[ActiveMining] The Official Active Mining Discussion Thread - page 224.

ArcticWolf

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Quote from: VolanicEruptor on July 29, 2013, 05:42:11 PM

Guys, the 120,000 shares were mine. I made a deal with Ken. Because he is so busy, I paid him a VERY high premium to have my shares transferred from BF to BTCT. The premium went directly to the company. I advise everyone with less than 120,000 shares not to do this, as the price was very high and wouldn't be worth it for most shareholders. I paid him $5000, which went directly to the company.

Thank you for the explanation VE

afrotec

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Coinnoisseur

"To the company"

What does this mean exactly?

ThickAsThieves

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Quote from: Pompobit on July 29, 2013, 05:37:52 PM

Quote from: ThickAsThieves on July 29, 2013, 05:05:00 PM

Why has the share-count increased on BTCT.co today?

It's at 3069481, and was previously at about 2950000.

That's roughly 120k new shares sold today.

previously, when?

Less than 24hrs ago.

VolanicEruptor

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Activity: 392

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Guys, the 120,000 shares were mine. I made a deal with Ken. Because he is so busy, I paid him a VERY high premium to have my shares transferred from BF to BTCT. The premium went directly to the company. I advise everyone with less than 120,000 shares not to do this, as the price was very high and wouldn't be worth it for most shareholders. I paid him $5000, which went directly to the company.

Pompobit

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Quote from: ThickAsThieves on July 29, 2013, 05:05:00 PM

Why has the share-count increased on BTCT.co today?

It's at 3069481, and was previously at about 2950000.

That's roughly 120k new shares sold today.

previously, when?

afrotec

full member

Activity: 127

Merit: 100

Coinnoisseur

Is there an ActiveMining irc channel or chat or something like that?

BitcoinBaBa

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Quote from: ThickAsThieves on July 29, 2013, 05:05:00 PM

Why has the share-count increased on BTCT.co today?

It's at 3069481, and was previously at about 2950000.

That's roughly 120k new shares sold today.

Well i had bought a decent amount of AMC shares on BTCT but wasn't aware of automatic switch over to ActM shares so i tendered them to AMCTENDER1 as was stated on page 1.
While others got shares automatically switched , my shares were stuck in the tender process.After talking to Ken i finally received them yesterday.I'm sure there must be other such cases like me. This could be an explanation for the "additional shares".

ArcticWolf

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Quote from: ThickAsThieves on July 29, 2013, 05:29:40 PM

Quote from: Vbs on July 29, 2013, 05:27:02 PM

Quote from: ThickAsThieves on July 29, 2013, 05:05:00 PM

Why has the share-count increased on BTCT.co today?

It's at 3069481, and was previously at about 2950000.

That's roughly 120k new shares sold today.

If it was the issuer, it would be easy to see due to shares appearing in bold on the ask wall, correct?

Aren't those options that were still frozen in AMC-PT and were redeemed now?

Issuer orders cannot be distinguished visually.

Options are reserved upon being written, not when executed.

Then the reserved AMC-PT shares would have been frozen when Burnside placed the lock on AMC-PT, and may have been just now transferred to ActiveMining.

Im not saying that this is necessarily what has happened, just that immediately thinking the worst is unwarranted.

Pompobit

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Quote from: Vbs on July 29, 2013, 05:27:02 PM

Quote from: ThickAsThieves on July 29, 2013, 05:05:00 PM

Why has the share-count increased on BTCT.co today?

It's at 3069481, and was previously at about 2950000.

That's roughly 120k new shares sold today.

If it was the issuer, it would be easy to see due to shares appearing in bold on the ask wall, correct?

where did you get this information?

Btw, anyone looked at outstanding AMC locked shares in the last day?

ThickAsThieves

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Activity: 518

Merit: 500

Quote from: Vbs on July 29, 2013, 05:27:02 PM

Quote from: ThickAsThieves on July 29, 2013, 05:05:00 PM

Why has the share-count increased on BTCT.co today?

It's at 3069481, and was previously at about 2950000.

That's roughly 120k new shares sold today.

If it was the issuer, it would be easy to see due to shares appearing in bold on the ask wall, correct?

Aren't those options that were still frozen in AMC-PT and were redeemed now?

Issuer orders cannot be distinguished visually.

Options are reserved upon being written, not when executed.

SamuelSG

newbie

Activity: 58

Merit: 0

Quote from: somestranger on July 29, 2013, 05:19:18 PM

Quote from: ffssixtynine on July 29, 2013, 05:17:28 PM

Firstly, I can't count. Oops!

Secondly, remember amc shares are being swapped and they could go to btct if people wanted. But let's all just jump to conclusions eh.

Ken?

I think they were probably tendered shares, but ken definitely needs to address this.

Wait, you can Tender your amc shares to a different exchange? where was this info? Can anyone verify doing this?

I have thought that it should be an option, seeing as Ken has to do it manually anyways.

Any input appreciated.

Vbs

hero member

Activity: 504

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Quote from: ThickAsThieves on July 29, 2013, 05:05:00 PM

Why has the share-count increased on BTCT.co today?

It's at 3069481, and was previously at about 2950000.

That's roughly 120k new shares sold today.

If it was the issuer, it would be easy to see due to shares appearing in bold on the ask wall, correct?

Aren't those options that were still frozen in AMC-PT and were redeemed now?

knybe

hero member

Activity: 658

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decentralize EVERYTHING...

Enough with THE SKY IS FALLING bs.

It degenerates into trollbox mayhem in here every time.

drdanishkhan

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pump and dump.. oh my.. Cry

Pompobit

hero member

Activity: 736

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edit, I can't read

MilkyLep

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Bitcoin for all & all for Bitcoin

...and this is why I kept asking about unsold shares...

zumzero

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myBitcoin.Garden

Quote from: physalis on July 29, 2013, 04:16:39 PM

Quote from: alexius89 on July 29, 2013, 03:53:38 PM

how long do we have to wait for Share Transfer from AMC to ActivMining?

I did everything according the instruction on page 1

I'm waiting already more than 48 hours.

Get in line. I'm waiting for a whole week now.

Chillax. It does take time. As long as you got your information correct and tendered before the cut-off date, which you did, you are fine.

5+ days for the transfer is not unusual and this is because Ken does it manually. He's obviously very busy and deals with a backlog everytime he sits down to do these tenders.

In the mean time, please do double check all the information you e-mailed him regarding this tender request.

somestranger

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Activity: 487

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Are You Shpongled?

Quote from: ffssixtynine on July 29, 2013, 05:17:28 PM

Firstly, I can't count. Oops!

Secondly, remember amc shares are being swapped and they could go to btct if people wanted. But let's all just jump to conclusions eh.

Ken?

I think they were probably tendered shares, but ken definitely needs to address this.

ffssixtynine

sr. member

Activity: 364

Merit: 250

Firstly, I can't count. Oops!

Secondly, remember amc shares are being swapped and they could go to btct if people wanted. But let's all just jump to conclusions eh.

Ken?

bobboooiie

hero member

Activity: 656

Merit: 500

Quote from: ThickAsThieves on July 29, 2013, 05:05:00 PM

Why has the share-count increased on BTCT.co today?

It's at 3069481, and was previously at about 2950000.

That's roughly 120k new shares sold today.

Nice catch, that is pretty much what was remaining from unsold shares. There is always possibility that there were some transferred from bitfunder as Ken was saying it will be possible but otherwise this seems like another poo poo from mr Kenneth

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 224. (Read 479475 times)