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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079977 times)
SoylentCreek
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September 24, 2013, 05:03:09 PM
 #14141

฿ 0.00000147 per share this is with about 800-1TH.

Does this mean that if they have 500TH, that dividend would 500X more?

If they could bring 500TH online this very minute, then yes.  That being said, they cannot and will not be able to bring 500TH online before the difficulty goes up.  Still, IF they can bring 20TH online in the next couple of weeks, it is feasible to suggest that the div payout will be much higher.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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September 24, 2013, 05:03:47 PM
 #14142

This is it guys, we are the new rich!!

฿ 0.00000147 per share, oh boy, feels like ActiveMining, let the dozens of Satoshis flow...

Now serious, shouldn't the dividend distribution be halted until this BTCTC mess be resolved?

This people at Labcoin doesn't say anything, do we have options?
All btct shares will be converted to direct shares as soon as we receive official communication from Ethan Burnside before 31 October.
Dividends will be paid regularly until the btct platform is available.
I assume he meant, dividends will continue to be paid on the exchange until further notice (?)

Yes, I've read that, but i think we are in a special situation, they have messed up a lot till now, they should channel all their resources into giving this shares a new home, as problems may arise and have to be sorted out until BTCTC is closed down.

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September 24, 2013, 05:04:21 PM
 #14143

This is it guys, we are the new rich!!

฿ 0.00000147 per share, oh boy, feels like ActiveMining, let the dozens of Satoshis flow...

Now serious, shouldn't the dividend distribution be halted until this BTCTC mess be resolved?

This people at Labcoin doesn't say anything, do we have options?
All btct shares will be converted to direct shares as soon as we receive official communication from Ethan Burnside before 31 October.
Dividends will be paid regularly until the btct platform is available.
I assume he meant, dividends will continue to be paid on the exchange until further notice (?)
I'm pretty sure he meant, "until the new platform is available" - or "until btct is not available"... something to indicate divs will continue to be paid on BTCT as long as BTCT is still the exchange of record.

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September 24, 2013, 05:06:31 PM
 #14144

should we have received the dividends into our wallet yet? from what address is it coming from?

it's in your BTCT wallet

What do you mean? it doesn't automatically send it to my wallet? When I click on my wallet on BTCT, it shows 0 even though under dividends it shows the dividend.

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September 24, 2013, 05:07:10 PM
 #14145

Before the FUDsters that sold before the dividend come out of the woodwork, lets just take one bit of information and let it sink in.

Already the dividend is 147 satoshi, this is the lowest dividend you will ever receive as hash rate will expand faster than the network from here on out.

Let the good times come!

Also, people need to keep in mind that Divs are paid bi-weekly.  I'm not sure when they started hashing between 800GH - 1TH, but it certainly has not been for the last two weeks.  Even if their hash rate did not go up, the next should be higher.

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September 24, 2013, 05:10:04 PM
 #14146

Before the FUDsters that sold before the dividend come out of the woodwork, lets just take one bit of information and let it sink in.

Already the dividend is 147 satoshi, this is the lowest dividend you will ever receive as hash rate will expand faster than the network from here on out.

Let the good times come!

Also, people need to keep in mind that Divs are paid bi-weekly.  I'm not sure when they started hashing between 800GH - 1TH, but it certainly has not been for the last two weeks.  Even if their hash rate did not go up, the next should be higher.
Well, if you take a look at the blockchain payment dates. They started receiving payments a week ago from today, so assuming that everything goes well with the hashing starting today, we can expect 2 - 2.5x the current dividends (however, that would depend on multiple factors).
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September 24, 2013, 05:11:13 PM
 #14147

should we have received the dividends into our wallet yet? from what address is it coming from?

it's in your BTCT wallet

What do you mean? it doesn't automatically send it to my wallet? When I click on my wallet on BTCT, it shows 0 even though under dividends it shows the dividend.

Is there a delay before it shows up in our wallets?

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September 24, 2013, 05:13:11 PM
 #14148

should we have received the dividends into our wallet yet? from what address is it coming from?

it's in your BTCT wallet

What do you mean? it doesn't automatically send it to my wallet? When I click on my wallet on BTCT, it shows 0 even though under dividends it shows the dividend.

Is there a delay before it shows up in our wallets?

I received an email checked the account and it was in my wallet, don't know if there was a delay

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September 24, 2013, 05:13:32 PM
 #14149

Wonder what the trolls are gonna say now to bring the price even lower?

Nothing, just put them on ignore.

I have about 15 people in here already on that list
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September 24, 2013, 05:13:52 PM
 #14150

should we have received the dividends into our wallet yet? from what address is it coming from?

it's in your BTCT wallet

What do you mean? it doesn't automatically send it to my wallet? When I click on my wallet on BTCT, it shows 0 even though under dividends it shows the dividend.

Is there a delay before it shows up in our wallets?

I received an email checked the account and it was in my wallet, don't know if there was a delay


I received the same email, i see it under my dividends, but when i look at my wallet it shows 0

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September 24, 2013, 05:14:16 PM
 #14151

Is there a delay before it shows up in our wallets?


Mine showed up right away (in my BTCT Wallet)

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September 24, 2013, 05:16:27 PM
 #14152

Is there a delay before it shows up in our wallets?


Mine showed up right away (in my BTCT Wallet)

Actually I see my balance on the top of the website, but when I go inside the wallet tab it says 0BTC, does the wallet only show in 1BTC increments how do i withdraw?

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September 24, 2013, 05:18:34 PM
 #14153

Is there a delay before it shows up in our wallets?


Mine showed up right away (in my BTCT Wallet)

Actually I see my balance on the top of the website, but when I go inside the wallet tab it says 0BTC, does the wallet only show in 1BTC increments how do i withdraw?

Click the little refresh button near deposit balance.
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September 24, 2013, 05:18:46 PM
 #14154

ok i didn't have a public withdrawal address, set now i see the complete balance

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September 24, 2013, 05:19:12 PM
 #14155

Yay dividends! But why aren't they hashing??
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September 24, 2013, 05:21:12 PM
 #14156

Yay dividends! But why aren't they hashing??
They might be hashing under a different name, or they're testing something. The recent payments on blockchain seem to indicate they're still hashing at the same rate as before they were removed from the list. Weird.
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September 24, 2013, 05:22:21 PM
 #14157

Yay dividends! But why aren't they hashing??
They might be hashing under a different name, or they're testing something. The recent payments on blockchain seem to indicate they're still hashing at the same rate as before they were removed from the list. Weird.

yep they are still receiving the same amount of payments

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September 24, 2013, 05:24:41 PM
 #14158

What is Labcoin's bitcoin address again?
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September 24, 2013, 05:25:36 PM
 #14159

Also received my dividends.

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September 24, 2013, 05:28:33 PM
 #14160

Yay dividends! But why aren't they hashing??
They might be hashing under a different name, or they're testing something. The recent payments on blockchain seem to indicate they're still hashing at the same rate as before they were removed from the list. Weird.

yep they are still receiving the same amount of payments

Maybe they changed pools.
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