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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1040985 times)
matt4054
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September 18, 2013, 08:06:53 PM
 #11281

I would of course argue that the missed deadlines are a direct result of the issues the developers have had and not anyone deliberately misleading anyone. Either way, there is now an address public where pooled mining income will be sent once the software issue that is being worked on is solved. I can't think of a more 'definite' means of communicating the status of the project then that.

A couple of suggestions to improve communication:

* Stop lying, like in "we are hashing at about 2 TH/s now", more than 2 weeks ago
* "We will sign mined blocks in coinbase" you never did
* "We are solo mining" where are your blocks?

Now pooled mining? HOW are we going to be able to CHECK that this is not MORE BULLSHIT AS USUAL? The fund could come from anywhere. No generated blocks, no proof of hashing. At least until you provide a publicly verifiable stats page with an account that you claim to be yours on the pool.

Unbelievable...
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physalis
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September 18, 2013, 08:07:22 PM
 #11282

Still people 'round not seeing the scam?
velacreations
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September 18, 2013, 08:07:30 PM
 #11283

I would of course argue that the missed deadlines are a direct result of the issues the developers have had and not anyone deliberately misleading anyone. Either way, there is now an address public where pooled mining income will be sent once the software issue that is being worked on is solved. I can't think of a more 'definite' means of communicating the status of the project then that.

so, have you been mining with 2 TH/s or not?  yes or no?

If you say no, then you have deliberately misled us. 
If you say yes, then why did you post a new mining address, other than to deliberately mislead us?

ShroomsKit
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September 18, 2013, 08:07:39 PM
 #11284

Any empty address? This is it? They waited for the very last minute to post this?
This can't be real.

Its price is not a very relevant factor in its adoption....
runam0k
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September 18, 2013, 08:07:53 PM
 #11285

It's another missed deadline and another instance of Labcoin providing zero evidence they are actually hashing or even capable of hashing.  It's no way to run a security. Undecided
minerpart
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IIIIII====II====IIIIII


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September 18, 2013, 08:08:03 PM
 #11286

It's disappointing that garbage companies like this one are siphoning funds from the crypto securities market. Done with this ridiculous circus.

unsubscribed

+1
AngelSky
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September 18, 2013, 08:08:15 PM
 #11287

Any empty address? This is it? They waited for the very last minute to post this?
This can't be real.

IT IS  Shocked

▄██████████████████████████████████████████████████████████████████▀███▀███▄
████████████████████████████████████████████████████████████████████▄▀▄█████
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███▀▀▀▀▀▀▀▀██████▀▀▀████████▀▀▀██▀▀▀███████████▀▀▀██▀▀▀▀▀▀▀▀████████▀▀▀█████
███          ▀███   ████████   ██    ▀█████████   ██           ▀████   █████
███   █████▄   ██   ████████   ██      ▀███████   ██   ██████▄   ███   █████
███   ██████   ██   ████████   ██   █▄   ▀█████   ██   ████████   ██   █████
███   █████▀   ██   ████████   ██   ███▄   ▀███   ██   ████████   ██   █████
███          ▄███   ▀██████▀   ██   █████▄   ▀█   ██   ███████▀   ██   █████
███   ▄▄▄▄▄███████   ▀▀▀▀▀▀   ███   ███████▄      ██   ▀▀▀▀▀▀   ▄███   █████
███   █████████████▄        ▄████   █████████▄    ██        ▄▄▄█████   █████
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▀██████████████████████████████████████████████████████████████████████████▀
  BUY
  SELL
ACCEPT
   ███████████████████████████
  .CRYPTOCURRENCY..
███████████████████████████
.
N_S
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September 18, 2013, 08:08:18 PM
 #11288

This is a total mess.
velacreations
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September 18, 2013, 08:08:29 PM
 #11289

As I had predicted, labcoin currently has 0 TH of mining power.
+1

Anotheranonlol
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September 18, 2013, 08:08:35 PM
 #11290

Not even pics?

hey cheeky, are you fudster or what  Grin
labcoin have clearly shown their policey on photos

Next proof to be posted will be mining address, clearly showing the rate of blocks creation.
Probably no more pictures as they only do create more confusion.

We are here to stay and everyone who is having doubts will have to change his opinion once we show what we achieved.
Again, we advise anyone to purchase more shares now that they are cheap.

when will you show what you achieved?  you have promised that a few times, now, and have failed to deliver.

We haven't failed to deliver, the fact that we aren't posting more pictures isn't proof that we are not mining.
We are indeed mining

aquarius
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September 18, 2013, 08:08:42 PM
 #11291

The fact is that Labcoin has missed mining target by a few days due to some unforeseen issues. ASIC mining with custom developed miners isn't always as easy as just plug and play, however I believe the team will prove the detractors wrong and in the next few days the mining hash rate will increase significantly. According to Sam the pool mining merge is a software issue and it is being resolved 'as we speak', after that it it simply a question of bringing hash rate online.

