Mining address will be posted publicly before Wednesday. This will allow transparent monitoring of the hashing rate and block generation.
WAT
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Did you guys know about these guys yet? It looks like you have another 28nm competitor. Their chips are around the same speed as ActM (rather then being giant 400-500Gh/s monsters like hashfast/cointerra) From what I can tell, 24.756Th/s worth of vmc Fast-Hash-ONE chips costs $120,000 or $5/gh/s. For $147,000 you get 1500 of these chips, which comes out to $4.9/Gh/s. However, the chips are supposed to have a less energy efficient "turbo mode" that will actually double the hashrate and quadruple the chip's power draw. So, if you were to run the chips in "Turbo mode" (which I'm sure everyone will until the difficulty goes insane) then the cost for raw chips is just is just $2.45/Gh/s. Less then half the cost of VMC's chips. Great, my Active Mining investment is about to go even further down.
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Bitcoin is not a consumer thing. Find something more adequate for your needs and abilities.
Number one issue with Bitcoin right now? People with an agenda trying to make Bitcoin into what they want it to be. I try to not get into the whole what Bitcoin is for debate, I see Bitcoin being most powerful when neutral and used for many different reasons. So can Bitcoin be a consumer thing? Perhaps it can. Who are you to be the decider? Some of your posts make a little sense, others just reek of stupid.
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Nah, Just found it quite funny all the people spreading FUD in there are from this thread lmao. I haven't been in here once this whole time, but all you guys yell activemining in there the whole time so I decided to stop by and see, and found the scum that populate this thread lol.
Continue among your self's again, I have no need to bash another security, unlike you desperate losers.
I hold both and had large positions in Labcoin for most of its time. So I can post in both threads as its relevant to me.
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Where is actives bottom Stuart?
Yes! Quick! Divert attention from Pompeii-like situation aboard your ship to point out that a ship further up the horizon seems to be stationary! Well at least some people have confidence left in Labcoin to be buying up. When was the last decent buy on Active?
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And even after slashing prices the competition is still going to be ahead. Sigh. Remember, there is room for a number of players in this space - no single company has a monopoly on profit. ActM has a great partnership in eASIC which gives mainstream, "real world" credibility to this operation. There is still quite a bit of time on the clock and as far as publically-traded mining operations go, ActM still stands the best chance of delivering. The trouble is I keep hearing how all the private companies (Hashfast, Cointerra, Bitfury, are all super funded super companies with super chips. Its actually making me a bit depressed)
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I am going to propose that Doog does raise the commission to 15-20% as I don't feel he is making enough of his project. (His personal investment BTC should not be used as a justify his gains, as those are they same as ours). Even a 50% commission is completely fair. It's not like people are going to say "50%? I won't invest anymore". How it is right now is basically no-risk investment that you can pull out of at any time (unlike CDs where you have to wait), who is going to complain about that? 50% is going too far, we take 100% of losses but only 50% of profits? A whale can reduce our principle by 5% in a day. But at 50% current ROI would be under 15% a year. Of course Dooglus can do whatever he wants. 15% is only 3 times the interest my local bank offers so I would be playing a losing proposition to stay invested in Just-Dice at 15% a year as the risk is not worth 3 times what my bank offers. Also my bank is secured against taxpayer money and our banking system in Australia is far more stable that the USA. But like most Bitcoin investments, the good times come to an end all too soon. :p
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Where are all the active guys? Seems to be about to slp under ipo on btct....
I'm still here, Active is well fucked. I am coming to terms with being a bagholder at this point. :p
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And even after slashing prices the competition is still going to be ahead. Sigh.
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Do we only own Active Mining? Is VMC fully owned by Ken?
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This thread is hilarious, kiddy playground all around. I'll thank you all for the cheap shares at least.
No worries!
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Labcoin- I wasn't confused by your pictures. You showed us some boards and some chips. Great. Not at all confusing. I understand they're boards and chips. What YOU seem confused about is think that's in any way sufficient. It's not.
Here, I'll make this easy.
The follow items will drastically improve your relations with investors.
1 - A photo of an assembled board. 2 - A photo of computer screen showing the mining software running while attached to a board. Ideally with hashrate, but really, just show us you're running. 3 - Tell us how many chips you have running RIGHT NOW, not at some future point. It doesn't matter much if it's a tiny number. Right now we assume you have 0. Any number greater than 0 is an improvement. 4- If you've found a block, tell us which one it is. 5- Give us your mining address.
Do these simple things and your stock price will soar in a matter of minutes.
Do it.
