[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 98.

BombaUcigasa

legendary

Activity: 1442

Merit: 1005

Quote from: bitwhizz on September 30, 2013, 11:32:52 AM

not to mention its a full blown scam and the team apparantly all don't know each other

Fabrazzio - apparantly doesn't know who else is involved

The swede- apparantly doesn;t know who else is involved

HOward Wang - a mystery asic student genius who created a 180nm asic chip in his student lab however you won;t find one scholaryl article by him on the subject matter

The seven - doesn;t know who else is involved

and that leads to

Samuel Noi - Samuel Who?? any records for samuel Noi

then we have the extras who come into this story line

we have

allesia? could possibly be two people

a convicted 23 year old marijuana grower

and an ex con artst

I MEAN COME ONNNNN

addi

hero member

Activity: 626

Merit: 500

https://satoshibet.com

A guy that doesn't exist to cover up all the rest?

bitwhizz

legendary

Activity: 910

Merit: 1000

Quote from: Zakryze on September 30, 2013, 11:43:54 AM

Quote from: bitwhizz on September 30, 2013, 11:32:52 AM

not to mention its a full blown scam and the team apparantly all don't know each other

Fabrazzio - apparantly doesn't know who else is involved

The swede- apparantly doesn;t know who else is involved

HOward Wang - a mystery asic student genius who created a 180nm asic chip in his student lab however you won;t find one scholaryl article by him on the subject matter

The seven - doesn;t know who else is involved

and that leads to

Samuel Noi - Samuel Who?? any records for samuel Noi

then we have the extras who come into this story line

we have

allesia? could possibly be two people

a convicted 23 year old marijuana grower

and an ex con artst

I MEAN COME ONNNNN

Who is scamuel noi?

thats what we all want to know

Zakryze

sr. member

Activity: 308

Merit: 250

Quote from: bitwhizz on September 30, 2013, 11:32:52 AM

not to mention its a full blown scam and the team apparantly all don't know each other

Fabrazzio - apparantly doesn't know who else is involved

The swede- apparantly doesn;t know who else is involved

HOward Wang - a mystery asic student genius who created a 180nm asic chip in his student lab however you won;t find one scholaryl article by him on the subject matter

The seven - doesn;t know who else is involved

and that leads to

Samuel Noi - Samuel Who?? any records for samuel Noi

then we have the extras who come into this story line

we have

allesia? could possibly be two people

a convicted 23 year old marijuana grower

and an ex con artst

I MEAN COME ONNNNN

Who is scamuel noi?

bitwhizz

legendary

Activity: 910

Merit: 1000

not to mention its a full blown scam and the team apparantly all don't know each other

Fabrazzio - apparantly doesn't know who else is involved

The swede- apparantly doesn;t know who else is involved

HOward Wang - a mystery asic student genius who created a 180nm asic chip in his student lab however you won;t find one scholaryl article by him on the subject matter

The seven - doesn;t know who else is involved

and that leads to

Samuel Noi - Samuel Who?? any records for samuel Noi

then we have the extras who come into this story line

we have

allesia? could possibly be two people

a convicted 23 year old marijuana grower

and an ex con artst

I MEAN COME ONNNNN

MikeyVeez

full member

Activity: 896

Merit: 102

These high volumes are great, just means another massive sell off when prices start heading to .0015 and all the people who bought at .002 head for the door.

Rinse cycle repeat with 50-70% losses for everyone. There is absolutely no reason to buy this stock, they have no exchange after btct, and have 0 hashing and wont be adding anything anytime soon.

Not to mention peoples shares getting lost in direct share conversions.

MikeyVeez

full member

Activity: 896

Merit: 102

Quote from: ishkur on September 30, 2013, 10:59:23 AM

Quote from: MikeyVeez on September 30, 2013, 10:26:59 AM

Quote from: ishkur on September 30, 2013, 10:24:05 AM

Quote from: Puppet on September 30, 2013, 10:06:52 AM

The current price is still ridiculously high if labcoin where a pure moneygrab and run. Its still selling for 1/4 of its IPO when most investors hoped this could be Asicminer 2.0. The current price is at a point that would have been more reasonable from the start for a high risk venture that may or may not yield limited amounts of 180/130nm chips so late in the game, the price is not reasonable for a venture that would have been proven a scam.

My guess is that there is some truth to the lie and once the price has sunk further there will be another pump and dump PR push showing some stuff that should have been shown months ago, along with bold promises and vague statements about who is who. And right now, they are buying back their own stock, which is why its not 0.000001 yet.

I think you summed it up

In addition to it all we will likely see 2-5 TH within a few days backed by there PR which would cause the buying frenzy.

