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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1041548 times)
zumzero
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September 30, 2013, 08:25:59 PM
 #16461

So hardware incoming before 16th October and a guarantee to repay over 50% of ipo price should project fail, which is >0.0005.

This means that the minimal value for these shares should be >0.0005  so they are currently undervalued.

Shouldn't be too long before the market catches up to this great news.

Decent divs by the middle of October means the project is pressing ahead with or without the naysayers.

Your posts switch sides like the wind.  Kinda obvious what you are trying to accomplish. Tongue

I am trying to make myself some money.  Of course I switch.  That's how you make money.  Currently I'm down but I'm not crying about it, just trying to improve things.  Smiley

EDIT:  In all honesty, apart from when I was spreading FUD hundreds of pages ago, I have spoken the truth based on how I saw it at the time.  I'm talking since I bought my first shares a couple of days ago.
I was in, I was out, and now I'm back in.  It's hardly surprising given the rollercoaster that is Labcoin.  One minute it's a scam, then there is a possibilty it isn't and so on.


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redbeans2012
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September 30, 2013, 08:26:19 PM
 #16462

So hardware incoming before 16th October and a guarantee to repay over 50% of ipo price should project fail, which is >0.0005.

This means that the minimal value for these shares should be >0.0005  so they are currently undervalued.

Shouldn't be too long before the market catches up to this great news.

Decent divs by the middle of October means the project is pressing ahead with or without the naysayers.

Half you guys are just delusional at this point.  A "guarantee"?  Oh yes, because all of the other "guarantees" LC has made have been legitimate.  

Sometimes you just need a little faith and believe in your fellow human beings.  This Labcoin dude appears genuine so let's give him a chance to make things right.

So genuine he still will not prove his identity, or show us pictures of the hardware that is hashing.
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September 30, 2013, 08:26:22 PM
 #16463

seems like he is running out of good questions. "<@radiumsoup> How much time do you spend on labcoin every day?". I guess the next is if she takes her coffee with sugar or milk.

Please ask for someone with a verifiable ID to vouch for this "sam".
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September 30, 2013, 08:26:59 PM
 #16464

So you can sell at what? 0.0005?

So hardware incoming before 16th October and a guarantee to repay over 50% of ipo price should project fail, which is >0.0005.

This means that the minimal value for these shares should be >0.0005  so they are currently undervalued.

Shouldn't be too long before the market catches up to this great news.

Decent divs by the middle of October means the project is pressing ahead with or without the naysayers.

Half you guys are just delusional at this point.  A "guarantee"?  Oh yes, because all of the other "guarantees" LC has made have been legitimate.  

Sometimes you just need a little faith and believe in your fellow human beings.  This Labcoin dude appears genuine so let's give him a chance to make things right.
BitCsByBit
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September 30, 2013, 08:27:38 PM
 #16465

I'm pretty certain that this Sam character doesn't exist.  Not sure how he will pull this off to get listed on Bitfunder ect.

Burnside is the only person who can confirm this as no one else has heard Sam's voice.

Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
VolanicEruptor
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September 30, 2013, 08:28:31 PM
 #16466

how is he in Switzerland if he has a Taiwan IP address.

merv77
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September 30, 2013, 08:29:37 PM
 #16467

let him talk and identify himself...

if he's serious and just got big problems with hardware then he's got nothing to worry about revealing himself.

reveal yourself and tell us where are you located..?

Would you let members view the boards and chips and try suggest how to save the situation.

Where are you and would you meet up with investors of Labcoin?  When and where?
TMAN
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September 30, 2013, 08:29:48 PM
 #16468

[21:28] <+labcoin__> yes, please start the process of nominating an advisory board to submit


this should go better than inactive mining version, at least this guy seems to be taking advice,
bjack0815
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September 30, 2013, 08:30:02 PM
 #16469

Can someone please post a complete quote of the chat when it's finished?

Work hard, play hard.
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September 30, 2013, 08:30:51 PM
 #16470

how is he in Switzerland if he has a Taiwan IP address.

Ever heard of a proxy?

