Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 171.

M31

full member

Activity: 139

Merit: 100

Quote from: Lab_Rat on November 25, 2013, 12:14:34 AM

Quote from: LostDutchman on November 24, 2013, 10:43:02 PM

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

Hey, Lab!

Good to see that you are doing well and still up and running!

Best wishes to you and your people!

My $.02.

Wink

How dare you put your dirty fiat into this thread Wink

we speak in Satoshi's here, not cents. which BTW 2 Satoshi's are currently worth $0.00001584 according to BitStamp...

It will be a strange day indeed if 1 Satoshi is ever worth 1 cent; we'd have to open the secret miner's vault and release those extra decimal places! (A good problem for us I'm sure!)

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

Quote from: LostDutchman on November 24, 2013, 10:43:02 PM

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

Hey, Lab!

Good to see that you are doing well and still up and running!

Best wishes to you and your people!

My $.02.

Wink

How dare you put your dirty fiat into this thread Wink

we speak in Satoshi's here, not cents. which BTW 2 Satoshi's are currently worth $0.00001584 according to BitStamp...

Ashitank

hero member

Activity: 560

Merit: 500

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

Rat can smell whats .... cooooooookinggggg!

LostDutchman

sr. member

Activity: 476

Merit: 250

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

Hey, Lab!

Good to see that you are doing well and still up and running!

Best wishes to you and your people!

My $.02.

Wink

bittymitty

sr. member

Activity: 294

Merit: 250

Quote from: BKM on November 24, 2013, 07:09:24 PM

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

Go, go... go Zach! [insert cheer leading chant and repeat]

is it Ratcoin?

BKM

sr. member

Activity: 315

Merit: 250

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

Go, go... go Zach! [insert cheer leading chant and repeat]

MaxwellsDemon

full member

Activity: 187

Merit: 109

Converting information into power since 1867

Quote from: mufa23 on November 24, 2013, 05:19:50 PM

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

Opening up a ASIC manufacturing company?

You're not thinking big enough... If the BTC value vs. USD keeps going up at this rate for a couple more years, LRM will be able to create it's own chip foundry by buying Intel.

We'll call it... LabRat Inside Grin

zulover

hero member

Activity: 583

Merit: 500

Quote from: goddardnet on November 24, 2013, 05:36:40 PM

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

I have every confidence

me too for some reason

goddardnet

newbie

Activity: 49

Merit: 0

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

I have every confidence

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

Opening up a ASIC manufacturing company?

fractal02

hero member

Activity: 504

Merit: 500

$Profile photo of fractal02$

Quote from: Lab_Rat on November 24, 2013, 04:55:26 PM

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

Can't wait ! Wink

This big news will be announced this week or later LabRat ?
It's related of your deal with your "anonymous" partner ?

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

I have something very big in the works that would mean LRM is very sustainable. I can assure you of that.

goddardnet

newbie

Activity: 49

Merit: 0

Quote from: CumpsD on November 24, 2013, 01:54:50 PM

Quote from: maqifrnswa on November 24, 2013, 01:04:08 PM

Quote from: Lab_Rat on November 23, 2013, 01:58:11 PM

I am actually curious as to how others on BitFunder/BTCT.co handled getting booted... From what I heard a lot just looked for a cheap buyout of their bond/share/contract holders and jumped ship.

Many went to direct shares, like LRM did. A few are exploring trustless trading systems using the block chain to verify transaction (ala OgNasty/NastyFans) and keep an automated list of shares (fee-free trading). Most were essentially group buys, so their securities are designed to fall to zero value and not much needed for exchange.

Some are actually doing zero-fee direct share exchanges over the forums (ADDICTION). I cannot recommend tyrion70 and blastbobb enough, if anyone is interested in group buys in the future - their operation is amazing, I'm very happy with them.

We're stuck with a forum non-fee-less version Sad

Even if I wanted more LRM shares, I'd make a loss at the fee

I hope there will be some fee-less solution soon

+1

As a small bond holder I do not have the means to buy even small quantities of bonds without having to find the transaction fee first!

