Lol VE with respect is almost as big a joke as you are! What are you on about 'all you need to know'?
The reason you are here Trollie boy - is? Have you cleared your pennies from btc.co yet? When does your ACtM buy back begin? Laughable.
I was on to you a month ago and everyone said I was stupid to bother with you. But you are being paid to talk down the stock then you will jump back in! If that isn't the actions of a low-life parasite I don't know what is. Your unwavering dedication to this thread gives you away buddy. Too much interest.
You know where this stock is going don't you.
Yes, we do know where it is going. Down to 0.001 BTC till November when it finally adds some hashing power to that 430 GH/s. It's amazing that you guys think that ActM will keep its price or even increase in price just because eASIC confirm their deal with ActM. |
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call me biased but you are all going to be wiped out by the immanent sell off. its coming.
Care to bet on it? He must have thought he was posting in the ActM thread as his comment makes perfect sense for a company that will be stuck at 430 GH/s till November. |
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why would anyone sell a stock that has gone up 300% and has been bashing against a wall for almost two weeks? mmmm lets see...
For the same reason that they'd buy a stock that has dropped 50% in the past two weeks - they're silly and don't do the maths. |
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I'm not talking about Avalon chips, I'm talking about the 28nm chips. Samples from them will arrive around the beginning of November. Low volume production will start around the beginning of December and normal volume production will start around the beginning of February.
Until ActM get those samples in November, they're stuck at 430 Gh/s and have no mining hardware to sell apart from the 6 Avalons producing that 430 Gh/s. So, where exactly is this 50K/month going to be coming from when they don't have any ASIC yet and won't have any significant quantity till December?
No, you are just (wrongly) speculating on the dates. See post #2 on this thread. The date I gave were based on the info in the second post, allowing for slight delays and time to assemble devices. If I am so wrong, then why don't you show us what is right? |
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Perhaps one of you lunatics can explain something? Why do you think ActM is worth more than 0.001 BTC while LC is worth less than 0.01 BTC and will have 10x the hashing power within the next week?
Because hashing power means crap in a scenario where diff rises at ~1.7%/day, like we have currently. In 60 days LC's hashrate will be worth ~1/(1.017^60) = ~36% of what it's worth today. Chip sales revenue will beat any of that, especially efficient 28nm chips. If hashing power means crap, then why are you investing in a company that produces hashing power? Why would people buy chips if hashing power means nothing? Also, in order to sell chips, you actually have to have chips to sell. So, how many chips do you think are likely to be had from the sample batch in November? How many from low volume production in December? Meanwhile LC will have been hashing with 4 TH/s from the 10th September at the latest and increasing that to 50 TH/s in October. You can mock that hashing power as being meaningless as much as you want, but it'll represent at least 5% of the network hash rate. If ActM had any chance of paying meaningful divs before December, you'd be singing a different tune. |
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So, where are you expecting this 50K to come from and in when are you expecting it?
75% of the 50K comes from hardware sales. The Avalons we didn't receive are a drop in the ocean. Would they have even made ROI? Some/all of the refund money may still come as dividends, though many suggest we reinvest it instead. Avalon update-
Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER DATE STATUS TOTAL
#10473 June 1, 2013 Sample-chip-shipped 782.10 for 1 item
#10409 May 28, 2013 Sample-chip-shipped 782.10 for 1 item
I'm not talking about Avalon chips, I'm talking about the 28nm chips. Samples from them will arrive around the beginning of November. Low volume production will start around the beginning of December and normal volume production will start around the beginning of February. Until ActM get those samples in November, they're stuck at 430 Gh/s and have no mining hardware to sell apart from the 6 Avalons producing that 430 Gh/s. So, where exactly is this 50K/month going to be coming from when they don't have any ASIC yet and won't have any significant quantity till December? |
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.. by the time ActM get to the mass production stage
.. ActM will have monthly profits (from mining + hardware) approaching BTC50K/mo and everyone who bought under 0.004 will have broken even. Without the ability to mass produce hardware due to not having the ASICs? I seriously doubt it. Between now and November, ActM will be paying dividends from 430 Gh/s. That'll fall from the 220 Satoshis it's currently at to a few tens of Satoshis by November when they get their samples. Low volume production wont start till around December and normal volume production won't start till around February. That's based on Ken's own estimates, which is likely based on info provided directly by eASIC. So, where are you expecting this 50K to come from and in when are you expecting it? |
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Still best company to invest in.
