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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.

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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1058520 times)
bitwhizz
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September 29, 2013, 05:21:10 PM
 #16001

Can somebody come on here and confirm that you are buying at these prices so we can point fingers and laugh at you for being complete morons?

Just bought again, im averaging my cost down. The risk hasn't increased in the last week, if anything it has got better as they have outsourced the issues they are having.

Please note I can afford to lose my investment & am well aware of the risk. I may end up with egg all over my face, balls, dick & feet... but I may be right & the upside is huge to me compared to losing a few K.

this isnt for everyone - I am not encouraging people to buy, but the risk reward works for me personally. Plus I will so enjoy cashing out my Divs one month & sending you a picture of me rubbing £50 notes on my titties...


Doesnt make sense that its a scam, the upside is ridiculous and if it is a scam they will definitly be pumping the price up before dumping, scam or not there is a ton of money to be made possibly.

If its legit the dividends will be unreal. ill be earning more than the national average wage in dividends from a punt. decent enough as a passive income

Welll you could bet on a football game at 100/1 odds and earn more than the national wage, you probably have more of a chance of getting that right than this, this is a flat out scam and will crash to zero, you've been warned
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hammurabi
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September 29, 2013, 05:21:15 PM
 #16002

I have started to investigate other scams to see if they might link together.

CedarTec's website looks similar in visuals to LabCoin's.
http://cedartec.net
http://labcoin.com

Some of similarities I find:

1. Strong emphasis on good looking pictures.
2. Logo placed at same top-left spot of the site.
3. Logo of same design - two graphic elements combined with company name (also two-words combined)
4. Usage of three column design of website.
5. Footers mix same elements. Use of word "Tec". Mixing different separators.
2013 | CedarTec - Kassem Mourad, Tripoli - Lebanon | All rights reserved.
Copyright labcoin / iTec Pro Limited - Hong Kong 2013 - All rights reserved
6. All devices on pictures are shown from exactly same angle.
Left device from straight front.
Middle turned clockwise, shows efficiency of cooling,
Right turned anticlockwise. Emphasis on interiors (fans, psu, leds while labcoin's show the board).
All pictures are shown from exact same angles.
Use of plastic/rubber stands at bottom of devices or round curves in both designs also match.

All those things are far from being proof of any kind, but shows that both designers had common sense of art.



Have a look at the current crop of templates. They all look like that.

Templates yes, there are thousands of templates out there with similarities.
But similarities between those two websites goes deep beyond templates.
In fact the code looks different, but overall look is similar.


BTC:    1Hpk4rWpP3gACJhXHn8VkeNp4usdQmfuVY
LTC:    LM5p7X9dTsWj14G2VQeJKuntVUc6GsPnDp
bitrich
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September 29, 2013, 05:21:23 PM
 #16003

Can somebody come on here and confirm that you are buying at these prices so we can point fingers and laugh at you for being complete morons?

Just bought again, im averaging my cost down. The risk hasn't increased in the last week, if anything it has got better as they have outsourced the issues they are having.

Please note I can afford to lose my investment & am well aware of the risk. I may end up with egg all over my face, balls, dick & feet... but I may be right & the upside is huge to me compared to losing a few K.

this isnt for everyone - I am not encouraging people to buy, but the risk reward works for me personally. Plus I will so enjoy cashing out my Divs one month & sending you a picture of me rubbing £50 notes on my titties...


Doesnt make sense that its a scam, the upside is ridiculous and if it is a scam they will definitly be pumping the price up before dumping, scam or not there is a ton of money to be made possibly.

If its legit the dividends will be unreal. ill be earning more than the national average wage in dividends from a punt. decent enough as a passive income
[/quoi

yeah, the rewards will be huge if you are comfortable enough to possiblly lose a few btc, its gambling but a huge upside, place your bets
abuelau
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September 29, 2013, 05:23:12 PM
 #16004

I have started to investigate other scams to see if they might link together.

CedarTec's website looks similar in visuals to LabCoin's.
http://cedartec.net
http://labcoin.com

Some of similarities I find:

1. Strong emphasis on good looking pictures.
2. Logo placed at same top-left spot of the site.
3. Logo of same design - two graphic elements combined with company name (also two-words combined)
4. Usage of three column design of website.
5. Footers mix same elements. Use of word "Tec". Mixing different separators.
2013 | CedarTec - Kassem Mourad, Tripoli - Lebanon | All rights reserved.
Copyright labcoin / iTec Pro Limited - Hong Kong 2013 - All rights reserved
6. All devices on pictures are shown from exactly same angle.
Left device from straight front.
Middle turned clockwise, shows efficiency of cooling,
Right turned anticlockwise. Emphasis on interiors (fans, psu, leds while labcoin's show the board).
All pictures are shown from exact same angles.
Use of plastic/rubber stands at bottom of devices or round curves in both designs also match.

