[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

[Anotheranonlol]

Where's that picture of the IC from?

it's from their website

like swede claimed, the team are engineers so couldn't possibly show any renders, fakes or mockups 

[1713958935]

1713958935

[1713958935]

1713958935

[1713958935]

1713958935

[AngelSky]

We are hiring! If you are skilled in IC design / HDL optimization, shoot us your CV at info@labcoin.com

[Mabsark]

Where's that picture of the IC from?

it's from their website

like swede claimed, the team are engineers so couldn't possibly show any renders, fakes or mockups  

I'm looking at their website and can't see it. Can you provide a link to it?

[somestranger]

Where's that picture of the IC from?

it's from their website

like swede claimed, the team are engineers so couldn't possibly show any renders, fakes or mockups 

I'm looking at their website and can't see it. Can you provide a link to it?

http://labcoin.com/images/Untitled-1_15.jpg
https://bitcointalk.org/index.php?topic=263445.msg2814423#msg2814423

[somestranger]

these are labcoins real revolutionary gen 2 65nm chips..these babys will hash away at a mindblowing
500000GH/S we are using a sea of hashers as in sea of gates approach

We want to reassure all investors that the pictures above are indeed real and the tray shown is loaded with our chips, just wait 6 weeks all will become clear

As said, this is a legitimate operation, and all signs should point at that if you ask your common sense.
Our initial board design is quite rough while very functional, and pictures will be posted rather soon.

We promise pictures of some boards mining will be up for this weekend.

we kept this promise so you can surely trust us, what is a few months to wait?

Holy shit you have 500TH/s of chips !? Where do I send my bitcoins?

[Mabsark]

Where's that picture of the IC from?

it's from their website

like swede claimed, the team are engineers so couldn't possibly show any renders, fakes or mockups 

I'm looking at their website and can't see it. Can you provide a link to it?

http://labcoin.com/images/Untitled-1_15.jpg
https://bitcointalk.org/index.php?topic=263445.msg2814423#msg2814423

Not that picture, this one:



Where is the above image taken from because I can't see it on Labcoin's website. Someone is asking why the ICs are different. I'm asking if the one shown in the above image even has any relation to Labcoin.

[zumzero]

My bad, they don't want another two weeks, they want SIX!!!

What a complete joke. 

[Anotheranonlol]

Where is the above image taken from because I can't see it on Labcoin's website. Someone is asking why the ICs are different. I'm asking if the one shown in the above image even has any relation to Labcoin.

http://www.labcoin.com/img/CEL.JPG

[AngelSky]

Holy shit you have 500TH/s of chips !? Where do I send my bitcoins?

well As we already stated, chip documentation isn't ready yet for public distribution. we are mining with them now but unfortunately The team is scattered on various countries, thus we have to coordinate to release anything. because the chips and board are are split into 3 different regions (china,europe,hong kong) without internet access, block chain has limitations on accessing from more than one country..im sure you understand our difficulty

We do not have 500 TH of chips out of nowhere, we said that we will setup block labeling as soon as we reach that speed, which could be on the first days of january, so in "about" two weeks, or mid july

We want to mention that we have received interview requests from several well know parties, FOX news being the most prominent  and late progress with our 14nm design lead us to believe we will deploy 200-300 PH within 2012

We do believe in what we are doing and we will continue with the usual energy and dedication.
Again, advice for those who are holding is to wait until 30/13/2013 to take any final decision, those interested in acquiringshares should just take advantage of the current cheap prices.

You killed me 

[bobsag3]

Holy shit you have 500TH/s of chips !? Where do I send my bitcoins?

well As we already stated, chip documentation isn't ready yet for public distribution. we are mining with them now but unfortunately The team is scattered on various countries, thus we have to coordinate to release anything. because the chips and board are are split into 3 different regions (china,europe,hong kong) without internet access, block chain has limitations on accessing from more than one country..im sure you understand our difficulty

We do not have 500 TH of chips out of nowhere, we said that we will setup block labeling as soon as we reach that speed, which could be on the first days of january, so in "about" two weeks, or mid july

We want to mention that we have received interview requests from several well know parties, FOX news being the most prominent  and late progress with our 14nm design lead us to believe we will deploy 200-300 PH within 2012

We do believe in what we are doing and we will continue with the usual energy and dedication.
Again, advice for those who are holding is to wait until 30/13/2013 to take any final decision, those interested in acquiringshares should just take advantage of the current cheap prices.

You killed me 

i... what.... dont even

[somestranger]

https://bitcointalk.org/index.php?topic=263445.msg2814423#msg2814423

Not that picture, this one:



Where is the above image taken from because I can't see it on Labcoin's website. Someone is asking why the ICs are different. I'm asking if the one shown in the above image even has any relation to Labcoin.

Bro it is on page 1 of this thread! What are you talking about!?

