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Ytterbium
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August 28, 2013, 03:45:57 PM |
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BTW: this bet: http://bitbet.us/bet/521/labcoins-own-130nm-design-sample-chips-will-be/The problem is - even though labcoin said it would be sending out sample chips, they never said they'd have them out by the 12th of September. That's only 15 days away, and we don't know who's getting them. The people getting them may not have big forum presences. The only one I know if that's actually said they'd be getting one is TheSweed, who might qualify as a "shill" Labcoin has promised to be up and hashing with a few TH in the next few weeks. They never claimed they'd have sample chips in the hands of 5 well-known forum members by 9/12. |
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AngelSky
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August 28, 2013, 03:46:22 PM |
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let's start bids for deseparated shareholder of AM to make an ad on this thread.
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Rival
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August 28, 2013, 03:49:16 PM |
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let's start bids for deseparated shareholder of AM to make an ad on this thread.
Please tell us we are not going to be deseparated. That sounds... painful. |
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Mabsark
Legendary
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Activity: 826
Merit: 1004
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August 28, 2013, 03:49:43 PM |
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I didn't say they would be as successful, I said it was certainly a possibility. Labcoin are also working on their 2nd gen ASIC, which won't be that long behind AM's.
Yeah, and they don't even have their 1st gen operational, yet. That's what you are betting on, that they won't be too far behind everyone else? Yikes  No. I simply stated that Labcoin's 2nd gen ASIC will not be that long behind AM's. Do you not understand English? AM's 2nd gen chips will be out later than KnC's 28nm ASICs. AM is therefore clearly doomed to failure!!!!! |
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AngelSky
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August 28, 2013, 03:50:35 PM |
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I didn't say they would be as successful, I said it was certainly a possibility. Labcoin are also working on their 2nd gen ASIC, which won't be that long behind AM's.
Yeah, and they don't even have their 1st gen operational, yet. That's what you are betting on, that they won't be too far behind everyone else? Yikes No. I simply stated that Labcoin's 2nd gen ASIC will not be that long behind AM's. Do you not understand English? AM's 2nd gen chips will be out later than KnC's 28nm ASICs. AM is therefore clearly doomed to failure!!!!! And that's what the market is saying too |
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velacreations
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August 28, 2013, 03:52:29 PM |
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What's so hilarious to me, is that I've been saying that AM price would drop to 2.x due to competition for months now and Vela and his buds from the AM spec thread called me a troll, delusional and that the price would soon hit 10 BTC.
Vela's predictions are based on hopes and wishes.
I never said 10 btc or a troll. And truth be told, your price predictions eventually came true, but after AM reached significant highs. AM's recent decline to 2.x can hardly be blamed on competition. If you are really blaming it on that, where do you place the blame for the double flash crash with LC last night? |
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velacreations
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August 28, 2013, 03:54:13 PM |
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No. I simply stated that Labcoin's 2nd gen ASIC will not be that long behind AM's. Do you not understand English?
AM's 2nd gen chips will be out later than KnC's 28nm ASICs. AM is therefore clearly doomed to failure!!!!!
You are saying LC will have their 2nd Gen after everyone else. Got it. |
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Ytterbium
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August 28, 2013, 03:56:31 PM |
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You'd have to be silly to pick AM over Labcoin at the moment.
