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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
demzie
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September 19, 2013, 12:33:58 PM
 #11901

To buy or not to buy?

I have 1951 and im itching to buy maybe 6BTC worth..  Yay or nay?

Yay
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camu6
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September 19, 2013, 12:34:28 PM
Last edit: September 20, 2013, 02:45:03 PM by camu6
 #11902

To buy or not to buy?

I have 1951 and im itching to buy maybe 6BTC worth..  Yay or nay?

Dont listen to anyone here.
abuelau
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September 19, 2013, 12:36:45 PM
 #11903

To buy or not to buy?

I have 1951 and im itching to buy maybe 6BTC worth..  Yay or nay?

Think like this:

Worst case scenario: you buy for .0029 now and sell for, let's say .002 in case people start dumping. You lost about 30% value.
Best case scenario: you buy for .0029 now and sell for, let's say .01 in case mining is as promised  all is good. You made 200%

Do you really have to think too much?



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zefyr0s
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September 19, 2013, 12:39:54 PM
 #11904

Wow, a very compelling argument, abuelau.

NineLives: Is this the only security you have? Might be wiser to diversify as opposed to eggs all in one basket.
Bitcycle
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September 19, 2013, 12:40:16 PM
 #11905

How's that silence working out?

Price still stalled, people still have an awful opinion of Labcoin.

You know what might work?

Telling us what's going on.

Just an idea.  
BombaUcigasa
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September 19, 2013, 12:48:15 PM
 #11906

There is this thing called p2pool:
- Bitcoins are generated directly to your address (these are new fresh coins you might find, or high difficulty shares in the pool)
- Bitcoins are proportional to your hashrate (little variance)
- No pool accounts required, pushpool/proxy pool possible
- Lock and load, no manual actions needed
- Pool rate 10.8TH/s (2TH would be significant here, you can check speeds without finding blocks)
- Expected time to block 12.3 hours (2 blocks found every day, confirming they hash)

http://p2pool.org:9332/static/

Why don't they use this? Here's how a p2pool miner wallet looks like: https://blockchain.info/address/14brPwTZA8jB3AVRpMKhvLYFQGr5GJGRMN
runam0k
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September 19, 2013, 12:50:51 PM
 #11907

I quite liked Eligius. Reliable for the (admittedly) short time I used it. I think they're up to ~25TH.

Either way, better to use more than one pool, no? One Avalon on each? Wink
NineLives
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September 19, 2013, 12:56:37 PM
 #11908

I'm trying to buy but its greyed out?  I have plenty of balance?

What am I doing wrong?

EDIT:  Balance on the top of btct.co shows plenty but in the wallet shows 0?

Bitcoin Mining Hardware:   www.mininghardware.co.uk
oxideNL
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September 19, 2013, 01:01:25 PM
 #11909

I'm trying to buy but its greyed out?  I have plenty of balance?

What am I doing wrong?

EDIT:  Balance on the top of btct.co shows plenty but in the wallet shows 0?
Go to /account and than Settings
Fill in the Public Withdrawal Address: (your address)

Enter pin and press Enter.

Walla you can now trade again Smiley

Regarding :
Edit:  Balance on the top of btct.co shows plenty but in the wallet shows 0?

Hit refresh? @ wallet
jeffhuys
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September 19, 2013, 01:05:19 PM
 #11910

Yeah, they require a payout address in case of emergency.

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September 19, 2013, 01:05:23 PM
 #11911

I'm trying to buy but its greyed out?  I have plenty of balance?

What am I doing wrong?

EDIT:  Balance on the top of btct.co shows plenty but in the wallet shows 0?
Go to /account and than Settings
Fill in the Public Withdrawal Address: (your address)

Enter pin and press Enter.

Walla you can now trade again Smiley

Regarding :
Edit:  Balance on the top of btct.co shows plenty but in the wallet shows 0?

Hit refresh? @ wallet

Walla? You mean voila perhaps?

Its price is not a very relevant factor in its adoption....
oxideNL
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September 19, 2013, 01:07:16 PM
 #11912

I'm trying to buy but its greyed out?  I have plenty of balance?

What am I doing wrong?

EDIT:  Balance on the top of btct.co shows plenty but in the wallet shows 0?
Go to /account and than Settings
Fill in the Public Withdrawal Address: (your address)

Enter pin and press Enter.

Walla you can now trade again Smiley

Regarding :
Edit:  Balance on the top of btct.co shows plenty but in the wallet shows 0?

Hit refresh? @ wallet

Walla? You mean voila perhaps?
No no.. we use Walla now.
It's a dutch bontkraagje thing
jeffhuys
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September 19, 2013, 01:14:26 PM
 #11913

I'm trying to buy but its greyed out?  I have plenty of balance?

What am I doing wrong?

EDIT:  Balance on the top of btct.co shows plenty but in the wallet shows 0?
Go to /account and than Settings
Fill in the Public Withdrawal Address: (your address)

Enter pin and press Enter.

Walla you can now trade again Smiley

Regarding :
Edit:  Balance on the top of btct.co shows plenty but in the wallet shows 0?

Hit refresh? @ wallet

Walla? You mean voila perhaps?
No no.. we use Walla now.
It's a dutch bontkraagje thing

It is? Saghbi, sluit je kaak.

NineLives
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September 19, 2013, 01:14:46 PM
 #11914

I'm trying to buy but its greyed out?  I have plenty of balance?

What am I doing wrong?

EDIT:  Balance on the top of btct.co shows plenty but in the wallet shows 0?
Go to /account and than Settings
Fill in the Public Withdrawal Address: (your address)

Enter pin and press Enter.

Walla you can now trade again Smiley

Regarding :
Edit:  Balance on the top of btct.co shows plenty but in the wallet shows 0?

Hit refresh? @ wallet

Ta Smiley

Bought some more shares..  GULP..  Total 3000.  Yes yes, its not much compared to most but I need to start somewhere..

Bitcoin Mining Hardware:   www.mininghardware.co.uk
codegnome
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September 19, 2013, 01:23:17 PM
 #11915


Bought some more shares..  GULP..  Total 3000.  Yes yes, its not much compared to most but I need to start somewhere..

Well, last week that was a good price. Hopefully we will return to that level.

I with you, I bought last night.

Edit: I bought when there was proof of mining. Which apparently wasn't the case, doh! So confusing on this thread.

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boyohi
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September 19, 2013, 01:26:43 PM
 #11916

Well now. That was an exciting 20 pages. Hope LC post a new picture so I can turn it into my new profile pic.

Amazing Company is going to the Sun!!!!!!
Bitcycle
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September 19, 2013, 01:31:09 PM
 #11917


The good news is they certainly seem to be able to hash sometimes, at some level.

ShroomsKit
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September 19, 2013, 01:33:22 PM
 #11918

You know what's sad. The price was already way higher. If they weren't such clueless clowns it would probably even be higher than that now.
Instead the price has a hard time now to get to that highest point even after they started hashing.

Its price is not a very relevant factor in its adoption....
runam0k
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September 19, 2013, 01:34:20 PM
 #11919

The good news is they certainly seem to be able to hash sometimes, at some level.
What's the market cap of this company again?
cix888
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September 19, 2013, 01:37:13 PM
 #11920


The good news is they certainly seem to be able to hash sometimes, at some level.



They had a software issue so it was unstable but it's been resolved.

seems they are hashing with more than 2TH when they change from solo to Pool

so it should/can only get better
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