Crumbs, attacking Ken's appearance is the most childish thing you have done on this thread.
Stick to a well formed argument please and stop the attacks on the way Ken looks.
Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 248. (Read 771288 times)
December 09, 2013, 09:04:08 AM
December 09, 2013, 06:36:54 AM
Just going to make a little prediction here - the products which shipped were probably Fast-Hash-80's which are the avalon clones.
If they are fast-hash-one's then all I would say is:
Ken, pictures of your products will increase sales. The barriers to entry are high enough not to worry about competition because everyone has to blaze their own trail here, and speed is key. You need as much revenue as soon as possible to get as many chips online and hashing in the quickest possible timeframe. Worrying about competitors will only do harm, not good.
The fastest way to accelerate right now, is to show picture of your products, and videos of them hashing. These things take an inexcusably small amount of time.
If what you shipped was Fast-Hash-80's then your announcement was disingenuous and you may have undermined your credibility. If what you shipped was fast-hash-one's then you should have made that abundantly clear with photos. Either way I'm not impressed with your attitude on IRC, in fact it's deplorable. I understand you need to worry about the SEC, but saying "it's a scam" on IRC could be considered to be the most damaging piece of insider trading or market manipulation you've ever disclosed.
You are also too paranoid about seeking help. If someone is an investor and is helping you, just lock their shares so they can't trade. I would have been happy to do that when I offered to help (although I won't go into detail so as not to facilitate further FUD).
In short you need to up your game, grow up a little (IRC tantrum), stop worrying about others (competitors/paranoia about helps/investors), be clear, comprehensive and accurate in your announcements, and focus on VMC/Active Mining. Get a PR person and let them interact with investors, it's not your strong suit.
If they are fast-hash-one's then all I would say is:
Ken, pictures of your products will increase sales. The barriers to entry are high enough not to worry about competition because everyone has to blaze their own trail here, and speed is key. You need as much revenue as soon as possible to get as many chips online and hashing in the quickest possible timeframe. Worrying about competitors will only do harm, not good.
The fastest way to accelerate right now, is to show picture of your products, and videos of them hashing. These things take an inexcusably small amount of time.
If what you shipped was Fast-Hash-80's then your announcement was disingenuous and you may have undermined your credibility. If what you shipped was fast-hash-one's then you should have made that abundantly clear with photos. Either way I'm not impressed with your attitude on IRC, in fact it's deplorable. I understand you need to worry about the SEC, but saying "it's a scam" on IRC could be considered to be the most damaging piece of insider trading or market manipulation you've ever disclosed.
You are also too paranoid about seeking help. If someone is an investor and is helping you, just lock their shares so they can't trade. I would have been happy to do that when I offered to help (although I won't go into detail so as not to facilitate further FUD).
In short you need to up your game, grow up a little (IRC tantrum), stop worrying about others (competitors/paranoia about helps/investors), be clear, comprehensive and accurate in your announcements, and focus on VMC/Active Mining. Get a PR person and let them interact with investors, it's not your strong suit.
December 09, 2013, 02:44:37 AM
VE: share reclamation website should be up in this week. I still don't understand why we needed the extra security as opposed to just having the shares assigned to the same e-mail address at c-t, but whatever.
what does the share reclamation site have to do with starting up crypto-trade though. Crypto-trade would be share reclamation.
Well that is what I thought, simply send the shares based on email to the CT and they allocate to the user accounts with those email addresses.
December 09, 2013, 02:37:00 AM
VE: share reclamation website should be up in this week. I still don't understand why we needed the extra security as opposed to just having the shares assigned to the same e-mail address at c-t, but whatever.
what does the share reclamation site have to do with starting up crypto-trade though. Crypto-trade would be share reclamation.
December 09, 2013, 02:36:53 AM
It's possible that he will never follow through with listing these shares on crypto-trade.
Just pointing that out..
He would have done it by now if he was actually going to. Crypto-trade is waiting on him.
Just pointing that out..
He would have done it by now if he was actually going to. Crypto-trade is waiting on him.
