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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 372. (Read 771301 times)

sr. member
Activity: 280
Merit: 250
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hey yeah china huh…

hay! how bout that ActiveMining Company?!

I hear this is the thread to discuss them!

Yeah I heard about them. Like apparently they are about to make all their share holders rich. I'm gonna pm you, I like you.
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
hey yeah china huh…

hay! how bout that ActiveMining Company?!

I hear this is the thread to discuss them!
sr. member
Activity: 280
Merit: 250
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There a lot of statistics and data in the article I put up a link to.

'The Diplomat.....international current-affairs magazine for the Asia-Pacific region. Since its launch in 2002'

It's from this year too, and you can see the source. Unlike your 14 year old chart with no known source. (snigger)

End of contact. Nothing you say is valid, or has any worth, just endless attempts at mockery and I'm not in the playground anymore. Unlike you, you sad sad little man.
legendary
Activity: 1442
Merit: 1001

why are Chinese billionaires more likely to invest in BTC than any other nation?


China is embracing BTC like no other country. The government have all but backed it. The 'Chinese ebay' is accepting BTC for some sellers. The Chinese are huge savers. China has the largest BTC exchange in the world. The Chinese economy is awash with 'new money' held by young forward thinking Billionaires who are more likely to trust crypto-currencies than old-school Western money that is more traditional in it's investment choice. That is only a short list, why are you so dismissive?

+1. Suggesting that the chinese are not enthusiastic about bitcoin is ridiculous. It would imply that either btcchina exchange statistics are falsified or bitcoin is being purchased in massive quantities by random non-chinese holders of yuan - neither is likely.

 But really, what's the point here? That we should have the website in chinese? If so, then I'm all for that. Arguing about the reason for the rise in price is not on topic.

*edited for grammar and content
sr. member
Activity: 280
Merit: 250
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resent data.

I don't think we want any resent (sic) data on here do we?
sr. member
Activity: 266
Merit: 250
Why are we talking about China again?

Quite right, forget about China (the biggest BTC market in the world).

Drawingthesun, tell us something else you are worried about. There must be more.

 Wink
sr. member
Activity: 280
Merit: 250
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Don't know, but putting up a chart that runs to around the year 2000 (14years old) is not exactly scientific. Don't let the truth get in the way of your argument. lol
legendary
Activity: 1176
Merit: 1015
Why are we talking about China again?
sr. member
Activity: 280
Merit: 250
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No problem, you win, have a good day.
legendary
Activity: 910
Merit: 1000
thank you crumbs !!!!

Quoting income per capita in a country of extremes of income, from extremely poor farmers to a middle class of hundreds of millions is not valid I'm afraid.

actually my guestimate of $1500, if probably alot closer to the average chinese wage than what the middle cass earn, so infact i would win this argument over you, if you want to talk about extremes
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
thank you crumbs !!!!

Quoting income per capita in a country of extremes of income, from extremely poor farmers to a middle class of hundreds of millions is not valid I'm afraid.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII

why are Chinese billionaires more likely to invest in BTC than any other nation?


China is embracing BTC like no other country. The government have all but backed it. The 'Chinese ebay' is accepting BTC for some sellers. The Chinese are huge savers. China has the largest BTC exchange in the world. The Chinese economy is awash with 'new money' held by young forward thinking Billionaires who are more likely to trust crypto-currencies than old-school Western money that is more traditional in it's investment choice. That is only a short list, why are you so dismissive?
member
Activity: 75
Merit: 10
Isn't the 20TH/S supposed to be up by now?  From now on I will refer to Activemining as LabKen...

If you want to call something late, then do so - there's no need to associate ActM with LC. At the very least, you've had phone calls with Ken - you can't say the same about Fabrizio or Samuel Noi or Armando or whoever is running the Labcoin 'operation'.

I agree with this. Although Ken may be tight-lipped on his operations and stage of development, he has always been out in the open and accessible. Comparing him to a (practically confirmed) scam is offensive.

Regardless of your opinion on how he is running his operation, I think we can all agree that it's not a scam.
legendary
Activity: 910
Merit: 1000

There are 500mill middle class in China. If one in ten of them (every fifth couple) put 2k into btc that would push up market cap by 100billion.


this is stupid comment, considering the yearly wage in china is probably like 1500 dollars, so no you won;t get even guy in china  investing that much

Today, the mass middle class – with annual household incomes of between $9,000 and $16,000 – are dominant, accounting for 54 percent of all urban households; upper middle-class households, with incomes of $16,000 to $34,000, represent only 14 percent.

http://thediplomat.com/pacific-money/2013/05/30/half-a-billion-chinas-middle-class-consumers/

So it's you who has made the stupid comment I'm afraid. You are mixing in the earning of the rural poor with the urbanites which is very clearly what the topic of my post was. Infact the middle classes in China buy significantly more flat screen TV's and Laptops than everyone in the US.

According to the World Bank, "In 2012, China’s gross national income per capita of $6,091 ranked 90th in the world."  Looking at urban households is like looking at the incomes of people who live in penthouses -- not representative of the population as a whole Smiley

thank you crumbs !!!!

and yes minerpart.... while we are hoping one in ten of them put 2k into bitcoin, theirs no reason we shouldn;t go further,  why not one in ten in the world?Huh seems just as sane, why not have one currency in the world called bitcoin and everything else can be obsolete? then the price of one bitcoins will cost 'one billion dollars' muahahahaha, your comment was generally retarded
legendary
Activity: 1442
Merit: 1001
Isn't the 20TH/S supposed to be up by now?  From now on I will refer to Activemining as LabKen...

If you want to call something late, then do so - there's no need to associate ActM with LC. At the very least, you've had phone calls with Ken - you can't say the same about Fabrizio or Samuel Noi or Armando or whoever is running the Labcoin 'operation'.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII

There are 500mill middle class in China. If one in ten of them (every fifth couple) put 2k into btc that would push up market cap by 100billion.


this is stupid comment, considering the yearly wage in china is probably like 1500 dollars, so no you won;t get even guy in china  investing that much

Today, the mass middle class – with annual household incomes of between $9,000 and $16,000 – are dominant, accounting for 54 percent of all urban households; upper middle-class households, with incomes of $16,000 to $34,000, represent only 14 percent.

http://thediplomat.com/pacific-money/2013/05/30/half-a-billion-chinas-middle-class-consumers/

So it's you who has made the stupid comment I'm afraid. You are mixing in the earning of the rural poor with the urbanites which is very clearly what the topic of my post was. Infact the middle classes in China buy significantly more flat screen TV's and Laptops than everyone in the US.
legendary
Activity: 1050
Merit: 1000
I can't remember when I last received any divs? If I can recall my last received dividends was when BTCT was still operational, I had my public address set up but never received anything. Also I am thinking about selling my shares but where and how?
legendary
Activity: 1442
Merit: 1001
i think you are too optimistic ,ken still say nothing about the prototype chips。
He is not allowed to.

So in 5 years, when there is still no "Fast Hash Lightnin Money Makin Machinery", is he still going to hide behind the NDA?

5 weeks would be more like it
hero member
Activity: 532
Merit: 500
https://karatcoin.co
i think you are too optimistic ,ken still say nothing about the prototype chips。
He is not allowed to.

So in 5 years, when there is still no "Fast Hash Lightnin Money Makin Machinery", is he still going to hide behind the NDA?

I believe the "Fast Hash Lightnin Money Makin Machinery" model was discontinued.
full member
Activity: 383
Merit: 100
i think you are too optimistic ,ken still say nothing about the prototype chips。
He is not allowed to.
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