[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

[Mabsark]

I thinks it's time to look at some numbers again.

Let's assume that Labcoin was mining with 500 Th/s at the end of the year, if the network hash rate was:

• 50.000 Ph/s, Labcoin would control 01% of the network.
• 25.000 Ph/s, Labcoin would control 02% of the network.
• 16.667 Ph/s, Labcoin would control 03% of the network.
• 12.500 Ph/s, Labcoin would control 04% of the network.
• 10.000 Ph/s, Labcoin would control 05% of the network.
• 08.333 Ph/s, Labcoin would control 06% of the network.
• 07.143 Ph/s, Labcoin would control 07% of the network.
• 06.250 Ph/s, Labcoin would control 08% of the network.
• 05.556 Ph/s, Labcoin would control 09% of the network.
• 05.000 Ph/s, Labcoin would control 10% of the network.

BTC/Block = 25
Blocks/Round = 2,016
BTC/Round = 50,400

If Labcoin controlled:

• 01%, they would mine 504 BTC per difficulty round, 352.8 BTC (70%) going towards dividends giving 0.00003528 BTC/share/round.
• 02%, they would mine 1,008 BTC per difficulty round, 705.6 BTC (70%) going towards dividends giving 0.00007056 BTC per share per round.
• 03%, they would mine 1,512 BTC per difficulty round, 1,058.4 BTC (70%) going towards dividends giving 0.00010584 BTC per share per round.
• 04%, they would mine 2,016 BTC per difficulty round, 1,411.2 BTC (70%) going towards dividends giving 0.00014112 BTC per share per round.
• 05%, they would mine 2,520 BTC per difficulty round, 1,764.0 BTC (70%) going towards dividends giving 0.00017640 BTC per share per round.
• 06%, they would mine 3,024 BTC per difficulty round, 2,116.8 BTC (70%) going towards dividends giving 0.00021168 BTC per share per round.
• 07%, they would mine 3,528 BTC per difficulty round, 2,469.6 BTC (70%) going towards dividends giving 0.00024696 BTC per share per round.
• 08%, they would mine 4,032 BTC per difficulty round, 2,822.4 BTC (70%) going towards dividends giving 0.00028224 BTC per share per round.
• 09%, they would mine 4,536 BTC per difficulty round, 3,175.2 BTC (70%) going towards dividends giving 0.00031752 BTC per share per round.
• 10%, they would mine 5,040 BTC per difficulty round, 3,528.0 BTC (70%) going towards dividends giving 0.00035280 BTC per share per round.

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[Luckybit]

I thinks it's time to look at some numbers again.

Let's assume that Labcoin was mining with 500 Th/s at the end of the year, if the network hash rate was:

• 50.000 Ph/s, Labcoin would control 01% of the network.
• 25.000 Ph/s, Labcoin would control 02% of the network.
• 16.667 Ph/s, Labcoin would control 03% of the network.
• 12.500 Ph/s, Labcoin would control 04% of the network.
• 10.000 Ph/s, Labcoin would control 05% of the network.
• 08.333 Ph/s, Labcoin would control 06% of the network.
• 07.143 Ph/s, Labcoin would control 07% of the network.
• 06.250 Ph/s, Labcoin would control 08% of the network.
• 05.556 Ph/s, Labcoin would control 09% of the network.
• 05.000 Ph/s, Labcoin would control 10% of the network.

BTC/Block = 25
Blocks/Round = 2,016
BTC/Round = 50,400

If Labcoin controlled:

• 01%, they would mine 504 BTC per difficulty round, 352.8 BTC (70%) going towards dividends giving 0.00003528 BTC/share/round.
• 02%, they would mine 1,008 BTC per difficulty round, 705.6 BTC (70%) going towards dividends giving 0.00007056 BTC per share per round.
• 03%, they would mine 1,512 BTC per difficulty round, 1,058.4 BTC (70%) going towards dividends giving 0.00010584 BTC per share per round.
• 04%, they would mine 2,016 BTC per difficulty round, 1,411.2 BTC (70%) going towards dividends giving 0.00014112 BTC per share per round.
• 05%, they would mine 2,520 BTC per difficulty round, 1,764.0 BTC (70%) going towards dividends giving 0.00017640 BTC per share per round.
• 06%, they would mine 3,024 BTC per difficulty round, 2,116.8 BTC (70%) going towards dividends giving 0.00021168 BTC per share per round.
• 07%, they would mine 3,528 BTC per difficulty round, 2,469.6 BTC (70%) going towards dividends giving 0.00024696 BTC per share per round.
• 08%, they would mine 4,032 BTC per difficulty round, 2,822.4 BTC (70%) going towards dividends giving 0.00028224 BTC per share per round.
• 09%, they would mine 4,536 BTC per difficulty round, 3,175.2 BTC (70%) going towards dividends giving 0.00031752 BTC per share per round.
• 10%, they would mine 5,040 BTC per difficulty round, 3,528.0 BTC (70%) going towards dividends giving 0.00035280 BTC per share per round.

