mmmerlin
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August 24, 2013, 02:03:54 PM |
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LRM up to 0.2...
Interested to see what the dividend payout will be.
It's not going to be huge, but it should be quite a bit better than last week, see above, e.g. https://bitcointalk.org/index.php?topic=251423.msg2992405#msg2992405Also, it may be a day or so late this week, as stated before by LR as he is away at the moment, so don't panic if it doesn't come through today...
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Bargraphics
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August 24, 2013, 02:07:05 PM |
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LRM up to 0.2...
Interested to see what the dividend payout will be.
It's not going to be huge, but it should be quite a bit better than last week, see above, e.g. https://bitcointalk.org/index.php?topic=251423.msg2992405#msg2992405Also, it may be a day or so late this week, as stated before by LR as he is away at the moment, so don't panic if it doesn't come through today... I'm about to panic buy!
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mmmerlin
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August 24, 2013, 02:26:51 PM |
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LRM up to 0.2...
Interested to see what the dividend payout will be.
It's not going to be huge, but it should be quite a bit better than last week, see above, e.g. https://bitcointalk.org/index.php?topic=251423.msg2992405#msg2992405Also, it may be a day or so late this week, as stated before by LR as he is away at the moment, so don't panic if it doesn't come through today... Yep I saw your earlier post. A 500% increase is pretty hefty I think! Err, guys, whilst I'm 100% positive about LRM, I want to manage expectations a little here. Yes, it's a 500% increase, but from 0.7% of the hashrate that LRM needs to fulfil the 350MH/bond, to 4.2%, so if we're talking about percentage increases, we need to see another 2,000% increase (yes, compounded on the last 500% increase) before we're looking at 350MH/s/bond. Everything is coming along well, but don't be thinking that the share price should be mirroring the increase in hashrate - that would be insane as the hashrate was 0 at the IPO. I'm not being negative at all here, I just don't want to see people losing their minds, buying like crazy, then realising what they've done and a) losing lots of money and b) crashing the share price... That said, I have shares to sell, so knock yourselves out
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Bargraphics
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August 24, 2013, 02:39:35 PM |
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LRM up to 0.2...
Interested to see what the dividend payout will be.
It's not going to be huge, but it should be quite a bit better than last week, see above, e.g. https://bitcointalk.org/index.php?topic=251423.msg2992405#msg2992405Also, it may be a day or so late this week, as stated before by LR as he is away at the moment, so don't panic if it doesn't come through today... Yep I saw your earlier post. A 500% increase is pretty hefty I think! Err, guys, whilst I'm 100% positive about LRM, I want to manage expectations a little here. Yes, it's a 500% increase, but from 0.7% of the hashrate that LRM needs to fulfil the 350MH/bond, to 4.2%, so if we're talking about percentage increases, we need to see another 2,000% increase (yes, compounded on the last 500% increase) before we're looking at 350MH/s/bond. Everything is coming along well, but don't be thinking that the share price should be mirroring the increase in hashrate - that would be insane as the hashrate was 0 at the IPO. I'm not being negative at all here, I just don't want to see people losing their minds, buying like crazy, then realising what they've done and a) losing lots of money and b) crashing the share price... That said, I have shares to sell, so knock yourselves out I agree with you, but there is a basic saying here "The early bird gets the worm". I believe anyone buying shares now sees the potential that Lab Rat Mining has with their various contacts/relationships with different ASIC Manufacturers. He's able to get a VERY good price and pass it on to us (It's basically like us buying a machine with extra costs/work involved) Because of his bulk purchases he's in the wholesale line for these manufactures which is different from the retail line. You buy shares based on potential, not what they are currently doing. You look at what they are currently doing to gauge the likelihood of their potential. I believe we will see very happy shareholders this coming month
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mmmerlin
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August 24, 2013, 02:47:47 PM |
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LRM up to 0.2...
Interested to see what the dividend payout will be.
