Wtf are people doing. Move the asks they will still get eaten. Talk about burning profit
Calm down. This news isn't what people were expecting. It's an announcement that they are a week behind schedule. With no verifiable proof being provided, it's hardly surprising people are getting a little nervous. The share price says it all. Sorry folks, it doesn't look that good at the mo. |
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yea, to the moon
Well I'm not seeing any movement in share price.  |
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Does anyone know what the btc per share dividend will be for a seven day period?
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Are dividends going to be paid weekly or monthly?
What are the first payed dividends going to be per share?
How much gets reinvested?
When exactly will hashing commence?
When will the increase in hashing occur and to what level?
Is there such a thing as LC hardware sales?
Thanks in advance.
Sorry for quoting myself, but I'd really like answers to these questions. |
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Sorry for quoting myself, but I'd really like answers to these questions.
Ask questions and they are blanked in here. Everyone is staying silent until ZERO HOUR. That is because the flippers don't want the truth to be known - that at best price will shoot up to 0.006 and then they will try to sell to the noobs. Now who do they think they are going to take the money from? They are fooling themselves if they think there are enough noobs out there now to repeat the ACtM move with. THey will sell and no-one will buy hopefully. lol Personally I suspect the good news wont come, in which case not only do the flippers lose out, so do the noobs. That is the best scenario for me, why only have the greedy take the noobs money when everyone can lose? Except LabCON, they have already disappeared - but everyone is in denial over this fact. Mass denial, greed is a very powerful force. Prove it. |
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Maybe we can talk about our favorite movies here ? I almost achieved to read these last pages but I couldn't find something interesting  EDIT: I'm watching eXtreme MakeOver on TV right now, I know it's a shame but... what else ? I'm watching NASA's Unexplained Files on Discovery. Great show with some really convincingly unexplained footage. Makes you think. Skylabcoin too the Moon! Actually though, my favourite film has to be Star Trek Search For Spock from 1984. What films do you guys like? |
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Are dividends going to be paid weekly or monthly?
What are the first payed dividends going to be per share?
How much gets reinvested?
When exactly will hashing commence?
When will the increase in hashing occur and to what level?
Is there such a thing as LC hardware sales?
Thanks in advance.
Sorry for quoting myself, but I'd really like answers to these questions. |
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why?
You're talking through a hole in your arse again Stuart and to be quite frank, I'm ashamed you have the letters uk attached to your name! Go away and do us all a favour. |
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Jeez... Are you guys really making fun of eachother because of spelling? Grow up.
Ontopic: I'm really excited for the next few days, and then months. Let's do this!
Yeah, whoop! Let's do it! This made me laugh and think on Monty Python's Life of Brian. "I once was blind but now I can se.. ..aaaaaaaaaaaaaaaaaargh!" |
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Are dividends going to be paid weekly or monthly?
What are the first payed dividends going to be per share?
How much gets reinvested?
When exactly will hashing commence?
When will the increase in hashing occur and to what level?
Is there such a thing as LC hardware sales?
Thanks in advance.
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...
EskimoBob,
Does the "cost" column represent the expense to ActiveMining? Are those pulled from a document somewhere? Or is this based on an arbitrary 66.67% markup?
The cost to the company per GH/s appears really terrible, frankly.
