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821  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: July 01, 2013, 03:54:06 PM

http://thegenesisblock.com/amc-announces-4-8-ths-bitcoin-miners-for-3000-btc/

Lol - guess who is in the comments, and guess what they say - Lol
822  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: July 01, 2013, 11:03:59 AM
Are the trolls actually reading any posts other than their own?

Ken continues to post on this forum and is not hiding away as some suggest.

Simply look at his most recent posts and you will see he contributed four times on June 29th, five times on June 30th and once already today.



And NONE of those posts answered the real questions we are asking. Namely:

1. provide evidence of the announcements Ken has made.

2. will he do as shareholders say, and fix the rediculous situation with AMC & VMC

A FAQ is being written. There's no point in answering any of that now to be later buried and buried again. Hold on! Smiley

True ... I'm holding on  Cool
823  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: July 01, 2013, 10:27:29 AM
Are the trolls actually reading any posts other than their own?

Ken continues to post on this forum and is not hiding away as some suggest.

Simply look at his most recent posts and you will see he contributed four times on June 29th, five times on June 30th and once already today.



And NONE of those posts answered the real questions we are asking. Namely:

1. provide evidence of the announcements Ken has made.

2. will he do as shareholders say, and fix the rediculous situation with AMC & VMC



824  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: July 01, 2013, 04:01:53 AM
As a shareholder, I really have 2 major concerns right now.

1. Proof of agreements with eAsic, signing up racks etc - anything he has said, needs to be backed up.

2. Is Ken willing to join AMC and VMC into one?


Why is it so hard to get a response from Ken?
Join the IRC channel in the BitFunder help section and ask him, you'll get a much quicker response.

This is what he said to me a few days ago:

Why should I have to go to an IRC channel to get information from Ken??

Right here is the "The Official Active Mining Cooperative Discussion".

Am I missing something?
825  Other / Beginners & Help / Re: Bitinstant Shut Down California Deposits on: July 01, 2013, 03:49:20 AM
Since Charlie is part of the foundation, I bet it stems from that.

My thoughts exactly.
826  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: July 01, 2013, 02:58:56 AM
As a shareholder, I really have 2 major concerns right now.

1. Proof of agreements with eAsic, signing up racks etc - anything he has said, needs to be backed up.

2. Is Ken willing to join AMC and VMC into one?


Why is it so hard to get a response from Ken?
827  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: June 30, 2013, 05:51:49 AM
I don't always spot 13 year olds, but when I do:

- they back out when anyone calls their bluff
- they have EVERY post in the same thread
- Huh
- go home kid.

This is the kind of post that needs to get removed from the thread - so I will vote Yes to removing completely irrelevant posts not related to AMC


EDIT: I am concerned though, that Ken has time to put up a Poll, but ignores the geniune questions that NEED answers. There are reasons the shares have tanked, and one reason is because of the silence. I am a shareholder, and I am not a weak hand, yet I too am getting increasingly worried.
828  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: June 30, 2013, 03:46:49 AM
I don't understand why our money is handed to VMC and we take 100% of the risk but only get 10% of ANY profit in return.
I don't understand why investing in AMC is actually investing in VMC which is solely owned by Ken.
I don't understand why there is a need for the existence of VMC except to benefit Ken.



One thing i don't like is why is AMC only entitled to 10% of the profits out of sales. Shouldn't AMC be entitled to 100% of the profit from hardware sales since AMC put up the money to fund the project to begin with?

Yes! I agree with this too, and have mentioned it several times.

In fact, the BEST thing Ken can do, is look after shareholders. And the way to do this, is to merge AMC and VMC - they should never have been separate to begin with.
829  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: June 29, 2013, 06:32:47 PM

It seems now Ken intends to violate his contract and halt dividends.


Where did this come from?
830  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: June 29, 2013, 02:50:17 AM

I don't like this whole VMC/AMC structure. Why are we risking everything to fund VMC's hardware project? Wouldn't it be better for VMC/AMC to be one entity and manufacture hardware and mine just like ASICMINER? I've been reading this thread since day 1 and there is so much drama, confusion and lack of transparency. Why can't we just keep it simple? Wouldn't it make more sense to have VMC/AMC operate under one roof. AMC can manufacture hardware and mine. AMC can use the hardware to mine or sell it if it will generate additional income on the side just like ASICMINER. With the mining revenue and hardware sales it will to back to the shareholders in dividends. The 20m in growth and expansion fund will then be used to continue manufacturing and selling more hardware. If more shares need to be released to raise funds for more growth and expansion then those shares can be released at the market price at that time. What do you guys think? Isn't this more easier to work with? Then AMC will be able to take in profits from mining and hardware sales and the investors will be happy and it will give the company more value.


