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KS
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September 29, 2013, 02:33:19 PM |
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What do you think is unethical? Buying LC or flipping shares (any shares)?
Buying into scams.  |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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velacreations
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September 29, 2013, 02:33:39 PM |
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If Labcoin is a failure, I make a little profit, if Labcoin is a success, I make a lot of profit.
so, basically, you're just looking for a bigger fool at this point, right? |
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BitThink
Legendary
 Offline
Activity: 882
Merit: 1000
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September 29, 2013, 02:34:39 PM |
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Bye, labcoin. Just leave 3k shares for me to remember this painful but fun experience. I gave up, not because I think it is completely a scam, but I finally have to admit there's not so much up side. Most likely, they just have 20 TH under performed chips, and it will be very lucky they finally get 6-8 Th stable hashing rate. There's almost no chance for them to get 65nm done, considering they don't have technical advantage at all. There's no any reason to further order the 130nm chips at all due to the stability issue.
Even there's a chat tomorrow, there will be no news at all. I believe what they have said, that's actually worse than if they are scammer. If this is scam, maybe we still have a chance to get refund. Now, I think they will just waste all fund in that unstable chips and hopeless 65nm project.
Bye, my fellow bag holders. I am sorry to leave, but I really don't have enough time and energy to stay. Best wish to you all (to my last 3k shares too:))
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velacreations
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September 29, 2013, 02:34:44 PM |
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people need to warned about dhenson, johnybigs and mabsark.
^^^ this |
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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September 29, 2013, 02:36:27 PM |
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If Labcoin is a failure, I make a little profit, if Labcoin is a success, I make a lot of profit.
This is a lot of effort in this thread for 10,000 shares Mabsark. I had 94,000 and probably post in the Labcoin thread far less than you. Anyway. You are gambling, you might as well take your coins over to Just-Dice and roll some numbers. |
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AngelSky
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September 29, 2013, 02:36:46 PM |
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A company is supposed to bring something (a product) to the table, make money with it and pay dividends to shareholders (that took the risks).
What is happening now ?
1) Labcoin is not going to be listed on BF. Good luck with your untradable shares. Today Labcoin valuation is based on the fact that people are able to make a quick flips, nothing else.
2) Where is the "growing" hashrate? As I can remember, I was told that everyday the hashrate would increase. All I can see is... the opposite.
3) Another annoucement of annoucement for the 15th October? It's a dream.. (nightmare for shareholders). Nothing until then, this is just the biggest joke ever.
4) "Some amounts of shares were used as payouts for team members, including theSwede". Some = how much money was spent in Rolex/Cars/Hilton with shareholders money? Where is your product? Why don't you want to publish a spreadsheet? Why 2 months was not enough time for you to give to burnside the accounts? Nothing to hide? Scam is a small word, trust me.
5) "We took the decision to outsource the troubleshooting and final touches of the mining boards to an external party". They decided to outsource everything because they have absolutely no clue of what they are doing.
So now, how should we rename this "company" ?
- Toxicoin
- Scamcoin
- Blahblahcoin
Vote is open.
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velacreations
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September 29, 2013, 02:38:00 PM |
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So now, how should we rename this "company" ?
- Toxicoin
- Scamcoin
- Blahblahcoin
Vote is open.
I've been fond of Labcon, myself. But, Scamcoin has a certain ring to it. |
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BitThink
Legendary
Offline
Activity: 882
Merit: 1000
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September 29, 2013, 02:38:12 PM |
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They actually have around 630g hashing. So there's more coins than 0.05 per hour. Therefore, there are manual payments from time to time. |
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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September 29, 2013, 02:38:50 PM |
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He thinks Active mining is a scam even though its just a poorly timed and poorly run company.
 I think it's a guaranteed loss for shareholders, and I have proved this is what I really believe. Which is a scam: it's scamming investors knowingly. Scam doesn't mean "nothing exists". It means robbing people of their money by being dishonest. Scammers are going to be more and more sophisticated. Get used to it. You mean some of the pumpers like Bar are scamming people into buying shares? Thats not Kens fault is it? Also you haven't proved anything with a bitbet. Most people aren't interested in playing your games and I still think the profit will come, just later than your proposition. To think a bet has proven something... Thats almost like a scam right? |
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Bargraphics
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September 29, 2013, 02:41:19 PM |
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He thinks Active mining is a scam even though its just a poorly timed and poorly run company.
I think it's a guaranteed loss for shareholders, and I have proved this is what I really believe. Which is a scam: it's scamming investors knowingly. Scam doesn't mean "nothing exists". It means robbing people of their money by being dishonest. Scammers are going to be more and more sophisticated. Get used to it. You mean some of the pumpers like Bar are scamming people into buying shares? Thats not Kens fault is it? How does someone "scam" someone else into buying shares? I'm very interested in this upside down australian logic. |
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Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
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September 29, 2013, 02:42:09 PM |
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I love how Mabsark is still defending them. Add that to the list of people that deserve to be bagholders:
Mabsark
dhenson
JohnyBigs
These people should be on ignore, folks. They were defending these scammers right until a few days ago. They encouraged people to invest, all the way down...
