Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
In any case, labcoin will probably stagnate between .0026-.0028 for about a day or two before it either booms due to increased hashrate or falls due to stagnant hashrate.
There is no chance whatsoever that this is going to happen. None.
Agreed. Speculation will be positive rather than neutral, unless we go more than 2 days without a hash rate increase..
Labcoin will not break .002849 unless hash rate increases. 800 GH already propelled labcoin from .0016-->.0025-.0028, positive speculation has already been factored into the market. Theswede has given out a new deadline to increase hashrate within a day, my point is that if hashrate does not increase within this period of time, then the price will fall while if the hashrate actually does go up then we will see .002849+
Given labcoin's track record on following through with announcements, the most likely series of events will be
1.) Hashrate does not go up for a day (maybe two)
2.) Price drops to .002-.0022
3.)
?4.) swede makes an announcement of an announcement
5.) Price increases to .0025-.0028
6.) Deadline for swede's announcement passes, no announcement
7.) Price declines to .002-.0022
8.) 1 week after the initial deadline to increase hashrate, hashrate increases and stock goes to .0028-.003