[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 245.

wickedgoodtrader

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Activity: 220

Merit: 100

Quote from: JohnyBigs on September 22, 2013, 09:41:34 AM

Quote from: demzie on September 22, 2013, 09:37:03 AM

Quote from: JohnyBigs on September 22, 2013, 09:32:59 AM

Clearly whats happening here for the people who arent dumb. Burnside trying to FUD his competition, Labcoin is the only company so far hashing, and will surpass Asicminer, if they dont run into any problems.

Labcoin needs to have a contingency plan incase burnside desides to fuck them over.

Well im labcoin fanboy but i do think burnside is honest and standup guy; he will handle this on a mature level.

A mature stand up guy would remove the warning when the issuer has contacted them trying to resolve it in good faith, or put a message issuer im contact with us trying to resolve issue.

Yet companies like peta mine who have broken their contracts completely, naaaah no warning because im burnside who clearly cares about scams.

Good faith??? Labcoin has proved they will do nothing if they don't have to, so if the warning gets taken down they would 100% do nothing

Zakryze

sr. member

Activity: 308

Merit: 250

Quote from: Mabsark on September 22, 2013, 09:45:15 AM

Quote from: JohnyBigs on September 22, 2013, 09:27:15 AM

Quote from: wickedgoodtrader on September 22, 2013, 09:25:27 AM

Quote from: JohnyBigs on September 22, 2013, 09:20:39 AM

I wonder if burnside would ever put a warning on his own security, of course not. Why don't we post a warnings and then post even more severe earnings now that ASIC miner had plumetted.

Its like the dow Jones posting warnings on its companies.

WARNING: Apple didnt provide their usual pre order #s, trade with caution.

Burnside has shown himself to be a clown just like every other person in the BTC community. Our warning feature is new thats why we havent posted on other securities, but it works so perfectly for Labcoin

Wtf are you talking about? Labcoin is being super fucking shady and they deserve MORE then a warning.

So has everyother security including burnsides own, Peta broke its contract where are the warnings? Riiiiight

Talking about BTC-TRADING-PT, bids are currently at 0.561 BTC and shares were selling at 1.126 BTC two weeks ago. With all the trading that Labcoin has seen, dividends should be at an all time high. With BTC-TRADING-PT's share price at a low, that seems to be an incredible bargain at the moment.

So, for those who think Labcoin is too risky, BTC-TRADING-PT seems like a good alternative to invest in. I'm surprised the FUDsters aren't snapping the shares up. I guess they're just too bust trying to trade Labcoin shares.

look at the ROI boy. probably labcoin has bought so many overpriced shares lately from the cash they took from selling their shares that they now sell to give out dividends n stuff and buy their own shares now that they finally were able to buy/assemble miners...
Last page seem to be the real fudsters ...

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: JohnyBigs on September 22, 2013, 09:20:39 AM

Burnside has shown himself to be a clown just like every other person in the BTC community. Our warning feature is new thats why we havent posted on other securities, but it works so perfectly for Labcoin

Sorry to say that, but you are the clown here.

crumbs

full member

Activity: 210

Merit: 100

Quote from: JohnyBigs on September 22, 2013, 09:41:34 AM

Quote from: demzie on September 22, 2013, 09:37:03 AM

Quote from: JohnyBigs on September 22, 2013, 09:32:59 AM

Clearly whats happening here for the people who arent dumb. Burnside trying to FUD his competition, Labcoin is the only company so far hashing, and will surpass Asicminer, if they dont run into any problems.

Labcoin needs to have a contingency plan incase burnside desides to fuck them over.

Well im labcoin fanboy but i do think burnside is honest and standup guy; he will handle this on a mature level.

A mature stand up guy would remove the warning when the issuer has contacted them trying to resolve it in good faith, or put a message issuer im contact with us trying to resolve issue.

Yet companies like peta mine who have broken their contracts completely, naaaah no warning because im burnside who clearly cares about scams.

OMG dood, you should totally stop trading on that crooked exchange! Trusting that kid with ur monyz is madness Cheesy

Mabsark

legendary

Activity: 826

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Quote from: JohnyBigs on September 22, 2013, 09:27:15 AM

Quote from: wickedgoodtrader on September 22, 2013, 09:25:27 AM

Quote from: JohnyBigs on September 22, 2013, 09:20:39 AM

I wonder if burnside would ever put a warning on his own security, of course not. Why don't we post a warnings and then post even more severe earnings now that ASIC miner had plumetted.

