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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
redbeans2012
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August 29, 2013, 03:18:05 AM
 #4381

what are we doing tonight guys? Panick selling or just holding.. cause I will go to sleep if there is no action.
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August 29, 2013, 03:19:23 AM
 #4382

I strongly suggest those Pro trollers do their job once a week or at least do it every few days. Wink you may notice that people have kinda trolling resistance effect, yesterday the price drop to 0.0018, same time today price drop to 0.0028. BE PROFESSIONAL, I KNOW YOU CAN DO IT

LOL, I was thinking the same. There is definitely a law of diminishing returns at work.

They might consider creating even more identities and applying their skills to other total scams / amazing companies before returning to their work here at Labcoin. It should be tested, but I estimate 5 days is the optimum time between pump and dump operations.

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August 29, 2013, 03:21:45 AM
 #4383

The thing that made me sell was when he was telling the person he was too busy to talk and to please not share his info with anyone else.. what kind of CEO does that lol

The kind who doesn't want to be bothered by some semi-literate pissant on his instant messenger. Just a guess. Smiley

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August 29, 2013, 03:23:06 AM
 #4384

Did anybody miss this, here is the update. I thought there was no update until I just saw it on BTCT.

A note to the Swede you should have a section in thr OP where post latest update, delete old ones and replace with new updates instead of posting in the thread and it getting lost. Also a twitter account wouldn't hurt.

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.

If you own shares BTCT should send you an email automatically with the news, it did for me today.
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August 29, 2013, 03:26:16 AM
 #4385

I strongly suggest those Pro trollers do their job once a week or at least do it every few days. Wink you may notice that people have kinda trolling resistance effect, yesterday the price drop to 0.0018, same time today price drop to 0.0028. BE PROFESSIONAL, I KNOW YOU CAN DO IT

LOL, I was thinking the same. There is definitely a law of diminishing returns at work.

They might consider creating even more identities and applying their skills to other total scams / amazing companies before returning to their work here at Labcoin. It should be tested, but I estimate 5 days is the optimum time between pump and dump operations.

It would be hilarious to see these guys try this in the ActiveMining religious commune thread.  Well, they'd probably all just get put on ignore.

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August 29, 2013, 03:31:34 AM
 #4386


It would be hilarious to see these guys try this in the ActiveMining religious commune thread.  Well, they'd probably all just get put on ignore.

Yes, but not before several people spontaneously combusted. You could charge for that show. LOL

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August 29, 2013, 03:35:04 AM
 #4387



 Cheesy Fabz is all about communication it seems.

The thing that made me sell was when he was telling the person he was too busy to talk and to please not share his info with anyone else.. what kind of CEO does that lol
CEO of APPLE would be glad if you contract him through personal phone number when he is busy and will beg you to put the phone number on to website.
Oh, you know what, he will tell you everything about IPHONE6S.
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August 29, 2013, 03:53:11 AM
 #4388

I'll say LabCoin is not professionally managed in the respect of PR. TheSwede either lacks information or motive to do his PR job. A Hong Kong company and China factory introduced a PR living in US east coast itself is funny considering the time difference and the distance.

But I still don't think the project is completely a scam. We can avoid touching this stock because of lack of transparency and trust. But if you are already stakeholders, there's no reason to panic sell because someone said it is a scam.

Bottom line:
There's a CEO with real name and a QQ number, who admitted there's a project called LabCoin and Sam is indeed the leader. There's indeed a man called Wang Zhenghua in Shen Zhen China, who working in EE company. They did not grab the IPO money when they have chance to get double the money. They cannot dump all their shares due to the sheer order book. They can manipulate the market, but cannot gain much due to the relatively small volume.

Meanwhile, if there's finally a real collapse, only a small part of people could escape due to the sheer order book. The majority of the 10M shares will be 0 anyway.

In conclusion, if the LabCoin guy really want to earn big money, they have to work hard and get things done. If the chips were a failure, they can gain little by hiding the fact. So I still believe the chips are fine but not great. Most likely, the PCB part has some problem since they said they need to finalize the control board design. So if you are stakeholders, the best you can do is to hold tight and be patient and give them some time.

hard to say chips or board will fail, becuase they got "theseven" in project team, because the guy already delivered his own build miners long ago + coding.

labcoin is doing good, after hashing starts, soon 65nm will be out and build to board,
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August 29, 2013, 03:53:25 AM
 #4389



 Cheesy Fabz is all about communication it seems.

