Bitcoin Forum
October 23, 2017, 10:50:09 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 [366] 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 ... 914 »
  Print  
Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042423 times)
N_S
Full Member
***
Offline Offline

Activity: 238



View Profile
September 12, 2013, 04:07:15 AM
 #7301



15. What's the status of the boards? How long will it take after testing to get all the board you need, set them up with chips and get them hashing?
The boards are near their design completion and will be tested as soon as we have the chips. we'll post pictures of the boards very soon.  it will take about 7-10 days to get all the boards up and running probablyand, for the first run, we have 500 boards on order


Jesus christ, check the date of that bad boy.
1508799009
Hero Member
*
Offline Offline

Posts: 1508799009

View Profile Personal Message (Offline)

Ignore
1508799009
Reply with quote  #2

1508799009
Report to moderator
1508799009
Hero Member
*
Offline Offline

Posts: 1508799009

View Profile Personal Message (Offline)

Ignore
1508799009
Reply with quote  #2

1508799009
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508799009
Hero Member
*
Offline Offline

Posts: 1508799009

View Profile Personal Message (Offline)

Ignore
1508799009
Reply with quote  #2

1508799009
Report to moderator
drawingthesun
Legendary
*
Offline Offline

Activity: 1050


View Profile
September 12, 2013, 04:07:59 AM
 #7302

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

This is going to be fun.
JohnyBigs
Sr. Member
****
Offline Offline

Activity: 364


View Profile
September 12, 2013, 04:08:18 AM
 #7303

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?

Then I will sell all my shares, so far they have kept their word with deadlines and pictures. It's funny when I asked real questions and concerns in this thread I was bashed, now that I'm again speaking normal things, getting bashed.

Come to the conclusion that this thread is filled with FUDs on both sides, anyone who has half a brain can see that Labcoin has kept their word with updates to date.

Every single issue the FUDs here complain about has been addressed here: https://btct.co/security/LABCOIN under News

It's funny even back then people would talk shit, yet they didn't even know there was an about page on BTCT haha.

N_S
Full Member
***
Offline Offline

Activity: 238



View Profile
September 12, 2013, 04:09:46 AM
 #7304

anyone who has half a brain can see that Labcoin has kept their word with updates to date.

I think you should scroll up.
Vigil
Sr. Member
****
Offline Offline

Activity: 378


View Profile
September 12, 2013, 04:10:33 AM
 #7305

I just wanted to stop by and say that I have not been able to talk to Sam today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section.

Remember this fiasco? This post was what set-off that first massive sell-off. "Hey guys, uh.... nothing. Later" Major PR trainwreck. There were probably a few investors who lost their homes and families over this dunce-tacular move.
Bitcycle
Sr. Member
****
Offline Offline

Activity: 420


View Profile
September 12, 2013, 04:11:24 AM
 #7306

I just wanted to stop by and say that I have not been able to talk to Sam today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section.

Remember this fiasco? This post was what set-off that first massive sell-off. "Hey guys, uh.... nothing. Later" Major PR trainwreck. There were probably a few investors who lost their homes and families over this dunce-tacular move.

Swede simply has no credibility left.


yuansuyi
Member
**
Offline Offline

Activity: 112



View Profile
September 12, 2013, 04:11:38 AM
 #7307

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.
don't you think the grammer is strange?
we will be publishing pictures of the installment as soon as we are able to, before that, mining will start.
Vigil
Sr. Member
****
Offline Offline

Activity: 378


View Profile
September 12, 2013, 04:12:02 AM
 #7308



15. What's the status of the boards? How long will it take after testing to get all the board you need, set them up with chips and get them hashing?
The boards are near their design completion and will be tested as soon as we have the chips. we'll post pictures of the boards very soon.  it will take about 7-10 days to get all the boards up and running probablyand, for the first run, we have 500 boards on order


Jesus christ, check the date of that bad boy.
Amazing how they stuck exactly to schedule but unable to prove they actually did it. Even uses the same wording as the post announcing they got the chips - "7-10 days"
salviel
Jr. Member
*
Offline Offline

Activity: 35



View Profile
September 12, 2013, 04:13:31 AM
 #7309

I want all of you to consider this:

Burnside has already confirmed that the vast majority of Labcoin shares are owned by an account he knows to be controlled by Labcoin.

If Labcoin were a scam, then the people involved would already know this, and of course would be monitoring the share price pretty closely.

As far as I understand, Burnside hasn't 'officially' locked those shares, and yet there has been no massive selloff from that account. Wouldn't you think that if it were a scam, the Labcoin account would try and get as much for those shares before they completely crashed?

But this hasn't happened.

Yes, many people here are concerned that an official response has not appeared to quell the FUD. If Labcoin were a scam, I would expect terror-filled scammers to be filling this thread with warm reassurances to prop up the price of the shares until they could squeeze out as much as they could.

Yet this hasn't happened. Why? They know it isn't a scam, and their future profits rest on the hero's portion of the dividends they will be receiving, not the price of the stock to sell off.

This is why I take their relative silence as a comforting sign. I would be far more concerned if they magically appeared at Limbaugh's sardonic tirade to attempt a 'feel good' PR response.

But please understand, I am a bear of very little brain, and long words bother me.
aquarius
Sr. Member
****
Offline Offline

Activity: 275



View Profile
September 12, 2013, 04:13:36 AM
 #7310

Guys if you are competent and you realize that you might miss a promised deadline you log in a couple of hours before and make sure to tell investors that you are the most sorry person in the world. and you then stay in the thread conversing with worried people making them at least feel better.

