[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 639.

ShawnP

newbie

Activity: 52

Merit: 0

Quote from: Bitcycle on September 06, 2013, 06:08:35 AM

I think it's hilarious that since they announced everything is on track the price stopped being stable and started drifting down.
Some shrewd, shrewd traders here.

Without solid proof that you have anything developed, words of future hashes and whatnot
only works for limited time.
Also amount of shares for sale has increased from 630k shares to 790k shares over few last days.

creativex

sr. member

Activity: 434

Merit: 250

Quote from: zumzero on September 06, 2013, 06:17:47 AM

Quote from: creativex on September 06, 2013, 05:25:47 AM

It was 6Th/s for Sept, but mysteriously morphed into 3-4Th/s. Then there was a plan to roll out 50Th/s by Oct for their 130nm chips, but they've kind of overshadowed that with their recent announcement about how way awesome their 65nm stuff is looking. That's where the 200-300Th/s storyline came from. Actually when you think it through it sounds like some guy making sh1t up as he goes along, but we'll see soon enough.

130nm chips? Is this a typo? Even Pentium 4 was 90nm and that generated a lot of heat! Wow.

That's a phatt negatory good buddy.

There's a world of difference between an incredibly complex cisc/risc general purpose CPU and relatively simple dumb hashing sha-256 chip. Though they're rather late to the party a 130nm process node is a reasonable choice for LC's first effort. It was going to be 180nm btw, but got changed.

Pompobit

hero member

Activity: 736

Merit: 508

no one is doubting labcoin is profitable if they start hashing as announced.

All the crticisms are about the lack of evidence and technical specifications

twentyseventy

legendary

Activity: 1386

Merit: 1000

Everyone here can argue how they want, but if LC starts their early hashing on-time and their 44TH/s hashing even a week late, this stock is undervalued by 40% BEFORE hardware and additional future hashrate.

abuelau

hero member

Activity: 750

Merit: 500

www.coinschedule.com

Quote from: Mabsark on September 06, 2013, 06:17:20 AM

Quote from: abuelau on September 06, 2013, 06:10:15 AM

Quote from: Mabsark on September 06, 2013, 05:57:52 AM

Quote from: abuelau on September 06, 2013, 05:45:42 AM

Thanks Guys.

So in my view the 3-4 TH/s will be good to prove that the chips works. But if we really get the 50TH/s in October, we will be in an excellent position, I believe the share price should be around 0.01 if that happens given that we would be controlling about 3% of total network hash rate and generating about 0.0002 BTC/share/month in dividends.

If we really get 200TH/s by December, we should have about 6% of the total hash rate and a share price of 0.002 is not impossible...

Good.

Share price will be higher than 0.01 BTC after the 3-4 TH/s comes online. Just look at how ActM rose to around 0.0065 simply based on confirmation of the eASIC deal and that miners would be ready mid-October. With LC actually mining, there will be a significant rise in the share price.

Maybe, but my impression is that at that time there was a lot of BTC looking for investment, and not many investment options. Since then, lots of new companies IPO, including Labcoin. I think that 0.01 is the limit until we get the actual 50TH/s online in October and all the trolls cannot even question if the chips exist, if they are for real, etc. etc.

This only happened the 2 days ago and is why ActM's price is still above 0.004. People are basically just waiting for confirmation that LC is legit and on schedule. When that happens, you'll see a lot of people sell their other shares to buy LC hoping to cash in on the inevitable price rise.

Oh you mean the recent one. I thought you were referring to the original jump to 0.007 when the eASIC letter was first confirmed. Well, you may be right we have to wait and see. Either way, I think there's a good chance that the LC price will gravitate around 0.01 in the next few weeks, maybe a bit more, maybe a bit less.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: zumzero on September 06, 2013, 06:17:47 AM

Quote from: creativex on September 06, 2013, 05:25:47 AM

It was 6Th/s for Sept, but mysteriously morphed into 3-4Th/s. Then there was a plan to roll out 50Th/s by Oct for their 130nm chips, but they've kind of overshadowed that with their recent announcement about how way awesome their 65nm stuff is looking. That's where the 200-300Th/s storyline came from. Actually when you think it through it sounds like some guy making sh1t up as he goes along, but we'll see soon enough.

130nm chips? Is this a typo? Even Pentium 4 was 90nm and that generated a lot of heat! Wow.

AM also uses 130nm. Avalon uses 110nm. AM chips are better than Avalon chips. Smaller process != better chip.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

Quote from: creativex on September 06, 2013, 05:25:47 AM

It was 6Th/s for Sept, but mysteriously morphed into 3-4Th/s. Then there was a plan to roll out 50Th/s by Oct for their 130nm chips, but they've kind of overshadowed that with their recent announcement about how way awesome their 65nm stuff is looking. That's where the 200-300Th/s storyline came from. Actually when you think it through it sounds like some guy making sh1t up as he goes along, but we'll see soon enough.

130nm chips? Is this a typo? Even Pentium 4 was 90nm and that generated a lot of heat! Wow.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: abuelau on September 06, 2013, 06:10:15 AM

Quote from: Mabsark on September 06, 2013, 05:57:52 AM

Quote from: abuelau on September 06, 2013, 05:45:42 AM

Thanks Guys.

So in my view the 3-4 TH/s will be good to prove that the chips works. But if we really get the 50TH/s in October, we will be in an excellent position, I believe the share price should be around 0.01 if that happens given that we would be controlling about 3% of total network hash rate and generating about 0.0002 BTC/share/month in dividends.

If we really get 200TH/s by December, we should have about 6% of the total hash rate and a share price of 0.002 is not impossible...

Good.

Share price will be higher than 0.01 BTC after the 3-4 TH/s comes online. Just look at how ActM rose to around 0.0065 simply based on confirmation of the eASIC deal and that miners would be ready mid-October. With LC actually mining, there will be a significant rise in the share price.

Maybe, but my impression is that at that time there was a lot of BTC looking for investment, and not many investment options. Since then, lots of new companies IPO, including Labcoin. I think that 0.01 is the limit until we get the actual 50TH/s online in October and all the trolls cannot even question if the chips exist, if they are for real, etc. etc.

This only happened the 2 days ago and is why ActM's price is still above 0.004. People are basically just waiting for confirmation that LC is legit and on schedule. When that happens, you'll see a lot of people sell their other shares to buy LC hoping to cash in on the inevitable price rise.

ShawnP

newbie

Activity: 52

Merit: 0

Quote from: Bitcycle on September 06, 2013, 06:02:27 AM

Quote from: ShawnP on September 06, 2013, 05:58:59 AM

Quote from: abuelau on September 06, 2013, 05:45:42 AM

So in my view the 3-4 TH/s will be good to prove that the chips works.

No it does not matter how much hash they have if they cannot provide proof that they have made the
chips and they are not buying hardware from other suppliers.
Just look into Asicminer thread or Bitfury thread how much proof was provided any you can get better
picture.

LOL. You're becoming a real clown.

All you can come up with is an Ad hominem attack?

abuelau

hero member

Activity: 750

Merit: 500

www.coinschedule.com

Quote from: Mabsark on September 06, 2013, 05:57:52 AM

Quote from: abuelau on September 06, 2013, 05:45:42 AM

Thanks Guys.

So in my view the 3-4 TH/s will be good to prove that the chips works. But if we really get the 50TH/s in October, we will be in an excellent position, I believe the share price should be around 0.01 if that happens given that we would be controlling about 3% of total network hash rate and generating about 0.0002 BTC/share/month in dividends.

If we really get 200TH/s by December, we should have about 6% of the total hash rate and a share price of 0.002 is not impossible...

Good.

Share price will be higher than 0.01 BTC after the 3-4 TH/s comes online. Just look at how ActM rose to around 0.0065 simply based on confirmation of the eASIC deal and that miners would be ready mid-October. With LC actually mining, there will be a significant rise in the share price.

Maybe, but my impression is that at that time there was a lot of BTC looking for investment, and not many investment options. Since then, lots of new companies IPO, including Labcoin. I think that 0.01 is the limit until we get the actual 50TH/s online in October and all the trolls cannot even question if the chips exist, if they are for real, etc. etc.

Bitcycle

sr. member

Activity: 420

Merit: 250

I think it's hilarious that since they announced everything is on track the price stopped being stable and started drifting down.

Some shrewd, shrewd traders here.

wickedgoodtrader

full member

Activity: 220

Merit: 100

Quote from: Bitcycle on September 06, 2013, 05:55:30 AM

The bot that duplicates your bid 0.0001 lower is completely exploitable.

