[ActiveMining] The Official Active Mining Discussion Thread

[Stuartuk]

Read my previous posts. You have no idea what is going on across the market. I am happy as a sandboy. Seriously. All in in ACtM and wouldn't have it any other way. 

[deizel]

[AngelSky]

if you guys are not able to wait long enough, i'll buy your fear and make profit with it. That being said, sell if you want to.

[Stuartuk]

Let them sell, life is all about learning from your mistakes and most of these guys are clearly young enough to get a second chance when the next opportunity of a generation comes along in 10-15 years. I would resent any youngsters getting prematurely rich from this and never having to earn their way in life. Unfortunately that's inevitable for some.

[knybe]

sell! buy! whatever... blah blah blah tough guy talk.

again, this isn't a poker game with the biggest balls being the winner.

I got in at IPO, acquired a substantial position, and I'm holding... just getting a little disheartened that's all.

I just would like to know what progress "we've" made and it is absolute radio silence from many voices who used to have a lot to say (where's ffssixtynine, Street2.0, leweki, Vbs, etc.) in here about this venture.


At this point, with everything else going on, it seems like any kinda news may not make a difference anyway. And as more time goes on, difficulty rises, more companies get to market, it won't matter much what Ken and Co. have to say... will it?

[Stuartuk]

At this point, with everything else going on, it seems like any kinda news may not make a difference anyway. And as more time goes on, difficulty rises, more companies get to market, it won't matter much what Ken and Co. have to say... will it?

If you don't know the answer to that you should not have any money on this. Why would you put money on something you don't understand? Have you been reading this thread and taking ANYTHING in - apart from the trolls posts? Have you looked at the VMC site? Have you checked out the competition? I'm not your night-nurse so man up and go do some research.

Start your research by explaining to me what 'everything else going on' relates to.

[knybe]

You are 1000% correct,

Now sell me your shares, 20,000 at 0.0035.

I'll gladly take your doubts and fears on.

don't be a silly ass. 

[AngelSky]

sell! buy! whatever... blah blah blah tough guy talk.

again, this isn't a poker game with the biggest balls being the winner.

I got in at IPO, acquired a substantial position, and I'm holding... just getting a little disheartened that's all.

I just would like to know what progress "we've" made and it is absolute radio silence from many voices who used to have a lot to say (where's ffssixtynine, Street2.0, leweki, Vbs, etc.) in here about this venture.


At this point, with everything else going on, it seems like any kinda news may not make a difference anyway. And as more time goes on, difficulty rises, more companies get to market, it won't matter much what Ken and Co. have to say... will it?

You are 1000% correct,

Now sell me your shares, 20,000 at 0.0035.

I'll gladly take your doubts and fears on.

don't forget me pls

[Stuartuk]

I'm sure this will be very interesting to all the people with brown pants to wash today-

My manual calculations show that since this recent sell off started approx:
30k shares total were sold on BF
65k total were sold on btc.co

So with 10Mill shares owned by investors, that means only around 100th of the stock was sold (1%) - which is in all reality utterly insignificant.

Why did price plunge on such a minor sell-off? The reason exchanges price dropped (on average about 20%ish) is that there were no buyers supporting the market.

Why were there no buyers? A few reasons, the main I would say being everyone who is interested knows where the company is in terms of development/being pre-news release and is at this point already invested as far as they can/want to go. With little buying pressure any stock is vulnerable to a price dip like this when sellers enter the market (wishing to realise some FIAT most likely).

So if you now understand the reason for it and you see 99% of shares were held tight today I'm sure you can safely put on a clean pair, settle down, and get ready for the ride.

Comments?

[thefunkybits]

I'm sure this will be very interesting to all the people with brown pants to wash today-

My manual calculations show that since this recent sell off started approx:
30k shares total were sold on BF
65k total were sold on btc.co

So with 10Mill shares owned by investors, that means only around 100th of the stock was sold (1%) - which is in all reality utterly insignificant.

Why did price plunge on such a minor sell-off? The reason exchanges price dropped (on average about 20%ish) is that there were no buyers supporting the market.

Why were there no buyers? A few reasons, the main I would say being everyone who is interested knows where the company is in terms of development/being pre-news release and is at this point already invested as far as they can/want to go. With little buying pressure any stock is vulnerable to a price dip like this when sellers enter the market (wishing to realise some FIAT most likely).

