[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

[Bitcycle]

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

[1714128469]

1714128469

[hammurabi]

Have anybody located Howard Wang?
http://www.tsinghua.edu.cn/publish/csen/4923/index.html

I can't find such a person there.
Maybe wrong department. There are 41 research departments out there according to wikipedia.

[BitThink]

Have anybody located Howard Wang?
http://www.tsinghua.edu.cn/publish/csen/4923/index.html

I can't find such a person there.
Maybe wrong department. There are 41 research departments out there according to wikipedia.

He's now in ITU, San Jose, USA.
http://www.linkedin.com/in/howardwangzhenhua

[velacreations]

Where are they going to house 500TH? How many blades is that?
I'm pretty sure they wont be hashing with most of those, and they will be sold with a lot smaller mark up then before. After all, they are 130nm, and not many people will be that interested to buy unless it is very cheap GH/$.

those blades will likely add 50K-100K btc in revenue over the next 2 months (even at significantly reduced margins).

Also, isn't the share price only about 30% of what it was a couple of months back?

they're still a long ways from IPO price, and they've paid that back several times in dividends.

Anyway, they match quite well to the dividend/share price ratio I was talking about a few pages back.  Their last dividend makes the current price a fair value.  That's why there is a lot of support at current prices.

Labcon has a long way to drop to hit fair share value.

I like how you're trying to deflect, but it doesn't really change the fact that LC is headed to 1/10th IPO price.

[Luckybit]

Have anybody located Howard Wang?
http://www.tsinghua.edu.cn/publish/csen/4923/index.html

I can't find such a person there.
Maybe wrong department. There are 41 research departments out there according to wikipedia.

He's now in ITU, San Jose, USA.
http://www.linkedin.com/in/howardwangzhenhua

The ultimate proof that they aren't mining in China.

[Luckybit]

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?

[twentyseventy]

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?

180BTC

[Luckybit]

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?

180BTC

Which isn't a lot considering how far it has dropped already. They might want to cash out their 180BTC before it becomes 100.

[BitThink]

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?

180BTC

Which isn't a lot considering how far it has dropped already. They might want to cash out their 180BTC before it becomes 100.

You count shares in bid side, and BTC in ask side. Only shares can be sold in bid side, not BTC.

[twentyseventy]

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?

180BTC

Which isn't a lot considering how far it has dropped already. They might want to cash out their 180BTC before it becomes 100.

You count shares in bid side, and BTC in ask side. Only shares can be sold in bid side, not BTC.

Hm? You can count shares and BTC on either side... here's the bid side:

[Bitcycle]

Wow, 280,000 shares need to be dumped just to break 0.0006.

You guys with the bids down around .0005 might be waiting a while. LOL.

280,000 shares isn't a lot. How much in BTC is it?

Sure, sure. You keep waiting down there with your bids.

[BitThink]

I mean we need to count resistance of bid side with share count, not BTC count. We actually needs to sell 280K shares to be under 0.0006. Not so many people has so many shares, since most of us do not have the luck or the courage to buy a lot at the current price.

[twentyseventy]

I mean we need to count resistance of bid side with share count, not BTC count. We actually needs to sell 280K shares to be under 0.0006. Not so many people has so many shares, since most of us do not have the luck or the courage to buy a lot at the current price.

Ah, I understand what you're saying. I'm going to refrain from price speculation for the moment, as I'm currently in a bet regarding the price.

[JohnyBigs]

labcoin is not even mining right now, looks like all the boards fried.

[BitThink]

above 0.0001 in 24 hours?  You will win the bet for sure.

I would rather hold it to 0 than selling it below 0.0001. I think many people think like me. Let alone there're 844K bids over 0.0001.

[JohnyBigs]

Have anybody located Howard Wang?
http://www.tsinghua.edu.cn/publish/csen/4923/index.html

I can't find such a person there.
Maybe wrong department. There are 41 research departments out there according to wikipedia.

He's now in ITU, San Jose, USA.
http://www.linkedin.com/in/howardwangzhenhua

The ultimate proof that they aren't mining in China.

WOW ^^ GG ScamCoin

[JohnyBigs]

Looks like Howard quit 1 month ago. Labcoin FTW

[BitThink]

labcoin is not even mining right now, looks like all the boards fried.

It seems you finally sold all your shares, or you have put a lot of bids. I believe you can see that there's constantly 0.05 BTC per hour mined to their address.

[JohnyBigs]

labcoin is not even mining right now, looks like all the boards fried.

It seems you finally sold all your shares, or you have put a lot of bids. I believe you can see that there's constantly 0.05 BTC per hour mined to their address.

.05 are trolls such as this one.

Public Note: "It is in our interest to keep the shares price rising but we're very confident that within a short time, shares will be valued what they are really worth."

and mining .05 per hour that means their hash fell by 3X

Howard is in California, isn't he supposed to be in China?

[HorseRider]

labcoin is not even mining right now, looks like all the boards fried.

So except friedcat, now our community has a friedlab.