[AMC]-The Official Active Mining Cooperative Discussion - page 96.

asyn

newbie

Activity: 25

Merit: 0

Quote from: kslaughter on June 24, 2013, 08:16:49 PM

VMC and AMC will be making a joint announcement this coming Thursday about
their Research And Development.

Timer removed. End time: 2013-06-27+18:00:00

Silly question maybe: Where will this announcement get published?

In this thread or at VMCs website?

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: kslaughter on March 26, 2013, 12:36:07 AM

which will receive a total of 100% of the company's virtual-currency profits after all expenses until the total dividends paid is equal to the offering price of .0005

Does it mean that once we get 0.0005 in dividends, the company can just stop paying dividends at all? Does not make sense if you buy at 0.0025.

lewicki

sr. member

Activity: 294

Merit: 250

Quote from: Exocyst on June 27, 2013, 02:59:24 PM

Seems to me like the demand BTC-TC is higher than on BitFunder, where sellers are asking for prices negligibly lower than 0.0025, which suggests some shareholders are trying to move their investments to BTC-TC. Where do AMC shareholders prefer to trade?

There's more money over there, and no one (as of yet) that has bought below .0025 (no undercutting).

Exocyst

sr. member

Activity: 266

Merit: 250

Science!

Seems to me like the demand BTC-TC is higher than on BitFunder, where sellers are asking for prices negligibly lower than 0.0025, which suggests some shareholders are trying to move their investments to BTC-TC. Where do AMC shareholders prefer to trade?

ChronoX5

member

Activity: 72

Merit: 10

Quote from: auto2nr1 on June 27, 2013, 02:44:03 PM

Quote from: auto2nr1 on June 26, 2013, 06:31:01 PM

So as of right now there are 40,000,000 shares issued for the time being in total. Out of those 20,000,000 shares will be retained by AMC to maintain a growth and expansion fund. Right now is there a total of 7,000,000 on the market? Where can we see how many shares have been opened up for trading?

Quote from: MikkisJ on June 27, 2013, 01:55:16 PM

So how many shares are issued now? Is that 40,000,000 + 2,000,000 (being issued now at bitfunder) + 2,000,000 (being issued now at btct)?

No one answered my question. But this is what i am thinking now.

40,000,000 shares issued.
---
20,000,000 shares for growth and expansion
5,000,000 early adopter shares originally issued
2,000,000 early adopter shares 2nd round
2,000,000 bitfunder amc-pt btct.co shares
---

So we have 11,000,000 shares still available if needed?

Sounds about right, don't forget that the 4mil on bitfunder and btct are for a large part still in Ken's hands.

lewicki

sr. member

Activity: 294

Merit: 250

Quote from: auto2nr1 on June 27, 2013, 02:44:03 PM

Quote from: auto2nr1 on June 26, 2013, 06:31:01 PM

So as of right now there are 40,000,000 shares issued for the time being in total. Out of those 20,000,000 shares will be retained by AMC to maintain a growth and expansion fund. Right now is there a total of 7,000,000 on the market? Where can we see how many shares have been opened up for trading?

Quote from: MikkisJ on June 27, 2013, 01:55:16 PM

So how many shares are issued now? Is that 40,000,000 + 2,000,000 (being issued now at bitfunder) + 2,000,000 (being issued now at btct)?

No one answered my question. But this is what i am thinking now.

40,000,000 shares issued.
---
20,000,000 shares for growth and expansion
5,000,000 early adopter shares originally issued
2,000,000 early adopter shares 2nd round
2,000,000 bitfunder amc-pt btct.co shares
---

So we have 11,000,000 shares still available if needed?

