Bitcoin Forum
October 18, 2017, 01:34:05 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 [725] 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 ... 914 »
  Print  
Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1040351 times)
abuelau
Hero Member
*****
Offline Offline

Activity: 686


www.coinschedule.com


View Profile
September 26, 2013, 09:10:11 AM
 #14481

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.

They need to explain what is going on. I wanted to give them a few days to see if the "hash rate will be increased daily" would materialize, but since that hasn't happened, they absolutely need to come here and explain themselves.

Know what's happening in cryptoworld: www.coinschedule.com
1508333645
Hero Member
*
Offline Offline

Posts: 1508333645

View Profile Personal Message (Offline)

Ignore
1508333645
Reply with quote  #2

1508333645
Report to moderator
1508333645
Hero Member
*
Offline Offline

Posts: 1508333645

View Profile Personal Message (Offline)

Ignore
1508333645
Reply with quote  #2

1508333645
Report to moderator
1508333645
Hero Member
*
Offline Offline

Posts: 1508333645

View Profile Personal Message (Offline)

Ignore
1508333645
Reply with quote  #2

1508333645
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
BitThink
Legendary
*
Offline Offline

Activity: 882



View Profile
September 26, 2013, 09:10:29 AM
 #14482

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.
No, I think someone said #14733 stramir said he has found that page on 9 Aug, and that time Howard Wang was still working in Shen Zhen.
dave111223
Hero Member
*****
Offline Offline

Activity: 868


Machine Learning & AI - Trustless Ledger System


View Profile
September 26, 2013, 09:12:15 AM
 #14483

How do I get my Labcoin shares out of BTCT before the shut down?

 
⦁⚫⦁
     ▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊ Trustless Ledger System ▊▊▊▊▊▊▊
  S H A R P E  C A P I T A L 
 

                 ▄▀▀▄
                 ▀▄▄▀
                 █
      ▄▀▀▄      █
      ▀▄▄▀     █
      █  █    █
     █    █  █
    █     ▄▀▀▄
   █      ▀▄▄▀
▄▀▀▄     
▀▄▄▀
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
.
Investing with AI & Machine Learning
.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ⦁⚫⦁ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄  read our Whitepaper ▄▄▄▄▄▄
Bitcointalk Twitter Telegram  Slack
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
⦁⚫⦁
BitThink
Legendary
*
Offline Offline

Activity: 882



View Profile
September 26, 2013, 09:14:41 AM
 #14484

How do I get my Labcoin shares out of BTCT before the shut down?

Sell them, or trust labcoin to change them to be direct shares, before they can find a new exchange.
dave111223
Hero Member
*****
Offline Offline

Activity: 868


Machine Learning & AI - Trustless Ledger System


View Profile
September 26, 2013, 09:16:45 AM
 #14485

How do I get my Labcoin shares out of BTCT before the shut down?

Sell them, or trust labcoin to change them to be direct shares, before they can find a new exchange.

So there is currently no procedure for this?

 
⦁⚫⦁
     ▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊▊ Trustless Ledger System ▊▊▊▊▊▊▊
  S H A R P E  C A P I T A L 
 

                 ▄▀▀▄
                 ▀▄▄▀
                 █
      ▄▀▀▄      █
      ▀▄▄▀     █
      █  █    █
     █    █  █
    █     ▄▀▀▄
   █      ▀▄▄▀
▄▀▀▄     
▀▄▄▀
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
.
Investing with AI & Machine Learning
.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ⦁⚫⦁ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄  read our Whitepaper ▄▄▄▄▄▄
Bitcointalk Twitter Telegram  Slack
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
⦁⚫⦁
ltiv
Member
**
Offline Offline

Activity: 66


View Profile
September 26, 2013, 09:18:40 AM
 #14486

How do I get my Labcoin shares out of BTCT before the shut down?

Sell them, or trust labcoin to change them to be direct shares, before they can find a new exchange.

So there is currently no procedure for this?
There's no current procedure for this however labcoin did state that all shares will be converted to direct shares before the 31st October (correct me if I'm wrong).
BitThink
Legendary
*
Offline Offline

Activity: 882



View Profile
September 26, 2013, 09:19:44 AM
 #14487

How do I get my Labcoin shares out of BTCT before the shut down?