Well I am sure they will spread this out and do some of those options. Riding the wave will make them even more money (They just need to be convincing enough for the first few minutes for the pump and then just fake enough for people to tear them apart that they can then dump) Lets see: 1 - They will give a photo at some point, this I am sure of. Not sure if they will introduce subtle fakeness or make it as real as possible. Remember Labcoin are not stupid. They know the PCB had no trace, its all planned out. 2 - Easy one to fake up. This won't be a big run but it'll make them about 200 bitcoin. 3 - You mean just say words, this will happen. 4 - If they get a block this will happen. This would actually be one of the few genuine reasons for the price to naturaly increase. Except people will ask questions about other blocks. Then they will be silent and dump. 5 - I will be impressed if they give this before the above, because once we see the lack of mining going on the scam is up (This is the last big dump)
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Yeah 500th/december only makes 2 million the first month. What you day makes no sense, if that was the case they would just pump instead of trying to predict cycles which they won't even be able to sell out of.
Firstly I am not positive its a scam. I post an alternative point of view because if it was a scam this is how it would go. You milk as much as possible because riding might make more than one giant dump. Also if this is a scam then its not over yet, the giant dump might be on its way. For example they post a address mined with an avalon or something and in minutes the share rockets before the investors realise its not a 100TH/s miner. Then as the FUD starts they dump the whole thing and thats when its over. The whole game nets them 20,000 bitcoin + However I think its only slightly more likely its not a scam and they have tested a few individual chips, but they can't hash them consistantly, don't have proper boards assembled and have been lying all this time. They said 2TH/s because they got 1 chip working and expected all the others to follow, but that did not happen and by then they made the post. The situation now is they might be able to get a few GH/s online but its all just falling apart. Take one of those two, I understand you will opt for a third option, that they are really mining with a rig and assembled boards. But I don't see that as a plausible possibility. EDIT: and getting 500TH/s online is unrealistic. This is complete and utter fantasy. No chance this was ever a possibility, especially by December's end. Quoting myself because i'm at the end of the stupid page and I want Johny to tell me his third option to my two I presented.
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Yeah 500th/december only makes 2 million the first month. What you day makes no sense, if that was the case they would just pump instead of trying to predict cycles which they won't even be able to sell out of.
Firstly I am not positive its a scam. I post an alternative point of view because if it was a scam this is how it would go. You milk as much as possible because riding might make more than one giant dump. Also if this is a scam then its not over yet, the giant dump might be on its way. For example they post a address mined with an avalon or something and in minutes the share rockets before the investors realise its not a 100TH/s miner. Then as the FUD starts they dump the whole thing and thats when its over. The whole game nets them 20,000 bitcoin + However I think its only slightly more likely its not a scam and they have tested a few individual chips, but they can't hash them consistantly, don't have proper boards assembled and have been lying all this time. They said 2TH/s because they got 1 chip working and expected all the others to follow, but that did not happen and by then they made the post. The situation now is they might be able to get a few GH/s online but its all just falling apart. Take one of those two, I understand you will opt for a third option, that they are really mining with a rig and assembled boards. But I don't see that as a plausible possibility. EDIT: and getting 500TH/s online is unrealistic. This is complete and utter fantasy. No chance this was ever a possibility, especially by December's end.
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Yes labcoin is capable of riding every wave if they could do that they would be trading millions not building bitcoin miners.
Labcoin IPO: 7,000 btc Labcoin 24 hour volume: 3,370 btc (Almost half the IPO amount in one day) Labcoin 7 day volume: 10,246 btc (About $1,200,000 in 1 week) Every wave has been created due to someway of Labcoin posting. (Wait too long, post vague information, claim 500TH/s, "We are solomining right now at 2TH/s", etc...) They have complete control of this market and could have easily made more money with the 5 - 8 FUD cycles they have enabled since IPO than they would mining with real hardware for a year. Actually I am beginning to think they are genius.
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Posting some vague PCB and contradicting everything you have said might be a better way out than to admit your company exists entirely in the imagination of its investors.
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we need Burnside to confirm it's not Labcoin buying/selling shares
+250 Sorry dude they are not buying selling with their shares. Burnside actually has no way to tell the account being used is in anyway linked to Labcoin. (Hint: They set up another account and from riding every wave have probably already doubled the IPO cash flow, enough to pay a dividend for the next year too) (Unless he did blockchain analysis and traced the accounts balance deposit from labcoins IPO funds raised, but even then it would be hard to do that. How many hops have been made?)
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Asians: I wish they weren't akward and suck at social skills.
My Asian friends are some of most social people I have ever met. Not sure what stereotype this is but its not even close to being on the mark.
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I have revised my calculations. This stock is in dire need of a correction....
...A correction UPWARDS!!!! 0.0038 will be cheap shares by tomorrow BUY BUY BUY!!!!
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