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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042590 times)
BitThink
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September 26, 2013, 08:28:42 AM
 #14461


No, he seems has nothing to do with Hong Kong and Shen Zhen.
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September 26, 2013, 08:30:25 AM
 #14462


No, he seems has nothing to do with Hong Kong and Shen Zhen.

Its the only samuel noi on linkedin aside from this one:

http://gh.linkedin.com/pub/samuel-mensah-noi/77/b66/333



BitThink
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September 26, 2013, 08:31:34 AM
 #14463

It's interesting that two of them both come from Ghana. It seems that's a common name there?
BitThink
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September 26, 2013, 08:32:37 AM
 #14464

Actually it is a good thing. At least the labcoin 'Samul Noi' is not eager in looking for a new job. Smiley
physalis
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September 26, 2013, 08:35:04 AM
 #14465

I missed the recent developments, can someone bring me up to speed while I get the popcorn? What's the current chapter in the labcoin book of bullshit?
Something about "Howard Wang" going missing? Is he the one that stole the hashrate? What a plot twist.

Maybe we didn't try hard enough? The way I see it, he took my money and refuses to explain what he's doing with it. And I want to know what it is. Don't you?
Aww, what happened? You used to be such a cheerleader. Come on, they're just really, really busy, working hard to make you rich.
Ytterbium
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September 26, 2013, 08:39:56 AM
 #14466

What makes you guys think that linked in profile is real?  It would be pretty easy to create a fake profile, it's hard to believe the FUD brigade, which found linked in profiles for random interns in Ghana would have missed it this whole time.

And thats why labcoin is hiring, as mentioned by TheSeven.
according to posted IRC chats, TheSeven wasnt even aware there was a 130nm chip, has never spoken to anyone working on it and knows nothing about it. He is also more a software guy than anything else.
But yeah, he'll fix it overnight, especially when the only guy who really knows the asic is gone.

That's totally false. He wasn't really involved with the 130nm chips but he was obviously aware of them and talked to them about the issues they were having.

Is labcoin having issues, obviously. But by the same token there are clearly a bunch of people who are obsessed with making up false accusations and statements about what's going on to confuse people further. It would have taken 10 minutes to put together that linkedin profile.

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September 26, 2013, 08:40:51 AM
 #14467

It's interesting that two of them both come from Ghana. It seems that's a common name there?

Probably descendants from the well known royal Noi family in Nigeria.

Seriously though, if that is your guy, you are screwed.
Alternatively, If the only guy with some knowledge of whats going on, the "nominee director"  of an IT company without website is not on linkedin and no one knows who he really is, you are probably screwed too.

I will tell you what the name reminds me off.  Wild conspiracy with zero evidence to back it up, but here you have it:  Chaang Noi. aka Goat.
Ytterbium
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September 26, 2013, 08:41:33 AM
 #14468

It's interesting that two of them both come from Ghana. It seems that's a common name there?

There are 5 people on linkedin named Sam Noi.

Seriously, what is wrong with you people?

abuelau
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September 26, 2013, 08:42:27 AM
 #14469

I missed the recent developments, can someone bring me up to speed while I get the popcorn? What's the current chapter in the labcoin book of bullshit?
Something about "Howard Wang" going missing? Is he the one that took the hashrate? What a plot twist, fascinating.

Maybe we didn't try hard enough? The way I see it, he took my money and refuses to explain what he's doing with it. And I want to know what it is. Don't you?
Aww, what happened? You used to be such a cute little cheerleader. Come on, they're just really, really busy, working hard to make you rich.

I actually still think they are doing SOMETHING, and I think they are legit. But I want to know what is happening exactly, even my patience has limits! Smiley

Know what's happening in cryptoworld: www.coinschedule.com
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September 26, 2013, 08:43:07 AM
 #14470

There are 5 people on linkedin named Sam Noi.

Seriously, what is wrong with you people?

Only 2 of them "samuel" and none of them with qualifications or even geographical location that could possibly match.
BitThink
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September 26, 2013, 08:43:15 AM
 #14471


Something about "Howard Wang" going missing? Is he the one that took the hashrate? What a plot twist, fascinating.

