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721  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 29, 2013, 07:32:06 AM
Those who concluded this is a complete scam please explain how this scam works? Who not just go with $700k and run away, actually they could get double of that value then. Why waste so much time just for the rest 30%? I cannot understand the logic.

Because this was planned as a long con, not just a quick 700k. They made a lot more than that.

"Why waste so much time just for the rest 30%?"
First, it wasn't as much time as you're thinking... What did they have to do? just follow this thread like most of us did, and post delay after delay in stupid one-liner posts. Make some bad photoshops when pressure for proof gets too high (since there are enough suckers who'll gladly fall for some fake proof - yeah ytterbium, that's directed at you) - but that's about it. It's not really a job that keeps them very busy...

Second, these "rest 30%" were at times traded at 4x the IPO price. And they probably planned on pushing it up further, meanwhile gaming the market and making lots of money by trading. There is absolutely no doubt that they could make more money this way compared to just running away after IPO.

And third, and most importantly, because doing it as a long con (con comes from "confidence") creates an uncertain atmosphere around the victims, exactly what we have right now. Some people still believing that it's not a scam, some frustrated, everyone just falling over each other discussing it to death...
If they just ran away immediately with the money, everyone here would be happy holding hands and trying to bring them to justice. Instead, right now, how many are talking to the police, how many are planning to? It gives them time and it exhausts the collective need for justice.

+1111111

Well they are going to have to run and hide with that money from the police, as i think its safe to say we now do know their real names are valid and they can be tracked down
722  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining on: September 29, 2013, 07:29:02 AM
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
723  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 28, 2013, 10:22:22 PM
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.


 Shocked
724  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 28, 2013, 09:54:25 PM
I've reached out to fabrizio yesterday.

I am waiting for his reply. 

How? email? voicemail?
725  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 28, 2013, 09:35:08 PM
Howard Wang

- Team Leader at Research Institute of Tsinghua University in Shenzhen




So surely we should be getting on the phone to the


''Research Institute of Tsinghua University in Shenzhen''

If we do this we could find out if Howard Wang is even a real person or an alias or whatever, i would but unfortunately i do not speak chineese

Administrative office: Room A402,the Research Institute of Tsinghua University in ShenZhen Building.
Address: Shenzhen High-Tech Industrial Estate ,Nanshan, shenzhen
Tel: 86-755-26551329
Fax: 86-755-26551038
Postal Code: 518057
E-mail: xiefy@tsinghua-sz.org
To visit us: By bus?Airport Line 8, 20, 51, 109, 121 Stop: Baishi Road

...
Secondly

Fabriozzi itec company is in

Unit 1010, Miramar Tower, 132 Nathan Road
Tsim Sha Tsui, Kowloon
Hong Kong,
HONG KONG
This location is infact a shopping center which probably has lots of small shops in it, which i presume itec would be one of them, therefore you have to ask the number below for itec pro store and undergoe further investigation such as asking if their is a shop and who owns it, etc etc, as these jerks behind labcoin are supposedly the ceo of this company

Hong Kong Office - Headquarter
Primary Contact Method

  Address : Unit 1010, 10/F, Miramar Tower, 132 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong
  Email : Info@AsiaBS.com
  Tel : (852) 8102 2592
  Fax : (852) 8102 2593
Secondary Contact Method

If above primary contact do not work, please use below (which may happen when client is from certain country)

  Email : AsiaBusinessService@Gmail.com
  Tel : (852) 3188 3539
 

This once again needs a call to make sure the information stated is correct that fabriozzi actually has an itec company, and would actually confirm the identity of samuel noi, if anyone can speak japanese please call them and pick at the reciever with lots of questions, also get the store number for itec pro, so you can pick at the emplyees with lots of questions, i don;t think we can take anything for facevalue anymore, we need to find if any information is true which they have given us
726  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 28, 2013, 08:29:28 PM
why is labcoin going up?HuhHuh
727  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 28, 2013, 07:22:36 PM
I'm taking 1 BTC and .5BTC bets that LC is at .0001 in 24 hours. On your honor and name. I have 10 BTC to spare

Just a public reminder to moneymanagement that he hasn't made good on our 1BTC bet that ended yesterday.

moneymanagement, if you weren't just looking to scam, please send the payment to my address at 16caqdKMggN2WzHx7znW9pwGt8b5G8sZMv
What did you expect? This is why I stated escrow mandatory for my bets (that one dared to take).

Still, if he doesn't honour his debt, a scam tag should/will be enforced.


So money management should  be given a scam tag due tot he 1btc bet,

However no mention of labcoin being given a scam tag for their 1 million dollar bullshit
728  Economy / Auctions / Re: [Auction] 100 units of Block Erupter USB from 5 BTC on: September 28, 2013, 06:45:21 PM
10.2
729  Economy / Auctions / Re: [Auction] 100 units of Block Erupter USB from 5 BTC on: September 28, 2013, 05:28:20 PM
10
730  Economy / Auctions / Re: [Auction] 100 units of Block Erupter USB from 5 BTC on: September 28, 2013, 10:27:11 AM
i'm from london too- can i pick up
731  Economy / Auctions / Re: [Auction] 100 units of Block Erupter USB from 5 BTC on: September 28, 2013, 10:26:26 AM
9
732  Economy / Auctions / Re: (WTS) Auction for 16 Bitfury BF1 USB miners on: September 28, 2013, 10:00:07 AM
i bid 10 btc
733  Economy / Auctions / Re: (WTS) Auction for 16 Bitfury BF1 USB miners on: September 27, 2013, 07:54:40 PM
escrow?
734  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 27, 2013, 07:40:27 PM
never urged anyone to buy shares, cry more, they can still hit 5BTC a share with hashing and hardware sales, if they actually deliver.

dude, I was there, don't act like it didn't happen.  We all remember.

They can NEVER hit 5 btc a share.  Ever.

show me your tears of rage
I can show you where I sold at .0038, and you held until .00038...


true. 5 btc a share would value their company at over 1 billions dollars. Just stupid to claim that

735  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 27, 2013, 07:35:13 PM
I never cheer-leaded them, just rebutted people who called them a scam.

bullshit!  you are so full of shit.  You were cheerleading and claiming 5 btc/share.  Don't act like that didn't happen.


It's like talking to 5 year olds, they probably have no chips or else they would of posted pictures by now.
isn't that what the "fudsters" were saying 2 weeks ago when you were urging people to "buy cheap shares" when the price was .003?



never urged anyone to buy shares, cry more, they can still hit 5BTC a share with hashing and hardware sales, if they actually deliver. show me your tears of rage

 Roll Eyes
736  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 27, 2013, 06:20:15 PM
Who are 'labcoin liars' pn BTC guild

19   labcoin liars   1,053.39 GH/s
737  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 27, 2013, 06:09:12 PM
 Grin Grin Grin Grin Grin Grin Grin
738  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 27, 2013, 05:21:58 PM
FWIW, I received a 6 BTC refund 2 hours ago from a group buy TheSwede organized. Seems odd to me that a scammer would be kind enough to do that.  Grin

that does seem odd, the plot thickens
739  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 27, 2013, 04:21:44 PM
we need bitcoin talk to give us the IP adress of the swede and others involved
740  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: September 27, 2013, 11:13:17 AM
Have we got the full names of those. Behind lab coin if this turns out to be a scam ?
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