[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 281.

granitemouse

newbie

Activity: 45

Merit: 0

Quote from: ?? on ??

Quote from: granitemouse on December 04, 2013, 11:56:48 AM

Quote from: ?? on ??

Quote from: drawingthesun on December 04, 2013, 11:20:02 AM

Quote from: karsy on December 04, 2013, 11:14:15 AM

Is anyone going to sell for less than 0.0025 when crypto trade is up?

0.002 * 114,425 = 228.85 = $273,600 aud = 10 times my income.

Yes, I doubt I will be able to hold if the price gets anywhere near 0.002, even though I once hoped for 0.02.

Way to keep the price down, champ.. now everybody is expecting a dump of over 100,000 shares around .002

I'll be dumping mine at .0001

How many shares do you have still? 50,000? I would buy your shares at .0001 today if Ken could guarantee that they will be transferred to me.

I might just give them to you for free.. we'll keep in touch

That works too.

Jasun7211

sr. member

Activity: 517

Merit: 250

Let the market decide. Theres a growing pool of investors growing everyday finding out that there are stocks to be had in the BTC world. Who really knows. the best measuring stick we have is whats on crypto stocks and you guys are throwing aimless numbers that arn't even clost to that. Its really funny to watch. I would love some cheap shares, so dump away, because we all know what will happen when cooler heads prevail.

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: ?? on ??

Quote from: granitemouse on December 04, 2013, 11:56:48 AM

Quote from: ?? on ??

Quote from: drawingthesun on December 04, 2013, 11:20:02 AM

Quote from: karsy on December 04, 2013, 11:14:15 AM

Is anyone going to sell for less than 0.0025 when crypto trade is up?

0.002 * 114,425 = 228.85 = $273,600 aud = 10 times my income.

Yes, I doubt I will be able to hold if the price gets anywhere near 0.002, even though I once hoped for 0.02.

Way to keep the price down, champ.. now everybody is expecting a dump of over 100,000 shares around .002

I'll be dumping mine at .0001

How many shares do you have still? 50,000? I would buy your shares at .0001 today if Ken could guarantee that they will be transferred to me.

I might just give them to you for free.. we'll keep in touch

You probably should try to balance out some karma and pay us to take your shares. I'll go no less than 0.0001 per share from you.

granitemouse

newbie

Activity: 45

Merit: 0

Quote from: ?? on ??

Quote from: drawingthesun on December 04, 2013, 11:20:02 AM

Quote from: karsy on December 04, 2013, 11:14:15 AM

Is anyone going to sell for less than 0.0025 when crypto trade is up?

0.002 * 114,425 = 228.85 = $273,600 aud = 10 times my income.

Yes, I doubt I will be able to hold if the price gets anywhere near 0.002, even though I once hoped for 0.02.

Way to keep the price down, champ.. now everybody is expecting a dump of over 100,000 shares around .002

I'll be dumping mine at .0001

How many shares do you have still? 50,000? I would buy your shares at .0001 today if Ken could guarantee that they will be transferred to me.

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: Vigil on December 04, 2013, 11:37:14 AM

Also, looks like Difficulty is starting to level off a bit.

24% rise currently

HashFast is testing their chip so next difficulty they will be shipping.

Monarchs should also be shipping either next difficulty or the one after.

What does your "level off" look like?

st4nl3y

legendary

Activity: 1050

Merit: 1000

lol saying that someone will sell their shares for .2 or not sell lower than 0.00002 is like splitting the bank robbery money between 4 guys before even actually robbing a bank

Vigil

sr. member

Activity: 378

Merit: 250

I'm not selling... I'm all in regardless. I believe that Ken will get this working even if it doesn't meet all the glorious initial expectations. If it gets in the vicinity of .02, I may sell.

Also, looks like Difficulty is starting to level off a bit.

karsy

full member

Activity: 383

Merit: 100

Quote from: JoTheKhan on December 04, 2013, 11:21:03 AM

Quote from: drawingthesun on December 04, 2013, 11:20:02 AM

Quote from: karsy on December 04, 2013, 11:14:15 AM

Is anyone going to sell for less than 0.0025 when crypto trade is up?

