Ninjastic
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Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
runam0k
on 30/09/2013, 17:40:12 UTC
Quote from: KS on September 30, 2013, 05:12:11 PM
Quote from: JoTheKhan on September 30, 2013, 05:09:02 PM
Quote from: ferskvare on September 30, 2013, 05:03:27 PM
Like Ytterbium said. At this point, even though I got most my shares at close to IPO, they've lost so much in value, I'd be having scraps if I sold. Might as well wait it out. 90% loss or 100% loss makes no difference to me. In the astronomical chance this will actually turn into something - which I doubt strongly at this point, even for an optimist as myself - I might as well just sit on the shares.

This is how you bring your emotions into the situation.

Everyone is proving this is scam. You are an Optimist, but even as a self identified optimist you see no hope in this. You rather just lose it all then lose a most it. You are contradicting yourself. If you were a true optimist you would rid yourself of the situation and look for greener pastures. There is NO hope in this, the only hope of salvation is to get what you can back as soon as possible. Why go down with the ship when the CEO abandoned you so long ago; when he can't spend 10mins on the forums to talk to his investors. Get the hell off the ship as soon as possible. This is super simple stuff.

Or you short the stock and buy more at a lower price. That shows you really believe in it and it's not just indecision. If you can't do it, then you're a victim.
Roll Eyes

I don't mind saying I have a small amount of BTC left in Labcoin, but it's a rounding error for me at this point so I mind. I'm betting on the tiny percentage of a chance that something comes of it (but that *does not* mean I am or should be confident enough to throw more BTC at it!). Maybe I'll bow out before BTC-TC halts trading and selling the shares becomes virtually impossible.

I am curious where all the millions of other shares are. Not too many whales in here expressing concern about the thousands of BTC they've (almost certainly) lost.