[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 354.

bigdude

hero member

Activity: 896

Merit: 500

Dolphins Finance TRUSTED FINANCE

Quote from: drawingthesun on November 17, 2013, 11:49:53 PM

Quote from: bigdude on November 17, 2013, 11:41:05 PM

Quote from: drawingthesun on November 17, 2013, 10:22:26 PM

Sorry for being negative everyone. I just keep seeing the Bitcoin price rise and have major freak outs.

I will try to be more positive. I just really want to see some TH/s online.

My preference is for Ken to actually get us listed on an exchange again. Colored Coins sounds nice, but months off (or longer) from being a reality.

While it is a pain moving from exchange to exchange, it really needs to be done for shareholders. Some want to buy, some want to sell. I don't want Ken spending his time trying to facilitate exchanges. Just spend the time, get us on an exchange, and let them do it all.

Havelock seem in the best position.

I agree, I know Ken wants a long term option but we need to be able to trade our shares. I vote Havelock too, take the setup fee from the mining address.

The next 6 weeks will be make or break for this company and we must be allowed to trade. If Ken does not have us on an exchange this week then the only option is to start direct share trading. Now I am sure setting us up on Havelock for 2 months is a far better option than Ken having to update his database/excel 100 times a day.

We cannot be barred from trading, we need an option right now even if its only for a month or two.

Good idea. Its would be like satoshi dust from each shareholder.

finlof

hero member

Activity: 630

Merit: 500

Quote from: drawingthesun on November 18, 2013, 12:04:38 AM

Quote from: finlof on November 17, 2013, 11:59:45 PM

Quote from: interJ on November 17, 2013, 11:52:27 PM

Just of note...we already ARE set up on cryptostocks. I understand that it may not be the best long-term solution (transfer all in, only to likely have to transfer them all out upon inevitable shutdown/coloured coin solution)....but I do agree that there needs to be a push for trading to be viable SOMEWHERE.

this. he already has things setup on cryptostocks so it would most likely be the quickest solution with the least amount of work.

I have already asked Ken to move my shares onto cryptostocks for the short term and he said no.

of course he said no. why would he want to move just your shares to cryptostocks for the short term? now if he moved everyone's shares and it wasnt just for a short term then that would make sense.

-edit: did you try to offer him $5000?

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: finlof on November 17, 2013, 11:59:45 PM

Quote from: interJ on November 17, 2013, 11:52:27 PM

Just of note...we already ARE set up on cryptostocks. I understand that it may not be the best long-term solution (transfer all in, only to likely have to transfer them all out upon inevitable shutdown/coloured coin solution)....but I do agree that there needs to be a push for trading to be viable SOMEWHERE.

this. he already has things setup on cryptostocks so it would most likely be the quickest solution with the least amount of work.

I have already asked Ken to move my shares onto cryptostocks for the short term and he said no.

finlof

hero member

Activity: 630

Merit: 500

Quote from: interJ on November 17, 2013, 11:52:27 PM

Just of note...we already ARE set up on cryptostocks. I understand that it may not be the best long-term solution (transfer all in, only to likely have to transfer them all out upon inevitable shutdown/coloured coin solution)....but I do agree that there needs to be a push for trading to be viable SOMEWHERE.

this. he already has things setup on cryptostocks so it would most likely be the quickest solution with the least amount of work.

interJ

newbie

Activity: 37

Merit: 0

Just of note...we already ARE set up on cryptostocks. I understand that it may not be the best long-term solution (transfer all in, only to likely have to transfer them all out upon inevitable shutdown/coloured coin solution)....but I do agree that there needs to be a push for trading to be viable SOMEWHERE.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: bigdude on November 17, 2013, 11:41:05 PM

Quote from: drawingthesun on November 17, 2013, 10:22:26 PM

Sorry for being negative everyone. I just keep seeing the Bitcoin price rise and have major freak outs.

I will try to be more positive. I just really want to see some TH/s online.

My preference is for Ken to actually get us listed on an exchange again. Colored Coins sounds nice, but months off (or longer) from being a reality.

While it is a pain moving from exchange to exchange, it really needs to be done for shareholders. Some want to buy, some want to sell. I don't want Ken spending his time trying to facilitate exchanges. Just spend the time, get us on an exchange, and let them do it all.

Havelock seem in the best position.

