Hello mister Greg. I was impressed with your articles about risks and hedging, and looking forward to invest in your hedge fund -as well as- discussing investment opportunities in general. Those articles were good: http://psychologicalinvestor.com/lib/real-markets/asymmetric-risk-145/and http://psychologicalinvestor.com/lib/real-markets/economics-bitcoin-mining-131/I share those views very much, although with a minor twist regarding bitcoin mining stocks. Anyway: Are you willing to disclose your positions for example, once in a month ? What about your own money ? Will you invest it with your investors in this same fund ? Why hedge fund, why not "public hedge company" ? In the latter, the manager is the biggest shareholder and will share the fate with us, investors. WARNING[User "DrGregMulhauser" was registered only in "June 23, 2013"] mister Greg: Please put some news update on your site, psychologicalinvestor.com, so I can believe you're the same guy who wrote the articles and the one who's advertising here about new fund. -Technologov
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Please add a list of competitors on first page:
-AMD GPUs (yeah, a few million GPUs make an impact) - how much % of total hash ? -Avalon -ASICminer -Butterfly Labs (assuming they get their parts together) -KnC miner
Potential competitors, developing own ASICs: -BIT Garden -Cointerra -Labcoin
Not sure about counting-in companies, that produce hardware based on Avalon's ASICs.
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Wanna have the real fun? Avalon ventures fund, that got $200 million is NOT our Avalon mining company. http://avalonvi.com/.. Just a similar name :-) Now I wanna see all the speculators, who sold quickly, coming back even quicker and re-purchasing ActM stocks at even higher price. That's where the real fun begins :-) -Technologov
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If ActM comes to market with 28nm before Avalon makes their first 20 nm chip, we have great chance.
So, yes, the party is far from over. Just the beginning. :-) But, yeah, buyers alike were slaughtered today.
But I see it as a good news: Bitcoin mining sector gets publicity and attracts capital. It could also bring more investors over here, too...
-Technologov
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Speculative losses take it's toll.
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Regarding shares transfer from AMC to ActM : I got em in 48 hours, and the reason for delays, I believe, is that CEO is busy with eASIC on details.
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Problem : a 500% overnight spike in Bitcoin stocks is likely to occur.
I would be scared to loan my Active Mining stocks without proper collateral. (200% will fail, but at 1000% we limit speculative profit)
-Technologov
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Look dude: If the company delivers what it says, namely ASIC miners based on Fast-hash-one chips, those shares *will* defy gravity. Quarterly dividend alone will beat IPO price (0.0025 BTC/share), and the company could become a long-term money-making machine. Wanna see how deep the rabbit hole goes ? (^_^)
But make no mistake: this is a *high risk* investment indeed, so you could burn your fingers, as any investor. So decide for yourself.
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Arbitrage is needed: =============== Hi,
Dear investors. We have a massive divergence in the last few days. Yesterday: BTCT = 0.0058 BTC/share Bitfunder = 0.0048 BTC/share Today: BTCT = 0.0068 BTC/share Bitfunder = 0.0058 BTC/share
A difference of 15-20% between exchanges doesn't make any sense. My proposal: I can act as arbitrageur to bring prices closer and (almost) eliminate the difference.
What I need : Ken should transfer about 2/3 (two thirds) of my shares from Bitfunder (where all of them exists now) to BTCT. We should do this once per week I believe. Being a large shareholder, I'm in the right position to do this job.
-Technologov
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>Like altcoins, they are worth nothing and are quickly abandoned after the pump and dump.
LOL ? Litecoin is quite successful, so some people make money on that instead. And no reason why ActM will not be successful either.
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This is because the old fans already sitting in ASICminer, while I completely missed that opportunity, so I went with ActM instead.
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Yes, having backups is very important indeed. Better still would be an offline solution, like I propose.
We should fill a petition to all Bitcoin stock exchanges:
I ask you to find a decentralized solution for investors to be able to store our stock shares offline, in case of catastrophe and if this site goes down. One possibility: Investigate "colored BitcoinX" to download stock shares to our computers and store offline, like Bitcoins. It allows to "paint" fractional bitcoins into IOUs, stocks and other financial assets and will write our asset possessions right into the block-chain.Another option, is to develop a new block-chain for stocks and other assets.
This will greatly reduce shareholder risks, -and- allow investors to invest more money. (The goal is to proof the exchanges vs. government regulatory attacks, hackers, and to keep our freedom)
Ken could issue shares on Colored BitcoinX, and we could put them into exchanges to trade for BTC, or just keep on our PCs. Remember: in the old days, people used paper "engraved stock certificates", which they could keep at home.
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Yes, the logos are good  But Bitcoin stock exchanges is the weak link, and please see my petition above. Disclosure: I'm a large shareholder of ActiveMining and scared shitless of what could happen if Bitfunder goes down (due to regulatory attacks or otherwise). I do own a backup of their public assets list, ofc, but wanna find a long-term solution.
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Petition to Bitcoin stock exchanges:
I ask you to find a decentralized solution for investors to be able to store our stock shares offline, in case of catastrophe and if this site goes down.
One possibility: Investigate "colored BitcoinX" to download stock shares to our computers and store offline, like Bitcoins. It allows to "paint" fractional bitcoins into IOUs, stocks and financial assets and will write our asset possessions right into the block-chain. Another option, is to develop a new block-chain for stocks and other assets.
This will greatly reduce shareholder risks, -and- allow investors to invest more money. (The goal is to proof the exchanges vs. government regulatory attacks, hackers, and to keep our freedom)
-Technologov
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People: What I ask for is a petition to our Bitcoin stock exchanges to allow stocks download to our PCs.
Petition to Bitcoin stock exchanges:
I ask you to find a decentralized solution for investors to be able to store our stock shares offline, in case of catastrophe and if this site goes down.
One possibility: Investigate "colored BitcoinX" to download stock shares to our computers and store offline, like Bitcoins. It allows to "paint" fractional bitcoins into IOUs, stocks and financial assets and will write our asset possessions right into the block-chain. Another option, is to develop a new block-chain for stocks and other assets.
This will greatly reduce shareholder risks, -and- allow investors to invest more money. (The goal is to proof the exchanges vs. government regulatory attacks, hackers, and to keep our freedom)
-Technologov
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As someone told: *All that paper gold went up in smoke! *Some of the names of the firefighters: Au In Pokit, Stik Ee Fingers, Get Rich Quick....

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On Bitfunder: AMC 6,400,000 + (ActM) 5,600,815 = 12,000,085 issued shares.
The shares are equal, right ? Plus we have about 5,000,000 issued shares on BTC-T, right ?
So how the company issued 17 million shares out of 10 million planned ?
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Ken: please fill in "asset FAQ" on bitfunder. Important for nrw investors.
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Ken: please consider making auction for batch #2 mines at VMC.
The company should solve supply and demand issues and no reason to give this job to ebay peddlers, who buy Avalon at $1300 and resell at $30,000. The company can make extra profit. But having mines ready to ship is critical for auction to become a success.
Jimmy : to my understanding 45 nm was a backup plan in case of lack of funding for 28 nm. 45 nm costs $400,000 vs. $1,000,000 for 28 nm. But I dunno how many chips in this $1 million bucks order. So this 45 nm plan will be cancelled now.
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