[AMC]-The Official Active Mining Cooperative Discussion

[steveioio]

i think there is only one good exit from this mess.

everyone holding shares now should be granted amount of shares he paid of stated ipo price 0.0005

No they shouldn't - it's called speculative trading and you lost dude. Hard luck.

[bbxx]

i think there is only one good exit from this mess.

everyone holding shares now should be granted amount of shares he paid of stated ipo price 0.0005

No they shouldn't - it's called speculative trading and you lost dude. Hard luck.

in worst case i will be -1 btc total
i bought at 0.00089 and then k. made sell wall at 0.0005
he promised he will do something
and he didnt

[lolstate]

Eh, does anyone here advancing doom and gloom know how to read an order book? The panic-stricken weak hands have unfortunately sold and many will regret it in the days to come. One savvy buyer could swoop in now and take the price back to 0.0025 on both btct and BitFunder. And then the buyers will flood back in at 0.0025, their confidence restored, since we are not going to 0.0 as they feared. All very predictable .

Complete fantasy. These are not going anywhere back near 0.0025 until and unless hard evidence is put on the table and real progress is made. Do you know how many fingers have been burned today? The canny operators got out at .004 - they have made their money and they are not going to risk it on AMC again until things progress on the evidence front. Going nowhere.

Unfortunately the burnt fingers were mostly weak hands. A stock is healthier without them - that's the cruel truth. The canny operators are the ones who did not sell. Today's opportunistic sellers who plan to buy back in will most likely make a loss unless they time it well. The price will be back at 0.0025 within a few days.

[ajk]

Well things are definitely put into question now and I think Ken over estimated how the news would effect the market, everyone calling it pump and dump was also helpful, it is what it is and cant be right all the time every dog has his day so bears and the like, laugh it up,

still holding and hoping for the best

[steveioio]

in worst case i will be -1 btc total
i bought at 0.00089 and then k. made sell wall at 0.0005
he promised he will do something
and he didnt

Not quite. If price of AMC is below a certain price at some point in the future you will be reimbursed. I can't remember what the price level is. You restricted your losses today, not too bad but many have done much worse.

[steveioio]

Unfortunately the burnt fingers were mostly weak hands. A stock is healthier without them - that's the cruel truth.

In what universe? By what measure is a stock better without hundreds of its investors? They are only there to supply funding and if they are not there there is no funding. 'Weak hands' is a nonsense term you are talking about peoples hard earned money and you are surprised that they sold when 50% has come off the share in a morning?! Get a life.

[bbxx]

this security is like scamcoin

JKC or whatever

first btalk low price, pump, cryptsy (bitfunder), pump
btct (btc-e), pump

announcments, massive pump
bid walls etc

and when massive dump till the bottom
walls are gone

coin creator and early adopers are now rich
and some newbies, noobs, belivers are bagholders

[lolstate]

Unfortunately the burnt fingers were mostly weak hands. A stock is healthier without them - that's the cruel truth.

In what universe? By what measure is a stock better without hundreds of its investors? They are only there to supply funding and if they are not there there is no funding. 'Weak hands' is a nonsense term you are talking about peoples hard earned money and you are surprised that they sold when 50% has come off the share in a morning?! Get a life.

Where did I say a stock is better without hundreds of investors? It is better with strong hands, not weak hands. I'm not surprised the weak hands sold, it was all very predictable: the price dropped, they panicked, they sold. If the price had risen they would have bought more. The right thing to do in this situation is to hold the shares bought with money you are prepared to lose in full.

[steveioio]

The right thing to do in this situation is to hold the shares bought with money you are prepared to lose in full.

Yes strong investors not weak ones. We don't like weak people, girly, pathetic WEAK scum.

[lolstate]

The right thing to do in this situation is to hold the shares bought with money you are prepared to lose in full.

Yes strong investors not weak ones. We don't like weak people, girly, pathetic WEAK scum.

What are you talking about? 'Weak hand' is a metaphor, not a literal description.

[CMMPro]

Glad I got out...this house of cards is collapsing.

[Diamondstarfall]

Someone tell me I didn't get this wrong.

There were already 40million shares issued which were sold at 0.0005 correct?

now ken is issuing 4million more, 2 on bitfunder, 2million on btct at 0.0025.

Am I crazy? or this ratio is completely messed up. Does he honestly think he can just issue 4more million shares at 0.0025 so he can raise his other 40million share value by 5 times thus increasing his company value....

[steveioio]

What are you talking about? 'Weak hand' is a metaphor, not a literal description.

Are you insane? The OP is referring to weakness of character. He is not referring to a position of weakness as one would have for example with a weak hand in a card game. Please keep up.

[joele]

Cheap share now, will buy more. I'm a Ken believer  

[ArcticWolf]

Bought in at .0008 for BTC2. Even if I lose it all its only BTC2.
Im in for the long haul

[lolstate]

What are you talking about? 'Weak hand' is a metaphor, not a literal description.

Are you insane? The OP is referring to weakness of character. He is not referring to a position of weakness as one would have for example with a weak hand in a card game. Please keep up.

What are you talking about? I am the OP. 'Weak hand' is a metaphor.

[bbxx]

Cheap share now, will buy more. I'm a Ken believer  

good. till my 0.0015 ask plz

[joele]

Dang, I'm too slow, did not buy the 0.0009, now it's going up and up.

[stereotype]

What are you talking about? 'Weak hand' is a metaphor, not a literal description.

Are you insane? The OP is referring to weakness of character. He is not referring to a position of weakness as one would have for example with a weak hand in a card game. Please keep up.

What are you talking about? I am the OP. 'Weak hand' is a metaphor.

A demonstration why a barrier of entry may be necessary at some time in the future with these markets. Some of the stuff written here is by petulant children, who need an education.
Take note Burnside, et al.

[btct22]

Hi Ken,

Can you please post additional information to back up your R & D announcement, such as screen cap/scan of a email/letter from eASIC verifying the claimed results or at a minimum some evidence that you have indeed been working together. 

The KnC chips are claimed to be 100GH/s each so the "World's Fastest Bitcoin Mining Chip" has already been challenged.  Here is the text from KnC's latest newsletter:

Chip Progress report
The more technical audience amongst our customers have been asking for a lot details on the chips we will use. The information we have available to you today is that Jupiter will be a 4 chip design and Saturn a 2 chip design.
This means that we can achieve a minimum of 100GH/s per chip. Which we think most people will agree, puts us far ahead of our current competitors.