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441  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: September 04, 2013, 11:11:56 AM
OT: Don't upgrade Google Authenticator on iOS or you'll lose your data!

Suggested fix: https://bitcointalk.org/index.php?topic=287459.msg3077955#msg3077955
442  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: September 01, 2013, 10:11:34 PM
To deal with some more points brought up both by fudsters and those people who are replying to it.

I've already explained why an NDA can prevent some of the things mentioned here from being discussed, so to bring it up again is to spread FUD to affect share price.

eASIC have not said they are producing anything from VMC. That's a key thing we're waiting on.

No one here knows whether chips will be Sept, Oct or Nov. Any of you claiming otherwise are making it up for your own purposes. Please don't. That's something that has to come from Ken sooner or later.

Please stop replying to crumbs, pompo et al. All you're actually doing is spreading more fud as a result and once again making the thread useless. You're not doing anyone any favours by replying. Use your ignore list, that's what it's there for.

If you want to engage trolls, PM or use the speculation thread.
443  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 31, 2013, 05:40:06 PM
Ken's aware of views here. Regardless of shareholders, he needs the press and confidence that an eASIC press release would bring. Prospective buyers need it, especially after Avalon and bfl let everyone down. So it's important for all shareholders, short or long term.

Also no need to say ken/pr. Ken is behind all the news, pr just helps word it and ensure it's the right thing to be saying. No news, no pr. The last main post we asked to come from Ken himself as it wasn't a regular news item.

Part of the problem with bitcoin is things happen so fast, prices move a lot based on very no news, fud, or low volumes, and people are very reactive, shouty and impatient. This happens across many offerings - read some other threads!

Since nothing is going to happen for a few days now, it may be best to step away from the day prices and forum for your own sanity!
444  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 31, 2013, 01:40:50 PM
If they don't remove the NDA, this is going down and down. Maybe they should reconsider it with their partner(s). No NDA = more trust = share price up to 0.005+

EDIT: and btw, WHY NDA here ? I don't get it.

It isn't ken's choice but an eASIC requirement. If/when eASIC issue a press release, the NDA situ will change. Else ken needs to negotiate certain items can be made public.

Nothing is going to happen for the next few days due to holidays, however.
445  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 31, 2013, 11:24:08 AM
I can answer a bit of this though I'm as frustrated as anyone.

He genuinely can't discuss anything which would imply a deal had or hadn't been made yet with eASIC.

It's not a situ that can continue any longer IMHO (because he needs some press coverage as well as long term shareholders being unhappy about lack of information) and we've made that clear. Ken is not the best at handling the public side of things as we all know and tends to focus on his engineering.

It's a holiday in the US Monday but tues onwards we'll continue to push him daily to ensure he is chasing it up as his highest priority. We want to see this put to bed within the next week or so but it's not down to us.
446  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 30, 2013, 07:52:38 PM
Ok so you're saying that Cointerra/HashFast and KNC are better alternatives. But I really don't want to buy miner to do it solo and i'm also wary of the group buys. Is there an IPO at one of these 3? We all know that solo miners take the short end no matter how "advanced" their chips are, especially if you're not "first in the line".

What is the better alternative than ACTM?

Please take this to the Speculation thread.

(yes I'm going to keep reminding people)
447  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 10:11:45 PM
Again, get the speculation off this thread please guys.
448  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 09:43:40 PM
ok so...

[22:30] <kenslaughter> big news tomorrow
[22:36] == kenslaughter [464048bf@gateway/web/freenode/ip.70.64.72.191]
[22:36] ==  realname : S01067cb21b30a7a3.ss.shawcable.net/70.64.72.191
[22:36] ==  channels : #ActiveMining
[22:36] ==  server   : herbert.freenode.net [DE]
[22:36] ==  idle     : 0 days 0 hours 6 minutes 20 seconds [connected: Thu Aug 29 21:25:41 2013]
[22:36] == End of WHOIS

Not him.
449  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 09:41:29 PM
We need to work on building a solid brand. We need a clean, cool logo. We need completely new website. We need to have a coherent line of products, and market them appropriately to gain some much needed public exposure.

