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1181  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) on: May 08, 2014, 05:41:51 PM
But please, why do you feel it's within your right to attempt restriction of information in regards to the people running this venture?
Because somebody tried to harm his family!!!
You do not feel that is a good reason?


Not sure if you figured this out, but I'm making the assumption he might be lying to you.

It's convenient for people in a difficult position running a dying company to use excuses that cover themselves and their identities.

I could be wrong, but isn't it funny as they now expect all shareholders to hand over their identity (address, passport, etc...) the guy running the show slips off into the shadows.

One rule for them and another for us.

My question to you, Minor Miner, why are you ok with being forced to hand over your identity even though this was never a requirement when buying shares in the first place? But you're quick to protect those that are in fact working against your best interests.
1182  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 08, 2014, 05:36:12 PM
howz a bout the market decides the value!!!

lol exactly…

let the out-the-ass-share-price-speculations-circle-jerk begin.

Well I did my best to offer a realistic price point. 0.00012 on the condition Ken gives back 100 bitcoin per month to the investors.
1183  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 08, 2014, 05:34:15 PM
howz a bout the market decides the value!!!

Yeah that's how it works. However the market is made of people and sometimes people like to discuss what the value of something should be or what method should be used to value a thing.

Is that ok? Can we talk about these things? You do realise the "market" isn't some robot intelligence but the collective decision of many peoples all trying to get the best value for their coin.

This discussion can be good. For example a newbie might be about to spend too much coin on a share and by reading what I have wrote may come to the conclusion that in fact that share should go for a lower value.

Or conversely, someone might discover an error with my analysis and by discussing such things all parties become better informed.

The worst people in this world are those who would prefer a lack of information that enables themselves to profit at the expense of others. I hope that you're not one of those people Jasun.

I am not setting prices but rather discussing them. Feel free to join in with my discussion but please, do not try to censor it.

The well informed individual is a better individual.

I learnt my mistake of jumping into assets before fully researching them. Like I have said before, If I had not missed certain posts back in the early days of this security you wouldn't be reading my words now.
1184  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 08, 2014, 05:23:08 PM
Share price is mostly determined by the dividend, so lets wait until we have had enough dividend payments to calculate a value to the shares.

If we have a dividend payment every week, we can probably make a good value judgement after 2 - 3 months.

I think a good aim for now is 100 bitcoin dividend per month, making 0.00001 per share per month.

Because bitcoin mining and this venture are very uncertain, I think a share should be valued at 12 months worth of dividend.

Therefore, I calculate a value of 0.00012 per share.

Of course if Ken can get these 5,000 boards online, everything changes.

The shares could easily be worth 0.001 - 0.0018 per share if Ken's plan to get 5,000 boards sold or online comes true.

This assumes Ken keeps the hashrate up, which he has indicated as a very likely possibility.

So right now I value them at 0.00012 per share, however if you believe in what Ken has said about our future hashrate then we could value them at 0.001+

However, to sell thousands of boards we really need the website to be minimal and focused. Think Apple not bestbuy. We only have a small range of products.
1185  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 08, 2014, 03:18:09 PM
Hmmmm how long did it take anyone to get a Crypto-Trade account confirm email? ... 2 hours and counting here ...

Many people got their confirms very fast but that was when Ken was awake.

I am sure Ken is asleep at the moment and when he wakes up he'll have a mountain of email to get through!

I am waiting too.
1186  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) on: May 08, 2014, 03:16:58 PM
Once you decide to start a business, you're creating for yourself a liability and if your too much of a wimp to deal with it you should never have started the business in the first place.

A question was asked and answered. The decision to initiate an emotional response to it was yours, not mine.

Many of us are emotional, this is true.

But please, why do you feel it's within your right to attempt restriction of information in regards to the people running this venture?
1187  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) on: May 08, 2014, 02:40:06 PM
Further, why was the adminstrators identifying information removed from the original posts?  Thankfully TAT quoted it for reference.

DT suggested the change after a kidnapping attempt on my daughter in mid-April.

Haha what a Joke!

Like politicians use "kids safety" to censor the internet, Bitcoin scammers entrepreneurs use the same type of spin on kids safety to either flee or withhold information.

Guess what? When you decided to run a public company/investment, your details are on the line and you're meant to be an adult and do the right thing. To many people like you go running when things are tough.

Please read:

https://bitcointalk.org/index.php?topic=124441.0

Take notice on points 0 and 1.

Mircea might be a total dolt, but this post of his is spot on 100%

Once you decide to start a business, you're creating for yourself a liability and if your too much of a wimp to deal with it you should never have started the business in the first place.

In case you're too lazy to open the link, i'll quote the relevant passages:

Okay, it's not a crime. It's just the first step down the road which brings pretty much 9x% to crime within six months to a year. So, here are some simple easy steps for your convenience.

0. Starting a bitcoin business is a liability. The first thing you need to understand, and you need to understand it well. At sixteen hundred hours while you were sitting around your living room scratching your ear you were worth X. Your life, your ideas, your business, the shit around your house that you own, all that which makes up your life, added together, worth X. At sixteen fifteen, eight minutes after you had started your Bitcoin business you were worth X-k, where k is always positive and SIGNIFICANT. Starting a Bitcoin business is a liability, it makes you worth less. In fact, all the rest of your life in Bitcoinland will be attempts, more or less successful, to limit and reduce that liability. This is the outlook you must have not in order to be successful, but in order to have a shot at it. This is the outlook you must have in order to not guarantee failure.

