redbeans2012
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September 22, 2013, 05:01:05 PM |
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Well it looks like that address is getting ~0.11BTC every hour, which is equal to around 600GH/s. That's if they're mining.
Well 600GH/s is better than nothing but it's definitely not 2TH/s or 4TH/s.
They are getting threshold payouts. They don't indicate the actual rate
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Ytterbium
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September 22, 2013, 05:05:30 PM |
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I was referring to "WARNING -- This asset has been flagged for potential violation of their Stockholder Agreement. Please place your orders accordingly."I wasn't able to trade unless I provided a BTC address and that does not mean labcoin members cant sell shares but they did say they wouldn't till 1 year, so far too much FUD. But transparency is what is needed for Labcoin to be a success They said they wouldn't sell more then 25% of the 30% of the shares they owned. So in other words they promised to hold 30*0.75 = 22.5% of the shares. Amazingly, burnside didn't realize this when he wrote his warning and post, and thought they were supposed to hold 30%, and not sell any at all (only make money through dividends) Even though the news about not selling 75% of their shares was posted as a news item on BTCT.co.
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VolanicEruptor
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September 22, 2013, 05:10:22 PM |
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we need that btcguild announcement on btct news.. there is so much noise in this thread that some people are still unaware of it
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Ytterbium
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September 22, 2013, 05:10:46 PM |
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Also, shouldn't the hash rate be going up constantly if they planned on having 10th soon? If you have a working chips and figured out what you need to do, there's no reason the hash rate shouldn't be rising everyday.
Well I guess if you just bought someone elses machine, it would stay the same like it has until you could get more.
They went from 400 to 800 in about a day. It's also like 1AM in HK
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Ytterbium
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September 22, 2013, 05:14:50 PM |
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Just now in IRC: (adjusted timestamps to UTC) [05:03] <StalkBot> User TheSwede75 has just come *** ONLINE *** at bitcointalk.org ... [05:13] <StalkBot> User Labcoin has just come *** ONLINE *** at bitcointalk.org
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Bitcycle
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September 22, 2013, 05:15:18 PM |
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Also, shouldn't the hash rate be going up constantly if they planned on having 10th soon? If you have a working chips and figured out what you need to do, there's no reason the hash rate shouldn't be rising everyday.
Well I guess if you just bought someone elses machine, it would stay the same like it has until you could get more.
They went from 400 to 800 in about a day. It's also like 1AM in HK Not to mention it was Sunday. During a typhoon. Now if it's not higher by Tuesday there, I'm worried.
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Pale Phoenix
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September 22, 2013, 05:27:24 PM |
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we need that btcguild announcement on btct news.. there is so much noise in this thread that some people are still unaware of it Looks like this was just done. EDIT: But the language is imprecise. I can't imagine why the first clause of the first sentence was included:
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ShroomsKit
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September 22, 2013, 05:29:29 PM |
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Labcoin, when you said something like "it's in our best interest to make sure the share price goes up" was that a lie? Because it seems you are doing everything you can to make sure the price goes down. You are hashing and the price isn't even near where it was before you started hashing. You know why? Because you act like a totally clueless amateur. The price should actually be higher than it was before not lower. You could've easily prevented this with a few words. A few explanations, a few pictures. But it looks like you don't give a shit whatsoever. So let me ask that again. Is the above statement a lie? If not then why do you behave like this?
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Its price is not a very relevant factor in its adoption....
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VolanicEruptor
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September 22, 2013, 05:31:48 PM |
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we need that btcguild announcement on btct news.. there is so much noise in this thread that some people are still unaware of it Looks like this was just done. nice. I do agree with a recent post, calling it team "23 Labcoin" sounds ridiculous.. the 23 isn't part of the name, its the ranking
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Bitcycle
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September 22, 2013, 05:35:24 PM |
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we need that btcguild announcement on btct news.. there is so much noise in this thread that some people are still unaware of it Looks like this was just done. nice. I do agree with a recent post, calling it team "23 Labcoin" sounds ridiculous.. the 23 isn't part of the name, its the ranking The whole thing is poorly written, but at least it includes a link to the ranking page so people can see for themselves.
