Bitcoin Forum
October 19, 2017, 08:02:45 AM *
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 ... 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 [826] 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 ... 914 »
  Print  
Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1040713 times)
TMAN
Hero Member
*****
Offline Offline

Activity: 574


View Profile
September 30, 2013, 08:57:37 PM
 #16501

Ok... my take is that lots of promises were made but he couldn't deliver. On purpose? Maybe yes, maybe not. If you look at other ASIC companies they ALL had issues and delays too.

The reason for the poor communication and poor management? It's a SINGLE guy doing Labcoin as a side project. Is it wrong to do this as a side project? Maybe yes, maybe not.

Lots of promises were made... but the guy did show up. Late as usual, but he did.

So my veredict? I think before the chat there was a 5% chance of Labcoin turning things around, that chance is now 15%. But that's my opinion of course.

I think its more like 50%, the guy is going to send kit to the 7, he is willing to take on a board of shareholders & if he cant fix the issue through outsourcing he will reach out to the community, im buying more - Fuck it, 20TH is worth 5 X what we are @ now
1508400165
Hero Member
*
Offline Offline

Posts: 1508400165

View Profile Personal Message (Offline)

Ignore
1508400165
Reply with quote  #2

1508400165
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508400165
Hero Member
*
Offline Offline

Posts: 1508400165

View Profile Personal Message (Offline)

Ignore
1508400165
Reply with quote  #2

1508400165
Report to moderator
1508400165
Hero Member
*
Offline Offline

Posts: 1508400165

View Profile Personal Message (Offline)

Ignore
1508400165
Reply with quote  #2

1508400165
Report to moderator
1508400165
Hero Member
*
Offline Offline

Posts: 1508400165

View Profile Personal Message (Offline)

Ignore
1508400165
Reply with quote  #2

1508400165
Report to moderator
Bargraphics
Hero Member
*****
Offline Offline

Activity: 518


Every man is guilty of all the good he did not do.


View Profile
September 30, 2013, 08:58:14 PM
 #16502

Here's a pastebin of the IRC Meeting

http://pastebin.com/RSa1JPvM
demzie
Sr. Member
****
Offline Offline

Activity: 266



View Profile
September 30, 2013, 08:58:35 PM
 #16503

Samuele Noi.

Consider that about 3 people having a phone number in Italy have surname "Noi" (http://www.paginebianche.it/persone?qs=noi&dv=).
Pretty uncommon, isn't it?

That name sounds just plain fake.

hahaha all chinese immigrants in phone book? Look under restaurants man!
pedrog
Legendary
*
Offline Offline

Activity: 1596



View Profile
September 30, 2013, 09:01:28 PM
 #16504

Samuele Noi.

Consider that about 3 people having a phone number in Italy have surname "Noi" (http://www.paginebianche.it/persone?qs=noi&dv=).
Pretty uncommon, isn't it?

That name sounds just plain fake.

No one uses land line nowadays, and it's only one per house, only one name is listed.

That is not evidence.

ampu
Full Member
***
Offline Offline

Activity: 173



View Profile
September 30, 2013, 09:01:58 PM
 #16505

Samuele Noi.

Consider that about 3 people having a phone number in Italy have surname "Noi" (http://www.paginebianche.it/persone?qs=noi&dv=).
Pretty uncommon, isn't it?

That name sounds just plain fake.

Fake name!!!!

So no one cares about my last post where there is evidence showing that Fabrizio is using 'labcoin" forum name and Samuel Noi's name to sign forum posts?

http://pastebin.com/ECm7V0LT

Google translate - http://translate.google.com.au/translate?hl=en&sl=it&tl=en&u=http%3A%2F%2Fpastebin.com%2FECm7V0LT


BTC: 1LVzxHuyHjCgoTYggmNVNswdLK7yWsy78y
smoothie
Legendary
*
Offline Offline

Activity: 2058


LEALANA Monero Physical Silver Coins


View Profile
September 30, 2013, 09:02:31 PM
 #16506

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..