No, Howard moved to US, not missing. He is the designer of the 130nm chip, not the one in charge of the hashing.
BitThink
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September 26, 2013, 08:46:33 AM
 #14472

Seriously, what is wrong with you people?
It is found that the key technician, the 130nm chip designer, Howard Wang, has moved to San Jose, US as a researcher in ITU on September. So it seems why their engineer team is imcompetent can be explained. Then a panic selling (dump > 20K to below 0.0009) after this news.
abuelau
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September 26, 2013, 08:55:23 AM
 #14473

I sent an email to Fabrizio's personal account. I'll let you know if he replies (highly unlikely but you never know)

Know what's happening in cryptoworld: www.coinschedule.com
Bitcycle
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September 26, 2013, 08:55:34 AM
 #14474

The bottom line is that Labcoin must come through with a full explanation of where things stand right now.

Without it, they're never going to be listed on another exchange.

And their shares will be completely worthless.

There is no choice here, Labcoin.  You must explain yourself, and you must do it right now.

BitCsByBit
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September 26, 2013, 08:57:07 AM
 #14475

Seriously, what is wrong with you people?
It is found that the key technician, the 130nm chip designer, Howard Wang, has moved to San Jose, US as a researcher in ITU on September. So it seems why their engineer team is imcompetent can be explained. Then a panic selling (dump > 20K to below 0.0009) after this news.

A whale dumped 170K down to 0.0009.

Edit: And somebody bought 30K straight away and brought the price up to 0.0012999

Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
abuelau
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September 26, 2013, 08:59:56 AM
 #14476

The bottom line is that Labcoin must come through with a full explanation of where things stand right now.

Without it, they're never going to be listed on another exchange.

And their shares will be completely worthless.

There is no choice here, Labcoin.  You must explain yourself, and you must do it right now.


@LABCOIN

Know what's happening in cryptoworld: www.coinschedule.com
BitThink
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September 26, 2013, 09:03:48 AM
 #14477

Seriously, what is wrong with you people?
It is found that the key technician, the 130nm chip designer, Howard Wang, has moved to San Jose, US as a researcher in ITU on September. So it seems why their engineer team is imcompetent can be explained. Then a panic selling (dump > 20K to below 0.0009) after this news.

A whale dumped 170K down to 0.0009.

Edit: And somebody bought 30K straight away and brought the price up to 0.0012999
Now less than 50K needs to go down to 0.0009. The bid wall has been weakened significantly.
Ytterbium
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September 26, 2013, 09:05:22 AM
 #14478

Seriously, what is wrong with you people?
It is found that the key technician, the 130nm chip designer, Howard Wang, has moved to San Jose, US as a researcher in ITU on September. So it seems why their engineer team is imcompetent can be explained. Then a panic selling (dump > 20K to below 0.0009) after this news.

Well, people found a linkedin page for "Zhenghua WANG" that didn't seem to exist more then 24 hours ago, given the fact that the people who dug though the personal information of every Sam Noi in Ghana weren't able to find it.

All the information on there is stuff that people could have looked up or guessed, and there are lots of people who could have put the profile together.

Unfortunately Labcoin isn't giving out any information or keeping people up to date at all, and because of that the conspiracy theorists and trolls flourish.

Bitcycle
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September 26, 2013, 09:08:17 AM
 #14479

Seriously, what is wrong with you people?
It is found that the key technician, the 130nm chip designer, Howard Wang, has moved to San Jose, US as a researcher in ITU on September. So it seems why their engineer team is imcompetent can be explained. Then a panic selling (dump > 20K to below 0.0009) after this news.

A whale dumped 170K down to 0.0009.

Edit: And somebody bought 30K straight away and brought the price up to 0.0012999
Now less than 50K needs to go down to 0.0009. The bid wall has been weakened significantly.

All that 50k is new, though.  The low was 0.0009, so anything over it had to be added after.
BitThink
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September 26, 2013, 09:08:44 AM
 #14480

What makes you guys think that linked in profile is real?  It would be pretty easy to create a fake profile, it's hard to believe the FUD brigade, which found linked in profiles for random interns in Ghana would have missed it this whole time.

In my opinion, it is unlikely to be false. This account has everything right and has enough connections. It even has at least one endorsement from my 3rd connection (Maybe only endorsement from one's connection is visible, I am not sure). It is also consistent with what theSeven said before, "Howard is not involved any more, someone else is working on it (the stability issue)".
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