[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 122.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: AngelSky on September 29, 2013, 06:37:39 AM

Mabsark's logic:

Quote from: Mabsark on September 14, 2013, 11:35:03 AM

Look at this picture though. Notice how some of the chips are missing?

The obvious reason for those chips being missing is because they are being mined with.

It's funny the way none of the FUD-spreaders can come up with a logical argument against this.

Yeah, what was I thinking? It's clearly ridiculous to suggest that the obvious reason for chips being missing is because they had been used for their intended purpose. They surely just threw those chips away for no reason.

/sarcasm (for all the mentally challenged people in this thread)

bitwhizz

legendary

Activity: 910

Merit: 1000

Yo mabsark, send me 7000 bitcoins, i have a mining device which does 100000 TH, i can;t show you any pictures of the chips as they are being using to mine, neither can i send you photos of the hardware as once again they are being used to mine, oh and the rigs won't show up on BTC guild, i have designed a software which prevents the total hash rate of these miners from being picked up, look forward to hearing from you

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: AngelSky on September 29, 2013, 06:32:44 AM

Quote from: Mabsark on September 29, 2013, 05:46:38 AM

Quote from: dexX7 on September 29, 2013, 05:36:16 AM

Quote from: TMAN on September 29, 2013, 03:36:38 AM

Then why are over 2 million shares still in the initial account?the scam makes 0 sense unless all the shares were traded. Burnside said the other day 66% of shares are still in the initial account. A sensible answer is that wang and other team members have been paid the shares.

Data on this:

Labcoin's statement (asset news):

Quote from: burnside on September 10, 2013, 05:54:54 PM

I hope the LABCOIN guys don't mind me disclosing this. Over 85% of the 3 million shares have not left a specific account I know is held in the Labcoin name. The other 15% could easily be held in any of the next few top shareholders, but I am not privy to who is who without some assistance.

0.85 x 3,000,000 = 2,550,000

Latest, but somewhat fuzzy response:

Quote from: burnside on September 27, 2013, 03:49:19 PM

I see ~2 million currently held in their account. I do not know however if some were sold, or if they were simply transferred to another account that is also a holding account. So this is inconclusive information.

And also:

Quote from: labcoin on September 28, 2013, 09:27:23 PM

Some amounts of shares were used as payouts for team members, ...

I won't draw any conclusion, it's up to subjective interpretation of the situation given the vague facts.

We always knew that shares where going to be given to team members so I don't see any problem with that. Also, the fact their account has about 2 million shares, does not mean any shares at all have been sold. It simply means those shares are not in that account, which they shouldn't be if they were given to team members as payment. Those "missing shares" could very well be in team members accounts who haven't sold a single one.

There's simply no evidence suggesting what has happened to these shares. Until actual proof is brought forth, claiming that these shares have been sold is an outright lie.

OMG, still in the denial? Haven't sold yet?

I've sold and bought many times. I've made my money back (and then some) which is now sitting on BitFunder in AM shares. I also now have 10,000 LC shares. Like I've already told you and the other idiots around here, I'm in this to make profit, not because I'm some idiotic fanboy who worships companies.

If Labcoin turns out to be a complete failure or a total scam, I'll have still made a profit from them, even if those 10,000 shares become worthless. You guys are just jealous because you haven't been able to do the same.

AngelSky

hero member

Activity: 1008

Merit: 537

Mabsark's logic:

Quote from: Mabsark on September 14, 2013, 11:35:03 AM

Look at this picture though. Notice how some of the chips are missing?

The obvious reason for those chips being missing is because they are being mined with.

It's funny the way none of the FUD-spreaders can come up with a logical argument against this.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: Puppet on September 29, 2013, 06:22:54 AM

Quote from: ampu on September 29, 2013, 06:03:57 AM

I think it's clear that Alessia = Alberto

Here he says to be in Pavia (Pavia is an Italian town)
http://archive.is/p1fI5

And here on linkedin, Alberto studied at Pavia University

http://hk.linkedin.com/pub/alberto-armandi/11/a74/b27

Doesnt prove Alberto and Alessia are the same. It does further lead credence that they know each other, possibly are married to each other explaining how alberto is fabrizio's brother in law.

So what if Alberto is Fabrizio's brother-in-law? So what if Alberto is a scammer? Are trying to say that makes Fabrizio a scammer too?

