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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 300. (Read 1079974 times)

sr. member
Activity: 560
Merit: 250
Velaretardations blowing up their mining address with so much hate, umad vela?
sr. member
Activity: 476
Merit: 250
I would say, because of many hints of broken promises, that are now immortalized on the blockchain (technically on blockchain.info, yes), and in several posts, just browse the previous pages.
whoa!  hey, whoever is posting these, PM me, I have a whole collection.
sr. member
Activity: 476
Merit: 250
Now labcoin has already made a lot of lies to pump the share price.
at least 20 in the last 2 weeks, by my count, and I know there are more.
legendary
Activity: 1946
Merit: 1035
Whats with all the hate? Labcoin hasn't lost anyone anything, it's only the idiots who have lost money.

IPO price 0.001, if it was below this now then you could start making accusations about them being a scam/fraud ect. But no company in history has ever delivered an always postitive return. Each day stocks go up and down!

If you bought in high its your own fault, if you then sold low, that makes you an idiot or someone who is cutting their losses you cant blame this on anyone else.

What's with the hate? I would say, because of many hints of broken promises, that are now immortalized on the blockchain (technically on blockchain.info, yes), and in several posts, just browse the previous pages.
sr. member
Activity: 476
Merit: 250
Also, Labcoin and TheSweed come online all the time, TheSweed was online an hour ago.  They could have cleared the mining thing up but didn't bother to do so.

they're letting a hash rate of 0 speak for itself.
full member
Activity: 203
Merit: 100
Whats with all the hate? Labcoin hasn't lost anyone anything, it's only the idiots who have lost money.

IPO price 0.001, if it was below this now then you could start making accusations about them being a scam/fraud ect. But no company in history has ever delivered an always postitive return. Each day stocks go up and down!

If you bought in high its your own fault, if you then sold low, that makes you an idiot or someone who is cutting their losses you cant blame this on anyone else.

It think the hate comes from the fact that ActM shares are below the IPO price.   Grin

and the people who bought at .0034 and sold at a loss  Cheesy
sr. member
Activity: 476
Merit: 250
I said early on that you shouldn't invest if you don't trust the people running it, and clearly they've burned through their trust at this point.
I hear ya, but greed gets in the way for most people, and when Mabsark and crew get on here and psot 1/2 page posts with tons of math that ends with "you'll be rich!", people go crazy.

Looking back, it's always easy to see.  But, when you are in the thick of it, it's difficult.

Everyone here says I'm FUD, but even I was late to the realization that incompetence and lying are a terrible mix for this type of company in this type of economy.  I was lucky, I got out after the 5th or 6th lie/broken promise.  But really, why did it take 5 to make me start questioning this?

In the end, we can only learn from things like this, but I sincerely hope that someone DOES learn from this experience.

yet, I see people buying... 
sr. member
Activity: 252
Merit: 250
Whats with all the hate? Labcoin hasn't lost anyone anything, it's only the idiots who have lost money.

IPO price 0.001, if it was below this now then you could start making accusations about them being a scam/fraud ect. But no company in history has ever delivered an always postitive return. Each day stocks go up and down!

If you bought in high its your own fault, if you then sold low, that makes you an idiot or someone who is cutting their losses you cant blame this on anyone else.

It think the hate comes from the fact that ActM shares are below the IPO price.   Grin
legendary
Activity: 882
Merit: 1000
Whats with all the hate? Labcoin hasn't lost anyone anything, it's only the idiots who have lost money.

IPO price 0.001, if it was below this now then you could start making accusations about them being a scam/fraud ect. But no company in history has ever delivered an always postitive return. Each day stocks go up and down!

If you bought in high its your own fault, if you then sold low, that makes you an idiot or someone who is cutting their losses you cant blame this on anyone else.

You forgot the post from labcoin to advice us to but because the price is cheap several days ago, when the price was still above 0.002.

People buy stock according to the official information given by the company, so a company IS guilty if they announce false information to affect the market. Now labcoin has already made a lot of lies to pump the share price. You are still defending him.
full member
Activity: 238
Merit: 100
Whats with all the hate? Labcoin hasn't lost anyone anything, it's only the idiots who have lost money.

IPO price 0.001, if it was below this now then you could start making accusations about them being a scam/fraud ect. But no company in history has ever delivered an always postitive return. Each day stocks go up and down!

If you bought in high its your own fault, if you then sold low, that makes you an idiot or someone who is cutting their losses you cant blame this on anyone else.

Quote
Again, we advise anyone to purchase more shares now that they are cheap.

Remember that? That line was when the price was what, 0.0028 or something? They were telling people they should buy the stock when it was "cheap" so clearly they believed, and told people, to buy when it was higher then 0.001.

And anyway, these people actually have less credibility then they did when they had the IPO. They've proven themselves to be incompetent and bad communicators.

Also, Labcoin and TheSweed come online all the time, TheSweed was online an hour ago.  They could have cleared the mining thing up but didn't bother to do so.
sr. member
Activity: 476
Merit: 250
Whats with all the hate? Labcoin hasn't lost anyone anything, it's only the idiots who have lost money.

