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1  Bitcoin / Legal / Re: labcoin lawsuit on: December 05, 2013, 06:38:15 AM
0.1 btc sent, i have 7500 shares.. would give more but i don't have alot of bitcoin after currently taking 100% loss in labcoin & actm

and once again, i can verify that virtualspade is 100% trustworthy as i've known the man personally for years. We are all very lucky that we have someone willing to do some real work.

I'm looking forward to the next beer with virtuals so i can ask him about the progress in person.. bitcointalk has been such a depressing site last 6 months.

Personally, if i ever get anything back from Labcoin, i will give 10% of that to virtualspade for his efforts.

Now back to blaming myself for ever getting involved with these mining companies.. It is true what they say, that most of man's problems stem from his inability to just sit in a room and do nothing.

2  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 08, 2013, 11:24:07 PM
This song goes out to my Bitcoins which are in ActM shares...

http://www.youtube.com/watch?v=9N1DSccGy4A

lol..
3  Bitcoin / Legal / Re: labcoin lawsuit on: November 08, 2013, 09:10:27 AM
However, we as a community need it to be vouched that this is not a follow up scam, and that you yourself are not a scammer. I personally do not think this is the case, but we need some additionally info by which to judge your trustworthiness(or anyone's) to communally stop the scamming. I know some people will be afraid to submit info to you as it currently stands.  Undecided

I'm not sure about how any payments to the lawyer are handled, but I just wanted to confirm that virtualspade does an awesome job behind the curtain and this thread is legit.

I agree. ^

Yes i can also confirm.
4  Economy / Securities / Re: [CRYPTOSTOCKS] Labcoin Official Thread - Self-Moderated on: November 05, 2013, 09:21:08 AM
This is his second post, and the last one (also his first post) was on August. Interesting. Nonetheless, I agree with him in principle. The best solution is to respect the law. But back to the reality, we know some members here are in the 'grey' world and it's really a bad idea for 'Sam' to piss off them.

I have been on irc for over 20 years using this nick. I am posting this from the same ip which is traceable down to my front door. I'm a small blond finnish dude, and i have nothing to fear, many ppl will vouch that i am certainly no sam.

I am also aware that the NSA's Tailored Access Group is walking around inside this desktop at this very moment, as they are inside all of your computers as well, linux, bsd, windows it makes no difference, if they want in, they are in.
5  Economy / Securities / Re: [CRYPTOSTOCKS] Labcoin Official Thread - Self-Moderated on: November 05, 2013, 08:37:00 AM
As I hope Nine Lives is successful in his search, just want to let the fellow people who've been screwed know the following, I have lost big in this scam, but luckily have already made it all back again thanks to explosion in BTC value over the past week. With the recent uncover of information on the Identity of who started this scam, Ive employed a very well know International Private Investigations contractor, given them a few good leads on the location of the suspect Mr. Noi (will refer to him as such for personal legal reasons). They have been instructed to follow and remain unknown, when they locate Mr.Noi. I have also contacted a good friend of mine who is what you could say involved in some gray areas. He will be transporting Mr. Noi once found, to my old friends tribal reserve located in in asia, where upon my contacts request he will be put on trial in front of the village elders for theft of Money directly tied to the tribe, as this will be covered in my direct donation. It will then be up to the tribe to decide his fate. All this of course will be legal as in the territory I speak of they are granted personal right to deal with law breakers as they see fit. Fuck you, Sam Noi. Will see you sooner than you think

I'm not happy to post on this thread, but i feel obligated now

I would seriously, very seriously recommend you not to do this. Regardless of the fact that money has been lost, kidnapping and possible torture should be absolutely out of the question. That would only sink the perpetrator and anyone advocating for that to an ever lower level than the original perpetrator himself. This is a human being, all actions should and must be done according to the law. Taking the law into your own hands just makes you even more of a lowlife than Sam. Why would you want to sink yourself to the same or even a lower lever, moral highground must be kept at all times in this case.

Also be aware that if you travel to another country even just to try to find this person without involving, and completely handing over the case to local authorities, you are very likely to face charges of international espionage and even terrorism, in which case your lost btc will be the LEAST of your problems.

Again, i would SERIOUSLY recommend you DO NOT DO THIS.

Just let the water flow under the bridge for some time, one never knows what fate has in store for any of us, or Sam/Fabrizio/Whatever
6  Other / Beginners & Help / WSJ Avalon article and the future of bitcoin on: August 06, 2013, 06:23:14 AM
Hello

A few comments about the recent developements regarding ASIC mining..

It's pretty amazing that the WSJ goes ahead and publishes an article on sunday night without any fact-checking whatsoever

[Suspicious link removed]j.com/article/SB10001424127887323997004578644491403250124.html

It gets hilarious when the 'billionaire investor' mentioned in the article has to go on cnbc monday morning to refute the whole deal:

https://twitter.com/ScottWapnerCNBC/statuses/364370798892421120

Be as it may, to me this indicates that something is really brewing under the surface.
I get the feeling that the current valuation of ~100 USD/BTC is just too small, I would not be surprised if the price of btc would jump 10-fold in a very short time at some point.

If this happens, the question for the LTC investors and miners becomes, will LTC follow?
LTC is a very important part of the cryptocoin ecosystem, it together with a few other coins, like Feathercoin, is currently the only way to profitably mine BTC for the normal hobbyist at home (by mining altcoins with GPU cards and exchanging them for btc).

One interesting point is that if, let's say just for argument, btc goes to $1000, and LTC follows with a 10-fold increase in value measured in USD, then keep in mind, that as long as there are no widely deployed, cost-effective scrypt-based ASIC mining hardware, the value of all those used Ati GPU cards, like the 6xxx series and 7950/7970, will also rise 10-fold.

so that used 7950 u can find for about $200 on ebay today would trade for $2000.. Not a bad investment in itself.

Even if scrypt-based ASIC miners will eventually appear, it will take a long time from now before they are widely available to the public. Just food for thought.

Cheers
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