That's just incredibly poor logic. That's like me claiming you're a smack head just because your bother-in-law is. See how ridiculous that sounds?

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: Mabsark on September 29, 2013, 05:46:38 AM

Quote from: dexX7 on September 29, 2013, 05:36:16 AM

Quote from: TMAN on September 29, 2013, 03:36:38 AM

Then why are over 2 million shares still in the initial account?the scam makes 0 sense unless all the shares were traded. Burnside said the other day 66% of shares are still in the initial account. A sensible answer is that wang and other team members have been paid the shares.

Data on this:

Labcoin's statement (asset news):

Quote from: burnside on September 10, 2013, 05:54:54 PM

I hope the LABCOIN guys don't mind me disclosing this. Over 85% of the 3 million shares have not left a specific account I know is held in the Labcoin name. The other 15% could easily be held in any of the next few top shareholders, but I am not privy to who is who without some assistance.

0.85 x 3,000,000 = 2,550,000

Latest, but somewhat fuzzy response:

Quote from: burnside on September 27, 2013, 03:49:19 PM

I see ~2 million currently held in their account. I do not know however if some were sold, or if they were simply transferred to another account that is also a holding account. So this is inconclusive information.

And also:

Quote from: labcoin on September 28, 2013, 09:27:23 PM

Some amounts of shares were used as payouts for team members, ...

I won't draw any conclusion, it's up to subjective interpretation of the situation given the vague facts.

We always knew that shares where going to be given to team members so I don't see any problem with that. Also, the fact their account has about 2 million shares, does not mean any shares at all have been sold. It simply means those shares are not in that account, which they shouldn't be if they were given to team members as payment. Those "missing shares" could very well be in team members accounts who haven't sold a single one.

There's simply no evidence suggesting what has happened to these shares. Until actual proof is brought forth, claiming that these shares have been sold is an outright lie.

OMG, still in the denial? Haven't sold yet?

elasticband

legendary

Activity: 1036

Merit: 1000

Nighty Night Don't Let The Trolls Bite Nom Nom Nom

Quote from: Puppet on September 29, 2013, 06:22:54 AM

Quote from: ampu on September 29, 2013, 06:03:57 AM

I think it's clear that Alessia = Alberto

Here he says to be in Pavia (Pavia is an Italian town)
http://archive.is/p1fI5

And here on linkedin, Alberto studied at Pavia University

http://hk.linkedin.com/pub/alberto-armandi/11/a74/b27

Doesnt prove Alberto and Alessia are the same. It does further lead credence that they know each other, possibly are married to each other explaining how alberto is fabrizio's brother in law.

+ 1

glad i have never held anything in this company for more than a quick flip, but makes for a crazy read.... I hope somthing works out for all you guys

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: ?? on ??

Quote from: zumzero on September 29, 2013, 05:12:20 AM

You lot really do make me laugh. You go off and do your research with the intention of finding out that Labcoin is a scam. You find a tenuous link to through Facebook for something that wouldn't stand up in court and that's enough to fuel your witchhunt?

The fact of the matter is, those who have sold have made a grave error and those who have bought, and are currently buying will have the last laugh.

And believe me when I say, these exceptionally low prices are a time limited offer.

I have been following this stock for the last 600 pages and have been a fairly active FUDster. I have manipulated the price down and the weak hands have sold, over and over. I waited until last night to buy my first Labcoin shares and now hold a large number. So thank you to those who sold to me, you are about to learn a very important lesson in trading!

BUY! BUY! BUY!

On the ignore list you go. Good luck with your worthless shares, you piece of shit.

Wow! Butt-hurt or what?

Pathetic. Wish you the best with your negative ROI. I'm gonna buy some cocktails with your money.

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: ampu on September 29, 2013, 06:03:57 AM

I think it's clear that Alessia = Alberto

Here he says to be in Pavia (Pavia is an Italian town)
http://archive.is/p1fI5

And here on linkedin, Alberto studied at Pavia University

http://hk.linkedin.com/pub/alberto-armandi/11/a74/b27

Doesnt prove Alberto and Alessia are the same. It does further lead credence that they know each other, possibly are married to each other explaining how alberto is fabrizio's brother in law.

