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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1058520 times)
Bitcycle
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September 13, 2013, 10:09:26 PM
 #8101

Would it be a disaster if there were some positive news but the shareprice only went up to, let's say, 0.004 after an initial surge to 0.005?

I like people's optimism but even with good news, I can't see the price going that crazy, not when many speculators will start to sell the moment it reaches 0.0045.



If they provide solid proof of hashing and it stabilizes at 0.004, I'm done with it.  Better opportunities elsewhere.
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September 13, 2013, 10:24:00 PM
 #8102

So you cannot "annualize" the 50th/s dividends, it will be much more.

The problem is the rest of the network will also be growing.  Labcoin may be growing faster, or slower, or they may be growing at the same rate. By the time we get to October, we should know more about the next few months of network size.

But for now, we're trying to estimate the right price for the stock after the news comes out.   Sadly, I don't think it'll hit 0.01 or anything crazy like that.

Interestingly, TheSeven mentioned to creativex that their 65nm design could be ported to smaller process nodes. Moving to a 40nm size would be a step in the right direction.  Moving to 28nm would drive everyone crazy since people are obsessed with that number, way more they should be. I don't know if they can afford NRE on a 28nm core, though.

So yeah, I'd love to see the price double but I think the best we can hope for is a return to what the share price had been before all these PR problems materialized, 0.0038-0.004

Oh yeah, for old time's sake Grin


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September 13, 2013, 10:26:28 PM
 #8103

the best we can hope for is a return to what the share price had been before all these PR problems materialized, 0.0038-0.004


That would be ridiculous as that price reflected considerable uncertainty. 

It could happen, though.  This market is anything but rational.


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September 13, 2013, 10:37:27 PM
 #8104

Whatever the news, I predict lots of this:

Quote from: btct.co
Excessive wait trying to get lock on LABCOIN

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September 13, 2013, 10:38:32 PM
 #8105

So you cannot "annualize" the 50th/s dividends, it will be much more.

The problem is the rest of the network will also be growing.  Labcoin may be growing faster, or slower, or they may be growing at the same rate. By the time we get to October, we should know more about the next few months of network size.

But for now, we're trying to estimate the right price for the stock after the news comes out.   Sadly, I don't think it'll hit 0.01 or anything crazy like that.

Interestingly, TheSeven mentioned to creativex that their 65nm design could be ported to smaller process nodes. Moving to a 40nm size would be a step in the right direction.  Moving to 28nm would drive everyone crazy since people are obsessed with that number, way more they should be. I don't know if they can afford NRE on a 28nm core, though.

So yeah, I'd love to see the price double but I think the best we can hope for is a return to what the share price had been before all these PR problems materialized, 0.0038-0.004

Oh yeah, for old time's sake Grin



We don't need to wait until October.

I have been tracking all announced sales from all ASIC vendors since June, and I've been able to pretty accurately anticipate the difficulty month after month. I can tell you that the network hash rate will be about 1,300,000 mid October which means 50TH/s will generate BTC 4.4k in a month, divided by 10 million shares times 80% = 0.00035 BTC/share in dividends in October, or 10% of actual share price in just 1 month, while AsicMiner gives usually 1% per month, so just this simple math means that Labcoin could be worth 10x more already in October.

Then in December the network hash rate will be about almost 3,000,000 and 200TH/s will generate BTC 7.5k in a month, divided by 10 million shares times 80% = 0.0006 BTC/share or 20% of current price, so you see where this could go.

And this is not even counting with hardware sales, future chips, future increases in % of network hash rate, etc.

Know what's happening in cryptoworld: www.coinschedule.com
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September 13, 2013, 10:40:54 PM
 #8106


Bear in mind there's nothing Labcoin/TheSwede could possibly say that the Fanatical FUD-Flinging Force couldn't somehow twist, spin, or conspiracy-theorize into something apocalyptic. I challenge anyone to think of something.

Let me first say I agree with you, FUDsters gonna FUD.

But as a creative exercise, let me take up your challenge:

Released from Labcoin:

Ok folks, here is our mining address, and if you look at the two blocks mined in the meantime, and decrypt the meaningless random characters inserted into the header, you will find two IP addresses that are assigned to two live 24-hour webcams running in our mining facility, with built-in hashing calculator live onscreen. One of the cameras is focused on our PCB fab area where our workers are tirelessly constructing ASIC blades and installing them live before your eyes. Watch as the hashing counter jumps for each board installed.

You will be able to confirm this number because we have also decided to mine in Slush's pool, where we are user #XXXX, and you can monitor our progress there.