No, this is pure fiction.  I made a guess and used really fat cross margin to make the calculation to get some kind of an idea how many units must be sold to generate 4 667 689 USD in profits from hardware sales. I have no idea what those chips are going to cost and how much is actually spent as of now. I also have no idea how much is the cost of assembly, testing, transport etc etc are for any of those units. Only number I have seen is the price those products are sold. So I made an estimate on little we have. Is 66.7% a good markup in this industry, if you pay for full R&D etc, basically form drawing board to a final delivery. Maybe it's 80 or 30% or 200% Do any of you know? From what little financial documents I have seen from ASICMiner, it costs them $1.50 per GH/s. So selling a 10 GH/s blade at 4 BTC is a $15 cost on ~$460, or a 3000%+ markup. Lets remove the BTC from this for now. It's to volatile and the unit price in BTC is calculated form fiat anyways. $1.50 per GH/s sounds nice indeed. How many chips must be produce to make this number reality? Not sure but was it about 800 000 USD Actm needed to complete the development of eACIC chip and board and what not? Total Gh form those sales (my fictional table) is 542848, if Gh cost 1.50, total cost of those units is 814 272 So the will get away with selling only about 1800 units 200+200 most expensive, 300+300 and 400+400 the entry level stuff. carpetbagger, 100% profit (revenue - total cost) means buy for 3 and sell for 6 or 50% cross margin. Gross Margin = Gross Profit/Revenue Gross Margin = (Revenue − Cost of Goods Sold)/Revenue Stuartuk, zumzero aetc, if I have made a mistake in my calculations, please correct me. Just yelling and foaming like a angry retarded midget, will not help me nor you to understand, how this stuff is priced and is Actm currently overpriced or not. I have never stated, that this is some kind of truth. Those are just numbers compiled from this little information I have. BTW, I do not understand, why you 2 hate Actm so much that you have to embarrass the Co and yourself at every fkn opportunity you get. Even Icebraker and likes are not that demented. If I recall, Avalon order was fucked up so you can stop jerking off to mining revenue. 460 something Gh is nothing now days and soon will be more irrelevant. PS! I do not understand why you 2 idiots are getting so worked up about. Can you take my fictional table and replace the numbers with fiction you like better? Can you do that? If not, stfu! Simple as that. tl;dr |
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...
EskimoBob,
Does the "cost" column represent the expense to ActiveMining? Are those pulled from a document somewhere? Or is this based on an arbitrary 66.67% markup?
The cost to the company per GH/s appears really terrible, frankly.
No, this is pure fiction. I made a guess and used really fat cross margin to make the calculation to get some kind of an idea how many units must be sold to generate 4 667 689 USD in profits from hardware sales. I have no idea what those chips are going to cost and how much is actually spent as of now. I also have no idea how much is the cost of assembly, testing, transport etc etc are for any of those units. Only number I have seen is the price those products are sold. So I made an estimate on little we have. Is 66.7% a good markup in this industry, if you pay for full R&D etc, basically form drawing board to a final delivery. Maybe it's 80 or 30% or 200% Do any of you know? This whole conversation is insane! What a total joke. If security x spends a or b or c and makes d or e or f then it's valued at g or h or i and shares are worth j or k or l and therefore weekly dividends will be m or n or o and therefore I can not decide if it's a good investment. Do you go through many keyboards Boab? Lol |
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Stuart, your post reeks of the jealous delusions of an ActM fanboy.
Anyone with half a brain could have told you that the eASIC news would cause a short lasting bubble due to having no actual chips for another 2 months. Anyone with a half a brain could also tell you that news of LC mining will be the start of a long lasting increase in share price due to actually having chips.
You've got to be seriously delusional to not understand this.
Actually, I did think ActM would settle at a higher price. I actually thought it might get to 0.008 or 0.009. That's because I personally wasn't even sure if the eASIC deal would really go through, or how long it would take. At least as far as my personal view - the fact the deal was closed made it seem much more likely to pay off down the road - although there are still a lot of things that Ken needs to get done before the stock can start paying dividends, and a lot of them are not under NDA. But the fact that the price didn't slide indicates to me that, in fact, "the market" (such as it is) had been assuming the deal was legit all along. Labcoin seems way under priced as well - which to me says that most market participants actually do think both Labcoin and ActM will be successful, probably both getting a few percent of the network. What I actually think is going on is that there just aren't enough people in the market overall, not enough money