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Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 17. (Read 223334 times)

full member
Activity: 196
Merit: 100
K Slaughter is a felon?
Proof? If not then you are slandering Smiley
sr. member
Activity: 392
Merit: 250
K Slaughter is a felon?

lol what?
sr. member
Activity: 392
Merit: 250
I'm sorry, but I dont completely understand what is going on. I hold shares of AMC-PT. I realize amc-pt is merging, but how does this impact me as an owner of amc-pt shares? am i able to just leave them as they are and they will represent shares in the new merged entity? am i obliged to change them over, or some other action? I am still interested in a long hold situation for myself, if I needn't make any sort of move and the AMC-PT shares are still basically the same thing, I will do that. But if I need to move them around, what should i do. (not trying to "play the market" just trying to keep my holdings secure)
Ken is still writing up the offering on btctc, and burnside has offered to help by changing AMC-PT shares to AM shares automatically, so you shouldn't have to do anything, the swap will happen by itself.

it would be a waste of effort and time to  The only way to swap right now is swap btctc shares for bitfunder shares.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
I'm sorry, but I dont completely understand what is going on. I hold shares of AMC-PT. I realize amc-pt is merging, but how does this impact me as an owner of amc-pt shares? am i able to just leave them as they are and they will represent shares in the new merged entity? am i obliged to change them over, or some other action? I am still interested in a long hold situation for myself, if I needn't make any sort of move and the AMC-PT shares are still basically the same thing, I will do that. But if I need to move them around, what should i do. (not trying to "play the market" just trying to keep my holdings secure)
Ken is still writing up the offering on btctc, and burnside has offered to help by changing AMC-PT shares to AM shares automatically, so you shouldn't have to do anything, the swap will happen by itself.

The only way to swap right now is to swap btctc shares for bitfunder shares.

thank you!
full member
Activity: 196
Merit: 100
I'm sorry, but I dont completely understand what is going on. I hold shares of AMC-PT. I realize amc-pt is merging, but how does this impact me as an owner of amc-pt shares? am i able to just leave them as they are and they will represent shares in the new merged entity? am i obliged to change them over, or some other action? I am still interested in a long hold situation for myself, if I needn't make any sort of move and the AMC-PT shares are still basically the same thing, I will do that. But if I need to move them around, what should i do. (not trying to "play the market" just trying to keep my holdings secure)
Ken is still writing up the offering on btctc, and burnside has offered to help by changing AMC-PT shares to AM shares automatically, so you shouldn't have to do anything, the swap will happen by itself.

The only way to swap right now is to swap btctc shares for bitfunder shares.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
I'm sorry, but I dont completely understand what is going on. I hold shares of AMC-PT. I realize amc-pt is merging, but how does this impact me as an owner of amc-pt shares? am i able to just leave them as they are and they will represent shares in the new merged entity? am i obliged to change them over, or some other action? I am still interested in a long hold situation for myself, if I needn't make any sort of move and the AMC-PT shares are still basically the same thing, I will do that. But if I need to move them around, what should i do. (not trying to "play the market" just trying to keep my holdings secure)

PS; trolls go fuck yourselves right now and dont reply to this post.
sr. member
Activity: 476
Merit: 250
Haven't received my AM shares after 24 hours I rendered AMC shares on Bitfunder, is it normal?



PM Me and I will check on it.  Should be done in 24 hours, unless something is wrong and was put in the holding bin.
member
Activity: 83
Merit: 10
Haven't received my AM shares after 24 hours I rendered AMC shares on Bitfunder, is it normal?

hero member
Activity: 980
Merit: 503
I am still planning to visit Springfield this Saturday.  I am awaiting a response from SoylentCreek. 

We should build a list of important points to address at the meeting.

What information do you guys want to see?  Questions, pictures, etc...

I'll post this in the AM thread as well.

-babefoot

Pics Pics Pics
legendary
Activity: 1904
Merit: 1007

Also some forum members are going to Springfield to see Ken and the base of operations. You can ask them to get some pics of the prototype if you like.
A lot of those questions seemed a little aggressive so I'm not surprised they got removed.

Have you seen my deleted posts? I don't think i was aggressive. I have asked about a prototype and got no reply. I'm so bored of the so many ASIC scams so i couldn't take him seriously since he gave no technical info on his mining hardware thread.

A lot of that info is still under NDA with eAsic so he can't reveal it, but there is a bit of info in the main post about the chip and the plans for them.

He could've said that to me instead of you. Actually he could've said anything instead of deleting posts. I don't bite so hard as other forum members.
full member
Activity: 196
Merit: 100

Also some forum members are going to Springfield to see Ken and the base of operations. You can ask them to get some pics of the prototype if you like.
A lot of those questions seemed a little aggressive so I'm not surprised they got removed.

Have you seen my deleted posts? I don't think i was aggressive. I have asked about a prototype and got no reply. I'm so bored of the so many ASIC scams so i couldn't take him seriously since he gave no technical info on his mining hardware thread.

