has anyone read this?
burnside: "I hate to say this, but barring some kind of loophole, it may come down to excluding US citizens from playing the game."
Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 254. (Read 479317 times)
All of the information is out there, all screenshots, pictures and proof is present.
An empty building and papers? Sure it proves the company exists, but will it deliver something, will investors ever get meaningful dividends (consider the market capitalization which is gigantic for such an unproven company)? Are all shares sold or did AMC buy back some with investor's money to finish their IPO?I could have asked all the same questions during the Asicminer iPO. Do we even know where their office is?
All of the information is out there, all screenshots, pictures and proof is present.
An empty building and papers? Sure it proves the company exists, but will it deliver something, will investors ever get meaningful dividends (consider the market capitalization which is gigantic for such an unproven company)? Are all shares sold or did AMC buy back some with investor's money to finish their IPO?Nobody is holding a gun against your head and forcing you to invest in this security, but here 95% of us believes in Ken and his efforts, so could you just leave this thread and nag other people?
Div payment is coming, and a question came to my mind about the future dividents:
According to Ken, the first 10M ACTM shares will be some kind of "priority" shares, and only those shares will get the dividends until 0.0025/share.
And this is the part I don't really understand:
1. Do only those shares get the divs until the sum of the paid divs reach 0.0025/share, or until the weekly div rises to 0.0025/share?
2. What does the "only the first 10M get the divs" statement mean? Will ACTM pay the divs for them like those shares were the only shares of ACTM, so dividing the profit by 10M, or will ACTM pay the divs "normally" and store the remaining BTC on another address?
According to Ken, the first 10M ACTM shares will be some kind of "priority" shares, and only those shares will get the dividends until 0.0025/share.
And this is the part I don't really understand:
1. Do only those shares get the divs until the sum of the paid divs reach 0.0025/share, or until the weekly div rises to 0.0025/share?
2. What does the "only the first 10M get the divs" statement mean? Will ACTM pay the divs for them like those shares were the only shares of ACTM, so dividing the profit by 10M, or will ACTM pay the divs "normally" and store the remaining BTC on another address?
There are 25M shares total.
ActM owns 15M the Shareholders own 10M
Once .0025/share has been paid out over the course of however many weeks/months it takes to do that in dividends then ActM's 15M shares will start to take Dividends (Dividends divided by 25M instead of just 10M)
This is my understanding of it, correct me if I'm wrong.
I don't really know, that is why I'm asking. Your version is my understanding too, but this brings another question forth:
After the sum of the divs reaches 0.0025/share, the divs will be paid to all 25M shares, which means that shareholders' div right after the one that fulfilled the 0.0025/share limit, will be less than half of the previous one, am I right?
Not necessarily less than half of previous.. take into account increased hashing power as Active Mining Corp grows. But yes, 10 mil shares get paid first, then once the 0.0025 is paid to all active shares, the other 15 mil will start receiving dividends.
As to the derailing of this thread, the ignore button works wonders. All of the information is out there, all screenshots, pictures and proof is present. If you are still thinking this is a scam, then you need to move along.
Anyway, 0.0025/share is 60%+ of the weighted average I paid for each of my shares, so I think I'm totally happy with either understandings
Div payment is coming, and a question came to my mind about the future dividents:
According to Ken, the first 10M ACTM shares will be some kind of "priority" shares, and only those shares will get the dividends until 0.0025/share.
And this is the part I don't really understand:
1. Do only those shares get the divs until the sum of the paid divs reach 0.0025/share, or until the weekly div rises to 0.0025/share?
2. What does the "only the first 10M get the divs" statement mean? Will ACTM pay the divs for them like those shares were the only shares of ACTM, so dividing the profit by 10M, or will ACTM pay the divs "normally" and store the remaining BTC on another address?
According to Ken, the first 10M ACTM shares will be some kind of "priority" shares, and only those shares will get the dividends until 0.0025/share.
And this is the part I don't really understand:
1. Do only those shares get the divs until the sum of the paid divs reach 0.0025/share, or until the weekly div rises to 0.0025/share?
2. What does the "only the first 10M get the divs" statement mean? Will ACTM pay the divs for them like those shares were the only shares of ACTM, so dividing the profit by 10M, or will ACTM pay the divs "normally" and store the remaining BTC on another address?
There are 25M shares total.
ActM owns 15M the Shareholders own 10M
Once .0025/share has been paid out over the course of however many weeks/months it takes to do that in dividends then ActM's 15M shares will start to take Dividends (Dividends divided by 25M instead of just 10M)
This is my understanding of it, correct me if I'm wrong.
