ishkur
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October 15, 2013, 05:53:16 PM |
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lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little
Your correct. We are still way behind on hashrate...we should be at 50TH I believe or close to end of month, but things are slowly moving into the right direction
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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JohnyBigs
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October 15, 2013, 05:53:41 PM |
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lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little
Even then i wont be happy since that still can be faked. He had enough bitcoins to buy a big chunk of knc jupiter that he now could assemble. The time when i will be happy will be when i believe that the Hashrate cant be faked anymore. Again this is bad logic. Why would he do this now, when he could have done this months ago to fake it.
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girlfawkesy
Newbie
Offline
Activity: 55
Merit: 0
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October 15, 2013, 05:56:58 PM |
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Id just like to point out that I suggested you all put down your pitchforks weeks ago. Glad I have 10k shares still.
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Bitcycle
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October 15, 2013, 05:58:45 PM |
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Id just like to point out that I suggested you all put down your pitchforks weeks ago. Glad I have 10k shares still.
Sam still deserves some pitchforking. He's done an awful job. A minor success doesn't erase all that.
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Squirrel Dearing
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October 15, 2013, 06:00:12 PM |
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Sam still deserves some pitchforking. He's done an awful job. A minor success doesn't erase all that.
+1
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crumbs
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October 15, 2013, 06:04:03 PM |
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lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little
Even then i wont be happy since that still can be faked. He had enough bitcoins to buy a big chunk of knc jupiter that he now could assemble. The time when i will be happy will be when i believe that the Hashrate cant be faked anymore. Again this is bad logic. Why would he do this now, when he could have done this months ago to fake it. If the "a scammer wouldn't do X" logic worked, the simplest way to scam would be to do X. Sure, he already has your coin, now he's just playing you 4 teh lulz.
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Rulother
Member
Offline
Activity: 68
Merit: 10
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October 15, 2013, 06:15:03 PM |
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We did hit 3TH/s for a brief moment there. Small victory.
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A Member of the LCSH
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superduh
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October 15, 2013, 06:15:08 PM |
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it's blowing
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ok
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RAVENCROW
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October 15, 2013, 06:19:11 PM |
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Yay go labcoin
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Puppet
Legendary
Offline
Activity: 980
Merit: 1040
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October 15, 2013, 06:24:03 PM |
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ANd still not a single picture of their miners let alone some ID of "sam".
Are you guys seriously believing they just brought 1000 of their "invisible-chips-that-no-one-designed-or-taped-out" online in a few minutes?
Or are you just excited that a 7000 BTC IPO might have bought 150 BTC worth of KnC gear?
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VolanicEruptor
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October 15, 2013, 06:37:26 PM |
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can someone post the link to check the hash rate?
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SebastianJu
Legendary
Offline
Activity: 2674
Merit: 1082
Legendary Escrow Service - Tip Jar in Profile
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October 15, 2013, 06:44:26 PM |
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lets not get too cocky guys. maybe when he finally hits 10TH we can start to smile a little
Even then i wont be happy since that still can be faked. He had enough bitcoins to buy a big chunk of knc jupiter that he now could assemble. The time when i will be happy will be when i believe that the Hashrate cant be faked anymore. Again this is bad logic. Why would he do this now, when he could have done this months ago to fake it. Dont get me wrong. I want labcoin to succeed since im a not small "bagholder". I couldnt sell it without realizing a huge loss so i rather let it invested to gamble. Of course i want it to succeed. Im simply not so sure anymore. A theory might be that Sam bought 6 knc jupiter for 300btc only. I know that knc delivered many miners in the last days since i did a not small amount of escrows for those miners. So even though they could have run already... they now have some more miners and they have a good amount of shares left. Getting on cryptoxchange and selling all those shares for a reasonable shareprice "might" be the last part of a scam. So no, im not convinced yet. It still can be faked. And yes, i want my shares to be worth much. But im not convinced fully yet.
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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ssshhh
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October 15, 2013, 06:44:31 PM |
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The expected generation output, at 2000 Ghps, given current difficulty of 189281249.28103 , is 5.31393566138 BTC per day and 0.221413985891 BTC per hour.
The expected generation output, at 3000 Ghps, given current difficulty of 189281249.28103 , is 7.97090349207 BTC per day and 0.332120978836 BTC per hour.
From #eligius on freenode
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kingcrimson
Legendary
Offline
Activity: 1025
Merit: 1000
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October 15, 2013, 06:50:28 PM |
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They are obviously using third party miners, it is an 'IceDrill' company now. Anything at this point is a bonus though, I guess. Wow, they even have their own version of 'TheSwede'. We see a bigger picture there as well, 'Alberto promised us an update by the end of September', coinciding directly with Labcoin's schedule. Seems he was planning to use one scheme to pay off the other.
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TheCoinBull
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October 15, 2013, 06:53:37 PM |
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So can someone please help me understand: I had some Labcoin shares when BTC-T shut down while labcoin was crashing, now labcoin is actually hashing, when I log in to BTC-T I can still see my shares, but its impossible to trade them, so my question is, what is going to happen to those shares? Will they shut down with the site, or will they be transferrable.
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Bitcoin for your thoughts
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dhenson
Legendary
Offline
Activity: 994
Merit: 1000
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October 15, 2013, 06:56:54 PM |
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So can someone please help me understand: I had some Labcoin shares when BTC-T shut down while labcoin was crashing, now labcoin is actually hashing, when I log in to BTC-T I can still see my shares, but its impossible to trade them, so my question is, what is going to happen to those shares? Will they shut down with the site, or will they be transferrable.
It looks like labcoin is moving to cryptostocks.com under the name LBC. I assume by creating a cryptostocks.com account with the same email address as BTCT.CO will be sufficient for them to transfer your shares. This is how PETA-MINE performed their transfer.
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TMAN
Legendary
Offline
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
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October 15, 2013, 06:57:20 PM |
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So can someone please help me understand: I had some Labcoin shares when BTC-T shut down while labcoin was crashing, now labcoin is actually hashing, when I log in to BTC-T I can still see my shares, but its impossible to trade them, so my question is, what is going to happen to those shares? Will they shut down with the site, or will they be transferrable.
either a new exchange & we will migrate or direct shares, to be frank we dont know for sure - but by the looks of havelock's rising price I think everyone who held is going to be happy
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