All those things are far from being proof of any kind, but shows that both designers had common sense of art.


LOL..


Know what's happening in cryptoworld: www.coinschedule.com
Fordee
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September 29, 2013, 05:43:50 PM
 #16005


Official Labcoin's Office:




In response to the upcoming IRC chat, and the inevitable good new, I give you the *Labcoin Investment Group* --> http://burymewithmymoney.com/

ltiv
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September 29, 2013, 05:45:28 PM
 #16006

I have started to investigate other scams to see if they might link together.

CedarTec's website looks similar in visuals to LabCoin's.
http://cedartec.net
http://labcoin.com

Some of similarities I find:

1. Strong emphasis on good looking pictures.
2. Logo placed at same top-left spot of the site.
3. Logo of same design - two graphic elements combined with company name (also two-words combined)
4. Usage of three column design of website.
5. Footers mix same elements. Use of word "Tec". Mixing different separators.
2013 | CedarTec - Kassem Mourad, Tripoli - Lebanon | All rights reserved.
Copyright labcoin / iTec Pro Limited - Hong Kong 2013 - All rights reserved
6. All devices on pictures are shown from exactly same angle.
Left device from straight front.
Middle turned clockwise, shows efficiency of cooling,
Right turned anticlockwise. Emphasis on interiors (fans, psu, leds while labcoin's show the board).
All pictures are shown from exact same angles.
Use of plastic/rubber stands at bottom of devices or round curves in both designs also match.

All those things are far from being proof of any kind, but shows that both designers had common sense of art.

This is just an observation from a previous website operator.

1. Obviously.
2. 8/10 would place their logo on the top-left as well.
3. No comment, (insert joke).
4. Yes, they're basically scamming because they've used a layout which suits their purpose.
5. It's called being professional.
6. No comment, again (insert joke).

You might've realised this already, if not then well let me briefly explain it. Most I.T. company orientated use similar concepts in advertising their site, it's called trying to be professional. Making your site look professional doesn't scare customers, it attracts customers (I'm sure you'd study this in business or marketing classes already, but this is just a simple reminder).

Again, I understand where you are coming from but as a website operator in the past. I just wanted to point out, just because something uses a similar concept in advertising their company or site does not make them necessarily a scam, it would be rather hilarious if you accused 99% of the I.T. industries website for being scam given their similarities to each other. I would call it, using another company as part of an inspiration for designing your own website or company layout, it does happen more then you think.

P.S. I am just pointing out a common misconception regarding the analysis of layout and how they link to scams when clearly it's ambigious without sufficient proofs. Using a website for a company and saying they are a scamming company just because of the website is the same thing as going for a swim at the local volcanoes, it doesn't work.
dRMergatroid
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September 29, 2013, 05:51:16 PM
 #16007

Hey Everyone!
I have a Bag!
A very Nice Expensive Bag.
Maybe this bag will be full of money one day.


And maybe Sam Noi will come out of a cave where he's been hiding with Bin Laden, and give us an update on the war in Afghanistan and give us pictures of his and Osama's mining rigs. 50TH worth. Yay. I live in hope.

please donate: 1FSZY4mqP67yTU5oGvCYmqMNMaqcMRmR3h
Thank You.
TMAN
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September 29, 2013, 06:01:01 PM
 #16008

Hey Everyone!
I have a Bag!
A very Nice Expensive Bag.
Maybe this bag will be full of money one day.


And maybe Sam Noi will come out of a cave where he's been hiding with Bin Laden, and give us an update on the war in Afghanistan and give us pictures of his and Osama's mining rigs. 50TH worth. Yay. I live in hope.

Just as likely they will fail. But it isn't an outright scam, that's just idiotic

#FREETMAN
Ytterbium
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September 29, 2013, 06:11:26 PM
 #16009

My view is that it's not a scam, just a fuckup. The fuckup was compounded by sam coming on here and making promises he couldn't deliver on. (like "we'll be back on the btcguild top 25 in an hour!") which made it look a lot more like a scam and like he was completely incompetent.

