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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1057901 times)
blastbob
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September 22, 2013, 02:06:39 AM
 #13101

Still waiting for some sexy pics of the hardware Smiley

Psst.. Got Ether?
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BitCsByBit
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September 22, 2013, 02:07:00 AM
 #13102

Now we wait until Europe wakes up   Grin

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September 22, 2013, 02:13:01 AM
 #13103

UPDATE:

Even though I don't like making promises but Sam has assured me that 20TH is a goal that will not be missed within 2 weeks.

I am also working on having the "warning" removed from the security as Sam assured me that the team has not to sell any significant amount of shares and the ownership is still far above the 75% that was communicated as the holding limit.

Oh great, another goal to miss. Grin


And it's Two WeesTM

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September 22, 2013, 02:17:52 AM
 #13104

I still can't believe that this is turning to NOT be a scam....bitcoin just keeps getting weirder and weirder.
Are they really hashing?

 
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September 22, 2013, 02:20:29 AM
 #13105

I still can't believe that this is turning to NOT be a scam....bitcoin just keeps getting weirder and weirder.
Are they really hashing?

Depends on the definition of "scam".

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BitCsByBit
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September 22, 2013, 02:22:49 AM
 #13106

Does anyone know how is the speed reported for the teams on BTC Guild.
Is it calculated over a period of time? How long? Or is it real-time?

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CMMPro
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September 22, 2013, 02:24:11 AM
 #13107

Well, in all honesty 800gh is nothing to sneeze at these days...if we see it ramping up to 20th in the next two weeks how much do they have to bring online?
Roughly 1.4th per day?

Let's see how they do building up to this 20th...if we see strong growth in the next few days I'll be more inclined to think this is legit.

 
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September 22, 2013, 02:28:43 AM
 #13108

I still can't believe that this is turning to NOT be a scam....bitcoin just keeps getting weirder and weirder.
Are they really hashing?

I never thought they were a scam.  But I thought they were having problems and the share price was taking because they weren't communicating. If they'd communicated clearly it wouldn't have been a problem, and they were destroying the share price by failing to do that. (in fact, they'd likely be around 0.006 right now if they'd kept shareholders informed about what was going on)

So, I sold my shares and even bought a put option, which I ended up making money on.

But, when they started getting regular payments, I bought back in at a lower price. The first payments might have been trolls or people trying to pump the price, but as it went on that became less likely.  

As far as technical problems, that's pretty normal.  They're 1 week or so behind schedule, and now they're at about 50% of their expected power.  20TH/s in two weeks is pretty ambitious, but at these prices 5 or 10Th/s would be OK.

The real question is their ability to keep up with network growth with KnC, Cointerra, etc coming down the pipeline.

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September 22, 2013, 02:31:54 AM
 #13109

They don`t need to prove anything to you personally.  They will do this with hash power and dividends

Look future promises are just not enough. As a share holder I sort of am entitled to know that a shady company isn't scamming me. Maintaining investor confidence is fairly important. They're doing the absolute minimum to keep their current valuation afloat.

But hey if you're buying it I've got a 600MH/s mining account that I promise will rise to 100TH/s in 3 weeks. You can get in for just .005 per share! Can't post pics of my hardware though because it's rough and you wouldn't understand. 1N1cYXgRWz7UwXpD1UjBJTba3uwR1v7ko7
JohnyBigs
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September 22, 2013, 02:34:14 AM
 #13110

They don`t need to prove anything to you personally.  They will do this with hash power and dividends

Look future promises are just not enough. As a share holder I sort of am entitled to know that a shady company isn't scamming me. Maintaining investor confidence is fairly important. They're doing the absolute minimum to keep their current valuation afloat.

But hey if you're buying it I've got a 600MH/s mining account that I promise will rise to 100TH/s in 3 weeks. You can get in for just .005 per share! Can't post pics of my hardware though because it's rough and you wouldn't understand. 1N1cYXgRWz7UwXpD1UjBJTba3uwR1v7ko7

WTF are you talking about they are listed on BTC guild, good fail comparison.
AngelSky
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September 22, 2013, 02:35:00 AM
 #13111

But hey if you're buying it I've got a 600MH/s mining account that I promise will rise to 100TH/s in 3 weeks. You can get in for just .005 per share! Can't post pics of my hardware though because it's rough and you wouldn't understand. 1N1cYXgRWz7UwXpD1UjBJTba3uwR1v7ko7

I'm in! RESERVED.

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CMMPro
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September 22, 2013, 02:35:58 AM
 #13112

They just moved up to the 22 spot...still a sceptic though until I see some big numbers go up.
If they can hit the 2th mark they are supposed to be hashing and we are still seeing growth then I'll think about reinvesting.  

