Quote
Total Received 0.0082166 BTC
We're rich! Amazing company! Etc!
Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 338. (Read 1079974 times)
September 18, 2013, 06:33:06 PM
Dividuds are rolling in!
We're rich! Amazing company! Etc!
We're rich! Amazing company! Etc!
September 18, 2013, 06:32:57 PM
So what's up ? Labcoin is taken down finally or not ?
September 18, 2013, 06:18:57 PM
I'm surprised this stock hasn't imploded already, I just hope that it won't take btc-tc with it.
Well, based on: http://kryptotrader.com/api/securities.php?site=BTCT&query=LABCOIN
Labcoin's 30day BTC volume is about 58k BTC.
from BTCT.co's main page, they have only bone 95k BTC total trades in the last 30 days.
If labcoin drops, it will definitely take away more than half to 1/3rd of btct's total trade volume.
-Ukyo
September 18, 2013, 06:17:57 PM
WE NEED SOLID FACTS LABCOIN. GIVE US PROOF OF YOUR HASHING, A PAYOUT ADDRESS WITH CONSTANT PAYMENTS, SOMETHING TO PROVE YOU'RE HASHING.
That's all we need.... it would have avoided over 100 pages of nonsense IMO...
That's all we need.... it would have avoided over 100 pages of nonsense IMO...
Are you reading the thread at all? They are not hashing.
September 18, 2013, 06:17:26 PM
LC may still have some value if they start seeing regular income on that address. But how do we know they're not going to say "Hey guys, we decided to change the mining address. New address will be posted in 3 days"
Now why in the world would they do that? That's ridiculous.
September 18, 2013, 06:16:45 PM
Yeah, their credibility is pretty bad right now. They said they were hashing, then they said they weren't able to hash 'stably'. Then they posted those ridiculous board pictures. Now it seems like they're not hashing at all, and it took them days and days to do something that should have required barely any work - just posting a mining address.
It's ridiculous. It's not like 'things will be fine' once the hashing actually starts. After blowing so much credibility, fewer people are going to trust them and the share price is going to remain low.
The thing is, they actually built up credibility with the way they did their IPO, not taking more money then they could have, etc. And... now they squandered it.
LC may still have some value if they start seeing regular income on that address. But how do we know they're not going to say "Hey guys, we decided to change the mining address. New address will be posted in 3 days"
+1 exactly right. credibility means a lot when you are first starting out, and especially when you expect people to value your company more than what it is currently worth.It's ridiculous. It's not like 'things will be fine' once the hashing actually starts. After blowing so much credibility, fewer people are going to trust them and the share price is going to remain low.
The thing is, they actually built up credibility with the way they did their IPO, not taking more money then they could have, etc. And... now they squandered it.
LC may still have some value if they start seeing regular income on that address. But how do we know they're not going to say "Hey guys, we decided to change the mining address. New address will be posted in 3 days"
An added thing to note: every day the network grows, and we learn that LC has missed at least a week of hashing (maybe more). Now, sure, that week of revenue would not have been much, but that same hash rate (2TH/s) earns considerably less in another week, or 2 weeks or 4, etc.
The point is, time is money, and they are behind schedule. They didn't have a lot of room for error, anyway, but now, if this pattern continues, they'll likely fail.
September 18, 2013, 06:16:18 PM
I'm surprised this stock hasn't imploded already, I just hope that it won't take btc-tc with it.
+1
I doubt though that it will take btct with it. This is bitcoin, and people are responsible for the shit they fall for.
There are hundreds of loud warning voices here, and everyone who chooses to ignore those warnings because of their idiotic blinding greed deserves to get every last satoshi stolen from them.
September 18, 2013, 06:15:19 PM
WE NEED SOLID FACTS LABCOIN. GIVE US PROOF OF YOUR HASHING, A PAYOUT ADDRESS WITH CONSTANT PAYMENTS, SOMETHING TO PROVE YOU'RE HASHING.
That's all we need.... it would have avoided over 100 pages of nonsense IMO...
That's all we need.... it would have avoided over 100 pages of nonsense IMO...
