They have so far, unless you don't believe them. You will find out by the end of the week until then lets please make 100 other pages. The people involved with the project are reputable, they kept their promises of not selling any shares, posted pictures when they said they will. What is the problem besides being mentally retarded or a scumbag FUD spreader?

CLARIFICATION:

The "48 hour" update was made based on information I received from Sam. The problem was that when I made the update Sam had already posted an update in the thread so it became pointless.

I report only information that I receive from Sam, and from time to time Sam posts info here directly due to the fact that time differences sometimes has us not being online at the same time and FUD sometimes needs answering before we can connect.

As for speculation that somehow me and TheSeven is the same person, I can only say that this of course is not the case.

He's not. Vigil is just spinning crazy theories with no evidence except the 7 in TheSwede75's name must mean that he's TheSeven somehow.

I must've missed this. Can someone give me a brief overview of this 'TheSeven' situation. I hear allegations that this person and Swede are the same. Is that the only bit of controversy?

What a shitty thing to say about someone with demonstrated competence. You've proven yourself to be an asshat, which granted, is still two steps above the cockroaches that generally clutter this thread, but worthy of an ignore nonetheless. Good on ya.

Vigil you claimed out of nowhere that swede and seven were the same person because "their names are similar." I'm pretty sure you have no idea what you are talking about and should not continue any conversation on what theseven is or is not doing in relation to labcoin.

We can only speculate since LC isn't saying. If there's a problem with their 130nm chips then they may try to run the clock out until their 65nm chips show up. It's an information vacuum, but the 130nm chips are a stopgap anyway. The real hashrate will come from the 65nm chips.

This TheSeven guy sounds like quite the dude, but can you give us a tldr on why his affiliation with LC is worth so much merit?

I've heard his name referenced many times, but I'm not familiar with his previous accomplishments at all

Correct, but you said:


Which is not accurate. He's involved with the important part of labcoin's venture, and that's a huge plus.

Nope. You have it backwards.

...and we didn't "find out" *I* posted the comments you're referencing.

http://bcoinnews.com/2013/08/08/labcoin-the-seven/

I can’t really comment on that because I wasn’t involved in the development of them besides giving them some general hints what can be optimized etc.
<[7]> i’m mostly involved with the second generation chips
<jborkl> 65nm chips?
<[7]> yes, they are actually developing something, definitely. I just can’t comment on how successful it will be

Yes. Sparmann's involvement in this project is one of the best reasons NOT to sell.

TheSwede75 is just a mouthpiece. If Michael was wasting his time posting instead of doing what he does, then it'd definitely be time to sell.

Do you have any idea who TheSeven is?

The Swede and labcoin are the same person

Lol... none of their announcements should count then because they are all completely empty of proof. And nobody said anybody would be "receiving pictures and details regarding the mining and webpage within 48 hrs." They left themselves open for another empty update whenever it comes.

Since the last collapse cause by TheSwede, all news came from 'labcoin'. Therefore, I don't think anything said by theSwede counts. Maybe what he said just represents himself.

The company is well aware of the need to provide evidence of hashing at this point.

They've had more than enough time to provide this evidence, and they are choosing not to do so.

Why?