Assuming the largest holders purchased their shares at the IPO, none sold their shares earlier and no shareholder increased their stack, only 6 shareholders were able to sell an amount like this. (Many assumptions, but still interesting imho)  179,694 shares were sold in one batch for 591.39 Bitcoin, which is 0.003291 Bitcoin/share. The price could go to the moon, if Labcoin delivers, but it could also fall rapidly, if they don't. Securing profit at 3.2x of initial investment seems reasonable. |
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Wtf. Man this manipulation is silly
400.000 179.699 shares sold. |
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Hi, awesome! Is there any restriction or would I be able to trade Bitcoin <> Litecoin instantly when the beta starts?Seems like it's only play money in the beta. Here is a presentation: https://www.youtube.com/watch?v=fMLRFtiZhNoReally looks great:  |
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swede bid on ads for the forum -
there's a chance that it's for labcoin
labcoin closer to moon
Not the first time, though it was never addresses or declined from him.  He didn't win last time. |
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We're looking at the same data I guess, but I see it differently. Bid/ask ratio, normalized wrt curent price (something that the wonderful coinorama.net does automatically), the ratio steadily went up throughout August, from 0.5 to a peak of a bit above 1 on August 31st, then declining back to an 0.8-ish value that was the peak value a few days before, higher than almost all of previous August. Then it stabilized, slowly gaining (at around 0.83 now).
Thanks for the resource! Looking at the historical ratio, this does indeed provide a different result. |
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Sorry what statement? "there is no news for a week, hence the chart takes precedent" |
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2. You claim LAB is going down, though you couldn't provide any reasonable explanation to back this claim. Same goes for "the charts tell!".
Thanks for info. And my post at the top of this page? I know the limits of ta, there is no news for a week, hence the chart takes precedent. Hard to admit now, but I have nothing to add or disagree with this statement.  Well, I guess I should rephrase "you're talking bs" to "your attitude sucks" or something.  |
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Cool, where did you get this candle chart from? NinjaTrader + BTC-TC API. 1. Charts do visualize what "the market" does and TA "works" to a certain degree. And while patterns can perfectly represent the underlying sentiment, it is not possible to account unpredictable external events due to their unpredictableness. You might assume "there is currently undecidedness and a breakout will follow soon" for example, but this is as far as you can go related to stocks like LAB, because you can't predit the actual outcome of that external event (= do they deliver chips or not). 2. You claim LAB is going down, though you couldn't provide any reasonable explanation to back this claim. Same goes for "the charts tell!". |
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You see the problem? That's why I'm basing this on the chart. Nothing fabricated, made up or invented. I'm looking forward for your anaylsis. What do you see what makes you sure LAB is going down instead of breaking through the resistance?  |
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Doesn't anyone stop and think WHY...  (...) They want Labcoin. When you spot seemingly manipulative behavior, you have to distinguish between (1) white knights, (2) concerned investors, (3) investors of other securities and (4) those who want to buy cheaper and (5) trolls or former investors who are raging for whatever reason. While shareholders should be thankful for type (2) for bringing up topics which need to be discussed anyway, they neither should fear one of the others due to their inferior position or insignificance. They leave sooner or later and those with the goal of purchasing shares might even give in. The true villain is the one who doesn't reveal his position and whose actions aren't perceived as suspicious at all.  steveioio, this one is for you. <3 How are they planning to remove all the heat the chips obviously will generate? BFLs 65nm chip has about the same power draw (~12.5 Watt, and everyone know how much it takes to keep those chips cool, and their chips got an exposed heat pad. This concern seems to be reasonable. Maybe the allegedly upcoming smaller batch of chips is only intended as sample batch to verify results as fast and cheap as possible (no proper packaging -> underperforming chips). Thus only 3-4 TH/s out of 1500-2500 chips which should hash at 4.7 GH/s/chip (total 7-12 TH/s) according to their earlier specifications. Though this is only speculation and the total amount of chips is a bit vague, too. On 12th July labcoin mentioned 1000/1500 chips while TheSwede75 announced 2000-2500 later: Right now we're looking to get 1000/1500 chips from the first run at 130nm. Just talked to Sam and while exact dates are still to be received from foundry/fabrication here are the latest news:
- The first run of chips are expected to arrive within a week. This is a 2500 chip run and Labcoin expects at least 2000 chips to be of "production quality".
- From these chips some will be send to DYI projects and parties that have expressed interest in volume orders from the coming serial production run.
- PCB/Components for miners are expected to arrive shortly (a few days) after chips. To speed up miner production the PCB has not been tested prior to order but thorough simulations have been ran and Labcoin does not expect any issues with the PCB. SHOULD a problem arise Labcoin expects less than 1 week until new PCB can be produced, so even a worst case scenario has functioning PCB in-hand in about 2 weeks. Also related: We do confirm that we're expecting to obtain the initially declared performances with the 130nm round, but we will wait for the ICs to be ready, to better assess the yield quality in terms of chip grades. As we hope is clear Labcoins 1st gen chips are not 'state of the art' chips that will push the limits on power consumption and effective but rather Labcoin focuses on pushing the envelope in terms of chip cost and time to market. As it looks now, we should be able to compete in price/hash-rate with December competition, and deliver chips as early as 2 months ahead of them, something that should be ROI+ no matter power cost for the mining public.
(...) Documentation, bulk orders etc. will follow in the coming week/weeks after mining start. I'll end this post with another quote: The focus of the Labcoin team for the next few weeks will be 100% on becoming maybe The First ASIC project to actually deliver according to project timeline. Something I would consider quite a feat in itself. Eight exciting days to go.  |
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for sure you can see bots right now especially on labcoin What are they doing? |
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So how do you spot this behavior going on? You need to watch the order book very closely. I'm interested in the following: When and under what circumstances does selling induce a sell-off? What is the difference to regular market sells? How does it turn the sentiment around? |
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 There is a storm coming.. at least on Bitstamp. Due to the lack of historical depth data, I'm unable to provide greater detail, but I watched Bitstamps bid/ask sum over the last days and it is on a decline and went constantly from roughly $ 125 to $ 104. Means: less bids, more asks. The price on Bitstamp follows Gox and seems to be stable at the moment, but selling pressure is rising, while the divergence on Gox between bids and asks increases. This underlines the assumption that people are getting out of Gox, but only to sell on other exchanges. At last to some degree. |
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Hi again! Some observations: (1) It would be great I could (optionally) merge the LTCG and BTCT streams, because I follow both. Though this might be addressed via the watchlist. (2) Right panel "Realtime trades": It would be great if the total volume of one buying/selling block is displayed. The number of shares does provide a number, but I feel like it's not very intuitive.  (3) Right panel "Realtime trades": Even when there is no price change, the volume should be displayed in this block. (4) Right panel "Realtime trades": I think it would be more congruent if you display the buying/selling block for single buys/sells, too. (5) Left panel "Live Market": Tickers are not clickable. (6) Asset chart: It never stops loading. (7) Asset chart: You might want to exclude option trades, they create spikes in the charts which might seem crazy if you don't know it was an option trade.  Hope this input is useful. I really like the design and I'm looking forward to see more. |
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Kissing? I think you meant "word of mouth".
It is not clear which parts refer to CIPHERMINE and which parts refer to CIPHERMINE-PT. You seem to switch back and forth as if they are the same thing. Can you make it more clear? Thanks for the input! I differentiate between "CIPHERMINE-PT" (the pass-through), "CIPHERMINE" (the security on LTC-GLOBAL) and "CipherMine" (the company). I added passage 8.1 Terminology which is an extension of the former passage Users to state this explicitly. Mostly all references to the company CipherMine and the underlying security are updated and addressed as external instances to a greater degree now. Furthermore the passage 8.5 Fees and Operating Cost was added as requested. |
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Anyone here who is willing to sell some reasonable put options in the next days with an expiration date of 2013-09-13 (12 days from now) or later? Volatility over the last.. 3 days: 13.190% (mean .003667), 7 days: 41.425% (mean .003383), 14 days: 60.192% (mean .002995), 21 days: 81.208% (mean .002545), 30 days: 84.325% (mean .002288). -- On topic: We know that there should be 2000-2500 sample chips, the given chip specifications were 4.7 GH/s and LAB said they are going to deploy 4-6 TH/s soon. But I've never read that all chips are being deployed or similar. Furthermore I assume they are called sample chips for a reason. Anyway, 2500 * 4.7 TH/s = 11.75 TH/s != 4-6 TH/s => garage chips hashing at 30-50 % is not a legit implication. Though this doesn't rule out that the sample chips might be indeed garbage chips. |
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when did they change size to 10x10 from 6.5 x 6.5- - can you post the link where it says that? They didn't. According to LAB the die size is 6.5 x 6.5 mm and I assumed the size of a QFP44 package is rougly 10 x 10 mm. |
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Are there coins that can be profitable with cpu-mining and the power usage of it? CipherMine is in the special position to use spare VM hosts of the UK hosting provider Memset Ltd to mine Primecoin ( bitcoinmagazine.com on XPM) which are traded on Cryptsy. Currently CPU mining is the only way to generate XPM, though I can't provide exact numbers on profitability. And how about using techniques like multipool or this other pool are using? I would invest probably. But mining bitcoins doesnt sound good for that hardware. CipherMine uses different mining pools based on what cryptocoin is mined. Basically the CPU rigs/VMs are used to mine XPM at the moment, GPUs are focused on scrypt coins (like Litecoin) and ASICs and FPGAs are used to mine SHA256 coins (like Bitcoin). Page 6 and following of CM's business plan provides some more details about coin selection, hardware and mining pools: http://docs.ciphermine.com/CipherMine%20Plan%20v2.11.pdf |
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The LQFP44 package is 10x10mm actually. Your comparison seems ok then. Non-standard warning label on the cigarette pack though  . Yes, I assumed it would be roughly 10x10 mm. A cigarette pack should have a length of 86 mm. I'm sure it's not 100 % accurate, but it was only intended to provide some comparison anyway. |
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Dear potential shareholders,a few minutes ago I initiated the approval process on BTC-TC. After the admin lock has been removed, shareholders of LTC-GLOBAL are eligible to approve CIPHERMINE-PT: https://www.btct.co/security/CIPHERMINE-PTI will announce the official start of trading with a leadtime of at least 24 hours. Cheers!
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