Everything is not always at it seems.

Why doesn't the guy just prove his identity and whereabouts? He was able to take people's money for mining hardware, but can't give back any "good faith" information?


███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
smoothie
Legendary
*
Offline Offline

Activity: 2058


LEALANA Monero Physical Silver Coins


View Profile
September 30, 2013, 09:03:38 PM
 #16507

A LOT of promises are being made...

Agreed. And nothing of substance. Not surprised here.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
Ytterbium
Full Member
***
Offline Offline

Activity: 238



View Profile WWW
September 30, 2013, 09:03:54 PM
 #16508

A lot of people were talking about the thermal image when the pictures of the chips were posted.  I actually ran the numbers and came up with about 1W of cooling for the chip (Well, per side - but one side would be against the PCB)

Kind of amazing that they would make a mistake like this, something that was obvious to random people on the forum.

Not exactly.  The W/mm2 issue has to do with the size of the physical chip, not the size of the packaging.  There's only so much heat that can be removed from silicon for a given temperature gradient. For the packaging, you can use materials like copper or aluminum that have higher thermal conductivity then Silicon.

While the die size determines the heat transfer at the silicon junction, the size and more importantly type of package is also important as the thermal energy must pass through the package as well and the lower the thermal conductivity the higher the core die temp is going to reach.

Yeah, I was just pointing out the size of the packages is not the major determining factor.  A "chip scale" flip chip BGA package would probably be tiny but still be able to remove a lot of heat (from what I understand)

Quote
The bizarre thing is that they reported using "QFP packaging, 44 pin, no exposed heat pad" for the size of the die that makes absolutely no sense @ >12W and is still hard to believe even at 5W.  They do make packages with exposed metal heat pad to improve heat transfer.  For example this is the Avalon chip.



It is strange. It would be helpful to have more information from them on why they decided to forgo the heat pad. Maybe they think the plastic will be able to dissipate the heat.  

The thermal conductivity of plastic is about 0.2-0.5 W/mK, compared to 200 for aluminum.

But, remember the 'm' stands for the thickness of the material, not the surface area.  If the package material is very thin, it can still conduct a decent amount of heat.

If you have a surface area of 1cm (0.0001m2), thermal conductivity of 0.5 W/mK, 50C temperature difference, and 0.25mm thick layer of plastic, you should be able to move

-(0.5W/mK) * 0.0001m2 * (50K / 0.0025m)
=-0.5W/K*0.0001m*(20000K/m)
=-0.5W/K*0.0001*20000K
=-0.5W*0.0001*20000
=-1W.

So, just one watt of cooling using those parameters. Maybe 2 watts if you count both sides.

It's also possible that they could be using a type of plastic with a higher thermal conductivity as well.

And, it's also possible my math could be completely off.  The units did cancel properly, but I could be doing that totally wrong Tongue

EDIT: A 12-inch wafer is 0.775mm thick, and a lqfp44 package is 1.2mm thick (not counting the pins).  So the thickness of the packaging should be 0.21mm on either side. But there could be other materials in there as well. If so, that should increase the amount of heat able to be emitted package a great deal.

Anyway, we'll find out in a few days what's actually possible.

bitrich
Member
**
Offline Offline

Activity: 109



View Profile
September 30, 2013, 09:04:43 PM
 #16509

Ive already said there is no point in selling now for me, Im going to wait it out. I'm feeling alot better about the situation now. Now if labcoin will continue to communicate and rebuild the relationship with shareholders they could keep the FUD at bay.
Puppet
Legendary
*
Offline Offline

Activity: 966


View Profile
September 30, 2013, 09:05:18 PM
 #16510

another bullshit QA session, how to even begin dissecting that mess?  Grin

connecting from anonymizer in taiwan, switzerland, here is uncloaked IP of labcoin user

