They have six days to raise over 20,000 btc or the IPO fails.
And on Bitfunder.......Most likely a failure.
The circle jerk isn't over until VolcanicEruptor eats the biscuit in the middle.
Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 177. (Read 479475 times)
Most likely a failure.
The circle jerk isn't over until VolcanicEruptor eats the biscuit in the middle.
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
When I see anyone selling below .006 all I can think is "noob". No offense, noobs
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. 
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
. 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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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
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
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.
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.
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?
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.
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.
They have six days to raise over 20,000 btc or the IPO fails.
And on Bitfunder.......Most likely a failure.
Get your buy orders ready on BitFunder ActiveMiners, looks like another round of cheap ActM shares on BitFunder.
I think these these exchanges are saturated at the moment and I think the communities ability to continue to pay millions of dollars to funds new ventures is limited. I really do not see this IPO succeeding.
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