[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 652.

Ytterbium

full member

Activity: 238

Merit: 100

Quote from: drawingthesun on September 04, 2013, 10:49:26 AM

Quote from: ?? on ??

* use the trading benefits to pay dividends to shareholders to keep them interested

Labcoin doesn't pay dividends until they hash.

He's saying he'll start a company with the explicit business model of creating fake companies and doing insider trading to manipulate the prices and then pay dividends to the 'real' company using money made by manipulating prices on the fake companies.

It's a pretty ingenious, if diabolical business model. Obviously illegal in the "real" world. Possibly illegal even if you were just doing it with bitcoins.

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

Quote from: creativex on September 04, 2013, 10:45:07 AM

Quote from: bobboooiie on September 04, 2013, 10:43:49 AM

Anyone else noticed how precise is the timing with the updated every time share price stars droping ?

Every. Time.

So unlike some others they actually give a fuck about the shareholders and defending the share price rather than taking a vow of silence once they've got their IPO money. How awful for us!

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: aquarius on September 04, 2013, 10:41:32 AM

Quote from: labcoin on September 04, 2013, 10:26:51 AM

As we already stated, chip documentation isn't ready yet for public distribution.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.

so the documentation is not ready yet but you are going to start hashing in 6 days?

why not say 2 weeks like BFL?

The documentation is needed for third party developers who are not familiar with the chip. Why would LC need it if they have the knowledge to actually create the documentation in the first place?

Tafelpoot

full member

Activity: 191

Merit: 100

now this is really delicious oO

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: damiano on September 04, 2013, 10:48:20 AM

Do you know how much AM is planning to have online by end of year?

1000 TH/s

hasher87

hero member

Activity: 686

Merit: 500

Quote from: HuLaN on September 04, 2013, 10:47:18 AM

amazing company!

so glad i cancelled my 0.0033 asking price!!

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: ?? on ??

* use the trading benefits to pay dividends to shareholders to keep them interested

Labcoin doesn't pay dividends until they hash.

Quote from: ?? on ??

please someone start up a BET on this.
money standing buy to put on NO

Yes please

Please do, I will make great use of them!

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: drawingthesun on September 04, 2013, 10:47:08 AM

Quote from: TMAN on September 04, 2013, 10:46:06 AM

200TH - we could be looking @ 10-20% of the network.

Nope, 200TH will be 2-4% of the network by late 2013.

But this is still really good news! Well done everyone!

Do you know how much AM is planning to have online by end of year?

HuLaN

member

Activity: 66

Merit: 10

amazing company!

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: TMAN on September 04, 2013, 10:46:06 AM

200TH - we could be looking @ 10-20% of the network.

Nope, 200TH will be 2-4% of the network by late 2013.

But this is still really good news! Well done everyone!

TMAN

legendary

Activity: 1414

Merit: 1808

Exchange Bitcoin quickly-https://blockchain.com.do

Quote from: physalis on September 04, 2013, 10:45:57 AM

Quote from: bobboooiie on September 04, 2013, 10:43:49 AM

Anyone else noticed how precise is the timing with the updates every time share price stars droping ?

Yes.

it shows they care about the value of the shares & investors confidence. unlike some competitors.

Ytterbium

full member

Activity: 238

Merit: 100

Quote from: Bitcycle on September 04, 2013, 10:33:24 AM

Hey, whoever dumped your zillion shares a few hours ago...

GREAT MOVE!!!!!!
Grin

Hey, they made a big profit, for sure. Nothing wrong with playing it safe. Hopefully (for them) they weren't trying to 'day trade' and move back in.

Just annoyed I wasn't able to hop in and get some more cheap shares Grin

Quote from: labcoin on September 04, 2013, 10:26:51 AM

As we already stated, chip documentation isn't ready yet for public distribution.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.

I certainly understand your priorities - but it would be nice to see the trolls who setup that bet lose. If you could find the time to send out 10 or so raw chips to forum members by the 12th (no PCBs or anything) that would be nice Cheesy

- so long as it doesn't take time away from getting chips up and hashing.

TMAN

legendary

Activity: 1414

Merit: 1808

Exchange Bitcoin quickly-https://blockchain.com.do

200TH - we could be looking @ 10-20% of the network.

physalis

sr. member

Activity: 392

Merit: 250

Quote from: bobboooiie on September 04, 2013, 10:43:49 AM

Anyone else noticed how precise is the timing with the updates every time share price stars droping ?

Yes.

creativex

sr. member

Activity: 434

Merit: 250

Quote from: bobboooiie on September 04, 2013, 10:43:49 AM

Anyone else noticed how precise is the timing with the updated every time share price stars droping ?

Every. Time.

bobboooiie

hero member

Activity: 656

Merit: 500

Anyone else noticed how precise is the timing with the updates every time share price stars droping ?

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: labcoin on September 04, 2013, 10:26:51 AM

As we already stated, chip documentation isn't ready yet for public distribution.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.

200-300 TH !?!!?!

Holy fuck that is unexpected

Anotheranonlol

hero member

Activity: 588

Merit: 504

Quote from: drawingthesun on September 04, 2013, 10:41:53 AM

Anotheranonlol why are you here?

why is anyone here? what a question Roll Eyes

drawingthesun

legendary

Activity: 1176

Merit: 1015

Anotheranonlol why are you here?

aquarius

sr. member

Activity: 275

Merit: 250

Quote from: labcoin on September 04, 2013, 10:26:51 AM

As we already stated, chip documentation isn't ready yet for public distribution.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.

so the documentation is not ready yet but you are going to start hashing in 6 days?

why not say 2 weeks like BFL?

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 652. (Read 1079974 times)