[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 556.

Vigil

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Quote from: creativex on September 11, 2013, 08:38:56 PM

Correct, but you said:

Quote

he only offered some advisory information on the 65nm chips.

Which is not accurate. He's involved with the important part of labcoin's venture, and that's a huge plus.

But that says nothing about what is currently happening and whether they legitimately are generating 2TH or more. It says nothing about what the current share price should be. That is something which will become a factor in the coming months. We are trying to ascertain the current situation and judge our investment actions accordingly.

creativex

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Activity: 434

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Correct, but you said:

Quote

he only offered some advisory information on the 65nm chips.

Which is not accurate. He's involved with the important part of labcoin's venture, and that's a huge plus.

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: creativex on September 11, 2013, 08:32:30 PM

Nope. You have it backwards.

...and we didn't "find out" *I* posted the comments you're referencing.

http://bcoinnews.com/2013/08/08/labcoin-the-seven/

Well, great job. But I don't have it backwards.

Quote

I can’t really comment on that because I wasn’t involved in the development of them besides giving them some general hints what can be optimized etc.
<[7]> i’m mostly involved with the second generation chips
65nm chips?
<[7]> yes, they are actually developing something, definitely. I just can’t comment on how successful it will be

He says he can't really comment on the current gen because he wasn't involved, he is mostly involved in the second generation of chips.

creativex

sr. member

Activity: 434

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Nope. You have it backwards.

...and we didn't "find out" *I* posted the comments you're referencing.

http://bcoinnews.com/2013/08/08/labcoin-the-seven/

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: creativex on September 11, 2013, 08:24:09 PM

Yes. Sparmann's involvement in this project is one of the best reasons NOT to sell.

TheSwede75 is just a mouthpiece. If Michael was wasting his time posting instead of doing what he does, then it'd definitely be time to sell.

But we just found out he isn't really involved in the current phase of Labcoin, he only offered some advisory information on the 65nm chips.

creativex

sr. member

Activity: 434

Merit: 250

Yes. Sparmann's involvement in this project is one of the best reasons NOT to sell.

TheSwede75 is just a mouthpiece. If Michael was wasting his time posting instead of doing what he does, then it'd definitely be time to sell.

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: creativex on September 11, 2013, 08:21:23 PM

Quote from: Vigil on September 11, 2013, 08:08:23 PM

Quote from: wickedgoodtrader on September 11, 2013, 08:07:30 PM

Quote from: BitThink on September 11, 2013, 08:05:24 PM

Since the last collapse cause by TheSwede, all news came from 'labcoin'. Therefore, I don't think anything said by theSwede counts. Maybe what he said just represents himself.

The Swede and labcoin are the same person

The Swede and The Seven are the same - hence the similarity in the names.

Do you have any idea who TheSeven is?

Some, do you?

creativex

sr. member

Activity: 434

Merit: 250

Quote from: Vigil on September 11, 2013, 08:08:23 PM

Quote from: wickedgoodtrader on September 11, 2013, 08:07:30 PM

Quote from: BitThink on September 11, 2013, 08:05:24 PM

Since the last collapse cause by TheSwede, all news came from 'labcoin'. Therefore, I don't think anything said by theSwede counts. Maybe what he said just represents himself.

The Swede and labcoin are the same person

The Swede and The Seven are the same - hence the similarity in the names.

Do you have any idea who TheSeven is?

wickedgoodtrader

full member

Activity: 220

Merit: 100

Quote from: Vigil on September 11, 2013, 08:07:49 PM

Quote from: wickedgoodtrader on September 11, 2013, 08:06:40 PM

Quote from: Vigil on September 11, 2013, 07:47:05 PM

Quote from: wickedgoodtrader on September 11, 2013, 07:44:45 PM

You idiots are waiting for an announcement that already came

That was an announcement of an announcement - doesn't count. we were told we would be receiving pictures and details regarding the mining and webpage within 48 hrs.

Lol... none of their announcements should count then because they are all completely empty of proof. And nobody said anybody would be "receiving pictures and details regarding the mining and webpage within 48 hrs." They left themselves open for another empty update whenever it comes.

OK, none of their announcements count then. It is all a huge lie.

Exactly

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: wickedgoodtrader on September 11, 2013, 08:07:30 PM

Quote from: BitThink on September 11, 2013, 08:05:24 PM

Since the last collapse cause by TheSwede, all news came from 'labcoin'. Therefore, I don't think anything said by theSwede counts. Maybe what he said just represents himself.

The Swede and labcoin are the same person

The Swede and The Seven are the same - hence the similarity in the names.