I 100% agree with this.

The most worrying aspect of the whole setup, is why does VMC, and ultimately Ken, benefit 90% from hardware sales that AMC (read, US) invested in and funded.

I think if Ken were to change this aspect, it would greatly improve the investment in AMC for everyone, and new investors would come onboard instead of being worried about this strange aspect.

Do what ASICMINER is doing ... use the funds ... create the hardware ... use it to build a mining aspect, and sell the rest of the hardware.

THAT, makes sense.

And further, if Ken did do this, he shouldn't feel like he is backing down or will be looked upon badly, quite the opposite! It would add credibility for listening to shareholders and shows that he is truly looking after the shareholders interests. Which is his number 1 duty.
831  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: June 28, 2013, 03:23:19 PM
I still see the shares on Bitfunder. Oddly I now see 1.6 million, slightly higher than before.

'Still' ... just means you missed the disappearing act

Ken, I think we need an explanation of whats going on ... why did it disappear, then re-appear with more shares?
832  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: June 28, 2013, 02:59:19 PM
Interesting developments!

The price on Bitfunder has plummeted - current buy is only 0.00140. And there is virtually no support on the way back to .0010 and further.

Also, the Wall of 1,500,000 at 0.0025 is gone! What happened to that? Ken?
833  Other / Off-topic / Re: I lost $10,000! on: June 28, 2013, 01:46:35 AM
Seriously, I misplaced 100 $100 bills somewhere in my home. I hid it in case I needed it for a barn wood purchase ever since the bank limited my withdraws to $2,000 daily, and only if I give them a three day notice.

I've always maintained for the past few months I knew where I put it. I guess I'm losing my fuckin' mind. I know it wasn't stolen, ergo I falsely remembered where I stashed it.

It was pretty embarrassing when I didn't have the entire several grand to pay one of my pickers. Luckily, I was only one phone call away from getting cash from a friend to pay him.

Now, where the fuck did I hide a bundle of bills?

BTW, the same Sandwich bank was shut down because (how can I say this politely) the president stole money. Within 24 hours, the bank had new owners--Heartland.

Been drinking mate?
834  Other / Meta / Re: [ANN] Hey Mods !!!! on: June 26, 2013, 02:49:26 PM
835  Other / Beginners & Help / Re: How can Bitcoin affect the running of governments? on: June 26, 2013, 10:27:02 AM
loss of tax, loss of control, loss of big brother enforcement ... plus lots more
836  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: June 26, 2013, 10:20:09 AM
Is it bad that Im glad that the share price is falling because it means that I can buy more shares?

That's assuming you think it will go up again
837  Economy / Securities / Re: [AMC]-The Official Active Mining Cooperative Discussion on: June 26, 2013, 08:34:24 AM
Watch out AM, there's a new kid in town!

Gangsta well watches AM div today and AMC's announcement the day after
Timing is everything, once AM div received, other will sell and buy AMC, boom price sky rocket again

When is the AM dividend occuring?
838  Bitcoin / Legal / Re: Bitcoin Foundation receives cease and desist order from California on: June 25, 2013, 02:53:44 PM

LOL'd so hard

And even funnier is the comment from this guy:

"Ronald Wiplinger
welcher idiot hat das in den untertitlen uebersetzt? which idiot translated the text into the sub titles?"

I can only imagine him thinking WTF is going on LOLZ
839  Economy / Securities / Re: Can't logging BITFUNDER.. what's wrong with them ? on: June 25, 2013, 05:48:18 AM
Bitfunder has been having login problems, on and off, for 2 weeks.

Plenty of other complaints in other threads.
840  Economy / Service Discussion / Re: I'm working on a BitCoin Card....What do you think? on: June 24, 2013, 03:34:04 PM
Great idea!  Yesterday I had the idea of curing aids.  Please fund my kickstarter, whitch will turn my idea to business for benefit of millions.  I will use donations to purchase necessary servers and domain names.

I'm in ...
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