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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1041809 times)
ishkur
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September 30, 2013, 04:53:25 AM
 #16141

Question:

Could the last few missed deadlines been ways to buy more time to make a run for it?

This isn't going to go quietly.  This is very bad for bitcoin in general.

They will need the head start. 
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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September 30, 2013, 05:15:04 AM
 #16142

So what's the theory on why he changed his age from 39 to 27?
ishkur
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September 30, 2013, 05:18:01 AM
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So what's the theory on why he changed his age from 39 to 27?

*shrug*

I just find it funny actually.  I will let others speculate
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September 30, 2013, 05:19:38 AM
 #16144

So what's the theory on why he changed his age from 39 to 27?

*shrug*

I just find it funny actually.  I will let others speculate

they used the IPO funds to create a fountain of youth  Smiley

I'd say that he's born in 1975.

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superduh
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September 30, 2013, 06:30:36 AM
 #16145

ya'll got noi-ed

ok
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September 30, 2013, 06:38:35 AM
 #16146

Question:

Could the last few missed deadlines been ways to buy more time to make a run for it?


This seems to be a constant with Alberto's "ventures". He keeps delaying and postponing and missing deadline, while sometimes giving something, though usually just a few crumbs. Just read the bitdaytrade thread to see how long he will spin this.

Im not sure what the strategy behind it is; probably to cast some doubt about it being a scam and to to dissuade investors from taking legal action. If he just took the money and ran, there would be no reason for an angry mob to wait.
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September 30, 2013, 06:43:40 AM
 #16147

Question:

Could the last few missed deadlines been ways to buy more time to make a run for it?


This seems to be a constant with Alberto's "ventures". He keeps delaying and postponing and missing deadline, while sometimes giving something, though usually just a few crumbs. Just read the bitdaytrade thread to see how long he will spin this.

Im not sure what the strategy behind it is; probably to cast some doubt about it being a scam and to to dissuade investors from taking legal action. If he just took the money and ran, there would be no reason for an angry mob to wait.

Exactly, to create the illusion of a failed venture instead on an outright scam.
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September 30, 2013, 07:38:18 AM
 #16148

Users sent back two shares to the issuer account "labcoin2", one was from me after the first outstanding share disappeared. Sorry for the confussion.

And the second one (actually the first) was mine. I wanted to dump my last share directly to them. I lost some 0.0006BTC by doing it Smiley. Sorry, it was dumb idea.

haha so your saying I can transfer my 2 labcoin shares to labcoin2 and they will be subtracted from he shares issued?

That's the way it works. Any share sent back to the "issuer's account" is no longer counted as "outstanding."

Awesome, let's give free shares to labcoin2!

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ShroomsKit
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September 30, 2013, 07:38:35 AM
 #16149

Question:

Could the last few missed deadlines been ways to buy more time to make a run for it?


This seems to be a constant with Alberto's "ventures". He keeps delaying and postponing and missing deadline, while sometimes giving something, though usually just a few crumbs. Just read the bitdaytrade thread to see how long he will spin this.

Im not sure what the strategy behind it is; probably to cast some doubt about it being a scam and to to dissuade investors from taking legal action. If he just took the money and ran, there would be no reason for an angry mob to wait.

Exactly, to create the illusion of a failed venture instead on an outright scam.

Yeah, i think that's what is going on here.

Its price is not a very relevant factor in its adoption....
BitThink
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September 30, 2013, 07:41:40 AM
 #16150

So shall we take legal action now? Anyone has access to Hong Kong Police? We should not let this guy still out there to do more harm.
abuelau
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September 30, 2013, 07:45:28 AM
 #16151

What if Sam Noi is not actually in HK? What if he's indeed that guy in Linkedin and he's actually in Ghana??

Know what's happening in cryptoworld: www.coinschedule.com
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September 30, 2013, 07:49:49 AM
 #16152

So shall we take legal action now? Anyone has access to Hong Kong Police? We should not let this guy still out there to do more harm.