September 18, 2013, 06:12:19 PM
Yeah, their credibility is pretty bad right now. They said they were hashing, then they said they weren't able to hash 'stably'. Then they posted those ridiculous board pictures. Now it seems like they're not hashing at all, and it took them days and days to do something that should have required barely any work - just posting a mining address.
It's ridiculous. It's not like 'things will be fine' once the hashing actually starts. After blowing so much credibility, fewer people are going to trust them and the share price is going to remain low.
The thing is, they actually built up credibility with the way they did their IPO, not taking more money then they could have, etc. And... now they squandered it.
LC may still have some value if they start seeing regular income on that address. But how do we know they're not going to say "Hey guys, we decided to change the mining address. New address will be posted in 3 days"
It's ridiculous. It's not like 'things will be fine' once the hashing actually starts. After blowing so much credibility, fewer people are going to trust them and the share price is going to remain low.
The thing is, they actually built up credibility with the way they did their IPO, not taking more money then they could have, etc. And... now they squandered it.
LC may still have some value if they start seeing regular income on that address. But how do we know they're not going to say "Hey guys, we decided to change the mining address. New address will be posted in 3 days"
September 18, 2013, 06:10:16 PM
This is just too dramatic. I need to stop following this thread.
September 18, 2013, 06:06:09 PM
It didn't look correct without adding TheSwede75's quote, sorry about that.
I agree! September 18, 2013, 06:04:08 PM
We're currently averaging about 2 TH/s in solo mode, and expect to deploy at least 4 TH by monday 16, to reach gradually 50 TH within October.
Then again:
We're mining in solo mode
and again:
Not really a drop to 2 TH, this is roughly the speed we're mining at now, it will reach 4 TH next monday.
and again:
We are indeed mining
Of course anyone can create and sign an address, I do not expect this to do anything until the point that mining starts. However I figured it was best to have it done before mining starts just to 'have it done'.
This is so bad! They are simply lying. And they don't give a shit.
September 18, 2013, 05:58:33 PM
Who will pay 25 BTC ? div will be larger than the AM, shares will go to the moon 
September 18, 2013, 05:58:23 PM
I'm surprised this stock hasn't imploded already, I just hope that it won't take btc-tc with it.
September 18, 2013, 05:56:38 PM
2 no votes from BTCT.co mods now
Will Labcoin be suspended or delisted when the score becomes negative?No, the score itself doesn't mean much anymore after a company has been approved for IPO. At best, it could be a trigger for Burnside to intervene.
Odds Burnside will remove 28,000 btc in market cap from his users- 0.0%
September 18, 2013, 05:56:02 PM
2 no votes from BTCT.co mods now
Will Labcoin be suspended or delisted when the score becomes negative? September 18, 2013, 05:55:24 PM
2 no votes from BTCT.co mods now
Will Labcoin be suspended or delisted when the score becomes negative?No, the score itself doesn't mean much anymore after a company has been approved for IPO. At best, it could be a trigger for Burnside to intervene.
September 18, 2013, 05:54:47 PM
We're currently averaging about 2 TH/s in solo mode, and expect to deploy at least 4 TH by monday 16, to reach gradually 50 TH within October.
Then again:
We're mining in solo mode
and again:
Not really a drop to 2 TH, this is roughly the speed we're mining at now, it will reach 4 TH next monday.
and again:
We are indeed mining
Of course anyone can create and sign an address, I do not expect this to do anything until the point that mining starts. However I figured it was best to have it done before mining starts just to 'have it done'.
Hey, did you just steal my post without quoting me?
September 18, 2013, 05:54:46 PM
We're currently averaging about 2 TH/s in solo mode, and expect to deploy at least 4 TH by monday 16, to reach gradually 50 TH within October.
Then again:
We're mining in solo mode
and again:
Not really a drop to 2 TH, this is roughly the speed we're mining at now, it will reach 4 TH next monday.
and again:
We are indeed mining
Of course anyone can create and sign an address, I do not expect this to do anything until the point that mining starts. However I figured it was best to have it done before mining starts just to 'have it done'.
I took that final statement to mean "until the point that pool mining starts."
September 18, 2013, 05:54:33 PM
2 no votes from BTCT.co mods now
Will Labcoin be suspended or delisted when the score becomes negative? Jump to: