[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 497.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: N_S on September 13, 2013, 09:25:14 PM

This isn't FUD. We have stepped clear into the territory of abject scam.

man, for real. That was a surprise. I didn't expect actually refusing to EVER post evidence, and then promising double the hash rate by Dec.

Wow. They really have some balls.

And to top it all off, those photos...
Grin

omg, you guys are too much!
Grin

what was that saying? for everyone selling, there is someone buying? hahaha those poor bastards.

physalis

sr. member

Activity: 392

Merit: 250

Quote from: chriswilmer on September 13, 2013, 09:27:19 PM

Could you help point out some of the photoshop evidence? I know it's obvious to you and I'm not disputing your claim, I'm just not good at seeing these things.

Phew, I don't know what to tell you... the whole thing is just completely off. The angles, the shadows... everything

Bitcycle

sr. member

Activity: 420

Merit: 250

Heh. That pic.

Heh.

Duffer1

full member

Activity: 227

Merit: 100

Quote from: Vigil on September 13, 2013, 09:29:39 PM

Quote from: Duffer1 on September 13, 2013, 09:28:46 PM

Quote from: Vigil on September 13, 2013, 09:27:50 PM

I don't think its a scam. I just think they got their shit later than expected and are still assembling boards.

Then what are they currently hashing with?

They aren't. They are still getting their boards together.

But they've told us they're hashing already.

N_S

full member

Activity: 238

Merit: 100

Anyone with half a brain should be able to see that they had all the reason in the world to post pictures with good lighting to prove their legitimacy. There are really no excuses or explainations here besides it being a scam.

MilkyLep

hero member

Activity: 583

Merit: 500

Bitcoin for all & all for Bitcoin

So you had people wait and wait.

For a picture, of bare chips and boards, un-assembled.

These components you put together days ago and are now hashing at 2TH?

But theres no picture of assembled miners, that have been hashing for days?

Why the delay for an outdated picture?

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

The panic selling hasn't started yet... GET OUT WHILE YOU STILL CAN!

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: Duffer1 on September 13, 2013, 09:28:46 PM

Quote from: Vigil on September 13, 2013, 09:27:50 PM

I don't think its a scam. I just think they got their shit later than expected and are still assembling boards.

Then what are they currently hashing with?

They aren't. They are still getting their boards together.

CMMPro

hero member

Activity: 588

Merit: 500

Quote from: zumzero on September 13, 2013, 09:26:19 PM

Labcoin knew EXACTLY what they needed to do tonight. If they could have provided the evidence the community are crying out for, they absolutely would have. No disputes.

The reality is they can't because they don't have the evidence to support their lies.

I'm calling this a scam. Simple.

+1

Sad thing is a lot of people lost part of their nest egg in the process.
We have to learn from these mistakes and do better in the future...for the good of bitcoin in general.

I only bought into this initially because they had well known guys like Swede working on their "team".
It lent credibility to the entire thing...

dwdoc

legendary

Activity: 966

Merit: 1000

- - -Caveat Aleo- - -

Good thing I didn't spend my dividends.

BitcoinForumator

legendary

Activity: 1120

Merit: 1000

Labcoin team singing.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

Quote from: Duffer1 on September 13, 2013, 09:24:14 PM

Quote from: labcoin on September 13, 2013, 09:20:17 PM

We want to reassure all investors that the pictures are indeed real and the tray shown is loaded with our chips, also shown are some blades of the miner kit without the controller board.

Labcoin

There was only 1 (shit) picture posted man. It's hard to overstate just how not good this is. FUDers will ride this one to 0019 with no way to stop them.

They don't need to mate. It's over and the smart ones are running for the exits right now. That's not FUDsters creating the crash, it's the clever shareholders (although I use the term 'clever' very loosley).

dhenson

legendary

Activity: 994

Merit: 1000

Quote from: chriswilmer on September 13, 2013, 09:27:19 PM

Quote from: physalis on September 13, 2013, 09:23:30 PM

Quote from: somestranger on September 13, 2013, 09:21:10 PM

Quote from: labcoin on September 13, 2013, 09:20:17 PM

We want to reassure all investors that the pictures are indeed real and the tray shown is loaded with our chips, also shown are some blades of the miner kit without the controller board.

Labcoin

Where is the proof that you're actually hashing at 2TH/s!? All this proves is you have chips and boards.

Jesus christ, that pic is a (terrible) photoshop!

Are you blind? Do you people have no fucking depth perception!?

Could you help point out some of the photoshop evidence? I know it's obvious to you and I'm not disputing your claim, I'm just not good at seeing these things.

It's not photoshop, it's just a really poor quality picture of the wrong thing.

It's getting really hard to come up with creative ways of defending this bullshit.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Duffer1 on September 13, 2013, 09:28:46 PM

Quote from: Vigil on September 13, 2013, 09:27:50 PM

I don't think its a scam. I just think they got their shit later than expected and are still assembling boards.

Then what are they currently hashing with?

Nothing, they fracking lied to us.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Vigil on September 13, 2013, 09:27:50 PM

I don't think its a scam. I just think they got their shit later than expected and are still assembling boards.

Well it would be nice if they admit to lying about hashing at 2TH/s.

Duffer1

full member

Activity: 227

Merit: 100

Quote from: Vigil on September 13, 2013, 09:27:50 PM

I don't think its a scam. I just think they got their shit later than expected and are still assembling boards.

Then what are they currently hashing with?

kingcrimson

legendary

Activity: 1025

Merit: 1000

Quote from: zumzero on September 13, 2013, 09:26:19 PM

Labcoin knew EXACTLY what they needed to do tonight. If they could have provided the evidence the community are crying out for, they absolutely would have. No disputes.

Exactly, and they are pulling a scam 101 move by failing to deliver, yet upping the ante of their promises.

wickedgoodtrader

full member

Activity: 220

Merit: 100

If you want to sell you better fucking sell right now. It's beyond me that this thing hasn't already dropped below IPO price.

limbaugh

legendary

Activity: 1311

Merit: 1000

That was fun. I hope you bag holders don't take it too hard. Congrats to those that bailed in 5 seconds after the post! You suck balls Labcoin!

San1ty

sr. member

Activity: 462

Merit: 250

Wow the breaks aren't on yet, more dumps incoming!

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 497. (Read 1079974 times)