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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042201 times)
somestranger
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September 14, 2013, 08:15:18 AM
 #9121

The people buying >.002 are going to get burnt badly. We will be .001x again within 8 hours.

How do people fall for this blatant manipulation?
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September 14, 2013, 08:18:44 AM
 #9122

The Bids over 0.0018 are just not real ones. careful!

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September 14, 2013, 08:19:26 AM
 #9123


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September 14, 2013, 08:27:42 AM
 #9124

They lied to shareholders.
Swede is promising 50Th in 2 weeks.
labcoin account says wait till november


Wtf?


Fake boards without proper traces, naked, faked chip photos.

Yeah it is scam, very badly crafted.

Burnside said he is waiting for personal data to lock the shares... But they are not giving it to him.

Finally shares will be at satoishi value after liquidating failed outdatted chips and bag of useless boards.
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September 14, 2013, 08:28:48 AM
 #9125

They lied to shareholders.
Swede is promising 50Th in 2 weeks.
labcoin account says wait till november


Wtf?


Fake boards without proper traces, naked, faked chip photos.

Yeah it is scam, very badly crafted.

Burnside said he is waiting for personal data to lock the shares... But they are not giving it to him.

Finally shares will be at satoishi value after liquidating failed outdatted chips and bag of useless boards.
Link?

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September 14, 2013, 08:29:33 AM
 #9126

They lied to shareholders.
Swede is promising 50Th in 2 weeks.
labcoin account says wait till november


Wtf?


Fake boards without proper traces, naked, faked chip photos.

Yeah it is scam, very badly crafted.

Burnside said he is waiting for personal data to lock the shares... But they are not giving it to him.

Finally shares will be at satoishi value after liquidating failed outdatted chips and bag of useless boards.
Troll harder! GOGOGO!
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September 14, 2013, 08:29:59 AM
 #9127

They lied to shareholders.
Swede is promising 50Th in 2 weeks.
labcoin account says wait till november


Wtf?


Fake boards without proper traces, naked, faked chip photos.

Yeah it is scam, very badly crafted.

Burnside said he is waiting for personal data to lock the shares... But they are not giving it to him.

Finally shares will be at satoishi value after liquidating failed outdatted chips and bag of useless boards.

Maybe someone can ask burnside to know if the main labcoin account has seen some trades. If yes, this is going to be.. a mess. Once again.

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September 14, 2013, 08:30:58 AM
 #9128

Holding,
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September 14, 2013, 08:32:27 AM
 #9129

tihi some people have to learn it the hard way. go burn ur money. Cheesy

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September 14, 2013, 08:32:36 AM
 #9130

<--- *wears a tinfoil hat since some hours* ... we will see, how it turns out.

One important question to ask is: why does someone solely focus on posting "this or that is flawed, the ship will go down" with over 20 posts in a row? matt4054, foxykah, limbaugh for example, please tell me. This is no accusation, maybe I got it all wrong..

Labcoin mentioned in virtually every thread in the Securities forum too.  A concerted effort to get minimum price?

I think so. And I believe there were thousands of artifical trades in the last hours, split into smallish parts, to flood the trading feeds.

How do people fall for this blatant manipulation?

I've seen this pattern multiple times over the last hours. Tell me more about. You missed the step between 1. Oh looky, manipulation!, 2. Huh, 3. Labcoin goes up/down.

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September 14, 2013, 08:35:10 AM
 #9131

<--- *wears a tinfoil hat since some hours* ... we will see, how it turns out.

One important question to ask is: why does someone solely focus on posting "this or that is flawed, the ship will go down" with over 20 posts in a row? matt4054, foxykah, limbaugh for example, please tell me. This is no accusation, maybe I got it all wrong..

Labcoin mentioned in virtually every thread in the Securities forum too.  A concerted effort to get minimum price?

I think so. And I believe there were thousands of artifical trades in the last hours, split into smallish parts, to flood the trading feeds.

