Bitcoin Forum
October 22, 2017, 05:07:04 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   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 ... 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 [139] 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 ... 914 »
  Print  
Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1041844 times)
physalis
Sr. Member
****
Offline Offline

Activity: 392



View Profile
August 21, 2013, 11:37:00 AM
 #2761

Great! Please gimme url and company for 28nm? I need some next week... Wink
Please gimme url for labcoin 130nm chips. I need some next week... Wink

Uhm, yeah, sorry, 1 week is probably not possible.
But PM Swede, he'll arrange it and you'll probably have chips in two weeks.

Funny enough that ActM is waiting for 110nm Avalon chips to deliver, so that Ken chould have some pity hashpower to pay tiny dividend.
Funny enough Labcoin is paying zero dividends because they have no hashpower. The Avalon chips are nothing more than a stepping stone while the 28nm chips are manufactured.

The Avalon chips were nothing but a bad investment, that is all you can call them. ActM, and thus their shareholders, have payed more money on them than they will get out of them.
Calling getting the Avalons a "stepping stone" is really kind of delusional. All that should be important is the development of their own ASICs.
All this business with creating Avalon clones is just wasted time and effort that could go towards getting their real business going.
And you say it like they're doing that on the side "while the 28nm chips are manufactured"... Dude. They are not being manufactured. Have they even started to develop them, at all? I'm seriously asking, because all I could understand was that eASIC is supposed to eventually start developing them, but nothing like that seems to even have started. If I'm wrong, please correct me with some evidence (and with evidence I mean just a post where they say they have started with it, not really hard evidence).
1508648824
Hero Member
*
Offline Offline

Posts: 1508648824

View Profile Personal Message (Offline)

Ignore
1508648824
Reply with quote  #2

1508648824
Report to moderator
1508648824
Hero Member
*
Offline Offline

Posts: 1508648824

View Profile Personal Message (Offline)

Ignore
1508648824
Reply with quote  #2

1508648824
Report to moderator
1508648824
Hero Member
*
Offline Offline

Posts: 1508648824

View Profile Personal Message (Offline)

Ignore
1508648824
Reply with quote  #2

1508648824
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
MaxSan
Sr. Member
****
Offline Offline

Activity: 369


View Profile
August 21, 2013, 11:55:55 AM
 #2762

Anyone who thinks shareholders should get equipment sent to them at wholesale price must be out of their mind.

Its outrageous and would not be supported.

Name *one* other company who would entertain such an idea.
yuansuyi
Member
**
Offline Offline

Activity: 112



View Profile
August 21, 2013, 11:59:14 AM
 #2763

Great! Please gimme url and company for 28nm? I need some next week... Wink
Please gimme url for labcoin 130nm chips. I need some next week... Wink


Funny enough that ActM is waiting for 110nm Avalon chips to deliver, so that Ken chould have some pity hashpower to pay tiny dividend.
Funny enough Labcoin is paying zero dividends because they have no hashpower. The Avalon chips are nothing more than a stepping stone while the 28nm chips are manufactured.
One claimed to produce 28nm chip treat pre ordered 110nm chips as step stone. Treat the pity 500gh hashpower and the tiny mining dividend as  confidence building thing compared to others.

What do I have to say?  Well, WTF is labcoin doing, why not buy some avalon chips and start mining and paying dividend earlier?  I am so disappointed as shareholer.

E.Sam
Sr. Member
****
Offline Offline

Activity: 391



View Profile WWW
August 21, 2013, 11:59:58 AM
 #2764

Well, actually shareholders do get a better deal if they buy from their own company. They will get some money back in the form of divident...  Grin

canth
Legendary
*
Offline Offline

Activity: 1442



View Profile
August 21, 2013, 12:09:17 PM
 #2765

TheSwede,

Will you guys also offer the mining hardware at almost cost for shareholders? Just wondering about this, it would be nice if shareholders can purchase mining hardware at cost for themselves also.

Thanks

I would vote against clearly. There is no reason the ownership of some shares should diminish the income of all other shareholders. And throwing away hashingpower for a low price and creating cheap competition this way would be stupid too. Theres no reason to give a single person an advantage about all others this way. When one wants to buy hashingpower he can buy shares, thats it.