Code:
IP:151.47.55.164
Header: Mozilla/5.0 (Macintosh; Intel Mac OS X 10_7_4) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/29.0.1547.76 Safari/537.36
City: Treviso, Veneto, Italy
Provider:Wind Telecomunicazioni S.p.a
Lat: 42.8333
Long:12.8333
Host: adsl-ull-164-55.47-151.net24.it

Elaborate?
velacreations
Sr. Member
****
Offline Offline

Activity: 476


View Profile
September 30, 2013, 09:09:09 PM
 #16511

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.
where is that in writing with 3rd party verification?  How many promises has this guy broken already, and you expect him to give you a refund AFTER the exchange closes?  HA!

crumbs
Full Member
***
Offline Offline

Activity: 210



View Profile
September 30, 2013, 09:11:30 PM
 #16512

Samuele Noi.

Consider that about 3 people having a phone number in Italy have surname "Noi" (http://www.paginebianche.it/persone?qs=noi&dv=).
Pretty uncommon, isn't it?

That name sounds just plain fake.

Tinfoilery lesson:

Samnoi -- Phonetic spelling of Russian word "with me"
Noi -- Italian for "we," "us"
Sam -- sounds like "Some"

OoOoohhh Shocked
/hides
camu6
Full Member
***
Offline Offline

Activity: 153



View Profile
September 30, 2013, 09:11:49 PM
 #16513

Well, he used the speculations in this thread to fill his answers. That's pretty smart. But still a shitload of fuckups.



[22:16] <@radiumsoup> what is the current hashrate that you saw the last time you looked?
[22:16] <+labcoin__> 0.680 th


[23:04] <StalkBot> [ Estimated hashrate between the last 25 deposits <384.42 GH/sec> ]
[23:04] <StalkBot> [ Mining 1.57657557 over 1 day, 6 hours at 148819200 difficulty ]
[23:04] <StalkBot> [ Team 'labcoin' not in the top 25 at BTCGuild page ]
ronaldlee0917
Full Member
***
Offline Offline

Activity: 238



View Profile
September 30, 2013, 09:14:00 PM
 #16514

Any chance Fabrizio Tatti = Samuel Noi?
Both are Italians, both live and work in Shenzhen, China.

Donation:    18zXsfnSvGjQFJ6pEiKMg2uWGcxUCfJLzu
Mastercoin - A new protocol layer built on top of Bitcoin
pedrog
Legendary
*
Offline Offline

Activity: 1596



View Profile
September 30, 2013, 09:14:23 PM
 #16515

another bullshit QA session, how to even begin dissecting that mess?  Grin

connecting from anonymizer in taiwan, switzerland, here is uncloaked IP of labcoin user

Code:
IP:151.47.55.164
Header: Mozilla/5.0 (Macintosh; Intel Mac OS X 10_7_4) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/29.0.1547.76 Safari/537.36
City: Treviso, Veneto, Italy
Provider:Wind Telecomunicazioni S.p.a
Lat: 42.8333
Long:12.8333
Host: adsl-ull-164-55.47-151.net24.it

Elaborate?

Please!

How did you got that information?

Ytterbium
Full Member
***
Offline Offline

Activity: 238



View Profile WWW
September 30, 2013, 09:15:53 PM
 #16516

another bullshit QA session, how to even begin dissecting that mess?  Grin

connecting from anonymizer in taiwan, switzerland, here is uncloaked IP of labcoin user

Code:
IP:151.47.55.164
Header: Mozilla/5.0 (Macintosh; Intel Mac OS X 10_7_4) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/29.0.1547.76 Safari/537.36
City: Treviso, Veneto, Italy
Provider:Wind Telecomunicazioni S.p.a
Lat: 42.8333
Long:12.8333
Host: adsl-ull-164-55.47-151.net24.it

Elaborate?

Please!

How did you got that information?

Simple, he made it up. His IP was 31.7.62.91 - and he wasn't using the web interface, so there wouldn't be any reason for browser information to show up.  The IP was swiss, btw.

zumzero
Hero Member
*****
Offline Offline

Activity: 602


myBitcoin.Garden


View Profile WWW
September 30, 2013, 09:16:41 PM
 #16517

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.
where is that in writing with 3rd party verification?  How many promises has this guy broken already, and you expect him to give you a refund AFTER the exchange closes?  HA!

