[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 436.

Ytterbium

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Quote from: BombaUcigasa on September 14, 2013, 02:39:03 PM

Quote from: labcoin on September 14, 2013, 12:10:45 PM

We are here to stay and everyone who is having doubts will have to change his opinion once we show what we achieved.
Again, we advise anyone to purchase more shares now that they are cheap.

Do you still confirm that these two pictures represent reality?

If so, please explain how the number of pins is different (128 vs 44) between the design and the boards/tray. You may also explain how the "giggahashes" send the results to the internet through the resistor/capacitor pin (which seems to be the only one thing connectable on the board). Or perhaps you might think this board filled with hardware and software enthusiasts is full of morons that can't figure out you are technically unequipped to deliver your promise?

If you don't think a board can work without visible traces on the top layer can you explain how the bitfury H-board actually works, when there are no visible, top-layer traces between the chips and the capacitors or anything else, except for closed loops that connect back to themselves?

dexX7

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Quote from: somestranger on September 14, 2013, 06:55:19 PM

The boards they showed don't even have traces for the chips. How do you explain that?

Meh, sorry. What does "traces" mean in this context? Circuit paths? I'm not that deep into this topic, but maybe they are on the other side? Maybe the board manufactor even screwed up and some layers were not "printed". I have no idea. As far as I know they are in an experimental stage right now and I wouldn't wonder, if they do the tests on breadboards anyway, because they also said they aren't at a productional level yet. Edit: Ytterbium seems to know more about this.

But as said before, there are some things that seem strange, but I also think the current price reflects that. Thus it comes down to the "is it a full blown scam or or" question and I'm clearly in for the later.

Right now people are expecting "something" and Labcoin tries to deliver "something", but it clearly doesn't work to a satisfying degree and the number of angry posters as well as rushed answers from Labcoin shows that.

Edit:

Quote from: velacreations on September 14, 2013, 07:03:46 PM

really? you're gonna blame the crash on the shareholders, and not the guys that totally dropped the ball on the "announcement"

No, of course not. As said before "initiated by Labcoin, fueled by posters", dispite that, there was a huge level of tape painting involved.

Ytterbium

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Quote from: BombaUcigasa on September 14, 2013, 11:08:49 AM

All I see here in these pictures (both) are a single faced PCB, with no visible core vias, a grid of chip pads and what seems to be a bigger SMD pad like a capacitor or resistor. Only the SMD component seems to have visible vias which go and fill completely the connection pads at the end of the board. So the chip pads don't seem to connect to anything, and there is only one side shown in both pictures.

OMG, are you calling the traces on the top layer of the PCB the "Vias"? Vias are connections between layers Like this:

The vias are underneath the pads and would connect the chips to wires on other layers of the PCB

Look at the bitfury H-board

There are only traces on one of the four sides of the chip. According to your "analysis" that would mean only one side of the chip is connected to anything, and it's only connected to back to itself as well.

That's not how circuit boards work. There are vias that connect the multiple layers of the circut board. You can't see the vias if they are underneath the SMD pads.

There are likely vias underneath the pads for the chip.

I agree that Labcoin has done a bad job communicating and is probably having lots of technical problems.
And it's completely ridiculous for them to not post more photos.

However, claiming that the PCBs aren't connected is just completely ignorant of what real circuit boards actually look like. It's completely ridiculous nonsense.

You're even using the terminology completely incorrectly. The flat lines on layers of the board are traces

Vais are links between layers:

Completely ridiculous.

Also, with the number of pins, chips typically have way more internal pads then external pins. The Avalon chip has far more pads then external pins. The reason is, most of those pads are just for power, not signals, and they are connected to the same external leads.

velacreations

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Quote from: dexX7 on September 14, 2013, 06:47:24 PM

Yes and no. Labcoin is not 100 % consistent which was the initial spark that triggert the recent sell-off. But since then it was fueled by more than 1000 posts of less than 15 users. (estimated)

I for one am sure that they are real and the update/pictures from yesterday showed that they are working on it. You can argue about the price, you can argue about the timeline and you can argue about the PR style, that's personal risk each one has to take for himself.

really? you're gonna blame the crash on the shareholders, and not the guys that totally dropped the ball on the "announcement" and failed to provide any tangible evidence that anything they said is true?

What about all the broken promises, like photos before the 10th, locking of shares, hash rate on the website, photos of the mining operation, etc, etc, etc?

nah, it's the fault of people on the forum, not the guys that were begging people to buy shares!

Grin

somestranger

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Are You Shpongled?

Quote from: dexX7 on September 14, 2013, 06:47:24 PM

Quote from: ?? on ??

This picture is not from Labcoin.

Quote from: jimmothy on September 14, 2013, 06:31:01 PM

In all seriousness I can't help but think this panic was caused intentionally.

Yes and no. Labcoin is not 100 % consistent which was the initial spark that triggert the recent sell-off. But since then it was fueled by more than 1000 posts of less than 15 users. (estimated)

I for one am sure that they are real and the update/pictures from yesterday showed that they are working on it. You can argue about the price, you can argue about the timeline and you can argue about the PR style, that's personal risk each one has to take for himself.

