[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 450.

coinfresh

member

Activity: 88

Merit: 10

Quote from: knybe on October 20, 2013, 09:50:20 AM

I DIG how all these noobs in here with join dates like July 2013 are so experienced with "manning up" about bitcoin related securities.

really puts the C in confidence...

It doesn't matter when I started posting. For you to look at that as in indicator in your confidence shows that you pay attention to all the wrong things. You can't whine, bitch, and moan when you don't get your way after you invested in a fortune 500 company. Why do you think this is any different? Because you used your precious bitcoin, it entitles you to constant updates from the CEO? Get out of here.

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

I DIG how all these noobs in here with join dates like July 2013 are so experienced with "manning up" about bitcoin related securities.

really puts the C in confidence...

coinfresh

member

Activity: 88

Merit: 10

It's like a cycle. Every few weeks this happens. Someone demands updates and then more people demand updates and when Ken doesn't give exactly what is wanted the fud starts spreading. Like someone said earlier, man up and accept what you invested in. If you don't like the way the updates are handled, nobody is stopping you from selling your shares. Ken is not here to hold your hand and tell you everything is going to be OK. He's trying to get shit done.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

Let's find out shall we?

I hope Ken and all of you understand that happy shareholders means a happy message board and prospective hardware buyers like reading all things positive. Wink

Message sent as PM..

- - - - -

Hi Ken,

Are there any words you can offer to help quell the frustrations of shareholders at present?

If you are able to share anything regarding our progress without revealing commercially sensitive information or breaking the NDA, it would go a long way in restoring confidence.

I'm sure you are aware of the loyalty that these guys have shown and the belief the majority still have in you, and would ask that you give this request serious consideration.

Here's a couple of things to consider.

1) Do you have any timelines you can share regarding the chips?
2) Is there anything you can say about how the development/production process is progressing?
3) Can you explain why you are so confident that the exponential rise in difficulty is not going to end this companies ambitions to create a profitable mining farm.

Cheers,

zumzero

stereotype

legendary

Activity: 1554

Merit: 1000

Oddly, from where im sitting, i think Ken could have trumped crumbs, on the FUDster scale.

Also, does silence count as FUD?

Stuartuk

sr. member

Activity: 266

Merit: 250

Agree 100%. These peoples dreams are getting in the way of their reason. I've been around long enough to realise that it isn't easy to make money. Its bloody hard. Thats why the rich are in the minority.

Look at Ken, he's been around the block, he's been through the hard times before. We've seen his house he's done OK for himself as a businessman. But he's not done so well as to have lost his fight. He is still a battler, a grafter, and he too knows that it isn't easy to create success in this world. If you have realistic attitudes to life you realise you need to give success space to flourish - it takes time as well as a relentless work ethic.

ACtM will be here this time next year, it may still be around in five years. Ken will not dump and run like the other pussies and con-artist who dominate this business. Your investment is in safe hands. That is a fact. Now everyone who doesn't agree can you sell your shares and f off to neobee. Best of luck with that one.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

I am getting really sick of the tears. Please just man up and accept what you're involved in. And for those of you unable to use your own initiative and think for yourselves, I'll send Ken a nicely worded PM so I can report back to you so I don't have to listen to this anymore. The fudsters are loving this and we are playing right into their hands and bringing more damage to this company. How many pre-orders lost from all these pages of nonsense because of panicing shareholders who can't just button it? You really think all this 'I want it now!' whinning is helping anything? Makes me sick really because YOU are the real damage here! No-one else, and bALLBREAKER, crumble and VE are laughing their tits off right now. They are getting paid and we are doing their work for them!!!

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: drawingthesun on October 20, 2013, 04:08:45 AM

Quote from: zumzero on October 20, 2013, 04:04:21 AM

How about a coordinated fud attack by those who are being paid by our competitors to undermine this company?

Let me surface and get a cuppa and I might give your challenge some effort.

I am not being paid by a competitor, as I am one of the top 30 investors I want this company to succeed.

I want to know if there are delays in the chips, how much dividends will the sample chips provide and so on. Ken ignores all questions about the ASIC processors.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: zumzero on October 20, 2013, 04:04:21 AM

How about a coordinated fud attack by those who are being paid by our competitors to undermine this company?

Let me surface and get a cuppa and I might give your challenge some effort.

I am not being paid by a competitor, as I am one of the top 30 investors I want this company to succeed.

I want to know if there are delays in the chips, how much dividends will the sample chips provide and so on. Ken ignores all questions about the ASIC processors.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

How about a coordinated fud attack by those who are being paid by our competitors to undermine this company?

Let me surface and get a cuppa and I might give your challenge some effort.

wasubii

sr. member

Activity: 448

Merit: 250

Quote from: 4ju5tice on October 20, 2013, 01:16:59 AM

We have a lot of competition out there, and it's serious competition. Things aren't as bright as they were months ago when a lot of us started investing in this. You need to realize that in this sort of environment, any information that Ken shares about whats going on would be another disadvantage to ACTM. Our competitors do read this thread. I know I would want to know the intricate details of ACTM's plan if I was a competitor.

