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Topic: [CRYPTOSTOCKS] Labcoin Official Thread - Self-Moderated - page 24. (Read 96918 times)

full member
Activity: 122
Merit: 100


 $300 per BTC.  Sam's fortune just keeps growing!

And so does the price on his head ...
sr. member
Activity: 420
Merit: 250


 $300 per BTC.  Sam's fortune just keeps growing!
sr. member
Activity: 242
Merit: 250
19BTC build up in dividend wallet, looks like he got caught or ran away.

thats big possibility.

btw if sam is caught, i would like shareholders nominate some one good to take over this business and change the name. maybe theseven should be head Smiley.

i believe public has most shares, so technically us the public can vote on it right?

edit: we should get this business back on feet like a BOSS

edit again: or is sam busy preparing 50th lol or 500th and keeping silent and surprise us
sr. member
Activity: 560
Merit: 250
19BTC build up in dividend wallet, looks like he got caught or ran away.
sr. member
Activity: 242
Merit: 250
do you guys remember when labcoin said, they got offered to be interviewed by TV news ?

well lol
sr. member
Activity: 242
Merit: 250
btw you seem from china, did you try visit/check itec?
sr. member
Activity: 242
Merit: 250
It is already 5 days did not receive any dividend. Labcoin disappreared?

maybe, he not even log here since nov 4th.

still hard to say he ran, miners still on and dividend address gets some nonsense btc

edit: but 1 miner is down like couple hours ago
sr. member
Activity: 448
Merit: 250
It is already 5 days did not receive any dividend. Labcoin disappreared?
sr. member
Activity: 242
Merit: 250
looks like 1 labcoin miner is down, ghash.io.

is sam starting turn off the miner 1 by 1 slowly?
full member
Activity: 223
Merit: 100
Is virtualspade your alter ego?! you signed up past the "ipo" date
so are you a late "investor" - not to sound skeptical but just hope you're not "sam noi"

I missed the IPO price with 10 min because of Labcoin utter incompetence to handel things the right way like having correct information available. The time zone mixup and iirc the ipo date was not set properly before it suddenly was set like its "tomorrow" And then the btc-tc wallet bug I'm not blaming Burnside here just Labcoin and the way they handled the IPO so that btc-tc got over loaded.

I diden't see any need to sign up here since the information has always been much better over at the IRC channels. And since I got my first BTC ever for the Labcoin IPO I didn't see any reason to join btctalk before now.

And Sam Noi doesn't exist so no worries there, I'm Virtual Spade for realz.

I remember the IPO and that is true. Labcoin hurried up the whole process. Timezone error, btct.co techinical problems and TheSwede promise of giving 24hrs before ipo beginning should result in postponing the ipo for at least 24 hours. But they decided to go right away and take the money! Now we know why!
They have been scared that somebody uncovers their identity or maybe they needed to pay for those kncminers which part of them we can see hashing. At that time KNC queue was building up fast with delivery dates around 15 OCT. TheSwede was even organizing one of the group buy by himself so I wouldn't be so sure if he wasn't involved with the whole idea of preordering kncminers and telling investors fairy tales about stealth chip development. Is Howard Wang innocent?! Maybe is. Or maybe not. I guess going to USA to study costs more than 10 BTC.

I really wish that somebody finds BTC flow from IPO money. Which was 7000 BTC. So we could see if they cashed out or stashed it somewhere.

member
Activity: 94
Merit: 10
Is virtualspade your alter ego?! you signed up past the "ipo" date
so are you a late "investor" - not to sound skeptical but just hope you're not "sam noi"

I missed the IPO price with 10 min because of Labcoin utter incompetence to handel things the right way like having correct information available. The time zone mixup and iirc the ipo date was not set properly before it suddenly was set like its "tomorrow" And then the btc-tc wallet bug I'm not blaming Burnside here just Labcoin and the way they handled the IPO so that btc-tc got over loaded.

I diden't see any need to sign up here since the information has always been much better over at the IRC channels. And since I got my first BTC ever for the Labcoin IPO I didn't see any reason to join btctalk before now.

And Sam Noi doesn't exist so no worries there, I'm Virtual Spade for realz.


gogxmagog added to list
hero member
Activity: 602
Merit: 500
Is virtualspade your alter ego?! you signed up past the "ipo" date
so are you a late "investor" - not to sound skeptical but just hope you're not "sam noi"
member
Activity: 94
Merit: 10
Nice work every one we now have 1 million labcoin shares backing up a compliant against Labcoin and its owner Fabrizio Tatti.     

To be on the safe side with my estimation of total amount of lost money I'm using the IPO price as the buy in price for all the shares so that means 1000 BTC lost and with BTC price at 200$ ( to be on the safe side ) we have reached our minimal goal to make a convincing case with the Polizia Postale that is 200,000$ of lost money.

That said I'm sure that some of you have bought in above IPO price and the total amount will be higher. The price you paid for your shares and your total loss of money just like any personal information will be information that you only shall shear with the lawyer we hire, in that way any information is covered under client-lawyer non-disclosure terms.

Any one who wants to join us can PM me here https://bitcointalksearch.org/user/virtualspade-144825

If you don't want to disclose the amount of shares you have to me that is ok ( as we are over target ), as long as you are willing to submit it to the lawyer when the time comes. As long as the compliant is not yet finalized for submission to the authorities there is time to join.

