The price on this will run higher than what people are expecting... it's just so cheap to begin with. Even if people sell at .002 it's cheap. This is even more of a speculators dream than active mining.
Topic: LABCOIN Speculation Thread (Read 10142 times)
he's online. and feeling chatty apparently.
i figured this was a closed issue. watching this intently.
Green
edit: redditsphere is aware. dimly.
http://www.reddit.com/r/BitcoinStocks/comments/1obg9j/sam_noi_finally_emerges_labcoin_announces_planned/
i figured this was a closed issue. watching this intently.
Green
edit: redditsphere is aware. dimly.
http://www.reddit.com/r/BitcoinStocks/comments/1obg9j/sam_noi_finally_emerges_labcoin_announces_planned/
are taking steps to track down Samuel Noi (or/and Fabrizio & Alissia) in case communication is not reestablished.
This fabrizio?http://cn.linkedin.com/in/fabriziotatti
https://www.facebook.com/fabrizio.tatti
Yup
are taking steps to track down Samuel Noi (or/and Fabrizio & Alissia) in case communication is not reestablished.
This fabrizio?http://cn.linkedin.com/in/fabriziotatti
https://www.facebook.com/fabrizio.tatti
more shabby investors will probably take the law in their own hands. What is certain is that many angry people will track them down.
Yeah, just like with pirate40.So... was it a scam, or just incompetence?
Or is it still unclear?
Or is it still unclear?
If it's not a scam, it is very badly managed with he worst communication skills in BTC securities history.
There is a group on IRC made of around 16 shareholders [LCSH] who are taking steps to track down Samuel Noi (or/and Fabrizio & Alissia) in case communication is not reestablished.
In the last QA, "Sam" said they would have the remaining chips up and hashing by the 15th:
[16:04] <+labcoin__> (...) At this point the project won't fail, we will be receiving the complete hardware before 15 October.
That was on the SEP 30TH, 2013 (ref: http://pastebin.com/RSa1JPvM)
If this deadline is not met, then it's most probably a scam. Some will take the legal avenue, while more shabby investors will probably take the law in their own hands. What is certain is that many angry people will track them down.
So... was it a scam, or just incompetence?
Or is it still unclear?
Or is it still unclear?
quick sumarry, for those short on time
shareprice doubles on these revelations
- 'sam' due for update, does not show up, again
- spokesperson demonstrates they've lied about having about previous hash-rate, and instead shows equivalent of 2x bitfury
- Labcoin still refuse to co-operate with owner of exchange (over 1 month they have ignored.)
shareprice doubles on these revelations
Again, here is an information extract from last dozens of Labcoin main thread's pages:
New updates from TheSwede75:
I am in contact with burnside regarding resolving this ASAP. Since the team has separate accounts with BTCT.CO we are trying to find a smart solution to locking a certain amount (75%) of founder shares across several accounts.
I can only reiterate that the same statement as issued is still true and 75% of founder shares are, and will be held for 12 months from the date of the announcement.
Wise from my mistakes I am not giving a deadline, but I hope and think that we can resolve this "warning" very soon.
burnside have changed the wording of the warning at btct:
You are correct and I agree 100%.
The exchange does not know the facts behind the situation and made a public statement.
Statements should be coming from LabCoin.
-Ukyo
The statement the exchange made was 100% factual. Though it could have been worded differently, the warning needed to be made. Attempts at communication prior to the issuance of the warning had not been successful.
I have updated the warning.
For those that are curious about what we are currently trying to figure out, it's this clause:
We have asked for verification of the withholding of 30% of the shares.
Some other users have pointed out, correctly, that other issues have had contract violations. This is true, but I should point out a couple of things. First, the ability to put notices on individual assets is a relatively new feature in the site code. Second, we've also recently placed warnings on other issues elsewhere and we have documented these. Third, we can only place warnings where we are aware of the contractual issues. That is to say that we have to get notice from people familiar with the particular issue and then look into it ourselves.
We'll refine and improve on the process as we have done with most things.
Cheers.
New updates from TheSwede75:
UPDATE:
As usual by now I am very sorry for the lack of updates. I do however at this time have an update for actual hashing.
Though the launch of the mining operation has been delayed and the team is still tweaking miners we now have around 800gh hashing at btcguild at:
http://www.btcguild.com/index.php?page=rankings§ion=teams
The Labcoin team is currently listed as 24 Labcoin.
According to Sam, more hash rate will be deployed daily. I do not have any goals or hash rate estimates to communicate right now but as soon as I do, I will of course communicate this.
I hope that I can provide more timely updates on a lot of open questions shortly, and I hope everyone is having a good weekend.
As usual by now I am very sorry for the lack of updates. I do however at this time have an update for actual hashing.
Though the launch of the mining operation has been delayed and the team is still tweaking miners we now have around 800gh hashing at btcguild at:
http://www.btcguild.com/index.php?page=rankings§ion=teams
The Labcoin team is currently listed as 24 Labcoin.
According to Sam, more hash rate will be deployed daily. I do not have any goals or hash rate estimates to communicate right now but as soon as I do, I will of course communicate this.
