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Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 319. (Read 479317 times)

lewicki

sr. member

Activity: 294

Merit: 250

Quote from: BTCThousandaire on July 13, 2013, 02:32:50 PM

Quote from: knybe on July 13, 2013, 02:24:14 PM

Quote from: lewicki on July 13, 2013, 02:01:18 PM

Quote from: knybe on July 13, 2013, 02:00:17 PM

Quote from: kslaughter on July 13, 2013, 08:09:49 AM

I will be changing the wall in ActiveMining to around ~100,000 shares.

does this apply to the wall at BTCT as well?

Most likely not. The BTC-TC wall is in fall getting eaten through.

Still wondering if I should just sit tight on my AMC-PT shares?
What is the certainty that these shares will be transformed into ActM?

There is a limited amount of shares, so is it possible for the 10M shares to get taken before btct approves?

No. There are only 10M shares that are being released total. Whatever happens, there will be enough shares for both AMC and AMC-PT to convert to ActiveMiner shares.

WildFire.ca

hero member

Activity: 980

Merit: 503

Quote from: knybe on July 13, 2013, 02:24:14 PM

Quote from: lewicki on July 13, 2013, 02:01:18 PM

Quote from: knybe on July 13, 2013, 02:00:17 PM

Quote from: kslaughter on July 13, 2013, 08:09:49 AM

I will be changing the wall in ActiveMining to around ~100,000 shares.

does this apply to the wall at BTCT as well?

Most likely not. The BTC-TC wall is in fall getting eaten through.

Still wondering if I should just sit tight on my AMC-PT shares?
What is the certainty that these shares will be transformed into ActM?

I am 100% sure that your and my shares will be transferred with in half a day of the ActM stock being approved on BTCT

canth

legendary

Legendary level

Activity: 1442

Merit: 1001

Quote from: knybe on July 13, 2013, 02:24:14 PM

Quote from: lewicki on July 13, 2013, 02:01:18 PM

Quote from: knybe on July 13, 2013, 02:00:17 PM

Quote from: kslaughter on July 13, 2013, 08:09:49 AM

I will be changing the wall in ActiveMining to around ~100,000 shares.

does this apply to the wall at BTCT as well?

Most likely not. The BTC-TC wall is in fall getting eaten through.

Still wondering if I should just sit tight on my AMC-PT shares?
What is the certainty that these shares will be transformed into ActM?

100%. Just sit tight - you can be concerned when there isn't a plan of action to move them into ActM shares by Jul 24th, 1 week before 31st deadline.

BTCThousandaire

full member

Activity: 127

Merit: 100

Quote from: knybe on July 13, 2013, 02:24:14 PM

Quote from: lewicki on July 13, 2013, 02:01:18 PM

Quote from: knybe on July 13, 2013, 02:00:17 PM

Quote from: kslaughter on July 13, 2013, 08:09:49 AM

I will be changing the wall in ActiveMining to around ~100,000 shares.

does this apply to the wall at BTCT as well?

Most likely not. The BTC-TC wall is in fall getting eaten through.

Still wondering if I should just sit tight on my AMC-PT shares?
What is the certainty that these shares will be transformed into ActM?

There is a limited amount of shares, so is it possible for the 10M shares to get taken before btct approves?

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

Quote from: lewicki on July 13, 2013, 02:01:18 PM

Quote from: knybe on July 13, 2013, 02:00:17 PM

Quote from: kslaughter on July 13, 2013, 08:09:49 AM

I will be changing the wall in ActiveMining to around ~100,000 shares.

does this apply to the wall at BTCT as well?

Most likely not. The BTC-TC wall is in fall getting eaten through.

Still wondering if I should just sit tight on my AMC-PT shares?
What is the certainty that these shares will be transformed into ActM?

lewicki

sr. member

Activity: 294

Merit: 250

Quote from: knybe on July 13, 2013, 02:00:17 PM

Quote from: kslaughter on July 13, 2013, 08:09:49 AM

I will be changing the wall in ActiveMining to around ~100,000 shares.

does this apply to the wall at BTCT as well?

Most likely not. The BTC-TC wall is in fact getting eaten through.

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

Quote from: kslaughter on July 13, 2013, 08:09:49 AM

I will be changing the wall in ActiveMining to around ~100,000 shares.

does this apply to the wall at BTCT as well?

