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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread  (Read 479234 times)
Effayy
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August 29, 2013, 05:02:23 PM
 #4641

Keep thinking that as ActM drops and LC rises and overtakes it. I sold back when ActM was 0.006x and bought into LC because it was just so blatantly obvious that LC would beat ActM to the post. I still think ActM will be successful though (despite Ken's incompetence). I just think LC will see success first. If I'm right, I'll be able to take advantage of the rise in share price of both companies to make a double killing. If you are right and I'm wrong, then both of us will only be able to take advantage of the rise in share price from one of the companies.

It baffles me that you guys can't see the writing on the wall, it's 72pt bold!

Some people don't want to make the plays you're making. It's all going to be okay - just relax.

Yep that would be me. I don't have the balls to play stocks back and forth like that.

Please correct me if I'm wrong, but as a long-term player, I don't really care what the share price is at this point in time.  When progress is made and the press releases start coming around, investors will jump back in bringing the value up. Whether the price hits 0.006 or 0.0006 it really doesn't matter. At this point the company doesn't rely on share price. They have the startup money they need and are working with that.  Now it's just a matter of having patience, which many people lack.  Not that it's a bad thing, it's just not the way I play.

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iCEBREAKER
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August 29, 2013, 05:03:03 PM
 #4642

My thoughts exactly.  I've held on this long.   No sense in backing out now.  Just one announcement is all it will take.

Keep thinking that as ActM drops and LC rises and overtakes it. I sold back when ActM was 0.006x and bought into LC because it was just so blatantly obvious that LC would beat ActM to the post. I still think ActM will be successful though (despite Ken's incompetence). I just think LC will see success first. If I'm right, I'll be able to take advantage of the rise in share price of both companies to make a double killing. If you are right and I'm wrong, then both of us will only be able to take advantage of the rise in share price from one of the companies.

It baffles me that you guys can't see the writing on the wall, it's 72pt bold!

I've been telling them since it was possible to get out at 0.0045.  They didn't listen, preferring to ignore/ridicule/shoot the messenger.

ACTM is worth cash on hand/#shares, at most.  That's BTC0.001.  Considering they blew their $1,000,000 on obsolete half-ass EZ-copy tech, probably far less.  

Of all the 3rd gen 28nm ASICS, ACTM's chip will be the gimpy 386SX version.  "Remember, SX stands for 'sucks'."

Rapid turn-around time, the sole advantage of eASIC's EZ-copy quick-and-dirty process, has been lost due to the window of opportunity rapidly (Bitcoin time) closing slamming shut.


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Monero
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whether we have a dictatorship or a real democracy." 
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August 29, 2013, 05:04:43 PM
 #4643

Of all the 3rd gen 28nm ASICS, ACTM's chip will be the gimpy 386SX version.  "Remember, SX stands for 'sucks'."

Hahah, air-tight logic there Smiley
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August 29, 2013, 05:12:35 PM
 #4644

Of all the 3rd gen 28nm ASICS, ACTM's chip will be the gimpy 386SX version.  "Remember, SX stands for 'sucks'."

Hahah, air-tight logic there Smiley

Yes, the implicit logic is air-tight.

For all time values approaching SoonTM,

[EZcopy 1/2(ass) ASIC *0.28nm] << [Full Custom ASIC *0.28nm]

And ACTM profit tends toward Zero.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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August 29, 2013, 05:14:59 PM
 #4645

Of all the 3rd gen 28nm ASICS, ACTM's chip will be the gimpy 386SX version.  "Remember, SX stands for 'sucks'."

Hahah, air-tight logic there Smiley

Yes, the implicit logic is air-tight.

For all time values approaching SoonTM,

[EZcopy 1/2(ass) ASIC *0.28nm] << [Full Custom ASIC *0.28nm]

And ACTM profit tends toward Zero.

your FUD really needs work. I've seen better out of you :/
VolanicEruptor
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August 29, 2013, 05:15:11 PM
 #4646

Of all the 3rd gen 28nm ASICS, ACTM's chip will be the gimpy 386SX version.  "Remember, SX stands for 'sucks'."

Hahah, air-tight logic there Smiley

Yes, the implicit logic is air-tight.

For all time values approaching SoonTM,

[EZcopy 1/2(ass) ASIC *0.28nm] << [Full Custom ASIC *0.28nm]

And ACTM profit tends toward Zero.

I think you're trying so hard to push the price down, someone actually took your hardcore effort as an opposite signal and bought some shares up.  LOL.  Nice one..