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: wickedgoodtrader on September 11, 2013, 08:06:40 PM

Quote from: Vigil on September 11, 2013, 07:47:05 PM

Quote from: wickedgoodtrader on September 11, 2013, 07:44:45 PM

You idiots are waiting for an announcement that already came

That was an announcement of an announcement - doesn't count. we were told we would be receiving pictures and details regarding the mining and webpage within 48 hrs.

Lol... none of their announcements should count then because they are all completely empty of proof. And nobody said anybody would be "receiving pictures and details regarding the mining and webpage within 48 hrs." They left themselves open for another empty update whenever it comes.

OK, none of their announcements count then. It is all a huge lie.

wickedgoodtrader

full member

Activity: 220

Merit: 100

Quote from: BitThink on September 11, 2013, 08:05:24 PM

Since the last collapse cause by TheSwede, all news came from 'labcoin'. Therefore, I don't think anything said by theSwede counts. Maybe what he said just represents himself.

The Swede and labcoin are the same person

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: BitThink on September 11, 2013, 08:05:24 PM

Since the last collapse cause by TheSwede, all news came from 'labcoin'. Therefore, I don't think anything said by theSwede counts. Maybe what he said just represents himself.

No excuses, we should have evidence by now. All they have to do is take some decent photos of their boards and rack and then provide verifiable proof they are hashing.

wickedgoodtrader

full member

Activity: 220

Merit: 100

Quote from: Vigil on September 11, 2013, 07:47:05 PM

Quote from: wickedgoodtrader on September 11, 2013, 07:44:45 PM

You idiots are waiting for an announcement that already came

That was an announcement of an announcement - doesn't count. we were told we would be receiving pictures and details regarding the mining and webpage within 48 hrs.

Lol... none of their announcements should count then because they are all completely empty of proof. And nobody said anybody would be "receiving pictures and details regarding the mining and webpage within 48 hrs." They left themselves open for another empty update whenever it comes.

BitThink

legendary

Activity: 882

Merit: 1000

Since the last collapse cause by TheSwede, all news came from 'labcoin'. Therefore, I don't think anything said by theSwede counts. Maybe what he said just represents himself.

limbaugh

legendary

Activity: 1311

Merit: 1000

Quote from: Vigil on September 11, 2013, 08:02:32 PM

Quote from: Bitcycle on September 11, 2013, 08:00:32 PM

The company is well aware of the need to provide evidence of hashing at this point.

They've had more than enough time to provide this evidence, and they are choosing not to do so.

Why?

Cause either they are not hashing or not hashing as effectively as they claim.

Damn, I just dumped a little bit more. My bag is getting smaller.

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: Bitcycle on September 11, 2013, 08:00:32 PM

The company is well aware of the need to provide evidence of hashing at this point.

They've had more than enough time to provide this evidence, and they are choosing not to do so.

Why?

Cause either they are not hashing or not hashing as effectively as they claim.

Bitcycle

sr. member

Activity: 420

Merit: 250

The company is well aware of the need to provide evidence of hashing at this point.

They've had more than enough time to provide this evidence, and they are choosing not to do so.

Why?

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Quote from: dwdoc on September 11, 2013, 07:49:56 PM

Quote from: TheSwede75 on September 09, 2013, 09:23:15 PM

I have gotten a few PM's and just wanted to show up and ensure people that I have not disappeared. I talked to Sam and there will be an update in the next 48 hours.

I am traving but will coordinate with Sam and update the forum, blogs and other news sources as we have info.

TLDR: not dead, info coming. I meant to update earlier but have been somewhat out of Internet due to travel.

Wickedgoodtrader's point is that this was made since then:

Quote from: TheSwede75 on September 10, 2013, 06:55:23 PM

As 'usual' when the share price moves I get a lot of PM's. Nothing has changed, and as usual I will not give out any information via PM or trade based shares based on any 'non public' information. Of course I have no clue why the share prices moves up or down, but that's just the market.

I guess I could also mention that the speculation that Labcoin somehow has been mining since mid-August "without telling anyone" is a 'little' funny as you can probably understand that Labcoin has all the motivation in the world to publish has rate etc. with 30% of the company being held by the founders.

However, if the Labcoin team somehow has developed a method that allows them to mine with ASIC before miners are actually constructed I would assume that to be very positive news (<- Joking)

The website will according to Sam be updated 'soon' and I am hoping to have a time for the launch of the redesign/functionality shortly.

Which he thinks was the update mentioned in your quote. I think it's pretty obvious that isn't the case. Notice that even in this announcement of an announcement we see the infamous 'soon'. Looks like LC is taking its shareholders deeper down the 'soon' rabbit hole.

physalis

sr. member

Activity: 392

Merit: 250

Quote from: JohnyBigs on September 11, 2013, 07:28:49 PM

Pictures/updates will occur soon according to that statement. Probably before the 1st dividend.

Soon, uhuh.
Remember the earlier statement..?

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 556. (Read 1079974 times)