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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 301. (Read 771288 times)

hero member
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myBitcoin.Garden
Okay Stuart, I've ignored them all to see how that goes.
member
Activity: 112
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Out of respect for those of us with active ignores, would you kindly refrain from quoting well known trolls like VE, bukkake and crumbs? Makes ignores kind of pointless.

Concerning the announcement: well done, Ken. This is a solid development, better than I expected. Keep up the good work Smiley

And if someone is still selling, 0.0005/share - PM  me.
sr. member
Activity: 644
Merit: 250
Yeah I think the Trolls have had their fun now. We are better ignoring them, they talk nothing but scaremongering gibberish.

There are a lot of shareholders who might want to get involved on the thread but don't get a chance with all the Troll talk. So can we ignore them, stop quoting and responding to them now? This thread would be so much better without their input.

They think they are doing a job but what of use has any of them actually achieved round here? A lot of us have turned to cheerleading just to balance up their negativity. But we are more than able to scrutinise the company on here in a grown up way ourselves. We don't need Trolls to ask difficult questions we can do that ourselves.

Before today's announcement, I've had nearly full pages of this thread show up as ignored, while it made me a bit sad that some people have so little to do in their lives that they end up trolling on the internet, it does make catching up with the relevant information significantly easier!
sr. member
Activity: 266
Merit: 250
Yeah I think the Trolls have had their fun now. We are better ignoring them, they talk nothing but scaremongering gibberish.

There are a lot of shareholders who might want to get involved on the thread but don't get a chance with all the Troll talk. So can we ignore them, stop quoting and responding to them now? This thread would be so much better without their input.

They think they are doing a job but what of use has any of them actually achieved round here? A lot of us have turned to cheerleading just to balance up their negativity. But we are more than able to scrutinise the company on here in a grown up way ourselves. We don't need Trolls to ask difficult questions we can do that ourselves.
sr. member
Activity: 644
Merit: 250
And it's still trying! Makes me feel all warm and fuzzy to see a whore-troll call me delusional, have another kiss  Kiss

EDIT: I would love to have kept ignoring you cretins but there's only so much I can do when people quote your verbal diarrhea
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
zumzum joins the ignoramus crew! https://bitcointalksearch.org/topic/bitbet-stole-7000-from-me-10-btc-339544

Hey, that's cute, the trolls are panty-bunched over me,  Kiss you guys
Shocked the delusion's strong with this one.
Come back when you have your own hate thread please.

So what was shipped? How long until these chips are done and hashing? Not sure that we got any clear info here.
FUD FUD FUD YOU JUST WANT CHEAP SHARESZ

Hush now bukkake.  You're spoiling our fun.
sr. member
Activity: 378
Merit: 250
When are we getting our dividends for the past month?
sr. member
Activity: 378
Merit: 250
So what was shipped? How long until these chips are done and hashing? Not sure that we got any clear info here.
sr. member
Activity: 392
Merit: 250
Let's do some simple math.
 
Ken has recently made it clear he does not intend to mine very much at all, and only intends to make money via hardware sales.  This means we would have to generate 10x as much profit to reach our .0025 target as we did when bitcoin was $120.  

Look.

.0025 x 10,000,000 = 25000 BITCOINS of dividends.  

When BTC was $120, that was $2.7 million dollars...

but now that BTC is $1200, $27.5 million dollars of profits is needed to pay off .0025 dividends.

This is why it BLOWS MY MIND that Ken would be so focused on hardware sales. The only explanation would be that he is definitely interested in mining, but doing it behind closed doors where he does not intend to share the profits with us. Why do you think he didn't mention mining ONCE in his announcement?




Zzzzzzzzzzzzzzzz

Want me to draw you a chart?  Selling hardware is 10x less profit efficient in relation to a bitcoin based share price.  We are basically geared towards making fiat instead of bitcoin..
sr. member
Activity: 644
Merit: 250
Hey, that's cute, the trolls are panty-bunched over me,  Kiss you guys
Sou
full member
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Merit: 100
(Bitcoin related text here)
So with this 20% increase in hashing performance where does that put us for efficiency? 20% is simply amazing.

Edit:

Is this packable for sale as a software solution? How much would miners pay for a 20% increase in their performance? Maybe ASICMINER would want it, maybe Cointerra...maybe everyone.
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Let's do some simple math.
 
Ken has recently made it clear he does not intend to mine very much at all, and only intends to make money via hardware sales.  This means we would have to generate 10x as much profit to reach our .0025 target as we did when bitcoin was $120.  

Look.

.0025 x 10,000,000 = 25000 BITCOINS of dividends.  

When BTC was $120, that was $2.7 million dollars...

but now that BTC is $1200, $27.5 million dollars of profits is needed to pay off .0025 dividends.

This is why it BLOWS MY MIND that Ken would be so focused on hardware sales. The only explanation would be that he is definitely interested in mining, but doing it behind closed doors where he does not intend to share the profits with us. Why do you think he didn't mention mining ONCE in his announcement?




Zzzzzzzzzzzzzzzz
sr. member
Activity: 517
Merit: 250

Quote
We have been contacted by Crypto-Trade in Hong Kong and will be moving our shares to their exchange.

