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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 341. (Read 3917468 times)

sr. member
Activity: 378
Merit: 250
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Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

Well we haven't seen board members unload shares, if they are privy to information this catastrophic, then wouldn't they have tried to unload shares before the everyman would have found out? Maybe I missed it.

JoTheKhan, not sure if I remember you from Active Mining or Ukyo threads, could you remind me?  I remember similarly heavy logic being dropped in both.

Not the Ukyo thread, definitely the Active M. Thread. My logic in Active Mining thread has pretty much been that dividends won't exist by the very definition of what a dividend was. Since the company has and will continue along in the Red until it folds or pigs fly. I believe we had a very nice conversation about this until it was deleted. =/

Edit: Please enlighten me on how this specific scam works though. I don't think I am being roped in on scams, as I am Up in AsicMiner at the moment, didn't get caught in Mt. Gox, Labcoin ( I actually made some money flipping the IPO shares since it was so obvious about the pumping, I actually feel guilty about this ), skipped Neobee, didn't keep money on WeX or BF, or any of the other stuff.

Active Mining being the only big red blot on my history, 100% fault of my own.

I always look forward to your advice. =)

I guess there is an assumption that the board members were paid off to not say anything about the company being bought or some other nefarious event?
member
Activity: 74
Merit: 10
Feel free to point out any of my posts where I have been wrong.

Uses straw man's argument = therefore, can "never be wrong"  Roll Eyes
sr. member
Activity: 378
Merit: 254
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600 isn't 5K though, I know you had someone who was trying to offload some, but those weren't close enough to be a Boardmember. If the company was going to shit and the Boardmembers knew of it, then you would expect to see 2-3 Boardmembers trying to unload atleast a couple thousand, if not all of theirs.

How any times must it be said that you not understanding how a scam works is exactly why a scam works.  If you understood, you would never fall for it. 
sr. member
Activity: 378
Merit: 254
...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

Well we haven't seen board members unload shares, if they are privy to information this catastrophic, then wouldn't they have tried to unload shares before the everyman would have found out? Maybe I missed it.

JoTheKhan, not sure if I remember you from Active Mining or Ukyo threads, could you remind me?  I remember similarly heavy logic being dropped in both.
vip
Activity: 840
Merit: 1000
To be fair, FC has never ever been good at communication. It is just no one cared when massive divs were flowing.
sr. member
Activity: 378
Merit: 254
If by "everyone" you mean investing enthusiasts and finance aficionados, and by "troll" you mean "guy who has been right on the money, each and every time," than we're on the same page Smiley

Guy starts posting for the first time in AM thread in the last 24 hours = "obvious expert"  Roll Eyes

Feel free to point out any of my posts where I have been wrong.
sr. member
Activity: 242
Merit: 250
2 things that concern/confuse me:

- The "Exchanges" expense, with no further explanation.
- Announce "aggressive dividends" and then suddenly have negative dividends.

How can you as CEO of a publicly listed company, make such run-up statements and then just post 2 links to your very vague finances that show a loss, and think it's sufficient? To me that's a CEO that no longer gives a fuck.


maybe the aggressive div after the reinvestment
sr. member
Activity: 378
Merit: 254
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Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

the boardmembers best interest is to have their 5k+ AM shares priced high. and higher. oh and fucking have divs.

Or crash the stock.  Or one of the infinite number of scenarios where share price != board's best interest.
hero member
Activity: 626
Merit: 500
https://satoshibet.com
2 things that concern/confuse me:

- The "Exchanges" expense, with no further explanation.
- Announce "aggressive dividends" and then suddenly have negative dividends.

How can you as CEO of a publicly listed company, make such run-up statements and then just post 2 links to your very vague finances that show a loss, and think it's sufficient? To me that's a CEO that no longer gives a fuck.
sr. member
Activity: 378
Merit: 250
...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

Well we haven't seen board members unload shares, if they are privy to information this catastrophic, then wouldn't they have tried to unload shares before the everyman would have found out? Maybe I missed it.


well, wait nvm...

600 isn't 5K though, I know you had someone who was trying to offload some, but those weren't close enough to be a Boardmember. If the company was going to shit and the Boardmembers knew of it, then you would expect to see 2-3 Boardmembers trying to unload atleast a couple thousand, if not all of theirs.
sr. member
Activity: 316
Merit: 250
well, wait nvm...

There was once a man selling direct shares... Cheesy
sr. member
Activity: 378
Merit: 250
financials are good, just no div, reinvested perhaps, correct?

correct, expanding production
sr. member
Activity: 242
Merit: 250
financials are good, just no div, reinvested perhaps, correct?
vip
Activity: 840
Merit: 1000
...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

Well we haven't seen board members unload shares, if they are privy to information this catastrophic, then wouldn't they have tried to unload shares before the everyman would have found out? Maybe I missed it.


well, wait nvm...
legendary
Activity: 1260
Merit: 1002
Holy shit. I just checked Havelock in a long time and I saw the price of AM. Can anyone give me a breakdown of what the hell happened ?!

"bad" financials + no divs + no FC luv
member
Activity: 74
Merit: 10
If by "everyone" you mean investing enthusiasts and finance aficionados, and by "troll" you mean "guy who has been right on the money, each and every time," than we're on the same page Smiley

Guy starts posting for the first time in AM thread in the last 24 hours = "obvious expert"  Roll Eyes
sr. member
Activity: 378
Merit: 250
...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

Well we haven't seen board members unload shares, if they are privy to information this catastrophic, then wouldn't they have tried to unload shares before the everyman would have found out? Maybe I missed it.
legendary
Activity: 1260
Merit: 1002
...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

the boardmembers best interest is to have their 5k+ AM shares priced high. and higher. oh and fucking have divs.
sr. member
Activity: 378
Merit: 254
...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.
hero member
Activity: 617
Merit: 559
Quote
"friedcat" is just an account with no RL name attached, Bitfountain could have easily changed account's owner down the line.

That's simply bullshit. Just because you don't know FCs real name doesn't mean nobody does.

I'm not agreeing with Lohoris's sentiments but his point is perfectly valid, FC's account could have changed hands 100 times without anyone here knowing and FC's always been fairly private about personal details.

Pre-IPO it was my opinion the guy and his team new their shit, knew dedicated hardware was important to Bitcoin's survival and where working in everyones best interests. FC's manner in this thread has changed an awful lot since then, maybe that's simply due to workload, pages of crappy posts or any number of things but its also quite possible FC and even the whole team is long gone. Again, I'm not saying anything positive or negative, just that folks should exercise caution and avoid making assumptions or trusting relatively unknown sources.

still, AM gen3 chips are real, FC answered technical questions on other thread lately, and even if he doenst post often anymore, his writing style hasnt changed very much. so lets not get paranoid. at least not yet.


In addition to this, the reality of the entire board of directors not being aware of this and then also not acting out on it is extremely unlikely. A complete change in ownership may be possible to pull off from the perspective of a BitcoinTalk forum account, however to convince / trick / bribe the board of directors that this change happened and not verbalize this information sounds more like fantasy.

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