Me? I think it is a good idea to own a bit just in case they pull 500TH out of their backside.
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September 14, 2013, 08:37:04 AM
 #9132

the 3 million shares should either not be tradeable on BTCT until a certain amount of time
OR the shares should be marked/colored in a way so that people know that they are buying the team's shares. this would also indicate for everyone to panic - heh

I agree, there's a reason there's a IPO "lock up" period for insiders in real world IPO. Especially when labcoin is going against the norm on btct (insider shares are not normally tradable)

I would like to point out that the 'Lock in' period for founders/insiders is one of those 'sometimes there is one, sometimes not'. I can also say that the Labcoin team didn't even consider this in the IPO process due to no one being interested in selling out shares in the project. That said, I will talk to Sam this weekend to see about a public solution that will allow share holders to feel secure in that the Labcoin founders and developers are not selling out.

Two ways this can be addressed on BTCT.

- The founders could turn on their public portfolios and publish a list of url's where the shares are held.
- (with Labcoin's consent) if they send us a list of accounts that are holding the shares we can lock the accounts and publicly state the number of shares effectively "in escrow".

WAITING

I just need a list of accounts to lock.  (feel free to PM or email me.)

Cheers.


Here you go, about locking shares...
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September 14, 2013, 08:38:58 AM
 #9133

the 500TH is on route,  they have issues - they are F*cking up not being totally honest, we need an engineer here for us to do a Q & A, also I want a smartphone video of the lab & what they are working on.

it doesn't need to be professional & it only needs to be up for a few hours, but we need the video proof now.

disclosure - still holding & will be buying more when I see the above.
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September 14, 2013, 08:40:01 AM
 #9134

<--- *wears a tinfoil hat since some hours* ... we will see, how it turns out.

One important question to ask is: why does someone solely focus on posting "this or that is flawed, the ship will go down" with over 20 posts in a row? matt4054, foxykah, limbaugh for example, please tell me. This is no accusation, maybe I got it all wrong..

Labcoin mentioned in virtually every thread in the Securities forum too.  A concerted effort to get minimum price?

I think so. And I believe there were thousands of artifical trades in the last hours, split into smallish parts, to flood the trading feeds.

Well, I made my point quite clearly in my posts. Lies are not acceptable to investors because while miners can estimate the chance of success of a project themselves with some relatively simple hints, these hints need to be truthful and not either "lies" or "nonsense" (don't say you're hashing when you are by some kind of magic for a transient moment). This is a loud complaint because NONE of my point have been correctly addressed by Labcoin IMO.

Is that clear? Or you see some conspiracy?

I lost several BTC on Labcoin, and I said I thought it would "hover above IPO price for six weeks" (these are my words). And I even bought back some shares near IPO price. If that's not consistent and honest behaviour, I don't quite follow. But anyway, not that I care that much either Cheesy
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September 14, 2013, 08:40:06 AM
 #9135

the 500TH is on route,  they have issues - they are F*cking up not being totally honest, we need an engineer here for us to do a Q & A, also I want a smartphone video of the lab & what they are working on.

it doesn't need to be professional & it only needs to be up for a few hours, but we need the video proof now.

disclosure - still holding & will be buying more when I see the above.

quit dreaming - it's daytime.

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September 14, 2013, 08:41:47 AM
 #9136

<--- *wears a tinfoil hat since some hours* ... we will see, how it turns out.

One important question to ask is: why does someone solely focus on posting "this or that is flawed, the ship will go down" with over 20 posts in a row? matt4054, foxykah, limbaugh for example, please tell me. This is no accusation, maybe I got it all wrong..

Labcoin mentioned in virtually every thread in the Securities forum too.  A concerted effort to get minimum price?

I think so. And I believe there were thousands of artifical trades in the last hours, split into smallish parts, to flood the trading feeds.

Well, I made my point quite clearly in my posts. Lies are not acceptable to investors because while miners can estimate the chance of success of a project themselves with some relatively simple hints, these hints need to be truthful and not either "lies" or "nonsense" (don't say you're hashing when you are by some kind of magic for a transient moment). This is a loud complaint because NONE of my point have been correctly addressed by Labcoin IMO.

Is that clear? Or you see some conspiracy?

