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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042119 times)
runam0k
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September 25, 2013, 03:07:31 PM
 #14341

It's obvious that a broken promise is not priced in the current market value, as it's severely overvalued (and market price is decreasing).
So despite Labcoins dreadful performance so far - and all the broken promises - the market is convinced Labcoin will hit 20TH in two weeks? BS. Besides, if that were true the price would be much higher in anticipation.

The broken promise is priced in (seriously, does anyone expect Labcoin to to hit 20TH in two weeks?). The price remains high, however, because the market is essentially giving Labcoin several weeks more - months even - to really start performing.
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lzr1900
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September 25, 2013, 03:13:05 PM
 #14342

Theswede75 is online!!! show us another bullshit plz!..
KSGuy
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September 25, 2013, 03:13:44 PM
 #14343

It's obvious that a broken promise is not priced in the current market value, as it's severely overvalued (and market price is decreasing).
So despite Labcoins dreadful performance so far - and all the broken promises - the market is convinced Labcoin will hit 20TH in two weeks? BS. Besides, if that were true the price would be much higher in anticipation.

The broken promise is priced in (seriously, does anyone expect Labcoin to to hit 20TH in two weeks?). The price remains high, however, because the market is essentially giving Labcoin several weeks more - months even - to really start performing.
I'd be happy with 5TH in 2 weeks to be honest..
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September 25, 2013, 03:17:29 PM
 #14344

It's obvious that a broken promise is not priced in the current market value, as it's severely overvalued (and market price is decreasing).
So despite Labcoins dreadful performance so far - and all the broken promises - the market is convinced Labcoin will hit 20TH in two weeks? BS. Besides, if that were true the price would be much higher in anticipation.

The broken promise is priced in (seriously, does anyone expect Labcoin to to hit 20TH in two weeks?). The price remains high, however, because the market is essentially giving Labcoin several weeks more - months even - to really start performing.
I'd be happy with 5TH in 2 weeks to be honest..

Im afraid they will need more than 5TH to keep up with the difficulty spike coming
San1ty
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September 25, 2013, 03:45:51 PM
 #14345

+1 for Bitfunder. Interface is great and everything works the way it should. Weexchange is definitely weird but it does work, I've never had problems moving bitcoins through them. Coins show up in about 20 minutes and it's free. Does anyone know why they use that service at all? Why can't they just accept and release bitcoins directly?



Because bitfunder is trash, why everyone isn't moving to Havelock is beyond me. If Labcoin really moves to bitfunder, I'm out.

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TsuyokuNaritai
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September 25, 2013, 03:48:10 PM
 #14346

+1 for Bitfunder. Interface is great and everything works the way it should. Weexchange is definitely weird but it does work, I've never had problems moving bitcoins through them. Coins show up in about 20 minutes and it's free. Does anyone know why they use that service at all? Why can't they just accept and release bitcoins directly?

Because bitfunder is trash, why everyone isn't moving to Havelock is beyond me. If Labcoin really moves to bitfunder, I'm out.
There's already a pass-through on Havelock for anyone who prefers that.

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September 25, 2013, 04:00:51 PM
 #14347

Does anyone know at what time (UTC preferred) the difficulty changed? The last 6 transactions to LC address would suggest an average of 961 GH/s. But that's with the new difficulty.
moribana
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September 25, 2013, 04:04:36 PM
 #14348

+1 for Bitfunder. Interface is great and everything works the way it should. Weexchange is definitely weird but it does work, I've never had problems moving bitcoins through them. Coins show up in about 20 minutes and it's free. Does anyone know why they use that service at all? Why can't they just accept and release bitcoins directly?

Because bitfunder is trash, why everyone isn't moving to Havelock is beyond me. If Labcoin really moves to bitfunder, I'm out.
There's already a pass-through on Havelock for anyone who prefers that.

With 90 btc total market capitalization, not much liquidity and currently frozen anyway...
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September 25, 2013, 04:05:25 PM
 #14349

Does anyone know at what time (UTC preferred) the difficulty changed? The last 6 transactions to LC address would suggest an average of 961 GH/s. But that's with the new difficulty.

Its due to how PPLNS works most likely, plus the time it takes for a new block to be confirmed. They are now getting paid for shifts they completed before the change.
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September 25, 2013, 04:06:57 PM
 #14350

Does anyone know at what time (UTC preferred) the difficulty changed? The last 6 transactions to LC address would suggest an average of 961 GH/s. But that's with the new difficulty.