I hope that I can provide more timely updates on a lot of open questions shortly, and I hope everyone is having a good weekend.
UPDATE:
Even though I don't like making promises but Sam has assured me that 20TH is a goal that will not be missed within 2 weeks.
I am also working on having the "warning" removed from the security as Sam assured me that the team has not to sell any significant amount of shares and the ownership is still far above the 75% that was communicated as the holding limit.
Even though I don't like making promises but Sam has assured me that 20TH is a goal that will not be missed within 2 weeks.
I am also working on having the "warning" removed from the security as Sam assured me that the team has not to sell any significant amount of shares and the ownership is still far above the 75% that was communicated as the holding limit.
I don't think the locked shares thing is a big deal, but that warning needs to be cleared up ASAP.
I am in contact with burnside regarding resolving this ASAP. Since the team has separate accounts with BTCT.CO we are trying to find a smart solution to locking a certain amount (75%) of founder shares across several accounts.
I can only reiterate that the same statement as issued is still true and 75% of founder shares are, and will be held for 12 months from the date of the announcement.
Wise from my mistakes I am not giving a deadline, but I hope and think that we can resolve this "warning" very soon.
burnside have changed the wording of the warning at btct:
The day before Lehman Bros collapsed the CEO told investors in a conference call that the company was in no danger of insolvency. He knew exactly what was happening.
His defense was that if he had told investors the true state of the company that it would have immediately collapsed due to share selling.
His defense was that if he had told investors the true state of the company that it would have immediately collapsed due to share selling.
You are correct and I agree 100%.
The exchange does not know the facts behind the situation and made a public statement.
Statements should be coming from LabCoin.
-Ukyo
The statement the exchange made was 100% factual. Though it could have been worded differently, the warning needed to be made. Attempts at communication prior to the issuance of the warning had not been successful.
I have updated the warning.
For those that are curious about what we are currently trying to figure out, it's this clause:
Quote
General shareholder contract and IPO information
Labcoin.com aims to raise 7.000 Bitcoin (BTC) through the issue of 7.000.000 shares in the IPO. The shares will be issued at a price of 0.001 BTC per share. The total amount of shares in labcoin.com will be 10.000.000 shares, with labcoin employees, representatives and owners will hold 30% of outstanding shares.
Labcoin.com aims to raise 7.000 Bitcoin (BTC) through the issue of 7.000.000 shares in the IPO. The shares will be issued at a price of 0.001 BTC per share. The total amount of shares in labcoin.com will be 10.000.000 shares, with labcoin employees, representatives and owners will hold 30% of outstanding shares.
We have asked for verification of the withholding of 30% of the shares.
Some other users have pointed out, correctly, that other issues have had contract violations. This is true, but I should point out a couple of things. First, the ability to put notices on individual assets is a relatively new feature in the site code. Second, we've also recently placed warnings on other issues elsewhere and we have documented these. Third, we can only place warnings where we are aware of the contractual issues. That is to say that we have to get notice from people familiar with the particular issue and then look into it ourselves.
We'll refine and improve on the process as we have done with most things.
Cheers.
This thread is weird acts more like an information thread than the main thread ever does
I quoted velacreation's list partly because some readers may have blocked him. I didn't reviewed the troll list, but I remember some of the names posting extreme amount of posts (i.e. velacreations had 10 posts on 2 consecutive pages). Also I can't recall you (pankkake) spamming.
I just quoted the posts that seemed interesting to me for other readers (so they don't have to read the whole spamthread).
I just quoted the posts that seemed interesting to me for other readers (so they don't have to read the whole spamthread).
Highlights:
- dhenson compiled a list of users to ignore (users spamming Labcoin thread with FUD, false quotes...).Offering advice is admittedly pointless in this thread but if you are willing to listen...
I know it's going to be difficult, but stop reading this thread. Seriously, just stop. You have made a (in my opinion 'good') decision to invest in this company. Simply wait it out and ignore everything these guys are posting. In a month I'll either be wrong or right, but I'm betting pretty heavily that I'm right.
If you just can't stay away, at least ignore the following people. They are for the most part blatantly attempting to manipulate shareholders into selling. There might be one or two honest posters in the list that I was a bit rash in clicking the 'ignore' button. But I can honestly say not having to read their FUD has made this thread much more bearable.
Anotheranonlol
iCEBREAKER
kokojie
pankkake
velacreations
drawingthesun
wickedgoodtrader
physalis
aquarius
Vigil
camu6TMAN
limbaugh
well.attenuated
AngelSky
eve
crumbs
TECHICENINE
Stuartuk
zumzero
Zakryze - velacreations compiled a list of Labcoin promises:Actually they have been keeping their word recently posted update friday on time, posted address on wenesday, within 12 hours much earlier they signed it and hashed on Slush's pool.
