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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1041830 times)
TheCoinBull
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October 15, 2013, 06:53:37 PM
 #17521

So can someone please help me understand: I had some Labcoin shares when BTC-T shut down while labcoin was crashing, now labcoin is actually hashing, when I log in to BTC-T I can still see my shares, but its impossible to trade them, so my question is, what is going to happen to those shares? Will they shut down with the site, or will they be transferrable.

Bitcoin for your thoughts
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October 15, 2013, 06:56:54 PM
 #17522

So can someone please help me understand: I had some Labcoin shares when BTC-T shut down while labcoin was crashing, now labcoin is actually hashing, when I log in to BTC-T I can still see my shares, but its impossible to trade them, so my question is, what is going to happen to those shares? Will they shut down with the site, or will they be transferrable.

It looks like labcoin is moving to cryptostocks.com under the name LBC.  I assume by creating a cryptostocks.com account with the same email address as BTCT.CO will be sufficient for them to transfer your shares.

This is how PETA-MINE performed their transfer.
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October 15, 2013, 06:57:20 PM
 #17523

So can someone please help me understand: I had some Labcoin shares when BTC-T shut down while labcoin was crashing, now labcoin is actually hashing, when I log in to BTC-T I can still see my shares, but its impossible to trade them, so my question is, what is going to happen to those shares? Will they shut down with the site, or will they be transferrable.

either a new exchange & we will migrate or direct shares, to be frank we dont know for sure - but by the looks of havelock's rising price I think everyone who held is going to be happy
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October 15, 2013, 06:57:58 PM
 #17524

We are waiting for an announcement to see if they will be transferred here:

https://cryptostocks.com/securities/53
TheCoinBull
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October 15, 2013, 07:03:42 PM
 #17525

So does this mean there is the possibility of life after death, that all those people who lost thousands, but figured screw it, minds well just hold them as a lottery ticket, may possibly be winning the lottery.

Bitcoin for your thoughts
JohnyBigs
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October 15, 2013, 07:04:07 PM
 #17526

lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little

Even then i wont be happy since that still can be faked. He had enough bitcoins to buy a big chunk of knc jupiter that he now could assemble. The time when i will be happy will be when i believe that the Hashrate cant be faked anymore.

Again this is bad logic. Why would he do this now, when he could have done this months ago to fake it.

If the "a scammer wouldn't do X" logic worked, the simplest way to scam would be to do X.  Sure, he already has your coin, now he's just playing you 4 teh lulz.

Your dumb
JohnyBigs
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October 15, 2013, 07:06:49 PM
 #17527

lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little

Even then i wont be happy since that still can be faked. He had enough bitcoins to buy a big chunk of knc jupiter that he now could assemble. The time when i will be happy will be when i believe that the Hashrate cant be faked anymore.

Again this is bad logic. Why would he do this now, when he could have done this months ago to fake it.

Dont get me wrong. I want labcoin to succeed since im a not small "bagholder". I couldnt sell it without realizing a huge loss so i rather let it invested to gamble. Of course i want it to succeed.

Im simply not so sure anymore. A theory might be that Sam bought 6 knc jupiter for 300btc only. I know that knc delivered many miners in the last days since i did a not small amount of escrows for those miners. So even though they could have run already... they now have some more miners and they have a good amount of shares left. Getting on cryptoxchange and selling all those shares for a reasonable shareprice "might" be the last part of a scam.

So no, im not convinced yet. It still can be faked.

And yes, i want my shares to be worth much. But im not convinced fully yet.

Again why do this now once you destroyed your share price? They could of bought other hashing equipment to get 2TH, Avalons, BFLS, ASIC blades, much earlier and got the share price much higher.

Again non of this makes any sense. What also doesn't make sense is selling 3 million shares for an extra 100K when they already have 700K.

