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861  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: June 03, 2014, 02:19:18 AM
The main coins I have high hopes for are, in no particular order:

Bitcoin.
Monero.
Nxt.
Ethereum.

I'm looking at Nem to see if they bring anything new to the table. It'll be an entirely new code base so its worth watching in case something awesome happens there.

I wouldn't be too concerned with Monero blockchain bloat. Darkcoin looks to be adding multi nodes to cope with the "trusting that the nodes aren't logging all the mixing" issue. Evan now wants 10 nodes to route each darksend tx. Essentially darkcoin could easily bloat out trying to compete with Monero but still failing to actually offer true anonymity.
862  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: June 01, 2014, 05:07:54 PM
How much is one nemstake worth in terms of ratio? How many nemstakes make the entire value of NEM?

Well there are 4 billion NEM in total and one stake is 1 million NEM. So 4000 stakes make up the entire NEM supply.

Thanks.
863  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: June 01, 2014, 05:04:49 PM

Wow definitely very cool, I will put them in the promotion board.

does one NEMstake equal 1/1000th of the entire amount of NEM?
864  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: June 01, 2014, 05:01:55 PM
How much is one nemstake worth in terms of ratio? How many nemstakes make the entire value of NEM?
865  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: June 01, 2014, 04:39:29 PM
I predict we'll be trading at 0.003+ within the month.  Wink

Oh please be right, please!
866  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: June 01, 2014, 04:06:01 PM
It might not be 19k bitcoin, it could be slightly less. Remember blockchain.info adds up all deposits to an address, it can't tell unique coin.

If I sent myself a bitcoin a hundred times, it'll say 100 bitcoins received by this address.

Apart from that I totally agree with you. Ken has been secretive about everything all the time.

Ken, why not tell us:
-How much bitcoin outside the mining address remains.
-How much fiat remains.
-How much money is still owed to customers.

Can you just answer those 3 right now please.

Answer those 3 properly (with figures) and I won't post for two weeks in any ActiveMining thread.
867  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: June 01, 2014, 03:55:01 PM
You can't have it both ways DTS.  Your constant FUD helps keep the share price suppressed even when there's good news and yet you then moan that you can't sell your shares becaus the price is too low.  

As for those figures you just pulled from your ass, you should be ashamed of yourself.

Good news?

What are you smoking?

There is no good news. After well over 10,000 bitcoin invested we have a farm that makes 4 bitcoin a day and not for long. Did you notice the bitcoin price is rising? That means the difficulty will now start it's 30% jumps again.

Ken keeps all the information from us, where is all the money? Where is it?

By the way, my numbers are most likely more accurate than any of the numbers Ken has ever given you.
868  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO]MANDATORY UPGRADE!Monero - Anonymous Currency Based on Ring Signatures on: June 01, 2014, 03:33:27 PM
Remember guys the future battle isn't between some scam coin (XC, Dark) or even a real coin like Litecoin, but the battle will be between the great four (as I have came to call them).

Bitcoin.
Ethereum.
Nxt.
Monero.

I'm still on the lookout for anything else to add to this list.
869  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: June 01, 2014, 03:29:39 PM
So...

Ken either overpaid for Hashfast (1,000 - 2,000+ bitcoin) and paid himself only (1,000 - 10,000 bitcoin) OR Ken paid an ok amount for the 100th and products (500 bitcoin) and paid himself (2,500 - 13,000 bitcoin)

Please note that these estimates take into account the 7,000 bitcoin Ken flushed down the drain with eASIC.

Either way, overpaid for Hashfast or not.

Kens salary is costing us at least $500,000 a year. (up to $2 - 4 million per year, Nice retirement!)

And we are ok with that????
870  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: June 01, 2014, 02:46:10 PM
Wow! Nearly 20k Bitcoin gone,

At today's prices that is about 11 million dollars.

Ken, could you please share where that money has gone?




First of all we have never had 20,000 BTC.

Next, we just build a DC with ~100 TH, that wasn't free.

We also have  boards in stock and those were not free either.


What you are seeing here, Ken, is idle speculation turned investigatory due to having no financial report for EoY 2013 or Q1 2014. If you don't release financial reports you are going to see a lot of these inquiries and accompanying scam theories. This is because people are accustom to legitimate companies release financial reports.

You need to release a financial report immediately and future reports must be consistently released.

Even if Ken just released a financial report that shows how much was raised and what happened to it?

We spent some on Avalons but got refunded, we spent about 7,000 bitcoins worth on eASIC and got a partial refund. The amount raised was between 10,000 and <20,000

So partial refund was what? let us say 100 bitcoin. Avalon was refunded.

So we should have around 3,000 - 13,000 bitcoin.

So then we give 150,000 shares to Peoples ASIC and no bitcoin. OK.

So how much has gone into hashfast?

Between 3,000 and 13,0000 bitcoin?

What about salary? I can't imagine many salaries being paid as no work has been done, nothing really. The website is still utter crap.

So the known addresses show almost no bitcoin left (except for the mining address)

What does that mean? Ken's salary is around 2,000 - 12,000 bitcoin? (Assuming 1,000 was used for hashfast, and even that would be too much as 100TH will never ever ever mine it back ever again. I am 100% certain that if you paid 1,000 bitcoin for this farm, well you might as well just send the bitcoin to the genesis block instead, it's worthless)

If you tell me that more than 1,000 bitcoin was spent on this farm, well that's a scam right there, why burn investors money for the sake of it?

How dare you?

Time for some clarification Ken!
871  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: June 01, 2014, 02:32:51 PM
First of all we have never had 20,000 BTC.

Then educate us, how much was raised?

Next, we just build a DC with ~100 TH, that wasn't free.

Will we be getting a dividend from this DC at some point?

