Yea so selling my 40k shares at 0.00145 was a smart move. 
lol
Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 786. (Read 1079974 times)
August 20, 2013, 02:37:55 PM
lol
August 20, 2013, 02:33:23 PM
Yea so selling my 40k shares at 0.00145 was a smart move.
August 20, 2013, 02:19:50 PM
This thread has really gone downhill the past few days.
But shares has gone UP!
News bubble, gonna be back soon at ~0.017
That's not how good news works when it comes to share price reaction. There is usually a bubble, followed by a correction to a price still higher than it was before. If this wasn't true, then share prices would stay the same forever.
In our case, the correction level was .002, but we have already rebounded back up to .0024, which is better than expected IMO.
August 20, 2013, 02:05:22 PM
This thread has really gone downhill the past few days.
But shares has gone UP!
News bubble, gonna be back soon at ~0.017
August 20, 2013, 02:03:16 PM
This thread has really gone downhill the past few days.
But shares has gone UP!
August 20, 2013, 02:01:19 PM
This thread has really gone downhill the past few days.
August 20, 2013, 01:48:30 PM
HUGE SCAM, BUBBLE still haven't released anything!!! Only Words!
Hate to tell you this but no one cares what you think or buy. Stop spamming like a retarded twit.
August 20, 2013, 01:41:19 PM
I sold my left kidney for some extra shares. It hurts, but in a good way.
I sold my left nut. When you're right handed, always get rid of left organs first. You did good..
August 20, 2013, 01:39:22 PM
HUGE SCAM, BUBBLE still haven't released anything!!! Only Words!
August 20, 2013, 01:38:42 PM
I sold my left kidney for some extra shares. It hurts, but in a good way.
I sold both, am i going to die?
August 20, 2013, 01:38:09 PM
Short answer as best as I can:
Allowing share-holders to reinvest 'as they see fit' by issuing bonds or more shares just seems like a more complicated way of achieving the same thing - continuous growth.
This ^^, you can already achieve the same thing with your current set-up if ever need be for more money to expand than a vote can go out to suspend or reduce dividends.
But setting up a dividend repurchase plan will complicate things, and create complete choas to shareholder equitable positions, where the ones that don't reinvest will get diluted down to nothing.
This isn't a multi Billion dollar company, where share reinvestment has almost no impact due to the large share issue and small dividend payouts.
Also, if you feel you'd like more shares, feel free to buy more shares when you get your dividend payment.
The current setup is best as it can achieve Dividend Re-investments in a much simpler way, and we can easily get more aggressive with growth, by lower dividends, suspending, ect. while still maintaining the same ownership structure.
my two cents
August 20, 2013, 01:26:42 PM
I sold my left kidney for some extra shares. It hurts, but in a good way.
August 20, 2013, 01:26:19 PM
holy shit it worked
August 20, 2013, 01:19:36 PM
August 20, 2013, 12:57:07 PM
Using 30% of initial income to accelerate sale, development, production and mining capability is a growth strategy and what sets Labcoin apart from a set-hash rate mining bond. If you want to make a comparison you can compare the business model of asicminer and a set-hash rate bond without reinvestment strategy.
The long term plan and intention is to use the reinvestment fund to over time increase dividend payments (profits) to surpass what shareholders would earn if 100% dividends would be paid out from day-1 as the team of course believes that Labcoin can invest at far greater profit in development, production, sales and mining power then individual investors.
Why only 30%? I'm sure that people would be worried if you didn't pay out anything, they'd think it might be a big scam or something - but you can also prove your hashrate.
What I'd like to see is is the opportunity for people to have their dividends reinvested directly into the company if they want: Dividends payed in new stock rather then BTC.
That way, you'd be able to have more money to spend on growth, and more quickly increase your hashrate and thus the profits.
The 30% achieves the same thing as reinvesting dividends. The people who usually reinvest dividends are companies that pay a very small portion not 70% that's just crazy lol. You can't also get paid in new stock that would dilute shareholders.
