I don't have a very large position at all. I have 6,789 shares which I plan on selling around November.
Correct, this guy is a proven liar with a long history of spreading those lies and major FUD. During one of his bragging episodes he revealed that he had over 100btc in LabCoin and from the timings of when bailed out of ACtM he bought around 0.0025 So he has atleast 50k shares. He will flip them to ACtM as he has constantly been saying - that will happen possibly tonight. The main thing to know with this guy is he has a big ego. So he won't sell for a loss, he will sell well before price hits .002. I would say .003 is his exit marker giving him approx 15% profit. So if LC gets to .003 it will spike down. Also if it gets to 0.004 he will sell so it will also spike down there, possible all the way to IPO price, or even zero if the scam is revealed. I want some of the drugs you are on +1 LMAO  |
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18 out of 20 trades on 'RECENT TRADES' (btct homepage) are for SELLS and only 2 for BUYS.
The writing is on the wall; SELL! SELL! SELL!
You mean: buy buy buy ? Already said. I'm all in ActM and don't have any buying power. But you can think what you like, I won't begrudge you that. You are a scam. |
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This night is going to be bad. really bad...
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They could have just filled the bids top-down at IPO and run with a huge amount of money. This is not a scam.
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I placed a sell order @ 0.008. Under that I'm not selling. If some weird crazy shit happens, and the prices goes all the way up till/over that, then be it, I will accept my faith Then buyback @ 0.005 maybe. I'm a little bit optimist, but hey, anything can happen. I placed some @ 2013, do you think we'll hit the target ?  Sadly there is no chance for that price. But mine might be filled, with a little luck  |
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I placed a sell order @ 0.008. Under that I'm not selling. If some weird crazy shit happens, and the prices goes all the way up till/over that, then be it, I will accept my faith Then buyback @ 0.005 maybe. I'm a little bit optimist, but hey, anything can happen. |
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If tomorrow we get some news saying that hashing begun etcetc. everything works as intended, what do you think is the price ceiling of shares? And the stable price after the spike?
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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?
Expenses are not included and are non-trivial. 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. |
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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?
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Do we know when LC starts paying out divs, if they manage to start hashing on the designated day of september?
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Assuming the 3-4TH mentioned is online before Sept 10., can we get a MH/share and a dividend calculation of that hashrate?
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Meanwhile, AM prices punching a hole in the floor. So many investment opportunities...
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So, what are we looking at? Tomorrow? Early morning US time or noon or afternoon? Monday/tuesday = Beginning of the week. Wednesday = Middle of the week. Etc.
Nobody here has any more information regarding this. Interpret "early this week" however you want. I'd still count Wednesday as early. You count the 4th day of a unit of measurement that has 7 days as early? And why do you think that where TheSwede lives, the week starts with Sunday? E.g. in most EU countries, the week starts with Monday. |
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you guys are all gambling. period. buying or selling at this moment is just gambling - enjoy. just don't be the last person to go against the popular will.
If this is gambling, what isn't gambling? All investments are a gamble although a somewhat educated one with odds that varying in much greater ranges than casino games. Bitcoin is a gamble. yes, stock market is gambling too and most investment are "gambling" - this is clearly gambling when there are no "news" and people try to force the price one way or another - i'm not talking about gambling as in making an educated prediction based on information. i'm talking about people trading on NO information trying to use public sentiment as the only indicator. that is pure gambling. bitcoin is gamble itself yet - but, ones actually built upon educated guesses Yes, gambling. But a professional one, which is so respected, that these "gamblers" are called investors. |
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Might be a good idea to sell now and double up in a few hours, we are hitting 0.002 soon!
lol, we are looking forward 0.01 Amazing bubble. Big company! IF we hit 0.002 again (which I don't believe in), then I will sell all my shares @0.002, convert it to fiat, and get Nasty-Toxic-Assfucker-Drunk while spending all my invested funds. But still, no way this can happen. |
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so you guys seriously think that the Share Price drops to about 0.002 ?
please answer
no, that thinking is history. |
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Yesterday I was thinking about selling some LC shares to buy ActM too, well, thank God I didn't do that stupid move. |
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I really wish people would drop share locking issue completely. There are 100 different ways the owners could rip us off. There are serious risks investing in an unregulated market with an unregulated currency. If you want to focus on an actual important one, how about demanding a hashing meter so we know what the actual hashing rate is (not that it could even be trusted). Or perhaps published addresses were all hardware sales are deposited.
Complaining about locking shares is completely pointless. Stop, just stop, either accept the risks or don't.
A pretty f'in big +1. You invest in "an unregulated market with an unregulated currency" (just to quote you ), and your biggest worry is locking shares? Seriously.. |
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just bought 16k + shares under IPO price. People have sooo weak hands nowadays.. |
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OMG bubble
OMG amazing company. Even if I lost some of my invested BTC because of these (and thus I won't be able to profit as much in the long run), I'm laughing my ass off |
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