Not me, not anymore.

You can buy PUTs.
How can you know everything but not this?

Of course, now that there isn't btct anymore, buying PUTs might be tricky.

Oh I bought for far less and have held for far longer. I am here for the long haul. Thanks for the suggestion, though.

What are you talking about?

Asicminer is worth far more than 0.2B/share. Recent auctions (https://bitcointalk.org/index.php?topic=306865.msg3309448#new) are selling shares for well over 1B.

Just as a reminder. ASICMINER didn't pay any dividends for about 7 months while the project was incubating. So it really depends on what you consider " a long time". On a few occasions friedcat already indicated that the company is securing funds for the long haul. This is perfectly reasonable if you want to stay in the mining business for the forseeable future, and the environment for raising funds becomes increasingly regulated and fractured. Unless a mining competitor finds a way to burn investor money (ala BFL) to stay competitive, we're looking at an industry with tight economic constrains. As such having a low cost structure for mining, R&D and production/distribution is essential and ASICMINER is certainly on the right track. Please keep that in mind when you try to establish your own company valuation for AM.

Are you the next Vycid? Do you have short positions on AM?

good, because you are ignoring significant product for sale in the short term. 

The math has been done several times in both threads, and even at significantly reduced margins, the profit/dividend is significant for the next 2 months.

This decreasing trend is expected when you keep the same hash rate in a growing network.
Your expectation of nearly zero early next year would be true if AM would not build any new hardware.
Your innocent "it is not difficult to calculate" is... innocent. Either you are very naive, or you are a troll. Or you think they won't bring any new hardware, in which case well there is not much to debate, but I think the majority would disagree with you on this point, bears or bulls. Time will tell (HW is expected soon).


 

How are you making this calculation?

I'm thinking AM direct shares are a good thing to own right now...

I would only use a self-moderated thread as a LAST RESORT measure, just like locked articles on Wikipedia. Using a self-moderated topic could even further fuel the rumours / FUD instead of filtering the noise out of signal.

The problem is that LABCOIN desperately needs to regain shareholders' trust. I'm not talking about the fanboys, they will hold whatever. And haters are gonna hate, of course.

Instead of self-moderating, if TheSwede is really acting as their PR (I'm not even sure about this, he could confirm or deny himself), he should be much more active in shutting down the noise by giving more signal!

Shareholders were promised measurable figures several times, and for several weeks. This has still not happened, causing a lot of shareholders (including me) to get rid of what was supposed to be a long-term position, because as soon as dishonesty show up (and I am still waiting for an apology about the lie "we are hashing at about 2 TH/s currently"), there is no way you want to keep your long-term position open. So, I sold at loss, and so far I don't even regret it, I feel like I would even be more at risk right now.

The mining address that was provide doesn't live up to my expectations either:

• The income doesn't seem regular
• They could be faked
• The payouts are really FAR BELOW what you would expect even for 2 TH/s, it's more like 250 GH/s, and decreasing as we speak since there hasn't been any new payment incoming during the last couple of hours

All of this makes it impossible to verify if they are hashing, and how far behind their schedule they are. All their statements (from labcoin or TheSwede) are full of promise, but do not provide verifiable tools to back LABCOIN beyond a basic "trust our word on this guys!".

And I agree with dexx, I really don't understand why they are not taking to clarify simple facts so shareholders can better understand what's going on on this mining address. Because right now, I'm sorry to say, it only adds up to speculation instead of facts.

I thinks it's time to look at some numbers again.

Let's assume that Labcoin was mining with 500 Th/s at the end of the year, if the network hash rate was:

• 50.000 Ph/s, Labcoin would control 01% of the network.
• 25.000 Ph/s, Labcoin would control 02% of the network.
• 16.667 Ph/s, Labcoin would control 03% of the network.
• 12.500 Ph/s, Labcoin would control 04% of the network.
• 10.000 Ph/s, Labcoin would control 05% of the network.
• 08.333 Ph/s, Labcoin would control 06% of the network.
• 07.143 Ph/s, Labcoin would control 07% of the network.
• 06.250 Ph/s, Labcoin would control 08% of the network.
• 05.556 Ph/s, Labcoin would control 09% of the network.
• 05.000 Ph/s, Labcoin would control 10% of the network.

BTC/Block = 25
Blocks/Round = 2,016
BTC/Round = 50,400

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.
• 03%, they would mine 1,512 BTC per difficulty round, 1,058.4 BTC (70%) going towards dividends giving 0.00010584 BTC per share per round.
• 04%, they would mine 2,016 BTC per difficulty round, 1,411.2 BTC (70%) going towards dividends giving 0.00014112 BTC per share per round.
• 05%, they would mine 2,520 BTC per difficulty round, 1,764.0 BTC (70%) going towards dividends giving 0.00017640 BTC per share per round.
• 06%, they would mine 3,024 BTC per difficulty round, 2,116.8 BTC (70%) going towards dividends giving 0.00021168 BTC per share per round.
• 07%, they would mine 3,528 BTC per difficulty round, 2,469.6 BTC (70%) going towards dividends giving 0.00024696 BTC per share per round.
• 08%, they would mine 4,032 BTC per difficulty round, 2,822.4 BTC (70%) going towards dividends giving 0.00028224 BTC per share per round.
• 09%, they would mine 4,536 BTC per difficulty round, 3,175.2 BTC (70%) going towards dividends giving 0.00031752 BTC per share per round.
• 10%, they would mine 5,040 BTC per difficulty round, 3,528.0 BTC (70%) going towards dividends giving 0.00035280 BTC per share per round.