Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
Dividend day was previously miscalculated, i apologize, expect the first payment on Tue 24/9 and mining address proof in less than 24 hours as promised.
Okay guys, that means 07:45:36 PM UTC (server time), tomorrow.
I'm pretty convinced they haven't been mining much at all now. They may have just started in the last 24-48 hours.
There's not any other credible reason to delay releasing the address.
There's not any other credible reason to delay releasing the address.
Or they've had very bad luck. That's likely the reason for all the delays about posting the address. They're embarrassed about how few blocks they've found (likely zero)
Not likely. The Wednesday deadline was announced by labcoin himself when he could just keep silent. Why he was over optimistic after so many delay happened already. He could just say 'next week' than explicitly 'before Wednesday'.
Technically speaking 07:46:36 PM UTC is still prior to Wednesday shifting off the globe and out of existence. That will happen 10:59:59.9999..... UTC. So he hasn't actually "shifted" his date, yet.
EDIT: Initially had the incorrect timestamp, it was 7:46, and I'd initially had it as 7:56.
My point is not whether they missed their deadline or not, but why gave explicit deadlines and wait to the last minute to trigger this kind of dump and pump again and again.