Its like the dow Jones posting warnings on its companies.

WARNING: Apple didnt provide their usual pre order #s, trade with caution.

Burnside has shown himself to be a clown just like every other person in the BTC community. Our warning feature is new thats why we havent posted on other securities, but it works so perfectly for Labcoin

Wtf are you talking about? Labcoin is being super fucking shady and they deserve MORE then a warning.

So has everyother security including burnsides own, Peta broke its contract where are the warnings? Riiiiight

Talking about BTC-TRADING-PT, bids are currently at 0.561 BTC and shares were selling at 1.126 BTC two weeks ago. With all the trading that Labcoin has seen, dividends should be at an all time high. With BTC-TRADING-PT's share price at a low, that seems to be an incredible bargain at the moment.

So, for those who think Labcoin is too risky, BTC-TRADING-PT seems like a good alternative to invest in. I'm surprised the FUDsters aren't snapping the shares up. I guess they're just too bust trying to trade Labcoin shares.

demzie

sr. member

Activity: 266

Merit: 250

Quote from: JohnyBigs on September 22, 2013, 09:41:34 AM

Quote from: demzie on September 22, 2013, 09:37:03 AM

Quote from: JohnyBigs on September 22, 2013, 09:32:59 AM

Clearly whats happening here for the people who arent dumb. Burnside trying to FUD his competition, Labcoin is the only company so far hashing, and will surpass Asicminer, if they dont run into any problems.

Labcoin needs to have a contingency plan incase burnside desides to fuck them over.

Well im labcoin fanboy but i do think burnside is honest and standup guy; he will handle this on a mature level.

A mature stand up guy would remove the warning when the issuer has contacted them trying to resolve it in good faith, or put a message issuer im contact with us trying to resolve issue.

Yet companies like peta mine who have broken their contracts completely, naaaah no warning because im burnside who clearly cares about scams.

Wish i could defend/attack that; but i have no idea what the conversation was between those guys..

JohnyBigs

sr. member

Activity: 560

Merit: 250

Quote from: demzie on September 22, 2013, 09:37:03 AM

Quote from: JohnyBigs on September 22, 2013, 09:32:59 AM

Clearly whats happening here for the people who arent dumb. Burnside trying to FUD his competition, Labcoin is the only company so far hashing, and will surpass Asicminer, if they dont run into any problems.

Labcoin needs to have a contingency plan incase burnside desides to fuck them over.

Well im labcoin fanboy but i do think burnside is honest and standup guy; he will handle this on a mature level.

A mature stand up guy would remove the warning when the issuer has contacted them trying to resolve it in good faith, or put a message issuer im contact with us trying to resolve issue.

Yet companies like peta mine who have broken their contracts completely, naaaah no warning because im burnside who clearly cares about scams.

demzie

sr. member

Activity: 266

Merit: 250

Quote from: Puppet on September 22, 2013, 09:36:27 AM

Quote from: abuelau on September 22, 2013, 09:27:08 AM

1) Chips are 130nm and not 180nm
2) Each chip yields 5GH/s
3) Therefore we need 10k chips for 50TH/s. Each one of their PCB fits 15 chips so we need just about 650 boards.

Doesn't sound impossible at all, sorry.

edited and corrected my post. I guess moving from 180nm to 130nm and increasing the hashrate by a factor 20x while sticking to pretty much the exact same time schedule was not worth putting on their website.

Shit were going again through that labcoin has the worst PR every thing; we all know that; hahaha
website is from dinosaur age, etc.. get over it

JohnyBigs

sr. member

Activity: 560

Merit: 250

Hai guys Im burnside I care about companies breaking their contracts.

Anonymous voted NO with comment: Attempting to break the contract -- odolvlobo
Anonymous voted NO with comment: Contract terms in flux after moderator approval and shares sold.
BTCTRADINGPT voted NO with comment: BTC-Trading-PT shareholders voted 290-65 to not approve.
Anonymous voted NO with comment: Muddy contract terms that often change.
Anonymous voted NO with comment: Not following their contract!
Anonymous voted NO with comment: How about you try IPOing when it's actually hashing, rather than putting all the risk on investors? The difficulty in Dec may be astronomical, and thus rendering this investment to result in almost guaranteed loss.
woodtech voted NO with comment: As other "No" voter said; all risk is on investors. You need to have some skin in the game yourselves please!

