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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042137 times)
zumzero
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September 13, 2013, 11:17:06 PM
 #8121

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?

Hi all. LTC-MINING has been closed. I have had a lot of other projects sucking up most of my time so I have been unable to grow this asset as much as I had originally hoped.

I issued the LTC mining output of 1000 kh/s to the remaining 303 outstanding shares, roughly tripling the revenue issued.

The last trades were at 0.2728 so I multiplied that times 1.05 which gave me 0.28644 BTC. I rounded that up to 0.288 and bought back the remaining 303 outstanding shares of LTC-MINING.

Totaling everything up over the last year, original purchasers that held the LTC-MINING bond would have seen a return of roughly 6% denominated in BTC.

Cheers.

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September 13, 2013, 11:23:35 PM
 #8122

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?

Hi all. LTC-MINING has been closed. I have had a lot of other projects sucking up most of my time so I have been unable to grow this asset as much as I had originally hoped.

I issued the LTC mining output of 1000 kh/s to the remaining 303 outstanding shares, roughly tripling the revenue issued.

The last trades were at 0.2728 so I multiplied that times 1.05 which gave me 0.28644 BTC. I rounded that up to 0.288 and bought back the remaining 303 outstanding shares of LTC-MINING.

Totaling everything up over the last year, original purchasers that held the LTC-MINING bond would have seen a return of roughly 6% denominated in BTC.

Cheers.

Positive or negative it at least should be a significant update.
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September 13, 2013, 11:45:33 PM
 #8123


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...

hi, mind posting where this source is from?  thanks

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September 13, 2013, 11:46:40 PM
 #8124



labcoin coming up on stage:



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September 13, 2013, 11:52:29 PM
 #8125

hi, mind posting where this source is from?  thanks


That would be the crazy mind of salviel  Smiley
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September 13, 2013, 11:58:15 PM
 #8126

Labcoin is going to announce that they will be handing out those free USB miners that they talked about before the IPO.
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September 14, 2013, 12:01:36 AM
 #8127

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?

I think it most likely wouldn't matter. I watched recent news announcements and the eASIC deal offererd some kind of insight. The deal was first promoted in the ActM thread and the price movement/volume spiked within a short timeframe of 15-25 minutes. PR posted a news announcement on BTCT a few minutes after that, but it had zero effect. I learned that news travel here faster than I expected via the main threads and probably the ticker feeds as well as postings in other threads and other channels. I assume that almost everyone involved here is watching very closely and that this represents a major amount of holders.

On the contrary: someone who needs to be informed via the news feed that Labcoin might have failed is most likely not invested anyway and thus unable to sell shares.


Edit: I realized that wasn't your focus, but rather that an explicit announcement of publishing news via the news channel implies positive news.

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September 14, 2013, 12:02:21 AM
 #8128

hi, mind posting where this source is from?  thanks


That would be the crazy mind of salviel  Smiley


That would be correct, sir. Though I would have phrased it as: "The fever-crazed ramblings of my own mind".

And here I expected that creative writing had no place in digital currency speculation.
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September 14, 2013, 12:09:03 AM
 #8129

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

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September 14, 2013, 12:09:57 AM
 #8130

Ladies and Gentlement!!!! Lets get ready to Ruuummmblllle!
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September 14, 2013, 12:10:59 AM
 #8131

I give this a 50/50 on good news/bad news
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September 14, 2013, 12:11:27 AM
 #8132

I give this a 50/50 on good news/bad news

I'm ready with the gifs (both way)

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Vigil
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September 14, 2013, 12:12:42 AM
 #8133

I give this a 50/50 on good news/bad news
After this announcement we will no longer refer to Labcoin as "Labcoin". This thing is going so high, it shall be known as "Cloudcoin".
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September 14, 2013, 12:14:12 AM
 #8134

Oh my.

https://mybitcoin.garden
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FloatesMcgoates
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September 14, 2013, 12:14:40 AM
 #8135

Another prediction: No news 3 minutes past deadline --> stock dips 10%

news then arrives 4 minutes past deadline
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September 14, 2013, 12:14:43 AM
 #8136

Don't forget the poll: https://bitcointalk.org/index.php?topic=293588.0

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September 14, 2013, 12:16:49 AM
 #8137

The best this "announcement" could possibly be is them just repeating the shit they've already said. MARK MY WORDS! So the upside is very little. I honestly wouldn't be shocked if there wasn't an announcement and they said they couldn't get connected to the internet!

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September 14, 2013, 12:17:00 AM
 #8138

Another prediction: No news 3 minutes past deadline --> stock dips 10%

news then arrives 4 minutes past deadline
He did say the time was approximate. In fact, he said it twice.

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).

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September 14, 2013, 12:18:01 AM
 #8139

The best this "announcement" could possibly be is them just repeating the shit they've already said. MARK MY WORDS! So the upside is very little. I honestly wouldn't be shocked if there wasn't an announcement and they said they couldn't get connected to the internet!



Nah, labcoin and Swede online/offline for more than 5 hours now, I think they will be ready this time. But for what, that is the question.

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September 14, 2013, 12:19:03 AM
 #8140

I give this a 50/50 on good news/bad news
After this announcement we will no longer refer to Labcoin as "Lacoin". This thing is going so high, it shall be known as "Cloudcoin".

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