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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.

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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1041678 times)
somestranger
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September 14, 2013, 01:26:46 AM
 #8321

Labcoin new EXACTLY what they needed to do tonight.  If they could have provided the evidence the community are crying out for, they absolutely would have.  No disputes.

The reality is they can't because they don't have the evidence to support their lies.

I'm calling this a scam.  Simple.
Agreed.
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Ytterbium
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September 14, 2013, 01:27:03 AM
 #8322

We want to reassure all investors that the pictures are indeed real and the tray shown is loaded with our chips, also shown are some blades of the miner kit without the controller board.

Labcoin

more pics plz.

They have an old-timey camera that only takes one pic at a time.  Then they have to spend hours developing the plates


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September 14, 2013, 01:27:19 AM
 #8323

We want to reassure all investors that the pictures are indeed real and the tray shown is loaded with our chips, also shown are some blades of the miner kit without the controller board.

Labcoin
Where is the proof that you're actually hashing at 2TH/s!? All this proves is you have chips and boards.

Jesus christ, that pic is a (terrible) photoshop!

Are you blind? Do you people have no fucking depth perception!?

Could you help point out some of the photoshop evidence? I know it's obvious to you and I'm not disputing your claim, I'm just not good at seeing these things.
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September 14, 2013, 01:27:29 AM
 #8324

Question: Why are people buying up? If you set a buy order at a lower rate you are likely to get filled.

So why buy when people will sell into a lower order?

Unless you are either stupid or trying to push the price up and stop a crash.

This happens all the time... I think it's just panic. Fight or flight type thing.

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September 14, 2013, 01:27:47 AM
 #8325

Vigil
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September 14, 2013, 01:27:50 AM
 #8326

I don't think its a scam. I just think they got their shit later than expected and are still assembling boards.
San1ty
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September 14, 2013, 01:27:57 AM
 #8327

Wow the breaks aren't on yet, more dumps incoming!

Found my posts helpful? Consider buying me a beer :-)!:
BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
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September 14, 2013, 01:28:14 AM
 #8328

That was fun. I hope you bag holders don't take it too hard. Congrats to those that bailed in 5 seconds after the post! You suck balls Labcoin!
wickedgoodtrader
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September 14, 2013, 01:28:20 AM
 #8329

If you want to sell you better fucking sell right now. It's beyond me that this thing hasn't already dropped below IPO price.
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September 14, 2013, 01:28:34 AM
 #8330

Labcoin knew EXACTLY what they needed to do tonight.  If they could have provided the evidence the community are crying out for, they absolutely would have.  No disputes.

Exactly, and they are pulling a scam 101 move by failing to deliver, yet upping the ante of their promises.
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September 14, 2013, 01:28:46 AM
 #8331

I don't think its a scam. I just think they got their shit later than expected and are still assembling boards.

Then what are they currently hashing with?
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September 14, 2013, 01:28:50 AM
 #8332

I don't think its a scam. I just think they got their shit later than expected and are still assembling boards.

Well it would be nice if they admit to lying about hashing at 2TH/s.
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September 14, 2013, 01:29:09 AM
 #8333

I don't think its a scam. I just think they got their shit later than expected and are still assembling boards.

Then what are they currently hashing with?

Nothing, they fracking lied to us.
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September 14, 2013, 01:29:13 AM
 #8334

We want to reassure all investors that the pictures are indeed real and the tray shown is loaded with our chips, also shown are some blades of the miner kit without the controller board.

Labcoin
Where is the proof that you're actually hashing at 2TH/s!? All this proves is you have chips and boards.

Jesus christ, that pic is a (terrible) photoshop!

Are you blind? Do you people have no fucking depth perception!?

Could you help point out some of the photoshop evidence? I know it's obvious to you and I'm not disputing your claim, I'm just not good at seeing these things.

It's not photoshop, it's just a really poor quality picture of the wrong thing.

It's getting really hard to come up with creative ways of defending this bullshit.
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September 14, 2013, 01:29:16 AM
 #8335

We want to reassure all investors that the pictures are indeed real and the tray shown is loaded with our chips, also shown are some blades of the miner kit without the controller board.

Labcoin

There was only 1 (shit) picture posted man.  It's hard to overstate just how not good this is.  FUDers will ride this one to 0019 with no way to stop them.

They don't need to mate.  It's over and the smart ones are running for the exits right now.  That's not FUDsters creating the crash, it's the clever shareholders (although I use the term 'clever' very loosley).

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Bitcoin game where you can earn up to 220% on each planted garden!
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September 14, 2013, 01:29:20 AM
 #8336



Labcoin team singing.
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September 14, 2013, 01:29:24 AM
 #8337

Good thing I didn't spend my dividends.
CMMPro
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September 14, 2013, 01:29:35 AM
 #8338

Labcoin knew EXACTLY what they needed to do tonight.  If they could have provided the evidence the community are crying out for, they absolutely would have.  No disputes.

The reality is they can't because they don't have the evidence to support their lies.

I'm calling this a scam.  Simple.

+1

Sad thing is a lot of people lost part of their nest egg in the process.
We have to learn from these mistakes and do better in the future...for the good of bitcoin in general.

I only bought into this initially because they had well known guys like Swede working on their "team".
It lent credibility to the entire thing...
Vigil
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September 14, 2013, 01:29:39 AM
 #8339

I don't think its a scam. I just think they got their shit later than expected and are still assembling boards.

Then what are they currently hashing with?

They aren't. They are still getting their boards together.
somestranger
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September 14, 2013, 01:30:36 AM
 #8340

The panic selling hasn't started yet... GET OUT WHILE YOU STILL CAN!
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