1. Identify yourself to the community. This means, at the very least, creating a WOT account. If you do not have a WOT account you are not part of Bitcoin business. This is the criteria, no matter what you might think. That's where everyone looks, no matter what social media might be telling you. If you aren't in the WOT you aren't in Bitcoin.


1188  Economy / Securities / Re: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] on: May 08, 2014, 02:10:09 PM
I thought it was 10 000 BTC.
10000000*0.0025 = 25 000 though, I hope I made a mistake...  see https://bitcointalk.org/index.php?topic=252531.0
It was messy, with ken putting a buyback wall at the time. see https://bitcointalk.org/index.php?topic=245713.0
I wonder how much was really bought, i.e. if you exclude Ukyo buying with his fractional reserve or kslaugther's buybacks.

Because a lot of people seem to think we have only 200 bitcoin left.
Which again was never proven, I wonder why any legitimate shareholder would claim that - it would be extremely bad for the company, but helps kslaughter get away with the losses.
No large expense was ever proven (the Avalon order was refunded, right?); not for eASIC, nor for the other ASIC IP. The only one I can think of is buying miners from HashFast, and it certainly shouldn't be worth 10 000 BTC.

Yep, that is a mess, and a lot of chance for money to go "missing".

Ken will not tell us about the eASIC cash, what happened to that? Even if it gets refunded today that works out to 0.0002 per share in one hit.

1189  Economy / Securities / Re: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] on: May 08, 2014, 01:50:24 PM
Right after we made the the deal with eASIC, hashfast and cointerra came out with their 400 and 500 GH/s chips, after having eASIC run our RTL on their platform and for the minimum number of chips we had to purchase, we did not have enough pre-orders to cover the purchase due to hashfast and cointerra selling 17 Million in machines.
While the excuse makes zero sense, this is an admission that the deal with eASIC didn't go far. Thus, kslaughter should still have most of your coins.

Hey does anyone know exactly how many bitcoins were raised?

Because a lot of people seem to think we have only 200 bitcoin left.
1190  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 08, 2014, 07:53:47 AM
Hey guys, have any of you sent that email in the last 2 hours? I have and have had no response.
Ken is probably sleeping seeing as it's 3am in his neck of the woods.

Cool Smiley
1191  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 08, 2014, 07:49:18 AM
Hey guys, have any of you sent that email in the last 2 hours? I have and have had no response.
1192  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 07, 2014, 02:27:32 AM
Ken, Bargraphics friend can run 5,000 boards. Why not use him? It's worth the fee if it's 5% even.
1193  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) on: May 06, 2014, 03:13:32 PM
For those that don't want compliance Will must buy back the shares. Compliance was never mentioned at IPO.

Will, will you now scam or do what is right?
1194  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: May 06, 2014, 02:13:29 PM

Wow 0.000030 BTC per MaidSafe.
Going down from 0.000058, such investment.
Much profit -50%
Very worth it



The investment has turned sour for us Bitcoin investors, however the Mastercoin bagholders are up 2 times on their investment.
1195  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 05, 2014, 03:08:14 PM
The sad part is how we are all bitcoin investors, and still don't understand or utilize the power of the blockchain, and make statements that are not only baseless, but outright lies acording to the public ledger called the blockchain.  We all know where Mt. Gox's BTC are, and we all know that Ken is not stealing our divs.   

According to analysis of the remaining funds Ken has about 200 bitcoin left. I am sure once that 200 bitcoin has been used then Ken will use the remaining funds in the dividend address.

Ken was meant to be getting several PHs of boards soon, and Bargraphics even had a contact that could host the entire amount. So why are we still hashing at 80THs?

Jasun, many investors fear that once Ken runs low on the remaining funds from IPO he will use the remaining dividend as a last stand. That is why we liked the idea of getting some dividend so that we had something to show if the company does fold.
1196  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 05, 2014, 01:39:49 PM
Yes, the drama queens have all got their period at the same time.  

It's a lot of hot air and will pass once they get the attention they're demanding.

Well you're a lucky 0.0005 investor, many of us are 0.0025+ investors and know we'll never get anything back.

If Ken had the old products taken down and focused the site on the single product we offer (think how Apple would market it for example) we would be selling a lot more boards.

I showed the site to a friend and they couldn't understand why none of those products are in stock and will never be. Why they are on the site is beyond reason.
1197  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 05, 2014, 01:13:12 PM
It's almost like Ken wants a lawsuit.
1198  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: May 05, 2014, 11:32:13 AM
Phinnaeus Gage, what's your opinion on Maidsafe and the Safecoin network? Have you read the paper and looked at the source? I am interested in your opinion as you're a very well respected member of the Bitcoin community.
1199  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 05, 2014, 11:13:06 AM
Why doesn't Ken fix the website? A teenager could fix this in one hour. How sad.
1200  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: May 04, 2014, 07:12:35 AM
wow, it seems the mastercoin people got a good price!!!!

A very very good price, but the real riches were those who held Mastercoin before the terms were announced, allowing Mastercoin long term holders to cash out and into Bitcoin.

Those who bought in had to do so quick, because it pushed the Mastercoin price up fast. People who researched could only take advantage of the price difference very quickly.

This wasn't a situation newcomers could take advantage of (buy Mastercoin to invest in the IPO), only long term Mastercoin holders made the most money from this.

What's more, MaidSafecoin hold so much Mastercoin they can barely sell it off as it would crash the fragile Mastercoin price.

So only Bitcoin from the IPO is being used for financing making it even more odd why they allowed the Mastercoins to be included at all.

It's likely very little of that Mastercoin will be used and all value was in the Bitcoin raised, and the Bitcoin backers were shafted essentially.
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