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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Vigil
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September 12, 2013, 01:36:51 AM |
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Well, great job. But I don't have it backwards. I can’t really comment on that because I wasn’t involved in the development of them besides giving them some general hints what can be optimized etc.
<[7]> i’m mostly involved with the second generation chips
<jborkl> 65nm chips?
<[7]> yes, they are actually developing something, definitely. I just can’t comment on how successful it will be He says he can't really comment on the current gen because he wasn't involved, he is mostly involved in the second generation of chips. |
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creativex
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September 12, 2013, 01:38:56 AM |
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Correct, but you said: he only offered some advisory information on the 65nm chips. Which is not accurate. He's involved with the important part of labcoin's venture, and that's a huge plus. |
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Vigil
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September 12, 2013, 01:41:24 AM |
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Correct, but you said: he only offered some advisory information on the 65nm chips. Which is not accurate. He's involved with the important part of labcoin's venture, and that's a huge plus. But that says nothing about what is currently happening and whether they legitimately are generating 2TH or more. It says nothing about what the current share price should be. That is something which will become a factor in the coming months. We are trying to ascertain the current situation and judge our investment actions accordingly. |
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afrotec
Full Member
 Offline
Activity: 127
Merit: 100
Coinnoisseur
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September 12, 2013, 01:42:56 AM |
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Correct, but you said: he only offered some advisory information on the 65nm chips. Which is not accurate. He's involved with the important part of labcoin's venture, and that's a huge plus. This TheSeven guy sounds like quite the dude, but can you give us a tldr on why his affiliation with LC is worth so much merit? I've heard his name referenced many times, but I'm not familiar with his previous accomplishments at all |
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creativex
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September 12, 2013, 01:44:19 AM |
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He's the guy you lock in the lab with a pile of chips, a pc board, and a computer and say "MAKE THIS HASH".
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Vigil
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September 12, 2013, 01:44:43 AM |
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Correct, but you said: he only offered some advisory information on the 65nm chips. Which is not accurate. He's involved with the important part of labcoin's venture, and that's a huge plus. This TheSeven guy sounds like quite the dude, but can you give us a tldr on why his affiliation with LC is worth so much merit? I've heard his name referenced many times, but I'm not familiar with his previous accomplishments at all He has formed his cult of forum dwellers who will do anything to hobknob with the bigwigs on the forum for status points. |
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creativex
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September 12, 2013, 01:48:10 AM |
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Correct, but you said: he only offered some advisory information on the 65nm chips. Which is not accurate. He's involved with the important part of labcoin's venture, and that's a huge plus. But that says nothing about what is currently happening and whether they legitimately are generating 2TH or more. It says nothing about what the current share price should be. That is something which will become a factor in the coming months. We are trying to ascertain the current situation and judge our investment actions accordingly. We can only speculate since LC isn't saying. If there's a problem with their 130nm chips then they may try to run the clock out until their 65nm chips show up. It's an information vacuum, but the 130nm chips are a stopgap anyway. The real hashrate will come from the 65nm chips. |
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FloatesMcgoates
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September 12, 2013, 01:51:41 AM |
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Vigil you claimed out of nowhere that swede and seven were the same person because "their names are similar." I'm pretty sure you have no idea what you are talking about and should not continue any conversation on what theseven is or is not doing in relation to labcoin.
