[ActiveMining] The Official Active Mining Discussion Thread - page 132.

EskimoBob

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Quality Printing Services by Federal Reserve Bank

Quote from: Stuartuk on August 21, 2013, 01:18:50 PM

Quote from: EskimoBob on August 21, 2013, 09:30:51 AM

Official announcement, project plan update, weekly report, monthly financial statements etc are published and people have a on-topic discussion about the released "news". This is what "The Official Active Mining Discussion Thread" should look like.

'Project plans' mean F@ck all.

Business plans, schemes, forecasts etc in this industry - you can wipe your arse on them all they are that useless - they DO NOT reliably reflect what will happen.

What has value is actions.

ACtM have a partnership with eASIC and that is soon to be announced. That has more value than 10 pages of b@llshit forecasts and business plans that will never materialize.

If in doubt check out BFL. And Avalon. And BTCGarden. And IceDrill. Mt Gox. The list goes on no doubt. Anyone care to add?

I must say that the level of stupidity and incompetence in this thread is astounding. Roll Eyes

I am not even sorry to be so blunt. Stuartuk, you are a fkn idiot. Period. Keep running around and waving your hands a.k.a "have some action". You are a fkn ~~amateur~~ joke.

Lets move on.

If the management has no plan, the "action" can not be measured/compared. Importance of this is obviously way to complicated to understand for idiots like Stuartuk and several other morons yapping here.

Ken can run around like a lunatic and waste loads of money and energy but there is no way of knowing, is Activemining on schedule or not - because there is no schedule to compare to.

He can chat with "important contacts" all fkn day and run circles around a fkn office buildings. Guess what dipshit(s), we have no idea is this enough or not... because there is no plan to compare it to. Is this concept to complicated to comprehend?

Is your invested BTC working for the Co as expected? No one knows! Because there is no way of measuring it or compare it to any fkn plan what so ever!

Cheers and keep on yapping

knybe

hero member

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decentralize EVERYTHING...

“Don't waste your time with explanations: people only hear what they want to hear.”_{—Paulo Coelho}

zefyr0s

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I'm all about having valid discussions. Healthy debate is good, there's no outright winners or losers in an argument and in fact, generally speaking the person who wins the argument is the person that actually loses out, and vice versa. If I can argue a point and you can make me change my mind, I've gained and we both win.

Maybe lets take some pointers from BTC Growth. Develop a nice FAQ with all the questions that either have been answered to death, or don't yet have an answer that can be given. If someone asks a question that is on there, we can simply respond that those questions have been answered on the FAQ and link to it in that post, and every post given as a response. If it is a new question, we can answer it and throw it onto the FAQ.

Stuartuk

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Quote from: zefyr0s on August 21, 2013, 02:10:06 PM

You're right there, it seems that is what may be a part of their intentions. But from there it comes to whether we respond personally or to their points which does get frustrating when they continue to make them, to that I don't have a solution unfortunately. We could just refute their points each time but that would get tiring. And on the other hand you can't just ignore them flat-out because then it may start to affect shareholder confidence.

Even if they stop though, there will be someone else, there always will be.

Very valid points with no real answer, except perhaps something along these lines-

“The whole secret lies in confusing the enemy, so that he cannot fathom our real intent.”
― Sun Tzu, The Art of War

Stuartuk

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Quote from: zefyr0s on August 21, 2013, 01:40:04 PM

Yeah, well it's to be expected amongst competitors. I say lets let ice drill flounder if it's going to and quit talking about it. Christ, it's almost like there's more anti-icedrill talk in here than ActM discussion. This only hurts the overall image of the company in general. As a board member, I understand your dedication and defense of ActM is what drives this sentiment, but I don't want to see it referenced on every page of the ActM thread, personally. If they go belly-up, great. If they don't, good still. Competition drives innovation.

Sure I respect your points but I don't initiate any of these absurd exchanges and crucially I only mention other investments to try to rebut these 'confidence attacks' in a manner that may lead them to cease. That necessitates the mentioning of the personal investments of the attackers. If they were into Amethyst I would be mentioning Amethyst. Obviously I have money in ACtM and naturally I don't want to see the underhand shenanigans of competing investors devalue my investment or unfairly damage an honest company.

zefyr0s

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Activity: 245

Merit: 250

You're right there, it seems that is what may be a part of their intentions. But from there it comes to whether we respond personally or to their points which does get frustrating when they continue to make them, to that I don't have a solution unfortunately. We could just refute their points each time but that would get tiring. And on the other hand you can't just ignore them flat-out because then it may start to affect shareholder confidence.