The boards they showed don't even have traces for the chips. How do you explain that?

dexX7

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Quote from: ?? on ??

This picture is not from Labcoin.

Quote from: jimmothy on September 14, 2013, 06:31:01 PM

In all seriousness I can't help but think this panic was caused intentionally.

Yes and no. Labcoin is not 100 % consistent which was the initial spark that triggert the recent sell-off. But since then it was fueled by more than 1000 posts of less than 15 users. (estimated)

I for one am sure that they are real and the update/pictures from yesterday showed that they are working on it. You can argue about the price, you can argue about the timeline and you can argue about the PR style, that's personal risk each one has to take for himself.

Mabsark

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Quote from: jimmothy on September 14, 2013, 06:31:01 PM

Quote from: ?? on ??

these are labcoins real revolutionary gen 2 65nm chips..these babys will hash away at a mindblowing
500000GH/S we are using a sea of hashers as in sea of gates approach

We want to reassure all investors that the pictures above are indeed real and the tray shown is loaded with our chips, just wait 6 weeks all will become clear

You can tell they are hashing quite well by the amount of chips missing. I would estimate at least 2 PH/s.

In all seriousness I can't help but think this panic was caused intentionally.

Nah, they were clearly delivered exactly as pictured. All 11 chips.

jimmothy

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Quote from: ?? on ??

these are labcoins real revolutionary gen 2 65nm chips..these babys will hash away at a mindblowing
500000GH/S we are using a sea of hashers as in sea of gates approach

We want to reassure all investors that the pictures above are indeed real and the tray shown is loaded with our chips, just wait 6 weeks all will become clear

You can tell they are hashing quite well by the amount of chips missing. I would estimate at least 2 PH/s.

In all seriousness I can't help but think this panic was caused intentionally.

Mabsark

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Quote from: CMMPro on September 14, 2013, 06:26:25 PM

Quote from: somestranger on September 14, 2013, 05:35:03 PM

Quote from: ?? on ??

these are labcoins real revolutionary gen 2 65nm chips..these babys will hash away at a mindblowing
500000GH/S we are using a sea of hashers as in sea of gates approach

We want to reassure all investors that the pictures above are indeed real and the tray shown is loaded with our chips, just wait 6 weeks all will become clear

Quote from: labcoin on September 09, 2013, 04:51:29 PM

As said, this is a legitimate operation, and all signs should point at that if you ask your common sense.
Our initial board design is quite rough while very functional, and pictures will be posted rather soon.

Quote from: labcoin on September 12, 2013, 07:25:44 AM

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

we kept this promise so you can surely trust us, what is a few months to wait?

Holy shit you have 500TH/s of chips !? Where do I send my bitcoins?

Is this a released photo or someone just screwing around?

Why did someone acetone the logo's off of those chips?
(I've done this before to obscure what chips I'm using in my designs.)

It's just someone screwing around.

CMMPro

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Quote from: somestranger on September 14, 2013, 05:35:03 PM

Quote from: ?? on ??

these are labcoins real revolutionary gen 2 65nm chips..these babys will hash away at a mindblowing
500000GH/S we are using a sea of hashers as in sea of gates approach

We want to reassure all investors that the pictures above are indeed real and the tray shown is loaded with our chips, just wait 6 weeks all will become clear

Quote from: labcoin on September 09, 2013, 04:51:29 PM

As said, this is a legitimate operation, and all signs should point at that if you ask your common sense.
Our initial board design is quite rough while very functional, and pictures will be posted rather soon.

Quote from: labcoin on September 12, 2013, 07:25:44 AM

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

we kept this promise so you can surely trust us, what is a few months to wait?

Holy shit you have 500TH/s of chips !? Where do I send my bitcoins?

Is this a released photo or someone just screwing around?

Why did someone acetone the logo's off of those chips?
(I've done this before to obscure what chips I'm using in my designs.)

HuLaN

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Quote from: labcoin on September 12, 2013, 07:25:44 AM

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

Quote from: labcoin on September 13, 2013, 10:07:33 PM

The next update will include a mining address as well. We are confident in fact that the price will raise tenfold in respect to IPO price in reasonable time, and advise anyone until 30/10/2013 to take any final decision.

Quote from: labcoin on September 14, 2013, 12:10:45 PM

We are here to stay and everyone who is having doubts will have to change his opinion once we show what we achieved.
Again, we advise anyone to purchase more shares now that they are cheap.

Quote from: labcoin on September 14, 2013, 12:19:12 PM

Next proof to be posted will be mining address, clearly showing the rate of blocks creation.
Probably no more pictures as they only do create more confusion.

Some of my favourite labcoin quotes from last 24 hours, I cant see how Labcoin could fail more even if they intentionally tried to. I mean seriously, Labcoin is promoting speculation of their stock? that people should jump in now that the stock is cheap? What company official does that publicly?

