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Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 106. (Read 479317 times)

sr. member
Activity: 392
Merit: 250
Of all the 3rd gen 28nm ASICS, ACTM's chip will be the gimpy 386SX version.  "Remember, SX stands for 'sucks'."

Hahah, air-tight logic there Smiley

Yes, the implicit logic is air-tight.

For all time values approaching SoonTM,

[EZcopy 1/2(ass) ASIC *0.28nm] << [Full Custom ASIC *0.28nm]

And ACTM profit tends toward Zero.

I think you're trying so hard to push the price down, someone actually took your hardcore effort as an opposite signal and bought some shares up.  LOL.  Nice one..
N_S
full member
Activity: 238
Merit: 100
Of all the 3rd gen 28nm ASICS, ACTM's chip will be the gimpy 386SX version.  "Remember, SX stands for 'sucks'."

Hahah, air-tight logic there Smiley

Yes, the implicit logic is air-tight.

For all time values approaching SoonTM,

[EZcopy 1/2(ass) ASIC *0.28nm] << [Full Custom ASIC *0.28nm]

And ACTM profit tends toward Zero.

your FUD really needs work. I've seen better out of you :/
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Of all the 3rd gen 28nm ASICS, ACTM's chip will be the gimpy 386SX version.  "Remember, SX stands for 'sucks'."

Hahah, air-tight logic there Smiley

Yes, the implicit logic is air-tight.

For all time values approaching SoonTM,

[EZcopy 1/2(ass) ASIC *0.28nm] << [Full Custom ASIC *0.28nm]

And ACTM profit tends toward Zero.
N_S
full member
Activity: 238
Merit: 100
Of all the 3rd gen 28nm ASICS, ACTM's chip will be the gimpy 386SX version.  "Remember, SX stands for 'sucks'."

Hahah, air-tight logic there Smiley
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
My thoughts exactly.  I've held on this long.   No sense in backing out now.  Just one announcement is all it will take.

Keep thinking that as ActM drops and LC rises and overtakes it. I sold back when ActM was 0.006x and bought into LC because it was just so blatantly obvious that LC would beat ActM to the post. I still think ActM will be successful though (despite Ken's incompetence). I just think LC will see success first. If I'm right, I'll be able to take advantage of the rise in share price of both companies to make a double killing. If you are right and I'm wrong, then both of us will only be able to take advantage of the rise in share price from one of the companies.

It baffles me that you guys can't see the writing on the wall, it's 72pt bold!

I've been telling them since it was possible to get out at 0.0045.  They didn't listen, preferring to ignore/ridicule/shoot the messenger.

ACTM is worth cash on hand/#shares, at most.  That's BTC0.001.  Considering they blew their $1,000,000 on obsolete half-ass EZ-copy tech, probably far less.  

Of all the 3rd gen 28nm ASICS, ACTM's chip will be the gimpy 386SX version.  "Remember, SX stands for 'sucks'."

Rapid turn-around time, the sole advantage of eASIC's EZ-copy quick-and-dirty process, has been lost due to the window of opportunity rapidly (Bitcoin time) closing slamming shut.
member
Activity: 75
Merit: 10
Keep thinking that as ActM drops and LC rises and overtakes it. I sold back when ActM was 0.006x and bought into LC because it was just so blatantly obvious that LC would beat ActM to the post. I still think ActM will be successful though (despite Ken's incompetence). I just think LC will see success first. If I'm right, I'll be able to take advantage of the rise in share price of both companies to make a double killing. If you are right and I'm wrong, then both of us will only be able to take advantage of the rise in share price from one of the companies.

It baffles me that you guys can't see the writing on the wall, it's 72pt bold!

Some people don't want to make the plays you're making. It's all going to be okay - just relax.

Yep that would be me. I don't have the balls to play stocks back and forth like that.

Please correct me if I'm wrong, but as a long-term player, I don't really care what the share price is at this point in time.  When progress is made and the press releases start coming around, investors will jump back in bringing the value up. Whether the price hits 0.006 or 0.0006 it really doesn't matter. At this point the company doesn't rely on share price. They have the startup money they need and are working with that.  Now it's just a matter of having patience, which many people lack.  Not that it's a bad thing, it's just not the way I play.
full member
Activity: 210
Merit: 100
Stuartuk, do you have the numbers? What was needed for this 0.001 price drop? It seems like a bit thing but you're saying it doesn't say much?

Look at the post I made about this yesterday. The price drop yesterday was a result of a total of under 1% of shares being sold with none being bought - and it's the same today no doubt.

That's impossible.  
You need both a buyer and a seller for sales to to take place, no matter if it's one or one hundred percent of total shares.

Quote
It's an utterly insignificant amount of stock being sold. The fall is due to a lack of buyers not a swathe of sellers.

What a nice way of seeing it.  The glass isn't almost empty, it's a teeny bit full.  Regardless, the low ratio of willing buyers to willing sellers is exactly what's responsible for plummeting prices.  Always.  No exceptions.

Quote
The sellers are realising FIAT due to btc increase, it's a perfectly 'normal' selling streak but unfortunately at this particular time in the companys development there are no buyers because everyone is invested up to the hilt and/or waiting for the news.