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Vigil
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September 12, 2013, 01:52:23 AM |
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Correct, but you said: he only offered some advisory information on the 65nm chips. Which is not accurate. He's involved with the important part of labcoin's venture, and that's a huge plus. But that says nothing about what is currently happening and whether they legitimately are generating 2TH or more. It says nothing about what the current share price should be. That is something which will become a factor in the coming months. We are trying to ascertain the current situation and judge our investment actions accordingly. We can only speculate since LC isn't saying. If there's a problem with their 130nm chips then they may try to run the clock out until their 65nm chips show up. It's an information vacuum, but the 130nm chips are a stopgap anyway. The real hashrate will come from the 65nm chips. But if they can't get their 130nm chips running properly, how will they get the 65nm running? This seems to be the obvious answer... the 130nm chips are not hashing anywhere near what they estimated, which is why the estimates went from 6TH to 4TH to 2TH. |
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afrotec
Full Member
Offline
Activity: 127
Merit: 100
Coinnoisseur
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September 12, 2013, 01:53:18 AM |
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Correct, but you said: he only offered some advisory information on the 65nm chips. Which is not accurate. He's involved with the important part of labcoin's venture, and that's a huge plus. But that says nothing about what is currently happening and whether they legitimately are generating 2TH or more. It says nothing about what the current share price should be. That is something which will become a factor in the coming months. We are trying to ascertain the current situation and judge our investment actions accordingly. We can only speculate since LC isn't saying. If there's a problem with their 130nm chips then they may try to run the clock out until their 65nm chips show up. It's an information vacuum, but the 130nm chips are a stopgap anyway. The real hashrate will come from the 65nm chips. If that's the case it seems like a long time to keep shareholders in the dark. Also a waste of money for the first batch of chips |
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Vigil
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September 12, 2013, 01:54:11 AM |
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Vigil you claimed out of nowhere that swede and seven were the same person because "their names are similar." I'm pretty sure you have no idea what you are talking about and should not continue any conversation on what theseven is or is not doing in relation to labcoin.
Kiss my ass, who made you the forum authority? I am speculating just like everyone else here. The names are eerily similar, so maybe "TheSwede 75" was trying to have his name sound like "TheSeven". |
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creativex
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September 12, 2013, 01:57:11 AM |
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Correct, but you said: he only offered some advisory information on the 65nm chips. Which is not accurate. He's involved with the important part of labcoin's venture, and that's a huge plus. But that says nothing about what is currently happening and whether they legitimately are generating 2TH or more. It says nothing about what the current share price should be. That is something which will become a factor in the coming months. We are trying to ascertain the current situation and judge our investment actions accordingly. We can only speculate since LC isn't saying. If there's a problem with their 130nm chips then they may try to run the clock out until their 65nm chips show up. It's an information vacuum, but the 130nm chips are a stopgap anyway. The real hashrate will come from the 65nm chips. If that's the case it seems like a long time to keep shareholders in the dark. Also a waste of money for the first batch of chips Yes, LC is not being transparent. Shareholders didn't fund the first batch remember? They used the funds for the second gen chips. The first batch was already funded(according to LC). |
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afrotec
Full Member
Offline
Activity: 127
Merit: 100
Coinnoisseur
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September 12, 2013, 01:58:16 AM |
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I think you're stretching things a bit Vigil.
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Ytterbium
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September 12, 2013, 01:59:22 AM |
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Vigil you claimed out of nowhere that swede and seven were the same person because "their names are similar." I'm pretty sure you have no idea what you are talking about and should not continue any conversation on what theseven is or is not doing in relation to labcoin.
Kiss my ass, who made you the forum authority? I am speculating just like everyone else here. The names are eerily similar, so maybe "TheSwede 75" was trying to have his name sound like "TheSeven". lolwhat? |
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redbeans2012
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September 12, 2013, 02:00:28 AM |
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Quoting Clock for excitement |
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JohnyBigs
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September 12, 2013, 02:00:37 AM |
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Why don't you all just STFU and wait for the next update when ever that is then you can bitch and moan for whatever dumb reason we don't need another 40 pages till then
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yuansuyi
Member
Offline
Activity: 210
Merit: 10
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September 12, 2013, 02:04:21 AM |
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I guess Vigil has just sold all shares, and he wants cheap shares eagerly.
Do not try too hard my boy, there will be a dump, you have to wait patiently.
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Vigil
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September 12, 2013, 02:05:41 AM |
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I almost think that nothing can sink this stock at this point. Everyone has been shocked into acceptance.
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kingcrimson
Legendary
Offline
Activity: 1025
Merit: 1000
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September 12, 2013, 02:09:20 AM |
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Why don't you all just STFU and wait for the next update when ever that is then you can bitch and moan for whatever dumb reason we don't need another 40 pages till then
They are trying to crash it to buy cheap |
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