[AMC]-The Official Active Mining Cooperative Discussion

[grimholt]

YES 4 / 0 NO    (1 ABSTAINING )

Any idea how many shares will be issued on btct? Will it be the same price at .0025BTC

I suppose that that depends on if we have burned through the 2 million by the time AMC is approved.

Market is flooded with people undercutting.  This better be some insanely good news!

Nope - they're gone now

Yeah, someone just bought around 200k shares(!), including 159,574 shares out of the wall:

Date: 2013-06-27 05:34:26
Type: BUY
Price Per: ฿0.00250000
Amount: 159,574
Total: ฿398.93500000

[kosmokramer]

YES 4 / 0 NO    (1 ABSTAINING )

Any idea how many shares will be issued on btct? Will it be the same price at .0025BTC

I suppose that that depends on if we have burned through the 2 million by the time AMC is approved.

Market is flooded with people undercutting.  This better be some insanely good news!

Nope - they're gone now

Yeah, someone just bought around 200k shares(!), including 159,574 shares out of the wall:

Date: 2013-06-27 05:34:26
Type: BUY
Price Per: ฿0.00250000
Amount: 159,574
Total: ฿398.93500000

That's not all.

[Rodyland]

Anyone got any ideas why there are only bids and no asks on btct.co?

[stereotype]

YES 4 / 0 NO    (1 ABSTAINING )

Any idea how many shares will be issued on btct? Will it be the same price at .0025BTC

I suppose that that depends on if we have burned through the 2 million by the time AMC is approved.

Market is flooded with people undercutting.  This better be some insanely good news!

At least it wont be initially be possible to undercut when the shares open on BTCTCO. But it does baffle me why people sit on the bid waiting for an extra paltry 1-2%, and why people selling think 1-2% is important to them. Flawed logic there somewhere.  

[pikeadz]

YES 4 / 0 NO    (1 ABSTAINING )

Any idea how many shares will be issued on btct? Will it be the same price at .0025BTC

I suppose that that depends on if we have burned through the 2 million by the time AMC is approved.

Market is flooded with people undercutting.  This better be some insanely good news!

Nope - they're gone now

Yeah, someone just bought around 200k shares(!), including 159,574 shares out of the wall:

Date: 2013-06-27 05:34:26
Type: BUY
Price Per: ฿0.00250000
Amount: 159,574
Total: ฿398.93500000

Holy shit.  This IS getting a little interesting.

[Vbs]

Holy shit.  This IS getting a little interesting.

Hope Mr. Slaughter is prepared to release some more shares prior to his announcement.

At the current market volume and if the news is really that good, I'm expecting the price won't stay at 0.0025 that long (for next batches)!

[Exocyst]

If you want to have shares on BTC-TC but don't want to increase your total shares in AMC, it seems you have two choices:

• Pay the pass through fee (1BTC if moving <50,000 shares *free if greater than 49,999*) to move shares to BTC-TC
• Sell your shares below the 0.0025 wall on BF and then re-purchase shares at BTC-TC.

I suppose some of the shareholder selling on BF today might be an attempt to ready a move to BTC-TC.

[stereotype]

Holy shit.  This IS getting a little interesting.

Hope Mr. Slaughter is prepared to release some more shares prior to his announcement.

At the current market volume and if the news is really that good, I'm expecting the price won't stay at 0.0025 that long (for next batches)!

Already been demonstrated that expectations are above .0025 

[stereotype]

500,000 shares purchased in that wall so far within 24 hours.

I expect after the announcement the rest of the shares will be eaten up within 48 hours.

These are exciting times for investors and even more exciting for AMC.

Will AMC be allowing investors to come and see their operation in the future? Springfield is only an hour away from some family so it may work out for me to be able to do so

I believe shareholders are actually invited to visit.

[circuitry]

Yup. Call me crazy, but I would gladly contribute to a fund to pay the expenses (fuel, food, accomodation) if any trusted member(s) of the forum are willing to go to AMC's facilities and do an independent, unbiased review.

Some of us live very, very far away from the US

[Skinnkavaj]

Really what better is it to have shares at BTCT.co if it's a PT?
I mean if Bitfunder goes down or WeExchange go down, we are still f*cked when BTCT.co is buying shares from BitFunder as a PT.
Am I missing something here?

[stereotype]

Yup. Call me crazy, but I would gladly contribute to a fund to pay the expenses (fuel, food, accomodation) if any trusted member(s) of the forum are willing to go to AMC's facilities and do an independent, unbiased review.

Some of us live very, very far away from the US

Flight from UK? Im packing now.

[PurpleTentacle]

Trading has gone live on btct. Seems that there are only 2 million shares released, I thought it was going to be 5 million.

[runam0k]

2m @ .0025 is 5000BTC. Or ~1500 AM shares. Still fairly substantial.

(Weren't a bunch released on Bitfunder too?)

[TaxReturn]

All preorders on btct were filled for their chosen bids, someone got 1 share for 0.1
I fully expect that person to show up here and complain about outrageous IPOs and the value drop of his investment...

[bobboooiie]

All preorders on btct were filled for their chosen bids, someone got 1 share for 0.1
I fully expect that person to show up here and complain about outrageous IPOs and the value drop of his investment...

that was probably just testing of some sort by burnside or ken himself

[PurpleTentacle]

2m @ .0025 is 5000BTC. Or ~1500 AM shares. Still fairly substantial.

(Weren't a bunch released on Bitfunder too?)

Yes, there were 2 million releases on Bitfunder.

[TaxReturn]

that was probably just testing of some sort by burnside or ken himself

Never underestimate the ingenuity of complete fools.

[stereotype]

All preorders on btct were filled for their chosen bids, someone got 1 share for 0.1
I fully expect that person to show up here and complain about outrageous IPOs and the value drop of his investment...

that was probably just testing of some sort by burnside or ken himself

Needs to be removed, to stop the chart distortion.

[bougelahi]

Happy Thursday Everyone!