[ActiveMining] The Official Active Mining Discussion Thread - page 126.

4ju5tice

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Quote from: karsy on August 23, 2013, 12:39:26 PM

Quote from: madmalkav on August 23, 2013, 11:53:49 AM

Quote from: karsy on August 23, 2013, 11:23:39 AM

Anyone have any insight on the price difference between bitfunder and BTCT?

In Bitfunder there is people that bought at the original AMC IPO at 0'0005 so they are probably more willing to sell at 0'004x that people on BTCT that started buying at a higher price.

You may be right.

Very true. Additionally, there are about twice the amount of shares on bitfunder (of which about half of those IPO'd at .0005-.0008). In the beginning, .5 btc bought 1000 shares and now buys about 100 shares. There's a lot of people on bitfunder that bought these really cheap shares. Another thing to think about is the amount of speculative liquidity on btct compared to bitfunder. There have been a lot of big IPO's on btct recently that have a lot of volatility. For someone that wants to chase the volatility, it's easier for them to stay on one exchange to keep their btc most liquid. When actm gets good news, they'll buy it quick rather than try to send to weexchange and waste valuable time.

JoTheKhan

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I don't mind the Board meetings where NDA/private/confidential information is discussed, I trust that these meetings will not cause board members to do insider trading (I believe they were selected on credentials and not share amount right?).

The problem are these Rich Kid Only Shareholder meetings. If Hypothetical Jim has the right to attend a meeting solely on the amount of shares he has. Then I have just as much right to be in that meeting; whether I am allowed to voice an opinion on the meeting does not matter to me. But I DO NOT feel safe with Jim knowing information before I do, especially since he has the power to manipulate share price. I would like the chance to hear it at the same time he does.

So unless the share is locked during/right after the meeting, then no new information should be presented at this Rich Kid Only meeting.

It is disrespectful and unprofessional to say that because I haven't invested a certain amount of BTC into this company that I am excluded from any shareholder meeting. I Hold Shares; therefore the shareholder meeting is for me, hell it is named after my title with the company. A Shareholder is allowed into a shareholder's meeting. Case closed.

I do not know and frankly do not care if it is done differently in the real world. The real world has regulations to protect shareholders. This new community does not have these same rules and regulations and therefore it is up to the company and the shareholders themselves to product against misconduct such as insider trading.

zefyr0s

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Quote from: Ytterbium on August 23, 2013, 12:06:37 PM

...

I agree with you, I don't know why you think we are in disagreement on this one. About the IRC chat I was speaking about a 'shareholder meeting' of sorts over IRC. And like ff69 said, you can go in the room at any time to ask questions. This would just be a more formal version with board members and other members of Ken's team.

karsy

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Quote from: madmalkav on August 23, 2013, 11:53:49 AM

Quote from: karsy on August 23, 2013, 11:23:39 AM

Anyone have any insight on the price difference between bitfunder and BTCT?

In Bitfunder there is people that bought at the original AMC IPO at 0'0005 so they are probably more willing to sell at 0'004x that people on BTCT that started buying at a higher price.

You may be right.

Ytterbium

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Quote from: zefyr0s on August 23, 2013, 10:59:40 AM

I think that we shouldn't expect the way this board and this company acts to be exactly dictated by how things work in the fiat world. Definitely should take inspiration and methods, but an exact replica is not only unfeasible it won't make sense in some situations. There should definitely be an organized dimension to it for sure though.

Perhaps on the IRC channel shareholders are +'d and the mute command enabled. Allowing spectators to watch and shareholders to participate. Proof would be required in some way, not exactly sure how you'd go about that.

If the board is getting privileged information maybe there should be a form of lock on shares for a short time after board meetings/before information being released until good faith can prevail. I think this may have been discussed previously.

IRL you have both a shareholder meeting and a board meeting. The shareholder meeting is open to everyone, the board meeting is not.

