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

[TMAN]

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.

Thanks LC, take it the teething issues are resolved. An dea what rate you are hashing at?

[merv77]

Thanks Labcoin, Sam whoever you are..

keep on going and don't be put off by the FUD here.

[afrotec]

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.

Can we expect divs on tuesday as promised?

Also, if yes, why not post it before dividends are issued?

[tucenaber]

That's a start, but when are you going to provide a detailed status report?

[drawingthesun]

Thanks Labcoin, Sam whoever you are..

keep on going and don't be put off by the FUD here.

Right, I think Labcoin's posts encourage FUD. (And they know it)

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.

Thanks LC, take it the teething issues are resolved. An dea what rate you are hashing at?

Thanks? This response is ok for you? If the "teething issues are resolved" then why not post an address right now?

That's a start, but when are you going to provide a detailed status report?

This is a typical vague Labcoin post that will allow FUD and give doubt. I think a status report is less important than a mining address that will allow for verification of Labcoin's wild claims.

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.

Can we expect divs on tuesday as promised?

Also, if yes, why not post it before dividends are issued?

Why not post it right now?

[dexX7]

Right, I think Labcoin's posts encourage FUD. (And they know it)

I disagree. The statements are somewhat neutral, it's the people who turn this into drama, either because they want to or because their expectations weren't met.

Edit:
labcoin, here is a suggestion for improved communication: it would be nice, if you could address "what you are doing right now", instead of "what are you going to do" in the future.

[Zakryze]

can i has a pic of a full assembled miner for christmas please, labcoin?
Shit is getting worse by the minute. They are trying to fool you and fail and come up with the next make up.
Ofc they already got your cash but that doesnt prevent them from trying to use their own shares to make even more money of this.
Trade with high caution!
We really need burnside to make a statement on the shares of the company. Maybe they just moved them out to another account, sold them in high times, flopped a news, bought back in etc. to generate even more cash. This is a farce.

Who the F* are you? they need to answer to? FUD alert! Again and again, new accounts online!

sissyboy who the F* are you that YOU feel adressed? step out of my sun with your bitching...
did i step on ur small ego?
did you check the trades lately? am i not allowed to ask questions? cry a little bit harder because i had no need to register earlier. you are so good because your account is older than mine... every account here matures by itself and registering early makes you god right? can i has an autograph please? will you blow me if i buy an older account than yours on bitmit?

[HuLaN]

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.

Hmm.. more promises?  What happened with this promise?  

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

[Bitcycle]

If you're unhappy with this latest statement, feel free to dump your shares.

 

[Multi]

I wonder why some fool sold immediately after the news, he wanted to spank again the price down?

[limbaugh]

If you're unhappy with this latest statement, feel free to dump your shares.

 

I pulled my asks. How many times am I going to fall for this. LOL

[Bitcycle]

My guess, and it is only a GUESS since they don't say much...

They screwed something up with the board design and it's not stable. Overheats or something. So they can run in bursts, but sustained operations burn out.

In true subcontractor fashion, they're terrified to admit they screwed up, so they tell us everything is fine while they scramble to fix it. That's the mindset of an employee, and they're still stuck in it.

Now they think they have things at least kind of working, and their plan is to post a mining address as soon as they've solved a block. So they can point to a success and feel good.


Again, just guessing, but that's my attempt to make sense of this mess.

I'd much much rather they just told us the facts, but they are clearly not capable of that with their current mindset.

[JohnyBigs]

It's funny I just had a dream about this today in the morning before I woke up. I woke up and found LabCoin trading at .2 Bids and .5 Asks, because they started releasing alot of news. Releasing the mining address is going to be great.

[alphaking]

It's funny I just had a dream about this today in the morning before I woke up. I woke up and found LabCoin trading at .2 Bids and .5 Asks, because they started releasing alot of news. Releasing the mining address is going to be great.

It's a dream.

[limbaugh]

Whew, glad I pulled my asks, looks like a significant spike is incoming.

[Bitcycle]

Whew, glad I pulled my asks, looks like a significant spike is incoming.

Yeah, it looks like it.  I was curious what would happen when we hit the big asks above 0.0023, but it's kept right on sailing up.

[FloatesMcgoates]

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.

Well if everything actually turns out legit then I wouldn't doubt if the price went back to .0035 levels from before the scam scare

[Bitcycle]

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.

Well if everything actually turns out legit then I wouldn't doubt if the price went back to .0035 levels from before the scam scare

Oh, at least.

If everything is legit.

And they actually deliver what they promise this time.

It'll at least go to where it was, if not higher.

[Bitcycle]

Waiting for some doofus to dump instead of placing asks.  There's always one idiot.

[dexX7]

It'll at least go to where it was, if not higher.

Don't be so shy. If it works out, we are from a fundamental point of view way ahead of where we were last week and last week was almost 2x of where we are now.