Well looks like the lab has turned it around, so let's say labcoin reaches their december goal of 500th/s. Has anyone used some math and took a guess as the share price and dividend yet? If they get anywhere close to 500th/s it could be epic, no?
This can anyone run some numbers? Im going to take a guess of 5BTC+/share without hardware sales profits.
5btc doesn't make sense. There are 10,000,000 shares so that would mean a market cap of
6 BILLION DOLLARS. LOL. he made the same insane prediction a while ago. I thought about mentioning it in my post but figured most people wouldn't remember.
The truly crazy thing isn't $5 billion. The price of bitcoin could go up to $10k tomorrow or something, making every asic company worth billions.
The crazy thing is that a valuation of labcoin shares at 5
BTC would make the company worth
50 million bitcoins. That is, of course, more then twice the number of bitcoins that will ever exist, and
more then 4x the number of bitcoins that are left to be mined.