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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
Mabsark
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September 09, 2013, 07:49:43 PM
 #6101

Any redditor's here?

http://www.reddit.com/r/BitcoinStocks/comments/1m1wfd/labcoin_is_now_mining/
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JohnyBigs
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September 09, 2013, 07:50:00 PM
 #6102

And FUDSTERS get fucked haha
Vigil
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September 09, 2013, 07:50:01 PM
 #6103

In a sense, this Labcoin stock is just like the disclaimer on BTCT. Its all just a make-believe game where progress is simply a some words on a card from the community chest pile. Pass Go, Collect $200. Bank error in your favor, collect $50.
FloatesMcgoates
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September 09, 2013, 07:50:27 PM
 #6104

Just waiting on those pics verifying hashrate, switching to a guild so the public could easily check for about a day or so wouldn't be too bad either.
Mutated btc
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September 09, 2013, 07:50:52 PM
 #6105

The team is scattered on various countries, thus we have to coordinate to release anything. I'll see if i can get a screenshot of the hashing rate or something, but more pictures will be posted in the next few days, we will deploy the same mechanism ASICMINER uses for signing found blocks and publish them on our website.

i told you guys,
wickedgoodtrader
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September 09, 2013, 07:51:18 PM
 #6106

The team is scattered on various countries, thus we have to coordinate to release anything. I'll see if i can get a screenshot of the hashing rate or something, but more pictures will be posted in the next few days, we will deploy the same mechanism ASICMINER uses for signing found blocks and publish them on our website.

Another dodge.. what exactly needs to be coordinated?? You contact someone with the chips say take pictures and send to me. It's not rocket science. FU to all the FUD haters. Looks like the FUDs were right.
Bitcycle
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September 09, 2013, 07:51:29 PM
 #6107

Dammit, FUDsters push the price lower.

You guys are weak.
camu6
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September 09, 2013, 07:51:42 PM
 #6108



reddit - Yes.  labcoin mining with a proof - No.
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September 09, 2013, 07:51:57 PM
 #6109

Looks like labcoin is pulling an activemining on the announcement of good news, temporary huge spike followed by decline to where levels were previously, thank god I was at my computer this time to take advantage of the situation.

Please tell me this is sarcasm.  I don't see any 'huge' spike.  0.0033 to 0.0039.

ActM price doubled within 5 minutes because I was at my computer.

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FloatesMcgoates
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September 09, 2013, 07:52:55 PM
 #6110

Looks like labcoin is pulling an activemining on the announcement of good news, temporary huge spike followed by decline to where levels were previously, thank god I was at my computer this time to take advantage of the situation.

Please tell me this is sarcasm.  I don't see any 'huge' spike.  0.0033 to 0.0039.

ActM price doubled within 5 minutes because I was at my computer.

Yeah looks like my analysis was incorrect because the price went back up while actm's price declined to lower than where it was previously, sucks if you are one of those activeminer bag holders.
labcoin
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September 09, 2013, 07:53:00 PM
 #6111

The chip picture may present some artifacts due to rough chip packaging commanded by hurry to get the IC delivered.  

http://labcoin.com - Proprietary ASIC technology
creativex
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September 09, 2013, 07:53:02 PM
 #6112

Labcoin: What is the reason for the drop from the original estimate of 6Th/s to 3-4Th/s to now 2Th/s for this initial batch? Is there a problem with heat?

Bitcycle
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September 09, 2013, 07:54:50 PM
 #6113


Labcoin- How many chips are mining as of now?
zumzero
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September 09, 2013, 07:55:14 PM
 #6114

Looks like labcoin is pulling an activemining on the announcement of good news, temporary huge spike followed by decline to where levels were previously, thank god I was at my computer this time to take advantage of the situation.

Please tell me this is sarcasm.  I don't see any 'huge' spike.  0.0033 to 0.0039.

ActM price doubled within 5 minutes because I was at my computer.

Yeah looks like my analysis was incorrect because the price went back up while actm's price declined to lower than where it was previously, sucks if you are one of those activeminer bag holders.

You got your news you were expecting and all that talk about the price going crazy was obviously bullshit as it has already peaked at 0.0039 and will drop below 0.0035 within a few hours.

https://mybitcoin.garden
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physalis
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September 09, 2013, 07:55:18 PM
 #6115

I'm officially completely out of this.

Made about 75 btc profit on this stock, so I guess I can't be too mad.
But I'm pretty positive on the fact now that this is a scam. So fuck you, LC.
You know what the worst part is? MP was right. Another fuck you for that.
nickwen
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September 09, 2013, 07:55:24 PM
 #6116

The chip picture may present some artifacts due to rough chip packaging commanded by hurry to get the IC delivered.  

it' ok, but can you upload the original photo ?
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September 09, 2013, 07:56:47 PM
 #6117

The chip picture may present some artifacts due to rough chip packaging commanded by hurry to get the IC delivered.  

it' ok, but can you upload the original photo ?

No, he is busy organizing a fake screenshot of the hashingpower.
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September 09, 2013, 07:57:22 PM
 #6118

I'm officially completely out of this.

Made about 75 btc profit on this stock, so I guess I can't be too mad.
But I'm pretty positive on the fact now that this is a scam. So fuck you, LC.
You know what the worst part is? MP was right. Another fuck you for that.

Well done.  Nice profit.  Now watch the panic set in.  

P.S. *shush* dont say scam.

https://mybitcoin.garden
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labcoin
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September 09, 2013, 07:58:01 PM
 #6119

Labcoin: What is the reason for the drop from the original estimate of 6Th/s to 3-4Th/s to now 2Th/s for this initial batch? Is there a problem with heat?

Not really a drop to 2 TH, this is roughly the speed we're mining at now, it will reach 4 TH next monday. The drop  was from 6 to 4 TH and was caused by some underperforming part of the batch.

http://labcoin.com - Proprietary ASIC technology
physalis
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September 09, 2013, 07:58:49 PM
 #6120

You got your news you were expecting [...]

That wasn't the news we were expecting. The news we were expecting would have contained any believable proof.
But instead: more bullshit. So they're solo-mining with their 2TH, sure  Roll Eyes

Would have been too easy to verify if they were mining in a pool, huh?
And taking pictures, jeeeez how would you accomplish that with the teams scattered over different continents?
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