The thing that made me sell was when he was telling the person he was too busy to talk and to please not share his info with anyone else.. what kind of CEO does that lol
CEO of APPLE would be glad if you contract him through personal phone number when he is busy and will beg you to put the phone number on to website.
Oh, you know what, he will tell you everything about IPHONE6S.

Once again. Fabrizio Tatti is NOT the CEO of labcoin. He is Founder and sole owner of iTec-pro Ltd. Samuel Noi is the person closest to what you'll call a CEO of labcoin because he is the managing director of the project and iTec-pro.

Bother Sam about it.
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August 29, 2013, 03:54:36 AM
 #4390



 Cheesy Fabz is all about communication it seems.

The thing that made me sell was when he was telling the person he was too busy to talk and to please not share his info with anyone else.. what kind of CEO does that lol
CEO of APPLE would be glad if you contract him through personal phone number when he is busy and will beg you to put the phone number on to website.
Oh, you know what, he will tell you everything about IPHONE6S.

Once again. Fabrizio Tatti is NOT the CEO of labcoin. He is Founder and sole owner of iTec-pro Ltd. Samuel Noi is the person closest to what you'll call a CEO of labcoin because he is the managing director of the project and iTec-pro.

Bother Sam about it.
+1
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August 29, 2013, 03:54:58 AM
 #4391

I'll say LabCoin is not professionally managed in the respect of PR. TheSwede either lacks information or motive to do his PR job. A Hong Kong company and China factory introduced a PR living in US east coast itself is funny considering the time difference and the distance.

But I still don't think the project is completely a scam. We can avoid touching this stock because of lack of transparency and trust. But if you are already stakeholders, there's no reason to panic sell because someone said it is a scam.

Bottom line:
There's a CEO with real name and a QQ number, who admitted there's a project called LabCoin and Sam is indeed the leader. There's indeed a man called Wang Zhenghua in Shen Zhen China, who working in EE company. They did not grab the IPO money when they have chance to get double the money. They cannot dump all their shares due to the sheer order book. They can manipulate the market, but cannot gain much due to the relatively small volume.

Meanwhile, if there's finally a real collapse, only a small part of people could escape due to the sheer order book. The majority of the 10M shares will be 0 anyway.

In conclusion, if the LabCoin guy really want to earn big money, they have to work hard and get things done. If the chips were a failure, they can gain little by hiding the fact. So I still believe the chips are fine but not great. Most likely, the PCB part has some problem since they said they need to finalize the control board design. So if you are stakeholders, the best you can do is to hold tight and be patient and give them some time.

Agree.
redbeans2012
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August 29, 2013, 03:55:49 AM
 #4392



 Cheesy Fabz is all about communication it seems.

The thing that made me sell was when he was telling the person he was too busy to talk and to please not share his info with anyone else.. what kind of CEO does that lol
CEO of APPLE would be glad if you contract him through personal phone number when he is busy and will beg you to put the phone number on to website.
Oh, you know what, he will tell you everything about IPHONE6S.

Once again. Fabrizio Tatti is NOT the CEO of labcoin. He is Founder and sole owner of iTec-pro Ltd. Samuel Noi is the person closest to what you'll call a CEO of labcoin because he is the managing director of the project and iTec-pro.

Bother Sam about it.

Have you been in contact with him?
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August 29, 2013, 03:56:18 AM
 #4393

I'm officially the worst day trader alive...

sympathy jar > 17wpJZTs3KtfSGqv14kKdoC37CBWEq6r64
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August 29, 2013, 03:58:46 AM
 #4394



 Cheesy Fabz is all about communication it seems.

The thing that made me sell was when he was telling the person he was too busy to talk and to please not share his info with anyone else.. what kind of CEO does that lol
CEO of APPLE would be glad if you contract him through personal phone number when he is busy and will beg you to put the phone number on to website.
Oh, you know what, he will tell you everything about IPHONE6S.

Once again. Fabrizio Tatti is NOT the CEO of labcoin. He is Founder and sole owner of iTec-pro Ltd. Samuel Noi is the person closest to what you'll call a CEO of labcoin because he is the managing director of the project and iTec-pro.

