[AMC]-The Official Active Mining Cooperative Discussion - page 82.

steveioio

member

Activity: 70

Merit: 10

Quote from: steveioio on June 28, 2013, 05:55:15 PM

Quote from: Akka on June 28, 2013, 05:51:32 PM

http://www.investopedia.com/terms/w/weakhands.asp

Quote

For example, retail traders with weak hands would place a stop at the bottom of a double bottom or at the top of a double top and once the pattern is broken, they would automatically be stopped out. Conversely, dealer and institutional traders will exploit this behavior by staying in once the pattern is broken, forcing the weak hands out before allowing the price to change direction and the pattern to correct itself.

Are you going to qualify that quote? What point is it you are trying to make with it? I am baffled.

I'll do the work for you - so it's a recognized trading term? Well I clearly need to accept I was ignorant of that fact but have to say I was miss led by the OP when he blindly said it was a 'metaphor' - if he had said it's a 'trading metaphor' this confusion would have been avoided. Try to be clearer next time OP.

lewicki

sr. member

Activity: 294

Merit: 250

Shareholder Update:

AMC   20,000,000   Reinvestment Fund
AMC   8,816,083   BitFunder Bin
AMC   4,640,081   BTC-TC Bin
--------------------------------------------------------
AMC   1,005,641   19kcTDYvBFd2W3CY8giV7wBep6GFvjNmTQ
AMC   639,707   1PHTa8x3Jo4nowjNDVLFxfpCtnE1Lasmgw
AMC   250,866   1G9CD1bVJ1E1MrUhC87sxZJ2QZ17uJqzVD
AMC   203,001   1Jzhrg2SYQcV7QZQU62Fef1K2zW9bMfF92
AMC   200,000   17MgYS26MFiPB5gi7z3TqrbHETKXqap4mN
AMC   189,652   1Mn65Q9Xm6NBoPdF8ppS3AzgRLt92ZKtTq
AMC   179,000   1NJ4H2SMH4kaKXGFDQzCiJAYmYkWLatMxW
AMC   150,000   17vccqmnhJGZri6LWtRhJgta9yeKpns8TS
AMC   121,000   1NAZhPAhVKNbek9rgXSTjk2v5FXuyGPqsS

Shares sold to investors on BitFunder: 6,543,836
Shares sold to investors on BTC-TC: 511,867

# of investors: 470

In the last 24 hours 564,533 have changed hands.

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: steveioio on June 28, 2013, 05:46:05 PM

Quote from: lolstate on June 28, 2013, 05:28:02 PM

What are you talking about? I am the OP. 'Weak hand' is a metaphor.

Forgive me yes you are the OP, sorry.

re: metaphor-
'Weak hand' is not a metaphor per see. If I have a bad selection of cards in a game and I say I have a 'weak hand' I do actually have a 'hand' of cards (handful of cards) that is 'weak' in that they do not add up to a strong set. So there is no explicit metaphor there. However if you said an investor with a portfolio of 10 crypto-currencies has a 'weak hand' because they are all under-performing currencies then that use is metaphorical because it refers to the literal weak hand of a card game. You are comparing the portfolio to something else.

re: your statement-
You didn't actually refer to a 'weak hand' as you now seem to above so you have confused things further. You originally said 'weak hands'. These are two distinctly different things. A 'pair of weak hands' has nothing to do with a holding or position - it is a statement about someones character or abilities. So you refered to the investors character not their holdings so my exasperation with your criticism of the investors characters is valid.

You also mixed your metaphors to an extent giving these 'weak hands' 'burnt fingers' - please try to avoid this it just muddies the waters.

I think he meant "weak hands" as a multiple of people with a weak hand

steveioio

member

Activity: 70

Merit: 10

Quote from: Akka on June 28, 2013, 05:51:32 PM

http://www.investopedia.com/terms/w/weakhands.asp

Quote

For example, retail traders with weak hands would place a stop at the bottom of a double bottom or at the top of a double top and once the pattern is broken, they would automatically be stopped out. Conversely, dealer and institutional traders will exploit this behavior by staying in once the pattern is broken, forcing the weak hands out before allowing the price to change direction and the pattern to correct itself.

Are you going to qualify that quote? What point is it you are trying to make with it? I am baffled.

Akka

legendary

Activity: 1232

Merit: 1001

http://www.investopedia.com/terms/w/weakhands.asp

Quote

For example, retail traders with weak hands would place a stop at the bottom of a double bottom or at the top of a double top and once the pattern is broken, they would automatically be stopped out. Conversely, dealer and institutional traders will exploit this behavior by staying in once the pattern is broken, forcing the weak hands out before allowing the price to change direction and the pattern to correct itself.

steveioio

member

Activity: 70

Merit: 10

Quote from: Diamondstarfall on June 28, 2013, 05:49:02 PM

Last time I checked, "Weak Hand" is referred to the non-dominant jerk-off hand.

Don't be pathetic we are trying to have a sensible conversation here.

steveioio

member

Activity: 70

Merit: 10

Quote from: stereotype on June 28, 2013, 05:37:07 PM

A demonstration why a barrier of entry may be necessary at some time in the future with these markets. Some of the stuff written here is by petulant children, who need an education.
Take note Burnside, et al.