If we go by their recent history they are keeping their words.
dude, seriously, don't even try that bullshit:The website will be updated this week in order to show our live hashing rateWe're mining in solo mode but live hashrate will be shown on our website next week.we will deploy the same mechanism ASICMINER uses for signing found blocks and publish them on our website.We will post board picture and more within the weekend, and as soon as we reach 10 TH of deployed hardware block labeling will be mirrored on the site with other stats like speed, etc.We promise pictures of some boards mining will be up for this weekend.We do not have 10 TH of chips out of nowhere, we said that we will setup block labeling as soon as we reach that speed, which could be on the first days of october, so in "about" two weeks, or mid october.The next update will include a mining address as well.Next proof to be posted will be mining address, clearly showing the rate of blocks creation.Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.First dividend payment is due on tuesday 17 SeptemberWe haven't failed to deliver, the fact that we aren't posting more pictures isn't proof that we are not mining. We are indeed mining but there are issues to solved before we get to labeling blocks, as we said.Dividend day was previously miscalculated, i apologize, expect the first payment on Tue 24/9 and mining address proof in less than 24 hours as promised.Of course anyone can create and sign an address, I do not expect this to do anything until the point that mining starts. - burnside put up this announcement:
They switched from slush's pool to BTC Guild.
The hashing rate of BTC Guild is 391T.
25 * 2 / 391 = 0.127 BTC, so it took more than 5 blocks for 2Th/s to get 0.7 BTC.
By checking the transaction history, however, 0.7BTC could be the income of 2 blocks. So the hashing speed is 391 * 0.7 / 25 = 11 Th/s.
Great number.
But we'd better to check more paying before we can know their actual hashing rate.
25 * 2 / 391 = 0.127 BTC, so it took more than 5 blocks for 2Th/s to get 0.7 BTC.
By checking the transaction history, however, 0.7BTC could be the income of 2 blocks. So the hashing speed is 391 * 0.7 / 25 = 11 Th/s.
Great number.
But we'd better to check more paying before we can know their actual hashing rate.
Relevant posts:
Latest posts of TheSwede75: https://bitcointalksearch.org/user/theswede75-90389
Latest posts of user labcoin: https://bitcointalksearch.org/user/labcoin-120219
UPDATE:
Just got off talking to Sam. The miners are running and the team is working on the pool mining integration, this should all be done in 'a few hours' (less then 12, more likely less then that but I have advised against setting a specific hour/time as this just leads to frustration if missed) and users will be able to view the mined coins through pool and this address:
https://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm
I have asked Sam to sign the address so that it can be proven without a doubt that Labcoin is indeed the entity mining.
According to Sam the initial hash rate will be 'a few' TH and will be scaled up in the coming days as more miners come online.
TLDR; Pool mining is being integrated and will be running in the next few hours (less than 12). Address provided above will be used for mining and will be signed as proof. Initial mining will be 'a few' TH and scaled up in the coming days.
Just got off talking to Sam. The miners are running and the team is working on the pool mining integration, this should all be done in 'a few hours' (less then 12, more likely less then that but I have advised against setting a specific hour/time as this just leads to frustration if missed) and users will be able to view the mined coins through pool and this address:
https://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm
I have asked Sam to sign the address so that it can be proven without a doubt that Labcoin is indeed the entity mining.
According to Sam the initial hash rate will be 'a few' TH and will be scaled up in the coming days as more miners come online.
TLDR; Pool mining is being integrated and will be running in the next few hours (less than 12). Address provided above will be used for mining and will be signed as proof. Initial mining will be 'a few' TH and scaled up in the coming days.
Update:
Just a small update with the address signed so that there is less confusion and fud when pool mining is running.
Message: Labcoin mining address
Signature: HJRjzVPG3CC5OjInesByNcdfkI2kz6hONR3LjVUABUVDq03Z3ARcmEfdXWeJwzX0zUqoWkyx1rNjmps CuP8cWQA
Address: 17psAW21J4twanAFWmbcd5WdX2pKeX3trm
Just a small update with the address signed so that there is less confusion and fud when pool mining is running.
Message: Labcoin mining address
Signature: HJRjzVPG3CC5OjInesByNcdfkI2kz6hONR3LjVUABUVDq03Z3ARcmEfdXWeJwzX0zUqoWkyx1rNjmps CuP8cWQA
Address: 17psAW21J4twanAFWmbcd5WdX2pKeX3trm
Latest posts of TheSwede75: https://bitcointalksearch.org/user/theswede75-90389
Latest posts of user labcoin: https://bitcointalksearch.org/user/labcoin-120219
If they post another update today with pictures, share price is going to be insane.
Edit: Phase 2 of rally commencing.
Edit: Phase 2 of rally commencing.
so you guys seriously think that the Share Price drops to about 0.002 ?
please answer
please answer
no, that thinking is history.
History can repeat itself
Weird how all the action always goes on the main thread,
and not the spec thread : https://bitcointalk.org/index.php?topic=263445.new#new
and not the spec thread : https://bitcointalk.org/index.php?topic=263445.new#new
eve scared me
i sold all
i sold all
Pretty quiet in the speculation thread
So many stories over in the main
So many stories over in the main
Haha yes! My finger was hovering close to the "dump everything" button more than once. Glad I didn't fall for it.
