[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

[alexius89]

What's  going on with the Share price??!!  Maybe you guys should put the nice LABCOiN Logo to the profile;)

[001sonkit]

What's  going on with the Share price??!!  Maybe you guys should put the nice LABCOiN Logo to the profike;)

Try post new tldr here and see how many guys will think it is legit!

BTW Labcoin's claiming "ILIGHT TECHNOLOGY LIMITED" register number in hong kong is 1406561
https://www.icris.cr.gov.hk/csci/cns_search.jsp <-- you can search it here (have to pay HK government if we need to fetch detailed docs)

[nickwen]

@@
These issues have been answered yet?

May i ask some questions?
because i trying to get more information from labcoin ,and now I have a little uncertainty

1 Why TSMC Logo deformed, and the TSMC Logo is a very old version, there are red lines should not orange, i don't think they use the deformed Logo especially for the professional company like TSMC

2.TSMC is a Taiwanese company, but why from "3.jpeg" seems all language used from China.

3 Why product code in "2.JPG" seems LBC1301/02, but LBCX1301/02 in "3.JPG"

4 Until now, the published information, has not any proof like real pictures, videos, etc, everything is only talk and dream. and the only picture is the Cyclone FPGA, Also,
  I have noticed beside a business card,from the URL on the card, I can find a Company specialized for the test equiment（maybe means nothing）.

5 That Customer Information form looks very unprofessional especially for the professional company like TSMC

6 that MPW form the mobile number I have call 4,5 times, but never answered, especially  that mobile number is the contact number for the TSMC

7 and i find that in other post "http://trilema.com/2013/the-anatomy-of-a-scam/"

BTW the 1,2,3.jpg i got it form here http://labcoin.com/img/ and here http://labcoin.com/docs/

so, thank you

[Moebius327]

Can anyone tell me if owners shares have been locked? Don't want to read trough 70 pages.

[001sonkit]

Reserved

But your company & Asia Bussines same address.
http://www.asiabs.com/english/english_contact_us_hong_kong.htm

Explain please

Asia Business is who registered our legal entity in Hong Kong and included in the price of company registration you do get a a mail forwarding service, normally you use that for correspondance, until you find and buy/rent your office space.

Here you go

Oh wait!
So actually they have an office!
http://labcoin.com/img/office_3_small.png
http://labcoin.com/img/office_2_small.png
http://labcoin.com/img/office_1_small.png

And they don't!? Did I just broke logic

[eikzbtc]

What about this? , dissolved.
http://www.companies-hongkong.com/itec-pro-limited-gard/

[AngelSky]

Oo

[Ytterbium]

@@
These issues have been answered yet?

May i ask some questions?
because i trying to get more information from labcoin ,and now I have a little uncertainty

1 Why TSMC Logo deformed, and the TSMC Logo is a very old version, there are red lines should not orange, i don't think they use the deformed Logo especially for the professional company like TSMC

2.TSMC is a Taiwanese company, but why from "3.jpeg" seems all language used from China.

Labcoin is working with SZICC, not TSMC directly, and it's likely the form comes from them. Taiwan and China use the same language, although Taiwan uses traditional characters, it's entirely plausible they produce forms in simplified Chinese, as well as English and lots of other languages.

3 Why product code in "2.JPG" seems LBC1301/02, but LBCX1301/02 in "3.JPG"

what difference does it make?

5 That Customer Information form looks very unprofessional especially for the professional company like TSMC

Again, may have come from SZICC not TSMC.

7 and i find that in other post "http://trilema.com/2013/the-anatomy-of-a-scam/"

Some nutjob who thinks all of btct.co is a scam, and in on the labcoin scam.

The whole "the logo is squished therefore it's a scam" people make no sense at all.  If the documents were fake they'd look better. Companies produce documents that aren't perfectly designed all the time.  They don't have graphics designers on staff to go over every single document.

[Vigil]

@@
These issues have been answered yet?

May i ask some questions?
because i trying to get more information from labcoin ,and now I have a little uncertainty

1 Why TSMC Logo deformed, and the TSMC Logo is a very old version, there are red lines should not orange, i don't think they use the deformed Logo especially for the professional company like TSMC

2.TSMC is a Taiwanese company, but why from "3.jpeg" seems all language used from China.

Labcoin is working with SZICC, not TSMC directly, and it's likely the form comes from them. Taiwan and China use the same language, although Taiwan uses traditional characters, it's entirely plausible they produce forms in simplified Chinese, as well as English and lots of other languages.

3 Why product code in "2.JPG" seems LBC1301/02, but LBCX1301/02 in "3.JPG"

5 That Customer Information form looks very unprofessional especially for the professional company like TSMC

Again, may have come from SZICC not TSMC.

7 and i find that in other post "http://trilema.com/2013/the-anatomy-of-a-scam/"

Some nutjob who thinks all of btct.co is a scam, and in on the labcoin scam.

