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Talking of that $5000 bribe, what's happening with it? That's about 50 BTC.
50 / 10,000,000 = 0.000005 BTC
Div payout was 0.00000574 BTC so it wasn't included in that. Will it be included in next week's divs?
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Transferring shares can be postponed without any harm to the majority of us. In other words, we don't care.
All we care about are his dealings with eASIC and the engineers.
We do not care about your 10 shares not being tendered in time.
I haven't got 10 shares waiting to be tendered, I have 2845. Now that may be a drop in the ocean compared to the 120,000 you bribed Ken with $5000 to transfer form one exchange to another, while bragging about how many shares you own and asking people to praise you because of that, but it's a lot to me. Ken's too busy to transfer our shares when he said he would but he sure made time for you when you slapped him in the face with $5000. Ken has thousands of our shares. You may not care, but I do, and I'm not the only one. |
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What about my amc tneder to amct?? it is about one weeks since i send my amc shares to AMC-TENER, now automatic translaction is done, i would rather leave my shares in amc ,and i could recieve my acmt shares now ,faint!!!!!!!
No need to flip out. Due to the fact that I just got in from our business trip to
eAsic and our Engineers, I will be transferring shares as soon as possible.
There is some very important work that needs to be done first.
All tendered shares will be paid this dividend.
Active Mining, AMC Dividends Paid [.00000574]
Saturday: I'll transfer shares in 24-48 hours. Tuesday: I'll transfer shares on Wednesday. Wednesday: I'll transfer shares on Friday. Friday: I'll transfer shares as soon as possible. This Yank is starting to sound like a certain other Yank. I'd say that's reason to freak out. |
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We understand man, you don't like how Big Ken has been handling things.
If you wanna tell the man how to run his own business, I suggest you give him a call and offer him your advice.
Otherwise, you're just wasting time whining and making a fuss.
I don't want to tell him how to run his own business at all. I just want him to tell the truth instead of telling us about his plans which he knows he can't keep and therefore has no intention of keeping. To those of us who aren't sycophants, we call that "telling lies" and we call people out when they're caught doing it. We don't jump in to defend their honour. Ken's a grown man who can speak for himself, he doesn't need you guys to defend him, he can explain his own action when he's good and ready to do so. Or you could call him and he will explain it right now. From what I understand he pretty much always answers. I can't call him because I don't have the ability to call him and wouldn't dream of bugging him at this time even if I did. He's probably asleep now. |
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We understand man, you don't like how Big Ken has been handling things.
If you wanna tell the man how to run his own business, I suggest you give him a call and offer him your advice.
Otherwise, you're just wasting time whining and making a fuss.
I don't want to tell him how to run his own business at all. I just want him to tell the truth instead of telling us about his plans which he knows he can't keep and therefore has no intention of keeping. To those of us who aren't sycophants, we call that "telling lies" and we call people out when they're caught doing it. We don't jump in to defend their honour. Ken's a grown man who can speak for himself, he doesn't need you guys to defend him, he can explain his own action when he's good and ready to do so. |
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Due to the fact that I just got in from our business trip to
eAsic and our Engineers, I will be transferring shares as soon as possible.
There is some very important work that needs to be done first.
All tendered shares will be paid this dividend.
Active Mining, AMC Dividends Paid [.00000574]
Ken, how could you have possibly done the transfers by the end of business day Friday when you knew you would be away on business? Even allowing for that 4 hour delay, you still wouldn't have been back in time to meet that deadline, never mind get the transfers done. So, after you've done that very important work, transferred the shares, paid the dividends, posted the pictures and your report and hung up the phone on VolcanicErupter, could you provide an explanation as to why you keep saying you will do things when you know you can't possibly do them? I'm starting to get the impression that you need to be a pathological liar in order to run a business developing bitcoin miners. Wow, somebody has a real attitude problem... Did you consider he might be in a different time zone from you? Where did you get end of business day from? It's Friday and I've been paid my dividends, I'm satisfied that he kept his word. Of course I have an attitude problem. That's what happens when you lie to someone repeatedly. I know for a fact that Ken is in a different timezone to me and have taken that into consideration. Where did I get end of business day from? From Kens's post: Hello all! I just wanted to pass along a few updates while I am onsite meeting with the engineering firm regarding the Avalon clones. First though, I would like to apologize for the delay on transferring the shares from AMC-TENDER back into your accounts on BitFunder as ActiveMining shares. It has been a hectic week(s) and I have not had time to get these processed. I am planning on having all of the tendered shares in AMC-TENDER out the door by end of business Friday along with dividends after the transfer. I cannot get to these until Friday because I am still on the west coast finalizing some orders of business with the engineers on the prototypes.
He knew he couldn't do the transfers by then so why did he say he could? Why couldn't he just say he would do them on Saturday? I've been an ardent supporter and promoter of AMC since day 1 but these silly little lies are turning me against it. There's simply no need for them and it harms the company's image. |
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Due to the fact that I just got in from our business trip to
eAsic and our Engineers, I will be transferring shares as soon as possible.
There is some very important work that needs to be done first.
All tendered shares will be paid this dividend.
Active Mining, AMC Dividends Paid [.00000574]
Ken, how could you have possibly done the transfers by the end of business day Friday when you knew you would be away on business? Even allowing for that 4 hour delay, you still wouldn't have been back in time to meet that deadline, never mind get the transfers done. So, after you've done that very important work, transferred the shares, paid the dividends, posted the pictures and your report and hung up the phone on VolcanicErupter, could you provide an explanation as to why you keep saying you will do things when you know you can't possibly do them? I'm starting to get the impression that you need to be a pathological liar in order to run a business developing bitcoin miners. Ken doesn't sit all day in front of his computer taking care of people with 10 shares in the company. He doesn't sit all day in front of his computer in his underwear either. Put some clothes on and go for a walk... or just sell your shares. Blah, blah, blah... basement...underwear...I'm rich, please worship me.. blah,blah, blah. What part of anything I said would suggest that I think Ken sits in front of his computer all day? I have no problem with Ken going on theses business trips to sort stuff out. What I do have a problem with is Ken saying he will do something when he knows for a fact that it won't actually be possible. Is truth too much to ask for from the CEO of the company I'm investing in? If Ken knew he would be away on business, then he should have said that he would transfer the shares on Saturday. That's called "telling the truth", a concept which is clearly alien to you. |
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Due to the fact that I just got in from our business trip to
eAsic and our Engineers, I will be transferring shares as soon as possible.
There is some very important work that needs to be done first.
All tendered shares will be paid this dividend.
Active Mining, AMC Dividends Paid [.00000574]
Ken, how could you have possibly done the transfers by the end of business day Friday when you knew you would be away on business? Even allowing for that 4 hour delay, you still wouldn't have been back in time to meet that deadline, never mind get the transfers done. So, after you've done that very important work, transferred the shares, paid the dividends, posted the pictures and your report and hung up the phone on VolcanicErupter, could you provide an explanation as to why you keep saying you will do things when you know you can't possibly do them? I'm starting to get the impression that you need to be a pathological liar in order to run a business developing bitcoin miners. |
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I've just contacted Ukyo about this and asked if he could take over the AMC-TENDER transfer as well.
