[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

[velacreations]

Now it’s proven that their not a scam.

please show us that proof, I think we would all appreciate it.

[1714321230]

1714321230

[1714321230]

1714321230

[1714321230]

1714321230

[1714321230]

1714321230

[1714321230]

1714321230

[oxideNL]

BTW bought at IPO and have been hold the entire time, never once was I worried.

Same here.  Except the "big" crash. Sold them just at time around .0034
and bought almost 1/3th more when the price dropped below .0022

[velacreations]

if they were really generating mining revenue, TheSwede and Labcoin would be on here telling us how everything is legit.

[TMAN]

if they were really generating mining revenue, TheSwede and Labcoin would be on here telling us how everything is legit.

They already said they would let the hash rate do the talking

[VolanicEruptor]

https://bitcointalk.org/index.php?topic=297305.msg3190303#msg3190303

[physalis]

Now it’s proven that their[sic] not a scam.

Proven, is it?

[velacreations]

https://bitcointalk.org/index.php?topic=297305.msg3190303#msg3190303

that's funny right there.

[velacreations]

They already said they would let the hash rate do the talking

oh yeah?  so where's the hash rate?

[NineLives]

I bought another BTC6.0 worth this afternoon.  This is after another 3hrs worth of research and reading.

I do believe its happening.  Slow yes but its happening.  LC as a company has the opportunity to make millions if this works.  We are going to have another flood of buys as soon as more info is available but isn't this a part of dealing in shares??

Some of the questions fired on this forum gets worse, demanding all sorts.  Put your self in LC's shoes..  They probably working their tits of trying to ensure THEY make things works so we ALL make some good money, and I mean a shit load.  Trying to answer every micro question you fire isn't helping.  Yes we allll need updates but please STOP feeding the FUDsters who don't care.

WAIT AND SEE..  Until the fat lady sings.

I'm happy so far.

[gramma]

https://bitcointalk.org/index.php?topic=297305.msg3190303#msg3190303

that's funny right there.

+1

[damiano]

I don’t understand, everyone dumps their shares because they think it’s a scam. Now it’s proven that their not a scam. But people are bitching about technical issues as if their Pro engineers or have their own mining company that’s doing so good. So now the only issue is LC not constantly giving updates with pictures. Ever think that maybe their sick and tired of trying to please people at a place where 75% of people have no respect and outright call them a scam with no evidence, except their high school intuition. Or maybe LC doesn’t like giving deadlines because their working on something where there is constantly going to be un-foreseeable issues that will arise when doing something for the first time, that most people who talk all the trash would never have the balls to attempt. Its apparent that LC has no option but to prove things with results, which is why LC is never online, giving future progress updates, because when things don’t go the way they planed to the T, its all of a sudden a huge scam, and on top of that, the arrogant pricks that roam this thread some how think they deserve answer immediately, if any.

Every time I make a big dump I always buy back in lower and my position always increases.

[velacreations]

Trying to answer every micro question you fire isn't helping. 

they only ever needed to answer one simple question: prove that you are hashing
that should be very easy, takes less than 5 minutes, yet it has been a week with tons of broken promises and still no more information and no evidence that they are hashing.

[runam0k]

Now it’s proven that their not a scam.

WTF are you talking about? They took what, 7,000BTC from IPO investors and what evidence have they shown?

[bitcoiner49er]

https://bitcointalk.org/index.php?topic=297349.0

Can Labcoin shows us the same, please?

[E.Sam]

https://bitcointalk.org/index.php?topic=297349.0

Can Labcoin shows us the same, please?

+1

Also which mining pool and hashrate

(...and when you have time lock the shares...)

[Progressive]

Somebody just dumped to 0.0024

2013-09-19 18:58:37   Market Sell   38   ฿ 0.002439   ฿ 0.092682
2013-09-19 18:58:36   Market Sell   125   ฿ 0.002451   ฿ 0.306375
2013-09-19 18:58:36   Market Sell   1250   ฿ 0.00245   ฿ 3.0625
2013-09-19 18:58:35   Market Sell   24   ฿ 0.002457   ฿ 0.058968
2013-09-19 18:58:35   Market Sell   245   ฿ 0.002456   ฿ 0.60172
2013-09-19 18:58:34   Market Sell   1800   ฿ 0.00248   ฿ 4.464
2013-09-19 18:58:34   Market Sell   9   ฿ 0.002473   ฿ 0.022257
2013-09-19 18:58:33   Market Sell   180   ฿ 0.002481   ฿ 0.44658
2013-09-19 18:58:32   Market Sell   500   ฿ 0.0025   ฿ 1.25
2013-09-19 18:58:32   Market Sell   1   ฿ 0.0025   ฿ 0.0025
2013-09-19 18:58:31   Market Sell   70   ฿ 0.002502   ฿ 0.17514
2013-09-19 18:58:31   Market Sell   200   ฿ 0.002501   ฿ 0.5002
2013-09-19 18:58:30   Market Sell   100   ฿ 0.002505   ฿ 0.2505
2013-09-19 18:58:30   Market Sell   1000   ฿ 0.002504   ฿ 2.504
2013-09-19 18:58:29   Market Sell   100   ฿ 0.002511   ฿ 0.2511
2013-09-19 18:58:29   Market Sell   1000   ฿ 0.00251   ฿ 2.51
2013-09-19 18:58:28   Market Sell   2624   ฿ 0.00253   ฿ 6.63872
2013-09-19 18:58:28   Market Sell   400   ฿ 0.00253   ฿ 1.012
2013-09-19 18:58:27   Market Sell   10   ฿ 0.002531   ฿ 0.02531
2013-09-19 18:58:27   Market Sell   302   ฿ 0.002531   ฿ 0.764362

