Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
runam0k
on 25/09/2013, 14:37:34 UTC
so, if there's no chance they will hit 1% in 2 weeks (the 20 TH/s promise will be broken), what is a reasonable price for a company mining at <.06% of the network?

according to the chart on the front page of this thread, .00012 is a fair price, and that's 1/10 of the current market price.
Guess what? The market has already priced in the likelihood of a broken promise in two weeks' time; clearly it doesn't matter because the market still believes there is a fair chance Labcoin will, before long, maintain a much higher percentage of the global hash rate.

In other words, posts like this are utterly pointless. Grin