The whole "the logo is squished therefore it's a scam" people make no sense at all.  If the documents were fake they'd look better. Companies produce documents that aren't perfectly designed all the time.  They don't have graphics designers on staff to go over every single document.

And who included me and Ytterbium as shills because we made posts after a question was asked.

The only thing I am pissed about is not selling at .0038 when I could have. Huge potential profit loss to sell and buy back at current prices (multiple times). That is what I get for going to work - lost profit potential.

[demzie]

Look at that gov website, so well made must be fake also!
Nice gfx

[001sonkit]

Look at that gov website, so well made must be fake also!
Nice gfx

Hong Kong government sucks at technology. tahts official gov page for company reg. query afaik

[demzie]

Btw funny some people come online and post after 165 pages and before that nothing..
Asicminer special mission?

[Ytterbium]

The only thing I am pissed about is not selling at .0038 when I could have. Huge potential profit loss to sell and buy back at current prices (multiple times). That is what I get for going to work - lost profit potential.

Eh.  There's no way to predict where it will go. Sure you could sell at 0.0038 but you'd have no way of knowing where it would go next.  And, you might not know when exactly the dip is at it's lowest to buy back in either.

[AngelSky]

The only thing I am pissed about is not selling at .0038 when I could have. Huge potential profit loss to sell and buy back at current prices (multiple times). That is what I get for going to work - lost profit potential.

Eh.  There's no way to predict where it will go. Sure you could sell at 0.0038 but you'd have no way of knowing where it would go next.  And, you might not know when exactly the dip is at it's lowest to buy back in either.

As far as I can see I don't see the price go > 0.0038, the ask wall is too big. Time to sell and buy back later ? You know that people cannot hold for more than 2 days in the bitcoinworld.

[Vigil]

The only thing I am pissed about is not selling at .0038 when I could have. Huge potential profit loss to sell and buy back at current prices (multiple times). That is what I get for going to work - lost profit potential.

Eh.  There's no way to predict where it will go. Sure you could sell at 0.0038 but you'd have no way of knowing where it would go next.  And, you might not know when exactly the dip is at it's lowest to buy back in either.

I disagree with that. I won't go into details about how I can tell but..

[TsuyokuNaritai]

As far as I can see I don't see the price go > 0.0038, the ask wall is too big. Time to sell and buy back later ? You know that people cannot hold for more than 2 days in the bitcoinworld.

Some of the big ask walls lately have been getting pulled when they get bitten. As if someone doesn't really want to sell but is trying to push the price down into their bids.

[VolanicEruptor]

As far as I can see I don't see the price go > 0.0038, the ask wall is too big. Time to sell and buy back later ? You know that people cannot hold for more than 2 days in the bitcoinworld.

Some of the big ask walls lately have been getting pulled when they get bitten. As if someone doesn't really want to sell but is trying to push the price down into their bids.

I'm going to try this sometime.. sounds like it might work

[Rebelution]

Hey guys, just a bit of Googling on the loc. of the Labcoin guy. I am pretty sure that the office address is just a dummy

A list of compaines who uses this address
http://inbutel.com/index.php/mail
http://www.xianware.com/index.php?id=8
http://www.loupesystem.com/blogs/support
http://www.nlpplanet.com/terms-and-conditions/
http://oulalaparis.com/maison-victor-hugo/
http://shineblue.hk/en/contact
http://www.loupesystem.com/blogs/support
http://t-merge.com/
http://www.djcentral.tv/contact-us/
http://boldmedicalanimation.com/about-us.php
http://www.koalatranslations.it/archives/42
http://www.asiabs.com/
http://hugepath.com/contact.php
http://amplusbs.com/
http://www.stringbc.com/

I live in Hong kong and I might have a chance to take a visit to that dummy place to double confirm, for sure i will take some pics if i  were going to (and have time)

Even if all these companies had EXACTLY the same address it wouldn't be uncommon for real businesses.  One physical office / location can represent thousands of virtual companies.  There are addresses in the Cayman islands and other tax havens that have tens of thousands of businesses all registered to the same address.  It is complicated if you don't know much about corporate structuring, but it is totally legit.  But I can see how to the layman it appears weird.

[Ytterbium]

As far as I can see I don't see the price go > 0.0038, the ask wall is too big. Time to sell and buy back later ? You know that people cannot hold for more than 2 days in the bitcoinworld.

Some of the big ask walls lately have been getting pulled when they get bitten. As if someone doesn't really want to sell but is trying to push the price down into their bids.

I'm going to try this sometime.. sounds like it might work

Sounds extremely risky.  You're basically selling low in the hopes that you will be able to buy lower by scaring people into dumping their shares.  But if it doesn't work all you've done is waste a ton of money.

If you really want to trade like the pros, what you should do is write a high-frequency trading bot

[VolanicEruptor]

But if you're already selling for profit anyways, you haven't wasted anything.