Mabsark

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Quote from: somestranger on September 14, 2013, 05:59:35 PM

Quote from: Mabsark on September 14, 2013, 05:38:47 PM

Quote from: somestranger on September 14, 2013, 05:30:37 PM

https://bitcointalksearch.org/topic/m.2814423

Not that picture, this one:

Where is the above image taken from because I can't see it on Labcoin's website. Someone is asking why the ICs are different. I'm asking if the one shown in the above image even has any relation to Labcoin.

Bro it is on page 1 of this thread! What are you talking about!?

That's probably why it looked familiar then, even though I couldn't see it on the Labcoin page Embarrassed

AngelSky

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somestranger

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Are You Shpongled?

Quote from: Mabsark on September 14, 2013, 05:38:47 PM

Quote from: somestranger on September 14, 2013, 05:30:37 PM

https://bitcointalksearch.org/topic/m.2814423

Not that picture, this one:

Where is the above image taken from because I can't see it on Labcoin's website. Someone is asking why the ICs are different. I'm asking if the one shown in the above image even has any relation to Labcoin.

Bro it is on page 1 of this thread! What are you talking about!?

bobsag3

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Owner, Minersource.net

Quote from: AngelSky on September 14, 2013, 05:47:45 PM

Quote from: ?? on ??

Quote from: somestranger on September 14, 2013, 05:35:03 PM

Holy shit you have 500TH/s of chips !? Where do I send my bitcoins?

well As we already stated, chip documentation isn't ready yet for public distribution. we are mining with them now but unfortunately The team is scattered on various countries, thus we have to coordinate to release anything. because the chips and board are are split into 3 different regions (china,europe,hong kong) without internet access, block chain has limitations on accessing from more than one country..im sure you understand our difficulty

We do not have 500 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 january, so in "about" two weeks, or mid july

We want to mention that we have received interview requests from several well know parties, FOX news being the most prominent and late progress with our 14nm design lead us to believe we will deploy 200-300 PH within 2012

We do believe in what we are doing and we will continue with the usual energy and dedication.
Again, advice for those who are holding is to wait until 30/13/2013 to take any final decision, those interested in acquiringshares should just take advantage of the current cheap prices.

You killed me Grin

i... what.... dont even

AngelSky

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Activity: 1008

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Quote from: ?? on ??

Quote from: somestranger on September 14, 2013, 05:35:03 PM

Holy shit you have 500TH/s of chips !? Where do I send my bitcoins?

well As we already stated, chip documentation isn't ready yet for public distribution. we are mining with them now but unfortunately The team is scattered on various countries, thus we have to coordinate to release anything. because the chips and board are are split into 3 different regions (china,europe,hong kong) without internet access, block chain has limitations on accessing from more than one country..im sure you understand our difficulty

We do not have 500 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 january, so in "about" two weeks, or mid july

We want to mention that we have received interview requests from several well know parties, FOX news being the most prominent and late progress with our 14nm design lead us to believe we will deploy 200-300 PH within 2012

We do believe in what we are doing and we will continue with the usual energy and dedication.
Again, advice for those who are holding is to wait until 30/13/2013 to take any final decision, those interested in acquiringshares should just take advantage of the current cheap prices.

You killed me Grin

Anotheranonlol

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Quote from: Mabsark on September 14, 2013, 05:38:47 PM

Where is the above image taken from because I can't see it on Labcoin's website. Someone is asking why the ICs are different. I'm asking if the one shown in the above image even has any relation to Labcoin.

http://www.labcoin.com/img/CEL.JPG

zumzero

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myBitcoin.Garden

My bad, they don't want another two weeks, they want SIX!!!

What a complete joke. Shocked

Mabsark

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Quote from: somestranger on September 14, 2013, 05:30:37 PM

Quote from: Mabsark on September 14, 2013, 05:25:35 PM

Quote from: Anotheranonlol on September 14, 2013, 05:20:23 PM

Quote from: Mabsark on September 14, 2013, 05:13:25 PM

Where's that picture of the IC from?

it's from their website

like swede claimed, the team are engineers so couldn't possibly show any renders, fakes or mockups Roll Eyes

I'm looking at their website and can't see it. Can you provide a link to it?

http://labcoin.com/images/Untitled-1_15.jpg
https://bitcointalksearch.org/topic/m.2814423

Not that picture, this one:

Where is the above image taken from because I can't see it on Labcoin's website. Someone is asking why the ICs are different. I'm asking if the one shown in the above image even has any relation to Labcoin.

somestranger

hero member

Activity: 487

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Are You Shpongled?

Quote from: ?? on ??

these are labcoins real revolutionary gen 2 65nm chips..these babys will hash away at a mindblowing
500000GH/S we are using a sea of hashers as in sea of gates approach

We want to reassure all investors that the pictures above are indeed real and the tray shown is loaded with our chips, just wait 6 weeks all will become clear

Quote from: labcoin on September 09, 2013, 04:51:29 PM

As said, this is a legitimate operation, and all signs should point at that if you ask your common sense.
Our initial board design is quite rough while very functional, and pictures will be posted rather soon.

Quote from: labcoin on September 12, 2013, 07:25:44 AM

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

we kept this promise so you can surely trust us, what is a few months to wait?

Holy shit you have 500TH/s of chips !? Where do I send my bitcoins?

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 436. (Read 1079974 times)