Am I calculating this right?
There are 2,000,000 S.Dice shares on bitfunder. Each one will get .00035/share?
That means 2,000,000*.00035=700
So let's say half of that goes to ACTM. That's 350.
That makes the price go up to .0075, assuming that no more sell orders are placed.
I believe in ACTM, and we'll get to the moon, but just like btc too fast too soon will only benefit speculators.
Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 215. (Read 479317 times)
Despite the recent shit show, I am happy to still be a large shareholder.
Let me explain why it's not wise to dump shares (and why I choose not to either):
Right now we are waiting for Ken to wrap up his deal with eASIC and make the gradual payment in fiat (so as not to sacrifice the value of BTC). There is no doubt that eASIC is a legitimate and successful company who will gladly accept a ~1 million dollar payment to do what they do best. This anticipation of finalized agreement/payment will be referred to by me as "inevitably positive news". I call it this because there are no valid conspiracy theories at the moment to disprove the legitimacy of these 2 companies and the deal they are making. Both parties have shown to be so legitimate so much in fact that there is no doubt that a real deal is happening here. Anybody who has gone to the effort of making the phone calls and doing their own due diligence complete with background checks knows this. So let me say this again -- we are waiting for inevitably positive news.
Now, with inevitably positive news of this magnitude comes a very large increase in shareholder confidence once it happens, obviously.
So if you sell, you are taking on a huge risk. You are raking in short-term profits and expecting to pick up cheaper shares while the money train could take off at any moment. Are you willing to part with your shares, knowing that this inevitable positive news could come out at any moment? In this situation, holding onto your shares is the only rational thing to do.
Just a warning.
Let me explain why it's not wise to dump shares (and why I choose not to either):
Right now we are waiting for Ken to wrap up his deal with eASIC and make the gradual payment in fiat (so as not to sacrifice the value of BTC). There is no doubt that eASIC is a legitimate and successful company who will gladly accept a ~1 million dollar payment to do what they do best. This anticipation of finalized agreement/payment will be referred to by me as "inevitably positive news". I call it this because there are no valid conspiracy theories at the moment to disprove the legitimacy of these 2 companies and the deal they are making. Both parties have shown to be so legitimate so much in fact that there is no doubt that a real deal is happening here. Anybody who has gone to the effort of making the phone calls and doing their own due diligence complete with background checks knows this. So let me say this again -- we are waiting for inevitably positive news.
Now, with inevitably positive news of this magnitude comes a very large increase in shareholder confidence once it happens, obviously.
So if you sell, you are taking on a huge risk. You are raking in short-term profits and expecting to pick up cheaper shares while the money train could take off at any moment. Are you willing to part with your shares, knowing that this inevitable positive news could come out at any moment? In this situation, holding onto your shares is the only rational thing to do.
Just a warning.
Well said, VE. I agree, the eASIC news should be promising when it arrives. Every time I try and make short-term trades, I get shafted like a few others in this thread have today.
Glad to have stuck to my guns today.
the buy walls on bitfunder at 0,0061 is pretty huge!
it was pushed up and then 26k shares, eaten up by people dumping.
Despite the recent shit show, I am happy to still be a large shareholder.
Let me explain why it's not wise to dump shares (and why I choose not to either):
Right now we are waiting for Ken to wrap up his deal with eASIC and make the gradual payment in fiat (so as not to sacrifice the value of BTC). There is no doubt that eASIC is a legitimate and successful company who will gladly accept a ~1 million dollar payment to do what they do best. This anticipation of finalized agreement/payment will be referred to by me as "inevitably positive news". I call it this because there are no valid conspiracy theories at the moment to disprove the legitimacy of these 2 companies and the deal they are making. Both parties have shown to be so legitimate in fact that there is no doubt that a real deal is happening here. Anybody who has gone to the effort of making the phone calls and doing their own due diligence complete with background checks knows this. So let me say this again -- we are waiting for inevitably positive news.
Now, with inevitably positive news of this magnitude comes a very large increase in shareholder confidence once it happens, obviously.
So if you sell, you are taking on a huge risk. You are raking in short-term profits and expecting to pick up cheaper shares while the money train could take off at any moment. Are you willing to part with your shares, knowing that this inevitable positive news could come out at any moment? In this situation, holding onto your shares is the only rational thing to do.
Just a warning.
Edit: Last price: .007692. I will happily bump this post after the news release in celebration after this share price doubles/triples
Let me explain why it's not wise to dump shares (and why I choose not to either):
Right now we are waiting for Ken to wrap up his deal with eASIC and make the gradual payment in fiat (so as not to sacrifice the value of BTC). There is no doubt that eASIC is a legitimate and successful company who will gladly accept a ~1 million dollar payment to do what they do best. This anticipation of finalized agreement/payment will be referred to by me as "inevitably positive news". I call it this because there are no valid conspiracy theories at the moment to disprove the legitimacy of these 2 companies and the deal they are making. Both parties have shown to be so legitimate in fact that there is no doubt that a real deal is happening here. Anybody who has gone to the effort of making the phone calls and doing their own due diligence complete with background checks knows this. So let me say this again -- we are waiting for inevitably positive news.