You can set it to make an ask of whatever size you'd like to buy, at the lowest price, then cancel your ask. It's ask stays there for a moment.

Yes that would be sweet if you wanted to buy. Hoewever it's not doing the same thing on the ASK end. So Right now you have someone duplicating all sells but not buys. NOT GOOD IF YOU ARE BETTING THE PRICE WILL GO UP! This pig is finished.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: creativex on September 06, 2013, 05:25:47 AM

It was 6Th/s for Sept, but mysteriously morphed into 3-4Th/s. Then there was a plan to roll out 50Th/s by Oct for their 130nm chips, but they've kind of overshadowed that with their recent announcement about how way awesome their 65nm stuff is looking. That's where the 200-300Th/s storyline came from. Actually when you think it through it sounds like some guy making sh1t up as he goes along, but we'll see soon enough.

I don't know why you find that mysterious. Marketing pretty much always overestimates everything except price.

Bitcycle

sr. member

Activity: 420

Merit: 250

Quote from: ShawnP on September 06, 2013, 05:58:59 AM

Quote from: abuelau on September 06, 2013, 05:45:42 AM

So in my view the 3-4 TH/s will be good to prove that the chips works.

No it does not matter how much hash they have if they cannot provide proof that they have made the
chips and they are not buying hardware from other suppliers.
Just look into Asicminer thread or Bitfury thread how much proof was provided any you can get better
picture.

LOL. You're becoming a real clown.

ShawnP

newbie

Activity: 52

Merit: 0

Quote from: abuelau on September 06, 2013, 05:45:42 AM

So in my view the 3-4 TH/s will be good to prove that the chips works.

No it does not matter how much hash they have if they cannot provide proof that they have made the
chips and they are not buying hardware from other suppliers.
Just look into Asicminer thread or Bitfury thread how much proof was provided any you can get better
picture.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: abuelau on September 06, 2013, 05:45:42 AM

Thanks Guys.

So in my view the 3-4 TH/s will be good to prove that the chips works. But if we really get the 50TH/s in October, we will be in an excellent position, I believe the share price should be around 0.01 if that happens given that we would be controlling about 3% of total network hash rate and generating about 0.0002 BTC/share/month in dividends.

If we really get 200TH/s by December, we should have about 6% of the total hash rate and a share price of 0.002 is not impossible...

Good.

Share price will be higher than 0.01 BTC after the 3-4 TH/s comes online. Just look at how ActM rose to around 0.0065 simply based on confirmation of the eASIC deal and that miners would be ready mid-October. With LC actually mining, there will be a significant rise in the share price.

Bitcycle

sr. member

Activity: 420

Merit: 250

The bot that duplicates your bid 0.0001 lower is completely exploitable.

You can set it to make an ask of whatever size you'd like to buy, at the lowest price, then cancel your ask. It's ask stays there for a moment.

abuelau

hero member

Activity: 750

Merit: 500

www.coinschedule.com

Thanks Guys.

So in my view the 3-4 TH/s will be good to prove that the chips works. But if we really get the 50TH/s in October, we will be in an excellent position, I believe the share price should be around 0.01 if that happens given that we would be controlling about 3% of total network hash rate and generating about 0.0002 BTC/share/month in dividends.

If we really get 200TH/s by December, we should have about 6% of the total hash rate and a share price of 0.002 is not impossible...

Good.

creativex

sr. member

Activity: 434

Merit: 250

It was 6Th/s for Sept, but mysteriously morphed into 3-4Th/s. Then there was a plan to roll out 50Th/s by Oct for their 130nm chips, but they've kind of overshadowed that with their recent announcement about how way awesome their 65nm stuff is looking. That's where the 200-300Th/s storyline came from. Actually when you think it through it sounds like some guy making sh1t up as he goes along, but we'll see soon enough.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: abuelau on September 06, 2013, 05:15:15 AM

Can someone remind me what LC's plan is in terms of hashing power? I can't find it anymore. What I know is:

1) 3-4 TH/s in September 2013 using the 130nm chips
2) 200-300 TH/s by December 2013 using the 65nm chips

But I also seem to remember that between #1 and #2 there was something. What was the goal in TH/s for the 130nm chips for Oct/Nov?

50 TH/s using the 130nm chips is due mid October.

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 639. (Read 1079974 times)