JohnyBigs
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September 14, 2013, 05:20:06 PM |
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End of the day this is the recap.
1. They have chips and boards 2. They are having some issues which is delaying them 3. In a months time everything should be taken care of
Everything else is irrevelant if they are hashing or not, the real test is after this delay for a few weeks if they get things to work or if they are delayed further.
Just let this thread die until then
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AngelSky
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September 14, 2013, 05:23:06 PM |
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The real recap is here: Q: When are you going to lock the shares ? A: *no answer*
Q: When are you going to show us the mining address ? A: soon(tm)
Q: Why did it took you so long to show us your address ? A: *no answer*
Q: Hmm, can we have pictures ? A: Sure, here are two pictures of our board and some random chips.
Q: Can we see the board and the chips assembled ? A: *no answer*
Q: What is your actual hashrate ? A: *no answer*
Q: About the pictures, we raised some concerns about the board, what can you tell us ? A: We won't publish any pictures, it seems to confuse our shareholders.
Thanks, AMAZING COMPANY.
EDIT: I forgot:
Q: What should we do now ? A: Buy more shares, labcoin is awesome, trust us. You won't regret.
Q: But I lost so many BTC with you.. A: Don't worry, everything is fine. You will see. Soon it will be a 10bag. I can tell you. 100%. Buy now. Please. Now. Please.
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ShroomsKit
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September 14, 2013, 05:24:16 PM |
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Labcoin-
I wasn't confused by your pictures.
You showed us some boards and some chips. Great. Not at all confusing. I understand they're boards and chips.
What YOU seem confused about is think that's in any way sufficient.
It's not.
Here, I'll make this easy.
The follow items will drastically improve your relations with investors.
1 - A photo of an assembled board.
2 - A photo of computer screen showing the mining software running while attached to a board. Ideally with hashrate, but really, just show us you're running.
3 - Tell us how many chips you have running RIGHT NOW, not at some future point. It doesn't matter much if it's a tiny number. Right now we assume you have 0. Any number greater than 0 is an improvement.
4- If you've found a block, tell us which one it is.
5- Give us your mining address.
Do these simple things and your stock price will soar in a matter of minutes.
Do it.
Time is money.
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Its price is not a very relevant factor in its adoption....
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SvanteH
Newbie
Offline
Activity: 8
Merit: 0
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September 14, 2013, 05:25:11 PM |
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This thread is hilarious, kiddy playground all around. I'll thank you all for the cheap shares at least.
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drawingthesun
Legendary
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Activity: 1176
Merit: 1015
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September 14, 2013, 05:28:12 PM |
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This thread is hilarious, kiddy playground all around. I'll thank you all for the cheap shares at least.
No worries!
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Bitcycle
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 14, 2013, 05:30:02 PM |
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This thread is hilarious, kiddy playground all around. I'll thank you all for the cheap shares at least.
If you bought the ones I sold, you didn't get them cheap. So thank you!
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Vigil
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 14, 2013, 05:31:22 PM |
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Probably no more pictures as they only do create more confusion.
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi00.i.aliimg.com%2Fwsphoto%2Fv0%2F979500514%2FAvalon-asic-miner-bits-huazhung-full-set-drawings-only-document-send-to-your-email.jpg&t=665&c=pUwp4MqutBksnQ) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2F&t=665&c=X3R0-r72180rCA) I'm confused... this looks like an image of a nonfunctional, fake miner that has no potential for hashing. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4yuBc9A.jpg&t=665&c=GSVfkolsStLJ7w) Clearly a functional, completed board that is absolutely capable of hashing.
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kingcrimson
Legendary
Offline
Activity: 1025
Merit: 1000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 14, 2013, 05:32:11 PM |
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End of the day this is the recap.
1. They have chips and boards 2. They are having some issues which is delaying them 3. In a months time everything should be taken care of
Everything else is irrevelant if they are hashing or not, the real test is after this delay for a few weeks if they get things to work or if they are delayed further.
Just let this thread die until then
So it is irrelevant that they lied to their shareholders? Read the September 10th update and read yesterday's update.
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JohnyBigs
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 14, 2013, 05:37:06 PM |
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End of the day this is the recap.
1. They have chips and boards 2. They are having some issues which is delaying them 3. In a months time everything should be taken care of
Everything else is irrevelant if they are hashing or not, the real test is after this delay for a few weeks if they get things to work or if they are delayed further.
Just let this thread die until then
So it is irrelevant that they lied to their shareholders? Read the September 10th update and read yesterday's update. According to them they are hashing, but again it's irrelevant if they are or aren't as 2TH means nothing compared to 50TH and 500TH
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Vigil
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 14, 2013, 05:38:23 PM |
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End of the day this is the recap.
1. They have chips and boards 2. They are having some issues which is delaying them 3. In a months time everything should be taken care of
Everything else is irrevelant if they are hashing or not, the real test is after this delay for a few weeks if they get things to work or if they are delayed further.
Just let this thread die until then
So it is irrelevant that they lied to their shareholders? Read the September 10th update and read yesterday's update. According to them they are hashing, but again it's irrelevant if they are or aren't as 2TH means nothing compared to 50TH and 500TH No it isn't. If they could not get 2 TH going AND lied about it, there is absolutely no reason to believe they will get 50 TH and especially not 500 TH.