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drawingthesun
Legendary
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Activity: 1176
Merit: 1015
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September 22, 2013, 05:36:11 PM |
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The whole thing is poorly written, but at least it includes a link to the ranking page so people can see for themselves.
Lets just hope they don't fall off the top 25 teams.
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Pale Phoenix
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September 22, 2013, 05:41:53 PM |
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nice. I do agree with a recent post, calling it team "23 Labcoin" sounds ridiculous.. the 23 isn't part of the name, its the ranking
Agreed, as it just introduces another source of confusion if they slip from that spot. Also, as I mentioned above in an edit to my post, the first sentence is poorly constructed and contradictory. They really do need someone with communications experience to edit their announcements for clarity.
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VolanicEruptor
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September 22, 2013, 05:46:57 PM |
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nice. I do agree with a recent post, calling it team "23 Labcoin" sounds ridiculous.. the 23 isn't part of the name, its the ranking
Agreed, as it just introduces another source of confusion if they slip from that spot. Also, as I mentioned above in an edit to my post, the first sentence is poorly constructed and contradictory. They really do need someone with communications experience to edit their announcements for clarity. Is there no way to track the team if they slip off the list? If not then BTCguild needs to implement this.. like now. lol
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weaknesswaran
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September 22, 2013, 05:47:09 PM |
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nice. I do agree with a recent post, calling it team "23 Labcoin" sounds ridiculous.. the 23 isn't part of the name, its the ranking
Agreed, as it just introduces another source of confusion if they slip from that spot. Also, as I mentioned above in an edit to my post, the first sentence is poorly constructed and contradictory. They really do need someone with communications experience to edit their announcements for clarity. That´s marketing. Labcoin would be traded 0.005+ with proper marketing.
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VolanicEruptor
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September 22, 2013, 05:48:41 PM |
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BTW if anyone wants to make the share price fall below .002 again, just start a couple new teams with combined hash power from all the FUDsters and throw labcoin off the rank list. Buy up shares, rinse, repeat..
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Mabsark
Legendary
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Activity: 826
Merit: 1004
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September 22, 2013, 05:59:26 PM |
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The whole thing is poorly written, but at least it includes a link to the ranking page so people can see for themselves.
Lets just hope they don't fall off the top 25 teams. That would be face-palmingly unfortunate.
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abuelau
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September 22, 2013, 06:00:02 PM |
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BTW if anyone wants to make the share price fall below .002 again, just start a couple new teams with combined hash power from all the FUDsters and throw labcoin off the rank list. Buy up shares, rinse, repeat..
Don't give these kids any ideas!
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Bitcycle
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September 22, 2013, 06:03:09 PM |
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BTW if anyone wants to make the share price fall below .002 again, just start a couple new teams with combined hash power from all the FUDsters and throw labcoin off the rank list. Buy up shares, rinse, repeat..
I'm not sure the 486's of all the FUDsters could make the list.
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VolanicEruptor
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September 22, 2013, 06:04:27 PM |
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BTW if anyone wants to make the share price fall below .002 again, just start a couple new teams with combined hash power from all the FUDsters and throw labcoin off the rank list. Buy up shares, rinse, repeat..
I'm not sure the 486's of all the FUDsters could make the list. touche..lol I just pictured a bunch of 14 year old kids trying to mine with their iphones..
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ThePeshMod
Newbie
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Activity: 46
Merit: 0
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September 22, 2013, 06:08:21 PM |
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BTW if anyone wants to make the share price fall below .002 again, just start a couple new teams with combined hash power from all the FUDsters and throw labcoin off the rank list. Buy up shares, rinse, repeat..
I'm not sure the 486's of all the FUDsters could make the list. 2 teams * 15 BFL singles would throw us off the list. It's quite funny how little hashing power we got at the moment. Here's hoping more will be deployed fast.
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