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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
Bitcycle
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September 13, 2013, 05:27:46 PM
 #8041


Sell side is increasing.  The market is not expecting satisfaction today.

If it did somehow break through 0.004, it might run a good long way, though.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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September 13, 2013, 05:30:51 PM
 #8042


it's very easy to join a pool and prove that they are indeed hashing.  It is very easy to publish the mining address.  It is very easy to let investors know what the hell is going on.


For some benefit of doubt, if their program didn't include the functionality of joining a pool in the first place, it takes some time adjust that. That said I'm not sure whether publicly released programs offer functionality to work with large and expandable ASIC farms off-the-shelf; the last time I looked they seem to be designed for standalone PC's with hashers connected as plug-and-play hardware, not routers / servers that connect to racks of ASICs through LAN.

If they could solo mine, they can mine on a pool in about 1 minute to change the configuration. Actually mining on a pool is MUCH easier to set up than solo mine.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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September 13, 2013, 06:03:37 PM
 #8043


it's very easy to join a pool and prove that they are indeed hashing.  It is very easy to publish the mining address.  It is very easy to let investors know what the hell is going on.


For some benefit of doubt, if their program didn't include the functionality of joining a pool in the first place, it takes some time adjust that. That said I'm not sure whether publicly released programs offer functionality to work with large and expandable ASIC farms off-the-shelf; the last time I looked they seem to be designed for standalone PC's with hashers connected as plug-and-play hardware, not routers / servers that connect to racks of ASICs through LAN.

If they could solo mine, they can mine on a pool in about 1 minute to change the configuration. Actually mining on a pool is MUCH easier to set up than solo mine.

Yes with cgminer if they use anything different could be much harder.
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September 13, 2013, 06:24:02 PM
 #8044


Timer removed. End time: 2013-09-14+01:00:00UTC
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September 13, 2013, 06:32:55 PM
 #8045

Amazing as the retard fudidiots go away, the price go's up.
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September 13, 2013, 06:36:40 PM
 #8046

Amazing as the retard fudidiots go away, the price go's up.
Keep some fiat backup in btct - they will return!
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September 13, 2013, 07:10:34 PM
 #8047

labcoin and Swede online, so what's up ? Words ? Pictures ? Mining address ?
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September 13, 2013, 07:11:13 PM
 #8048

labcoin and Swede online, so what's up ? Words ? Pictures ? Mining address ?

Over 5 hours to go.
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September 13, 2013, 07:18:06 PM
 #8049

labcoin and Swede online, so what's up ? Words ? Pictures ? Mining address ?

Over 5 hours to go.

Thanks big ben

A Member of the LCSH
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September 13, 2013, 07:19:09 PM
 #8050

labcoin and Swede online, so what's up ? Words ? Pictures ? Mining address ?

Over 5 hours to go.

Thanks big ben

Tick tock goes the clock.
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September 13, 2013, 07:19:36 PM
 #8051

labcoin and Swede online, so what's up ? Words ? Pictures ? Mining address ?


Well early for once maybe, could be encouraging

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Bitcycle
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September 13, 2013, 07:25:44 PM
 #8052

labcoin and Swede online, so what's up ? Words ? Pictures ? Mining address ?


Well early for once maybe, could be encouraging

It would be nice if they didn't last-minute it.
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September 13, 2013, 07:29:06 PM
 #8053

If they're early a bunch of people will bitch that they were robbed of their chance to trade on the news Tongue

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September 13, 2013, 07:29:33 PM
 #8054

It would be nice if they didn't last-minute it.

you know they will...

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September 13, 2013, 07:29:38 PM
 #8055

If they're early a bunch of people will get upset claiming they missed their chance to trade on the news Tongue

And I'll be one of them
abuelau
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September 13, 2013, 07:30:03 PM
 #8056

If they're early a bunch of people will get upset claiming they missed their chance to trade on the news Tongue

That would be nice so they learn to invest long term instead of trading every 30 secs

Know what's happening in cryptoworld: www.coinschedule.com
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September 13, 2013, 07:30:07 PM
 #8057

so what they are the day traders not the holders. I don't have the nerve for that sh*t.

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JohnyBigs
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September 13, 2013, 07:33:21 PM
 #8058

If they're early a bunch of people will get upset claiming they missed their chance to trade on the news Tongue

And I'll be one of them

Your name wouldn't be FUD if you didnt.
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September 13, 2013, 07:35:12 PM
 #8059

so what they are the day traders not the holders. I don't have the nerve for that sh*t.

When the IPO happened early and people couldn't deposit money quick enough, there were a bunch of people ranting about how they missed their chance to flood the IPO orderbook with massive amounts of bitcoin and reduce the shares of everyone else, even though they all claimed they planned to flip the shares for 2x/3x.

Price doesn't matter that much in the short term, but I'd definitely like to see the fudster's eat it and I'm guessing Labcoin and TheSweed would too, at this point.

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September 13, 2013, 07:35:31 PM
 #8060

Your name wouldn't be FUD if you didnt.

My name isn't FUD. It's N_S. It' says that right over on the left.
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