I agree, I know Ken wants a long term option but we need to be able to trade our shares. I vote Havelock too, take the setup fee from the mining address.

The next 6 weeks will be make or break for this company and we must be allowed to trade. If Ken does not have us on an exchange this week then the only option is to start direct share trading. Now I am sure setting us up on Havelock for 2 months is a far better option than Ken having to update his database/excel 100 times a day.

We cannot be barred from trading, we need an option right now even if its only for a month or two.

shadallion

full member

Activity: 304

Merit: 102

The proposed CipherTrade exchange seems good to me

DISCLAIMER: I am long CipherMine

bigdude

hero member

Activity: 896

Merit: 500

Dolphins Finance TRUSTED FINANCE

Quote from: drawingthesun on November 17, 2013, 10:22:26 PM

Sorry for being negative everyone. I just keep seeing the Bitcoin price rise and have major freak outs.

I will try to be more positive. I just really want to see some TH/s online.

My preference is for Ken to actually get us listed on an exchange again. Colored Coins sounds nice, but months off (or longer) from being a reality.

While it is a pain moving from exchange to exchange, it really needs to be done for shareholders. Some want to buy, some want to sell. I don't want Ken spending his time trying to facilitate exchanges. Just spend the time, get us on an exchange, and let them do it all.

Havelock seem in the best position.

4ju5tice

member

Activity: 111

Merit: 10

Quote from: somestranger on November 17, 2013, 11:17:55 PM

Quote from: JoTheKhan on November 17, 2013, 10:29:00 PM

**QUESTIONS THAT KEN ISN'T GOING TO ANSWER NOW**

Just wait for the "big announcement" that Ken said is coming up and I'm sure we will get a lot more information out of Ken. Patience.

+2

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: somestranger on November 17, 2013, 11:17:55 PM

Quote from: JoTheKhan on November 17, 2013, 10:29:00 PM

**QUESTIONS THAT KEN ISN'T GOING TO ANSWER NOW**

Just wait for the "big announcement" that Ken said is coming up and I'm sure we will get a lot more information out of Ken. Patience.

How many months ago did he hint at this "big announcement"? around IPO time?

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: JoTheKhan on November 17, 2013, 10:29:00 PM

**QUESTIONS THAT KEN ISN'T GOING TO ANSWER NOW**

Just wait for the "big announcement" that Ken said is coming up and I'm sure we will get a lot more information out of Ken. Patience.

finlof

hero member

Activity: 630

Merit: 500

Quote from: drawingthesun on November 17, 2013, 10:59:12 PM

Quote from: coinfresh on November 17, 2013, 10:51:41 PM

Quote from: drawingthesun on November 17, 2013, 10:48:20 PM

Quote from: somestranger on November 17, 2013, 10:47:01 PM

Yes obviously that is the only possible explanation. Could you please stop dragging over your Labcoin sorrow into this thread?

I got out of Labcoin with a decent profit a long time ago. I promise you I have no Labcoin sorrow.

Then why are you so... whiny and negative about everything? Grow a pair and relax.

I put those profits and more into ActiveMining...

I will try to relax.

everyone should relax and start by reading the notice at the top of every page here: "Do not invest more than you can afford to lose."

-edit: this doesnt mean we shouldnt be pushing Ken for more info and a real progress report

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: coinfresh on November 17, 2013, 10:51:41 PM

Quote from: drawingthesun on November 17, 2013, 10:48:20 PM

Quote from: somestranger on November 17, 2013, 10:47:01 PM

Yes obviously that is the only possible explanation. Could you please stop dragging over your Labcoin sorrow into this thread?

I got out of Labcoin with a decent profit a long time ago. I promise you I have no Labcoin sorrow.

Then why are you so... whiny and negative about everything? Grow a pair and relax.

I put those profits and more into ActiveMining...

I will try to relax.

coinfresh

member

Activity: 88

Merit: 10

Quote from: drawingthesun on November 17, 2013, 10:48:20 PM

Quote from: somestranger on November 17, 2013, 10:47:01 PM

Yes obviously that is the only possible explanation. Could you please stop dragging over your Labcoin sorrow into this thread?

I got out of Labcoin with a decent profit a long time ago. I promise you I have no Labcoin sorrow.

Then why are you so... whiny and negative about everything? Grow a pair and relax.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: somestranger on November 17, 2013, 10:47:01 PM

Yes obviously that is the only possible explanation. Could you please stop dragging over your Labcoin sorrow into this thread?

