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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042209 times)
damiano
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September 23, 2013, 03:54:30 PM
 #13841

Anyone notice the last 2 payouts for the Labcoin address have been a bit larger than the usual .1BTC  Possible more devices have been deployed and btcguild hasnt been updated with correct hashing speed?
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JohnyBigs
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September 23, 2013, 03:55:54 PM
 #13842

Can we still deposit more btc into btct?
Ytterbium
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September 23, 2013, 03:56:16 PM
 #13843

Well even if they decide to move to bitfunder they still need to go to direct shares first, not everyone want to be on bitfunder or have account there and some are just not going to be responsive quick enough for this to happened. So the direct shares will be the first step

Direct shares are a management headache.  You really want labcoin to deal with however many shareholders, potentially some with just a handful of shares? They're not exactly the most responsive.

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September 23, 2013, 03:57:06 PM
 #13844

Anyone notice the last 2 payouts for the Labcoin address have been a bit larger than the usual .1BTC  Possible more devices have been deployed and btcguild hasnt been updated with correct hashing speed?

They are working with batches so yes, theh could be hashing right now just have not merged it to the labcoin team, whicb is exactly what they said
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September 23, 2013, 03:58:14 PM
 #13845

Anyone notice the last 2 payouts for the Labcoin address have been a bit larger than the usual .1BTC  Possible more devices have been deployed and btcguild hasnt been updated with correct hashing speed?

Probably extra accumulated btc. I had a spreadsheet and if you run the numbers it looks like 500Gh/s for some hours followed by 1.2Th/s worth.

But it could be they're using multiple accounts to test with and haven't added the other accounts to the labcoin team yet.

I'll update my spreadsheet and look at the more recent numbers.

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September 23, 2013, 03:59:33 PM
 #13846

Direct shares are a management headache.  You really want labcoin to deal with however many shareholders, potentially some with just a handful of shares? They're not exactly the most responsive.
it's the only way, really.  They need to go BTCT >> Direct >> Bitfunder/Havelock.  Otherwise, you don't know who owns what.  I'm sure a lot of poeple don't have bitfunder accounts, and if they do, the BTC addresses may not line up.

I agree, though, it's not something I would want to trust this team with.  I guess that's why the share price is currently what it is.

wickedgoodtrader
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September 23, 2013, 04:04:38 PM
 #13847

hahaha.. your all gonna get raped
Sou
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September 23, 2013, 04:07:51 PM
 #13848

hahaha.. your all gonna get raped

Jerry Sandusky quote?
JohnyBigs
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September 23, 2013, 04:10:10 PM
 #13849

hahaha.. your all gonna get raped

Moar fud please need to buy cheaper shares .00025 would be good.
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September 23, 2013, 04:11:46 PM
 #13850

last 2 transaction have 0.15 BTC instead of normal 0.1 BTC

one even 0.29072199 BTC

lzr1900
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September 23, 2013, 04:13:34 PM
 #13851

merge to BF will be the best solution.
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September 23, 2013, 04:19:55 PM
 #13852

They just got a transaction. 

9/23/2013 15:07 UTC they got 0.1 BTC
9/23/2013 15:47 UTC they got 0.15 BTC  a manual payout that would include extra, but bring their ballance to zero

Then 9/23/2013 16:17 they got another manual payout  0.29072199 BTC, over a half hour period.   

At 112628549 difficulty, that comes out to 3.2Th/s.


JohnyBigs
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September 23, 2013, 04:20:19 PM
 #13853

This is the first time I think price might take a massive dump again, when the last few days of trading on btct occur again, people will panic about labcoin keeping track of share ownership.
damiano
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September 23, 2013, 04:20:44 PM
 #13854

They just got a transaction. 

9/23/2013 15:07 UTC they got 0.1 BTC
9/23/2013 15:47 UTC they got 0.15 BTC  a manual payout that would include extra, but bring their ballance to zero

Then 9/23/2013 16:17 they got another manual payout  0.29072199 BTC, over a half hour period.   

At 112628549 difficulty, that comes out to 3.2Th/s.



Thanks for crunching the numbers!
boyohi
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September 23, 2013, 04:22:07 PM
 #13855

On a lighter news. Hey guys congratz! We surpass AM post count.
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September 23, 2013, 04:22:57 PM
 #13856

They just got a transaction. 

9/23/2013 15:07 UTC they got 0.1 BTC
9/23/2013 15:47 UTC they got 0.15 BTC  a manual payout that would include extra, but bring their ballance to zero

Then 9/23/2013 16:17 they got another manual payout  0.29072199 BTC, over a half hour period.   

At 112628549 difficulty, that comes out to 3.2Th/s.



9/23/2013 15:07 UTC they got 0.15 BTC

Bitcycle
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September 23, 2013, 04:24:20 PM
 #13857


If they really have 3.2 TH/s online, good luck to those of you waiting for IPO price.
abuelau
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September 23, 2013, 04:25:09 PM
 #13858

They just got a transaction. 

9/23/2013 15:07 UTC they got 0.1 BTC
9/23/2013 15:47 UTC they got 0.15 BTC  a manual payout that would include extra, but bring their ballance to zero

Then 9/23/2013 16:17 they got another manual payout  0.29072199 BTC, over a half hour period.   

At 112628549 difficulty, that comes out to 3.2Th/s.



9/23/2013 15:07 UTC they got 0.15 BTC

Ha? I don't understand this math. How can you differentiate between a manual payout or automatic?

Know what's happening in cryptoworld: www.coinschedule.com
velacreations
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September 23, 2013, 04:25:45 PM
 #13859


If they really have 3.2 TH/s online, good luck to those of you waiting for IPO price.
someone sold for .00025 this morning... Smiley

JohnyBigs
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September 23, 2013, 04:25:53 PM
 #13860


If they really have 3.2 TH/s online, good luck to those of you waiting for IPO price.

Im waiting for .0003 again im sure there will be panic sellers ftw again lol
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