Secondly, there's not enough shares and volume to allow everyone to reinvest safely as prices will go up from all the buys, and as mentioned before the company can't make new shares as it will dilute ownership.
Imagine you own stock in a company that has $1000 and does nothing with it. There are 1,000 shares and they are each worth $1. Then, the company issues 500 new shares and charges one dollar a share. They do nothing with the money.
Now the company is worth $1500, there are 1500 shares, and each share is now still worth $1.
If the company gave shareholders the option of taking dividends in new stock, the value of the stock wouldn't change - the company would increase by however much they didn't pay out in dividends.
However, if that money was re-invested in more hashpower the value of the company would increase at a faster rate, and the % of the company owned by the shareholder would increase as well.
The problem is, if the hashpower of the company doesn't keep up with difficulty growth, then the value of the company actually goes down, because their revenues decrease.
Short answer as best as I can:
Allowing share-holders to reinvest 'as they see fit' by issuing bonds or more shares just seems like a more complicated way of achieving the same thing - continuous growth. Labcoin feels that 70% direct dividend is more than a fair share of earnings while allowing for long term development and a 'treasury' to enable the project to maximize earnings over time.
To be crass: If an investor feels like they could invest an extra 30% better themselves then Labcoin can being able to buy/develop/sell and mine at wholesale rates maybe investing in the project is not the right choice. To me at least, its not all about short term profit, but also about long term viability and trust. Something that I believe Labcoin will prove over time. I personally think this goes for any investment that is not simply an interest bearing bond or finite mining operation delivering a set hash rate.
Again, this is to a large part personal opinion and I do not mean to insult anyone or step on any toes.
August 20, 2013, 12:46:45 PM
BUBBLE
August 20, 2013, 12:34:31 PM
You know what's really funny: go to btct.co and watch the labcoin shares movement. It's minutes without any trade... then someone comes here and screams BUBBLE!! And you start seeing lots of SELL SELL SELL.
Than 30 mins later... nothing happening.
Then someone comes and says Oh, this company is really solid.. and BUY BUY BUY.
If anyone wants to make some quick BTC, this is a quick guide:
1) Sell your shares
2) Come here and write BUUUBLLE
3) Buy back your shares at lower price
4) Come here and say "Amazing company"
Repeat steps 1 to 4 as much as you can.
Than 30 mins later... nothing happening.
Then someone comes and says Oh, this company is really solid.. and BUY BUY BUY.
If anyone wants to make some quick BTC, this is a quick guide:
1) Sell your shares
2) Come here and write BUUUBLLE
3) Buy back your shares at lower price
4) Come here and say "Amazing company"
Repeat steps 1 to 4 as much as you can.
Great guide I already made millions with these simple steps. Spectaculars hate him!
August 20, 2013, 11:36:42 AM
Using 30% of initial income to accelerate sale, development, production and mining capability is a growth strategy and what sets Labcoin apart from a set-hash rate mining bond. If you want to make a comparison you can compare the business model of asicminer and a set-hash rate bond without reinvestment strategy.
The long term plan and intention is to use the reinvestment fund to over time increase dividend payments (profits) to surpass what shareholders would earn if 100% dividends would be paid out from day-1 as the team of course believes that Labcoin can invest at far greater profit in development, production, sales and mining power then individual investors.
Why only 30%? I'm sure that people would be worried if you didn't pay out anything, they'd think it might be a big scam or something - but you can also prove your hashrate.
What I'd like to see is is the opportunity for people to have their dividends reinvested directly into the company if they want: Dividends payed in new stock rather then BTC.
That way, you'd be able to have more money to spend on growth, and more quickly increase your hashrate and thus the profits.
The 30% achieves the same thing as reinvesting dividends. The people who usually reinvest dividends are companies that pay a very small portion not 70% that's just crazy lol. You can't also get paid in new stock that would dilute shareholders.
Secondly, there's not enough shares and volume to allow everyone to reinvest safely as prices will go up from all the buys, and as mentioned before the company can't make new shares as it will dilute ownership.