Pretty quiet in the speculation thread
So many stories over in the main
So many stories over in the main
so you guys seriously think that the Share Price drops to about 0.002 ?
please answer
please answer
no, that thinking is history.
No it's all fud today buddy. 0 change since last update the stock is still the same, it's just the manipulator a making a few hundred coins
so you guys seriously think that the Share Price drops to about 0.002 ?
please answer
please answer
Bump.
Asks have no meat until 0.0016. Most bids are at 0.0012. Not too exciting
Asks have no meat until 0.0016. Most bids are at 0.0012. Not too exciting
How funny it is to read this after the recent bubble
EDIT: Well, maybe not...
Bump.
Asks have no meat until 0.0016. Most bids are at 0.0012. Not too exciting
Asks have no meat until 0.0016. Most bids are at 0.0012. Not too exciting
BTCGarden IPO seems like an extremely poor short term investment. There's virtually no chance of the price going up short term.
the price is up...you fail
BTCGarden IPO seems like an extremely poor short term investment. There's virtually no chance of the price going up short term.
the price is up...you fail
BTCGarden IPO seems like an extremely poor short term investment. There's virtually no chance of the price going up short term.
You didn't mean "investment", you meant "speculation".
BTCGarden IPO seems like an extremely poor short term investment. There's virtually no chance of the price going up short term.
I'm assuming that since BTCGarden isn't going to pop-up by 20-100%, people are going to dump and come back to LC within a day or two
Once the IPO was finished, it means 2,000,000x0.016=32,000 BTC go to the issuer, never go back to market, 2x of LC MarketCap. It's disaster for liquidity.
It's true that people will go back to LC, but I doubt upside potential in short-term. Mostly depend on LABCOIN team's news/info release I think.
I'm assuming that since BTCGarden isn't going to pop-up by 20-100%, people are going to dump and come back to LC within a day or two
see the RealTime trading list on BTCT.CO, seems everyone is selling ACTM/LABCOIN/ASICMiner to buy BTCGarden.
I think people will sell the first batch of btcgarden shares and dump the btc right back into labcoin
It's the circle of life.
Well at least in that case they funded the capital for the IPO
I think people will sell the first batch of btcgarden shares and dump the btc right back into labcoin
It's the circle of life.
I think people will sell the first batch of btcgarden shares and dump the btc right back into labcoin
It's gonna be hard to unload BTCGarden
It's already sucked up a ton of money
It's already sucked up a ton of money
Anyone else disappointed with Labcoins performance so far?
Is it going to slowly sink back down to the IPO price or is it every go to go up?
Because I wasn't able to buy in at the IPO due to BTCT's bugs, I bought when trading started. Even though I feel I got a good price, I'm down quite a bit right now.
I'm praying it wasn't just a scam all along and let's see if Labcoin produces.
Is it going to slowly sink back down to the IPO price or is it every go to go up?
Because I wasn't able to buy in at the IPO due to BTCT's bugs, I bought when trading started. Even though I feel I got a good price, I'm down quite a bit right now.
I'm praying it wasn't just a scam all along and let's see if Labcoin produces.
there is consistent selling pressure. people want out.
I think many people just sell for 2x profit to rush into BTCGarden IPO. BTCGarden really eaten many BTCs.
The last trade price of LABCOIN passtru on HaveLock is 0.00289000@70 .
Some people really shouldn't be putting money into markets if a few days not going their way makes them pissed, nervous or anxious.
I'm praying it wasn't just a scam all along and let's see if Labcoin produces.
Quite a strange way to do business.Is there any reason why instead of "praying" you can't just, you know, sell?
Anyone else disappointed with Labcoins performance so far?
Is it going to slowly sink back down to the IPO price or is it every go to go up?
Because I wasn't able to buy in at the IPO due to BTCT's bugs, I bought when trading started. Even though I feel I got a good price, I'm down quite a bit right now.
I'm praying it wasn't just a scam all along and let's see if Labcoin produces.
Is it going to slowly sink back down to the IPO price or is it every go to go up?
Because I wasn't able to buy in at the IPO due to BTCT's bugs, I bought when trading started. Even though I feel I got a good price, I'm down quite a bit right now.
I'm praying it wasn't just a scam all along and let's see if Labcoin produces.
there is consistent selling pressure. people want out.
Yes, that's what it seems like. I'm going to hold rather than sell at a loss. I'm beginning to wish I had never heard of Labcoin.
It looks like it was all just hype for people wishing to make a quick buck.
Anyone else disappointed with Labcoins performance so far?
Is it going to slowly sink back down to the IPO price or is it every go to go up?
Because I wasn't able to buy in at the IPO due to BTCT's bugs, I bought when trading started. Even though I feel I got a good price, I'm down quite a bit right now.
I'm praying it wasn't just a scam all along and let's see if Labcoin produces.
Is it going to slowly sink back down to the IPO price or is it every go to go up?
