Labrat. Just a reminder. You took people's property valuing ~$750,000 to kick off LRM. Property which today should be worth ~$4,500,000. An update before we end the sixth week since the last one would be nice. Even an update on when you might even give a real update.
At least indicate that you're still committed to LRM being an actual success.
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Anyone have some cheese we can set out in the forum?
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Only Lab_Rat would know the numbers to do the math with, but getting a refund from BFL and piling the money into either more bitfury gear or the 'mysterious ASIC project' would probably make the most sense. The fact that BFL is (willingly? Compelled by law?)offering refunds at all makes me feel we've slipped into an alternate dimension where nothing makes sense anymore.
Maybe as strange a world as one where LRM has a trading platform, lists correct hash rates for the people that funded it LRM and where bonds are being bought and sold for at least the first issue price of BTC0.15.... and where bond holders aren't left uninformed on better details for national security reasons.
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If LR can pull off getting LRM to 1PH... it could arguably make up for all this.... that's an if....
Why do I think this? Correct me if I'm wrong... current network hashrate is ~30PH.... Difficulty looks like it may have went to a linear increase. Ifso, that projects to about ~100PH by year end.
1PH would be ~1% of the network. Currently that (1%) would yield ~BTC1057/mo ... or ~BTC0.0176/month/bond (not bad).
This doesn't count halving of block size. And I might be underestimating the difficulty.
It's an awesome " If". Man, that would be sweet! If he can get LRM up and over 300TH right now, then it would be the equivalent. This month is suppose to bring in 150+TH - which would be getting closer.
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If LR can pull off getting LRM to 1PH... it could arguably make up for all this.... that's an if....
Why do I think this? Correct me if I'm wrong... current network hashrate is ~30PH.... Difficulty looks like it may have went to a linear increase. Ifso, that projects to about ~100PH by year end.
1PH would be ~1% of the network. Currently that (1%) would yield ~BTC1057/mo ... or ~BTC0.0176/month/bond (not bad).
This doesn't count halving of block size. And I might be underestimating the difficulty.
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Does anyone know the total div's sent to date, or where is a list of the div's sent since first bond issue?
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Div's going out today?
It's Friday. Divs will be sent out tomorrow, around 24 hours (give or take a couple) from now. grnbrg. Yeah, I was off a bit I spent about the whole day yesterday thinking it was Saturday for some reason.
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Transaction fees.
The guy buying only wants 3, the seller wants to get rid of 25.
Perhaps the seller thinks he needs to foot the tx fees, as has been done, and prefers to sell the whole lot in 1 go at a lower price
Since we still have no automated trading platform
Yeah, still a glaring thorn in the side of LRM. How many months has it been now?
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What were dividends over the weekend?
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The last trade for LRM was BTC .066 per bond for current hash rate of .318 GH/s
Cex.io is currently selling 1gh/s for BTC .0338( 3 times the hash rate for half BTC cost)
Is LRM still good value against Cex.io?
Does anyone have the cumulative return that LRM has made so far per share?
Consider my post here: https://bitcointalk.org/index.php?topic=251423.msg4709302;topicseen#msg4709302Basically, by that reasoning, for bond value to be on par with (i.e. keeping up with) difficulty changes since first issue, LRM should be hashing near 560TH.
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If I'm not mistaken with my sources, laser systems capable of 11nm lithography are already deployed to major chip mfg('s)... but that does not mean you should expect 11nm anytime soon. They may still want to milk the public of all they can at the next larger architectures before obsoleting their product
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[...] Thanks, bit, those are some great ideas... now, ill just have to narrow it down a bit and try to get at least one guest that is an expert in each area as a guest... I hope this little "endeavor" works. The only other online shows are bland and are VERY boring, I want this show to be entertaining, informative, etc which I think I can...
No problem. By the way, I do think M31's suggestion is very important, and would be a great eye opener for those that think bitcoin would bring havoc to the economy or present currency system. In fact, I'm a bit ashamed that I didn't think of that myself... Afterall, I've long been inclined that almost all of the worlds biggest problems lead back one way or the other to greed driven abuses & outright scandals relating to national monetary & banking policies that have evolved over the centuries. With the key players being corrupt politicians and the super-rich banking cartels. See here: https://bitcointalk.org/index.php?topic=251423.msg4788478#msg4788478
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grnbrg,
If there an updated bond list available?
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I need help from the LR community. I've already reached out to LR and ill talk to him further when he gets back from the show, but Im starting an online call in radio show regarding bitcoin and I want to start the show off with some really good guests. I've tried Gavin (no go) and havent heard back from some others. If any of you have connections with anyone that is big in bitcoin, I would love to hear from you via pm.
I want the first 4 shows to be off the charts as far as guests.. This will be a call in radio show that will be streamed live via the internet and also saved for podcasts. Also, I would like some ideas for the first 4 shows..
Thanks for your help...
Broad Categories: Future of Bitcoin ... What will really increase it's adoption. ... What is the trend. ... Bitcoin and Wall Street (Winklevoss bro's and BTC Fund) Mining ... Difficulty ... Trend towards centralized mining and the impact ... Specific companies ... Cloud mining or mining farms CryptoCurrency in general. ... Actually revolutionary or not. ... AltCoins adoption.. which is #2..and any up and comers. Governmental and Banking Responses ... Influences (e.g. MtGox and KYC) ... China government & banks Also, I think a very interesting & useful category would be one that explores what unique or new opportunities bitcoin brings... new businesses and/or careers and/or investment opportunities. Interview people that have made new businesses that did not exist before bitcoin. And what new technologies might come out of it that will lead to even more business opportunities - perhaps one's that are only just popping up on the radar of business minded minds.
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It seems this issue has a common history with the still unresolved method for bond trading. BitFunder didn't only make trading bonds as easy as it should be, but it apparently made dividend payouts easy & error resistant.
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Where is the official list kept? The one on LRM's website is not updated.
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