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: kslaughter on July 13, 2013, 10:37:01 AM

Off to the meeting with babefoot.

Such a good thing that Ken has taken on this meeting, also looking forward to the report back.

Streets 2.0

full member

Activity: 490

Merit: 101

FRX: Ferocious Alpha

Quote from: kslaughter on July 13, 2013, 10:37:01 AM

Off to the meeting with babefoot.

Good news, look forward to his return and report

kslaughter

sr. member

Activity: 476

Merit: 250

Off to the meeting with babefoot.

SoylentCreek

sr. member

Activity: 266

Merit: 250

Quote from: kslaughter on July 13, 2013, 08:09:49 AM

I will be changing the wall in ActiveMining to around ~100,000 shares.

What is your plan for releasing the remaining shares once the wall is down? Will you just keep releasing them in blocks of 100,000 at .0025?

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: Nosniw on July 13, 2013, 08:31:22 AM

Hi guys
I got a question.

Quote

Public investor's protection plan
The first 10,000,000 ActiveMining shares have the privilege of getting all profits until BTC0.0025/share is paid, starting from the day when dividends begin to be paid.

How to buy shares
ActiveMining shares will be sold on BitFunder and BTCT.CO and any other exchange, following asset approval or tendered by AMC shares. Existing Active Mining Cooperative (AMC) shareholders will be entitled to tender their shares for ActiveMining shares, on a 1:1 basis and are also covered in the public investor's protection plan.

I am an existing AMC shareholder on BTCT.CO, if I choose not to tender to bitfunder thus could not own the first 10M AM shares due to the delay of asset approval on BTCT.CO. Will I still be eligible to be covered in public investor's protection plan to get all profit until 0.0025/share is paid?
Thanks!

BTC-TC trading will be coming soon, if approved.

canth

legendary

Legendary level

Activity: 1442

Merit: 1001

Quote from: herzmeister on July 13, 2013, 05:19:59 AM

Email in 2) bounced back:

Quote

Code:

This is an automatically generated Delivery Status Notification.

Delivery to the following recipients failed.

[email protected]

Code:

Reporting-MTA: dns;eforward1.SJL03.name-services.com
Received-From-MTA: dns;c9mailgw42.amadis.com
Arrival-Date: Fri, 12 Jul 2013 18:30:45 -0700

Final-Recipient: rfc822;[email protected]
Action: failed
Status: 5.7.1
Diagnostic-Code: smtp;550 5.7.1 SPF unauthorized mail is prohibited.

As an FYI, everyone that is seeing these errors should really take a look at their domain DNS settings. http://en.wikipedia.org/wiki/Sender_Policy_Framework#Implementation

Adding the following is really all you have to do:

Code:

v=spf1 include:[your_mail_server_IPs and/or a/mx records] ~all

Nosniw

newbie

Activity: 45

Merit: 0

Hi guys
I got a question.

Quote

Public investor's protection plan
The first 10,000,000 ActiveMining shares have the privilege of getting all profits until BTC0.0025/share is paid, starting from the day when dividends begin to be paid.

How to buy shares
ActiveMining shares will be sold on BitFunder and BTCT.CO and any other exchange, following asset approval or tendered by AMC shares. Existing Active Mining Cooperative (AMC) shareholders will be entitled to tender their shares for ActiveMining shares, on a 1:1 basis and are also covered in the public investor's protection plan.

I am an existing AMC shareholder on BTCT.CO, if I choose not to tender to bitfunder thus could not own the first 10M AM shares due to the delay of asset approval on BTCT.CO. Will I still be eligible to be covered in public investor's protection plan to get all profit until 0.0025/share is paid?
Thanks!

kslaughter

sr. member

Activity: 476

Merit: 250

I will be changing the wall in ActiveMining to around ~100,000 shares.

Exocyst

sr. member

Activity: 266

Merit: 250

Science!