https://bitfunder.com/assetlist

AMC   20,000,000   133vWXKUDgUHJ1RmFV7WQwr2N7Y1SF2QvV
AMC   8,809,056   19G1bxo86NZc2CwP6Qq9981fkbFtVUDc56
AMC   4,623,458   16yTynjmSe5bsRGykDaaCL5bm2pxiEfcqP
--------------------------------------------------------
AMC   1,005,641   19kcTDYvBFd2W3CY8giV7wBep6GFvjNmTQ
AMC   617,403   1PHTa8x3Jo4nowjNDVLFxfpCtnE1Lasmgw
AMC   271,866   1G9CD1bVJ1E1MrUhC87sxZJ2QZ17uJqzVD
AMC   237,362   1NAZhPAhVKNbek9rgXSTjk2v5FXuyGPqsS
AMC   205,563   1Mn65Q9Xm6NBoPdF8ppS3AzgRLt92ZKtTq
AMC   200,001   1Jzhrg2SYQcV7QZQU62Fef1K2zW9bMfF92
AMC   200,000   17MgYS26MFiPB5gi7z3TqrbHETKXqap4mN
AMC   179,000   1NJ4H2SMH4kaKXGFDQzCiJAYmYkWLatMxW
AMC   150,000   17vccqmnhJGZri6LWtRhJgta9yeKpns8TS
AMC   110,210   13DzTjabVGGN64Rc8V7tAkSZJ7BHUxuQqY
AMC   104,605   1EvTU1PFqAF6n3qXemeUXVTKbEFy5Rvaz4
AMC   101,000   17k5yt6nLNLNsgeGY61sqt9F2QcMRe4tAA
AMC   100,544   1KH752orCcF5JPRVicDqoLNqsuDs1MpsGc
AMC   100,126   12ReWsanTsbWGxrRqgoRijJcRr74Duj6h6
AMC   100,126   1HEEyQqdjUjz2ZBBxYNDSo2Sp2GPmvYexm
AMC   100,126   11128WoN565mVBD6upS5hwkBFkrncntJRX
AMC   100,000   1LKSeSk8cE2hEPGPs4Chx7EsGa5KuAwmDQ

These 2 addresses account for the 5 million shares on BTC-TC and BitFunder:
AMC   4,623,458
AMC   8,809,056

Some other account is holding the missing ones form the 5 million that started on BTC-TC

auto2nr1

sr. member

Activity: 350

Merit: 250

Quote from: auto2nr1 on June 26, 2013, 06:31:01 PM

So as of right now there are 40,000,000 shares issued for the time being in total. Out of those 20,000,000 shares will be retained by AMC to maintain a growth and expansion fund. Right now is there a total of 7,000,000 on the market? Where can we see how many shares have been opened up for trading?

Quote from: MikkisJ on June 27, 2013, 01:55:16 PM

So how many shares are issued now? Is that 40,000,000 + 2,000,000 (being issued now at bitfunder) + 2,000,000 (being issued now at btct)?

No one answered my question. But this is what i am thinking now.

40,000,000 shares issued.
---
20,000,000 shares for growth and expansion
5,000,000 early adopter shares originally issued
2,000,000 early adopter shares 2nd round
2,000,000 bitfunder amc-pt btct.co shares
---

So we have 11,000,000 shares still available if needed?

lewicki

sr. member

Activity: 294

Merit: 250

Quote from: MikkisJ on June 27, 2013, 01:55:16 PM

So how many shares are issued now? Is that 40,000,000 + 2,000,000 (being issued now at bitfunder) + 2,000,000 (being issued now at btct)?

The 5 million on BTC-TC are part of the 40 million issued on BitFunder. 40,000,000 shares issued total.

enigmazr

newbie

Activity: 27

Merit: 0

I live about 7 hours driving distance from Springfield. I might have to visit you sometime soon Ken!! Exciting things happening. Can't wait for the pending news!

MikkisJ

member

Activity: 126

Merit: 11

So how many shares are issued now? Is that 40,000,000 + 2,000,000 (being issued now at bitfunder) + 2,000,000 (being issued now at btct)?

Exocyst

sr. member

Activity: 266

Merit: 250

Science!

Raised 18.38% of BTC10,000 without even making the announcement yet.

chsados

hero member

Activity: 662

Merit: 545

I serve to please Grin

was confused as the url lead to some nootropic pill website. it can be found on github if anyone's interested. http://blog.seanja.com/2012/11/dynamic-animated-countdown-clock-gif/

Diamondstarfall

member

Activity: 70

Merit: 10

Quote from: ShroomsKit on June 27, 2013, 12:48:33 PM

Quote from: ?? on ??

Quote from: Diamondstarfall on June 27, 2013, 12:40:32 PM

Quote from: kslaughter on June 24, 2013, 08:16:49 PM

VMC and AMC will be making a joint announcement this coming Thursday about
their Research And Development.

Timer removed. End time: 2013-06-27+18:00:00

Friendly reminding less than 5 Hour left.

Anyone know how these countdowns are made? I am assuming there is a website?

Took me 4 seconds to Google it.