Because I wasn't able to buy in at the IPO due to BTCT's bugs, I bought when trading started. Even though I feel I got a good price, I'm down quite a bit right now.
I'm praying it wasn't just a scam all along and let's see if Labcoin produces.
there is consistent selling pressure. people want out.
Anyone else disappointed with Labcoins performance so far?
Is it going to slowly sink back down to the IPO price or is it every go to go up?
Because I wasn't able to buy in at the IPO due to BTCT's bugs, I bought when trading started. Even though I feel I got a good price, I'm down quite a bit right now.
I'm praying it wasn't just a scam all along and let's see if Labcoin produces.
Is it going to slowly sink back down to the IPO price or is it every go to go up?
Because I wasn't able to buy in at the IPO due to BTCT's bugs, I bought when trading started. Even though I feel I got a good price, I'm down quite a bit right now.
I'm praying it wasn't just a scam all along and let's see if Labcoin produces.
Glad I sold 1/4 of my shares at ~0.004 to cover my expenses of investing in the IPO Rest of the shares I'm gonna hold for a while to see if Labcoin actually succeeds in making some hardware. If it does, they are gonna go way up, if not, well, I already recovered my initial investment...
Rest of the shares I'm gonna hold for a while to see if Labcoin actually succeeds in making some hardware. If it does, they are gonna go way up, if not, well, I already recovered my initial investment... We're just about at that price point where people who wanted to get in the ipo but couldn't might make a dive in, especially seeing that people have no qualms about trading it 3+
Only 3x it ain't no sandstorm
I made a fortune off of scamstorm
I was one of the few who scooped up shares on havelockpeople complain this ipo was fucked, but nothing will top scamstorm
Glad I sold 1/4 of my shares at ~0.004 to cover my expenses of investing in the IPO Rest of the shares I'm gonna hold for a while to see if Labcoin actually succeeds in making some hardware. If it does, they are gonna go way up, if not, well, I already recovered my initial investment...
Rest of the shares I'm gonna hold for a while to see if Labcoin actually succeeds in making some hardware. If it does, they are gonna go way up, if not, well, I already recovered my initial investment... We're just about at that price point where people who wanted to get in the ipo but couldn't might make a dive in, especially seeing that people have no qualms about trading it 3+
Only 3x it ain't no sandstorm
Glad I sold 1/4 of my shares at ~0.004 to cover my expenses of investing in the IPO Rest of the shares I'm gonna hold for a while to see if Labcoin actually succeeds in making some hardware. If it does, they are gonna go way up, if not, well, I already recovered my initial investment...
Rest of the shares I'm gonna hold for a while to see if Labcoin actually succeeds in making some hardware. If it does, they are gonna go way up, if not, well, I already recovered my initial investment... We're just about at that price point where people who wanted to get in the ipo but couldn't might make a dive in, especially seeing that people have no qualms about trading it 3+
Glad I sold 1/4 of my shares at ~0.004 to cover my expenses of investing in the IPO Rest of the shares I'm gonna hold for a while to see if Labcoin actually succeeds in making some hardware. If it does, they are gonna go way up, if not, well, I already recovered my initial investment...
Rest of the shares I'm gonna hold for a while to see if Labcoin actually succeeds in making some hardware. If it does, they are gonna go way up, if not, well, I already recovered my initial investment...
only about 500 btc holding it above IPO...
Cheap shares. I love this
PANIC! 
So 4500 BTC worth of potential investors going to hit the market within some hours.
Will they gobble up some Labcoin shares too ?
https://bitcointalksearch.org/topic/m.2846658
Will they gobble up some Labcoin shares too ?
https://bitcointalksearch.org/topic/m.2846658
"The first run will yeild 1000-1500 chips @ 130nm, 300Mhz, Power 0.8W, 6.5x6.5mm design. With specs of 5 GH at 2.7W/GHash."
So, which one is it? 0.8W or 13.5W?
With that second value this chip will vaporize. Thermal resistances will not allow to operate so small die at so high temperatures...
So, which one is it? 0.8W or 13.5W?
With that second value this chip will vaporize. Thermal resistances will not allow to operate so small die at so high temperatures...
I'm unimpressed. All kinds of red flags abound.
The poorly-written asset profile at btct is heavy on puffy, flowery rhetoric and light on specifics.
If they've paid the NRE for their (obsolete) 130nm supposed wonder-chip, why not sell them before/after its delivery to raise funds for the next gen, instead of going public and hollowing out the 'private investors' equity?
Are the 'private investors' stupid, altruistic, scammers, or some combination? Does not compute!
Swede is so clueless about hardware it hurts. Sure, I had to google RTL and NRE, but have enough EECS background to understand the concepts behind the acronyms perfectly. But I'd never confuse current gen (28nm) with next gen (22nm) die shrinks, or say stupid things like
What I can say is that nm density is a very small part of chip design and higher density does by no means automatically mean higher frequency or better efficiency.
Swede may have burned some bridges with his preemptive crapping on competitors' threads.
He's very unprofessional and has no business flailing around in his current role. Kid is in way over his head.
looks like the post-ipo hype is over and people will start cashing out....
