I used to pray for Ken to hire a pro PR guy to run things on here but what a waste of fucking money that would have been, paying a pro to argue the toss with a bunch of wankers and Trolls.
This thread is a total waste of fucking time for most of us and for Ken too. He's got a business to run and I would advise him not to come back here for a month.
He certainly doesn't need any shitty advice from Trolls on here.
Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 289. (Read 771288 times)
December 03, 2013, 09:47:31 AM
December 03, 2013, 09:47:03 AM
https://bitcointalksearch.org/topic/m.3782916
Quote
Shipping:
We have this last week shipped our first products to customers.
We have this last week shipped our first products to customers.
I know, would be nice if they posted on here after receiving. Be nice to see how they're doing.
I wouldn't be surprised if these "customers" are members of his own family. I can't see why he would let ordinary customers have the first machines that are capable of generating 10x ROI (Yes, 10x because Bitcoin went up 10x).
This is perhaps true. I would also include all of Ken's business contacts as well as those who were able to purchase the moment the site went live.
December 03, 2013, 09:44:58 AM
https://bitcointalksearch.org/topic/m.3782916
Quote
Shipping:
We have this last week shipped our first products to customers.
We have this last week shipped our first products to customers.
I know, would be nice if they posted on here after receiving. Be nice to see how they're doing.
Ken will have placed them under NDA so don't expect a post in this thread.
It's only a matter of time until we will be able to read a thread for ActM customers. That will give us all a great insight as to how things are going.
December 03, 2013, 09:43:47 AM
https://bitcointalksearch.org/topic/m.3782916
Quote
Shipping:
We have this last week shipped our first products to customers.
We have this last week shipped our first products to customers.
I know, would be nice if they posted on here after receiving. Be nice to see how they're doing.
I wouldn't be surprised if these "customers" are members of his own family. I can't see why he would let ordinary customers have the first machines that are capable of generating 10x ROI (Yes, 10x because Bitcoin went up 10x).
December 03, 2013, 09:40:27 AM
https://bitcointalksearch.org/topic/m.3782916
Quote
Shipping:
We have this last week shipped our first products to customers.
We have this last week shipped our first products to customers.
I know, would be nice if they posted on here after receiving. Be nice to see how they're doing.
December 03, 2013, 09:38:21 AM
https://bitcointalksearch.org/topic/m.3782916
Quote
Shipping:
We have this last week shipped our first products to customers.
We have this last week shipped our first products to customers.
December 03, 2013, 09:37:59 AM
Customers are saying that they are being told to wait 2-3 months. Either they are lying or we are going to be months behind. Have some skepticism please.
While it may be true,
When some random comes on the thread and says "A Friend told me we were going to be 2-3 months late" I take it with a grain of salt.
If there was a way to get verifiable information then we can all go nuts but until then it is just hearsay.
If this "friend" is known as VMC, then I would say that's a pretty credible source:
"Pre-Order Terms: This is a pre-order. 28nm ASIC products are shipped according to placement in the order queue, and delivery may take 3 months or more after order."
December 03, 2013, 09:37:12 AM
Refunds are cheaper than lawsuits.
1) Refunds could make us bankrupt overnight.
2) There ARE NO law suits you dumb fucker.
The only upside is we are refunding in FIAT the value in FIAT. So as long as the price of BTC has gone up since they bought the item and Ken has kept money in BTC then we will make money on refunds. But with the recent drop from $1200/BTC, anyone who has bought when BTC was this price will get a refund worth more BTC than what they paid, causing us to lose money.
December 03, 2013, 09:35:32 AM
Way I see it things are going one of two ways.
a) We are doing poorly and are expected to in the near term and Ken doesn't want to talk about it.
b) Ken is so confident in the profitability of this company (for shareholders and/or himself) that he feels it unnecessary to bother replying and instead feels that results will speak for themselves, ends justifies the means and all that. Or in the negative option; that he will be rich and it doesn't matter.
People make dumb decisions when it comes to money. We are wired to make these mistakes and it's up to us to notice when we do, admit it and correct them.
a) We are doing poorly and are expected to in the near term and Ken doesn't want to talk about it.
b) Ken is so confident in the profitability of this company (for shareholders and/or himself) that he feels it unnecessary to bother replying and instead feels that results will speak for themselves, ends justifies the means and all that. Or in the negative option; that he will be rich and it doesn't matter.
People make dumb decisions when it comes to money. We are wired to make these mistakes and it's up to us to notice when we do, admit it and correct them.
These are the exact two thoughts I keep having. I personally am leaning towards b. I doubt Ken would be working on something called Intelihash if he didn't think it would pay off. I doubt he would still be taking preorders if he didn't think he would be able to ship before they no longer meet ROI as this will cause refunds. He stated that we are behind, we all know this. He just needs to tell us how far behind. It's not like it's going to make the investors feel any worse than we already feel, right now we are walking blind and he needs to clear the air and elaborate on specific dates for us. Otherwise we could be arguing about stuff that has already been taken care of.
Ken for the love of god please come on here for 30 Minutes and elaborate on our mining situation. When will we start mining?
