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1341  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 27, 2013, 01:14:10 AM
Is there any way we can talk Burnside into putting a real-time graph up and live updating the bid/ask orders? Its too difficult to get a feel for what is happening without it. That live window just doesn't do it for me. You have to keep refreshing the screen which I am sure puts load on the server(s) or use that other graph which takes forever to refresh.
1342  Bitcoin / Hardware / Re: Off-Topic on: August 27, 2013, 12:32:04 AM
You got that right Atomic.....amazing how fast the BTC earnings have dropped per G/hash,,,,,scary,,I think I may just stick to gpu alt coins for a while and have just enough asic miners (erupters or a blade) to cover utility cost on gpu mining. Smiley For a while anyways.... Smiley

I questioned my strategy early on, but it's paid off nicely for the last four months. We're about to see a lot more people back into it though, especially with the cards dropping in price soon. Forget about it if Litecoin actually shoots up at all. As long as it stays above $2, and difficulty under 1300, I will still be turning a decent profit, even when factoring in my lease, power and other monthly costs. I'm ramping up to over 100,000 kh/s in the next month or two. If these other crap coins keep on helping, that's even better. I just mine and sell those, but I'll keep a few thousand of LTC in my "just in case" pile.
My lord, I'm just now approaching a return on my 2400kh I bought 3-4 months ago. No way I can purchase another rig let alone one that massive. The more you spend upfront, the better with mining it seems.
1343  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 27, 2013, 12:24:26 AM
Massive buy orders.
1344  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 26, 2013, 10:49:36 PM
Pretty much standard across the entire business and western world that the week begins on Sunday.
1345  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 26, 2013, 09:51:17 PM
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.
1346  Bitcoin / Hardware / Re: Off-Topic on: August 26, 2013, 08:38:34 PM
Who in their right mind is still banking on these Klondike boards? Its over. Done. Time to move on to the next opportunity.
1347  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 26, 2013, 08:29:21 PM
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
I think we have some information to go on, people are just assuming that Labcoin isn't going to fall-through with this next milestone.
1348  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 26, 2013, 07:58:48 PM
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.
1349  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 26, 2013, 05:46:01 PM
A lot of sells in the history. Have I missed something?
A sell requires a buy.
1350  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 26, 2013, 01:35:47 AM
I think he just used friedcat's spec post as a reference. It keeps things consistent.

Yes and competitors do this all the time in the real world - it's called a 'side by side comparison' and I think it would have been done intentionally.
Hmm, Plagiarize VS Reference.

Maybe Ken should change his ID to FiredDog. Side By Side Competition.
How do you plagiarize the typographical layout of chip specifications from a freaking forum post?
1351  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 25, 2013, 07:21:41 PM
I think he just used friedcat's spec post as a reference. It keeps things consistent.
1352  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 25, 2013, 06:42:39 PM
The only thing I am pissed about is not selling at .0038 when I could have. Huge potential profit loss to sell and buy back at current prices (multiple times). That is what I get for going to work - lost profit potential.

Eh.  There's no way to predict where it will go. Sure you could sell at 0.0038 but you'd have no way of knowing where it would go next.  And, you might not know when exactly the dip is at it's lowest to buy back in either.
I disagree with that. I won't go into details about how I can tell but..
1353  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 25, 2013, 06:25:43 PM
@@
These issues have been answered yet?

May i ask some questions?
because i trying to get more information from labcoin ,and now I have a little uncertainty

1 Why TSMC Logo deformed, and the TSMC Logo is a very old version, there are red lines should not orange, i don't think they use the deformed Logo especially for the professional company like TSMC

2.TSMC is a Taiwanese company, but why from "3.jpeg" seems all language used from China.

Labcoin is working with SZICC, not TSMC directly, and it's likely the form comes from them. Taiwan and China use the same language, although Taiwan uses traditional characters, it's entirely plausible they produce forms in simplified Chinese, as well as English and lots of other languages.

