[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 331.

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: superduh on September 18, 2013, 07:48:47 PM

3 btc "donation" is nothing if you can make 50x more from trading Cheesy

Assuming the villain traded the move and went in at .0021-.0023, he would have gained at the top of .0028 approx. .0005-.0007 per share. To stay profitable or gain more than 3.25, he needs at least 4650-6500 shares. That's not that much and the volume was significantly higher during that timeframe. So ít is absolutely possible, that this was indeed a "clever investment".

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: codegnome on September 18, 2013, 07:38:52 PM

So let me get this right. Someone mined 3 BTC and sent it to the Labcoin wallet to cause a price spike?

Which I bought into.

How dumb am I? What kind a person does this?

Well, someone with some serious hashing power...

Quote from: VolanicEruptor on September 18, 2013, 07:47:59 PM

3 BTC / 10,000,000 shares is .0000003/share. We are the new wealthy elite, ladies and gentlemen.

I'm buying the ticket to Bora Bora, retirement here I go!

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

Deprived has been hitting the sauce again which is always good for a chuckle, but guess who his latest target is...

https://bitcointalksearch.org/topic/m.3186052

Ytterbium

full member

Activity: 238

Merit: 100

Quote from: velacreations on September 18, 2013, 07:58:46 PM

Quote from: ShroomsKit on September 18, 2013, 07:57:01 PM

You know they don't give a shit.

I would think that they would want to show us all that they are legit...

Quote from: TheSwede75 on September 18, 2013, 03:13:06 PM

Quote from: velacreations on September 18, 2013, 03:08:29 PM

Quote from: FloatesMcgoates on September 18, 2013, 03:06:32 PM

As I had predicted, labcoin currently has 0 TH of mining power.

+1

I am going to let the mining speak for itself when the pool merge is complete. I would like to note however that even with 5+ TH solo-mining it can easily take 2+ days to find a block due to variance, hence the move to pool-mining.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: ShroomsKit on September 18, 2013, 07:57:01 PM

You know they don't give a shit.

I would think that they would want to show us all that they are legit...

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: Pompobit on September 18, 2013, 07:46:17 PM

Quote from: JWU90 on September 18, 2013, 07:44:40 PM

Quote from: Pompobit on September 18, 2013, 07:42:32 PM

if someone did it, he is a fucked evil genius

he will be even more of a genius if he does it a second time.

that's what I was thinking about... but I hope labcoin or theswede will open the mouth before the 31 confirmations left

You know they don't give a shit.

KCBitcoin

full member

Activity: 224

Merit: 100

Quote from: Ukyo on September 18, 2013, 07:48:28 PM

Quote from: Ytterbium on September 18, 2013, 07:46:14 PM

You can keep track of when the next payments are coming in here: http://mining.bitcoin.cz/stats/

If they get another 3.2btc, it will mean they have about 8.5TH/s since 25/3.2 = 7.8125 and 7.8125*67Th/s = 8.576

Careful, quite a few of slush's blocks are 26 and 27btc each. Wink

This would account for a slightly smaller TH rate.

but the one labcoin got was 25.09665649btc

superduh

hero member

Activity: 602

Merit: 500

Quote from: Ukyo on September 18, 2013, 07:46:55 PM

Meh, if he want's to keep donating 6TH worth of mining to labcoin shareholders I for one am happy to accept. Wink

3 btc "donation" is nothing if you can make 50x more from trading Cheesy

Ukyo

sr. member

Activity: 448

Merit: 250

Quote from: Ytterbium on September 18, 2013, 07:46:14 PM

You can keep track of when the next payments are coming in here: http://mining.bitcoin.cz/stats/

If they get another 3.2btc, it will mean they have about 8.5TH/s since 25/3.2 = 7.8125 and 7.8125*67Th/s = 8.576

Careful, quite a few of slush's blocks are 26 and 27btc each. Wink

This would account for a slightly smaller TH rate.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

3 BTC / 10,000,000 shares is .0000003/share. We are the new wealthy elite, ladies and gentlemen.

Ukyo

sr. member

Activity: 448

Merit: 250

Meh, if he want's to keep donating 6TH worth of mining to labcoin shareholders I for one am happy to accept. Wink

Pompobit

hero member

Activity: 736

Merit: 508

Quote from: JWU90 on September 18, 2013, 07:44:40 PM

Quote from: Pompobit on September 18, 2013, 07:42:32 PM

if someone did it, he is a fucked evil genius

he will be even more of a genius if he does it a second time.

that's what I was thinking about... but I hope labcoin or theswede will open the mouth before the 31 confirmations left

Ytterbium

full member

Activity: 238

Merit: 100

You can keep track of when the next payments are coming in here: http://mining.bitcoin.cz/stats/

If they get another 3.2btc, it will mean they have about 8.5TH/s since 25/3.2 = 7.8125 and 7.8125*67Th/s = 8.576

KCBitcoin

full member

Activity: 224

Merit: 100

Quote from: Ytterbium on September 18, 2013, 07:42:01 PM

Quote from: codegnome on September 18, 2013, 07:38:52 PM

So let me get this right. Someone mined 3 BTC and sent it to the Labcoin wallet to cause a price spike?

Which I bought into.

How dumb am I? What kind a person does this?

Maybe that happened. A more plausible scenario is that labcoin is actually mining. We'll have to see when another payment comes in.

Slush's next payment still has 27 confirmations left. So once the network finds 27 more blocks we should know.

Slush's is a pretty terrible pool to mine on if you're equipment is unstable, though. The shares you submit only hold value for 5 minutes or so, then start to exponentially decline. If you're offline for more then 5 minutes, you basically get nothing for the work you put in.

are we talking about Block #258662?

tucenaber

sr. member

Activity: 337

Merit: 252

Keep donating I say!!

JWU90

full member

Activity: 203

Merit: 100

Quote from: Pompobit on September 18, 2013, 07:42:32 PM

if someone did it, he is a fucked evil genius

he will be even more of a genius if he does it a second time.

codegnome

sr. member

Activity: 782

Merit: 258

Betking.io - Best Bitcoin Casino

Quote from: Pompobit on September 18, 2013, 07:42:32 PM

if someone did it, he is a fucked evil genius

A butthead is more like it. Thanks for the explanations.

Pompobit

hero member

Activity: 736

Merit: 508

if someone did it, he is a fucked evil genius

Ytterbium

full member

Activity: 238

Merit: 100

Quote from: codegnome on September 18, 2013, 07:38:52 PM

So let me get this right. Someone mined 3 BTC and sent it to the Labcoin wallet to cause a price spike?

Which I bought into.

How dumb am I? What kind a person does this?

Maybe that happened. A more plausible scenario is that labcoin is actually mining. We'll have to see when another payment comes in.

Slush's next payment still has 27 confirmations left. So once the network finds 27 more blocks we should know.

Slush's is a pretty terrible pool to mine on if you're equipment is unstable, though. The shares you submit only hold value for 5 minutes or so, then start to exponentially decline. If you're offline for more then 5 minutes, you basically get nothing for the work you put in.

superduh

hero member

Activity: 602

Merit: 500

Quote from: 🏰 TradeFortress 🏰 on September 18, 2013, 07:39:37 PM

Quote from: codegnome on September 18, 2013, 07:38:52 PM

So let me get this right. Someone mined 3 BTC and sent it to the Labcoin wallet to cause a price spike?

Which I bought into.

How dumb am I? What kind a person does this?

Only Labcoin and a possible manipulator knows if this is true or not.

yup
a pic of some shit hashing would go a long way.

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 331. (Read 1079974 times)