I think the reason this stock is tanking is not because of the problems you are having, but rather, because you constantly miss deadlines and mislead the shareholders as to the real situation.

I would of course argue that the missed deadlines are a direct result of the issues the developers have had and not anyone deliberately misleading anyone. Either way, there is now an address public where pooled mining income will be sent once the software issue that is being worked on is solved. I can't think of a more 'definite' means of communicating the status of the project then that.

What pool are you mining on?

They said that they are solo-mining, if you can believe that.

All they have said thus far has been lies wrapped in confusion and empty promises.
E.Sam
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September 18, 2013, 08:08:49 PM
 #11292

I would of course argue that the missed deadlines are a direct result of the issues the developers have had and not anyone deliberately misleading anyone. Either way, there is now an address public where pooled mining income will be sent once the software issue that is being worked on is solved. I can't think of a more 'definite' means of communicating the status of the project then that.

A couple of suggestions to improve communication:

* Stop lying, like in "we are hashing at about 2 TH/s now", more than 2 weeks ago
* "We will sign mined blocks in coinbase" you never did
* "We are solo mining" where are your blocks?

Now pooled mining? HOW are we going to be able to CHECK that this is not MORE BULLSHIT AS USUAL? The fund could come from anywhere. No generated blocks, no proof of hashing. At least until you provide a publicly verifiable stats page with an account that you claim to be yours on the pool.

Unbelievable...

This

Zakryze
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September 18, 2013, 08:09:00 PM
 #11293

someone hire a russian guy on the deepweb to take care of these idiots please...

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

SNttx1hwtpf8TQEK7ZBojcvQrDmBaz9QPK SFC Addy
klee
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September 18, 2013, 08:09:04 PM
 #11294

SELL!! I wanna buy at 0.001  Cool

dexX7
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September 18, 2013, 08:09:09 PM
 #11295



I'd like Sam to sign this addresss as fast as possible. After that point the next step is easy: if a block is mined - buy. Otherwise: stay ready, watch. I'm not pleased with the latest update though, because it contradicts all previous statements about "we are mining" and "2 TH/s already online" etc.

As said before, delays are one thing, but being dishonest is inacceptable.

TsuyokuNaritai
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September 18, 2013, 08:09:26 PM
 #11296

I would of course argue that the missed deadlines are a direct result of the issues the developers have had and not anyone deliberately misleading anyone. Either way, there is now an address public where pooled mining income will be sent once the software issue that is being worked on is solved. I can't think of a more 'definite' means of communicating the status of the project then that.

so, have you been mining with 2 TH/s or not?  yes or no?

If you say no, then you have deliberately misled us. 
If you say yes, then why did you post a new mining address, other than to deliberately mislead us?

+1. Please answer.

onecent
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September 18, 2013, 08:10:36 PM
 #11297



I'd like Sam to sign this addresss as fast as possible. After that point the next step is easy: if a block is mined - buy. Otherwise: stay ready, watch. I'm not pleased with the latest update though, because it contradicts all previous statements about "we are mining" and "2 TH/s already online" etc.

As said before, delays are one thing, but being dishonest is inacceptable.

+1
klee
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September 18, 2013, 08:10:50 PM
 #11298



I'd like Sam to sign this addresss as fast as possible. After that point the next step is easy: if a block is mined - buy. Otherwise: stay ready, watch. I'm not pleased with the latest update though, because it contradicts all previous statements about "we are mining" and "2 TH/s already online" etc.

As said before, delays are one thing, but being dishonest is inacceptable.
Take the girl - I want the hummer!!

AngelSky
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September 18, 2013, 08:10:50 PM
 #11299


▄██████████████████████████████████████████████████████████████████▀███▀███▄
████████████████████████████████████████████████████████████████████▄▀▄█████
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███   █████▀   ██   ████████   ██   ███▄   ▀███   ██   ████████   ██   █████
███          ▄███   ▀██████▀   ██   █████▄   ▀█   ██   ███████▀   ██   █████
███   ▄▄▄▄▄███████   ▀▀▀▀▀▀   ███   ███████▄      ██   ▀▀▀▀▀▀   ▄███   █████
███   █████████████▄        ▄████   █████████▄    ██        ▄▄▄█████   █████
████████████████████████████████████████████████████████████████████████████
▀██████████████████████████████████████████████████████████████████████████▀
  BUY
  SELL
ACCEPT
   ███████████████████████████
  .CRYPTOCURRENCY..
███████████████████████████
.
Pale Phoenix
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September 18, 2013, 08:11:01 PM
 #11300

It's disappointing that garbage companies like this one are siphoning funds from the crypto securities market. Done with this ridiculous circus.

unsubscribed

Definitely a circus... possibly the greatest show on earth!

But can you really look away? Smiley

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