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Cool, I'll keep my eyes on this one ...
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are a worrying development and suggest the account has been hacked and is now under the control of those who are set on causing further harm to ActiveMining.
Dude, wake up. This venture is over. |
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Surprised not to see a spike in share price after the latest hashfast news.Best news this company has had in months - maybe ever!
Eeehhh... there is nothing but speculation at this moment. No facts, no numbers, no plan, nothing. To say it's the best news in months is an exaggeration to say the least. |
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Is the askken account doing the questions again for this week?
Questions are over. What do you mean? They've already given up asking Ken questions for his report? Everyone has given up. Ken no longer replies, I have no idea what he is up to. He missed the Q&A last week and doesn't even have the decency to do a late Q&A. He's always too busy, busy doing what I wonder? What the hell has been going on for the past year? Time to double up DTS? ^^ |
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http://www.coindesk.com/overstock-ceo-delivers-historically-charged-keynote-bitcoin-2014/Staying true to his style, during the question and answer round today Byrne revealed that he had plans for potentially listing his company on “a block chain kind of a stock exchange.”
Watching his words, he said: “I would already be interested in issuing a bond or something, so we could be the first to list this sort of security.”
He revealed that Overstock was in the early stages of looking at the legal propriety of dual listing on NASDAQ and another stock exchange. While they have not ironed out any concrete plans, he said:
Interesting. Mastercoin perhaps  No, Nxt. If he chose to do this, in Mastercoin or Nxt or whatever, it would be huge for the bitcoin community. Patrick Byrne is really smart guy and the power he has, as a CEO of such a big company he has lots of control. Do not underestimate the power of the dark side. Regulators are not exactly powerless either. |
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perhaps if the dividends were to start trickling out this might look like a viable operation… that would lead me (or others) to buy more shares.
Also, if divs are paid out (Ken said the 21st) the company can use the other half of mining income for whatever it pleases, no questions asked Vince worked out that half the profits so far are from sales and the other half from mining. So we get 50% of all profit correct? So that means most of the mining address. My bet is that the div's will be next to nothing, some dust maybe (litteraly). Ken has avoided paying out refunds for months, and now when he finally gets some cash flowing in, those are needed to pay back angry customers. Whatever is left (if any), will go as dividends. Don't get ur hopes up just yet dts, we all know how hard you crash when you start wishing for the moon. |
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Also wow, someone wants out, sold all the way down to 0.00005.
About 3 times more than expected dividends if Ken releases 100% of all 166 btc in his mining address. That's actually a fair price at the moment. a fair price is three times next weeks dividend? err ok. That's one way of looking at it, another is it's the fully accumulated mining dividends from last 5-6 months. Add the risk that Ken might fuck something up at any time, and I still think it's a fair price. |
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Also wow, someone wants out, sold all the way down to 0.00005.
About 3 times more than expected dividends if Ken releases 100% of all 166 btc in his mining address. That's actually a fair price at the moment. |
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I want at least a couple of bitcoin from the dividend before the MSD takes action to close up shop.
Assuming there even is a profit after electricity, hardware & employment costs.
FTFY |
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Just an update for all of you guys.
Ken has told me that my 6 prospectors are staying as prospectors and that they have been shipped according to his project manager.
I will give you an update once i get tracking.
They have been shipped? Lol, I belive that when you get them. Putting stuff in boxes is just too damn hard to do for ActM. Accepting money on other hand is something they are great at. |
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There is a 90% chance that the unit will not get posted, not arrive or be dead on arrival. Then there will be a 0% chance of getting a refund.
Why would anyone order a unit from this pretend company?
I personally believe that ActM should just turn off their homepage. No single person in their right mind will buy from them anyway, just ship to those who paid already and refund those who should have it and focus 100% on mining. |
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No one in their right mind will EVER do business with your company if this is the treatment you serve out.
+10000 It will not matter how cheap ActM's gold rush miners are. People will not order from Ken because it will be a HUGE gamble with money. If I were interested in buying a miner I would simply buy a more expensive one ($/gh wise), but from a company with better reputation. Ken's inability to deliver products and refunds will be the downfall of ActM. |
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It seems no ActM investor has ever been involved with anything legal... it takes fookin ages!
Chill pills folks. Things are moving in the right direction. <$2/GH hardware! WOWZERS!
Irrelevant as long ActM is unable to ship properly. |
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50th/s.
ActM is getting close to having 0.1% of the global hash rate.
ActM: 64th/s Global: 57,241th/s Meaning ActM currently have ~0.112% of global hash rate, ActM are climbing not only in th/s, but also as a percentage of global hash rate. |
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Just get the mining ramped up, then get the whole order, dispatch, customer services up and running properly before selling any more products to consumers.
+10 Do NOT sell anything until the previous mess has been fixed. Ship the promised products, refund those who should have a refund, THEN accept new orders. |
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I think they are sold out now.
92,754 MSC & 3,496 BTC are sent.
92,754 x (3,400 x 140%) = 441,509,040 maidsafecoins
3,496 x (17,000 x 140%) = 83,204,800 maidsafecoins
That is more than promised 429,496,729 maidsafecoins that were to be sold during the IPO.
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So far:
21,449 MSC and 2,097 BTC have been sent to the two addresses resulting in 152,005,840 bought maidsafecoins.
That is ~35% of all 429 million coins available for sale.
The numbers keep changing by the second, so this is just a snapshot.
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can you guys at maidsafe explain how safecoin can appreciate in value if it is constantly being diluted through the por mining process?
it's basically the same as with bitcoin. bitcoin is being constantly diluted however the more people use the network, the more valuable it gets its not like bitcoin. its a not a scarce resource. the more ppl connect to the network the more safecoin there are. you don't have to go on an exchange to buy safecoin. as long as the resources you offer the network are more than the resources you take from the network your use of the network is free. there is a limited number of safecoins. that means it is scarce. It is proposed that safecoin will have a predictable cap (232) with a value that is determined solely by the market. Safecoin will be a virtual currency with SAFE being used to complete transactions. There is no hard set cap on safecoin as there is with bitcoin. I don't approve of bitcoins inflationary model so I find it hard to approve of safecoins hyper inflationary model, determined by moores law. The number of safecoins is correlated with moores law and the value of safecoins is thereby correlated with the cost of resources which will continue to decline. You have to understand this from a pragmatic perspective. Why would I ever pay for this service when I can simply offer the network more resources than I can use. Safecoins are not the same as investing in a companies equity, because companies do not continually dilute the shares in the company. Safecoins are more a way to account for and economize resource on the network. You can only loose money by holding on to safecoin. The price of safecoin will never be determined by the market per se because no one ever has to purchase safecoin as long as they provide more resources than they consume. I agree with that the "predictable cap" is not a good sign, I'd like a hard cap more. because no one ever has to purchase safecoin as long as they provide more resources than they consume
Is not this same thing as "noone will ever purchase bitcoins, as long as they mine more bitcoins than they consume" ? |
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50th/s.
ActM is getting close to having 0.1% of the global hash rate.
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