Riiiiiight

https://btct.co/security/PETA-MINE

demzie

sr. member

Activity: 266

Merit: 250

Quote from: JohnyBigs on September 22, 2013, 09:32:59 AM

Clearly whats happening here for the people who arent dumb. Burnside trying to FUD his competition, Labcoin is the only company so far hashing, and will surpass Asicminer, if they dont run into any problems.

Labcoin needs to have a contingency plan incase burnside desides to fuck them over.

Well im labcoin fanboy but i do think burnside is honest and standup guy; he will handle this on a mature level.

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: abuelau on September 22, 2013, 09:27:08 AM

1) Chips are 130nm and not 180nm
2) Each chip yields 5GH/s
3) Therefore we need 10k chips for 50TH/s. Each one of their PCB fits 15 chips so we need just about 650 boards.

Doesn't sound impossible at all, sorry.

edited and corrected my post. I guess moving from 180nm to 130nm and increasing the hashrate by a factor 20x while sticking to pretty much the exact same time schedule was not worth putting on their website. Read in to that what you want.

JohnyBigs

sr. member

Activity: 560

Merit: 250

Clearly whats happening here for the people who arent dumb. Burnside trying to FUD his competition, Labcoin is the only company so far hashing, and will surpass Asicminer, if they dont run into any problems.

Labcoin needs to have a contingency plan incase burnside desides to fuck them over.

JohnyBigs

sr. member

Activity: 560

Merit: 250

Quote from: wickedgoodtrader on September 22, 2013, 09:25:27 AM

Quote from: JohnyBigs on September 22, 2013, 09:20:39 AM

I wonder if burnside would ever put a warning on his own security, of course not. Why don't we post a warnings and then post even more severe earnings now that ASIC miner had plumetted.

Its like the dow Jones posting warnings on its companies.

WARNING: Apple didnt provide their usual pre order #s, trade with caution.

Burnside has shown himself to be a clown just like every other person in the BTC community. Our warning feature is new thats why we havent posted on other securities, but it works so perfectly for Labcoin

Wtf are you talking about? Labcoin is being super fucking shady and they deserve MORE then a warning.

So has everyother security including burnsides own, Peta broke its contract where are the warnings? Riiiiight

abuelau

hero member

Activity: 750

Merit: 500

www.coinschedule.com

Quote from: Puppet on September 22, 2013, 09:15:23 AM

Quote from: abuelau on September 22, 2013, 08:36:53 AM

It all boils down to whether this hash rate will increase in the next few days or not... someone could have bought Avalons bla bla bla, but would be extremely hard to do that all the way to 50TH/s...

Even using labcoins numbers, those 180nm chips supposedly produce ~250 MH/s. To reach 50TH They would need to produce 200 thousand chips in a test fab not meant for volume production, and 20000 PCBs, assemble them, test them, mount them, deploy them in a pretty darn huge datacenter, power them (300+ KW) and cool them. All that based on a unstable asic using a PCB design no one has seen (or if we did, one that magically works without copper layers or traces). The magnitude of that is greater than what BFL has produced and shipped to date!

Yeah, thats gotta be a lot easier than deploying 100 of these:
http://www.bitfurystrikesback.com/product/400gh-miner-october-2013/

Not that he will reach 50TH. Is there an online bet on this somewhere?

1) Chips are 130nm and not 180nm
2) Each chip yields 5GH/s
3) Therefore we need 10k chips for 50TH/s. Each one of their PCB fits 15 chips so we need just about 650 boards.

Doesn't sound impossible at all, sorry.

wickedgoodtrader

full member

Activity: 220

Merit: 100

Quote from: JohnyBigs on September 22, 2013, 09:20:39 AM

I wonder if burnside would ever put a warning on his own security, of course not. Why don't we post a warnings and then post even more severe earnings now that ASIC miner had plumetted.

Its like the dow Jones posting warnings on its companies.

WARNING: Apple didnt provide their usual pre order #s, trade with caution.

Burnside has shown himself to be a clown just like every other person in the BTC community. Our warning feature is new thats why we havent posted on other securities, but it works so perfectly for Labcoin

Wtf are you talking about? Labcoin is being super fucking shady and they deserve MORE then a warning.