That's silly. Weren't you saying that when the news hit, we'd see over .004 for LC, too? And what happened? I mean, look at the history for the 2 for the past 24 hours. LC news was delayed a bit, and the share crashed. Twice. Meanwhile, AM updates prices, and btc starts flowing in to their share price. Where do you think that new AM coin is coming from? Now, I'm not saying that AM can't drop more, but saying that LC is the better pick right now is ridiculous. LC has bigger profit potential and substantially higher risk, and the market knows it (look at LC chart for the last 24 hours). It takes just one delay to crash LC beyond recovery. AM has more room for error. I think people here understand that LC is the challenger. BTW what did you say when AM crashed from 3.6 to 2.7 in less than 24 hours ? What's so hilarious to me, is that I've been saying that AM price would drop to 2.x due to competition for months now and Vela and his buds from the AM spec thread called me a troll, delusional and that the price would soon hit 10 BTC. Vela's predictions are based on hopes and wishes. The problem with these stocks is there is basically a finite cap on how many bitcoin can be mined. If the price of bitcoin goes up, the dollar value of the shares goes up as well. But the nominal value in BTC stays the same. In fact, it may go down because a higher dollar price will increase mining competition even more, bring more new entrants and increase the difficulty even quicker, resulting in either a smaller network share or a requirement to re-invest even more. In fact... the share price of ASICMiner is 2.8 right now. With 400k shares that means it has a market value of 1.120 million bitcoins. In dollars right now that's $ 132m USD at the bitstamp price of $118 (or $144.4m at the b.s. MtGox price) What would be crazy - I think if the price of BTC were to hit $1000, we might see companies do IPOs to fund build their own lower-tech, small scale fabs. While the huge, industrial fabs cost billions - that's usually the cost to build at the smallest process node available. The fabrication process is not all that complex. Obviously there is a lot of secret information the big companies keep close to their chest, but for 110, 130nm design it might not be that difficult to do it with cheap equipment. |
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AngelSky
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August 28, 2013, 03:58:52 PM |
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Can't wait to see what will happen when the real pictures will be posted  |
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Mabsark
Legendary
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Activity: 826
Merit: 1004
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August 28, 2013, 04:01:09 PM |
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I mean, look at the history for the 2 for the past 24 hours. LC news was delayed a bit, and the share crashed. Twice. Meanwhile, AM updates prices, and btc starts flowing in to their share price. Where do you think that new AM coin is coming from?
Who cares? The market cares. There are only so many btc to go around. If one security is gaining at the expense of the other, then clearly, the market favors the first. Like I said, Labcoin already have their funding, so it make no difference who the market favours at this point. Labcoin's success is not dependant upon the market, it' the other way around. Now, I'm not saying that AM can't drop more, but saying that LC is the better pick right now is ridiculous. LC has bigger profit potential and substantially higher risk, and the market knows it (look at LC chart for the last 24 hours).
That's exactly why Labcoin is the better investment. So higher risk = better investment? Greater potential for profit with slightly higher risk is what makes it the better investment. It takes just one delay to crash LC beyond recovery. AM has more room for error.
Nonsense. Labcoin already has the funding it requires. The current price of shares is irrelevant to its success. If the price crashed to 0.00001 right now, it would shoot straight back up as soon as Labcoin brought hashing power online. Not necessarily. If they fail to meet deadlines and have extended delays, they will certainly fall behind the competition, and their chances of success decline substantially. LC has little room for error and a small window to hit success. A few stumbles and/or competition rises: they will fall behind. Just because they have the money does not guarantee success. Now, they have to actually deliver. Did you miss or just ignore the part where I said that if the price crashed, it would shoot up as soon hashing power came online? |
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physalis
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August 28, 2013, 04:01:27 PM |
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No. I simply stated that Labcoin's 2nd gen ASIC will not be that long behind AM's. Do you not understand English?
AM's 2nd gen chips will be out later than KnC's 28nm ASICs. AM is therefore clearly doomed to failure!!!!!
You are saying LC will have their 2nd Gen after everyone else. Got it. No, he's not saying that. And you're deliberately misunderstanding him, just stop that. There is absolutely no reason right now to assume that AM will have their 2nd gen any sooner than LC will. And even if they get it earlier, LC doesn't need to match their speed to become absolutely successful. If they just manage to deploy at a fraction of the rate that AM leads with, they'll be totally fine. This isn't a game that only 1 company can win, jeez. If it was, that would be absolutely horrible for bitcoin. |
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velacreations
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August 28, 2013, 04:09:55 PM |
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Like I said, Labcoin already have their funding, so it make no difference who the market favours at this point. Labcoin's success is not dependant upon the market, it' the other way around.
it makes a difference to the investors. LC can eventually succeed, even after a lot of stumbles, but if their stock price goes to shit, then it really doesn't matter if they succeed or not for people who are investing. Did you miss or just ignore the part where I said that if the price crashed, it would shoot up as soon hashing power came online?
