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That wall is getting munched!
Wave 2 Uptrend commence!
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Weekly Update 12/18/13
Crypto-Trade:
I have all of the legal issues worked out, and I am programming them into the verification site.
VMC:
We are working with eASIC and our engineers to get our chip and boards in full production.
We have stock piled all the hardware to build the miners and we are per-assembling the miners.
Quoting this again so you people don't forget. This is Bullish as fuck |
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4 hr. MACD has crossed however I still think this rally will be short-lived.
Ill be looking to catch the top of this one to sell
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Agreed with OP, everything is pointing towards a downward trend. Although it could rally higher still from here this bulltrap should be almost over.
Weak recovery on the Technical Side
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Quarkcoin. at only 20 cents the % gains to be made are incredible for such an undervalued coin
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I would say Quarkcoin due to its unique and awesome hashing algorithm. I really like Primecoin too though
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Im buying Quarkcoin at these prices and holding for the long term.
It's very undervalued right now!
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ATYfwNtPWSHWm7QMb6AJspTRk4uEibF5fY
Thanks!
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For us to have made up for the rise in Bitcoin Price, prices on products would have had to increase 1000%. Obviously that isn't going to happen, as we can see by the 50% rise in product prices. The only way you can make the high bitcoin price work for you is to be a mining based business. There is a lot more money to be made that way, and this is the only way that .0025 payoff would be possible. You can't do it with fiat sales.
Personally I suspect 80% of this business profits will be mining based. Why do you think otherwise? Because we sell hardware? We haven't sold enough hardware for it to impact on our mining farm. So why all of a sudden do you think Ken is NOT going to build a substantial farm. You can not have both of your scenarios existing at the same time - it's not logical. We cannot have Ken successfully mining in secret and selling hardware for not much money but not also having an ACtM farm. There is no logistical reason that we know of for Ken not to roll out a farm if he has a good chip - so why won't he? edit I need to go to bed VE, I'll catch up tommorow with your posts/replies. Very true, the easiest way for to Ken to put the fiat profit to use is to buy mountains of chips at a discount and start mining for us. The sooner we come on to the mining scene with a bang will bring us exponentially more publicity and legitimacy to fuel the business. I wish we had any idea about the mining farm because this is getting frustrating. |
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Example 1:
Bitcoin worth $120
10,000,000 shares are priced .0015
this means that Ken would have to PROFIT $1.8 million dollars to give us .0015/share
Example 2:
Bitcoin worth $1200
10,000,000 shares priced at .0015
this means that Ken would have to PROFIT $18 million dollars to give us .0015/share. This now makes the share price worth .00015 because you have to earn 10x as much fiat.
The only way to make the insanely high Bitcoin value work for the share price is to turn this into a mining company and bring in some bitcoins with this hardware instead of selling machines. Obviously Ken won't talk about mining because he wants to take that half of the business for himself
Very good, now the Investors guarantee is now $3.00/Share @ $1,200 and it was .30/Share @ $120 Bitcoins. Seems like a win for the Investors. you will never make $3/share.. thats over 20 million dollars. You know that. You also know that mining is far more profitable. Don't act stupid. In order to make this much we need to get hashing ASAP, its very possible but not without a mining farm. Obviously ken knows this but it needs to be stressed more |
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Aside from the the new exchange, this announcement was pretty bunk.
The majority of us only care about the mining farm and Ken should know that. Hyping up an announcement by saying "it should answer most investors questions" is misleading. You can't just tiptoe around the topic of chips, we want some fucking decent information Ken. As was posted above hardware sales mean shit all. I know all i care about is the mining farm and so do the majority of shareholders.
Im still confident in ACTM but apparently anyone who doesnt think this announcement is amazing is a fudster and a troll though lol get real
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Lets hope all you fools sell as soon as the shares hit an exchange.
They will get gobbled up and the resistance to .01 will be much less after that
The potential of this company is enormous, anybody who wasn't expecting delays is an idiot (we dont even know if there is any forsure)
Just chill out and gobble gobble! whining changes nothing
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What a shitshow this has become.
Who fucking cares everybody? youre playing into the trolls hands by posting nonsense like this all day.
Lets hope Ken has something significant to show us soon so all you idiots can stop pretending shit like this is a big deal
ps. I was ecstatic when I checked cryptostocks yesterday and ACTM had hit .007, please get us on an exchange!
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Difficulty rise seems to have tapered off as the price has risen, Hopefully Activemining can be one of the first to start pushing this gen2 wave!
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Hopefully we have an exchange to trade shares on before the end of the year.
If this company wasn't in fucking USA land of the slaves this would not be an issue.
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So did Ken ever confirm if this $1 Mil sale was actually paid for or not?
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If I make two seperate transfers to AMC-Tender will I run into any problems?
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Wow...
Havelock Please! Cavirtex is a company I have a a lot of trust in
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Im not talking about the satoshi dust dividends...I could care less about those. Im talking about the divs from the mining farm that were building...
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