[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 337.

JoTheKhan

sr. member

Activity: 378

Merit: 250

Quote from: minerpart on November 21, 2013, 06:43:15 PM

Ken is the CEO and he calls the shots, but I think it would be beneficial to all if we had a dialogue about how these coins are going to be used.

We know the necessary secrecy around chip development, but here is a very important aspect of the business that can be openly discussed. With all the questions (almost all unfair) around the business choices made during the last few months, I think Ken could use this opportunity to show he is clued-up and has a realistic proposal for the coins which is based on a realistic attitude to the bitcoin market.

Hmm. Dialogue about how the coins should be used.. Buy more of our own equipment to mine with.. Hmm.. yeah think we covered all the basis for that.

I mean seriously what else do you guys want him to do with the coins?

minerpart

sr. member

Activity: 280

Merit: 250

IIIIII====II====IIIIII

Ken is the CEO and he calls the shots, but I think it would be beneficial to all if we had a dialogue about how these coins are going to be used.

We know the necessary secrecy around chip development, but here is a very important aspect of the business that can be openly discussed. With all the questions (almost all unfair) around the business choices made during the last few months, I think Ken could use this opportunity to show he is clued-up and has a realistic proposal for the coins which is based on a realistic attitude to the bitcoin market.

MilkyWayMasta

full member

Activity: 221

Merit: 100

Hopefully whenever Ken needs to use the Bitcoin he has, the merchants he uses accepts them straight out instead of having to convert then to fiat.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

Quote from: Vigil on November 21, 2013, 06:10:21 PM

Quote from: Plazma on November 21, 2013, 06:08:36 PM

We are not selling coins unless we have to.

Price of Bitcoins reaches $1500 on a parabolic = "we have to"

I suppose Ken would need to balance the gains to be had from selling at, let's say $1500, against the possibility that if the price crashed at a time we needed the fiat, what damage would be done to our long term goals.

This is why I would be happy if Ken sold at that price, but as an investor myself I would simply hold bitcoins long term.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

I think a lot of people are in disbelief that we could be at an ATH on Gox soon, but we are only $120 away from that, and it doesn't take long to jump that high really. Once people realise this, how close we are, it's time to fire up the engine's again.

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: Plazma on November 21, 2013, 06:08:36 PM

We are not selling coins unless we have to.

Price of Bitcoins reaches $1500 on a parabolic = "we have to"

Plazma

full member

Activity: 224

Merit: 100

We are not selling coins unless we have to.

Vigil

sr. member

Activity: 378

Merit: 250

Ken, if this starts going parabolic again - jumping hundreds of dollars in one day - it is time to sell.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

Permission to discuss the $767 elephant in the room please?

Edit: $26 from All Time High on Bitstamp!

Bargraphics

hero member

Activity: 518

Merit: 500

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

Quote from: zumzero on November 21, 2013, 03:01:18 PM

Quote from: Bargraphics on November 21, 2013, 02:52:56 PM

Like I said, carry-on in the wrong thread about things that shareholders hold no part in.

It doesn't matter how much you squeeze your eyes together and wish that this isn't the case, it is. And based on past posts of most people speculating in this thread I'm extremely happy about this fact.

Please spell it out to me. That 'what' isn't the case? Also what fact are you happy about.

I genuinely struggle to make sense of what you write sometimes. No disrespect.

Sorry if it was a bit cryptic, I'm happy that Ken is in charge of deciding when to cash out the BTC and not the speculators in this (the wrong) thread or any thread for that matter.

That should clarify

Quote from: Sou on November 21, 2013, 03:34:37 PM

I believe he's pointing out that there are places on Bitcointalk that are specifically for price speculation. I guess you could copy and paste that price chart in every thread on the site and argue its relevance.

Bingo

Quote from: Vigil on November 21, 2013, 03:39:19 PM

Exactly, because this thread is specifically about Bitcoin mining and purchasing more miners with profits made by selling those Bitcoin.

Bingo x2

Quote from: tom.hashemi on November 21, 2013, 04:05:38 PM

I'd actually never heard it before ... it made me smile knowingly (in a 'yeah I've been there' way rather than a 'I have a really good grasp of trading' way)

The first time I heard the quote I did the same hah

I apologize to those that continue to write off topic in the wrong thread and feel offended when asked to take it to the correct one.

tom.hashemi

full member

Activity: 169

Merit: 100

Quote from: minerpart on November 21, 2013, 12:28:28 PM

Quote from: Bargraphics on November 21, 2013, 12:18:28 PM

A fun relevant quote:

"The market can stay irrational longer than you can stay solvent."

Let's just let this dead horse lie, Ken will do as he wants regardless of what we speculate on this thread.

That quote is very very well known. It is used completely out of context here so doesn't really help us - except to let us all know that you are aware of it.

I'd actually never heard it before ... it made me smile knowingly (in a 'yeah I've been there' way rather than a 'I have a really good grasp of trading' way)

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

Quote from: Sou on November 21, 2013, 03:34:37 PM

Quote from: minerpart on November 21, 2013, 03:09:45 PM

Its OK. Bar graphics is just letting us know what he is allowing us to discuss on the ACtM thread.

