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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042598 times)
bitmoon
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October 18, 2013, 08:18:35 PM
 #17781

oh swede is around but on other thread, i though he was long gone.

super shambles.

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October 18, 2013, 09:15:05 PM
 #17782

5.2TH hashing, pankake is starting to have heart failure along with all the other haters.
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October 18, 2013, 09:27:20 PM
 #17783

5.2TH hashing, pankake is starting to have heart failure along with all the other haters.

Hows is that? Labcoin supposedly still has half the IPO money, assuming thats even true, with the other half they could easily have purchased 100 KnC's, good for 50+TH.
How is 5TH supposed to be impressive for a 7000 BTC IPO?

And of course, their miners are still invisible on video or photo's, right? They can deploy 5TH but cant take even a single pic?
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October 18, 2013, 09:32:46 PM
 #17784

5.2TH hashing, pankake is starting to have heart failure along with all the other haters.

funny how u sound happy with old tech with yet no proof, not sure if u r new or took some cheap shares.

u seem to be safe and all good, but u certainly dont have right to rub on people face who are at big loss based on proven research done by diligent shareholder, check on this thread from around date when btct went shutting down and reddit.
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October 18, 2013, 09:34:24 PM
 #17785

OH wait, they are using ghash.io? LOL. Guess who does too:
https://cex.io/

Very easy to get a few TH that way, very difficult to post pictures of something you actually own and doesnt look like a bitfury.
Bitcycle
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October 18, 2013, 09:36:27 PM
 #17786



5.2 TH is essentially nothing.

Why did Sam delete my question about the additional 100,000 chips he claimed he ordered?

If he didn't order those, how is Labcoin going to grow beyond the 12 TH this first batch of chips provides?

How long will LC be stuck at a tiny, tiny 12 TH?

What's the plan?

Sam doesn't want to say, he wants to delete questions.

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October 18, 2013, 09:43:29 PM
 #17787

OH wait, they are using ghash.io? LOL. Guess who does too:
https://cex.io/

Very easy to get a few TH that way, very difficult to post pictures of something you actually own and doesnt look like a bitfury.

oh,i didnt know that,  so labcoin can buy miner from cex and direct it to ghash.io? am i correct?
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October 18, 2013, 09:44:18 PM
 #17788

OH wait, they are using ghash.io? LOL. Guess who does too:
https://cex.io/

Very easy to get a few TH that way, very difficult to post pictures of something you actually own and doesnt look like a bitfury.

oh,i didnt know that,  so labcoin can buy miner from cex and direct it to ghash.io? am i correct?

they could. and they'd lose the rest of all btc - hopefully that's not what they are trying to do

ok
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October 18, 2013, 09:48:43 PM
 #17789

OH wait, they are using ghash.io? LOL. Guess who does too:
https://cex.io/

Very easy to get a few TH that way, very difficult to post pictures of something you actually own and doesnt look like a bitfury.

oh,i didnt know that,  so labcoin can buy miner from cex and direct it to ghash.io? am i correct?

Yep. Im not sure how it would look like in the screenshot, but I would ask one of the "workers" page. Its not going to prove anything conclusively, but could be interesting nonetheless.
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October 18, 2013, 10:00:36 PM
 #17790

OH wait, they are using ghash.io? LOL. Guess who does too:
https://cex.io/

Very easy to get a few TH that way, very difficult to post pictures of something you actually own and doesnt look like a bitfury.

oh,i didnt know that,  so labcoin can buy miner from cex and direct it to ghash.io? am i correct?

they could. and they'd lose the rest of all btc - hopefully that's not what they are trying to do

im not so sure about this.

i could be mistaken, but if im correct, all the mining on ghash.io as a result of a cex.io share purchase mines into the user account balance (for ease of reinvestment.). You can manually divide mining payout by percentage to different addresses, but only for external workers that you direct at the pool. played with the settings on this feature (was trying to send the cex.io mining profits to two external wallets, divided in half). dont own a physical miner, so haven tested it. hope this clears things up.

