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Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 320. (Read 479317 times)

pneumatic5
full member
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 08:49:31 PM
#366
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?

+1
Exocyst
sr. member
Activity: 266
Merit: 250
Science!
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 08:30:25 PM
#365
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?
John818
newbie
Activity: 31
Merit: 0
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 07:31:36 PM
#364
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

"If I wasn't naive I wouldn't bet big on ActM and if they succeeded I wouldn't make my fortune."

or

"If I was naive I would bet big on ActM and make my fortune if they succeeded."
superduh
hero member
Activity: 602
Merit: 500
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 07:17:43 PM
#363
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
MilkyLep
hero member
Activity: 583
Merit: 500
Bitcoin for all & all for Bitcoin
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 06:16:13 PM
#362
Well if anyone is interested in lending me 100BTC or so I'd be happy to purchase a 40000 chunk from the wall! Cheesy

Anyways now that Coinbase allows me to purchase BTC instantly I feel like its time to start playing hungry hungry hippo with these AMC shares.

Anybody else feeling...
Exocyst
sr. member
Activity: 266
Merit: 250
Science!
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 06:11:38 PM
#361
Quote from: LordMeowMeow on July 12, 2013, 05:19:05 PM
I'm officially on the ActiveMining bandwagon now. Looking forward to see some crushing of the blockchain soon Cheesy

Glad to see more joining up, but crushing of the blockchain won't be happening until the 20,000 Avalon chips come online (which will allow for a nice bruising of the blockchain). This is still a long investment that the FAST-HASH-ONE series will be online and crushing the blockchain by Q1/Q2 of 2014. So, lock your shares up and forget about them until next year and you might just bring home a tidy profit on dividends and share valuation. Hold tight folks!
lewicki
sr. member
Activity: 294
Merit: 250
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 05:22:25 PM
#360
Quote from: MilkyLep on July 12, 2013, 04:23:54 PM
Quote
See you in eighty days anyway.

 Grin You guys kill me, twas nice to see that huge chunk (by recent comparison) get bought up on btct a little while ago!

Almost a quarter way through on BTC-TC.
LordMeowMeow
sr. member
Activity: 617
Merit: 250
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 05:19:05 PM
#359
I'm officially on the ActiveMining bandwagon now. Looking forward to see some crushing of the blockchain soon Cheesy
MilkyLep
hero member
Activity: 583
Merit: 500
Bitcoin for all & all for Bitcoin
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 04:23:54 PM
#358
Quote
See you in eighty days anyway.

 Grin You guys kill me, twas nice to see that huge chunk (by recent comparison) get bought up on btct a little while ago!
WildFire.ca
hero member
Activity: 980
Merit: 503
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 04:22:34 PM
#357
Quote from: hf on July 12, 2013, 04:19:14 PM
Quote from: FloatesMcgoates on July 12, 2013, 02:51:16 AM
Quote from: hf on July 12, 2013, 02:47:40 AM
Quote from: FloatesMcgoates on July 12, 2013, 02:45:19 AM
Quote from: Vbs on July 12, 2013, 02:31:16 AM
Taking down the wall only helps speculators that want to play with the price as soon as possible.

The wall will be brought down by investors once they realise the potential of this. Volume is more important than price now.

The thing is that the wall is keeping volume down because investors don't believe they will make any money. Why would an individual choose to buy in at .0025 when there is no chance of the share price increasing?

For example, there are 1941664 shares at .0025 available on BTCT right now. The daily volume of AMC is 24538. Even if every single one of those trades was a buy at .0025, and they most certainly are not, it would take around 80 days before the wall gets brought down.
They almost were. Yesterday, the wall was around 1965000.

Well if you are content with waiting 80 days then feel free to support the wall.
I'm quite content, yeah. The wall is 1840987 high. 30h ago, it was 1965000. At this rate, it would be gone in 18 days.