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August 29, 2013, 05:20:58 PM
 #4647

We've been telling Ken he needs to get some things out of NDA asap. I understand he's trying to deal with this at the moment. Confirmation of a deal with eASIC would change things significantly and that's what we're all waiting to hear.

We've also asked for an Avalon update today.
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August 29, 2013, 05:23:39 PM
 #4648

Thanks ffssixtynine. Smiley  Hopefully something comes of that.

Also thanks to whoever just ate through the asks up to 0.005 Smiley
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August 29, 2013, 05:23:57 PM
 #4649

We've been telling Ken he needs to get some things out of NDA asap. I understand he's trying to deal with this at the moment. Confirmation of a deal with eASIC would change things significantly and that's what we're all waiting to hear.

We've also asked for an Avalon update today.


ffs, my man! Smiley

This is exactly the stuff I want to see. Please keep this up!
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August 29, 2013, 05:29:47 PM
 #4650

We've been telling Ken he needs to get some things out of NDA asap. I understand he's trying to deal with this at the moment. Confirmation of a deal with eASIC would change things significantly and that's what we're all waiting to hear.

We've also asked for an Avalon update today.


What exactly do you expect confirmation from eASIC to change? It will have no significant effect whatsoever. It will just relieve some people fears, that's all.
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August 29, 2013, 05:30:58 PM
 #4651

It will just relieve some people fears, that's all.

That can have quite a substantial effect on price/confidence, no?
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August 29, 2013, 05:36:48 PM
 #4652

We've been telling Ken he needs to get some things out of NDA asap. I understand he's trying to deal with this at the moment. Confirmation of a deal with eASIC would change things significantly and that's what we're all waiting to hear.

We've also asked for an Avalon update today.


What exactly do you expect confirmation from eASIC to change? It will have no significant effect whatsoever. It will just relieve some people fears, that's all.

Some people are really excited about eASIC confirming they're making an obsolete chip for ACTM.  As a shareholder, I'm dreading it. 

Less than 20GH per chip?  Oh, yay.  Satoshi dust for everybody!   Roll Eyes

Better news would be that Ken pulled out in time and is splitting the NRE/Avalon refund money between Cointerra and Hashfast chips.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
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August 29, 2013, 05:39:15 PM
 #4653

It will just relieve some people fears, that's all.

That can have quite a substantial effect on price/confidence, no?

That's not a significant change though.

Also, confirmation alone won't have much of an effect on share price, it'll only cause it to rise a little. Having some dates for the chips would see a greater rise but the only news that will cause a big rise in share price is hashing power coming online.

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August 29, 2013, 05:40:26 PM
 #4654

That's not a significant change though.

Also, confirmation alone won't have much of an effect on share price, it'll only cause it to rise a little. Having some dates for the chips would see a greater rise but the only news that will cause a big rise in share price is hashing power coming online.

Both would be good and both are in order. Let's all just sit back and watch what happens. Smiley
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August 29, 2013, 05:43:33 PM
 #4655

Yes hashing power will be the clincher but if you are in this for the long term these price fluctuations mean nothing. Let the speculators have their day but remember tomorrow is ours.
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August 29, 2013, 05:44:00 PM
 #4656

Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER   DATE   STATUS   TOTAL
#10473  June 1, 2013  Sample-chip-shipped  782.10 for 1 item

#10409  May 28, 2013  Sample-chip-shipped  782.10 for 1 item
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August 29, 2013, 05:45:56 PM
 #4657

Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER   DATE   STATUS   TOTAL
#10473  June 1, 2013  Sample-chip-shipped  782.10 for 1 item

#10409  May 28, 2013  Sample-chip-shipped  782.10 for 1 item

A step in the right direction. Thanks!
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August 29, 2013, 05:48:08 PM
 #4658

Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER   DATE   STATUS   TOTAL
#10473  June 1, 2013  Sample-chip-shipped  782.10 for 1 item

#10409  May 28, 2013  Sample-chip-shipped  782.10 for 1 item


Great decision, thank you and welcome back.
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August 29, 2013, 05:48:29 PM
 #4659

Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER   DATE   STATUS   TOTAL
#10473  June 1, 2013  Sample-chip-shipped  782.10 for 1 item

#10409  May 28, 2013  Sample-chip-shipped  782.10 for 1 item

And where would the refund money go? 

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August 29, 2013, 05:56:54 PM
 #4660

whaaattt??

Did I just miss some cheap shares?! dammit.

I'm gettin off-the-grid to Big Sur for a week.

Hopefully I come back to a beautiful new stack of ACTM news... among other things.


you people keep it above the belt in here.

laters.
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