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somestranger
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September 14, 2013, 05:41:07 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FKIk3NnS.jpg&t=665&c=GCXrT401bbX1Hg) All I see here in these pictures (both) are a single faced PCB, with no visible core vias, a grid of chip pads and what seems to be a bigger SMD pad like a capacitor or resistor. Only the SMD component seems to have visible vias which go and fill completely the connection pads at the end of the board. So the chip pads don't seem to connect to anything, and there is only one side shown in both pictures. It is also quite fascinating to see such simple boards where all the connection pins are routed to a single SMD component, WHICH is not actually connected on the other side to anything else. Without seeing the other side, I assume they wanted this to fool people into thinking they have some kind of pluggable/multiplex design (with a connector raised so high and needing manual soldering on each pad for power), but where is the grounding and the logic connector? Sure, it makes sense to have separate power lines and power wires for each chip, as each one could usemaybe tens of watts of power and you need those amps to flow. What about those bulky chips? How do they dissipate tens of watts of power that require individual power lines? Why are they so simple? Why do they have so little pins? Where the hell are the 128 pins from the image posted on the first post? What you see in that picture is the equivalent of a stack of left side tires and several engine cylinders being presented as a state of the art automobile! Am I missing something? Are you guys still believing this crap forgery represents actual chips capable of "4.7 GH/s @ 12.8W"? Well, now you admit that the hardware exists, we can progress.
They have chips and boards.
I have no idea if they can be assembled into a working miner because they have not done so.
So no, I don't know if the hardware is legit.
Thanks for reminding me of the possibility they aren't.
Apparently it worked for these two guys...
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KCBitcoin
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September 14, 2013, 05:53:56 PM |
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Labcoin-
I wasn't confused by your pictures.
You showed us some boards and some chips. Great. Not at all confusing. I understand they're boards and chips.
What YOU seem confused about is think that's in any way sufficient.
It's not.
Here, I'll make this easy.
The follow items will drastically improve your relations with investors.
1 - A photo of an assembled board.
2 - A photo of computer screen showing the mining software running while attached to a board. Ideally with hashrate, but really, just show us you're running.
3 - Tell us how many chips you have running RIGHT NOW, not at some future point. It doesn't matter much if it's a tiny number. Right now we assume you have 0. Any number greater than 0 is an improvement.
4- If you've found a block, tell us which one it is.
5- Give us your mining address.
Do these simple things and your stock price will soar in a matter of minutes.
Do it.
^^^Please do it, labcoin. Being honest shows your respect to your shareholders and it is the least possible way to hurt your company. See what happened to the share price when people find out you are intentionally hiding information from them.
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N_S
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September 14, 2013, 06:01:24 PM |
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Some of you folks are beyond belief. Here's what we have:
- Labcoin flat out refuses to post pictures of anything functional.
- They're apparently already up and solomining with 2TH/s and yet are unable to provide a mining address.
- The best picture they can muster after enduring hundreds of pages of shareholders asking for pictures of functioning equipment is an insulting picture of a few dozen chips and a handful of blank boards.
- They "...advise you to buy shares now that they're cheap" which is simply jaw-dropping.
Honestly, I now completely understand how and why people create scams. It makes me think this entire operation in part of a game show called: "How Credulous Can They Be?"
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TMAN
Legendary
Offline
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
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September 14, 2013, 06:04:43 PM |
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Where are all the active guys? Seems to be about to slp under ipo on btct....
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drawingthesun
Legendary
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Activity: 1176
Merit: 1015
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September 14, 2013, 06:05:31 PM |
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Where are all the active guys? Seems to be about to slp under ipo on btct....
I'm still here, Active is well fucked. I am coming to terms with being a bagholder at this point. :p
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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September 14, 2013, 06:07:20 PM |
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Asians: I wish they weren't akward and sucked at social skills.
This!
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Stuartuk
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September 14, 2013, 06:07:32 PM |
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Well then......the inevitable has happened - as I had predicted and repeatedly warned everyone on here for the past week that it would. I hope I saved someone some heartache on this one.
The next question now concerns this 0.0015 level and whether that represents the bottom for now or something else.
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TMAN
Legendary
Offline
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 14, 2013, 06:09:10 PM |
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Well then......the inevitable has happened - as I had predicted and repeatedly warned everyone on here for the past week that it would. I hope I saved someone some heartache on this one.
The next question now concerns this 0.0015 level and whether that represents the bottom for now or something else.
Where is actives bottom Stuart?
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Bitcycle
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 14, 2013, 06:16:02 PM |
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Well then......the inevitable has happened - as I had predicted and repeatedly warned everyone on here for the past week that it would. I hope I saved someone some heartache on this one.
The next question now concerns this 0.0015 level and whether that represents the bottom for now or something else.
Where is actives bottom Stuart? Below labcoin at the rate it's dropping.
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N_S
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September 14, 2013, 06:16:55 PM |
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Where is actives bottom Stuart?
Yes! Quick! Divert attention from Pompeii-like situation aboard your ship to point out that a ship further up the horizon seems to be stationary!
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