0.002 * 114,425 = 228.85 = $273,600 aud = 10 times my income.

Yes, I doubt I will be able to hold if the price gets anywhere near 0.002, even though I once hoped for 0.02.

Anything less than .002 and I think I'm buying more. Hoping for below .001 or above .004

I am kinda thinking the same thing. Sorry if someone here don't like price speculation in this thread.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

At a push, and if I needed some quick cash, I would maybe sell 1000 shares at the price that gives me 5 btc and no less.

When you are able to get 10 btc for those shares, there will be lot's of unhappy campers who bailed.

JoTheKhan

sr. member

Activity: 378

Merit: 250

Quote from: drawingthesun on December 04, 2013, 11:20:02 AM

Quote from: karsy on December 04, 2013, 11:14:15 AM

Is anyone going to sell for less than 0.0025 when crypto trade is up?

0.002 * 114,425 = 228.85 = $273,600 aud = 10 times my income.

Yes, I doubt I will be able to hold if the price gets anywhere near 0.002, even though I once hoped for 0.02.

Anything less than .002 and I think I'm buying more. Hoping for below .001 or above .004

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: karsy on December 04, 2013, 11:14:15 AM

Is anyone going to sell for less than 0.0025 when crypto trade is up?

0.002 * 114,425 = 228.85 = $273,600 aud = 10 times my income.

Yes, I doubt I will be able to hold if the price gets anywhere near 0.002, even though I once hoped for 0.02.

Nootnewbie

member

Activity: 63

Merit: 10

Quote from: karsy on December 04, 2013, 11:14:15 AM

Is anyone going to sell for less than 0.0025 when crypto trade is up?

Crypto trade just made 2FA today, maybe as a response to actm being listed soon?

karsy

full member

Activity: 383

Merit: 100

Is anyone going to sell for less than 0.0025 when crypto trade is up?

JoTheKhan

sr. member

Activity: 378

Merit: 250

When do you guys think is the next time we will hear from Ken containing substantial news, are these announcements on every 15th & 30th?

LorenzoMoney

sr. member

Activity: 335

Merit: 250

Volanic:

You know very well that I believe in the future of Active Mining and that Ken will make many people millionaires once he completes the chips and gets them on boards and gets them all running.

Some of us need money now. Yes, I wish I could wait until that glorious day when ActM shares are openly and publicly traded and when dividends are flowing, but this boy has certain financial obligations which require his unfortunate liquidating some of his ActM holdings. So, unless you are interested in buying a lots of 20K shares from me, please be respectful of the capitalistic, profit making, commercial actions of others.

Quote from: ?? on ??

lol wtf lorenzo..

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

Quote from: drawingthesun on December 04, 2013, 09:43:40 AM

Quote from: st4nl3y on December 04, 2013, 09:32:13 AM

I am worried this might be the end guys, we will probably never hear from "ken" again. Hes busy right? ok but he still has time to login everyday? I hope I'm wrong but for now this is looking very bad and don't forget that most of us if not all rightfully gave back "tendered" all our shares back to him and in return we got what? promises and excuses? shit.. I just hope I am wrong..

I hope you and I are wrong, and ActiveMining does come out with chips and the shareprice recovers. I wish Ken would say something.

Boy, this is gonna make some tag team.

LorenzoMoney

sr. member

Activity: 335

Merit: 250

Someone contacted me about purchasing some of my shares.

All sales offers will be anonymous until sales contracts are signed by both parties.

The offer was for a partial number of the shares being offered.

Here is my response to the offer and in addition, this is an offer to anyone else who is interested in buying lots of 20,000 shares from me.

