[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 118.

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: drawingthesun on September 29, 2013, 10:47:59 AM

Quote from: Bargraphics on September 29, 2013, 10:41:19 AM

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.

You have been mistaken, I was a very vocal supporter when it first came out (Times change quickly in bitcoin land) and I don't even have an account on reddit you fool.

I haven't sold ActM since the eASIC announcement, another speculation you are dead wrong about.

At best you are seeking out someone to blame for your share price going down. Pankakke pointed you in the correct direction to look towards.

Stop being so bitter and at the very least please backup your schoolgirl gossip with facts.

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: velacreations on September 29, 2013, 10:55:41 AM

Quote from: Mabsark on September 29, 2013, 10:50:20 AM

The money is most likely coming from other people doing the same thing.

or from the newbies you sucker into buying your shares...

remember this:

Quote from: Mabsark on September 17, 2013, 10:52:45 PM

Anyone with an attention span greater than a gold fish knows what he's talking about. 50 Th/s coming online in October. Why does that worry you?

or this:

Quote from: Mabsark on September 24, 2013, 04:57:40 PM

They've stated that they plan on bringing 500 Th/s online by the end of the year. That is a valid possibility. If they did and they controlled 5% of the network, then the network hash rate would be 10 Ph/s. I think it's more likely that Labcoin will have 500 Th/s online than the network will be at 10 Ph/s by the end of the year. If the network was at 5 Ph/s then LC would need 250 Th/s.

those quotes were not very long ago...

He is busy buying @ 0.0003 Grin

(let's hope we'll see another 0 before the end of btct)

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: Mabsark on September 29, 2013, 10:50:20 AM

The money is most likely coming from other people doing the same thing.

or from the newbies you sucker into buying your shares...

remember this:

Quote from: Mabsark on September 17, 2013, 10:52:45 PM

Anyone with an attention span greater than a gold fish knows what he's talking about. 50 Th/s coming online in October. Why does that worry you?

or this:

Quote from: Mabsark on September 24, 2013, 04:57:40 PM

They've stated that they plan on bringing 500 Th/s online by the end of the year. That is a valid possibility. If they did and they controlled 5% of the network, then the network hash rate would be 10 Ph/s. I think it's more likely that Labcoin will have 500 Th/s online than the network will be at 10 Ph/s by the end of the year. If the network was at 5 Ph/s then LC would need 250 Th/s.

those quotes were not very long ago...

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: velacreations on September 29, 2013, 10:34:44 AM

Quote from: drawingthesun on September 29, 2013, 10:26:56 AM

people need to warned about dhenson, johnybigs and mabsark.

^^^ this

If people are stupid enough to make non trivial investments based on trolls posting rather than doing some due diligence, digging and doxing, its their problem and no amount of warning is going to prevent them from losing their money on this or the next scam. Seriously, unregistered company represented by anonymous poster with dubious reputation and casino links in his signature doing PR? The person collecting the money has no public identity, profile or anything? Should be enough reason for anyone sane to think twice, even if they had a credible story, which they had not.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: dwdoc on September 29, 2013, 10:50:28 AM

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! Huh

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.

dwdoc

legendary

Activity: 966

Merit: 1000

- - -Caveat Aleo- - -

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! Huh

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: AngelSky on September 29, 2013, 10:44:38 AM

Quote from: Mabsark on September 29, 2013, 10:42:09 AM

Quote from: velacreations on September 29, 2013, 10:15:39 AM

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. Grin

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.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: Mabsark on September 29, 2013, 10:46:01 AM

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.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Bargraphics on September 29, 2013, 10:41:19 AM

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.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: Mabsark on September 29, 2013, 10:42:09 AM

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.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: velacreations on September 29, 2013, 10:33:39 AM

Quote from: Mabsark on September 29, 2013, 10:23:48 AM

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.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: Mabsark on September 29, 2013, 10:42:09 AM

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?

Quote from: Mabsark on September 29, 2013, 10:42:09 AM

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.

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: Mabsark on September 29, 2013, 10:42:09 AM

Quote from: velacreations on September 29, 2013, 10:15:39 AM

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. Grin

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.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: velacreations on September 29, 2013, 10:15:39 AM

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. Grin

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: drawingthesun on September 29, 2013, 10:38:50 AM

Quote from: ?? on ??

Quote from: drawingthesun on September 29, 2013, 10:31:38 AM

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.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: ?? on ??

Quote from: drawingthesun on September 29, 2013, 10:31:38 AM

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?

BitThink

legendary

Activity: 882

Merit: 1000

Quote from: dwdoc on September 29, 2013, 10:28:39 AM

New deposit:

2013-09-29 14:17:16
17psAW21J4twanAFWmbcd5WdX2pKeX3trm 0.30237405 BTC

https://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm

Dividend coming? Huh

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.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: AngelSky on September 29, 2013, 10:36:46 AM

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.

AngelSky

hero member

Activity: 1008

Merit: 537

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.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Mabsark on September 29, 2013, 10:23:48 AM

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.

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 118. (Read 1079974 times)