Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
jimmothy
on 28/10/2013, 07:30:47 UTC
Seriously, a few more weeks and I'll have my entire purchase cost of 2 btc paid for.

So in a few weeks, you will have reaped enough profit from this scam, even though that profit is paid by defrauded IPO investors, that makes you happy and we shouldnt take any action against labcoin until after you got your share of the loot.

How is Labcoin a scam? They are a bitcoin mining company and they are currently mining bitcoins. Think about this, why would a scammer raise 7200 btc in the IPO, pay for some guy to design asics for you who quits, then proceed to continue to get working asics mining and pay out dividends. Where is the scam? What would a scammer have to gain from going through all the trouble of being a legit mining company? A scammer would have took the 7200 btc from the IPO and disappeared.