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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1058520 times)
physalis
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August 19, 2013, 11:14:07 PM
 #2401

That is $1

.01BTC X $100 = $1/share or todays prices
.01BTC X $120 = $1.20/share profit

The stupid dollar price doesn't matter one little bit here. This is a bitcoin stock.
If it makes you happy to think in dollars, yes, right now, 0.01 btc ~= 1$. Good job on that math.
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physalis
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August 19, 2013, 11:17:41 PM
 #2402

Don't care about dividends care about the best value for my money. For $4k I can get KncMiner 200GH here for the same price you get about 70GH. Yet people come and spew bullshit out of their mouths, pretending like LabCoin is so much cheaper. Knc is $20/gh while LabCoin is $2/GH. Scroll up a few more posts where you'll see a person tell me I can get 2TH for $4,000.

People don't even know what the fuck they are buying and TheSwede won't clarify anything to his potential and current investors, they want people to be confused, so when they don't ROI in over 10 years, it will be too late.
Nobody is "spewing bullshit out of their mouths", you simply don't understand that you're not buying a damn miner here, you're buying shares in a company.
Just go and buy yourself a KnC if it's really just too far above your head to understand.
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August 19, 2013, 11:18:58 PM
 #2403


Johny if you don't like the numbers than just move on to KNC or something. No one is forcing you to spend $4k on it and I don't think anyone wants to convince you to either. Its your money, do whatever you want it.

If you want my opinion, I think its better to compare Labcoin to Asicminer. They will pay dividends from both mining and hardware sales. I still think labcoin is a good buy but no one knows for sure. There is always uncertainty. If you want something that is a sure thing buy asicminer. They pay dividends every Wednesday.

Don't care about dividends care about the best value for my money. For $4k I can get KncMiner 200GH here for the same price you get about 70GH. Yet people come and spew bullshit out of their mouths, pretending like LabCoin is so much cheaper. Knc is $20/gh while LabCoin is $2/GH. Scroll up a few more posts where you'll see a person tell me I can get 2TH for $4,000.

People don't even know what the fuck they are buying and TheSwede won't clarify anything to his potential and current investors, they want people to be confused, so when they don't ROI in over 10 years, it will be too late.

I already made my ROI on share prices alone. I think it will spike again once they start dividends and one more time when they have 50GH online. Even if it fails I'm ok with it because I'm willing to lose any money I put into BTC. I'm not quitting my day job any time soon.
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August 19, 2013, 11:25:24 PM
 #2404

https://bitcointalk.org/index.php?topic=241033.0

Dear Bitcoin Community,






Since clicking is so hard. Those numbers above at 10% equate to $1/share profit, without Sales!!!

Clicking is not difficult, trying to figure out what the hell you are talking about is though. Those tables were not even produced my a member of the Labcoin team.

The only value in that table which is actually factual is the value for "Bitcoins Per Block". Everything else in the first table is based on time, which is variable and based on luck. It seems wrong to me to measure bitcoin against time because of that and far more logical to use bitcoin per blocks. With 1 round being equal to 2016 blocks, bitcoin per round is a far better choice than bitcoin/day, bitcoin/week or bitcoin/year.



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August 19, 2013, 11:32:01 PM
 #2405

I'm sorry current BTC price they equate to $1.20/share without hardware sales, with hardware sales I guess $2-3/share dividends which seems like utter bullshit.

I guess you missed the part where it says "Dividend Per Share Per Year". That works out to 0.00019231 BTC per week. Why does that seem like utter bullshit?

I guess you also missed the fact that those numbers are not official and are just one persons guess.
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August 19, 2013, 11:34:31 PM
 #2406

Secondly, it's a horrible investment, you break even in 1 year if they maintain 2%.
I mean in the real world it's still 100% ror, so it's great, but for the Bitcoin world it's pretty bad
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August 19, 2013, 11:35:24 PM
 #2407

I'm sorry current BTC price they equate to $1.20/share without hardware sales, with hardware sales I guess $2-3/share dividends which seems like utter bullshit.

I guess you missed the part where it says "Dividend Per Share Per Year". That works out to 0.00019231 BTC per week. Why does that seem like utter bullshit?

I guess you also missed the fact that those numbers are not official and are just one persons guess.

Yes still works out to $1/Share per year, wtf are you even trying to argue? It seems like Utter bullshit because the rate of return is insanely high. For my 4K invested I will get $20K net profit, and that's without hardware sales, add hardware sales and double that to $2/share.

That means I will make 10X my initial investment and rack in $40,000 this is all at 10% of course.
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August 19, 2013, 11:43:38 PM
 #2408

I'm sorry current BTC price they equate to $1.20/share without hardware sales, with hardware sales I guess $2-3/share dividends which seems like utter bullshit.