So if you now understand the reason for it and you see 99% of shares were held tight today I'm sure you can safely put on a clean pair, settle down, and get ready for the ride.

Comments?

You're right about that. The BTC up for bid on btct was just over 100...Although we're down a couple points the bids are now up to 300BTC. Very good sign. Im still holding, still in profit mode and not selling anytime soon

[AngelSky]

I'm sure this will be very interesting to all the people with brown pants to wash today-

My manual calculations show that since this recent sell off started approx:
30k shares total were sold on BF
65k total were sold on btc.co

So with 10Mill shares owned by investors, that means only around 100th of the stock was sold (1%) - which is in all reality utterly insignificant.

Why did price plunge on such a minor sell-off? The reason exchanges price dropped (on average about 20%ish) is that there were no buyers supporting the market.

Why were there no buyers? A few reasons, the main I would say being everyone who is interested knows where the company is in terms of development/being pre-news release and is at this point already invested as far as they can/want to go. With little buying pressure any stock is vulnerable to a price dip like this when sellers enter the market (wishing to realise some FIAT most likely).

So if you now understand the reason for it and you see 99% of shares were held tight today I'm sure you can safely put on a clean pair, settle down, and get ready for the ride.

Comments?

You are smart.

[Stuartuk]

You are smart.

And that's why I'm backing ACtM.

[AngelSky]

You are smart.

And that's why I'm backing ACtM.

You're not alone my friend 

[crumbs]

I'm sure this will be very interesting to all the people with brown pants to wash today-

My manual calculations show that since this recent sell off started approx:
30k shares total were sold on BF
65k total were sold on btc.co

So with 10Mill shares owned by investors, that means only around 100th of the stock was sold (1%) - which is in all reality utterly insignificant.

Why did price plunge on such a minor sell-off? The reason exchanges price dropped (on average about 20%ish) is that there were no buyers supporting the market.

Why were there no buyers? A few reasons, the main I would say being everyone who is interested knows where the company is in terms of development/being pre-news release and is at this point already invested as far as they can/want to go. With little buying pressure any stock is vulnerable to a price dip like this when sellers enter the market (wishing to realise some FIAT most likely).

So if you now understand the reason for it and you see 99% of shares were held tight today I'm sure you can safely put on a clean pair, settle down, and get ready for the ride.

Comments?

Err...  Prices drop because ... not enough willing buyers.  
Please accept this Real Important Prize in Economics, but give us time, we're not yet ready for this much brilliance.

[knybe]

In all honesty I've invested with what I consider "free money" so whatever happens will happen.

I'll ride this train to whatever price point it wants to go.

Still; it would be nice if our fearless, NDA addled, conductor would pop his head in the coach section and tell us where we're headed.

[neilol]

I'm sure this will be very interesting to all the people with brown pants to wash today-

My manual calculations show that since this recent sell off started approx:
30k shares total were sold on BF
65k total were sold on btc.co

So with 10Mill shares owned by investors, that means only around 100th of the stock was sold (1%) - which is in all reality utterly insignificant.

Why did price plunge on such a minor sell-off? The reason exchanges price dropped (on average about 20%ish) is that there were no buyers supporting the market.

Why were there no buyers? A few reasons, the main I would say being everyone who is interested knows where the company is in terms of development/being pre-news release and is at this point already invested as far as they can/want to go. With little buying pressure any stock is vulnerable to a price dip like this when sellers enter the market (wishing to realise some FIAT most likely).

So if you now understand the reason for it and you see 99% of shares were held tight today I'm sure you can safely put on a clean pair, settle down, and get ready for the ride.

Comments?

Nailed it - I've been saying for weeks the the issue with these markets is the lack of liquidity. The volume is so low compared to outstanding shares that the high volatility and movements in price mean almost nothing.. it can double as fast as it can be cut in half.

Lack of ANY communication from board/owners is still worrying though.

[N_S]

Do we have any idea where Vbs, ffs, or some of the other board members are?

[Stuartuk]

The volume is so low compared to outstanding shares that the high volatility and movements in price mean almost nothing.. it can double as fast as it can be cut in half.

Perfect summary.

[Stuartuk]

Do we have any idea where Vbs, ffs, or some of the other board members are?

Intentional Radio silence.

[N_S]

Do we have any idea where Vbs, ffs, or some of the other board members are?

Intentional Radio silence.

That just seems...odd. What are you thinking would be the reason behind this?