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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread  (Read 479234 times)
shrodes
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September 13, 2013, 12:00:35 AM
 #6281

I only have one personal account on bitfunder which I use to trade in which I had before I started AMC/VMC.  I do have another account on bitfunder, but I have not made any trades for ActiveMining in that account.  When I said now above, I meant that I was in the process of purchasing shares, as you see from the listing of my account I had on 1.02 BTC which is from dividends.  I knew that I did not have very much in that account, so I was going to put some BTC into that account and purchase some shares.  I seen the post about not caring about the share price or having any shares and that is when I made that post.

I'm glad you have and are acquiring more shares of ACTM. It shows that you do have a stake in the share price. It's given me renewed confidence.

Just please, get some PR out to market! The world should know about this company!

I am working on hiring a PR firm.  Lot of things are going to be happening in the next few weeks and months.

Did I miss something, wasn't Streets 2.0 working as ActiveMining-PR account on here? Or is this something different?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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September 13, 2013, 12:10:44 AM
 #6282

^^ wondering the same
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September 13, 2013, 12:19:17 AM
 #6283

Just curious, what application do you use to create these graphics?

They're cool, I like this latest rendering the best. It doesn't strike me as a typical company logo, but still very very cool

Blender and LuxRender. Plus some photoshop for the flat versions.

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September 13, 2013, 12:26:29 AM
 #6284

Just curious, what application do you use to create these graphics?

They're cool, I like this latest rendering the best. It doesn't strike me as a typical company logo, but still very very cool

Blender and LuxRender. Plus some photoshop for the flat versions.

For banner and or splash imagery, these tools and styles are fine.  Logos need to be done in a vector program such as illustrator.  Bitmaps are always more trouble than they are worth in that regard.  With a vector image, you can resize it to a mere speck, or blow it up to the size of a building and it will not lose an ounce of quality.  With something like this, you would have to render it out each and every time (not optimal, considering that logos are constantly needing to be resized for the perspective mediums). 

Of course, I only do this for a living, so what would I know? Tongue

Was I helpful or insightful?  Feel free to say thanks! 1PuoasR1dYtNq9yYNJj9NreDAfLEzc3Vpe
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September 13, 2013, 12:28:25 AM
 #6285


Did I miss something, wasn't Streets 2.0 working as ActiveMining-PR account on here? Or is this something different?

Streets is unpaid, not a pro PR guy and has a full time job elsewhere. Ken is talking about hiring a pro to take over on PR.
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September 13, 2013, 12:29:37 AM
 #6286

Streets is unpaid, not a pro PR guy and has a full time job elsewhere. Ken is talking about hiring a pro to take over on PR.

Sounds like a good idea. I think it may be starting to dawn on companies just how important PR is in this space.
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September 13, 2013, 12:30:00 AM
 #6287


It never will be; however, when they release their products on their website, then we can talk about them.

Ken,  

Thanks for taking the time to answer some questions today. I know I feel more confident about the future of ActM and I'm sure others do too now that we have gotten some information from you. I know you are busy but maybe you can stop by the thread for a weekly visit to answer any questions.
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September 13, 2013, 12:53:10 AM
 #6288

For transparency I own 98,053 shares with an average price of ~.0034 BTC.
which I purchased with my own BTC.

In the future, I will announce on this thread my total number of shares owned
within 10 days after I purchase shares.

Ken, I would request that you disclose all trades within 48 hours. I realize that there is no requirement in the virtual security world, but it has a precedent and would make the rest of us much more comfortable.

"Form 4 is a United States SEC filing that relates to insider trading. Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the Securities Exchange Act of 1934 must file with the United States Securities and Exchange Commission a statement of ownership regarding such security. The initial filing is on Form 3 and changes are reported on Form 4.
...
A Form 4 must be filed before the end of the second business day following a change in ownership of securities or derivative securities (including the exercise or grant of stock options) for individuals subject to Section 16 of the Securities Exchange Act of 1934."

http://en.wikipedia.org/wiki/Form_4

coinfresh
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September 13, 2013, 01:12:28 AM
 #6289


Ken, I would request that you disclose all trades within 48 hours. I realize that there is no requirement in the virtual security world, but it has a precedent and would make the rest of us much more comfortable.

"Form 4 is a United States SEC filing that relates to insider trading. Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the Securities Exchange Act of 1934 must file with the United States Securities and Exchange Commission a statement of ownership regarding such security. The initial filing is on Form 3 and changes are reported on Form 4.
...
A Form 4 must be filed before the end of the second business day following a change in ownership of securities or derivative securities (including the exercise or grant of stock options) for individuals subject to Section 16 of the Securities Exchange Act of 1934."

http://en.wikipedia.org/wiki/Form_4

You guys knew, or should have known when you invested, that these securities are unregulated. What is to stop Ken from making another account that hasn't been disclosed and trading with that? You would never know. This is probably happening right now with other securities and you don't even know it. First you guys don't want any interaction from the SEC, now you want trades disclosed within 48 hours like its the SEC. It's an unregulated exchange. If you aren't comfortable with that, sell your shares and head to the NYSE.
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September 13, 2013, 01:19:50 AM
 #6290


You guys knew, or should have known when you invested, that these securities are unregulated. What is to stop Ken from making another account that hasn't been disclosed and trading with that? You would never know. This is probably happening right now with other securities and you don't even know it. First you guys don't want any interaction from the SEC, now you want trades disclosed within 48 hours like its the SEC. It's an unregulated exchange. If you aren't comfortable with that, sell your shares and head to the NYSE.

