That was really dumb of Swede to post. Hi, I can't get a hold of the company with all of your money? Are you kidding? First, even if you can't get a hold of him you shouldn't post such non sense.
Post something generic, no news update yet, should be soon ect. blah blah. The fact that they have a communication problem is scary.
You seem to be twisting his words quite a bit.
Let me quote:
"I just wanted to stop by and say that I have not been able to talk to Sam
today. I do realize that "next week" is here and as soon as I have anything to report I will. I realize a "nothing to report yet" report is just that, but as soon as I hear anything it will be posted here and on BTCT.CO news section."
I appreciate this update, and is much better than
silence. You want to know how much silence will rip you apart? -- Go look at activemining. Ken is a
silent prick who doesn't give updates at all. Meanwhile his shareholders are shitting their pants.
Be grateful that we heard TheSwede say something. 1 day of no communication is
okay. 3 weeks of no communication from ken slaughter is not. As far as I'm concerned, Labcoin is still the best with informing us with up to date information, even if the update is "sorry, not yet". Activemining investors are begging Ken to do SOMETHING. Even a fart would be amazing. Labcoin investors are spoiled brats, and should shut the fuck up, IMO.
Anyone else find it funny (tragic) that in 10-20 pages of mostly useless rants and FUD, VE manages to have one of the calmer and more rational comments? +1 for everything he said. I'd like to add:
We are investing in a Chinese bitcoin mining startup. Language, time zones, priorities, etc are all going to get in the way of the stable path to Rick Jones status.
There are going to be times when it sucks not having enough information. For all those who are so ready to break out the "there are no chips, they're running off with our BTC, it's a scam" mantra - there are real world consequences for someone to attempt this. For most business owners that have a lot to lose, this isn't the kind of money that you risk jail time or worse with. Is it possible? Yes. It's not probable though, especially in China where the authorities frown upon fraudulent crowd-funding.
Also, they're communication leaves a lot to be desired. Many otherwise solid companies have this problem though and I'd prefer they were a solid engineering company with mediocre communications than the other way around.
Stop freaking out - unless you have your credit card maxed out on LC, hoping that it makes you rich then you should be comfortable with your investment. If you're that guy, don't be that guy or good luck.
You can save on your potatoes too.