Na I think its starting to enter its first trading range
looks like the post-ipo hype is over and people will start cashing out....
The price on this will run higher than what people are expecting... it's just so cheap to begin with. Even if people sell at .002 it's cheap. This is even more of a speculators dream than active mining.
The problem is that they dont really have anything to back it up. 130nm chips in Q4 2013? 65 nm in Q2 2014?
Competitors have 28nm coming in early Q4 2013.
Surprising comment coming from you. All you do is pimp out Actm. It has already been explained why they chose higher nm chips and why 28nm is both very expensive and risky. And unlike Ken the guys at Labcoin seem to have a really solid and reasonable plan backed up by facts, not just hype.
I also pimp out bAsic
K thx bye
The price on this will run higher than what people are expecting... it's just so cheap to begin with. Even if people sell at .002 it's cheap. This is even more of a speculators dream than active mining.
The problem is that they dont really have anything to back it up. 130nm chips in Q4 2013? 65 nm in Q2 2014?
Competitors have 28nm coming in early Q4 2013.
Surprising comment coming from you. All you do is pimp out Actm. It has already been explained why they chose higher nm chips and why 28nm is both very expensive and risky. And unlike Ken the guys at Labcoin seem to have a really solid and reasonable plan backed up by facts, not just hype.
LOL on all points
I'm really surprised at folks really expecting this to "crash".
Do you actually think it will crash below the IPO price? No fucking way. There was huge demand for the IPO for good reason: because compared to the possible outcome of this stock, the initial price was ridiculously low. You have ActM for example, who don't yet have anything to show for either, and their shares are traded at ~0.005 now, while they have a total of 25m shares. This one starts at 0.001 with only 10m shares. I see this easily trading at 0.005 short term, and higher in the long run.
Do you actually think it will crash below the IPO price? No fucking way. There was huge demand for the IPO for good reason: because compared to the possible outcome of this stock, the initial price was ridiculously low. You have ActM for example, who don't yet have anything to show for either, and their shares are traded at ~0.005 now, while they have a total of 25m shares. This one starts at 0.001 with only 10m shares. I see this easily trading at 0.005 short term, and higher in the long run.
I think the difference lies in future mining/product. Labcoin doesn't appear to be bringing anything new to the table, nor do they appear to be pursuing anything new (e.g. 28nm chips)
The price on this will run higher than what people are expecting... it's just so cheap to begin with. Even if people sell at .002 it's cheap. This is even more of a speculators dream than active mining.
The problem is that they dont really have anything to back it up. 130nm chips in Q4 2013? 65 nm in Q2 2014?
Competitors have 28nm coming in early Q4 2013.
Surprising comment coming from you. All you do is pimp out Actm. It has already been explained why they chose higher nm chips and why 28nm is both very expensive and risky. And unlike Ken the guys at Labcoin seem to have a really solid and reasonable plan backed up by facts, not just hype.
Long term yes but immediately after the shares get released to the market it is hard to tell where the real price will settle at
I'm really surprised at folks really expecting this to "crash".
Do you actually think it will crash below the IPO price? No fucking way. There was huge demand for the IPO for good reason: because compared to the possible outcome of this stock, the initial price was ridiculously low. You have ActM for example, who don't yet have anything to show for either, and their shares are traded at ~0.005 now, while they have a total of 25m shares. This one starts at 0.001 with only 10m shares. I see this easily trading at 0.005 short term, and higher in the long run.
Do you actually think it will crash below the IPO price? No fucking way. There was huge demand for the IPO for good reason: because compared to the possible outcome of this stock, the initial price was ridiculously low. You have ActM for example, who don't yet have anything to show for either, and their shares are traded at ~0.005 now, while they have a total of 25m shares. This one starts at 0.001 with only 10m shares. I see this easily trading at 0.005 short term, and higher in the long run.
IPO movements scare me a bit so I'll just observe have fun
Not with this clusterfuck of an IPO...
I can't see these guys having any staying power.
I can't see these guys having any staying power.
What have the actual issuers of the stock done wrong? The excitement caused by the IPO was not expected by anyone, and they are rationally trying to make a fair solution for everyone instead of hastefully dumping the shares on the market. So far it has been much more orderly than Activemining's IPO.
IPO's should be simple... x shares available, x bids to eat up those shares - top bids get eaten first
wheres the discussion to be had? it's absurd.
No, it's not absurd. It's how practically every real life IPO that has more initial demand than supply is handled.
It's the best and most fair way. An pre-IPO auction like you're suggesting is bound to create chaos and implode into itself.
I might hold for a while since these guys will be starting sooner than anyone else.
BTC Garden is way overvalued at .016. I believe in active, but there more 4th Q
BTC Garden is way overvalued at .016. I believe in active, but there more 4th Q
If I knew that it would be 40% when I woke up would have tripled my bids but I'm good
The price on this will run higher than what people are expecting... it's just so cheap to begin with. Even if people sell at .002 it's cheap. This is even more of a speculators dream than active mining.
