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Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 15. (Read 223316 times)

sr. member
Activity: 476
Merit: 250
Dividends will be paid sometime tomorrow this week due to the transfers.
hero member
Activity: 532
Merit: 500
https://karatcoin.co
transfer sent.  looking forward to good things.
patiently waiting to see my shares show up
still waiting.  sent a PM to ken


Working on any shares that we put in the hold bin for any reason, those should be transferred this morning.

Cut off time for tendering shares and being transferred before dividends are paid is 1:00 PM CDT today.

He's working on it...
Patience. I'm waiting as well.


Working on these, I am being very careful not to make any mistakes, so it is a slow process.

Feel free to add an extra zero to mine Smiley

I am sorry, but I took a zero off.  Grin Just kidding.

So, Ken, what happens to those of us in limbo over at BTCT.CO? Do we get dividends?

Yes, everyone will get dividends as long as they tendered by 1PM CDT which is the cut-off time for dividends.

The dividends paid to AM from AMC will be paid out.


Beautiful response. Thank you much, sir.
sr. member
Activity: 476
Merit: 250
transfer sent.  looking forward to good things.
patiently waiting to see my shares show up
still waiting.  sent a PM to ken


Working on any shares that we put in the hold bin for any reason, those should be transferred this morning.

Cut off time for tendering shares and being transferred before dividends are paid is 1:00 PM CDT today.

He's working on it...
Patience. I'm waiting as well.


Working on these, I am being very careful not to make any mistakes, so it is a slow process.

Feel free to add an extra zero to mine Smiley

I am sorry, but I took a zero off.  Grin Just kidding.

So, Ken, what happens to those of us in limbo over at BTCT.CO? Do we get dividends?

Yes, everyone will get dividends as long as they tendered by 1PM CDT which is the cut-off time for dividends.

The dividends paid to AM from AMC will be paid out.
hero member
Activity: 532
Merit: 500
https://karatcoin.co
transfer sent.  looking forward to good things.
patiently waiting to see my shares show up
still waiting.  sent a PM to ken


Working on any shares that we put in the hold bin for any reason, those should be transferred this morning.

Cut off time for tendering shares and being transferred before dividends are paid is 1:00 PM CDT today.

He's working on it...
Patience. I'm waiting as well.


Working on these, I am being very careful not to make any mistakes, so it is a slow process.

Feel free to add an extra zero to mine Smiley

I am sorry, but I took a zero off.  Grin Just kidding.

So, Ken, what happens to those of us in limbo over at BTCT.CO? Do we get dividends?
sr. member
Activity: 476
Merit: 250
transfer sent.  looking forward to good things.
patiently waiting to see my shares show up
still waiting.  sent a PM to ken


Working on any shares that we put in the hold bin for any reason, those should be transferred this morning.

Cut off time for tendering shares and being transferred before dividends are paid is 1:00 PM CDT today.

He's working on it...
Patience. I'm waiting as well.


Working on these, I am being very careful not to make any mistakes, so it is a slow process.

Feel free to add an extra zero to mine Smiley

I am sorry, but I took a zero off.  Grin Just kidding.
hero member
Activity: 630
Merit: 500
transfer sent.  looking forward to good things.
patiently waiting to see my shares show up
still waiting.  sent a PM to ken


Working on any shares that we put in the hold bin for any reason, those should be transferred this morning.

Cut off time for tendering shares and being transferred before dividends are paid is 1:00 PM CDT today.

He's working on it...
Patience. I'm waiting as well.
yeah mine came through a while ago.  thanks.

On BTC.CT or Bitfinder?
that would be Bitfunder
hero member
Activity: 532
Merit: 500
https://karatcoin.co
transfer sent.  looking forward to good things.
patiently waiting to see my shares show up
still waiting.  sent a PM to ken


Working on any shares that we put in the hold bin for any reason, those should be transferred this morning.

Cut off time for tendering shares and being transferred before dividends are paid is 1:00 PM CDT today.

He's working on it...
Patience. I'm waiting as well.
yeah mine came through a while ago.  thanks.

