Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
velacreations
on 24/09/2013, 18:39:56 UTC
There is no doubt that Labcoin is undervalued right now if they continue to increase their hashrate and pay dividends.

what?  based on that dividend, their shares are worth .000076 btc.  Even if you give them the benefit of the doubt, double their hash rate and give them 2 full weeks of hashing, they are worth no more than .00015 per share.

How can you say they are undervalued?  Where is the math to support your statement?

When they have 1% of the network (not a chance before late October), then they MIGHT be worth .002/share.