LABCOIN Speculation Thread

[Anotheranonlol]

quick sumarry, for those short on time

• 'sam' due for update, does not show up, again
• spokesperson demonstrates they've lied about having about previous hash-rate, and instead shows equivalent of 2x bitfury
  
• Labcoin still refuse to co-operate with owner of exchange (over 1 month they have ignored.)

shareprice doubles on these revelations

[Lohoris]

So... was it a scam, or just incompetence?
Or is it still unclear?

[E.Sam]

So... was it a scam, or just incompetence?
Or is it still unclear?

If it's not a scam, it is very badly managed with he worst communication skills in BTC securities history.
<User Labcoin is offline at bitcointalk.org, last seen 10 days, 1 hour ago>

There is a group on IRC made of around 16 shareholders [LCSH] who are taking steps to track down Samuel Noi (or/and Fabrizio & Alissia) in case communication is not reestablished.

In the last QA, "Sam" said they would have the remaining chips up and hashing by the 15th:
[16:04] <+labcoin__> (...) At this point the project won't fail, we will be receiving the complete hardware before 15 October.
That was on the SEP 30TH, 2013 (ref: http://pastebin.com/RSa1JPvM)

If this deadline is not met, then it's most probably a scam. Some will take the legal avenue, while more shabby investors will probably take the law in their own hands. What is certain is that many angry people will track them down.

[Lohoris]

are taking steps to track down Samuel Noi (or/and Fabrizio & Alissia) in case communication is not reestablished.

This fabrizio?
http://cn.linkedin.com/in/fabriziotatti
https://www.facebook.com/fabrizio.tatti

more shabby investors will probably take the law in their own hands. What is certain is that many angry people will track them down.

Yeah, just like with pirate40.

[E.Sam]

are taking steps to track down Samuel Noi (or/and Fabrizio & Alissia) in case communication is not reestablished.

This fabrizio?
http://cn.linkedin.com/in/fabriziotatti
https://www.facebook.com/fabrizio.tatti

Yup

[GreenBits]

he's online. and feeling chatty apparently.

i figured this was a closed issue. watching this intently.

Green

edit: redditsphere is aware. dimly.

http://www.reddit.com/r/BitcoinStocks/comments/1obg9j/sam_noi_finally_emerges_labcoin_announces_planned/

[Silverspoon]

The price on this will run higher than what people are expecting... it's just so cheap to begin with.  Even if people sell at .002 it's cheap.  This is even more of a speculators dream than active mining.