I have also uploaded a video of the bench tests for our new 65nm chips, and they are overperforming by 10%. I would also like to submit a copy of the receipt for our latest tape-out order, notarized in triplicate by Burnside, The Minister of Technology for the People's Republic of China, and guest celebrity investor Warren Buffett. All three of these fine gentlemen will be available for a 20 minute videoconference an hour after this release has been posted, where they will be answering the top four voted questions posted in this thread.

And finally I would like to thank the investors for their patience. We are all socially inept, yet brilliant technicians. We honestly didn't think that two days without updates would cause so much panic. I guess that is why twitter is more popular than Charles Dickens nowadays.

Anyways, to all the faithful: Greetings new digital millionaires!


I'd like to see a FUDster spin that one...
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September 13, 2013, 10:49:34 PM
 #8107


And finally I would like to thank the investors for their patience. We are all socially inept, yet brilliant technicians. We honestly didn't think that two days without updates would cause so much panic. I guess that is why twitter is more popular than Charles Dickens nowadays.

I laughed particularly hard with that one. Best post in the whole month.

I salute you, my friend.
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September 13, 2013, 10:52:57 PM
 #8108


Bear in mind there's nothing Labcoin/TheSwede could possibly say that the Fanatical FUD-Flinging Force couldn't somehow twist, spin, or conspiracy-theorize into something apocalyptic. I challenge anyone to think of something.

Let me first say I agree with you, FUDsters gonna FUD.

But as a creative exercise, let me take up your challenge:

Released from Labcoin:

Ok folks, here is our mining address, and if you look at the two blocks mined in the meantime, and decrypt the meaningless random characters inserted into the header, you will find two IP addresses that are assigned to two live 24-hour webcams running in our mining facility, with built-in hashing calculator live onscreen. One of the cameras is focused on our PCB fab area where our workers are tirelessly constructing ASIC blades and installing them live before your eyes. Watch as the hashing counter jumps for each board installed.

You will be able to confirm this number because we have also decided to mine in Slush's pool, where we are user #XXXX, and you can monitor our progress there.

I have also uploaded a video of the bench tests for our new 65nm chips, and they are overperforming by 10%. I would also like to submit a copy of the receipt for our latest tape-out order, notarized in triplicate by Burnside, The Minister of Technology for the People's Republic of China, and guest celebrity investor Warren Buffett. All three of these fine gentlemen will be available for a 20 minute videoconference an hour after this release has been posted, where they will be answering the top four voted questions posted in this thread.

And finally I would like to thank the investors for their patience. We are all socially inept, yet brilliant technicians. We honestly didn't think that two days without updates would cause so much panic. I guess that is why twitter is more popular than Charles Dickens nowadays.

Anyways, to all the faithful: Greetings new digital millionaires!


I'd like to see a FUDster spin that one...

You don't need FUDster's help when you all set yourselves up like this for a massive fall.  Wow!  Simply wow!

This could turn out to be the biggest anti-climax known to man, follwed by bouts of rage that could make Gulf War II's Shock & Awe on Bagdad look like a children's tea party.

Why are you guys doing this to yourselves?  Just calm your jets, eh?

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TsuyokuNaritai
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September 13, 2013, 10:56:46 PM
 #8109


Bear in mind there's nothing Labcoin/TheSwede could possibly say that the Fanatical FUD-Flinging Force couldn't somehow twist, spin, or conspiracy-theorize into something apocalyptic. I challenge anyone to think of something.

Let me first say I agree with you, FUDsters gonna FUD.

But as a creative exercise, let me take up your challenge:

Released from Labcoin:

Ok folks, here is our mining address, and if you look at the two blocks mined in the meantime, and decrypt the meaningless random characters inserted into the header, you will find two IP addresses that are assigned to two live 24-hour webcams running in our mining facility, with built-in hashing calculator live onscreen. One of the cameras is focused on our PCB fab area where our workers are tirelessly constructing ASIC blades and installing them live before your eyes. Watch as the hashing counter jumps for each board installed.

You will be able to confirm this number because we have also decided to mine in Slush's pool, where we are user #XXXX, and you can monitor our progress there.

I have also uploaded a video of the bench tests for our new 65nm chips, and they are overperforming by 10%. I would also like to submit a copy of the receipt for our latest tape-out order, notarized in triplicate by Burnside, The Minister of Technology for the People's Republic of China, and guest celebrity investor Warren Buffett. All three of these fine gentlemen will be available for a 20 minute videoconference an hour after this release has been posted, where they will be answering the top four voted questions posted in this thread.

