UPDATE:
1. 800GH to 0GH, they are not mining anymore.
2. Howard, the main engineer stopped working in China in August, and is now in America
3. GG
Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 168. (Read 1079974 times)
September 27, 2013, 01:53:22 AM
September 27, 2013, 01:52:00 AM
Guys we just want to update that we are getting .05BTC every couple of hours which gives us about 10GH/sec, and our engineer is missing on a different continent, if you haven't sold by now, all i can say is Lols
I was sure you and dhenson were holding until 0.
What changed?
September 27, 2013, 01:49:00 AM
Guys we just want to update that we are getting .05BTC every couple of hours which gives us about 10GH/sec, and our engineer is missing on a different continent, if you haven't sold by now, all i can say is Lols
September 27, 2013, 01:46:36 AM
Now that all the scared children have run for the hills with there losses we can finally really trade without the minipulator and day traders who've gotten screwed. Now it actually a investment. Watch the price rise into the morning mark my words
Why would the price rise?
went from 800GH to 0-300GH
Howard the main engineer, is gone and is not even in China anymore: http://www.linkedin.com/in/howardwangzhenhua
Swede and Same making bullshit deadlines that they always miss.
someone send him a message asking what's up
^^^
September 27, 2013, 01:44:37 AM
(Yawn) Morning everyone.
It's good to see Labcoin hashing again but judging from the recent line of payments, it's less then what was promised however it's a start (I guess - personally an optimistic view). They are getting paid every hour (or so) BTC0.5, if you look at their payments before they ceased (skipping the incoming payments from 'other sources') we can see that they get paid BTC1.5 every two or three hours. So, if I'm not mistaken, the current line of payments would suggest that their hashrates would be 'somewhat' and I quote somewhat for a reason, similar if not less then before.
I would like to see however, labcoin see to it personally that we reach a certain quota of their promised hashrate soon, not because it'll impact the share prices but because of their rapidly decreasing reputation is on the line. Reaching a certain quota say 20% or 40% of their promised hashrate before the week ends proves to their stakeholders that they are working as hard as they can to restore the lost trust in them. It would also prove many things; one of which would be the fact that they're working on providing a sound solution to their current 'problems' (stability). While 20% or 40% of their promised hashrate may not be anywhere near enough, it'll be a good start for restoring consumer confidence (not every stakeholder is as negative as you think, showing signs of improvement isn't a bad way to start either).
That ofcourse, included that you (labcoin) somehow work out a means of communication with your current stakeholder or PR regarding what issues you are arising and how you are going abouts to fix it, this wouldn't be soo bad on your stakeholders confidence. This may or may not seem like a good idea to some people but maybe, starting a twitter account (yes, this site is blocked in china but assuming you use a VPN - I'm sure you can bypass it) and posting constant updates of your current situation may improve whatnot, not everything has to be made complicated via a third party.
Constant was bold-ed for a reason, if there are constant updates - the amount of people doubting your level of dedication to resolving the issues and getting the operation to a new level would significantly decrease, this would be one of many ways to decrease the mistrust some investors have right now in the company.
Hurray for an essay early in the morning!
Note: Obviously is my favourite word and I'm sure most of you recognise that from my previous line of comments, got a problem (?)
It's good to see Labcoin hashing again but judging from the recent line of payments, it's less then what was promised however it's a start (I guess - personally an optimistic view). They are getting paid every hour (or so) BTC0.5, if you look at their payments before they ceased (skipping the incoming payments from 'other sources') we can see that they get paid BTC1.5 every two or three hours. So, if I'm not mistaken, the current line of payments would suggest that their hashrates would be 'somewhat' and I quote somewhat for a reason, similar if not less then before.
I would like to see however, labcoin see to it personally that we reach a certain quota of their promised hashrate soon, not because it'll impact the share prices but because of their rapidly decreasing reputation is on the line. Reaching a certain quota say 20% or 40% of their promised hashrate before the week ends proves to their stakeholders that they are working as hard as they can to restore the lost trust in them. It would also prove many things; one of which would be the fact that they're working on providing a sound solution to their current 'problems' (stability). While 20% or 40% of their promised hashrate may not be anywhere near enough, it'll be a good start for restoring consumer confidence (not every stakeholder is as negative as you think, showing signs of improvement isn't a bad way to start either).