[AngelSky]

[Mabsark]

https://bitcointalk.org/index.php?topic=263445.msg2814423#msg2814423

Not that picture, this one:



Where is the above image taken from because I can't see it on Labcoin's website. Someone is asking why the ICs are different. I'm asking if the one shown in the above image even has any relation to Labcoin.

Bro it is on page 1 of this thread! What are you talking about!?

That's probably why it looked familiar then, even though I couldn't see it on the Labcoin page 

[HuLaN]

We promise pictures of some boards mining will be up for this weekend.

The next update will include a mining address as well. We are confident in fact that the price will raise tenfold in respect to IPO price in reasonable time, and advise anyone until 30/10/2013 to take any final decision.

We are here to stay and everyone who is having doubts will have to change his opinion once we show what we achieved.
Again, we advise anyone to purchase more shares now that they are cheap.

Next proof to be posted will be mining address, clearly showing the rate of blocks creation.
Probably no more pictures as they only do create more confusion.

Some of my favourite labcoin quotes from last 24 hours, I cant see how Labcoin could fail more even if they intentionally tried to. I mean seriously, Labcoin is promoting speculation of their stock? that people should jump in now that the stock is cheap? What company official does that publicly?

[CMMPro]

these are labcoins real revolutionary gen 2 65nm chips..these babys will hash away at a mindblowing
500000GH/S we are using a sea of hashers as in sea of gates approach

We want to reassure all investors that the pictures above are indeed real and the tray shown is loaded with our chips, just wait 6 weeks all will become clear

As said, this is a legitimate operation, and all signs should point at that if you ask your common sense.
Our initial board design is quite rough while very functional, and pictures will be posted rather soon.

We promise pictures of some boards mining will be up for this weekend.

we kept this promise so you can surely trust us, what is a few months to wait?

Holy shit you have 500TH/s of chips !? Where do I send my bitcoins?

Is this a released photo or someone just screwing around?

Why did someone acetone the logo's off of those chips?
(I've done this before to obscure what chips I'm using in my designs.)

[Mabsark]

these are labcoins real revolutionary gen 2 65nm chips..these babys will hash away at a mindblowing
500000GH/S we are using a sea of hashers as in sea of gates approach

We want to reassure all investors that the pictures above are indeed real and the tray shown is loaded with our chips, just wait 6 weeks all will become clear

As said, this is a legitimate operation, and all signs should point at that if you ask your common sense.
Our initial board design is quite rough while very functional, and pictures will be posted rather soon.

We promise pictures of some boards mining will be up for this weekend.

we kept this promise so you can surely trust us, what is a few months to wait?

Holy shit you have 500TH/s of chips !? Where do I send my bitcoins?

Is this a released photo or someone just screwing around?

Why did someone acetone the logo's off of those chips?
(I've done this before to obscure what chips I'm using in my designs.)

It's just someone screwing around.

[jimmothy]

these are labcoins real revolutionary gen 2 65nm chips..these babys will hash away at a mindblowing
500000GH/S we are using a sea of hashers as in sea of gates approach

We want to reassure all investors that the pictures above are indeed real and the tray shown is loaded with our chips, just wait 6 weeks all will become clear

You can tell they are hashing quite well by the amount of chips missing. I would estimate at least 2 PH/s.

In all seriousness I can't help but think this panic was caused intentionally.

[Mabsark]

these are labcoins real revolutionary gen 2 65nm chips..these babys will hash away at a mindblowing
500000GH/S we are using a sea of hashers as in sea of gates approach

We want to reassure all investors that the pictures above are indeed real and the tray shown is loaded with our chips, just wait 6 weeks all will become clear

You can tell they are hashing quite well by the amount of chips missing. I would estimate at least 2 PH/s.

In all seriousness I can't help but think this panic was caused intentionally.

Nah, they were clearly delivered exactly as pictured. All 11 chips.

[dexX7]

This picture is not from Labcoin.

In all seriousness I can't help but think this panic was caused intentionally.

Yes and no. Labcoin is not 100 % consistent which was the initial spark that triggert the recent sell-off. But since then it was fueled by more than 1000 posts of less than 15 users. (estimated)

I for one am sure that they are real and the update/pictures from yesterday showed that they are working on it. You can argue about the price, you can argue about the timeline and you can argue about the PR style, that's personal risk each one has to take for himself.

[somestranger]

This picture is not from Labcoin.

In all seriousness I can't help but think this panic was caused intentionally.

Yes and no. Labcoin is not 100 % consistent which was the initial spark that triggert the recent sell-off. But since then it was fueled by more than 1000 posts of less than 15 users. (estimated)

I for one am sure that they are real and the update/pictures from yesterday showed that they are working on it. You can argue about the price, you can argue about the timeline and you can argue about the PR style, that's personal risk each one has to take for himself.

The boards they showed don't even have traces for the chips. How do you explain that?