And finally I would like to thank the investors for their patience. We are all socially inept, yet brilliant technicians. We honestly didn't think that two days without updates would cause so much panic. I guess that is why twitter is more popular than Charles Dickens nowadays.

Anyways, to all the faithful: Greetings new digital millionaires!


I'd like to see a FUDster spin that one...

You don't need FUDster's help when you all set yourselves up like this for a massive fall.  Wow!  Simply wow!

This could turn out to be the biggest anti-climax known to man, follwed by bouts of rage that could make Gulf War II's Shock & Awe on Bagdad look like a children's tea party.

Why are you guys doing this to yourselves?  Just calm your jets, eh?

I rest my case. Grin I didn't think it would be literally apocalyptic!

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September 13, 2013, 10:57:00 PM
 #8110


Bear in mind there's nothing Labcoin/TheSwede could possibly say that the Fanatical FUD-Flinging Force couldn't somehow twist, spin, or conspiracy-theorize into something apocalyptic. I challenge anyone to think of something.

Let me first say I agree with you, FUDsters gonna FUD.

But as a creative exercise, let me take up your challenge:

Released from Labcoin:

Ok folks, here is our mining address, and if you look at the two blocks mined in the meantime, and decrypt the meaningless random characters inserted into the header, you will find two IP addresses that are assigned to two live 24-hour webcams running in our mining facility, with built-in hashing calculator live onscreen. One of the cameras is focused on our PCB fab area where our workers are tirelessly constructing ASIC blades and installing them live before your eyes. Watch as the hashing counter jumps for each board installed.

You will be able to confirm this number because we have also decided to mine in Slush's pool, where we are user #XXXX, and you can monitor our progress there.

I have also uploaded a video of the bench tests for our new 65nm chips, and they are overperforming by 10%. I would also like to submit a copy of the receipt for our latest tape-out order, notarized in triplicate by Burnside, The Minister of Technology for the People's Republic of China, and guest celebrity investor Warren Buffett. All three of these fine gentlemen will be available for a 20 minute videoconference an hour after this release has been posted, where they will be answering the top four voted questions posted in this thread.

And finally I would like to thank the investors for their patience. We are all socially inept, yet brilliant technicians. We honestly didn't think that two days without updates would cause so much panic. I guess that is why twitter is more popular than Charles Dickens nowadays.

Anyways, to all the faithful: Greetings new digital millionaires!


I'd like to see a FUDster spin that one...

You don't need FUDster's help when you all set yourselves up like this for a massive fall.  Wow!  Simply wow!

This could turn out to be the biggest anti-climax known to man, follwed by bouts of rage that could make Gulf War II's Shock & Awe on Bagdad look like a children's tea party.

Why are you guys doing this to yourselves?  Just calm your jets, eh?

Are you ok? Or have you been clinically diagnosed to be missing a sense of humor?
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September 13, 2013, 10:59:09 PM
 #8111

H-2

       ▄▄█▀▀▀▀▀▀▀█▄▄
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 ▄█ █████▀█ ▄▄▄ █▀█████ █▄
▄█ █████   █████   █████ █▄
█ ██████   ▀███▀   ██████ █
█ ███████         ███████ █
█ ██████   ▄███▄   ██████ █
▀█ █████   █████   █████ █▀

 ▀█ █████▄█ ▀▀▀ █▄█████ █▀
  ▀█▄▀████▄▀▀▀▀▀▄████▀▄█▀

    ▀█▄▄▀▀███████▀▀▄▄█▀
       ▀▀█▄▄▄▄▄▄▄█▀▀




 ▄█████████ ███      ███  ▄█████  ▄█████  ▄████████▄   ▄████████▄   ▄█████████ ███       ███
███▀        ███      ███ ███▀    ███▀    ███▀    ▀███ ███▀    ▀███ ███▀        ███       ███
███         ███      ███ ███     ███     ████████████ ███      ███ ███         ███▄     ▄███
███▄        ███▄    ▄███ ███     ███     ███▄         ███      ███ ███▄         ▀███████████
 ▀█████████  ▀████████▀  ███     ███      ▀█████      ███      ███  ▀█████████          ▄███
                                                                                     █████▀
























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September 13, 2013, 11:00:30 PM
 #8112

Timer removed. End time: 2013-09-14+01:00:00UTC
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September 13, 2013, 11:01:27 PM
 #8113


You don't need FUDster's help when you all set yourselves up like this for a massive fall.  Wow!  Simply wow!

