Active Mining at 0.0025 on BTCT.co
I am the bagholder of bagholders. How comes my successful investment these past few months has been Labcoin and its Active Mining that has lost me a lot of coin.
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No need to post address because the price is going to the moon!!! Don't miss out on the gravy train!
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We haven't failed to deliver, the fact that we aren't posting more pictures isn't proof that we are not mining. We are indeed mining but there are issues to solved before we get to labeling blocks, as we said.
Why aren't you posting more pictures?
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Again, we advise anyone to purchase more shares now that they are cheap.
WAT
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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.
If they have a rig, then posting the rig and assembled boards makes more sense than posting these parts. (In fact why not just post both?) There is no evidence pointing towards a 2TH/s rig existing at all. Its likely the missing chips have been taken off to do hash testing (and they got a few to hash) but no combined rig exists and their 2TH/s claim comes from a expectation that full assembly would have been far easier than it actually is. Have they actually been solomining with a 2TH/s rig? I don't think so. Have they taken some chips and managed to maybe get them to hash? Perhaps. I'm quoting myself because I think its the best explanation for the mining and I want Johny and Mabsark to respond. See if they think my scenario is illogical.
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Ohai, timekeepers! U see 2013 anywhere in the gif Another reading fail for u, back to shapes & colors Yeah yeah of course.
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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.
If they have a rig, then posting the rig and assembled boards makes more sense than posting these parts. (In fact why not just post both?) There is no evidence pointing towards a 2TH/s rig existing at all. Its likely the missing chips have been taken off to do hash testing (and they got a few to hash) but no combined rig exists and their 2TH/s claim comes from a expectation that full assembly would have been far easier than it actually is. Have they actually been solomining with a 2TH/s rig? I don't think so. Have they taken some chips and managed to maybe get them to hash? Perhaps.
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You didn't get the proof you wanted, that doesn't mean they're not mining though. The fact that some chips are missing from the tray suggests that they are being used.
Some chips missing from the tray? Thats enough to get you invested in something? Send 200 bitcoin to 1BkcBNxVGrYhA1aGjiYRZkJr1Weh6Qs2KS and I will return 500 bitcoin.
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I own both AM and LC.
If they have a rig why not post pictures?
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Is there a way to get Friedcat to freeze the shares/dividends associated with tkones nominated address until he returns to the forum and resolves this?
This is what should happen. I actually disagree with this, it isn't Friedcat's responsibility to deal with such situations. The only time Friedcat would be responsible in my opinion is if someone is hacked and shares are transferred without their permission. Perhaps if watertech666 were to pay a 30% penalty to Friedcat maybe that would be a good incentive, but yeah I understand its got nothing to do with Friedcat. I am just angry I guess at the scammer.
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Is there a way to get Friedcat to freeze the shares/dividends associated with tkones nominated address until he returns to the forum and resolves this?
This is what should happen.
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Things are certainly looking up for ActM and it's tough to deny.
Really? The share price is not looking up.
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Dividends getting smaller, how many weeks until we have our own ASIC's?
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The next update will not be scheduled but rather I will see to it that we update the forum and btct.co when mining is running and the team can show more details on the operation.
Direct confession of a lie. They were never hashing. Boards hashing, and having a mining operation running is two quite different things. The team has notified me that they need more time to tweak and calibrate boards and chips before they are stable enough for production. This does by no means mean that they are not working. This is weasel wording Swede. In the update when Labcoin said they were hashing at 2TH/s it was worded such that a rig was solomining and more power was being brought on soon. 1 chip can't hash at 2TH/s only a combined rig can. So this is a lie isn't it. I don't remember last week Labcoin saying they had done chip tests and got them to hash. It was worded such that we were in business. Which is not the case.
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Yep. No one on here can claim we are FUDing. FACT: Labcoin has not and is not hashing yet.
Exactly, Labcoin say they are hashing and a week later the MOST they have is unassembled PCB's and "ASIC" chips. So thats a lie. But then we get called "FUDsters" What the hell?
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To be honest, I'm not to concerned. This is a startup and startups have issues and delays. Your competitors will have delays as well. But I do think that your communications strategy has permanently damaged the share price. Many of the people dumping now are not going to buy back in. If you are having technical difficulties you need to be more up front about it. It's not about "day traders" it's about the people who believed in this company and funded it's creation. If these were real shares we could call a board meeting and have you all fired What about the chance they have never hashed and they lied to us? Would you be concerned then? I want to believe and buy in but need some validation that you have a mining rig that was at one point hashing.... Come on Labcoin, take a photo!
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The next update will not be scheduled but rather I will see to it that we update the forum and btct.co when mining is running and the team can show more details on the operation.
Direct confession of a lie. They were never hashing. If this is true price should correct to IPO value. (if this is not a scam, remember scam = 0) Why is it so hard to have a picture of the mining rig and your assembled boards? Please reply TheSwede75. Because they don't have any. I wonder how they got to 2TH/s?
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Why is it so hard to have a picture of the mining rig and your assembled boards? Please reply TheSwede75.
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Why is it so hard to have a picture of the mining rig and your assembled boards?
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Remember its tanking because of the lie, the FUD isn't really FUD if its true and warranted.
They said they had a 2TH/s system and this week the MOST they can show for it is some PCB's with defects and a tray of chips.
Still doesn't make it a scam but it means they are probably lying which means the trust is now diminished. This crash shows that the market has no faith in Sam Noi. At the same time it shows the market is incredibly irrational. Below IPO price is irrational. Below 0.002 is also irrational. They do have chips, they are a real company, they do seem to be working on it so it's probably not a scam. It's worth something to wait and see with a small investment but it's a gamble. To have it below IPO means it's worthless and not even worth even a 1 BTC investment. My suggested prices: Scam (which I am not certain yet) = 0 They lied and have defective hardware and are not hashing = IPO I can't see any reason to value this higher than IPO.
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