Bitcoin Forum
December 14, 2017, 07:04:30 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 [672] 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 ... 914 »
  Print  
Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1058520 times)
wickedgoodtrader
Full Member
***
Offline Offline

Activity: 218


View Profile
September 22, 2013, 04:46:07 PM
 #13421


Not that he will reach 50TH. Is there an online bet on this somewhere?

Why do you need an online bet?  Just buy some of the put options for sale.  If they fail to increase their hashrate significantly in the next six days, which you clearly think won't happen, they should pay off.  There's a 6 day option for 0.00023 that would be profitable if it drops below 0.00076 and would more then double your money if it dropped to 0.0005.

There are also options available that would payout if the price dropped below 0.001165, but the payout ratio isn't that great, so you won't make as much profit if it dropped further below that.

Either way, if you want to put your money where your mouth is, you can certainly do it right on btct.co

The put options are soooooooo ridiculously overpriced, otherwise I would load up on them. There's no telling how long you idiots will hold, so trying to predict the coming crash within a 4-7 day window is not a good bet.
1513278270
Hero Member
*
Offline Offline

Posts: 1513278270

View Profile Personal Message (Offline)

Ignore
1513278270
Reply with quote  #2

1513278270
Report to moderator
1513278270
Hero Member
*
Offline Offline

Posts: 1513278270

View Profile Personal Message (Offline)

Ignore
1513278270
Reply with quote  #2

1513278270
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513278270
Hero Member
*
Offline Offline

Posts: 1513278270

View Profile Personal Message (Offline)

Ignore
1513278270
Reply with quote  #2

1513278270
Report to moderator
1513278270
Hero Member
*
Offline Offline

Posts: 1513278270

View Profile Personal Message (Offline)

Ignore
1513278270
Reply with quote  #2

1513278270
Report to moderator
1513278270
Hero Member
*
Offline Offline

Posts: 1513278270

View Profile Personal Message (Offline)

Ignore
1513278270
Reply with quote  #2

1513278270
Report to moderator
wickedgoodtrader
Full Member
***
Offline Offline

Activity: 218


View Profile
September 22, 2013, 04:50:28 PM
 #13422

Also, shouldn't the hash rate be going up constantly if they planned on having 10th soon? If you have a working chips and figured out what you need to do, there's no reason the hash rate shouldn't be rising everyday.

Well I guess if you just bought someone elses machine, it would stay the same like it has until you could get more.
redbeans2012
Hero Member
*****
Offline Offline

Activity: 888


View Profile
September 22, 2013, 05:01:05 PM
 #13423

Well it looks like that address is getting ~0.11BTC every hour, which is equal to around 600GH/s. That's if they're mining.

Well 600GH/s is better than nothing but it's definitely not 2TH/s or 4TH/s.

They are getting threshold payouts.  They don't indicate the actual rate
Ytterbium
Full Member
***
Offline Offline

Activity: 238



View Profile WWW
September 22, 2013, 05:05:30 PM
 #13424

wont take long before labcoin shows BTC address and that they are still holding shares...

https://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm

that's the address.

I was referring to "WARNING -- This asset has been flagged for potential violation of their Stockholder Agreement. Please place your orders accordingly."

I wasn't able to trade unless I provided a BTC address and that does not mean labcoin members cant sell shares but they did say they wouldn't till 1 year, so far too much FUD.

But transparency is what is needed for Labcoin to be a success

They said they wouldn't sell more then 25% of the 30% of the shares they owned.  So in other words they promised to hold 30*0.75 = 22.5% of the shares.

Amazingly, burnside didn't realize this when he wrote his warning and post, and thought they were supposed to hold 30%, and not sell any at all (only make money through dividends) Even though the news about not selling 75% of their shares was posted as a news item on BTCT.co.

VolanicEruptor
Sr. Member
****
Offline Offline

Activity: 392



View Profile
September 22, 2013, 05:10:22 PM
 #13425


we need that btcguild announcement on btct news.. there is so much noise in this thread that some people are still unaware of it

Ytterbium
Full Member
***
Offline Offline

Activity: 238



View Profile WWW
September 22, 2013, 05:10:46 PM
 #13426

Also, shouldn't the hash rate be going up constantly if they planned on having 10th soon? If you have a working chips and figured out what you need to do, there's no reason the hash rate shouldn't be rising everyday.

Well I guess if you just bought someone elses machine, it would stay the same like it has until you could get more.

They went from 400 to 800 in about a day. It's also like 1AM in HK

Ytterbium
Full Member
***
Offline Offline

Activity: 238



View Profile WWW
September 22, 2013, 05:14:50 PM
 #13427

Just now in IRC: (adjusted timestamps to UTC)

Quote
[05:03] <StalkBot> User TheSwede75 has just come *** ONLINE *** at bitcointalk.org
...
[05:13] <StalkBot> User Labcoin has just come *** ONLINE *** at bitcointalk.org


Bitcycle
Sr. Member
****
Offline Offline

Activity: 420


View Profile
September 22, 2013, 05:15:18 PM
 #13428

Also, shouldn't the hash rate be going up constantly if they planned on having 10th soon? If you have a working chips and figured out what you need to do, there's no reason the hash rate shouldn't be rising everyday.

Well I guess if you just bought someone elses machine, it would stay the same like it has until you could get more.

They went from 400 to 800 in about a day. It's also like 1AM in HK

Not to mention it was Sunday. During a typhoon.

Now if it's not higher by Tuesday there, I'm worried.
Pale Phoenix
Sr. Member
****
Offline Offline

Activity: 420



View Profile
September 22, 2013, 05:27:24 PM
 #13429


we need that btcguild announcement on btct news.. there is so much noise in this thread that some people are still unaware of it

Looks like this was just done.

