[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 331.

zumzero

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myBitcoin.Garden

Quote from: minerpart on November 23, 2013, 02:18:56 PM

You can speculate the possible price movements for days but never come close to what WILL happen. Who saw 0.007 coming with the eASIC news release?? It seemed an outlandish number the day before.

I'd say good luck to anyone wishing to get out at a good price, you can't blame them realistically after the long wait. But I would say not to let the long wait effect your view on the longer picture/forecast for the company. I will be holding for the divs no matter what price goes to. If the news is good price will go up yes. But remember if news is good the divs will be very rewarding.

+1

Losing sight of one's initial long term strategy could prove costly if you sell too low.

SebastianJu

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Legendary Escrow Service - Tip Jar in Profile

I tend to believe that once AM is on a real exchange the price will be a bit higher than the endprice at bitfunder... which was 0.0005-0.0015BTC but it will not be very much higher. I mean this is still a risk and the price only was pushed because of thin informations and the absence of bad informations yet. I wonder where the price would be if there would be no NDA. Would there be bad or good information posted? So for now its still betting on the future with not much informations basing it on.

minerpart

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You can speculate the possible price movements for days but never come close to what WILL happen. Who saw 0.007 coming with the eASIC news release?? It seemed an outlandish number the day before.

I'd say good luck to anyone wishing to get out at a good price, you can't blame them realistically after the long wait. But I would say not to let the long wait effect your view on the longer picture/forecast for the company. I will be holding for the divs no matter what price goes to. If the news is good price will go up yes. But remember if news is good the divs will be very rewarding.

zumzero

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myBitcoin.Garden

Quote from: MilkyWayMasta on November 23, 2013, 01:51:03 PM

November 23, 2013 17:09 Sell 0.003741 100 0.374100 BTC
November 23, 2013 17:07 Sell 0.004000 220 0.880000 BTC

This is from Cryptostocks. What would you guys say the price is at right now? Or is there no way to calculate that in such an illiquid environment??

If our shares went up today, before the announcement, I think the price would quickly get to 0.003 and that's where a large sell wall would occur. The price would then gradually drop all the way down as far as 0.0008 unless that downward trend were to be intercepted by the 'announcement'. There are many shareholders who are acutely aware that they could have sold a while ago for significant gains and got very worried when the realization dawned on them that they could potentially lose the lot. For this reason I'd be surprised if the price initially rose above 0.003.

I think what's more likely is that this 'announcement' will occur before we get listed. The price will shoot up to 0.008 and those who would have formed the sell wall in the above scenario will realize that holding is the best course of action. However there will be one or two whales who will sell regardless at around 0.003 because they've had it with this adventure and they just want out.

Me, I'm in long and in it for the dividends because if we play this well, the potential is enormous.

drawingthesun

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Quote from: MilkyWayMasta on November 23, 2013, 01:51:03 PM

Or is there no way to calculate that in such an illiquid environment??

I think there are 9,000 shares or something like that on cryptostocks. The market is beyond illiquid, it's stone.

The prices look awesome, but in no way reflect reality, unfortunately...

minerpart

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Quote from: thefunkybits on November 23, 2013, 01:46:47 PM

Who...cares everybody?

I care and so does Ken going by the very strong response he made to the blackmail threat.

It's very easy for you sitting at home to think this is not an issue and why should we care but when you run a business and you have people threatening to try to destroy your business and demanding money to cease that IS a very damaging thing. We don't benefit as shareholders from ignoring attacks, serious attacks on the company or the industry we take part in.

MilkyWayMasta

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November 23, 2013 17:09 Sell 0.003741 100 0.374100 BTC
November 23, 2013 17:07 Sell 0.004000 220 0.880000 BTC

This is from Cryptostocks. What would you guys say the price is at right now? Or is there no way to calculate that in such an illiquid environment??

Stuartuk

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Quote from: zumzero on November 23, 2013, 01:42:20 PM

pancake is attempting to extort money from us shareholders and Ken, and that is blackmail.

Good work

The Bitcoin world is awash with extortion. For example hackers take control of exchanges or company sites and only return control after large sums have been paid over to them. So this is not something to be taken lightly.

As you may have seen in the news yesterday, The Silk Road operator was hacked and made huge payments to cease the hacking. He also hired a hitman and paid him 125kUSD to kill someone who had betrayed his trust. He is being charged with this. So extortion in the BTC industry is very high up on the FBI agenda right now. It is high up because it is a very serious and damaging offense. To protect ACtM and ALL companies on this forum we need to have a zero tolerance policy to extortion and blackmail.

thefunkybits

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What a shitshow this has become.
Who fucking cares everybody? youre playing into the trolls hands by posting nonsense like this all day.
Lets hope Ken has something significant to show us soon so all you idiots can stop pretending shit like this is a big deal

ps. I was ecstatic when I checked cryptostocks yesterday and ACTM had hit .007, please get us on an exchange!

Effayy

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Quote from: tom.hashemi on November 23, 2013, 01:35:04 PM

Quote from: drawingthesun on November 23, 2013, 12:57:39 PM

Quote from: Stuartuk on November 23, 2013, 12:43:14 PM

After consulting with minerpart I will report these threats to blackmail and extort money from companies on Bitcointalk to an FBI Field Office.