That ofcourse, included that you (labcoin) somehow work out a means of communication with your current stakeholder or PR regarding what issues you are arising and how you are going abouts to fix it, this wouldn't be soo bad on your stakeholders confidence. This may or may not seem like a good idea to some people but maybe, starting a twitter account (yes, this site is blocked in china but assuming you use a VPN - I'm sure you can bypass it) and posting constant updates of your current situation may improve whatnot, not everything has to be made complicated via a third party.
Constant was bold-ed for a reason, if there are constant updates - the amount of people doubting your level of dedication to resolving the issues and getting the operation to a new level would significantly decrease, this would be one of many ways to decrease the mistrust some investors have right now in the company.
Hurray for an essay early in the morning!
Note: Obviously is my favourite word and I'm sure most of you recognise that from my previous line of comments, got a problem (?)
.05 every hour not .5
Sadly they seem to dig themselves deeper every post they make.
Actually, maybe they really do not care about the current share price. Before the stock is relisted, their income is completely from the dividend, which has nothing to do with the share price. If share price drops to 0.0001, they can buy all shares back with 1/10 IPO money.
That's why I insist don't sell shares because you hate them. Selling shares does not hurt them but ourselves. We only sell when we are sure the stock is overpriced, not because we want to punish someone or we hate someone.
September 27, 2013, 01:37:56 AM
They keep silent because there's no good news to post, or they want to buy back all their shares at 0.0001. 
September 27, 2013, 01:34:28 AM
The real panic now begins. The price has dipped below IPO price, if any of the big wales with +500K shares wants a quick exit there will be blood.
500K -> 0.00025 for around 270BTC, that's 0.00054 per share. A big whale normally will not do this silly thing to halve his wealth in one second.
September 27, 2013, 01:30:28 AM
(Yawn) Morning everyone.
It's good to see Labcoin hashing again but judging from the recent line of payments, it's less then what was promised however it's a start (I guess - personally an optimistic view). They are getting paid every hour (or so) BTC0.5, if you look at their payments before they ceased (skipping the incoming payments from 'other sources') we can see that they get paid BTC1.5 every two or three hours. So, if I'm not mistaken, the current line of payments would suggest that their hashrates would be 'somewhat' and I quote somewhat for a reason, similar if not less then before.
I would like to see however, labcoin see to it personally that we reach a certain quota of their promised hashrate soon, not because it'll impact the share prices but because of their rapidly decreasing reputation is on the line. Reaching a certain quota say 20% or 40% of their promised hashrate before the week ends proves to their stakeholders that they are working as hard as they can to restore the lost trust in them. It would also prove many things; one of which would be the fact that they're working on providing a sound solution to their current 'problems' (stability). While 20% or 40% of their promised hashrate may not be anywhere near enough, it'll be a good start for restoring consumer confidence (not every stakeholder is as negative as you think, showing signs of improvement isn't a bad way to start either).
That ofcourse, included that you (labcoin) somehow work out a means of communication with your current stakeholder or PR regarding what issues you are arising and how you are going abouts to fix it, this wouldn't be soo bad on your stakeholders confidence. This may or may not seem like a good idea to some people but maybe, starting a twitter account (yes, this site is blocked in china but assuming you use a VPN - I'm sure you can bypass it) and posting constant updates of your current situation may improve whatnot, not everything has to be made complicated via a third party.
Constant was bold-ed for a reason, if there are constant updates - the amount of people doubting your level of dedication to resolving the issues and getting the operation to a new level would significantly decrease, this would be one of many ways to decrease the mistrust some investors have right now in the company.
Hurray for an essay early in the morning!
Note: Obviously is my favourite word and I'm sure most of you recognise that from my previous line of comments, got a problem (?)
