If Labcoin is a failure, I make a little profit, if Labcoin is a success, I make a lot of profit.
so, basically, you're just looking for a bigger fool at this point, right? People make profit from buying and selling at all different prices. You may think they're the fool, but they're the one laughing at you while you stand there and watch them profit from trading. That's why you're so bitter. |
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I love how Mabsark is still defending them. Add that to the list of people that deserve to be bagholders:
Mabsark
dhenson
JohnyBigs
These people should be on ignore, folks. They were defending these scammers right until a few days ago. They encouraged people to invest, all the way down...
If anyone has lost money on this that's their own problem, nobody else's. We all have the same information. There's no proof of it being a scam so far, no matter what you guys keep claiming. When push comes to shove, all you do is provide FUD instead of evidence to back up your claims. That's because you don't have any actual evidence. I've already made a profit from Labcoin, reinvested it into AM on BitFunder and still have 10,000 shares to trade. Hopefully I can acquire 100,000 shares before trading ends on BTC-TC.  |
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If Labcoin relists on BitFunder, the price will just as quickly rise again.
I doubt people will fall for this same scam again. Will you be reinvesting, Mabsark? And at what price did you liquidate your Labcon shares? Of course, that is assuming Bitfunder will list them... I've been buying and selling at various prices once it came to light they were having trouble with the miners. I sent some BTC to BitFunder which more than covered my costs. Also, like I said, I have 10,000 shares (up from 6789 shares), so for me, the chance of Labcoin actually sorting their shit out and being successful in achieving their their goals is a risk worth taking. I'll keep trading and hope to significantly increase the number of shares I hold. If Labcoin is a failure, I make a little profit, if Labcoin is a success, I make a lot of profit. |
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I think the price will drop to around 0.00005 BTC before BTC-TC stops trading. If Labcoin relists on BitFunder, the price will just as quickly rise again.
Your previous predictions turned out wrong. You're just a scammer trying to pump scams. Did they? Is it November already?  |
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People are selling in anticipation of Labcoin gone missing in the Q&A Really, even if what they say is true, it means that they are so late and so fucked that there is no reason to buy at those prices. And if they're still lying, well... This is really the last chance for all the bagholders still seeing >10% of IPO price. If Labcoin being late or absent in the Q&A, price will crash much further without a doubt. I think the price will drop to around 0.00005 BTC before BTC-TC stops trading. If Labcoin relists on BitFunder, the price will just as quickly rise again. |
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LIAR! LIAR! PANTS ON FIRE!
THAT IS YOUR ADDRESS.
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Mabsark's logic: Look at this picture though. Notice how some of the chips are missing?  The obvious reason for those chips being missing is because they are being mined with. It's funny the way none of the FUD-spreaders can come up with a logical argument against this. Yeah, what was I thinking? It's clearly ridiculous to suggest that the obvious reason for chips being missing is because they had been used for their intended purpose. They surely just threw those chips away for no reason. /sarcasm (for all the mentally challenged people in this thread) You still think those trays are delivered always completely occupied with chips, don't you? I've no idea. I think it more likely that the trays would be full though. Depends how many chips you ordered. I don't suppose they make custom trays too (except the "cut with scissors" type), so it's very possible for the trays to not be full. Of course it's possible. Given that the trays only hold 160 chips though and all the sample batches I've heard of have been for a couple of thousand chips, it seems most likely to me that a sample batch would simply consist of n trays, where n is an integer. |
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Mabsark's logic: Look at this picture though. Notice how some of the chips are missing? The obvious reason for those chips being missing is because they are being mined with. It's funny the way none of the FUD-spreaders can come up with a logical argument against this. Yeah, what was I thinking? It's clearly ridiculous to suggest that the obvious reason for chips being missing is because they had been used for their intended purpose. They surely just threw those chips away for no reason. /sarcasm (for all the mentally challenged people in this thread) You still think those trays are delivered always completely occupied with chips, don't you? I've no idea. I think it more likely that the trays would be full though. |
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An' it's going dooone again....
edit: last time to place your low low bids before total train wreck.