Oh for fuck sake, not this Hong-Kong shit again! How many people more need to get burned buy those fuckers from China?

He is not being racist at all.  He probably got caught in Labcoin.  Btc scamers are all over God's brown earth.  My angle is the govt regulation hand is light over there.   But its your job as an investor to prevent yourself from getting scammed.  An obtuse eliptic shaped eye or a sideways parabola shaped eye has nothing to do with scaming.  I'm just saying crypto trade has always been great to me since day one.......on a side note I still don't know how Havelock is surviving up in Canada.  Tick tock


I avoided Labcoin like a fkn plague.
Bitfunder (HK!) folded up like a fkn patio chair. What makes you think that those guys are not next?

sumzero, you can take that racist card and shove it up where sun ain't shining. Use your favorite chops sticks to push it really deep.


I never said they arnt scammers.  My angle is government regulation.  The Anglo world has lot more to lose than the Sino world.  They will encourage btc development more so than the west....although HK is still that wierd fusion of East meets West.  But crypto trade could totally "fold" one day just like Enron or Lehman.  Thats the nature of business.   My point was up till today...Nov30 2013 I've had nothing but great experiences woth crypto trade....somuch so I bought shares in it around the time I bought the AMC shares.  At that time the FBI was scaring BTC a lot.  And I knew western organizations would be the first to be shuttered.   As squirrly as GOX is its still floating.  They could only touch dwolla since its US based.  In the end were good to go.  
sr. member
Activity: 392
Merit: 250
Let's do some simple math.
 
Ken has recently made it clear he does not intend to mine very much at all, and only intends to make money via hardware sales.  This means we would have to generate 10x as much profit to reach our .0025 target as we did when bitcoin was $120.  

Look.

.0025 x 10,000,000 = 25000 BITCOINS of dividends.  

When BTC was $120, that was $2.7 million dollars...

but now that BTC is $1200, $27.5 million dollars of profits is needed to pay off .0025 dividends.

This is why it BLOWS MY MIND that Ken would be so focused on hardware sales. The only explanation would be that he is definitely interested in mining, but doing it behind closed doors where he does not intend to share the profits with us. Why do you think he didn't mention mining ONCE in his announcement?
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
My, my.  The trolls are out in force tonight. 

Expect them to be busy over the next couple of months as they try to keep the share price suppressed.



sr. member
Activity: 392
Merit: 250
Any intelligent guesses for what price we can expect ActM to get to when it goes up on Crypto-Trade?

I'm an ActM bull but lets be realistic; when ActM is first listed, a lot of people with weak constitutions (the ones that turn green when the btc price goes up and they don't have the ability to cash out at a moment's notice) will want out of ActM and into btc or maybe even fiat. This will keep the price suppressed for the first two or so weeks. If you value your money, don't let this scare you.

Remember that the min realistic price per share will be ~0.00245 (the amount guaranteed to be paid back in divs before the other 15m shares start getting their divs), but will likely be 3-4x greater as ActM is currently the only latest gen company in which it is possible to invest with even more potential upside as bitcoin-denominated investors tend to overvalue companies (Asicminer at 5btc anyone?) I am expecting prices to be between 0.01-0.02 by the first few weeks of 2014

You guys are absolutely crazy with your predictions. 
I would like to hear what a non-ACTM investor would buy them for.  I'm tired of hearing these numbers from just cheerleaders who are trying to pump the price so they can get out..
sr. member
Activity: 644
Merit: 250
Any intelligent guesses for what price we can expect ActM to get to when it goes up on Crypto-Trade?

I'm an ActM bull but lets be realistic; when ActM is first listed, a lot of people with weak constitutions (the ones that turn green when the btc price goes up and they don't have the ability to cash out at a moment's notice) will want out of ActM and into btc or maybe even fiat. This will keep the price suppressed for the first two or so weeks. If you value your money, don't let this scare you.

Remember that the min realistic price per share will be ~0.00245 (the amount guaranteed to be paid back in divs before the other 15m shares start getting their divs), but will likely be 3-4x greater as ActM is currently the only latest gen company in which it is possible to invest with even more potential upside as bitcoin-denominated investors tend to overvalue companies (Asicminer at 5btc anyone? EDIT: hell, they were a bad buy at 1.8btc!) I am expecting prices to be between 0.01-0.02 by the first few weeks of 2014
hero member
Activity: 615
Merit: 502
Can we see some pictures of the gear that was shipped?  Would also be good to hear feedback from these customers.

I mean if Ken has got a chip actually working that's great news and even if they're slower, knowing that this Gen1 version is hashing would be a big relief for me.
hero member
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Merit: 500
myBitcoin.Garden
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
So, we have delays on the eAsic chips, but we already shipped ? How is that possible?

We've shipped some units using the original chips, and we're developing new chips which will be slightly delayed but more useful in the long term.

Indeed.  There are some here that would argue that it would have been in our best interests to go with the original chips in order to get them hashing sooner.  But the thing is it's Ken, and not opinionated shareholders who has the data and he obviously thinks that going with eAsic chip 2.0 is the way forward, albeit delayed.
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