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KSGuy
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September 25, 2013, 03:13:44 PM |
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It's obvious that a broken promise is not priced in the current market value, as it's severely overvalued (and market price is decreasing). So despite Labcoins dreadful performance so far - and all the broken promises - the market is convinced Labcoin will hit 20TH in two weeks? BS. Besides, if that were true the price would be much higher in anticipation. The broken promise is priced in (seriously, does anyone expect Labcoin to to hit 20TH in two weeks?). The price remains high, however, because the market is essentially giving Labcoin several weeks more - months even - to really start performing. I'd be happy with 5TH in 2 weeks to be honest.. |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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damiano
Legendary
 Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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September 25, 2013, 03:17:29 PM |
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It's obvious that a broken promise is not priced in the current market value, as it's severely overvalued (and market price is decreasing). So despite Labcoins dreadful performance so far - and all the broken promises - the market is convinced Labcoin will hit 20TH in two weeks? BS. Besides, if that were true the price would be much higher in anticipation. The broken promise is priced in (seriously, does anyone expect Labcoin to to hit 20TH in two weeks?). The price remains high, however, because the market is essentially giving Labcoin several weeks more - months even - to really start performing. I'd be happy with 5TH in 2 weeks to be honest.. Im afraid they will need more than 5TH to keep up with the difficulty spike coming |
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San1ty
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September 25, 2013, 03:45:51 PM |
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+1 for Bitfunder. Interface is great and everything works the way it should. Weexchange is definitely weird but it does work, I've never had problems moving bitcoins through them. Coins show up in about 20 minutes and it's free. Does anyone know why they use that service at all? Why can't they just accept and release bitcoins directly?
Because bitfunder is trash, why everyone isn't moving to Havelock is beyond me. If Labcoin really moves to bitfunder, I'm out. |
Found my posts helpful? Consider buying me a beer :-)!:
BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
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TsuyokuNaritai
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September 25, 2013, 03:48:10 PM |
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+1 for Bitfunder. Interface is great and everything works the way it should. Weexchange is definitely weird but it does work, I've never had problems moving bitcoins through them. Coins show up in about 20 minutes and it's free. Does anyone know why they use that service at all? Why can't they just accept and release bitcoins directly?
Because bitfunder is trash, why everyone isn't moving to Havelock is beyond me. If Labcoin really moves to bitfunder, I'm out. There's already a pass-through on Havelock for anyone who prefers that. |
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ThePeshMod
Newbie
Offline
Activity: 46
Merit: 0
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September 25, 2013, 04:00:51 PM |
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Does anyone know at what time (UTC preferred) the difficulty changed? The last 6 transactions to LC address would suggest an average of 961 GH/s. But that's with the new difficulty.
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moribana
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September 25, 2013, 04:04:36 PM |
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+1 for Bitfunder. Interface is great and everything works the way it should. Weexchange is definitely weird but it does work, I've never had problems moving bitcoins through them. Coins show up in about 20 minutes and it's free. Does anyone know why they use that service at all? Why can't they just accept and release bitcoins directly?
Because bitfunder is trash, why everyone isn't moving to Havelock is beyond me. If Labcoin really moves to bitfunder, I'm out. There's already a pass-through on Havelock for anyone who prefers that. With 90 btc total market capitalization, not much liquidity and currently frozen anyway... |
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Puppet
Legendary
Offline
Activity: 980
Merit: 1040
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September 25, 2013, 04:05:25 PM |
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Does anyone know at what time (UTC preferred) the difficulty changed? The last 6 transactions to LC address would suggest an average of 961 GH/s. But that's with the new difficulty.
Its due to how PPLNS works most likely, plus the time it takes for a new block to be confirmed. They are now getting paid for shifts they completed before the change. |
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ThePeshMod
Newbie
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Activity: 46
Merit: 0
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September 25, 2013, 04:06:57 PM |
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Does anyone know at what time (UTC preferred) the difficulty changed? The last 6 transactions to LC address would suggest an average of 961 GH/s. But that's with the new difficulty.
Its due to how PPLNS works most likely, plus the time it takes for a new block to be confirmed. They are now getting paid for shifts they completed before the change. True. I hadn't thought of that.  |
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velacreations
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September 25, 2013, 04:08:24 PM |
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Besides, if that were true the price would be much higher in anticipation.
look at the chart on the front page of this thread. Fair market value is .002 for 1% of the network. So, no, it wouldn't be much higher, unless you expect the market to overvalue this security. |
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TsuyokuNaritai
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September 25, 2013, 04:27:37 PM |
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+1 for Bitfunder. Interface is great and everything works the way it should. Weexchange is definitely weird but it does work, I've never had problems moving bitcoins through them. Coins show up in about 20 minutes and it's free. Does anyone know why they use that service at all? Why can't they just accept and release bitcoins directly?
Because bitfunder is trash, why everyone isn't moving to Havelock is beyond me. If Labcoin really moves to bitfunder, I'm out. There's already a pass-through on Havelock for anyone who prefers that. With 90 btc total market capitalization, not much liquidity and currently frozen anyway... ...which is another excellent argument in favor of bitfunder.  |
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runam0k
Legendary
Offline
Activity: 1092
Merit: 1001
Touchdown
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September 25, 2013, 04:46:55 PM |
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Besides, if that were true the price would be much higher in anticipation.
look at the chart on the front page of this thread. Fair market value is .002 for 1% of the network. So, no, it wouldn't be much higher, unless you expect the market to overvalue this security. I was hinting that if, as you suggest, the market firmly believes Labcoin will hit 20TH in two weeks, surely the market also firmly believes hundreds more TH will follow... and price accordingly. |
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bobboooiie
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September 25, 2013, 06:19:15 PM |
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0.20678542 BTC previous was 0.18450773 BTC .
Could this finally be the promised daily upgrade ?
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ltiv
Member
Offline
Activity: 66
Merit: 10
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September 25, 2013, 06:33:43 PM |
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0.20678542 BTC previous was 0.18450773 BTC .
Could this finally be the promised daily upgrade ?
If it is, then my speculations are right. They're definitely hashing their other miners under a different team name though speculations are speculations. Looking forward to a word from labcoin or TheSwede regarding the current status of their operations. |
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JimiQ84
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September 25, 2013, 06:35:33 PM |
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0.20678542 BTC previous was 0.18450773 BTC .
Could this finally be the promised daily upgrade ?
If it is, then my speculations are right. They're definitely hashing their other miners under a different team name though speculations are speculations. Looking forward to a word from labcoin or TheSwede regarding the current status of their operations. it could be just luck |
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GreekGeek
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September 25, 2013, 06:43:41 PM |
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0.20678542 BTC previous was 0.18450773 BTC .
Could this finally be the promised daily upgrade ?
If it is, then my speculations are right. They're definitely hashing their other miners under a different team name though speculations are speculations. Looking forward to a word from labcoin or TheSwede regarding the current status of their operations. it could be just luck We will soon know... |
retirement fund : 1NBM5DM317RfWsHXKUfPUDtba2scavpPoB
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E.Sam
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September 25, 2013, 07:18:51 PM |
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kleeck
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September 25, 2013, 07:20:38 PM |
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0.20678542 BTC previous was 0.18450773 BTC .
Could this finally be the promised daily upgrade ?
If it is, then my speculations are right. They're definitely hashing their other miners under a different team name though speculations are speculations. Looking forward to a word from labcoin or TheSwede regarding the current status of their operations. it could be just luck We will soon know... No 15:07 payout. No 15:17 payout. Don't worry TheSwede75 and Labcoin. We aren't really curious about what is going on. Please maintain broken promises , sporadic hashing, and, above all, do not communicate with shareholders. |
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creativex
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September 25, 2013, 07:30:12 PM |
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Investors in this turd are like battered wives at this point. Just leave. Btcg had a run of great luck leading up to and shortly after the difficulty hike.
Labcoin lied about daily increases of hashing power just as they've lied about nearly everything else. Current market cap is STILL 17k BTC for a mining company with a hashrate of < 800Gh/s and soon to have zero liquidity. To say that it's still grotesquely overvalued is an understatement. R U N A W A Y
My own mining company(market cap 4344BTC) hashing at just north of 1Th/s on btcg currently has 19 blocks in shifts currently being paid.
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velacreations
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September 25, 2013, 07:51:46 PM |
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To say that it's still grotesquely overvalued is an understatement.
THANK YOU! |
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JWU90
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September 25, 2013, 08:01:39 PM |
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Investors in this turd are like battered wives at this point. Just leave. Btcg had a run of great luck leading up to and shortly after the difficulty hike.
Labcoin lied about daily increases of hashing power just as they've lied about nearly everything else. Current market cap is STILL 17k BTC for a mining company with a hashrate of < 800Gh/s and soon to have zero liquidity. To say that it's still grotesquely overvalued is an understatement. R U N A W A Y
My own mining company(market cap 4344BTC) hashing at just north of 1Th/s on btcg currently has 19 blocks in shifts currently being paid.
I think you should worry about running your own company. You made some bad decisions investing reserves (without motion) into Labcoin and Asicminer at their peaks and lost value. Also, not to mention that basic-mining share value has consistently been dropping for awhile. Posts like these make you look unprofessional/unethical. |
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