Trying to pump up the price above 0.03 so you can dump? A lot of people purchased at a high price and need to get it back up there to dump their shares because they know the time to get out is now.

[AngelSky]

Any one want to bet on how high the price goes come Monday afternoon.

I frigin hope so, just bought some shares..  I like risks

Your going to see a double if not a triple followed by a taper of. It should hit .00365 minimum. All the fudidiots just got proven wrong with the recent news!

Proven ? Hmm let me remind you that it was an ANNOUNCEMENT of an ANNOUCEMENT. And everyone here (almost) knows how it works now.

[Mabsark]

I thinks it's time to look at some numbers again.

Let's assume that Labcoin was mining with 500 Th/s at the end of the year, if the network hash rate was:

• 50.000 Ph/s, Labcoin would control 01% of the network.
• 25.000 Ph/s, Labcoin would control 02% of the network.
• 16.667 Ph/s, Labcoin would control 03% of the network.
• 12.500 Ph/s, Labcoin would control 04% of the network.
• 10.000 Ph/s, Labcoin would control 05% of the network.
• 08.333 Ph/s, Labcoin would control 06% of the network.
• 07.143 Ph/s, Labcoin would control 07% of the network.
• 06.250 Ph/s, Labcoin would control 08% of the network.
• 05.556 Ph/s, Labcoin would control 09% of the network.
• 05.000 Ph/s, Labcoin would control 10% of the network.

BTC/Block = 25
Blocks/Round = 2,016
BTC/Round = 50,400

If Labcoin controlled:

• 01%, they would mine 504 BTC per difficulty round, 352.8 BTC (70%) going towards dividends giving 0.00003528 BTC/share/round.
• 02%, they would mine 1,008 BTC per difficulty round, 705.6 BTC (70%) going towards dividends giving 0.00007056 BTC per share per round.
• 03%, they would mine 1,512 BTC per difficulty round, 1,058.4 BTC (70%) going towards dividends giving 0.00010584 BTC per share per round.
• 04%, they would mine 2,016 BTC per difficulty round, 1,411.2 BTC (70%) going towards dividends giving 0.00014112 BTC per share per round.
• 05%, they would mine 2,520 BTC per difficulty round, 1,764.0 BTC (70%) going towards dividends giving 0.00017640 BTC per share per round.
• 06%, they would mine 3,024 BTC per difficulty round, 2,116.8 BTC (70%) going towards dividends giving 0.00021168 BTC per share per round.
• 07%, they would mine 3,528 BTC per difficulty round, 2,469.6 BTC (70%) going towards dividends giving 0.00024696 BTC per share per round.
• 08%, they would mine 4,032 BTC per difficulty round, 2,822.4 BTC (70%) going towards dividends giving 0.00028224 BTC per share per round.
• 09%, they would mine 4,536 BTC per difficulty round, 3,175.2 BTC (70%) going towards dividends giving 0.00031752 BTC per share per round.
• 10%, they would mine 5,040 BTC per difficulty round, 3,528.0 BTC (70%) going towards dividends giving 0.00035280 BTC per share per round.

Trying to pump up the price above 0.03 so you can dump? A lot of people purchased at a high price and need to get it back up there to dump their shares because they know the time to get out is now.

I'm only stating facts. Also, Labcoin hasn't even been at a high price yet. 

[moneymanagment]

Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

What is known about this address? What makes it a possible labcoin candidate?
[/quote
Figues lol ur something else

[moneymanagment]

The Walls are DOWN!

[klee]

The Walls are DOWN!

