[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 207.

MikeyVeez

full member

Activity: 896

Merit: 102

Quote from: GreekGeek on September 24, 2013, 12:03:04 PM

Quote from: MikeyVeez on September 24, 2013, 12:01:48 PM

should we have received the dividends into our wallet yet? from what address is it coming from?

it's in your BTCT wallet

What do you mean? it doesn't automatically send it to my wallet? When I click on my wallet on BTCT, it shows 0 even though under dividends it shows the dividend.

radiumsoup

sr. member

Activity: 356

Merit: 255

Quote from: ltiv on September 24, 2013, 11:55:30 AM

Quote from: pedrog on September 24, 2013, 11:52:44 AM

This is it guys, we are the new rich!!

฿ 0.00000147 per share, oh boy, feels like ActiveMining, let the dozens of Satoshis flow...

Now serious, shouldn't the dividend distribution be halted until this BTCTC mess be resolved?

This people at Labcoin doesn't say anything, do we have options?

Quote from: labcoin on September 23, 2013, 07:17:18 AM

All btct shares will be converted to direct shares ~~as soon as we receive official communication from Ethan Burnside~~ before 31 October.
Dividends will be paid regularly until the btct platform is available.

I assume he meant, dividends will continue to be paid on the exchange until further notice (?)

I'm pretty sure he meant, "until the new platform is available" - or "until btct is not available"... something to indicate divs will continue to be paid on BTCT as long as BTCT is still the exchange of record.

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: ltiv on September 24, 2013, 11:55:30 AM

Quote from: pedrog on September 24, 2013, 11:52:44 AM

This is it guys, we are the new rich!!

฿ 0.00000147 per share, oh boy, feels like ActiveMining, let the dozens of Satoshis flow...

Now serious, shouldn't the dividend distribution be halted until this BTCTC mess be resolved?

This people at Labcoin doesn't say anything, do we have options?

Quote from: labcoin on September 23, 2013, 07:17:18 AM

All btct shares will be converted to direct shares ~~as soon as we receive official communication from Ethan Burnside~~ before 31 October.
Dividends will be paid regularly until the btct platform is available.

I assume he meant, dividends will continue to be paid on the exchange until further notice (?)

Yes, I've read that, but i think we are in a special situation, they have messed up a lot till now, they should channel all their resources into giving this shares a new home, as problems may arise and have to be sorted out until BTCTC is closed down.

SoylentCreek

sr. member

Activity: 266

Merit: 250

Quote from: MikeyVeez on September 24, 2013, 11:57:39 AM

฿ 0.00000147 per share this is with about 800-1TH.

Does this mean that if they have 500TH, that dividend would 500X more?

If they could bring 500TH online this very minute, then yes. That being said, they cannot and will not be able to bring 500TH online before the difficulty goes up. Still, IF they can bring 20TH online in the next couple of weeks, it is feasible to suggest that the div payout will be much higher.

GreekGeek

hero member

Activity: 577

Merit: 500

Jesus was a (Goddamn) hippy socialist

Quote from: MikeyVeez on September 24, 2013, 12:01:48 PM

should we have received the dividends into our wallet yet? from what address is it coming from?

it's in your BTCT wallet

MikeyVeez

full member

Activity: 896

Merit: 102

should we have received the dividends into our wallet yet? from what address is it coming from?

Zakryze

sr. member

Activity: 308

Merit: 250

Quote from: MikeyVeez on September 24, 2013, 11:57:39 AM

฿ 0.00000147 per share this is with about 800-1TH.

Does this mean that if they have 500TH, that dividend would 500X more?

This depends on the total capacity/hashingpower of the network but no. if they had 500TH the whole network would have grown by 499TH at least so it would be smaller than that.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Before the FUDsters that sold before the dividend come out of the woodwork, lets just take one bit of information and let it sink in.

Already the dividend is 147 satoshi, this is the lowest dividend you will ever receive as hash rate will expand faster than the network from here on out.

Let the good times come!

MikeyVeez

full member

Activity: 896

Merit: 102

฿ 0.00000147 per share this is with about 800-1TH.

Does this mean that if they have 500TH, that dividend would 500X more?

ltiv

member

Activity: 66

Merit: 10

Quote from: pedrog on September 24, 2013, 11:52:44 AM

This is it guys, we are the new rich!!

฿ 0.00000147 per share, oh boy, feels like ActiveMining, let the dozens of Satoshis flow...

Now serious, shouldn't the dividend distribution be halted until this BTCTC mess be resolved?

This people at Labcoin doesn't say anything, do we have options?

Quote from: labcoin on September 23, 2013, 07:17:18 AM

All btct shares will be converted to direct shares ~~as soon as we receive official communication from Ethan Burnside~~ before 31 October.
Dividends will be paid regularly until the btct platform is available.

I assume he meant, dividends will continue to be paid on the exchange until further notice (?)

dopamine

hero member

Activity: 486

Merit: 500

Wonder what the trolls are gonna say now to bring the price even lower?

pedrog

legendary

Activity: 2786

Merit: 1031

This is it guys, we are the new rich!!

฿ 0.00000147 per share, oh boy, feels like ActiveMining, let the dozens of Satoshis flow...

Now serious, shouldn't the dividend distribution be halted until this BTCTC mess be resolved?

This people at Labcoin doesn't say anything, do we have options?

ltiv

member

Activity: 66

Merit: 10

If my assumptions are correct, we have 2 more dividend payouts until we're forcibly forced out of BTC-TC and into a new exchange! Looking forward to the next couple of dividend payouts. Cheesy