Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
damiano
on 25/09/2013, 15:17:29 UTC
It's obvious that a broken promise is not priced in the current market value, as it's severely overvalued (and market price is decreasing).
So despite Labcoins dreadful performance so far - and all the broken promises - the market is convinced Labcoin will hit 20TH in two weeks? BS. Besides, if that were true the price would be much higher in anticipation.

The broken promise is priced in (seriously, does anyone expect Labcoin to to hit 20TH in two weeks?). The price remains high, however, because the market is essentially giving Labcoin several weeks more - months even - to really start performing.
I'd be happy with 5TH in 2 weeks to be honest..

Im afraid they will need more than 5TH to keep up with the difficulty spike coming