In other words, no one wants to buy -- i get it.  Labcoin is doing real well, how is that possible with everyone already invested???

Quote
A substantial div right now could not come at a better time. Despite this price plunge 99% of ACtM shareholders are holding tight. They will reinvest the div and share price will not only recover it will stabilize. [...]

By your own logic, the market can't support any sizable selloffs -- there aren't any buyers.

N_S
full member
Activity: 238
Merit: 100
Keep thinking that as ActM drops and LC rises and overtakes it. I sold back when ActM was 0.006x and bought into LC because it was just so blatantly obvious that LC would beat ActM to the post. I still think ActM will be successful though (despite Ken's incompetence). I just think LC will see success first. If I'm right, I'll be able to take advantage of the rise in share price of both companies to make a double killing. If you are right and I'm wrong, then both of us will only be able to take advantage of the rise in share price from one of the companies.

It baffles me that you guys can't see the writing on the wall, it's 72pt bold!

Some people don't want to make the plays you're making. It's all going to be okay - just relax.
legendary
Activity: 826
Merit: 1004
Labcoin just posted pictures of chips not too long ago and everyone lost their mind.
Or... you can just call it the appropriate shift in valuation that was long coming.
Labcoin will be mining with their chips in less than 2 weeks, while ActM lives off the promise off 28nm chips that will most likey not be hashing any earlier than december. I tip my hat to anyone with so much patience, but if you want to see success soon, you'll go with LC.

Those chips will be generating dust as soon as the big 28nm players come to the market.  Don't get me wrong, people are entitled to jump on quick money, but I'm in ActM for the long haul.

Do you think ActM's share price is going to increase significantly in the next 2 weeks? Labcoin's will. If you sold your ActM shares now, bought Labcoin shares, sold them 2 weeks from now, then bought ActM shares, you'd end up with at least 2x as many ActM shares.

That's a big gamble, if Labcoin doesn't and ActM goes back up after some news leaks then you are down shares. Not only that but there's honestly not THAT many shares being sold so you'd have to pay a premium to acquire a decent amount of share back.

This is why I won't play that game. You are one announcement from being buried with a bag in your hand. For all we know Ken is getting permission to share where in development the FastHash is. That ONE announcement would change the whole mining landscape, possibly to the great detriment of Labcoin.

My thoughts exactly.  I've held on this long.   No sense in backing out now.  Just one announcement is all it will take.

Keep thinking that as ActM drops and LC rises and overtakes it. I sold back when ActM was 0.006x and bought into LC because it was just so blatantly obvious that LC would beat ActM to the post. I still think ActM will be successful though (despite Ken's incompetence). I just think LC will see success first. If I'm right, I'll be able to take advantage of the rise in share price of both companies to make a double killing. If you are right and I'm wrong, then both of us will only be able to take advantage of the rise in share price from one of the companies.

It baffles me that you guys can't see the writing on the wall, it's 72pt bold!
sr. member
Activity: 644
Merit: 250
I've literally pulled over on the drive home to see if funds have cleared to buy more BTC - damn share price has gone up in the mean time. damn damn damn!

Actually share price (at least the bids) are right around 0.004, which still is a very good purchase price.

member
Activity: 70
Merit: 10
It's ok, someone just ate through two of the walls.  It'll drop more by the looks.
sr. member
Activity: 448
Merit: 250
I've literally pulled over on the drive home to see if funds have cleared to buy more BTC - damn share price has gone up in the mean time. damn damn damn!
sr. member
Activity: 266
Merit: 250
Stuartuk, do you have the numbers? What was needed for this 0.001 price drop? It seems like a bit thing but you're saying it doesn't say much?

Look at the post I made about this yesterday. The price drop yesterday was a result of a total of under 1% of shares being sold with none being bought - and it's the same today no doubt. It's an utterly insignificant amount of stock being sold. The fall is due to a lack of buyers not a swathe of sellers. The sellers are realising FIAT due to btc increase, it's a perfectly 'normal' selling streak but unfortunately at this particular time in the companys development there are no buyers because everyone is invested up to the hilt and/or waiting for the news.

A substantial div right now could not come at a better time. Despite this price plunge 99% of ACtM shareholders are holding tight. They will reinvest the div and share price will not only recover it will stabilize.

tbh it's not a biggie for me but it will prevent the possibility of a panic sell-off (through which I would hold and buy more) and is much better use of the btc than holding it in the bank where it will never be used. For the greater good the div should be made but thinking about it the longterm investers with btc in reserve would benifit from a crash/flash crash on a panic sell.
hero member
Activity: 887
Merit: 1000
It seems people are requesting refunds for their avalon chips.. will Ken be doing this?

It seems there's a consensual shareholder response of: we sure hope so.

So the refunds happen with BTC?  Does avalon give back the same BTC that you paid or do they adjust for the higher value?
legendary
Activity: 826
Merit: 1004
Labcoin just posted pictures of chips not too long ago and everyone lost their mind.
Or... you can just call it the appropriate shift in valuation that was long coming.
Labcoin will be mining with their chips in less than 2 weeks, while ActM lives off the promise off 28nm chips that will most likey not be hashing any earlier than december. I tip my hat to anyone with so much patience, but if you want to see success soon, you'll go with LC.

