[ActiveMining] The Official Active Mining Discussion Thread

[thefunkybits]

http://vmctest.com

This should be the website. Good job lewicki

Agreed. This website is miles ahead of the old one

[WikileaksDude]

http://vmctest.com

This should be the website. Good job lewicki

Looks good. Thanks for the link.

We pushed as hard as we could for ken to adopt this

MUCH Better than what is currently up. Still could use a lot of improvement but at least with this design it is easy to change things up with not much work.

This seems great, still misses a lot of infomation, but look great!

Nice job lewicki

[somestranger]

I just sent Ken a PM urging him to adopt Lewicki's website design, and I hope others will follow suit. We did eventually convince him to merge AMC and VMC together, so maybe we can convince him of this also.

[somestranger]

I just sent Ken a PM urging him to adopt Lewicki's website design, and I hope others will follow suit. We did eventually convince him to merge AMC and VMC together, so maybe we can convince him of this also.

But that was before raising all the money, right?

Yes, but changing the website is a much smaller change than completely restructuring the company.

[drawingthesun]

If Ken does not adopt the better website design and logo then it shows how fucked up this all is and how useless ActiveMining is.

[kleeck]

What? You get tipped just because you did some webby visual stuff? You git! Taking all the credit!!!

Joking apart, I wish we could talk about and show everything we've done but we can't. However, at least you guys can see we really did have a web plan. In particular, we wanted to replace the store which we really don't like for numerous reasons, and the builder was a way of making it less complex at least. And we would have made bitcoin pricing and purchase obvious!

Don't hear me wrong guys! I appreciate everything you guys do. I know you are behind the scenes hashing out important issues (like the website/marketing/branding etc.) with Ken. I appreciate what ALL of you do.

Related question: Is there anyway to get more information, even if its just an outline of the meeting agendas, to the shareholders? Just to give us those warm and fuzzies and also to build up some trust in you Advisers? It might be beneficial to some of the skeptical shareholders to see what's on the agenda, who brought it up, etc. I don't know, just a thought.

Keep it up!

[WikileaksDude]

What? You get tipped just because you did some webby visual stuff? You git! Taking all the credit!!!

Joking apart, I wish we could talk about and show everything we've done but we can't. However, at least you guys can see we really did have a web plan. In particular, we wanted to replace the store which we really don't like for numerous reasons, and the builder was a way of making it less complex at least. And we would have made bitcoin pricing and purchase obvious!

Don't hear me wrong guys! I appreciate everything you guys do. I know you are behind the scenes hashing out important issues (like the website/marketing/branding etc.) with Ken. I appreciate what ALL of you do.

Related question: Is there anyway to get more information, even if its just an outline of the meeting agendas, to the shareholders? Just to give us those warm and fuzzies and also to build up some trust in you Advisers? It might be beneficial to some of the skeptical shareholders to see what's on the agenda, who brought it up, etc. I don't know, just a thought.

Keep it up!

kleeck, hopefully we will get good news for christmas lol

[kleeck]

What? You get tipped just because you did some webby visual stuff? You git! Taking all the credit!!!

Joking apart, I wish we could talk about and show everything we've done but we can't. However, at least you guys can see we really did have a web plan. In particular, we wanted to replace the store which we really don't like for numerous reasons, and the builder was a way of making it less complex at least. And we would have made bitcoin pricing and purchase obvious!

Don't hear me wrong guys! I appreciate everything you guys do. I know you are behind the scenes hashing out important issues (like the website/marketing/branding etc.) with Ken. I appreciate what ALL of you do.

Related question: Is there anyway to get more information, even if its just an outline of the meeting agendas, to the shareholders? Just to give us those warm and fuzzies and also to build up some trust in you Advisers? It might be beneficial to some of the skeptical shareholders to see what's on the agenda, who brought it up, etc. I don't know, just a thought.

Keep it up!

kleeck, hopefully we will get good news for christmas lol

We will have good news long before Christmas. 

[drawingthesun]

We will have good news long before Christmas. 

Is this sarcasm? Or do you really think the shares will recover because I am freaking out a lot about this company.

[kleeck]

Add $/GH to the items in the store Lewicki. A lot of people look at that (I know the pricing will be painfully obvious that it isn't competitive right now) but hopefully that will persuade Ken to also reduce the price and round the numbers for easy math.

K.I.S.S!
"Keep it simple stupid!"

+1

Pricing need to be competitive. I have no doubt that Ken knows this.

We will have good news long before Christmas. 

Is this sarcasm? Or do you really think the shares will recover because I am freaking out a lot about this company.

I am not joking.

[drawingthesun]

Thanks.

[zefyr0s]

Well, the new design better blow that one out of the water lewicki..

How funny it would be if ActM releases on time, price is super profitable and there's a lot attention on the company, but no-one buys anything because the quality of the website doesn't match the quality of the product.

[drawingthesun]

We will have good news long before Christmas.  

Is this sarcasm? Or do you really think the shares will recover because I am freaking out a lot about this company.

I am not joking.

Prove it.

Normally you seem reasonable but isn't that a bit harsh?

I would consider ActiveMining successful if they paid 30% a year in dividends (granted I paid too much for mine)

If we assume a share price of 0.005 and 30% a year then by March you would expect 5 months of hashing with the eAsic chips. This equals a dividend of 0.0015 per year or about 0.000615 by March.

0.003 by March would be 0.0073 per year in dividends and that would equal 146% per year at a share price of 0.005

So I think that bet is a little unrealistic.

Also if they paid 0.0073 a year in dividends we would expect the shares to be at least 0.02 in price.

EDIT: Just so its clear I don't think 0.0073 a year in dividends is going to happen and I don't think the price will ever get past 0.01. I am just trying to show how the bitbet is a little far fetched.

[Ytterbium]

http://vmctest.com

DO NOT PLACE ORDERS

Few notes:
-The support page is laid out but inoperative.
-Ordering through Coinbase does work.
-Pricing is not indicative of current prices.
-Footer is not fleshed out.
-Emails come through with HTML, since an SMTP mail server was not hooked up to it.

Built it in 3 weeks while home from work staying up to 4 am most nights.

Fully AJAX (quick loads, no page refreshes)

Looks nice, especially for $0

If Ken does not adopt the better website design and logo then it shows how fucked up this all is and how useless ActiveMining is.

No kidding. Being a successful CEO means delegating stuff to other people when you're not very good at it yourself.  I understand wanting to be frugal and not waste shareholder money on graphic designers or backend coding when you have stuff that works, but if you're planning on selling units good website design will be helpful, especially when you have people who can do good working willing to volunteer their time.

[drawingthesun]

http://vmctest.com

DO NOT PLACE ORDERS

Few notes:
-The support page is laid out but inoperative.
-Ordering through Coinbase does work.
-Pricing is not indicative of current prices.
-Footer is not fleshed out.
-Emails come through with HTML, since an SMTP mail server was not hooked up to it.

Built it in 3 weeks while home from work staying up to 4 am most nights.

Fully AJAX (quick loads, no page refreshes)

Looks nice, especially for $0

Now the desperate shareholders are freely creating sites and graphics because the ActiveMining team is too inept (did you see that bitcoin mining picture a few pages back)

This is so sad I don't understand how ken can do this to us.

This site is nice, please buy it off him ken.

(Don't worry I am a desperate shareholder too)

[WildFire.ca]

http://vmctest.com
DO NOT PLACE ORDERS

Nice work that looks great.

[shrodes]

http://vmctest.com
DO NOT PLACE ORDERS

Nice work that looks great.

I agree with this and other posters' sentiments... this should definitely be the new website.

[SoylentCreek]

I just PM'ed the following to Ken, and if you share my sentiments, I hope that you do the same.  We're talking about a company that the community helped completely turn around.  I see no reason, that we can not be vocal enough to make this happen.  Fingers crossed.

Ken,

We've spoken a time or two in the past, and I have been with you since AMC had lift off.  Before I go on, I should say that I have nearly a decades worth of experience in design and marketing.  I am writing you in the hope that you would reconsider your position on the matter of the VMC logo and website.  As of this moment, two board members have presented two separate options that work beautifully with one another to help solidify your company's image. 

The first comes from user hazryder, in the form of a beautiful, modern looking logo that helps implant the thought of, "This company has really taken it's time to focus on their branding.  Maybe I should consider buying hardware from them."  To be as polite as possible, while also being blunt, hazryder's logo is far superior to the one that you are currently operating under, which looks incredibly dated from a design standpoint.

Moving on, we have lewicky, who has worked diligently to build a fantastic looking website, that not only looks great, but is also fast, simple and professional.  I will be 100% honest, I do not hate the current VMC website.  I think that it serves it's purpose, and looks moderately clean.  I am however, strongly against the decision to implement very campy artwork, such as this one directly on the front page.



Again, not to sound incredibly rude, but when I see this, the message to me is that this is a company that is being run by a guy living out of his mom's basement, who just pirated his first copy of photoshop.  In no way do I get the vibe that this is a professional company, that could potentially be worth millions. 

I sincerely hope that you will reconsider your decision, and at least focus test with the various options.  At the end of the day, it comes down to the market's decision on whether a company succeeds or not.  And right now, I feel that VMC is in need of a major marketing overhaul.  Branding and marketing is just as critical to a company as operating efficiency.  It is for this reason that Hollywood invests just as much if not more on prints and advertising as a film's production budget for every blockbuster that they make.  Word of mouth is great, but bums in seats are much better.  In the case of VMC, we might be able to fill a demand for chips and hardware for early adopters desperate for 28nm tech, but once that market has dried up (and trust me, it will), casual miners will be the ones who will determine who comes out ahead.  The thing about the casual market, is that they do not focus all of their attention on raw specs.  Instead, they typically turn to whomever is wrapped in the prettiest package.  You can look at Apple if you feel there is any question to that logic.

Thank you for your time.

[drawingthesun]

Normally you seem reasonable but isn't that a bit harsh?

The dividends has to be at least the IPO price, otherwise it could be simply be paid out of shareholders money (even then, an falling BTC/USD could create inflated divs). Considering the discussion on the Avalon refund, it is actually likely.
A bet on share price is also very hard too, because only a few shares are traded; the big investors can't all sell their shares.

It's based on history of previous securities, and the fact that in the contract there is "The first 10,000,000 ActiveMining shares have the privilege of getting all profits until BTC0.0025/share is paid, starting from the day when dividends begin to be paid."

What was the IPO for ActiveMining, I can't find it anywhere.

I thought that the IPO was 0.0025 in which case 0.003 by march marks over 200% per year returns on IPO.

If the IPO was 0.0025 and then we can expect 100% return in 3 years. Thats a good investment.

I am wrong if the IPO was a lot higher than 0.0025

[dhenson]

Normally you seem reasonable but isn't that a bit harsh?

The dividends has to be at least the IPO price, otherwise it could be simply be paid out of shareholders money (even then, an falling BTC/USD could create inflated divs). Considering the discussion on the Avalon refund, it is actually likely.
A bet on share price is also very hard too, because only a few shares are traded; the big investors can't all sell their shares.

It's based on history of previous securities, and the fact that in the contract there is "The first 10,000,000 ActiveMining shares have the privilege of getting all profits until BTC0.0025/share is paid, starting from the day when dividends begin to be paid."

What was the IPO for ActiveMining, I can't find it anywhere.

I thought that the IPO was 0.0025 in which case 0.003 by march marks over 200% per year returns on IPO.

If the IPO was 0.0025 and then we can expect 100% return in 3 years. Thats a good investment.

I am wrong if the IPO was a lot higher than 0.0025

The original IPO was on bitfunder under the name AMC.  It was for .0005 (yes that was three zero's).