oh, thats scary, but alot hassle if he is for real
He would probably take a yearly management fee or something, to make it worthwhile. |
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Yes, its all of ua USA'rs fault, die USA'rs. Stop being stupid, there is no government out there that's doing its people any favors.
Well most Governments don't try to control the entire world. That is the difference. |
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A solution is being worked on now; there are multiple to choose from. For US citizens that wish to remain on BF i may be able to act as a proxy for you as i am not in the US.
that wont work, becuase Weexchange will want individuals documentation uploaded and should match contact details, your service will not work. becuase BF and Weex are linked togther, they properly have mechanism to indentify conflicting ip connections. well he might proxy BF, but not Weex, is becoming now more confusing  I thought he meant that he would hold shares on your behalf. So your not connecting or anything but issuing your buy/sell orders to him and he executes them on his account. |
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Well I am not really sympathetic. I don't live in the USA yet my own investments are being eroded away due to all this drama with your SEC and remember, you voted in your leaders.
You reap what you sow.
I prefer a world where there are no Bitcoins in the USA at all. How awesome would it be if the USA missed out on the cryptographic economy completely while the rest of the world surges ahead?
Time for Bitcoin to grow up and become the worlds economy, excluding the USA of course. I knew all along the USA and its goal to control and know everything was incompatible with Bitcoin.
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HEY UKYO.
HOW ABOUT WE FIGURE OUT HOW TO MAKE GOOGLE 2 AUTH STABLE.
I have had to re-enable 2-factor auth about 10 times in a month, and now im finally locked out of my account.
THIS IS NOT ACCEPTABLE, 2 FACTOR IS THE MOST IMPORTANT SECURITY FEATURE AND YOU CANT GET IT TO WORK PROPERLY? WHAT IS THIS
What the fuck is the point of 2 factor if the keys are changing on the account every day?
honestly what the fuck!!!! Send me an email address I can get support ASAP.
I need to be signed in to put in a ticket and your password recovery only works for passwords.
I have never had an issue with 2 factor, your clock on your phone is probably slightly off causing the wrong key to appear sometimes. |
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What a joke this is.
Ken, are we screwed?
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Its over, no buyback needed.
I doubt we will ever hear from Labcoin again.
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he said he was travelling
Come on! He has been travelling for the entire duration of this company! Wow! Its either "I only got paid 10 bitcoin, sad face" or "I'm/he is travelling" or some other rubbish. Company takes on $700,000 of investment and there are no late nights? No crazy sessions getting everything together? No communication? And you believe this? A friend owns a company that has manufacturing issues and he is working constantly, and communication is one of the founding pillars of any business. But no! We can excuse Labcoin because the chips are more important, well guess what!? no one in this company gives a shit. The only people that care are the investors. This is not how a business is run. Not at all. Travelling. And you're ok with that? 2 photos were ever published, no rig was ever seen. They had a Q&A and had communication issues. How does a internet connection have issues, unless you are in the desert using satellite internet. This is why I was put on the ignore list, because I talk goddamn sense! |
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... Don't blame it on others, especially not those who are trying to help now. i blame howard abit, he just turned away after noticing labcoin is listed with his name in contract while in reality he already left them before labcoin came into btct, he should feel bad, honestly. now is way too late when his emails came to light Another aspect of this scam, everyone including Howard are going to be playing the innocent person taken advantage of. What I mean is everyone will be saying how they were promised pay and made only 10 bitcoin. I am very sure everyone in this scam has made bank. Howard has most likely made much more than 10 bitcoin. But yeah you guys trust the scammers and the scamming downtrodden employees. |
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well when btct shuts down, then this so called electronic shares, vanished, they can delete logs they have, and dissolve labcoin project from itec, so i mean as if they gonna care about buyback, and shares it self, the whole thing.
they can dump the remaing 2million or so and run away now, yet they didnt, wait a min, maybe they did dump all share slowly after we knew the 2million share left, and only investors are ripping them selfs
If they own 90%+ of all shares, how can they dump? They would just be dumping into their own hands. I just suggested a buyback because I reckon only a few hundred thousand shares are left that are not owned by Labcoin and thus it would be much easier at this point in time to just payoff the remainding shares and be done with it. I see no situation where they need to dump a large amount of shares, they can pull off the scam without needing to. |
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Apparently Fabriazio and Allesia Totti need to be reported to the police as soon as possible. Fabriazio is who running the company and signed the contract. Both TheSeven and Howard can prove Allesia is the one hired them and initiated this project and she was still involved at least on 20 Aug (she contacted Howard that time). They know whether 'Sam' exists or not. But even 'Sam' exists, they are as liable as him.