KS
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September 29, 2013, 06:30:00 PM
 #16010

---  So honest question, as I obviously just don't quite understand.

   If there is a supposed trainwreck coming, and BTCT is closing, so share's can't be traded past oct 7th anyway..

   ...  and if there were 10Mil shares issued (7mill to the public..whatever..)..  

   So, why are there only about ONE Million shares up for asks at the moment..  

   It's like..   9 out of 10 bagholders prefer labcoin?

   Help me understand.

    Undecided


These are just the open asks (the rest is "hidden"). You could sell 10M shares at once by filling the bid side, without having to put your shares on the ask side first.

“In Putin’s Russia bitcoin exchanges you.” - http://www.coindesk.com/ceo-bitcoin-officially-bans-china/
List of major BTC scams https://bitcointalk.org/index.php?topic=576337
Bitstamp "no transfer" banks/countries list: https://bitcointalk.org/index.php?topic=270716.0
TMAN
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September 29, 2013, 06:30:19 PM
 #16011

My view is that it's not a scam, just a fuckup. The fuckup was compounded by sam coming on here and making promises he couldn't deliver on. (like "we'll be back on the btcguild top 25 in an hour!") which made it look a lot more like a scam and like he was completely incompetent.

Yes and probably shitting the backlash from the community, look at the thread 500 pages ago. He was getting the Spanish Inquisition from the fudsters, I would say fuck it and not communicate and put the effort into getting it fixed. Then the hardware fails for whatever reason, shit what do I do? Ill have my arse handed to me again, ill just say 2 weeks. Finally I realise I need help and pay for external help. Just a view, might be right, might be wrong.

Either way time has come for an open book and some honesty, Sam fucked up hard not coming to the community for help, if he had he would of gained trust and we would have more information. I just hope this QA goes through and we get information.

#FREETMAN
KS
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September 29, 2013, 06:32:10 PM
 #16012

My view is that it's not a scam, just a fuckup. The fuckup was compounded by sam coming on here and making promises he couldn't deliver on. (like "we'll be back on the btcguild top 25 in an hour!") which made it look a lot more like a scam and like he was completely incompetent.

Yes and probably shitting the backlash from the community, look at the thread 500 pages ago. He was getting the Spanish Inquisition from the fudsters, I would say fuck it and not communicate and put the effort into getting it fixed. Then the hardware fails for whatever reason, shit what do I do? Ill have my arse handed to me again, ill just say 2 weeks. Finally I realise I need help and pay for external help. Just a view, might be right, might be wrong.

Either way time has come for an open book and some honesty, Sam fucked up hard not coming to the community for help, if he had he would of gained trust and we would have more information. I just hope this QA goes through and we get information.

IF this is not a scam, what it shows is that he/they don't care about their shareholders, which is bad for the potential returns and makes this a bad investment ANYWAY.

“In Putin’s Russia bitcoin exchanges you.” - http://www.coindesk.com/ceo-bitcoin-officially-bans-china/
List of major BTC scams https://bitcointalk.org/index.php?topic=576337
Bitstamp "no transfer" banks/countries list: https://bitcointalk.org/index.php?topic=270716.0
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September 29, 2013, 06:41:40 PM
 #16013

My view is that it's not a scam, just a fuckup. The fuckup was compounded by sam coming on here and making promises he couldn't deliver on. (like "we'll be back on the btcguild top 25 in an hour!") which made it look a lot more like a scam and like he was completely incompetent.

Yes and probably shitting the backlash from the community, look at the thread 500 pages ago. He was getting the Spanish Inquisition from the fudsters, I would say fuck it and not communicate and put the effort into getting it fixed. [etc., etc.]

It didn't start out as a scam.  He wasn't a bright child, but he was likable and played well with others...  Somewhere between then and now something went wrong, and now we're here, and here sure looks, smells & acts like a scam.
Wut do Huh
TMAN
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September 29, 2013, 06:53:59 PM
 #16014

My view is that it's not a scam, just a fuckup. The fuckup was compounded by sam coming on here and making promises he couldn't deliver on. (like "we'll be back on the btcguild top 25 in an hour!") which made it look a lot more like a scam and like he was completely incompetent.

Yes and probably shitting the backlash from the community, look at the thread 500 pages ago. He was getting the Spanish Inquisition from the fudsters, I would say fuck it and not communicate and put the effort into getting it fixed. Then the hardware fails for whatever reason, shit what do I do? Ill have my arse handed to me again, ill just say 2 weeks. Finally I realise I need help and pay for external help. Just a view, might be right, might be wrong.