+1. Being a shareholder in Exxon-Mobil doesn't get you discount gasoline and there's no reason why this would be any different.

yuansuyi
Member
**
Offline Offline

Activity: 112



View Profile
August 21, 2013, 12:10:55 PM
 #2766

Great! Please gimme url and company for 28nm? I need some next week... Wink
Please gimme url for labcoin 130nm chips. I need some next week... Wink

Uhm, yeah, sorry, 1 week is probably not possible.
But PM Swede, he'll arrange it and you'll probably have chips in two weeks.

Funny enough that ActM is waiting for 110nm Avalon chips to deliver, so that Ken chould have some pity hashpower to pay tiny dividend.
Funny enough Labcoin is paying zero dividends because they have no hashpower. The Avalon chips are nothing more than a stepping stone while the 28nm chips are manufactured.

The Avalon chips were nothing but a bad investment, that is all you can call them. ActM, and thus their shareholders, have payed more money on them than they will get out of them.
Calling getting the Avalons a "stepping stone" is really kind of delusional. All that should be important is the development of their own ASICs.
All this business with creating Avalon clones is just wasted time and effort that could go towards getting their real business going.
And you say it like they're doing that on the side "while the 28nm chips are manufactured"... Dude. They are not being manufactured. Have they even started to develop them, at all? I'm seriously asking, because all I could understand was that eASIC is supposed to eventually start developing them, but nothing like that seems to even have started. If I'm wrong, please correct me with some evidence (and with evidence I mean just a post where they say they have started with it, not really hard evidence).
I've asked several times about NRE payment in ActM's thread, get answered that Ken can't say about it because of NDA, is it logic? I've sold all my holding in ActM since then.
canth
Legendary
*
Offline Offline

Activity: 1442



View Profile
August 21, 2013, 12:18:06 PM
 #2767

Please show me ONE Bitcoin security contract that states a share represents ownership.

- Regularly communicate the project financials to share holders in a way that lets share holders evaluate the performance, capital outlay and future of the project.

- Pay regular dividends amounting to a percentual share of ownership in the company on a bi-weekly basis. The dividends paid will consist of between 70-80% all profits while 20-30% of profits will be held as a reinvestment fund for development, marketing and manufacturing. ALL share holders have the right to an equal share of dividends directly based on their ownerhsip.

God your to fucking dumb it's not even funny,

This right here you useless space of molecules verifies that share holders are owners, it admits that owning shares ties into ownership: "ALL share holders have the right to an equal share of dividends directly based on their ownerhsip. "

Not to mention that the founders own the same shares we do and they are considered owners. The fact that being a shareholder is represented as being an actual owner in the company, these are all representations made for the contract.

If you can't see that like i said please stop wasting molecular space.

Ownership clearly refers to owning shares, nothing to do with a share of the company. And a right to dividends only is explained because of the ownership of shares, not with the ownership of the company.

Shh... you're killing JB's plan to buy up 51% of the shares, call a board meeting and install himself as Chairman & CEO. JohnnyBigs, corporate raider!

eastpk
Member
**
Offline Offline

Activity: 89


View Profile
August 21, 2013, 12:43:17 PM
 #2768

Wasn't there a post a while back about the Board members? Since the IPO went like it did the idea of board members seemed to be dismissed.

Edit: Spelling.
yuansuyi
Member
**
Offline Offline

Activity: 112



View Profile
August 21, 2013, 12:57:34 PM
 #2769

Wasn't there a post a while back about the Board members? Since the IPO went like it did the idea of board members seemed to be dismissed.

Edit: Spelling.
There was discussion about Board members. One should hold at least 200K shares to become Board member, if I remember correctly. Of course it's just a discussion, not final decision, and Swedee is merely an PR-GUY.

At current stage, I don't think the team has time to deal with Borad member thing.

FYI, ActM has just appointed an Borad full of cheerleaders.
eastpk
Member
**
Offline Offline

Activity: 89


View Profile
August 21, 2013, 01:06:22 PM
 #2770

Wasn't there a post a while back about the Board members? Since the IPO went like it did the idea of board members seemed to be dismissed.

Edit: Spelling.
There was discussion about Board members. One should hold at least 200K shares to become Board member, if I remember correctly. Of course it's just a discussion, not final decision, and Swedee is merely an PR-GUY.

