[ActiveMining] The Official Active Mining Discussion Thread - page 212.

LordMeowMeow

sr. member

Activity: 617

Merit: 250

Quote from: sayaz on July 30, 2013, 11:16:28 PM

Did you even read what he wrote. He acknowledged that LEGITIMATE QUESTIONS need to be answered.

Did you?

"I think we are at the stage now where all the important questions have been asked and answered. If you are still shakey I suggest instead of just whining on here..." aka "everything is fine". It's not. And Ken SHOULD be here at least for more than 1 minute replying to the questions/concerns and at the very least address the market situation. Just a "This is unfortunate but..." statement would be fine. Maybe he's too busy packing his bags to Mexico with the $1M+ he made, who knows. Cool

sayaz

member

Activity: 119

Merit: 10

Quote from: LordMeowMeow on July 30, 2013, 11:07:47 PM

Quote from: Matt_S on July 30, 2013, 10:57:57 PM

Quote from: ArcticWolf on July 30, 2013, 10:50:03 PM

Quote from: LordMeowMeow on July 30, 2013, 10:16:58 PM

It's so obvious someone is playing with the market, especially with all the 1-2 share "probes" into the bids, making it look like the price is higher/lower w/no volume. But hey thanks Ken for acknowledging the markets or any other concern/questions everyone else had in the last 100+ posts here. Well done.

Yes. The CEO should definitely spend his time answering the questions and concerns of individual shareholders instead of concentrating on running the company.
You are aware how silly that sounds right?

Legitimate questions need to be answered.. But asks for pictures of plane ticket stubs, or the 500 ALREADY ANSWERED QUESTIONS ABOUT TENDERING SHARES FFS.
I think we are at the stage now where all the important questions have been asked and answered. If you are still shakey I suggest instead of just whining on here you read through the thread like it seems all the confident people have done, and draw the conclusion for yourself.

It's no wonder people can manipulate the bitcoin markets and lie/cheat so easily.. It's too easy when whenever anyone has concerns or legitimate questions to ask to a "CEO", he often gets replies like this from people with blinders on hoping their shares go up even if the underlying fundamentals of the security could either be completely false, overstated or even nonexistent.

Did you even read what he wrote. He acknowledged that LEGITIMATE QUESTIONS need to be answered.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: adub on July 30, 2013, 11:03:10 PM

Quote from: VolanicEruptor on July 30, 2013, 10:56:22 PM

Quote from: adub on July 30, 2013, 10:54:25 PM

Someone needs to be able to officially answer questions. There is a balance between ideal communication and what is happening now. The question is, how do we get there? The board that is being formed answer is starting to get stale.

Ken already received the funding he needs from shareholders, so why would he give a fuck about PR? To increase the value of his ~100,000 shares he has left? I think his focus is where it belongs -- making shit happen.

I'm going to answer this in my best VE voice...

Who the fuck said anything about Ken being the one to answer questions?

EDIT: well, someone may have said that but not me and that's not what I'm suggesting.

okay lets spend $100,000 in the next year on a dedicated PR guy .. better put up another wall, ken

LordMeowMeow

sr. member

Activity: 617

Merit: 250

Quote from: Matt_S on July 30, 2013, 10:57:57 PM

Quote from: ArcticWolf on July 30, 2013, 10:50:03 PM

Quote from: LordMeowMeow on July 30, 2013, 10:16:58 PM

It's so obvious someone is playing with the market, especially with all the 1-2 share "probes" into the bids, making it look like the price is higher/lower w/no volume. But hey thanks Ken for acknowledging the markets or any other concern/questions everyone else had in the last 100+ posts here. Well done.

Yes. The CEO should definitely spend his time answering the questions and concerns of individual shareholders instead of concentrating on running the company.
You are aware how silly that sounds right?

Legitimate questions need to be answered.. But asks for pictures of plane ticket stubs, or the 500 ALREADY ANSWERED QUESTIONS ABOUT TENDERING SHARES FFS.
I think we are at the stage now where all the important questions have been asked and answered. If you are still shakey I suggest instead of just whining on here you read through the thread like it seems all the confident people have done, and draw the conclusion for yourself.

