Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 100. (Read 223316 times)

Any idea how many shares will be issued on btct? Will it be the same price at .0025BTC

YES 4 / 0 NO    (1 ABSTAINING )

I can confirm with 100% certainty that someone definitely executed an option (and made a killing, at that).

No matter what happens, whether AMC succeeds in developing its own miners and establishes a mining farm that results in consistent substantial dividends for shareholders and the individual share price shoots up higher, or if AMC shares drop to some low, there will be some people who complain.  They will complain because the price shot up and they did not have a chance to send fiat to their favorite BTC exchange in time, and while waiting for the funds to get to their exchange the price moved up. Or, they will complain that they expected the price to go up continuously but by the time they bought into AMC, the price stabalized, or dropped a little.  My point is, with financial instruments, past performance does not correlate with future performance.

Some people took big risks in buying AMC a month ago. Some of those people are selling now and they have a right to take profit. Other people who bought at .0005 are holding their shares. Bitcoin is risky. Don't except that Ken, AMC, Bitcoin, Friedcat, or the bitcoin world owe you a return. So far, I have lost money and gained money, and most of it was not from brilliant investing but was from luck.

I am saying all this, because I want to address the complaints that are likely to appear on this thread if AMC price shoots up higher and some folk are not able to buy shares now, or if they buy at some high and then AMC price takes a profit correction.  Personally, I believe in the long term potential of AMC and will be holding on to the shares I have bought. And, when AMC begins to sell their own Fast Hash miners, I may buy one. Just, please, don't complain and understand that risk is always involved in any investment, especially a bitcoin investment, and no one owes you should your investment yield a loss.

Straight from the bitfunder description:

I'm along for the ride, the purchase at 0.0005 hasn't failed me yet...

Shareholders of AMC, please at this time don't undercut ken.

This is a cruicial step for AMC, and each share ken sells means 1 step closer to great success.

When you undercut ken now selling at 0.000001BTC below 0.0025, your short gains/flip will only hurt you as a shareholder and AMC as a whole in the long run.

There will be 5million shares available that Ken can play with. It might be difficult to judge how much interest there is in AMC on BTC-TC. So my best bet is that a sizeable amount of shares will be release after approved (available at the current price on BitFunder, or maybe a floating price that moves with the price of BitFunder's) to see how much interest there is, and up the amount available if necessary. This is all speculation.

I'll change my stance to: AMC will probably release an equal amount of shares of whatever is left to buy on Bitfunder. So if 1 of the 2 million shares have been bought, he will release 1 million on BTC-CT, since that is what he needs to pay for the NRE.

Ok this is my new stance. From BTC-TC:



It looks like we had 1520 BTC on hand at the beginning of June.

The reinvestment fund of 20 million shares has received so far:

2013-06-26	฿0.00000080    * 20, 000,000 +
2013-06-19	฿0.00000101    * 20, 000,000 +
2013-06-12	฿0.00000077    * 20, 000,000 =	56.6 BTC

1520 BTC * $103 = $156,560
56.6 BTC * $103 = $5,314
= $156,560 + $5,314
= $161,864 this does not include dividends from the 15 or so million early adopter shares that had not sold at the time

Ken has release 2 million shares on BitFunder @ 0.0025, worth:
5000 BTC * $103 = $515,000

After selling all 2 million shares. AMC will have:
$161,864 + $515,000 = $676,864

Now let's look at the shareholder's list:

So:

As to this line:

1,005,641 * .0008 = 804.5128BTC * $103 = $82,864
$676,864 + $82,864 = $759,728.81

That put's us shy of $1,000,000 by about:
$1,000,000 - $759,728.81 = $240,271.19

After selling all 2 million shares, AMC still needs at least $240,271.19 / $103 = 2332 BTC -> 932,800 shares of AMC @ .0025

I foresee BTC-TC getting at least 1 million shares issued to them.    

Update: YES 3 / 0 NO    (1 ABSTAINING )

Yes.

The 2 million share selling on BF is from Ken?

Someone executed an option. Read this:


Moved this section to a new post.

Considering the real dividends won't start until we're mining on our own equipment and selling hardware.

just to put it in perspective, I put equal amounts into AMC and AM and AM pays about 4 times more in dividends, so it's not that bad . With next week dividends being almost double, its only half in dividend returns so it isn't hard to believe

AMC Dividends Paid ฿0.00000080/share

This was a little low as we had nine shifts in a row with bad luck.  This
should get better this next week.  Also, we now have 6 Avalon's hashing
~400,000 MH/s

What about CRYPTO-TRADE never been in GLBSE, its a new asset

No, the ones with 4 yes votes were ones that were listed on GLBSE that were carried over. New assets must have 5 yes votes.

Yap, but in reality only 4 YES, check the score of other activated assets with just 4 votes.

"Your new asset will only be activated with at least 5 YES votes by LTC-GLOBAL shareholders. To be eligible to vote, an LTC-GLOBAL shareholder must have at least 10 shares of LTC-GLOBAL."

Nothing exciting, same as before.

I think it only needed 4 votes to get listed.