ActM have 430 Gh/s online. In the next week, Labcoin will be bringing 10x that hashing power online. Over the next 2 weeks, ActM's price is going to drop to about 0.001 BTC and stagnate there till November when they bring some hashing power online based on their sample chips. Until then, they're stuck with the 430 Gh/s they currently have. So yeah, now is an excellent time to invest in this company, honest! Perhaps one of you lunatics can explain something? Why do you think ActM is worth more than 0.001 BTC while LC is worth less than 0.01 BTC and will have 10x the hashing power within the next week? You keep repeating the same shit, first off I'm going to report this to the moderators for spam since you have stated this same thing 8 times. Second off, no one is buying Shares of ActM for their current hashrate, the price of shares does not reflect that. If you want to go buy shares based on current hashrate go buy Lab Rat Mining shares. The shares are valued at potential of the company. obviously we value ActM's potential a lot more than Labcoins. It's fairly Obvious Labcoin is needlessly spending money on old technology to try to trick shareholders into thinking they will be able have sustainable hashrate by going to 130 to 55 to 28 or whatever their plan is. It's cheaper/faster/more sustainable to go right to 28nm and have not "trick" shareholders with a meaningless 4TH. Hey, you keep telling the truth to people, I'm telling the teacher on you! If it's cheaper/faster/more sustainable to go straight to 28nm then why are there currently no 28nm ASICs and why is the most successful ASIC company using 130nm ASICs? At some point, you've got to realise that what you are saying is simply nonsense that you made up which has no evidence whatsoever to back it up. If LC are trying to "trick shareholders" with a "meaningless" 4 Th/s, then what the hell are ActM trying to do with their miraculous 430 GH/s? LC will have 50 Th/s online before ActM even gets its sample chips. It'll have rolled out he 65nm chips by the time ActM get to the mass production stage. |
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Still best company to invest in.
ActM have 430 Gh/s online. In the next week, Labcoin will be bringing 10x that hashing power online. Over the next 2 weeks, ActM's price is going to drop to about 0.001 BTC and stagnate there till November when they bring some hashing power online based on their sample chips. Until then, they're stuck with the 430 Gh/s they currently have. So yeah, now is an excellent time to invest in this company, honest! Perhaps one of you lunatics can explain something? Why do you think ActM is worth more than 0.001 BTC while LC is worth less than 0.01 BTC and will have 10x the hashing power within the next week? |
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He assumed the worst case, and still came up with 3 months earlier than your doom-and-gloom predictions. Please stop spreading FUD and go play somewhere else.
He didn't assume the worst case at all, he assumed the best case and that's just for the sample chips as clearly stated by Ken: What are the current plans for chip development?ActiveMining is in the process of gathering necessary funds for paying NRE costs on its 28nm chip. We hope these funds to be gathered soon, so that chip production can start as soon as possible. Estimated dates after NRE payment are: - Chip samples delivered in 9 weeks;
- Low-volume chip production starting in 12 weeks, using an e-beam process;
- Normal volume chip production starting in 16-18 weeks.
The funds were not gathered until the end of July / beginning of August, and it's unknown when the NRE costs were paid. In the best case scenario, NRE costs would have been paid at the beginning of August and normal volume shipping would be January. You can deny this as much as you want, but that's based on the info given to us directly by Ken. nre costs were paid in full on 5/17 http://axs.net/AMC/eAsic-NDA0002.jpgplease stop posting misinformation That's clearly the NDA, which is clearly not confirmation of the payment of the NRE costs. Try again when you actually have a clue about what is being discussed. Ken has not stated when the NRE costs were paid but it must have been some time in August. |
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He assumed the worst case, and still came up with 3 months earlier than your doom-and-gloom predictions. Please stop spreading FUD and go play somewhere else.
He didn't assume the worst case at all, he assumed the best case and that's just for the sample chips as clearly stated by Ken: What are the current plans for chip development?ActiveMining is in the process of gathering necessary funds for paying NRE costs on its 28nm chip. We hope these funds to be gathered soon, so that chip production can start as soon as possible. Estimated dates after NRE payment are: - Chip samples delivered in 9 weeks;
- Low-volume chip production starting in 12 weeks, using an e-beam process;
- Normal volume chip production starting in 16-18 weeks.
