Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 52. (Read 479475 times)

Problem is, nobody knows. Maybe everything is OK. We do not know!
Kens and Co refuses to publish regular statements and we have no idea, what is going on with finances of Actm and it's whole owned subsidiary.
I am almost 100% sure they have not hired a CPA or if they did, he/she is either kept in the dark or he/she is a total moron.  
Why do I say this? Because of bull shit excuse how NDA (covers some parts of the eASIC deal!) will not allow them to publish the balance sheet and PL statement. LOL, this is absurd.
Nobody knows how:
1) how much BTC was converted
2) at what price
3) how much money is spent per month so far
4) how much is spent and will be spent on fixed expenses
etc.
We have no idea what this Co is worth now because there is no information. We can not _predict_ the future value of this Co. because there is no information to base the predictions on. You can not build the roof if you have no foundation and walls.

You will see few morons popping up an telling how they did their research but never telly you what it actually was and where did they get the numbers to put a value to Actm.

For some stupid reason, I still believe Actm can pull it off but what bothers me the most, is this shitty, or more precisely, non existing communication and hiding.

Fuck cheerleaders (both sides, from "Oo success!" and "Failure!" teams) and clueless sock puppets, clinging to cheerleaders. They are clueless and useless. It's all emotions without any facts.

As you can see, 90% of this thread is total bullshit and mostly irrelevant. Why is this pile of crap called "The Official Active Mining Discussion Thread" is beyond me.

If project team (Ken and Co) can not write up a short weekly project report of their successes and failures, they need a more qualified  project manager. BTW, good programmers, excellent engineers etc hardly ever make a good project managers - this is a fact.

So, dear advisory board and the self appointed management. If you can not demonstrate even entry level project/team management skills.. wtf do you expect happens in this forum thread? People get nervous!

You took our money and now you give us silent treatment. WTF! Seriously?

BTW, this starts to remind me Evorhees and his fkn gambling site fiasco (and several other fabulous fuck up's from self appointed and anointed CEO's and portfolio mangers etc)

Seriously Ken, get your act together and start talking.

....A meaningless board, and some random bloke called Ken.....

The issue isn't that they are a bad company... It's the timing.

They won't have their chips for another 45-60 days.  They way this market works, they will probably lose half of their value by then.  There really is no buying pressure so every time someone decides to dump shares and get out, the price stays down.

Some investors and forum users...

I haven't been able to follow exactly everything that has been going on.

Whats the negative points for ActiveMining? They are using eAsic which is a well established company that generates different types of asic on a daily basis, their foundry is Fujitsu.

What exactly is bad about the company so far?

To the first point, someone cannot lie with an opinion.  Not a single person here "knows" whether this is a good investment or not.  My money is that it is.  What people can do however, is lie as to whether they are investing.  To be honest, I do not care whether you are holding or not. My money is that you are, along with everyone else in here, but again, I do not care.  I can assure you though, the FUDsters like Ice and Crumbs certainly are.  They show up, flood the forum with countless posts with little substance as the price is dropping, yet go dark when the price spikes (because they are watching the tickers for the perfect time to dump). 

Assuming you are being honest, the only reason that you are here is because you "[E]njoy mocking stupid people."  In this case, you are simply here for the lolz and anyone would be simply foolish to take your opinion beyond that of a grain of salt.  Nonetheless, this is a free market.  If you want to invest, do so; if not, don't.  Makes no difference to me.

The eASIC press release got people excited, and alleviated some of that buying pressure.  Unfortunately (for some) the price grew too quickly, and many shareholders opted to dump for profit.  We're now back to the faze where trolls and FUDsters are back with a rather successful attempt to drive the price down as low as they can so they can scoop up as many shares before ActM starts hashing in November.  There has been no official word as of yet from Ken, and to be honest, why should there be?  No one is forcing anyone to hold ActM. If you want a good shot at short term dividends, liquidate your ActM and buy in to Labcoin (Full Disclosure: I own Labcoin).  I personally am holding much more in ActM at the moment.  I have said from the beginning, that I will hold ActM until the hashing begins, and then see where it goes from there, and the truth is, there is a strong chance that hashing will commence within 8-12 weeks; at which point, things could potentially go thermonuclear.

What's the word from Ken or ActiveMining-PR or Vbs or all the previously bullish and vocal supporters of ACTM?

Is this a done deal?

Everyone got their cheese and now shop closed?

besides the usual pump&dumpers polluting the thread, it's fucking crickets in here.

Is IceDrill even trading on BTCT yet?  All I see is this - the proposal that got voted down.

IceDrill is fully funded for ~250TH.  If the 6.25M extra shares sell, that's just delicious cherry icing on the 500TH vanilla cake of profit.

If they don't, they will be taken off the market and I'll have less competition should I decide to sell.

When I get more BTC to invest, I'll buy IceDrill shares for less than IPO all day long.   

icebreaker, hows that 6.25mil share wall on icedrill?

icedrill's goin nowhere, just like you. 'nuff said.

Now that's what I call 'managing expectations.'

Lower the bar to the ground, then be impressed when ACTM makes "a little bit of profit."

If it goes to zero, no biggie!  That's just how losers roll.   

Who wants to stress about maximizing profit anyway, when they could just be happily resigned to little or zero ROI?   

Wow, really? One box can fit up to 6 x 256GH/s modules for a total of 1.536TH/s in one box, and you can connect 23 additional fully loaded boxes for a total of 24.576TH/s.

Actually, it's much more fun to banter with a rational person like you or Vbs than moonbat lunatics like stuart/volcanic/sumzero!

Let's see how "unaffected" you are when ACTM fails to generate positive ROI.  


This "extra expansion room" feature is very much needed to ensure longer product life.  

Will ACTM machines (Gold/Silver/Tin/Lead/Etc) have an upgrade slot?



The Miner Protection Program™ is a great option for HashFast customers worried about the exploding difficulty rate!

Will Activemining have any such insurance available, or will they be left holding the bag when their 20GH chips don't cut it?

How nice for you! 

I'm glad to have realized massive actual (IE non-paper) gains on the ~50k AMC I got for ~0.0005.

Selling those for 0.0045 provided the funds to be first in line for Ice.Drill.   

Good luck with your silly garage-based shell corporation and their little upcoming ASIC-SX.   

I know you, having drank deeply of the Ken-flavored Kool-Aid and eagerly anticipating ever-receding dividends, won't sell anytime soon.

Obviously I was talking about paper losses.

Here Mr. Noobvestor, LMGTFY:

http://www.investopedia.com/terms/p/paperprofitorloss.asp

Too bad you didn't see my posts warning you to GTFO ACTM.   

How much did that avoidable mistake cost you?  Bragraphics lost a small forture, like 700 BTC IIRC.   

Of course a peasant like yourself probably has no significant holdings, and you're mad because the two shares you own can't be flipped for more than 0.003!   

ActM announced they would have nothing till mid-November. The result was obvious.

nUTBREAKER go ahead and eat your bowl of dicks please. I don't even see your posts as most people in here.