Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 97. (Read 771280 times)
January 22, 2014, 10:27:15 PM
Did we have an update today?
January 22, 2014, 09:42:06 PM
There won't be enough buyers until at least more specific news comes in and more than likely until we are hashing and delivering.
January 22, 2014, 09:11:18 PM
Which is more insane?
Investing and holding a stock in a company run by someone that constantly lies to you about the progress he is making on a product that he has no experience with OR believing that when the "stock" starts trading again there will be people more foolish than the current shareholders with money willing to take these shares off your hands?
Investing and holding a stock in a company run by someone that constantly lies to you about the progress he is making on a product that he has no experience with OR believing that when the "stock" starts trading again there will be people more foolish than the current shareholders with money willing to take these shares off your hands?
SHHHHH!!!!
Let the bulls pump the price so the rest of us can GTFO of this at a decent price.
January 22, 2014, 09:07:38 PM
Which is more insane?
Investing and holding a stock in a company run by someone that constantly lies to you about the progress he is making on a product that he has no experience with OR believing that when the "stock" starts trading again there will be people more foolish than the current shareholders with money willing to take these shares off your hands?
Investing and holding a stock in a company run by someone that constantly lies to you about the progress he is making on a product that he has no experience with OR believing that when the "stock" starts trading again there will be people more foolish than the current shareholders with money willing to take these shares off your hands?
January 22, 2014, 08:31:30 PM
Just added more funding to CT in case some panic happens
Excellent choice!
January 22, 2014, 08:23:48 PM
what about those of us who have shares on cryptostocks? when would we expect dividends? would these shares be transferred to crypto-trade?
bump 
January 22, 2014, 08:13:10 PM
Thats it pretty much. I dont see why shareholders rejoice. Difficulty is the biggest enemy and each month we start to mine later our profits are cut 50%. Each month.
Not if we sell chips. The higher difficulty goes the more that chips will be in demand. If difficulty stayed the same demand for chips would be very low.
Chips are the new shovels. And we have an excellent budget option on the way AND a top notch 28nm soon after.
I see your thought behind but its a thinking error. Its not a question of if we earn from mining + sales. Its if producing of miners is cheap enough to make a profit with mining. Selling miners to endusers happens when its profitable enough for them. Of course they pay mostly more than they should. Then the chips. A chip buyer first needs a miner design. Then he needs to assemble the miners. And for sure these miners will be more expensive at the end than the miners ActM can create at cost for selfmining. So when selfmining isnt profitable anymore for ActM then only customers that dont know how to calculate in bitcoin world would buy these chips. Assembling might be cheaper than buying complete miners but the problem is the point were this isnt profitable anymore.
Can we just give Ken a little credit for pursuing other avenues for a second? He knows what cost these chips are getting produced at and he obviously thinks there is a lot of money to be made otherwise he would have just waited for the custom 28nm from eAsic.
Let's just give the guy a break he is clearly doing everything he can to make this a success as an investor that's all you can ever ask.
Let's just give the guy a break he is clearly doing everything he can to make this a success as an investor that's all you can ever ask.
I hope thats sarcasm. Otherwise i wonder if you really await that ken magically exceeds the limits of technology by far.
January 22, 2014, 08:04:04 PM
Just added more funding to CT in case some panic happens
January 22, 2014, 07:59:06 PM
I just caught up on the thread, and thought I'd log in to repeat that I'm still full bull 
I'm not planning on selling any shares, but I hope that some paranoid neckbeard fleecing happens next week 
I'm not planning on selling any shares, but I hope that some paranoid neckbeard fleecing happens next week January 22, 2014, 07:41:27 PM
Yep Uyko's shares, part of the 10Mill and if Uyko had them he'd probablly be desperate for BTC and selling them himself for 0.0025.
So ken puting them at 0.01 is doing us no harm whatsoever.
So ken puting them at 0.01 is doing us no harm whatsoever.
You think he's actually going to sell any for .01? Of course not.
My prediction : He will keep lowering that price until he sells them. Watch.
I would love to sell my shares for 0.01 each. Unfortunately, I don't see it happening until we have proof of something.
January 22, 2014, 07:33:46 PM
...he'd probablly be desperate for BTC and selling them himself for 0.0025.
...
...
Calling .0025 "desperate" has a desperate quality all of its own
January 22, 2014, 07:28:41 PM
Yep Uyko's shares, part of the 10Mill and if Uyko had them he'd probablly be desperate for BTC and selling them himself for 0.0025.
So ken puting them at 0.01 is doing us no harm whatsoever.
So ken puting them at 0.01 is doing us no harm whatsoever.
You think he's actually going to sell any for .01? Of course not.
My prediction : He will keep lowering that price until he sells them. Watch.
January 22, 2014, 07:26:05 PM
Hey noot,
That happened a day early. Check back a few pages and you will come across the announcement from Ken and the discussion that follows. Ken made a few posts himself in that discussion.
https://bitcointalk.org/index.php?topic=297503.8120
That happened a day early. Check back a few pages and you will come across the announcement from Ken and the discussion that follows. Ken made a few posts himself in that discussion.
https://bitcointalk.org/index.php?topic=297503.8120
January 22, 2014, 07:16:30 PM
Is there going to be an update today?
January 22, 2014, 06:53:32 PM
Aren't these shares part of the original 10,000,000?
of course they are.
Yup they are Ukyo's shares.
January 22, 2014, 06:52:54 PM
Yep Uyko's shares, part of the 10Mill and if Uyko had them he'd probablly be desperate for BTC and selling them himself for 0.0025.
So ken puting them at 0.01 is doing us no harm whatsoever.
So ken puting them at 0.01 is doing us no harm whatsoever.
January 22, 2014, 06:52:05 PM
Aren't these shares part of the original 10,000,000?
of course they are.
January 22, 2014, 06:49:22 PM
Aren't these shares part of the original 10,000,000?
January 22, 2014, 06:44:37 PM
something about this seems completely wrong and illegal, just the way he's doing this
hasn't he ripped us off enough? Why does Ukyos problem become ours by devaluation of our shares?
hasn't he ripped us off enough? Why does Ukyos problem become ours by devaluation of our shares?
January 22, 2014, 06:36:03 PM
Something seems kind of rotten about allowing the CEO to be first in line to sell shares to ready buyers. That pushes the price down for us. The fair move would have been to just destroy the shares, then the vale distribution to shareholders would be automatic. So if this wasn't the move Ken made, then what exactly is he funding now?
Completely agree with the bolded line. Every share should have been on the exchange before any buying or selling took place. Ken should have then (if he must) sell the shares for the market value. Not these premium Pump values.
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