These updates at dips are SUPER suspicious. Does anyone even know who labcoin is and how? Is it the swede under a new name? Is it a troll?
CNN and Bloomberg want interviews? 200-300 TH/s now? Is this real life?
Also about the comment about saying if they were fraudsters they'd be announcing delays. They would be doing the exact opposite so they can unload shares. They would announce the best possible scenario, which is essentially what they did.
Just as how the penny stocks in RL operate.
I'll spell it out step by step.
If they were fraudsters, they're now at the point where they have to start moving deadlines. They're scheduled to be hashing next week. If they aren't, then the price is going to plummet. A fraudster, who would of course know they weren't going to ever hit any deadline ever, would push the deadline out in small increments, keeping people's faith as long as possible, while they kept selling off.
Sticking to a deadline a fraud can't hit gives the scam a hard ending deadline. Stretching the deadline allows the scam to go on longer.
It's really quite simple if you take two seconds to think instead of reflexively type.
The fact that we aren't seeing any attempt at all to stretch a deadline is a strong indication they plan to actually hit it. It's the wrong move for a fraud to keep it solid.
The end.