Yes, Anoncoin just passed the 0.002 wall!!! 

[huhai0978]

I thinks it's time to look at some numbers again.

Let's assume that Labcoin was mining with 500 Th/s at the end of the year, if the network hash rate was:

• 50.000 Ph/s, Labcoin would control 01% of the network.
• 25.000 Ph/s, Labcoin would control 02% of the network.
• 16.667 Ph/s, Labcoin would control 03% of the network.
• 12.500 Ph/s, Labcoin would control 04% of the network.
• 10.000 Ph/s, Labcoin would control 05% of the network.
• 08.333 Ph/s, Labcoin would control 06% of the network.
• 07.143 Ph/s, Labcoin would control 07% of the network.
• 06.250 Ph/s, Labcoin would control 08% of the network.
• 05.556 Ph/s, Labcoin would control 09% of the network.
• 05.000 Ph/s, Labcoin would control 10% of the network.

BTC/Block = 25
Blocks/Round = 2,016
BTC/Round = 50,400

If Labcoin controlled:

• 01%, they would mine 504 BTC per difficulty round, 352.8 BTC (70%) going towards dividends giving 0.00003528 BTC/share/round.
• 02%, they would mine 1,008 BTC per difficulty round, 705.6 BTC (70%) going towards dividends giving 0.00007056 BTC per share per round.
• 03%, they would mine 1,512 BTC per difficulty round, 1,058.4 BTC (70%) going towards dividends giving 0.00010584 BTC per share per round.
• 04%, they would mine 2,016 BTC per difficulty round, 1,411.2 BTC (70%) going towards dividends giving 0.00014112 BTC per share per round.
• 05%, they would mine 2,520 BTC per difficulty round, 1,764.0 BTC (70%) going towards dividends giving 0.00017640 BTC per share per round.
• 06%, they would mine 3,024 BTC per difficulty round, 2,116.8 BTC (70%) going towards dividends giving 0.00021168 BTC per share per round.
• 07%, they would mine 3,528 BTC per difficulty round, 2,469.6 BTC (70%) going towards dividends giving 0.00024696 BTC per share per round.
• 08%, they would mine 4,032 BTC per difficulty round, 2,822.4 BTC (70%) going towards dividends giving 0.00028224 BTC per share per round.
• 09%, they would mine 4,536 BTC per difficulty round, 3,175.2 BTC (70%) going towards dividends giving 0.00031752 BTC per share per round.
• 10%, they would mine 5,040 BTC per difficulty round, 3,528.0 BTC (70%) going towards dividends giving 0.00035280 BTC per share per round.

You mixed up T with P.

[zumzero]

I thinks it's time to look at some numbers again.

Let's assume that Labcoin was mining with 500 Th/s at the end of the year, if the network hash rate was:

• 50.000 Ph/s, Labcoin would control 01% of the network.
• 25.000 Ph/s, Labcoin would control 02% of the network.
• 16.667 Ph/s, Labcoin would control 03% of the network.
• 12.500 Ph/s, Labcoin would control 04% of the network.
• 10.000 Ph/s, Labcoin would control 05% of the network.
• 08.333 Ph/s, Labcoin would control 06% of the network.
• 07.143 Ph/s, Labcoin would control 07% of the network.
• 06.250 Ph/s, Labcoin would control 08% of the network.
• 05.556 Ph/s, Labcoin would control 09% of the network.
• 05.000 Ph/s, Labcoin would control 10% of the network.

BTC/Block = 25
Blocks/Round = 2,016
BTC/Round = 50,400

If Labcoin controlled:

