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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
JMG
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September 09, 2013, 07:58:58 PM
 #6121

One hour is over.

Bye.
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jeffhuys
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September 09, 2013, 07:59:13 PM
 #6122

Can you give an estimate for screenshots/proof?

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September 09, 2013, 07:59:39 PM
 #6123

Its not that the price wouldn't be going up. It is that the big holders are able to push the price back down and absorb the energy by selling their shares off triggering short-term sell-offs. they buy back in at about 10-15% below their sale price and it starts all over again.

Look at all the money being eaten by this bouncing between .0035 and .00395. That is all the money that would otherwise be driving the share price up.
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September 09, 2013, 08:00:40 PM
 #6124

I'm now certain this isn't a scam.

A scam would have been smoother, this is reality.

But again, feel free to dump your shares.
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September 09, 2013, 08:00:40 PM
 #6125

LC we need something tangible, not words. You will see a lot more interest in the company, and more interest in hardware buys

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September 09, 2013, 08:00:42 PM
 #6126

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.

Keep talking.

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September 09, 2013, 08:00:42 PM
 #6127

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.

Thank you for the clarification.

What is the status of the founder's shares that were to be locked? Why did this not occur?

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September 09, 2013, 08:01:13 PM
 #6128

LOL... you guys are a joke... if this is a scam, these are the worst scammers EVER. They should have run the day after the IPO instead of answering your questions here in the forum.... it's like a bankrobber that has $10 Million in his bag and decides to stay to chat with the bank employees and see if he can steal their watches too...

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September 09, 2013, 08:01:27 PM
 #6129

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.

when do we expect a dividend? somewhere this week?
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September 09, 2013, 08:01:57 PM
 #6130

Where's Mabsark then.  Come on mate let's hear what you have to say about this shambles...

Probably too busy dumping his shares as he nervously wipes the sweat from his brow.  Cry

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September 09, 2013, 08:02:21 PM
 #6131

Eating up all those cheap shares

nomnomnom

Donatioins always welcome Wink
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redbeans2012
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September 09, 2013, 08:02:40 PM
 #6132

LOL... you guys are a joke... if this is a scam, these are the worst scammers EVER. They should have run the day after the IPO instead of answering your questions here in the forum.... it's like a bankrobber that has $10 Million in his bag and decides to stay to chat with the bank employees and see if he can steal their watches too...

Well there is alot of $$ to be made by dumping the original shares which they promised they would lock.
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September 09, 2013, 08:03:55 PM
 #6133

LOL... you guys are a joke... if this is a scam, these are the worst scammers EVER. They should have run the day after the IPO instead of answering your questions here in the forum.... it's like a bankrobber that has $10 Million in his bag and decides to stay to chat with the bank employees and see if he can steal their watches too...

Better. They announced a lower hashrate than initial. I doubt a pure scam would do such. Still like to see some proof of work though.

Not selling.

Mutated btc
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September 09, 2013, 08:04:09 PM
 #6134

LOL... you guys are a joke... if this is a scam, these are the worst scammers EVER. They should have run the day after the IPO instead of answering your questions here in the forum.... it's like a bankrobber that has $10 Million in his bag and decides to stay to chat with the bank employees and see if he can steal their watches too...

hard to be a scam, as i said before, Theseven is in team with labcoin, he build and sold his own fpga before labcoin existed, thats how i know Smiley
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September 09, 2013, 08:04:32 PM
 #6135

LOL. Only in bitcoinland could a company announce a successful start of revenue generating operations and have the share price go nowhere.

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
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September 09, 2013, 08:04:36 PM
 #6136

They could have just filled the bids top-down at IPO and run with a huge amount of money. This is not a scam.

Good things come to those who wait.
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September 09, 2013, 08:04:53 PM
 #6137

LOL... you guys are a joke... if this is a scam, these are the worst scammers EVER. They should have run the day after the IPO instead of answering your questions here in the forum.... it's like a bankrobber that has $10 Million in his bag and decides to stay to chat with the bank employees and see if he can steal their watches too...

Better. They announced a lower hashrate than initial. I doubt a pure scam would do such. Still like to see some proof of work though.

I'm very confident this will come. Having a spread out team can make even simple tasks like picture proof relatively time-consuming.
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September 09, 2013, 08:05:37 PM
 #6138

Eating up all those cheap shares

nomnomnom

Let me some bad cho'
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September 09, 2013, 08:07:04 PM
 #6139

LOL... you guys are a joke... if this is a scam, these are the worst scammers EVER. They should have run the day after the IPO instead of answering your questions here in the forum.... it's like a bankrobber that has $10 Million in his bag and decides to stay to chat with the bank employees and see if he can steal their watches too...

Better. They announced a lower hashrate than initial. I doubt a pure scam would do such. Still like to see some proof of work though.

Not selling.
That could just demonstrate how well they are running this scam -- they drop subtle hints like this to make you think they are legit, but don't provide easily verifiable evidence like mining on a pool to show they are at 2TH/s. The same concept applies to doing the percentage IPO instead of taking the money and running, because then they can later manipulate the market with unlocked shares.
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September 09, 2013, 08:07:17 PM
 #6140

LOL... you guys are a joke... if this is a scam, these are the worst scammers EVER. They should have run the day after the IPO instead of answering your questions here in the forum.... it's like a bankrobber that has $10 Million in his bag and decides to stay to chat with the bank employees and see if he can steal their watches too...

Well there is alot of $$ to be made by dumping the original shares which they promised they would lock.

It's not worth the hassle! When you create an elaborate scam like this, you take the money and RUN! You don't stick around, and risk getting caught! c'mon, you guys....

Know what's happening in cryptoworld: www.coinschedule.com
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