That's for making my day chsados. You quoted the post and the post contained the exact information you are looking for.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: ?? on ??

Quote from: Diamondstarfall on June 27, 2013, 12:40:32 PM

Quote from: kslaughter on June 24, 2013, 08:16:49 PM

VMC and AMC will be making a joint announcement this coming Thursday about
their Research And Development.

Timer removed. End time: 2013-06-27+18:00:00

Friendly reminding less than 5 Hour left.

Anyone know how these countdowns are made? I am assuming there is a website?

Took me 4 seconds to Google it.

Diamondstarfall

member

Activity: 70

Merit: 10

Quote from: kslaughter on June 24, 2013, 08:16:49 PM

VMC and AMC will be making a joint announcement this coming Thursday about
their Research And Development.

Timer removed. End time: 2013-06-27+18:00:00

Friendly reminding less than 5 Hour left.

Vbs

hero member

Activity: 504

Merit: 500

Quote from: Exocyst on June 27, 2013, 11:14:06 AM

Agreed, but it is hard to say that they have significant development advantages on making more efficient chips than BFL, VMC, BitFury, Avalon, etc... But certainly ASICMINER has a proven track record on stream lining production.

Yep, that's why they only increase their hashrate a minimal amount. Each time they do it, costs them higher and higher. Up to a point where 110nm won't cut it anymore.

They are basically trying to get as much BTC as possible from selling their current tech, while they still can.

Exocyst

sr. member

Activity: 266

Merit: 250

Science!

Quote from: Vbs on June 27, 2013, 11:11:38 AM

Quote from: Exocyst on June 27, 2013, 11:03:47 AM

The facts as I see them are ASICMINER is leading the field in BTCmining right now, but they offer little transparency as to future plans, excepting that they intend to keep 10% of the Network hashing power and sell some hardware. AMC, to date, has been much more transparent about its intentions, and, though, they are ambitious, it seems that sustained interest from investors may bring those plans to fruition. It's a risky speculative investment, but I think a lot BTC investors are looking for big successes not small.

EDIT: BTC10,000 round of funding now:
17.22% complete

I'd argue Asicminer is mostly interested on capitalizing hardware sales as much as possible, while keeping the hashrate as constant as possible (~fixed network %).

This allows them to have a steady income for buying hardware to sell, while at the same time maximizing the price they sell their hardware at (if they increase their own hashrate too much, they have to sell the hardware cheaper overall).

Agreed, but it is hard to say that they have significant development advantages on making more efficient chips than BFL, VMC, BitFury, Avalon, etc... But certainly ASICMINER has a proven track record on stream lining production.

Vbs

hero member

Activity: 504

Merit: 500

Quote from: Exocyst on June 27, 2013, 11:03:47 AM

The facts as I see them are ASICMINER is leading the field in BTCmining right now, but they offer little transparency as to future plans, excepting that they intend to keep 10% of the Network hashing power and sell some hardware. AMC, to date, has been much more transparent about its intentions, and, though, they are ambitious, it seems that sustained interest from investors may bring those plans to fruition. It's a risky speculative investment, but I think a lot BTC investors are looking for big successes not small.

EDIT: BTC10,000 round of funding now:
17.22% complete

I'd argue Asicminer is mostly interested on capitalizing hardware sales as much as possible, while keeping the hashrate as constant as possible (~fixed network %).

This allows them to have a steady income for buying hardware to sell, while at the same time maximizing the price they sell their hardware at (if they increase their own hashrate too much, they have to sell the hardware cheaper overall).

steveioio

member

Activity: 70

Merit: 10

Quote from: synapseattack on June 27, 2013, 10:53:09 AM

So you want us to slow down and think this through with logic and common sense? You have some nerve Roll Eyes

it might help.

steveioio

member

Activity: 70

Merit: 10

Quote from: TheSwede75 on June 27, 2013, 10:50:32 AM

I don't think anyone is expecting any 'mind blowing' news. The 'problem' the way I see it is that at current valuation, the company is already valued as a mature and profitable ASIC reseller. Hell, if you weight in the total dilution of 100.000.000 shares @ current price we are looking at 25 MILLION USD company that currently only own about $1 million in capital (if the new shares sell) and a few Avalon clones and chip orders.

You are overlooking the fact that AMC is a mining company. The value is in the mining operation and the dividends paid to shareholders not in the companys assets or capital.

Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 96. (Read 223316 times)