Quote
3 Why product code in "2.JPG" seems LBC1301/02, but LBCX1301/02 in "3.JPG"

Quote
5 That Customer Information form looks very unprofessional especially for the professional company like TSMC

Again, may have come from SZICC not TSMC.

Quote
7 and i find that in other post "http://trilema.com/2013/the-anatomy-of-a-scam/"

Some nutjob who thinks all of btct.co is a scam, and in on the labcoin scam.

The whole "the logo is squished therefore it's a scam" people make no sense at all.  If the documents were fake they'd look better. Companies produce documents that aren't perfectly designed all the time.  They don't have graphics designers on staff to go over every single document.
And who included me and Ytterbium as shills because we made posts after a question was asked.

The only thing I am pissed about is not selling at .0038 when I could have. Huge potential profit loss to sell and buy back at current prices (multiple times). That is what I get for going to work - lost profit potential.

1354  Bitcoin / Hardware / Re: Off-Topic on: August 25, 2013, 09:52:14 AM


Yes difficulty is rising, but so is the price of BTC. Since it's inception, BTC has basically doubled in value each year. Think about what that would mean for next year. Not bad ROI. In addition to mining, I'm using a bot to trade BTC and it's doing very well. Diversification is the key to success in any investment.

Irrelevant. If you need BTC price to rise above the price it was at when you made your purchase to break even or make a profit you made the wrong choice.

Not if you are investing in BTC for the long run. ASIC sellers are not selling ROI, they are selling products that mine Bitcoins. I'm in Bitcoin for the long run, and I expect that my miners will more than make ROI in the long run. If someone got into this to make a quick buck (which is clear that many people did), they are in the wrong state of mind for an investor.
Especially if you are investing in the long run. There is no scenario in that case for which you are better off buying mining equipment. Its a bust if you require the pirce to go up to make your money back or see a gain.
1355  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 25, 2013, 09:24:26 AM
When is BTCT going to upgrade its chart to real-time and the "bandwidth" of its trading engine?
1356  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 25, 2013, 03:22:28 AM
The sell wall on .003 wasn't pulled at all, it was bought through.

Yup  Grin

I'm pretty sure it was pulled, though I stopped observing inbetween and came back later.

There was a >300 Bitcoin wall on .003 which was confirmed at 16:18:53 UTC by #3185 and reported as pulled at 18:40:31 UTC by #3196. In this timeframe no trade >= .003 is visible in BTC-TC's trade history and in the following 16 minutes before reaching .003001 there were 12286 shares bought at .003 for 36.858 Bitcoin. Even if you sum all trades of the last 24 hours you'll end up with only 120.111 Bitcoin worth of shares. Wink
That huge wall was pulled. I saw it get pulled - it was like 260000 shares or something.
1357  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 25, 2013, 03:20:56 AM
The problem with day trading is that if you stay home from work half the time you will lose btc plus you will be out the $50 in regular earnings.
You don't lose if you have enough bitcoins. Maybe you lose, but...
1358  Bitcoin / Hardware / Re: Off-Topic on: August 25, 2013, 03:03:05 AM


Yes difficulty is rising, but so is the price of BTC. Since it's inception, BTC has basically doubled in value each year. Think about what that would mean for next year. Not bad ROI. In addition to mining, I'm using a bot to trade BTC and it's doing very well. Diversification is the key to success in any investment.

Irrelevant. If you need BTC price to rise above the price it was at when you made your purchase to break even or make a profit you made the wrong choice.
1359  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 25, 2013, 02:40:02 AM
I have a part-time job at the moment, until I find a real one, but I have realized I can make more money if I just stay home and trade. Like today... I would have sold at around .0034 and immediately placed a buy at .0031 or .0032 and picked up another 150 shares in the process (my BTC gain would have been approx 2 BTC), but I couldn't because I was at work for 6 hours where I only made about $50.
1360  Economy / Securities / Re: ActiveMining Overview and Speculation Thread on: August 24, 2013, 06:28:08 PM
The opportunity to make money is much greater on BTCT.
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