VolanicEruptor
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September 22, 2013, 02:36:03 AM
 #13113

They don`t need to prove anything to you personally.  They will do this with hash power and dividends

Look future promises are just not enough. As a share holder I sort of am entitled to know that a shady company isn't scamming me. Maintaining investor confidence is fairly important. They're doing the absolute minimum to keep their current valuation afloat.

But hey if you're buying it I've got a 600MH/s mining account that I promise will rise to 100TH/s in 3 weeks. You can get in for just .005 per share! Can't post pics of my hardware though because it's rough and you wouldn't understand. 1N1cYXgRWz7UwXpD1UjBJTba3uwR1v7ko7

WTF are you talking about they are listed on BTC guild, good fail comparison.

He sold low and now he's jealous.  Show some compassion!    Tongue

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September 22, 2013, 02:44:00 AM
 #13114

Nice work!

I'm glad to see that Labcoin has managed to create a fix or a workaround for the issues they were experiencing.

A lot of people will be upset with themselves for panicking and dumping their shares.

Now, let's forget about the past and concentrate on our bright future.

Thank you for the update and have a good weekend!

Dumping shares, and then buying back in, was obviously the right thing to do.  I'd have made way more money if I dumped at 0.003 instead of 0.002. Labcoin needed to keep communication open, instead they just dissapeared after telling people to "buy cheap shares" before the price dropped by 66%.

Labcoin still isn't back up to my old buy-in price, but now I have 30% more shares.

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September 22, 2013, 02:47:38 AM
 #13115



WTF are you talking about they are listed on BTC guild, good fail comparison.

Yea so am I & I can also claim I'm hashing with custom hardware but that dosen't make it true. Really now, how gullible are you?

The reality is right now this is nothing more than another over priced revenue share when it should be a asic manufacture stock.



I bought at .00149 and sold at .002. I'm good thanks.
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September 22, 2013, 02:49:22 AM
 #13116




WTF are you talking about they are listed on BTC guild, good fail comparison.

Yea so am I & I can also claim I'm hashing with custom hardware but that dosen't make it true. Really now, how gullible are you?

The reality is right now this is nothing more than another over priced revenue share when it should be a asic manufacture stock.



Yawn
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September 22, 2013, 02:49:40 AM
 #13117

They just moved up to the 22 spot...still a sceptic though until I see some big numbers go up.
If they can hit the 2th mark they are supposed to be hashing and we are still seeing growth then I'll think about reinvesting.  



Just the fact that they manufactured working chips means that it is only a matter of time until they have nearly unlimited hash.

Edit: If you wait until they are at 2th and growing and then think about reinvesting you will be paying a hefty premium.
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September 22, 2013, 02:50:37 AM
 #13118




WTF are you talking about they are listed on BTC guild, good fail comparison.

Yea so am I & I can also claim I'm hashing with custom hardware but that dosen't make it true. Really now, how gullible are you?

The reality is right now this is nothing more than another over priced revenue share when it should be a asic manufacture stock.



Yes you can claim with zero proof. Labcoin had their hash listed on btcguild. What are you even saying.
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September 22, 2013, 02:50:57 AM
 #13119

They just moved up to the 22 spot...still a sceptic though until I see some big numbers go up.
If they can hit the 2th mark they are supposed to be hashing and we are still seeing growth then I'll think about reinvesting.  



Just the fact that they manufactured working chips means that it is only a matter of time until they have nearly unlimited hash.

lmao when and how was that "fact" ever established?





WTF are you talking about they are listed on BTC guild, good fail comparison.

Yea so am I & I can also claim I'm hashing with custom hardware but that dosen't make it true. Really now, how gullible are you?

The reality is right now this is nothing more than another over priced revenue share when it should be a asic manufacture stock.



Yes you can claim with zero proof. Labcoin had their hash listed on btcguild. What are you even saying.


Hash rate is proof of nothing more that the fact that you control  hardware capable of producing the hashrate. for all we know they are using a few million Pentium 3's

I feel like I'm taking crazy pills here, how does no one understand this?
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September 22, 2013, 02:51:24 AM
 #13120




WTF are you talking about they are listed on BTC guild, good fail comparison.

Yea so am I & I can also claim I'm hashing with custom hardware but that dosen't make it true. Really now, how gullible are you?

The reality is right now this is nothing more than another over priced revenue share when it should be a asic manufacture stock.



Yes you can claim with zero proof. Labcoin had their hash listed on btcguild. What are you even saying.

lol
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