afrotec
Full Member
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Activity: 127
Merit: 100
Coinnoisseur
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August 29, 2013, 03:46:43 AM |
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+1 for dumping the chips. finally a chance to reclaim what we once thought was lost - we should initiate the refund ASAP and be sure we're at the top of a long list
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BlockChains
Member
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Activity: 111
Merit: 10
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August 29, 2013, 04:03:22 AM |
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I agree a refund request would be a better option. Mainly because at this point the chip buy is a sunk cost and there are only 2 real outcomes:
1. We could wait some undetermined amount of time and maybe get chips that will never ROI or
2. Wait some undetermined amount of time and maybe get the full btc investment back.
It seems that since both options are unlikely, at least if one were to pan out the refund would see the best return.
Also, 9 Batch 3 refunds and counting have been issued since the community and Yifu had their scuffle today. So there's some hope for a possible refund, maybe.
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N_S
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August 29, 2013, 05:11:26 AM |
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I agree a refund request would be a better option. Mainly because at this point the chip buy is a sunk cost and there are only 2 real outcomes:
1. We could wait some undetermined amount of time and maybe get chips that will never ROI or
2. Wait some undetermined amount of time and maybe get the full btc investment back.
It seems that since both options are unlikely, at least if one were to pan out the refund would see the best return.
Also, 9 Batch 3 refunds and counting have been issued since the community and Yifu had their scuffle today. So there's some hope for a possible refund, maybe.
This is solid reasoning. 100% |
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tom.hashemi
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August 29, 2013, 05:33:13 AM |
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Can someone explain to me what has happened? Wondering why the share price has become so volatile & getting confused reading back through the thread...
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freedomno1
Legendary
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Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
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August 29, 2013, 05:44:29 AM |
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Can someone explain to me what has happened? Wondering why the share price has become so volatile & getting confused reading back through the thread...
A climate of fear would sum it up As for the Avalons Neutral for now |
Believing in Bitcoins and it's ability to change the world
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FloatesMcgoates
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August 29, 2013, 05:46:28 AM |
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Can someone explain to me what has happened? Wondering why the share price has become so volatile & getting confused reading back through the thread...
The price will decline every day until there is actual news regarding the eAsic deal. People are starting to dump shares because they have had enough with the "NDA covers everything" excuse and are living in a climate of fear given the recent labcoin scare. |
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tom.hashemi
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August 29, 2013, 06:01:51 AM |
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Can someone explain to me what has happened? Wondering why the share price has become so volatile & getting confused reading back through the thread...
The price will decline every day until there is actual news regarding the eAsic deal. People are starting to dump shares because they have had enough with the "NDA covers everything" excuse and are living in a climate of fear given the recent labcoin scare. Cool - thanks both. If it makes any difference, I'm loving the bulk dumps... I've tripled my ActM holding in the past 24 hours... |
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BigBitz
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August 29, 2013, 07:11:09 AM |
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Can someone explain to me what has happened? Wondering why the share price has become so volatile & getting confused reading back through the thread...
The price will decline every day until there is actual news regarding the eAsic deal. People are starting to dump shares because they have had enough with the "NDA covers everything" excuse and are living in a climate of fear given the recent labcoin scare. Cool - thanks both. If it makes any difference, I'm loving the bulk dumps... I've tripled my ActM holding in the past 24 hours... I'd love to know "WHY" Ken's update is nothing short of insulting. |
Tips BTC --> 1BS2sYvy3T1cpNhie6CVFMcUrHa84a8mPa <-- Thanks! || Tips [LTC] --> LaytYJNCha7z7zcws5a2o2GWWjvWfDCGkr <--
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Bitcycle
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August 29, 2013, 07:32:11 AM |
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Can someone explain to me what has happened? Wondering why the share price has become so volatile & getting confused reading back through the thread...
The price will decline every day until there is actual news regarding the eAsic deal. People are starting to dump shares because they have had enough with the "NDA covers everything" excuse and are living in a climate of fear given the recent labcoin scare. Cool - thanks both. If it makes any difference, I'm loving the bulk dumps... I've tripled my ActM holding in the past 24 hours... I'd love to know "WHY" Ken's update is nothing short of insulting. Ken's update was fine, as long as you're not a mindless member of the herd. |
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BigBitz
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August 29, 2013, 08:00:13 AM |
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Heh. Mindless member...
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Tips BTC --> 1BS2sYvy3T1cpNhie6CVFMcUrHa84a8mPa <-- Thanks! || Tips [LTC] --> LaytYJNCha7z7zcws5a2o2GWWjvWfDCGkr <--
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wasubii
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August 29, 2013, 08:11:23 AM |
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I would absolutely get a refund for as many chips as possible. I'm not sure what should be done with the ~1500btc we'd get back though. It could be given back to the 10mil shares at 0.00015 per share, kept to cover any potential expenses, some other option, or any combination of the three. Thoughts?