Bother Sam about it.

Have you been in contact with him?
EMAIL: sam.noi@labcoin.com , in case if you would like to try it.
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August 29, 2013, 04:00:52 AM
 #4395



 Cheesy Fabz is all about communication it seems.

The thing that made me sell was when he was telling the person he was too busy to talk and to please not share his info with anyone else.. what kind of CEO does that lol
CEO of APPLE would be glad if you contract him through personal phone number when he is busy and will beg you to put the phone number on to website.
Oh, you know what, he will tell you everything about IPHONE6S.

Once again. Fabrizio Tatti is NOT the CEO of labcoin. He is Founder and sole owner of iTec-pro Ltd. Samuel Noi is the person closest to what you'll call a CEO of labcoin because he is the managing director of the project and iTec-pro.

Bother Sam about it.

Have you been in contact with him?

They meeting their deadlines since they set it out a month ago at IPO. I don't see any point in contacting them. If you want to speculate on price than good luck. I'm not as in-secured as some of you guys. They even announced news yesterday. If they missed their deadline next week I may question. If they continue to delay like BFL, I'll pull out. So far there is no reason to.
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August 29, 2013, 04:01:05 AM
 #4396

65 nm design is currently under development and is expected to go on tape-out in late August or early September.

from https://bitcointalk.org/index.php?topic=263445.msg2855020#msg2855020

his ETA for 130nm pretty well matched up the batch delivery he announced, super Smiley

just to remind you guys, so within october the full speed = contains 65nm ,

i can say this, because they have theseven in project, Smiley
redbeans2012
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August 29, 2013, 04:03:56 AM
 #4397



 Cheesy Fabz is all about communication it seems.

The thing that made me sell was when he was telling the person he was too busy to talk and to please not share his info with anyone else.. what kind of CEO does that lol
CEO of APPLE would be glad if you contract him through personal phone number when he is busy and will beg you to put the phone number on to website.
Oh, you know what, he will tell you everything about IPHONE6S.

Once again. Fabrizio Tatti is NOT the CEO of labcoin. He is Founder and sole owner of iTec-pro Ltd. Samuel Noi is the person closest to what you'll call a CEO of labcoin because he is the managing director of the project and iTec-pro.

Bother Sam about it.

Have you been in contact with him?

They meeting their deadlines since they set it out a month ago at IPO. I don't see any point in contacting them. If you want to speculate on price than good luck. I'm not as in-secured as some of you guys. They even announced news yesterday. If they missed their deadline next week I may question. If they continue to delay like BFL, I'll pull out. So far there is no reason to.

I guess I am insecure, not trying to be a troll.  There are a couple promises that they haven't kept.  1 - the locking of shares (they said they would do this) 2- Having the people get out of "newbie jail" and talk to us in the forum.  These were their promises not mine.  Don't see whats so hard about doing these 2 things.
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August 29, 2013, 04:08:37 AM
 #4398

Lets consider this. 850,022 shares on ask. That's 850,022 out of 7,000,000 possible shares(ignoring the owners). That means most of the shareholders don't want to sell. The largest buy at IPO was 200k~ share. I would say the confidence of the shareholders are strong. There are only a few very loud speculators that are trying to make a quick buck. No whales are panic selling anytime soon.
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August 29, 2013, 04:10:25 AM
 #4399

I guess I am insecure, not trying to be a troll.  There are a couple promises that they haven't kept.  1 - the locking of shares (they said they would do this) 2- Having the people get out of "newbie jail" and talk to us in the forum.  These were their promises not mine.  Don't see whats so hard about doing these 2 things.

Those are minor issues. I'm really just looking if they meet deadlines. If they pull stunts like ActM and create more shares than we'll have to worry.
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August 29, 2013, 04:27:35 AM
 #4400

Lets consider this. 850,022 shares on ask. That's 850,022 out of 7,000,000 possible shares(ignoring the owners). That means most of the shareholders don't want to sell. The largest buy at IPO was 200k~ share. I would say the confidence of the shareholders are strong. There are only a few very loud speculators that are trying to make a quick buck. No whales are panic selling anytime soon.
people just have to recover from yesterday's dump,pump,dump,pump.
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