|
1122
|
Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
|
on: September 14, 2013, 12:30:38 AM
|
My prediction:
It's going to be a picture of two dudes on a beach somewhere in French Polynesia holding a sign that says: "Thanks for the BTC"
Or at least I hope it's like that because, holy shit, that'd be legendary.
Haha that would be awesome. Did any of you notice that they're doing this announcement on Friday 13th? Would be the perfect date to do this  Labcoin is actually a plot by the Knights Templar to get back at the Catholic Church - will be revealed. |
|
|
|
|
1128
|
Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
|
on: September 12, 2013, 10:18:06 PM
|
The most concerning part is the flip from *we are mining* to we having issues in deployment... so it worked then it broke? Or were you just faking to everyone?
Anyway, l will be keeping track and hope something real positive is posted soon.
All he said was "We're sorry for delaying but we're struggling with deployment operations and time is money, we have to set priorities according to our goals." Given the language barrier, "struggling with" probably just means working hard on the deployment of future mining stuff. He didn't say anything implying they weren't really mining the already announced hashrate. Thing is, even if they were having some issues getting their chips running at full-go that would not explain why they can't post some images of the half-functional or even totally defunct boards. Whether they work or not is irrelevant, it seems as though they don't even have their boards assembled. If I want to sell my 20 year old non-functional car, the fact that it doesn't run doesn't prevent me from posting pictures of it. I can't post a video of it running but I can show some images of it sitting in my garage. |
|
|
|
|
1129
|
Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
|
on: September 12, 2013, 08:39:49 PM
|
Labcoin has delayed hashing evidence again and claims "2 weeks" before block stamping starts. Why not start right freaking now?
Because they are not hashing - it's the only answer.
So the real question is - what are they trying to cover up?
I think the entire 130nm plan was just a means to buy time until the 65nm. IOW, it doesn't exist in any way. |
|
|
|
|
1135
|
Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
|
on: September 12, 2013, 05:12:23 AM
|
I want all of you to consider this:
Burnside has already confirmed that the vast majority of Labcoin shares are owned by an account he knows to be controlled by Labcoin.
If Labcoin were a scam, then the people involved would already know this, and of course would be monitoring the share price pretty closely.
As far as I understand, Burnside hasn't 'officially' locked those shares, and yet there has been no massive selloff from that account. Wouldn't you think that if it were a scam, the Labcoin account would try and get as much for those shares before they completely crashed?
But this hasn't happened.
Yes, many people here are concerned that an official response has not appeared to quell the FUD. If Labcoin were a scam, I would expect terror-filled scammers to be filling this thread with warm reassurances to prop up the price of the shares until they could squeeze out as much as they could.
Yet this hasn't happened. Why? They know it isn't a scam, and their future profits rest on the hero's portion of the dividends they will be receiving, not the price of the stock to sell off.
This is why I take their relative silence as a comforting sign. I would be far more concerned if they magically appeared at Limbaugh's sardonic tirade to attempt a 'feel good' PR response.
But please understand, I am a bear of very little brain, and long words bother me.
Because they haven't paid the fucking dividend yet when they get to raise the share price and dump! Jesus christ you guys are fucking retarded. Just because they haven't sold off all their shares at the moment doesn't mean they don't plan on doing so! And yet another one of the unfulfilled promises. "Share-locking" |
|
|
|
|
1136
|
Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
|
on: September 12, 2013, 05:00:47 AM
|
Lets not forget the faked chip order documents with the Photoshopped logos and cut/paste stuff. Its clear as crystal, yet Labcoin dreams live on.
How do you think real forms are made? You don't think it involves cutting and pasting? No, usually people have templates made that you can fill in or a program that takes the information and includes it in an automated thing. Logos are included in headers and such. I guess if the company is just really sloppy. I'm just saying, when you look at all the little pieces and all the inconsistencies or the consistent broken promises it forms a big picture. We are dealing with a scam. |
|
|
|
|
1138
|
Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
|
on: September 12, 2013, 04:32:54 AM
|
I want all of you to consider this:
Burnside has already confirmed that the vast majority of Labcoin shares are owned by an account he knows to be controlled by Labcoin.
If Labcoin were a scam, then the people involved would already know this, and of course would be monitoring the share price pretty closely.
As far as I understand, Burnside hasn't 'officially' locked those shares, and yet there has been no massive selloff from that account. Wouldn't you think that if it were a scam, the Labcoin account would try and get as much for those shares before they completely crashed?
But this hasn't happened.
Yes, many people here are concerned that an official response has not appeared to quell the FUD. If Labcoin were a scam, I would expect terror-filled scammers to be filling this thread with warm reassurances to prop up the price of the shares until they could squeeze out as much as they could.
Yet this hasn't happened. Why? They know it isn't a scam, and their future profits rest on the hero's portion of the dividends they will be receiving, not the price of the stock to sell off.
This is why I take their relative silence as a comforting sign. I would be far more concerned if they magically appeared at Limbaugh's sardonic tirade to attempt a 'feel good' PR response.
But please understand, I am a bear of very little brain, and long words bother me.
No, Labcoin was most likely not setup only to scam people for IPO coins and/or speculation on the stock after IPO. That doesn't change the fact one bit about the concerns that people are voicing in this thread about them seemingly not having any clue on what they are doing or being able to show anything to back up their claims. The only logical explanation to this behaviour in my mind is: A) they are behind schedule B) the chips are heavily under performing or not working C) they are stalling investors in order to make up/fix A) and B) also them saying that they want to start focus on 65nm chips before they've posted any proof that they have first gen working?  This sounds exactly like TerraHash and Avalon. If anyone is not familiar with those incidents, head over to the thread and read up. TH has yet to prove they have a K64 working and claimed they would have been ready to have all units delivered by Aug. 15 (this was back before we knew the avalons would be late). But they still don't have them working. TerraHash is now advertising their new plan and Avalon started distracting people with their gen 2 chip when people hadn't even received their gen 1 chips and ASICs yet. They are always trying to divert attention to the next phase when the first phase isn't going right. It makes no sense how so much can be going wrong with all these ASIC companies. They all seem to operate exactly the same - like ASS. Same excuses, same issues, same gameplaying and broken promises. Is there a book on this shit somewhere? |
|
|
|
|
1139
|
Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
|
on: September 12, 2013, 04:26:29 AM
|
Guys if you are competent and you realize that you might miss a promised deadline you log in a couple of hours before and make sure to tell investors that you are the most sorry person in the world. and you then stay in the thread conversing with worried people making them at least feel better.
This is just horrible.
Exactly, only liars would not do this. Yes stay in the thread all day along, and not build your business. If they bothered to do that, they would stay here all day long with the morons on here lmao, then I would be scared. Most of the scammers had one thing in common, they stayed in the thread all day long, because they had the time too, since they weren't building anything. All they have to do is set aside 30 minutes at a scheduled time. This is not that big of a deal. You act like these guys are chained-up in a sweatshop and don't move day or night working on "growing their business". They don't stop to eat, check some emails, fuck, whatever? One of them can take a few minutes to post some images and answer a few questions. |
|
|
|
|
1140
|
Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
|
on: September 12, 2013, 04:22:58 AM
|
More pictures coming "soon" - 14 days ago. This turns the concept of "soon" on its head. How hard is it to take a photo of the full tape reel? How hard is it to take photos of their boards and assembly. We should have all kinds of pictures at this point. Nothing. Another BS. We have documented at least 4 or 5 clear and obvious cases of outright lies. |
|
|
|
|
Show Posts
