[ActiveMining] The Official Active Mining Discussion Thread - page 177.

4ju5tice

member

Activity: 111

Merit: 10

Quote from: ArcticWolf on August 06, 2013, 09:00:12 PM

Point of reference:
BTCGarden IPO price: 0.016 Currently: 0.015
Labcoin IPO price: 0.001 Currently: 0.0015

Don't forget us .0005 AMC IPO'ers.

AMC IPO price: 0.0005 Closing: 0.0052

Then wait for Ken's next chunk of news. The coming weeks are probably the cheapest this stock will ever be.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: somestranger on August 06, 2013, 08:20:50 PM

Quote from: ronaldlee0917 on August 06, 2013, 08:00:04 PM

Quote from: zumzero on August 06, 2013, 06:08:43 PM

They have six days to raise over 20,000 btc or the IPO fails.

And on Bitfunder.......
Most likely a failure.

I don't know about that...

The circle jerk isn't over until VolcanicEruptor eats the biscuit in the middle.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

selling below .006 is crazy IMO, seeing as how that seems to always be the stable rebound.
When I see anyone selling below .006 all I can think is "noob". No offense, noobs

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: VolanicEruptor on August 06, 2013, 09:02:17 PM

Now people are a bit skeptical. It's going to start to get harder and harder to convince us to fund these random start-ups. Cheesy

I agree to an extent. BTCGARDEN was obviously not going to explode like Labcoin since the IPO was so expensive, but that doesn't mean certain speculators *cough* didn't make 5-10% overnight. That is nothing to sneeze at, although the 200% profit from Labcoin was unreal.

The ActiveMining "rally" is just me getting some cheap shares after I sold earlier today Roll Eyes

. Thank you investing newbies. I should really just leave the FUD to iCEBREAKER because he has much better technique than me.

Can't wait til we hear about the eASIC deal. I hope this deal closes this week so that production can start ASAP.

redbeans2012

hero member

Activity: 887

Merit: 1000

Quote from: VolanicEruptor on August 06, 2013, 09:02:17 PM

I think BTCgarden kind of gave us a reality check regarding IPO's. As their last shares were being sold off, there were speculators literally popping champagne bottles and celebrating in preparation for a huge share price increase....and then.... nothing. As for long-term, they are stuck trying to translate broken English from these shady Chinese kids.

Now people are a bit skeptical. It's going to start to get harder and harder to convince us to fund these random start-ups. Cheesy

I'm thinking the thing that really stopped BTC GArden's rise after the IPO was the fact that people were unsure when they would have more shares dumped on them

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Quote from: ArcticWolf on August 06, 2013, 09:00:12 PM

Quote from: CMMPro on August 06, 2013, 08:44:28 PM

Seems like a small rally there as people are snapping up tonight's sale prices.

All these new IPO's are just more piss in the pool...
The only reason they are seeing some initial success is due to speculators trying to make something in the first burst of energy.

No one can say they actually think all these guys will come out with their own asic hardware or "world class" mining operations in a meaningful timeframe that won't be impacted by difficulty substantially.

Look at this latest bs with ICEDrill/Deadterra and his overly optimistic spreadsheet. This is basically a bait and switch....show stupidly positive numbers on a spreadsheet an hour before IPO? Wtf? If someone hadn't called him out on it I'm sure people were making poor buying decisions based on that spreadsheet.

Back on thread though....I'm sure we will be in limbo until we hear from Ken regarding the NRE success...then things will start to happen as we get delivery dates etc. I see he has turned things around and this fund has some tangible value now. Just my opinion.

Investors will run to both ASICMiner and Activeminer once they see these other piss ant IPO's for what they are, not before losing a pile of coin to failed dreams.

Point of reference:
BTCGarden IPO price: 0.016 Currently: 0.015
Labcoin IPO price: 0.001 Currently: 0.0015
ActiveMining IPO price: 0.0025 Currently: 0.0058

I think we will be fine.

Exactly.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

I think BTCgarden kind of gave us a reality check regarding IPO's. As their last shares were being sold off, there were speculators literally popping champagne bottles and celebrating in preparation for a huge share price increase....and then.... nothing. As for long-term, they are stuck trying to translate broken English from these shady Chinese kids.

Now people are a bit skeptical. It's going to start to get harder and harder to convince us to fund these random start-ups. Cheesy

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: CMMPro on August 06, 2013, 08:44:28 PM

Seems like a small rally there as people are snapping up tonight's sale prices.

All these new IPO's are just more piss in the pool...
The only reason they are seeing some initial success is due to speculators trying to make something in the first burst of energy.

No one can say they actually think all these guys will come out with their own asic hardware or "world class" mining operations in a meaningful timeframe that won't be impacted by difficulty substantially.

Look at this latest bs with ICEDrill/Deadterra and his overly optimistic spreadsheet. This is basically a bait and switch....show stupidly positive numbers on a spreadsheet an hour before IPO? Wtf? If someone hadn't called him out on it I'm sure people were making poor buying decisions based on that spreadsheet.

Back on thread though....I'm sure we will be in limbo until we hear from Ken regarding the NRE success...then things will start to happen as we get delivery dates etc. I see he has turned things around and this fund has some tangible value now. Just my opinion.

Investors will run to both ASICMiner and Activeminer once they see these other piss ant IPO's for what they are, not before losing a pile of coin to failed dreams.

Point of reference:
BTCGarden IPO price: 0.016 Currently: 0.015
Labcoin IPO price: 0.001 Currently: 0.0015
ActiveMining IPO price: 0.0025 Currently: 0.0058

I think we will be fine.

neilol

sr. member

Activity: 302

Merit: 250

Quote from: VolanicEruptor on August 06, 2013, 08:14:19 PM

Quote from: CMMPro on August 06, 2013, 08:12:58 PM

I've developed two small guidelines so far in my short time here.