Quote from: bryan567 on July 13, 2013, 01:48:03 AM

Quote from: Exocyst on July 12, 2013, 08:30:25 PM

Quote from: superduh on July 12, 2013, 07:17:43 PM

just think for a moment.

crushing. yeah right!

noone knows what is going to happen by end of year BUT-

ASIC MINER standing by to deploy
half of BFLs might ship + their chips
AVALONS
Avalon CHIPS
who knows what else avalon will offer this year
Bitfury's
KNCS
unknown players

you guys are truly naive if you think AMC can make a decent dent.
they can play but i think everyone needs to get their expectations in line with reality

I would say that it is the height of naïveté to believe that ASICMINER will not have future competition for blockchain dominance. I ask one simple question: if not ActM, then who? ActM is at least positioning itself to be in the running, so why not get on board when the price is low? A 2% mining share would equate to ActM share prices over 0.025BTC & weekly dividends of 0.00025BTC/share
8% : 0.1BTC/share & weekly dividends of 0.001BTC/share
16% : 0.2BTC/share & weekly dividends of 0.002BTC/share

Can you really afford not to punt some BTC on 5,000 or 10,000 shares?

Care to share your calculations?

Weekly dividends: Blocks/week * block reward / shares
Share price: weekly div. / 0.5%

So, I apologize, I propagated an error through my calculations (used annual dividends to calculate share price on weekly figures). Here are the correct projections.
2%: 0.0040BTC & weekly dividends of 0.00001BTC/share
8%: 0.160BTC & weekly dividends of 0.00004BTC/share
16%: 0.0320BTC & weekly dividends of 0.00008BTC/share

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: herzmeister on July 13, 2013, 05:19:59 AM

Quote from: kslaughter on July 08, 2013, 05:47:27 PM

1). Tender our AMC shares by pushing the shares to AMC-TENDER.
Your AMC shares will then be tendered for ActiveMining shares.
2). Then email the above information to [email protected]

Done 1) a few hours ago.
Email in 2) bounced back:

Quote

Code:

This is an automatically generated Delivery Status Notification.

Delivery to the following recipients failed.

[email protected]

Code:

Reporting-MTA: dns;eforward1.SJL03.name-services.com
Received-From-MTA: dns;c9mailgw42.amadis.com
Arrival-Date: Fri, 12 Jul 2013 18:30:45 -0700

Final-Recipient: rfc822;[email protected]
Action: failed
Status: 5.7.1
Diagnostic-Code: smtp;550 5.7.1 SPF unauthorized mail is prohibited.

Send the info as a pm on here, then give the email another go. I'm sure ken will see to the tender if its by pm

herzmeister

legendary

Legendary level

Activity: 1764

Merit: 1007

Quote from: kslaughter on July 08, 2013, 05:47:27 PM

1). Tender our AMC shares by pushing the shares to AMC-TENDER.
Your AMC shares will then be tendered for ActiveMining shares.
2). Then email the above information to [email protected]

Done 1) a few hours ago.
Email in 2) bounced back:

Quote

Code:

This is an automatically generated Delivery Status Notification.

Delivery to the following recipients failed.

[email protected]

Code:

Reporting-MTA: dns;eforward1.SJL03.name-services.com
Received-From-MTA: dns;c9mailgw42.amadis.com
Arrival-Date: Fri, 12 Jul 2013 18:30:45 -0700

Final-Recipient: rfc822;[email protected]
Action: failed
Status: 5.7.1
Diagnostic-Code: smtp;550 5.7.1 SPF unauthorized mail is prohibited.

bryan567

newbie

Activity: 29

Merit: 0

Quote from: Exocyst on July 12, 2013, 08:30:25 PM

Quote from: superduh on July 12, 2013, 07:17:43 PM

just think for a moment.

crushing. yeah right!

noone knows what is going to happen by end of year BUT-

ASIC MINER standing by to deploy
half of BFLs might ship + their chips
AVALONS
Avalon CHIPS
who knows what else avalon will offer this year
Bitfury's
KNCS
unknown players

you guys are truly naive if you think AMC can make a decent dent.
they can play but i think everyone needs to get their expectations in line with reality

I would say that it is the height of naïveté to believe that ASICMINER will not have future competition for blockchain dominance. I ask one simple question: if not ActM, then who? ActM is at least positioning itself to be in the running, so why not get on board when the price is low? A 2% mining share would equate to ActM share prices over 0.025BTC & weekly dividends of 0.00025BTC/share
8% : 0.1BTC/share & weekly dividends of 0.001BTC/share
16% : 0.2BTC/share & weekly dividends of 0.002BTC/share

Can you really afford not to punt some BTC on 5,000 or 10,000 shares?

Care to share your calculations?

BTCThousandaire

full member

Activity: 127

Merit: 100

The offer to exchange shares can be withdrawn at any time... So is it really safe to wait for btct to add ActM?

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