Ukyo should take his time to code the process correctly, unless you would like the risk of a screw-up? Also, he should not take over the AMC-TENDER transfer, since he does not have access to Ken's email. Why the hurry? If anything, there has been a lot of caution involved in this whole process to make sure everything is done properly and safely. Your shares aren't going to suddenly turn into smoke. I didn't ask him to rush it, just if he could take over the process. Why? Because this is the second time Ken has broken his word and I'm losing my trust in him rapidly. I know he is busy but that is no excuse for making up time frames which he has no intention of sticking to. I had a little bit of change left over and was able to pick up a share during one of the price drops. I've been trading that single share and I've almost made enough to buy a second share. If I would have had all my shares to trade, I would likely have 1.5x more by now based on my trading of that single share. It's frustrating to say to least. |
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thanks for the help and sunshine this morning regarding this 140+ page thread  Some how this makes it ok to be lazy and expect us to spoon feed information? For christ FSM sake just go book mark the link to posts only by Ken. Then you don't have to read as much. We understand how much it hurts to comprehend words. There's so many people asking the same questions in this thread it's starting to make it useless. How do you guys feel about a simple website that just has the important information and answers to redundant questions, ill update it best I can. I'll do it now it'll take 5 seconds, we should just redirect people to it to remove this clutter. +10 (elephant and american flag as a icon?) WTF? You must be one of those delusional republican fuckers...  never mind that, your comment about this thread and idea about the website are good. Site is up, lets see will it function as expected. BTW, how can dividends be paid before the income statement gets published? BTC investment world is amazing... LOL So, the second deadline has come and gone and I still haven't got my shares yet and once again no explanation as to why. Let me guess, Ken Josh 2.0 is now on the east coast and I'll get them in 2 weeks. I dont claim to know the mind of Ken, but its possible he is waiting on Ukyo to turn AMC > ActiveMining before he pushes those shares back I've just contacted Ukyo about this and asked if he could take over the AMC-TENDER transfer as well. |
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thanks for the help and sunshine this morning regarding this 140+ page thread Some how this makes it ok to be lazy and expect us to spoon feed information? For christ FSM sake just go book mark the link to posts only by Ken. Then you don't have to read as much. We understand how much it hurts to comprehend words. There's so many people asking the same questions in this thread it's starting to make it useless. How do you guys feel about a simple website that just has the important information and answers to redundant questions, ill update it best I can. I'll do it now it'll take 5 seconds, we should just redirect people to it to remove this clutter. +10 (elephant and american flag as a icon?) WTF? You must be one of those delusional republican fuckers... never mind that, your comment about this thread and idea about the website are good. Site is up, lets see will it function as expected. BTW, how can dividends be paid before the income statement gets published? BTC investment world is amazing... LOL So, the second deadline has come and gone and I still haven't got my shares yet and once again no explanation as to why. Let me guess, Ken Josh 2.0 is now on the east coast and I'll get them in 2 weeks. Dividends are the last thing on my mind. |
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Again, if anyone was wondering why did he end up in some ignore lists...
For posting facts and maths which some people don't seem to like? |
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My point in posting those previous divs was to show that deltanine was being highly selective, starting from a point after divs had just halved.
Let's set the record straight. On June 20th we got a div of 0.01810108 per share. On June 22nd you said divs would begin to drop. Over the next two months divs have not dropped a single satoshi. Can't you do simple maths? Why don't you quote the post of mine you are referring to? I'm pretty sure the gist of my argument was that divs and share price would drop as the competition set to arrive in the coming months came online. |
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The reason you guys claim I was trolling is simply because you didn't like what I was saying, even though what I was saying has proven to be true.
Your track record isn't as spotless as you would like to think. Here's something you said back on June 22nd. Over the next few months, you'll see a decline in AM dividends and anyone claiming otherwise is talking out their arse in order to try and inflate the share price even further.
Now here we are in the beginning of August. I do not see any drop in divs since you posted this. Here is what actually happened with divs since you posted that: 0.01810108 0.01938069 0.02297025 0.02075485 0.02536692 0.02405901 0.01858868 Where is the drop? Keep in mind this is a far greater performance than back in early May where the divs were around 0.007 per share. I'd like to see if you can't redeem yourself over that obvious missed call. So, let me ask your honest opinion about something you have yet to comment about. How do you think Friedcat's new franchising program will affect AM's divs and share price in the future. Why didn't you post the divs from just before that? Let me correct that error for you. 0.01810108 0.03628311 0.03814687 0.02653753 0.02084164 0.03622410 But in early May we were at 0.0007. Divs are up. Can't you do simple maths? Are why didn't you answer my question about AM franchising? I've already explained why divs and share price increased. Lack of competition. As for the franchise question, I just didn't see it so I'll answer that now. I have no idea on the effect it will have. I will reserve my judgement for when I see some data which I can then use to form an opinion. |
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Can I play too ?
0.01108519
0.00735415
0.00773063
0.00696732
0.00695565
0.00255553
Oh wow divs are actually UP!
