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

[BitThink]

UPDATE
Hashing rate will be visible again on the pool in about one hour, we are having again stability issue, working on that.  
Regarding the share transfer, we are still waiting for a final reply from Bitfunder.
Again,we remind everyone that we will bring online about 20 TH within October.

How do you know it will be back in an hour when you are still working on it? Without your reminding, I remember 20TH should be online by 6 Oct, not within Oct. how can people trust your next promise when you just break a promise without any explanation?

[1714011383]

1714011383

[1714011383]

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[1714011383]

1714011383

[Bitcycle]

So 20 TH/s in October and then 500 TH/s by the end of the year?


RRIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIGGGGGGGGGGGHHHHHHHHHT.

Ukyo, I hate to say it since I still hold some shares in Labcoin, but you should not take this company on your exchange until they give a full accounting of their present situation.

[Ytterbium]

UPDATE
Hashing rate will be visible again on the pool in about one hour, we are having again stability issue, working on that.  
Regarding the share transfer, we are still waiting for a final reply from Bitfunder.
Again,we remind everyone that we will bring online about 20 TH within October.

Let's see how much they miss it by

[runam0k]

UPDATE
Hashing rate will be visible again on the pool in about one hour, we are having again stability issue, working on that.  
Regarding the share transfer, we are still waiting for a final reply from Bitfunder.
Again,we remind everyone that we will bring online about 20 TH within October.

Let's see how much they miss it by

"about one hour" does not a massive clock justify.

[cix888]

UPDATE
Hashing rate will be visible again on the pool in about one hour, we are having again stability issue, working on that.  
Regarding the share transfer, we are still waiting for a final reply from Bitfunder.
Again,we remind everyone that we will bring online about 20 TH within October.

How do you know it will be back in an hour when you are still working on it? Without your reminding, I remember 20TH should be online by 6 Oct, not within Oct. how can people trust your next promise when you just break a promise without any explanation?

"we are having again stability issue, working on that."

[kleeck]

UPDATE
Again,we remind everyone that we will bring online about 20 TH within October.

We've been given a similar, but not identical, time table on two different occasions. Just to be clear, does "within October" mean the 3rd or the 5th? See below for clarification.

UPDATE:

Even though I don't like making promises but Sam has assured me that 20TH is a goal that will not be missed within 2 weeks.

2 weeks = 14 days
14 days from Sept. 21 = October 5th.

...hash rate will be brought online as per the schedule posted.

Within 20 day, 20th+
Month of Oct 50TH
Month of Nov 100TH+
End of year 500TH

...

Sept. 13 + 20 days = October 3rd.

Please advise!

[AngelSky]

When will the 10T be reached? Next month???

We estimate in about 2 weeks.

In about 2 weeks.

Cheap shares.

[onecent]

UPDATE
Again,we remind everyone that we will bring online about 20 TH within October.

We've been given a similar, but not identical, time table on two different occasions. Just to be clear, does "within October" mean the 3rd or the 5th? See below for clarification.

UPDATE:

Even though I don't like making promises but Sam has assured me that 20TH is a goal that will not be missed within 2 weeks.

2 weeks = 14 days
14 days from Sept. 21 = October 5th.

...hash rate will be brought online as per the schedule posted.

Within 20 day, 20th+
Month of Oct 50TH
Month of Nov 100TH+
End of year 500TH

...

Sept. 13 + 20 days = October 3rd.

Please advise!

^^^THIS

[BitThink]

A gentle reminder to all the sellers: someone have bought a lot shares when you sell or put low ask orders. Please don't be emotional. Selling at low price does not punish those labcoin guys, it just hurts yourself. Do something only after you calm down. If there's a really final selling, there will be no one posting here.

[abuelau]

UPDATE
Again,we remind everyone that we will bring online about 20 TH within October.

We've been given a similar, but not identical, time table on two different occasions. Just to be clear, does "within October" mean the 3rd or the 5th? See below for clarification.

UPDATE:

Even though I don't like making promises but Sam has assured me that 20TH is a goal that will not be missed within 2 weeks.

2 weeks = 14 days
14 days from Sept. 21 = October 5th.

...hash rate will be brought online as per the schedule posted.

Within 20 day, 20th+
Month of Oct 50TH
Month of Nov 100TH+
End of year 500TH

...

Sept. 13 + 20 days = October 3rd.

Please advise!

^^^THIS

At least they are consistent in saying that the 20TH/s will come online around the 3rd/5th of October.

[Pompobit]

At least they are consistent in saying that the 20TH/s will come online around the 3rd/5th of October.