Its due to how PPLNS works most likely, plus the time it takes for a new block to be confirmed. They are now getting paid for shifts they completed before the change.

True. I hadn't thought of that.  Roll Eyes
velacreations
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September 25, 2013, 04:08:24 PM
 #14351

Besides, if that were true the price would be much higher in anticipation.
look at the chart on the front page of this thread.  Fair market value is .002 for 1% of the network.  So, no, it wouldn't be much higher, unless you expect the market to overvalue this security.

TsuyokuNaritai
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September 25, 2013, 04:27:37 PM
 #14352

+1 for Bitfunder. Interface is great and everything works the way it should. Weexchange is definitely weird but it does work, I've never had problems moving bitcoins through them. Coins show up in about 20 minutes and it's free. Does anyone know why they use that service at all? Why can't they just accept and release bitcoins directly?
Because bitfunder is trash, why everyone isn't moving to Havelock is beyond me. If Labcoin really moves to bitfunder, I'm out.
There's already a pass-through on Havelock for anyone who prefers that.
With 90 btc total market capitalization, not much liquidity and currently frozen anyway...
...which is another excellent argument in favor of bitfunder. Smiley

runam0k
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September 25, 2013, 04:46:55 PM
 #14353

Besides, if that were true the price would be much higher in anticipation.
look at the chart on the front page of this thread.  Fair market value is .002 for 1% of the network.  So, no, it wouldn't be much higher, unless you expect the market to overvalue this security.
I was hinting that if, as you suggest, the market firmly believes Labcoin will hit 20TH in two weeks, surely the market also firmly believes hundreds more TH will follow... and price accordingly.
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September 25, 2013, 06:19:15 PM
 #14354

0.20678542 BTC   previous was 0.18450773 BTC .
Could this finally be the promised daily upgrade ?
ltiv
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September 25, 2013, 06:33:43 PM
 #14355

0.20678542 BTC   previous was 0.18450773 BTC .
Could this finally be the promised daily upgrade ?
If it is, then my speculations are right. They're definitely hashing their other miners under a different team name though speculations are speculations. Looking forward to a word from labcoin or TheSwede regarding the current status of their operations.
JimiQ84
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September 25, 2013, 06:35:33 PM
 #14356

0.20678542 BTC   previous was 0.18450773 BTC .
Could this finally be the promised daily upgrade ?
If it is, then my speculations are right. They're definitely hashing their other miners under a different team name though speculations are speculations. Looking forward to a word from labcoin or TheSwede regarding the current status of their operations.

it could be just luck
GreekGeek
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September 25, 2013, 06:43:41 PM
 #14357

0.20678542 BTC   previous was 0.18450773 BTC .
Could this finally be the promised daily upgrade ?
If it is, then my speculations are right. They're definitely hashing their other miners under a different team name though speculations are speculations. Looking forward to a word from labcoin or TheSwede regarding the current status of their operations.

it could be just luck

We will soon know...

retirement fund : 1NBM5DM317RfWsHXKUfPUDtba2scavpPoB
E.Sam
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September 25, 2013, 07:18:51 PM
 #14358

  Cheesy


kleeck
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September 25, 2013, 07:20:38 PM
 #14359

0.20678542 BTC   previous was 0.18450773 BTC .
Could this finally be the promised daily upgrade ?
If it is, then my speculations are right. They're definitely hashing their other miners under a different team name though speculations are speculations. Looking forward to a word from labcoin or TheSwede regarding the current status of their operations.

it could be just luck

We will soon know...

No 15:07 payout.
No 15:17 payout.

Don't worry TheSwede75 and Labcoin. We aren't really curious about what is going on. Please maintain broken promises , sporadic hashing, and, above all, do not communicate with shareholders.

Has one of my posts enriched your life? Has it made you feel warm and fuzzy?Tips here! 1KhmwZTDqNDKxm2Fnj9QgnfHgP6g7paqtc
creativex
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September 25, 2013, 07:30:12 PM
 #14360

Investors in this turd are like battered wives at this point. Just leave. Btcg had a run of great luck leading up to and shortly after the difficulty hike.

Labcoin lied about daily increases of hashing power just as they've lied about nearly everything else. Current market cap is STILL 17k BTC for a mining company with a hashrate of < 800Gh/s and soon to have zero liquidity. To say that it's still grotesquely overvalued is an understatement. R U N  A W A Y

My own mining company(market cap 4344BTC) hashing at just north of 1Th/s on btcg currently has 19 blocks in shifts currently being paid.

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