Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
RoadStress
on 25/09/2013, 22:55:18 UTC
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.

I would of course point out that Labcoin will be bringing more hash rate online through the week, months and coming months. The team is also working on choosing an exchange for share transfer.



I'm sorry but i just don't believe you. I trusted the labcoin team at first but now this is simply stupid.