bobboooiie
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October 12, 2013, 11:24:12 PM |
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If Labcoin doesn't control the wallets, how are the contractors being paid for fixing the overheating problem?
How will developers for phase 2 be paid?
He didnt say "labcoin" doesnt control it, he said HE (sam?) doesnt.
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Bitcycle
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October 12, 2013, 11:27:24 PM |
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If Labcoin doesn't control the wallets, how are the contractors being paid for fixing the overheating problem?
How will developers for phase 2 be paid?
He didnt say "labcoin" doesnt control it, he said HE (sam?) doesnt. He says he's labcoin, that there is no one other than Sam.
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jeffhuys
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October 12, 2013, 11:47:40 PM |
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Alright, one question. Since the announcement of the death of BTCT, I didn't do anything. All my shares are currently still on BTCT. What do I need to do to ensure I'll still have all of my shares of Labcoin when BTCT dies?
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physalis
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October 13, 2013, 12:15:40 AM |
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Lol, this thread is still alive.
Props "labcoin" for still posting. I'm not even seeing the angle anymore, is it really still worth milking this? Or do you just want to get the page count to 1000 for lulz?
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superduh
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October 13, 2013, 12:26:30 AM |
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i guess we should start seeing results... this week?
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ok
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ewibit
Legendary
Offline
Activity: 2955
Merit: 1050
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October 13, 2013, 01:11:54 AM |
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If we aren't told who has control of Labcoin wallets, I feel we have to contact the various exchanges and make them aware of that situation.
This company should not be listed anywhere until the identity of the people controlling the existing funds is firmly established.
This is by far the most pressing issue, and it must be resolved immediately.
Burnside of course has the address the funds were sent to. He should make this information public. The funds are not in control of the company, this is an emergency situation.
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pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
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October 13, 2013, 01:19:33 AM |
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To the moon!
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SOSLOVE868
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October 13, 2013, 01:26:05 AM |
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To the moon!
No ,should be to the Mars.....
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BitSugar
Newbie
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Activity: 53
Merit: 0
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October 13, 2013, 01:26:27 AM |
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If we aren't told who has control of Labcoin wallets, I feel we have to contact the various exchanges and make them aware of that situation.
This company should not be listed anywhere until the identity of the people controlling the existing funds is firmly established.
This is by far the most pressing issue, and it must be resolved immediately.
Burnside of course has the address the funds were sent to. He should make this information public. The funds are not in control of the company, this is an emergency situation.
There is no requirement that the people behind a bitcoin business must be publicly known. You already know of at least 2 of them. 1 of them left. All of these trolls seem like they work for a competitor of Labcoin. My main concern is that Labcoin needs to verify that they have the shareholders list ready for continued off-exchange dividends & for transferring to a new exchange.
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SOSLOVE868
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October 13, 2013, 01:29:27 AM |
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I am sincerely suggest that LABCOIN to buy the code of BTCT ,and to run a exchange ...since those people are seems miraculous and they look like someone can ignoring any government rules....
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pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
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October 13, 2013, 01:50:00 AM |
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I am sincerely suggest that LABCOIN to buy the code of BTCT ,and to run a exchange ...since those people are seems miraculous and they look like someone can ignoring any government rules....
Haha, true!
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dwdoc
Legendary
Offline
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
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October 13, 2013, 01:57:16 AM |
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To the moon!
No ,should be to the Mars..... Uranus.
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SOSLOVE868
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October 13, 2013, 02:02:41 AM |
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To the moon!
No ,should be to the Mars..... Uranus. To the out of galaxy .....
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Ytterbium
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October 13, 2013, 02:13:20 AM |
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I see theseven sees the light.
He's not an investor. He was paid to work on the 65nm chip design, and he had been paid on time. Obviously a scam company can still pay real people real money to do real work.
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claycoins
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October 13, 2013, 02:36:43 AM |
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thanks for some info at least
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Ytterbium
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October 13, 2013, 02:49:49 AM |
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Alright, one question. Since the announcement of the death of BTCT, I didn't do anything. All my shares are currently still on BTCT. What do I need to do to ensure I'll still have all of my shares of Labcoin when BTCT dies?
If you go under 'my account' there should be a 'Public BTC Address' associated with your account. Issuers are supposed to have access to shareholder lists, and that should include those addresses to get dividends.
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VolanicEruptor
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October 13, 2013, 05:42:57 AM |
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October 13 Update
Monday we will start deploying the first batch of finalized hardware, amounting to 10 TH/S. According to our estimations, we will reach 3 TH/s on monday, and about 5 TH/s within Saturday. Within Saturday 19, full hashing speed of the first batch will be deployed. We will receive more batches of hardware in the following weeks and deploy it accordingly.
This week dividends deposit on btct.co has been "confiscated" by Burnside, thus we were unable to push it to shareholders. Given recent developments at bitfunder we are again looking for a platform to move our shares.
Someone should start a bet..
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alphaking
Member
Offline
Activity: 98
Merit: 10
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October 13, 2013, 06:07:09 AM |
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October 13 Update
Monday we will start deploying the first batch of finalized hardware, amounting to 10 TH/S. According to our estimations, we will reach 3 TH/s on monday, and about 5 TH/s within Saturday. Within Saturday 19, full hashing speed of the first batch will be deployed. We will receive more batches of hardware in the following weeks and deploy it accordingly.
This week dividends deposit on btct.co has been "confiscated" by Burnside, thus we were unable to push it to shareholders. Given recent developments at bitfunder we are again looking for a platform to move our shares.
Deadline again. hmm
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Zubilica
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October 13, 2013, 08:47:50 AM |
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back to production ?
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julz
Legendary
Offline
Activity: 1092
Merit: 1001
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October 13, 2013, 09:27:13 AM |
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-H.Z. Wang has verified to us that Labcoin never took receipt of his finished chip design. Who's gear are you hashing with?
- Someone else completed his work. We are hashing with our own gear. "Completed". Aha. That implies that you actually got any results of his work, which he says you didn't. If you did, please also pay him appropriately. 10btc is a joke. -Why has 65nm development been suspended?
- Resources are used according to priorities. Development will restart next week. So who's going to do this? Are you still counting on me to do any work for you? -Why do you refuse to properly identify (video skype) yourself? Video chat with TheSeven right now. Prove you are who you say you are.
- My identity will be proven upon a meeting with someone nominated as a community representative when we open our mining facility. Why do you refuse to even tell people who's actually involved with the project, and what your real identity is? That is something that you should really publish here ASAP. Your answer suggests that you're just trying to buy more time before people figure out who you really are. (Alberto?) -What's the fund address? Show us the money.
- I need to shuffle funds located in different wallets for which i don't have control now. Whatever that means... -We're down to 10TH now?! What happened to 50?
- We are not down to 10 TH, this is the first batch total hashing power. You previously said that you're going to deploy 20 TH/s by the 15th. That's now down to 3 TH/s in your previous announcement. Also, I hereby publicly request that you take down any web site or shareholder information that mentions my name. I already asked you to do that privately weeks ago, but you just ignored it. Please remember that you never had my consent to abuse my name and reputation in such a way. Weeks ago eh. Would have been nice to have seen a public statement from you on this. Sadly your name had been used to bring credibility to this project - and I think your apparent silence means some stain has rubbed off on you. Perhaps I missed something from you in the ridiculous number of pages in this thread.. but I don't see any statements from you in your post history.
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@electricwings BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
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