to support the "real" value of these stocks. That's not too surprising given the TOS you have to agree too, which basically amounts to you agreeing that you're just giving away your money with no recourse. Plus, not many people even use bitcoin, let alone understand mining well enough to get why these stocks have value. I know when people started talking about GLBSE, I figured it was an incredibly stupid idea to trust some random "bitcoin stock exchange". It turns out I was totally right about GLBSE - and early ASICMiner investors where only able to keep their shares because of Friedcat's heroic measures in getting the shareholder list. I think that probably explains AsicMiner's decline, the value (IMO) is declining because people are selling AM to buy ActM and Labcoin. Even though AM has been around longer, the fact is the price/reward ratio between AM and Labcoin are way out of whack. AM and Labcoin both have 130nm chips, with faster ones on the way. There's no reason for AM to have 50-60 times the market cap. At 2.1 and 0.038 it's more like 20x the market cap. So, it's impossible to predict what's going to happen. We might see a spike then rundown as people take profits. Or the news that they're hashing ____ Also - it's obviously funny that this supposed, self-proclaimed "chart reading genius" apparently didn't predict what would actually happen with his voodoo chartstrology. He keeps saying that the only reason ActM is low is because of you spreading fud, but if he's so awsome at predicting movements from charts why hasn't he been able to predict ActM's spike and subsequent return to .038? I mean, if he could really predict what the market was going to do he could have set a sell order at 0.0068, and a buy order at 0.0039, and almost doubled the number of shares in his account while being away from the computer for days. But of course for people like this, they're never willing to give a timeframe for their predictions. They'll always say whatever is going to happen just hasn't happened yet, what good is knowing a future stock price if you don't know when it will have that price? (or, they'll tell you that people are doing something to prevent the "will of nature" apparently in this case the chart gods can be foiled by forum trolling) Actm's stock price has been really funny in the last few weeks. For the longest period of time Actm was stuck in between .005-.0055 until that one day in which labcoin crashed/recovered/crashed several times because swede didnt bring news "early in the week" enough. This created a ripple effect on Actm which sent that stock into freefall, down to .003-.004 because investors demanded news on eAsic. Then, the press release finally comes out and the stock price settles at ... .003-.004. Must suck to be stuartuk right now given how he was banking on the press release to bump his shares permanently upward. Too many people obsessed with share price. Yes, that matters to flippers but it's the dividends that those who hold long are interested in. Do not make the mistake of assuming to know what others strategies are. |
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What a totally rediculous and futile exercise that was Boab. lol
(....useless crap removed....)
Dear moron zumzero, what is so "rediculous" about it? Try not to sound too ridiculous, while enlightening us all  you win. spelling. twat EDIT: you come in here spouting off with that fat gob of yours and insulting everyone left, right and centre (uk spelling) while critising others and then have the audacity to throw a fuck load of random numbers around and preach is if it's Gospel. I don't think so fuck face. The only reason you have over 700 posts is because you are a classic knee-jerk-spews-before-he-thinks muppet. Away and cut a hole in the ice and dip that fat face of yours in it while counting out those random numbers to yourself.  You've clearly got a vendetta and I'd bet you're butt hurt that you didn't get accepted on to the board. You've done more damage to your argument here than you can repair. Agreed. And my reputation, but I've had with this wanker and I no longer care. I'm holding very, very long so I am going no where in a hurry. Better get used to zumzero2 bacause I'm not taking prisoners!  |
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What a totally rediculous and futile exercise that was Boab. lol
(....useless crap removed....)
Dear moron zumzero, what is so "rediculous" about it? Try not to sound too ridiculous, while enlightening us all you win. spelling. twat EDIT: you come in here spouting off with that fat gob of yours and insulting everyone left, right and centre (uk spelling) while critising others and then have the audacity to throw a fuck load of random numbers around and preach is if it's Gospel. I don't think so fuck face. The only reason you have over 700 posts is because you are a classic knee-jerk-spews-before-he-thinks muppet. Away and cut a hole in the ice and dip that fat face of yours in it while counting out those random numbers to yourself. You've clearly got a vendetta and I'd bet you're butt hurt that you didn't get accepted on to the board. |
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I ran some numbers for fun, excluding possible profits form mining Product Revenue profit Cost Markup % Cross margin Units sold Profit earn
