Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 11. (Read 223316 times)
I think quicker people transfer shares from AMC to Actm the better so things can move along as planned.
I have a noob question... how do you see how many is left in the wall? I think 0.0025 is a steal of a deal and just want to know how much time I might have left before this sky rockets
Stop buying AMC you idiots. Buy ActiveMining.
10k amc sold for 0.003...
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.
Lots been happening over the last few days I see. Ken, just to let you know that I've pushed my shares of AMC on bitfunder. Looking forward to seeing what the next few months brings.
Make sure you send the email as well (Post #3 on the ActiveMining thread). A lot of people forget the email
Lots been happening over the last few days I see. Ken, just to let you know that I've pushed my shares of AMC on bitfunder. Looking forward to seeing what the next few months brings.
Stop buying AMC you idiots. Buy ActiveMining.
10k amc sold for 0.003...
BTW - this also show you what can happen if that damn 2mil+ wall at .0025 disappeared.
The Shares could soar ... but that wall it stopping them.
Further incentive for Ken to perhaps remove the wall, and then drip feed the shares into the market, thereby allowing the market to do its thing, as well as perhaps bring in more for the company instead if just .0025
Lot of volume the past few days. Not necessary in my opinion.
Stop buying AMC you idiots. Buy ActiveMining.
10k amc sold for 0.003...
BTW - this also show you what can happen if that damn 2mil+ wall at .0025 disappeared.
The Shares could soar ... but that wall it stopping them.
Further incentive for Ken to perhaps remove the wall, and then drip feed the shares into the market, thereby allowing the market to do its thing, as well as perhaps bring in more for the company instead if just .0025
Stop buying AMC you idiots. Buy ActiveMining.
10k amc sold for 0.003...
Maybe we need to reverse tender
- ActiveMining to AMC to sell at .003 Stop buying AMC you idiots. Buy ActiveMining.
10k amc sold for 0.003...
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!
Stop buying AMC you idiots. Buy ActiveMining.
10k amc sold for 0.003...
Stop buying AMC you idiots. Buy ActiveMining.
Well, kids, Ken/Active Mining just paid out a nice dividend today.
What do all you critics say about that?
What do all you critics say about that?
Welcome to day before yesterday
Well, kids, Ken/Active Mining just paid out a nice dividend today.
What do all you critics say about that?
What do all you critics say about that?
It's all part of the merger process!
Interesting theory, but Ken has already stated that it was "because of the merger" and not because of the reasons outlined above, leaving me to wonder how a merger magically creates money
The merger has the effect of killing the growth fund "shares" and "rules", so any BTC there can be used. Remember that the growth fund has been receiving around 85% of all dividends since mining started.
Using the movements from https://blockchain.info/address/1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa my estimate is that the growth fund has currently around BTC(262-8-80-22)*.85 = BTC129 less any expenses paid from those.
If you are on IRC with him all the time could you get a confirmation that this is the case? It kind of disturbs me that a CEO can't articulate something that seems rather easy to explain, I'm sure he sees how explaining a massive increase in BTC by giving an answer as vague as "because of the merger" raises several red flags.
Interesting theory, but Ken has already stated that it was "because of the merger" and not because of the reasons outlined above, leaving me to wonder how a merger magically creates money
The merger has the effect of killing the growth fund "shares" and "rules", so any BTC there can be used. Remember that the growth fund has been receiving around 85% of all dividends since mining started.
Using the movements from https://blockchain.info/address/1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa my estimate is that the growth fund has currently around BTC(262-8-80-22)*.85 = BTC129 less any expenses paid from those.
Interesting theory, but Ken has already stated that it was "because of the merger" and not because of the reasons outlined above, leaving me to wonder how a merger magically creates money
Backpay from the reinvestment shares that collected dividends from before the merger.
Cross-post:
(AMC paid BTC141.12429300 to 7,711,710 shares, some of which represented pass-trough shares, so some of the BTC went back to the issuer; the real paid total to outstanding shares should be around the ~BTC108 above).
I think there are about ~5.9M issued, so the total would be more like ~BTC108, with BTC86 from mining and probably with BTC22 coming from the old growth fund (which was previously excessively eating at least 85% of all dividends, 5.9M/40M), since all current expenses are probably paid already. All in all, a big thank you from Ken to everyone who stuck around. 
Also, AMC-PT and ActiveMining divs come funneled from issued shares on AMC, so only look there to see the totals.
Also, AMC-PT and ActiveMining divs come funneled from issued shares on AMC, so only look there to see the totals.
(AMC paid BTC141.12429300 to 7,711,710 shares, some of which represented pass-trough shares, so some of the BTC went back to the issuer; the real paid total to outstanding shares should be around the ~BTC108 above).
Interesting theory, but Ken has already stated that it was "because of the merger" and not because of the reasons outlined above, leaving me to wonder how a merger magically creates money
Cross-post:
(AMC paid BTC141.12429300 to 7,711,710 shares, some of which represented pass-trough shares, so some of the BTC went back to the issuer; the real paid total to outstanding shares should be around the ~BTC108 above).
I think there are about ~5.9M issued, so the total would be more like ~BTC108, with BTC86 from mining and probably with BTC22 coming from the old growth fund (which was previously excessively eating at least 85% of all dividends, 5.9M/40M), since all current expenses are probably paid already. All in all, a big thank you from Ken to everyone who stuck around.
Also, AMC-PT and ActiveMining divs come funneled from issued shares on AMC, so only look there to see the totals.
Also, AMC-PT and ActiveMining divs come funneled from issued shares on AMC, so only look there to see the totals.
(AMC paid BTC141.12429300 to 7,711,710 shares, some of which represented pass-trough shares, so some of the BTC went back to the issuer; the real paid total to outstanding shares should be around the ~BTC108 above).
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