We also have  boards in stock and those were not free either.

If we have boards, why not take Bargraphics up on his friends offer to host the entire lot?

Ken, what is going on?????
872  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: June 01, 2014, 02:25:13 PM
I wonder what all these informing of police, interpol and so on will lead to. Not only to ActiveMining i mean. For ActiveMining i think its totally useless to go that way. Sueing ken? For what? You saw what amount of bitcoins are in the known addresses? Then add the outstanding refunds and everyone should realize that sueing would most probably cost more than it could gain.

What im more concerned about is what will all those projects going down left and right will mean for the involvement of government. I mean first everyone is happy and invests in unregistered shares but when it goes wrong he calls for government. I cant blame anyone for that of course because most projects seems to be run by guys that lack knowledge in one part or another. So that things go wrong. But when practically every second, or even more, project ends in complaints and cries for government... what will that mean for Bitcoin one day? Will Bitcoin look like a shark pool or a den of thieves? So that government will suppress it? Or will they regulate it only?

The best outcome would be that the people doing business know what they do and do business wise decisions instead basing decisions on other things. But why should that change now for some reason?

I tend to sigh in the last time when i think about bitcoin projects... Bitcoin gains trust again, showing it in the shareprice, but i wonder where it leads too with all those investors wanting the government involved.

I haven't called the government, but I will complain on this forum about Ken and his lies.

I think it's best Ken never takes money from investors again, he somehow made 20,000 bitcoin vanish, probably into his own pockets.

If he really is poor from this (I doubt it) then he should get a job in a fast food store, he is not qualified to lead any company ever again.

And yeah, SebastianJu, if Ken does manage to actually completely fail then the legal option is a must. We make the case that he scammed and then we take everything. If we can make it so his family members that were paid at one point look like they were in on it, well it means more homes we can suck into our returns, I feel good about that.

It really seems like we have been scammed, all those bitcoins, I wonder where they really are?
873  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: June 01, 2014, 02:20:36 PM
I'm selling my shares in lots of 10,000.

10 bitcoin for 10,000

Please PM me and we can arrange a transfer.

Unfortunately this isn't how markets work. Why would anyone buy your shares for .001 ea. when they could get their own for far less on crypto-trade?

Who wouldn't pay a premium to see the back of DTS? Worth every penny imo.  Cheesy

Please do. :p
874  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: June 01, 2014, 01:45:48 PM
I'm selling my shares in lots of 10,000.

10 bitcoin for 10,000

Please PM me and we can arrange a transfer.

Unfortunately this isn't how markets work. Why would anyone buy your shares for .001 ea. when they could get their own for far less on crypto-trade?

I'm bored.

Of this company.

And I express this.

Via stupid posts. What a massive hole this is.
875  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: June 01, 2014, 01:22:12 PM
I'm selling my shares in lots of 10,000.

10 bitcoin for 10,000

Please PM me and we can arrange a transfer.
876  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: June 01, 2014, 11:48:53 AM
ive followed nxt price for a long time, im pretty sure nem def has something to do with the price rise, im not saying its the only reason, but nxt has only done 110,000 volume the past 24 hours and its risen 12%, what did nem do $50,000 volume the first day, easy math says its plausible.


the last major run up was caused by being at a conference where they made a huge amount of contacts and many many people were interested greatly by nxt.. there is currently guys at another conference now(today and tomrrow i think.. not literally right now lol) and the payexpo is coming up (nxt is the only coin going to be there.. dont even think btc is going to be there, could be wrong. there is also 3 major major announcements to be made..(pre ann today) a huge amount of excitement and many nxt guys bought more.. one devs interveiw was also on letstalkbitcoin today i think actually. nem may have played a part.. but its far from the main cause!

also this: https://nxtforum.org/central-europe-bitcoin-expo-(vienna-may-31-2014)/day-1/msg32930/#msg32930

if you look to the comments bellow he also states that is "confirmed"

what i take from this is that nxt may become listed on the exchange that he is talking about.. if its huobi... shit.. thats guna be SICK!!!! so ya i dont think its nem lol

it is Huobi  Wink the CEO of Huobi in person is in vienna  Wink

What does this mean? Nxt to rise or not?
877  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: June 01, 2014, 11:02:09 AM
Can we get the dividends paid out please?
878  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] >> Mandatory Wallet Update - The first POS ANON on: June 01, 2014, 10:53:49 AM
Don't buy at the top of a pump folks. Wait for it to come back down.

I disagree, XC will be 0.1 before the end of June. Don't miss out.


Actually I expect the top to be 1.5 bitcoin per XC. Due to Proof of Stake, nothing can stop this coin and it's proven mixing technologies (and Jesus developer)

:p

Buy buy buy!
879  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO]MANDATORY UPGRADE!Monero - Anonymous Currency Based on Ring Signatures on: June 01, 2014, 10:40:27 AM
Why Cryptsy and Mintpal didn't add MRO to coin voting?

I don't know, MRO isn't even on Mintpal voting list. I thought at least one of us would have been sent an email to suggest this coin ?

I asked to have Monero on the voting list. They said that they have no plans to add Monero.

At this point I think we must ignore Mintpal, now the Monero community sounds desperate to be their exchange. I couldn't care less with their attitude.
880  Bitcoin / Bitcoin Discussion / Re: satoshi is either dead or in prison on: June 01, 2014, 06:30:33 AM
I think that some 3 million "lost" coins, including "Satoshi's" are already priced into the current market rate.

Could you give me the source for this 3 million figure?

Most of the sources here talk about 6-7%, that is somewhere around the 1 million mark.

https://bitcointalk.org/index.php?topic=7253.0

Yeah I think you're right.

https://bitcointalk.org/index.php?topic=316297.0
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