Just contact the SEC. Theswede is in the US and "just being a PR person" doesnt make him any less liable than the others. In fact if all the others would remain out of reach of justice, Theswede might end up holding the entire bag:
http://www.law.cornell.edu/uscode/text/15/77o

More likely he will lead to the persons behind this.
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September 30, 2013, 07:52:35 AM
 #16153

So shall we take legal action now? Anyone has access to Hong Kong Police? We should not let this guy still out there to do more harm.

Just contact the SEC. Theswede is in the US and "just being a PR person" doesnt make him any less liable than the others. In fact if all the others would remain out of reach of justice, Theswede might end up holding the entire bag:
http://www.law.cornell.edu/uscode/text/15/77o

More likely he will lead to the persons behind this.

There are plenty of people that still believe this could workout. We need to draw a line in the sand - at what point can we all agree it's time to start making calls for legal action?
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September 30, 2013, 07:54:10 AM
 #16154

So shall we take legal action now? Anyone has access to Hong Kong Police? We should not let this guy still out there to do more harm.

Just contact the SEC. Theswede is in the US and "just being a PR person" doesnt make him any less liable than the others. In fact if all the others would remain out of reach of justice, Theswede might end up holding the entire bag:
http://www.law.cornell.edu/uscode/text/15/77o

More likely he will lead to the persons behind this.

I find it extremely hard to believe that he had no clue what was going on.

Its price is not a very relevant factor in its adoption....
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September 30, 2013, 07:55:35 AM
 #16155

There are plenty of people that still believe this could workout. We need to draw a line in the sand - at what point can we all agree it's time to start making calls for legal action?

Some people still think bitdaytrade could work out. Good luck with that.
If it were me, Id draw the line in the sand were we have people positively identified. As long as they are not fully doxed, there is zero reason to believe this is legitimate.
Not that doxing proves the opposite, see bitdaytrade.
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September 30, 2013, 07:57:36 AM
 #16156

So shall we take legal action now? Anyone has access to Hong Kong Police? We should not let this guy still out there to do more harm.

Just contact the SEC. Theswede is in the US and "just being a PR person" doesnt make him any less liable than the others. In fact if all the others would remain out of reach of justice, Theswede might end up holding the entire bag:
http://www.law.cornell.edu/uscode/text/15/77o

More likely he will lead to the persons behind this.

I don't think contacting the SEC is a good idea. Either the SEC has nothing to do with all these bitcoin assets or if they think they have, they could shut down the whole thing altogether, not just labcoin.

This is a simple police case.
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September 30, 2013, 07:58:07 AM
 #16157

There are plenty of people that still believe this could workout. We need to draw a line in the sand - at what point can we all agree it's time to start making calls for legal action?

Some people still think bitdaytrade could work out. Good luck with that.
If it were me, Id draw the line in the sand were we have people positively identified. As long as they are not fully doxed, there is zero reason to believe this is legitimate.
Not that doxing proves the opposite, see bitdaytrade.

I believe the man that would have any real identities on hand is Burnside.  
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September 30, 2013, 07:58:43 AM
 #16158

I find it extremely hard to believe that he had no clue what was going on.

Me neither, but here is the thing; it doesnt even really matter if he knew or could have known its a scam. He knew or should have known he was promoting an unregistered security. That alone makes him liable even if he truly believed labcoin to be a legitimate venture and even if labcoin was indeed a legitimate venture. Theswede simply cant run from this.
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September 30, 2013, 07:59:47 AM
 #16159

What if Sam Noi is not actually in HK? What if he's indeed that guy in Linkedin and he's actually in Ghana??

Some people are questioning if he even exists or not.
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September 30, 2013, 08:02:20 AM
 #16160

I don't think contacting the SEC is a good idea. Either the SEC has nothing to do with all these bitcoin assets or if they think they have, they could shut down the whole thing altogether, not just labcoin.

What makes you think they arent already? SEC looked deeply in to GLBSE after the pirate ponzi, they are well aware off what is going on. Soon after GLBSE closed, now BTCT. The others will follow soon enough.

Quote
This is a simple police case.

This is a security fraud. Thats not a police matter, but good luck getting anywhere through the police.
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