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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 203. (Read 1079974 times)

full member
Activity: 238
Merit: 100
Still not hashing ?

Their BTC wallet suggest they are hashing.

Not very fast, though average over the last payment would be 171.73Gh/s, not counting whatever extra is in the account (it would have had to be less then 0.15 an hour ago or they would have gotten a payment then)

They're still not in the top 25 on BTCGuild, so they're less then 647.94Gh/s.  

So, somewhere between 171.73Gh/s minimum and 647.94Gh/s max.
full member
Activity: 167
Merit: 100
Back to the 'Which exchange should we move to?' discussion.  Just my 2BTC but I think Labcoin should place a high preference on moving to an exchange that is operating legally in the jurisdiction in which it exists.  For example, Havelock Investments is in Canada and Canada is very friendly to alt currency start ups, going so far as to say that they are unregulated.

Let's do what we can to avoid this same situation (or worse) in the future.

I do not quite understand. Is Belize an over-regulated country?  Wink

I think what he means is, have it secure and regulated to secure our investments in-case things go pear shaped, doesn't matter where..

If there is no regulation, everything is legal. I thought that this was more or less the case in Belize. But apparently it is not like that.

If Ukyo is a U.S. citizen then he is bound to follow U.S. laws and regulations.

I do not think there are any US regulations pertaining to stocks listed in another country.
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
Still not hashing ?

Their BTC wallet suggest they are hashing.
hero member
Activity: 1008
Merit: 537
full member
Activity: 238
Merit: 100
If Ukyo is a U.S. citizen then he is bound to follow U.S. laws and regulations.

What makes you think Ukyo is in the US?
legendary
Activity: 994
Merit: 1000
Back to the 'Which exchange should we move to?' discussion.  Just my 2BTC but I think Labcoin should place a high preference on moving to an exchange that is operating legally in the jurisdiction in which it exists.  For example, Havelock Investments is in Canada and Canada is very friendly to alt currency start ups, going so far as to say that they are unregulated.

Let's do what we can to avoid this same situation (or worse) in the future.

I do not quite understand. Is Belize an over-regulated country?  Wink

I think what he means is, have it secure and regulated to secure our investments in-case things go pear shaped, doesn't matter where..

If there is no regulation, everything is legal. I thought that this was more or less the case in Belize. But apparently it is not like that.

If Ukyo is a U.S. citizen then he is bound to follow U.S. laws and regulations.
full member
Activity: 167
Merit: 100
Back to the 'Which exchange should we move to?' discussion.  Just my 2BTC but I think Labcoin should place a high preference on moving to an exchange that is operating legally in the jurisdiction in which it exists.  For example, Havelock Investments is in Canada and Canada is very friendly to alt currency start ups, going so far as to say that they are unregulated.

Let's do what we can to avoid this same situation (or worse) in the future.

I do not quite understand. Is Belize an over-regulated country?  Wink

I think what he means is, have it secure and regulated to secure our investments in-case things go pear shaped, doesn't matter where..

If there is no regulation, everything is legal. I thought that this was more or less the case in Belize. But apparently it is not like that.
legendary
Activity: 994
Merit: 1000
Back to the 'Which exchange should we move to?' discussion.  Just my 2BTC but I think Labcoin should place a high preference on moving to an exchange that is operating legally in the jurisdiction in which it exists.  For example, Havelock Investments is in Canada and Canada is very friendly to alt currency start ups, going so far as to say that they are unregulated.

Let's do what we can to avoid this same situation (or worse) in the future.

Are you suggesting that Bitfunder doesn't meet those standards? I'm not saying I prefer one over the other (I have holdings on both) but I'd just like to understand all the options and variables.

If Ukyo is following all USA laws and regulations then I would be all for it as I prefer bitfunder from a usage perspective.
sr. member
Activity: 252
Merit: 250
Back to the 'Which exchange should we move to?' discussion.  Just my 2BTC but I think Labcoin should place a high preference on moving to an exchange that is operating legally in the jurisdiction in which it exists.  For example, Havelock Investments is in Canada and Canada is very friendly to alt currency start ups, going so far as to say that they are unregulated.

Let's do what we can to avoid this same situation (or worse) in the future.

