Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 90. (Read 479317 times)

damnit.. I was going to get my transfer initiated

oh well, hope the FUD keeps on going so that more speculators dump

Sorry, wut?

Like AM-PT down 50% over the same period? lol yes.

No it means there is no sell off, that's the point I'm making. Read it again - a bit slower.

Lolz.  That means all of the other stocks, the ones that are *not* tanking, are doing AWESOME!  
Active Miner was funded in BTC.  Its BTC value is tanking.  What part does the dollar value of BTC play here?

done.

This is my last post till after the weekend as this is literally a trollfest. And paid for by the opposition it seems.

At the beginning of August btc was approx 100USD and ACtM shares were at .0050 (BF) giving a market cap (on 25mill shares) of 125,000 btc or 12.5Mill USD.
Today at the beginning of Sep btc is approx 145 and ACtM shares are at 0.0035 giving a market cap of 87,500 btc or 12.7MIll USD.

So there is no sell off, the equity value remains static. This is how free markets operate. If you look at the share price and ignore underlying value (ie btc) you are an idiot. Or a troll.

If LC was as profitable as AM, each share would be worth 0.1 BTC if AM shares were valued at 2.5 BTC. 0.01 BTC represents 10% of the profitability of AM at 2.5 BTC. That's about 4/5 Th/s. Labcoin will have 3/4 Th/s with a further 50 Th/s incoming in October. Getting the mining operation up and running will also squash fears about Labcoin being a scam. Then factor in that the 65nm chip has also been under development for a while now.

Looking at expected dividends from mining in 2 weeks from now, 3/4 Th/s will represent a minimum of 0.5% of the network hash rate.

0.5% of the network hash rate
BTC/Round = 252 BTC
30% Reinvestment = 75.6 BTC
70% Dividends = 176.4 BTC
Dividends/Round = 0.00001764 BTC

If LC shares are worth 0.01 BTC and AM shares are worth 2.5 BTC, then you can get 250 LC shares for 1 AM share. The dividends from those 250 shares would give 0.00441 BTC per round. A round will be shorter than 2 weeks though if the network is growing, and will likely be between 10 and 14 days, therefore LC would provide between 0.002205 BTC and 0.003087 BTC in dividends per week. AM's last weekly dividends was 0.01239987 BTC. LC would provide between 18% and 25% of what AM's current dividends are.

So, if 0.01 BTC represents 10% of the profitability of AM at 2.5 BTC per share and LC is providing 18% to 25% of what AM's dividends are, then clearly LC is under priced compared to AM and LC should be worth between about 0.018 BTC and 0.025 BTC.

Labcoin is doing really well.  They shored up their price by posting a picture of a chip.  Maybe Ken will do something similar?
Nah...  As the advisory board succinctly pointed out, he doesn't care what his stock does -- he already got ur coins.

No cheerleading here. It's a comment about a specific short-term trading strategy taking into account traded Volume which was ignored by the OP. If you trade short term, Volume and liquidity are crucial factors more so than price. If you ignore these you are in for a dose of humble pie. I have advised it's going to fail even without news due to the hard facts about the current situation of the stock. No cheerleading, this is news or not.

The price is going down too fast, i guess someone is going to buy-all.

Party on, Active Miners!

I agree but you're saying like 0.01 Labcoin is set in stone. Not arguing with you but where do you get this confidence from?

That just means you should act now before someone else does and sends the price crashing down.

Look at it like this though. If you have 100 ActM shares and sell them for 0.002 BTC, you'll have 0.2 BTC. That'll get you 50 Labcoin shares at 0.004 BTC. If you sell those Labcoin shares for 0.01 BTC in 2 weeks, you'd have 0.50 BTC. You could rebuy 100 ActM shares at 0.0050 BTC without taking a loss. If you rebought ActM at 0.0025, you could buy 200 shares.

Nice cheer leading attempt. This all sounds fine but only! when there will be good news.

So far, every chip (FPGA, ASIC) project has managed to overestimate their abilities and failed at every delivery dates promised. "In two weeks" has become a joke around here.
Is Actm an exception?
No wonder, they are scared to publish project plans /road maps with dates.
BTW, professionals are usually not afraid of that because hiding under the bed will not fix the situation.

Correct. As I've pointed out twice in the past few days these price moves are on very low volume. 10k sale is moving price a long way down - and the reverse will be true. So when people try to get back in (even before news) they will be in for a surprise. Any money you might make in Labcoin will be taken back off you by ACtM sellers when you try to get back in. lol I'll say thanks in advance on their behalf.

I could totally see them waiting till they have a fully working piece of hardware. Seems very Apple-esk to keep everything super secretive until the theatrical revealing of the new product.

I was told, that NDA is available here: http://axs.net/AMC/eAsic-NDA0001.jpg

....
The confidential information to be disclosed under this agreement is described as follows: XXXXXXX XXXXXXX XXXXXXX XX  XX  XX XXXXX XX
...

For the people planning on selling their Labcoin shares to jump back into ActM when things pick up: I'm not sure there is actually enough people selling to get in low. If there was a sudden shift in momentum it's only like one or two bigger orders back to .006 - .007 for the most part. Good luck though!

Is it not also the case that even if people wanted to sell ActM for bitcoin, they couldn't due to the fact that they would quickly push the price below an acceptable selling level.

The way I see it the question here is not if the NDA will succeed and ATCM will deliver in the near future. You (we) can bet on this and stay-in but the movement that is happening right now is that ACTM will probably tank until NDA is lifted. It's all about these news related movements. Meanwhile while this is happening there are other options which will deliver sooner than ACTM and people will rush/have rushed into that. So Mabsark isn't off here.

Question is how long will it take for eAsic and ACTM to seal the deal and how fast can we get back on board. I guess it's pretty sure to say it won't happen at least for couple of days, after that I have no idea...