I have no specific time table to give you at the moment since we are in the beginning of the process. 2 weeks is TM of labcoin so I wont use that, but I'll keep you updated. At the moment we are still gathering support and information, PM me if you got something to ask or have any useful information.
full member
Activity: 169
Merit: 100
anyone know anything of the chip tests on btcguild?
full member
Activity: 210
Merit: 100
dividend address seems still getting mined btc, the timing between the new last two is 3hour 20min or so.

as for ghash.io , website is not loading, just blank page, whats happening?


The signed address is strange. Why still add anything to it at all?  Why are the amounts so small?  Even just the hashing we can see (and he may have additional hashing running that we can't see) produces more BTC than is being sent to that address.

Nothing about this makes sense any more.  It certainly doesn't make sense for a legitimate operation, but it also doesn't make much sense for a scam.

Very strange.

That's because Labcoin chips hash in the 5th dimension, which only projects into our space-time as an inverse antispheroid.
It's all very scientific and dangerous, but the TL;DR is you ain't getting your money back.

sr. member
Activity: 420
Merit: 250
dividend address seems still getting mined btc, the timing between the new last two is 3hour 20min or so.

as for ghash.io , website is not loading, just blank page, whats happening?


The signed address is strange. Why still add anything to it at all?  Why are the amounts so small?  Even just the hashing we can see (and he may have additional hashing running that we can't see) produces more BTC than is being sent to that address.

Nothing about this makes sense any more.  It certainly doesn't make sense for a legitimate operation, but it also doesn't make much sense for a scam.

Very strange.

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
I am taking over the ritual of posting BitchCycle's Daily Action Item Checklist, since he broke his promise to do it himself.

Quote
https://bitcointalksearch.org/topic/labcoin-action-item-checklist-updated-daily-305686

It's been 36 days since this list was posted.

Unfortunately,

none of Sam's action items have been completed.

The list remains as it is.  I am including some suggestions added by the community, though it is important to note that these have not been agreed to by Mr. Noi.

I am PMing a reminder copy to Mr. Noi as soon as this is posted.

NOTES FROM THE Q&A

INCLUDING A TO-DO LIST FOR SAMUELE NOI.

I am PMing a copy of this to-do list to the Labcoin account as a reminder of the action items from this session.

I am also asking Mr. Noi to inform us when these items are completed.

Actions for the next 24 hours.

    Skype session with Ukyo regarding Bitfunder listing
    Posting to the forum the amount of BTC left in the company funds.
    Change pool to Eligius
    Make the labcoin portfolio public on BTCT


Other actions to complete ASAP

    Verification of ID.  A good start would be writing "I am Samuele Noi of Labcoin" and the date on a piece paper, and photograph yourself holding it.
    Photos of the hosting facilities as well as the operational boards
    Send a sample board to TheSeven.  This should be done immediately as the sooner he gets the board the sooner he can provide advice. Delays have a direct cost.
    Exact power consumption figures for the chips/boards



Actions for the community to complete ASAP

    Nominate a panel of community representatives to work closely with Samuele. This should be done immediately. We complain about delays from Sam, let's not do what we criticize him for.

- COMPLETED


Suggested additional items from the community

    Meet with a shareholder in person in Shenzhen / Hong Kong. Lunch/coffee/tea meeting etc.  Merv77 has indicated that he will be in town and available Oct 23 - Nov 11. An in person meeting with a third party could soothe a lot of anxieties.
    Provide a full accounting for all money spent so far.  A spreadsheet showing expenses and dates would be ideal.


THIS LIST WILL BE REPOSTED DAILY WITH ITEMS CHECKED OFF AS THEY ARE COMPLETED
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
Price will be going lower sometime soon

I think were moving to 6 decimals
newbie
Activity: 53
Merit: 0
If I wanted to make a load of BTC, I would do exactly what he has done.... except I would then have a 3rd party buy up all those shares at .0001.

I would hand over control of labcoin to someone more respectable and have them immediately pay out a massive dividend.  I would publicly admit that I was holed up and on a bender and say that I am truly sorry.  The new owner of labcoin would then keep paying out dividends like they were supposed to and my guess is that after a few weeks, the price of the stock would go up.  At that time, have the 3rd party sell the shares and pocket the profit of a share that went up 10000%.

At least, that's how I would play the long con.



why talk like that?

if scammers are successfull, they can shower with ill gotten money, but in next life you are doomed heavily, u know



I posted that as an example of a long con.  Also it means that there is a slight possibility that everyone's shares could possibly be worth something in the future.  I am in the same boat as everyone else... though I own a ridiculously low amount (203 shares).  Based on current fiat rates, I lost a cup of coffee on labcoin.  As for the people that lost more than I, I feel for you.

My guess is that 95% of the group buys/business propositions/etc. have someone who is getting a taste of the action.  Either the negotiated price is slightly lower than what the group pays, or they are gaining interest on deposits waiting for purchase.  It happens.  The fact is, don't trust anyone with anything more than you are willing to lose.




sr. member
Activity: 242
Merit: 250
news

ghash.io is back up, lol huge drop labcoin miner to 33ghz, but up again
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