On BTC.CT or Bitfinder?
hero member
Activity: 630
Merit: 500
transfer sent.  looking forward to good things.
patiently waiting to see my shares show up
still waiting.  sent a PM to ken


Working on any shares that we put in the hold bin for any reason, those should be transferred this morning.

Cut off time for tendering shares and being transferred before dividends are paid is 1:00 PM CDT today.

He's working on it...
Patience. I'm waiting as well.
yeah mine came through a while ago.  thanks.
sr. member
Activity: 476
Merit: 250
transfer sent.  looking forward to good things.
patiently waiting to see my shares show up
still waiting.  sent a PM to ken


Working on any shares that we put in the hold bin for any reason, those should be transferred this morning.

Cut off time for tendering shares and being transferred before dividends are paid is 1:00 PM CDT today.

He's working on it...
Patience. I'm waiting as well.


Working on these, I am being very careful not to make any mistakes, so it is a slow process.
newbie
Activity: 50
Merit: 0
transfer sent.  looking forward to good things.
patiently waiting to see my shares show up
still waiting.  sent a PM to ken


Working on any shares that we put in the hold bin for any reason, those should be transferred this morning.

Cut off time for tendering shares and being transferred before dividends are paid is 1:00 PM CDT today.

He's working on it...
Patience. I'm waiting as well.
Vbs
hero member
Activity: 504
Merit: 500
Around two hours ago he said in IRC he was about to resume the tenders, so I think he must be at it right now! Tongue
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
Ken, what happened to my shares?
Transferred those to you about 24 h ago but still waiting Sad

hero member
Activity: 532
Merit: 500
https://karatcoin.co
Anyone had trouble not receiving confirmation from Ken when transferring shares from BTC-TC? I got my confirmation email, and sent to the requested address, but still have not heard anything back.

He's probably sleeping. 

The transfer was completed yesterday around noon.

Wait a minute, I thought BTCT people were supposed to just chill out and wait for burnside to do the entire merge?  This needs to be edited in your instructions immediately, Ken.

I was also confused by this. Ken did list instructions for tendering your AMC-PT on BTCT.CO to BTCT.CO. I opted to go through with that process as I was getting conflicting instructions on these forums. I currently have nearly two thousand shares pending tendering and now Ken is talking as if the BTCT.CO listing might take a while to get done. My fear is that those of us who followed the initial instructions and are currently "holding" no shares in AMC or ActiveMiner on BTCT.CO (because they've been transferred to AMCTENDER1) will miss out on dividends.

Ken has not addressed this concern directly. It would have been nice to have very clear instructions with a date and timeline.

I'm in the same boat as you, only with about half as many shares.

I think there is a decent bit of us out there... Any official word, Ken?
newbie
Activity: 11
Merit: 0
Anyone had trouble not receiving confirmation from Ken when transferring shares from BTC-TC? I got my confirmation email, and sent to the requested address, but still have not heard anything back.

He's probably sleeping. 

The transfer was completed yesterday around noon.

Wait a minute, I thought BTCT people were supposed to just chill out and wait for burnside to do the entire merge?  This needs to be edited in your instructions immediately, Ken.

I was also confused by this. Ken did list instructions for tendering your AMC-PT on BTCT.CO to BTCT.CO. I opted to go through with that process as I was getting conflicting instructions on these forums. I currently have nearly two thousand shares pending tendering and now Ken is talking as if the BTCT.CO listing might take a while to get done. My fear is that those of us who followed the initial instructions and are currently "holding" no shares in AMC or ActiveMiner on BTCT.CO (because they've been transferred to AMCTENDER1) will miss out on dividends.

Ken has not addressed this concern directly. It would have been nice to have very clear instructions with a date and timeline.

I'm in the same boat as you, only with about half as many shares.
sr. member
Activity: 266
Merit: 250
Science!

Those lines were just from the original contract of May this year, when there weren't any avalons hashing. I don't think Ken has any asicminer shares right now, since all dividends are coming from the avalons.

Check the ActiviMining contract, it's much simple, clearer and updated! Smiley

Yes, those shares were sold off a while ago I believe.