Green

mayhap someone can simply test this? ghash.io doesnt seem like a bad pool to mine with

bitmoon
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October 18, 2013, 10:14:05 PM
 #17791

btw, i dont understand how can labcoin go mine in private pool for bitfury? assuming they have there "non exisistant" own asic

so how its allowed?
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October 18, 2013, 10:23:08 PM
 #17792

btw, i dont understand how can labcoin go mine in private pool for bitfury? assuming they have there "non exisistant" own asic

so how its allowed?

if you sign up at cex.io, your account lets you log in to ghash.io, and you can define your workers etc like with any other pool. Its not that private.
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October 19, 2013, 12:16:33 AM
 #17793

Cryptostocks is up and live now with trading resuming!
bitmoon
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October 19, 2013, 12:32:23 AM
 #17794

Cryptostocks is up and live now with trading resuming!

funny , it has already lost massive of No. shareholders, lets see which bagholders will be first to dump for that bit profit, before it hit floor again
VolanicEruptor
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October 19, 2013, 12:44:37 AM
 #17795

Cryptostocks is up and live now with trading resuming!

funny , it has already lost massive of No. shareholders, lets see which bagholders will be first to dump for that bit profit, before it hit floor again

It will be strong for awhile at 5TH/S, compared to pre-shutdown price on BTCT

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October 19, 2013, 02:01:17 AM
 #17796

Someone made this (i think Qwerty)  

Interview with labcoin shareholder


http://www.youtube.com/watch?v=JfAwihDHS_A


ROFL  Grin !!!!!!!!!!!!!!!!!!

So funny!

bitmoon
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October 19, 2013, 03:54:47 AM
 #17797

OH wait, they are using ghash.io? LOL. Guess who does too:
https://cex.io/

Very easy to get a few TH that way, very difficult to post pictures of something you actually own and doesnt look like a bitfury.

oh,i didnt know that,  so labcoin can buy miner from cex and direct it to ghash.io? am i correct?

they could. and they'd lose the rest of all btc - hopefully that's not what they are trying to do

meh, never mind, to make account in cex.io you are required to give personal info, like passport photo, bank account,  heavy info,  no way labcoin will do it, maybe they provided false info for time being. who knows?
VolanicEruptor
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October 19, 2013, 04:08:14 AM
 #17798

5.2TH hashing, pankake is starting to have heart failure along with all the other haters.
You have understood nothing of what I said, and welcome to my ignore list of retards/scammers.
Do you also realize that anything under 100 TH at that point is going to be a fat loss for investors?
Also, not even able to spell my nickname properly.

Depends which investors you are talking about, the ones who bought in at IPO/higher, or the ones who bought in at 10% of IPO?

VolanicEruptor
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October 19, 2013, 04:22:36 AM
 #17799

Depends which investors you are talking about, the ones who bought in at IPO/higher, or the ones who bought in at 10% of IPO?
I am talking about IPO investors, or as I would say "most investors". Obviously, I'm going to get stories of people pretending they bought and sold at all the right times. The simple truth is that the initial capital will never be paid back to investors.

Anyway, 10% of IPO is still way too high for current hashrate for any chance of profit.

It's hard to say where "most investors" joined in.  A lot of trading has happened since we went below IPO levels, and I highly doubt you (or anyone) could figure it out.  If Labcoin can continue to hold .15% of the network as we do now, and keep purchasing old equipment to cover their scam, that's .00005 BTC/share annual return.  For some people that's 50% annual return.  LOL

ishkur
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October 19, 2013, 04:29:01 AM
 #17800

I managed to jump back in at .0001150 but that was luck

I bought and sold on the way down... Selling at .0035 was nice.

I am up overall but I have made a good chuck of errors as well.

I do agree that without a lot of TH coming online soon and quickly we won't go anywhere
Lucky enough lowest price we can go is .0001
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