You are wrong.
If KNC think we are 2 months away from shipping miners at volume they can plan their reinvestment strategy to sell a certain volume of their own miners over that 2months as we are not in the market and will not be competing for sales. So they may say 'we will reinvest 10Mill to make 500 miners which we know we will sell over the next 2months'. However if VMC suddenly start shipping and selling in volume after month 1 then KNC will be left with a few hundred of unsold miners tieing up their capital. This will have a delaying effect on their next production run as they struggle to get that capital back into the reinvest fund.
Now if they know we will start shipping and selling after month 1 because Ken releases that info they will not put so much into building miners they might instead put more money into new chip development to help them move into the next level.
There are many ways that you can gain a small edge over the competition by maintaining commercial secrets that's why we recognise the term - it is a very common practice.
Edit - KnC are selling everything they can make right now but the principle still holds - if they know we are going to ship they will change their business model because once we start selling I can't see them continuing to sell out.
But surely they are more scared of the increase in hashrate? Even our best case scenario makes the hashrate perhaps 2% more difficult in one change due to our miners. KNC will plan their hardware sales around the worst case with the increase in hashrate and this takes into account ActiveMining, ASICMINER, Bitfury all adding hashpower. The only time you would be right is if we were expecting to surprise attack with 500TH/s or more. I admit if we were due to add 500TH/s+ that effect on the overall network would be so huge that it would throw everyone off and cause our competitors to reevalute. The chance this happens is nil. I asked Ken ages ago about the possibility the final batch brings us to 1000TH/s and he was a little taken aback due to how much power that was. I took this to mean that we will not have that type of hash power for a long time. This is my point: If we were to add 100TH/s tomorrow, this event would not even cause KNC to have a meeting. One of the engineers might have a giggle over coffee but nothing more. So there is no need for Ken to be secretive unless it's the NDA or we are due to add 500TH/s at least. |
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To be fair, couldn't you take him to court, sue him and include lawyer fees? Might be a way to recover what you lost + pay for your legal expenses.
I am not sure, I think you can get a little amount back in an Italian court but not the entire cost. I could very well be wrong. |
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I liek ur new exchange b coz it a revolutionary disturbing technology. I want 2 buy it, is 4 sale? Here is my selfie to show u i'm serius & 4real.  Please only post if you are interested in buying or selling ActiveMining shares, we all know that you will sell your shares under another alias so please log out and log in with said alias to participate. |
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It keeps the competition guessing and lets face it this industry is all about the competition because we are all digging in the same mine.
I hate this argument, it has no merit. The idea that letting our competitors know we have 50TH/s will somehow make them move faster is flawed. Do you really think that this information will now allow them a strategic advantage? In many business domains you may very well be correct, but when your worst enemy is the 100% loss of mining capacity every single month you start assuming all your competitors are adding stupid amounts of power and you will work relentlessly towards the goal of achieving a higher and higher hashrate. Trust me, KNC is not going to be able to move quicker than they already are because we gain 50TH/s. All the mining companies are moving as fast as possible. I just cannot see in anyway how information about our operation could compel our competitors anymore than the insane weekly difficulty changes. If I am missing something please enlighten me. |
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I believe italy
Damn. It will cost much more than $1,000 to bring the person to justice and get your coin back. Even if you lost up to $10,000 I reckon you would be better moving on. For sums $20,000 and upwards I would recommend you pursue the fellow, probably hire a lawyer in Italy and see what the options are. |
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Either you are full of shit or Ken is scamming.
Actually three options: 1 - VE is a total dolt and is full of shit. 2 - Ken is mining and scamming. 3 - Ken is mining and ready to shower us with hundreds of Bitcoin in dividends. I actually hope VE is half-right and (3) is the option. However I wonder why Ken would hold off paying the dividend to the mining address when so many of us are freaking out. |
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No they are in nother country. When i called the police they said there was nothing they can do
Oh right, I thought they were in Australia. Yeah your residence matters less in this type of situation. What country are they in? That is the most important variable, the police might just have been lazy. |
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lets say 1 btc, australia and their email/name
Talk to the police, tell them an item of $1,000 in value has been stolen. Are they in Perth by any chance...? |
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I have no doubt that Ken is mining with at least 50TH/S right now. This is what I mean by "holding our bitcoins hostage". I am not going to say what I know from eASIC so I suggest you all do your own homework.
Fudge cakes, So the information you had was not negative but positive? Dude seriously, if you have reason to think or know ken has 50TH/s mining about 40 fucking bitcoin a day without letting us know you have responsibility to post everything you know here. Either you are full of shit or Ken is scamming. |
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To VE: Also VE you have not defended yourself against my accusation that you are a lying scumbag!
Please reply to my post about your lies... I want you all to stop and really think about this for a minute. If Ken genuinely cared about his investors, don't you think he would have given an update before thanksgiving? Now everybody will be sitting with their families at home trying to enjoy the holiday while Ken is holding their Bitcoins hostage. I don't think that's very nice.
And Ken is not holding our Bitcoin hostage, at most he is holding the company hostage (I don't believe this to be the case) but how can he hold our bitcoins hostage if there are no bitcoins, or very few anyway? I admit that I am disappointed Ken has not given us much information this month, I was expecting news about our chips weeks ago, but all we can do is wait. I really wish Ken would give us some respect and tell us what the delays are... |
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Cool, hey Vince any chance you could use Google docs? |
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Can you please update my quantity to 114,425.  |
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Papamoi, please listen to me. You will never get any decent amount of investment. Too many people have been burned by ASIC miners, either buying them or investing in ASIC companies. 99% of all the bitcoin companies in the world are scams. This is most likely a scam, and if not; it's still so much of a gamble the investor is better off going to Just-Dice and gambling their coins. 65 nm tech
Sorry bud but this is so outdated it's not even funny. I am invested in ActiveMining and I already feel we are behind with 28nm in December/January. If you are not offering under 28nm you better just buy bitcoins instead. For being able to give everyone 1Terrahash of chips we ll need 1400 chips/investor.
700MH/s a chip is very slow and cumbersome. Your competition are building single chips from 16,000Mh/s all the way up to 400,000MH/s It's much easier to build rigs with these chips, your 700MH/s do not seem very competitive. If you keep on posting you will simply waste your time, please give up and move on to a better project. |
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We are planning to launch a LTC Lottery based on the German 6/49 Lottery. To initially fund the jackpots we are collecting funds, check out the details at: https://cryptostocks.com/securities/68What odds will this lottery play at? If I am a gambler and put in 1 bitcoin, what is the expected payout? |
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VE you are now to sell your shares to us for 0.0001, I am sure Ken will make an exception to get rid of you.
Also you guys can get rid of me too, for 0.02 a share!
Also VE you have not defended yourself against my accusation that you are a lying scumbag!
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you better find out what that "stupid reason" is, because I have tried desperately to find ANY reason to trust him and I can't.
To be fair, You lied on this thread about eASIC contacts saying bad things. So far Ken has not lied to us. Give him that much credit. The idea we are being scammed makes me sick, I just cannot fathom it. |
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VE pm me I'll take 10k.
DTS if you want out too ill take 10k off you also.
You can buy as much as you want from me. I don't think Ken is a scammer, for some stupid reason I trust him. So for now I value my shares at 0.02 |
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I heard there are some .0001 shares going around here?
Yep VE is finally out. Remember people; he only is taking orders via PM! |
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looks legit
With the "Pankkake stamp of approval tm" this security shall hit the moon! |
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