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Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 107. (Read 479317 times)

hero member
Activity: 532
Merit: 500
https://karatcoin.co
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.
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.



sr. member
Activity: 448
Merit: 250
Just for a point of clarity - Presumably although the AVALON investment was made personally by Ken prior to the IPO, the investment was rolled into the IPO offering. I'm making this assumption because the chips are listed in the IPO and were to hash for the company, so presumably the investment was owned by the company?

It seems like a no brainer but it might be worth clarifying - I ask because having those same funds available to push the company forward would be extremely valuable.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
That's is the game right now, worth the wait in my opinion if ActM does come out on top. On the other hand I have Shares of ASICMiner, IceDrill, Lab Rat Mining as well incase things don't work out.

Don't forget CryptX, the Cointerra (28nm full custom) powered flavor of the day!

Agree with you about using the refund for more wafers/contingency stash.  

Ken can only sue Steamboat, but a Letter of Demand might help move our claim along.
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.

Where you tip your hat to patience, I'll give a nod to shortsightedness. This is a two-way street.
My estimations are exactly not shortsighted.
Of course they might be wrong though. We'll see who is right by the end of the year.

I just hope you're prepared for a lot of time in which nothing at all will happen with ActM.
Just months of sitting around on your shares, waiting.

That's is the game right now, worth the wait in my opinion if ActM does come out on top. On the other hand I have Shares of ASICMiner, IceDrill, Lab Rat Mining as well incase things don't work out.

Diversification is always a good thing.
sr. member
Activity: 448
Merit: 250
Just come online today to see the Avalon stuff. Lawsuit would be madness, as I posted on the Avalon thread some days ago. Get the refund asap if it's on offer.

As for what to do - re-invest or dividend minus the costs incurred? Any other options?

Thoughts?


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?

The real value is in the long term proposition - not in short term dividends. Reinvestment will be worth more to everyone involved.
sr. member
Activity: 266
Merit: 250
This dip could not have come at a better time, if I could just get my refund from bitpay (who have gotten it from avalon) I'll be able to stock up at a nice price.

Hope you are able to get them in time.  I think this latest "crash" will be a flash in the pan.  I would not be surprised if we hit .004 by the weekend.  Just have to wait for people to calm their shit.
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.
sr. member
Activity: 644
Merit: 250
This dip could not have come at a better time, if I could just get my refund from bitpay (who have gotten it from avalon) I'll be able to stock up at a nice price.
sr. member
Activity: 392
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.

Where you tip your hat to patience, I'll give a nod to shortsightedness. This is a two-way street.
My estimations are exactly not shortsighted.
Of course they might be wrong though. We'll see who is right by the end of the year.

I just hope you're prepared for a lot of time in which nothing at all will happen with ActM.
Just months of sitting around on your shares, waiting.
N_S
full member
Activity: 238
Merit: 100
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.

Where you tip your hat to patience, I'll give a nod to shortsightedness. This is a two-way street.
sr. member
Activity: 392
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.
N_S
full member
Activity: 238
Merit: 100
Why is there a dumping of shares going on?

down to .003 on BF
down to .0038 on btct

someone know something i dont know? board members perhaps?

Labcoin just posted pictures of chips not too long ago and everyone lost their mind.
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
Why is there a dumping of shares going on?

down to .003 on BF
down to .0038 on btct

someone know something i dont know? board members perhaps?
full member
Activity: 154
Merit: 100

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 thought the Avalons were purchased prior to the IPO out of Ken's pocket? So unless he has refunded himself, then why would the BTC go to the ActM shareholders?

That said, I'd vote for the majority to be re-invested, and the remaining portion to be split over multiple dividend periods.

That is what I thought as well. We (ie shareholders) didn't pay for these. Correct?

Correct.  They were ordered before the IPO
full member
Activity: 148
Merit: 100

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 thought the Avalons were purchased prior to the IPO out of Ken's pocket? So unless he has refunded himself, then why would the BTC go to the ActM shareholders?

That said, I'd vote for the majority to be re-invested, and the remaining portion to be split over multiple dividend periods.

That is what I thought as well. We (ie shareholders) didn't pay for these. Correct?
N_S
full member
Activity: 238
Merit: 100
Good to hear.  I know it's not necessarily Ken's fault for abiding with the NDA (that's just part of business), but at this point he really needs to be stressing to eASIC how important it is for the shareholders that makeup this company, that this information is released ASAP.

I definitely agree with this.
sr. member
Activity: 266
Merit: 250
Just come online today to see the Avalon stuff. Lawsuit would be madness, as I posted on the Avalon thread some days ago. Get the refund asap if it's on offer.

As for what to do - re-invest or dividend minus the costs incurred? Any other options?

Thoughts?


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?

A one time lump dividend payment is bad for business.

If it was 50/50 then it should be given out over time.

There is no need for a one time lump dividend its bad for the long term goals of the company.  

We just want to get a feel for what it is shareholders envision as a solution to Avalon's fiasco.

It would be nice to see the Avalon money re-invested, but what I would really like to see is the money invested in the 28nm project (which btw, is there any progress on getting a progress report on the eASIC deal?)

We are certainly pushing Ken to get this information released to the shareholders, it is of the utmost importance.

Good to hear.  I know it's not necessarily Ken's fault for abiding with the NDA (that's just part of business), but at this point he really needs to be stressing to eASIC how important it is for the shareholders that makeup this company, that this information is released ASAP.
newbie
Activity: 6
Merit: 0

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 thought the Avalons were purchased prior to the IPO out of Ken's pocket? So unless he has refunded himself, then why would the BTC go to the ActM shareholders?

That said, I'd vote for the majority to be re-invested, and the remaining portion to be split over multiple dividend periods.
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
Just come online today to see the Avalon stuff. Lawsuit would be madness, as I posted on the Avalon thread some days ago. Get the refund asap if it's on offer.

As for what to do - re-invest or dividend minus the costs incurred? Any other options?

Thoughts?


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?

A one time lump dividend payment is bad for business.

If it was 50/50 then it should be given out over time.

There is no need for a one time lump dividend its bad for the long term goals of the company. 

We just want to get a feel for what it is shareholders envision as a solution to Avalon's fiasco.

It would be nice to see the Avalon money re-invested, but what I would really like to see is the money invested in the 28nm project (which btw, is there any progress on getting a progress report on the eASIC deal?)

We are certainly pushing Ken to get this information released to the shareholders, it is of the utmost importance.
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