140k at 0,0015 is 210btc. That's 28,000 USD. Are you saying there are people on here trading 30kUSD a DAY? You must be a crazy man if you think that isn't worth manipulating price over.

The difference between buying 140k at 0.0015 which is where price should be if we take into account the normal gap between exchanges and and buying at 0.002 where it is now is a quarter which would be in USD terms around 7,500 dollars. You are right in that only Warren Buffet wouldn't care about that difference, but to 95% of the people on the planet that is a lot of money.

+1

OK well you explain the difference then. The gap between the exchanges has never been anywhere near this narrow. That is a fact.

edit, 140k wall on the Bids at 0.0015. I think this is the price pump to bring price down to hit that wall. Exchange gap does not disappear for no reason.

No joke, there should be a 30-40% disparity in price between the two exchanges, there always has been without exception.

There is some serious pumping going on on the Bitfunder exchange. I wonder what for, I would say with the recent sell off it's to pump price before a further round of selling.
I see 0.0015 on BF before serious support is found. We have seen that the btc.co price has already fallen a long way so there is something very artificial about this BF price.

LabCoin are not coming out saying they are struggling with chips or boards, I think they are just behind schedule that's all. When they do start proper hashing it will quickly ramp up, much faster than ACtM - like a full month ahead at least.

Shares on Bitfunder seems to be around 20% overpriced right now. The usual 30-40% gap we see between the price on BF and btc.co is just not there today. What's happened, some news been released?

Better but the VMC is too thin and as I said before looks cheap. The current one is better than this, the merging letters just jar really badly for me and don't work. You shouldn't have to read the sub heading to figure out what the upper text is supposed to represent.

Honestly that is so visually confusing.

The first bit looks like Roman numerals 'III', and the V is disrupted by the last I which makes the V look like part of an extended N.

Way way too complicated.

Correct I'm not, and neither will be 99% of the customers who order via the website.

I don't think any of these are as eye catching or as plain and clear as the current logo (which is naff). Far too confusing on the eye, in situ they cause a lot of visual conflict and they look cheap.

You see that reluctant little tail over the past 8-9hrs on the ACtM chart on Coinflow?

http://www.coinflow.co/chart/ACTIVEMINING

That's all the flippers slowly selling for a loss. Most of them got in just below 0.006.

It takes the pros 6years to learn how to day trade.

It's a bit sad really. They must be young because bragging like that/making it all up is a boys game.

FLIPPING

Reading these amazing flipping stories from LC>ACtM>LC is funny.

If you look at the history on btc-tc and the charts on coinflow the reality is a bit different.

-There were only 30k total LC shares sold around the ACtM rally, and a third of those was during the tail end of the ACtM move from .006 to .0066. These people would have made nothing at best because once you take into account the spreads between buying and selling on 4 different occasions (3%x4=12% now but it would have been more at the time) you have lost 15%+  and the max theoretical gain was only 10%.

-The third of shares in LC that were sold roughly halfway through the ACtM rally (you can see around 10k shares are sold in 5 lots around 22:50 in history on btc-tc) well most of them were sold a few minutes before ACtM hit .006 so they would have made a max 15-20%.  But again if you take away the approx 15% over 4 transaction spreads you have a max theoretical 5% gain.

-Now to the last third of LC shares sold. This 10k was sold over 40-50 small batches, so it's lots of small sellers approximately 200 shares each. These sellers could have made 50% but the biggest single seller is only 1k (over two lots) so they made max 2btc.

Another really interesting point is that the BIG sellers in LC last night didn't get back into LC until many hours after the start of the ACtM rally (they were expecting it to continue). You can see in the history log that the 10k (5lot) seller did not come back until around 08:30 today.  Infact ONLY 5k of LC had been bought back (over many small lots) by around 2am. By that time ACtM sellers would have been getting around .0050 which is below break even for most rally buyers. If the big sellers that got back into LC today sold their ACtM just before buying back their LC they would have lost 10-15% on selling ACtM and a few % on the buyback of LC.

So a quick summary would be:

a third of the flippers (around 30-40 people) made 2btc each max.
a third of the flippers (around 10 people)  broke even or lost 10% after spread fees.
a third of the flippers (2 or 3 big sellers) are just getting back in today and have lost 10-20% perhaps more.

If any one says any different ask them to show their trades on the history log.

Day trading is easy in hindsight, for all these flipper heros. lol  

lol you just told someone to stop complaining then complained about the exact same thing.

I think this was already mentioned but candlestick charts are essential if you want to attract more serious investors, they are standard in the real world securities industry.

The VMC website has already been updates with the excellent eASIC news which is great.

I would like to see more made of the eASIC deal though in terms of selling pre-orders.

Unlike a lot of btc hardware companies we now have a solid expert partner so the likelihood that our hardware will ship on time is very very high now. So customers can safely pre-order knowing that mining returns will be guaranteed at a set date, they can then do the maths to work out their out-lay vrs profitability.

We could corner the pre-order market (however big that is right now) with this solid news. So long as we big up the fact that shipping is almost guaranteed to occur ONTIME with this partnership deal.

Great question. I guess you mean pre-order?

Now that customers know these units will ship on time, confidence will be to the max. Wasn't 400k raised already with pre-orders? It would seem fair to think that might jump by 5x so 2mill in new orders could come in over the next 2-3weeks?

eASIC is a company, the other two are chips.

I would suggest you sell your hardware and buy BTC with the funds. BTC could go to 20k per coin easily within 2years.

I wouldn't back LTC with limited funds, all of the global infrastructure and interest is behind BTC now, it has won the race by a country mile.

Me too, can't wait - it's easy to just lurk but sometimes you want to join in and suggest stuff.