Sell them, or trust labcoin to change them to be direct shares, before they can find a new exchange.

So there is currently no procedure for this?
TheSwede75 said he is contacting the operators of other exchanges, but there's no clear timeline. In the previous update of labcoin, all shares will become direct shares first.
Bitcycle
Sr. Member
****
Offline Offline

Activity: 420


View Profile
September 26, 2013, 09:20:57 AM
 #14488



Assuming they can find a new exchange.

Which they won't be able to do if they don't immediately explain the current status of the project.
BitThink
Legendary
*
Offline Offline

Activity: 882



View Profile
September 26, 2013, 09:23:54 AM
 #14489

The 7 Oct will be a very important day. The trading will be disabled, and most likely their promise of 20TH will break, so that will be a very ugly day for labcoin. I think most people here are just waiting for a miracle could happen before that day. Smiley
BitThink
Legendary
*
Offline Offline

Activity: 882



View Profile
September 26, 2013, 09:28:25 AM
 #14490

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.

No, the profile refers to the same person I found out on 9th August. Check it out, this is quote of my original post:

Back to the chip specifications...

Quote
10. How can you fit 16 cores on 6.5x6.5 ? How many cores on average per chip, what is your assumption
 The cores we have fit are not classical "unrolled cores",the cores as we mean them are the result of our engineering effort. i'll  pass the questions i can't reply to the lead developer

What are the cores as we mean them?

- Either those are classical unrolled cores, which output a result ("hash") per one clock cycle.
- Or they are rolled cores (as used by BitFury for instance), which need more than one clock cycle to output a result. In this case, how many clock cycles it is in your design?
- Or they are something else. If is it so, could the lead developer explain what it is...

One more question, can you confirm Mr Zhenhua Wang (http://cn.linkedin.com/pub/zhenhua-wang/56/962/668) as Labcoin´s head dev? There is slight confusion in names (Howard vs Zhenhua).

Thank you.


Thanks. That almost nails it down. The Howard Wang Zhenhua has indeed moved to US, and most likely he is not (at least not closely) involved in the labcoin project now.
abuelau
Hero Member
*****
Offline Offline

Activity: 686


www.coinschedule.com


View Profile
September 26, 2013, 09:33:07 AM
 #14491

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.

No, the profile refers to the same person I found out on 9th August. Check it out, this is quote of my original post:

Back to the chip specifications...

Quote
10. How can you fit 16 cores on 6.5x6.5 ? How many cores on average per chip, what is your assumption
 The cores we have fit are not classical "unrolled cores",the cores as we mean them are the result of our engineering effort. i'll  pass the questions i can't reply to the lead developer

What are the cores as we mean them?

- Either those are classical unrolled cores, which output a result ("hash") per one clock cycle.
- Or they are rolled cores (as used by BitFury for instance), which need more than one clock cycle to output a result. In this case, how many clock cycles it is in your design?
- Or they are something else. If is it so, could the lead developer explain what it is...

One more question, can you confirm Mr Zhenhua Wang (http://cn.linkedin.com/pub/zhenhua-wang/56/962/668) as Labcoin´s head dev? There is slight confusion in names (Howard vs Zhenhua).

Thank you.


Thanks. That almost nails it down. The Howard Wang Zhenhua has indeed moved to US, and most likely he is not (at least not closely) involved in the labcoin project now.

The guy that need to provide us answers is Mr. Fabrizio Tatti, the CEO. He's the one ultimately responsible for our money.

Know what's happening in cryptoworld: www.coinschedule.com
Ytterbium
Full Member
***
Offline Offline

Activity: 238



View Profile WWW
September 26, 2013, 09:35:22 AM
 #14492

How do I get my Labcoin shares out of BTCT before the shut down?