Here is a chance to put your money where your mouth is
Starting at 0.002/share https://bitcointalksearch.org/topic/m.2843636
I have 34k
I don't need anymore
The price on this will run higher than what people are expecting... it's just so cheap to begin with. Even if people sell at .002 it's cheap. This is even more of a speculators dream than active mining.
Here is a chance to put your money where your mouth is
Starting at 0.002/share https://bitcointalksearch.org/topic/m.2843636
Warms up on page 2
Swear I get more posts just observing stuff than anything else in bitcoin
Swear I get more posts just observing stuff than anything else in bitcoin
Trading start in:
Timer removed. End time: 2013-07-31+20:30:00
Want a high selling price? Very obvious, but: don't place asks! Really, don't do it and wait. The very thin orderbook after the transition from AMC-PT to ActM on btct was a very influential reason for the fast rise.
Edit: +30 min
Timer removed. End time: 2013-07-31+20:30:00
Want a high selling price? Very obvious, but: don't place asks! Really, don't do it and wait. The very thin orderbook after the transition from AMC-PT to ActM on btct was a very influential reason for the fast rise.
Edit: +30 min
The price on this will run higher than what people are expecting... it's just so cheap to begin with. Even if people sell at .002 it's cheap. This is even more of a speculators dream than active mining.
The problem is that they dont really have anything to back it up. 130nm chips in Q4 2013? 65 nm in Q2 2014?
Competitors have 28nm coming in early Q4 2013.
I know that
. I own active and I know end year it's gonna be something. As of right now they both are dreams . I'm out of this as soon as I get the profit I want
I predict it's going to crash.
Yeah, sure. The question is whether it'll be at .002 or at 2.00
Assuming it's not a scam the IPO price is a rather safe bet.
The price on this will run higher than what people are expecting... it's just so cheap to begin with. Even if people sell at .002 it's cheap. This is even more of a speculators dream than active mining.
The problem is that they dont really have anything to back it up. 130nm chips in Q4 2013? 65 nm in Q2 2014?
Competitors have 28nm coming in early Q4 2013.
0.002 is the minimum
The price on this will run higher than what people are expecting... it's just so cheap to begin with. Even if people sell at .002 it's cheap. This is even more of a speculators dream than active mining.
I predict it's going to crash.
Here is why:
1) Mass hysteria over the IPO. This is rarely a good sign for an IPO. The IPO was overbooked by almost 3 times.
2) Everyone who wasn't able to buy in the IPO wasn't able to because of glitches with the BTCT.CO website. These people are pissed off and not likely to invest now.
3) The mining space is increasing competitive. KNCMiner and Bitfury are about to release their chips and miners and are going to completely overwhelm anyone sill using first generation mining ASICs. Labcoin is behind and won't be able to keep up.
Here is why:
1) Mass hysteria over the IPO. This is rarely a good sign for an IPO. The IPO was overbooked by almost 3 times.
2) Everyone who wasn't able to buy in the IPO wasn't able to because of glitches with the BTCT.CO website. These people are pissed off and not likely to invest now.
3) The mining space is increasing competitive. KNCMiner and Bitfury are about to release their chips and miners and are going to completely overwhelm anyone sill using first generation mining ASICs. Labcoin is behind and won't be able to keep up.
No way in hell. I'm not saying that it's going 'to the moon' like all those ActM fanboys, but there are many, many people who just missed the IPO lock because of BTCT issues, etc posting in the Labcoin thread. Most of those who missed out aren't going to be pissed and not invest, they're just going to buy up more shares.
I predict it's going to crash.
Here is why:
1) Mass hysteria over the IPO. This is rarely a good sign for an IPO. The IPO was overbooked by almost 3 times.
2) Everyone who wasn't able to buy in the IPO wasn't able to because of glitches with the BTCT.CO website. These people are pissed off and not likely to invest now.
3) The mining space is increasing competitive. KNCMiner and Bitfury are about to release their chips and miners and are going to completely overwhelm anyone sill using first generation mining ASICs. Labcoin is behind and won't be able to keep up.
Here is why:
1) Mass hysteria over the IPO. This is rarely a good sign for an IPO. The IPO was overbooked by almost 3 times.
2) Everyone who wasn't able to buy in the IPO wasn't able to because of glitches with the BTCT.CO website. These people are pissed off and not likely to invest now.
3) The mining space is increasing competitive. KNCMiner and Bitfury are about to release their chips and miners and are going to completely overwhelm anyone sill using first generation mining ASICs. Labcoin is behind and won't be able to keep up.
And that's exactly what their IPO price reflects. It's incredibly cheap so they don't have to get as much hashing power online.
I predict in the short term it will go up. It was clearly illustrated that there is a lot of demand for these shares at prices well above the IPO value of 0.001. As soon as there is open trading of Labcoin shares, price will go up until demand matches supply. Seems pretty basic. Market fundamentals like the number of competitors in the BTC mining market and the relative technical/economic merits of Labcoin will assert themselves over a longer timeframe, and shares could rise or fall depending on how Labcoin and various competitors do. But everyone who bought at the IPO value will likely be able to sell tomorrow for a tidy profit.