Do you honestly think all this extra effort is worth an extra 100K?
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October 15, 2013, 07:08:16 PM
 #17528

So does this mean there is the possibility of life after death, that all those people who lost thousands, but figured screw it, minds well just hold them as a lottery ticket, may possibly be winning the lottery.
.

yes & the ones who bought on the way down have done well, but the true traders have done the best. i'm happy I have 10 times what I had @ IPO. Havelocks prices are almost @ IPO again
TheCoinBull
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October 15, 2013, 07:09:55 PM
 #17529

Can't believe mee eyes

Bitcoin for your thoughts
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October 15, 2013, 07:14:26 PM
 #17530

lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little

Even then i wont be happy since that still can be faked. He had enough bitcoins to buy a big chunk of knc jupiter that he now could assemble. The time when i will be happy will be when i believe that the Hashrate cant be faked anymore.

Again this is bad logic. Why would he do this now, when he could have done this months ago to fake it.

Dont get me wrong. I want labcoin to succeed since im a not small "bagholder". I couldnt sell it without realizing a huge loss so i rather let it invested to gamble. Of course i want it to succeed.

Im simply not so sure anymore. A theory might be that Sam bought 6 knc jupiter for 300btc only. I know that knc delivered many miners in the last days since i did a not small amount of escrows for those miners. So even though they could have run already... they now have some more miners and they have a good amount of shares left. Getting on cryptoxchange and selling all those shares for a reasonable shareprice "might" be the last part of a scam.

So no, im not convinced yet. It still can be faked.

And yes, i want my shares to be worth much. But im not convinced fully yet.

Again why do this now once you destroyed your share price? They could of bought other hashing equipment to get 2TH, Avalons, BFLS, ASIC blades, much earlier and got the share price much higher.

Again non of this makes any sense. What also doesn't make sense is selling 3 million shares for an extra 100K when they already have 700K.

Do you honestly think all this extra effort is worth an extra 100K?

No, i dont think its the best way to earn more bitcoins. But it might be a way to keep the shareholders in a somewhat happy state for a while, giving a slight hope. Buying time in the meanwhile.
Again... ill be happy if its real but im not relieved yet. You probably remember that i defended labcoin till really late but howards emails really were not able to give me confidence in labcoin. Until this trust is back a bit more has to happen as 6 knc jupiter's hashpower.

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JohnyBigs
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October 15, 2013, 07:15:44 PM
 #17531

the shareholder council needs to add to the list that dividend paying scypt until this gets to the exchange.
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October 15, 2013, 07:17:43 PM
 #17532

lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little

Even then i wont be happy since that still can be faked. He had enough bitcoins to buy a big chunk of knc jupiter that he now could assemble. The time when i will be happy will be when i believe that the Hashrate cant be faked anymore.

Again this is bad logic. Why would he do this now, when he could have done this months ago to fake it.

Dont get me wrong. I want labcoin to succeed since im a not small "bagholder". I couldnt sell it without realizing a huge loss so i rather let it invested to gamble. Of course i want it to succeed.

Im simply not so sure anymore. A theory might be that Sam bought 6 knc jupiter for 300btc only. I know that knc delivered many miners in the last days since i did a not small amount of escrows for those miners. So even though they could have run already... they now have some more miners and they have a good amount of shares left. Getting on cryptoxchange and selling all those shares for a reasonable shareprice "might" be the last part of a scam.

So no, im not convinced yet. It still can be faked.

And yes, i want my shares to be worth much. But im not convinced fully yet.

Again why do this now once you destroyed your share price? They could of bought other hashing equipment to get 2TH, Avalons, BFLS, ASIC blades, much earlier and got the share price much higher.

Again non of this makes any sense. What also doesn't make sense is selling 3 million shares for an extra 100K when they already have 700K.

Do you honestly think all this extra effort is worth an extra 100K?

No, i dont think its the best way to earn more bitcoins. But it might be a way to keep the shareholders in a somewhat happy state for a while, giving a slight hope. Buying time in the meanwhile.
Again... ill be happy if its real but im not relieved yet. You probably remember that i defended labcoin till really late but howards emails really were not able to give me confidence in labcoin. Until this trust is back a bit more has to happen as 6 knc jupiter's hashpower.