This is just horrible.
drawingthesun
Legendary
*
Offline Offline

Activity: 1050


View Profile
September 12, 2013, 04:13:55 AM
 #7311

I just wanted to stop by and say that I have not been able to talk to Sam today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section.

Remember this fiasco? This post was what set-off that first massive sell-off. "Hey guys, uh.... nothing. Later" Major PR trainwreck. There were probably a few investors who lost their homes and families over this dunce-tacular move.

Swede sold high and bought low. Very simple. I am not sure how some of you don't understand that the trainwreck is planned, the end of the line is already known.
MikeyVeez
Full Member
***
Offline Offline

Activity: 196


View Profile
September 12, 2013, 04:14:02 AM
 #7312



15. What's the status of the boards? How long will it take after testing to get all the board you need, set them up with chips and get them hashing?
The boards are near their design completion and will be tested as soon as we have the chips. we'll post pictures of the boards very soon.  it will take about 7-10 days to get all the boards up and running probablyand, for the first run, we have 500 boards on order


Jesus christ, check the date of that bad boy.
Amazing how they stuck exactly to schedule but unable to prove they actually did it. Even uses the same wording as the post announcing they got the chips - "7-10 days"

15. What's the status of the boards? How long will it take after testing to get all the board you need, set them up with chips and get them hashing?
The boards are near their design completion and will be tested as soon as we have the chips. we'll post pictures of the boards very soon.  it will take about 7-10 days to get all the boards up and running probablyand, for the first run, we have 500 boards on order

7-10 days after they got the chips, and made the boards. Learn to read. Not 7-10 days from that post.
Vigil
Sr. Member
****
Offline Offline

Activity: 378


View Profile
September 12, 2013, 04:14:52 AM
 #7313

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.
don't you think the grammer is strange?
we will be publishing pictures of the installment as soon as we are able to, before that, mining will start.
No, I don't. It says we will publish pictures before mining will start. Why would you not be able to provide pictures until after mining? That would not be "as soon as we are able too". As soon as you are able to is as soon as the boards are done or even some assembly pictures would be nice. That is what most people do. Go look at BKK's thread on Klondike development and testing. He didn't have to wait until it was all done, he posted update photos. Go look at any other forum where projects are done by the members or DIYers - they post progress pictures to show people what is happening. Otherwise it didn't happen, it is vaporware.
Vigil
Sr. Member
****
Offline Offline

Activity: 378


View Profile
September 12, 2013, 04:16:13 AM
 #7314



15. What's the status of the boards? How long will it take after testing to get all the board you need, set them up with chips and get them hashing?
The boards are near their design completion and will be tested as soon as we have the chips. we'll post pictures of the boards very soon.  it will take about 7-10 days to get all the boards up and running probablyand, for the first run, we have 500 boards on order


Jesus christ, check the date of that bad boy.
Amazing how they stuck exactly to schedule but unable to prove they actually did it. Even uses the same wording as the post announcing they got the chips - "7-10 days"

15. What's the status of the boards? How long will it take after testing to get all the board you need, set them up with chips and get them hashing?
The boards are near their design completion and will be tested as soon as we have the chips. we'll post pictures of the boards very soon.  it will take about 7-10 days to get all the boards up and running probablyand, for the first run, we have 500 boards on order

7-10 days after they got the chips, and made the boards. Learn to read. Not 7-10 days from that post.
Why are you throwing strawmen up? That isn't what I said. You are doing that to legitimize your own denial. You are in denial, admit it.
velacreations
Sr. Member
****
Offline Offline

Activity: 476


View Profile
September 12, 2013, 04:17:04 AM
 #7315

Then I will sell all my shares, so far they have kept their word with deadlines and pictures.

locked shares?  pictures before mining?  stamped blocks?  actually hashing?

N_S
Full Member
***
Offline Offline

Activity: 238



View Profile
September 12, 2013, 04:17:50 AM
 #7316

Well, people are reacting. If I'm not mistaken, just shy of 100k shares have left the bid side in the past hour or so.
MikeyVeez
Full Member
***
Offline Offline

Activity: 196


View Profile
September 12, 2013, 04:18:05 AM
 #7317

Then I will sell all my shares, so far they have kept their word with deadlines and pictures.

locked shares?  pictures before mining?  stamped blocks?  actually hashing?

All here

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.
Vigil
Sr. Member
****
Offline Offline

Activity: 378


View Profile
September 12, 2013, 04:18:14 AM
 #7318

Guys if you are competent and you realize that you might miss a promised deadline you log in a couple of hours before and make sure to tell investors that you are the most sorry person in the world. and you then stay in the thread conversing with worried people making them at least feel better.

This is just horrible.
Exactly, only liars would not do this.
N_S
Full Member
***
Offline Offline

Activity: 238



View Profile
September 12, 2013, 04:19:40 AM
 #7319

All here

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.


Mickey, I don't think you're understanding. We fully comprehend they said that. The question is: why are we to believe them when they make breaking promises a habit?
MikeyVeez
Full Member
***
Offline Offline

Activity: 196


View Profile
September 12, 2013, 04:20:22 AM
 #7320

Guys if you are competent and you realize that you might miss a promised deadline you log in a couple of hours before and make sure to tell investors that you are the most sorry person in the world. and you then stay in the thread conversing with worried people making them at least feel better.

This is just horrible.
Exactly, only liars would not do this.

Yes stay in the thread all day along, and not build your business. If they bothered to do that, they would stay here all day long with the morons on here lmao, then I would be scared. Most of the scammers had one thing in common, they stayed in the thread all day long, because they had the time too, since they weren't building anything.
Pages: « 1 ... 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 [366] 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 ... 914 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!