It's no wonder people can manipulate the bitcoin markets and lie/cheat so easily.. It's too easy when whenever anyone has concerns or legitimate questions to ask to a "CEO", he often gets replies like this from people with blinders on hoping their shares go up even if the underlying fundamentals of the security could either be completely false, overstated or even nonexistent.

adub

full member

Activity: 171

Merit: 100

Changing avatars is currently not possible.

Quote from: VolanicEruptor on July 30, 2013, 10:56:22 PM

Quote from: adub on July 30, 2013, 10:54:25 PM

Someone needs to be able to officially answer questions. There is a balance between ideal communication and what is happening now. The question is, how do we get there? The board that is being formed answer is starting to get stale.

Ken already received the funding he needs from shareholders, so why would he give a fuck about PR? To increase the value of his ~100,000 shares he has left? I think his focus is where it belongs -- making shit happen.

I'm going to answer this in my best VE voice...

Who the fuck said anything about Ken being the one to answer questions?

EDIT: well, someone may have said that but not me and that's not what I'm suggesting.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

I'd be more worried if ken was here posting shit daily vs out in the field doing meetings

Ken is doing what he is suppose to be doing.

We don't need daily or hourly updates.

sayaz

member

Activity: 119

Merit: 10

What do you expect Ken to say anyway? "Yes there are people speculating over the value of the stock I issued. Just so you know, its actually worth (insert arbitrary value/share), the low volume price movement is there to fool you!"

Its glaringly obvious.

Ken is busy doing stuff that, you know, will actually set up the company for long term success.

Matt_S

newbie

Activity: 35

Merit: 0

Quote from: ArcticWolf on July 30, 2013, 10:50:03 PM

Quote from: LordMeowMeow on July 30, 2013, 10:16:58 PM

It's so obvious someone is playing with the market, especially with all the 1-2 share "probes" into the bids, making it look like the price is higher/lower w/no volume. But hey thanks Ken for acknowledging the markets or any other concern/questions everyone else had in the last 100+ posts here. Well done.

Yes. The CEO should definitely spend his time answering the questions and concerns of individual shareholders instead of concentrating on running the company.
You are aware how silly that sounds right?

Legitimate questions need to be answered.. But asks for pictures of plane ticket stubs, or the 500 ALREADY ANSWERED QUESTIONS ABOUT TENDERING SHARES FFS.
I think we are at the stage now where all the important questions have been asked and answered. If you are still shakey I suggest instead of just whining on here you read through the thread like it seems all the confident people have done, and draw the conclusion for yourself.

piecinitup

full member

Activity: 158

Merit: 100

Quote from: VolanicEruptor on July 30, 2013, 10:56:22 PM

Quote from: adub on July 30, 2013, 10:54:25 PM

Someone needs to be able to officially answer questions. There is a balance between ideal communication and what is happening now. The question is, how do we get there? The board that is being formed answer is starting to get stale.

Ken already received the funding he needs from shareholders, so why would he give a fuck about PR? To increase the value of his ~100,000 shares he has left? I think his focus is where it belongs -- making shit happen.

+1 I love your posts

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: adub on July 30, 2013, 10:54:25 PM

Someone needs to be able to officially answer questions. There is a balance between ideal communication and what is happening now. The question is, how do we get there? The board that is being formed answer is starting to get stale.

Ken already received the funding he needs from shareholders, so why would he give a fuck about PR? To increase the value of his ~100,000 shares he has left? I think his focus is where it belongs -- making shit happen.

adub

full member

Activity: 171

Merit: 100

Changing avatars is currently not possible.

Someone needs to be able to officially answer questions. There is a balance between ideal communication and what is happening now. The question is, how do we get there? The board that is being formed answer is starting to get stale.

