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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
physalis
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September 10, 2013, 10:16:33 PM
 #6741

Guys where are the pictures? ^^
Do you know how to zoom in on a picture? Do it and look at the top chip.
And then, if you don't see it, I just can't help you.
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limbaugh
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September 10, 2013, 10:17:16 PM
 #6742

And the sell off continues. Thanks so much Labcoin, way to screw over you supporters!
dexX7
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September 10, 2013, 10:17:39 PM
 #6743

From an earlier news announcement:

Quote
Regarding shares owned by the Labcoin founders and developers.
Posted: 1 month ago

Due to inquiries LABCOIN has received from investors, the founders and developers involved in the LABCOIN project has decided to voluntarily lock in 75% of all shares owned by the LABCOIN core team for 12-months.

This means that no founder or developer owning shares in LABCOIN will sell an excess of 25% of their shares for at least 365 days from today's date.

This is being publicly announced to set to rest any concern that the LABCOIN team has any interest in liquidating their holdings in the project.

Q: Why not lock in 100%?
A: Simply because we feel that it is only fair to allow the members of the LABCOIN team that wishes to sell smaller portions of their ownership should they need some Bitcoin for any unforeseen expense during the first year of operations.

physalis
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September 10, 2013, 10:17:45 PM
 #6744

This fear mongering is amazing.

Do you guys actually think the whole thing is a scam? What would be their angle? They got the money already, if they were to take it and run, they would have done so already.
And that is all I need to evaluate. I believe that they are working on getting this done, and I believe they eventually will. I don't believe that they are possibly that incompetent that they'll end the project with just giving up. And even if they end up with an underperforming chip, they're getting it at production cost, which means they are at the top of the food chain, right with AM.

Then you have projects like icedrill, where someone is buying hardware at retail cost from a producer, and pays out just about half of the profits to the shareholders, and people are actually jumping on it. It boggles my mind, really.

LMFAO from flip flopper physalis

What are you trying to prove? That I changed my mind and was wrong before? Good job, I've been saying that in about every post.
JohnyBigs
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September 10, 2013, 10:18:16 PM
 #6745

Guys where are the pictures? ^^
Do you know how to zoom in on a picture? Do it and look at the top chip.
And then, if you don't see it, I just can't help you.

and what exactly am i supposed too see? Look like any other zoomed in picture
velacreations
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September 10, 2013, 10:18:25 PM
 #6746

damn, there goes the share price.  the buy side just vanished...

I'm out.

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September 10, 2013, 10:18:29 PM
 #6747

This is looking more and more like Vaporcoin....
Bitcycle
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September 10, 2013, 10:19:01 PM
 #6748


I've found the problem!

You guys are complete idiots!

N_S
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September 10, 2013, 10:19:22 PM
 #6749


I've found the problem!

You guys are complete idiots!



You may be eating those words soon  Undecided
JohnyBigs
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September 10, 2013, 10:20:08 PM
 #6750

I guess people expect them to be locked through BTCT even they never mentioned that. They just said they will lock them themselves. FUD FUD FUD lol
AngelSky
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September 10, 2013, 10:20:19 PM
 #6751

Cool another dump Smiley  Cool
Bitcycle
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September 10, 2013, 10:20:26 PM
 #6752


I've found the problem!

You guys are complete idiots!



You may be eating those words soon  Undecided

Anyone with functional literacy can read what Burnside wrote and realize all is well.

velacreations
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September 10, 2013, 10:21:28 PM
 #6753

To the people that liquidated their shares because this maybe a scam - can I ask how many shares were liquidated?
40K+

N_S
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September 10, 2013, 10:21:51 PM
 #6754

Anyone with functional literacy can read what Burnside wrote and realize all is well.

I'm functionally literate and I don't see how what burnside said proves anything tangible in the Labcoin operation.
dexX7
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September 10, 2013, 10:22:07 PM
 #6755

I guess people expect them to be locked through BTCT even they never mentioned that. They just said they will lock them themselves. FUD FUD FUD lol

Do you even read the posts? #6859 clearly shows that they did say they'll lock the shares, though #6844 quotes burnside's confirmation, that they semi-hold their promise and didn't sell more than 25 % as they said.

AngelSky
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September 10, 2013, 10:22:09 PM
 #6756

Cool another dump Smiley  Cool
And then Labcoin will magically appear to make an announcement.

Shttt, let me put some bids before  Roll Eyes
physalis
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September 10, 2013, 10:22:13 PM
 #6757

Guys where are the pictures? ^^
Do you know how to zoom in on a picture? Do it and look at the top chip.
And then, if you don't see it, I just can't help you.

and what exactly am i supposed too see? Look like any other zoomed in picture

Photoshop artifacts - There was a logo or text removed.
Bitcycle
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September 10, 2013, 10:22:28 PM
 #6758

Cool another dump Smiley  Cool
And then Labcoin will magically appear to make an announcement.

Yes, so they can benefit for the shares they aren't selling.
velacreations
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September 10, 2013, 10:23:20 PM
 #6759

And then Labcoin will magically appear to make an announcement.
+1 this
the timing of their announcements is extremely suspicious.

AngelSky
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September 10, 2013, 10:23:34 PM
 #6760

Guys where are the pictures? ^^
Do you know how to zoom in on a picture? Do it and look at the top chip.
And then, if you don't see it, I just can't help you.

and what exactly am i supposed too see? Look like any other zoomed in picture

Photoshop artifacts - There was a logo or text removed.

lol you're the best expert ever. OMG do you have a brain ?
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