We are not allowed to talk about the Avalon refund, or how much it might be worth and what Ken might do with it/when he will convert it to USD.

Please in future everyone remember to check with Bargraphics before raising a topic to make sure it meets his approval.

Now maybe we can get back to the FUD.

I believe he's pointing out that there are places on Bitcointalk that are specifically for price speculation. I guess you could copy and paste that price chart in every thread on the site and argue its relevance.

Good point. It's just as well that, unlike Bitcoin, there isn't a finite number of posts available before a thread comes to an end.

Anyway, I see Ken's about. Come on mate, throw us a morsel.

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: Sou on November 21, 2013, 03:34:37 PM

Quote from: minerpart on November 21, 2013, 03:09:45 PM

Its OK. Bar graphics is just letting us know what he is allowing us to discuss on the ACtM thread.

We are not allowed to talk about the Avalon refund, or how much it might be worth and what Ken might do with it/when he will convert it to USD.

Please in future everyone remember to check with Bargraphics before raising a topic to make sure it meets his approval.

Now maybe we can get back to the FUD.

I believe he's pointing out that there are places on Bitcointalk that are specifically for price speculation. I guess you could copy and paste that price chart in every thread on the site and argue its relevance.

Exactly, because this thread is specifically about Bitcoin mining and purchasing more miners with profits made by selling those Bitcoin.

Sou

full member

Activity: 210

Merit: 100

(Bitcoin related text here)

Quote from: minerpart on November 21, 2013, 03:09:45 PM

Its OK. Bar graphics is just letting us know what he is allowing us to discuss on the ACtM thread.

We are not allowed to talk about the Avalon refund, or how much it might be worth and what Ken might do with it/when he will convert it to USD.

Please in future everyone remember to check with Bargraphics before raising a topic to make sure it meets his approval.

Now maybe we can get back to the FUD.

I believe he's pointing out that there are places on Bitcointalk that are specifically for price speculation. I guess you could copy and paste that price chart in every thread on the site and argue its relevance.

minerpart

sr. member

Activity: 280

Merit: 250

IIIIII====II====IIIIII

Its OK. Bar graphics is just letting us know what he is allowing us to discuss on the ACtM thread.

We are not allowed to talk about the Avalon refund, or how much it might be worth and what Ken might do with it/when he will convert it to USD.

Please in future everyone remember to check with Bargraphics before raising a topic to make sure it meets his approval.

Now maybe we can get back to the FUD.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

Quote from: Bargraphics on November 21, 2013, 02:52:56 PM

Like I said, carry-on in the wrong thread about things that shareholders hold no part in.

It doesn't matter how much you squeeze your eyes together and wish that this isn't the case, it is. And based on past posts of most people speculating in this thread I'm extremely happy about this fact.

Please spell it out to me. That 'what' isn't the case? Also what fact are you happy about.

I genuinely struggle to make sense of what you write sometimes. No disrespect.

neilol

sr. member

Activity: 302

Merit: 250

Quote from: zumzero on November 21, 2013, 02:41:52 PM

We are in the business of making money. We make Bitcoins with hardware and reinvest those bitcoins to make more money.

Anyone who suggests that discussing and speculating the price of Bitcoin is off topic, is mistaken, especially when we are sitting on 1400 btc to be converted in the near future. Ask the CEO if you don't believe me!

Posting in the spec thread (if it's even active anymore) is futile when a poster requires the attention of the majority of shareholders who use this thread only.

I'm sticking to my guns and am confident we are still on course to see a price between $1200 and $1700 no later than Tuesday of next week. Cool

I'll take the other side of that - I think we are in the $300's this weekend

Bargraphics

hero member

Activity: 518

Merit: 500

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

Like I said, carry-on in the wrong thread about things that shareholders hold no part in.

It doesn't matter how much you squeeze your eyes together and wish that this isn't the case, it is. And based on past posts of most people speculating in this thread I'm extremely happy about this fact.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

We are in the business of making money. We make Bitcoins with hardware and reinvest those bitcoins to make more money.

Anyone who suggests that discussing and speculating the price of Bitcoin is off topic, is mistaken, especially when we are sitting on 1400 btc to be converted in the near future. Ask the CEO if you don't believe me!

Posting in the spec thread (if it's even active anymore) is futile when a poster requires the attention of the majority of shareholders who use this thread only.

I'm sticking to my guns and am confident we are still on course to see a price between $1200 and $1700 no later than Tuesday of next week. Cool

pbbhopp

newbie

Activity: 13

Merit: 0

Quote from: minerpart on November 21, 2013, 11:37:45 AM

Change in BTC momentum.

With the very strong bounce (up to $735) from the $470 area last night BTC confirmed and establish a strong uptrend.

As with the previous two charts I posted, this channel could hold and so BTC could trend higher from here on.

How price reacts on a return to the bottom of this channel (around $550) will let us know if price is to continue to rise (up to $1000 over the next few weeks) or break down to the previously mention levels (circa $400).

So right now the forcast is: uncertain.
Advice - hold BTC.

https://i.imgur.com/7xuF28B.jpg

What is this software ? Sorry for the noob question Cheesy

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 337. (Read 771302 times)