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

[Mabsark]

Mabsark's logic:

Look at this picture though. Notice how some of the chips are missing?



The obvious reason for those chips being missing is because they are being mined with.

It's funny the way none of the FUD-spreaders can come up with a logical argument against this.

Yeah, what was I thinking? It's clearly ridiculous to suggest that the obvious reason for chips being missing is because they had been used for their intended purpose. They surely just threw those chips away for no reason.

/sarcasm (for all the mentally challenged people in this thread)

You still think those trays are delivered always completely occupied with chips, don't you?

I've no idea. I think it more likely that the trays would be full though.

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[KS]

Mabsark's logic:

Look at this picture though. Notice how some of the chips are missing?



The obvious reason for those chips being missing is because they are being mined with.

It's funny the way none of the FUD-spreaders can come up with a logical argument against this.

Yeah, what was I thinking? It's clearly ridiculous to suggest that the obvious reason for chips being missing is because they had been used for their intended purpose. They surely just threw those chips away for no reason.

/sarcasm (for all the mentally challenged people in this thread)

You still think those trays are delivered always completely occupied with chips, don't you?

I've no idea. I think it more likely that the trays would be full though.

Depends how many chips you ordered. I don't suppose they make custom trays too (except the "cut with scissors" type), so it's very possible for the trays to not be full.

[rainforst001]

https://i.imgur.com/rbnK68T.png

[ssshhh]

I hope this "is" a coincidence...


https://www.kncminer.com/news/news-37

Just a couple of quick updates from us at KnCMiner.
The big news is that all the production orders that are due for delivery before October 15th have now been confirmed with the factory for final assembly and our production schedule is now locked. As such, we are not able to make any more changes.
Over the past few days everyone who has requested shipment via UPS have had their address details confirmed and altered where needed. We still have many customers who have provided incorrect VAT details and we are contacting everyone affected by this, if you are not a registered company with real VAT number, you will have to pay VAT at the relevant rate.
We know that everyone is keen to see more photos and videos of the products and production so we will be releasing our launch video in the coming days. Look out for more news as it happens!

Cheers for this, very good news

wrong thread?

29 September update
We took the decision to outsource the troubleshooting and final touches of the mining boards to an external party. Delivery of the finalized hardware will take place before 15 October.

As I questioned, coincidence?

That is a coincidence........ but NO, KNC has nothing to do with Labcoin

Edit - i got it now

I know KNC has nothing to do with Labcoin.  However, most of the "deadlines" to action have related to nothing!
Now we get 15 October 2013.  The same day that KNC's batch of miners are due to have completed delivery.

The only way for Labcoin to redeem themselves is proof that they have "actually" designed and have been manufacturing something.
Not just mining with "whatever" hardware that can be purchased so that investors get some dividend crumbs.  

EVERYONE that still has shares with the intention of holding should be DEMANDING empirical evidence that actions in accordance with the initial prospectus has
taken place.  Nothing else is acceptable.  IRC chat?  Less words more proof!

[Mabsark]

Mabsark's logic:

Look at this picture though. Notice how some of the chips are missing?



The obvious reason for those chips being missing is because they are being mined with.

It's funny the way none of the FUD-spreaders can come up with a logical argument against this.

Yeah, what was I thinking? It's clearly ridiculous to suggest that the obvious reason for chips being missing is because they had been used for their intended purpose. They surely just threw those chips away for no reason.

/sarcasm (for all the mentally challenged people in this thread)

You still think those trays are delivered always completely occupied with chips, don't you?

I've no idea. I think it more likely that the trays would be full though.

Depends how many chips you ordered. I don't suppose they make custom trays too (except the "cut with scissors" type), so it's very possible for the trays to not be full.

Of course it's possible. Given that the trays only hold 160 chips though and all the sample batches I've heard of have been for a couple of thousand chips, it seems most likely to me that a sample batch would simply consist of n trays, where n is an integer.

[Mabsark]

LIAR! LIAR! PANTS ON  FIRE!

THAT IS YOUR ADDRESS.

[KS]

31 BTC to ATL

[onecent]

What's the exact time of IRC QA?

[ronaldlee0917]

People are selling in anticipation of Labcoin gone missing in the Q&A

[onecent]

What's the exact time of IRC QA?

None has been given.
This is Labcoin, remember.

Yeah, can't agree more

[moribana]

People are selling in anticipation of Labcoin gone missing in the Q&A

People are NOT selling. Actually more buying on ask than selling on bid.

[KS]

People are selling in anticipation of Labcoin gone missing in the Q&A

People are NOT selling. Actually more buying on ask than selling on bid.

You're not looking at the quantities. Sell > buy.

[ronaldlee0917]

People are selling in anticipation of Labcoin gone missing in the Q&A

Really, even if what they say is true, it means that they are so late and so fucked that there is no reason to buy at those prices. And if they're still lying, well...

This is really the last chance for all the bagholders still seeing >10% of IPO price.
If Labcoin being late or absent in the Q&A, price will crash much further without a doubt.

[Mabsark]

People are selling in anticipation of Labcoin gone missing in the Q&A

Really, even if what they say is true, it means that they are so late and so fucked that there is no reason to buy at those prices. And if they're still lying, well...

This is really the last chance for all the bagholders still seeing >10% of IPO price.
If Labcoin being late or absent in the Q&A, price will crash much further without a doubt.

I think the price will drop to around 0.00005 BTC before BTC-TC stops trading. If Labcoin relists on BitFunder, the price will just as quickly rise again.

[Bitcycle]

Pre-Q&A advice:

 No matter how good or bad the responses given by Labcoin, this thread will tear them apart.

When you're reading this thread later, keep in mind that much was predetermined.

[twentyseventy]

People are selling in anticipation of Labcoin gone missing in the Q&A

Really, even if what they say is true, it means that they are so late and so fucked that there is no reason to buy at those prices. And if they're still lying, well...

This is really the last chance for all the bagholders still seeing >10% of IPO price.
If Labcoin being late or absent in the Q&A, price will crash much further without a doubt.

I think the price will drop to around 0.00005 BTC before BTC-TC stops trading. If Labcoin relists on BitFunder, the price will just as quickly rise again.

The price swings here are so massive that I can't afford not to have a few shares. Funny thing is, I now have almost as many shares as I did when I first sold everything on the market at .0025

[abuelau]

So when is Labcoin supposed to tell us when the Q&A is? Is now already "tomorrow"? Or is tomorrow Monday?! 

[Mabsark]

I think the price will drop to around 0.00005 BTC before BTC-TC stops trading. If Labcoin relists on BitFunder, the price will just as quickly rise again.

Your previous predictions turned out wrong.
You're just a scammer trying to pump scams.

Did they? Is it November already? 

[velacreations]

If Labcoin relists on BitFunder, the price will just as quickly rise again.

I doubt people will fall for this same scam again.  Will you be reinvesting, Mabsark?  And at what price did you liquidate your Labcon shares?

Of course, that is assuming Bitfunder will list them...

[moribana]

So when is Labcoin supposed to tell us when the Q&A is? Is now already "tomorrow"? Or is tomorrow Monday?! 

Yes, tomorrow is Monday and today is Sunday. This I can assure you of. Everything else is uncertain...