I don't really know, that is why I'm asking. Your version is my understanding too, but this brings another question forth:
After the sum of the divs reaches 0.0025/share, the divs will be paid to all 25M shares, which means that shareholders' div right after the one that fulfilled the 0.0025/share limit, will be less than half of the previous one, am I right?
Not necessarily less than half of previous.. take into account increased hashing power as Active Mining Corp grows. But yes, 10 mil shares get paid first, then once the 0.0025 is paid to all active shares, the other 15 mil will start receiving dividends.
As to the derailing of this thread, the ignore button works wonders. All of the information is out there, all screenshots, pictures and proof is present. If you are still thinking this is a scam, then you need to move along.
Div payment is coming, and a question came to my mind about the future dividents:
According to Ken, the first 10M ACTM shares will be some kind of "priority" shares, and only those shares will get the dividends until 0.0025/share.
And this is the part I don't really understand:
1. Do only those shares get the divs until the sum of the paid divs reach 0.0025/share, or until the weekly div rises to 0.0025/share?
2. What does the "only the first 10M get the divs" statement mean? Will ACTM pay the divs for them like those shares were the only shares of ACTM, so dividing the profit by 10M, or will ACTM pay the divs "normally" and store the remaining BTC on another address?
According to Ken, the first 10M ACTM shares will be some kind of "priority" shares, and only those shares will get the dividends until 0.0025/share.
And this is the part I don't really understand:
1. Do only those shares get the divs until the sum of the paid divs reach 0.0025/share, or until the weekly div rises to 0.0025/share?
2. What does the "only the first 10M get the divs" statement mean? Will ACTM pay the divs for them like those shares were the only shares of ACTM, so dividing the profit by 10M, or will ACTM pay the divs "normally" and store the remaining BTC on another address?
There are 25M shares total.
ActM owns 15M the Shareholders own 10M
Once .0025/share has been paid out over the course of however many weeks/months it takes to do that in dividends then ActM's 15M shares will start to take Dividends (Dividends divided by 25M instead of just 10M)
This is my understanding of it, correct me if I'm wrong.
I don't really know, that is why I'm asking. Your version is my understanding too, but this brings another question forth:
After the sum of the divs reaches 0.0025/share, the divs will be paid to all 25M shares, which means that shareholders' div right after the one that fulfilled the 0.0025/share limit, will be less than half of the previous one, am I right?
Div payment is coming, and a question came to my mind about the future dividents:
According to Ken, the first 10M ACTM shares will be some kind of "priority" shares, and only those shares will get the dividends until 0.0025/share.
And this is the part I don't really understand:
1. Do only those shares get the divs until the sum of the paid divs reach 0.0025/share, or until the weekly div rises to 0.0025/share?
2. What does the "only the first 10M get the divs" statement mean? Will ACTM pay the divs for them like those shares were the only shares of ACTM, so dividing the profit by 10M, or will ACTM pay the divs "normally" and store the remaining BTC on another address?
According to Ken, the first 10M ACTM shares will be some kind of "priority" shares, and only those shares will get the dividends until 0.0025/share.
And this is the part I don't really understand:
1. Do only those shares get the divs until the sum of the paid divs reach 0.0025/share, or until the weekly div rises to 0.0025/share?
2. What does the "only the first 10M get the divs" statement mean? Will ACTM pay the divs for them like those shares were the only shares of ACTM, so dividing the profit by 10M, or will ACTM pay the divs "normally" and store the remaining BTC on another address?
I skimread the last few pages but it's just bickering and nonsense, is anyone able to fill me in on the latest updates? I heard Ken was going out to meet eASIC today?
yep he is in California right now and should have an update this evening
Flight is today, meeting is tomorrow morning.
I skimread the last few pages but it's just bickering and nonsense, is anyone able to fill me in on the latest updates? I heard Ken was going out to meet eASIC today?
yep he is in California right now and should have an update this evening
I skimread the last few pages but it's just bickering and nonsense, is anyone able to fill me in on the latest updates? I heard Ken was going out to meet eASIC today?
Just hit ignore and report to moderator and let's get back to the discussion at hand.
But I will hold your hand through this,
...
Community member's Trip to VMC
Short: https://bitcointalksearch.org/topic/activemining-the-official-active-mining-discussion-thread-252531
...
If your question isn't answered here, then ask it in this thread nicely. Not like some dickhead kid, and it will likely be answered by either a shareholder or ken himself.
...
Community member's Trip to VMC
Short: https://bitcointalksearch.org/topic/activemining-the-official-active-mining-discussion-thread-252531
...
If your question isn't answered here, then ask it in this thread nicely. Not like some dickhead kid, and it will likely be answered by either a shareholder or ken himself.
crumbs, I assume you didn't see the journey from sticker building to underground place in the links provided to you?
http://www.flickr.com/photos/98907028@N08/
Don't feed the troll.
