Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
drawingthesun
on 14/09/2013, 16:48:04 UTC
Yes labcoin is capable of riding every wave if they could do that they would be trading millions not building bitcoin miners.

Labcoin IPO: 7,000 btc

Labcoin 24 hour volume: 3,370 btc (Almost half the IPO amount in one day)

Labcoin 7 day volume: 10,246 btc (About $1,200,000 in 1 week)

Every wave has been created due to someway of Labcoin posting. (Wait too long, post vague information, claim 500TH/s, "We are solomining right now at 2TH/s", etc...)

They have complete control of this market and could have easily made more money with the 5 - 8 FUD cycles they have enabled since IPO than they would mining with real hardware for a year.

Actually I am beginning to think they are genius.