It's good to see Labcoin hashing again but judging from the recent line of payments, it's less then what was promised however it's a start (I guess - personally an optimistic view). They are getting paid every hour (or so) BTC0.5, if you look at their payments before they ceased (skipping the incoming payments from 'other sources') we can see that they get paid BTC1.5 every two or three hours. So, if I'm not mistaken, the current line of payments would suggest that their hashrates would be 'somewhat' and I quote somewhat for a reason, similar if not less then before.
I would like to see however, labcoin see to it personally that we reach a certain quota of their promised hashrate soon, not because it'll impact the share prices but because of their rapidly decreasing reputation is on the line. Reaching a certain quota say 20% or 40% of their promised hashrate before the week ends proves to their stakeholders that they are working as hard as they can to restore the lost trust in them. It would also prove many things; one of which would be the fact that they're working on providing a sound solution to their current 'problems' (stability). While 20% or 40% of their promised hashrate may not be anywhere near enough, it'll be a good start for restoring consumer confidence (not every stakeholder is as negative as you think, showing signs of improvement isn't a bad way to start either).
That ofcourse, included that you (labcoin) somehow work out a means of communication with your current stakeholder or PR regarding what issues you are arising and how you are going abouts to fix it, this wouldn't be soo bad on your stakeholders confidence. This may or may not seem like a good idea to some people but maybe, starting a twitter account (yes, this site is blocked in china but assuming you use a VPN - I'm sure you can bypass it) and posting constant updates of your current situation may improve whatnot, not everything has to be made complicated via a third party.
Constant was bold-ed for a reason, if there are constant updates - the amount of people doubting your level of dedication to resolving the issues and getting the operation to a new level would significantly decrease, this would be one of many ways to decrease the mistrust some investors have right now in the company.
Hurray for an essay early in the morning!
Note: Obviously is my favourite word and I'm sure most of you recognise that from my previous line of comments, got a problem (?)
.05 every hour not .5
Sadly they seem to dig themselves deeper every post they make.
September 27, 2013, 01:28:40 AM
(Yawn) Morning everyone.
It's good to see Labcoin hashing again but judging from the recent line of payments, it's less then what was promised however it's a start (I guess - personally an optimistic view). They are getting paid every hour (or so) BTC0.5, if you look at their payments before they ceased (skipping the incoming payments from 'other sources') we can see that they get paid BTC1.5 every two or three hours. So, if I'm not mistaken, the current line of payments would suggest that their hashrates would be 'somewhat' and I quote somewhat for a reason, similar if not less then before.
I would like to see however, labcoin see to it personally that we reach a certain quota of their promised hashrate soon, not because it'll impact the share prices but because of their rapidly decreasing reputation is on the line. Reaching a certain quota say 20% or 40% of their promised hashrate before the week ends proves to their stakeholders that they are working as hard as they can to restore the lost trust in them. It would also prove many things; one of which would be the fact that they're working on providing a sound solution to their current 'problems' (stability). While 20% or 40% of their promised hashrate may not be anywhere near enough, it'll be a good start for restoring consumer confidence (not every stakeholder is as negative as you think, showing signs of improvement isn't a bad way to start either).
That ofcourse, included that you (labcoin) somehow work out a means of communication with your current stakeholder or PR regarding what issues you are arising and how you are going abouts to fix it, this wouldn't be soo bad on your stakeholders confidence. This may or may not seem like a good idea to some people but maybe, starting a twitter account (yes, this site is blocked in china but assuming you use a VPN - I'm sure you can bypass it) and posting constant updates of your current situation may improve whatnot, not everything has to be made complicated via a third party.
Constant was bold-ed for a reason, if there are constant updates - the amount of people doubting your level of dedication to resolving the issues and getting the operation to a new level would significantly decrease, this would be one of many ways to decrease the mistrust some investors have right now in the company.
Hurray for an essay early in the morning!
Note: Obviously is my favourite word and I'm sure most of you recognise that from my previous line of comments, got a problem (?)
It's good to see Labcoin hashing again but judging from the recent line of payments, it's less then what was promised however it's a start (I guess - personally an optimistic view). They are getting paid every hour (or so) BTC0.5, if you look at their payments before they ceased (skipping the incoming payments from 'other sources') we can see that they get paid BTC1.5 every two or three hours. So, if I'm not mistaken, the current line of payments would suggest that their hashrates would be 'somewhat' and I quote somewhat for a reason, similar if not less then before.
