ActiveMining Overview and Speculation Thread - page 45.

Ozymandias

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Quote from: somestranger on July 31, 2013, 04:51:41 PM

I posted this in the other thread but people seem more concerned about whining about share tendering than actually discussing ActM:

Has anyone thought about how the recent rise in price to over $100/btc will affect paying the NRE? I think we will see positive news sooner than expected because Ken raised funds assuming ~$90/btc. Now it should be significantly easier to sell for that price or higher on Tradehill. He might even have $100-200k extra to speed up the expansion process further. The price is going to go through the roof!

That is a very good point! The extra money should easily cover the remaining expenses (if any still exist) for the Klondike boards and Avalon clones.

somestranger

hero member

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Are You Shpongled?

I posted this in the other thread but people seem more concerned about whining about share tendering than actually discussing ActM:

Has anyone thought about how the recent rise in price to over $100/btc will affect paying the NRE? I think we will see positive news sooner than expected because Ken raised funds assuming ~$90/btc. Now it should be significantly easier to sell for that price or higher on Tradehill. He might even have $100-200k extra to speed up the expansion process further. The price is going to go through the roof!

adameb

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Quote from: mrtchipr on July 31, 2013, 04:12:38 PM

Quote from: adameb on July 31, 2013, 04:02:34 PM

Yah the tide's coming back in quickly, i'm already up 55% on the extra shares I picked up an hour ago, and this boost is just from people whose money didn't get transferred in quick enough for the IPO. If it wasn't for the BTCGarden variable, it'd be easy to see us back at .0085 by this evening.

Am I missing something here?
They're issuing 2 million shares but there's only an order of 87,000 shares at the moment.

https://btct.co/security/BTCGARDEN

I don't understand what the hype is about.

I'm not sure either, it just wouldn't surprise me if some of speculators decide to throw some coins there after they get their Lab 'deposit' funds back.

neilol

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Quote from: Panterino on July 31, 2013, 03:42:07 PM

Quote from: Sou on July 31, 2013, 03:39:05 PM

Now it's about time for some panic buy's Cool

Hilarious

There are some people who have/are making serious money off of these price swings

mrtchipr

newbie

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Quote from: adameb on July 31, 2013, 04:02:34 PM

Yah the tide's coming back in quickly, i'm already up 55% on the extra shares I picked up an hour ago, and this boost is just from people whose money didn't get transferred in quick enough for the IPO. If it wasn't for the BTCGarden variable, it'd be easy to see us back at .0085 by this evening.

Am I missing something here?
They're issuing 2 million shares but there's only an order of 87,000 shares at the moment.

https://btct.co/security/BTCGARDEN

I don't understand what the hype is about.

adameb

member

Activity: 76

Merit: 10

Yah the tide's coming back in quickly, i'm already up 55% on the extra shares I picked up an hour ago, and this boost is just from people whose money didn't get transferred in quick enough for the IPO. If it wasn't for the BTCGarden variable, it'd be easy to see us back at .0085 by this evening.

camu6

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it has begun!

N_S

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Quote from: Sou on July 31, 2013, 03:39:05 PM

Now it's about time for some panic buy's Cool

Let's hope.

The people involved in BTC securities are fucking insane.

Panterino

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Quote from: Sou on July 31, 2013, 03:39:05 PM

Now it's about time for some panic buy's Cool

Hilarious

Sou

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(Bitcoin related text here)

Now it's about time for some panic buy's Cool

ChefBorjan

full member

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Merit: 100

Just look at the sell offs going on all over BTC-TC (ASICMiner is selling for 3.7)... its a literal panic to get in the LabCoin door. I think you'll all have the right idea, once those coins are refunded everything will bounce back up.

ChronoX5

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Activity: 72

Merit: 10

Quote from: neilol on July 31, 2013, 01:39:20 PM

In positive news...AMC is holding .004. I'm fairly surprised

Edit: in other positive news, while all the lemmings are focused on trying to get into Labcoin IPO, we are presented with a pretty good buying opportunity in just about everything else

This is going to be hilarious once the 66% of the Labcoin IPO Money gets refunded. I don't think I'll be getting any sleep tonight.

drdanishkhan

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Hes given away the secret for non labcoiners Tongue

Panterino

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Quote from: adameb on July 31, 2013, 02:11:26 PM

Somewhere between 6 and 8 hours from now, everyone will find out exactly how much of their Labcoin bid didn't go through; based on how things look now, I'm guessing that'll be like 75% of their labcoin offering.

Some might choose to use some of that money to buy labcoin at a premium, but the majority of that money will flow right back into the current underpriced stocks, pushing their value back up - with some remaining decrease. If you don't have any coinage to spend, just don't even watch until tomorrow. If you do, now's a great time to spend.

This

adameb

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Activity: 76

Merit: 10

Somewhere between 6 and 8 hours from now, everyone will find out exactly how much of their Labcoin bid didn't go through; based on how things look now, I'm guessing that'll be like 75% of their labcoin offering.

Some might choose to use some of that money to buy labcoin at a premium, but the majority of that money will flow right back into the current underpriced stocks, pushing their value back up - with some remaining decrease. If you don't have any coinage to spend, just don't even watch until tomorrow. If you do, now's a great time to spend.

neilol

sr. member

Activity: 302

Merit: 250

In positive news...AMC is holding .004. I'm fairly surprised

Edit: in other positive news, while all the lemmings are focused on trying to get into Labcoin IPO, we are presented with a pretty good buying opportunity in just about everything else

gog1

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Activity: 756

Merit: 500

Quote from: Rannasha on July 31, 2013, 12:40:09 PM

Quote from: knybe on July 31, 2013, 12:39:18 PM

no seriously, wtf is going on?

(S) 9 @ 0.36050000 BASIC-MINING
(S) 4 @ 0.38510000 COGNITIVE
(S) 14 @ 0.03860000 TAT.ASICMINER
(S) 25 @ 0.00421000 ACTIVEMINING
(S) 5 @ 3.80100000 ASICMINER-PT

Abandon all ships!

is it because bitcoin price is going up?

Because people are jumping on the Labcoin IPO hypetrain (selling existing assets to free up funds), hoping for a quick multiplication of the IPO price.

I do think that higher BTCUSD prices have something to do with it.

drdanishkhan

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