There is no 3rd party verification because the guy only recently posted that information and wasn't asked to have it verified by a third party.  Your question was a bit silly.

He has not broken any promises as he hasn't made any promises.  To do that you need to say, 'I promise...'.  Another silly question I'm afraid.

I don't expect him to give any refunds as I agree with him that this project will not turn out to be a failure.  Your last question was a little better.

On the whole, I'm glad you didn't ask the questions as you are not very good at them.

https://mybitcoin.garden
Bitcoin game where you can earn up to 220% on each planted garden!
sveetsnelda
Hero Member
*****
Offline Offline

Activity: 644


View Profile
September 30, 2013, 09:17:55 PM
 #16518

Well, he used the speculations in this thread to fill his answers. That's pretty smart. But still a shitload of fuckups.



[22:16] <@radiumsoup> what is the current hashrate that you saw the last time you looked?
[22:16] <+labcoin__> 0.680 th


[23:04] <StalkBot> [ Estimated hashrate between the last 25 deposits <384.42 GH/sec> ]
[23:04] <StalkBot> [ Mining 1.57657557 over 1 day, 6 hours at 148819200 difficulty ]
[23:04] <StalkBot> [ Team 'labcoin' not in the top 25 at BTCGuild page ]
To be fair, BTCGuild has been getting destroyed with DDOS attacks for the last 18-19ish hours. (I mine there).  If they're pointing those miners at any of the public servers, they're hosed.

14u2rp4AqFtN5jkwK944nn741FnfF714m7
pedrog
Legendary
*
Offline Offline

Activity: 1596



View Profile
September 30, 2013, 09:18:04 PM
 #16519

another bullshit QA session, how to even begin dissecting that mess?  Grin

connecting from anonymizer in taiwan, switzerland, here is uncloaked IP of labcoin user

Code:
IP:151.47.55.164
Header: Mozilla/5.0 (Macintosh; Intel Mac OS X 10_7_4) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/29.0.1547.76 Safari/537.36
City: Treviso, Veneto, Italy
Provider:Wind Telecomunicazioni S.p.a
Lat: 42.8333
Long:12.8333
Host: adsl-ull-164-55.47-151.net24.it

Elaborate?

Please!

How did you got that information?

Simple, he made it up. His IP was 31.7.62.91 - and he wasn't using the web interface, so there wouldn't be any reason for browser information to show up.  The IP was swiss, btw.

Yes, my thoughts also.

Another troll to ignore...

zumzero
Hero Member
*****
Offline Offline

Activity: 602


myBitcoin.Garden


View Profile WWW
September 30, 2013, 09:22:42 PM
 #16520

Ok... my take is that lots of promises were made but he couldn't deliver. On purpose? Maybe yes, maybe not. If you look at other ASIC companies they ALL had issues and delays too.

The reason for the poor communication and poor management? It's a SINGLE guy doing Labcoin as a side project. Is it wrong to do this as a side project? Maybe yes, maybe not.

Lots of promises were made... but the guy did show up. Late as usual, but he did.

So my veredict? I think before the chat there was a 5% chance of Labcoin turning things around, that chance is now 15%. But that's my opinion of course.

I think its more like 50%, the guy is going to send kit to the 7, he is willing to take on a board of shareholders & if he cant fix the issue through outsourcing he will reach out to the community, im buying more - Fuck it, 20TH is worth 5 X what we are @ now

This is absolutely true.  Look, at the end of the day Labcoin Sam told us what the issues are and what is being done about it.  It's clearly not a scam and people, I believe, are opening their eyes to that.

20TH/s is on the menu and I'm hungry!  Grin

https://mybitcoin.garden
Bitcoin game where you can earn up to 220% on each planted garden!
Pages: « 1 ... 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 [826] 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 ... 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!