EMail from on engineers today:

Hi Gerald,

    We expect to have the prototype boards completed by July 23^rd . We would be
    ready for your visit / prototype verification, the week of the 29^th .
    Please let me know when you plan to be here. Will you send us cable sets,
    boxes, power supplies etc? We can verify there are no issues that will slow
    us down once you get here.

    Best regards,



Awesome news!
sr. member
Activity: 476
Merit: 250

Also some forum members are going to Springfield to see Ken and the base of operations. You can ask them to get some pics of the prototype if you like.
A lot of those questions seemed a little aggressive so I'm not surprised they got removed.

Have you seen my deleted posts? I don't think i was aggressive. I have asked about a prototype and got no reply. I'm so bored of the so many ASIC scams so i couldn't take him seriously since he gave no technical info on his mining hardware thread.

EMail from our engineers today:

Hi Gerald,

    We expect to have the prototype boards completed by July 23^rd . We would be
    ready for your visit / prototype verification, the week of the 29^th .
    Please let me know when you plan to be here. Will you send us cable sets,
    boxes, power supplies etc? We can verify there are no issues that will slow
    us down once you get here.

    Best regards,

full member
Activity: 196
Merit: 100

Also some forum members are going to Springfield to see Ken and the base of operations. You can ask them to get some pics of the prototype if you like.
A lot of those questions seemed a little aggressive so I'm not surprised they got removed.

Have you seen my deleted posts? I don't think i was aggressive. I have asked about a prototype and got no reply. I'm so bored of the so many ASIC scams so i couldn't take him seriously since he gave no technical info on his mining hardware thread.

A lot of that info is still under NDA with eAsic so he can't reveal it, but there is a bit of info in the main post about the chip and the plans for them.
legendary
Activity: 1904
Merit: 1007

Also some forum members are going to Springfield to see Ken and the base of operations. You can ask them to get some pics of the prototype if you like.
A lot of those questions seemed a little aggressive so I'm not surprised they got removed.

Have you seen my deleted posts? I don't think i was aggressive. I have asked about a prototype and got no reply. I'm so bored of the so many ASIC scams so i couldn't take him seriously since he gave no technical info on his mining hardware thread.
legendary
Activity: 1904
Merit: 1007

The prototype is being made and they need money to build the miners. How was this not made clear?

From where you got your information? In the thread where my posts were deleted i haven't seen such information. I did ask about it and i got my posts deleted.
full member
Activity: 196
Merit: 100

Also some forum members are going to Springfield to see Ken and the base of operations. You can ask them to get some pics of the prototype if you like.
A lot of those questions seemed a little aggressive so I'm not surprised they got removed.
sr. member
Activity: 294
Merit: 250
hero member
Activity: 671
Merit: 500
As far as ASICMINER goes, the price is just as likely to go up as it is to go down, so share price isn't a factor -- but the dividends are.  

One of the most absurd comments I've ever read on here. No offence but what position will you be in if asciminer shares drops to 2.5 after you buy at 4.4?

Not sure why you find it so absurd.  There is no reason to believe that Asicminer is more likely to take a plunge than it is to go up again, and so I view the two possibilities as equal, therefore as far as risk assessment goes, I am assuming a neutral share price.  Add some nice dividends on top of that, and this equates to less risk than holding onto shares with a multi-million share wall in front of you (in which case the share price can only go DOWN).  You can go on and on with "what if", but Asicminer has shown far more uptrends than downtrends since its IPO.  The sell walls with asicminer are minimal, and that is why people may become uninterested in Activemining

The ASICMINER math isn't that compelling.  They're now below 15% of the network and show no signs of picking up steam.  There are a fixed amount of coins available every week, so the dividends have a ceiling IMHO.  The last 3 weeks have been .02/share.  It's expensive to add Th with their technology.  Their hardware sales don't look that appealing to buyers with all the more efficient competitors coming seemingly "in 2 weeks".  In a couple of weeks, you'll have earned maybe 1%.  Roll the dice if you wish, but keep your eyes open.

sr. member
Activity: 392
Merit: 250
As far as ASICMINER goes, the price is just as likely to go up as it is to go down, so share price isn't a factor -- but the dividends are.  

One of the most absurd comments I've ever read on here. No offence but what position will you be in if asciminer shares drops to 2.5 after you buy at 4.4?

Not sure why you find it so absurd.  There is no reason to believe that Asicminer is more likely to take a plunge than it is to go up again, and so I view the two possibilities as equal, therefore as far as risk assessment goes, I am assuming a neutral share price.  Add some nice dividends on top of that, and this equates to less risk than holding onto shares with a multi-million share wall in front of you (in which case the share price can only go DOWN).  You can go on and on with "what if", but Asicminer has shown far more uptrends than downtrends since its IPO.  The sell walls with asicminer are minimal, and that is why people may become uninterested in Activemining
sr. member
Activity: 266
Merit: 250
As far as ASICMINER goes, the price is just as likely to go up as it is to go down, so share price isn't a factor -- but the dividends are.  

One of the most absurd comments I've ever read on here. No offence but what position will you be in if asciminer shares drops to 2.5 after you buy at 4.4?
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