You can swap out the wallet.dat

Use the -rescan option when starting the client to get the program to look at your transaction record in the blockchain. This will take some time though.

I recommend using http://electrum.org/ if you intend to move wallet files around and want a portable wallet program. The official client is not designed for what you want to do.

EDIT: Also if you use electrum you can create a wallet from a seed and this means you don't have to backup your wallet file multiple times (the seed is enough to recover the entire wallet no matter how many addresses are inside that wallet)

The official client requires the wallet file to be backed up every now and then to save the address pool that is always increasing, the seeded wallets do not have this issue.

If we assume that 1% of the network means a share value of 0.004 obviously this will remain if Labcoin maintains this hashrate. When Labcoin starts hashing they will have 3 options all dependent on how much of the profits are re-invested.

1) Put breakeven amounts back into create more chips and developing more advanced chips. This will keep Labcoin at 1%

2) Do the same but put too little money into the company, and Labcoin will start to lose that 1%

3) Put more money into the shares to gain more network control as the years go by.

I think 3 is the best option, because it will mean greater value for the shares down the road and can excuse a high share price now (above 0.004)

However many people really think that with a constant 1% of the network maintained by 25% of profits reinvested the shares can maintain a value of 0.01

I disagree with this and think its rather short sighted. The most important point to determining the value of the shares is to correctly determine their future value.

I would like Labcoin to perhaps consider a increased re-investment at the expense of dividend payouts. (perhaps a 60/40 ratio, with 60 dividend and 40 for reinvestment)

I see this as the correct course of action for a sustainable company to hedge against network difficulty going up too fast.

Any thoughts on this?

And this is spot on.

I considered this entire bitcoin thing to be like a game, and the money I set aside to invest and play the markets was essentially game money.

That is certainly worth mentioning.

I tend to buy alternative crytpo-currencies when they are weak and with stocks getting in at the bottom (IPO) has worked out well so far.

When day trading bitcoin with usd I have lost money. That pair (usd/bitcoin) is dangerous because bitcoin can rise and never ever return to a usd value. But trading ltc to btc has worked because historically there was a constant cycle between 0.028 - 0.03 ltc/btc and it was possible to cash in on that (don't try this at the moment as ltc is not doing very well against btc and there is no cycle)

Ok. Now that image posted in the thread of all the different valuations if Labcoin mines. It says 1% of network with similar dividend gains as ASICMINER (around 30% of share value per year) should result in a share value of 0.004

Can you explain how we get to 3 times increase (0.0115)

Three things: FUD, News and liquidity.

My worst day and best day have been because of FUD/News. I make a position I find comfortable that I have made before and then paranoia starts spreading and a exit had to be made, yes I have failed and moved out of a position that If I had left myself in for a long period of time would have gained. But thats emotion for you. Its hard to see lots of hard earned money disappear. Even when things seem predictable shit happens.

Liquidity, if the market has no depth near a position you want and you need out then this really screws you over. You might see a price but that does not mean you can sell hundreds of Bitcoin at that price. Market depth is so important I really wish I had researched this more before I started trading.

I have made mistakes and gains, overall the gains have been worthwhile but to be honest I feel like day trading is a gamble and I have been lucky. Some people have skill but I am not I am one of those people.

The issue is when the value starts to erode away, do you have the guts to hold a losing position for months of lower and lower prices before it rebounds? I got out sometimes early to save even greater loses. Holding is actually the most important thing in trading. Learning patience.

I haven't looked too much into this security. Any advice for share value after hashing? Or do you think that we are already pricing that into the stock as it is?

I have purchased some services with my Bitcoin, and also invested them on BTC-TC to make some money, its a lot of work though. (Very easy to lose money)

I have mined about $5 worth of Bitcoin, so that is not viable for me. Mainly day trading stocks and Litecoins.

Not very often. When the price starts moving large like that be careful coming in and out of pairs (litecoin to bitcoin and usd to bitcoin)

Value is set by the free market, meaning anyone and everyone sets the value. The equilibrium between what people want to buy and sell defines the current price. As more people want Bitcoin the price will go up because people will start selling it for more knowing that there is more demand. The reverse is also true.

My max loss in a day is 100 bitcoins and my max gain in a day is 100 bitcoins. Be very careful!

You could lose it all day trading, your government might ban it, a fatal flaw might be found, the exchange might be a scam and run with your money, etc... do lots of research.

Lets hope so.

test