Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 114. (Read 479317 times)

I would like to add my comments to this thread please in regards to this, I believe this has been a long time coming and I've bitten my lip until now as this isn't my "usual" type of post.

They are not directed at anybody in particular and are just my views on this situation.


I liquidated 99% of my other stocks to go all in to ActiveMining. (The only reason it's not 100%is because I couldn't sell my remaining AsicMining direct shares - In fact if anybody wishes to swap, to show prove my below statements? Let me know).


Not to go into details, however; if I sold now I would be very happy with the Bitcoins received.
This obviously puts me in the pro-ActiveMining category.


The reason I am not selling now is that I have a lot of faith in Ken, his team and our newly appointed Advisory / Shareholder Board Members.

I see on this thread particularly and on other stock threads to a lesser degree different members with the same message "the end is nigh" etc. I'm not sure how well organised these attempts at market manipulation are, however they occasionally work and cause slight dips to allow them to buy in cheaper whilst taking advantage of lesser experienced stock holders.


At this point in time I for one am happy, some may call it blind faith but I'd rather have no posts from designated ActiveMining members than have constant fluffer posts to keep the inexperienced, the manipulators and needy members happy (That doesn't apply to everyone asking questions or requesting updates).

I strongly believe 100% that if things weren't going to plan we'd be seeing these aforementioned fluffer posts on a regular basis.
This is a real world business being built from the ground up here and not just an automated e-commerce drop shipping website.
I would not stand for this type of constant neediness and requests for updates in my "real world" line of work.


For these reasons, my gut instinct and the slight updates to the website and model line, that we'll be seeing a hugely positive update in the not too distant future. This update and progress will make us investors with faith extremely happy and not just in a monetary sense.


ActiveMining have already done enough thus far to earn our and especially my trust in them otherwise they'd never have gotten  out of the IPO phase.


I look forward to seeing an update in the not too distant future when applicable, with real updates.


Obviously what I have put above is the inverse of what I was complaining about in regards to attempts at market manipulation.
Therefore please everybody do your own personal due diligence in this and any stock, and not just take the advice and word of any forum member at face value.


- This is a cross post from the speculation thread due to accidentally posting there from my phone.

We need more of this:



Lets all be friendly now and have fun... hopping and hoping

Perhaps that was a dumb question.

NDA.

You're right, i guess...  
Not only are there no fundamental price cues (Because: NDA), but also no real market indicators (Because: market depth).
No matter what, disregard & hold.  
Bulletproof argument

Vbs is on holiday. Streets is working. Lewicki is working on the new website. As far as the others, I'm not sure.

That just seems...odd. What are you thinking would be the reason behind this?

Intentional Radio silence.

Perfect summary.

Do we have any idea where Vbs, ffs, or some of the other board members are?

Nailed it - I've been saying for weeks the the issue with these markets is the lack of liquidity. The volume is so low compared to outstanding shares that the high volatility and movements in price mean almost nothing.. it can double as fast as it can be cut in half.

Lack of ANY communication from board/owners is still worrying though.

In all honesty I've invested with what I consider "free money" so whatever happens will happen.

I'll ride this train to whatever price point it wants to go.

Still; it would be nice if our fearless, NDA addled, conductor would pop his head in the coach section and tell us where we're headed.

Err...  Prices drop because ... not enough willing buyers.  
Please accept this Real Important Prize in Economics, but give us time, we're not yet ready for this much brilliance.

You're not alone my friend 

And that's why I'm backing ACtM.

You are smart.

You're right about that. The BTC up for bid on btct was just over 100...Although we're down a couple points the bids are now up to 300BTC. Very good sign. Im still holding, still in profit mode and not selling anytime soon

I'm sure this will be very interesting to all the people with brown pants to wash today-

My manual calculations show that since this recent sell off started approx:
30k shares total were sold on BF
65k total were sold on btc.co

So with 10Mill shares owned by investors, that means only around 100th of the stock was sold (1%) - which is in all reality utterly insignificant.

Why did price plunge on such a minor sell-off? The reason exchanges price dropped (on average about 20%ish) is that there were no buyers supporting the market.

Why were there no buyers? A few reasons, the main I would say being everyone who is interested knows where the company is in terms of development/being pre-news release and is at this point already invested as far as they can/want to go. With little buying pressure any stock is vulnerable to a price dip like this when sellers enter the market (wishing to realise some FIAT most likely).

So if you now understand the reason for it and you see 99% of shares were held tight today I'm sure you can safely put on a clean pair, settle down, and get ready for the ride.

Comments?

don't forget me pls

don't be a silly ass.