• 01%, they would mine 504 BTC per difficulty round, 352.8 BTC (70%) going towards dividends giving 0.00003528 BTC/share/round.
• 02%, they would mine 1,008 BTC per difficulty round, 705.6 BTC (70%) going towards dividends giving 0.00007056 BTC per share per round.
• 03%, they would mine 1,512 BTC per difficulty round, 1,058.4 BTC (70%) going towards dividends giving 0.00010584 BTC per share per round.
• 04%, they would mine 2,016 BTC per difficulty round, 1,411.2 BTC (70%) going towards dividends giving 0.00014112 BTC per share per round.
• 05%, they would mine 2,520 BTC per difficulty round, 1,764.0 BTC (70%) going towards dividends giving 0.00017640 BTC per share per round.
• 06%, they would mine 3,024 BTC per difficulty round, 2,116.8 BTC (70%) going towards dividends giving 0.00021168 BTC per share per round.
• 07%, they would mine 3,528 BTC per difficulty round, 2,469.6 BTC (70%) going towards dividends giving 0.00024696 BTC per share per round.
• 08%, they would mine 4,032 BTC per difficulty round, 2,822.4 BTC (70%) going towards dividends giving 0.00028224 BTC per share per round.
• 09%, they would mine 4,536 BTC per difficulty round, 3,175.2 BTC (70%) going towards dividends giving 0.00031752 BTC per share per round.
• 10%, they would mine 5,040 BTC per difficulty round, 3,528.0 BTC (70%) going towards dividends giving 0.00035280 BTC per share per round.

You mixed up T with P.

He also forgot to say that if LC hashed at 50 PH and the network hashrate was 50 PH then LC would mine a gazillion bitcoins and they'd all be rich.

Just be wary of what this fruitcake says.  His plan is to get to 1000 btc by the end of this year and he will do ANYTHING to achieve his goal so he can come back into these forums and gloat about how he's got all of your money.  FACT.

[N_S]

So we supposedly will get a mining address this coming Wed.?

I'm skeptical.

[zumzero]

So we supposedly will get a mining address this coming Wed.?

I'm skeptical.

Think I might buy my first LC shares right now so I can make a fast buck on Wednesday's ANNOUNCEMENT.

Christ,  Mab and the cheerleaders must have developed a twitch whenever they read the word ANNOUNCEMENT.  

[Stuartuk]

https://bitcointalk.org/index.php?topic=263445.msg2814423#msg2814423

Not that picture, this one:



Where is the above image taken from because I can't see it on Labcoin's website. Someone is asking why the ICs are different. I'm asking if the one shown in the above image even has any relation to Labcoin.

Bro it is on page 1 of this thread! What are you talking about!?

That's probably why it looked familiar then, even though I couldn't see it on the Labcoin page 

JESUS H CHRIST Mabsark - you are the biggest cheerleader on here and have been putting 5 posts per page up today screaming about how good Labcoin is but you are not even familiar with their own IPO post on page 1!!!!!

I'm not a LC investor and even I knew where that pic came from! How the fuck do you expect people to accept your word on the future success of this company when you haven't done the most elementary  research yourself?? If you really backed the long term prospects of this company you would know the details of page 1 inside out.

Seriously you must be bright red right now.

This means ONE important thing. You do NOT back this company hard on here because you have done the research and think it is viable, you back it solely because this is where your money is right now and you want a quick buck off the back of investors - that you are lying to.

PEOPLE - please realise that this guy Mabsark will say ANYTHING to get you to keep your money in this stock because he has his btc in it - and almost everything he says about LC he doesn't actually believe himself. He's a liar and has been found out. What a joker huh.

You still haven't answered this Mabsark - why are you the biggest cheerleader on here yet you don't know the very BASICS about this company? Are you here because you think the company will deliver? Or because you think you can hype up the share price with positive-FUD before selling big?

[Stuartuk]

Come on Mabsark answer the question.

Your credibility here now is ZERO.

You are nothing but a positive-FUDster.

Nothing you say is honest, it is ALL just to pump share price.

[VolanicEruptor]

Come on Mabsark answer the question.

Your credibility here now is ZERO.

You are nothing but a positive-FUDster.

Nothing you say is honest, it is ALL just to pump share price.

stop giving him so much credit, nothing he says or what you say affects the share price.  The true pumpers and FUDsters are pro.. you're both just a couple kids dickin around with a few bucks.  

[tucenaber]

You mixed up T with P.

You shouldn't take these hypotheticals seriously, but he has in fact got it basically right. 500 PH/s is possible at the end of the year. The chances of LABCOIN getting 500TH/s though is another story...

[Stuartuk]

nothing he says.....affects the share price.

Major BS.

You are saying upwards of 50 posts a day from this liar bigging up the stock wont cause anyone to have more confidence? You have no clue.

[Mabsark]

I thinks it's time to look at some numbers again.

