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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1058520 times)
JohnyBigs
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September 12, 2013, 03:36:44 AM
 #7261

https://btct.co/security/LABCOIN - News Tab

Quote
The website will be updated this week in order to show our live hashing rate and dividends will be paid every two weeks.
More pictures of the laboratory setting where the hardware is currently deployed will be also distributed. Complete installment will be shown when our final premise will be ready.

Sure, and an update was coming in 48 hours until it wasn't.

We need something RIGHT NOW.


Stick with the official news, not what TheSweede75 said without realising that Sam "labcoin" has already posted an update.

Has Labcoin not seen this thread all day?

Why did they not explain earlier?

There's no good reason.



No actually they haven't they havent been logged on since yesterday. They have more important things to do like put miners together and create a whole business, not waste their time with Bitcycle.

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N_S
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September 12, 2013, 03:38:49 AM
 #7262

No actually they haven't they havent been logged on since yesterday. They have more important things to do like put miners together and create a whole business, not waste their time with Bitcycle.

Yeah! Fuck the shareholders!
Vigil
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September 12, 2013, 03:39:01 AM
 #7263

https://btct.co/security/LABCOIN - News Tab

Quote
The website will be updated this week in order to show our live hashing rate and dividends will be paid every two weeks.
More pictures of the laboratory setting where the hardware is currently deployed will be also distributed. Complete installment will be shown when our final premise will be ready.

Sure, and an update was coming in 48 hours until it wasn't.

We need something RIGHT NOW.


Stick with the official news, not what TheSweede75 said without realising that Sam "labcoin" has already posted an update.

Has Labcoin not seen this thread all day?

Why did they not explain earlier?

There's no good reason.



No actually they haven't they havent been logged on since yesterday. They have more important things to do like put miners together and create a whole business, not waste their time with Bitcycle.


I thought the miners were already put together? Are you now informing us that they are not completed? This is total batshit.

BitCsByBit
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September 12, 2013, 03:39:52 AM
 #7264

https://btct.co/security/LABCOIN - News Tab

Quote
The website will be updated this week in order to show our live hashing rate and dividends will be paid every two weeks.
More pictures of the laboratory setting where the hardware is currently deployed will be also distributed. Complete installment will be shown when our final premise will be ready.

Sure, and an update was coming in 48 hours until it wasn't.

We need something RIGHT NOW.


Stick with the official news, not what TheSweede75 said without realising that Sam "labcoin" has already posted an update.

Has Labcoin not seen this thread all day?

Why did they not explain earlier?

There's no good reason.



No actually they haven't they havent been logged on since yesterday. They have more important things to do like put miners together and create a whole business, not waste their time with Bitcycle.



Everyone must realise that they are very busy, not just with the 130nm chips + PCB's setup, but they are also working on the tape out for the 65nm chip.

Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
Bitcycle
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September 12, 2013, 03:40:39 AM
 #7265

No, sorry.  There's no good excuse to let this run for the last 48 hours expecting an update and only AFTER it's expired say how it wasn't really coming anyway.


No excuse.
Vigil
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September 12, 2013, 03:41:16 AM
 #7266

https://btct.co/security/LABCOIN - News Tab

Quote
The website will be updated this week in order to show our live hashing rate and dividends will be paid every two weeks.
More pictures of the laboratory setting where the hardware is currently deployed will be also distributed. Complete installment will be shown when our final premise will be ready.

Sure, and an update was coming in 48 hours until it wasn't.

We need something RIGHT NOW.


Stick with the official news, not what TheSweede75 said without realising that Sam "labcoin" has already posted an update.

Has Labcoin not seen this thread all day?

Why did they not explain earlier?

There's no good reason.



No actually they haven't they havent been logged on since yesterday. They have more important things to do like put miners together and create a whole business, not waste their time with Bitcycle.



Everyone must realise that they are very busy, not just with the 130nm chips + PCB's setup, but they are also working on the tape out for the 65nm chip.
That isn't an excuse to not provide pictures and other evidence which would take all of 10 minutes. Are you saying they can't spare 10 minutes?
velacreations
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September 12, 2013, 03:41:46 AM
 #7267

No actually they haven't they havent been logged on since yesterday. They have more important things to do like put miners together and create a whole business, not waste their time with Bitcycle.

and hide from angry investors...

JohnyBigs
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September 12, 2013, 03:42:37 AM
 #7268

No, sorry.  There's no good excuse to let this run for the last 48 hours expecting an update and only AFTER it's expired say how it wasn't really coming anyway.


No excuse.

Nobody expected an update only retards like yourself did, other normal people go by official releases on BTCT.

And here it comes, finally, today we are proud to announce the starting of mining operations in time with our roadmap.  
The last week has been extremely busy and work is still in progress to bring online the whole hashing power.

We're currently averaging about 2 TH/s in solo mode, and expect to deploy at least 4 TH by monday 16, to reach gradually 50 TH within October.

