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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 425. (Read 1079974 times)

legendary
Activity: 826
Merit: 1004

I thinks it's time to look at some numbers again.

Let's assume that Labcoin was mining with 500 Th/s at the end of the year, if the network hash rate was:

  • 50.000 Ph/s, Labcoin would control 01% of the network.
  • 25.000 Ph/s, Labcoin would control 02% of the network.
  • 16.667 Ph/s, Labcoin would control 03% of the network.
  • 12.500 Ph/s, Labcoin would control 04% of the network.
  • 10.000 Ph/s, Labcoin would control 05% of the network.
  • 08.333 Ph/s, Labcoin would control 06% of the network.
  • 07.143 Ph/s, Labcoin would control 07% of the network.
  • 06.250 Ph/s, Labcoin would control 08% of the network.
  • 05.556 Ph/s, Labcoin would control 09% of the network.
  • 05.000 Ph/s, Labcoin would control 10% of the network.

BTC/Block = 25
Blocks/Round = 2,016
BTC/Round = 50,400

If Labcoin controlled:

  • 01%, they would mine 504 BTC per difficulty round, 352.8 BTC (70%) going towards dividends giving 0.00003528 BTC/share/round.
  • 02%, they would mine 1,008 BTC per difficulty round, 705.6 BTC (70%) going towards dividends giving 0.00007056 BTC per share per round.
  • 03%, they would mine 1,512 BTC per difficulty round, 1,058.4 BTC (70%) going towards dividends giving 0.00010584 BTC per share per round.
  • 04%, they would mine 2,016 BTC per difficulty round, 1,411.2 BTC (70%) going towards dividends giving 0.00014112 BTC per share per round.
  • 05%, they would mine 2,520 BTC per difficulty round, 1,764.0 BTC (70%) going towards dividends giving 0.00017640 BTC per share per round.
  • 06%, they would mine 3,024 BTC per difficulty round, 2,116.8 BTC (70%) going towards dividends giving 0.00021168 BTC per share per round.
  • 07%, they would mine 3,528 BTC per difficulty round, 2,469.6 BTC (70%) going towards dividends giving 0.00024696 BTC per share per round.
  • 08%, they would mine 4,032 BTC per difficulty round, 2,822.4 BTC (70%) going towards dividends giving 0.00028224 BTC per share per round.
  • 09%, they would mine 4,536 BTC per difficulty round, 3,175.2 BTC (70%) going towards dividends giving 0.00031752 BTC per share per round.
  • 10%, they would mine 5,040 BTC per difficulty round, 3,528.0 BTC (70%) going towards dividends giving 0.00035280 BTC per share per round.




Trying to pump up the price above 0.03 so you can dump? A lot of people purchased at a high price and need to get it back up there to dump their shares because they know the time to get out is now.

I'm only stating facts. Also, Labcoin hasn't even been at a high price yet.  Cheesy
hero member
Activity: 1008
Merit: 537
Any one want to bet on how high the price goes come Monday afternoon.

I frigin hope so, just bought some shares..  I like risks

Your going to see a double if not a triple followed by a taper of. It should hit .00365 minimum. All the fudidiots just got proven wrong with the recent news!

Proven ? Hmm let me remind you that it was an ANNOUNCEMENT of an ANNOUCEMENT. And everyone here (almost) knows how it works now.
hero member
Activity: 714
Merit: 510

I thinks it's time to look at some numbers again.

Let's assume that Labcoin was mining with 500 Th/s at the end of the year, if the network hash rate was:

  • 50.000 Ph/s, Labcoin would control 01% of the network.
  • 25.000 Ph/s, Labcoin would control 02% of the network.
  • 16.667 Ph/s, Labcoin would control 03% of the network.
  • 12.500 Ph/s, Labcoin would control 04% of the network.
  • 10.000 Ph/s, Labcoin would control 05% of the network.
  • 08.333 Ph/s, Labcoin would control 06% of the network.
  • 07.143 Ph/s, Labcoin would control 07% of the network.
  • 06.250 Ph/s, Labcoin would control 08% of the network.
  • 05.556 Ph/s, Labcoin would control 09% of the network.
  • 05.000 Ph/s, Labcoin would control 10% of the network.

