Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 465. (Read 771288 times)
October 14, 2013, 04:57:11 AM
What does the over 1M$ in sales mean for investors? The price of shares reacted after this announcement but now it's leveling. I would think this would have a bigger impact, but i guess this 1M$ isn't worth much?
October 14, 2013, 04:38:55 AM
Lets say that ActivingMining ends up not selling as many units as one would like. Couldn't Actm just use those unsold units to mine? It seems like a focus on selling units is short sighted if you actually trust that Actm will produce units that will exceed ROI.
Yeah I think that is all pretty obvious. It goes without saying. There is no focus only on selling, not sure where you get that from.
ACtM are going to both sell all the machines they can for instant income to reinvest and at the same time fill the mining farm up for longterm payouts.
this is great, assuming that Ken can move faster than a drunken sloth. Hope he takes all his meds..
Must be tough to be involved with you in real life... negative people are a total downer.
I don't discuss this dark world of bitcoin stocks with RL people. I skydive and am currently taking flight lessons, not shitting you, I also get out a lot and am quite the family guy.. my life is fun as fuck right now and I'm actually a nice guy to get a long with, ask anybody who knows me in person. Ken has forced me to break character on here, long time ago.
yeah, because everyone knows that if you don't get what you want, the optimal behaviour is to throw a fit and act like a spoiled child. Reason and debate in a civil tone is what sub-humans do, right?
October 14, 2013, 03:05:51 AM
Good to know we won't have to be super worried about the exchanges shutting down all over the place.
October 14, 2013, 01:14:22 AM
So is the $1.4M money that is received in hand (or already paid to easic or whatever) or is that the amount pledged with no commitment? That's a good number and I'm happy to see it, but I'd like to know what it means.
Also, very excited about both the exchange and the colored coin plan, next couple of months should be exciting!
Also, very excited about both the exchange and the colored coin plan, next couple of months should be exciting!
I remember Ken saying it was pledged with no commitment, I can't find exactly where he said that though.
October 14, 2013, 12:46:03 AM
So is the $1.4M money that is received in hand (or already paid to easic or whatever) or is that the amount pledged with no commitment? That's a good number and I'm happy to see it, but I'd like to know what it means.
Also, very excited about both the exchange and the colored coin plan, next couple of months should be exciting!
Also, very excited about both the exchange and the colored coin plan, next couple of months should be exciting!
This is a good question; i would also like to if this is money in hand, or just an orders placed. I believe we should find out tomorrow the 15th - hopefully.
October 14, 2013, 12:22:31 AM
So is the $1.4M money that is received in hand (or already paid to easic or whatever) or is that the amount pledged with no commitment? That's a good number and I'm happy to see it, but I'd like to know what it means.
Also, very excited about both the exchange and the colored coin plan, next couple of months should be exciting!
Also, very excited about both the exchange and the colored coin plan, next couple of months should be exciting!
October 13, 2013, 09:37:05 PM
Lets say that ActivingMining ends up not selling as many units as one would like. Couldn't Actm just use those unsold units to mine? It seems like a focus on selling units is short sighted if you actually trust that Actm will produce units that will exceed ROI.
Yeah I think that is all pretty obvious. It goes without saying. There is no focus only on selling, not sure where you get that from.
ACtM are going to both sell all the machines they can for instant income to reinvest and at the same time fill the mining farm up for longterm payouts.
this is great, assuming that Ken can move faster than a drunken sloth. Hope he takes all his meds..
Must be tough to be involved with you in real life... negative people are a total downer.
I don't discuss this dark world of bitcoin stocks with RL people. I skydive and am currently taking flight lessons, not shitting you, I also get out a lot and am quite the family guy.. my life is fun as fuck right now and I'm actually a nice guy to get a long with, ask anybody who knows me in person. Ken has forced me to break character on here, long time ago.
October 13, 2013, 08:21:25 PM
Lets say that ActivingMining ends up not selling as many units as one would like. Couldn't Actm just use those unsold units to mine? It seems like a focus on selling units is short sighted if you actually trust that Actm will produce units that will exceed ROI.
Yeah I think that is all pretty obvious. It goes without saying. There is no focus only on selling, not sure where you get that from.
