Pages:
Author

Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 77. (Read 223316 times)

legendary
Activity: 1554
Merit: 1000
Scooped more up at .00082 yesterday.  I am very patient.

Anyone who was able to buy @ ~.0008, but didn't, needs a lesson in Risk/Reward calculations.
Interesting statement. Care to elaborate?

Sure.
Entering any trade is essentially an individuals judgement of the value of what he/she has just bought, together with what the perceived value it should be, according to that individual. How does anyone perceive what 'value' is at a given time? Thats a subjective question with many results, which is good, or we would have a very flat and boring market, with no opportunities. Whatever strategies or techniques you employ, it cannot be based on emotion.
Anybody who has had the briefest experience of established market trading, will know that emotion destroys all the think processes you need to judge a given share/future/option etc. And thats my point. The adolescents here either need to either log off and choose their favorite toy to play with, on this fine Saturday (here anyway), OR realize they may not know anywhere near enough to 'survive' these kind of markets, and get a fucking education, or i WILL take your BTC, and you WILL buy mine, and you WILL lose. Sorry, that's what i see, because that's what happened.  

So i repeat my previous post, as something to consider. Sentiment @ ~.0008 was nicely positive. It was an accepted level of value at that time, without knowing any details of the NDA, and knowing we had the Avalon/s and chips coming. There were some people who it seemed could not put together what AMC was trying to achieve, and i would accept that as understandable to some extent, but this recent news sets out a reasonably detailed plan, that should provide some kind of vision to price against.
Whats the value today? You decide, but make sure you have arrived at a figure that is based on reasoned thinking, and not correlated to the amount of adrenalin rushing through your ignorant veins. Whatever the value is, its definitely more than .0008 of anyone's money (currently ~.00130).

Disclaimer: I DO NOT offer advice, only considerations.

In fewer words, I bought at .00082 because that was the price before the announcement.  I asked myself "what about the announcement could make this thing worth LESS than what is was worth before the announcement?"  The answer was nothing.

Admittedly, I also bought some of the newly released shares at .0025, which I regret now, but suspect I won't regret at this time next year.  

BINGO. Perfect trading reasoning. +1
full member
Activity: 238
Merit: 100
Scooped more up at .00082 yesterday.  I am very patient.

Anyone who was able to buy @ ~.0008, but didn't, needs a lesson in Risk/Reward calculations.
Interesting statement. Care to elaborate?

Sure.
Entering any trade is essentially an individuals judgement of the value of what he/she has just bought, together with what the perceived value it should be, according to that individual. How does anyone perceive what 'value' is at a given time? Thats a subjective question with many results, which is good, or we would have a very flat and boring market, with no opportunities. Whatever strategies or techniques you employ, it cannot be based on emotion.
Anybody who has had the briefest experience of established market trading, will know that emotion destroys all the think processes you need to judge a given share/future/option etc. And thats my point. The adolescents here either need to either log off and choose their favorite toy to play with, on this fine Saturday (here anyway), OR realize they may not know anywhere near enough to 'survive' these kind of markets, and get a fucking education, or i WILL take your BTC, and you WILL buy mine, and you WILL lose. Sorry, that's what i see, because that's what happened.  

So i repeat my previous post, as something to consider. Sentiment @ ~.0008 was nicely positive. It was an accepted level of value at that time, without knowing any details of the NDA, and knowing we had the Avalon/s and chips coming. There were some people who it seemed could not put together what AMC was trying to achieve, and i would accept that as understandable to some extent, but this recent news sets out a reasonably detailed plan, that should provide some kind of vision to price against.
Whats the value today? You decide, but make sure you have arrived at a figure that is based on reasoned thinking, and not correlated to the amount of adrenalin rushing through your ignorant veins. Whatever the value is, its definitely more than .0008 of anyone's money (currently ~.00130).

Disclaimer: I DO NOT offer advice, only considerations.

In fewer words, I bought at .00082 because that was the price before the announcement.  I asked myself "what about the announcement could make this thing worth LESS than what is was worth before the announcement?"  The answer was nothing.

Admittedly, I also bought some of the newly released shares at .0025, which I regret now, but suspect I won't regret at this time next year.  
legendary
Activity: 1554
Merit: 1000
Scooped more up at .00082 yesterday.  I am very patient.

Anyone who was able to buy @ ~.0008, but didn't, needs a lesson in Risk/Reward calculations.
Interesting statement. Care to elaborate?