BTC/Block = 25
Blocks/Round = 2,016
BTC/Round = 50,400

If Labcoin controlled:

  • 01%, they would mine 504 BTC per difficulty round, 352.8 BTC (70%) going towards dividends giving 0.00003528 BTC/share/round.
  • 02%, they would mine 1,008 BTC per difficulty round, 705.6 BTC (70%) going towards dividends giving 0.00007056 BTC per share per round.
  • 03%, they would mine 1,512 BTC per difficulty round, 1,058.4 BTC (70%) going towards dividends giving 0.00010584 BTC per share per round.
  • 04%, they would mine 2,016 BTC per difficulty round, 1,411.2 BTC (70%) going towards dividends giving 0.00014112 BTC per share per round.
  • 05%, they would mine 2,520 BTC per difficulty round, 1,764.0 BTC (70%) going towards dividends giving 0.00017640 BTC per share per round.
  • 06%, they would mine 3,024 BTC per difficulty round, 2,116.8 BTC (70%) going towards dividends giving 0.00021168 BTC per share per round.
  • 07%, they would mine 3,528 BTC per difficulty round, 2,469.6 BTC (70%) going towards dividends giving 0.00024696 BTC per share per round.
  • 08%, they would mine 4,032 BTC per difficulty round, 2,822.4 BTC (70%) going towards dividends giving 0.00028224 BTC per share per round.
  • 09%, they would mine 4,536 BTC per difficulty round, 3,175.2 BTC (70%) going towards dividends giving 0.00031752 BTC per share per round.
  • 10%, they would mine 5,040 BTC per difficulty round, 3,528.0 BTC (70%) going towards dividends giving 0.00035280 BTC per share per round.




Trying to pump up the price above 0.03 so you can dump? A lot of people purchased at a high price and need to get it back up there to dump their shares because they know the time to get out is now.
legendary
Activity: 826
Merit: 1004

I thinks it's time to look at some numbers again.

Let's assume that Labcoin was mining with 500 Th/s at the end of the year, if the network hash rate was:

  • 50.000 Ph/s, Labcoin would control 01% of the network.
  • 25.000 Ph/s, Labcoin would control 02% of the network.
  • 16.667 Ph/s, Labcoin would control 03% of the network.
  • 12.500 Ph/s, Labcoin would control 04% of the network.
  • 10.000 Ph/s, Labcoin would control 05% of the network.
  • 08.333 Ph/s, Labcoin would control 06% of the network.
  • 07.143 Ph/s, Labcoin would control 07% of the network.
  • 06.250 Ph/s, Labcoin would control 08% of the network.
  • 05.556 Ph/s, Labcoin would control 09% of the network.
  • 05.000 Ph/s, Labcoin would control 10% of the network.

BTC/Block = 25
Blocks/Round = 2,016
BTC/Round = 50,400

If Labcoin controlled:

  • 01%, they would mine 504 BTC per difficulty round, 352.8 BTC (70%) going towards dividends giving 0.00003528 BTC/share/round.
  • 02%, they would mine 1,008 BTC per difficulty round, 705.6 BTC (70%) going towards dividends giving 0.00007056 BTC per share per round.
  • 03%, they would mine 1,512 BTC per difficulty round, 1,058.4 BTC (70%) going towards dividends giving 0.00010584 BTC per share per round.
  • 04%, they would mine 2,016 BTC per difficulty round, 1,411.2 BTC (70%) going towards dividends giving 0.00014112 BTC per share per round.
  • 05%, they would mine 2,520 BTC per difficulty round, 1,764.0 BTC (70%) going towards dividends giving 0.00017640 BTC per share per round.
  • 06%, they would mine 3,024 BTC per difficulty round, 2,116.8 BTC (70%) going towards dividends giving 0.00021168 BTC per share per round.
  • 07%, they would mine 3,528 BTC per difficulty round, 2,469.6 BTC (70%) going towards dividends giving 0.00024696 BTC per share per round.
  • 08%, they would mine 4,032 BTC per difficulty round, 2,822.4 BTC (70%) going towards dividends giving 0.00028224 BTC per share per round.
  • 09%, they would mine 4,536 BTC per difficulty round, 3,175.2 BTC (70%) going towards dividends giving 0.00031752 BTC per share per round.
  • 10%, they would mine 5,040 BTC per difficulty round, 3,528.0 BTC (70%) going towards dividends giving 0.00035280 BTC per share per round.
sr. member
Activity: 420
Merit: 250
18 BTC till .003

Oof.  Those guys who just sold at 0.0025 are gonna get bloody.
full member
Activity: 158
Merit: 100
Any one want to bet on how high the price goes come Monday afternoon.

