freedomno1
Legendary
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Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
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September 02, 2013, 05:42:48 AM |
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So time to buy or sell 
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Believing in Bitcoins and it's ability to change the world
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iCEBREAKER
Legendary
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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September 02, 2013, 06:02:17 AM |
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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Plazma
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September 02, 2013, 07:00:52 AM |
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Still best company to invest in.
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BTC: 1A1Mwjfw2mTko4N2UuVQ3RK4hXJunsPA3j XMP: AcT3PK4wofjCMt6irN4HXENUqPvoBJRWk3
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aquarius
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September 02, 2013, 07:50:48 AM |
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Still best company to invest in.
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thefunkybits
Legendary
Offline
Activity: 1218
Merit: 1000
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September 02, 2013, 08:18:45 AM |
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Still best company to invest in.
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snowdropfore
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September 02, 2013, 08:21:42 AM |
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Still best company to invest in.
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alexius89
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September 02, 2013, 08:25:51 AM |
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Still best company to invest in.
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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September 02, 2013, 08:34:06 AM |
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Still most fucked company to invest in.
FTFY.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "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
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MonkeyMarcel
Member

Offline
Activity: 97
Merit: 10
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September 02, 2013, 09:31:35 AM |
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Picked up so many cheap shares this last day!  When do you become a whale?
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bigdude
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September 02, 2013, 10:55:05 AM |
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Picked up so many cheap shares this last day!  When do you become a whale? Good Question.
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Mabsark
Legendary
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Activity: 826
Merit: 1004
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September 02, 2013, 11:35:54 AM |
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Still best company to invest in.
ActM have 430 Gh/s online. In the next week, Labcoin will be bringing 10x that hashing power online. Over the next 2 weeks, ActM's price is going to drop to about 0.001 BTC and stagnate there till November when they bring some hashing power online based on their sample chips. Until then, they're stuck with the 430 Gh/s they currently have. So yeah, now is an excellent time to invest in this company, honest! Perhaps one of you lunatics can explain something? Why do you think ActM is worth more than 0.001 BTC while LC is worth less than 0.01 BTC and will have 10x the hashing power within the next week?
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Mabsark
Legendary
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Activity: 826
Merit: 1004
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September 02, 2013, 12:14:41 PM |
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Still best company to invest in.
ActM have 430 Gh/s online. In the next week, Labcoin will be bringing 10x that hashing power online. Over the next 2 weeks, ActM's price is going to drop to about 0.001 BTC and stagnate there till November when they bring some hashing power online based on their sample chips. Until then, they're stuck with the 430 Gh/s they currently have. So yeah, now is an excellent time to invest in this company, honest! Perhaps one of you lunatics can explain something? Why do you think ActM is worth more than 0.001 BTC while LC is worth less than 0.01 BTC and will have 10x the hashing power within the next week? You keep repeating the same shit, first off I'm going to report this to the moderators for spam since you have stated this same thing 8 times. Second off, no one is buying Shares of ActM for their current hashrate, the price of shares does not reflect that. If you want to go buy shares based on current hashrate go buy Lab Rat Mining shares. The shares are valued at potential of the company. obviously we value ActM's potential a lot more than Labcoins. It's fairly Obvious Labcoin is needlessly spending money on old technology to try to trick shareholders into thinking they will be able have sustainable hashrate by going to 130 to 55 to 28 or whatever their plan is. It's cheaper/faster/more sustainable to go right to 28nm and have not "trick" shareholders with a meaningless 4TH. Hey, you keep telling the truth to people, I'm telling the teacher on you! If it's cheaper/faster/more sustainable to go straight to 28nm then why are there currently no 28nm ASICs and why is the most successful ASIC company using 130nm ASICs? At some point, you've got to realise that what you are saying is simply nonsense that you made up which has no evidence whatsoever to back it up. If LC are trying to "trick shareholders" with a "meaningless" 4 Th/s, then what the hell are ActM trying to do with their miraculous 430 GH/s? LC will have 50 Th/s online before ActM even gets its sample chips. It'll have rolled out he 65nm chips by the time ActM get to the mass production stage.
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crumbs
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September 02, 2013, 12:27:48 PM |
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Still best company to invest in.
ActM have 430 Gh/s online. In the next week, Labcoin will be bringing 10x that hashing power online. Over the next 2 weeks, ActM's price is going to drop to about 0.001 BTC and stagnate there till November when they bring some hashing power online based on their sample chips. Until then, they're stuck with the 430 Gh/s they currently have. So yeah, now is an excellent time to invest in this company, honest! Perhaps one of you lunatics can explain something? Why do you think ActM is worth more than 0.001 BTC while LC is worth less than 0.01 BTC and will have 10x the hashing power within the next week? You keep repeating the same shit, first off I'm going to report this to the moderators for spam since you have stated this same thing 8 times. Second off, no one is buying Shares of ActM for their current hashrate, the price of shares does not reflect that. If you want to go buy shares based on current hashrate go buy Lab Rat Mining shares. The shares are valued at potential of the company. obviously we value ActM's potential a lot more than Labcoins. It's fairly Obvious Labcoin is needlessly spending money on old technology to try to trick shareholders into thinking they will be able have sustainable hashrate by going to 130 to 55 to 28 or whatever their plan is. It's cheaper/faster/more sustainable to go right to 28nm and have not "trick" shareholders with a meaningless 4TH. Lolz. Why, exactly, does ActM have "potential," and how does one go about evaluating this potential? From reading Ken's first post in this thread: "ActiveMining is a virtual identity totally owned by the Active Mining Corporation (Belize) that represents both itself and its profits. ActiveMining's business includes cryptocoin mining and sales of self-built ASIC devices through its wholly owned subsidiary Virtual Mining Corporation (VMC)."So, let's see... Cryptocoin mining: Promised: "In total, around 6,377 GH/s, expected to be fully operational in the middle of August." Delivered: 430 GH/s, a lulzy fraction. Self-built ASIC devices: None. There is an NDA with eAsic, beyond this we know nothing. Not even whether any money has changed hands. Corporate assets: Probably. No figures are available. Management Team: Ken's family. Qualifications: Last name " Slaughter." What ROI is a rational investor to expect from this venture: 
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deizel
Member