If you have an open meeting, the board won't be able to discuss aspects of the project under NDA. You can see how that would be a problem, right?

I'm not an ActM investor (Well, I did buy one share to test btct.co while I was waiting for the Labcoin IPO). Sooo I don't really care one way or another. But presumably it would be good for the board to be able to discuss what's going with eAsic, which can't be done in a public forum.

VolanicEruptor

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Quote from: AstroBoy on August 23, 2013, 11:47:12 AM

It's Friday, where's my Satoshi dust? Weekly dividends need to be paid weekly, regardless of how small.

Please sell your shares..

madmalkav

newbie

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Quote from: karsy on August 23, 2013, 11:23:39 AM

Anyone have any insight on the price difference between bitfunder and BTCT?

In Bitfunder there is people that bought at the original AMC IPO at 0'0005 so they are probably more willing to sell at 0'004x that people on BTCT that started buying at a higher price.

redbeans2012

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Quote from: AstroBoy on August 23, 2013, 11:47:12 AM

It's Friday, where's my Satoshi dust? Weekly dividends need to be paid weekly, regardless of how small.

Last time I checked Friday had 24 hours. Plus btct has been down all day

N_S

full member

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Quote from: AstroBoy on August 23, 2013, 11:47:12 AM

It's Friday, where's my Satoshi dust? Weekly dividends need to be paid weekly, regardless of how small.

Calm down. Last week they weren't paid until after 7pm EST.

AstroBoy

newbie

Activity: 50

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It's Friday, where's my Satoshi dust? Weekly dividends need to be paid weekly, regardless of how small.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: karsy on August 23, 2013, 11:32:39 AM

Quote from: N_S on August 23, 2013, 11:27:56 AM

Quote from: karsy on August 23, 2013, 11:23:39 AM

Anyone have any insight on the price difference between bitfunder and BTCT?

I've always been under the impression this was due to volume differences between the two exchanges.

But volume shouldn't affect the price like we see it does. I believe the price should change slower than a exchange with higher volume. But the price has been around the 0.0053-55 mark on BTCT for some days now. That is what makes me wonder.

BTCT is simply way more popular and trusted. ASICMINER shares have always had the same issues with that..

karsy

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Quote from: N_S on August 23, 2013, 11:27:56 AM

Quote from: karsy on August 23, 2013, 11:23:39 AM

Anyone have any insight on the price difference between bitfunder and BTCT?

I've always been under the impression this was due to volume differences between the two exchanges.

But volume shouldn't affect the price like we see it does. I believe the price should change slower than a exchange with higher volume. But the price has been around the 0.0053-55 mark on BTCT for some days now. That is what makes me wonder.

N_S

full member

Activity: 238

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Quote from: karsy on August 23, 2013, 11:23:39 AM

Anyone have any insight on the price difference between bitfunder and BTCT?

I've always been under the impression this was due to volume differences between the two exchanges.

karsy

full member

Activity: 383

Merit: 100

Anyone have any insight on the price difference between bitfunder and BTCT?

zefyr0s

sr. member

Activity: 245

Merit: 250

I think that we shouldn't expect the way this board and this company acts to be exactly dictated by how things work in the fiat world. Definitely should take inspiration and methods, but an exact replica is not only unfeasible it won't make sense in some situations. There should definitely be an organized dimension to it for sure though.

Perhaps on the IRC channel shareholders are +'d and the mute command enabled. Allowing spectators to watch and shareholders to participate. Proof would be required in some way, not exactly sure how you'd go about that.

If the board is getting privileged information maybe there should be a form of lock on shares for a short time after board meetings/before information being released until good faith can prevail. I think this may have been discussed previously.

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: JoTheKhan on August 23, 2013, 09:17:09 AM

Quote from: CumpsD on August 23, 2013, 08:19:49 AM

Quote from: limbaugh on August 23, 2013, 08:16:52 AM

Quote from: CumpsD on August 23, 2013, 08:16:04 AM

Shouldn't have fed the trolls

You're providing the spam, what do you expect?