Here at Labcoin, every time is the last time. |
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thats where your wrong mabsark you will get 10 million shares, thats right mabsark 10 MILLION, but don;t worry, i am looking the other 40 million shares which means 80 percent of the shares are locked, no way i could possisibly scam , Right? Well, why didn't you say so. Can I buy 100 million shares for 70,000 BTC? No? I don't care if you only need 7,000 BTC, I want to give you 70,000 BTC. Just shut up and take my money damn it! Okay you win, here's your 7000 BTC. |
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Yo mabsark, send me 7000 bitcoins, i have a mining device which does 100000 TH, i can;t show you any pictures of the chips as they are being using to mine, neither can i send you photos of the hardware as once again they are being used to mine, oh and the rigs won't show up on BTC guild, i have designed a software which prevents the total hash rate of these miners from being picked up, look forward to hearing from you
No. |
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Mabsark's logic: Look at this picture though. Notice how some of the chips are missing? The obvious reason for those chips being missing is because they are being mined with. It's funny the way none of the FUD-spreaders can come up with a logical argument against this. Yeah, what was I thinking? It's clearly ridiculous to suggest that the obvious reason for chips being missing is because they had been used for their intended purpose. They surely just threw those chips away for no reason. /sarcasm (for all the mentally challenged people in this thread) |
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Then why are over 2 million shares still in the initial account?the scam makes 0 sense unless all the shares were traded. Burnside said the other day 66% of shares are still in the initial account. A sensible answer is that wang and other team members have been paid the shares.
Data on this: Labcoin's statement (asset news): Due to inquiries LABCOIN has received from investors, the founders and developers involved in the LABCOIN project has decided to voluntarily lock in 75% of all shares owned by the LABCOIN core team for 12-months.
This means that no founder or developer owning shares in LABCOIN will sell an excess of 25% of their shares for at least 365 days from today's date. 0.75 x 3,000,000 = 2,250,000. First response from burnside: I hope the LABCOIN guys don't mind me disclosing this. Over 85% of the 3 million shares have not left a specific account I know is held in the Labcoin name. The other 15% could easily be held in any of the next few top shareholders, but I am not privy to who is who without some assistance. 0.85 x 3,000,000 = 2,550,000 Latest, but somewhat fuzzy response: I see ~2 million currently held in their account. I do not know however if some were sold, or if they were simply transferred to another account that is also a holding account. So this is inconclusive information. And also: Some amounts of shares were used as payouts for team members, ...
I won't draw any conclusion, it's up to subjective interpretation of the situation given the vague facts. We always knew that shares where going to be given to team members so I don't see any problem with that. Also, the fact their account has about 2 million shares, does not mean any shares at all have been sold. It simply means those shares are not in that account, which they shouldn't be if they were given to team members as payment. Those "missing shares" could very well be in team members accounts who haven't sold a single one. There's simply no evidence suggesting what has happened to these shares. Until actual proof is brought forth, claiming that these shares have been sold is an outright lie. OMG, still in the denial? Haven't sold yet?  I've sold and bought many times. I've made my money back (and then some) which is now sitting on BitFunder in AM shares. I also now have 10,000 LC shares. Like I've already told you and the other idiots around here, I'm in this to make profit, not because I'm some idiotic fanboy who worships companies. If Labcoin turns out to be a complete failure or a total scam, I'll have still made a profit from them, even if those 10,000 shares become worthless. You guys are just jealous because you haven't been able to do the same. |
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Doesnt prove Alberto and Alessia are the same. It does further lead credence that they know each other, possibly are married to each other explaining how alberto is fabrizio's brother in law. So what if Alberto is Fabrizio's brother-in-law? So what if Alberto is a scammer? Are trying to say that makes Fabrizio a scammer too? That's just incredibly poor logic. That's like me claiming you're a smack head just because your bother-in-law is. See how ridiculous that sounds? |
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Then why are over 2 million shares still in the initial account?the scam makes 0 sense unless all the shares were traded. Burnside said the other day 66% of shares are still in the initial account. A sensible answer is that wang and other team members have been paid the shares.
Data on this: Labcoin's statement (asset news): Due to inquiries LABCOIN has received from investors, the founders and developers involved in the LABCOIN project has decided to voluntarily lock in 75% of all shares owned by the LABCOIN core team for 12-months.
This means that no founder or developer owning shares in LABCOIN will sell an excess of 25% of their shares for at least 365 days from today's date. 0.75 x 3,000,000 = 2,250,000. First response from burnside: I hope the LABCOIN guys don't mind me disclosing this. Over 85% of the 3 million shares have not left a specific account I know is held in the Labcoin name. The other 15% could easily be held in any of the next few top shareholders, but I am not privy to who is who without some assistance. 0.85 x 3,000,000 = 2,550,000 Latest, but somewhat fuzzy response: I see ~2 million currently held in their account. I do not know however if some were sold, or if they were simply transferred to another account that is also a holding account. So this is inconclusive information. And also: Some amounts of shares were used as payouts for team members, ...