See you in eighty days anyway.
The rate that they get bought up at will go up as there are less and less available.
hf
member
Activity: 98
Merit: 10
there will be no fucking vegetables
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 04:19:14 PM
#356
Quote from: FloatesMcgoates on July 12, 2013, 02:51:16 AM
Quote from: hf on July 12, 2013, 02:47:40 AM
Quote from: FloatesMcgoates on July 12, 2013, 02:45:19 AM
Quote from: Vbs on July 12, 2013, 02:31:16 AM
Taking down the wall only helps speculators that want to play with the price as soon as possible.

The wall will be brought down by investors once they realise the potential of this. Volume is more important than price now.

The thing is that the wall is keeping volume down because investors don't believe they will make any money. Why would an individual choose to buy in at .0025 when there is no chance of the share price increasing?

For example, there are 1941664 shares at .0025 available on BTCT right now. The daily volume of AMC is 24538. Even if every single one of those trades was a buy at .0025, and they most certainly are not, it would take around 80 days before the wall gets brought down.
They almost were. Yesterday, the wall was around 1965000.

Well if you are content with waiting 80 days then feel free to support the wall.
I'm quite content, yeah. The wall is 1840987 high. 30h ago, it was 1965000. At this rate, it would be gone in 18 days.

See you in eighty days anyway.
finlof
hero member
Activity: 630
Merit: 500
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 03:54:00 PM
#355
Quote from: ?? on ??
Quote from: knybe on July 12, 2013, 12:56:04 PM
Quote from: lolstate on July 12, 2013, 12:49:42 PM
Quote from: neilol on July 12, 2013, 12:10:03 PM
Quote from: ?? on ??
Quote from: lolstate on July 12, 2013, 09:46:56 AM
Quote from: themagicdrake on July 12, 2013, 09:30:27 AM
Are plans still on with the visit to the office and meeting with Ken? Who's going?

Babefoot is going tomorrow (Saturday). Update to follow.


Any last minute ideas before I leave tomorrow?  What helpful information do you guys want to see that cannot be obtained through the forum?

Not sure that if this was addressed already or if it's allowed - but pictures of equipment, team, etc. time stamped.



I'm sure general impressions of Ken, the current (if nascent) setup etc would be useful. Might help put a few minds at ease on this thread if they are positive!  Smiley

Also, guys, I have paid for babefoot's gas. If any of you would like to send some additional satoshis babefoot's way to help cover the time and any misc expenses, that would be much appreciated!

what's barefoot's bitcoin addy??


You can donate for this trip to this address:

17ar5rLH6wbQDy6yLc6sfYLVjEwkYBLbqV

And thank you very much.


0.1BTC sent.  i know it's not much, but every little bit helps.
knybe
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 03:25:11 PM
#354
Quote from: ?? on ??
Quote from: knybe on July 12, 2013, 12:56:04 PM
Quote from: lolstate on July 12, 2013, 12:49:42 PM
Quote from: neilol on July 12, 2013, 12:10:03 PM
Quote from: ?? on ??
Quote from: lolstate on July 12, 2013, 09:46:56 AM
Quote from: themagicdrake on July 12, 2013, 09:30:27 AM
Are plans still on with the visit to the office and meeting with Ken? Who's going?

Babefoot is going tomorrow (Saturday). Update to follow.


Any last minute ideas before I leave tomorrow?  What helpful information do you guys want to see that cannot be obtained through the forum?

Not sure that if this was addressed already or if it's allowed - but pictures of equipment, team, etc. time stamped.



I'm sure general impressions of Ken, the current (if nascent) setup etc would be useful. Might help put a few minds at ease on this thread if they are positive!  Smiley

Also, guys, I have paid for babefoot's gas. If any of you would like to send some additional satoshis babefoot's way to help cover the time and any misc expenses, that would be much appreciated!

what's barefoot's bitcoin addy??


You can donate for this trip to this address:

17ar5rLH6wbQDy6yLc6sfYLVjEwkYBLbqV

And thank you very much.


done. Hopefully that'll getcha gallon...
SoylentCreek
sr. member
Activity: 266
Merit: 250
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 01:25:06 PM
#353
Quote from: oaxaca on July 12, 2013, 01:05:28 PM


Don't look now, but look who's the most active...
knybe
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 01:16:30 PM
#352
Quote from: synapseattack on July 12, 2013, 01:07:50 PM
Quote from: knybe on July 12, 2013, 12:56:04 PM
what's barefoot's bitcoin addy??

