Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
Investors in this turd are like battered wives at this point. Just leave. Btcg had a run of great luck leading up to and shortly after the difficulty hike.
Labcoin lied about daily increases of hashing power just as they've lied about nearly everything else. Current market cap is STILL 17k BTC for a mining company with a hashrate of < 800Gh/s and soon to have zero liquidity. To say that it's still grotesquely overvalued is an understatement. R U N A W A Y
My own mining company(market cap 4344BTC) hashing at just north of 1Th/s on btcg currently has 19 blocks in shifts currently being paid.
Labcoin lied about daily increases of hashing power just as they've lied about nearly everything else. Current market cap is STILL 17k BTC for a mining company with a hashrate of < 800Gh/s and soon to have zero liquidity. To say that it's still grotesquely overvalued is an understatement. R U N A W A Y
My own mining company(market cap 4344BTC) hashing at just north of 1Th/s on btcg currently has 19 blocks in shifts currently being paid.
I think you should worry about running your own company. You made some bad decisions investing reserves (without motion) into Labcoin and Asicminer at their peaks and lost value. Also, not to mention that basic-mining share value has consistently been dropping for awhile. Posts like these make you look unprofessional/unethical.
This is the same stock that I should have sold at .6, but actually gave up on him at .1
huge loss
