[ActiveMining] The Official Active Mining Discussion Thread - page 20.

Kuroth

full member

Activity: 196

Merit: 100

Quote from: yuansuyi on September 13, 2013, 09:23:36 AM

It's simple,why preorder miner when you can buy shares of the company？
People do pre order because they bet the miner/chip will deliver, so why not buy shares directly?

ummmmm Because all the ones I have purchased or been watching on Bitfunder have dropped like 90%.. Roll Eyes

yuansuyi

member

Activity: 210

Merit: 10

It's simple,why preorder miner when you can buy shares of the company？
People do pre order because they bet the miner/chip will deliver, so why not buy shares directly?

Kuroth

full member

Activity: 196

Merit: 100

Oh and shameless plug but the one thing that has been making me the most money is the Trading Bot I use.. See my sig below.. LOVE it...

Kuroth

full member

Activity: 196

Merit: 100

Quote from: zumzero on September 13, 2013, 09:13:17 AM

What the bloody hell is happening to this company?

How can the price crash this badly, oh my god.

If two competing companies, namely Cointerra and HASHFAST can sell $17,000,000 worth of pre-orders between them then there is no excuse for us having not sold half that ammunt.

So, if this is true (and should be) and Ken is saying that we have sold 8 X the ammount on pre-orders that we have spent on advertising that means Active Mining have spent $1,062,500 on advertising.

I'd suggest that the actual figure for ActM advertising spend is significantly lower than $1,062,500 and this means that we are significantly behind our competitiors in terms of pre-orders.

I'm not going to go into reasons why this is the case, but the much discussed web-site issues may be a good place to start.

I want for someone to explain to me why on Earth anyone would invest in this company right now. Because the way I see it the foundations are crumbling around us.

Get it sorted!

http://thegenesisblock.com/cointerra-and-hashfast-sell-17m-of-bitcoin-miners-open-second-batch-sales/

I think a few people got Rich.. Roll Eyes

This is why I have backed off investing for now.. If you take a look this is a pattern with most stocks out there.. Hate to say it but until this thing is regulated somehow, I believe it is one BIG RIP OFF investing in anything on Bitfunder or that other site.. I am glad I sold all my holdings(And at the right time)

crumbs

full member

Activity: 210

Merit: 100

Quote from: Stuartuk on September 13, 2013, 09:12:46 AM

...
No major costs awarded but this gives you some idea of the highly developed nature of the Belize justice system.
...

Edit: Philip Morris was ordered to pay $1,225 & to tip the bailiff Cheesy

Edit2: I pay more than that in *parking tickets* Cheesy

crumbs

full member

Activity: 210

Merit: 100

Quote from: Stuartuk on September 13, 2013, 09:01:21 AM

Quote from: crumbs on September 13, 2013, 08:44:38 AM

Fascinating country, Belize. I understand there's even a prison Cheesy

Watch out! Cheesy

Yes and a well developed judiciary system-

http://www.belizejudiciary.org/web/judicial-officers-2/supreme-court-judges/

But I think any copyright infringement case would be taken up in the US where ACtM operate from.

How does one prosecute a "virtual identity" Huh

I'm absolutely convinced that Ken's clever wording, combined with burnside openly stating that his exchange is for lulz only, will totaly pwn the lawmens, no matter the venue

For those who don't bother reading -- excerpt from burnside's FAQ:

"No assets on the site are to be considered real.
...
The use of this site is for educational and entertainment purposes only.
If an asset issuer on this site defaults, you have ZERO RECOURSE. (not like you have any recourse in most international BTC situations anyway.)"

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

What the bloody hell is happening to this company?

How can the price crash this badly, oh my god.

If two competing companies, namely Cointerra and HASHFAST can sell $17,000,000 worth of pre-orders between them then there is no excuse for us not having sold half that ammount.

So, if this is true (and should be) and Ken is saying that we have sold 8 X the ammount on pre-orders than we have spent on advertising that means Active Mining have spent $1,062,500 on advertising.

I'd suggest that the actual figure for ActM advertising spend is significantly lower than $1,062,500 and this means that we are significantly behind our competitiors in terms of pre-orders.

I'm not going to go into reasons why this is the case, but the much discussed web-site issues may be a good place to start.

I want for someone to explain to me why on Earth anyone would invest in this company right now. Because the way I see it the foundations are crumbling around us.

Get it sorted!

http://thegenesisblock.com/cointerra-and-hashfast-sell-17m-of-bitcoin-miners-open-second-batch-sales/

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: EskimoBob on September 13, 2013, 09:04:46 AM

Stuartuk, you look bloody retarded in this wig of yours. French wig! From 1715!? ... I mean... wtf man?

mmmm,

BAT (British American Tobacco) went to court in Belize over a new trade mark application in 2009 and won against an objection from a local tobacco company with a similar and previously registered logo. The court decided consumers would not be confused or influenced by the similar BAT design as there were not enough substantive similarities.

