Does Active Mining really need this 106 BTC right now?
Wasn't enough generated from the various IPOs?
Is there ANYONE who is prepared to buy shares of Active Mining for .01 right now?
If the CEO of Active Mining is waiting to sell all Ukyo's at the currently unjustified price of .01 (one day .01 will make sense, but not at the moment)
before transferring all our shares and reinstating full trading, we will be waiting until September, 2014.
The CEO should be focused on only two things right now, and neither of them is reading and deleting posts on here.
Those two tasks should be:
1) Getting trading re-started
2) Getting finished mining rigs completed
Anything else is a waste of energy, time and resources, both human, financial and technical. Ukyo's shares are not the problem, they are merely another distraction and excuse to do what is right and should come next.
Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 74. (Read 771280 times)
January 28, 2014, 11:40:43 AM
January 28, 2014, 11:28:12 AM
ok, maybe it's too early for insults but my point is still valid
I removed my post and respect to you for amending yours.
It is really difficult to hold it together all this time when we look around the Bitcoin space and see the progress that is being made, the speed of developments and the staggering increase in difficulty factor. I'm holding high hopes for this weeks update and expect nothing less than a firm date for trading to commence and more light to be shed on the 55nm chips.
January 28, 2014, 11:23:22 AM
3. Are you (CEO) really trying to sell Ukyo's shares for .01 before you reinstate trading for the rest of us?
The CEO is recovering important company funds. Without company funds the company fails and all our shares are worthless.
So obviously it's more important for all of us to have the 106BTC back on the balance sheet than have speculative trading resuming. Speculative trading does nothing for the long-term holders of ACtM shares and to prioritise that over company funds could mean long-term shareholders lose while speculators win.
I am not saying the listing of shares should be delayed, but that this unintentional delay (caused by the logistics of getting all the tendered shares up) does not do shareholders any harm - infact it benifits the company coffers and so benifits the future value of the shares. If ACtM is strong the shares will be strong.
Now that is all academic because so far Ken has raised less than 1 BTC from this listing.
January 28, 2014, 11:15:14 AM
He is intentionally denying people the ability to trade their shares, while he trades for his own benefit.
errr I can't see how Ken recouping ACtM's lost 106,000 USD is him 'trading for himself'. You've been told enough times that this is ACtM money and that it will be going onto the ACtM balance sheet.
January 28, 2014, 11:08:13 AM
Tomorrow is weekly PR day.
We hope that the following issues get addressed in the weekly crumbs of information for which we all scramble:
1. When will the transfer of shares be complete?
2. When will trading begin again?
3. Are you (CEO) really trying to sell Ukyo's shares for .01 before you reinstate trading for the rest of us?
The difficulties the other mining companies are having are a blessing for us, but we cannot rely on the problems of other companies to save us.
4. What the is ETA for transfer of share to be complete and trading to begin?
Remember, Active Mining still has a chance of being a great company and making us all lots of money, but only if the CEO takes some simple advice and meets his obligations to the shareholders.
We hope that the following issues get addressed in the weekly crumbs of information for which we all scramble:
1. When will the transfer of shares be complete?
2. When will trading begin again?
3. Are you (CEO) really trying to sell Ukyo's shares for .01 before you reinstate trading for the rest of us?
The difficulties the other mining companies are having are a blessing for us, but we cannot rely on the problems of other companies to save us.
4. What the is ETA for transfer of share to be complete and trading to begin?
Remember, Active Mining still has a chance of being a great company and making us all lots of money, but only if the CEO takes some simple advice and meets his obligations to the shareholders.
January 28, 2014, 11:05:14 AM
ok, maybe it's too early for insults but my point is still valid
January 28, 2014, 10:54:53 AM
Interesting CoinTerra update via Reddit post: http://www.reddit.com/r/BitcoinMining/comments/1waoos/cointerra_hot_air_update_engineering_and/
TL;DR CoinTerra is having problems.
TL;DR CoinTerra is having problems.