Voicing my opinion in the hopes to let maturity gain the upper hand again. Stay silent and nothing changes. Whatever interests me, I try to improve it, quite neutral, as I liked the ActiveMining info and took a look

Your opinion; which basically was: "Oh man, people on here are annoying. I shouldn't buy stock. Oh and I'll let them know they are annoying to piss them off." is not going to "let maturity gain the upper hand again." It is going to feed into the whining and bitching on this thread. That is what you are doing. I am not going to argue with you, I am going to let you know that your first post was consisted of whining and bitching. That is it.

Now if you truly want this forum to be strictly about the discussion of Active Mining from rational minds who are all invested in the same story that can lead to success or ruin then I hope you will drop any arguments you are currently having on this forum as they are only hurting the company in the long run. Please keep them to PM.

This is for everyone: Please stop insulting other investors on this thread. Please do not try to incite arguments on this thread. No one cares if you buy stock or not. No one cares who on this thread you do not like.

P.S. I am not trying to offend you or anyone else.

Is that your dream ?

JoTheKhan

sr. member

Activity: 378

Merit: 250

Quote from: CumpsD on August 23, 2013, 08:19:49 AM

Quote from: limbaugh on August 23, 2013, 08:16:52 AM

Quote from: CumpsD on August 23, 2013, 08:16:04 AM

Shouldn't have fed the trolls

You're providing the spam, what do you expect?

Voicing my opinion in the hopes to let maturity gain the upper hand again. Stay silent and nothing changes. Whatever interests me, I try to improve it, quite neutral, as I liked the ActiveMining info and took a look

Your opinion; which basically was: "Oh man, people on here are annoying. I shouldn't buy stock. Oh and I'll let them know they are annoying to piss them off." is not going to "let maturity gain the upper hand again." It is going to feed into the whining and bitching on this thread. That is what you are doing. I am not going to argue with you, I am going to let you know that your first post was consisted of whining and bitching. That is it.

Now if you truly want this forum to be strictly about the discussion of Active Mining from rational minds who are all invested in the same story that can lead to success or ruin then I hope you will drop any arguments you are currently having on this forum as they are only hurting the company in the long run. Please keep them to PM.

This is for everyone: Please stop insulting other investors on this thread. Please do not try to incite arguments on this thread. No one cares if you buy stock or not. No one cares who on this thread you do not like.

P.S. I am not trying to offend you or anyone else.

Ytterbium

full member

Activity: 238

Merit: 100

Presumably you would want to be able to discuss things covered by NDAs in the board meetings. That means, obviously, they need to be private.

I'm pretty sure board meetings for major corporations are totally private. I know that the HP board conspired to illegally spy on some of their employees at some point - would kind of defeat the point if that was public record (Although, it became public record after the criminal case...) Grin

There's kind of a clash of culture between the totally open, Open-source bitcoin world and the very secretive IC world. It seems like there's a culture of just making everything secret and covered by NDA by default, not bothering to see if it's something that even needs to be covered by NDA, like the cost of NRE (Although for the chip maker, it means they can charge different prices for different clients and rip off people with no experience)

CumpsD

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Activity: 476

Merit: 250

Quote from: limbaugh on August 23, 2013, 08:16:52 AM

Quote from: CumpsD on August 23, 2013, 08:16:04 AM

Shouldn't have fed the trolls

You're providing the spam, what do you expect?

Voicing my opinion in the hopes to let maturity gain the upper hand again. Stay silent and nothing changes. Whatever interests me, I try to improve it, quite neutral, as I liked the ActiveMining info and took a look

limbaugh

legendary

Activity: 1311

Merit: 1000

Quote from: CumpsD on August 23, 2013, 08:16:04 AM

Shouldn't have fed the trolls

You're providing the spam, what do you expect?

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 126. (Read 479317 times)