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: LordMeowMeow on July 30, 2013, 10:16:58 PM

It's so obvious someone is playing with the market, especially with all the 1-2 share "probes" into the bids, making it look like the price is higher/lower w/no volume. But hey thanks Ken for acknowledging the markets or any other concern/questions everyone else had in the last 100+ posts here. Well done.

Yes. The CEO should definitely spend his time answering the questions and concerns of individual shareholders instead of concentrating on running the company.
You are aware how silly that sounds right?

LordMeowMeow

sr. member

Activity: 617

Merit: 250

It's so obvious someone is playing with the market, especially with all the 1-2 share "probes" into the bids, making it look like the price is higher/lower w/no volume. But hey thanks Ken for acknowledging the markets or any other concern/questions everyone else had in the last 100+ posts here. Well done.

Vbs

hero member

Activity: 504

Merit: 500

Since there seems to be a lot of misinformation about these new IPOs for 130nm chips, might as well post this here:

Quote from: Vbs on July 30, 2013, 10:11:12 PM

Quote from: ?? on ??

Quote from: Vbs on July 30, 2013, 11:30:37 AM

A 130nm chip at 4.5-5GH/s with that power draw? Roll Eyes

So, an 110nm avalon chip is 282MH/s, but you guys somehow can create a chip with bigger transistors (130nm) that is equivalent to 16-17 avalon chips?

Not only that, but you claim you've optimized the logic so much that any competing chips using similar die-sizes are left in the dust?

Size of chip die area? Operating frequency? Number of cores?

Sorry, too many red flags in the key technical aspects. Sad

According to the preliminary specs (https://bitcointalksearch.org/topic/m.2664903) this chip should perform better than the BFL ASIC (65 nm) while occupying even smaller silicon area. I'm a total noob when it comes to chip designing, so can't even guess if it's possible. Any idea?

BFL - 65 nm, 16 cores, 250 MH/s each, 4 GH/s total, die size 7.1 x 7.1 mm, 12.8 W total
Labcoin - 130 nm, 16 cores, 300 MH/s each, 4.8 GH/s total, die size 6.5 x 6.5 mm, 12.8 W total

By no means I don't want to make any hints to the BFL performance as a company. On the contrary, the labcoin chip has enormous potential if everything goes well.

If those are the correct specs, then I'm sorry but... LOL!!!

For that to be possible, not only each Labcoin core would have to be ~42% smaller [65/130*(6.5^2)/(7.1^2)] than each BFL core but also the Labcoin chip would magically operate at a higher frequency (300MHz vs 250MHz) while keeping the same power draw... Roll Eyes

Since there are several new companies going for the 130nm route with the excuse that manufacturing costs are much cheaper, might as well burst that bubble too: It's not. Nothing beats going 28nm now, except for the fact that the upfront NRE cost is much higher.

Bottom line: Not going for 28nm by using excuses like "Oh, our chips will be so MUCH cheaper!"... Bullocks! Grin

ronaldlee0917

full member

Activity: 238

Merit: 100

Quote from: Mabsark on July 30, 2013, 03:08:34 PM

Has anybody had their shares back from Ken today? Just wondering if he's started yet.

Want to know too..

Panterino

member

Activity: 70

Merit: 10

Quote from: kleeck on July 30, 2013, 09:35:37 PM

Quote from: kslaughter on July 30, 2013, 09:27:12 PM

Quote from: ?? on ??

Hi Guys,

I recently traveled to California for a nice vacation and to meet up with some companies such as Terrahash, HashFast, and also some local bitcoiners. While planning this trip I also tried to meet up with Ken but I arrived the day he was leaving I believe. However, one of the bitcoiners that I knew up here who wishes to remain anonymous is also a Silicon-Valley based engineer and in my opinion very well versed in the world of ASICs, was able to meet up with Ken for me.

I asked him to give me an overview of how he felt about Ken and the ASIC project he is working on in a nutshell. He confirmed with me that Ken is the real deal and that based on the conversation that was had, he doesn’t see any reason to think otherwise.