December 03, 2013, 09:35:11 AM
Refunds are cheaper than lawsuits.
1) Refunds could make us bankrupt overnight.
2) There ARE NO law suits you dumb fucker.
December 03, 2013, 09:33:03 AM
Like I said, if Ken allowed I can prove ownership of over 100,000 shares. I would prefer refunds than our company being sued by angry customers.
So you want Ken to pay back a flood of refunds. Have you any idea how that might effect our cash-flow? I haven't but I don't imagine it would be good for your shares. You stupid dumb fucker.
Research legal liability please. Refunds are cheaper than lawsuits.
December 03, 2013, 09:31:56 AM
Like I said, if Ken allowed I can prove ownership of over 100,000 shares. I would prefer refunds than our company being sued by angry customers.
So you want Ken to pay back a flood of refunds. Have you any idea how that might effect our cash-flow? I haven't but I don't imagine it would be good for your shares. You stupid dumb fucker.
December 03, 2013, 09:29:47 AM
This isn't terrible news but it definitely wasn't good either so we're basically back right where we started before the announcement.
Enjoy the Ride™
Enjoy the Ride™
Before the announcement I expected the announcement to be a decent amount of shipped product or a huge amount of mining going online. Now I feel we are worse off than before that announcement.
December 03, 2013, 09:28:37 AM
Way I see it things are going one of two ways.
a) We are doing poorly and are expected to in the near term and Ken doesn't want to talk about it.
b) Ken is so confident in the profitability of this company (for shareholders and/or himself) that he feels it unnecessary to bother replying and instead feels that results will speak for themselves, ends justifies the means and all that. Or in the negative option; that he will be rich and it doesn't matter.
People make dumb decisions when it comes to money. We are wired to make these mistakes and it's up to us to notice when we do, admit it and correct them.
a) We are doing poorly and are expected to in the near term and Ken doesn't want to talk about it.
b) Ken is so confident in the profitability of this company (for shareholders and/or himself) that he feels it unnecessary to bother replying and instead feels that results will speak for themselves, ends justifies the means and all that. Or in the negative option; that he will be rich and it doesn't matter.
People make dumb decisions when it comes to money. We are wired to make these mistakes and it's up to us to notice when we do, admit it and correct them.
December 03, 2013, 09:28:06 AM
So DTS is telling customers to ask for refunds! Can you believe that. How could he be a shareholder when he is trying to piss our profits away by telling customers to get refunds?
Like I said, if Ken allowed I can prove ownership of over 100,000 shares. I would prefer refunds than our company being sued by angry customers.
December 03, 2013, 09:26:27 AM
Where is your vision man!!?
I was optimistic, but we paid $1,000,000 for an eASIC chip, not the $3,000,000 - $5,000,000 sums our competitors have paid for the more advanced chips. So I was optimistic we could get the eASIC chips by Novembers end and start hashing. I hoped if we grew the hashrate enough we could spend millions on more advanced chips and become a long term name in Bitcoin mining.
This was my dream, to own a small piece of that pie.
The curveball Ken threw about the delays has now called into question my model and calculations. Also the ambiguous "intellihash" has me very concerned. You could argue Ken did not communicate this technology very well, but he must have known it's implied meaning is not possible.
December 03, 2013, 09:24:47 AM
Customers are saying that they are being told to wait 2-3 months. Either they are lying or we are going to be months behind. Have some skepticism please.
While it may be true,
When some random comes on the thread and says "A Friend told me we were going to be 2-3 months late" I take it with a grain of salt.
If there was a way to get verifiable information then we can all go nuts but until then it is just hearsay.
Come on Bar, you're not an idiot. Ken frequents this thread all the time and could have disputed any such claims and restore confidence, yet Ken lets this hearsay spread.
He doesn't give news of any kind one way or the other so you cannot play that card. I honestly have no idea what Ken plans on doing at this point as his November announcement was all fluff and delay tactics with a hint of disappointment.
This isn't terrible news but it definitely wasn't good either so we're basically back right where we started before the announcement.
Enjoy the Ride™
December 03, 2013, 09:21:54 AM
So DTS is telling customers to ask for refunds! Can you believe that. How could he be a shareholder when he is trying to piss our profits away by telling customers to get refunds?
December 03, 2013, 09:20:06 AM
Customers are saying that they are being told to wait 2-3 months. Either they are lying or we are going to be months behind. Have some skepticism please.
While it may be true,
When some random comes on the thread and says "A Friend told me we were going to be 2-3 months late" I take it with a grain of salt.
If there was a way to get verifiable information then we can all go nuts but until then it is just hearsay.
Come on Bar, you're not an idiot. Ken frequents this thread all the time and could have disputed any such claims and restore confidence, yet Ken lets this hearsay spread.
December 03, 2013, 09:18:00 AM
Customers are saying that they are being told to wait 2-3 months. Either they are lying or we are going to be months behind. Have some skepticism please.
While it may be true,
When some random comes on the thread and says "A Friend told me we were going to be 2-3 months late" I take it with a grain of salt.
If there was a way to get verifiable information then we can all go nuts but until then it is just hearsay.
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