Sure.
Entering any trade is essentially an individuals judgement of the value of what he/she has just bought, together with what the perceived value it should be, according to that individual. How does anyone perceive what 'value' is at a given time? Thats a subjective question with many results, which is good, or we would have a very flat and boring market, with no opportunities. Whatever strategies or techniques you employ, it cannot be based on emotion.
Anybody who has had the briefest experience of established market trading, will know that emotion destroys all the think processes you need to judge a given share/future/option etc. And thats my point. The adolescents here either need to either log off and choose their favorite toy to play with, on this fine Saturday (here anyway), OR realize they may not know anywhere near enough to 'survive' these kind of markets, and get a fucking education, or i WILL take your BTC, and you WILL buy mine, and you WILL lose. Sorry, that's what i see, because that's what happened. 

So i repeat my previous post, as something to consider. Sentiment @ ~.0008 was nicely positive. It was an accepted level of value at that time, without knowing any details of the NDA, and knowing we had the Avalon/s and chips coming. There were some people who it seemed could not put together what AMC was trying to achieve, and i would accept that as understandable to some extent, but this recent news sets out a reasonably detailed plan, that should provide some kind of vision to price against.
Whats the value today? You decide, but make sure you have arrived at a figure that is based on reasoned thinking, and not correlated to the amount of adrenalin rushing through your ignorant veins. Whatever the value is, its definitely more than .0008 of anyone's money (currently ~.00130).

Disclaimer: I DO NOT offer advice, only considerations.
full member
Activity: 218
Merit: 100
Scooped more up at .00082 yesterday.  I am very patient.

Anyone who was able to buy @ ~.0008, but didn't, needs a lesson in Risk/Reward calculations.
Interesting statement. Care to elaborate?
legendary
Activity: 1554
Merit: 1000

The fact the thread has been filled with so much FUD for the last 24h makes me believe there's been a huge effort to take the price down, making unexperienced investors sell their shares as cheaply as possible. This is a great deal for manipulators, as the can buy into AMC at a low price,

If that's the case why is no-one buying at 0.001? It's almost pre-news bargain price. I think no conspiracy just lack of confidence.

I'm sure the FUD on this thread being 99% speculation and 1% only for discussing the actual news and projections for AMC has a huge part in that.

People are scared. It will pass.

I can only assume that you will be investing heavily in the December batch of the Avalon clones at $6k a pop. By the way, if you want some for the "Bargain price" of $5.500 I will sell you as many as you want. Absolutely no limit.  PM me for any quantity!

Will you stop with the FUD already? The price you quote for the machines to be delivered from VMC to AMC is a red herring. The machines will be delivered to AMC at cost price minus 10%. The current retail price has nothing to do with it. What *will* be delivered is the hashing power stated by Ken in the original prospectus at cost price minus 10% when manufacture/delivery is made.

Buying more shares now. Anyone care to join me?  Grin

Scooped more up at .00082 yesterday.  I am very patient.

Anyone who was able to buy @ ~.0008, but didn't, needs a lesson in Risk/Reward calculations.
full member
Activity: 238
Merit: 100

The fact the thread has been filled with so much FUD for the last 24h makes me believe there's been a huge effort to take the price down, making unexperienced investors sell their shares as cheaply as possible. This is a great deal for manipulators, as the can buy into AMC at a low price,

If that's the case why is no-one buying at 0.001? It's almost pre-news bargain price. I think no conspiracy just lack of confidence.

I'm sure the FUD on this thread being 99% speculation and 1% only for discussing the actual news and projections for AMC has a huge part in that.

People are scared. It will pass.

I can only assume that you will be investing heavily in the December batch of the Avalon clones at $6k a pop. By the way, if you want some for the "Bargain price" of $5.500 I will sell you as many as you want. Absolutely no limit.  PM me for any quantity!

Will you stop with the FUD already? The price you quote for the machines to be delivered from VMC to AMC is a red herring. The machines will be delivered to AMC at cost price minus 10%. The current retail price has nothing to do with it. What *will* be delivered is the hashing power stated by Ken in the original prospectus at cost price minus 10% when manufacture/delivery is made.

Buying more shares now. Anyone care to join me?  Grin

Scooped more up at .00082 yesterday.  I am very patient.
Vbs
hero member
Activity: 504
Merit: 500
You must be sniffing glue or something. KNC has delivery date of sept/oct and AMC is aiming for what, early spring of 2014.. Who cares how awesome the chips are when diff increases 20% ever 10 days you will still be stuck with a fantastic toaster by mid 2014 no matter what density or package.