Put it in a fund for continual production of in-house chips. That's where the real strength lies. +1 Thats where my votes go (3000+ shares) |
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abuelau
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August 29, 2013, 08:13:42 AM |
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Sometimes I feel like half of the "investors" here (maybe more) are a bunch of 15 yrs old that invested all of their savings (maybe 0.5 BTC) that they got from their parent's allowance and they spend 20hrs per day in the forum trying to "outsmart" everyone else.
- "Oh, it's been 30 mins without any updates from Ken, it must mean he ran away with our BTC"
- "Oh Ken didn't put a dot in the end of his second sentence, this must mean he doesn't see the chips getting ready soon"
You need to grow up and realize thag things don't happen overnight in the real world and stop whining all the time. So far there is no significant news, period. When there is, they can be good or bad, make your bets.
And BTW, I too increased my holdings buying from the mindless ones that are selling cheap.
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stereotype
Legendary
Offline
Activity: 1554
Merit: 1000
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August 29, 2013, 08:34:55 AM |
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Can someone explain to me what has happened? Wondering why the share price has become so volatile & getting confused reading back through the thread...
The price will decline every day until there is actual news regarding the eAsic deal. People are starting to dump shares because they have had enough with the "NDA covers everything" excuse and are living in a climate of fear given the recent labcoin scare. Cool - thanks both. If it makes any difference, I'm loving the bulk dumps... I've tripled my ActM holding in the past 24 hours... I'd love to know "WHY" Ken's update is nothing short of insulting. Tend to agree, and has instilled enough doubt for me to sell what i had.  I just feel ActM now have more issues regarding positioning in the market and timing, and i see no evidence, method, or reasoning from Ken/ActM, that says to me i should still carry faith. To much faith for my comfort levels at this point. However, will be watching and hoping this deal does come good, and hope my arm doesnt get yanked off trying to get back on the leaving train, IF its meaningful news. |
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VinceSamios
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August 29, 2013, 08:58:43 AM |
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I think a class action law suite would be the way to go.
Anyone here want to join, I have already discussed this with a lawyer.
On this Ken - I think we would all rather you focus on ActM/VMC products rather than the problems arising from Avalon chips, which are pretty much obsolete anyway. |
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BigBitz
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August 29, 2013, 09:03:48 AM |
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I think a class action law suite would be the way to go.
Anyone here want to join, I have already discussed this with a lawyer.
On this Ken - I think we would all rather you focus on ActM/VMC products rather than the problems arising from Avalon chips, which are pretty much obsolete anyway. I find it odd you had time to find out about a class action law suit, setup a lawyer, explain everything etc especially re; bitcoin and the nature of the beast. Yet you don't have time to offer any updates that aren't insulting. |
Tips BTC --> 1BS2sYvy3T1cpNhie6CVFMcUrHa84a8mPa <-- Thanks! || Tips [LTC] --> LaytYJNCha7z7zcws5a2o2GWWjvWfDCGkr <--
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Subcide
Member
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Activity: 70
Merit: 10
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August 29, 2013, 09:05:07 AM |
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So sell your shares.
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BigBitz
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August 29, 2013, 09:09:37 AM |
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So sell your shares.
I did. I'm still allowed to participate in discussion. My point is valid. |
Tips BTC --> 1BS2sYvy3T1cpNhie6CVFMcUrHa84a8mPa <-- Thanks! || Tips [LTC] --> LaytYJNCha7z7zcws5a2o2GWWjvWfDCGkr <--
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VinceSamios
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August 29, 2013, 10:02:42 AM |
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Heh. Mindless member...
quoted - because this did receive the comedic praise it deserved.... |
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ffssixtynine
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August 29, 2013, 10:07:37 AM |
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Just come online today to see the Avalon stuff. Lawsuit would be madness, as I posted on the Avalon thread some days ago. Get the refund asap if it's on offer.
As for what to do - re-invest or dividend minus the costs incurred? Any other options?
Thoughts?
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VinceSamios
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August 29, 2013, 10:10:52 AM |
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Just come online today to see the Avalon stuff. Lawsuit would be madness, as I posted on the Avalon thread some days ago. Get the refund asap if it's on offer.
As for what to do - re-invest or dividend minus the costs incurred? Any other options?
Thoughts?
Agree - and definitely re-invest. I didn't pay what I paid for ActM shares in order to get some of it back as a dividend. I think a far far far better value proposition is to hold coins as a buffer in case of increased manufacturing costs (unforeseen) and if those don't materialise, to catapult expansion of hashing power. |
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