Then the final sell off

THEY HAVE SENT THEIR CHIPS/BOARDS OUT NOT GETTING ANYTHING BACK UNTIL OCTOBER 15TH

DO YOU HONESTLY BELIEVE THEM IN SAYING THEY SENT EVERYTHING OUT AND THAT THEY ARE GETTING THEM BACK OCTOBER 15TH!?!?!

No that's why you won't see any TH anytime soon.

TMAN

legendary

Activity: 1414

Merit: 1808

Exchange Bitcoin quickly-https://blockchain.com.do

Quote from: moribana on September 30, 2013, 11:11:25 AM

Quote from: minerpart on September 30, 2013, 11:00:37 AM

Quote from: moribana on September 30, 2013, 10:51:00 AM

Someone is buying from those who are selling. There have been and there still are big orders on the bid side at ridiculously high prices.

Fair post but 'no buyers' means there is no buying pressure. Those buying from the sellers right now are are buying into a lower and lower market and loosing money each time they buy and price goes even lower. There is no demand for the stock and prices are falling = 'no one is buying'.

As for the big Bids they can be withdrawn at any time they are not a reliable sign of demand and no one knows how many sellers will come onto the market when price hits those lows - so there is no guarantee that one of these walls will hold.

You are right, there is no buying pressure Lips sealed

. And you can really see big bid orders disappear. But still several bid orders of 10-50k have been filled at above 0.0002. I just find it strange that there are people buying this much at this point and at these prices.

its simple - Risk/Reward & your attitude to risk. if this thing works & they turn it round - 100 X returns are possible from here. i'm not telling people to buy, but I am buying as I can afford to lose the principle & the risk works for me, it wont to all.

ronaldlee0917

full member

Activity: 238

Merit: 100

00:11 (B) 15 @ 0.00021690 LABCOIN
00:11 (B) 15 @ 0.00021600 LABCOIN
00:11 (B) 1 @ 0.00020900 LABCOIN
00:11 (B) 1 @ 0.00020800 LABCOIN

We still have intense buying pressure here.

moribana

full member

Activity: 167

Merit: 100

Quote from: minerpart on September 30, 2013, 11:00:37 AM

Quote from: moribana on September 30, 2013, 10:51:00 AM

Someone is buying from those who are selling. There have been and there still are big orders on the bid side at ridiculously high prices.

Fair post but 'no buyers' means there is no buying pressure. Those buying from the sellers right now are are buying into a lower and lower market and loosing money each time they buy and price goes even lower. There is no demand for the stock and prices are falling = 'no one is buying'.

As for the big Bids they can be withdrawn at any time they are not a reliable sign of demand and no one knows how many sellers will come onto the market when price hits those lows - so there is no guarantee that one of these walls will hold.

You are right, there is no buying pressure Lips sealed

. And you can really see big bid orders disappear. But still several bid orders of 10-50k have been filled at above 0.0002. I just find it strange that there are people buying this much at this point and at these prices.

bitwhizz

legendary

Activity: 910

Merit: 1000

Quote from: onecent on September 30, 2013, 11:06:52 AM

Quote from: bobboooiie on September 30, 2013, 10:53:44 AM

I Had a pretty big bid wall at 00015 but had to cancel it, this is just getting ridiculous how they are handling things. And even if this is not scam they will run this thing into the ground anyway with shit like this.

They don't know how to run a business and overestimate their capability, when facing overwhelming problems they are not willing ask for help and not willing to admit it. That really sucks

They don;t know how to run a business as thye are not business men neither do they care about labcoin, they are con artists who only care about ripping off as much as bitcoins as possible off us

onecent

full member

Activity: 187

Merit: 100

Quote from: bobboooiie on September 30, 2013, 10:53:44 AM

I Had a pretty big bid wall at 00015 but had to cancel it, this is just getting ridiculous how they are handling things. And even if this is not scam they will run this thing into the ground anyway with shit like this.

They don't know how to run a business and overestimate their capability, when facing overwhelming problems they are not willing ask for help and not willing to admit it. That really sucks

bitwhizz

legendary

Activity: 910

Merit: 1000

Quote from: ronaldlee0917 on September 30, 2013, 11:03:10 AM

User Labcoin is offline at bitcointalk.org, last seen 21 hours, 43 minutes ago

Any chance he will log into this account again???

doubt it, the jig is up, they have been exposed, their history dug up, labcoin is mincemeat

ronaldlee0917

full member

Activity: 238

Merit: 100

User Labcoin is offline at bitcointalk.org, last seen 21 hours, 43 minutes ago

Any chance he will log into this account again???