Well if these people have scammed everyone they need to be doxxed asap. I get the feeling they are going to get away with it. |
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Yes, I've sold all my shares. But it does not mean we have no right to sue them without shares. Scam has to be punished no matter we do or don't have their shares.
Well I wish you luck, the scamming in this community has to stop as its just disgusting. But who do you sue? From what I have read every employee is passing the buck around. Someone has thousands of Bitcoin and needs to be taken down, but who? |
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I don't think Labcoin is similar to ActM. ActM at least has a contract with eAsic and it's possible for them to get real chips and build real mining rigs. Labcoin is just one-man keeps lying.
They are different, Labcoin is 99% a scam and ActiveMining is just too far behind. ActiveMining was meant to have several TH/s in August, we are that far behind now. EDIT: In fact Labcoin had more hashpower than ActM at one point. |
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Moreover, even they buyback all the shares at current price. They are still guilty and the witch hunting should not stop at all. We should not tolerate any scam if we want a better bitcoin world.
But ask yourself, who has shares left? Almost everyone is gone and has moved on. Only the last shareholder might complain. |
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Actually now you are suggesting people to hold the shares in the hope of they finally refund them.
Actually I am not suggesting to hold the shares, if this is a scam I expect a buyback at some point but I doubt it would be anything significant. Think of Labcoin and Active Mining as a stupid tax. I would think a reasonable buyback at 0.0001 otherwise they are just giving bitcoin away. Disclaimer: I held Labcoin and sold, but I also hold Active Mining and am one of the "stupids" unfortunately  EDIT: remember the buyback amount depends on how many shares they have acquired using other accounts. If I am wrong and they hold less than 95% of shares, then the buyback would have to be far less than 0.0001 to make the scam worthwhile. If they hold 99%, they might just not bother with a buyback at all because not enough people will be left to complain. Labcoin owns 99% shares, reasonable buyback = 0 (no point, not enough share holders to complain) Labcoin owns 98% shares, reasonable buyback = 0.00015 Labcoin owns 95% shares, reasonable buyback = 0.0001 Labcoin owns 90% shares, reasonable buyback = 0.00005 Labcoin owns 80% shares, reasonable buyback = 0.00001 |
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funny thing, its kinda last day until trade stops, if they are scam, the bid should have collapsed to zero by the 2 million share dump, but they didnt.
also keep in mind, burnside added for us another 24 hour, which we didnt know before btct down, so if labcoin hurried to dump the 2million to get away, they would have been exposed, becuase burnside added 24hour again, yet they didnt dump.
if they did and crashed it to zero, then burnside added 24hour again, then i bet burnside will notice it too(properly take action). yet again, labcoin didnt dump, seems not scam.
think clearly guys, they didnt dump as we thought, assuming bitfunder wont take them, and investors hate them.
it could be legit with seroius poor working/communication problems, or they are so smart, and want to continue this crap to bitfunder and continue milking us.
Do you want to know what the most likely case is? They have been buying shares back for a while now and have no need to dump. Most of the investors have already got out even taking huge loses. At the end of this saga, they will own 95% of the company and have several thousand Bitcoin to spare (as they started to buy back shares after they fell past IPO price) Once they have drawn this out for long enough they will offer the small amount of remaining shareholders a buyback price. Only a few hundred thousand shares will remain and it will stop the witch hunt that might follow. Think about it, now they don't need to worry about 95% of the shareholder because only a few remain. They are the majority shareholder. They could even pay out 100% of remaining funds NOW to the shareholders and they would in effect pay off the 5% of real shareholders left and they get the rest. Not bad for a few months work (3000 - 6000 bitcoin left) Remember IPO funds were for 65nm, and we never even got the legacy 130nm to work. EDIT: I doubt the bagholders will see this as I am on their ignore list after telling people to sell at 0.002 |
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Did we ever get to the bottom of the 800GH/s? Was it Labcoin chips after all?
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btc.co is down. labcoin is dead.  Not to sound like a jerk, but who was holding this far anyway? When I told people to sell I was put on ignore lists and labelled a "FUDster". The stock ended up 20 times lower than when I was "spreading fud" telling people to get out. I don't even understand why there was heavy buying action just hours before the close. |
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This webpage is not available Well everyone was given warning that it would be soon. Now btct.co is over. |
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The boards are being designed in house I think, so they could very well explode too.
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