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Topic: Hey Activeminers? You won't make your investment back. - page 2. (Read 5241 times)

hero member
Activity: 756
Merit: 522
The 3rd-person references crack me up, what a nice touch. What flavorful personalities this Bitcoin world is graced with.

Looky, that I'm the girl in the avatar pic and that MP is a different person are well documented and long standing established rock solid facts. There's pictures of both of us in the same room, people met us in person at that conference you never knew about (you know, the one where MtGox' demise was decided), on it goes.

In spite of this having been amply documented, all over irc, all over this forum even, clueless noobs still jump both feet into their ridiculous assumptions on the matter, which is by now in itself a meme and a perpetual source of amusement at those clueless noobs' expense.

The only question remaining would be "why'd you put yourself in that laughable position". Do try and answer, I'm curious.
member
Activity: 119
Merit: 10
That IPO wasn't exactly done well. It's not even clear if AMC bought their own shares at some point - though I'm sure they are all sold by now.
To be honest, you don't really know what you're talking about (although I will hand it to you that the IPO(s) were a bit of a shitshow). There's a small amount of shares that are unsold, which Ken can sell if further funds are needed.
Nothing ever pointed to AMC "buying their own shares" and it wouldn't really make sense to begin with.

I guess this is just a form of entertainment for a lot of you, but I just want to let you know there's better ways you can spend your time, such as thinking about where to put your gains from whatever mining company you placed bets on. The smart ones among us have already started gradually stepping out of the mining industry and into realms that will strengthen Bitcoin in other ways (and further increase and protect our gains).

Why all the hate anyway? Did MP touch you places or something?

The 3rd-person references crack me up, what a nice touch. What flavorful personalities this Bitcoin world is graced with.
hero member
Activity: 756
Merit: 522
Now that this thread is officially a circle jerk between a troll and a washed up bitcoiner, I'll take my leave.

Good luck Mr Pankkakers.

Why all the hate anyway? Did MP touch you places or something?
sr. member
Activity: 392
Merit: 250
http://casinobitco.in/ A+ customer support
Bet started:3 hours 10 minutes ago (09-09-2013)
Bet closing: in 6 months 23 hours (10-03-2014)
hero member
Activity: 756
Merit: 522
You mean like the $1,000,000+ worth of IPO shares that got eaten up for 5x the first-round IPO price?  I put my Bitcoins where my mouth was all those months ago, and so far it's paid off fine. I ALSO hedged my bets with almost every other mining company, and sold a good portion of my ActM shares at an 8x profit in order to diversify and balance out my portfolio again once the ActM basket had too many eggs in it.
There's 3600 Bitcoins a day being made. We're all going to grab a chunk of it, and arguing isn't going to make your chunk bigger.

Well if nothing else I definitely like that attitude.
member
Activity: 119
Merit: 10
But this isn't my question anyway; why so many people believe in ActiveMining on paper (the forum), but not on bitcoins?
You mean like the $1,000,000+ worth of IPO shares that got eaten up for 5x the first-round IPO price?  I put my Bitcoins where my mouth was all those months ago, and so far it's paid off fine. I ALSO hedged my bets with almost every other mining company, and sold a good portion of my ActM shares at an 8x profit in order to diversify and balance out my portfolio again once the ActM basket had too many eggs in it.
There's 3600 Bitcoins a day being made. We're all going to grab a chunk of it, and arguing isn't going to make your chunk bigger.
hero member
Activity: 756
Merit: 522
Anyway, back on topic! So far only one guy believes in ActimeMining, which is surprisingly different from the forum thread.
That makes sense to me.  Anyone that believes in ActiveMining would be buying now that it's back near the IPO price. Why tie your BTC up for 6 months when you can invest them? Those betting "No" are probably desperate for a proper shorting mechanism on BTC-TC or Bitfunder.

Shorting on the play exchanges is and remains a problem since the days of GLBSE.

Believe me, I think the whole mining market is a bad industry to be in in the long term. I'm here for my quick buck then I'm onto something a little more useful. I'm just saying: in the short-term, barring unforeseen cancellations or delays, all these mining companies are going to accomplish very similar goals, essentially consolidating mining by squeezing all the individuals out. There will be plenty of time to switch horses or sell out at a profit. Cheerleading and trolling alike don't accomplish much. Just diversify a bit, leave your money where it's at and enjoy the ride.

I'm with pankakke here: none of this scammy crud, activeminer, picostocks, labcoin etc will be on that list.

And for that matter none of this crud even qualifies as "companies" in the first place.

I don't see any way around it though.

Especially if you're actually contemplating REALIZING those gains rather than just imagining them.

But anyway: due to the workings of weight putting your BTC on such bets early can be great investment.

But this isn't my question anyway; why so many people believe in ActiveMining on paper (the forum), but not on bitcoins?

Because they get paid a little dust to post on the forum. Doh.