This could turn out to be the biggest anti-climax known to man, follwed by bouts of rage that could make Gulf War II's Shock & Awe on Bagdad look like a children's tea party.

Why are you guys doing this to yourselves?  Just calm your jets, eh?

TheSwede plans on releasing this on the btct.co front page, which one would assume is a major news release. Of course he said he had no idea what it was/is.
Pale Phoenix
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September 13, 2013, 11:01:35 PM
 #8114


Are you ok? Or have you been clinically diagnosed to be missing a sense of humor?

Or worse yet... running around undiagnosed. A threat to us all, that one.

Great piece of work above, by the way. Smiley

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September 13, 2013, 11:03:57 PM
 #8115


Bear in mind there's nothing Labcoin/TheSwede could possibly say that the Fanatical FUD-Flinging Force couldn't somehow twist, spin, or conspiracy-theorize into something apocalyptic. I challenge anyone to think of something.

Let me first say I agree with you, FUDsters gonna FUD.

But as a creative exercise, let me take up your challenge:

Released from Labcoin:

Ok folks, here is our mining address, and if you look at the two blocks mined in the meantime, and decrypt the meaningless random characters inserted into the header, you will find two IP addresses that are assigned to two live 24-hour webcams running in our mining facility, with built-in hashing calculator live onscreen. One of the cameras is focused on our PCB fab area where our workers are tirelessly constructing ASIC blades and installing them live before your eyes. Watch as the hashing counter jumps for each board installed.

You will be able to confirm this number because we have also decided to mine in Slush's pool, where we are user #XXXX, and you can monitor our progress there.

I have also uploaded a video of the bench tests for our new 65nm chips, and they are overperforming by 10%. I would also like to submit a copy of the receipt for our latest tape-out order, notarized in triplicate by Burnside, The Minister of Technology for the People's Republic of China, and guest celebrity investor Warren Buffett. All three of these fine gentlemen will be available for a 20 minute videoconference an hour after this release has been posted, where they will be answering the top four voted questions posted in this thread.

And finally I would like to thank the investors for their patience. We are all socially inept, yet brilliant technicians. We honestly didn't think that two days without updates would cause so much panic. I guess that is why twitter is more popular than Charles Dickens nowadays.

Anyways, to all the faithful: Greetings new digital millionaires!


I'd like to see a FUDster spin that one...

You don't need FUDster's help when you all set yourselves up like this for a massive fall.  Wow!  Simply wow!

This could turn out to be the biggest anti-climax known to man, follwed by bouts of rage that could make Gulf War II's Shock & Awe on Bagdad look like a children's tea party.

Why are you guys doing this to yourselves?  Just calm your jets, eh?

Are you ok? Or have you been clinically diagnosed to be missing a sense of humor?

clinically diagnosed to be missing a sense of humour

https://mybitcoin.garden
Bitcoin game where you can earn up to 220% on each planted garden!
TsuyokuNaritai
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September 13, 2013, 11:04:46 PM
 #8116

TheSwede plans on releasing this on the front page, which one would assume is a major news release. Of course he said he had no idea what it was/is.
Where did he say that?

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September 13, 2013, 11:05:34 PM
 #8117

Timer removed. End time: 2013-09-14+01:00:00UTC

I am so staying up for this one. hehe  Smiley

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September 13, 2013, 11:06:09 PM
 #8118

TheSwede plans on releasing this on the front page, which one would assume is a major news release. Of course he said he had no idea what it was/is.
Where did he say that?

UPDATE NOTICE:

I just spoke to Sam and confirmed that there will be an update tomorrow Friday Sept 13th at approx 8 PM Central Time (Approx 23 hours from this post). I have no details on the information but the update will be released both here on the forum and on btct.co

TLDR; There will be an update tomorrow at 8 pm Central.

TsuyokuNaritai
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September 13, 2013, 11:09:12 PM
 #8119

TheSwede plans on releasing this on the front page, which one would assume is a major news release. Of course he said he had no idea what it was/is.
Where did he say that?

UPDATE NOTICE:

I just spoke to Sam and confirmed that there will be an update tomorrow Friday Sept 13th at approx 8 PM Central Time (Approx 23 hours from this post). I have no details on the information but the update will be released both here on the forum and on btct.co

TLDR; There will be an update tomorrow at 8 pm Central.
Ah. By front page I though you meant the first post in this thread. I guess you meant as news on btct, which will then make the btct front page.

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September 13, 2013, 11:14:31 PM
 #8120

The fact that it is going to be posted as a News item answers if it is going to be negative or positive.  After all, what would be the point in posting negative news to the front page of btct.co?
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