The website will be updated this week in order to show our live hashing rate and dividends will be paid every two weeks.
More pictures of the laboratory setting where the hardware is currently deployed will be also distributed. Complete installment will be shown when our final premise will be ready. We're still considering some business aspects, including only focusing on the upcoming 65nm version for what concerns bulk chip sales. We plan to take a final decision regarding this issue during the next month.

We want to say thanks to all investors who trusted us during this long endeavor.

Labcoin Team

I'm expecting an update by Sunday 11:59:59 PM
Bitcycle
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September 12, 2013, 03:42:54 AM
 #7269


Does anyone still believe we'll see the website updated "this week"?
velacreations
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September 12, 2013, 03:43:09 AM
 #7270

Are you saying they can't spare 10 minutes?

yeah, just email a photo to Swede on your lunch break.  Done.  Took like 3 seconds.

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September 12, 2013, 03:43:16 AM
 #7271

Are you saying they can't spare 10 minutes?

That is precisely what's being said by anyone rising to the defense of this behavior.

It's utter drivel...
Vigil
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September 12, 2013, 03:43:47 AM
 #7272

No actually they haven't they havent been logged on since yesterday. They have more important things to do like put miners together and create a whole business, not waste their time with Bitcycle.

and hide from angry investors...
Its obvious they have nothing. How can everyone be so blind to this fact? This will go down as one of the largest Bitcoin scams in the entire history of Bitcoin.

velacreations
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September 12, 2013, 03:44:34 AM
 #7273

Nobody expected an update only retards like yourself did, other normal people go by official releases on BTCT.
the free-falling share price says otherwise...


one thing all scams in common: moving deadlines for evidence

BitCsByBit
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September 12, 2013, 03:45:20 AM
 #7274

No, sorry.  There's no good excuse to let this run for the last 48 hours expecting an update and only AFTER it's expired say how it wasn't really coming anyway.


No excuse.

Just read the bloody post:

CLARIFICATION:

The "48 hour" update was made based on information I received from Sam. The problem was that when I made the update Sam had already posted an update in the thread so it became pointless.


What is not clear??

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JohnyBigs
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September 12, 2013, 03:45:36 AM
 #7275

Nobody expected an update only retards like yourself did, other normal people go by official releases on BTCT.
the free-falling share price says otherwise...


one thing all scams in common: moving deadlines for evidence

deadlines have been met and none of have been moved. Nice try though
N_S
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September 12, 2013, 03:45:48 AM
 #7276

this will go down as one of the largest Bitcoin scams in the entire history of Bitcoin.

If true, I'll've been glad to be a part of it. Smiley
Bitcycle
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September 12, 2013, 03:47:19 AM
 #7277

No, sorry.  There's no good excuse to let this run for the last 48 hours expecting an update and only AFTER it's expired say how it wasn't really coming anyway.


No excuse.

Just read the bloody post:

CLARIFICATION:

The "48 hour" update was made based on information I received from Sam. The problem was that when I made the update Sam had already posted an update in the thread so it became pointless.


What is not clear??

"Clarifications" about deadlines that only come after you've missed the deadline are utterly worthless.

Sorry.
velacreations
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September 12, 2013, 03:47:30 AM
 #7278

No, sorry.  There's no good excuse to let this run for the last 48 hours expecting an update and only AFTER it's expired say how it wasn't really coming anyway.


No excuse.

Just read the bloody post:

CLARIFICATION:

The "48 hour" update was made based on information I received from Sam. The problem was that when I made the update Sam had already posted an update in the thread so it became pointless.


What is not clear??
why he waited until the end of the 48 hour deadline to tell everyone this.  If it was true, then he could have said that yesterday.

Vigil
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September 12, 2013, 03:49:05 AM
 #7279

No, sorry.  There's no good excuse to let this run for the last 48 hours expecting an update and only AFTER it's expired say how it wasn't really coming anyway.


No excuse.

Just read the bloody post:

CLARIFICATION:

The "48 hour" update was made based on information I received from Sam. The problem was that when I made the update Sam had already posted an update in the thread so it became pointless.


What is not clear??
why he waited until the end of the 48 hour deadline to tell everyone this.  If it was true, then he could have said that yesterday.
He could have said it at any time he saw us discussing it for the past two days. "Hey guys, I think there is a misunderstanding or miscommunication... the plan is..." and left it at that.

How much longer are they going to be able to hold this raft together? Its already in tatters and they just seem unsure of how to proceed with this scam.
velacreations
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September 12, 2013, 03:50:07 AM
 #7280

deadlines have been met and none of have been moved. Nice try though
oh really?

why aren't the shares locked?
where are the stamped blocks?
where are the photos?

no deadline has been met with any sort of real evidence.

Now, you are telling us "later in the week", but last week it was "in a few days" and 50 hours ago it was "in 48 hours"


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