We believe a crime has already been committed, but if this poster actually proceeds to Troll because no money has been paid to him, then certainly things will be serious enough for an investigation.

I will start a thread to collate the relevant posts and if anyone sees any Trolling from the member 'pankkake' after today can you please quote them on the thread which I will link to here:

https://bitcointalksearch.org/topic/m.3687965

This is a terrible idea. I think it can be filled under "wasting police time" and that can come with hefty fines.

It is not wasting police time in the slightest. If you think a crime has been committed then you can of course report it to the authorities. If you lie about what has happened/report it as worse than it was in order that they take it on as a case, and then it becomes apparent that you've lied, THEN you are wasting police time (and likely a couple other things).

You are not wasting police time by reporting something that turns out not to be a crime. The general public is not expected to know the ins and outs of criminal or civil legality.

Either way, can we just let cooler heads prevail and chalk this up to someone attempting something he found humourous (which wasn't really all that funny) and just leave it at that? I highly doubt he expected to actually generate revenue from the stunt, and he's well aware that it takes 5 seconds to ban him from the thread altogether.

How about we ALL just give this shit a rest and focus on something more constructive.

zumzero

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myBitcoin.Garden

pancake is attempting to extort money from us shareholders and Ken, and that is blackmail.

He's effectively said, "Give me x amount of money and I will not harm your company until 24 hours have passed and then an additional payment for every 24 hours thereafter."

Good work Stuart.

tom.hashemi

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Quote from: drawingthesun on November 23, 2013, 12:57:39 PM

Quote from: Stuartuk on November 23, 2013, 12:43:14 PM

After consulting with minerpart I will report these threats to blackmail and extort money from companies on Bitcointalk to an FBI Field Office.

We believe a crime has already been committed, but if this poster actually proceeds to Troll because no money has been paid to him, then certainly things will be serious enough for an investigation.

I will start a thread to collate the relevant posts and if anyone sees any Trolling from the member 'pankkake' after today can you please quote them on the thread which I will link to here:

https://bitcointalksearch.org/topic/m.3687965

This is a terrible idea. I think it can be filled under "wasting police time" and that can come with hefty fines.

It is not wasting police time in the slightest. If you think a crime has been committed then you can of course report it to the authorities. If you lie about what has happened/report it as worse than it was in order that they take it on as a case, and then it becomes apparent that you've lied, THEN you are wasting police time (and likely a couple other things).

You are not wasting police time by reporting something that turns out not to be a crime. The general public is not expected to know the ins and outs of criminal or civil legality.

finlof

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Quote from: superduh on November 23, 2013, 12:59:45 PM

wtf is happening with this thread. it's getting derailed.

derailed? when was it last "railed"?

drawingthesun

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Quote from: superduh on November 23, 2013, 12:59:45 PM

wtf is happening with this thread. it's getting derailed.

Without anything of substance to talk about this will always be the result.

superduh

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wtf is happening with this thread. it's getting derailed.

drawingthesun

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Quote from: Stuartuk on November 23, 2013, 12:43:14 PM

After consulting with minerpart I will report these threats to blackmail and extort money from companies on Bitcointalk to an FBI Field Office.

We believe a crime has already been committed, but if this poster actually proceeds to Troll because no money has been paid to him, then certainly things will be serious enough for an investigation.

I will start a thread to collate the relevant posts and if anyone sees any Trolling from the member 'pankkake' after today can you please quote them on the thread which I will link to here:

https://bitcointalksearch.org/topic/m.3687965

This is a terrible idea. I think it can be filled under "wasting police time" and that can come with hefty fines.

st4nl3y

legendary

Activity: 1050

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Quote from: Stuartuk on November 23, 2013, 12:43:14 PM

After consulting with minerpart I will report these threats to blackmail and extort money from companies on Bitcointalk to an FBI Field Office.

We believe a crime has already been committed, but if this poster actually proceeds to Troll because no money has been paid to him, then certainly things will be serious enough for an investigation.

I will start a thread to collate the relevant posts and if anyone sees any Trolling from the member 'pankkake' after today can you please quote them on the thread which I will link to here:

https://bitcointalksearch.org/topic/m.3687965

..this is serious

Stuartuk

sr. member

Activity: 266

Merit: 250

After consulting with minerpart I will report these threats to blackmail and extort money from companies on Bitcointalk to an FBI Field Office.

We believe a crime has already been committed, but if this poster actually proceeds to Troll because no money has been paid to him, then certainly things will be serious enough for an investigation.

I will start a thread to collate the relevant posts and if anyone sees any Trolling from the member 'pankkake' after today can you please quote them on the thread which I will link to here:

https://bitcointalk.org/index.php?topic=344219.new#new

aquarius

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Quote from: minerpart on November 23, 2013, 10:15:13 AM

Quote from: ?? on ??

What's immoral?

Sure immoral but more importantly illegal. Don't worry it's not anyone on here you need to answer to but do expect a knock on your door from the authorities.

I hope so, these sociopaths needs to be brought to justice.

minerpart

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Activity: 280

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Quote from: ?? on ??

What's immoral?

Sure immoral but more importantly illegal. Don't worry it's not anyone on here you need to answer to but do expect a knock on your door from the authorities.

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 331. (Read 771302 times)