It was genius to invest when Actm was a viable competitor
It never was. You profited from the hype, congratulations, but don't lie to yourself.Your other investment still has to prove itself.
I bought ACTM shares before their first Avalons arrived, because I knew the shares would spike when they started paying dividends. Genius, right?
ACTM had a narrow window of opportunity to be viable, which slammed closed when HashFast de-cloaked.
They had a second chance to focus on building a mine with HashFast instead wasting our BTC finishing their own obsolete, leapfrogged chip.
I advised them to take this course of action, but was Ignored.
I know my other investment has yet to prove itself.
Did I ever say "my other investment has proven itself?"
No, I didn't. So don't put words in my mouth.
I don't participate in obvious scams because to profit you have to sell to someone. That someone becomes a bagholder and you are in part responsible for it. Your money was used to pump up the scam. Some people are comfortable taking advantage of strangers. I am not.
It is more than a moral issue. The law sees things the same way, and does on occasion force those that profit from scams to return their gains to compensate the ultimate victims. Many of Bernie Madoff's investors ended up with bills from the SEC and lost in court when they fought the issue.
Only an idiot would advertise profiting off a scam, even if he was unaware he was participating in one initially.
Maybe the SEC will get around to forcing Theymos to refund the money he made 'investing' with Pirateat40 :-)
