No you're not.

For all time conversions, I usually use wolframalpha. Try it : http://www.wolframalpha.com/input/?i=1PM%20CDT

It's really interesting reading some of these comments. Right now, investing in ActiveMining would be seen as too high of a risk; which comments like the above reflect. Nevermind when AMC didn't even have an Avalon actually mining back in April/May.

As more of AM's promises come to fruition, AM's price will, again rise (or fall) to reflect the risk involved with investing. And that's OK.

What we have to look forward to in the near future (cross-post from the AMC thread):

AM is currently Hashing at 426.53 GH/s http://www.btcguild.com/index.php?page=rankings&section=teams with a weekly dividend of .00000139 spread over 40 million shares. This translates to 55.6 BTC per week. Wording in the AM contract is left with the vague impression that only the shares sold so far will recieve dividends. And with only 6 million shares sold at the moment, dividends split 40 million ways, has been reduced to 6M or 6.6x the current dividend pay per share. So, .00000139/share becomes about .00000926/share

Soon(tm) - hopefully sometime this month (300GH of Klondikes will be arriving). At current difficulty, payout becomes .000016205/share

Other things to be looking forward to:

• 20,000 Avalon chips -  (end of May and beginging of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s will be coming online late August.
• Avalon prototype boards - The engineering firm that he employed for the boards has the 60 sample chips from the 2 avalon chip bulk orders, pictures will be coming for those when he gets his hands on them within 2 weeks. There are 20,000 of them incoming. Avalon will start shipping the chips at the beginning of July. AMC has pre-orders a for a few of these, the rest will be built and mined by AM
• AM's proprietary chip - AM has a contract with eASIC to develop their own chip. If we raise money for the chip's NRE, we can start printing them out at cost
• Storage - Springfield Underground is currently for sale. AM is looking into acquiring it to host all of AMC's mining needs when the need arises.
• When do I get my money? - 100% of profit through sales and mining are given to the first 10 million shares sold until .0025BTC is payed per share. I suppose there is a duality here. The less shares sold, the greater the dividends. But on the other side of the coin, the more shares sold, the quicker AM can print their own money with their chip.
• What happens after the .0025BTC/share is paid off? - After 100% of the promise is paid off in the form of dividends, AM will activate their shares and 25Million shares will then start recieving dividends. Up until this point AM will have not been recieving any money.

I'm a little confused about this tender process. What is the purpose behind this? In which way do I benefit from transfering my shares from AMC to ActiveMining? What happens to my AMC shares after the tender offer expires after July 31? What informations should go into the e-Mail I have to send?
And a more general question: Is there a difference in buying shares from BitFunder oder BTCT? Do those places have any real pros and cons regarding dividend payout or something like that?

Any answer is highly appreciated!

You are still spreading FUD without caring about rebutting my obviously correct arguments.

Your only chance is the ignore list.

"you are like a greedy banker" is not a rebuttal, it's trolling.

I've explained quite clearly, twice.

Voodah himself despite trolling in the first part of his post, with the last sentence admitted my solution could be good.
You, instead, are just trolling.
So shut the fuck up, asshole.

Hhmm you must be one of the bankers right??

Anyway.. NO. All your arguments lie.

1. No myth here. You can not do what a bot does. Stop lying about it to defend HFT. You need to sleep, eat, take a shit, etc. You cannot punch buttons fast enough either. You are plain and simply wrong.
2. This is not an x/y problem. HFT and speed trading are one and the same problem to me, and if I were to go meta, i'd say the bottom line is it's all about out of control greed as always.

And who said anything about nuking everything? I happen to agree that speed capping is a good possibility for a solution.

X/Y problem.

I'm totally agains regulating such a thing.
A bot simply allows a human to perform some action in his stead.
You can't really ban bots even if you wanted to, unless you want to ban all the web access for everyone.

If the problem is that they are too fast, you can just, you know, solve the exact problem you are having, and slow everything down. Instead of, you know, shotgun blasting everything in a frenzy.

The "virtual identity" is just for having a name to call the shares that represent the profits of "Active Mining Corporation".

We are not diluting the shares. 50 Million shares were issued. btcQuick holds all unsold shares and we are selling some of ours not increasing the number of shares available.

+1

I've seen plenty of robots already in btct.co.....

The dividends on bitfunder was the correct one, next week we will issue the correct dividend on BTC-TC.