KS

sr. member

Activity: 448

Merit: 250

Quote from: ampu on September 29, 2013, 06:03:57 AM

I think it's clear that Alessia = Alberto

Here he says to be in Pavia (Pavia is an Italian town)
http://archive.is/p1fI5

And here on linkedin, Alberto studied at Pavia University

http://hk.linkedin.com/pub/alberto-armandi/11/a74/b27

I believe others have studied at Pavia and live in the area, even some people not from Pavia...others have studied at Pavia and are not in the area anymore.

That doesn't really prove anything, and really not that Alberto is Alessia.

(but keep digging)

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

Quote from: Sou on September 29, 2013, 06:10:21 AM

Quote from: ampu on September 29, 2013, 06:03:57 AM

I think it's clear that Alessia = Alberto

Here he says to be in Pavia (Pavia is an Italian town)
http://archive.is/p1fI5

And here on linkedin, Alberto studied at Pavia University

http://hk.linkedin.com/pub/alberto-armandi/11/a74/b27

The plot thickens

And yet the prices rise. People are starting to see through this vain attempt to manipulate the share price. Buy now while you can. By tea-time the party will be over.

Sou

full member

Activity: 210

Merit: 100

(Bitcoin related text here)

Quote from: ampu on September 29, 2013, 06:03:57 AM

I think it's clear that Alessia = Alberto

Here he says to be in Pavia (Pavia is an Italian town)
http://archive.is/p1fI5

And here on linkedin, Alberto studied at Pavia University

http://hk.linkedin.com/pub/alberto-armandi/11/a74/b27

The plot thickens

ampu

full member

Activity: 504

Merit: 102

CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM

I think it's clear that Alessia = Alberto

Here he says to be in Pavia (Pavia is an Italian town)
http://archive.is/p1fI5

And here on linkedin, Alberto studied at Pavia University

http://hk.linkedin.com/pub/alberto-armandi/11/a74/b27

bitwhizz

legendary

Activity: 910

Merit: 1000

Lets face it, even if ~~labcoin~~ comes up with some good excuses tomorrow, any exchange with half a brain will not accept labcoin as they know they pose a further risk to the legal status of their exchange, Will bitfunder really risk the future of their exchange by allowing a shady mining company stock with lots of holes and affiliations to known scammers be traded alongside other legitatmate stock??? no way ! so your going to trust ~~Labcoin~~ and their avalons too create an order book and pay your dividends Grin

, when all they have done is given one line anaswers to everything, this is probably the stupidest stock i have ever come across

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: Mabsark on September 29, 2013, 05:46:38 AM

There's simply no evidence suggesting what has happened to these shares. Until actual proof is brought forth, claiming that these shares have been sold is an outright lie.

I disagree with your final statement. There is also no evidence that those shares were not sold. Until actual proof is brought forth, claiming that they are still in Labcoin's hands is ... You see the problem here?

This is why I included the line "draw your own conclusions". I'm just presenting raw data.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: dexX7 on September 29, 2013, 05:36:16 AM

Quote from: TMAN on September 29, 2013, 03:36:38 AM

Then why are over 2 million shares still in the initial account?the scam makes 0 sense unless all the shares were traded. Burnside said the other day 66% of shares are still in the initial account. A sensible answer is that wang and other team members have been paid the shares.

Data on this:

Labcoin's statement (asset news):

Quote from: burnside on September 10, 2013, 05:54:54 PM

I hope the LABCOIN guys don't mind me disclosing this. Over 85% of the 3 million shares have not left a specific account I know is held in the Labcoin name. The other 15% could easily be held in any of the next few top shareholders, but I am not privy to who is who without some assistance.

0.85 x 3,000,000 = 2,550,000

Latest, but somewhat fuzzy response:

Quote from: burnside on September 27, 2013, 03:49:19 PM

I see ~2 million currently held in their account. I do not know however if some were sold, or if they were simply transferred to another account that is also a holding account. So this is inconclusive information.

And also:

Quote from: labcoin on September 28, 2013, 09:27:23 PM

Some amounts of shares were used as payouts for team members, ...

I won't draw any conclusion, it's up to subjective interpretation of the situation given the vague facts.