KS

sr. member

Activity: 448

Merit: 250

Quote from: MikeyVeez on September 30, 2013, 10:18:53 AM

Quote from: KS on September 30, 2013, 10:16:21 AM

Quote from: minerpart on September 30, 2013, 10:14:31 AM

Quote from: Puppet on September 30, 2013, 10:06:52 AM

And right now, they are buying back their own stock, which is why its not 0.000001 yet.

No one is buying! Look at the order book.

They have sold 1Mill of what they were not supposed to already and are probablly onto the other 2Mill by now. They are selling in small batches to maximise take home pay. Right now they have about 400btc worth of LC they are trying to dump. There are not enough buyers and price is plummeting so they might only make 150btc on selling it all. That is still worth fighting for, 150btc in a few years will be a small fortune.

This is worth doing a Q&A for...

Q&A doesnt matter anymore, they missed another deadline who cares about a q&a we know their answers already anyway. Chips are gone until October 15th and will probably be delayed until november the end.

It does when you're buying shares low, under the radar, and trying to sell them high for another potential 15% profit (on 7000BTC).

minerpart

sr. member

Activity: 280

Merit: 250

IIIIII====II====IIIIII

Quote from: moribana on September 30, 2013, 10:51:00 AM

Someone is buying from those who are selling. There have been and there still are big orders on the bid side at ridiculously high prices.

Fair post but 'no buyers' means there is no buying pressure. Those buying from the sellers right now are are buying into a lower and lower market and loosing money each time they buy and price goes even lower. There is no demand for the stock and prices are falling = 'no one is buying'.

As for the big Bids they can be withdrawn at any time they are not a reliable sign of demand and no one knows how many sellers will come onto the market when price hits those lows - so there is no guarantee that one of these walls will hold.

ishkur

full member

Activity: 219

Merit: 100

Quote from: MikeyVeez on September 30, 2013, 10:26:59 AM

Quote from: ishkur on September 30, 2013, 10:24:05 AM

Quote from: Puppet on September 30, 2013, 10:06:52 AM

The current price is still ridiculously high if labcoin where a pure moneygrab and run. Its still selling for 1/4 of its IPO when most investors hoped this could be Asicminer 2.0. The current price is at a point that would have been more reasonable from the start for a high risk venture that may or may not yield limited amounts of 180/130nm chips so late in the game, the price is not reasonable for a venture that would have been proven a scam.

My guess is that there is some truth to the lie and once the price has sunk further there will be another pump and dump PR push showing some stuff that should have been shown months ago, along with bold promises and vague statements about who is who. And right now, they are buying back their own stock, which is why its not 0.000001 yet.

I think you summed it up

In addition to it all we will likely see 2-5 TH within a few days backed by there PR which would cause the buying frenzy.

Then the final sell off

THEY HAVE SENT THEIR CHIPS/BOARDS OUT NOT GETTING ANYTHING BACK UNTIL OCTOBER 15TH

DO YOU HONESTLY BELIEVE THEM IN SAYING THEY SENT EVERYTHING OUT AND THAT THEY ARE GETTING THEM BACK OCTOBER 15TH!?!?!

zefyr0s

sr. member

Activity: 245

Merit: 250

Quote from: JohnyBigs on September 30, 2013, 10:33:19 AM

1. LabCoin has 0GH/sec right now, their payments of .05 have stopped.
2. They don't have chips/boards and won't be getting them fixed by at least October 15th
3. Sam didn't do a QA, missed another deadline
4. There is no Team, besides Sam
5. Before BTCT shutdown price is going to go below .00001

MAKE SURE YOU BUY MORE SHARES! SO YOU CAN LOSE 50% EVERY DAY

This is the funniest post on the thread.

bobboooiie

hero member

Activity: 656

Merit: 500

I Had a pretty big bid wall at 00015 but had to cancel it, this is just getting ridiculous how they are handling things. And even if this is not scam they will run this thing into the ground anyway with shit like this.

moribana

full member

Activity: 167

Merit: 100

Quote from: minerpart on September 30, 2013, 10:14:31 AM

Quote from: Puppet on September 30, 2013, 10:06:52 AM

And right now, they are buying back their own stock, which is why its not 0.000001 yet.

No one is buying! Look at the order book.

They have sold 1Mill of what they were not supposed to already and are probablly onto the other 2Mill by now. They are selling in small batches to maximise take home pay. Right now they have about 400btc worth of LC they are trying to dump. There are not enough buyers and price is plummeting so they might only make 150btc on selling it all. That is still worth fighting for, 150btc in a few years will be a small fortune.

Someone is buying from those who are selling. There have been and there still are big orders on the bid side at ridiculously high prices.

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 98. (Read 1079974 times)