I guess you missed the part where it says "Dividend Per Share Per Year". That works out to 0.00019231 BTC per week. Why does that seem like utter bullshit?

I guess you also missed the fact that those numbers are not official and are just one persons guess.

Yes still works out to $1/Share per year, wtf are you even trying to argue? It seems like Utter bullshit because the rate of return is insanely high. For my 4K invested I will get $20K net profit, and that's without hardware sales, add hardware sales and double that to $2/share.

That means I will make 10X my initial investment and rack in $40,000 this is all at 10% of course.

You are comparing buying a miner to buying a shares in a company that will be selling miners chips,  and also mining.   Kinda ridiculous.
Bitcycle
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August 19, 2013, 11:44:32 PM
 #2409

I'm sorry current BTC price they equate to $1.20/share without hardware sales, with hardware sales I guess $2-3/share dividends which seems like utter bullshit.

I guess you missed the part where it says "Dividend Per Share Per Year". That works out to 0.00019231 BTC per week. Why does that seem like utter bullshit?

I guess you also missed the fact that those numbers are not official and are just one persons guess.

Yes still works out to $1/Share per year, wtf are you even trying to argue? It seems like Utter bullshit because the rate of return is insanely high. For my 4K invested I will get $20K net profit, and that's without hardware sales, add hardware sales and double that to $2/share.

That means I will make 10X my initial investment and rack in $40,000 this is all at 10% of course.

You might make money on an investment?

Weird.
boyohi
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August 19, 2013, 11:47:39 PM
 #2410

I'm sorry current BTC price they equate to $1.20/share without hardware sales, with hardware sales I guess $2-3/share dividends which seems like utter bullshit.

I guess you missed the part where it says "Dividend Per Share Per Year". That works out to 0.00019231 BTC per week. Why does that seem like utter bullshit?

I guess you also missed the fact that those numbers are not official and are just one persons guess.

Yes still works out to $1/Share per year, wtf are you even trying to argue? It seems like Utter bullshit because the rate of return is insanely high. For my 4K invested I will get $20K net profit, and that's without hardware sales, add hardware sales and double that to $2/share.

That means I will make 10X my initial investment and rack in $40,000 this is all at 10% of course.

Asicminer IPO was 0.1BTC at a time when BTC was $20~/1BTC. If you buy $10k worth of shares at those prices you'll end up with 5k shares. You'd be a millionaire right now.
BitCsByBit
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August 19, 2013, 11:49:22 PM
 #2411

Secondly, it's a horrible investment, you break even in 1 year if they maintain 2%.
I mean in the real world it's still 100% ror, so it's great, but for the Bitcoin world it's pretty bad

If you buy a share for 0.002 and the share price doesn't change,  you would break even. Any share price rises and dividends are just a bonus.  Right?

Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
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August 19, 2013, 11:51:28 PM
 #2412

Now how much hashpower does 1 share equal? In the beginning and in their future goals?

There are 10,000,000 shares. When they bring 50TH online and spread 70% of mining income then its 50 * 0.7 = 35TH. 35 / 10,000,000 = 0.0000035TH per share or 3.5MH per share.
Vagely correct?

IDK so what is that 7TH per say 20,000 shares?

It cant possibly be 7TH since there are only 50TH in total and 10,000,000 shares. 20K shares would be around 70GH, thats 0.07TH. Of course, if they do it right and reinvest that should rise.

I wonder if they took everything into account. The big amount of power needed. Are the miners ready to create and so on.

So if it's 70GH how does anyone say this is cheap? for $4K you can get 200GH from KNC.

And in 6 Months your KNC is worthless. You maybe made your investment back, maybe you got 20%+ at the end. Thats it. 20%+
If a Asic Provider is mining then that means you have a share, the share has a price which is mostly relatively stable and the hashrate is constantly being updated so that, for example, a steady 10 or 20% of the network hashrate is reached.
So at the end you have dividends that are constantly flowing and you have shares that still have their value.

Think about whats better.

It only makes sense when they can bring up hashing power cheaper than endusers and when they constantly grow.
physalis
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August 19, 2013, 11:51:39 PM
 #2413

Yes still works out to $1/Share per year, wtf are you even trying to argue? It seems like Utter bullshit because the rate of return is insanely high. For my 4K invested I will get $20K net profit, and that's without hardware sales, add hardware sales and double that to $2/share.

That means I will make 10X my initial investment and rack in $40,000 this is all at 10% of course.

