Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 679. (Read 1079974 times)

How many and how much?

I just accidentally purchased ActM shares instead of LC. This freaking sucks.

 

you can't compare LC to the AM of today, you have to compare LC to the AM that first started hashing.  Returns were much higher, share price much lower for the amount of dividends.  Only after people gained confidence in AM did the share price rise compared to the dividend.

LC may eventually make it to .01, but not next week.

People bough amc at first ipo price are real winners

Longterm, ActM is going to annihilate LC, but for now LC is the winner.

If you think LC won't be above 0.01 BTC when hashing starts you're ignoring the maths, making you delusional.

AM's share price is not just based on its hashing rate. First, hardware selling contributes significant part of dividend. Second, an exponential increase of hashing rate is planed on September and October. Third, the price has historical reason when AM is the first arriver of ASIC mining and got lots of profits that time. Last, friedcat 's personal reliability also contributes a lot.

So expecting LC having the similar share price, no matter 0.1 or 0.01 is not feasible at least in near future.

If LC was as profitable as AM, each share would be worth 0.1 BTC if AM shares were valued at 2.5 BTC. 0.01 BTC represents 10% of the profitability of AM at 2.5 BTC. That's about 4/5 Th/s. Labcoin will have 3/4 Th/s with a further 50 Th/s incoming in October. Getting the mining operation up and running will also squash fears about Labcoin being a scam. Then factor in that the 65nm chip has also been under development for a while now.

Looking at expected dividends from mining in 2 weeks from now, 3/4 Th/s will represent a minimum of 0.5% of the network hash rate.

0.5% of the network hash rate
BTC/Round = 252 BTC
30% Reinvestment = 75.6 BTC
70% Dividends = 176.4 BTC
Dividends/Round = 0.00001764 BTC

If LC shares are worth 0.01 BTC and AM shares are worth 2.5 BTC, then you can get 250 LC shares for 1 AM share. The dividends from those 250 shares would give 0.00441 BTC per round. A round will be shorter than 2 weeks though if the network is growing, and will likely be between 10 and 14 days, therefore LC would provide between 0.002205 BTC and 0.003087 BTC in dividends per week. AM's last weekly dividends was 0.01239987 BTC. LC would provide between 18% and 25% of what AM's current dividends are.

So, if 0.01 BTC represents 10% of the profitability of AM at 2.5 BTC per share and LC is providing 18% to 25% of what AM's dividends are, then clearly LC is under priced compared to AM and LC should be worth between about 0.018 BTC and 0.025 BTC when hashing begins.

Hashing could start any time in the next few days...

Labcoin remains ridiculously underpriced, and now it looks like Active Mining is going to be insanely cheap too. 

Yessir, we got us some real financial geniuses in these markets.

Welcome aboard, Titanic survivors! Lol

Says the guy on the sinking ship.

 :DHAH，HAH~~

i would jump before this bubble pops

It was an observation that someone might find interesting.

No, but it is a race that LC appears to be winning.

dude, this is not a short term contest