I never made the claim that divs didn't rise so I don't know what you point is. My claim all along has been that AM is currently overpriced and that the rise is divs and share price was due to AM basically having a monopoly. Competition would see divs and share price fall. My point in posting those previous divs was to show that deltanine was being highly selective, starting from a point after divs had just halved. |
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I think we are going to see some record breaking dividends in the coming months, due to mining and sales of block erupters. Here are 2000 of the USBs recently sold, shipped to the other side of the Earth, and in the process of being delivered to group buyers: The Great Wall from China: These miners were paid for and shipped within a matter of days-- there is currently no other company out there that is able to do this on this scale. And ASICminer's costs to continue to mass produce these is only going to decrease from this point, making it all the harder for their competitors. 1 BFL Minirig is equivalent to about 1500 USB Block Erupters and they've been shipping for a good few weeks now. While these machines may have been ordered lasy year, it does not change the fact that they are coming online on a daily basis. It's amazing how some people can simply dismiss reality. I ran the numbers the other day for the hashing power shipped out by AM based on the financial report which I will repost below. USB devices initially cost 1.99 BTC and were later reduced to 0.99 BTC. With discount for bulk orders, the lowest price was 0.89 BTC. If every USB device sold at 1.99 BTC, then that's 18,856 units. If every USB device sold at 0.89 BTC, then that's 42,161 units. At 336 Mh/s per unit, USB Block Erupters make up between 6.336 Th/s and 14.166 Th/s. There were 3 auctions for blades. The first auction sold 2 for 76 BTC and 8 for 75 BTC. That's a total of 10 for 752 BTC. The second auction sold 50 for a total of 2578 BTC. The third auction sold 180 blades at a fixed price of 49.99 BTC each for a total of 8,998.2 BTC So, 240 Blades were sold in the 3 auctions for a total of 12,328.2 BTC. By subtracting this value from the Blade Sales Income value, we get the following: 29,594.75 - 12,328.2 = 17,266.55 BTC which is the amount of income from regular sales, with Blades costing 49.99 each or 47.99 with bulk discount. If every Blade sold at 49.99 BTC, then that's 345 units. If every Blade sold at 47.99 BTC, then that's 359 units. That puts the total number of Blades sold between 605 and 619 units. At 10.752 Gh/s per unit and 619 units, the total hashing power is 6.655 Th/s. The total hashing power from USB BEs and Blades combined is between 12.991 Th/s and 20.821 Th/s. |
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look! I said price will drop! I am psychic! I said the price would drop, not because I'm psychic but because that what the maths suggests. |
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The reason you guys claim I was trolling is simply because you didn't like what I was saying, even though what I was saying has proven to be true.
Your track record isn't as spotless as you would like to think. Here's something you said back on June 22nd. Over the next few months, you'll see a decline in AM dividends and anyone claiming otherwise is talking out their arse in order to try and inflate the share price even further.
Now here we are in the beginning of August. I do not see any drop in divs since you posted this. Here is what actually happened with divs since you posted that: 0.01810108 0.01938069 0.02297025 0.02075485 0.02536692 0.02405901 0.01858868 Where is the drop? Keep in mind this is a far greater performance than back in early May where the divs were around 0.007 per share. I'd like to see if you can't redeem yourself over that obvious missed call. So, let me ask your honest opinion about something you have yet to comment about. How do you think Friedcat's new franchising program will affect AM's divs and share price in the future. Why didn't you post the divs from just before that? Let me correct that error for you. 0.01810108 0.03628311 0.03814687 0.02653753 0.02084164 0.03622410 |
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TAT you called pump and dump on Activemining are you sad that you didnt get any IPO shares and trying to bring down the price? I dont get how this is any different from any real world company CEO's dont hold private shares they are all listed on the market
I made money on ActM, and Labcoin, like many. Not because I have long-term faith, but because I knew the market would act irrationally. I have no holdings in either anymore. This is different because these people are not paid a salary out of some current income stream, like Google. They are paid in a finite amount of shares. When those shares are not enough to justify doing the job, those people will quit. That time is now really. They'll have more than $1m in coins after selling off, and the odds are that's the most profit Labcoin will ever see for itself. ActM has seen over 1000% ROI in just a couple of months and I have no doubts whatsoever that Labcoin will as well. You were wrong about ActM and you will be proven wrong about Labcoin too. |
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By my reckoning, end of business day Friday in the US is about 45 minutes away. So, has anyone received any shares back from Ken yet?
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