Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 637. (Read 1079974 times)

Well, f*ck...I forgot that part. Do I need to multiply the whole div/share part with 0.8?

EDIT: According to the stockholder agreement, 70-80% of the above-calculated total profit will be paid out in divs monthly, so a multiplication with 0.7 is good for calculating worst divs.

Expenses are not included and are non-trivial.

I made a little calculation, which excludes difficulty, and calculates the minimum div/share at a given LC hash rate, and a given total network hashrate, And I need confirmation on the validity of this. So:

Difficulty is the "tool" of the network to adjust the speed of block generation. This upward hashrate trend forces difficulty to rise in order to slow down block generation from 7min/block to 10min/block. This rougly means that whatever may come, block generation won't be slower than 10 min/block (@ this current upward total hashrate trend). Therefore we can calculate the lowest div/share of LC if we know: the hashrate of LC, and the total hashrate.
The simplified, diff-excluded formula is this:

Total LC mining profit = LC hashrate/Total Hashrate * 144 (a day is 1440 min long, so 144 blocks a day) * 30 (number of days of the month) * 25 (block reward excluding transaction fees)

And dividing this by 10million comes the div/share/month.
This formula does not care about the fact, that the LC hashrate/total hashrate ratio does not necessarily equal with the LC mined blocks/ total mined blocks ratio, but as far as I know it is pessimistic enough to let us exclude that fact too.

So the concept is: Block generation is fixed 10 mins (which is the longest possible generation time in an upward hashrate trend), and the LC mined blocks/ total mined blocks ratio equals with the LC hashrate / total hashrate ratio.


What do you think? Is this formula a valid way to calculate the worst div possible @ a given LC and total hashrate?

Agreed, if we're talking about a fix hashrate.
But people in this context often calculate like "If you have x.x% share of the network, you'll make X BTC per month".
If you're just taking "25BTC/10min total for the network", that is wrong and your calculated profit will be too low.

That's actually not that relevant, since you only "benefit" from increasing difficulty if you can keep up with it.  So you while it's true coins are generated more quickly then they should be, it's also true that it means you, personally, make less money then you would if it was static.

There is way more than 3600 BTC a day, because we don't have a confirmation time of 10 minutes.
And that will continue for the foreseeable future, as long as we have an increasing difficulty.
All the mining calculators and calculations like your's don't factor that in, so they are always underestimating.

Not sure if wrong thread, or someone programmed their trading bot to post randomly from FUD text tables.

Agree. I already did that kind of mistake 

You'll miss the price increase. Guaranteed.

Like what ? AM ? lol

 People are just moving their money into other alternatives that are more profitable in short term bases.

Hmm, this is interesting.  Check out the ActM chart, there was a huge dump about an hour ago, if add up the entries in the history, there were 17,858 shares dumped between 14:22 and 14:25. on btct.co.  It took the price 0.00436 to 0.03921  That's an 11% drop.
 
 (I'm not sure if it was one big order and took 3m for btct to execute or it was done in three stages.)
Now, there is also a 15,000 share buy order on the board for labcoin at .0032  I noticed since I had to move my bid up to be above it. Seems like it could be related.

Until this whale gets bored there will be a price floor around 0.0032. And if they get bored and decide to just buy, they'll jack the price up to 0.003519 in order to get 15,000 shares.

This kind of thing is why you can't possibly do chart-voodoo-astrology on stocks like this.  One bored whale decides to sell activeminer, the price drops by 11%.  One bored whale decides to buy labcoin and sets a price floor that will last for days (or until he gets bored) or could potentially jack the price up by 10%. if they get impatient.

I guarantee you this whale didn't make their decision based on the number of "red engulfing candles", "diving swans", or other voodoo mysticism on the chart.

Hi DeathAndTaxes!
Help to protect minority shareholder vs dilution. Please join to discussion: here1, here2.

Minority shareholder must have right of first offer.

I've been called a "troll" a bunch of times by people who seem to have no tolerance for any kind of negativity. It's ridiculous.  These companies absolutely need critical analysis.

I apologize then. I've been attacked by so many LC cheerleaders I can't even tell who's hostile anymore.

The shares are not mine. Therefore my vigilance is increased.

It's called a joke dude, lighten up.


I want the price to go down so my buys orders get filled.  

The other day bargraphics was saying he sold all his ActM stock then later said that wasn't true, he'd just been saying that in an attempt to drive the price down and get more cheap shares. These positions create weird incentives. You also seemed kind of harsh for someone with 5k shares.

And, as I said - I have buy orders, and if someone were to dump 5k shares my order would get filled

1T will mine you 5.78btc today...... http://www.bitcoinx.com/profit/

Creativex can give you real world payouts as he pays daily divs.

ACTM's order book is weak.  Maybe 1 person might make off decently.

Did I get the address wrong? Is this *NOT* a discussion board? Is this NOT the labcoin thread? I didn't see a neon sign anywhere that said "LC Cheerleaders only".

BTW the word troll is so grotesquely overused by this point that it's really meaningless. It simply means "I disagree with you and have nothing to contribute by way of meaningful discourse". ...only abbreviated.

You self proclaimed master day traders seem to think everyone is interested in constantly flopping around from one asset to another. It's comical. I have no interest and instead invest in the exchange itself so I can benefit from all the floppers.

Current net hash rate is around 800T, and there's 3600 BTC a day. 4T is 0.5% of the total hash rate, thus 3600 * 0.005 = 18. So 6T is 27.