I frigin hope so, just bought some shares..  I like risks

Your going to see a double if not a triple followed by a taper of. It should hit .00365 minimum. All the fudidiots just got proven wrong with the recent news!
full member
Activity: 182
Merit: 100
sr. member
Activity: 252
Merit: 250
Any one want to bet on how high the price goes come Monday afternoon.

I frigin hope so, just bought some shares..  I like risks
full member
Activity: 158
Merit: 100
full member
Activity: 158
Merit: 100
Any one want to bet on how high the price goes come Monday afternoon.
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.


Because some have missed the above


with some bold BBQ sauce on it

Thanks, I saw someone quoted earlier thinking the rise was from the address guessing going on earlier, not the announcement.
sr. member
Activity: 420
Merit: 250

Tens of thousands of shares dumped under 0.0026. 

Wonder how high they'll have to buy back in at...


 Grin Grin Grin Grin Grin
legendary
Activity: 826
Merit: 1004
For those that lost out during the current FUD storm, I hope you learned something from the lesson.
sr. member
Activity: 392
Merit: 250

Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.


Because some have missed the above


with some bold BBQ sauce on it
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.

Because some have missed the above
sr. member
Activity: 476
Merit: 250
What's 9+7? What's the date today? What will the date be on Wednesday?
16
Today is September 16 in China
Weds will be Sep 18

Do weeks in China go from Monday to the Weds of the following week?


So, when you say Labcoin lied, what you actually mean is that they will be a couple of days late?

which lie are you referring to?  the one where they said last week or the one where they said this week or the one where they said in October or the one where they said they didn't want to post it or the one where they say two weeks or the one where they say next message?

More promises don't make the previous promises true.  Grin
sr. member
Activity: 252
Merit: 250
I'm sorry to but in this convo but I really need some help please..

I want to buy shares in something..

Whats 'Call Options'
CALL #3948       Expire?  5 d, 4 h, 2 m

Once again, sorry to bug you guys but please help Sad  I don't know who else to ask..

Don't buy options if you don't know what you're doing.  You'll just be handing your money over to someone.

Options are contracts that give you the right to buy a share at a certain price by a certain time (the strike price), but, in order to do that you have to buy the contract (i.e. pay the premium)

You can make a ton of money doing so if you can predict the market, either up or down. For example, if you bought an option to buy the stock for 0.003 and paid a premium of 0.0002. You would only be out 0.0002, and you'd hold the option for a few days.   If the price never goes above 0.003 during that time period, you'd just lose all your money.

On the other hand, if the price were to go up to when the contract was up, 0.00304, you could buy a share at 0.0030, and then immediately sell them for 0.00304. You'd make 0.0002btc, but you'd still be out the original 0.0002 you paid for the contract, and you'd have a 50% loss.

On the other hand, let's say the price goes to 0.006.  You pay the premium, and you're out 0.0002.  But, you can now buy the shares for 0.003 and sell them at 0.006, for a 0.003 profit.  Minus the original 0.0002, that comes out to 0.0028 total profit. 1400% profit, compared to only a 50% rise in share price.

However, on btct.co the options are all way over priced, the "premium" price is much to high.  That means if you buy them you'll almost certainly just lose your money.

Thank you, good advice and demonstration..
full member
Activity: 238
Merit: 100
Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

While I'd definitely feel pretty good about guessing right, I kinda hoped they'd pick a cool vanity address like "1LABCOIN01go8ang98....." or something.

That node might just be some random person with $40k worth of bitfury chips.

Good idea!!!

Thanks.  '1LABCOIN' might be hard to find, but they could probably get something like '1LabC0...." or something like that.

1LABCOIN address can be found in 10 min.

Oh.  Well, that's convenient Smiley
member
Activity: 68
Merit: 10
Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

While I'd definitely feel pretty good about guessing right, I kinda hoped they'd pick a cool vanity address like "1LABCOIN01go8ang98....." or something.

That node might just be some random person with $40k worth of bitfury chips.

Good idea!!!

Thanks.  '1LABCOIN' might be hard to find, but they could probably get something like '1LabC0...." or something like that.

1LABCOIN address can be found in 10 min.
full member
Activity: 238
Merit: 100
Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

While I'd definitely feel pretty good about guessing right, I kinda hoped they'd pick a cool vanity address like "1LABCOIN01go8ang98....." or something.

That node might just be some random person with $40k worth of bitfury chips.

Good idea!!!

Thanks.  '1LABCOIN' might be hard to find, but they could probably get something like '1LabC0...." or something like that.
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