I won't draw any conclusion, it's up to subjective interpretation of the situation given the vague facts. We always knew that shares where going to be given to team members so I don't see any problem with that. Also, the fact their account has about 2 million shares, does not mean any shares at all have been sold. It simply means those shares are not in that account, which they shouldn't be if they were given to team members as payment. Those "missing shares" could very well be in team members accounts who haven't sold a single one. There's simply no evidence suggesting what has happened to these shares. Until actual proof is brought forth, claiming that these shares have been sold is an outright lie. |
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It is a fabrication, even the link for the quote in that thread just takes you back to that thread. It is completely bogus and every one can verify this. I don't think I've ever seen the word "soddisfacent" before. Is that english? I see that there is an Italian word that is similar which means "satisfactory". Does that mean you are not looking for investors? Admittedly yes, the word "soddisfacent" doesn't exist in English language. Satisfactory is the right word.thanks for the head up. We are not selling pre-orders, but talks with investors are open, just pm us. Cheers EDIT: spelling Click the link for the bolded quote. It's completely fake. |
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not many chinaman will slip into italian tongue  Wow great find. This pretty much proves Sam Noi is not Chinese, he is Alberto using an italian to english translator. It's not a new find... I don't think I've ever seen the word "soddisfacent" before. Is that english? I see that there is an Italian word that is similar which means "satisfactory". Does that mean you are not looking for investors? Admittedly yes, the word "soddisfacent" doesn't exist in English language. Satisfactory is the right word.thanks for the head up. We are not selling pre-orders, but talks with investors are open, just pm us. Cheers EDIT: spelling ...and while it is suspicious, lots of people who learn other languages learn more than one. That "soddisfacent" quote is a complete fabrication. Click the link for that quote and it takes you to a thread titled, "Re: new startup about to launch". Are people really this stupid? |
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Sam was supposed to be in China. Why would he be named 'Sam' anyway, it is a western name. And the Labcoin handle really does type in more of a European way... we have plenty of Chinese posters here and they all have a distinctly different way of typing. I really think that Sam = Alberto/Alessia not many chinaman will slip into italian tongue Wow great find. This pretty much proves Sam Noi is not Chinese, he is Alberto using an italian to english translator. Hey guys, let's pretend that quote wasn't a complete fabrication (which is why it's not linked BTW). |
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It is looking bad, but this has altered the risk reward ratio.. More risk and a much higher reward. I've bought some more as I love a gamble.. The whole premise of this from the beginning was a 1 in 10 shot of it happening. Now they have chips, but they are fucked or the pcb is fucked. Either way I don't believe it is vapourware or a scam. Ill be a bag holder if it is a scam, but that's why I've invested what I can afford to lose. I won't be bankrupt, I will be pissed off that I made a bad call. If people are investing more than they can afford to lose then they are the fools
Read the past 5 pages to aknowledge this is guaranteed a known scam, you are not gambling you are throwing your money down the bin.but hey maybe you hit my sell orders There hasn't been a single scrap of evidence showing that Labcoin is "guaranteed a known scam". copy and pasted from reddit as i can;t be bothered to write this all up my self........ All this info is public so does not count as doxxing or a witch hunt. This is merely connecting the dots of Labcoin. So one of the founders of Labcoin is 'Fabrizio Tatti' owner of iTec-Pro. People discovered his sister Alessia under her skype account Delaria, chatting about beginning the Labcoin project: http://pastebin.com/1Rq8r4UWConfirming Labcoin = Delaria : https://bitcointalk.org/index.php?action=profile;u=120219Searches of Alessia(Delaria) point to a prior scam involvement with Alberto Armandi. They are husband and wife. http://www.ripoffreport.com/r/ENSO-Co/internet/ENSO-Co-Alberto-Armandi-Alessia-Tatti-Promoting-ZenPad-like-the-IPAd-and-will-take-you-590629 owner of the vaporware scam company Enso: http://www.engadget.com/2010/04/09/ensos-zenpad-is-vaporware-get-refunds-while-they-last/Alberto is also a notorious scammer in the bitcoin community: http://codinginmysleep.com/lessons-learned-from-the-bdt-fiasco/Upon searching Fabrizio Tatti's friends list on Facebook, we see a direct match, he is affiliated with both scammers: https://i.imgur.com/pWl3uCS.pngLabcoin overview listing main players: https://i.imgur.com/nE7pVnT.pngNoi, Wang and Sparmann downplay their affiliation with Labcoin, or are unreachable. Fabrizio plays dumb: https://i.imgur.com/TolLKn6.pngAlberto and Alessia I believe are playing under the Labcoin account. Compare Labcoin's responses to Alberto response's during his bdt scam: http://imgur.com/SJ47B8dThere is also evidence that TheSwede, the PR spokesman, took a 950 bitcoin payment to front the scam. http://imgur.com/rbnK68TAt the time Labcoin went live, TheSwede was on the forums trying to buy cars and Rolexes. http://imgur.com/bCNv8BkTLDR: The Labcoin scam has stolen 7000 bitcoins from the community + countless others who bought through day-trading. EDIT: Labcoin responds: https://bitcointalk.org/index.php?topic=263445.15960 "We will explain everything tomorrow on IRC" Not a scam? ?  