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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 603. (Read 1079974 times)

legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
People are forgetting how competitive this space is, they don't want to give competitors any info. We have a company that doesn't like to talk. Maybe an advisory board could be set up like with actm
legendary
Activity: 1311
Merit: 1000
anyone can calculate how much I will receive 17th september from divs?  Huh
4TH/s for a week should, theoretically, generate 160-ish BTC.

The contract says they will hold back 20-30% for reinvestment.  That leaves 112 BTC for distribution.

112 BTC/10,000,000 shares = 0.0000112 BTC/share

That number won't be accurate since they are solo mining.  That means their income will have around a 25 BTC granularity.  160 BTC/week also assumes absolutely average luck.

Jere

And when they pay dividends people will come on and say, "No!!! They didn't mine that BTC! They just went and bought it and are paying dividends. They're scamming you!"

They can actually prove they mined the blocks. Of course providing evidence of claims is not one of Labcoins strong points.
full member
Activity: 220
Merit: 100
anyone can calculate how much I will receive 17th september from divs?  Huh
4TH/s for a week should, theoretically, generate 160-ish BTC.

The contract says they will hold back 20-30% for reinvestment.  That leaves 112 BTC for distribution.

112 BTC/10,000,000 shares = 0.0000112 BTC/share

That number won't be accurate since they are solo mining.  That means their income will have around a 25 BTC granularity.  160 BTC/week also assumes absolutely average luck.

Jere

And when they pay dividends people will come on and say, "No!!! They didn't mine that BTC! They just went and bought it and are paying dividends. They're scamming you!"

Exactly. It would only cost them a small amount of money to pay dividends to in turn sell at a much higher price thus profiting more.
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
18 out of 20 trades on 'RECENT TRADES' (btct homepage) are for SELLS and only 2 for BUYS.  

The writing is on the wall;   SELL! SELL! SELL!
hero member
Activity: 487
Merit: 500
Are You Shpongled?
And when they pay dividends people will come on and say, "No!!! They didn't mine that BTC! They just went and bought it and are paying dividends. They're scamming you!"
Bought it? They could use the profits they have made trading those unlocked shares to pay dividends. Bitcoin is no stranger to Ponzi schemes, either.

I am out unless we get some solid proof of hashing.
sr. member
Activity: 266
Merit: 250

We think we gave enough evidence that our company and achievements are real to avoid being labeled as a "scam".

Actually all we have is words and a more or less generic chip picture. Your text posts =/= evidence, I am still invested, but I do have you as a mid-chance of a scam. A pic or something of that nature would be much appreciated.

There is 5Million USD tied up in these shares. And you lot trust that sort of money to a pic of a chip and a handful or words?

Mass insanity. If you can afford to lose your money that's fine. Just be careful/sell if you can't.
member
Activity: 110
Merit: 10
anyone can calculate how much I will receive 17th september from divs?  Huh
4TH/s for a week should, theoretically, generate 160-ish BTC.

The contract says they will hold back 20-30% for reinvestment.  That leaves 112 BTC for distribution.

112 BTC/10,000,000 shares = 0.0000112 BTC/share

That number won't be accurate since they are solo mining.  That means their income will have around a 25 BTC granularity.  160 BTC/week also assumes absolutely average luck.

Jere

And when they pay dividends people will come on and say, "No!!! They didn't mine that BTC! They just went and bought it and are paying dividends. They're scamming you!"
legendary
Activity: 1311
Merit: 1000
Nice job tanking the share price Labcoin. I swear Labcoin is the best FUD master of the bunch.
N_S
full member
Activity: 238
Merit: 100
You people are a bunch of scared, frothy-mouthed animals.

My god...
hero member
Activity: 602
Merit: 500
myBitcoin.Garden


Price is already back to where it was pre-announcement, as I predicted.  I thought it would take a few hours though and am shocked to see it took only ONE HOUR.

Let's see where this thing really goes now.  Hold on to your hats...
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
If they are mining in Asia it is the middle of the night. So I'm not too stressed with the proof until tomorrow. Just have to wait it out.
legendary
Activity: 826
Merit: 1004
Where's Mabsark then.  Come on mate let's hear what you have to say about this shambles...

Probably too busy dumping his shares as he nervously wipes the sweat from his brow.  Cry

I'm right here. I've already stated repeatedly that I won't be selling any of my shares till around November. Why? Because I'm not some retard willing to sell my shares for 0.004 when I expect to get at least 0.03 and more likely 0.05 BTC per share.

Anyone selling now is a brain dead idiot, or simply trying to cause a panic sell in order to get more cheap shares. This should be blatantly obvious, otherwise they would have sold their shares sooner.

The only reason the price dropped is because someone sold a lot of shares. Now the price has risen again and that person attempts at spreading FUD in order to buy more shares have failed. Just another person making an incredibly stupid decision.

Just wait for people in the US to find out and react. Tomorrow, the share price will be above 0.01.
People in the US are wide awake, it is afternoon here.

Which means they're most likely in work and may not be able to buy or sell at the moment.
sr. member
Activity: 420
Merit: 250
No pics! I still have open bids!
hero member
Activity: 1008
Merit: 537
@labcoin: A smart move would be to phone your partners, ask for a pic or something and make your shareholders happy. AT LEAST, you can do that, can't you ? Or you just want to see everyone dump and be angry with you now ?

EDIT: It's called an *opportunity* to make your company shine. If you miss this, that would be really a shame..
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
This news has done more harm than good. I wish I had more coins.
full member
Activity: 121
Merit: 100
anyone can calculate how much I will receive 17th september from divs?  Huh
4TH/s for a week should, theoretically, generate 160-ish BTC.

The contract says they will hold back 20-30% for reinvestment.  That leaves 112 BTC for distribution.

112 BTC/10,000,000 shares = 0.0000112 BTC/share

That number won't be accurate since they are solo mining.  That means their income will have around a 25 BTC granularity.  160 BTC/week also assumes absolutely average luck.

Jere
full member
Activity: 238
Merit: 100
Last time, you said pics would be available in a few days and today you said the same again, so when will we really see a picture of proof?
Please don't pull a BFL or MtGox's trademarked "two more weeks" on us!
full member
Activity: 126
Merit: 100
This night is going to be bad. really bad...
hero member
Activity: 486
Merit: 500
Anyone that says buy or sell will be put on ignore.  Use your own judgment trolls will exsit and fuds
member
Activity: 91
Merit: 10

We think we gave enough evidence that our company and achievements are real to avoid being labeled as a "scam".

Actually all we have is words and a more or less generic chip picture. Your text posts =/= evidence, I am still invested, but I do have you as a mid-chance of a scam. A pic or something of that nature would be much appreciated.
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