Topic: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] - page 48. (Read 75954 times)

It gets better:

If the humor in this isn't immediately apparent...

Yeah, the the transfer mechanics definitely should be interesting.  If this: 7,462   ฿0.00134002    is you, good luck.

Edit: Newar too late! 

I have no idea...

But I am not sure I will buy ActM on btct.co, you can get this price or lower on bitfunder.

Possible, i'm having a hard time picturing how this whole thing will be orchestrated by Ken & Ukio.  Ideas?

I have feeling that if I do this right, 100% profit or more 2 weeks later.

Tempting.  Like looting the Titanic before it goes down.

It's a good time to pick up some shares from btct.co now, and waiting for transfer.

It's not like there were no warnings -- when burnside himself made a statement that he'll be wrapping up his exchange for American users (on the Pirateat40 charges news), everyone here called him a fudster & raged until he retracted, and the post was quickly forgotten/swept under the rug.  The thinking, i guess, being that the man running the exchange was schooled by a bunch of guys on the interwebz & changed his mind.

Anyhow, gg.

Edit:  What an interesting arbitrage opportunity (BTCT<=>Bitfunder) If i had a popcorn stand in teh tubes, i'd be making a fortune now!

active mining at least is a real and registered company with known management and known to have a real 28nm asic under development.
If you hold on to your shares, you have infinitely better chances of seeing an ROI than labcoin investors.

Now share prices will tank everywhere, I think people finally wake up to the reality that issuing and trading in unregulated  securities is not something the SEC will allow. Bitfunder will have to close sooner or later too.
Either you hold you stock if you have faith the issuer will go down the same route gigavps did when glsbe closed down, or you panic sell and get screwed.

For the record, I did the latter on bitfunder. It was just a few btc playmoney but I was fast enough to get a nice profit actually. If it goes down enough, Ill gladly buy in again, even though I expect bitfunder to close shop too.

ALWAYS BET ON iCE...

Well looks like I am taking a massive loss, I think this is the appropriate time you ActiveMining haters to say I told you so!

Labcoin: Not even once.

This is one of your best posts so far crumbs.  A+ LOL sauce. 

I recommend italicizing all the Frenchisms or none of them.

/Professor iCEBREAKER

I can try, but take this with a grain of salt -- i'm not a professional trader & don't want this to be treated as advice.
That said...

The initial price disparity on the exchanges is much more interesting than what we're seeing now.  The shares represent identical underlying assets, identical stakes in the company's success, and pay out identical dividends.  Why should their price differ across exchanges?

Day traders are a possible reason.  Shares have value beyond the underlying asset they represent -- they're also valuable as game tokens.  Speculators bet on how desirable these tokens will become in the future *to other speculators*, who are, in turn, playing the same guessing game.  The shares still have their underlying asset -- they simply have another, purely speculative value superimposed.  
Burnside's gametable was hot after the IPO, and Bitfunder's wasn't.
  
As unreasonable exuberance vanished, and greater fools were no longer lining up to buy into the game, the share value began deflating to the actual worth of the underlying asset, which is (obviously) the same on both exchanges.  Ken also promised that the shares will receive .0025 in dividends before ... other stuff , so if ActM is actually going to make money, buying the shares @.0025 is a no-brainer.  The fact that the shares are currently below .0025 is a reflection on the overall lack of confidence in ActM.
If this is unclear, i'll try again.  

Edit TL;DR:  What's happening now is closer to what you would see if ActM stock was traded based on its underlying value.  Unless confidence in ActM completely vanishes, don't expect the spread to grow.

Can you explain that? Is this natural or market manipulation?

Magic moment:
The prices on BTCT & Bitfunder crossed streams @ 0.00167!1!

While Active Mining stock continues to tank on BTCT (0.001676), check out Bitfunder!  It's catching up, with 70 shares recently bought @ 0.00167!
This rally is attributed by financial press to this incisive post by VBS, where he proposes a daring, revolutionary remedy for ActM's ails.

VBS contends that the 4U case, while ideal for the older miners, lacks that certain je ne sais quois of the mini-ATX cases.  Though the standard 4U case launched ActM, and currently houses Active Mining's flagship product (nothing), VBS argues that the mini-ATX, being more au courant & in touch with the younger demimonde miners, is equally capable of housing NOTHING.

A few dissenting votes were cast on the premise that mini-ATX is ill-suited for Active Miner's nonexistent PCI-E offerings, though today's Bitfunder rally speaks for itself -- investors' confidence in ActM has crested a three-day high.

Thanks. I tried labcoin once and don't want to trade it anymore...it's too risky and crazy...

I used to believe investment, and put my 40% of coin into Asicminer (avg price 3) and now...

I have nothing against gambling -- i'm having a hard time keeping away from Labcoin.  It's frickin' tempting.  
My only gripe is there are poor slobs who think they're "investing."

I'm not saying that you will certainly lose money *trading* ActM -- you have already made money, and the shares have tanked way below IPO.  You know how to trade.  If high-risk short-term stuff is for you, why not try Labcoin?
It's much more dynamic, and people *are* making fortunes trading the shit out of it.  The books are thicker, the cap is higher, the traders livelier -- go nuts!