I came to bitcoin in June, invested in LRM from the IPO and made my first BTC by September most of which has gone into LRM as I believe this will be paid back and return significantly over the coming months/years.

CumpsD

sr. member

Activity: 476

Merit: 250

Quote from: maqifrnswa on November 24, 2013, 01:04:08 PM

Quote from: Lab_Rat on November 23, 2013, 01:58:11 PM

I am actually curious as to how others on BitFunder/BTCT.co handled getting booted... From what I heard a lot just looked for a cheap buyout of their bond/share/contract holders and jumped ship.

Many went to direct shares, like LRM did. A few are exploring trustless trading systems using the block chain to verify transaction (ala OgNasty/NastyFans) and keep an automated list of shares (fee-free trading). Most were essentially group buys, so their securities are designed to fall to zero value and not much needed for exchange.

Some are actually doing zero-fee direct share exchanges over the forums (ADDICTION). I cannot recommend tyrion70 and blastbobb enough, if anyone is interested in group buys in the future - their operation is amazing, I'm very happy with them.

We're stuck with a forum non-fee-less version Sad

Even if I wanted more LRM shares, I'd make a loss at the fee

I hope there will be some fee-less solution soon

maqifrnswa

sr. member

Activity: 454

Merit: 252

Quote from: Lab_Rat on November 23, 2013, 12:04:07 PM

Quote from: sparky999 on November 21, 2013, 04:35:04 PM

Really does seem as though $1mill should have bought a lot more hash power than 25 Th.

I can assure you that with the exchange rates at time of purchases there wasn't a $1m to play with...

what is the model for sustainability now that all the IPO has been spent? Yes, I know about the reinvesting the 25% and the two weeks of mining - but that can be unsustainable and accelerate failure if done improperly. These are things that if you released financial statements months ago, your investors could have helped you avoid a potential death spiral.

I know you don't think about these things and get annoyed when investors ask for accountability, so I'm not expecting an answer.

maqifrnswa

sr. member

Activity: 454

Merit: 252

Quote from: Lab_Rat on November 23, 2013, 01:58:11 PM

I am actually curious as to how others on BitFunder/BTCT.co handled getting booted... From what I heard a lot just looked for a cheap buyout of their bond/share/contract holders and jumped ship.

Many went to direct shares, like LRM did. A few are exploring trustless trading systems using the block chain to verify transaction (ala OgNasty/NastyFans) and keep an automated list of shares (fee-free trading). Most were essentially group buys, so their securities are designed to fall to zero value and not much needed for exchange.

Some are actually doing zero-fee direct share exchanges over the forums (ADDICTION). I cannot recommend tyrion70 and blastbobb enough, if anyone is interested in group buys in the future - their operation is amazing, I'm very happy with them.

Quote from: Lab_Rat on November 23, 2013, 01:58:11 PM

Clarifying that I will be putting up a decent amount for reinvestment*** It will be coming out of LRM's 25%

How generous

Doff

sr. member

Activity: 327

Merit: 250

Great updates. Is it possible to get a quick note on what will be done about getting the shares back on an Exchange or an automated place to trade shares?

goddardnet

newbie

Activity: 49

Merit: 0

Quote from: Lab_Rat on November 23, 2013, 04:54:22 PM

If my records are correct... LRM has now paid out BTC808.91411207 to bondholders. Lets have a party when it breaks 1000?

Paaaaaaaaaaaaaaaaarrrrrrty.

I'll bring the cheesy nibbles!

Mindsync Miner

member

Activity: 69

Merit: 10

An independent miner.

Quote from: grnbrg on November 23, 2013, 01:08:17 PM

Got a note from Lab_Rat that pool luck was crappy this week. Dividends are going to be less pretty than expected. Sad

grnbrg.

It was a crap fest on Bitparking this week too. The last couple days have been bad on Eclipse too. So much bad luck, so little time.

countduckula

full member

Activity: 140

Merit: 100

Those coins are going to new equipment too.

Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 171. (Read 452224 times)