I am well aware of the lack of regulations and am only making a request, not a demand. I expect Ken to state his intentions of whether he'll comply with the request and then I'll have to trust that he'll keep his word. This is similar to how we all have to trust that Ken won't run away with the bitcoin we've provided him, that he won't spend the bitcoin on frivolous purchases, that he won't hire employees who will take a salary without contributing, etc.

I don't want or expect any interaction with the SEC, but I would like an open and honest disclosure of trades by the CEO. I believe that this only benefits Ken and us by providing a higher level of confidence in his leadership and faith in the company.

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September 13, 2013, 01:37:13 AM
Last edit: September 13, 2013, 02:03:37 AM by Ytterbium
 #6291

For banner and or splash imagery, these tools and styles are fine.  Logos need to be done in a vector program such as illustrator.  Bitmaps are always more trouble than they are worth in that regard.  With a vector image, you can resize it to a mere speck, or blow it up to the size of a building and it will not lose an ounce of quality.  With something like this, you would have to render it out each and every time (not optimal, considering that logos are constantly needing to be resized for the perspective mediums).  

Of course, I only do this for a living, so what would I know? Tongue

Wow, really?  It's not like I started with a 2D vector image as a basis for the 3D model or anything. Oh wait...



 Roll Eyes

Anyway, I'm was just doing this for fun - I don't actually expect them to use my logo idea, that's why they're bitmaps, and scaled down. If ActM wanted to use them I could certainly produce vector graphics versions, you just trace over the bitmaps by hand. It's not difficult, but it would be time consuming - these are quick sketches of an idea rendered in various styles.

Obviously I'm not going to spend hours and hours doing "spec" work for people who said he didn't even want suggested logos. I started these when people were talking about wanting a new logo, and I thought my new render looked cool, so I figured I'd share it.  The cell shaded ones are just to give examples of how you could use the design in various block color contexts.

Oh, and as far as the 2D logo, it was kind of "inspired" by the nasa 'worm' logo but a little more modern, with rounded corners and the curve between the v and the m:



It's not intended to be perfect, it was done extremely quickly, to convey the general idea of what I was thinking.

Anyway, looks cool in 3D:


Grin

zefyr0s
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September 13, 2013, 02:06:27 AM
 #6292

Certainly looks decent Ytt. Maybe mess around with the free space? Could do one where its cropped stylistically, and/or more realistic light positioning/take out light, leave its effect.
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September 13, 2013, 02:15:39 AM
 #6293

Certainly looks decent Ytt. Maybe mess around with the free space? Could do one where its cropped stylistically, and/or more realistic light positioning/take out light, leave its effect.

There are a ton of ways to vary the image, including changing the lighting, etc. Problem is with most overhead lighting you'd get lots of shadows (Unless you removed the ground).

Anyway, not really planning on spending any more free time on this for now unless someone wants to pay me for my time Grin

kslaughter (OP)
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September 13, 2013, 03:26:18 AM
 #6294


You guys knew, or should have known when you invested, that these securities are unregulated. What is to stop Ken from making another account that hasn't been disclosed and trading with that? You would never know. This is probably happening right now with other securities and you don't even know it. First you guys don't want any interaction from the SEC, now you want trades disclosed within 48 hours like its the SEC. It's an unregulated exchange. If you aren't comfortable with that, sell your shares and head to the NYSE.

I am well aware of the lack of regulations and am only making a request, not a demand. I expect Ken to state his intentions of whether he'll comply with the request and then I'll have to trust that he'll keep his word. This is similar to how we all have to trust that Ken won't run away with the bitcoin we've provided him, that he won't spend the bitcoin on frivolous purchases, that he won't hire employees who will take a salary without contributing, etc.

I don't want or expect any interaction with the SEC, but I would like an open and honest disclosure of trades by the CEO. I believe that this only benefits Ken and us by providing a higher level of confidence in his leadership and faith in the company.

Yes, I will post any trades that I make within 48 hours in this thread.
nickwen
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September 13, 2013, 03:27:46 AM
 #6295



only for fun
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September 13, 2013, 03:28:58 AM
 #6296

Those are the best logos yet, IMO
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September 13, 2013, 03:30:16 AM
 #6297



only for fun
Very nice.
canth
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September 13, 2013, 03:38:00 AM
 #6298


Yes, I will post any trades that I make within 48 hours in this thread.

Really appreciate it, Ken.

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September 13, 2013, 03:46:02 AM
 #6299

Those are the best logos yet, IMO

On par with hazy's, although there's something about his I like better... probably the font for VMC.

Nice job nickwen!

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September 13, 2013, 04:05:35 AM
 #6300

lol you guys think insider trading is unregulated here.


look, the SEC is going to stay away until people start losing money and complaining, when Ken disappears,etc. THATS WHEN all the past indescretions will be used against him, such as unregistered offering sale of securities, undisclosed insider trading, failure to file form 3, 4, 8k, 10k, 10Q etc etc

until then, just wait for the dividends and high margin machine sales
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