Ninjastic
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Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
BitThink
on 27/09/2013, 04:24:58 UTC
Quote from: BitCsByBit on September 27, 2013, 04:17:51 AM
Quote from: velacreations on September 27, 2013, 02:56:39 AM
Quote from: BitCsByBit on September 27, 2013, 02:29:28 AM
Where are they going to house 500TH? How many blades is that?
I'm pretty sure they wont be hashing with most of those, and they will be sold with a lot smaller mark up then before. After all, they are 130nm, and not many people will be that interested to buy unless it is very cheap GH/$.
those blades will likely add 50K-100K btc in revenue over the next 2 months (even at significantly reduced margins).

Quote
Also, isn't the share price only about 30% of what it was a couple of months back?
they're still a long ways from IPO price, and they've paid that back several times in dividends.

Anyway, they match quite well to the dividend/share price ratio I was talking about a few pages back.  Their last dividend makes the current price a fair value.  That's why there is a lot of support at current prices.

Labcon has a long way to drop to hit fair share value.

I like how you're trying to deflect, but it doesn't really change the fact that LC is headed to 1/10th IPO price.

Yes, they will probably sell at around the cost price, but there won't be much profit from it.

I never said that Labcoin is worth more than what it is now. If you check back, I actually said that I believe the prices will dip further as there is uncertainty regarding the exchange and when they will resolve the issues.
https://bitcointalk.org/index.php?topic=263445.msg3244075#msg3244075

You never answered my question regarding the ASICMiners current network share. They have been down to about 1-2% for a couple weeks now.

You also didn't respond to ASICMiner chips  being "two weeks late" that friedcat posted a few days ago.

I like how you only pick some parts of my post trying to deflect that even ASICMiner is experiencing issues.

How long did it take from the ASICMiner IPO, to them paying dividends, and subsequently paying back the IPO price?






Yes, AM has their own problem, but apparently Labcoin now has much bigger issue to worry. Labcoin has much more uncertainty and meanwhile much more potential upside now.

But anyway, I don't think it is the good time and place to compare AM and Labcoin here now. Smiley