Again auction style IPO bring in 4X the amount, at $3 Million, disappear, not stick around. Now their level of incompetence is beyond belief.
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October 15, 2013, 07:26:44 PM
 #17533

...
Again why do this now once you destroyed your share price? They could of bought other hashing equipment to get 2TH, Avalons, BFLS, ASIC blades, much earlier and got the share price much higher.

Again non of this makes any sense. ...

The very reason you're holding this bag-o-dick is *because* nothing makes any sense to U.  It breaks my heart to bring up this unpleasantness, but i feel it's my duty as an adult.
Don't take advantage of my soft heart and kind nature -- i don't want to repeat this again Angry
TheCoinBull
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October 15, 2013, 07:29:50 PM
 #17534

mining at 2.4

Bitcoin for your thoughts
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October 15, 2013, 07:35:05 PM
 #17535

...
Again why do this now once you destroyed your share price? They could of bought other hashing equipment to get 2TH, Avalons, BFLS, ASIC blades, much earlier and got the share price much higher.

Again non of this makes any sense. ...

The very reason you're holding this bag-o-dick is *because* nothing makes any sense to U.  It breaks my heart to bring up this unpleasantness, but i feel it's my duty as an adult.
Don't take advantage of my soft heart and kind nature -- i don't want to repeat this again Angry

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jeffhuys
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October 15, 2013, 07:35:35 PM
 #17536

Sad, very sad. "investors" still don't get that this is nothing compared to what they have paid (and what has been promised), and that no, they won't get a return on their investment. Any miserable news will let the scam continue to go for a little while longer. Those 2 TH weren't any good a month ago, what do you expect now?

It's a start, debby.

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October 15, 2013, 07:37:31 PM
 #17537

I was under the impression that CoinT on pico was known to be an outright scam.  Why is it still listed?
It isn't; it's actually Picostocks buying CoinTerra shares and selling bitcoin passthrouh of those shares.
The Pico guy however refuses to give any basic info to investors, making it reason enough to stay away.

There are no "cointerra shares"

JohnyBigs
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October 15, 2013, 07:40:57 PM
 #17538

Sad, very sad. "investors" still don't get that this is nothing compared to what they have paid (and what has been promised), and that no, they won't get a return on their investment. Any miserable news will let the scam continue to go for a little while longer. Those 2 TH weren't any good a month ago, what do you expect now?

Please, stop taking it in the butt.

Also, +40% difficulty tomorrow.

Point is if these chips are stable, which they seem they are, it's not hard to bring up the hash. The whole problem was working boards and chips, if that has been taken care of it's easy for them to scale to 10-30-500-1000TH
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October 15, 2013, 07:43:39 PM
 #17539

It's a start, debby.
And this is exactly the kind of stupid, willing "please scam me" attitude I am talking about.

Point is if these chips are stable, which they seem they are, it's not hard to bring up the hash. The whole problem was working boards and chips, if that has been taken care of it's easy for them to scale to 10-30-500-1000TH
lel
that's going to work as well as your 5 BTC per share.
lel they have 2TH stable, go grief some more
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October 15, 2013, 07:44:47 PM
 #17540

It's a start, debby.
And this is exactly the kind of stupid, willing "please scam me" attitude I am talking about.

Point is if these chips are stable, which they seem they are, it's not hard to bring up the hash. The whole problem was working boards and chips, if that has been taken care of it's easy for them to scale to 10-30-500-1000TH
lel
that's going to work as well as your 5 BTC per share.


And with that, I think I'm out trying to convince Labcoin "investors" of anything. They're going to let the Italian scammers get away with it, and they will get scammed again and again. Morons.

Only moron here is you, hence George as your avatar perfect fit logical reasoning doesn't work in your bald stocky fail mind.
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