Topic: ActiveMining Overview and Speculation Thread - page 42. (Read 168100 times)

EskimoBob... chill the F out.

Prove it by posting a picture of of Ken wearing his red underwear on top of his blue elastic tights.. or I do not believe you

LOL

Pretty sure Ken just takes the mining revenue and splits it up between exchanges proportional to the share numbers on each.

It is ridiculous that there isnt a formal process for any of this stuff. But don't worry Ken is superman and needs no help.

And before you write something really idiotic, let me ask this: Do you know how profit for a period (day, month, week, hour, year) is calculated?

Please tell me, how do you pay dividends if you have no PL statement for the period you pay dividends for?
If ActiveMining can not produce a fkn PL statement before 15th of every month (no idea why it take so long!) how do you expect them do distribute the fkn profits? Invent a number and pay? Fabulous idea indeed!
Or is this "dividend" something else that rest of the world considers a dividend?

Amazing!

Oh ok I read somewhere Friday but I thought they were talking about next Fri..

Thanks for the Info and the FAQ link..

If you have questions like this, I suggest you always check the new info/FAQ page http://www.activeminingbtc.com/ before posting in either ACTM threads here on Bitcointalk. We will try to keep it updated with the latest information on relevant matters.

Very.

They aren't delayed a week, they are delayed to Friday (today for most) because Ken was meeting with the Engineers this week.

Why are Div's being delayed a week?

GAZPROM has daily news... and it is great, so much progress, cheap shares, almost monopol player in Europe in gas sector

Geez, price is getting great. It might go down more, in fact I hope so that I can invest more into it... It looks like it will have a breakout in some direction. I imagine it will go up at least 30% when news of EASIC is made official in a few weeks. Something that I don't think many people understand about btc mining/hardware stocks is that as the difficulty increases to the ridiculous levels that they will, the Watts/GH will be a much more significant cost, basically making it so that equipment with lower operating costs, although more expensive initially, will pay themselves off much quicker. 28nm technology will win. There's no doubt about it. Ken isn't wasting time with old technology that will become more and more obsolete as time goes on. It's a better strategy. If ACTM and labcoin were playing Settler's of Catan, Ken would probably win. He's got a monopoly on the ore and he's building mad cities; Labcoin's stuck on the sheep port.

Another phenomena that is occurring now is that people are hopping onto all these IPO's hoping to be the next ASICMINER. Even I participated in the Labcoin IPO, and I am glad I did. Luckily, I got out at a price much higher than it is now. I figured I might as well benefit from the IPO since it was sooo hyped and I figured that ACTM wasn't really doing much. Now I'm back in ACTM, just ACTM. Sure, labcoin might go up, probably will in the coming months. But at this point I'm ready to just sit onto my holdings of ACTM instead of being a hawk on these forums. I believe in Ken, he knows what he's doing. He's got a few companies working for ACTM right now. It might take a while from this point on. But I strongly believe ACTM is the way to go. Regardless, it's an exciting time for btc.

Good luck Ken. And thanks to all of my fellow forum posters, you guys have really helped educate people about the potential of ACTM.

Completely agree with your conclusions, just pointing out that once hardware revenues get paid as dividends the share price will rise in tandem.

Do we know if Ken has any plan on moving USD payments for hardware into bitcoin for dividend payments? He seemed to have a difficult time converting the NRE, and hopefully he plans on selling more than $1m worth of hardware..

I'm not saying that the share value will be worth $1,000,000 in 12 months but that it's entirely possible that someone who today owns 50,000 shares will be be $1,000,000 better off than they are right now.

If the share value in 12 months is 0.08 btc thats $400,000 with bitcoin being valued at $100.

Add to that the divs from mining revenue which won't take you up to $1,000,000.

That leaves the divs from selling hardware, payed together with the mining divs.  It's here that I forsee the greatest gains and I honestly believe that we are in for an almighty shock when the numbers start coming in.

This was our biggest coup when AMC became ActM.

If my speculation is way off the mark, let's says by a 50% over estimation, then what if the value of bitcoin in 12 months is actually $200 or even higher?

Either way the future for ActM is very bright indeed.

I'm by no means an expert at this stuff but isn't that an Apples an Oranges comparison? The stocks you trade in the "real world" are not startups, correct? Nor are they unregulated securities in a financial space that has seen a comparatively large number of scams. I don't support any statement that we need daily updates, I just think it's worth pointing out some of the differences between traditional stocks and Bitcoin based stocks that might compel a shareholder to request regular and meaningful updates.

And just for a comparison that might be a little closer to the environment we're in...
https://investors.startup.sx/

EDIT: At the same time, this is the stock we all bought into and bi-weekly updates were not part of the deal.

Rawted,

I trade stocks in the FIAT / "real world" also. Which company has daily PR announcements?
Apple often has radio blackouts before they announce something. Sure, some companies manipulate with rumors and leaks, but which companies have daily or even weekly announcements?

I just looked at it briefly, but does it even factor in release date?  I lost interest before I could figure it out.

The chart is crap due to the prices being wrong. When did BFL increase the price of the 5 Gh/s to 1,000 GBP (1,510.80 USD)? When did USD and GBP become worth the same amount?

Excellent work, I'd send a tip if I had some non-invested coins.

Bitcoin difficulty / ROI chart
http://sdrv.ms/16njy51

credit goes to:
http://www.reddit.com/user/sdmented