IPO price 0.001, if it was below this now then you could start making accusations about them being a scam/fraud ect. But no company in history has ever delivered an always postitive return. Each day stocks go up and down!

If you bought in high its your own fault, if you then sold low, that makes you an idiot or someone who is cutting their losses you cant blame this on anyone else.

yeah, it's your fault they lied to you!
full member
Activity: 160
Merit: 100
Whats with all the hate? Labcoin hasn't lost anyone anything, it's only the idiots who have lost money.

IPO price 0.001, if it was below this now then you could start making accusations about them being a scam/fraud ect. But no company in history has ever delivered an always postitive return. Each day stocks go up and down!

If you bought in high its your own fault, if you then sold low, that makes you an idiot or someone who is cutting their losses you cant blame this on anyone else.
full member
Activity: 238
Merit: 100
we advise anyone to purchase more shares now that they are cheap.

The technical things wouldn't have been a huge problem if they'd been straightforward about what was going on.  Technical problems happen.  The problem is, without trust there is zero reason to invest in this company, other then as a pure roll of the dice that maybe they'll pull through.  

We don't know what's going to happen the next time there's a technical problem.  What if they have issues with their 65nm chip? Are they going to lie and cover it up again, and again, crash the share price while they try to fix it while keeping investors in the dark?

There also seems to be an internal communications problem.  Clearly TheSwede has no idea what's going on.  But isn't it also possible that Sam doesn't have any clue either? He's also not a technical person, supposedly.

Soooo.... what exactly is the justification for investing in this company at this point? I said early on that you shouldn't invest if you don't trust the people running it, and clearly they've burned through their trust at this point.
sr. member
Activity: 308
Merit: 250
I need to count up all the broken promises/lies.  
I know of at least 15, probably close to 20, and that's not even counting the locking of the shares ans shit like that.

So, it has taken at least 20 blatant lies for people to wake up, and yet, some people are still buying... Roll Eyes

Cheap shares, remember ?
1/2 price!!!
get 2000 for the price of 1000
sell 100 for the price of 120 weeeheee math will win this xD
love the ignorelist. makes this thread kinda intimate for us Cheesy
sr. member
Activity: 476
Merit: 250
I need to count up all the broken promises/lies. 
I know of at least 15, probably close to 20, and that's not even counting the locking of the shares ans shit like that.

So, it has taken at least 20 blatant lies for people to wake up, and yet, some people are still buying... Roll Eyes

Cheap shares, remember ?
1/2 price!!!
hero member
Activity: 1008
Merit: 537
I need to count up all the broken promises/lies. 
I know of at least 15, probably close to 20, and that's not even counting the locking of the shares ans shit like that.

So, it has taken at least 20 blatant lies for people to wake up, and yet, some people are still buying... Roll Eyes

Cheap shares, remember ?
sr. member
Activity: 476
Merit: 250
Ouch. That sting you die hard cheerleaders are feeling is reality smacking you in the chops. These guys have been burning trust ever since they said they'd lock their shares and failed to do so. The situation has never improved.

it has gotten so much worse since you left.
sr. member
Activity: 476
Merit: 250
I need to count up all the broken promises/lies. 
I know of at least 15, probably close to 20, and that's not even counting the locking of the shares ans shit like that.

So, it has taken at least 20 blatant lies for people to wake up, and yet, some people are still buying... Roll Eyes
sr. member
Activity: 434
Merit: 250
Actually they have been keeping their word recently posted update friday on time, posted address on wenesday, within 12 hours much earlier they signed it and hashed on Slush's pool.

If we go by their recent history they are keeping their words.

dude, seriously, don't even try that bullshit:

The website will be updated this week in order to show our live hashing rate

We're mining in solo mode but live hashrate will be shown on our website next week.

we will deploy the same mechanism ASICMINER uses for signing found blocks and publish them on our website.

We will post board picture and more within the weekend, and as soon as we reach 10 TH of deployed hardware block labeling will be mirrored on the site with other stats like speed, etc.

We promise pictures of some boards mining will be up for this weekend.

We do not have 10 TH of chips out of nowhere, we said that we will setup block labeling as soon as we reach that speed, which could be on the first days of october, so in "about" two weeks, or mid october.

The next update will include a mining address as well.

Next proof to be posted will be mining address, clearly showing the rate of blocks creation.

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.

First dividend payment is due  on tuesday 17 September

We haven't failed to deliver, the fact that we aren't posting more pictures isn't proof that we are not mining. We are indeed mining but there are issues to solved before we get to labeling blocks, as we said.

Dividend day was previously miscalculated, i apologize, expect the first payment on Tue 24/9 and mining address proof in less than 24 hours as promised.

Of course anyone can create and sign an address, I do not expect this to do anything until the point that mining starts.

Ouch. That sting you die hard cheerleaders are feeling is reality smacking you in the chops. These guys have been burning trust ever since they said they'd lock their shares and failed to do so. The situation has never improved.
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