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AngelSky
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September 13, 2013, 09:13:33 PM |
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Timer removed. End time: 2013-09-14+01:00:00UTC
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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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Bitcycle
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September 13, 2013, 09:23:47 PM |
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Predictions for the peak of the spike and what it settles down to?
I'm thinking maybe spike to 0.007 and settle at 0.0055 - 0.006. Depending on how many people cancel asks, of course.
Good news with poof will see us hit 0.009xx 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. If they have good evidence, I'm in support of them. If they have nothing but words and/or pictures of generic chips, may the stock burn in hell. |
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limbaugh
Legendary
 Offline
Activity: 1311
Merit: 1000
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September 13, 2013, 09:25:08 PM |
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Predictions for the peak of the spike and what it settles down to?
I'm thinking maybe spike to 0.007 and settle at 0.0055 - 0.006. Depending on how many people cancel asks, of course.
Good news with poof will see us hit 0.009xx 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. If they have good evidence, I'm in support of them. If they have nothing but words and/or pictures of generic chips, may the stock burn in hell. I guess you are holding for the announcement then. |
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Bitcycle
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September 13, 2013, 09:32:02 PM |
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Predictions for the peak of the spike and what it settles down to?
I'm thinking maybe spike to 0.007 and settle at 0.0055 - 0.006. Depending on how many people cancel asks, of course.
Good news with poof will see us hit 0.009xx 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. If they have good evidence, I'm in support of them. If they have nothing but words and/or pictures of generic chips, may the stock burn in hell. I guess you are holding for the announcement then. Yeah, holding what I have. Set some bids quite low if they screw it up, some asks quite high if they knock it out of the park. |
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zumzero
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September 13, 2013, 09:34:56 PM |
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Predictions for the peak of the spike and what it settles down to?
I'm thinking maybe spike to 0.007 and settle at 0.0055 - 0.006. Depending on how many people cancel asks, of course.
Good news with poof will see us hit 0.009xx 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. Gimme 3 hours or so and I'm sure I'll come up with something. Who wants to make a bet then? Are we sure there'll be news when that timer hits zero? |
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creativex
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September 13, 2013, 09:36:35 PM |
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You're kidding yourself if you think this thing won't look like a rocket launch on good news/solid proof of hashing. There are 1000BTC between here and .004 - the most that's been between "here" and "there" for a long time (relatively speaking) We've all seen how quickly those orders can vaporize/move in both directions. Counting on people leaving asks in place is a mistake, particularly as LC actually gave a date & time certain for news delivery for a change. .004(4x IPO) has been resistance thus far because LC has presented a whole lot of words with nothing much to back them. If/when those words get backed by something of even questionable merit many of those asks will disappear or get quickly eaten. |
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TMAN
Legendary
Offline
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
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September 13, 2013, 09:37:04 PM |
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Predictions for the peak of the spike and what it settles down to?
I'm thinking maybe spike to 0.007 and settle at 0.0055 - 0.006. Depending on how many people cancel asks, of course.
Good news with poof will see us hit 0.009xx 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. Gimme 3 hours or so and I'm sure I'll come up with something. Who wants to make a bet then? Are we sure there'll be news when that timer hits zero? We are taking a bet by holding the stock. |
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N_S
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September 13, 2013, 09:38:14 PM |
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I just can't wrap my head around how we could be at this point and then hear monumentally positive news...?
I mean, this isn't Hollywood.
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TMAN
Legendary
Offline
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
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September 13, 2013, 09:39:00 PM |
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All they need to do is backup what has been said
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Bitcycle
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September 13, 2013, 09:39:45 PM |
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You're kidding yourself if you think this thing won't look like a rocket launch on good news/solid proof of hashing. There are 1000BTC between here and .004 - the most that's been between "here" and "there" for a long time (relatively speaking) We've all seen how quickly those orders can vaporize/move in both directions. Counting on people leaving asks in place is a mistake, particularly as LC actually gave a date & time certain for news delivery for a change. .004(4x IPO) has been resistance thus far because LC has presented a whole lot of words with nothing much to back them. If/when those words get backed by something of even questionable merit many of those asks will disappear or get quickly eaten. 0.0075 is the big resistance point. 750 BTC in asks sitting there for some reason. I do expect a LOT of fingers to be hovering over 'cancel' buttons in a few hours, on both sides of the book. |
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radiumsoup
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September 13, 2013, 09:41:48 PM |
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You're kidding yourself if you think this thing won't look like a rocket launch on good news/solid proof of hashing. There are 1000BTC between here and .004 - the most that's been between "here" and "there" for a long time (relatively speaking) We've all seen how quickly those orders can vaporize/move in both directions. Counting on people leaving asks in place is a mistake, particularly as LC actually gave a date & time certain for news delivery for a change. .004(4x IPO) has been resistance thus far because LC has presented a whole lot of words with nothing much to back them. If/when those words get backed by something of even questionable merit many of those asks will disappear or get quickly eaten. Oh, I'm not counting on anything - just saying that there are more asks between here and .004 than I remember ever seeing. That's a lot of inertia to overcome, even if asks are pulled (but, really - if someone is expecting good news, why wouldn't they put their asks at their actual target now instead of waiting?) |
PGP fingerprint: 0x85beeabd110803b93d408b502d39b8875b282f86
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creativex
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September 13, 2013, 09:44:37 PM |
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Not following the soap opera as closely as you or I? .004 is a 300% gain over IPO price. .0075 is a...I think you get the point.
