Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 757. (Read 1079974 times)

Good luck to them catching the falling knife!

I wouldn't count friedcat out yet.  He is always one step ahead it seems. 

Not really. Their shares have been highly overvalued for a while now in my opinion. I wouldn't buy any above 2 btc.
I think something like 3.5 btc was possibly a fair value for when they had 20% of the network and it looked like they could hold that.
Now they have 5%.

Your period looks lonely, and what the hell is a ppl?

Is the other way . Ppl will rush to buy cheap AM shares.

Wow, people are really overreacting on ASIC Miner.  Oh well.

It will be gone by tomorrow, just look at all the money leaving ASIC miner

We will see which wall is going to fall.

People amuse me, being in such a hurry to give their money away.

The wall won't last through the day.

its not a micro wall anymore ... it just grew x5

Holy crap things are heating up this morning....starting to eat into the micro-wall at 0.3.

True

At least they know what they are doing and expecting from this company now.

Indeed THE monarch, what a blast the guys @ BFL should have had.. After all the shit (and ongoing) people are still ordering..

Imagine the human brain is like a transistor, except of electrons (or holes) it carries information.  Attention charge on the gate. And the amount of information is the voltage at the source - the more of it faster information flows in when the gate is on.

But, like a transistor, a brain can become saturated. You might think providing more information would cause it to get soaked up faster, but instead all it does is create frustration and anger, the way a transistor starts to emit photons and phonons and generally just get hot when it tries to travel more quickly then material's carrier mobility will allow.

Providing more information cognitively limited isn't going to speed up the learning process.  Some people simply lack the channel capacity to ever really understand what's going on.

Also, he's just spreading fud to get the price to drop.  The problem is, it's not even very compelling.  Labcoin is a scam because some internal corporate documentation isn't well designed? Because someone dropped the possessive on "master's degree" on a document mostly written in Chinese?

The guy doesn't even understand what TheSweed's relationship is with Labcoin, he thinks the guy is a random poster with no relationship - or even someone who's just a 'secret' shill instead of the guy who managed the IPO.


Or xCrowd.  The biggest "Scam" tell is their high quality artwork - and bizarrely over-designed mining boxes.

As far as BFL goes, the graphic design they slapped up for the Monarch is pretty sad though. I mean, A) That card will never be able to dissipate 350W of heat, and they didn't even put the right PCIe connector on it! They've already said bulk cards won't even ship until February.  And people are still throwing money at them.

BTW, scam always (almost) have good webdesigners. See BFL xD

EDIT: A wordart logo tells me it's not a scam but only geeks doing their jobs.

@qwertyqwerty... So your believe that labcoin is a one man show is backed by something other than your theory? Of course no one can tell for sure in the net but when you claim such things at least you should deliver indicators.
And whats so strange with a companies name registered some months ago when the company was created for a special reason?

Why do you claim the issuer is lazy now after he collected the money? Its again a theory you come up with. Normally one would think he is too busy doing all the work that has to be done. If you think its different you have to deliver indicators.

Yifu is a topic on itself, thats true. His explainations are... weak. A small amount of batches are in customs since 2 weeks while everyone waits since 5? And the amount is only a small amount? How can there be pictures of a mass of chips one month before, now two, and we still dont have the chips?
Yifu was ordering these chips already multiple times. There are no problems to await like with miners you have to create. You only order, receive and ship. Thats it. He did not explain why this should become problematic. Instead he claimed he had to hide from customers that visited parents of one of his employees to ask for more infos. The only reason someone had to go so far was the complete stop of communication from Yifu.
So no, Yifu is really a different topic.

Its correct, if one claims he will say a word he should keep his promise. Its bad behaviour otherwise.

>yes but you said simply keep out if you had doubts, then you go onto say you wrote to friedcat-  talking to friedcat and asking questions helped you address your concerns, reduce your risk and then you invested because you were happy enough. and so this is exactly what i am doing now.

Accepted. Clearing doubts is important. But i think its not normal that the CEO of a company is speaking with every shareholder. I think it should be good enough to speak with anyone from the company that can give informed answers.

>i agree with you..also there are other companies who will have asic finalized too and seem competitive

Which companies do you mean? Probably companies that want to sell those Asics only right? Thats nothing i would invest in since those miners are costly. Thats a downside against owning the design yourself.

>trutfully i can't say proof against this- only that scam does not necessarilly mean running off with money at first opportunity, I would call BS&T clear scam, but also I would call BFL a scam- even though they have delivered some hardware- i just don't know why there is some weird things in the security

Pirate and BFL are a scam and some kind of scam, i agree. But they work differently. They kept it running because they earned more money with this. Thats with BFL and pirate. But the issuer of labcoin cant do such...

Fuck CCP. It's humor, man.

I think it's funny you're bashing your own country so bad   I've noticed this a few times now
Since this thread is offtopic rambling for the most part anyway, do you mind me asking what the things are you don't like about it? It's always good to hear from a direct source and not what we're fed by the media.

That explains the TSMC logo ?xD