Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
Zakryze
on 27/09/2013, 10:46:20 UTC
.05 btc per hour is around 350 Giga hash?
around 300-400GH
which is 5 avalons = BTC300 of worth a few months ago.
Dividing it by 10 million would give a justified shared price of 0.00003 which is 1/10 of the current market price.
If you factor in the trustworthiness, reputation, capability of the Labcoin team and their long history of meeting promises, on-time delivery and very accurate projected hashrate, the price should be worth 1 satoshi more.

If they are really avalon chips, then things maybe better than now. In that case, if there's enough pressue, they may have to buy back their shares at IPO price or be sued.

And who exactly are you going to sue?