The reason I didn't keep it at .006 is because I sold most my shares, and bought back around .003  I was one of the reasons it didn't go past .0065 after the eASIC release. I adapted, icebreaker. I am doing great, thanks  Dude your a manipulator, you manipulate Active and Labcoin and your posts only serve to get people to either buy into your sell's or sell into your buys. Be careful trusting this guy. All his posts serve to benefit him at the detriment of yourselves. |
|
|
|
|
Stupid stupid stupid.
A millionaire knows how to make 20% compounding gains every month?
This millionaire does not talk, not now, not ever.
If "Maria" has $1,000,000 her 20% gains compound to about $80,000,000 in 2 years and $56,000,000,000 in 5 years.
Why is she wasting time on this forum? 20% monthly gains will eventually outpace even Bitcoins own growth taking into account the most optimistic projections.
|
|
|
|
I am looking to get some hardware for mining, needs to be pretty cheap. Just want to get into mining somehow some way. thanks to folks in here who saved me from spending k's and k's on new pre order crap.
Good day to you all.
Best thing to do is buy and hold Bitcoins if you believe in Bitcoin. At the moment the chance that you order and receive a miner with enough time to make a return on investment is highly unlikely. Most miners are not going to give back the Bitcoin value that you could have had just buying the Bitcoin in the first place. |
|
|
|
don't you guys think it's funny how there's more discussion of other securities than Labcoin in the Labcoin thread?
Just distracting from the fact that Labcoin is a rising star. |
|
|
|
Remember Bitfury already have an ASIC that is as much or more efficient as Active Mining ASIC's that don't even exist yet. Bitfury could easily be 10x as efficient when Active Mining starts to hash. |
|
|
|
....
My point was simple. Your calculation is based off of a static total hashing value for ActM. That value will not be static for any mining operation. It will grow with the TNH to maintain the target percentage. Because you assumed a static hashing value for ActM your whole calculation, while already being hypothetical, is even further off.
You are whining over an unimportant detail. Complicating estimate calculations will not make it more correct and is usually total waste of time. BTW, maybe you should look up what word "random" means.  Having a goal to maintain a percentage form TNH on it's own, is flat out stupid. Problem is, at some point it makes no sense to add new hardware at cost X, because this hardware will not earn back the investment made. This is like buying GPU cards or outdated FPGA's today and getting all exited about your rigs total hash rate, while you can never earn back your additional investment - total waste of money, time and energy. How fast can Actm add new hardware to it's mining operations makes sense only to certain point in time and difficulty. After that point, it is useless to add new hardware, unless it's more efficient than chips Actm going to gave in November. What ever they paid per chips, assembly and maintenance of running rigs, has to be calculated in and it becomes permanent part of the cost X. Selling portion of your inventory will not lower the cost X. I hope Ken understands this and sells as many rigs as he can. Those first lucky smart buyers will make assload of money with this equipment. Ones who wait, till it's too late, will be left holding their dicks. Sure, they can move over to PPC or similar alternatives. (Hmm... can PPC be mined with ASIC's?) Yes PPC can be mined with an ASIC. Ken needs to not just keep buying chips but put some profits back into R&D to have better chips built. |
|
|
|
So there are only 21 million btc's that will ever be mined, and the last coin is projected to be mined sometime around the year 2140. Awesome, no government printing money at their whim.
However.... People are bound to pass away. When people with btc die, lets say for optimisms sake that most will have someone that can access their wallets ringer to the bitcoins. But, the problem is that not every person will. So these coins are inaccessable by anyone, ever.
This becomes an issue not right away, but it is an issue.
Some say modifying the protocol to add more btc, but that defeats the purpose of having a limit in place.
Some say set something up to where if a wallet goes unused after a certain time, to raid it and reintroduce those coins. That's not good...if I get coins in a Wallet and wait 50 years to touch them, and someone takes them thinking they were lost, that's not good.
Ideas?