TL;Dr: In tough environments, it's not very smart to be telling all of your competitors everything.

That is a very weak argument.

What could our competitors possibly do given the information that our chips were about to land? Make theirs more quickly? Like they aren't trying to make them as fast as possible anyway?

I challenge anyone to come up with a hypothetical situation whereby a confirmation from Ken of the chip production schedule helps our competitors to compete with us.

Go.

4ju5tice

member

Activity: 111

Merit: 10

We have a lot of competition out there, and it's serious competition. Things aren't as bright as they were months ago when a lot of us started investing in this. You need to realize that in this sort of environment, any information that Ken shares about whats going on would be another disadvantage to ACTM. Our competitors do read this thread. I know I would want to know the intricate details of ACTM's plan if I was a competitor.

TL;Dr: In tough environments, it's not very smart to be telling all of your competitors everything.

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: drawingthesun on October 19, 2013, 11:14:44 PM

Quote from: Vigil on October 19, 2013, 10:57:20 PM

I don't think he will make an announcement about the sample chips until he has them up and running.

Ken can at least admit they have been delayed.

Also how much hash power does the sample chips give? If its 500Gh/s for the entire sample batch then its not going to help us, we still have to wait till December to get real hashing power and by December the chips will be lucky to be 5% of their effectiveness assuming we got all the chips today.

December?? Yeah let's just start pulling numbers out of our ass. "5% of their effectiveness" what does this even mean? Difficulty is not going up 2000% in one month, buddy.

wasubii

sr. member

Activity: 448

Merit: 250

Quote from: Vigil on October 19, 2013, 11:40:01 PM

Quote from: drawingthesun on October 19, 2013, 11:14:44 PM

Quote from: Vigil on October 19, 2013, 10:57:20 PM

I don't think he will make an announcement about the sample chips until he has them up and running.

Ken can at least admit they have been delayed.

Also how much hash power does the sample chips give? If its 500Gh/s for the entire sample batch then its not going to help us, we still have to wait till December to get real hashing power and by December the chips will be lucky to be 5% of their effectiveness assuming we got all the chips today.

Do we really know that they have been delayed? I think the thing the issue has more to do with the unexpected increase in hashing power rather than delays to chips, doesn't it? We can't really confirm that anything is late, as of yet.

We cannot confirm anything because we are not being given any information on the chips. Nobody knows except Ken, and Ken seems to ignore all questions on it.

Cue the FUDsters and trolls to fill the void....

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: drawingthesun on October 19, 2013, 11:14:44 PM

Quote from: Vigil on October 19, 2013, 10:57:20 PM

I don't think he will make an announcement about the sample chips until he has them up and running.

Ken can at least admit they have been delayed.

Also how much hash power does the sample chips give? If its 500Gh/s for the entire sample batch then its not going to help us, we still have to wait till December to get real hashing power and by December the chips will be lucky to be 5% of their effectiveness assuming we got all the chips today.

Do we really know that they have been delayed? I think the thing the issue has more to do with the unexpected increase in hashing power rather than delays to chips, doesn't it? We can't really confirm that anything is late, as of yet.

Besides, difficulty increase has to start leveling-off at some point, otherwise it is going to infinity.

wasubii

sr. member

Activity: 448

Merit: 250

Quote from: drawingthesun on October 19, 2013, 10:45:08 PM

Quote from: drawingthesun on October 18, 2013, 08:46:23 PM

Ken can we have an update about the miners please? I hope we have sample chips hashing and paying dividends very soon.

4 Pages go by and Ken replies to certain posts that are less important than my question.

Ken please reply, are we on track to be mining within the next few weeks or has eASIC been too slow? How long will we wait until mining? Months? January before the first sample chips?

Ken, can you at least acknowledge this question that has been asked countless times. Even a 'I would love to answer that BUT I cannot due to NDA' would be better than just ignoring it time and time again...

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Vigil on October 19, 2013, 10:57:20 PM

I don't think he will make an announcement about the sample chips until he has them up and running.

Ken can at least admit they have been delayed.

Also how much hash power does the sample chips give? If its 500Gh/s for the entire sample batch then its not going to help us, we still have to wait till December to get real hashing power and by December the chips will be lucky to be 5% of their effectiveness assuming we got all the chips today.

lobbes

full member

Activity: 240

Merit: 101

Quote from: Vigil on October 19, 2013, 10:57:20 PM

I don't think he will make an announcement about the sample chips until he has them up and running.

I agree. I would assume any details of the progress are under NDA. But, I would also think that giving an updated time-frame to completion shouldn't be an issue.

Vigil

sr. member

Activity: 378

Merit: 250

I don't think he will make an announcement about the sample chips until he has them up and running.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Also if anyone is interested and not regularly checking up on Bitfunder here is some news: there are now large sell walls forming, probably because of Ken's reluctance to answer any question about the ASIC chips we bought and how delayed they are.

Quote

151,940 ฿0.00102999

Unless this guy moves, we are never going above 0.00103 again.

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 450. (Read 771288 times)