1. If anyone posts a picture of a rocket and adds something like "To the moon!" it is time to sell.

2. If everyone is shitting their pants at the latest fud and the price is dropping fast it is time to buy, because will be all over in 15 min when the people with the attention span of a puppy have forgotten whatever it was they thought was so important.

this is how people get rich

CMMPro

hero member

Activity: 588

Merit: 500

Seems like a small rally there as people are snapping up tonight's sale prices.

All these new IPO's are just more piss in the pool...
The only reason they are seeing some initial success is due to speculators trying to make something in the first burst of energy.

No one can say they actually think all these guys will come out with their own asic hardware or "world class" mining operations in a meaningful timeframe that won't be impacted by difficulty substantially.

Look at this latest bs with ICEDrill/Deadterra and his overly optimistic spreadsheet. This is basically a bait and switch....show stupidly positive numbers on a spreadsheet an hour before IPO? Wtf? If someone hadn't called him out on it I'm sure people were making poor buying decisions based on that spreadsheet.

Back on thread though....I'm sure we will be in limbo until we hear from Ken regarding the NRE success...then things will start to happen as we get delivery dates etc. I see he has turned things around and this fund has some tangible value now. Just my opinion.

Investors will run to both ASICMiner and Activeminer once they see these other piss ant IPO's for what they are, not before losing a pile of coin to failed dreams.

Panterino

member

Activity: 70

Merit: 10

after re-reading the posts by Ken I am convinced ActM will trounce the competition. The meetings with eAsic going well and everything. eAsic is just so impressive. I see a large risk/reward ratio at the current price per share.

Rodyland

hero member

Activity: 499

Merit: 500

Quote from: somestranger on August 06, 2013, 07:58:50 PM

You may doubt that these competitors will be able to reach those price points but this project is being run by DeaDTerra who also invested early on in ASICMINER and Satoshi Dice which both paid off in droves. Clearly he must see a huge upside to this project, and I doubt very much that he would not do the proper $/GH calculations when formulating his plan.

That logic there my friend is a short trip to the poorhouse. That someone who seems to have been a successful investor in the past is involved should have no bearing whatsoever on your individual decision to invest or not. You can't know their reasons for getting involved, and they certainly won't tell you their exit strategy. Trying to catch a ride on the backs of giants is a dangerous game. Make your own decisions, and invest amounts that you are comfortable with, knowing there is a very real risk this will all evaporate overnight.

Panterino

member

Activity: 70

Merit: 10

Quote from: ArcticWolf on August 06, 2013, 08:29:10 PM

Quote from: Panterino on August 06, 2013, 08:27:33 PM

Only eAsic can deliver the hashing power to corner the market for us. Any idea what kind of T/hash numbers we're projecting from our chips with them?

Preliminary numbers are 16gh/chip

That's pretty good. 10,000 chips * 16 = 160,000 gh/s we could certainly hang in there with that and more on the way. I'd love to know when those are coming.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: Rodyland on August 06, 2013, 08:28:04 PM

Quote from: VolanicEruptor on August 06, 2013, 08:14:19 PM

Quote from: CMMPro on August 06, 2013, 08:12:58 PM

I've developed two small guidelines so far in my short time here.

1. If anyone posts a picture of a rocket and adds something like "To the moon!" it is time to sell.

2. If everyone is shitting their pants at the latest fud and the price is dropping fast it is time to buy, because will be all over in 15 min when the people with the attention span of a puppy have forgotten whatever it was they thought was so important.

this is how people get rich

And poor.

Please explain how herding sheep into a slaughterhouse could make you lose.. sheep dont get rich

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: Panterino on August 06, 2013, 08:27:33 PM

Only eAsic can deliver the hashing power to corner the market for us. Any idea what kind of T/hash numbers we're projecting from our chips with them?

Preliminary numbers are 16gh/chip

Rodyland

hero member

Activity: 499

Merit: 500

Quote from: VolanicEruptor on August 06, 2013, 08:14:19 PM

Quote from: CMMPro on August 06, 2013, 08:12:58 PM

I've developed two small guidelines so far in my short time here.

1. If anyone posts a picture of a rocket and adds something like "To the moon!" it is time to sell.

2. If everyone is shitting their pants at the latest fud and the price is dropping fast it is time to buy, because will be all over in 15 min when the people with the attention span of a puppy have forgotten whatever it was they thought was so important.

this is how people get rich

And poor.

Panterino

member

Activity: 70

Merit: 10

Only eAsic can deliver the hashing power to corner the market for us. Any idea what kind of T/hash numbers we're projecting from our chips with them?

Zombiehasslehoff

newbie

Activity: 10

Merit: 0

Quote from: CMMPro on August 06, 2013, 08:12:58 PM

I've developed two small guidelines so far in my short time here.

1. If anyone posts a picture of a rocket and adds something like "To the moon!" it is time to sell.

2. If everyone is shitting their pants at the latest fud and the price is dropping fast it is time to buy, because will be all over in 15 min when the people with the attention span of a puppy have forgotten whatever it was they thought was so important.

99% of the time if someone is giving you advice on here or any investing board, they are doing to make more money themselves. Find the really fabulously obvious ones like icebreaker and do the opposite.

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: ronaldlee0917 on August 06, 2013, 08:00:04 PM

Quote from: zumzero on August 06, 2013, 06:08:43 PM

They have six days to raise over 20,000 btc or the IPO fails.

And on Bitfunder.......
Most likely a failure.

I don't know about that...

Exocyst

sr. member

Activity: 266

Merit: 250

Science!

Get your buy orders ready on BitFunder ActiveMiners, looks like another round of cheap ActM shares on BitFunder.

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 177. (Read 479317 times)