Even if they stop though, there will be someone else, there always will be.

Stuartuk

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Activity: 266

Merit: 250

Quote from: N_S on August 21, 2013, 01:39:08 PM

I think we'd all be better off if we left the vitriol off the Official Discussion thread.

People disagree with eachother - shocker! If you think someone's full of shit, let them have their say. You're not tasked with managing/co-managing their portfolio.

This has essentially turned into: stop liking what I don't like!

I think this has for a long time now been not about disagreement but about a commercial attack on your competitors. Don't think any of this is personal - except when people are genuinely offended - these exchanges are strategic and well planned. I believe they need to be tackled head first.

N_S

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Quote from: zefyr0s on August 21, 2013, 01:40:04 PM

Quote from: Stuartuk on August 21, 2013, 01:36:54 PM

Quote from: zefyr0s on August 21, 2013, 01:32:42 PM

I think the public arguing could for sure take a rest. If you have something to say to someone, maybe lets take it to PM's or start an OT thread elsewhere..

Don't you think it's funny that the biggest arguers on here today (Bargraphics and miceMan) are both active on the IceDrill thread? One says he doesn't even hold ACtM shares anymore and the other has said the company Board are insider trading so why is he still holding shares? He could sell now for a profit and get out if things are that bad. So why are these two people here?.?.?.?.?

Yeah, well it's to be expected amongst competitors. I say lets let ice drill flounder if it's going to and quit talking about it. Christ, it's almost like there's more anti-icedrill talk in here than ActM discussion. This only hurts the overall image of the company in general. As a board member, I understand your dedication and defense of ActM is what drives this sentiment, but I don't want to see it referenced on every page of the ActM thread, personally. If they go belly-up, great. If they don't, good still. Competition drives innovation.

This is bang on! Thank you!

zefyr0s

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Quote from: Stuartuk on August 21, 2013, 01:36:54 PM

Quote from: zefyr0s on August 21, 2013, 01:32:42 PM

I think the public arguing could for sure take a rest. If you have something to say to someone, maybe lets take it to PM's or start an OT thread elsewhere..

Don't you think it's funny that the biggest arguers on here today (Bargraphics and miceMan) are both active on the IceDrill thread? One says he doesn't even hold ACtM shares anymore and the other has said the company Board are insider trading so why is he still holding shares? He could sell now for a profit and get out if things are that bad. So why are these two people here?.?.?.?.?

Yeah, well it's to be expected amongst competitors. I say lets let ice drill flounder if it's going to and quit talking about it. Christ, it's almost like there's more anti-icedrill talk in here than ActM discussion. This only hurts the overall image of the company in general. As a board member, I understand your dedication and defense of ActM is what drives this sentiment, but I don't want to see it referenced on every page of the ActM thread, personally. If they go belly-up, great. If they don't, good still. Competition drives innovation.

N_S

full member

Activity: 238

Merit: 100

I think we'd all be better off if we left the vitriol off the Official Discussion thread.

People disagree with eachother - shocker! If you think someone's full of shit, let them have their say. You're not tasked with managing/co-managing their portfolio.

This has essentially turned into: stop liking what I don't like!

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: zefyr0s on August 21, 2013, 01:32:42 PM

I think the public arguing could for sure take a rest. If you have something to say to someone, maybe lets take it to PM's or start an OT thread elsewhere..

Don't you think it's funny that the biggest arguers on here today (Bargraphics and miceMan) are both active on the IceDrill thread? One says he doesn't even hold ACtM shares anymore and the other has said the company Board are insider trading so why is he still holding shares? He could sell now for a profit and get out if things are that bad. So why are these two people here?.?.?.?.?

zefyr0s

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Activity: 245

Merit: 250

Quote from: ffssixtynine on August 21, 2013, 09:53:27 AM

zefyr0s, the NDA is there for a good reason. He cannot break it and he cannot risk the business over it. This has all been considered and discussed.

Oh, I completely understand, my point wasn't for him to break the NDA but perhaps release some information not covered under the NDA which he would obviously first get permission to release. I do feel that other topics could be discussed such as distribution plans, price point, marketing opportunities, ideas for the website (besides that it needs to be updated, I know some people posted solid ideas which is great.) Basically I think people want Ken to update us on ActM the company. Obviously some of this stuff would be jumping the gun, and these are just ideas, but that's why we're here, no?