--------------------------------------------------
Thank you for your kind offer of buying 13800 shares.
The only sized lot that if being offered is 69000 shares.
Nothing smaller. (Note: since writing that, I have decided that I will sell lots of 20K shares at a price of 0.0016 per share.)
The only accepted price for that lot of 69000 shares is 100 bitcoin.
Ken is not able to actually implement any trades.
The escrow person whom I would trust would be Kleeck. If there is someone else whom you would prefer, please suggest him or her and we can talk about it.

The way I propose doing this is you and I talk to Kleeck. Kleeck is generally well known on the irc channel and on the thread as level headed and sober and balanced. You and I write up a formal contract. We both sign the contract using our public bitcoin addresses. We then create a thread on Bitcointalk where we post the sales contract and the bitcoin verification hashes of the contract.

By doing that, it makes our trade public and forces me to uphold my end of things. You send me the bitcoin and the moment there is a public exchange, Kleeck monitors that I transfer the shares to you.

In our contract, we put terms together for what happens if Ken never opens an exchange, if ActM totally fails and if I fail to follow my end of the agreement. I will privately provide you with all my personal contact information so that you have a means of addressing any legal satisfaction should you feel that I have not upheld my end of the deal. If you send me the bitcoin, I will be totally transparent to you so that you will be able to identify me and be able to take me to court. On transfer of the shares, I will ask you to use bitcoin to sign a release saying that you are satisfied with the transaction. I will also ask that we both sign a bill of sale in hard copy and fax it to each other or send it in PDF.

Also, I will ask that a small fee be paid to Kleeck, by both of us, to be agreed to in the sales contract for his escrow services to be paid upon completion of the sale. Really, the seller, me, should pay the escrow, but by us both paying, it insures that the escrow will be unbiased.

Since there is a possibility that Ken and ActM might fail, that has to be written into our sales contract. There also is the possibility that the price of ActM shares will go up should an Ken get the shares to an exchange, so the contract should obligate me to transfer the shares to you regardless of what the value is after you send me the bitcoin. The way to guarantee that and reduce your risk is for me to sign a contract that would be binding in the courts of law in both the US state where I live and the place where you live.

I would consider small lots than 69000, but only at a higher per price share than 0.001449275
per share.

JoTheKhan

sr. member

Activity: 378

Merit: 250

Well it seems that if someone posts misinformation there are enough people on the forum that seem to know what they are talking about to correct said misinformation. I think everyone here takes what everyone else says with a grain of salt.

coinfresh

member

Activity: 88

Merit: 10

Quote from: JoTheKhan on December 04, 2013, 10:00:25 AM

This is how people start to troll the forums. Please refute what he has to say, verify what he as to say with your own information, or don't respond at all. Nothing he has said today to me seems to warrant a snark reply. (Now what if he replies with a insulting remark back to you? Then back and forth we go for three or four more pages like usual).

Sorry you took it that way. The intent of my post was to suggest that crumbs is a known troll, that is known to spread FUD over and over again. Why should anyone take anything he has to say seriously? That is all.

JoTheKhan

sr. member

Activity: 378

Merit: 250

Quote from: coinfresh on December 04, 2013, 09:55:03 AM

Quote from: ?? on ??

Quote from: JoTheKhan on December 04, 2013, 09:39:27 AM

But before you can update a BIOS, the updated BIOS has to be coded right?

But the BIOS has nothing to do with the ASIC itself -- think of it (ASIC) as the CPU on your motherboard. Flashing the bios doesn't involve sending the CPU back to intel.

Thank god we have crumbs here, the resident ASIC expert to look out for our best interests.

/sarcasm

This is how people start to troll the forums. Please refute what he has to say, verify what he as to say with your own information, or don't respond at all. Nothing he has said today to me seems to warrant a snark reply. (Now what if he replies with a insulting remark back to you? Then back and forth we go for three or four more pages like usual).

From what I am reading from you guys, the TH we gained in November were prototypes and they have found a way to make them better, which is going to cause delays as the chips themselves need to be modified (EDIT:) Before we start mass production?

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 281. (Read 771288 times)