I ignored your speculation, cause a recovery depends a lot more on just you saying it will happen. |
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velacreations
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August 28, 2013, 04:10:24 PM |
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There is absolutely no reason right now to assume that AM will have their 2nd gen any sooner than LC will.
Yes there is, AM has Gen2 in the works. LC hasn't even delivered on Gen 1. There is absolutely no reason to assume that LC will even deliver Gen 2 at this point. And even if they get it earlier, LC doesn't need to match their speed to become absolutely successful. If they just manage to deploy at a fraction of the rate that AM leads with, they'll be totally fine. This isn't a game that only 1 company can win, jeez. If it was, that would be absolutely horrible for bitcoin.
Like I said, they can still profit even if they come in behind everyone else, but you guys are not assuming that when you are predicting share prices of .01 or .1, are you? I have been referring to the notion that LC will be as successful as AM. With what we know about LC today, I find that notion completely absurd. Can LC be successful? yes Can they match AM's level of success? with their current plan, very doubtful |
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deltanine
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August 28, 2013, 04:14:05 PM |
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What's so hilarious to me, is that I've been saying that AM price would drop to 2.x due to competition for months now and Vela and his buds from the AM spec thread called me a troll, delusional and that the price would soon hit 10 BTC.
Vela's predictions are based on hopes and wishes.
No. I simply stated that Labcoin's 2nd gen ASIC will not be that long behind AM's. Do you not understand English?
AM's 2nd gen chips will be out later than KnC's 28nm ASICs. AM is therefore clearly doomed to failure!!!!!
AM is doomed by future competition? And how is Labcoin immune to competition that already exists? Who is hoping and wishing now? |
Freedom is a state of mind, and then Bitcoin comes along.....
-S4VV4S
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Mabsark
Legendary
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Activity: 826
Merit: 1004
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August 28, 2013, 04:16:51 PM |
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Like I said, Labcoin already have their funding, so it make no difference who the market favours at this point. Labcoin's success is not dependant upon the market, it' the other way around.
it makes a difference to the investors. LC can eventually succeed, even after a lot of stumbles, but if their stock price goes to shit, then it really doesn't matter if they succeed or not for people who are investing. Did you miss or just ignore the part where I said that if the price crashed, it would shoot up as soon hashing power came online?
I ignored your speculation, cause a recovery depends a lot more on just you saying it will happen. The stock price going to shit would make no difference at the moment to investors. Once Labcoin is fully up and running, then it will matter if the stock price goes to shit. As an investor, I will start to care about the share price in October when the ~50 TH/s comes online. As for you ignoring my "speculation", why comment on a scenario then ignore the actual point of that scenario? That just doesn't make any sense. |
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Bitcycle
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August 28, 2013, 04:16:55 PM |
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Support for this stock is surprisingly weak. They make an official status update and the price is still lower than it was 24 hours ago.
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nickwen
Member
Offline
Activity: 261
Merit: 10
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August 28, 2013, 04:17:57 PM |
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has any "real" thing released ?
New Website?
New Chip?
any explanation?
or only new excuse ?
we still got nothing Since IPO to now
Sure, We have "Photoshop Image" , "A lot Excuse", and no more
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physalis
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August 28, 2013, 04:19:08 PM |
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Yes there is, AM has Gen2 in the works. LC hasn't even delivered on Gen 1. There is absolutely no reason to assume that LC will even deliver Gen 2 at this point.
LC has Gen2 in the works too.... possibly longer than AM. |
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Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
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August 28, 2013, 04:21:15 PM |
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What's so hilarious to me, is that I've been saying that AM price would drop to 2.x due to competition for months now and Vela and his buds from the AM spec thread called me a troll, delusional and that the price would soon hit 10 BTC.
Vela's predictions are based on hopes and wishes.
No. I simply stated that Labcoin's 2nd gen ASIC will not be that long behind AM's. Do you not understand English?
AM's 2nd gen chips will be out later than KnC's 28nm ASICs. AM is therefore clearly doomed to failure!!!!!
AM is doomed by future competition? And how is Labcoin immune to competition that already exists? Who is hoping and wishing now? |
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