Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
velacreations
on 23/09/2013, 00:39:23 UTC
.....
If Labcoin controlled:

  • 01%, they would mine 504 BTC per difficulty round, 352.8 BTC (70%) going towards dividends giving 0.00003528 BTC/share/round.
  • 02%, they would mine 1,008 BTC per difficulty round, 705.6 BTC (70%) going towards dividends giving 0.00007056 BTC per share per round.
.....
[/list]

remember those figures?

well, @ 50% APR (fairly generous)
1% - 0.00003528 BTC/share/dividend @ 50% APR = .0018 btc/share value
2% - 0.00007056 BTC/share/dividend @ 50% APR = .0036 btc/share value

In 2 weeks, IF 20 TH/s comes online, they'll be worth maximum .0036 btc/share, but more likely .0018 btc/share

If they can maintain that hash percentage (1%) for a month or more, you'll see that APR gradually reduce towards 30% (.003 btc/share).

tl;dr -  The fair value of Lacoin is unlikely to surpass .004 in 2013. Labcoin is currently severely overvalued