EDIT: @Rulother I will post it in the Labcoin speculation thread next time.

Maybe some are cashing out beacuse of the BTC/USD falling $5 in last hour.

[Rulother]

Somebody just dumped to 0.0024

2013-09-19 18:58:37   Market Sell   38   ฿ 0.002439   ฿ 0.092682
2013-09-19 18:58:36   Market Sell   125   ฿ 0.002451   ฿ 0.306375
2013-09-19 18:58:36   Market Sell   1250   ฿ 0.00245   ฿ 3.0625
2013-09-19 18:58:35   Market Sell   24   ฿ 0.002457   ฿ 0.058968
2013-09-19 18:58:35   Market Sell   245   ฿ 0.002456   ฿ 0.60172
2013-09-19 18:58:34   Market Sell   1800   ฿ 0.00248   ฿ 4.464
2013-09-19 18:58:34   Market Sell   9   ฿ 0.002473   ฿ 0.022257
2013-09-19 18:58:33   Market Sell   180   ฿ 0.002481   ฿ 0.44658
2013-09-19 18:58:32   Market Sell   500   ฿ 0.0025   ฿ 1.25
2013-09-19 18:58:32   Market Sell   1   ฿ 0.0025   ฿ 0.0025
2013-09-19 18:58:31   Market Sell   70   ฿ 0.002502   ฿ 0.17514
2013-09-19 18:58:31   Market Sell   200   ฿ 0.002501   ฿ 0.5002
2013-09-19 18:58:30   Market Sell   100   ฿ 0.002505   ฿ 0.2505
2013-09-19 18:58:30   Market Sell   1000   ฿ 0.002504   ฿ 2.504
2013-09-19 18:58:29   Market Sell   100   ฿ 0.002511   ฿ 0.2511
2013-09-19 18:58:29   Market Sell   1000   ฿ 0.00251   ฿ 2.51
2013-09-19 18:58:28   Market Sell   2624   ฿ 0.00253   ฿ 6.63872
2013-09-19 18:58:28   Market Sell   400   ฿ 0.00253   ฿ 1.012
2013-09-19 18:58:27   Market Sell   10   ฿ 0.002531   ฿ 0.02531
2013-09-19 18:58:27   Market Sell   302   ฿ 0.002531   ฿ 0.764362

Thanks for the update.

[Luckybit]

Now it’s proven that their not a scam.

WTF are you talking about? They took what, 7,000BTC from IPO investors and what evidence have they shown?

If they were a scam just after the money wouldn't they have let the IPO become a bidding war and profit as much as possible? They could have had way more than 7000BTC. They could have had over 10,000+!

Explain why a scam would do that? So whatever their motivation is, it's not to scam people out of money and get rich quick because they had the chance.

This is a chance to buy cheap shares.

[MilkyLep]

FFS the users in this thread are like a broken record.

I'd prefer to replace "record" with "cassette" so when they hit a snag they strangle themselves.

But people here are so sensitive.

[kokojie]

Now it’s proven that their not a scam.

WTF are you talking about? They took what, 7,000BTC from IPO investors and what evidence have they shown?

If they were a scam just after the money wouldn't they have let the IPO become a bidding war and profit as much as possible? They could have had way more than 7000BTC. They could have had over 10,000+!

Explain why a scam would do that? So whatever their motivation is, it's not to scam people out of money and get rich quick because they had the chance.

This is a chance to buy cheap shares.

Not if they plan to run this scam for a while. If they were planning to disappear immediately after the IPO, then yes they would do a bidding war style IPO. But looks like they are doing a BTCST style scam, the time span is going to be at least a year. If they can boost share price to high level, say 0.008, then they sell their 3M insider shares, they can get much more money than from the IPO. Therefore, they have to give the impression of actually mining.