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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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KCBitcoin
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September 18, 2013, 04:55:42 AM |
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Even if they have 50 Thash by October.. they will be way behind the curve.
what curve? |
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BitThink
Legendary
 Offline
Activity: 882
Merit: 1000
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September 18, 2013, 05:02:11 AM |
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All three transactions are relayed by nodes in Chicago. It cannot be coincident. So I doubt it belongs to labcoin. Most likely, next update will give us an address without coins and just for us to wait for the first block. |
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Vigil
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September 18, 2013, 05:05:50 AM |
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Even if they have 50 Thash by October.. they will be way behind the curve.
what curve? You know... "The Curve". |
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KCBitcoin
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September 18, 2013, 05:10:10 AM |
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All three transactions are relayed by nodes in Chicago. It cannot be coincident. So I doubt it belongs to labcoin. Most likely, next update will give us an address without coins and just for us to wait for the first block. So if a block generation is relayed by nodes in Chicago, it means the block was found by some mining hardware located in Chicago? |
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Jere.Jones
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September 18, 2013, 05:16:23 AM |
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All three transactions are relayed by nodes in Chicago. It cannot be coincident. So I doubt it belongs to labcoin. Most likely, next update will give us an address without coins and just for us to wait for the first block. So if a block generation is relayed by nodes in Chicago, it means the block was found by some mining hardware located in Chicago? No. It means that the node that first relayed the block to blockchain.info's servers was located, according to their geoip database, in Chicago. While it is possible that blockchain.info got it directly from the miner, it isn't certain or even likely that the hardware was located in Chicago. As an example, look at several of Asicminer's blocks. They come from all over. The last one came from Dallas. The one before that came from Germany. In this particular case, it is very suggestive since all three blocks came from the same geographical area, although not the same ip address. |
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BitCsByBit
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September 18, 2013, 05:19:11 AM |
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All three transactions are relayed by nodes in Chicago. It cannot be coincident. So I doubt it belongs to labcoin. Most likely, next update will give us an address without coins and just for us to wait for the first block. So if a block generation is relayed by nodes in Chicago, it means the block was found by some mining hardware located in Chicago? No. Also the three blocks have been relayed by 2 different IP addresses. So I doubt it would be someone in Chicago, using 2 different Internet providers, mining to the same wallet address . It is a known fact that Bitsyncom was mining with their Avalons before shipping them, and in that case different relay IP's were going to 1 wallet address. |
Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
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Anotheranonlol
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September 18, 2013, 05:35:29 AM |
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One of these times they are going to do something right.
If we just love labcoin a little bit more, maybe he'll change. He keeps saying we just need to have a little more patience and he'll really do right by us. We really did get out of line questioning his beautiful chip photography. We know our sweet labcoin was just working really hard late last night and that's why he and his dividend never showed. Maybe tonight we should cook an extra special dinner for him whenever he arrives.  +1 this is strong case of battered wife syndrome investors need to wipe away their sniffles and apologize for FUD and posting clock timers.. they're making labcoin mad it's their fault labcoin never found a block |
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foxykah
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September 18, 2013, 05:47:39 AM |
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I had to read through ~40 pages to catch up with the thread, and I am totally disappointed. And not only because LC delayed everything again, but also, and mainly because there was only like 2 posts of value in that 40 pages. This thread is just crammed with unuseable bullshit...
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Good things come to those who wait.
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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September 18, 2013, 05:52:36 AM |
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I had to read through ~40 pages to catch up with the thread, and I am totally disappointed. And not only because LC delayed everything again, but also, and mainly because there was only like 2 posts of value in that 40 pages. This thread is just crammed with unuseable bullshit...
Not hard for there to be FUD in this thread when the "2 posts of value" are not actually calming anyone down. In fact all of Labcoin's posts seem to be designed to cause further FUD and market drops. I wonder why that is? |
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demzie
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September 18, 2013, 05:55:30 AM |
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Alice in Wonderland would be jealous @ this thread.. So much fantasy..
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Bitcycle
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September 18, 2013, 06:16:44 AM
Last edit: September 18, 2013, 06:32:22 AM by Bitcycle |
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Some buys, bids moving up. Less than 1000 shares sold since the dump right at the last announcement, which was like 7 hours ago. People seem to have more faith than I do.  EDIT- spoke too soon. Someone decided to dump for some weird reason. I'd have placed an ask, buddy. People are buying. Oh well. |
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Ytterbium
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September 18, 2013, 08:47:56 AM |
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Reminder on their timing: Dividend day was previously miscalculated, i apologize, expect the first payment on Tue 24/9 and mining address proof in less than 24 hours as promised.
Soo... 07:46:36 PM UTC (server time), today. |
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Multi
Member
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Activity: 90
Merit: 10
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September 18, 2013, 09:05:14 AM |
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jeffhuys
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September 18, 2013, 10:43:23 AM |
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I actually created a script that sends a message to my phone whenever Labcoin comes online, as well as hourly labcoin updates (bid/ask and profit).
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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September 18, 2013, 10:47:05 AM |
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I actually created a script that sends a message to my phone whenever Labcoin comes online, as well as hourly labcoin updates (bid/ask and profit).
How is the message sent to the phone? Email or actual sms? |
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Luckybit
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September 18, 2013, 11:05:49 AM |
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I actually created a script that sends a message to my phone whenever Labcoin comes online, as well as hourly labcoin updates (bid/ask and profit).
How is the message sent to the phone? Email or actual sms? Code it to send out a tweet for the rest of us and post the twitter account so we can follow it. |
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jeffhuys
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September 18, 2013, 11:10:33 AM |
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I actually created a script that sends a message to my phone whenever Labcoin comes online, as well as hourly labcoin updates (bid/ask and profit).
How is the message sent to the phone? Email or actual sms? It's a push message for the iPhone. |
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jeffhuys
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September 18, 2013, 11:11:42 AM |
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I actually created a script that sends a message to my phone whenever Labcoin comes online, as well as hourly labcoin updates (bid/ask and profit).
How is the message sent to the phone? Email or actual sms? Code it to send out a tweet for the rest of us and post the twitter account so we can follow it. Hey yeah, could do that. Give me a few hours. Also, labcoin is now online |
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circuitry
Member
Offline
Activity: 61
Merit: 10
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September 18, 2013, 11:29:15 AM |
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Code it to send out a tweet for the rest of us and post the twitter account so we can follow it.
+1 God bless lazy people with programming skills. |
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