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Activity: 114
Merit: 10
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September 02, 2013, 12:31:32 PM |
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.. by the time ActM get to the mass production stage
.. ActM will have monthly profits (from mining + hardware) approaching BTC50K/mo and everyone who bought at IPO prices will have broken even on dividends alone.
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Mabsark
Legendary
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Activity: 826
Merit: 1004
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September 02, 2013, 12:41:49 PM |
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.. by the time ActM get to the mass production stage
.. ActM will have monthly profits (from mining + hardware) approaching BTC50K/mo and everyone who bought under 0.004 will have broken even. Without the ability to mass produce hardware due to not having the ASICs? I seriously doubt it. Between now and November, ActM will be paying dividends from 430 Gh/s. That'll fall from the 220 Satoshis it's currently at to a few tens of Satoshis by November when they get their samples. Low volume production wont start till around December and normal volume production won't start till around February. That's based on Ken's own estimates, which is likely based on info provided directly by eASIC. So, where are you expecting this 50K to come from and in when are you expecting it?
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deizel
Member

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Activity: 114
Merit: 10
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September 02, 2013, 12:47:49 PM |
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So, where are you expecting this 50K to come from and in when are you expecting it?
75% of the 50K comes from hardware sales. The Avalons we didn't receive are a drop in the ocean. Would they have even made ROI? Some/all of the refund money may still come as dividends, though many suggest we reinvest it instead. 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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Vbs
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September 02, 2013, 12:49:46 PM |
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Perhaps one of you lunatics can explain something? Why do you think ActM is worth more than 0.001 BTC while LC is worth less than 0.01 BTC and will have 10x the hashing power within the next week?
Because hashing power means crap in a scenario where diff rises at ~1.7%/day, like we have currently. In 60 days LC's hashrate will be worth ~1/(1.017^60) = ~36% of what it's worth today. Chip sales revenue will beat any of that, especially efficient 28nm chips.
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Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
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September 02, 2013, 12:58:51 PM |
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So, where are you expecting this 50K to come from and in when are you expecting it?
75% of the 50K comes from hardware sales. The Avalons we didn't receive are a drop in the ocean. Would they have even made ROI? Some/all of the refund money may still come as dividends, though many suggest we reinvest it instead. 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
I'm not talking about Avalon chips, I'm talking about the 28nm chips. Samples from them will arrive around the beginning of November. Low volume production will start around the beginning of December and normal volume production will start around the beginning of February. Until ActM get those samples in November, they're stuck at 430 Gh/s and have no mining hardware to sell apart from the 6 Avalons producing that 430 Gh/s. So, where exactly is this 50K/month going to be coming from when they don't have any ASIC yet and won't have any significant quantity till December?
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Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
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September 02, 2013, 01:08:42 PM |
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Perhaps one of you lunatics can explain something? Why do you think ActM is worth more than 0.001 BTC while LC is worth less than 0.01 BTC and will have 10x the hashing power within the next week?
Because hashing power means crap in a scenario where diff rises at ~1.7%/day, like we have currently. In 60 days LC's hashrate will be worth ~1/(1.017^60) = ~36% of what it's worth today. Chip sales revenue will beat any of that, especially efficient 28nm chips. If hashing power means crap, then why are you investing in a company that produces hashing power? Why would people buy chips if hashing power means nothing? Also, in order to sell chips, you actually have to have chips to sell. So, how many chips do you think are likely to be had from the sample batch in November? How many from low volume production in December? Meanwhile LC will have been hashing with 4 TH/s from the 10th September at the latest and increasing that to 50 TH/s in October. You can mock that hashing power as being meaningless as much as you want, but it'll represent at least 5% of the network hash rate. If ActM had any chance of paying meaningful divs before December, you'd be singing a different tune.
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Vbs
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September 02, 2013, 01:09:39 PM |
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I'm not talking about Avalon chips, I'm talking about the 28nm chips. Samples from them will arrive around the beginning of November. Low volume production will start around the beginning of December and normal volume production will start around the beginning of February.
Until ActM get those samples in November, they're stuck at 430 Gh/s and have no mining hardware to sell apart from the 6 Avalons producing that 430 Gh/s. So, where exactly is this 50K/month going to be coming from when they don't have any ASIC yet and won't have any significant quantity till December?
No, you are just (wrongly) speculating on the dates. See post #2 on this thread.
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