We know it's all on Ken now, I made a mention of that in my thread too.
Ken claims that the transfer is very time consuming and it sounds like he is building an automated system to handle the allocation of shares.
December 09, 2013, 02:30:36 AM
VE: share reclamation website should be up in this week. I still don't understand why we needed the extra security as opposed to just having the shares assigned to the same e-mail address at c-t, but whatever.
December 09, 2013, 02:20:13 AM
I had a short chat with Ken last night and I sent him very simple instructions how to fix his accounting nightmare he has created for Actm.
Hopefully he understands why BTC must not be treated as a foreign currency in this case.
And yes, I am not going to argue over this - is BTC a currency or not.
Lets see, how this works out.
Hopefully he understands why BTC must not be treated as a foreign currency in this case.
And yes, I am not going to argue over this - is BTC a currency or not.
Lets see, how this works out.
December 09, 2013, 02:17:09 AM
It's possible that he will never follow through with listing these shares on crypto-trade.
Just pointing that out..
He would have done it by now if he was actually going to. Crypto-trade is waiting on him.
Just pointing that out..
He would have done it by now if he was actually going to. Crypto-trade is waiting on him.
December 09, 2013, 02:14:00 AM
....
I just pictured me as a fat alcoholic, with multiple cats, peeingd myself 
BRB, pants.
*SRSLY VE, just imaginehim me in the pic next to that towtruck-graphic VMC sign. Now imagine "hadda holda hith baaallths!"
BRB, pants.
*SRSLY VE, just imagine
FTFY. No thank you.
I have crumbs on ignore because this is where this urine smelling cat owner and a forum troll belongs.
Sometime, just for fun, I glance at his crap he writes. Guess what, he manages to make himself in to a more pathetic loser every single time.
December 09, 2013, 01:22:30 AM
Don't sell you shares to this man boys and girls.
I'm not convinced he wants to buy in.
I think he just wants to gloat. prick.
December 09, 2013, 01:14:46 AM
Don't sell you shares to this man boys and girls.
December 09, 2013, 12:57:29 AM
Entropy, if you're going to fuck off soon then that's great, you've had your fun.
But if you a going to hang around until you've served your purpose, please have the decency to explain to everyone EXACTLY what that purpose is.
But if you a going to hang around until you've served your purpose, please have the decency to explain to everyone EXACTLY what that purpose is.
Read my posts and you will find a few dozen that clearly define my motives for posting.
December 09, 2013, 12:00:14 AM
Entropy, if you're going to fuck off soon then that's great, you've had your fun.
But if you a going to hang around until you've served your purpose, please have the decency to explain to everyone EXACTLY what that purpose is.
But if you a going to hang around until you've served your purpose, please have the decency to explain to everyone EXACTLY what that purpose is.
December 08, 2013, 11:33:21 PM
Can I ask something without being flamed on please?
Did this actually happen? Or did Ken sell all those IPO shares at 0.0025?
So Ken's big announcement is out, and his pump and dump is failing.
He needs to sell another 3 Million shares at 0.0025 to raise the money he is going to gift to VMC, his privately held company, for chip NRE. But Bitcoiners aren't buying a $25 Million dollar valuation for a $300k company. So the party is over for Ken right?
Wrong. Shortly he is going to hit all the bids on BTCT.co and Bitfunder so that he can give himself that million dollar gift.
How do I know? Well if you read his contracts, you would know too.
From the summary page on Bitfunder:
So expect Ken to start hitting bids, and keep hitting them all the way down to 0.0005 if that's what he needs to do. Because who wouldn't when every dollar they raise goes to benefit their company rather than the company they are selling the shares in?
He needs to sell another 3 Million shares at 0.0025 to raise the money he is going to gift to VMC, his privately held company, for chip NRE. But Bitcoiners aren't buying a $25 Million dollar valuation for a $300k company. So the party is over for Ken right?
Wrong. Shortly he is going to hit all the bids on BTCT.co and Bitfunder so that he can give himself that million dollar gift.
