Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 83. (Read 771512 times)

Crypto-Trade daily volume -> 1.57 BTC.

Whelp, drawingthesun's vote rounds this out.  The entire Active Mining Mensa chapter is now in agreement - Ken's smart and business savvy.
Drawing, could you remind me who "invested" his entire retirement fund in a elderly alcy from Missouri?

*But i'm happy to hear my post helped - I'm here to console and comfort those once blinded by greed and now stricken with grief.

This is a quality post and many people here are mistaking you for the troll 'Crumbs'.

I have heard good things about Ken, the only bad things are from VE or the trolls. I have had a lot of private correspondence with Ken and he comes across as smart and he is on the ball with the company. I only have one major issue with Ken and that is transparency, I hate being in the dark.

However recently he has been very forthcoming and I appreciate it.

Also I really hope Ken allows us to trade on CryptoTrade and convert those shares to ColouredCoins at a later date.

@breadcrumbs I think people just have you on ignore. Your username is very similar to a very infamous "crumbs" whose account was banned back in December, (or was it January?) and he has been making alt accounts weekly ever since. No one thinks you are making any personal attacks, atleast I haven't. If you check my post history you will see that I am all for pressuring Ken for answer as his lack of communication has been infamous (too) in the past. Though he has recently opened up a little more than usual (which is definitely good).

Nothing I have written is meant to be a personal attack.

I have been in contact with some people who have known and met the CEO of Active Mining before he became involved in Bitcoin and they all say he is a great guy, a smart guy.

The issue is that there is no mining happening, there are no dividends being paid out, and there are no shares being traded.

The issue is that some of you seem to enjoy defending the failures and delays of Active Mining in the face of the lack of any results.

If Active Mining does finally produce its own miners and trading is happening no one will be more happy than me.

But, until such time, the CEO of Active Mining should be pressured to answer the essential questions.

And, until that time, some of the cheerleaders should step back and be more honest and realistic and less delusional.
Hope is lovely, delusion is disgusting.

True, it's just fraud.

Nice post Jo. 

Try not quote the trolls so much, thanks.

Probably someone who bought at .006 or .01

There is a new sell order on CT. 41 shares at 0.009.

Ken testing the waters?

So then that means this isn't a ponzi scheme.

Usually a ponzi scheme will pay out people with other peoples incoming funds. This one is just taking money from everyone and never paying a thing. Brilliant!

I am giving him to Q2 to have actively started paying down the .0025 a share. Otherwise that means he has gone a full year with our money living off of it without creating a product.

He says we have 55nm chips taped out and chips expected in Q2 so I am going to take this at face value and hold him to it. He said we should have shares  on the sight by Tuesday Jan 28th, so I am going to hold him to this. He says we have 28nm being worked on in unison so these chips should be coming to us by Mid Q3 (this is the latest I am accepting).

I can understand that this is a new company, you need to feel your way through the first year and the first few projects. Mistakes happen, I can accept this. I don't expect the .0025 to be paid fully by September 25th but I do expect us to have received a substantial part of this payment by then.

I do not think stacking unnecessary pressure, worrying about Ukyo, insulting Ken (or others) or screaming scam, failure, etc.. is a something that should bog up this forum.

I think every time Ken comes on here he should see our concerns and see that they are not going away. But threats against him, insults about him, screaming about how the competition is better is not doing anyone a favor. Everyone here knows about the competition, we know what they are offering and we have decided to stick with Active Mining for a reason.

Just saying everyone that knows or knows of Ken thinks he is a gem.  Not one bad thing was said about him, and everyone knows of the troubles here, and its a little embarassing how some people act.  So lets move on from personal attacks.  But guys there are soooo many ideas and things in the pipeline its going to be great either way.  Cheers yall.  Time to buy some beer in btc

The financial reports provided by the CEO of Active Mining were incomplete and actually quite vague.

If 55nm chips have been taped out, when will finished machine be produced, mining and delivered?

The engineers the CEO of Active Mining recently hired were introduced to him recently by someone who was a recent arrival to this thread.

It took someone outside to get Ken to hire new engineers.

While we are happy he finally did it, the problem is that if the CEO requires THAT MUCH assistance and external motivation to do what he should have been doing all along, either we need to keep motivating Ken or we need to accept that the CEO is incapable of managing this project on his own.

The potential for Active Mining is very great. And, that is why it would be a great tragedy if it does not succeed.

And that is why the pressure should be maintained. It seems that when the pressure is kept up, the CEO of Active Mining actually performs better.

The difficulty has gone up in the last couple of days. The longer it takes, the less the value of any chips produced. On the other hand, all mining companies are affected by the increase in difficulty.

If the .0025 a share has not been paid out by September 1, 2014, what will you all say?
When is it too late? February, March, April, May, June, July, August, then September.

1. When will live trading of the shares transferred from Bitfunder and that other exchange be finalized?

2. When will Active Mining be producing miners and mining on those machines?

3. When will dividends begin to be paid out?

Those are the only questions which are important and they seem to remain unanswered.

Simple rule - do not alter peoples quotes.


ACtM is a public company?

I mean is that supposed to be news? Do the shareholders who bought on an open exchange..I mean has anyone told them? 10Mill publicly held shares and you say this is a public company? Amazing news.

I guess IPO...does the P mean 'public'?? Amazing.

EDIT: I believe if Ken was running a regulated public company he would have 12months from the date he first sold a share to publish his annual accounting report?

I altered your post to elaborate on what the question meant and what my answer meant. You altered my post to make me look foolish. But I forgive you, anyways. Knc and HashFast are both private, they have no shareholders. Now if Ken calls this a public company with shareholders then he has an obligation to audit it. Every other public company on this planet gets audited, this is precedent and it is law. Now if Ken is honest with what he is saying (which is very doubtful following the last two months) then an audit will only help him.

I have said it before but I think I will have to say it in every comment so people don't think I am some sort of troll. I have shares in this company and I believe that it will succeed.

He added the fact that Active Mining is a public company.  Though most people could be counted on to infer that from Somestranger's post, you are a wildcard...  Seriously though, how old are you?  Just the ballpark, older or younger than 15?

Lost of cool stuff coming out soon at the miami BTC conference.   Ill be tweeting most of it as it happens....follow me @bitcoinmillion1 or #bitcoinmiami

I alter your quote because you altered mine. It's not an insult is it? It is to show the absurdity of your alteration. If you don't like it don't do it yourself.

Slinging insults is not going to get your point across.