ACtM are going to both sell all the machines they can for instant income to reinvest and at the same time fill the mining farm up for longterm payouts.
this is great, assuming that Ken can move faster than a drunken sloth. Hope he takes all his meds..
Must be tough to be involved with you in real life... negative people are a total downer.
October 13, 2013, 07:13:58 PM
Lets say that ActivingMining ends up not selling as many units as one would like. Couldn't Actm just use those unsold units to mine? It seems like a focus on selling units is short sighted if you actually trust that Actm will produce units that will exceed ROI.
Yeah I think that is all pretty obvious. It goes without saying. There is no focus only on selling, not sure where you get that from.
ACtM are going to both sell all the machines they can for instant income to reinvest and at the same time fill the mining farm up for longterm payouts.
this is great, assuming that Ken can move faster than a drunken sloth. Hope he takes all his meds..
October 13, 2013, 06:16:49 PM
Lets say that ActivingMining ends up not selling as many units as one would like. Couldn't Actm just use those unsold units to mine? It seems like a focus on selling units is short sighted if you actually trust that Actm will produce units that will exceed ROI.
Yeah I think that is all pretty obvious. It goes without saying. There is no focus only on selling, not sure where you get that from.
ACtM are going to both sell all the machines they can for instant income to reinvest and at the same time fill the mining farm up for longterm payouts.
October 13, 2013, 06:05:03 PM
How does one in the US currently buy shares? Is there an option right now?
Use a VPN tunnel, I can still buy and I am in the US using my VPN tunnel.
October 13, 2013, 05:55:51 PM
Lets say that ActivingMining ends up not selling as many units as one would like. Couldn't Actm just use those unsold units to mine? It seems like a focus on selling units is short sighted if you actually trust that Actm will produce units that will exceed ROI.
They take pre-orders, there is no such thing as unsold units.
Would it make sense for Actm to order units itself?
That is part of the plan:
ActiveMining is the natural evolution of two previous projects: Active Mining Cooperative (creating a bitcoin mining farm) and Virtual Mining Corporation (selling bitcoin mining hardware), that are now unified under the roof of ActiveMining.
AMC will be mining with cost-price units manufactured by their subsidiary VMC.
October 13, 2013, 05:34:23 PM
Lets say that ActivingMining ends up not selling as many units as one would like. Couldn't Actm just use those unsold units to mine? It seems like a focus on selling units is short sighted if you actually trust that Actm will produce units that will exceed ROI.
They take pre-orders, there is no such thing as unsold units.
Would it make sense for Actm to order units itself?
October 13, 2013, 05:31:02 PM
Lets say that ActivingMining ends up not selling as many units as one would like. Couldn't Actm just use those unsold units to mine? It seems like a focus on selling units is short sighted if you actually trust that Actm will produce units that will exceed ROI.
They take pre-orders, there is no such thing as unsold units.
October 13, 2013, 05:26:58 PM
Lets say that ActivingMining ends up not selling as many units as one would like. Couldn't Actm just use those unsold units to mine? It seems like a focus on selling units is short sighted if you actually trust that Actm will produce units that will exceed ROI.
October 13, 2013, 05:22:53 PM
How does one in the US currently buy shares? Is there an option right now?
Overthrow government.
October 13, 2013, 05:07:49 PM
How does one in the US currently buy shares? Is there an option right now?
October 13, 2013, 04:12:16 PM
EskimoBob: it is my understanding that pink sheets allows any company to go public without full financial statements and SEC approval.
What are the requirements there?
What are the requirements there?
Here is a good link for that infomation http://www.tcc5.com/gopublicconsultation.php
October 13, 2013, 03:22:37 PM
EskimoBob: it is my understanding that pink sheets allows any company to go public without full financial statements and SEC approval.
What are the requirements there?
What are the requirements there?
October 13, 2013, 08:02:22 AM
....
The only ones who find this clever are the "investors." Just about no one else gets fooled. If it walks & quacks like a duck, the courts call it a duck, no matter what *you* call it. Learn IRL, pl0x.
The only ones who find this clever are the "investors." Just about no one else gets fooled. If it walks & quacks like a duck, the courts call it a duck, no matter what *you* call it. Learn IRL, pl0x.