I would like to see however, labcoin see to it personally that we reach a certain quota of their promised hashrate soon, not because it'll impact the share prices but because of their rapidly decreasing reputation is on the line. Reaching a certain quota say 20% or 40% of their promised hashrate before the week ends proves to their stakeholders that they are working as hard as they can to restore the lost trust in them. It would also prove many things; one of which would be the fact that they're working on providing a sound solution to their current 'problems' (stability). While 20% or 40% of their promised hashrate may not be anywhere near enough, it'll be a good start for restoring consumer confidence (not every stakeholder is as negative as you think, showing signs of improvement isn't a bad way to start either).
That ofcourse, included that you (labcoin) somehow work out a means of communication with your current stakeholder or PR regarding what issues you are arising and how you are going abouts to fix it, this wouldn't be soo bad on your stakeholders confidence. This may or may not seem like a good idea to some people but maybe, starting a twitter account (yes, this site is blocked in china but assuming you use a VPN - I'm sure you can bypass it) and posting constant updates of your current situation may improve whatnot, not everything has to be made complicated via a third party.
Constant was bold-ed for a reason, if there are constant updates - the amount of people doubting your level of dedication to resolving the issues and getting the operation to a new level would significantly decrease, this would be one of many ways to decrease the mistrust some investors have right now in the company.
Hurray for an essay early in the morning!
Note: Obviously is my favourite word and I'm sure most of you recognise that from my previous line of comments, got a problem (?)
.05 every hour not .5
September 27, 2013, 01:24:01 AM
(Yawn) Morning everyone.
It's good to see Labcoin hashing again but judging from the recent line of payments, it's less then what was promised however it's a start (I guess - personally an optimistic view). They are getting paid every hour (or so) BTC0.5, if you look at their payments before they ceased (skipping the incoming payments from 'other sources') we can see that they get paid BTC1.5 every two or three hours. So, if I'm not mistaken, the current line of payments would suggest that their hashrates would be 'somewhat' and I quote somewhat for a reason, similar if not less then before.
I would like to see however, labcoin see to it personally that we reach a certain quota of their promised hashrate soon, not because it'll impact the share prices but because of their rapidly decreasing reputation is on the line. Reaching a certain quota say 20% or 40% of their promised hashrate before the week ends proves to their stakeholders that they are working as hard as they can to restore the lost trust in them. It would also prove many things; one of which would be the fact that they're working on providing a sound solution to their current 'problems' (stability). While 20% or 40% of their promised hashrate may not be anywhere near enough, it'll be a good start for restoring consumer confidence (not every stakeholder is as negative as you think, showing signs of improvement isn't a bad way to start either).
That ofcourse, included that you (labcoin) somehow work out a means of communication with your current stakeholder or PR regarding what issues you are arising and how you are going abouts to fix it, this wouldn't be soo bad on your stakeholders confidence. This may or may not seem like a good idea to some people but maybe, starting a twitter account (yes, this site is blocked in china but assuming you use a VPN - I'm sure you can bypass it) and posting constant updates of your current situation may improve whatnot, not everything has to be made complicated via a third party.
Constant was bold-ed for a reason, if there are constant updates - the amount of people doubting your level of dedication to resolving the issues and getting the operation to a new level would significantly decrease, this would be one of many ways to decrease the mistrust some investors have right now in the company.
Hurray for an essay early in the morning!
Note: Obviously is my favourite word and I'm sure most of you recognise that from my previous line of comments, got a problem (?)
It's good to see Labcoin hashing again but judging from the recent line of payments, it's less then what was promised however it's a start (I guess - personally an optimistic view). They are getting paid every hour (or so) BTC0.5, if you look at their payments before they ceased (skipping the incoming payments from 'other sources') we can see that they get paid BTC1.5 every two or three hours. So, if I'm not mistaken, the current line of payments would suggest that their hashrates would be 'somewhat' and I quote somewhat for a reason, similar if not less then before.
