If people are stupid enough to make non trivial investments based on trolls posting rather than doing some due diligence, digging and doxing,  its their problem and no amount of warning is going to prevent them from losing their money on this or the next scam. Seriously, unregistered company represented by anonymous poster with dubious reputation and casino links in his signature doing PR? The person collecting the money has no public identity, profile or anything? Should be enough reason for anyone sane to think twice, even if they had a credible story, which they had not.

This doesnt compute. No one so far has ever launched a bitcoin miner without taking preorders months in advance based on guessed specifications. Tested products in stock at launch? Impossible, has to be a scam

On a more serious note, congrats guys. Awesome looking product. I love the company name too .

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.

These nvidia chips had a problem with the underfil that would expand/contract too much after a lot of thermal cycles, causing the solder bumps that connect the die to the substrate to crack over time. Those are not the solder bumps underneath the chip, they are "internal":


Reflowing would sometimes help revive dead chips.

But thats not whats going on with bitcoin assics. Dysfunctional hashing engines within a chip are just a result of die defects during the manufacturing. They are unavoidable. Faulty engines are just disabled to salvage the rest of the die. The same is done with CPU's and GPU's that usually have spare "cores", spare L2 cache etc so that some defects dont render the entire chip useless. Reflowing wont do a thing here. Flashing the BIOS may help if the disabled cores were disabled for economic/marketing reasons rather than for being actually defect, like many AMD GPU's and CPU's, and indeed the BFL jalapeno I believe.

This is beginning to sound more like BFL 2.0 every day.

Unrealistically optimistic timeframes. Plenty of early pictures of PCBs  / components / naked dies / offices. Followed by mostly silence once the chips came in.
Refundable preorders that are no longer refundable.

All thats needed now is a statement that the chip is using way more power than expected but this will hopefully be resolved by a new PCB design and that will happen in the next week or 2.

I hope Im wrong, and I concede its entirely possible and plausible I will be proven wrong, but its hard not to see the parallels so far.

About a million dollars was lost. More than pocket money.

one more thing. The "one day delay until IRC chat" gives alberto the perfect opportunity to study this thread, and then come up with the least implausible story based on what we found out for sure and what we strongly suspect. He wil use that as well as any far fetched theories labcoin believers will come up with. Like I posted a long time ago, its amazing how helpful the bitcoin community is in lending credibility to obvious scams. Scamming here takes no talent really, just sit back, wait and draw on the talent of the community.  

Digging a bit further in to Alberto's past, some clear patterns emerge. For instance, he always tries to hide behind someone reputable. He has been hiding behind Deadterra for bitcoinrebate (whatever happened to that ? http://www.reddit.com/r/Bitcoin/comments/v50jc/bitcoinrebatecom_vaporised/ ), behind Meni Rosenfeld for bitcoindaytrade, this time apparently he couldnt get anyone more reputable than the swede anymore for labcoin Maybe thats why he invoked his brother in law's profile

People unfamiliar with it should read up on bitdaytrade to see just how long alberto will be able to spin this.

Now I will say that in all of Alberto's previous "ventures" there was at least a some truth hidden behind all the lies. Enso did ship out a handful of tablets; they were not original designs as claimed, but just bought from an OEM, they were grotesquely late, didnt meet promised specs and it literally was just a handful (while claiming countless thousands units constantly). Mybitrade also appeared to have some underlying business based on bitscalper code IIRC, even though it never made a dime and all investors were screwed and are still waiting for their money. I still think there is a sliver of truth about Labcoin as well.

I cant find much on wozad, his earliest known venture that by is own admission was total failure too, instead of becoming a $5B business like the projected, but he seems proud of it anyway.

But in the end, whether Alberto is simply the worst 'serial entrepreneur' of all times or just a plain thief doesnt make too much difference for the prospects of labcoin.

Funny, Alessia (Fabrizzio's sister and alleged "mastermind") is supposedly in a relationship with someone else:
https://www.facebook.com/tatti.alessia?and=giacomo.calvia

So if  Alberto is a brother in law to Fabrizzio, does he have more sisters, or is the marriage not a happy one ?

That much was clear to me already from Theseven's own words. Not his fault, but he got hired for window dressing.

Fuck me. Hadnt even realized Alberto its the bitdaytrade.com guy. Lol. Game over for this one.

Here is some doxing on Alberto. A few years old but could still be useful; contains both Italian and Chinese addresses and could be fake:
https://news.ycombinator.com/item?id=1182464
(direct link to his post: https://news.ycombinator.com/item?id=1183647 )

also note his previous occupation involving fake watches.

Someone feel like aggregating the doxing info and what links these people together in a new thread? THis one is a mess.

That report by a single disgruntled ebay customer proves absolutely nothing to me, but you missed the big prize. Check the company name (ENSO Co) in that report, then google on it, and you find this:

http://www.engadget.com/2010/04/09/ensos-zenpad-is-vaporware-get-refunds-while-they-last/

OUCH.

Thats the legal maximum for international transfers. In reality most transfers happen the same day, and if its within the same bank or banking group, almost instantaneously.

If you are considering pressing charges against Burnside, I would advice you to seek legal counsel about your own position first. If you only purchased shares on btcst and you still hold everything you ever bought, you are most likely in the clear. However, if you sold any shares on the exchange, Im far less certain that would not make you guilty of the very same offense (selling unregistered securities).

Yep



Nope.

Only mining revenue drops (per miner or per GH, overall it stays flat). Difficulty has no influence on price.


Transaction fees.

So the point of the exercise is demonstrating just how pointless the exercise is :p
/tongue-in-cheek.

I suggest a separate thread for doxing.

For the record, I posted my conversation with fabrizio earlier:
https://bitcointalk.org/index.php?topic=263445.msg3246741#msg3246741

And howard wang's linkedin profile is also posted several times in this thread, he is no longer in HK, but in the US.

Vpro undeniably has legitimate uses. The problem is one only needs the keys to sign the code to be executed by the vpro chipset to gain absolute and total control over the machine. What are the odds the NSA has not gotten or obtained those keys from intel? Moreover, you may not even need those keys. Many versions of vpro have already been hacked. Google for "Invisible Things Lab".