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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042220 times)
BitThink
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September 12, 2013, 03:51:00 AM
 #7281

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??

It is clear that
1 he did not read the thread himself.
2 he has never tried to communicate with Sam during the past 48 hours.
3 he did not think he had made mistake so there is no apologize.
4 he think a promise from a PR is nothing
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BitCsByBit
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September 12, 2013, 03:52:05 AM
 #7282

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??

It is clear that
1 he did not read the thread himself.
2 he has never tried to communicate with Sam during the past 48 hours.
3 he did not think he had made mistake so there is no apologize.
4 he think a promise from a PR is nothing


I agree!

Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
velacreations
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September 12, 2013, 03:52:37 AM
 #7283

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.
exactly

why did he wait until hour 48?  Because he was expecting an announcement, too, and it never came.

It never came, because they don't dare announce that the chips are not working (unless it is just an outright scam)

Vigil
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September 12, 2013, 03:53:42 AM
 #7284

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"


+1

This BigJohnson dude is a moron and clearly not following the topic. We were supposed to have pictures of the boards prior to hashing - didn't get them. then they said "We'll have pictures soon", then following that we are told updates within 48 hrs.

What don't you all get? There. Are. No. Boards. There. Is. No. Hashing.

This is all just mental manipulation, you are caught up in a delusion - hoping you are going to make a million dollars, that this is the next AM.
N_S
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September 12, 2013, 03:54:58 AM
 #7285

There. Are. No. Boards. There. Is. No. Hashing. 

I challenge someone to prove this wrong.
Vigil
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September 12, 2013, 03:55:27 AM
 #7286

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??

It is clear that
1 he did not read the thread himself.
2 he has never tried to communicate with Sam during the past 48 hours.
3 he did not think he had made mistake so there is no apologize.
4 he think a promise from a PR is nothing

This is like a few weeks ago where Swede said he was unable to contact Sam, yet we had some random contacting him through AIM. then he claimed he was on world tour flying around and didn't have time or some nonsense.
JohnyBigs
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September 12, 2013, 03:56:23 AM
 #7287

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"


+1

This BigJohnson dude is a moron and clearly not following the topic. We were supposed to have pictures of the boards prior to hashing - didn't get them. then they said "We'll have pictures soon", then following that we are told updates within 48 hrs.

What don't you all get? There. Are. No. Boards. There. Is. No. Hashing.

This is all just mental manipulation, you are caught up in a delusion - hoping you are going to make a million dollars, that this is the next AM.

The only moron here is you. Where did they say you will have pictures before hashing? Please link directly until then STFU FUD spreader.
JohnyBigs
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September 12, 2013, 03:57:20 AM
 #7288

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??

It is clear that
1 he did not read the thread himself.
2 he has never tried to communicate with Sam during the past 48 hours.
3 he did not think he had made mistake so there is no apologize.
4 he think a promise from a PR is nothing

This is like a few weeks ago where Swede said he was unable to contact Sam, yet we had some random contacting him through AIM. then he claimed he was on world tour flying around and didn't have time or some nonsense.

Actually that was a few days ago , good job with 'weeks" FUD
JohnyBigs
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September 12, 2013, 03:57:51 AM
 #7289

Your new names are going to be FUD lol
N_S
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September 12, 2013, 03:58:01 AM
 #7290

Johny's ignore button is darkening...
Vigil
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September 12, 2013, 03:58:06 AM
 #7291

There. Are. No. Boards. There. Is. No. Hashing. 

I challenge someone to prove this wrong.
Even if the boards looked like crap and they were just embarrassed by the quality and state of TheSwede's mothers basement where the miners are staged, I wouldn't even care so long as they proved they were doing something.
Bitcycle
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September 12, 2013, 03:59:22 AM
 #7292


Well, the price is going to tank, so I'm sure we'll see an update then.
JohnyBigs
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September 12, 2013, 03:59:42 AM
 #7293

There. Are. No. Boards. There. Is. No. Hashing. 

I challenge someone to prove this wrong.
Even if the boards looked like crap and they were just embarrassed by the quality and state of TheSwede's mothers basement where the miners are staged, I wouldn't even care so long as they proved they were doing something.