Either way time has come for an open book and some honesty, Sam fucked up hard not coming to the community for help, if he had he would of gained trust and we would have more information. I just hope this QA goes through and we get information.

IF this is not a scam, what it shows is that he/they don't care about their shareholders, which is bad for the potential returns and makes this a bad investment ANYWAY.

No Sam has said wait a month, he doesn't care about the day traders only the holders. Big difference, the day traders are causing the shit and causing long term holders to sell, the manipulation is strong in this one

#FREETMAN
KS
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September 29, 2013, 06:56:04 PM
 #16015


Wut do Huh


Гей-Прайд ?

“In Putin’s Russia bitcoin exchanges you.” - http://www.coindesk.com/ceo-bitcoin-officially-bans-china/
List of major BTC scams https://bitcointalk.org/index.php?topic=576337
Bitstamp "no transfer" banks/countries list: https://bitcointalk.org/index.php?topic=270716.0
KS
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September 29, 2013, 06:57:50 PM
 #16016

My view is that it's not a scam, just a fuckup. The fuckup was compounded by sam coming on here and making promises he couldn't deliver on. (like "we'll be back on the btcguild top 25 in an hour!") which made it look a lot more like a scam and like he was completely incompetent.

Yes and probably shitting the backlash from the community, look at the thread 500 pages ago. He was getting the Spanish Inquisition from the fudsters, I would say fuck it and not communicate and put the effort into getting it fixed. Then the hardware fails for whatever reason, shit what do I do? Ill have my arse handed to me again, ill just say 2 weeks. Finally I realise I need help and pay for external help. Just a view, might be right, might be wrong.

Either way time has come for an open book and some honesty, Sam fucked up hard not coming to the community for help, if he had he would of gained trust and we would have more information. I just hope this QA goes through and we get information.

IF this is not a scam, what it shows is that he/they don't care about their shareholders, which is bad for the potential returns and makes this a bad investment ANYWAY.

No Sam has said wait a month, he doesn't care about the day traders only the holders. Big difference, the day traders are causing the shit and causing long term holders to sell, the manipulation is strong in this one

That statement makes no sense. If you care about the holders, you don't destroy the value of their investment by NOT communicating.

It is precisely because of their miscommunication that there is so much volatility in the stock and that the day traders are having a field day.

“In Putin’s Russia bitcoin exchanges you.” - http://www.coindesk.com/ceo-bitcoin-officially-bans-china/
List of major BTC scams https://bitcointalk.org/index.php?topic=576337
Bitstamp "no transfer" banks/countries list: https://bitcointalk.org/index.php?topic=270716.0
TMAN
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September 29, 2013, 07:01:14 PM
 #16017

Long term holders aren't too fussed in short term prices, to be frank him and the fudsters have enabled a lot of us to increase our stakes and average our costs well below IPO, sure I will lose more coin than just my ipo stake but the hypothetical returns are far greater. You either believe or you don't, but one way or another I'm not selling till next year

#FREETMAN
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September 29, 2013, 07:04:32 PM
 #16018


Gay pride in cyrillics Huh
KS
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September 29, 2013, 07:06:42 PM
 #16019

Long term holders aren't too fussed in short term prices, to be frank him and the fudsters have enabled a lot of us to increase our stakes and average our costs well below IPO, sure I will lose more coin than just my ipo stake but the hypothetical returns are far greater. You either believe or you don't, but one way or another I'm not selling till next year

This is the typical making of a con. When you end up at the point where "You either believe or you don't", you've been had.

There is NOTHING about belief here, this is not a religion. Disclosure is not optional.

“In Putin’s Russia bitcoin exchanges you.” - http://www.coindesk.com/ceo-bitcoin-officially-bans-china/
List of major BTC scams https://bitcointalk.org/index.php?topic=576337
Bitstamp "no transfer" banks/countries list: https://bitcointalk.org/index.php?topic=270716.0
KS
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September 29, 2013, 07:09:15 PM
 #16020


You seemed lost Grin

“In Putin’s Russia bitcoin exchanges you.” - http://www.coindesk.com/ceo-bitcoin-officially-bans-china/
List of major BTC scams https://bitcointalk.org/index.php?topic=576337
Bitstamp "no transfer" banks/countries list: https://bitcointalk.org/index.php?topic=270716.0
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