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Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 250. (Read 452188 times)

sr. member
Activity: 266
Merit: 250
What's up with the price drops?!

I wouldn't pay them any mind whatsoever. With so few buy orders and the way BitFunder does its graphing, if just one person wants to sell of anything but a very small number of bonds then the price will necessarily look like it's sliding down a lot as they fill orders all the way down the buy list. However, this does not really define the market price, and the next person who wants to buy a bond has to jump back over the huge spread that's been created, causing the price to jump right back up, as has already happened.

It's basically a property of having a low volume market and BitFunder doing their graphing in a slightly misleading way. Also, they don't do their depth graphs cumulatively, what is up with that?!

Agreed, but nearly 800 shares being sold at under 0.2 - is that LabRat putting more on the market or someone selling off?

Those aren't being by sold LR, so it must be someone else. That said, they're not sold yet, and if they start selling at that price they may well relist them slightly higher...

Also, from the update it could be someone trying to manipulate the market price down a bit in order to be able to buy the bonds off LR for less, though I haven't actually bothered to run the numbers to see if this would be worthwhile, but from what I was saying before about how the low volume makes the price appear very volatile my guess is it might actually be a manipulation worth attempting... Not cool really.

See - they're all gone, and not by being sold!

I don't know what that person is playing at, but they're not sold until they're sold! All that can really be said is that someone with quite a lot of shares at least temporarily wanted to risk selling an awful lot for quite cheap. Guesswork as to their motivation I will leave for now though...  Huh Roll Eyes
sr. member
Activity: 454
Merit: 252

Quote
For any individual who would like to purchase direct from me, you may purchase bonds at market average for the day. If you would like to buy 500+ bonds I will give a 5% discount. 1000+ bonds will receive 10% off bonds. and 1500+ will receive a 15% discount on their bond purchase. This deal will give investors a little deal if they are looking to make a sizable purchase, and these purchases will be going toward expanding LRM's incoming mass or hardware. If you are interested in this deal please email me at [email protected].

 Shocked

eh, it almost doesn't matter. We've already priced in the lack of transparency, no board of directors, no actual shares of the company -- this is just another level of lack of transparency (how many shares are sold like this, what percentage goes to what hardware, what percentage utilities, what percentage management fees). So far LabRat has shown to at least be honest and working hard at making this venture successful so it's still worth it to me (although the lack of transparency introduces sustainability fears: is 25% reinvestment enough? Are there further dilution plans in case it is not? Will he arbitrarily increase the reserve percentage? With no board of directors and no shares of stock in the company, we're completely at his whim. He could decide tomorrow to stop giving dividends or sell 20% more shares... He probably won't, though.)
sr. member
Activity: 266
Merit: 250
What's up with the price drops?!

I wouldn't pay them any mind whatsoever. With so few buy orders and the way BitFunder does its graphing, if just one person wants to sell of anything but a very small number of bonds then the price will necessarily look like it's sliding down a lot as they fill orders all the way down the buy list. However, this does not really define the market price, and the next person who wants to buy a bond has to jump back over the huge spread that's been created, causing the price to jump right back up, as has already happened.

It's basically a property of having a low volume market and BitFunder doing their graphing in a slightly misleading way. Also, they don't do their depth graphs cumulatively, what is up with that?!

Agreed, but nearly 800 shares being sold at under 0.2 - is that LabRat putting more on the market or someone selling off?

Those aren't being by sold LR, so it must be someone else. That said, they're not sold yet, and if they start selling at that price they may well relist them slightly higher...

Also, from the update it could be someone trying to manipulate the market price down a bit in order to be able to buy the bonds off LR for less, though I haven't actually bothered to run the numbers to see if this would be worthwhile, but from what I was saying before about how the low volume makes the price appear very volatile my guess is it might actually be a manipulation worth attempting... Not cool really.
full member
Activity: 142
Merit: 100
Hive/Ethereum

Quote
For any individual who would like to purchase direct from me, you may purchase bonds at market average for the day. If you would like to buy 500+ bonds I will give a 5% discount. 1000+ bonds will receive 10% off bonds. and 1500+ will receive a 15% discount on their bond purchase. This deal will give investors a little deal if they are looking to make a sizable purchase, and these purchases will be going toward expanding LRM's incoming mass or hardware. If you are interested in this deal please email me at [email protected].

 Shocked
full member
Activity: 169
Merit: 100
What's up with the price drops?!