Let's assume that Labcoin was mining with 500 Th/s at the end of the year, if the network hash rate was:

• 50.000 Ph/s, Labcoin would control 01% of the network.
• 25.000 Ph/s, Labcoin would control 02% of the network.
• 16.667 Ph/s, Labcoin would control 03% of the network.
• 12.500 Ph/s, Labcoin would control 04% of the network.
• 10.000 Ph/s, Labcoin would control 05% of the network.
• 08.333 Ph/s, Labcoin would control 06% of the network.
• 07.143 Ph/s, Labcoin would control 07% of the network.
• 06.250 Ph/s, Labcoin would control 08% of the network.
• 05.556 Ph/s, Labcoin would control 09% of the network.
• 05.000 Ph/s, Labcoin would control 10% of the network.

BTC/Block = 25
Blocks/Round = 2,016
BTC/Round = 50,400

If Labcoin controlled:

• 01%, they would mine 504 BTC per difficulty round, 352.8 BTC (70%) going towards dividends giving 0.00003528 BTC/share/round.
• 02%, they would mine 1,008 BTC per difficulty round, 705.6 BTC (70%) going towards dividends giving 0.00007056 BTC per share per round.
• 03%, they would mine 1,512 BTC per difficulty round, 1,058.4 BTC (70%) going towards dividends giving 0.00010584 BTC per share per round.
• 04%, they would mine 2,016 BTC per difficulty round, 1,411.2 BTC (70%) going towards dividends giving 0.00014112 BTC per share per round.
• 05%, they would mine 2,520 BTC per difficulty round, 1,764.0 BTC (70%) going towards dividends giving 0.00017640 BTC per share per round.
• 06%, they would mine 3,024 BTC per difficulty round, 2,116.8 BTC (70%) going towards dividends giving 0.00021168 BTC per share per round.
• 07%, they would mine 3,528 BTC per difficulty round, 2,469.6 BTC (70%) going towards dividends giving 0.00024696 BTC per share per round.
• 08%, they would mine 4,032 BTC per difficulty round, 2,822.4 BTC (70%) going towards dividends giving 0.00028224 BTC per share per round.
• 09%, they would mine 4,536 BTC per difficulty round, 3,175.2 BTC (70%) going towards dividends giving 0.00031752 BTC per share per round.
• 10%, they would mine 5,040 BTC per difficulty round, 3,528.0 BTC (70%) going towards dividends giving 0.00035280 BTC per share per round.

You mixed up T with P.

He also forgot to say that if LC hashed at 50 PH and the network hashrate was 50 PH then LC would mine a gazillion bitcoins and they'd all be rich.

Just be wary of what this fruitcake says.  His plan is to get to 1000 btc by the end of this year and he will do ANYTHING to achieve his goal so he can come back into these forums and gloat about how he's got all of your money.  FACT.

Behold, the FUDsters response to solid mathematical facts!

[Stuartuk]

And you are the positive-FUDster who isn't even familiar with original IPO post on this thread (post 1) yet is the biggest cheerleader here.

Leading the lambs to the slaughter.


EDIT- I'll ask you again - answer the question, why are you the big cheerleader but you don't research the company or even read the first page of this thread? Are you just here for the big sell when you big up the stock one minute then literally dump everything you have the next minute? I am right?

[VolanicEruptor]

nothing he says.....affects the share price.

Major BS.

You are saying upwards of 50 posts a day from this liar bigging up the stock wont cause anyone to have more confidence? You have no clue.

50 posts mean nothing if they have no substance.  He thinks he's scaring away the sheep with his mighty roar.. when in fact its the lion behind him.  I do have a clue.. the true FUD players and price pumpers are the ones who come up with convincing theories and well thought out posts.  Most of the spamming from other shitheads just go ignored..

[Stuartuk]

nothing he says.....affects the share price.

Major BS.

You are saying upwards of 50 posts a day from this liar bigging up the stock wont cause anyone to have more confidence? You have no clue.

50 posts mean nothing if they have no substance.  He thinks he's scaring away the sheep with his mighty roar.. when in fact its the lion behind him.  I do have a clue.. the true FUD players and price pumpers are the ones who come up with convincing theories and well thought out posts.  Most of the spamming from other shitheads just go ignored..

OK OK you are right because you have done a survey and you also know exactly how inexperienced investors think and react to 'authority' posts on a thread. Get a grip man.