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AngelSky
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September 13, 2013, 09:59:16 PM |
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labcoin and Swede online, SO WHAT'S UP ?
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N_S
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September 13, 2013, 10:01:53 PM |
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labcoin and Swede online, SO WHAT'S UP ?
hopefully nothing for another 3hrs |
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zumzero
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September 13, 2013, 10:03:07 PM |
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Would it be a disaster if there were some positive news but the shareprice only went up to, let's say, 0.004 after an initial surge to 0.005?
I like people's optimism but even with good news, I can't see the price going that crazy, not when many speculators will start to sell the moment it reaches 0.0045.
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Ytterbium
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September 13, 2013, 10:05:11 PM |
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You're kidding yourself if you think this thing won't look like a rocket launch on good news/solid proof of hashing.
Agreed, it will likely shoot up to .01 Right now it's about 967BTC to 0.004. It was over 1000 earlier, but still. That's over $100,000 of asks that would need to be bought or filled to get to four. Getting to 0.01 would take 4,000 BTC. Like half a million dollars. I'm not seeing it. I'd be happy with 0.004. We might see some flippers like with the ActM eASIC deal (okay, I was one of them) but the order book is too deep to see a huge spike, unless those asks evaporate. Hashfast and cointerra combined did about $17 million in pre-orders. , at $7/Gh, that comes out to 2.4PH/s. Combined with existing mining capcity at 0.8Ph/s if Labcoin captures 50Th/s like they've planed by the end of October, they're likely looking at 1.5% of the network at the start of November, if HashFast and cointerra ship quickly. That means about 56 BTC/day (about 2 blocks), or 20k btc annualized. With 10m shares, that means an annualized dividend of just 0.00204. I don't think people are going to value LC like ASICMiner right off the bat. However, the dividend from October, before all this stuff hits the network should be pretty nice, although it will depend on how much hardware KnC ships in the same time frame. |
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abuelau
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September 13, 2013, 10:09:10 PM |
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You're kidding yourself if you think this thing won't look like a rocket launch on good news/solid proof of hashing.
Agreed, it will likely shoot up to .01 Right now it's about 967BTC to 0.004. It was over 1000 earlier, but still. That's over $100,000 of asks that would need to be bought or filled to get to four. Getting to 0.01 would take 4,000 BTC. Like half a million dollars. I'm not seeing it. I'd be happy with 0.004. We might see some flippers like with the ActM eASIC deal (okay, I was one of them) but the order book is too deep to see a huge spike, unless those asks evaporate. Hashfast and cointerra combined did about $17 million in pre-orders. , at $7/Gh, that comes out to 2.4PH/s. Combined with existing mining capcity at 0.8Ph/s if Labcoin captures 50Th/s like they've planed by the end of October, they're likely looking at 1.5% of the network at the start of November, if HashFast and cointerra ship quickly. That means about 56 BTC/day (about 2 blocks), or 20k btc annualized. With 10m shares, that means an annualized dividend of just 0.00204. I don't think people are going to value LC like ASICMiner right off the bat. However, the dividend from October, before all this stuff hits the network should be pretty nice, although it will depend on how much hardware KnC ships in the same time frame. This is not right. You are forgetting a few things: 1) Hardware sales profits 2) Labcoin will not stop at 50TH/s, objective is 200TH/s in December 3) It will not stop at 200TH/s in December either, they will continue and their objective is to capture 15% of the Network in the long run. So you cannot "annualize" the 50th/s dividends, it will be much more. |
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Bitcycle
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September 13, 2013, 10:09:26 PM |
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Would it be a disaster if there were some positive news but the shareprice only went up to, let's say, 0.004 after an initial surge to 0.005?
I like people's optimism but even with good news, I can't see the price going that crazy, not when many speculators will start to sell the moment it reaches 0.0045.
If they provide solid proof of hashing and it stabilizes at 0.004, I'm done with it. Better opportunities elsewhere. |
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Ytterbium
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September 13, 2013, 10:24:00 PM |
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So you cannot "annualize" the 50th/s dividends, it will be much more.
The problem is the rest of the network will also be growing. Labcoin may be growing faster, or slower, or they may be growing at the same rate. By the time we get to October, we should know more about the next few months of network size. But for now, we're trying to estimate the right price for the stock after the news comes out. Sadly, I don't think it'll hit 0.01 or anything crazy like that. Interestingly, TheSeven mentioned to creativex that their 65nm design could be ported to smaller process nodes. Moving to a 40nm size would be a step in the right direction. Moving to 28nm would drive everyone crazy since people are obsessed with that number, way more they should be. I don't know if they can afford NRE on a 28nm core, though. So yeah, I'd love to see the price double but I think the best we can hope for is a return to what the share price had been before all these PR problems materialized, 0.0038-0.004 Oh yeah, for old time's sake   |
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