Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 87. (Read 771512 times)

LOL.

hak8or-

Why do you think?

Just by chance?

Maybe ACtM competitors are trying to disrupt the company? It can only be that really if you think about it.

+1

I vote we discuss this....



I would be very interested to hear Vince's thoughts further to his recent post about ActM being able to compete indefinitely.

Why is this thread a constant cesspool? It always, ALWAYS, devolves into the major players going at each other, while the rest of us are sitting here just waiting for news or new information. We would love some actual discussion, but instead we get such crap with people coming in and spouting their attacks on each other. Why can't they be done via PM? Or on twitter if you demand an audience? Hell, why are they even still allowed to post here!?

And it seems that for some reason this only happens in Active Mining threads, and much more rarely in Asic Mining threads.

My god.

Could some admin just lock this whole thread down for a week or so.
It would be a huge favour for all (except crumbs and a few other trolls).

Hey Vince. I know it's risky and you can get shot down for it  but would you like to share some of your 'maths' (i.e. mathematics) - or to be more correct, arithmetic - on this particular part of our day to day running costs?

Yes, so that the wall he has to create with these 232k doesn't interfere with early-days trading on the exchange.
But why change the subject so quickly crumbs/Eduardo. Trying to lay a false trail?

Actually Ukyo came on here of his own accord.

I don't understand why you think 106 BTC is inconsequential. It represents a huge asset to the business. We can turn 106,000 USD into hundreds of retail mining machines if their cost price from VMC is sub 500USD - which it should certainly be.

You don't seem to be concerned with the long-term picture for ACtM. Share trading is your No 1 priority and the future success is not even in your mind so you want to sell all of your shares ASAP.

So your hassling of Ken is not OK by me, you are a short-term speculator with no interest in the company.

Back on track...

Can I just point out that with a 28nm full custom ASIC - and 0.017c/kwh leccy, ActM can now compete indefinitely, which is awesome news.

Incorrect. It's not my figure.


'Financial Management

The date of these projection is December 5, 2013.

Estimated AMC 12 Months Projections:

AMC through VMC expects to sale 1 Million of its 28nm Bitcoin Mining Chips in 2014.  After AMC recoups its
NRE of ~1 Million dollars, then AMC expects to receive ~40 Million dollars in profits from its VMC subsidary payment in 2014'

These questions have actually been answered by Ken in the past few days. You are just not prepared to listen.

But keep hassling away. I'm sure  Ken has nothing better to do than read your posts all day.

you realize all this talk of Ukyo is exactly what Ken wants because it distracts from the actual problems at hand?  while he was always ready to talk about shares and quick to delete posts he didn't like he has never been good at providing information about what we should all be really worried about - chips.  we have a very loose timeframe.  we have no info or projections as to whether these chips will be profitable.  in fact we have Ken saying that he thought it was a good idea to start looking into that when I asked those questions in a previous post.  stop talking to/about/with/etc Ukyo.  100 btc is nothing compared to Ken, Minerpart and StuartUK's projections of $40 million dollars (though I personally believe that's a fantasy) so let's move forward.  Let's return to hassling Ken for more information about the actual business and when these shares will be available for trading.

So you want us to trust you? A multi-million dollar fraudster and financial criminal?

Anyone asking about the WeEx BTC - he sold it. He sold at what he mistakenly thought was the top of the market.

Now he has the USD to buy back maybe only half of the BTC he owes. But he is holding off incase BTC comes back down to where he sold it and he can buy it all back.

There is a BIG but - if he waits another month BTC could be even higher and he will be able to buy back even less of the BTC. And every month his position will get worse and worse.

That's probably why Neo are interested in him - it's a speculative position. They have taken onboard his FIAT and the deal will be if BTC falls to below where he sold they will buy back and distribute the BTC he owes and keep the remaining BTC as a fee. THey have their own market analyst and must think BTC has a chance of going back down. For this 'Ukyo deal' they must have agreed to put their own money in if BTC does go higher instead of down and they will then buy back enough BTC to pay off what Ukyo could today.

In other words if BTC comes down Ukyo wins by paying everyone back and Neo make a large fee. If BTC goes up past a specific target level Ukyo stays with the same BTC he could get today and pays that out while Neo lose their bet and have to payout from their own pocket to make up the shortfall in BTC.

Intellihash explained!

http://www.youtube.com/watch?v=RXJKdh1KZ0w

Uyko,

You are a thief and a liar.

You stole millions of dollars of peoples hard earned money and gambled it away on an exchange trying to play the market.

You stole that money and you are going to prison for this serious fraud.

You will be able to sell at that price before trading starts.

If you do, promise yourself to NEVER, EVER, check the price of ActM shares in the future otherwise you'll never forgive yourself.

Clearly crumbs, clearly ignored.

I'm just trying to get an idea about the price we might trade at soon once we go live.

I would love to sell around 0.0009btc (114,425 * 0.0009 = 102 Bitcoin)

Does anyone think that is too optimistic?

Asked a lot and never answered, I think you mean.