At current stage, I don't think the team has time to deal with Borad member thing.

FYI, ActM has just appointed an Borad full of cheerleaders.

No, during the chat session/Q&A session specifically remember bringing this up and as you mentioned - I think they decided not to do any board members or anything like that.
oxideNL
Member
**
Offline Offline

Activity: 82


View Profile
August 21, 2013, 01:28:49 PM
 #2771

Prepare for a herd of wallstreet thugs!  Grin

http://washpost.bloomberg.com/Story?docId=1376-MREDWE6TTDSH01-1H55KF5KJKR25H6GM00FC9L0RS

"Labcoin, managed by Hong Kong-based ITec-Pro Ltd., also began trading its shares this month in a virtual market. The seller of virtual-mining equipment had a market value of 20,000 Bitcoins, or about $2.4 million. Another company that sold shares is Myminer, which operates “mining farms” in China, where it says the low cost of power to run computers gives it an edge. BTC Garden, a Shenzhen-based Bitcoin miner, withdrew its IPO this month, citing a dispute with an investor."

demzie
Sr. Member
****
Offline Offline

Activity: 266



View Profile
August 21, 2013, 01:33:13 PM
 #2772

Prepare for a herd of wallstreet thugs!  Grin

http://washpost.bloomberg.com/Story?docId=1376-MREDWE6TTDSH01-1H55KF5KJKR25H6GM00FC9L0RS

"Labcoin, managed by Hong Kong-based ITec-Pro Ltd., also began trading its shares this month in a virtual market. The seller of virtual-mining equipment had a market value of 20,000 Bitcoins, or about $2.4 million. Another company that sold shares is Myminer, which operates “mining farms” in China, where it says the low cost of power to run computers gives it an edge. BTC Garden, a Shenzhen-based Bitcoin miner, withdrew its IPO this month, citing a dispute with an investor."

+1
Bitcycle
Sr. Member
****
Offline Offline

Activity: 420


View Profile
August 21, 2013, 01:55:57 PM
 #2773


The Great Asicminer Overreaction Of Aug '13 is underway.   Roll Eyes


Seems to be affecting everything else, which makes absolutely no sense. I don't get the 'investors' in this market at all.
Zubilica
Hero Member
*****
Offline Offline

Activity: 836



View Profile
August 21, 2013, 02:00:39 PM
 #2774

OMG bubble

yuansuyi
Member
**
Offline Offline

Activity: 112



View Profile
August 21, 2013, 02:10:02 PM
 #2775

OMG bubble
OMG amazing company.
velacreations
Sr. Member
****
Offline Offline

Activity: 476


View Profile
August 21, 2013, 02:17:22 PM
 #2776


The Great Asicminer Overreaction Of Aug '13 is underway.   Roll Eyes


Seems to be affecting everything else, which makes absolutely no sense. I don't get the 'investors' in this market at all.

People are taking gains from other securities to buy cheap AM

foxykah
Full Member
***
Offline Offline

Activity: 126



View Profile
August 21, 2013, 02:32:01 PM
 #2777


Even if I lost some of my invested BTC because of these (and thus I won't be able to profit as much in the long run), I'm laughing my ass off  Grin

Good things come to those who wait.
zrn
Newbie
*
Offline Offline

Activity: 9


View Profile
August 21, 2013, 02:48:23 PM
 #2778


The Great Asicminer Overreaction Of Aug '13 is underway.   Roll Eyes


Seems to be affecting everything else, which makes absolutely no sense. I don't get the 'investors' in this market at all.

People are taking gains from other securities to buy cheap AM

People selling AM to buy cheap ActM and LC Tongue
velacreations
Sr. Member
****
Offline Offline

Activity: 476


View Profile
August 21, 2013, 03:01:29 PM
 #2779

People selling AM to buy cheap ActM and LC Tongue
not today

damiano
Legendary
*
Offline Offline

Activity: 1246


103 days, 21 hours and 10 minutes.


View Profile
August 21, 2013, 03:10:41 PM
 #2780

People selling AM to buy cheap ActM and LC Tongue
not today

AM will see 2.8-3.0BTC before it see's 4.0BTC again

 Not trying to put AM down either..

Just saying what I believe
Pages: « 1 ... 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 [139] 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 ... 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!