Labcoin should have your email address and 'exit address' for your bitcoins. They're supposed to manage the transition, which should go fine given how well they've kept on top of everything....  Roll Eyes

BitThink
Legendary
*
Offline Offline

Activity: 882



View Profile
September 26, 2013, 09:48:38 AM
 #14493

The guy that need to provide us answers is Mr. Fabrizio Tatti, the CEO. He's the one ultimately responsible for our money.
Agree. But the point is that he will not refund anyone if the project failed, and in that case it is even legal to not refund anyone. Now the risk is not a scam, but a project failure. People are worrying about whether the current engineers know enough about the chip to fix the stability problems. Even Fabrizio will not have this answer, only the engineer himself knows.
Sou
Full Member
***
Offline Offline

Activity: 210


(Bitcoin related text here)


View Profile
September 26, 2013, 09:49:26 AM
 #14494

I've literally watched other teams on the btc guilds top 25 double their hash rate over the last 24 hours. They probably should just give them the chips - at least someone would get them hashing.
ampu
Full Member
***
Offline Offline

Activity: 173



View Profile
September 26, 2013, 09:53:02 AM
 #14495

Is this https://www.facebook.com/fabrizio.tatti Labcoin's Fabrizio Tatti?


BTC: 1LVzxHuyHjCgoTYggmNVNswdLK7yWsy78y
abuelau
Hero Member
*****
Offline Offline

Activity: 686


www.coinschedule.com


View Profile
September 26, 2013, 09:55:09 AM
 #14496

The guy that need to provide us answers is Mr. Fabrizio Tatti, the CEO. He's the one ultimately responsible for our money.
Agree. But the point is that he will not refund anyone if the project failed, and in that case it is even legal to not refund anyone. Now the risk is not a scam, but a project failure. People are worrying about whether the current engineers know enough about the chip to fix the stability problems. Even Fabrizio will not have this answer, only the engineer himself knows.

I don't think so, especially if he mislead investors. Where's the 7000 BTC they raised at IPO?

I am not saying he mislead investors, but IF HE DID, he will need to return the money for sure.

They still have the chance to come to this forum during the day today and explain themselves.

Know what's happening in cryptoworld: www.coinschedule.com
BitThink
Legendary
*
Offline Offline

Activity: 882



View Profile
September 26, 2013, 09:55:27 AM
 #14497

Is this https://www.facebook.com/fabrizio.tatti Labcoin's Fabrizio Tatti?



Actually this one: http://www.linkedin.com/in/fabriziotatti

He is not difficult to find since he has an company iTec Pro.
abuelau
Hero Member
*****
Offline Offline

Activity: 686


www.coinschedule.com


View Profile
September 26, 2013, 09:55:49 AM
 #14498

Is this https://www.facebook.com/fabrizio.tatti Labcoin's Fabrizio Tatti?



Yes, I think so (same person as the Linkedin profile)

Know what's happening in cryptoworld: www.coinschedule.com
Ytterbium
Full Member
***
Offline Offline

Activity: 238



View Profile WWW
September 26, 2013, 09:56:07 AM
 #14499

The guy that need to provide us answers is Mr. Fabrizio Tatti, the CEO. He's the one ultimately responsible for our money.
Agree. But the point is that he will not refund anyone if the project failed, and in that case it is even legal to not refund anyone. Now the risk is not a scam, but a project failure. People are worrying about whether the current engineers know enough about the chip to fix the stability problems. Even Fabrizio will not have this answer, only the engineer himself knows.

I don't think so, especially if he mislead investors. Where's the 7000 BTC they raised at IPO?

I am not saying he mislead investors, but IF HE DID, he will need to return the money for sure.

They still have the chance to come to this forum during the day today and explain themselves.

It would be helpful to know how much of the 700Btc they have left.

Puppet
Legendary
*
Offline Offline

Activity: 966


View Profile
September 26, 2013, 09:56:39 AM
 #14500

it is even legal to not refund anyone.

You dont really believe that, do you? Even the IPO was illegal. I know nothing of Chinese law, but it was certainly illegal in the US and EU and almost certainly in China too. You cant just publicly solicit money (or btc) for tradable shares in a company; thats an unregistered security. Thats why BTCT is closing.

moreover, even if the IPO somehow were legal, management cant just close down a company and claim all the IPO funds were spent without proving that. There is no way all coins could have been spent. Lets begin by seeing those "100K chips". Lets see some bookkeeping and invoices. If they cant provide that, its fraud, and even in China thats not legal.
Pages: « 1 ... 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 [725] 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 ... 914 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!