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Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 10. (Read 223334 times)

sr. member
Activity: 266
Merit: 250
I think Ken should remove 0.0025 btc road block,  rather spread that many shares at different price levels  Huh

Actually, they should lock down the trading entirely so you can buy ONLY buy shares form issuer at fixed price - 0.0025. And nothing else.
Why? Because trades between  speculators below IPO price add exactly ZERO btc to Co's purse or to be more precise, to your purse, dear share holder.
Allowing secondary trading while IPO is still in progress is kinda retarded. It undermines issuer and guess what... you, who hold the shares in the Co.

IPO has one goal, raise coin for the Co so it can build the business promised to shareholders (new and old). What happens after the IPO with the share price, is somewhat irrelevant to Co at this point of time.

Yes but this is a unique situation which Ken has created as a direct response to shareholder requests and has been formulated with the AMC community onboard. It would not be helpful for Ken to freeze transactions below IPO and shareholders would rightly object. The company has value we will be past IPO levels very soon.
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
NRE? LOL... something to do with NRO and rupees? Sorry, I do not to banking in India so wtf is NRE?

That's a nice rock you live under.

Bargraphics, must be a big day for you, recognizing a acronym after googling. God job, boy. LOL  Kiss

LOL its all in good fun man!   Wink
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
NRE? LOL... something to do with NRO and rupees? Sorry, I do not to banking in India so wtf is NRE?

That's a nice rock you live under.

Bargraphics, must be a big day for you, recognizing a acronym after googling. God job, boy. LOL  Kiss
newbie
Activity: 49
Merit: 0
Shares all transferred now! Thanks for dealing with it so quickly Ken.
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
NRE? LOL... something to do with NRO and rupees? Sorry, I do not to banking in India so wtf is NRE?

That's a nice rock you live under.

LOL go easy!

http://lmgtfy.com/?q=NRE

Is your friend!
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
NRE? LOL... something to do with NRO and rupees? Sorry, I do not to banking in India so wtf is NRE?

Doh!  Grin

Non-recurring engineering (NRE) refers to the one-time cost to research, develop, design and test a new product.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
NRE? LOL... something to do with NRO and rupees? Sorry, I do not to banking in India so wtf is NRE?
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
I will be changing the wall in ActiveMining to ~100,000 shares.

Sorry just waking up from a long night of celebration, haven't caught up yet so if this has been answered I apologize.  What is the reasoning and/or strategy with reducing the wall now? 
Vbs
hero member
Activity: 504
Merit: 500
I'd say change it to the minimum amount needed to cover the NRE costs that are not yet covered, considering the current USD/BTC price.

Only speculators benefit from higher prices, the important is for the NRE to be paid asap.
hero member
Activity: 560
Merit: 500
I will be changing the wall in ActiveMining to ~100,000 shares.

Ok ,Please dont forget do the same on btct too  Wink
sr. member
Activity: 476
Merit: 250
I will be changing the wall in ActiveMining to ~100,000 shares.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
I think Ken should remove 0.0025 btc road block,  rather spread that many shares at different price levels  Huh

Actually, they should lock down the trading entirely so you can buy ONLY buy shares form issuer at fixed price - 0.0025. And nothing else.
Why? Because trades between  speculators below IPO price add exactly ZERO btc to Co's purse or to be more precise, to your purse, dear share holder.
Allowing secondary trading while IPO is still in progress is kinda retarded. It undermines issuer and guess what... you, who hold the shares in the Co.

IPO has one goal, raise coin for the Co so it can build the business promised to shareholders (new and old). What happens after the IPO with the share price, is somewhat irrelevant to Co at this point of time.
hero member
Activity: 560
Merit: 500
I think Ken should remove 0.0025 btc road block,  rather spread that many shares at different price levels  Huh
member
Activity: 119
Merit: 10
Stop buying AMC you idiots. Buy ActiveMining.

10k amc sold for 0.003...
This is why it's so absurdly easy to make money trading bitcoin securities. People have no idea what they're doing! They probably just saw the price going up and decided to buy. It's like taking candy from a baby. I already tendered all my shares but I'd sure as hell sell some marked up AMC shares.

Perhaps for many it is more the fact they believe in the Bitcoin concept and want to support it knowing it is also a sound long term investment. 

Cocksure arrogance doesn't serve well, but best of luck to you.


Buying less valuable shares at a markup doesn't show support for bitcoin, it just puts money in the pockets of a few traders. It's just another instance of money flowing from the pockets of dumb people to those of the slightly more clever.
Cocksure ignorance is a quick recipe for losing money,
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
Stop buying AMC you idiots. Buy ActiveMining.

10k amc sold for 0.003...

I don't see any selling for .003 and it's impossible on btct, which exchange?

https://bitfunder.com/asset/AMC
full member
Activity: 127
Merit: 100
Stop buying AMC you idiots. Buy ActiveMining.

10k amc sold for 0.003...

I don't see any selling for .003 and it's impossible on btct, which exchange?
full member
Activity: 196
Merit: 100
On a related note I tendered some more shares for ActM shares today, forgoing the possible short term profit I could have made from flipping them. I believe that holding long term is going to be far more profitable. I hope Ken gets to them soon! Grin

Got them! Thank you for the quick turnaround Ken Grin
full member
Activity: 196
Merit: 100
I don't know how often dividends will be, but if it is weekly then this is better than AsicMiner which was .5% while AMC was .7%

Is it true anyone can buy AMC at .0025 until the end of July and transfer to ActM for free?
It is. Check post #3 of the ActiveMining thread for the details Smiley
full member
Activity: 127
Merit: 100
I don't know how often dividends will be, but if it is weekly then this is better than AsicMiner which was .5% while AMC was .7%

Is it true anyone can buy AMC at .0025 until the end of July and transfer to ActM for free?
full member
Activity: 238
Merit: 100
aaaaaaaand volume has come to a standstill, only 100 shares bought in the last 3 hours on btct
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