Hence the "can't I afford normal advertising" question above. Why don't I pay the internet scum to say nice things too? They're being cheated! It's unfair! They'll say not nice things instead!!1
member
Activity: 119
Merit: 10
To me it's hilarious that your definition for "tie up your BTC for 6 months" is different from "investing them".
You could open and close many positions in 6 months.
Yeah, if I was a day trader. But fortunately I'm smarter than that and have better uses of my time.
sr. member
Activity: 493
Merit: 262
Get out of here. Historically most BTC securities trade happened on MPEx. Some scammers are faking the volumes currently, making that measure not particularly useful, but nevertheless: Bitcoin securities trading happens on MPEx. Always has. Always will..
You should see a doctor, you seem to be hallucinating.
hero member
Activity: 487
Merit: 500
Are You Shpongled?
To me it's hilarious that your definition for "tie up your BTC for 6 months" is different from "investing them".
You could open and close many positions in 6 months.
member
Activity: 119
Merit: 10
You need to read up on this.
Believe me, I think the whole mining market is a bad industry to be in in the long term. I'm here for my quick buck then I'm onto something a little more useful. I'm just saying: in the short-term, barring unforeseen cancellations or delays, all these mining companies are going to accomplish very similar goals, essentially consolidating mining by squeezing all the individuals out. There will be plenty of time to switch horses or sell out at a profit. Cheerleading and trolling alike don't accomplish much. Just diversify a bit, leave your money where it's at and enjoy the ride.

That makes sense to me.  Anyone that believes in ActiveMining would be buying now that it's back near the IPO price. Why tie your BTC up for 6 months when you can invest them? Those betting "No" are probably desperate for a proper shorting mechanism on BTC-TC or Bitfunder.

To me it's hilarious that your definition for "tie up your BTC for 6 months" is different from "investing them".
hero member
Activity: 487
Merit: 500
Are You Shpongled?
Anyway, back on topic! So far only one guy believes in ActimeMining, which is surprisingly different from the forum thread.
That makes sense to me.  Anyone that believes in ActiveMining would be buying now that it's back near the IPO price. Why tie your BTC up for 6 months when you can invest them? Those betting "No" are probably desperate for a proper shorting mechanism on BTC-TC or Bitfunder.
hero member
Activity: 756
Merit: 522
Find a way to make the bet so that you can't game it by false volume spikes on your own exchange, and you're on.

Perhaps explain this concept of false volume spikes.

The arguing and trolling that goes on here is absurd. You need to understand that the playing field is fairly level, there's a large market to harness and anyone with the right resources will be able to control their own percentage. It's going to boil down to about 6-7 companies maintaining their chunks (including people mining with their products). It doesn't really matter which horse comes out ahead because we're already halfway through the race, and the top 6 places all take home gold.

You need to read up on this.

Because I don't think his exchange is going to go down (nobody cares enough to try), so that's out. I don't think the average weekly volume on his exchange will ever surpass that of other exchanges (btct, bitfunder, havelock, etc.), but that bet requires me to trust MP, which is also out of the question. Any other ideas? Because I'd jump at an opportunity to go short on MP.

Get out of here. Historically most BTC securities trade happened on MPEx. Some scammers are faking the volumes currently, making that measure not particularly useful, but nevertheless: Bitcoin securities trading happens on MPEx. Always has. Always will.

That aside, children are welcome to keep on playing with their age-appropiate toys.

You can trivially short S.MPOE, borrow some shares from any of the brokers.
member
Activity: 119
Merit: 10
Anyway, back on topic! So far only one guy believes in ActimeMining, which is surprisingly different from the forum thread.
The arguing and trolling that goes on here is absurd. You need to understand that the playing field is fairly level, there's a large market to harness and anyone with the right resources will be able to control their own percentage. It's going to boil down to about 6-7 companies maintaining their chunks (including people mining with their products). It doesn't really matter which horse comes out ahead because we're already halfway through the race, and the top 6 places all take home gold.

Why don't you do it?
Because I don't think his exchange is going to go down (nobody cares enough to try), so that's out. I don't think the average weekly volume on his exchange will ever surpass that of other exchanges (btct, bitfunder, havelock, etc.), but that bet requires me to trust MP, which is also out of the question. Any other ideas? Because I'd jump at an opportunity to go short on MP.
member
Activity: 119
Merit: 10
Do one for mpex as well

There was one about a year ago, back when people's butts were still smarting after the GLBSE beating. It closed like 100:1 against and I guess nobody felt like risking any of his BTC going straight against Bitcoin's only behemoth. If you have some spare BTC you can certainly try your luck tho.
Find a way to make the bet so that you can't game it by false volume spikes on your own exchange, and you're on.
hero member
Activity: 756
Merit: 522
Do one for mpex as well

There was one about a year ago, back when people's butts were still smarting after the GLBSE beating. It closed like 100:1 against and I guess nobody felt like risking any of his BTC going straight against Bitcoin's only behemoth. If you have some spare BTC you can certainly try your luck tho.
legendary
Activity: 1025
Merit: 1000
Do one for mpex as well
hero member
Activity: 756
Merit: 522
not that I would be holding actm or thinking otherwise but, you cannot afford to pay normal advertisment for your project MPOE-PR ?

So much wrong with this, seriously. A. Not my project; B. What do you think "normal" advertisement is? C. Why do you think "normal" advertising is even worth doing? D. Why do you think this is advertisement in the first place?

I'll bet you it will be profitable.. Just depends on when you bought it..

It dropped yesterday and I snapped up a bunch of it.. Even if it doesn't go to the moon it will still end up profitable.

About 10:1 atm it won't be profitable, so no.

Why is this its own thread in the securities forum?
Why does the thread still show up even though I have MPOE's account ignored?

Who asked you anything?
full member
Activity: 238
Merit: 100
Why is this its own thread in the securities forum?
Why does the thread still show up even though I have MPOE's account ignored?
legendary
Activity: 1358
Merit: 1003
Designer - Developer
I'll bet you it will be profitable.. Just depends on when you bought it..

It dropped yesterday and I snapped up a bunch of it.. Even if it doesn't go to the moon it will still end up profitable.
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