I lost several BTC on Labcoin, and I said I thought it would "hover above IPO price for six weeks" (these are my words). And I even bought back some shares near IPO price. If that's not consistant and honest behaviour, I don't quite follow. But anyway, not that I care that much either Cheesy

What "lies"? The only lies are coming from "investors". Labcoin never said they are not hashing, they said they are teaking the hardware to get better results.
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September 14, 2013, 08:43:27 AM
 #9137

<--- *wears a tinfoil hat since some hours* ... we will see, how it turns out.

One important question to ask is: why does someone solely focus on posting "this or that is flawed, the ship will go down" with over 20 posts in a row? matt4054, foxykah, limbaugh for example, please tell me. This is no accusation, maybe I got it all wrong..

Labcoin mentioned in virtually every thread in the Securities forum too.  A concerted effort to get minimum price?

I think so. And I believe there were thousands of artifical trades in the last hours, split into smallish parts, to flood the trading feeds.

Well, I made my point quite clearly in my posts. Lies are not acceptable to investors because while miners can estimate the chance of success of a project themselves with some relatively simple hints, these hints need to be truthful and not either "lies" or "nonsense" (don't say you're hashing when you are by some kind of magic for a transient moment). This is a loud complaint because NONE of my point have been correctly addressed by Labcoin IMO.

Is that clear? Or you see some conspiracy?

I lost several BTC on Labcoin, and I said I thought it would "hover above IPO price for six weeks" (these are my words). And I even bought back some shares near IPO price. If that's not consistant and honest behaviour, I don't quite follow. But anyway, not that I care that much either Cheesy

What "lies"? The only lies are coming from "investors".

Someone told us earlier that you would be mad. Just open your eyes for God's sake.

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klee
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September 14, 2013, 08:44:05 AM
 #9138

the 3 million shares should either not be tradeable on BTCT until a certain amount of time
OR the shares should be marked/colored in a way so that people know that they are buying the team's shares. this would also indicate for everyone to panic - heh

I agree, there's a reason there's a IPO "lock up" period for insiders in real world IPO. Especially when labcoin is going against the norm on btct (insider shares are not normally tradable)

I would like to point out that the 'Lock in' period for founders/insiders is one of those 'sometimes there is one, sometimes not'. I can also say that the Labcoin team didn't even consider this in the IPO process due to no one being interested in selling out shares in the project. That said, I will talk to Sam this weekend to see about a public solution that will allow share holders to feel secure in that the Labcoin founders and developers are not selling out.

Two ways this can be addressed on BTCT.

- The founders could turn on their public portfolios and publish a list of url's where the shares are held.
- (with Labcoin's consent) if they send us a list of accounts that are holding the shares we can lock the accounts and publicly state the number of shares effectively "in escrow".

WAITING

I just need a list of accounts to lock.  (feel free to PM or email me.)

Cheers.


Here you go, about locking shares...
LMAO August 09

matt4054
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September 14, 2013, 08:44:58 AM
 #9139

What "lies"? The only lies are coming from "investors".

Again, my words: saying "We are hashing at 2 TH/s right now and you will see it growing up to 4 until Monday", then switching to "we are not / no longer (never said quite clearly) hashing at all and you should hold until October 30 to see if it was worth it*", that is quite a setback IMO.

* to be honest, they added that it would probably be a 10-bagger by then. Believe it or not...
klee
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September 14, 2013, 08:45:05 AM
 #9140

<--- *wears a tinfoil hat since some hours* ... we will see, how it turns out.

One important question to ask is: why does someone solely focus on posting "this or that is flawed, the ship will go down" with over 20 posts in a row? matt4054, foxykah, limbaugh for example, please tell me. This is no accusation, maybe I got it all wrong..

Labcoin mentioned in virtually every thread in the Securities forum too.  A concerted effort to get minimum price?

I think so. And I believe there were thousands of artifical trades in the last hours, split into smallish parts, to flood the trading feeds.

How do people fall for this blatant manipulation?

I've seen this pattern multiple times over the last hours. Tell me more about. You missed the step between 1. Oh looky, manipulation!, 2. Huh, 3. Labcoin goes up/down.
Zakryze too

EDIT: all in ignore list

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