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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1041635 times)
bitmoon
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October 09, 2013, 06:28:57 AM
 #17141

@dhenson

the problem right now, i expected labcoin atleast login to forum next day after bitcointalk was up.

but he didnt, neither he dumped the 2million before trade is cut off.

labcoin vanished since QA, never posted anything as news in btct when forum got hacked.

now he is no where to be found, he said 10days in QA when he will be back, but that doesnt justify him not picking up phone call from swede or login in to forum.

for me i think he ran away , and didnt care to dump the 2million for a few coins n take the hassle to withdraw it, cuase burnside is looking too properly
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October 09, 2013, 07:47:32 AM
 #17142

You may still return the shares to the issuer 'labcoin2' I guess it will take down the number of shares under 9,999,995 as mentioned several thousand pages earlier I think ;-)

At least a couple of shares, or all of them and demand a refund... 0.00000014-18 was still a good price after all for 0,00 GHS hashrate.
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October 09, 2013, 10:32:50 AM
 #17143

Welp, there goes all of my money in labcoin shares.
Bitcycle
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October 09, 2013, 11:27:04 AM
 #17144


No, this list isn't going away.  It's here as a reminder of what has not been done.


It's been 8 days since this list was posted.

Unfortunately, no action items have been completed.

The list remains as it is.  I am including some suggestions added by the community, though it is important to note that these have not been agreed to by Mr. Noi.

I am PMing a reminder copy to Mr. Noi as soon as this is posted.

NOTES FROM THE Q&A

INCLUDING A TO-DO LIST FOR SAMUELE NOI.

I am PMing a copy of this to-do list to the Labcoin account as a reminder of the action items from this session.

I am also asking Mr. Noi to inform us when these items are completed.

Actions for the next 24 hours.
  • Skype session with Ukyo regarding Bitfunder listing
  • Posting to the forum the amount of BTC left in the company funds.
  • Change pool to Eligius
  • Make the labcoin portfolio public on BTCT

Other actions to complete ASAP
  • Verification of ID.  A good start would be writing "I am Samuele Noi of Labcoin" and the date on a piece paper, and photograph yourself holding it.
  • Photos of the hosting facilities as well as the operational boards
  • Send a sample board to TheSeven.  This should be done immediately as the sooner he gets the board the sooner he can provide advice. Delays have a direct cost.
  • Exact power consumption figures for the chips/boards


Actions for the community to complete ASAP
  • Nominate a panel of community representatives to work closely with Samuele. This should be done immediately. We complain about delays from Sam, let's not do what we criticize him for.

Suggested additional items from the community
  • Meet with a shareholder in person in Shenzhen / Hong Kong. Lunch/coffee/tea meeting etc.  Merv77 has indicated that he will be in town and available Oct 23 - Nov 11. An in person meeting with a third party could soothe a lot of anxieties.
  • Provide a full accounting for all money spent so far.  A spreadsheet showing expenses and dates would be ideal.

THIS LIST WILL BE REPOSTED DAILY WITH ITEMS CHECKED OFF AS THEY ARE COMPLETED


ShroomsKit
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October 09, 2013, 11:50:00 AM
 #17145


No, this list isn't going away.  It's here as a reminder of what has not been done.


It's been 8 days since this list was posted.

Unfortunately, no action items have been completed.

The list remains as it is.  I am including some suggestions added by the community, though it is important to note that these have not been agreed to by Mr. Noi.

I am PMing a reminder copy to Mr. Noi as soon as this is posted.

NOTES FROM THE Q&A

INCLUDING A TO-DO LIST FOR SAMUELE NOI.

I am PMing a copy of this to-do list to the Labcoin account as a reminder of the action items from this session.

I am also asking Mr. Noi to inform us when these items are completed.

Actions for the next 24 hours.
  • Skype session with Ukyo regarding Bitfunder listing
  • Posting to the forum the amount of BTC left in the company funds.
  • Change pool to Eligius
  • Make the labcoin portfolio public on BTCT

Other actions to complete ASAP
  • Verification of ID.  A good start would be writing "I am Samuele Noi of Labcoin" and the date on a piece paper, and photograph yourself holding it.
  • Photos of the hosting facilities as well as the operational boards
  • Send a sample board to TheSeven.  This should be done immediately as the sooner he gets the board the sooner he can provide advice. Delays have a direct cost.
  • Exact power consumption figures for the chips/boards


Actions for the community to complete ASAP
  • Nominate a panel of community representatives to work closely with Samuele. This should be done immediately. We complain about delays from Sam, let's not do what we criticize him for.

Suggested additional items from the community
  • Meet with a shareholder in person in Shenzhen / Hong Kong. Lunch/coffee/tea meeting etc.  Merv77 has indicated that he will be in town and available Oct 23 - Nov 11. An in person meeting with a third party could soothe a lot of anxieties.
  • Provide a full accounting for all money spent so far.  A spreadsheet showing expenses and dates would be ideal.

