Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
moribana
on 01/10/2013, 08:16:59 UTC

What could I have done? They literally said 'we're hashing now, and we will not miss 20 th deployment in the next two weeks'. How can anyone have a chance if they are lied to that blatantly? They even brought out the btcguild ranking to back it up.


What is amazing to me is that the whole thing implodes so slowly. The price was still above IPO when it was pretty obvious that this thing will not work. So anyone cautious enough had time to leave. It reminds me of the experiment when you can cook a frog alive if you heat up the water slowly, but if you do it rapidly, the poor creature just jumps out.