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September 30, 2013, 08:31:08 PM
 #16471

how is he in Switzerland if he has a Taiwan IP address.

He could be using VPN access through his work/home in Taiwan. I'm not saying it's probable but it's a plausible reason.

TMAN
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September 30, 2013, 08:32:14 PM
 #16472

[21:30] <@radiumsoup> sorry to repeat, but someone is asking for clarification on the labcoin1 btct account - are you going to make that portfolio public to prove the shares have not been sold?

[21:31] <+labcoin__> the two million shares?yes
[21:31] <+labcoin__> how can i do this?

wickedgoodtrader
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September 30, 2013, 08:32:17 PM
 #16473

Labcoin has officially dodged EVERY question and once again not put up 1 shred of evidence
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September 30, 2013, 08:32:31 PM
 #16474

Can someone please post a complete quote of the chat when it's finished?

http://irc.radiumsoup.com/freenode/labcoin/logs/
wickedgoodtrader
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September 30, 2013, 08:36:25 PM
 #16475

Radium was asking good questions to begin with, but you can tell he wants to be a believer. Anytime labcoin dodges the question he just lets him slide. "Ah sure you can just post that to the forums later.. thank you".  They have proven to NEVER follow up with prove of anything, so he shouldn't get to slide and should have to post certain things NOW.
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September 30, 2013, 08:37:12 PM
 #16476

radiumsoup mangled my question, but :

22:32] <@radiumsoup> If all the chips are packaged using the overheating package, will the next batch be a different package?
[22:33] <+labcoin__> of course the mistake won't be  repeated.

A new production run to produce fresh wafers and dies to put in that improved package will cost 2-3 months at minimum, and clearly it hasnt been started.  By then the game is up for 130nm chips.

Even if you think this isnt a scam, AFAICS, its game over.
zumzero
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September 30, 2013, 08:37:19 PM
 #16477

So an Advisory Board is going to be formed.  This is a very positive sign and if it happens could be just what the community needs in terms of information sharing.

EDIT: and wickedgoodtrader, please don't call me names, it is insulting.

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TMAN
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September 30, 2013, 08:39:16 PM
 #16478

So an Advisory Board is going to be formed.  This is a very positive sign and if it happens could be just what the community needs in terms of information sharing.

it seems like he is willing to work with us. shame this didn't happen a few weeks ago - but a number of us have done well getting more shares..
wickedgoodtrader
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September 30, 2013, 08:39:51 PM
 #16479

So an Advisory Board is going to be formed.  This is a very positive sign and if it happens could be just what the community needs in terms of information sharing.

EDIT: and wickedgoodtrader, please don't call me names, it is insulting.

Well then don't call labcoin a scam and then not call them a scam and then call them a scam and then not call them a scam.
Ytterbium
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September 30, 2013, 08:41:35 PM
 #16480

Quote
[15:33] <@radiumsoup> Would you be willing to send a sample board to someone trusted such as TheSeven? Any board that is currently working
[15:33] == yyysdr [75880bc6@gateway/web/freenode/ip.117.136.11.198] has joined #labcoin
[15:35] <+labcoin__> Yes, i'll arrange this as well. I'll communicate when i'm returning from my trip.
[15:35] == ishkur [d1f9e95e@gateway/web/freenode/ip.209.249.233.94] has quit [Ping timeout: 250 seconds]
[15:36] <+labcoin__> i am running out of time. Are there any more questions?
[15:36] <@radiumsoup> yes, I have a lot of windows to go through, sorry
[15:36] <+labcoin__> Next dividend is due on Oct. 2
[15:36] <@radiumsoup> when will you be back in Shenzen/Hong Kong?
[15:36] <+labcoin__> Alright,i'll hang on a bit more.
[15:37] <+labcoin__> In about 10 days.
[15:37] == LSkull_ [~lskull@198.102.54.77.rev.vodafone.pt] has joined #labcoin

10 DAYS!?

Wow, great commitment to the company there... He takes $700k from people and it's just some part-time hobby for him? Ugh.

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