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

[AngelSky]

You guys are so optimistic 0.004-0.005 would be good enough and sounds reasonable

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[velacreations]

You guys are so optimistic 0.004-0.005 would be good enough and sounds reasonable

if things go according to plan, I can certainly see beyond .005, but .01 is a bit of a stretch, IMO. 

[TMAN]

.5% of the network. Plus it will be proved as not a scam. Add in people wanting ASIC miner type growth, I can see it being hit. Currently the price is suppressed as part of the community still sees this as a scam

[physalis]

You guys are so optimistic 0.004-0.005 would be good enough and sounds reasonable

0.01 right now is optimistic, yeah. But I can easily see the price double, going to ~0.007.
I'll put in another 70 BTC myself on the first actual convincing proof that they are mining with their hardware.

.5% of the network. Plus it will be proved as not a scam. Add in people wanting ASIC miner type growth, I can see it being hit. Currently the price is suppressed as part of the community still sees this as a scam

Exactly.

[TMAN]

The price is low enough to attract a lot more investment when we have proof.  4 or 5 x current price isn't out of order..

[velacreations]

The price is low enough to attract a lot more investment when we have proof.  4 or 5 x current price isn't out of order..

if it rises that much, it won't stay there.  We'll be lucky with it staying above .005.

[physalis]

2000BTC just to get to 007..

Asks are not set in stone. They will be moved.

[TMAN]

Don't you think a lot of those will be pulled as the price spikes up?

[Bitcycle]

All these people saying it's going to stay under 0.01...

People were saying it was going to stay at 0.0016 too.  How'd that work out?

[creativex]

I'd be concerned about friedcat stealing the thunder. Who knows what he's going to do with those ad spots he just bought.

[velacreations]

I'd be concerned about friedcat stealing the thunder. Who knows what he's going to do with those ad spots he just bought.

he'll be advertising the new blades, as he's done in the past.  I don't know if that will warrant a huge surge in AM share price, but we'll likely see a bump from it.

if LC comes online, they will be center show, I guarantee it.  LC has a way of stealing the attention from everyone else... 

[TMAN]

Labcoin will hash this coming week and the price will rise. You have to think what returns will be like based on current price. Ie how much is this company worth when they have the 2-300th online..

[AngelSky]

I'd be concerned about friedcat stealing the thunder. Who knows what he's going to do with those ad spots he just bought.

Sell some USB collector stickers ?

[velacreations]

Ie how much is this company worth when they have the 2-300th online..

yeah, but they won't have that online for some time.  And getting 4 TH/s online and 300 TH/s online are 2 very different things.

[Mabsark]

Ie how much is this company worth when they have the 2-300th online..

yeah, but they won't have that online for some time.  And getting 4 TH/s online and 300 TH/s online are 2 very different things.

That 300 TH/s will be based on the 2nd gen chip, which should help make it easier to mange.

[TMAN]

Well someone who hall rolled out 4th will have. Lot better chance of rolling out 300th than some of the latest securities being listed.

[boyohi]

The excitement grows as the day draws near. 

[AngelSky]

The excitement grows as the day draws near.  

Let's keep cool, but meanwhile why not listen to http://www.youtube.com/watch?v=rv3EY4k3yrY  

[bclcjunkie]

we'll see vela, but i like your scepticism...

The price is low enough to attract a lot more investment when we have proof.  4 or 5 x current price isn't out of order..

if it rises that much, it won't stay there.  We'll be lucky with it staying above .005.

[Vigil]

Didn't Labcoin state it was going to show pictures before they started hashing on the 10th?