The funds were not gathered until the end of July / beginning of August, and it's unknown when the NRE costs were paid. In the best case scenario, NRE costs would have been paid at the beginning of August and normal volume shipping would be January. You can deny this as much as you want, but that's based on the info given to us directly by Ken. |
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Yay! Sold high, bought back low! In November Active Mining will be HIGH!
The price will drop to around 0.001 BTC over the next 2 weeks and stay there until November. Then it'll rise to a high. May as well take your money out and make some profit from it till then instead of letting it stagnate. Can we get the labcoin pump crap out of here. Here's my speculation I think we will get concrete results from the easic deal confirmed via ken this week. I don't understand what you guys are expecting from such a press release. Ken has already stated in the second post on the official thread that sample chips would be received 9 weeks after NRE costs were paid. If those cost were paid at the beginning of August, then the samples should arrive early to mid October. If the NRE costs were paid towards the end of August, samples should arrive at the beginning of November. So, let's say eASIC confirmed the deal with ActM this week, the sample chips still wont arrive for another 5 weeks at minimum. What are you expecting the results of such news to be? A major price increase? When there's nothing to show for at least 5 weeks? 5 weeks isn't exactly a lifetime I'll survive Sure, you'll survive, but ActM is unlikely to prosper during that period of stagnation. I believe your timeline is off. I've stated my own prediction in the main thread, I believe. Here's what you said: That gives targets of:
* November for samples,
* December for low volume production,
* February for mass production.
So they will have their inefficient FPGA copy-paste chips later than the competition? And that's if everything goes well? "We are allowed to confirm that the BTC were converted some time ago and the
board designs are in progress." Exhibit A.)  If we in the board design stage I believe we are somewhere in Floorplanning. If you count up the segments of the design flow you'll see we have nine stages in an 8-10 week process, so I think it's fair to say that each phase takes an average of around a week. So ActM is likely 2-3 weeks deep into production process that, max, takes 10 weeks. I estimate that we started production on August 5 (I think Ken's "quite some time ago" and the speed at which TradeHill can convert BTC to USD would agree with this estimation.) Lets assume a full 10 weeks from Aug 5. That places tape-out between October 7th and 14th. Meaning we can start manufacturing the FastHash and start shipping chips for income and dividends somewhere in early to mid October. I'd say we could be shipping devices by the end of November. |
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Yay! Sold high, bought back low! In November Active Mining will be HIGH!
The price will drop to around 0.001 BTC over the next 2 weeks and stay there until November. Then it'll rise to a high. May as well take your money out and make some profit from it till then instead of letting it stagnate. Can we get the labcoin pump crap out of here. Here's my speculation I think we will get concrete results from the easic deal confirmed via ken this week. I don't understand what you guys are expecting from such a press release. Ken has already stated in the second post on the official thread that sample chips would be received 9 weeks after NRE costs were paid. If those cost were paid at the beginning of August, then the samples should arrive early to mid October. If the NRE costs were paid towards the end of August, samples should arrive at the beginning of November. So, let's say eASIC confirmed the deal with ActM this week, the sample chips still wont arrive for another 5 weeks at minimum. What are you expecting the results of such news to be? A major price increase? When there's nothing to show for at least 5 weeks? 5 weeks isn't exactly a lifetime I'll survive Sure, you'll survive, but ActM is unlikely to prosper during that period of stagnation. |
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Yay! Sold high, bought back low! In November Active Mining will be HIGH!
The price will drop to around 0.001 BTC over the next 2 weeks and stay there until November. Then it'll rise to a high. May as well take your money out and make some profit from it till then instead of letting it stagnate. Can we get the labcoin pump crap out of here. Here's my speculation I think we will get concrete results from the easic deal confirmed via ken this week. I don't understand what you guys are expecting from such a press release. Ken has already stated in the second post on the official thread that sample chips would be received 9 weeks after NRE costs were paid. If those cost were paid at the beginning of August, then the samples should arrive early to mid October. If the NRE costs were paid towards the end of August, samples should arrive at the beginning of November. So, let's say eASIC confirmed the deal with ActM this week, the sample chips still wont arrive for another 5 weeks at minimum. What are you expecting the results of such news to be? A major price increase? When there's nothing to show for at least 5 weeks? |
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To deal with some more points brought up both by fudsters and those people who are replying to it.