No major costs awarded but this gives you some idea of the highly developed nature of the Belize justice system.

http://www.belipo.bz/wp-content/uploads/2011/12/TM_Ruling_No_1of2009.doc.pdf

Kuroth

full member

Activity: 196

Merit: 100

Wow Glad I got out when I doubled my money.. Sweet... Grin

If it goes down to 0.000000000000000000000001 I might buy a few 1,000 shares.. Cheesy

stereotype

legendary

Activity: 1554

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Quote from: EskimoBob on September 13, 2013, 08:59:28 AM

Quote from: stereotype on September 13, 2013, 08:52:46 AM

I think in some small way, we achieved a degree of understanding of the current situation, yesterday. Not enough to satisfy the obvious demands that are necessary going forward, but at least some sense that Ken's attention, and skin ("....average ~0.0034"), is on the case.

For the ones who accept the risk, its late October - mid November that are the next days of judgement, and in the mean time, its a case of gleaning any valued, relevant, and FUD free information, by whatever means..........unless creativex is appointed PR man! Shocked

Thanks again board and Ken, for your efforts.

Why do you have to wait that long:

Quote from: kslaughter on September 12, 2013, 04:54:20 PM

....
I am working on hiring a PR firm. Lot of things are going to be happening in the next few weeks and months.

so, we will see changes in next few weeks.

Here's hoping. Certainly dont want that tinderbox situation again, that ffs69 correctly identified yesterday.

deizel

member

Activity: 114

Merit: 10

Quote from: ffssixtynine on September 04, 2013, 04:20:49 PM

eASIC press release:

http://virtualminingcorp.com/pr130904.pdf
http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Additional important news for shareholders from Ken via the Advisory Board:

First units on schedule for second half of November.

PR will post this formally shortly (re: press release)

Just to point out to everyone who keeps saying it.. the second half of November is not the same as "mid-November".

EskimoBob

legendary

Activity: 910

Merit: 1000

Quality Printing Services by Federal Reserve Bank

Stuartuk, you look bloody retarded in this wig of yours. French wig! From 1715!? ... I mean... wtf man?

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: crumbs on September 13, 2013, 08:44:38 AM

Fascinating country, Belize. I understand there's even a prison Cheesy

Watch out! Cheesy

Yes and a well developed judiciary system-

http://www.belizejudiciary.org/web/judicial-officers-2/supreme-court-judges/

But I think any copyright infringement case would be taken up in the US where ACtM operate from.

EskimoBob

legendary

Activity: 910

Merit: 1000

Quality Printing Services by Federal Reserve Bank

Quote from: stereotype on September 13, 2013, 08:52:46 AM

I think in some small way, we achieved a degree of understanding of the current situation, yesterday. Not enough to satisfy the obvious demands that are necessary going forward, but at least some sense that Ken's attention, and skin ("....average ~0.0034"), is on the case.

For the ones who accept the risk, its late October - mid November that are the next days of judgement, and in the mean time, its a case of gleaning any valued, relevant, and FUD free information, by whatever means..........unless creativex is appointed PR man! Shocked

Thanks again board and Ken, for your efforts.

Why do you have to wait that long:

Quote from: kslaughter on September 12, 2013, 04:54:20 PM

....
I am working on hiring a PR firm. Lot of things are going to be happening in the next few weeks and months.

so, we will see changes in next few weeks.

stereotype

legendary

Activity: 1554

Merit: 1000

I think in some small way, we achieved a degree of understanding of the current situation, yesterday. Not enough to satisfy the obvious demands that are necessary going forward, but at least some sense that Ken's attention, and skin ("....average ~0.0034"), is on the case.

For the ones who accept the risk, its late October - mid November that are the next days of judgement, and in the mean time, its a case of gleaning any valued, relevant, and FUD free information, by whatever means..........unless creativex is appointed PR man! Shocked

Thanks again board and Ken, for your efforts.

crumbs

full member

Activity: 210

Merit: 100

Quote from: Stuartuk on September 13, 2013, 08:25:33 AM

Quote from: crumbs on September 13, 2013, 08:22:47 AM

There's copyright law in Belize?

http://www.belipo.bz/
Are you so dumb that you think Belize has no laws whatsoever?

Fascinating country, Belize. I understand there's even a prison Cheesy

Watch out! Cheesy

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: crumbs on September 13, 2013, 08:22:47 AM

@Stuartuk: R U holdin'?

I'm buying actually, lol

deizel

member

Activity: 114

Merit: 10

33,000 shares for less than IPO price on BitFunder. Considering the eASIC deal has been confirmed and delivery is slated for the end of November, surely buying now is less risky than the purchases that happened during the initial IPO. I don't understand why there are so many weak hands.

Stuartuk

sr. member

Activity: 266

Merit: 250