I would like to see however, labcoin see to it personally that we reach a certain quota of their promised hashrate soon, not because it'll impact the share prices but because of their rapidly decreasing reputation is on the line. Reaching a certain quota say 20% or 40% of their promised hashrate before the week ends proves to their stakeholders that they are working as hard as they can to restore the lost trust in them. It would also prove many things; one of which would be the fact that they're working on providing a sound solution to their current 'problems' (stability). While 20% or 40% of their promised hashrate may not be anywhere near enough, it'll be a good start for restoring consumer confidence (not every stakeholder is as negative as you think, showing signs of improvement isn't a bad way to start either).
That ofcourse, included that you (labcoin) somehow work out a means of communication with your current stakeholder or PR regarding what issues you are arising and how you are going abouts to fix it, this wouldn't be soo bad on your stakeholders confidence. This may or may not seem like a good idea to some people but maybe, starting a twitter account (yes, this site is blocked in china but assuming you use a VPN - I'm sure you can bypass it) and posting constant updates of your current situation may improve whatnot, not everything has to be made complicated via a third party.
Constant was bold-ed for a reason, if there are constant updates - the amount of people doubting your level of dedication to resolving the issues and getting the operation to a new level would significantly decrease, this would be one of many ways to decrease the mistrust some investors have right now in the company.
Hurray for an essay early in the morning!
Note: Obviously is my favourite word and I'm sure most of you recognise that from my previous line of comments, got a problem (?)
.05 every hour not .5
September 27, 2013, 01:13:07 AM
(Yawn) Morning everyone.
It's good to see Labcoin hashing again but judging from the recent line of payments, it's less then what was promised however it's a start (I guess - personally an optimistic view). They are getting paid every hour (or so) BTC0.50.05 (my bad), if you look at their payments before they ceased (skipping the incoming payments from 'other sources') we can see that they get paid BTC1.5 every two or three hours. So, if I'm not mistaken, the current line of payments would suggest that their hashrates would be 'somewhat' and I quote somewhat for a reason, similar if not less then before.
I would like to see however, labcoin see to it personally that we reach a certain quota of their promised hashrate soon, not because it'll impact the share prices but because of their rapidly decreasing reputation is on the line. Reaching a certain quota say 20% or 40% of their promised hashrate before the week ends proves to their stakeholders that they are working as hard as they can to restore the lost trust in them. It would also prove many things; one of which would be the fact that they're working on providing a sound solution to their current 'problems' (stability). While 20% or 40% of their promised hashrate may not be anywhere near enough, it'll be a good start for restoring consumer confidence (not every stakeholder is as negative as you think, showing signs of improvement isn't a bad way to start either).
That ofcourse, included that you (labcoin) somehow work out a means of communication with your current stakeholder or PR regarding what issues you are arising and how you are going abouts to fix it, this wouldn't be soo bad on your stakeholders confidence. This may or may not seem like a good idea to some people but maybe, starting a twitter account (yes, this site is blocked in china but assuming you use a VPN - I'm sure you can bypass it) and posting constant updates of your current situation may improve whatnot, not everything has to be made complicated via a third party.
Constant was bold-ed for a reason, if there are constant updates - the amount of people doubting your level of dedication to resolving the issues and getting the operation to a new level would significantly decrease, this would be one of many ways to decrease the mistrust some investors have right now in the company.
Hurray for an essay early in the morning!
Note: Obviously is my favourite word and I'm sure most of you recognise that from my previous line of comments, got a problem (?)
It's good to see Labcoin hashing again but judging from the recent line of payments, it's less then what was promised however it's a start (I guess - personally an optimistic view). They are getting paid every hour (or so) BTC
I would like to see however, labcoin see to it personally that we reach a certain quota of their promised hashrate soon, not because it'll impact the share prices but because of their rapidly decreasing reputation is on the line. Reaching a certain quota say 20% or 40% of their promised hashrate before the week ends proves to their stakeholders that they are working as hard as they can to restore the lost trust in them. It would also prove many things; one of which would be the fact that they're working on providing a sound solution to their current 'problems' (stability). While 20% or 40% of their promised hashrate may not be anywhere near enough, it'll be a good start for restoring consumer confidence (not every stakeholder is as negative as you think, showing signs of improvement isn't a bad way to start either).