Now, with inevitably positive news of this magnitude comes a very large increase in shareholder confidence once it happens, obviously.
So if you sell, you are taking on a huge risk. You are raking in short-term profits and expecting to pick up cheaper shares while the money train could take off at any moment. Are you willing to part with your shares, knowing that this inevitable positive news could come out at any moment? In this situation, holding onto your shares is the only rational thing to do.
Just a warning.
Edit: Last price: .007692. I will happily bump this post after the news release in celebration after this share price doubles/triples
the buy walls on bitfunder at 0,0061 is pretty huge!
I've seen bigger (that's what she said) I emailed their customer service, but NEVER got an reply back.
Me neither, and I have a BitFunder account that is effectively locked out of any in/out of bitcoins. Thankfully I never used it, and I will never ever use BitFunder.I had an issue with Bitfunder, opened a support ticket and emailed them and got no replies.
Then I called them and their customer service people were actually pretty friendly and conversational, and managed to fix my problem then and there. In every case possible, try to contact them via phone rather than email. It puts them on the spot to fix whatever issue you have immediately.
the buy walls on bitfunder at 0,0061 is pretty huge!
Loaded way up, not as much/as low as I'd like though.
BTW, that *LOOKED* like a pretty carefully orchestrated panic. Not 100% sure though
Imagine how those of us waiting to get our shares back off Ken felt when the price dropped to below 0.004.
I lost alot of my shares today.. sigh..
we should establish a club then..
Hehehe.. would be a bad idea.. all the losers inthe same spot..
that was seriously fucking brilliant.
got more shares at decent prices, now just sitting here smiling wide.
Yep, babies stop whining when they get what they want. Although manipulative, it was well executed.
what me whine? never...
Nah, not you. The FUDsters. Nice work getting cheap shares
. I'm a little too long-sighted. Don't want to turn out like the guy above me. EDIT: guys above me.
I lost alot of my shares today.. sigh..
we should establish a club then..
I lost alot of my shares today.. sigh..
that was seriously fucking brilliant.
got more shares at decent prices, now just sitting here smiling wide.
Yep, babies stop whining when they get what they want. Although manipulative, it was well executed.
what me whine? never...
that was seriously fucking brilliant.
got more shares at decent prices, now just sitting here smiling wide.
I know speculators managed to snap up alot of cheap shares because they do not hold on to AMC shares for too long and thus have BTC on hand, I am wondering how you "forever longers" have managed to do the same. Oh, have you also sold shares at the high even though you thought the fair price was infinity btc? Nah I think its just some attempt here by you to pump up confidence and the share price - which is good for me anyhow now that I bought in at the .006-.007 range - please continue to act this way so I can wait for the price to go to .008 - .009 again before I sell at the end of the day.
You are seriously such a ninny. Your ego will eventually get the best of you.
I don't have all my assets tied up in just one stock and I keep plenty of liquid on hand of which will be going to upcoming IPOs...
Many baskets, many eggs.
that was seriously fucking brilliant.
got more shares at decent prices, now just sitting here smiling wide.
I know speculators managed to snap up alot of cheap shares because they do not hold on to AMC shares for too long and thus have BTC on hand, I am wondering how you "forever longers" have managed to do the same. Oh, have you also sold shares at the high even though you thought the fair price was infinity btc? Nah I think its just some attempt here by you to pump up confidence and the share price - which is good for me anyhow now that I bought in at the .006-.007 range - please continue to act this way so I can wait for the price to go to .008 - .009 again before I sell at the end of the day.
Nobody is pretending that these shares are worth "infinity". They're certainly worth more than 0.01 BTC though. If AM shares are worth 4.5 BTC and ActM is as successful and earned an equal amount of income, then ActM would be worth around 0.07 BTC. A fair estimate for ActM shares is 0.02 to 0.08 BTC depending on how successful it is.
Whoever you are, very well executed. 
that was seriously fucking brilliant.
got more shares at decent prices, now just sitting here smiling wide.
I know speculators managed to snap up alot of cheap shares because they do not hold on to AMC shares for too long and thus have BTC on hand, I am wondering how you "forever longers" have managed to do the same. Oh, have you also sold shares at the high even though you thought the fair price was infinity btc? Nah I think its just some attempt here by you to pump up confidence and the share price - which is good for me anyhow now that I bought in at the .006-.007 range - please continue to act this way so I can wait for the price to go to .008 - .009 again before I sell at the end of the day.
Yep, babies stop whining when they get what they want. Although manipulative, it was well executed.
Congrats to panic sells that fed the sharks...
That silly WeExchange site won't confirm my registration email.
WeExchange really sucks. I had the same problem, when the email finally arrived, it says there is an error occurred. I emailed their customer service, but NEVER got an reply back.
At last, I had to use another email address for registration and do the whole application again.
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