I wouldn't worry about it. In a hundred years once a vulnerability is found in the private/public key people will move their coins to a more secure address and the only vulnerable coins will be those lost coins. People will then mine the vulnerable addresses. I am certain that in a hundred years if bitcoin is still around people will have stolen every lost coin. |
|
|
|
|
Towtoad. Would be nice if you set up Lets-Dice on BTCT.co so the shares can be valued properly and give investors liquidty.
|
|
|
|
pankkake, Labcoin is hashing with their own rig, the address has been posted back a few pages and my Active Mining investment is about vaporise. I don't see a relation with ActiveMining. Well it does, because once Labcoin prove they are hashing Active will probably die, the two main stocks for mining companies on BTCT.co is Active and Lab, who gets there first.... (Also you frequent the Active threads as much as Labcoin threads and I know how much you think us Active holders are idiots (And probably right) I hope your having a better day than I am.
And yes I hold Labcoin, but no where near as much as my Active position unfortunately.
Or is this a joke I'm not getting? No not a joke I'm just sad and wanted to say something. Hopefully if Labcoin takes off it will counter my Active position a little, do you agree? |
|
|
|
I don't get it. Now Labcoin is supposed to have been hashing for a while with Avalons?
pankkake, Labcoin is hashing with their own rig, the address has been posted back a few pages and my Active Mining investment is about vaporise. I hope your having a better day than I am. And yes I hold Labcoin, but no where near as much as my Active position unfortunately. |
|
|
|
Because we are going to have eASIC pumping out chips like a motherfucker through global foundries, we didn't raise $1,000,000 for nothing..
If I were here to pump and dump I would have dumped a long time ago.
I would love for eASIC to pump out chips as I hold a position in Active Mining. But all the evidence suggests that we will not hash with even test chips until November, by which time most of these eASIC chips will be coffee heaters and nothing more. |
|
|
|
to the moon
What this stock? No chance. If you were somebody important I might listen.. but unfortunately...  Haha whatever mate. Exactly what reason is this stock going to the moon? You have no reason and just in the game to pump and dump. |
|
|
|
to the moon
What this stock? No chance. |
|
|
|
I would be beyond shocked if that was anything other than someone trying to troll.
+1 This is the most likely case. We are in such a hole here now people are trolling us on the mining pools. (Well most of you are sitting pretty with cheap shares, I invested quite high and will probably never make it back) |
|
|
|
The difference between not owning shares and owning shares.
Huh? Just because I have sold most my position which was 94,000 shares doesn't mean I fully got out. Otherwise I would have left the thread. Stock is a gamble. |
|
|
|
Hmmm....someone seems to be mining at bitminter under the name "fast hash" 1.128 TH could this be test chips or is this just wishful thinking?? https://bitminter.com/livestats/bigWishful thinking I am afraid, we are still a few weeks away from having test chips. (Hopefully it won't be too late to the game) |
|
|
|
If this is true then tomorrows dividend should be 50 satoshi which is already 33% of ActiveMining and expected to grow! (ActiveMining dividend will be about 10 Satoshi in a few weeks) If Labcoin mines at this rate (25 btc every 3 days and expected to increase) the dividend is already 50% higher than ActiveMining! If true then well done Labcoin!! I guess my prediction that they were failing badly at mining was incorrect. Just to quote myself saying I was wrong about Labcoin. |
|
|
|
If this is true then tomorrows dividend should be 50 satoshi which is already 33% of ActiveMining and expected to grow! (ActiveMining dividend will be about 10 Satoshi in a few weeks) If Labcoin mines at this rate (25 btc every 3 days and expected to increase) the dividend is already 50% higher than ActiveMining! If true then well done Labcoin!! I guess my prediction that they were failing badly at mining was incorrect. |
|
|
|
I just received a PM that Friedcat has transferred the ASICMiner shares. Can you confirm this, watertech666?
If this really happened I will be so happy. |
|
|
|
Thanks Labcoin, Sam whoever you are..
keep on going and don't be put off by the FUD here.
Right, I think Labcoin's posts encourage FUD. (And they know it) Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.
Thanks LC, take it the teething issues are resolved. An dea what rate you are hashing at? Thanks? This response is ok for you? If the "teething issues are resolved" then why not post an address right now? That's a start, but when are you going to provide a detailed status report?
This is a typical vague Labcoin post that will allow FUD and give doubt. I think a status report is less important than a mining address that will allow for verification of Labcoin's wild claims. Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.
Can we expect divs on tuesday as promised? Also, if yes, why not post it before dividends are issued? Why not post it right now? |
|
|
|
|
Show Posts