So where's the actual evidence? Someone called "agath" and someone called "delaria" had a conversation about involving bitcoins and ASICs. There's no mention of Labcoin or iTec Pro Ltd. Doe that prove Labcoin to be a scam? No. The forum profile skype name does not confirm that Labcoin = delaria. I could set mine to "delaria" if I wanted to and there is more than on user on the internet called "delaria". That ripoffreport is just a rant from a single dissatisfied customer. There is no evidence showing that TheSwede took 950 BTC, just FUDsters suggesting it. What TheSwede was buying with his BTC at the time of the IPO is irrelevant. So, your "evidence" for Labcoin being a scam boils down to Fabrizio Tatti being Facebook friends with a scammer. No evidence, all of this is just one massive coincidence related to the fallacy of labcoin. Get a grip of reality, i'm sure your in denial as you want hope that your shares might go back up, i've been burned too by this stock, i was hoping the same thing, but shits gotten real and its time to man up and accept your losses and that this is a scam So, what you are saying is that there is no evidence of Labcoin being a "guaranteed a known scam"? You were just telling lies? Who would have guessed? |
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It is looking bad, but this has altered the risk reward ratio.. More risk and a much higher reward. I've bought some more as I love a gamble.. The whole premise of this from the beginning was a 1 in 10 shot of it happening. Now they have chips, but they are fucked or the pcb is fucked. Either way I don't believe it is vapourware or a scam. Ill be a bag holder if it is a scam, but that's why I've invested what I can afford to lose. I won't be bankrupt, I will be pissed off that I made a bad call. If people are investing more than they can afford to lose then they are the fools
Read the past 5 pages to aknowledge this is guaranteed a known scam, you are not gambling you are throwing your money down the bin.but hey maybe you hit my sell orders There hasn't been a single scrap of evidence showing that Labcoin is "guaranteed a known scam". copy and pasted from reddit as i can;t be bothered to write this all up my self........ All this info is public so does not count as doxxing or a witch hunt. This is merely connecting the dots of Labcoin. So one of the founders of Labcoin is 'Fabrizio Tatti' owner of iTec-Pro. People discovered his sister Alessia under her skype account Delaria, chatting about beginning the Labcoin project: http://pastebin.com/1Rq8r4UWConfirming Labcoin = Delaria : https://bitcointalk.org/index.php?action=profile;u=120219Searches of Alessia(Delaria) point to a prior scam involvement with Alberto Armandi. They are husband and wife. http://www.ripoffreport.com/r/ENSO-Co/internet/ENSO-Co-Alberto-Armandi-Alessia-Tatti-Promoting-ZenPad-like-the-IPAd-and-will-take-you-590629 owner of the vaporware scam company Enso: http://www.engadget.com/2010/04/09/ensos-zenpad-is-vaporware-get-refunds-while-they-last/Alberto is also a notorious scammer in the bitcoin community: http://codinginmysleep.com/lessons-learned-from-the-bdt-fiasco/Upon searching Fabrizio Tatti's friends list on Facebook, we see a direct match, he is affiliated with both scammers: https://i.imgur.com/pWl3uCS.pngLabcoin overview listing main players: https://i.imgur.com/nE7pVnT.pngNoi, Wang and Sparmann downplay their affiliation with Labcoin, or are unreachable. Fabrizio plays dumb: https://i.imgur.com/TolLKn6.pngAlberto and Alessia I believe are playing under the Labcoin account. Compare Labcoin's responses to Alberto response's during his bdt scam: http://imgur.com/SJ47B8dThere is also evidence that TheSwede, the PR spokesman, took a 950 bitcoin payment to front the scam. http://imgur.com/rbnK68TAt the time Labcoin went live, TheSwede was on the forums trying to buy cars and Rolexes. http://imgur.com/bCNv8BkTLDR: The Labcoin scam has stolen 7000 bitcoins from the community + countless others who bought through day-trading. EDIT: Labcoin responds: https://bitcointalk.org/index.php?topic=263445.15960 "We will explain everything tomorrow on IRC" Not a scam? ? So where's the actual evidence? Someone called "agath" and someone called "delaria" had a conversation involving bitcoins and ASICs. There's no mention of Labcoin or iTec Pro Ltd. Doe that prove Labcoin to be a scam? No. The forum profile skype name does not confirm that Labcoin = delaria. I could set mine to "delaria" if I wanted to and there is more than on user on the internet called "delaria". That ripoffreport is just a rant from a single dissatisfied customer. There is no evidence showing that TheSwede took 950 BTC, just FUDsters suggesting it. What TheSwede was buying with his BTC at the time of the IPO is irrelevant. So, your "evidence" for Labcoin being a scam boils down to Fabrizio Tatti being Facebook friends with a scammer. |
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