Just to make matters worse, this IPO caused a ridiculous crash of ASICMiner.
So not only did I miss out on a great opportunity, I lost a ton of money too.
Maybe not for long. 2/3 of the coins currently waiting for Labcoin will be freed & looking for cheap shares soon, and it's just come out that Friedcat has a tad more hashing power than people thought... |
|
|
|
Does anyone know why Friedcat isn't tagging them? |
|
|
|
Not to discredit the potential of Labcoin, but the community response to this IPO reminds me an awful lot of behaviour in the alt coin forum when a new coin pops up... especially the likes of feathercoin and chinacoin
Alt coin behavior is spreading. You should see the ActiveMining price manipulation lately, especially on BitFunder. |
|
|
|
Just broke the 7m mark.
Not at & above the IPO price, yet. Satoshi bids don't count. |
|
|
|
This could be a fun day. Everyone watching that btct page with itchy fingers....  ...growing bid war, don't miss out, OMG 2x IPO price, 3x, 5x wild tulip mania...  ...then maybe some good news from Friedcat or Ken draws attention away...  ...notice bids falling fast, OMG get out now, panic, crash, no bids left...  ...all before the IPO opens!  |
|
|
|
Stop me if you've been over this..
Logged in today and noticed for the first time the LTC/BTC ratio in the header read 35.08771929. That meant either I had missed a historical event in the popularity of LTC, or you're showing the inverse of what seems to be the traditional way to read the ratio, "1 LTC = x BTC."
That header has displayed that way quite a while. It's just the difference between LTC/BTC or BTC/LTC, the "traditional way," for example, on BTC-E's LTC/BTC chart, is just plain wrong, it should say BTC/LTC, not LTC/BTC. BTCTCO is BTC denominated, so it shows the # of LTC you can buy for one BTC. On a LTC denominated site, it would display the # of BTC you could buy for 1 LTC. The price of LTC/BTC should be interpreted as "how many litecoins per one bitcoin?" ~34 The price of BTC/LTC should be interpreted as "how many bitcoins per one litecoin?" ~.029 Currency exchange rate notations use the forward slash counter-intuitively. For example, the exchange rate for the Euro in U.S. Dollars is noted as "EUR/USD", which many would reasonably read to mean "Euros per Dollar". In practice, it is exactly the opposite: It means U.S. Dollars per Euro. In currency exchange notation, the currency preceding the slash is the Base currency and is always the number "1". The currency after the slash is the "counter-currency" or the "quoted currency". So "EUR/USD" means that One Euro equals "x" number of U.S. Dollars. |
|
|
|
First of all,the pre-order is rockxie's idea.
What we would like to make clear is that this pre-order was not initiated by rockxie himself.
|
|
|
|
Expecting a much-needed BitFunder surge as thousands of BTC go to the SDICE PT owners... Buy back is on it's way,
waiting for the BTC.
//DeaDTerra
Get your cheap BitFunder shares before they vanish. |
|
|
|
If I had to pick, I would go with try and true ASICMiner, but the shares will stay under pressure so long as people think Activeminer will deliver.
and if they delay or under deliver, look for a major correction. Already majorly corrected. The ActM faithful have been driven to swear & prayer. hat damn guy. BTCT down 0.007.fuck damn
.0055 on BitFunder.
:'(GOD!!! |
|
|
|
|
The OP has done a great job of managing this list till the rate of new altcoins got silly, but it doesn't seem as if he can keep up with the madness anymore.
xorxor has provided a valuable service to the community, but maybe it's time for another trusted altcoiner with more time to handle a "List of all cryptocoins" to take up the torch and start another thread?
|
|
|
|
share price drifting down a bit, I guess it's just post-dividend, pre-announcement slump.
I've been watching the realtime trade monitor on btct.co. It's actually been from people selling their ASICMINER-PT shares and TAT-ASICMINER shares and then immediately purchasing another security. Any security in particular? Please don't say ActiveMining!  |
|
|
|
With the asic genie out of the bottle, I have trouble believing they are going to be able to maintain anything close to 20% much less 50%. Its easy to horse races when you are driving a car around the track. In about 3 months, everyone else will have cars as well... I hope they are working on planes or they are going to be left way behind.
They are. Planes are expected starting November-December this year. |
|
|
|
I've seen lots of posts and comments raising fears about AM's potential domination of the network, but no comments outside the AM threads about the new franchise plans, which at least partly address those fears. So I started this. Hope I don't end up regretting it... |
|
|
|
I haven't seen people talking about Friedcat's franchising plans outside the ASICMiner threads, so I'm leaving this here to hopefully address some of the recent fears (such as https://bitcointalk.org/index.php?topic=247168) about AM dominating the network in the future, and to encourage discussion from the wider community. ASICMiner isn't capital intensive, and the costs are very small compared to the assets and profits, so it's built to scale fast. But as directly mining too much of the network total would break people's faith in bitcoin, this has always been a potential barrier to gaining too much network share, and Friedcat has always said he'll take steps to deal with this concern before unleashing the planned future hashing power onto the network. So now, in addition to selling excess hardware, he's now announced plans to rent out further excessive hashing power so that growth can continue. Shareholders will still get growing dividends as the network share grows, but the mining will be distributed. Update
Hardware Franchising
This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.
This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.
Thoughts? |
|
|
|
Train will remain alive and well until the next official hardware announcement... then we'll all be bitching about not buyiing enough shares under BTC6.
Agreed, we've had several stops on this train ride already: 0.5 XBT/share 0.7 XBT/share 1.2 XBT/share 2.5 XBT/share 4.5 XBT/share Double digits will happen in 2013. Double digits would entail ASICMiner shares making up 30% of all bitcoins ever mined. Do you really believe ASICMiner is worth that much? Friedcat's franchise plans on top of the hardware selling implies he's planning to grow way beyond 30% of the hashrate share. Do you want to bet against him? |
|
|
|
|
Show Posts
