But that doesn't really matter. If labcoin only manages to hold ONE percent of the network, then the current share price is nothing else than cheap as fuck. Some numbers: BASIC has a hashrate of 1.2 TH/s and a lower market cap than Labcoin. If Labcoin would be BASIC and the price would scale with the additional 2.8 TH/s to get 1 % (assuming 400 TH/s total), it would very roughly be .004 - .005 BTC per share.
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I'm sorry it I came across as crass but I believe in labcoin personally, but I also feel that a 'reality check' may be in order for investments in general.
YES there are of course projects with possible huge upsides but people also need to realize that investing in anything cryptocurrency related (including Bitcoin itself) means that you invest in an emerging market for for better or worse. The history of Bitcoin is full of scams and people have a tendency to favor the paranoid point of view (for obvious reasons). Should they be even more aware? Maybe, probably. Anyway. I think it's odd that you say this while there are unresolved questions about Labcoin, i.e. the share lock issue.
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After I've been told that Amethyst is responsible for the huge spike in hashrate/difficulty, I had no other choice than investing. No need to blame anyone anymore, finally I can see it crystall clear. The price keeps rising and I can see my fortune. I just keep thinking: thanks to Amethyst I can have it all !Edit: Obvious ponzi scheme. buyer beware.
It seems that someone attempts to lower the price to buy even more precious Amethyst shares! If nothing in this thread was convincing enough, this should do it!
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What is ActiveMining's market cap?
multiply average share price (over bitfunder and btc-ct) by number of shares (25mill). 0.005x25,000,000 roughly 125k BTC or 12MIll USD 6.898.797 are issued on BF and 3.071.989 on BTC-TC. Freefloat would be very roughly 55k BTC. Good work, Pompobit. Thanks for sharing!
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...
So people still don't know about these gems.. BTC-TC, LTC-Global, Bitfunder, MPEx and Havelock are the major five whereby LTC-GLOBAL a Litecoin exchange is. BTC-TC ( www.btct.co) has the highest volume (30d avg 197k, daily avg 6.6k Bitcoin). The charting situation is even worse. IRC trade feeds and coinflow are the only public tools I know of.
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I kind of wonder what layers of caching there might be between you and us. Any proxies you use? Browser cache? That sort of thing?
Cheers. ^ some minutes later. Confirmed by two others. It's not a remote problem and I didn't change anything. No proxy, different browsers. /api/tradeHistory/ slight delay /api/tradeHistory/SYMBOL major delay /api/tradeHistory/ticker slight delay* /api/tradeHistory/ticker/SYMBOL seems to be okay assbot in IRC has a major delay /api/orders/SYMBOL seems to be okay realtime ticker on btct.co is live A slight delay is somewhere around 10 minutes, major delay over 30 minutes. * /ticker had a delay of 1-3 minutes a few days ago, but anything else was live. All timespans are estimates.
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Where one can look at those s.dice charts? Preferably non-java charts.
Well, there is http://coinflow.co/chart/S.DICE-PT. If you need NT importable data, I'd be happy to serve Daddy Loozik.
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Somewhere here Ken said that eventually we'd be able to transfer our shares between both exchanges.
Not possible.
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Is the API broken? /api/tradeHistory/ has massive delays.
AFAIK, there's a 10 minute cache. How long of a delay are you seeing? If you want something a little quicker, you can pull from my feed here (I plan on making it a little prettier eventually): http://coinflow.co/livetradesThere's an SSE stream at /livetradeevents/ which aggregates data from assbot and assetbot on IRC. It's not the 'definitive' source since it isn't the API (I use API data in the charts for BTCTC, not assbot data), but it's still reliable. Actually there was no delay till now. Last trade @ /tradeHistory/ at unixtime 1376333707 (~34 minutes ago). And /api/tradeHistory/LABCOIN for example stucks at 1376332899 (~49 minutes ago).
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Is the API broken? /api/tradeHistory/ has massive delays.
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Alright then, somebody got wind of the SD deal before it was announced, along with the price and bought up all shares below that price. MPEX is one of the places where the information could have been available beforehand. This makes you a potential suspect.
Actually I was interested in this case, because it looks indeed suspicious. The first spike in volume was a sale. Maybe the alleged insider put up a buy wall which was filled immediately, but I exclude this trade from the trades of interest for now. The jump from 0.0022 BTC to 0.002399 BTC was due to the next buy, not because of the sale of 5000 shares. The next picture shows the range of alleged insider trades: Inbetween those two points were: 61 trades (60x "Market Buy", 1x "Call Option") with a volume of 12,156 shares for a total of 32.61828 BTC. The averaged price per share was 0.002683 BTC. This results in a profit of 9.92772 BTC after the buyback for 42.546 BTC (0.0035 BTC per share). 10 BTC profit in a 126,315 BTC deal seems somewhat insignificant to me.
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Just reading up on the extortion issue in China curious on your approach and what your dead man switch is, also forgot to ask what country you operations is based in.
He's from Germany afaik.
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man, just buy ipo and flip, no point in buying, are you seriously think there can be another am?
One does not simply flip a 45k IPO. Also, I recommend to anyone who thinks about investing here, to check their background and reputation.
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Here you go: https://bitcointalk.org/index.php?action=profile;u=109596 Exactly. He was trying to scam BtcGarden into buying back his "shares" which he allegedly does not own any at all. He was angered BtcGarden did not send the bitcoins first and fall to his trap, so he retaliated by spreading false rumours and tarnish the reputation of BtcGarden. Morever he had a long history of scamming people, spreading trojans, so what he said could be safely ignored.
At first he appeared and created a thread called "BTCGARDEN fraud investigation". He announced in the chinese subforum that "burnside stopped GARDEN" when there was the lock issue. According to some users he is a well known scammer. Another BTCMAN mod (called nightcat) confirmed this.
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Thanks for the sources well I'm erring on the side of caution but I do need to look into this more myself PS: FUU google translator goes line by line 鸭嘴兽是一个快乐的表 (...) Maybe it is connected, but saying it is, because both are chinese is far fetched. If you find anything interesting, feel free to share. Google translate is indeed a pain..
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Considering that they are both Chinese and have been given extortion threats I would not dismiss it too lightly for now. It might be a coincidence but it is worth noting even if they are slightly different cases If you're interested, do some research: https://bitcointalk.org/index.php?action=profile;u=109596The information is even in this thread: Exactly. He was trying to scam BtcGarden into buying back his "shares" which he allegedly does not own any at all. He was angered BtcGarden did not send the bitcoins first and fall to his trap, so he retaliated by spreading false rumours and tarnish the reputation of BtcGarden. Morever he had a long history of scamming people, spreading trojans, so what he said could be safely ignored.
[...] This guy tried so hard that he even announced in the chinese subforum that trading has been halted and "burnside stopped GARDEN" when there was the "lock issue" thing..
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Honestly, I'm far more concerned about the heavy handed fascists at the (American) SEC stomping all over ACTM with their shiny, taxpayer sponsored jackboots.
Ken needs some very heavy legal muscle on retainer, like Baker-Botts caliber whiteshoe thugs. But that's expensive, to put it lightly.
Nothing about ice.drill touches US soil.
Being US based is an awful liability. Very sad and tragic, but that's status quo until we water the tree of liberty.
I'm not sure since when this is online, but ActM addresses US users very direcetly: http://axs.net/AMC/PPM/AM.pdfhttp://axs.net/AMC/PPM/AM1.pdfThose two are linked in the details under issuer destails.
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