I don't know but "within October" sounds like "before 31 October"

[Ytterbium]

UPDATE
Hashing rate will be visible again on the pool in about one hour, we are having again stability issue, working on that.  
Regarding the share transfer, we are still waiting for a final reply from Bitfunder.
Again,we remind everyone that we will bring online about 20 TH within October.

Let's see how much they miss it by

"about one hour" does not a massive clock justify.

Maybe if they told us what exactly was going on we'd have a better understanding of what "about an hour" is supposed to mean.

[Bitcycle]

At least they are consistent in saying that the 20TH/s will come online around the 3rd/5th of October.

I don't know but "within October" sounds like "before 31 October"

In  what timezone?  Mars Sidereal Time?

[physalis]

Maybe they'll be able to beat team "labcoin liars" or team "MoreThanLabcoin" on BTCGuild now.
I'm guessing... no

[ltiv]

So...does it mean we won't have 20TH within two weeks?

Two weeks would mean it'll be October already, there's a possibility that they'll be able to hit 20TH within two weeks however, that possibility will be slim given their record.

Please keep quite if you know nothing about what happened, or you can just read all the posts from TheSwede and labcoin before talking. Just a gentle reminder for your good. You really don't know what happened.

If you look closely, I assure you. I said, the possibility will be slim. For a fact, I do know what's happening, and look what I say are based on how I see things, these can conflict with the majority for all I care. I've been following posts from TheSwede and labcoin, they've made promises in the past, they've broken promises in the past - that's nothing new. The recent update is just a re-assurance they're working on something as we speak, all I did was state the possibility of the hashing being able to hit 20TH is slim (just incase - slim refers to 'poor or inferior' according to dictionary.com). Surely, that makes sense, right? Nothing is impossible, the possibility of achieving a goal depends on the amount of effort you put into it, as low as it may be - atleast it's there.

[BitThink]

However much you hate labcoin, don't be emotional and just give away cheap shares to others. If you see a dump and nobody posting here, that's the real end. If you see suddenly so many people come here, most likely some of them are just waiting for cheap shares. I am not blaming them (I may put some bids if I had more BTC ). I just don't want to take advantage of people who don't know what they are doing.

[E.Sam]

At least they are consistent in saying that the 20TH/s will come online around the 3rd/5th of October.

I don't know but "within October" sounds like "before 31 October"

In  what timezone?  Mars Sidereal Time?

I agree, "within October" to me means "sometime before the end of October". But that could be a linguistic mistake on sam's part.

[BitThink]

So...does it mean we won't have 20TH within two weeks?

Two weeks would mean it'll be October already, there's a possibility that they'll be able to hit 20TH within two weeks however, that possibility will be slim given their record.

Please keep quite if you know nothing about what happened, or you can just read all the posts from TheSwede and labcoin before talking. Just a gentle reminder for your good. You really don't know what happened.

If you look closely, I assure you. I said, the possibility will be slim. For a fact, I do know what's happening, and look what I say are based on how I see things, these can conflict with the majority for all I care. I've been following posts from TheSwede and labcoin, they've made promises in the past, they've broken promises in the past - that's nothing new. The recent update is just a re-assurance they're working on something as we speak, all I did was state the possibility of the hashing being able to hit 20TH is slim (just incase - slim refers to 'poor or inferior' according to dictionary.com). Surely, that makes sense, right? Nothing is impossible, the possibility of achieving a goal depends on the amount of effort you put into it, as low as it may be - atleast it's there.

Yes, my bad. Actually I've already deleted my post after I realized my overlooking.

[ltiv]

So...does it mean we won't have 20TH within two weeks?

Two weeks would mean it'll be October already, there's a possibility that they'll be able to hit 20TH within two weeks however, that possibility will be slim given their record.

Please keep quite if you know nothing about what happened, or you can just read all the posts from TheSwede and labcoin before talking. Just a gentle reminder for your good. You really don't know what happened.

If you look closely, I assure you. I said, the possibility will be slim. For a fact, I do know what's happening, and look what I say are based on how I see things, these can conflict with the majority for all I care. I've been following posts from TheSwede and labcoin, they've made promises in the past, they've broken promises in the past - that's nothing new. The recent update is just a re-assurance they're working on something as we speak, all I did was state the possibility of the hashing being able to hit 20TH is slim (just incase - slim refers to 'poor or inferior' according to dictionary.com). Surely, that makes sense, right? Nothing is impossible, the possibility of achieving a goal depends on the amount of effort you put into it, as low as it may be - atleast it's there.

Yes, my bad. Actually I've already deleted my post after I realized my overlooking.

No worries .

[Ytterbium]

OMG!!! 4 minutes guys buy shares now we'll all be rich!

lol