Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
My view is that it's not a scam, just a fuckup. The fuckup was compounded by sam coming on here and making promises he couldn't deliver on. (like "we'll be back on the btcguild top 25 in an hour!") which made it look a lot more like a scam and like he was completely incompetent.
Yes and probably shitting the backlash from the community, look at the thread 500 pages ago. He was getting the Spanish Inquisition from the fudsters, I would say fuck it and not communicate and put the effort into getting it fixed. [etc., etc.]
It didn't start out as a scam. He wasn't a bright child, but he was likable and played well with others... Somewhere between then and now something went wrong, and now we're here, and here sure looks, smells & acts like a scam.
Wut do