How do I know? Well if you read his contracts, you would know too.
From the summary page on Bitfunder:
Quote
Notes On The IPO:
As long as AMC does not sell it's shares below 0.0005 then they may do as they please with their shares. It is their company, their ownership, and their shares.
During the IPO, not all shares may be posted as an ASK.
As long as AMC does not sell it's shares below 0.0005 then they may do as they please with their shares. It is their company, their ownership, and their shares.
During the IPO, not all shares may be posted as an ASK.
So expect Ken to start hitting bids, and keep hitting them all the way down to 0.0005 if that's what he needs to do. Because who wouldn't when every dollar they raise goes to benefit their company rather than the company they are selling the shares in?
Did this actually happen? Or did Ken sell all those IPO shares at 0.0025?
December 08, 2013, 11:33:03 PM
Entropy, please link your company forum, I'd like to take a look if that's alright?
What company did you say you were from again?
What company did you say you were from again?
December 08, 2013, 11:31:31 PM
Entropy, you have been away for a long time and now you are back.
It's obvious the reason for that is you want back in. So don't be a twat about it and just buy your shares for the best price you can. There's no need for these shenanigans as you are so transparent about your intent.
It's obvious the reason for that is you want back in. So don't be a twat about it and just buy your shares for the best price you can. There's no need for these shenanigans as you are so transparent about your intent.
Most probably entropy's order on CT:
Price/AMC Amount AMC Total BTC
0.0000001 10000000 BTC1
December 08, 2013, 11:31:23 PM
Entropy, you have been away for a long time and now you are back.
It's obvious the reason for that is you want back in. So don't be a twat about it and just buy your shares for the best price you can. There's no need for these shenanigans as you are so transparent about your intent.
It's obvious the reason for that is you want back in. So don't be a twat about it and just buy your shares for the best price you can. There's no need for these shenanigans as you are so transparent about your intent.
I have never owned a share of this mess and never will.
As Ken will tell you, I am his competitor, a miner. A miner who has always held more than double AMC's hashrate and always will. It amazes me that rubes would value that amount of hardware at the insane market cap Ken issued these shares at.
You have made your opinions known, not that anyone asked you for them.
Now unless you have anything useful to add, kindly fuck off.
Why don't you go troll a different thread where you also don't have an investment or interest.
I hear IceDrill has been awful quiet of late...
December 08, 2013, 11:18:53 PM
It's sickening.
December 08, 2013, 11:16:47 PM
Entropy, you have been away for a long time and now you are back.
It's obvious the reason for that is you want back in. So don't be a twat about it and just buy your shares for the best price you can. There's no need for these shenanigans as you are so transparent about your intent.
It's obvious the reason for that is you want back in. So don't be a twat about it and just buy your shares for the best price you can. There's no need for these shenanigans as you are so transparent about your intent.
December 08, 2013, 11:09:34 PM
2. The pirateat40 path: The SEC prosecutes Ken for securities fraud and siezes all assets. I see Ken has already acknowledged that the SEC is investigating him, so it might not be long before this one comes into play.
Woh woh woh, where does one reach this conclusion?
1. Ken was issuing illegal securites via BTCT and Bitfunder.
2. BTCT and Bitfunder shut down due to their potential legal liabilities
3. Ken acknowledges that Ukyo informed him that the SEC had specifically inquired regarding AMC
4. Bitfunder's assets are suddenly unavailable
4 a) the only explanation that doesn't involve a ripoff is that those assets have been seized by a legal authority
It's hardly a wild leap to conclude that there is a significant chance that the SEC investigation into Ken will lead to charges and asset seizure.
Who the fuck are you? We need new troll FUD? Go away.
Who the hell are you?
I'm hardly new. I've been warning people not to lose money on this mess from the original IPO. You should have listened.
https://bitcointalk.org/index.php?topic=245713.0;all
No no really, just go ahead and fuck right back off into the hole you climbed out of you unscrupulous manipulative little worm.
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