LOL Really? Our little troll is using "pl0x"?
http://www.urbandictionary.com/define.php?term=Pl0x&defid=2628875
3. pl0x
The absolute gayest way of saying "please", generally used by prepubescents in online games.
2. pl0x
A term used by n00bs, which is supposed to translated into 'please'.
BTW, Ken. Incorporating is not the problem. I, you and 1000 others can incorporate happily in UK or US etc and our little Ltd. be completely legal.
Problems start, when one investor wants to sell his shares to someone else. Read up on your local law, it's not complicated and is really straight forward.
from https://forum.litecoin.net/index.php/topic,6087.msg49426.html#msg49426
Quote
In UK, you can set up a Ltd (private limited company) and have as many shareholders as you want - good
Trading those shares is limited and plenty of paperwork is required (notary, local business registry etc) - bad news, trading is restricted by law.
There are few EU member states, where you can incorporate for 100+ EUR and get it done in 10 minutes... but you need a electronic ID card to sign the documents etc. With out this card, you have to do the full song and dace act at notary etc.
So, problem is not incorporating a limited liability Co but TRADING the shares.
In UK, they do not even care what currency is used. (LTC and BTC are NOT currency!)
Example: Lets say we get together and incorporate in UK and start a company, that paints apples, no problem. We can have 1000 "subscribers" or "members" (share holders), every name is on file, papers are in order and that is it. We are a legal entity.
We can upload our shareholders list to some database, have a fancy UI for processing dividends, sending out news to members etc. Not a problem.
Things get tricky when Mr Ian MacPennystock, who was not one of the original 1000, wants to buy shares in our happy Ltc...
In most countries, existing members/shareholder have the right to buy those shares before a third party etc. Members have to agree and give up the right for purchase. After every "trade"(change of ownership), papers have to be filed, notarized etc.
As you can see, this gets really annoying really fast and fees you have to pay ... forget it.
I personally think this is utter bull shit. Litecoin, Bitcoin and all the other coins should stay away form state run bureaucracy as far as possible. Wasn't that one of the original notions? Forget central authority, forget greedy banks and corrupt politicians and they scummy minions? What happened to "Hello freedom" and "we can self regulate"... etc
So, why are you all so desperate to fall in line and bend you knee to that same system we all wanted to free ourselves in the first place?
You know who are the biggest enemies of LTC and BTC? Those same fuckers in [coin name here] community who dream about making sure that gov and banks have full control - regulating it and turning it in to just another pile of shit owned by gov and banks.
WTF boys and girls? Seriously, wtf!
Trading those shares is limited and plenty of paperwork is required (notary, local business registry etc) - bad news, trading is restricted by law.
There are few EU member states, where you can incorporate for 100+ EUR and get it done in 10 minutes... but you need a electronic ID card to sign the documents etc. With out this card, you have to do the full song and dace act at notary etc.
So, problem is not incorporating a limited liability Co but TRADING the shares.
In UK, they do not even care what currency is used. (LTC and BTC are NOT currency!)
Example: Lets say we get together and incorporate in UK and start a company, that paints apples, no problem. We can have 1000 "subscribers" or "members" (share holders), every name is on file, papers are in order and that is it. We are a legal entity.
We can upload our shareholders list to some database, have a fancy UI for processing dividends, sending out news to members etc. Not a problem.
Things get tricky when Mr Ian MacPennystock, who was not one of the original 1000, wants to buy shares in our happy Ltc...
In most countries, existing members/shareholder have the right to buy those shares before a third party etc. Members have to agree and give up the right for purchase. After every "trade"(change of ownership), papers have to be filed, notarized etc.
As you can see, this gets really annoying really fast and fees you have to pay ... forget it.
I personally think this is utter bull shit. Litecoin, Bitcoin and all the other coins should stay away form state run bureaucracy as far as possible. Wasn't that one of the original notions? Forget central authority, forget greedy banks and corrupt politicians and they scummy minions? What happened to "Hello freedom" and "we can self regulate"... etc
So, why are you all so desperate to fall in line and bend you knee to that same system we all wanted to free ourselves in the first place?
You know who are the biggest enemies of LTC and BTC? Those same fuckers in [coin name here] community who dream about making sure that gov and banks have full control - regulating it and turning it in to just another pile of shit owned by gov and banks.
WTF boys and girls? Seriously, wtf!
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