That ofcourse, included that you (labcoin) somehow work out a means of communication with your current stakeholder or PR regarding what issues you are arising and how you are going abouts to fix it, this wouldn't be soo bad on your stakeholders confidence. This may or may not seem like a good idea to some people but maybe, starting a twitter account (yes, this site is blocked in china but assuming you use a VPN - I'm sure you can bypass it) and posting constant updates of your current situation may improve whatnot, not everything has to be made complicated via a third party.
Constant was bold-ed for a reason, if there are constant updates - the amount of people doubting your level of dedication to resolving the issues and getting the operation to a new level would significantly decrease, this would be one of many ways to decrease the mistrust some investors have right now in the company.
Hurray for an essay early in the morning!
Note: Obviously is my favourite word and I'm sure most of you recognise that from my previous line of comments, got a problem (?)
September 27, 2013, 01:09:42 AM
The real panic now begins. The price has dipped below IPO price, if any of the big wales with +500K shares wants a quick exit there will be blood.
September 27, 2013, 01:07:17 AM
Now that all the scared children have run for the hills with there losses we can finally really trade without the minipulator and day traders who've gotten screwed. Now it actually a investment. Watch the price rise into the morning mark my words
Why would the price rise?
went from 800GH to 0-300GH
Howard the main engineer, is gone and is not even in China anymore: http://www.linkedin.com/in/howardwangzhenhua
Swede and Same making bullshit deadlines that they always miss.
someone send him a message asking what's up
September 27, 2013, 12:41:24 AM
Just wanted to pass by this thread and say good nite to Labcoin share holders.
sleep tight
sleep tight
September 27, 2013, 12:34:24 AM
Yes, AM has their own problem, but apparently Labcoin now has much bigger issue to worry. Labcoin has much more uncertainty and meanwhile much more potential upside now.
But anyway, I don't think it is the good time and place to compare AM and Labcoin here now.
True that, I'm just pointing to vela that his well established AM is experiencing issues right now, and no one believed that would ever happen.
So it is not a big surprise that a start-up like Labcoin would experience them as well.
Edit: Funny that even friedcat used the phrase "two weeks" delay.
September 27, 2013, 12:29:56 AM
Where are they going to house 500TH? How many blades is that?
I'm pretty sure they wont be hashing with most of those, and they will be sold with a lot smaller mark up then before. After all, they are 130nm, and not many people will be that interested to buy unless it is very cheap GH/$.
those blades will likely add 50K-100K btc in revenue over the next 2 months (even at significantly reduced margins).I'm pretty sure they wont be hashing with most of those, and they will be sold with a lot smaller mark up then before. After all, they are 130nm, and not many people will be that interested to buy unless it is very cheap GH/$.
Quote
Also, isn't the share price only about 30% of what it was a couple of months back?
they're still a long ways from IPO price, and they've paid that back several times in dividends.Anyway, they match quite well to the dividend/share price ratio I was talking about a few pages back. Their last dividend makes the current price a fair value. That's why there is a lot of support at current prices.
Labcon has a long way to drop to hit fair share value.
I like how you're trying to deflect, but it doesn't really change the fact that LC is headed to 1/10th IPO price.
Yes, they will probably sell at around the cost price, but there won't be much profit from it.
I never said that Labcoin is worth more than what it is now. If you check back, I actually said that I believe the prices will dip further as there is uncertainty regarding the exchange and when they will resolve the issues.
https://bitcointalksearch.org/topic/m.3244075
You never answered my question regarding the ASICMiners current network share. They have been down to about 1-2% for a couple weeks now.
You also didn't respond to ASICMiner chips being "two weeks late" that friedcat posted a few days ago.
I like how you only pick some parts of my post trying to deflect that even ASICMiner is experiencing issues.
How long did it take from the ASICMiner IPO, to them paying dividends, and subsequently paying back the IPO price?
Yes, AM has their own problem, but apparently Labcoin now has much bigger issue to worry. Labcoin has much more uncertainty and meanwhile much more potential upside now.