Imagine you own stock in a company that has $1000 and does nothing with it. There are 1,000 shares and they are each worth $1. Then, the company issues 500 new shares and charges one dollar a share. They do nothing with the money.
Now the company is worth $1500, there are 1500 shares, and each share is now still worth $1.
If the company gave shareholders the option of taking dividends in new stock, the value of the stock wouldn't change - the company would increase by however much they didn't pay out in dividends.
However, if that money was re-invested in more hashpower the value of the company would increase at a faster rate, and the % of the company owned by the shareholder would increase as well.
The problem is, if the hashpower of the company doesn't keep up with difficulty growth, then the value of the company actually goes down, because their revenues decrease.
The problem is the people who don't reinvest will get a smaller ownership percentage. With your strategy it forces everyone to reinvest or get diluted to a worthless percentage of ownership. The way they are doing it now is the best everyone keeps the same level of ownership and money gets reinvested. If they ever need more than 30% they can have votes to delay a dividend payment or reduce it.
Doing it the other way just screws shareholders and the biggest shareholders can reinvest and just controll a bigger portion of the company until all other investors are left with nothing.
Secondly, what you are saying is basically reinvest 100% and pay no dividends, again the same can be achieved by voting to suspend dividends and reinvestment plan is not needed as suspending them achieves the same thing.
August 20, 2013, 11:26:38 AM
Using 30% of initial income to accelerate sale, development, production and mining capability is a growth strategy and what sets Labcoin apart from a set-hash rate mining bond. If you want to make a comparison you can compare the business model of asicminer and a set-hash rate bond without reinvestment strategy.
The long term plan and intention is to use the reinvestment fund to over time increase dividend payments (profits) to surpass what shareholders would earn if 100% dividends would be paid out from day-1 as the team of course believes that Labcoin can invest at far greater profit in development, production, sales and mining power then individual investors.
Why only 30%? I'm sure that people would be worried if you didn't pay out anything, they'd think it might be a big scam or something - but you can also prove your hashrate.
What I'd like to see is is the opportunity for people to have their dividends reinvested directly into the company if they want: Dividends payed in new stock rather then BTC.
That way, you'd be able to have more money to spend on growth, and more quickly increase your hashrate and thus the profits.
The 30% achieves the same thing as reinvesting dividends. The people who usually reinvest dividends are companies that pay a very small portion not 70% that's just crazy lol. You can't also get paid in new stock that would dilute shareholders.
Secondly, there's not enough shares and volume to allow everyone to reinvest safely as prices will go up from all the buys, and as mentioned before the company can't make new shares as it will dilute ownership.
Imagine you own stock in a company that has $1000 and does nothing with it. There are 1,000 shares and they are each worth $1. Then, the company issues 500 new shares and charges one dollar a share. They do nothing with the money.
Now the company is worth $1500, there are 1500 shares, and each share is now still worth $1.
If the company gave shareholders the option of taking dividends in new stock, the value of the stock wouldn't change - the company would increase by however much they didn't pay out in dividends.
However, if that money was re-invested in more hashpower the value of the company would increase at a faster rate, and the % of the company owned by the shareholder would increase as well.
The problem is, if the hashpower of the company doesn't keep up with difficulty growth, then the value of the company actually goes down, because their revenues decrease.
August 20, 2013, 11:22:34 AM
Sorry,I can't understand what you mean or your humor.
I just tell the fact i have met.
I just tell the fact i have met.
Man, read his post. I know he has the writing skills of a mentally retarded child, but it wasn't so hard to understand:
Quote
I don't think it's that easy maybe coming up with rumors would help lmao. Spoke to my friend in china who works at the university that guy doesn't exist. My friend works at the fab plant confirmed chips are being made lol. Buy buy buy sell sell
The last sentences are examples for rumors that one could put out there.
Want to make people sell shares? "Spoke to my friend in china who works at the university that guy doesn't exist."
Want to make people buy shares? "My friend works at the fab plant confirmed chips are being made"
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