I do not quite understand. Is Belize an over-regulated country?  Wink

I think what he means is, have it secure and regulated to secure our investments in-case things go pear shaped, doesn't matter where..
full member
Activity: 167
Merit: 100
Back to the 'Which exchange should we move to?' discussion.  Just my 2BTC but I think Labcoin should place a high preference on moving to an exchange that is operating legally in the jurisdiction in which it exists.  For example, Havelock Investments is in Canada and Canada is very friendly to alt currency start ups, going so far as to say that they are unregulated.

Let's do what we can to avoid this same situation (or worse) in the future.

I do not quite understand. Is Belize an over-regulated country?  Wink
sr. member
Activity: 252
Merit: 250
Back to the 'Which exchange should we move to?' discussion.  Just my 2BTC but I think Labcoin should place a high preference on moving to an exchange that is operating legally in the jurisdiction in which it exists.  For example, Havelock Investments is in Canada and Canada is very friendly to alt currency start ups, going so far as to say that they are unregulated.

Let's do what we can to avoid this same situation (or worse) in the future.

+1
full member
Activity: 224
Merit: 100
Yay dividends! But why aren't they hashing??
They might be hashing under a different name, or they're testing something. The recent payments on blockchain seem to indicate they're still hashing at the same rate as before they were removed from the list. Weird.

They are hashing, It's just not showing up because they're less then 640Gh/s and their rank is less then 25.  Probably they're at #26 or 27.

Perhaps more hardware issues or something.
It looks like they just took the whole thing offline.
sr. member
Activity: 246
Merit: 250
My spoon is too big!
Back to the 'Which exchange should we move to?' discussion.  Just my 2BTC but I think Labcoin should place a high preference on moving to an exchange that is operating legally in the jurisdiction in which it exists.  For example, Havelock Investments is in Canada and Canada is very friendly to alt currency start ups, going so far as to say that they are unregulated.

Let's do what we can to avoid this same situation (or worse) in the future.

Are you suggesting that Bitfunder doesn't meet those standards? I'm not saying I prefer one over the other (I have holdings on both) but I'd just like to understand all the options and variables.
legendary
Activity: 994
Merit: 1000
Back to the 'Which exchange should we move to?' discussion.  Just my 2BTC but I think Labcoin should place a high preference on moving to an exchange that is operating legally in the jurisdiction in which it exists.  For example, Havelock Investments is in Canada and Canada is very friendly to alt currency start ups, going so far as to say that they are unregulated.

Let's do what we can to avoid this same situation (or worse) in the future.
hero member
Activity: 551
Merit: 500
User Labcoin is offline at bitcointalk.org, last seen 4 hours, 22 minutes ago
User TheSwede75 is *** ONLINE *** at bitcointalk.org
newbie
Activity: 46
Merit: 0
So any news/updates?

Are they minning or what?

Any news on how/when we are moving to BitFunder or Havelock?

In short - no. We don't know how fast they are hashing, and we have no official statements of moving to another exchange.
sr. member
Activity: 420
Merit: 250
So any news/updates?

Are they minning or what?

Any news on how/when we are moving to BitFunder or Havelock?

No.

Doesn't seem like it.  Not on the team ranking, no rewards in 4 hours.

No.

Labcoin, as usual, isn't talking to us.
hero member
Activity: 577
Merit: 500
Jesus was a (Goddamn) hippy socialist
So any news/updates?

Are they minning or what?

Any news on how/when we are moving to BitFunder or Havelock?
legendary
Activity: 826
Merit: 1004
They've stated that they plan on bringing 500 Th/s online by the end of the year. That is a valid possibility. If they did and they controlled 5% of the network, then the network hash rate would be 10 Ph/s. I think it's more likely that Labcoin will have 500 Th/s online than the network will be at 10 Ph/s by the end of the year. If the network was at 5 Ph/s then LC would need 250 Th/s. If they get their problems sorted and hit their targets they'll have around 200 Th/s in November.

They'd still need to keep up with that, though.  Right now they can't even keep their rank on btcguild.

I'm simply pointing out that these are Labcoin's stated targets and that these targets are certainly possible. Whether they'll hit them or not is not yet a knowable fact, therefore it's an opinion people should form for themselves. That is the risk, which is just as much a factor in LC's share price as are its current dividends. You can't determine the share price from just the dividends like vela is saying.
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
Anyway what's happening with the payments drying up

Drying up? Can you elaborate? At least every hour the payment is sent to their wallet..

What time was the last payment and what time is it now?
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