Now I know this might not sound like much but in my opinion if Ken can make this particular Engineer come to this conclusion then us shareholders should be in a very good position.

I’ll leave it at that and if Ken reads this he can confirm that he did indeed have a meeting with the Engineer on Friday.

This is looking even better guys!

Yes, I had a meeting with this particular Engineer last Friday. We had a beer and talked about ASIC's in general, RTL programming, and a number of other things.

Good to hear, Ken.

What is the time frame for the official announcement(s)? While it's fun to watch the roller coaster price it would be nice to step out of the realm of a speculative instrument and into the reality of a mining company. I have no doubt of your delivery. Cheesy

Thanks!

I second that!
I can't wait until Ken delivers some solid results so we can get off the roller coaster and onto the gondola!

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: S M I L Y on July 30, 2013, 10:02:01 PM

Its like a war of the trading bots with all of these small trades swinging the prices!

As a long term holder, all of this speculating and price manipulation makes me laugh.

S M I L Y

member

Activity: 113

Merit: 10

https://www.chynge.net/

Its like a war of the trading bots with all of these small trades swinging the prices!

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: kleeck on July 30, 2013, 09:35:37 PM

Quote from: kslaughter on July 30, 2013, 09:27:12 PM

Quote from: ?? on ??

Hi Guys,

I recently traveled to California for a nice vacation and to meet up with some companies such as Terrahash, HashFast, and also some local bitcoiners. While planning this trip I also tried to meet up with Ken but I arrived the day he was leaving I believe. However, one of the bitcoiners that I knew up here who wishes to remain anonymous is also a Silicon-Valley based engineer and in my opinion very well versed in the world of ASICs, was able to meet up with Ken for me.

I asked him to give me an overview of how he felt about Ken and the ASIC project he is working on in a nutshell. He confirmed with me that Ken is the real deal and that based on the conversation that was had, he doesn’t see any reason to think otherwise.

Now I know this might not sound like much but in my opinion if Ken can make this particular Engineer come to this conclusion then us shareholders should be in a very good position.

I’ll leave it at that and if Ken reads this he can confirm that he did indeed have a meeting with the Engineer on Friday.

This is looking even better guys!

Yes, I had a meeting with this particular Engineer last Friday. We had a beer and talked about ASIC's in general, RTL programming, and a number of other things.

Good to hear, Ken.

What is the time frame for the official announcement(s)? While it's fun to watch the roller coaster price it would be nice to step out of the realm of a speculative instrument and into the reality of a mining company. I have no doubt of your delivery. Cheesy

Thanks!

It's not fun to watch when Ken's got all your shares.

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Quote from: kslaughter on July 30, 2013, 09:27:12 PM

Quote from: ?? on ??

Hi Guys,

I recently traveled to California for a nice vacation and to meet up with some companies such as Terrahash, HashFast, and also some local bitcoiners. While planning this trip I also tried to meet up with Ken but I arrived the day he was leaving I believe. However, one of the bitcoiners that I knew up here who wishes to remain anonymous is also a Silicon-Valley based engineer and in my opinion very well versed in the world of ASICs, was able to meet up with Ken for me.

I asked him to give me an overview of how he felt about Ken and the ASIC project he is working on in a nutshell. He confirmed with me that Ken is the real deal and that based on the conversation that was had, he doesn’t see any reason to think otherwise.

Now I know this might not sound like much but in my opinion if Ken can make this particular Engineer come to this conclusion then us shareholders should be in a very good position.

I’ll leave it at that and if Ken reads this he can confirm that he did indeed have a meeting with the Engineer on Friday.

This is looking even better guys!

Yes, I had a meeting with this particular Engineer last Friday. We had a beer and talked about ASIC's in general, RTL programming, and a number of other things.

Good to hear, Ken.

What is the time frame for the official announcement(s)? While it's fun to watch the roller coaster price it would be nice to step out of the realm of a speculative instrument and into the reality of a mining company. I have no doubt of your delivery. Cheesy

Thanks!

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 212. (Read 479475 times)