Every single one of your points heavily advised (more than you possibly imagine as Ken will attest to) and some of which are being acted on. We'll keep working on the rest.
450  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 09:38:18 PM
The work is visible and it's a good direction but imho some minor tweaks could go a long way. The logo on top seems a bit off to me. I'm just a website user but if you compare similar sites they appear a step above VMC.

The next person to mention the logo is going to get ..... something.

I think it may have got fixed a bit, but not properly. It's still on the very lengthy website to-do list they have from us.

At least we've got rid of a lot of the superfluous store stuff (much more to go) and had the text rewritten.

Please give it another day or two then contact us with bugs or use issues and we'll stack them up and pass them on. There have been so many that we're bound to have missed some.

451  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 09:34:46 PM
In a related note, can it be shared with us what our status on pre-orders is? As in how many have been made and, if any, refunded?

That's something to do a short while after the eASIC announcement in order to keep the PR ball rolling. You need to keep the press going.

452  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 09:28:22 PM
Agree. The website really needs a refresh.

We've moved heaven and earth on that front, but we're only going to get tweaks and bug fixes in the immediate future. We've supplied a very large number of those, particularly to try and make the store less of a clunkfest and to get visitors where they need to go quicker.

Ken wants to keep his current site as he doesn't want to risk changes at the moment,  although he does accept it needs some minor improvement. He definitely has a typical engineer's view of it - he doesn't see the quality of it or how difficult it is to understand and use. He also says customers are happy with the store.

If you have feedback on the current site then send him a PM.
453  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 08:19:46 PM
Guys, can we not reply to Icebreaker et al here. Those posts are for the speculation thread or PM, not for here.

More feedback on the avalon situation would be appreciated.
454  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 08:10:43 PM
The answer is it depends. Is there a clear plan Ken can articulate for reinvesting the funds at a high IRR (higher than we can achieve on our own) along the lines of the core business of ACTM that fits reasonably within his business plan? If yes then he should re-invest it. If not he should give it back as a dividend.

I expect it'd go back into the revenues needed to get through the various plans, reducing sales requirements accordingly, so potentially speeding things up a little.

Since time is, quite literally, money, I could see its worth.
455  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 07:57:52 PM
I believe the money shall be used as a bribe for eASIC to throw away NDA and let us know what the fuck is going on.  I would pay big money for that.

$5k?

I would pay that.. yes. 


Go pay them and see if it works  Grin
456  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 07:52:21 PM
I believe the money shall be used as a bribe for eASIC to throw away NDA and let us know what the fuck is going on.  I would pay big money for that.

$5k?
457  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 07:52:02 PM
The original funds were for hashing power, they should be used for hashing power. There are also serious considerations and concerns with paying out a disproportionately large dividend this early on in the piece.

The one thing that is lacking from the board is business acumen. Also, there isn't "some support" for 100% reinvestment, the MAJORITY favour this option.

Vince, a key part was earning dividends from Avalon in the very near future, if not now. It's not Ken's fault that's gone screwy, but you don't speak for all shareholders. Also, a refund doesn't have to be paid back in one dividend.

I've clearly said it's better for the business (to reinvest) and I've also clearly said that there are also shareholders of various kinds to consider who have given us different feedback (certainly on more than this public page).

When I said 'some' support I meant that in a positive sense BTW and let Ken know accordingly.
458  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 07:47:37 PM
I voted for 50/50 earlier but if the Board and Ken think the company would be better to re-invest it all and that would improve long term prospects then that's cool.

Clearly if Ken reinvests the money then it's better in the long term as long as all the plans are followed through.

That decision ought to have strong back though, so please keep posting.
459  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 07:42:37 PM
It's going to be hard to argue that 100% reinvestment isn't in the company's best long term interest.

In pure company terms absolutely, but there are shareholders who have been unhappy and understandably so, and there are shareholders who expected dividends sooner rather than later.

We've let Ken know there is some support at 100%.
460  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 29, 2013, 07:35:40 PM
But FFS it just doesn't make financial sense for the company to pay these back as dividends. I personally believe it would be very irresponsible.

Vince, if you're a public company and you raise money with a prospectus defining what it'll be used for, you can't then just change it's use. If you're a private company then you can do what you want.

ActiveMining is in a grey area in between.

It's not as simple as, "it's ActiveMining's money to do with as they wish" - shareholders have different opinions too.

I can go either way but 50:50 works for me. Other opinions may differ.
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