Many of you are going to learn a hard but valuable lesson about greed here.
Really, guys, just read and understand what's in
the warning link that is on every page in this subforum.
Especially pay attention to point 2 and 7:
2. Provides no evidence of business activity
They refuse to show what they are investing their capital, what products(s) or services they are selling, and who the customers are. By contrast a mining corporation will be able to provide pictures of hardware and statistics of how many BTC generated per month.
7. A Super Majority of Non-Investors view it as a Ponzi scam
If a business is only defended as legitimate by those who are invested in it, while the overwhelming majority of individuals who have no money to gain from taking a position see it as a ponzi scam -- it is likely that the non-investors are more trustworthy in their assessment.
And especially think about point 7 here. Why do you think all these people are pointing out that this is a scam? Do you really believe they are all just trying to lower the share price so they can get cheap shares? Or they envy you and want this to be a scam? No. They are the ones who can be objective here, since they don't gain anything from taking a position.
Just take a step back, imagine that you were not invested in this, and try to read the updates from labcoin like a neutral person.
Go back and look at all the past posts from labcoin with a neutral view and think on every update "ok, now would be the time to show something real, some actual proof" and then watch how they weasel themselves out of providing evidence. They can't take pictures because their team is scattered across countries? Come on, people. We're on the internet, it takes seconds to send a pic around the globe. That excuse, like all the others, is ridiculous.
Then, if you're starting to get some doubt, take the only picture they have ever provided, the one with
"their chips".
It doesn't take a photoshop expert to see that was fucked around with. Zoom in and you will see that there was a logo/text on the chip that was removed.
And labcoin's answer to someone pointing that out? "The chip picture may present some artifacts due to rough chip packaging commanded by hurry to get the IC delivered."
Jesus fucking christ. That is not a production error, that is not a chip that got scratched, that is obviously photoshop clone tool. In hindsight, I can't fucking believe I didn't check and notice that earlier. Like all of you, I wanted to believe, I wanted this to be real.
Greed is a very powerful emotion.