You clearly don't understand within this "week" lol.
JohnyBigs
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September 12, 2013, 04:01:26 AM
 #7294

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



Goodnight FUD's
N_S
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September 12, 2013, 04:01:52 AM
 #7295

You clearly don't understand within this "week" lol.

What are your plans for if we hit 0:00 Monday morning and nothing of substance has surfaced?
BitThink
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September 12, 2013, 04:02:26 AM
 #7296

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"


+1

This BigJohnson dude is a moron and clearly not following the topic. We were supposed to have pictures of the boards prior to hashing - didn't get them. then they said "We'll have pictures soon", then following that we are told updates within 48 hrs.

What don't you all get? There. Are. No. Boards. There. Is. No. Hashing.

This is all just mental manipulation, you are caught up in a delusion - hoping you are going to make a million dollars, that this is the next AM.

The only moron here is you. Where did they say you will have pictures before hashing? Please link directly until then STFU FUD spreader.
It's in this thread and also official news of BTCT.
Vigil
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September 12, 2013, 04:02:48 AM
 #7297

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??

It is clear that
1 he did not read the thread himself.
2 he has never tried to communicate with Sam during the past 48 hours.
3 he did not think he had made mistake so there is no apologize.
4 he think a promise from a PR is nothing

This is like a few weeks ago where Swede said he was unable to contact Sam, yet we had some random contacting him through AIM. then he claimed he was on world tour flying around and didn't have time or some nonsense.

Actually that was a few days ago , good job with 'weeks" FUD
Again, you prove you aren't following the thread. TheSwede was supposed to update us about the chips a couple weeks ago but he used the excuse that he hadn't tried to contact Sam because he was traveling. Thing was, it was the day they had promised information. You would think that they would have arranged a few minutes to gurantee the news got to everyone, but they did not. Why? Because there was no news and they don't give a damn.

The constant string of giving dates and promising info and nothing happens just shows that these guys are not serious about this operation - it s just a big joke to them. Anyone of a group of us could stage this whole operation and get away with it because you all want to be fooled. This is just some virtual fantasy game of investing for you - you're addicted to the emotional roller-coaster.
MikeyVeez
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September 12, 2013, 04:03:37 AM
 #7298

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??

It is clear that
1 he did not read the thread himself.
2 he has never tried to communicate with Sam during the past 48 hours.
3 he did not think he had made mistake so there is no apologize.
4 he think a promise from a PR is nothing

This is like a few weeks ago where Swede said he was unable to contact Sam, yet we had some random contacting him through AIM. then he claimed he was on world tour flying around and didn't have time or some nonsense.

Actually that was a few days ago , good job with 'weeks" FUD
Again, you prove you aren't following the thread. TheSwede was supposed to update us about the chips a couple weeks ago but he used the excuse that he hadn't tried to contact Sam because he was traveling. Thing was, it was the day they had promised information. You would think that they would have arranged a few minutes to gurantee the news got to everyone, but they did not. Why? Because there was no news and they don't give a damn.

The constant string of giving dates and promising info and nothing happens just shows that these guys are not serious about this operation - it s just a big joke to them. Anyone of a group of us could stage this whole operation and get away with it because you all want to be fooled. This is just some virtual fantasy game of investing for you - you're addicted to the emotional roller-coaster.

Proof or GTFO
Vigil
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September 12, 2013, 04:05:39 AM
 #7299

Status update

We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week.
We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start.
Broken promise #10 or #20 or somewhere in between.
velacreations
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September 12, 2013, 04:06:41 AM
 #7300

I think it's quite possible that they actually have hardware, but it doesn't work, and admitting that at this stage would mean the whole thing would implode.

Of course, if that's the case, then the share price will implode cause they got nothing...

what do we know for sure?
1. No marked blocks and no sign of hashing for the past 2 days
2. shares are not locked, and they've moved at least 15% as of yesterday (leaves 10% to be moved, and still not break the whole "voluntary locked shares" thing)
3. Missed 48 hour deadline to show proof of hashing
4. No real evidence that anything actually exists

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