Thanks for the clarification. Anyone watching the Avalon chip delivery speculation over in Custom Hardware? (link: https://bitcointalksearch.org/topic/m.2694806) It would be nice to get those 20,000 chips online by the end of September. BTW, For those who are currently selling below 0.0025: Thank you for your short-sightedness. Personally, I think selling before the 20,000 avalon chips come online is se laedit.
hero member
Activity: 532
Merit: 500
https://karatcoin.co
Anyone had trouble not receiving confirmation from Ken when transferring shares from BTC-TC? I got my confirmation email, and sent to the requested address, but still have not heard anything back.

He's probably sleeping.  

The transfer was completed yesterday around noon.

Wait a minute, I thought BTCT people were supposed to just chill out and wait for burnside to do the entire merge?  This needs to be edited in your instructions immediately, Ken.

I was also confused by this. Ken did list instructions for tendering your AMC-PT on BTCT.CO to BTCT.CO. I opted to go through with that process as I was getting conflicting instructions on these forums. I currently have nearly two thousand shares pending tendering and now Ken is talking as if the BTCT.CO listing might take a while to get done. My fear is that those of us who followed the initial instructions and are currently "holding" no shares in AMC or ActiveMiner on BTCT.CO (because they've been transferred to AMCTENDER1) will miss out on dividends.

Ken has not addressed this concern directly. It would have been nice to have very clear instructions with a date and timeline.
sr. member
Activity: 294
Merit: 250

Those lines were just from the original contract of May this year, when there weren't any avalons hashing. I don't think Ken has any asicminer shares right now, since all dividends are coming from the avalons.

Check the ActiviMining contract, it's much simple, clearer and updated! Smiley

Yes, those shares were sold off a while ago I believe.
Vbs
hero member
Activity: 504
Merit: 500
I feel the need to chime in a moment here. I have been to VMC's offices and they are for
real. They have some some cases and power supplies received (ironically exactly the case
shown on their website which others were giving them grief about using "stock" photos).
They have a product flow layout plan which they shared and they were more than happy
to give us a tour.

I am a totally uninvolved third party (though we may offer some assistance in product flow
through their assembly plant if further requested).

Anyway, whether they can or cannot delivery ASIC chips of their own design is not for me
to say. I do, however, fully believe they intend to deliver and are not running a scam.


Grin
Vbs
hero member
Activity: 504
Merit: 500
Ken:
Investing in ASICminer shares as a means to preserve capital is a *really bad* idea for capital savings.

The problem is that they can crash by over 90% for they could be grossly overvalued.

For example: At 400,000 shares x 4 BTC/share their market cap is 1.6 million BTC. It is risky to buy at this valuation.
Please read history about South Sea company stock bubble.

-Technologov.

I agree with you Technologov, but ASICMINER shares may be about to jump up above 5.0 again with news trickling out of their 5GHash/s and 10GHash/s miners up for sale in China. (link: https://bitcointalksearch.org/topic/m.2696280). This kind of news generally gets ASICMINER prices rising. So, in the short-term, we are likely to gain from the strategy (albeit risky). It might be a good idea to liquidate those positions at 5.0—5.25, and channel those funds to the NRE or assembly costs of the Avalon clones. It would undercut dividends in the short term, though.

Those lines were just from the original contract of May this year, when there weren't any avalons hashing. I don't think Ken has any asicminer shares right now, since all dividends are coming from the avalons.

Check the ActiviMining contract, it's much simple, clearer and updated! Smiley
sr. member
Activity: 266
Merit: 250
Science!
Ken:
Investing in ASICminer shares as a means to preserve capital is a *really bad* idea for capital savings.

The problem is that they can crash by over 90% for they could be grossly overvalued.

For example: At 400,000 shares x 4 BTC/share their market cap is 1.6 million BTC. It is risky to buy at this valuation.
Please read history about South Sea company stock bubble.

-Technologov.

I agree with you Technologov, but ASICMINER shares may be about to jump up above 5.0 again with news trickling out of their 5GHash/s and 10GHash/s miners up for sale in China. (link: https://bitcointalksearch.org/topic/m.2696280). This kind of news generally gets ASICMINER prices rising. So, in the short-term, we are likely to gain from the strategy (albeit risky). It might be a good idea to liquidate those positions at 5.0—5.25, and channel those funds to the NRE or assembly costs of the Avalon clones. It would undercut dividends in the short term, though.
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