Those chips will be generating dust as soon as the big 28nm players come to the market.  Don't get me wrong, people are entitled to jump on quick money, but I'm in ActM for the long haul.

Do you think ActM's share price is going to increase significantly in the next 2 weeks? Labcoin's will. If you sold your ActM shares now, bought Labcoin shares, sold them 2 weeks from now, then bought ActM shares, you'd end up with at least 2x as many ActM shares.

That's a big gamble, if Labcoin doesn't and ActM goes back up after some news leaks then you are down shares. Not only that but there's honestly not THAT many shares being sold so you'd have to pay a premium to acquire a decent amount of share back.

This is why I won't play that game. You are one announcement from being buried with a bag in your hand. For all we know Ken is getting permission to share where in development the FastHash is. That ONE announcement would change the whole mining landscape, possibly to the great detriment of Labcoin.

That announcement will increase the share price by a tiny amount. It won't change the mining landscape at all. Not even mining devices being sold will do that. Too many players in the game now.
N_S
full member
Activity: 238
Merit: 100
It seems people are requesting refunds for their avalon chips.. will Ken be doing this?

It seems there's a consensual shareholder response of: we sure hope so.
hero member
Activity: 887
Merit: 1000
It seems people are requesting refunds for their avalon chips.. will Ken be doing this?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.

What about a 50/50 split on reinvestment and issuing of dividend from any available refund?  The shareholders need to be taken care of in some fashion surrounding this Avalon flub.

Thoughts?

I think people are missing the significance of a 50% div payout. Most people will reinvest it into ACtM and that will give the share price much needed buying pressure and stabilise the stock at a reasonable level.

These latest plunges are still on very very low volume. Only a handful of btc is being liquidised, a tiny fraction of public shares are being traded, yet it's making the stock looking shaky because shareholders by and large have no more funds available to buy and support price. Confidence is being knocked as a result.

If Streets is suggesting this split then obviously the company doesn't need all of the refund for investment. We are liquid.

I vote give 50% to shareholders, get the buying pressure back. Confidence is important and a strong stock will  attract not only more investors but more hardware purchasers.

NB - a significant div payout means Kens shares will be closer to getting divs too. Do you know what that means? It means he values his future divs MORE than circa 100kUSD in his pocket right now. That is real confidence. And it's all we need to know about the future of this company.

Ken's job is to make ACTM a success, not cater to the needs of speculators who wish to drop the hot potato to which they find themselves married.

Avalon refunds should go towards more wafers and rainy-day money, not be blown on a one-time, feel-good sugar rush for blowhard speculators like Stuart.
sr. member
Activity: 266
Merit: 250

What about a 50/50 split on reinvestment and issuing of dividend from any available refund?  The shareholders need to be taken care of in some fashion surrounding this Avalon flub.

Thoughts?

I think people are missing the significance of a 50% div payout. Most people will reinvest it into ACtM and that will give the share price much needed buying pressure and stabilise the stock at a reasonable level.

These latest plunges are still on very very low volume. Only a handful of btc is being liquidised, a tiny fraction of public shares are being traded, yet it's making the stock looking shaky because shareholders by and large have no more funds available to buy and support price. Confidence is being knocked as a result.

If Streets is suggesting this split then obviously the company doesn't need all of the refund for investment. We are liquid.

I vote give 50% to shareholders, get the buying pressure back. Confidence is important and a strong stock will  attract not only more investors but more hardware purchasers.

NB - a significant div payout means Kens shares will be closer to getting divs too. Do you know what that means? It means he values his future divs MORE than circa 100kUSD in his pocket right now. That is real confidence. And it's all we need to know about the future of this company.

sr. member
Activity: 266
Merit: 250
Labcoin just posted pictures of chips not too long ago and everyone lost their mind.
Or... you can just call it the appropriate shift in valuation that was long coming.
Labcoin will be mining with their chips in less than 2 weeks, while ActM lives off the promise off 28nm chips that will most likey not be hashing any earlier than december. I tip my hat to anyone with so much patience, but if you want to see success soon, you'll go with LC.

Those chips will be generating dust as soon as the big 28nm players come to the market.  Don't get me wrong, people are entitled to jump on quick money, but I'm in ActM for the long haul.

Do you think ActM's share price is going to increase significantly in the next 2 weeks? Labcoin's will. If you sold your ActM shares now, bought Labcoin shares, sold them 2 weeks from now, then bought ActM shares, you'd end up with at least 2x as many ActM shares.

That's a big gamble, if Labcoin doesn't and ActM goes back up after some news leaks then you are down shares. Not only that but there's honestly not THAT many shares being sold so you'd have to pay a premium to acquire a decent amount of share back.

This is why I won't play that game. You are one announcement from being buried with a bag in your hand. For all we know Ken is getting permission to share where in development the FastHash is. That ONE announcement would change the whole mining landscape, possibly to the great detriment of Labcoin.

My thoughts exactly.  I've held on this long.   No sense in backing out now.  Just one announcement is all it will take.
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