Quote from: Ytterbium on September 22, 2013, 08:36:50 PM

Quote from: VolanicEruptor on September 22, 2013, 08:18:22 PM

Quote from: JohnyBigs on September 22, 2013, 08:15:28 PM

Quote from: bitrich on September 22, 2013, 08:10:57 PM

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 5BTC 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.

Yeah including hardware sales.

Without hardware sales, if we take Asic miner as an example.

5btc/share peak at 50th with 400,000k shares is a 2, 000, 000 BTC valuation.

5btc/25x less shares for labcoim is .2/btc share if they hit 500th its 2btc/share at current difficulty of course it will rise, but if it doesnt as much and labcoin starts hashing as planned .5-1btc/share is not unresonable.