But anyway, I don't think it is the good time and place to compare AM and Labcoin here now.
Like their head engineer being in a different continent
September 27, 2013, 12:24:58 AM
Where are they going to house 500TH? How many blades is that?
I'm pretty sure they wont be hashing with most of those, and they will be sold with a lot smaller mark up then before. After all, they are 130nm, and not many people will be that interested to buy unless it is very cheap GH/$.
those blades will likely add 50K-100K btc in revenue over the next 2 months (even at significantly reduced margins).I'm pretty sure they wont be hashing with most of those, and they will be sold with a lot smaller mark up then before. After all, they are 130nm, and not many people will be that interested to buy unless it is very cheap GH/$.
Quote
Also, isn't the share price only about 30% of what it was a couple of months back?
they're still a long ways from IPO price, and they've paid that back several times in dividends.Anyway, they match quite well to the dividend/share price ratio I was talking about a few pages back. Their last dividend makes the current price a fair value. That's why there is a lot of support at current prices.
Labcon has a long way to drop to hit fair share value.
I like how you're trying to deflect, but it doesn't really change the fact that LC is headed to 1/10th IPO price.
Yes, they will probably sell at around the cost price, but there won't be much profit from it.
I never said that Labcoin is worth more than what it is now. If you check back, I actually said that I believe the prices will dip further as there is uncertainty regarding the exchange and when they will resolve the issues.
https://bitcointalksearch.org/topic/m.3244075
You never answered my question regarding the ASICMiners current network share. They have been down to about 1-2% for a couple weeks now.
You also didn't respond to ASICMiner chips being "two weeks late" that friedcat posted a few days ago.
I like how you only pick some parts of my post trying to deflect that even ASICMiner is experiencing issues.
How long did it take from the ASICMiner IPO, to them paying dividends, and subsequently paying back the IPO price?
Yes, AM has their own problem, but apparently Labcoin now has much bigger issue to worry. Labcoin has much more uncertainty and meanwhile much more potential upside now.
But anyway, I don't think it is the good time and place to compare AM and Labcoin here now.
September 27, 2013, 12:17:51 AM
Where are they going to house 500TH? How many blades is that?
I'm pretty sure they wont be hashing with most of those, and they will be sold with a lot smaller mark up then before. After all, they are 130nm, and not many people will be that interested to buy unless it is very cheap GH/$.
those blades will likely add 50K-100K btc in revenue over the next 2 months (even at significantly reduced margins).I'm pretty sure they wont be hashing with most of those, and they will be sold with a lot smaller mark up then before. After all, they are 130nm, and not many people will be that interested to buy unless it is very cheap GH/$.
Quote
Also, isn't the share price only about 30% of what it was a couple of months back?
they're still a long ways from IPO price, and they've paid that back several times in dividends.Anyway, they match quite well to the dividend/share price ratio I was talking about a few pages back. Their last dividend makes the current price a fair value. That's why there is a lot of support at current prices.
Labcon has a long way to drop to hit fair share value.
I like how you're trying to deflect, but it doesn't really change the fact that LC is headed to 1/10th IPO price.
Yes, they will probably sell at around the cost price, but there won't be much profit from it.
I never said that Labcoin is worth more than what it is now. If you check back, I actually said that I believe the prices will dip further as there is uncertainty regarding the exchange and when they will resolve the issues.
https://bitcointalksearch.org/topic/m.3244075
You never answered my question regarding the ASICMiners current network share. They have been down to about 1-2% for a couple weeks now.
You also didn't respond to ASICMiner chips being "two weeks late" that friedcat posted a few days ago.
I like how you only pick some parts of my post trying to deflect that even ASICMiner is experiencing issues.
How long did it take from the ASICMiner IPO, to them paying dividends, and subsequently paying back the IPO price?
September 27, 2013, 12:13:41 AM
Now that all the scared children have run for the hills with there losses we can finally really trade without the minipulator and day traders who've gotten screwed. Now it actually a investment. Watch the price rise into the morning mark my words
Reversed your position and bought back in, then?
September 26, 2013, 11:54:18 PM
Anybody buying now is completely retarded with their Gen 1 chip designer gone.
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