If anyone has lost money on this that's their own problem, nobody else's. We all have the same information. There's no proof of it being a scam so far, no matter what you guys keep claiming. When push comes to shove, all you do is provide FUD instead of evidence to back up your claims. That's because you don't have any actual evidence. I've already made a profit from Labcoin, reinvested it into AM on BitFunder and still have 10,000 shares to trade. Hopefully I can acquire 100,000 shares before trading ends on BTC-TC.  |
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AngelSky
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September 29, 2013, 02:44:38 PM |
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I love how Mabsark is still defending them. Add that to the list of people that deserve to be bagholders:
Mabsark
dhenson
JohnyBigs
These people should be on ignore, folks. They were defending these scammers right until a few days ago. They encouraged people to invest, all the way down...
If anyone has lost money on this that's their own problem, nobody else's. We all have the same information. There's no proof of it being a scam so far, no matter what you guys keep claiming. When push comes to shove, all you do is provide FUD instead of evidence to back up your claims. That's because you don't have any actual evidence. I've already made a profit from Labcoin, reinvested it into AM on BitFunder and still have 10,000 shares to trade. Hopefully I can acquire 100,000 shares before trading ends on BTC-TC. You're just a clown playing with small numbers here. You claim in public to be smart, but you are not. Just ask yourself, where this money is comming from. Dumbass. |
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velacreations
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September 29, 2013, 02:45:26 PM |
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There's no proof of it being a scam so far, no matter what you guys keep claiming. substantial evidence has been presented. You know what evidence is missing, here? Evidence to suggest they are NOT a scam. You keep saying they are legit, where's your evidence, Mabsark? When push comes to shove, all you do is provide FUD instead of evidence to back up your claims.
that's funny, cause I was using your own math to show they were overvalued. Guess what? the share price is approaching the fair value I posted. |
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Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
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September 29, 2013, 02:46:01 PM |
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If Labcoin is a failure, I make a little profit, if Labcoin is a success, I make a lot of profit.
so, basically, you're just looking for a bigger fool at this point, right? People make profit from buying and selling at all different prices. You may think they're the fool, but they're the one laughing at you while you stand there and watch them profit from trading. That's why you're so bitter. |
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velacreations
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September 29, 2013, 02:46:16 PM |
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I've already made a profit from Labcoin
this is all anyone needs to know about Mabsark. When he was telling you guys to hold, he was selling. |
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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September 29, 2013, 02:47:59 PM |
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How does someone "scam" someone else into buying shares?
I'm very interested in this upside down australian logic.
In your case, I heard that you pepper reddit and bitcointalk with overly optimistic Active Mining posts. At best we will get our ROI out of this and unfortunately I don't think Active will become the next ASICMINER. Overly pumping a stock by working the forums is scam behaviour isn't it? Especially if you decided to dump on the new buyers. |
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velacreations
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September 29, 2013, 02:48:28 PM |
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People make profit from buying and selling at all different prices.
and a lot of other people lose money because you are encouraging them to buy your toxic shares. Don't try and act noble by sitting there telling people to hold while you are selling. No one should trust anything you say, mainly because you admit to manipulating the market to your own advantage. |
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Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
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September 29, 2013, 02:50:20 PM |
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I love how Mabsark is still defending them. Add that to the list of people that deserve to be bagholders:
Mabsark
dhenson
JohnyBigs
These people should be on ignore, folks. They were defending these scammers right until a few days ago. They encouraged people to invest, all the way down...
If anyone has lost money on this that's their own problem, nobody else's. We all have the same information. There's no proof of it being a scam so far, no matter what you guys keep claiming. When push comes to shove, all you do is provide FUD instead of evidence to back up your claims. That's because you don't have any actual evidence. I've already made a profit from Labcoin, reinvested it into AM on BitFunder and still have 10,000 shares to trade. Hopefully I can acquire 100,000 shares before trading ends on BTC-TC. You're just a clown playing with small numbers here. You claim in public to be smart, but you are not. Just ask yourself, where this money is comming from. Dumbass. The money is most likely coming from other people doing the same thing. |
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dwdoc
Legendary
Offline
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
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September 29, 2013, 02:50:28 PM |
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Correctly me if I'm wrong but even at just 2.1btc per day (assuming it could be sustained) and share price of ~.0003 doesn't this equate to an annual dividend yield of ~30%. Somebody please check my math!  |
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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September 29, 2013, 02:52:04 PM |
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Correctly me if I'm wrong but even at just 2.1btc per day (assuming it could be sustained) and share price of ~.0003 doesn't this equate to an annual dividend yield of ~30%. Somebody please check my math! At the moment hash rate is stable whilst network increases over 40% a month. This is why Labcoin is dropping dead. They need to add more hash power, a lot more. |
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