I'm still trying to understand the financial logic that allows AMC to sell avalon clones for $6000 in December, can you explain?

Yes, I'll explain it to you. It doesn't matter if AMC gets its chips in 2014, 2015 or 2016.

What matters is bitcoin mining is transitioning to a corporate structure, so whoever can make their own chips and buy them as cheap as possible, will have the ultimate advantage.

As more and more hardware is bought, the cost for owning significant network % goes up and up. Do you think individual miners paying extra for their hardware will stand? I don't.

AMC is in a good position right now, as a partnership with eAsic allows the chip to be converted to ever decreasing transistor sizes, when they are available, almost effortlessly.

Fast access to hardware and a very low cost is all that matters, independently of the time you do it. Asicminer proved that to any significant GPU farm holder. Smiley
legendary
Activity: 1554
Merit: 1000
TheSwede75 has been pushing the hate train with all his might. I really wonder what his ulterior motive is...

THEIR motive, more like. Some of the comments coming from senior members, operators, and issuers, have a coordinated feel to them, from where im sitting.
full member
Activity: 196
Merit: 100
TheSwede75 has been pushing the hate train with all his might. I really wonder what his ulterior motive is...

As with all things Bitcoin related, there is healthy skepticism, cautious optimism and FUD. TheSwede75 is the later. Swede, give it a rest, we have all read your 'concerns' and thank you for your 'insight'. Now back to the main event... how long before we hit 0.0025? I say Monday (1st July 2013) at the latest, but I'm honest enough to admit this is cautious optimism and I could be wrong, right Swede?  Cheesy Cheesy Cheesy

Edit: added Monday's date for the benefit of readers looking back in 3 months and ltfao at Swede's antics.
full member
Activity: 196
Merit: 100
TheSwede75 has been pushing the hate train with all his might. I really wonder what his ulterior motive is...
full member
Activity: 196
Merit: 100

The fact the thread has been filled with so much FUD for the last 24h makes me believe there's been a huge effort to take the price down, making unexperienced investors sell their shares as cheaply as possible. This is a great deal for manipulators, as the can buy into AMC at a low price,

If that's the case why is no-one buying at 0.001? It's almost pre-news bargain price. I think no conspiracy just lack of confidence.

I'm sure the FUD on this thread being 99% speculation and 1% only for discussing the actual news and projections for AMC has a huge part in that.

People are scared. It will pass.

I can only assume that you will be investing heavily in the December batch of the Avalon clones at $6k a pop. By the way, if you want some for the "Bargain price" of $5.500 I will sell you as many as you want. Absolutely no limit.  PM me for any quantity!

Will you stop with the FUD already? The price you quote for the machines to be delivered from VMC to AMC is a red herring. The machines will be delivered to AMC at cost price minus 10%. The current retail price has nothing to do with it. What *will* be delivered is the hashing power stated by Ken in the original prospectus at cost price minus 10% when manufacture/delivery is made.

Buying more shares now. Anyone care to join me?  Grin
newbie
Activity: 31
Merit: 0
Having caught up with the recent activity on this thread, I have to say I'm really impressed with the concerted attempt to undermine confidence in AMC.

I knew it was coming but didn't expect it to have quite the effect it had.

I just glad it's now over and we can enjoy the share price recovery.  It's a shame for those who panicked and will lose out.

It's interesting to see the top share holders buy up more shares.  I did the same and am feeling quite smug right now.

Here's to Ken and the team and an exciting few months ahead!   Grin

It's financials, not religion. If the math does not add up people will sell no matter the flavor of the cool aid.

Gotta love this guy.  Not content with showing up on a thread in a timely manner to spread fear, uncertainty and doubt for his own greedy gains, he tries to drag people into childish arguments while throwing insults and profanities around as if they were as abundant as AMC shares.

While tempted, I'm not going to respond to your 'religion' comment rather I thought I'd quote you and allow others the opportunity to decide on how big a pinch of salt to use.

"What the hell are you talking about, you must be sniffing glue or something.  It doesn't take a damn genius to read up village idiot!"

There is a definite theme running through Swede's posts, that of village idiots. My favourite is Tiff Tannen from Back to The Future, "Think McFly!". Proof that I was right to assume he share's his DNA with a root vegetable.







sr. member
Activity: 266
Merit: 250
I'm sorry, I was wrong
newbie
Activity: 18
Merit: 0
RentalStarter : IPO!
Posted: 2013-06-27 13:13:23 - Written by RentalStarter
 ( Click to Hide ) 

We are finally ready to issue all available shares.


