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Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 160. (Read 452224 times)

hero member
Activity: 509
Merit: 500
Official LRM shill
havelock?

What about btcinve.com?

While I haven't heard anything concrete, I don't think Lab_Rat is considering a third-party exchange.  BitFunder burned a lot of people pretty badly, and any exchange that gets big enough is going to run the risk of attracting legal attention from the US and having to shut down.  I have gotten the impression (which may be incorrect) that Lab_Rat is investigating an "in house" solution that will allow the automated trading of LRM bonds (and only LRM bonds).


grnbrg.
sr. member
Activity: 327
Merit: 250
Anyone can explain me why people its buying 0.10 shares when there's lots of them available for 10-15% less?

Are they hand outs in exchange of something?..
can't reach the sellers?
could be the basic "people its just dumb"...

What am i missing? =/

If I had to guess people are bypassing the cheaper shares to Invest directly back in to LRM. Those shares go directly to LRM where he will be using them to purchase more Hashing power and whatever else the company needs. If you buy the cheaper shares those shareholders get the BTC.
full member
Activity: 140
Merit: 100
Anyone can explain me why people its buying 0.10 shares when there's lots of them available for 10-15% less?

Are they hand outs in exchange of something?..
can't reach the sellers?
could be the basic "people its just dumb"...

What am i missing? =/
newbie
Activity: 25
Merit: 0
What about btcinve.com?
hero member
Activity: 509
Merit: 500
Official LRM shill
I know if I were getting into BTC, I would be very deterred to purchase bonds through a forum.

That's part of the reason I sign and post every transaction, and run the escrow through one address...

If you look through https://blockchain.info/address/1EYVW3ZUu3R8fd3xtWi5jh4ceTXZ7Z1uht you can base your risk on that.

Yes, buying through a forum will give some pause, but this should make people more comfortable than sending BTC to more or less random people claiming to have bonds for sale.


grnbrg.
newbie
Activity: 18
Merit: 0
And just to be clear - grnbrg is an awesome human being. Don't think I prefer the company of a cold, calculating exchange algorithm to grnbrg. Its just this whole liquidity thing. You understand, right grnbrg?
Completely.  As much as I enjoy helping Lab_Rat out with this, and as staggeringly cool as it is to have my phone go "Bing!  Someone just sent you $2000+!" I will not be sad to see an automated platform.  Much more liquidity, and much less of a PITA for myself.


grnbrg.

havelock?

+1 for Havelock. I believe the current fees are:

Listing Fee - 5% of raised capital per fund
Monthly Maintenance Fee - 1BTC / Month
Exchange Fees - 0.4% of any SOLD unit

This will eat into our profits, but I would imagine having a reliable and easily accessible means of trading our bonds would bring in a lot more action (especially with the latest LRM announcements). I know if I were getting into BTC, I would be very deterred to purchase bonds through a forum.
member
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Merit: 10
An independent miner.
Hey hamburgerhelper - you might find this http://invictus-innovations.com/i-dac interesting.  The guys at Invictus will be the first to admit they are computer scientists, not artists, so the site is not super slick -- but their future plans are nothing but exciting!

I've got some Protoshares myself. I'm anticipating big things to come out of Invictus.

I'm pretty sure exchanges will be made possible as a DAC using their technologies.  Mastercoin http://www.mastercoin.org/#features will also enable trading as a layer on top of the Bitcoin network.  Unfortunately both solutions are pretty far from release.

I think it's worth mentioning both as possibilities for trading a year from now but something else will probably need to be done in the interim.
hero member
Activity: 896
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Dolphins Finance TRUSTED FINANCE
And just to be clear - grnbrg is an awesome human being. Don't think I prefer the company of a cold, calculating exchange algorithm to grnbrg. Its just this whole liquidity thing. You understand, right grnbrg?
Completely.  As much as I enjoy helping Lab_Rat out with this, and as staggeringly cool as it is to have my phone go "Bing!  Someone just sent you $2000+!" I will not be sad to see an automated platform.  Much more liquidity, and much less of a PITA for myself.


grnbrg.

havelock?
hero member
Activity: 509
Merit: 500
Official LRM shill
And just to be clear - grnbrg is an awesome human being. Don't think I prefer the company of a cold, calculating exchange algorithm to grnbrg. Its just this whole liquidity thing. You understand, right grnbrg?
Completely.  As much as I enjoy helping Lab_Rat out with this, and as staggeringly cool as it is to have my phone go "Bing!  Someone just sent you $2000+!" I will not be sad to see an automated platform.  Much more liquidity, and much less of a PITA for myself.


grnbrg.
M31
full member
Activity: 139
Merit: 100
And just to be clear - grnbrg is an awesome human being. Don't think I prefer the company of a cold, calculating exchange algorithm to grnbrg. Its just this whole liquidity thing. You understand, right grnbrg?

Hey hamburgerhelper - you might find this http://invictus-innovations.com/i-dac interesting.  The guys at Invictus will be the first to admit they are computer scientists, not artists, so the site is not super slick -- but their future plans are nothing but exciting!
member
Activity: 83
Merit: 10
And just to be clear - grnbrg is an awesome human being. Don't think I prefer the company of a cold, calculating exchange algorithm to grnbrg. Its just this whole liquidity thing. You understand, right grnbrg?
member
Activity: 83
Merit: 10
It's been a while since someone posted calculations here Wink

When all the new hardware comes in, how much dividend will 1 share bring in, estimated?


72.99/57350 = ~0,001272711BTC/per bonds

For a point of reference, this is roughly the same dividend per share as the middle of October, 2013.

@LabRat, regarding late dividends: apology accepted.

Any word on when we can expect automated trading? "Never" would be an acceptable answer. So would any answer on the topic.
sr. member
Activity: 327
Merit: 250
.10 Each I am pretty sure since that's what they are listed at in this trading thread https://bitcointalksearch.org/topic/official-labrat-mining-lrm-share-trading-thread-320578
full member
Activity: 226
Merit: 100

Well...
LabRat sell lately 1350 new bonds.

So total bonds=> ~57 350 (~56000+1350)

Is it known for what price these Bonds were sold?
newbie
Activity: 49
Merit: 0
... but that all changes tomorrow wahoo  Cheesy
newbie
Activity: 49
Merit: 0
hero member
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Merit: 506
Dividends received - many thanks  Grin

What was the per dividend payout?
newbie
Activity: 49
Merit: 0
Dividends received - many thanks  Grin
hero member
Activity: 504
Merit: 500
It's been a while since someone posted calculations here Wink

When all the new hardware comes in, how much dividend will 1 share bring in, estimated?

Well...
LabRat sell lately 1350 new bonds.

So total bonds=> ~57 350 (~56000+1350)

according to Bitcoinwisdom : Next diff (904,295,773) is in 1.9 days

25 TH/s bring weekly (with new diff) : ~97.32BTC

97.32x0.75 =  ~72.99BTC

72.99/57350 = ~0,001272711BTC/per bonds
newbie
Activity: 19
Merit: 0


Again, I completely agree, in principle. But in practice, LRM has paid dividends quite regularly, certainly if I compare it to other Bitcoin securities in which I've had the misfortune of investing. He should definitely strive to be completely consistent, but seeing as this is mostly a one-man operation (and a rapidly expanding one, at that), I don't expect 100% accuracy. I would rather he focused on the hashrate and missed a dividend day here and there. Theoretically he could hire someone to take the load of himself and make things like dividend payments work like clockwork, but that would take money which would decrease the company's profit. So if you want to maximize the value of your bonds, I think a one-man operation that works well most of the time is probably the best compromise you can hope for.

+1
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