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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 38. (Read 1079974 times)

legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
So does this mean there is the possibility of life after death, that all those people who lost thousands, but figured screw it, minds well just hold them as a lottery ticket, may possibly be winning the lottery.
.

yes & the ones who bought on the way down have done well, but the true traders have done the best. i'm happy I have 10 times what I had @ IPO. Havelocks prices are almost @ IPO again
sr. member
Activity: 560
Merit: 250
lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little

Even then i wont be happy since that still can be faked. He had enough bitcoins to buy a big chunk of knc jupiter that he now could assemble. The time when i will be happy will be when i believe that the Hashrate cant be faked anymore.

Again this is bad logic. Why would he do this now, when he could have done this months ago to fake it.

Dont get me wrong. I want labcoin to succeed since im a not small "bagholder". I couldnt sell it without realizing a huge loss so i rather let it invested to gamble. Of course i want it to succeed.

Im simply not so sure anymore. A theory might be that Sam bought 6 knc jupiter for 300btc only. I know that knc delivered many miners in the last days since i did a not small amount of escrows for those miners. So even though they could have run already... they now have some more miners and they have a good amount of shares left. Getting on cryptoxchange and selling all those shares for a reasonable shareprice "might" be the last part of a scam.

So no, im not convinced yet. It still can be faked.

And yes, i want my shares to be worth much. But im not convinced fully yet.

Again why do this now once you destroyed your share price? They could of bought other hashing equipment to get 2TH, Avalons, BFLS, ASIC blades, much earlier and got the share price much higher.

Again non of this makes any sense. What also doesn't make sense is selling 3 million shares for an extra 100K when they already have 700K.

Do you honestly think all this extra effort is worth an extra 100K?
sr. member
Activity: 560
Merit: 250
lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little

Even then i wont be happy since that still can be faked. He had enough bitcoins to buy a big chunk of knc jupiter that he now could assemble. The time when i will be happy will be when i believe that the Hashrate cant be faked anymore.

Again this is bad logic. Why would he do this now, when he could have done this months ago to fake it.

If the "a scammer wouldn't do X" logic worked, the simplest way to scam would be to do X.  Sure, he already has your coin, now he's just playing you 4 teh lulz.

Your dumb
full member
Activity: 126
Merit: 100
So does this mean there is the possibility of life after death, that all those people who lost thousands, but figured screw it, minds well just hold them as a lottery ticket, may possibly be winning the lottery.
sr. member
Activity: 336
Merit: 250
We are waiting for an announcement to see if they will be transferred here:

https://cryptostocks.com/securities/53
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
So can someone please help me understand: I had some Labcoin shares when BTC-T shut down while labcoin was crashing, now labcoin is actually hashing, when I log in to BTC-T I can still see my shares, but its impossible to trade them, so my question is, what is going to happen to those shares? Will they shut down with the site, or will they be transferrable.

either a new exchange & we will migrate or direct shares, to be frank we dont know for sure - but by the looks of havelock's rising price I think everyone who held is going to be happy
legendary
Activity: 994
Merit: 1000
So can someone please help me understand: I had some Labcoin shares when BTC-T shut down while labcoin was crashing, now labcoin is actually hashing, when I log in to BTC-T I can still see my shares, but its impossible to trade them, so my question is, what is going to happen to those shares? Will they shut down with the site, or will they be transferrable.

It looks like labcoin is moving to cryptostocks.com under the name LBC.  I assume by creating a cryptostocks.com account with the same email address as BTCT.CO will be sufficient for them to transfer your shares.

This is how PETA-MINE performed their transfer.
full member
Activity: 126
Merit: 100
So can someone please help me understand: I had some Labcoin shares when BTC-T shut down while labcoin was crashing, now labcoin is actually hashing, when I log in to BTC-T I can still see my shares, but its impossible to trade them, so my question is, what is going to happen to those shares? Will they shut down with the site, or will they be transferrable.
legendary
Activity: 1025
Merit: 1000
They are obviously using third party miners, it is an 'IceDrill' company now. Anything at this point is a bonus though, I guess.

He's buying time, and he is very good at it. Just check the bitdaytrade thread to see how good he is. More than a year has passed and some people still believe he will pay back:
https://bitcointalksearch.org/topic/glbse-bdt-3-weekly-interest-bond-backed-by-bitdaytrade-93445

Wow, they even have their own version of 'TheSwede'. We see a bigger picture there as well, 'Alberto promised us an update by the end of September', coinciding directly with Labcoin's schedule.  Seems he was planning to use one scheme to pay off the other.  
sr. member
Activity: 336
Merit: 250
 The expected generation output, at 2000 Ghps, given current difficulty of 189281249.28103 , is 5.31393566138 BTC per day and 0.221413985891 BTC per hour.

The expected generation output, at 3000 Ghps, given current difficulty of 189281249.28103 , is 7.97090349207 BTC per day and 0.332120978836 BTC per hour.

From #eligius on freenode

legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little

Even then i wont be happy since that still can be faked. He had enough bitcoins to buy a big chunk of knc jupiter that he now could assemble. The time when i will be happy will be when i believe that the Hashrate cant be faked anymore.

Again this is bad logic. Why would he do this now, when he could have done this months ago to fake it.

Dont get me wrong. I want labcoin to succeed since im a not small "bagholder". I couldnt sell it without realizing a huge loss so i rather let it invested to gamble. Of course i want it to succeed.

Im simply not so sure anymore. A theory might be that Sam bought 6 knc jupiter for 300btc only. I know that knc delivered many miners in the last days since i did a not small amount of escrows for those miners. So even though they could have run already... they now have some more miners and they have a good amount of shares left. Getting on cryptoxchange and selling all those shares for a reasonable shareprice "might" be the last part of a scam.

So no, im not convinced yet. It still can be faked.

And yes, i want my shares to be worth much. But im not convinced fully yet.
sr. member
Activity: 392
Merit: 250
can someone post the link to check the hash rate?
legendary
Activity: 980
Merit: 1040
ANd still not a single picture of their miners let alone some ID of "sam".

Are you guys seriously believing they just brought 1000 of their "invisible-chips-that-no-one-designed-or-taped-out" online in a few minutes?

Or are you just excited that a 7000 BTC IPO might have bought 150 BTC worth of KnC gear?
full member
Activity: 169
Merit: 100
hero member
Activity: 602
Merit: 500
member
Activity: 68
Merit: 10
We did hit 3TH/s for a brief moment there. Small victory.
sr. member
Activity: 766
Merit: 250
ANd here comes an announcement!
full member
Activity: 210
Merit: 100
lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little

Even then i wont be happy since that still can be faked. He had enough bitcoins to buy a big chunk of knc jupiter that he now could assemble. The time when i will be happy will be when i believe that the Hashrate cant be faked anymore.

Again this is bad logic. Why would he do this now, when he could have done this months ago to fake it.

If the "a scammer wouldn't do X" logic worked, the simplest way to scam would be to do X.  Sure, he already has your coin, now he's just playing you 4 teh lulz.
sr. member
Activity: 766
Merit: 250
Sam still deserves some pitchforking. He's done an awful job.  A minor success doesn't erase all that.

+1
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