Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
physalis
on 20/09/2013, 19:23:02 UTC
All the profit here involves leaving someone else with the bag. Any money made here is bad karma, really - if you want to look at it like that.

That is absolutely incorrect. A proper company creates value. In this case it's specially easy to see, since that would be by mining, i.e. printing money.
You're right that now every money made here is bad karma. But only because LC is a scam, not because that's a general principle of stock markets like you seem to imply.