Written by: RentalStarte

@kslaughter is this true ?

What does RentalStarter have to do with AMC (or kslaughter), exactly?
sr. member
Activity: 266
Merit: 250
RentalStarter : IPO!
Posted: 2013-06-27 13:13:23 - Written by RentalStarter
 ( Click to Hide ) 

We are finally ready to issue all available shares.


Written by: RentalStarte

@kslaughter is this true ?
full member
Activity: 218
Merit: 100
For the record. At around 0.0008 - 0.001 I consider AMC worth a high risk investment. Not based on profit projections from the Avalon clones (that I consider 100% outrageous) but based on the fact that I dont think Ken is trying to scam anyone, he just does not understand how diff increase, hash rate and financing works.

I've been chomping at the 0.0025 "wall" with a very little investment sum. I won't buy "cheap" now and hope that confidence is restored along the way.

I'd rather buy again when I see 0.0030 happening. I'd love to double up before reaching that point, but not at any price...
sr. member
Activity: 350
Merit: 250
Would it make sense to cap the total amount of shares to become available at 40,000,000? Rather than the 100,000,000? Is the 100m shares really necessary? Wouldn't keeping it at 40m give the shares more value for the company and the investors?

You are confusing value for investors and value for Ken.

The 100M shares exist so that Ken can keep control, and the lions share of profits for himself.  In exchange he contributes no capital, and skims all the IP rights off to his personal company AMC.

This is what is really unfair about this investment. Investors are putting up all the money for VMC's hardware development taking all risks. I think AMC should be putting up investors money for it's own hardware development and AMC investors should be paid in dividends for mining and hardware sales. Why should VMC benefit a majority of the income from hardware sales that AMC investors funded? AMC should keep all IP rights. Shares should be capped at a reasonable amount which could be 40m (20m to investors/shares & 20m growth and expansion). I think 50% of revenue put back in for growth is reasonable and i am sure other investors would be happy with something like this as well. Then we wouldn't have pages of talk in regards to the shady business plan, people bad mouthing Ken and this would give people more confidence in this security. We would then move forward from here and grow AMC into a security with a promising future. Just my thoughts.
full member
Activity: 224
Merit: 100
Would it make sense to cap the total amount of shares to become available at 40,000,000? Rather than the 100,000,000? Is the 100m shares really necessary? Wouldn't keeping it at 40m give the shares more value for the company and the investors?

What would be the possible reason for Ken to give away a massive amount of what right now is about $18.000.000?
sr. member
Activity: 350
Merit: 250
Would it make sense to cap the total amount of shares to become available at 40,000,000? Rather than the 100,000,000? Is the 100m shares really necessary? Wouldn't keeping it at 40m give the shares more value for the company and the investors?
hero member
Activity: 644
Merit: 500
P2P The Planet!
I've been an early investor bought below 0.0008BTC and cashed out at 0.0025BTC

Why the sudden change of heart? ken is his whole operation gets shadier everyday. It may seem like all is going well with his active posts/and few Avalon rigs running for dust dividends, but it looks more and more like a scam to me.

But this is bitcoin stocks and we have seen in the past, elaborate scams aren't new. This may be the biggest one yet.

Go read the share information and contract over and over, investor's benefits very little and I honestly don't know how you can justify selling your newer issued shares at 0.0025. I understand if there are significantly less shares before you introduced 4million shares at 0.0025. But no, that's not the case... 10TIMES the amount of shares has already been present and issued. You honestly think you can just increase your stock by 310%+ by issuing another 4 million at that price claiming early bird investment?


You just tripled your money and you are still complaining?

My worry as a potential investor is the opposite. Despite tripling his money the guy has nothing good to say about the operation. There are lots of people in this thread with similar views. I went through 380 pages of ASICMINER discussions and believe me, its 99% praise. Here its 50/50, makes me vary wary as potential investor.

Hey mate, you are correct. If theres 40 million shares on issue at lets say at the rate of 0.0025  a share. 40m x 0.0025 = 100k in BTC. There is no way this company is worth 100 thousand in bitcoins LOL. Did i miss something here? I can't see this going up.

Update: They  actually have 100 million shares, that makes the company worth 250k BTC @ 0.0025. Which is 1/84 of all bitcoins (21 million) or at current prices worth 25 million dollars, This is plain ridicules. And a drop in value is sure to come. This is mostly speculative hype. A bullish rush to buy that it way more emotional than rational.

Pages:
Jump to: