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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 1039817 times)
kingcrimson
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September 30, 2013, 06:24:25 PM
 #16341

Good find. Yes, 'Sam' = Alberto using a made-up stolen identity. Here is an overview of the Labcoin scam and players involved, if anyone missed it:
http://www.reddit.com/r/BitcoinStocks/comments/1ncdf1/labcoin_outed_as_a_scam/

We also found additional evidence of 'Sam' being an Italian guy, due to a typo he made that wasn't properly translated.

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TheSwede75
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September 30, 2013, 06:25:52 PM
 #16342

I know this does not prove much (I guess if you know how bad I am with photoshop it might) and I guess I was also off on my average purchase price but I did promise a screenshot of my 30k share holding so here it is. (sorry for the delay I had a lot of IRL things this weekend).



I have also been asked why I would hold on to the shares and I think my best answer would be that no matter what some people think I consider myself to have moral and integrity, and even though I don't have any insider info I think that I owe it to the community to hold on to the shares.

I still don't think that Labcoin is a scam (bad communication? Yes. Bad luck/hardware problems, team issues? Yes and very possible.) but no matter what I think, as someone who have relayed the info give I deserve to share the risk with the rest of the investors.

Luckybit
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September 30, 2013, 06:26:43 PM
 #16343

I know this does not prove much (I guess if you know how bad I am with photoshop it might) and I guess I was also off on my average purchase price but I did promise a screenshot of my 30k share holding so here it is. (sorry for the delay I had a lot of IRL things this weekend).



I have also been asked why I would hold on to the shares and I think my best answer would be that no matter what some people think I consider myself to have moral and integrity, and even though I don't have any insider info I think that I owe it to the community to hold on to the shares.

I still don't think that Labcoin is a scam (bad communication? Yes. Bad luck/hardware problems, team issues? Yes and very possible.) but no matter what I think, as someone who have relayed the info give I deserve to share the risk with the rest of the investors.



It's a start. This is what we needed to see to know you're willing to cooperate with the community if it turns out to be a scam.
twentyseventy
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September 30, 2013, 06:30:52 PM
 #16344

I'm not 'in' on anything, my only involvement is from helping Alessia sell those miners back in the summer, for which a I received a small amount of shares.

As you can see, I sold all of my original (IPO, post-IPO, and earned) shares a while ago. I've been short term speculating since, and now hold 7500 just for the heck of it (purchased on-market for an average of about .00031).

I'm ticked off that Sam Noi no-showed the Q&A, but I'm hoping he is just doing his 'head in the sand' routine until there's something of substance to announce.
bitwhizz
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September 30, 2013, 06:31:19 PM
 #16345

Ok how did you contact the others, through telephone? email? can you disclose more information on them, this is potentially sercious serious fraud and the investors need contact details to the team behind labcoin, not proof that you still have 30k  shares when they might have paid you 500k shares and you have 30k shares remaining, THAT MEANS NOTHING
TheSwede75
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September 30, 2013, 06:34:09 PM
 #16346

Ok how did you contact the others, through telephone? email? can you disclose more information on them, this is potentially sercious serious fraud and the investors need contact details to the team behind labcoin, not proof that you still have 30k  shares when they might have paid you 500k shares and you have 30k shares remaining, THAT MEANS NOTHING

I am of course fully aware of this, I simply posted a screenshot cause forum members asked and I had no reason to hide it. Right now I am waiting for information from the team like everyone else.
auto2nr1
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September 30, 2013, 06:44:48 PM
 #16347

I know this does not prove much (I guess if you know how bad I am with photoshop it might) and I guess I was also off on my average purchase price but I did promise a screenshot of my 30k share holding so here it is. (sorry for the delay I had a lot of IRL things this weekend).



I have also been asked why I would hold on to the shares and I think my best answer would be that no matter what some people think I consider myself to have moral and integrity, and even though I don't have any insider info I think that I owe it to the community to hold on to the shares.

I still don't think that Labcoin is a scam (bad communication? Yes. Bad luck/hardware problems, team issues? Yes and very possible.) but no matter what I think, as someone who have relayed the info give I deserve to share the risk with the rest of the investors.



Thank you for posting this. I want to know how you communicate with the "team". And when you say "team", you mean Sam correct?
TMAN
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September 30, 2013, 06:45:31 PM
 #16348

Ok how did you contact the others, through telephone? email? can you disclose more information on them, this is potentially sercious serious fraud and the investors need contact details to the team behind labcoin, not proof that you still have 30k  shares when they might have paid you 500k shares and you have 30k shares remaining, THAT MEANS NOTHING

I am of course fully aware of this, I simply posted a screenshot cause forum members asked and I had no reason to hide it. Right now I am waiting for information from the team like everyone else.

Thanks Swede, good show. Its not much but its more than we have had from Sam, did he update you about the missed Q & A?
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September 30, 2013, 06:46:34 PM
 #16349

Will labcoin be moving to havelock?

฿Allaboutbit ฿฿Cludcoin ฿[/color]
labcoin
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September 30, 2013, 06:46:54 PM
 #16350

Apologizes for delaying.  I'm joining #labcoin irc.freenode.org now.

Samuel

http://labcoin.com - Proprietary ASIC technology
abuelau
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September 30, 2013, 06:49:54 PM
 #16351

Holy smokes Batman

Know what's happening in cryptoworld: www.coinschedule.com
TMAN
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September 30, 2013, 06:51:02 PM
 #16352

would someone please post a link that works on an IOS device, i'm away from my PC & cant access it right now.

thanks
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September 30, 2013, 06:51:21 PM
 #16353

Apologizes for delaying.  I'm joining #labcoin irc.freenode.org now.

Samuel

for visibility
wickedgoodtrader
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September 30, 2013, 06:51:36 PM
 #16354

Isn't it bizarre how the swede, twentyseventy, and labcoin all have been gone for a day and all of them show up and have a post within a couple minutes of eachother.
bitwhizz
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September 30, 2013, 06:52:16 PM
 #16355

i just care about joining this irc and seeing what they have to say at the moment
cp1
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September 30, 2013, 06:55:00 PM
 #16356

I bought 6 shares with the change I had left over when withdrawing all from BTCT.  I wonder if I can sell high enough to withdraw it.

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
JoTheKhan
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September 30, 2013, 06:56:04 PM
 #16357

Isn't it bizarre how the swede, twentyseventy, and labcoin all have been gone for a day and all of them show up and have a post within a couple minutes of eachother.

No More Fud. This is going to the moon!!! /s

Yeah it is, don't forget TheSwede missed the deadline he posted originally and so did Sam.
labcoin
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September 30, 2013, 07:01:03 PM
 #16358

nickname labcoin_

http://labcoin.com - Proprietary ASIC technology
gimme_bottles
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September 30, 2013, 07:02:01 PM
 #16359

wow, he just announced the batch of chips has a thermal problem (which means they need to redesign) and people are buying heavily...  Roll Eyes
TMAN
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September 30, 2013, 07:02:01 PM
 #16360

nickname labcoin_

thanks man
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