TL;DR CoinTerra is communicating the problems they're having.
January 28, 2014, 10:33:27 AM
Damn... so i thought i will finally be able to trade shares and then Ken comes up with the idea he has to get 106 Bitcoins from ukyo's shares. Judging from the time these shares are bought it will take ages until Ken has his money. Till then it doesnt make sense letting us trade because that instantly would stop his ability to sell these shares at 0.01BTC. Great Situation.
I keep asking myself this question..
why did i invested in (at that time it appeared to be) a professional and well managed company that now turned out to be a mess totally manipulated by the CEO? this is the worst investment I've ever made! I could multiply my bitcoins 55 times over by now!!
oh right.. you are selling ukyo shares to recover your 106BTC ok and you still keep our shares hostage fine but what about people that been waiting a long time to get out
January 28, 2014, 10:23:40 AM
Makes sense, thank you.
January 28, 2014, 08:11:30 AM
Who is selling into the high buy orders? 
ken with ukyo shares
January 28, 2014, 07:56:01 AM
Who is selling into the high buy orders?
January 28, 2014, 03:43:14 AM
Cointerra is over 1w/GH - this is good news for us... 55nm bitfury chips are more efficient than cointerras 28nm
January 28, 2014, 01:03:03 AM
Interesting CoinTerra update via Reddit post: http://www.reddit.com/r/BitcoinMining/comments/1waoos/cointerra_hot_air_update_engineering_and/
TL;DR CoinTerra is having problems.
TL;DR CoinTerra is having problems.
Underperforming units with 20% increased power draw is pretty shitty
January 27, 2014, 09:55:34 PM
It will take years to get 106 BTC from those shares on CT.
No it won't, and no matter how many times you post this you will still be wrong.
Ken could drop the price to raise the 106 btc.
The share value could climb to 0.01 and the shares would sell.
The volume on CT will increase when ActM shareholders are able to trade.
Roger that.
January 27, 2014, 09:52:37 PM
Lead miner at Eligius is at 500 TH/s. The mining rigs that this entity has are the sloppiest miners around, completely unable to remain stable, but they work.
http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX
I would guess this is Luke Jr.'s rig(s)http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX
I'm veering off-topic, so... that is all.
January 27, 2014, 09:46:52 PM
Hiya!
I hope you guys don't have your hearts set on trading any time soon. Ken didn't promise you that you'll be trading within a week the last time he broke radio silence.
No.
He promised that he'll *START* moving your shares in a week,
Ken is a perfectionist. Can't rush perfection. No telling when he'll be finished
That silver-tongued devil!
I hope you guys don't have your hearts set on trading any time soon. Ken didn't promise you that you'll be trading within a week the last time he broke radio silence.
No.
He promised that he'll *START* moving your shares in a week,
Ken is a perfectionist. Can't rush perfection. No telling when he'll be finished
We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.
We will start moving Investors shares to Crypto-Trade within the next 7 days.
We will start moving Investors shares to Crypto-Trade within the next 7 days.
That silver-tongued devil!
January 27, 2014, 09:45:35 PM
It will take years to get 106 BTC from those shares on CT.
No it won't, and no matter how many times you post this you will still be wrong.
Ken could drop the price to raise the 106 btc.
The share value could climb to 0.01 and the shares would sell.
The volume on CT will increase when ActM shareholders are able to trade.
January 27, 2014, 09:34:19 PM
It will take years to get 106 BTC from those shares on CT.
No it won't, and no matter how many times you post this you will still be wrong.
Ken could drop the price to raise the 106 btc.
The share value could climb to 0.01 and the shares would sell.
The volume on CT will increase when ActM shareholders are able to trade.
January 27, 2014, 09:23:53 PM
It will take years to get 106 BTC from those shares on CT.
Not after we tapeout our 28nm and the 55nm chips start rolling in...
January 27, 2014, 09:14:15 PM
It will take years to get 106 BTC from those shares on CT.
Not after we tapeout our 28nm and the 55nm chips start rolling in...
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