1PrNbkjBRnUouaD6HfXJdz4PizbAT3awuq




That's not his address... I was just being a smartass because it's what is in my signature. Don't send here.

Heh? babefoot's address is not in his/her signature...
synapseattack
newbie
Activity: 48
Merit: 0
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 01:07:50 PM
#351
Quote from: knybe on July 12, 2013, 12:56:04 PM
what's barefoot's bitcoin addy??

1PrNbkjBRnUouaD6HfXJdz4PizbAT3awuq




That's not his address... I was just being a smartass because it's what is in my signature. Don't send here.
oaxaca
hero member
Activity: 671
Merit: 500
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 01:05:28 PM
#350


Don't look now, but look who's the most active...
knybe
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 12:56:04 PM
#349
Quote from: lolstate on July 12, 2013, 12:49:42 PM
Quote from: neilol on July 12, 2013, 12:10:03 PM
Quote from: ?? on ??
Quote from: lolstate on July 12, 2013, 09:46:56 AM
Quote from: themagicdrake on July 12, 2013, 09:30:27 AM
Are plans still on with the visit to the office and meeting with Ken? Who's going?

Babefoot is going tomorrow (Saturday). Update to follow.


Any last minute ideas before I leave tomorrow?  What helpful information do you guys want to see that cannot be obtained through the forum?

Not sure that if this was addressed already or if it's allowed - but pictures of equipment, team, etc. time stamped.


I'm sure general impressions of Ken, the current (if nascent) setup etc would be useful. Might help put a few minds at ease on this thread if they are positive!  Smiley

Also, guys, I have paid for babefoot's gas. If any of you would like to send some additional satoshis babefoot's way to help cover the time and any misc expenses, that would be much appreciated!

what's barefoot's bitcoin addy??
SoylentCreek
sr. member
Activity: 266
Merit: 250
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 12:50:36 PM
#348
Quote from: Streets 2.0 on July 12, 2013, 12:19:28 PM
Quote from: kslaughter on July 12, 2013, 12:18:27 PM
Here are the detail of the dividend payment made yesterday:

Mining Revenue for the week:              80.00 BTC.
Growth And Expansion Fund Payment:  61.13 BTC  
                                                         =======

Total                                                 141.13 BTC

The Growth And Expansion Fund is not need now as we are unwinding AMC and preparing for it to be merged into
Active Mining which does not have a Growth And Expansion Fund defined.  Growth And Expansion will come from
the general revenue of the company, which can include income from mining, sales, and services.  Also, the shares
which AMC owned and there where receiving dividends were de-issued as it did not server any purpose due to the
merger for AMC to continue receiving dividends.  


It was obvious to most of us, but it is nice to have the clarity for all!  Thanks Ken, keep it up

Thanks Ken!  I just linked to this on a Reddit comment that was posted yesterday in relation to this issue.  Glad to see you are on top of things as usual. Grin
lolstate
full member
Activity: 196
Merit: 100
Re: [ActiveMining] The Official Active Mining Discussion Thread
July 12, 2013, 12:49:42 PM
#347
Quote from: neilol on July 12, 2013, 12:10:03 PM
Quote from: ?? on ??
Quote from: lolstate on July 12, 2013, 09:46:56 AM
Quote from: themagicdrake on July 12, 2013, 09:30:27 AM
Are plans still on with the visit to the office and meeting with Ken? Who's going?

Babefoot is going tomorrow (Saturday). Update to follow.


Any last minute ideas before I leave tomorrow?  What helpful information do you guys want to see that cannot be obtained through the forum?

Not sure that if this was addressed already or if it's allowed - but pictures of equipment, team, etc. time stamped.


I'm sure general impressions of Ken, the current (if nascent) setup etc would be useful. Might help put a few minds at ease on this thread if they are positive!  Smiley

Also, guys, I have paid for babefoot's gas. If any of you would like to send some additional satoshis babefoot's way to help cover the time and any misc expenses, that would be much appreciated!
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