THIS LIST WILL BE REPOSTED DAILY WITH ITEMS CHECKED OFF AS THEY ARE COMPLETED




You scare me. Are you for real?

Its price is not a very relevant factor in its adoption....
Bitcycle
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October 09, 2013, 12:23:56 PM
 #17146



You scare me. Are you for real?

Crazy, huh?  I could be more like you and post 100 times without saying anything whatsoever of value, but instead I choose to do what I can to make sure that clear records are kept.
drawingthesun
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October 09, 2013, 12:29:21 PM
 #17147



You scare me. Are you for real?

Crazy, huh?  I could be more like you and post 100 times without saying anything whatsoever of value, but instead I choose to do what I can to make sure that clear records are kept.


I think what's his asking is, how long will you post this list? Its clear the game is over.

Labcoin is forever gone.
Bitcycle
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October 09, 2013, 12:38:32 PM
 #17148



You scare me. Are you for real?

Crazy, huh?  I could be more like you and post 100 times without saying anything whatsoever of value, but instead I choose to do what I can to make sure that clear records are kept.


I think what's his asking is, how long will you post this list? Its clear the game is over.

Labcoin is forever gone.

At least through the end of the month.  The list is not going away.
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October 09, 2013, 12:52:16 PM
 #17149



You scare me. Are you for real?

Crazy, huh?  I could be more like you and post 100 times without saying anything whatsoever of value, but instead I choose to do what I can to make sure that clear records are kept.

There was only one thing of value to be said about Labcoin:  Jesus Christ, it's a LION, GET IN THE CAR!!1! >:3
Some listened, some traded the shit out of it, you, being smarter, held.
Enjoy. Smiley
Bargraphics
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October 09, 2013, 01:23:36 PM
 #17150

BTCGarden Chips

Labcoin


Similar Chips...
Puppet
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October 09, 2013, 01:28:33 PM
 #17151

They look exactly the same as any other QFP44 chip, and there must be a million of those.
Bargraphics
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October 09, 2013, 01:39:06 PM
 #17152

They look exactly the same as any other QFP44 chip, and there must be a million of those.

Fair enough, however didn't Labcoin say because of this packaging they had huge issues with their chips? Somehow magically BTCGarden doesn't?
Rulother
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October 09, 2013, 01:46:15 PM
 #17153

Figured I would chime in here about the Labcoin Shareholders Representative Group (LCSH), we have basically setup a group now and we are communicating back and forth on #irc and the forums as well. We've been doing our own investigation into the legitimacy of Labcoin and the people that are or were once associated with it. Our goals remain the same. Once we to establish a steady stream of communication with Sam, like Swede, we have not been able to. We still want to help him with getting Labcoin back on the right track or look into the best shutdown method. Once we have anything to share, we will.

A Member of the LCSH
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October 09, 2013, 01:51:00 PM
 #17154

They look exactly the same as any other QFP44 chip, and there must be a million of those.

Fair enough, however didn't Labcoin say because of this packaging they had huge issues with their chips? Somehow magically BTCGarden doesn't?

You have many variants of the package that have an influence on heat dissipation. But of course much more important is the power draw. BTCgarden claims 1.5 - 3.75W per chip. Labcoin's paper chip was calculated to draw 12.8W.
Bargraphics
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October 09, 2013, 02:12:26 PM
 #17155

They look exactly the same as any other QFP44 chip, and there must be a million of those.

Fair enough, however didn't Labcoin say because of this packaging they had huge issues with their chips? Somehow magically BTCGarden doesn't?

You have many variants of the package that have an influence on heat dissipation. But of course much more important is the power draw. BTCgarden claims 1.5 - 3.75W per chip. Labcoin's paper chip was calculated to draw 12.8W.

Makes sense, Thanks for the information.
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October 09, 2013, 02:57:40 PM
 #17156

Our goals remain the same. Once we are trying to establish a steady stream of communication with Sam, like Swede, we have not been able to.
Maybe Sam got run over by a slow freight train

TheCoinBull
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October 09, 2013, 03:53:00 PM
 #17157

So what happens to the 5000 labcoin shares I had if left untouched

Bitcoin for your thoughts
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October 09, 2013, 03:54:52 PM
 #17158

So what happens to the 5000 labcoin shares I had if left untouched

They will continue to serve as a reminder of your gullibility?
TheCoinBull
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October 09, 2013, 04:04:28 PM
 #17159

Mainly wondering if labcoin is relisted on another exchange. Is their still going to be record that I won 5000 shares. or have they already disappeared, dont need any sarcasm was a gamble to me all the way through, only lost $2000 alot less than most.

Bitcoin for your thoughts
ishkur
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October 09, 2013, 04:05:11 PM
 #17160

Mainly wondering if labcoin is relisted on another exchange. Is their still going to be record that I won 5000 shares. or have they already disappeared, dont need any sarcasm was a gamble to me all the way through, only lost $2000 alot less than most.

TheSwede75 has a list of all holders
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