EDIT: But the language is imprecise. I can't imagine why the first clause of the first sentence was included:

Quote
The launch of the mining operation has been delayed and the team is still tweaking miners we now have around 800gh hashing at btcguild at:
http://www.btcguild.com/index.php?page=rankings&section=teams

The Labcoin team is currently listed as 23 Labcoin.

More hash rate will be deployed daily.

ShroomsKit
Hero Member
*****
Offline Offline

Activity: 672



View Profile
September 22, 2013, 05:29:29 PM
 #13430

Labcoin, when you said something like "it's in our best interest to make sure the share price goes up" was that a lie?
Because it seems you are doing everything you can to make sure the price goes down.
You are hashing and the price isn't even near where it was before you started hashing.
You know why? Because you act like a totally clueless amateur.
The price should actually be higher than it was before not lower.
You could've easily prevented this with a few words. A few explanations, a few pictures. But it looks like you don't give a shit whatsoever.
So let me ask that again. Is the above statement a lie? If not then why do you behave like this?

Its price is not a very relevant factor in its adoption....
VolanicEruptor
Sr. Member
****
Offline Offline

Activity: 392



View Profile
September 22, 2013, 05:31:48 PM
 #13431


we need that btcguild announcement on btct news.. there is so much noise in this thread that some people are still unaware of it

Looks like this was just done.

nice.  I do agree with a recent post, calling it team "23 Labcoin" sounds ridiculous.. the 23 isn't part of the name, its the ranking

Bitcycle
Sr. Member
****
Offline Offline

Activity: 420


View Profile
September 22, 2013, 05:35:24 PM
 #13432


we need that btcguild announcement on btct news.. there is so much noise in this thread that some people are still unaware of it

Looks like this was just done.

nice.  I do agree with a recent post, calling it team "23 Labcoin" sounds ridiculous.. the 23 isn't part of the name, its the ranking

The whole thing is poorly written, but at least it includes a link to the ranking page so people can see for themselves.
drawingthesun
Legendary
*
Offline Offline

Activity: 1078


View Profile
September 22, 2013, 05:36:11 PM
 #13433

The whole thing is poorly written, but at least it includes a link to the ranking page so people can see for themselves.

Lets just hope they don't fall off the top 25 teams.
Pale Phoenix
Sr. Member
****
Offline Offline

Activity: 420



View Profile
September 22, 2013, 05:41:53 PM
 #13434

nice.  I do agree with a recent post, calling it team "23 Labcoin" sounds ridiculous.. the 23 isn't part of the name, its the ranking

Agreed, as it just introduces another source of confusion if they slip from that spot. Also, as I mentioned above in an edit to my post, the first sentence is poorly constructed and contradictory.

They really do need someone with communications experience to edit their announcements for clarity.

VolanicEruptor
Sr. Member
****
Offline Offline

Activity: 392



View Profile
September 22, 2013, 05:46:57 PM
 #13435

nice.  I do agree with a recent post, calling it team "23 Labcoin" sounds ridiculous.. the 23 isn't part of the name, its the ranking

Agreed, as it just introduces another source of confusion if they slip from that spot. Also, as I mentioned above in an edit to my post, the first sentence is poorly constructed and contradictory.

They really do need someone with communications experience to edit their announcements for clarity.

Is there no way to track the team if they slip off the list?  If not then BTCguild needs to implement this.. like now.  lol

weaknesswaran
Hero Member
*****
Offline Offline

Activity: 650


View Profile
September 22, 2013, 05:47:09 PM
 #13436

nice.  I do agree with a recent post, calling it team "23 Labcoin" sounds ridiculous.. the 23 isn't part of the name, its the ranking

Agreed, as it just introduces another source of confusion if they slip from that spot. Also, as I mentioned above in an edit to my post, the first sentence is poorly constructed and contradictory.

They really do need someone with communications experience to edit their announcements for clarity.

That´s marketing.

Labcoin would be traded 0.005+ with proper marketing.
VolanicEruptor
Sr. Member
****
Offline Offline

Activity: 392



View Profile
September 22, 2013, 05:48:41 PM
 #13437

BTW if anyone wants to make the share price fall below .002 again, just start a couple new teams with combined hash power from all the FUDsters and throw labcoin off the rank list.  Buy up shares, rinse, repeat..  

Mabsark
Legendary
*
Offline Offline

Activity: 826


View Profile
September 22, 2013, 05:59:26 PM
 #13438

The whole thing is poorly written, but at least it includes a link to the ranking page so people can see for themselves.

Lets just hope they don't fall off the top 25 teams.

That would be face-palmingly unfortunate.
abuelau
Hero Member
*****
Offline Offline

Activity: 686


www.coinschedule.com


View Profile
September 22, 2013, 06:00:02 PM
 #13439

BTW if anyone wants to make the share price fall below .002 again, just start a couple new teams with combined hash power from all the FUDsters and throw labcoin off the rank list.  Buy up shares, rinse, repeat..  

Don't give these kids any ideas!

Know what's happening in cryptoworld: www.coinschedule.com
Bitcycle
Sr. Member
****
Offline Offline

Activity: 420


View Profile
September 22, 2013, 06:03:09 PM
 #13440

BTW if anyone wants to make the share price fall below .002 again, just start a couple new teams with combined hash power from all the FUDsters and throw labcoin off the rank list.  Buy up shares, rinse, repeat..  

I'm not sure the 486's of all the FUDsters could make the list.
Pages: « 1 ... 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 [672] 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 ... 914 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!