You Sir seem to have taken this fellows misunderstanding of his own logic as gospel. Maybe YOU need educating?

bbxx

hero member

Activity: 728

Merit: 500

cryptoshark

i wonder why he is not there.

ahhh ok weekend.

Diamondstarfall

member

Activity: 70

Merit: 10

Last time I checked, "Weak Hand" is referred to the non-dominant jerk-off hand.

steveioio

member

Activity: 70

Merit: 10

Quote from: lolstate on June 28, 2013, 05:28:02 PM

What are you talking about? I am the OP. 'Weak hand' is a metaphor.

Forgive me yes you are the OP, sorry.

re: metaphor-
'Weak hand' is not a metaphor per see. If I have a bad selection of cards in a game and I say I have a 'weak hand' I do actually have a 'hand' of cards (handful of cards) that is 'weak' in that they do not add up to a strong set. So there is no explicit metaphor there. However if you said an investor with a portfolio of 10 crypto-currencies has a 'weak hand' because they are all under-performing currencies then that use is metaphorical because it refers to the literal weak hand of a card game. You are comparing the portfolio to something else.

re: your statement-
You didn't actually refer to a 'weak hand' as you now seem to above so you have confused things further. You originally said 'weak hands'. These are two distinctly different things. A 'pair of weak hands' has nothing to do with a holding or position - it is a statement about someones character or abilities. So you refered to the investors character not their holdings so my exasperation with your criticism of the investors characters is valid.

You also mixed your metaphors to an extent giving these 'weak hands' 'burnt fingers' - please try to avoid this it just muddies the waters.

Kushedout

legendary

Activity: 1123

Merit: 1000

SaluS - (SLS)

btct22, he can't be bothered with relevant technical questions. He is busy deciding what the next IPO price should be. He will announce that with a timer based pre-announcment.

btct22

hero member

Activity: 615

Merit: 502

Hi Ken,

Can you please post additional information to back up your R & D announcement, such as screen cap/scan of a email/letter from eASIC verifying the claimed results or at a minimum some evidence that you have indeed been working together.

The KnC chips are claimed to be 100GH/s each so the "World's Fastest Bitcoin Mining Chip" has already been challenged. Here is the text from KnC's latest newsletter:

Chip Progress report
The more technical audience amongst our customers have been asking for a lot details on the chips we will use. The information we have available to you today is that Jupiter will be a 4 chip design and Saturn a 2 chip design.
This means that we can achieve a minimum of 100GH/s per chip. Which we think most people will agree, puts us far ahead of our current competitors.

stereotype

legendary

Activity: 1554

Merit: 1000

Quote from: lolstate on June 28, 2013, 05:28:02 PM

Quote from: steveioio on June 28, 2013, 05:25:26 PM

Quote from: lolstate on June 28, 2013, 05:18:20 PM

What are you talking about? 'Weak hand' is a metaphor, not a literal description.

Are you insane? The OP is referring to weakness of character. He is not referring to a position of weakness as one would have for example with a weak hand in a card game. Please keep up.

What are you talking about? I am the OP. 'Weak hand' is a metaphor.

A demonstration why a barrier of entry may be necessary at some time in the future with these markets. Some of the stuff written here is by petulant children, who need an education.
Take note Burnside, et al.

joele

legendary

Activity: 1022

Merit: 1000

Dang, I'm too slow, did not buy the 0.0009, now it's going up and up.

bbxx

hero member

Activity: 728

Merit: 500

cryptoshark

Quote from: joele on June 28, 2013, 05:26:07 PM

Cheap share now, will buy more. I'm a Ken believer Cheesy

good. till my 0.0015 ask plz

lolstate

full member

Activity: 196

Merit: 100

Quote from: steveioio on June 28, 2013, 05:25:26 PM

Quote from: lolstate on June 28, 2013, 05:18:20 PM

What are you talking about? 'Weak hand' is a metaphor, not a literal description.

Are you insane? The OP is referring to weakness of character. He is not referring to a position of weakness as one would have for example with a weak hand in a card game. Please keep up.

What are you talking about? I am the OP. 'Weak hand' is a metaphor.

ArcticWolf

full member

Activity: 196

Merit: 100

Bought in at .0008 for BTC2. Even if I lose it all its only BTC2.
Im in for the long haul

joele

legendary

Activity: 1022

Merit: 1000

Cheap share now, will buy more. I'm a Ken believer Cheesy

steveioio

member

Activity: 70

Merit: 10

Quote from: lolstate on June 28, 2013, 05:18:20 PM

What are you talking about? 'Weak hand' is a metaphor, not a literal description.

Are you insane? The OP is referring to weakness of character. He is not referring to a position of weakness as one would have for example with a weak hand in a card game. Please keep up.

Diamondstarfall

member

Activity: 70

Merit: 10

Someone tell me I didn't get this wrong.

There were already 40million shares issued which were sold at 0.0005 correct?

now ken is issuing 4million more, 2 on bitfunder, 2million on btct at 0.0025.

Am I crazy? or this ratio is completely messed up. Does he honestly think he can just issue 4more million shares at 0.0025 so he can raise his other 40million share value by 5 times thus increasing his company value....

Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 82. (Read 223316 times)