[ActiveMining] The Official Active Mining Discussion Thread

[iCEBREAKER]

wow... come back from a great week on vacay to find this whole thing has turned into a piece of shit.

oh well. picked the wrong horse again.

I warned you to get out before it was too late, but you choose to shoot/ignore the messenger.  (How's that working out for you?)   
      

So enjoy your staggering, easily avoided, greed-induced losses.

Maybe next time you'll get a clue and ALWAYS BET ON iCE...

In all honesty, a bullet straight in the head sounds like a safer bet.

Aww poor Bargraphics.     Did mean old iCEBREAKER hurt your little feelings by rubbing your stupid face in the nasty pile of fail you crapped on the floor?   

[WikileaksDude]

Please guys don't quote iCEBREAKER , i have him on ignore list.

[knybe]

nUTBREAKER go ahead and eat your bowl of dicks please. I don't even see your posts as most people in here.

[Mabsark]

wow... come back from a great week on vacay to find this whole thing has turned into a piece of shit.

oh well. picked the wrong horse again.

You sure did, Speculating is for the Labcoin thread

I thought a press release from eASIC was a good thing? looks to me like it killed it.


Can anyone give me a short & sweet TL;DR of what the fuck happened?

ActM announced they would have nothing till mid-November. The result was obvious.

[iCEBREAKER]

nUTBREAKER go ahead and eat your bowl of dicks please. I don't even see your posts as most people in here.

Too bad you didn't see my posts warning you to GTFO ACTM.   

How much did that avoidable mistake cost you?  Bragraphics lost a small forture, like 700 BTC IIRC.   

Of course a peasant like yourself probably has no significant holdings, and you're mad because the two shares you own can't be flipped for more than 0.003!   

[iCEBREAKER]

Actually I didn't "lose" anything lol. That Picture I put up was of an initial investment of 175 BTC back in April of various securities.

Estimated BTC on Bitfunder doesn't mean anything. I have too many shares to sell at once without making the price drop very far. I'm in it til we have Chips and will re-evaluate once we are there.

I do appreciate you worrying about me though

PS: Even currently with this rock bottom price that is listed, I'm not even "Down" 1/2 of what you claimed lol. You can't win vs facts.

I know you, having drank deeply of the Ken-flavored Kool-Aid and eagerly anticipating ever-receding dividends, won't sell anytime soon.

Obviously I was talking about paper losses.

Here Mr. Noobvestor, LMGTFY:

http://www.investopedia.com/terms/p/paperprofitorloss.asp

Definition of 'Paper Profit (Paper Loss)'
Unrealized capital gain (or capital loss) in an investment. It is calculated by comparing the market price of a security to the original purchase price. Gains or losses only become realized when the security is sold.

[iCEBREAKER]

All my shares are from 0.0008, and like even now it is below 1/2 of what you "Estimated" lol. I don't invest with pixie dust numbers the way you apparently do

How nice for you! 

I'm glad to have realized massive actual (IE non-paper) gains on the ~50k AMC I got for ~0.0005.

Selling those for 0.0045 provided the funds to be first in line for Ice.Drill.   

Good luck with your silly garage-based shell corporation and their little upcoming ASIC-SX.   

[iCEBREAKER]

It must upset you greatly that i am unaffected by your words Enjoy your night iCEpop.

Actually, it's much more fun to banter with a rational person like you or Vbs than moonbat lunatics like stuart/volcanic/sumzero!

Let's see how "unaffected" you are when ACTM fails to generate positive ROI.  

everyone, please pay attention:

"The Baby Jet motherboard has room for an additional GN chip.**"

this applies to the Batch 1 units as well.

This "extra expansion room" feature is very much needed to ensure longer product life.  

Will ACTM machines (Gold/Silver/Tin/Lead/Etc) have an upgrade slot?

HashFast has launched sales of it's second production batch. We are now selling our commercial grade unit, the Sierra, which contains 3 Golden Nonce (GN) ASICs, and all Baby Jet and Sierra machines can now be purchased with or without the Miner Protection Program™.

John
HashFast.com

The Miner Protection Program™ is a great option for HashFast customers worried about the exploding difficulty rate!

Will Activemining have any such insurance available, or will they be left holding the bag when their 20GH chips don't cut it?

[somestranger]

Will ACTM machines (Gold/Silver/Tin/Lead/Etc) have an upgrade slot?

Wow, really? One box can fit up to 6 x 256GH/s modules for a total of 1.536TH/s in one box, and you can connect 23 additional fully loaded boxes for a total of 24.576TH/s.

[iCEBREAKER]

Even if ActM went to zero and I literally could not scrape a mBTC out of it, my Portfolio as a whole would not go negative. I surely hope I do make a little bit of profit out of this bitcoin experiment, but it won't be ActM breaking me that's for sure.

Now that's what I call 'managing expectations.'

Lower the bar to the ground, then be impressed when ACTM makes "a little bit of profit."

If it goes to zero, no biggie!  That's just how losers roll.   

Who wants to stress about maximizing profit anyway, when they could just be happily resigned to little or zero ROI?   

[coinfresh]

icebreaker, hows that 6.25mil share wall on icedrill?

icedrill's goin nowhere, just like you. 'nuff said.

[iCEBREAKER]

icebreaker, hows that 6.25mil share wall on icedrill?

icedrill's goin nowhere, just like you. 'nuff said.

IceDrill is fully funded for ~250TH.  If the 6.25M extra shares sell, that's just delicious cherry icing on the 500TH vanilla cake of profit.

If they don't, they will be taken off the market and I'll have less competition should I decide to sell.

When I get more BTC to invest, I'll buy IceDrill shares for less than IPO all day long.   

[dhenson]

icebreaker, hows that 6.25mil share wall on icedrill?

icedrill's goin nowhere, just like you. 'nuff said.

IceDrill is fully funded for ~250TH.  If the 6.25M extra shares sell, that's just delicious cherry icing on the 500TH vanilla cake of profit.

If they don't, they will be taken off the market and I'll have less competition should I decide to sell.

When I get more BTC to invest, I'll buy IceDrill shares for less than IPO all day long.   

[Ytterbium]

Is IceDrill even trading on BTCT yet?  All I see is this - the proposal that got voted down.

[knybe]

What's the word from Ken or ActiveMining-PR or Vbs or all the previously bullish and vocal supporters of ACTM?

Is this a done deal?

Everyone got their cheese and now shop closed?

besides the usual pump&dumpers polluting the thread, it's fucking crickets in here.

[SoylentCreek]

What's the word from Ken or ActiveMining-PR or Vbs or all the previously bullish and vocal supporters of ACTM?

Is this a done deal?

Everyone got their cheese and now shop closed?

besides the usual pump&dumpers polluting the thread, it's fucking crickets in here.

The eASIC press release got people excited, and alleviated some of that buying pressure.  Unfortunately (for some) the price grew too quickly, and many shareholders opted to dump for profit.  We're now back to the faze where trolls and FUDsters are back with a rather successful attempt to drive the price down as low as they can so they can scoop up as many shares before ActM starts hashing in November.  There has been no official word as of yet from Ken, and to be honest, why should there be?  No one is forcing anyone to hold ActM. If you want a good shot at short term dividends, liquidate your ActM and buy in to Labcoin (Full Disclosure: I own Labcoin).  I personally am holding much more in ActM at the moment.  I have said from the beginning, that I will hold ActM until the hashing begins, and then see where it goes from there, and the truth is, there is a strong chance that hashing will commence within 8-12 weeks; at which point, things could potentially go thermonuclear.

[SoylentCreek]

We're now back to the faze where trolls and FUDsters are back with a rather successful attempt to drive the price down as low as they can so they can scoop up as many shares before ActM starts hashing in November.

You have to stop deluding yourself at some point. People who say it is a bad investment aren't all liars. As for myself, I can now prove I sincerely think it is a bad investment and I don't want your "cheap shares".

To the first point, someone cannot lie with an opinion.  Not a single person here "knows" whether this is a good investment or not.  My money is that it is.  What people can do however, is lie as to whether they are investing.  To be honest, I do not care whether you are holding or not. My money is that you are, along with everyone else in here, but again, I do not care.  I can assure you though, the FUDsters like Ice and Crumbs certainly are.  They show up, flood the forum with countless posts with little substance as the price is dropping, yet go dark when the price spikes (because they are watching the tickers for the perfect time to dump). 

Assuming you are being honest, the only reason that you are here is because you "[E]njoy mocking stupid people."  In this case, you are simply here for the lolz and anyone would be simply foolish to take your opinion beyond that of a grain of salt.  Nonetheless, this is a free market.  If you want to invest, do so; if not, don't.  Makes no difference to me.

[drawingthesun]

I haven't been able to follow exactly everything that has been going on.

Whats the negative points for ActiveMining? They are using eAsic which is a well established company that generates different types of asic on a daily basis, their foundry is Fujitsu.

What exactly is bad about the company so far?

[wonker]

I haven't been able to follow exactly everything that has been going on.

Whats the negative points for ActiveMining? They are using eAsic which is a well established company that generates different types of asic on a daily basis, their foundry is Fujitsu.

What exactly is bad about the company so far?

Some investors and forum users...

[dhenson]

I haven't been able to follow exactly everything that has been going on.

Whats the negative points for ActiveMining? They are using eAsic which is a well established company that generates different types of asic on a daily basis, their foundry is Fujitsu.

What exactly is bad about the company so far?

The issue isn't that they are a bad company... It's the timing.

They won't have their chips for another 45-60 days.  They way this market works, they will probably lose half of their value by then.  There really is no buying pressure so every time someone decides to dump shares and get out, the price stays down.