My bet is that labcoin probably isnt a scam, it is just terribly behind schedule with no actual mining power yet. Hence the lack of mining address + lack of dividends. Labcoin prematurely announced that it had 2TH and now they are just too afraid to walk back this statement, so instead they let it simmer there and are left exposed to being accused of being a scam when in reality they are just horrible at PR and severely overestimated their engineering skill at the same time.
It's funny how by now the fucking best case scenario to you people is that they are completely behind schedule and lying their ass off about it constantly in the most deceiving ways.
You rationalize it and try to find elaborate excuses instead of just accepting that "they" are not only lying about being on schedule, but that "they" are also lying about everything else.
I actually have no shares in this thing and just make profit off the large scale dips and climbs so I dunno who you mean by "you people"
"You people" who are still defending it.
But actually, I suspect that by now, this stock probably consists of about ~80% people like you, who only trade it for the wild swings on the updates etc.
But that is a very foolish thing to do on a scam/ponzi/whatever. It's basically gambling, with the odds against you.
It only works for so long, and then all but a few lucky ones get burned.
