share , are they holding or sold?

Look at the volume. Look at the price. I don't think they can have sold much if any. If they wanted more money, a larger IPO would have been a much better way to do what you're concerned about.

LordMeowMeow

sr. member

Activity: 617

Merit: 250

People bashing Labcoin have a right to their opinion of course but IMO, despite the launch which was a bit messy and not their fault, they have been the most communicative and professional out of all the recent IPOs. They have also been realistic with their goals and are not over promising. These are all good signs.

yxxyun

member

Activity: 99

Merit: 10

Quote from: Ytterbium on August 02, 2013, 11:29:41 AM

If you think the speculators and quick-flippers will sell all their stocks at 2x before the BTCGarden IPO then feel free to sell now. It'll just mean more cheap shares for me to buy to increase my stake.

Quote from: yxxyun on August 02, 2013, 11:24:43 AM

Quote from: ajk on August 02, 2013, 11:17:23 AM

Quote from: yxxyun on August 02, 2013, 11:16:20 AM

for btc garden, the rest 6M shares are hold privately and not release in two years, and the share dilution have limit.
but lAB coin they are selling the 3M shares which they should hold

This is speculation we have no idea and you are making an assumption.

lab coin should make clarify about this.

How can labcoin clarify what's going on with BTCGarden?

lab coin should clarify the 3M share , are they holding or sold?

ajk

donator

Activity: 447

Merit: 250

Quote from: weex on August 02, 2013, 11:32:11 AM

Quote from: ajk on August 02, 2013, 11:21:33 AM

I will invest a couple 100 BTC for a quick flip

The market is not liquid enough to make a quick flip of 200+ btc. Maybe if it goes up 4-5x you can do this but any less and it'll be mostly you.

This statement was about BTCGarden, there are currently 800K shares left from the IPO wall and was saying that I will purchase a couple 100 BTC worth from this wall if it goes low enough,

weex

legendary

Activity: 1102

Merit: 1014

Quote from: ajk on August 02, 2013, 11:21:33 AM

I will invest a couple 100 BTC for a quick flip

The market is not liquid enough to make a quick flip of 200+ btc. Maybe if it goes up 4-5x you can do this but any less and it'll be mostly you.

Ytterbium

full member

Activity: 238

Merit: 100

If you think the speculators and quick-flippers will sell all their stocks at 2x before the BTCGarden IPO then feel free to sell now. It'll just mean more cheap shares for me to buy to increase my stake.

Quote from: yxxyun on August 02, 2013, 11:24:43 AM

Quote from: ajk on August 02, 2013, 11:17:23 AM

Quote from: yxxyun on August 02, 2013, 11:16:20 AM

for btc garden, the rest 6M shares are hold privately and not release in two years, and the share dilution have limit.
but lAB coin they are selling the 3M shares which they should hold

This is speculation we have no idea and you are making an assumption.

lab coin should make clarify about this.

How can labcoin clarify what's going on with BTCGarden?

yxxyun

member

Activity: 99

Merit: 10

Quote from: ajk on August 02, 2013, 11:17:23 AM

Quote from: yxxyun on August 02, 2013, 11:16:20 AM

for btc garden, the rest 6M shares are hold privately and not release in two years, and the share dilution have limit.
but lAB coin they are selling the 3M shares which they should hold

This is speculation we have no idea and you are making an assumption.

lab coin should make clarify about this.

ajk

donator

Activity: 447

Merit: 250

Quote from: kokojie on August 02, 2013, 11:20:22 AM

Quote from: ajk on August 02, 2013, 11:14:02 AM

Here you go you persistent little pissant

https://bitcointalksearch.org/topic/eyes-to-the-horizon-a-bitcoin-asic-project-will-be-announced-in-june-213172

Notice the date of the original post? May 22nd ?

So, what delays? August or September as best case scenario is what he originally promised on May 22nd?

Im not going to answer anymore I said I did my own independent research and made my own decision, if the shares go low enough I will invest a couple 100 BTC for a quick flip

I am not your financial adviser or broker do your own research

ajk

donator

Activity: 447

Merit: 250

Quote from: Exocyst on August 02, 2013, 11:12:49 AM

I was responding to your sentiment rather than to you particularly, so I apologize. I suppose we agree on the need to hedge in this moment. I dumped it earlier, but I do plan on buying in later (~0.00135).

The problem as I see it is the valuation:
The issuers have invested their own time, money, blood, sweat, and tears and rewarded themselves with a modest 30% stake in return. At current trading value of double the IPO, investors are placing a higher value on the issuer's time, money, etc... then the issuers themselves did at IPO.

The value of the company is whatever the market decides, you can factor in everything you want but if its the hot topic money will flow in its direction whether the valuation is high Currently perhaps but when they have product or start mining the valuation is increased and probably why people are buying at these levels,

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: ajk on August 02, 2013, 11:14:02 AM

Here you go you persistent little pissant

https://bitcointalksearch.org/topic/eyes-to-the-horizon-a-bitcoin-asic-project-will-be-announced-in-june-213172

Notice the date of the original post? May 22nd ?

So, what delays? August or September as best case scenario is what he originally promised on May 22nd?

ajk

donator

Activity: 447

Merit: 250

Quote from: yxxyun on August 02, 2013, 11:16:20 AM

for btc garden, the rest 6M shares are hold privately and not release in two years, and the share dilution have limit.
but lAB coin they are selling the 3M shares which they should hold

This is speculation we have no idea and you are making an assumption.

yxxyun

member

Activity: 99

Merit: 10

for btc garden, the rest 6M shares are hold privately and not release in two years, and the share dilution have limit.
but lAB coin they are selling the 3M shares which they should hold

ajk

donator

Activity: 447

Merit: 250

Here you go you persistent little pissant

https://bitcointalksearch.org/topic/eyes-to-the-horizon-a-bitcoin-asic-project-will-be-announced-in-june-213172

Notice the date of the original post? May 22nd ?

Exocyst

sr. member

Activity: 266

Merit: 250

Science!

Quote from: ajk on August 02, 2013, 11:03:26 AM

Exo
I was not even talking to you nor am I "Closing my eyes?"

I was responding to your sentiment rather than to you particularly, so I apologize. I suppose we agree on the need to hedge in this moment. I dumped it earlier, but I do plan on buying in later (~0.00135).

The problem as I see it is the valuation:
The issuers have invested their own time, money, blood, sweat, and tears and rewarded themselves with a modest 30% stake in return. At current trading value of double the IPO, investors are placing a higher value on the issuer's time, money, etc... then the issuers themselves did at IPO.

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 837. (Read 1079974 times)