I think the public arguing could for sure take a rest. If you have something to say to someone personally (outside of a response to a point made), maybe lets take it to PM's or start an OT thread elsewhere..

Quote from: EskimoBob on August 21, 2013, 12:31:40 PM

If you look at this http://sdrv.ms/16njy51 (from: http://www.reddit.com/user/sdmented) most of the mining Co's never make back the money invested.
Only chips show a positive return on investment are the imaginary chips

This is why it's a good reason ActM isn't solely a mining company. Even if we sunk the cost of the Avalons, the loss would be recouped pretty quickly through sales, and any mining done is just a bonus after there is an actual product to sell.

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: ?? on ??

I'm looking for credible answers.... It might as well come from Stuartuk (That laughing stock of this forum).

I gave you a detailed list of credible and accurate answers but you have completely ignored them and instead come back and criticize my 'reputation'. In my book that makes you a moron. If I'm a laughing stock (which I wouldn't deny as that's for others to decide) why aren't you laughing? You seem a bit...upset??? Are you upset?

tiros

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Just another miner

Quote from: N_S on August 21, 2013, 11:57:08 AM

Quote from: tiros on August 21, 2013, 11:56:28 AM

Can someone explain are Avalon chips already delivered, and if they are to quote that post.
Thanks.

They haven't been delivered. They are delayed.

Thanks!

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: ?? on ??

The board as it stands right now is made up of 1 or 2 smart individuals and the rest are just clowns that want insider information.

You are in no position to know that, so it's a completely spurious accusation.

If you believe it's true, why haven't you f@cked off to IceDrill where you have been making friends lately?

Why are you still here? Huh

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: EskimoBob on August 21, 2013, 09:30:51 AM

Official announcement, project plan update, weekly report, monthly financial statements etc are published and people have a on-topic discussion about the released "news". This is what "The Official Active Mining Discussion Thread" should look like.

'Project plans' mean F@ck all.

Business plans, schemes, forecasts etc in this industry - you can wipe your arse on them all they are that useless - they DO NOT reliably reflect what will happen.

What has value is actions.

ACtM have a partnership with eASIC and that is soon to be announced. That has more value than 10 pages of b@llshit forecasts and business plans that will never materialize.

If in doubt check out BFL. And Avalon. And BTCGarden. And IceDrill. Mt Gox. The list goes on no doubt. Anyone care to add?

EskimoBob

legendary

Activity: 910

Merit: 1000

Quality Printing Services by Federal Reserve Bank

If you look at this http://sdrv.ms/16njy51 (from: http://www.reddit.com/user/sdmented) most of the mining Co's never make back the money invested.
Only chips show a positive return on investment are the imaginary chips

Vbs

hero member

Activity: 504

Merit: 500

Quote from: navitatl on August 21, 2013, 11:36:17 AM

Quote from: finlof on August 21, 2013, 11:17:58 AM

one point (although it might be a perceived one) that icebreaker makes is that it is probably worth it for ActiveMining to scrap the avalon clone assembly and take those chips/materials/clones and sell them sooner than later. ActiveMining might actually be able to sell them for a profit (or hopefully break even at least). and then not have the infrastructure costs (racks, power, etc) to have to cover for those machines, nor have to deal with the rising difficulty that reduces any payout these will give. even if that means that the dividends wont go up, if you are indeed in this long-term then the short-term dividend increase is LITERALLY pennies, and when compared to either reinvesting that capital elsewhere or returning it to shareholders seems to be unwise. it would seem that would be a strategy/idea to at least discuss and/or put up to shareholder vote. if we all believe in the long-term viability of ActiveMining then it will come from it's own chips, not some old technology that prob wont have an ROI.

I think you're right. From my perspective, the Avalon chips already served their purpose. They provided legitimacy for AMC while Ken raised the $1mil. Having them on order and plans in place to put them online showed investors that he's already got stuff happening. But at this point, if we can just flip 'em for a good price and avoid all the extra costs/work that come with bringing them online, I think that could be a totally viable strategy.

This is a decision to be made when the chips arrive and the machines are being assembled, so that their ROI can be calculated with much less error than today.

N_S

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Quote from: tiros on August 21, 2013, 11:56:28 AM

Can someone explain are Avalon chips already delivered, and if they are to quote that post.
Thanks.

They haven't been delivered. They are delayed.

tiros

full member

Activity: 126

Merit: 100

Just another miner

Can someone explain are Avalon chips already delivered, and if they are to quote that post.
Thanks.

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 132. (Read 479475 times)