I predict it's going to crash.
Here is why:
1) Mass hysteria over the IPO. This is rarely a good sign for an IPO. The IPO was overbooked by almost 3 times.
2) Everyone who wasn't able to buy in the IPO wasn't able to because of glitches with the BTCT.CO website. These people are pissed off and not likely to invest now.
3) The mining space is increasing competitive. KNCMiner and Bitfury are about to release their chips and miners and are going to completely overwhelm anyone sill using first generation mining ASICs. Labcoin is behind and won't be able to keep up.
Here is why:
1) Mass hysteria over the IPO. This is rarely a good sign for an IPO. The IPO was overbooked by almost 3 times.
2) Everyone who wasn't able to buy in the IPO wasn't able to because of glitches with the BTCT.CO website. These people are pissed off and not likely to invest now.
3) The mining space is increasing competitive. KNCMiner and Bitfury are about to release their chips and miners and are going to completely overwhelm anyone sill using first generation mining ASICs. Labcoin is behind and won't be able to keep up.
I'm predicting that all the leftover money from the IPO will get poured into BTCGarden without anyone checking the thread.
+1That and some of the leftover money will be reinvested in all the stocks everyone dumped to buy in Labcoin.
I'm predicting that all the leftover money from the IPO will get poured into BTCGarden without anyone checking the thread.
0.8w per chip I think.... 300mhz chip....
"The first run will yeild 1000-1500 chips @ 130nm, 300Mhz, Power 0.8W, 6.5x6.5mm design. With specs of 5 GH at 2.7W/GHash."
So, which one is it? 0.8W or 13.5W?
With that second value this chip will vaporize. Thermal resistances will not allow to operate so small die at so high temperatures...
So, which one is it? 0.8W or 13.5W?
With that second value this chip will vaporize. Thermal resistances will not allow to operate so small die at so high temperatures...
You already submitted this post! You might have accidently double clicked, or tried to refresh.
Not with this clusterfuck of an IPO...
I can't see these guys having any staying power.
I can't see these guys having any staying power.
What have the actual issuers of the stock done wrong? The excitement caused by the IPO was not expected by anyone, and they are rationally trying to make a fair solution for everyone instead of hastefully dumping the shares on the market. So far it has been much more orderly than Activemining's IPO.
IPO's should be simple... x shares available, x bids to eat up those shares - top bids get eaten first
wheres the discussion to be had? it's absurd.
The problem is that the issuer has no idea when the asset will be approved, and once it is approved bidding can begin. The voting can take days or weeks, but LABCOIN was approved in less than a day. They had no chance to put the stocks up before bids were in place, but still want to honor the IPO price of .001. I commend them for standing by the original price and not just profiting of the speculators. Ken of AMC fucked up his IPO so bad (repeatedly dumping more shares at one price before undercutting himself later on, dumping 500,000 additional shares for "extra expenses" after the original NRE sold out), and yet you stand by him. Makes me wonder who you're invested in right now
+1 life is not fair, oh well.
Not with this clusterfuck of an IPO...
I can't see these guys having any staying power.
I can't see these guys having any staying power.
What have the actual issuers of the stock done wrong? The excitement caused by the IPO was not expected by anyone, and they are rationally trying to make a fair solution for everyone instead of hastefully dumping the shares on the market. So far it has been much more orderly than Activemining's IPO.
IPO's should be simple... x shares available, x bids to eat up those shares - top bids get eaten first
wheres the discussion to be had? it's absurd.
The problem is that the issuer has no idea when the asset will be approved, and once it is approved bidding can begin. The voting can take days or weeks, but LABCOIN was approved in less than a day. They had no chance to put the stocks up before bids were in place, but still want to honor the IPO price of .001. I commend them for standing by the original price and not just profiting of the speculators. Ken of AMC fucked up his IPO so bad (repeatedly dumping more shares at one price before undercutting himself later on, dumping 500,000 additional shares for "extra expenses" after the original NRE sold out), and yet you stand by him. Makes me wonder who you're invested in right now
Not with this clusterfuck of an IPO...
I can't see these guys having any staying power.
I can't see these guys having any staying power.
What have the actual issuers of the stock done wrong? The excitement caused by the IPO was not expected by anyone, and they are rationally trying to make a fair solution for everyone instead of hastefully dumping the shares on the market. So far it has been much more orderly than Activemining's IPO.
IPO's should be simple... x shares available, x bids to eat up those shares - top bids get eaten first
wheres the discussion to be had? it's absurd.
Mass hysteria about this IPO. Beware.
Not with this clusterfuck of an IPO...
I can't see these guys having any staying power.
I can't see these guys having any staying power.
What have the actual issuers of the stock done wrong? The excitement caused by and response to the IPO was not expected by anyone, and they are rationally trying to make a fair solution for everyone instead of hastefully dumping the shares on the market. So far it has been much more orderly than Activemining's IPO.
Reserved.
Price and Developments speculation here.
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