JohnyBigs

sr. member

Activity: 560

Merit: 250

Quote from: demzie on September 22, 2013, 09:21:39 AM

Quote from: Puppet on September 22, 2013, 09:15:23 AM

Quote from: abuelau on September 22, 2013, 08:36:53 AM

It all boils down to whether this hash rate will increase in the next few days or not... someone could have bought Avalons bla bla bla, but would be extremely hard to do that all the way to 50TH/s...

Even using labcoins numbers, those 180nm chips supposedly produce ~250 MH/s. To reach 50TH They would need to produce 200 thousand chips in a test fab not meant for volume production, and 20000 PCBs, assemble them, test them, mount them, deploy them in a pretty darn huge datacenter, power them (300+ KW) and cool them. All that based on a unstable asic using a PCB design no one has seen (or if we did, one that magically works without copper layers or traces). The magnitude of that is greater than what BFL has produced and shipped to date!

Yeah, thats gotta be a lot easier than deploying 100 of these:
http://www.bitfurystrikesback.com/product/400gh-miner-october-2013/

Not that he will reach 50TH. Is there an online bet on this somewhere?

Yes were going for the 180nm fud? jezus read in, before yelling bullshit.. The 180nm is already history.. and that also counts for the specs with it.

Yes guys labcoin should pay full retail price for miners!!!! Instead of pennies so they make no profit. The idiots on here are quite hilarious.

demzie

sr. member

Activity: 266

Merit: 250

Quote from: Puppet on September 22, 2013, 09:15:23 AM

Quote from: abuelau on September 22, 2013, 08:36:53 AM

It all boils down to whether this hash rate will increase in the next few days or not... someone could have bought Avalons bla bla bla, but would be extremely hard to do that all the way to 50TH/s...

Even using labcoins numbers, those 180nm chips supposedly produce ~250 MH/s. To reach 50TH They would need to produce 200 thousand chips in a test fab not meant for volume production, and 20000 PCBs, assemble them, test them, mount them, deploy them in a pretty darn huge datacenter, power them (300+ KW) and cool them. All that based on a unstable asic using a PCB design no one has seen (or if we did, one that magically works without copper layers or traces). The magnitude of that is greater than what BFL has produced and shipped to date!

Yeah, thats gotta be a lot easier than deploying 100 of these:
http://www.bitfurystrikesback.com/product/400gh-miner-october-2013/

Not that he will reach 50TH. Is there an online bet on this somewhere?

Yes were going for the 180nm fud? jezus read in, before yelling bullshit.. The 180nm is already history.. and that also counts for the specs with it.

JohnyBigs

sr. member

Activity: 560

Merit: 250

I wonder if burnside would ever put a warning on his own security, of course not. Why don't we post a warnings and then post even more severe earnings now that ASIC miner had plumetted.

Its like the dow Jones posting warnings on its companies.

WARNING: Apple didnt provide their usual pre order #s, trade with caution.

Burnside has shown himself to be a clown just like every other person in the BTC community. Our warning feature is new thats why we havent posted on other securities, but it works so perfectly for Labcoin

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: abuelau on September 22, 2013, 08:36:53 AM

It all boils down to whether this hash rate will increase in the next few days or not... someone could have bought Avalons bla bla bla, but would be extremely hard to do that all the way to 50TH/s...

Even using labcoins numbers, those 180nm chips supposedly produce ~250 MH/s. To reach 50TH They would need to produce 200 thousand chips in a test fab not meant for volume production, and 20000 PCBs, assemble them, test them, mount them, deploy them in a pretty darn huge datacenter, power them (300+ KW) and cool them. All that based on a unstable asic using a PCB design no one has seen (or if we did, one that magically works without copper layers or traces). The magnitude of that is greater than what BFL has produced and shipped to date!

edit: Okay so they have supposedly a 130nm chip that produces 20x the hashrate of their 180nm one, if you can believe that. So now its "only" 10K chips and 1000 boards.

Yeah, thats gotta be a lot easier than deploying 100 of these:
http://www.bitfurystrikesback.com/product/400gh-miner-october-2013/

Not that he will reach 50TH. Is there an online bet on this somewhere?

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: abuelau on September 22, 2013, 08:36:53 AM

It all boils down to whether this hash rate will increase in the next few days or not... someone could have bought Avalons bla bla bla, but would be extremely hard to do that all the way to 50TH/s...

If they can get the hash rate past 5TH/s...

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 245. (Read 1079974 times)