Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 278. (Read 771288 times)

Blah blah blah drawingthefud, when are you going to take your bi-polar medicine?

In other news, ActM is listed at https://www.crypto-trade.com/ under "waiting securities".

The fact that our inferior chip 16GH/s has taken longer than KNC is disgusting.


Yes, the main selling point was the fast turnaround.


No point in suing the get the money back, at this point we need about $40,000,000 to get most shareholders a return. Now Bitcoin is $1,000 the $1,000,000 we paid is so small (It represents 0.0001 a share)

wasn't fast turn around ken's main selling point to the investors??!?!  what happened ken?!?

Yes - i believe we have taken longer than KnC took to get their full custom 156GH/s chip. Very disappointing because the 'fast turnaround' was the biggest selling point for using eASIC. The lower NRE was a close second.

maybe we should sue eASIC and get our money back . I believe eASIC treated AMC as a small low priority customer so any problem on other major projects mean a delay for AMC's chip.  

btw ken is doing a good great job at keeping the silence going !!! gotta say  Amazing company

I think we were all misled, I said this a long time ago; that fast turnaround is a term applied to a traditionally slow sector, but not for Bitcoin.

Sure, eASIC might be fast creating chips for a HDD manufacture, but those timescales are years in the world of Bitcoin. Obviously eASIC is a dinosaur when it comes to Bitcoin timescales and we have all lost because of it. Even when we get our hashrate online, the maximum we can imagine is about 100TH/s, this will be in several months when 200-300TH/s is barely a percent of the network.

EDIT: I now believe our chip has taken longer than a full custom chip. I am not sure what is going on with eASIC but they are seriously slow.

Thanks wasubii, that was a great post. 

not sure if he was being sarcastic about it     so much for eASIC fast turn around bull crap we got fed !!! 

Umm... No its KNC Shipping the November orders.

The divs have not increased at all. https://blockchain.info/charts/balance?timespan=30days&showDataPoints=true&daysAverageString=1&show_header=true&scale=0&address=1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa

Yes, I agree with you mostly. I see it like this:

Beginning period: High risk but with good prospects for a high reward:
The deal with eASIC was supposed to give us a below average chip (compared to full custom) at a lower price ($1m instead of $4-5m) in a very fast time, which would allow us to establish ourselves and sort out our PCB, cooling and power supply issues. It would give us an income with which to pursue a better, 2nd gen chip. We had a rough timescale from eASIC and there was a lot of excitement over ActM. During this period the shares went to 0.007+

Middle period: Lower risk as people think ActM is less and less a scam, and everything is in order, just waiting for news from eASIC on the chips. Problems with share exchanges and avalon chips keep us all occupied while we wait for news on the chips.

Current period: High risk again with diminishing prospects of a high reward in an increasingly competitive mining environment. The shareholder morale is at a low point and this is mainly due to us not hashing with any eASIC chips, not seeing any chips for the immediate future and not having enough information from Ken on when the chips will be finished (or what their final performance specs will be). It is looking more an more like we paid a low amount from an under-par chip with a longer delivery than a typical full-custom (look how quickly KnC got their 156GH/s full custom chip! shits all over our 16Gh/s non-existent chip). So the only benefit from using eASIC is the lower NRE and perhaps a faster turnaround for new chip orders.

I think once we are back trading there will be a big upswing in the share price to around 0.002 as new money enters the market and newbies with no experience and big ideas of retiring on mining divs push the demand up. The price would go higher if less people wanted to GTFO of their share position or if there was a decent announcement from Ken with some real information and dates.

Personally, I made my bet and I'm going to see it through to the end - be it boom or be it bust. I've always had a high appetite for risk and i haven't bet the house or anything stupid. Of course if the trolls win and mass dumping of shares occurs when we start trading, then i wouldn't rule out doubling down! My jupiter is still kicking out BTC1 every 52 hours or so and ROI was achieved a while back - so I've got BTC available to pull the trigger if the right opportunity arrises.

My two satoshis for you zumzero

I will PM Ken about being allowed to transfer smaller amount of shares. Ken now has to honour us because he failed the simple task that a 12 year old could do; list on an exchange.

DTS that's a good price, but the fact is forking over the equivalent of a Ferrari in bitcoin is a tough psychological task.  Break it up into smaller chunks.

I now offer all my shares for 171.6 Bitcoin

A per share price of 0.0015

Please PM

Let the race to bottom begin.

Also if anyone is really confident in Active, 0.0015 is surely cheap. Like they say, I will get 0 offers because money talks and no one here has any faith left. Even the cheerleaders will vomit at a 0.0015 price as being too expensive, just shows the cheerleaders are all talk and no action!

EDIT: I am not sure if I am allowed to offer smaller amounts of shares,, I think Ken is too "busy". I will PM Ken again about being allowed to trade smaller amounts because he can't block us from trading, it's not fair he could of had us on an exchange ages ago.

I wish I had the discipline to magically forget that this site even exists.  I cannot help but check it throughout the day, but it is never a positive experience.

I wish the next time I heard of ActiveMining, it's via a plump dividend directly into my wallet.  

Or the notice that the shares are going for 0.01 on Crypto-Trade

I hope so buddy. We all do.

Hummm....

Interesting indeed.

My hope ... ditch even thinking about getting on CryptoTrade which looks small time and there is no volume AT ALL.

And list on Havelock instead which seems to be the biggest and most professional at the moment.

There is no way CryptoTrade is the best exchange for shareholders interests

Anyone want my shares for 0.001747 per share?

114,425 for 200 bitcoin.

I always knew we were waiting on Ken for listing on CT, however I had no idea that he has not even begun to set it up. By the sounds of this they are not even aware he wants to list!

Ken please list us, we need a chance to trade.

> When will you list Activemining?
>
>
> 3rd Dec,2013 05:22:05 am
>
 
Hello,
 
Thank you for contacting us.
 
The only people able to list activemining on crypto trade is the issuer of
activemining himself
 
We'll be happy to welcome them if they decide to list here.
 
Regards, Carlos.


.........................


Looks like the ball has been in Kens court the whole time.  They are waiting on him.


and he keeps deleting this message of course