But I will hold your hand through this,
...
Community member's Trip to VMC
Short: https://bitcointalksearch.org/topic/activemining-the-official-active-mining-discussion-thread-252531
...
If your question isn't answered here, then ask it in this thread nicely. Not like some dickhead kid, and it will likely be answered by either a shareholder or ken himself.
crumbs, I assume you didn't see the journey from sticker building to underground place in the links provided to you?...
Community member's Trip to VMC
Short: https://bitcointalksearch.org/topic/activemining-the-official-active-mining-discussion-thread-252531
...
If your question isn't answered here, then ask it in this thread nicely. Not like some dickhead kid, and it will likely be answered by either a shareholder or ken himself.
http://www.flickr.com/photos/98907028@N08/
:DWait, i'll laugh at the PSs & old server cases later, but tell me, just so i can be sure -- what country are these pics taken in?
Edit: A guy who's been on this forum just *20 days* before posting his impressions? And y'all just trusted him?
But I will hold your hand through this,
...
Community member's Trip to VMC
Short: https://bitcointalksearch.org/topic/activemining-the-official-active-mining-discussion-thread-252531
...
If your question isn't answered here, then ask it in this thread nicely. Not like some dickhead kid, and it will likely be answered by either a shareholder or ken himself.
...
Community member's Trip to VMC
Short: https://bitcointalksearch.org/topic/activemining-the-official-active-mining-discussion-thread-252531
...
If your question isn't answered here, then ask it in this thread nicely. Not like some dickhead kid, and it will likely be answered by either a shareholder or ken himself.
crumbs, I assume you didn't see the journey from sticker building to underground place in the links provided to you?
http://www.flickr.com/photos/98907028@N08/
What they don't realize is their trolling is actually helping us.. our responses always appear logically appropriate and mature, only solidifying potential interest from investors.
It's like witnessing a debate between a college graduate and an autistic child. Who would you rather believe?
I think I'm going to bet against the autistic kids.
It's like witnessing a debate between a college graduate and an autistic child. Who would you rather believe?
I think I'm going to bet against the autistic kids.
So if we're wanting to make a decent sized buy order, should we wait for ActiveMining to start trading? Will a wall be posted?
No wall - any shares you own now will automatically be converted to ActiveMining when that starts trading. You should buy whenever you think you will get the lowest price.
The actual securities move on BTCT *shouldn't* generate any price movement, everything is pretty transparent.
Thank you. Im waiting on BTC from coinbase and wasnt sure when activemining will start trading.
I'm curious about the 0.0025 dividend/share thing... When does this 'expire'? Say I bought some more shares now, would those shares still be open for this guarantee? What about if I bought in six months time? Is this only valid for IPO shares? I haven't seen anything about this in the thread, but I might have missed it.
From what I understand, there will only be 10M shares for investors (40%) with the company retaining 15M for itself (60%).
The IPO released a majority of the 10M shares due to drop in USD/BTC value, but the rest won't be issued until a much later date (ie. when needed).
Those who bought shares for 0.0025 before dividends started to pay out at the start of the month will effectively get a full refund.
Those who buy shares now (from a previous shareholder) should receive 100% profits until such time as those above get their 0.0025/share and the 40%/60% profit split happens.
Yes trying to undermine confidence but the smart people here know the ACtM fundamentals are rock solid and shares are widely undervalued. And with less than 100k left on the books for public issue they are very scarce. That amount went in a day last week.
You're just being ridiculous now, deliberately misrepresenting details (eg there was a clear distinction made between Springfield underground and the VMC office you posted so people like you wouldn't toss around stupid accusations)
Piss off you're wasting everyone's time including your own. Unless of course you have an agenda posting here?
Also why did two of you show up at the same time and decide to railroad every current thread relating to this security?
Piss off you're wasting everyone's time including your own. Unless of course you have an agenda posting here?
Also why did two of you show up at the same time and decide to railroad every current thread relating to this security?
They are obvious trolls and too many of you are feeding them. They'll hang around and antagonize for as long as we entertain them.
The good news is that this is a phase in BTC Security development that is actually positive. When "shilltrolls" show up and with any amount of force or pseudo-organization, (like these two), it marks a point in market upset. It doesn't mean that ActiveMining has arrived, but it does mean waves are being made to the point of energy expenditure against a competing security. It is beneficial to note the number and aggressiveness of these activities, as this will help get a beat on how much market upset is perceived.
Fun times.
Every response gives the kid another reason to respond with another dickish comment. To stay on topic ignore these fools.
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