I got out of Labcoin with a decent profit a long time ago. I promise you I have no Labcoin sorrow.

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: drawingthesun on November 17, 2013, 10:40:13 PM

I am 100% sure we are hashing under 1 TH/s at the current time. We all thought these "other" sources was the prototype miner, but Ken never pointed it at the same user account on btcguild meaning its unstable and prone to shutting down.

Yes obviously that is the only possible explanation. Could you please stop dragging over your Labcoin sorrow into this thread?

4ju5tice

member

Activity: 111

Merit: 10

Quote from: drawingthesun on November 17, 2013, 10:22:26 PM

Sorry for being negative everyone. I just keep seeing the Bitcoin price rise and have major freak outs.

I will try to be more positive. I just really want to see some TH/s online.

Just relax. You took a risk, and you have to accept the reasons you took that chance. Be patient, things will be okay or they won't, both outcomes are beyond your control. One positive note, the price rise has made mining much more profitable. People are going to start getting into mining again. They'll buy our machines, which we can use that USD to mine at a much more profitable rate. Then of the btc we mine, we will have half of it go to dividends, and the other half to go toward more mining.

I think things will be okay. If anything, the btc price rise has made active mining more likely to succeed. It increases mining profitability as well as public mining interest. We'll be selling a lot of mighty fine shovels and we'll be able to get our chips into large quantity production, making them extremely cheap. Which will great for us. Be patient, I know it sucks, but Ken is working.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: JoTheKhan on November 17, 2013, 10:29:00 PM

If the company is not doing so well, then tell us. We have our god damn big boy pants on. All the people here want to know about the mining and the equipment and the expected growth for the rest of the year.

I have a feeling something went wrong with the chips, perhaps the supplied design is less efficient or does not hash at the right rate. Ken said earlier that mining from "other" sources would supply us up to 3TH/s and that expected time period is around about now.

I am 100% sure we are hashing under 1 TH/s at the current time. We all thought these "other" sources was the prototype miner, but Ken never pointed it at the same user account on btcguild meaning its unstable and prone to shutting down.

Anyway that is what I think might be going on but I am trying to be positive. Its just hard because there is not much to be positive about at the moment. The thing that made me smile was the potential TH/s but nothing seems to be moving.

I am going for a walk.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: drawingthesun on November 17, 2013, 10:11:10 PM

I am guessing by the lack of urgency in Ken's posts towards getting us trading again that we will not have much of a reason to trade in that time.

So no decent mining rate for the whole of November? If that is the case we can certainly say something has gone wrong. Even die hard fans must now admit that something went bad because this is way beyond any schedule.

My fear is that we will have less than 10TH/s when Bitcoin passes $1,000 making any chance of getting our Bitcoin back impossible.

I would worry more about difficulty than the price of a bitcoin..

JoTheKhan

sr. member

Activity: 378

Merit: 250

Quote from: drawingthesun on November 17, 2013, 10:11:10 PM

I am guessing by the lack of urgency in Ken's posts towards getting us trading again that we will not have much of a reason to trade in that time.

So no decent mining rate for the whole of November? If that is the case we can certainly say something has gone wrong. Even die hard fans must now admit that something went bad because this is way beyond any schedule.

My fear is that we will have less than 10TH/s when Bitcoin passes $1,000 making any chance of getting our Bitcoin back impossible.

It seems Ken is ignoring all questions that have to do with the mining aspect of the company. Even when the shareholders inform him what they think is more important at the moment (Getting the mining situation up and running > getting a way for our shares to be tradeable) he seems to not understand.

I am a little confused, if Ken is waiting on colored coins then it seems there is NOTHING he can do at the moment to speed up the trading of shares so there seems to be no reason for him to even post about that. Why not talk about the mining aspect of the company or any other aspect of the company really.

If the company is not doing so well, then tell us. We have our god damn big boy pants on. All the people here want to know about the mining and the equipment and the expected growth for the rest of the year. So when Ken comes on here and post about these colored coins and stuff (That we can find for ourselves) its a huge slap in the face, especially when the entire thread page he is posting on is asking about the mining.

Ken, please. What is the expected hashrate by the end of November and by the end of the year?

When do you expect to receive the chips?

If you do not know the answer to these questions then please say you do not know, do not ignore them.

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 354. (Read 771302 times)