Fast-Hash One Silver Edition 1774.29 709.716 1064.574 66.67% 40.00% 901 639454.116
Fast-Hash One Gold Edition 3704.05 1481.62 2222.43 66.67% 40.00% 700 1037134
Fast-Hash One Platinum Edition 5699.05 2279.62 3419.43 485 1105615.7
Fast-Hash-One Silver 64 GH/s 1299 519.6 779.4 66.67% 40.00% 901 468159.6
Fast-Hash-One Gold 128 GH/s 2499 999.6 1499.4 66.67% 40.00% 700 699720
Fast-Hash-One Platinum 256 GH/ 3699 1479.6 2219.4 66.67% 40.00% 485 717606
Total Profit: 4667689.416 Are the "units sold" numbers made up or real? As I stated, those are completely made up numbers just to get an "idea" how many units ActiveMining has to sell in 52 weeks to justify the current share price. I did not include any mining revenue. You are welcome to do so and adjust the numbers accordingly. I used 52 weeks (from now) as time frame. "BTC world" keeps demonstrating its collective ADD so anything over that is probably too confusing. In real world, 3-5 year earnings are used for quick "back of a napkin" value calculation. Share price is just a reflection of what the Co is expected to earn in next X years. We have no financial reports or any reliable long and short therm predictions for production, sales, expenses, made by ActM. (stuff that EVERY company in the world has, except in this kindergarten Even "one man and a dog" companies do that. Instead of proposing possible adjustments to this prediction, with actual numbers, the foaming cheerleaders started to whine and moan. As expected, of course. What do you predict for mining income in next 52 weeks? What a totally rediculous and futile exercise that was Boab. lol Here, I think I'll take you up on the offer to do so myself. Here's what I get... 68463546857654+68746846846368475486546516841561353541241654144687487487989203020564685431102.3864654564 65436543513541645413516346543556565253165416854684-*9*/86555415125643553565465++512654468568465846+958- 68463546857654+68746846846368475486546516841561353541241654144687487487989203020564685431102.3864654564 65436543513541645413516346543556565253165416854684-*9*/86555415125643553565465++512654468568465846+958- 68463546857654+68746846846368475486546516841561353541241654144687487487989203020564685431102.3864654564 65436543513541645413516346543556565253165416854684-*9*/86555415125643553565465++512654468568465846+958- 68463546857654+68746846846368475486546516841561353541241654144687487487989203020564685431102.3864654564 65436543513541645413516346543556565253165416854684-*9*/86555415125643553565465++512654468568465846+958- 68463546857654+68746846846368475486546516841561353541241654144687487487989203020564685431102.3864654564 65436543513541645413516346543556565253165416854684-*9*/86555415125643553565465++512654468568465846+958- 68463546857654+68746846846368475486546516841561353541241654144687487487989203020564685431102.3864654564 65436543513541645413516346543556565253165416854684-*9*/86555415125643553565465++512654468568465846+958- |
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and just for lulz, to morns like UKDuck and zumzero and the rest. "ActiveMining is a virtual identity totally owned by the Active Mining Corporation (Belize) that represents both itself and its profits. ActiveMining's business includes cryptocoin mining and sales of self-built ASIC devices through its wholly owned subsidiary Virtual Mining Corporation (VMC)." Maybe you really need to go to fist page and read (and try to understand what you are reading), what you are actually cheering for. I like ActiveMining and I hope they do well but idiots like you and the rest of your lot, really need to start thinking about group suicide. I hope none of you morons have any children. Please think about removing yourself permanently from the gene pool. Thank you for caring about the future of human race. And now, please fuck off for good! How dare you! |
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Is there any way to move shares between Bitfunder and BTCT (without selling)?
It's been done once publicly through Ken and a fee of $5000 was paid to transfer 120,000 shares. |
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Not sure, wtf you guys are whining about any more? (except the shitty PR and lack of reporting) Only question now, is can ActiveMining pull of the following: "52 week total earnings" divided by "number of shares outstanding" is equal or grater than "current share price" In real world, this is usually 3-5 years earnings but in BTC reality, with a serious case of ADD, even 52 weeks is unimaginable long time for most noobs Currently Actm has 9972881 shares outstanding (btct 3074084+ bitfunder 6898797) So, this is 9972881*0.0040=39891,524*BTC:USD or 117. 39892*117=4 667 364 USD to make 4 667 364 USD profit (after all the expenses), how many units they need to sell in a year? Where the hell did you learn arithmetic!!!??? That jumbled up mess means absolutely nothing to anyone but yourself! Start again and at least use a numerical format that people can understand. 0/10 |
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Thanks for the reminder, I knew there was something I was to do!
Divs are in, better buy more..
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