It's not going to be huge, but it should be quite a bit better than last week, see above, e.g. https://bitcointalk.org/index.php?topic=251423.msg2992405#msg2992405Also, it may be a day or so late this week, as stated before by LR as he is away at the moment, so don't panic if it doesn't come through today... Yep I saw your earlier post. A 500% increase is pretty hefty I think! Err, guys, whilst I'm 100% positive about LRM, I want to manage expectations a little here. Yes, it's a 500% increase, but from 0.7% of the hashrate that LRM needs to fulfil the 350MH/bond, to 4.2%, so if we're talking about percentage increases, we need to see another 2,000% increase (yes, compounded on the last 500% increase) before we're looking at 350MH/s/bond. Everything is coming along well, but don't be thinking that the share price should be mirroring the increase in hashrate - that would be insane as the hashrate was 0 at the IPO. I'm not being negative at all here, I just don't want to see people losing their minds, buying like crazy, then realising what they've done and a) losing lots of money and b) crashing the share price... That said, I have shares to sell, so knock yourselves out I agree with you, but there is a basic saying here "The early bird gets the worm". I believe anyone buying shares now sees the potential that Lab Rat Mining has with their various contacts/relationships with different ASIC Manufacturers. He's able to get a VERY good price and pass it on to us (It's basically like us buying a machine with extra costs/work involved) Because of his bulk purchases he's in the wholesale line for these manufactures which is different from the retail line. You buy shares based on potential, not what they are currently doing. You look at what they are currently doing to gauge the likelihood of their potential. I believe we will see very happy shareholders this coming month I totally agree, you are preaching to the choir my man!
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Bargraphics
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August 24, 2013, 03:48:02 PM |
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Double Dividends?
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kslavik
Sr. Member
Offline
Activity: 441
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
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August 24, 2013, 03:48:33 PM |
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I just got dividends twice at ฿0.00083112 for a total of ฿0.00166224
Was it a mistake? So no dividends next week?
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mmmerlin
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August 24, 2013, 04:01:04 PM |
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I just got dividends twice at ฿0.00083112 for a total of ฿0.00166224
Was it a mistake? So no dividends next week?
I received same. Guessing it's a mistake. Smells like a mis-click to me. My estimates were for a tiny bit more than the one payment we got, but nowhere near double. We shall wait for clarification for the powers that be though...
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pixl8tr
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August 24, 2013, 04:10:43 PM |
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How does it work if it was a mistake? Does the excess get removed from our accounts automatically?
I don't know if you can withdraw from your investors accounts in Bitfunder. Seems like that could be a gaping security issue. I would think the most logical way to fix, is leave it and adjust your next weeks payment to account for this weeks overpayment. Cheers
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who | grep -i blonde | date; cd ~; unzip; touch; finger; bjobs; uptime; strip;. grab; mount; yes; umount; sleep; brun; Donations: 18ByQvDUmaMKkQbYvUWmnPSu9BWeNxVMoc
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mmmerlin
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August 24, 2013, 04:12:05 PM |
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I just got dividends twice at ฿0.00083112 for a total of ฿0.00166224
Was it a mistake? So no dividends next week?
I received same. Guessing it's a mistake. Smells like a mis-click to me. My estimates were for a tiny bit more than the one payment we got, but nowhere near double. We shall wait for clarification for the powers that be though... How does it work if it was a mistake? Does the excess get removed from our accounts automatically? I doubt (and hope) that's not possible. I imagine it will be deducted from next week's payouts, though this will obviously cause problems for people planning on buy/selling shares in the meantime. If there were no sales there would be no problem, but as we're back in open-market mode then this could be a bit of a whoopsie. As I was saying, wait for the powers that be to decide how to handle it. Worst case scenario (for him) is he just takes it on the chin at a cost of ~30 BTC to him/the company in order to avoid the complication of dealing with the shares that change hands between now and next week...
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grnbrg
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August 24, 2013, 06:27:40 PM |
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I just got dividends twice at ฿0.00083112 for a total of ฿0.00166224
Was it a mistake? So no dividends next week?
(...) I imagine it will be deducted from next week's payouts, though this will obviously cause problems for people planning on buy/selling shares in the meantime. If there were no sales there would be no problem, but as we're back in open-market mode then this could be a bit of a whoopsie. As I was saying, wait for the powers that be to decide how to handle it. Worst case scenario (for him) is he just takes it on the chin at a cost of ~30 BTC to him/the company in order to avoid the complication of dealing with the shares that change hands between now and next week... Just to confirm: The double dividend payment was in error. I'm I do not know at this point how (or if) it will be resolved. I will update as I know more. grnbrg.
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BKM
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August 25, 2013, 06:18:37 AM |
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This weeks dividend (not including the extra payment) equates to an annualized rate of return of roughly 27% based on a BTC0.16 per share investment - and we are just getting started! AFAIK the capital raised to date has not been fully committed. All early adopters must be pretty happy.
No doubt we will get a good update from LR now that he is back from his roadtrip!