I wouldn't pay them any mind whatsoever. With so few buy orders and the way BitFunder does its graphing, if just one person wants to sell of anything but a very small number of bonds then the price will necessarily look like it's sliding down a lot as they fill orders all the way down the buy list. However, this does not really define the market price, and the next person who wants to buy a bond has to jump back over the huge spread that's been created, causing the price to jump right back up, as has already happened.

It's basically a property of having a low volume market and BitFunder doing their graphing in a slightly misleading way. Also, they don't do their depth graphs cumulatively, what is up with that?!

Agreed, but nearly 800 shares being sold at under 0.2 - is that LabRat putting more on the market or someone selling off?
sr. member
Activity: 266
Merit: 250
What's up with the price drops?!

Also, there's always a bit of a temporary slump just after the dividends are paid
sr. member
Activity: 266
Merit: 250
What's up with the price drops?!

I wouldn't pay them any mind whatsoever. With so few buy orders and the way BitFunder does its graphing, if just one person wants to sell of anything but a very small number of bonds then the price will necessarily look like it's sliding down a lot as they fill orders all the way down the buy list. However, this does not really define the market price, and the next person who wants to buy a bond has to jump back over the huge spread that's been created, causing the price to jump right back up, as has already happened.

It's basically a property of having a low volume market and BitFunder doing their graphing in a slightly misleading way. Also, they don't do their depth graphs cumulatively, what is up with that?!
full member
Activity: 226
Merit: 100
Will LabRat invest in bitmine.ch 28nm technology?
legendary
Activity: 1554
Merit: 1000
What's up with the price drops?!

Do the maths on your div returns vs purchase price, and then project what increases will be necessary in hash rates, to satisfy your weekly return needs.

The figures currently, are extremely poor to many, where even tripling current rates just dont cut it. Try X10+
full member
Activity: 169
Merit: 100
What's up with the price drops?!
hero member
Activity: 599
Merit: 502
Token/ICO management
hero member
Activity: 560
Merit: 500
As per Lab_Rats post on bfl labs forum , we are hashing @ 2.5 Th/s & expected to jump to 4+ Th/s by next week,   Good times ahead Smiley

https://forums.butterflylabs.com/bitcoin-business-directory/3712-lab-rat-data-processing-llc-labratmining-official-announcement-38.html#post56504
full member
Activity: 129
Merit: 100
*nice increase from last week fellas (especially if the second half-half of previous double dividend payout was also taken out of this one)...if so, i need a few more shares before next saturday Smiley

We're still missing a week of cuts on dividends. But yeah, it can't hurt you to get a few more shares. I just did!  Grin
legendary
Activity: 1610
Merit: 1000
Well hello there!
Dividends will be posted soon...  @Lab_Rat is installing new hardware first.  Any objections?  Wink Cheesy


grnbrg.

no..no...a thousand times no!!

*nice increase from last week fellas (especially if the second half-half of previous double dividend payout was also taken out of this one)...if so, i need a few more shares before next saturday Smiley
sr. member
Activity: 266
Merit: 250
Hashrate is increasing faster than Difficulty is increasing so we should keep seeing increased dividends payouts from the weeks prior unless a huge wave of people come and start buying up shares diluting them (We can only hope since that means more money for Lab Rat to buy Hashrate with!)



Indeed. It is worth noting that the dilution issue is a very real factor, and is in fact the reason that there are no longer unlimited amounts of bonds available for sale. Obviously if hardware was available off the shelf then this restriction wouldn't be necessary, but the latency between new bond purchases and hardware arrival necessitates limiting the availability of new bonds to protect the already standing investments. This was not done by accident. Smiley
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
Hashrate is increasing faster than Difficulty is increasing so we should keep seeing increased dividends payouts from the weeks prior unless a huge wave of people come and start buying up shares diluting them (We can only hope since that means more money for Lab Rat to buy Hashrate with!)

sr. member
Activity: 266
Merit: 250
Wooo, and they're in!

Up from ฿0.00066604 last week to ฿0.00080680.  Cheesy
BKM
sr. member
Activity: 315
Merit: 250
Dividends will be posted soon...  @Lab_Rat is installing new hardware first.  Any objections?  Wink Cheesy


grnbrg.

 I for one appreciate the leaness of LRM compared to other options..... lean and mean.
hero member
Activity: 504
Merit: 500
Will the details of this be coming with the dividend announcement later?  Smiley

yes some news will be appreciate  Wink
sr. member
Activity: 266
Merit: 250
Dividends will be posted soon...  @Lab_Rat is installing new hardware first.  Any objections?  Wink Cheesy


grnbrg.

Nope, good news indeed! Will the details of this be coming with the dividend announcement later?  Smiley
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