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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 169. (Read 1079974 times)

sr. member
Activity: 560
Merit: 250
HOWARD THE ONLY PERSON INVOLVED WITH THE CHIP DESIGN IS GONE. LET THAT SINK IN A LITTLE

Researcher
ITU
September 2013 – Present (1 month)San Jose
Team Leader

Research Institute of Tsinghua University in Shenzhen
November 2011 – August 2013 (1 year 10 months)Shenzhen
Wireless communication & embedded system design
full member
Activity: 227
Merit: 100
Now that all the scared children have run for the hills with there losses we can finally really trade without the minipulator and day traders who've gotten screwed. Now it actually a investment. Watch the price rise into the morning mark my words

That won't happen unless positive hashrate growth occurs.
sr. member
Activity: 560
Merit: 250
Now that all the scared children have run for the hills with there losses we can finally really trade without the minipulator and day traders who've gotten screwed. Now it actually a investment. Watch the price rise into the morning mark my words

Why would the price rise?

went from 800GH to 0-300GH
Howard the main engineer, is gone and is not even in China anymore: http://www.linkedin.com/in/howardwangzhenhua
Swede and Same making bullshit deadlines that they always miss.

full member
Activity: 158
Merit: 100
Now that all the scared children have run for the hills with there losses we can finally really trade without the minipulator and day traders who've gotten screwed. Now it actually a investment. Watch the price rise into the morning mark my words
donator
Activity: 1120
Merit: 1001
labcoin is not even mining right now, looks like all the boards fried.

So except friedcat, now our community has a friedlab.
sr. member
Activity: 560
Merit: 250
labcoin is not even mining right now, looks like all the boards fried.
It seems you finally sold all your shares, or you have put a lot of bids. I believe you can see that there's constantly 0.05 BTC per hour mined to their address.

.05 are trolls such as this one.

Public Note: "It is in our interest to keep the shares price rising but we're very confident that within a short time, shares will be valued what they are really worth."

and mining .05 per hour that means their hash fell by 3X

Howard is in California, isn't he supposed to be in China?
legendary
Activity: 882
Merit: 1000
labcoin is not even mining right now, looks like all the boards fried.
It seems you finally sold all your shares, or you have put a lot of bids. I believe you can see that there's constantly 0.05 BTC per hour mined to their address.
sr. member
Activity: 560
Merit: 250
Looks like Howard quit 1 month ago. Labcoin FTW
sr. member
Activity: 560
Merit: 250
Have anybody located Howard Wang?
http://www.tsinghua.edu.cn/publish/csen/4923/index.html

I can't find such a person there.
Maybe wrong department. There are 41 research departments out there according to wikipedia.

He's now in ITU, San Jose, USA.
http://www.linkedin.com/in/howardwangzhenhua

The ultimate proof that they aren't mining in China.

WOW ^^ GG ScamCoin
legendary
Activity: 882
Merit: 1000
above 0.0001 in 24 hours?  You will win the bet for sure.

I would rather hold it to 0 than selling it below 0.0001. I think many people think like me. Let alone there're 844K bids over 0.0001.
sr. member
Activity: 560
Merit: 250
labcoin is not even mining right now, looks like all the boards fried.
legendary
Activity: 1386
Merit: 1000
I mean we need to count resistance of bid side with share count, not BTC count. We actually needs to sell 280K shares to be under 0.0006. Not so many people has so many shares, since most of us do not have the luck or the courage to buy a lot at the current price.

Ah, I understand what you're saying. I'm going to refrain from price speculation for the moment, as I'm currently in a bet regarding the price.
legendary
Activity: 882
Merit: 1000
I mean we need to count resistance of bid side with share count, not BTC count. We actually needs to sell 280K shares to be under 0.0006. Not so many people has so many shares, since most of us do not have the luck or the courage to buy a lot at the current price.
sr. member
Activity: 420
Merit: 250

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?

Sure, sure. You keep waiting down there with your bids.
legendary
Activity: 1386
Merit: 1000

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?

180BTC

Which isn't a lot considering how far it has dropped already. They might want to cash out their 180BTC before it becomes 100.
You count shares in bid side, and BTC in ask side. Only shares can be sold in bid side, not BTC.

Hm? You can count shares and BTC on either side... here's the bid side:

legendary
Activity: 882
Merit: 1000

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?

180BTC

Which isn't a lot considering how far it has dropped already. They might want to cash out their 180BTC before it becomes 100.
You count shares in bid side, and BTC in ask side. Only shares can be sold in bid side, not BTC.
hero member
Activity: 714
Merit: 510

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?

180BTC

Which isn't a lot considering how far it has dropped already. They might want to cash out their 180BTC before it becomes 100.
legendary
Activity: 1386
Merit: 1000

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?

180BTC
hero member
Activity: 714
Merit: 510

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?
hero member
Activity: 714
Merit: 510
Have anybody located Howard Wang?
http://www.tsinghua.edu.cn/publish/csen/4923/index.html

I can't find such a person there.
Maybe wrong department. There are 41 research departments out there according to wikipedia.

He's now in ITU, San Jose, USA.
http://www.linkedin.com/in/howardwangzhenhua

The ultimate proof that they aren't mining in China.
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