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mmmerlin
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August 25, 2013, 12:05:30 PM |
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This weeks dividend (not including the extra payment) equates to an annualized rate of return of roughly 27% based on a BTC0.16 per share investment - and we are just getting started! AFAIK the capital raised to date has not been fully committed. All early adopters must be pretty happy.
No doubt we will get a good update from LR now that he is back from his roadtrip!
This is correct, but you need to halve that figure as it was paid double in error (see above). You can expect rates like the ones you said pretty soon though...
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tom.hashemi
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August 25, 2013, 12:15:34 PM |
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This weeks dividend (not including the extra payment) equates to an annualized rate of return of roughly 27% based on a BTC0.16 per share investment - and we are just getting started! AFAIK the capital raised to date has not been fully committed. All early adopters must be pretty happy.
No doubt we will get a good update from LR now that he is back from his roadtrip!
This is correct, but you need to halve that figure as it was paid double in error (see above). You can expect rates like the ones you said pretty soon though... Or we can hope for double dividends every week
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pixl8tr
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August 25, 2013, 01:11:20 PM |
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This weeks dividend (not including the extra payment) equates to an annualized rate of return of roughly 27% based on a BTC0.16 per share investment - and we are just getting started! AFAIK the capital raised to date has not been fully committed. All early adopters must be pretty happy.
No doubt we will get a good update from LR now that he is back from his roadtrip!
This is correct, but you need to halve that figure as it was paid double in error (see above). You can expect rates like the ones you said pretty soon though... As you even quoted, he said NOT INCLUDING THE EXTRA PAYMENT.
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who | grep -i blonde | date; cd ~; unzip; touch; finger; bjobs; uptime; strip;. grab; mount; yes; umount; sleep; brun; Donations: 18ByQvDUmaMKkQbYvUWmnPSu9BWeNxVMoc
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mmmerlin
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August 25, 2013, 01:17:40 PM |
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This weeks dividend (not including the extra payment) equates to an annualized rate of return of roughly 27% based on a BTC0.16 per share investment - and we are just getting started! AFAIK the capital raised to date has not been fully committed. All early adopters must be pretty happy.
No doubt we will get a good update from LR now that he is back from his roadtrip!
This is correct, but you need to halve that figure as it was paid double in error (see above). You can expect rates like the ones you said pretty soon though... As you even quoted, he said NOT INCLUDING THE EXTRA PAYMENT. Haha, you're quite right, apologies. I actually only looked the numbers that were written, not the words. Someone else I was speaking to had done the maths (incorrectly) and got a number exactly half of that, so I assumed he had used the double payment to get the figure doubled. He didn't, and was quite right, and I should have a) read what he'd written properly, and b) done the maths myself rather than trusting someone else's calculations... Apologies again, and that is good news indeed!
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pixl8tr
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August 25, 2013, 01:19:49 PM |
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Haha No need to apologize, I was just giving you some friendly ribbing. ;-)
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who | grep -i blonde | date; cd ~; unzip; touch; finger; bjobs; uptime; strip;. grab; mount; yes; umount; sleep; brun; Donations: 18ByQvDUmaMKkQbYvUWmnPSu9BWeNxVMoc
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mmmerlin
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August 25, 2013, 02:05:47 PM |
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Haha No need to apologize, I was just giving you some friendly ribbing. ;-)
No, it was good have it pointed out, thanks! It means the returns were in fact twice what I thought! I will pass the correction on to the person who gave me to faulty calculation
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mmmerlin
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August 25, 2013, 05:10:00 PM Last edit: August 25, 2013, 05:45:13 PM by mmmerlin |
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A very interesting incremental pricing structure has just appeared on BitFunder. I wonder who is responsible for it... I'm pretty sure it's not LR himself, and given the number of shares that make up those sell orders there are only two people with enough shares to do that... Also, does anyone know why BitFunder doesn't have cumulative depth graphs like virtually all other sites by the way? They are a lot more useful than non-cumulative ones
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mmmerlin
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August 25, 2013, 05:22:22 PM |
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A very interesting incremental pricing structure has just appeared on BitFunder. I wonder who is responsible for it... I'm pretty sure it's not LR himself, and given the number of shares that make up those sell orders there are only two people with enough shares to do that... Does anyone know why BitFunder doesn't have cumulative depth graphs like virtually all other sites by the way? They are a lot more useful than non-cumulative ones FWIW I think I quite like it. It seems to provide some stability on a market that otherwise doesn't have a lot of order volume on either the buy or sell side, which makes valuation and predictability difficult. Anyone have any thoughts?
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