We always knew that shares where going to be given to team members so I don't see any problem with that. Also, the fact their account has about 2 million shares, does not mean any shares at all have been sold. It simply means those shares are not in that account, which they shouldn't be if they were given to team members as payment. Those "missing shares" could very well be in team members accounts who haven't sold a single one.

There's simply no evidence suggesting what has happened to these shares. Until actual proof is brought forth, claiming that these shares have been sold is an outright lie.

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: TMAN on September 29, 2013, 03:36:38 AM

Then why are over 2 million shares still in the initial account?the scam makes 0 sense unless all the shares were traded. Burnside said the other day 66% of shares are still in the initial account. A sensible answer is that wang and other team members have been paid the shares.

Data on this:

Labcoin's statement (asset news):

Quote from: burnside on September 10, 2013, 05:54:54 PM

I hope the LABCOIN guys don't mind me disclosing this. Over 85% of the 3 million shares have not left a specific account I know is held in the Labcoin name. The other 15% could easily be held in any of the next few top shareholders, but I am not privy to who is who without some assistance.

0.85 x 3,000,000 = 2,550,000

Latest, but somewhat fuzzy response:

Quote from: burnside on September 27, 2013, 03:49:19 PM

I see ~2 million currently held in their account. I do not know however if some were sold, or if they were simply transferred to another account that is also a holding account. So this is inconclusive information.

And also:

Quote from: labcoin on September 28, 2013, 09:27:23 PM

Some amounts of shares were used as payouts for team members, ...

I won't draw any conclusion, it's up to subjective interpretation of the situation given the vague facts.

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: TMAN on September 29, 2013, 05:25:32 AM

Lost your pocket money did you?

About a million dollars was lost. More than pocket money.

ssshhh

sr. member

Activity: 336

Merit: 250

https://bitcointalksearch.org/topic/m.2195210

Quote

Hey folks,

We're a stealth startup backed by some private funding and active since september 2012 in the Bitcoin world. Roadmaps goals have been met and we're getting out of "stealth mode" Our venture name is Labcoin and a website is in the process of being finished. We believe we came out with something interesting, therefore this is a kind request to get out the newbie status, in order to post to relevant sections. Thanks in advance and stay tuned for announcements on those avenues! Our aim is to help the awesome Bitcoin ecosystem to grow and stay strong. Go Bitcoin!

Cheers Everyone,
CEO
Samuel Noi

CEO?

Quote

Quote from: TitanBTC on June 03, 2013, 07:01:33 PM
Quote from: labcoin on June 02, 2013, 03:29:48 AM
meanwhile labcoin is on the top 20 fastest miners and top 10 teams on btcguild.

https://www.btcguild.com//index.php?page=rankings§ion=teams

We're raising additional funds for the project at a soddisfacent rate and the team is already onto some very good results.

I don't think I've ever seen the word "soddisfacent" before. Is that english? I see that there is an Italian word that is similar which means "satisfactory". Does that mean you are not looking for investors?

Admittedly yes, the word "soddisfacent" doesn't exist in English language. Satisfactory is the right word.thanks for the head up.
We are not selling pre-orders, but talks with investors are open, just pm us.

Cheers

EDIT: spelling

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: kingcrimson on September 29, 2013, 05:21:39 AM

Here is the thread with the typo, not a fabrication: https://bitcointalk.org/index.php?topic=209553.20

It is a fabrication, even the link for the quote in that thread just takes you back to that thread. It is completely bogus and every one can verify this.

Quote from: labcoin on June 03, 2013, 06:58:39 PM

Quote from: TitanBTC on June 03, 2013, 02:01:33 PM

Quote from: ?? on ??

meanwhile labcoin is on the top 20 fastest miners and top 10 teams on btcguild.

https://www.btcguild.com//index.php?page=rankings§ion=teams

We're raising additional funds for the project at a soddisfacent rate and the team is already onto some very good results.

I don't think I've ever seen the word "soddisfacent" before. Is that english? I see that there is an Italian word that is similar which means "satisfactory". Does that mean you are not looking for investors?

Admittedly yes, the word "soddisfacent" doesn't exist in English language. Satisfactory is the right word.thanks for the head up.
We are not selling pre-orders, but talks with investors are open, just pm us.

Cheers

EDIT: spelling

Click the link for the bolded quote. It's completely fake.

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 122. (Read 1079974 times)