OK I'm completely confused now. Are you saying that "it's too good to be true" or is making 10x your investment somehow not good enough for you?
Pale Phoenix
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August 19, 2013, 11:52:58 PM
 #2414

Yes still works out to $1/Share per year, wtf are you even trying to argue? It seems like Utter bullshit because the rate of return is insanely high. For my 4K invested I will get $20K net profit, and that's without hardware sales, add hardware sales and double that to $2/share.

That means I will make 10X my initial investment and rack in $40,000 this is all at 10% of course.

You continue to compare apples to oranges, and seem to be arguing with yourself.

In one post you say it's a horrible investment at 100% annual return, while less than 1 minute later you say it is utter bullshit to imagine you might make 10x if they can hold a larger percentage of the network. Neither of those scenarios are impossible.

What exactly is it that you're after?


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August 19, 2013, 11:53:06 PM
 #2415

I'm sorry current BTC price they equate to $1.20/share without hardware sales, with hardware sales I guess $2-3/share dividends which seems like utter bullshit.

I guess you missed the part where it says "Dividend Per Share Per Year". That works out to 0.00019231 BTC per week. Why does that seem like utter bullshit?

I guess you also missed the fact that those numbers are not official and are just one persons guess.

Yes still works out to $1/Share per year, wtf are you even trying to argue? It seems like Utter bullshit because the rate of return is insanely high. For my 4K invested I will get $20K net profit, and that's without hardware sales, add hardware sales and double that to $2/share.

That means I will make 10X my initial investment and rack in $40,000 this is all at 10% of course.

I'm saying that those numbers don't seem like bullshit to me based on the data used. Yes, Labcoin is going to be insanely profitable, why do you think the IPO sold out before it even started?

Feel free to ignore the maths and go with your gut feeling though.
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August 19, 2013, 11:54:29 PM
 #2416

Sorry to ask but i didnt find the info.

Are the miners already designed so that the chips could be attached, maybe finetuning on hard- and software and mining away?

What about hosting? Everything prepared? Power Supply for such Wattage is enough?

Sorry if it was spoken about already.
JohnyBigs
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August 20, 2013, 12:07:42 AM
 #2417

Yes still works out to $1/Share per year, wtf are you even trying to argue? It seems like Utter bullshit because the rate of return is insanely high. For my 4K invested I will get $20K net profit, and that's without hardware sales, add hardware sales and double that to $2/share.

That means I will make 10X my initial investment and rack in $40,000 this is all at 10% of course.

OK I'm completely confused now. Are you saying that "it's too good to be true" or is making 10x your investment somehow not good enough for you?

too good to be true, unless LABCoin does not stand behind those numbers.
JohnyBigs
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August 20, 2013, 12:08:34 AM
 #2418

I'm sorry current BTC price they equate to $1.20/share without hardware sales, with hardware sales I guess $2-3/share dividends which seems like utter bullshit.

I guess you missed the part where it says "Dividend Per Share Per Year". That works out to 0.00019231 BTC per week. Why does that seem like utter bullshit?

I guess you also missed the fact that those numbers are not official and are just one persons guess.

Yes still works out to $1/Share per year, wtf are you even trying to argue? It seems like Utter bullshit because the rate of return is insanely high. For my 4K invested I will get $20K net profit, and that's without hardware sales, add hardware sales and double that to $2/share.

That means I will make 10X my initial investment and rack in $40,000 this is all at 10% of course.

I'm saying that those numbers don't seem like bullshit to me based on the data used. Yes, Labcoin is going to be insanely profitable, why do you think the IPO sold out before it even started?

Feel free to ignore the maths and go with your gut feeling though.

Without share appreciation, your saying LABCOIN will make 10X ROR per share bought? lol
Luckybit
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August 20, 2013, 12:08:40 AM
 #2419

I'm sorry current BTC price they equate to $1.20/share without hardware sales, with hardware sales I guess $2-3/share dividends which seems like utter bullshit.

I guess you missed the part where it says "Dividend Per Share Per Year". That works out to 0.00019231 BTC per week. Why does that seem like utter bullshit?

I guess you also missed the fact that those numbers are not official and are just one persons guess.

Yes still works out to $1/Share per year, wtf are you even trying to argue? It seems like Utter bullshit because the rate of return is insanely high. For my 4K invested I will get $20K net profit, and that's without hardware sales, add hardware sales and double that to $2/share.

That means I will make 10X my initial investment and rack in $40,000 this is all at 10% of course.

You act like $1 per share per year is bad? You buy 100,000 shares and it becomes $100,000 in a year and you're saying it's a bad investment?
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August 20, 2013, 12:11:37 AM
 #2420

I just find it amazing how everyone is calculating the possible dividends with their magic ball.
Except... they all seem to forget it's not a mining bond. And besides that, we don't know what the retail price will be when the units are actually for sale

So please do continue jerking off to possible profits, i find it quite amusing =D



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