I've already explained why an NDA can prevent some of the things mentioned here from being discussed, so to bring it up again is to spread FUD to affect share price.
eASIC have not said they are producing anything from VMC. That's a key thing we're waiting on.
No one here knows whether chips will be Sept, Oct or Nov. Any of you claiming otherwise are making it up for your own purposes. Please don't. That's something that has to come from Ken sooner or later.
Please stop replying to crumbs, pompo et al. All you're actually doing is spreading more fud as a result and once again making the thread useless. You're not doing anyone any favours by replying. Use your ignore list, that's what it's there for.
If you want to engage trolls, PM or use the speculation thread.
In order for sample chips to arrive before October, the NRE costs must have been paid before ActM had the funding to do so. If the NRE was paid at the beginning of August, sample chips should arrive early to mid October. If the NRE was paid towards the end of August, then the sample chips should arrive early November. That's based directly on the figures given by Ken in the second post in this thread. Are you saying he was lying and those figures are incorrect? |
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Yay! Sold high, bought back low! In November Active Mining will be HIGH!
The price will drop to around 0.001 BTC over the next 2 weeks and stay there until November. Then it'll rise to a high. May as well take your money out and make some profit from it till then instead of letting it stagnate. |
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Now you're just spewing BS, Mabsark. eASIC is known for its quick turnaround time which is more like 4 weeks than 4 months in the grim picture you are painting. We'll have sample chips before October and you can quote me on this if I'm wrong.
Wow, calling that optimistic is putting it mildly... Mid November at best. You can quote me on that if I'm wrong. The funny thing is that Ken even stated how long chip production would take in the second post in this thread: What are the current plans for chip development?ActiveMining is in the process of gathering necessary funds for paying NRE costs on its 28nm chip. We hope these funds to be gathered soon, so that chip production can start as soon as possible. Estimated dates after NRE payment are: - Chip samples delivered in 9 weeks;
- Low-volume chip production starting in 12 weeks, using an e-beam process;
- Normal volume chip production starting in 16-18 weeks.
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While your concern for the well being of our BTC is heart warming, I think anyone holding LC at this point is well aware of the substantial risk they are taking, even without your expert advice.
Wrong man, so so wrong. The likes of this Mabsark fool is as good as guaranteeing 3x returns in a few weeks from now and inexperienced investors are actually believing it and putting their money on the line. You can't say people know the risks because you don't know that, and fools on here are persuading people this is guaranteed. It's not, infact I'm here saying the opposite - this is about to nose dive to the .002 area. THat is not based on conjecture it's based on the history of big claims in the btc mining world and chart technicals - which never lie. Even without the hashing forcasts failing this stock is going down, as sure as an apple falling from a tree. The only ones getting big profits from this will over the next 2 weeks will be the ones who dump it at the same time as the big money does. Says the guy who thinks that a line sloping gradually upwards indicates a tanking price.  |
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They shouldn't believe me, they should look at the chart themselves and do the maths themselves. Ignoring minor fluctuations, the line on the chart is almost horizontal and gradually heading up. I've already posted the maths in this thread showing why LC will be worth 0.01 BTC, just check the last few pages.
Good God man you are a complete amateur. 'the line on the chart is almost horizontal'?? Are you SERIOUS?! You should think about getting a job with an Investment Bank in the city dude your technical analysis skills are second to none. I know I'm a complete amateur when it comes to investing. That doesn't change the fact that I know how to read a chart and can do basic maths, something you clearly can't do. |
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The chart shows the price climbing gradually.
OMG - look again chump. lol you can't even read a basic chart (you clearly have no idea whatsoever) so why do you expect the masses to follow your BUY NOW advice? WHY should anyone believe your BS? Do you have an expert opinion or are you just adding 2+2 and getting to 5? I wouldn't put my money on your opinion that's for sure. They shouldn't believe me, they should look at the chart themselves and do the maths themselves. Ignoring minor fluctuations, the line on the chart is almost horizontal and gradually heading up. I've already posted the maths in this thread showing why LC will be worth 0.01 BTC, just check the last few pages. |
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