[ActiveMining] The Official Active Mining Discussion Thread

[ArcticWolf]

I'm sure I am a very tiny ripple in the pond that is ActiveMining, holding only a mere 11,498 shares (with 1500 BitFunder AMC shares waiting to be converted). I'm not a professional trader, and my only experience with shares is ASICMINER, which I knew nothing about and just bought in because I saw that share price creep upwards. I've officially pulled out of ASIC and gone 100% Into AM. I've never done so much research on a company as I have tonight (8 hours and going of just reading opinions and speculations) It's incredibly fascinating, and I really want to see this company succeed. The joy of being a part of something from the beginning is something I would be very proud of.

I just want to thank Ken, and all the logical posters on this thread who have provided a small time 'share dummy' with fantastic insight into the work that goes into companies such as this, as well as a passion and joy of being a shareholder, and not having the money at the forefront of my mind.

So again, Thank you Ken, and thank all the posters (more then I could start to name) for everything said in this thread. I'm going to continue to contribute every spare trading dime I have with AM in hopes that we all are part of an amazing company being built, and above all, thank you for the passion of it all, these last numerous hours have been spent reading this thread from front to back (and I'm only on page 60!) and it's been an awesome experience!  

Thanks guys!

A man of my own heart! I feel the same way about being part of this from the beginning, and seeing the hard work that Ken has poured into this, I have very high hopes for the future.

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[MrThePlague]

I'm sure I am a very tiny ripple in the pond that is ActiveMining, holding only a mere 11,498 shares (with 1500 BitFunder AMC shares waiting to be converted). I'm not a professional trader, and my only experience with shares is ASICMINER, which I knew nothing about and just bought in because I saw that share price creep upwards. I've officially pulled out of ASIC and gone 100% Into AM. I've never done so much research on a company as I have tonight (8 hours and going of just reading opinions and speculations) It's incredibly fascinating, and I really want to see this company succeed. The joy of being a part of something from the beginning is something I would be very proud of.

I just want to thank Ken, and all the logical posters on this thread who have provided a small time 'share dummy' with fantastic insight into the work that goes into companies such as this, as well as a passion and joy of being a shareholder, and not having the money at the forefront of my mind.

So again, Thank you Ken, and thank all the posters (more then I could start to name) for everything said in this thread. I'm going to continue to contribute every spare trading dime I have with AM in hopes that we all are part of an amazing company being built, and above all, thank you for the passion of it all, these last numerous hours have been spent reading this thread from front to back (and I'm only on page 60!) and it's been an awesome experience!  

Thanks guys!

A man of my own heart! I feel the same way about being part of this from the beginning, and seeing the hard work that Ken has poured into this, I have very high hopes for the future.

Absolutely! Financially I'm sure it would have been best to read this in full before buying shares (as the pages went deeper, I was cashing out of ASIC and going more into ActM, by page 45 or so ,I was all in!) as it seems some 0.0025 shares may hit the market soon (I paid a tad over that). But I don't even care at this point, I wouldn't sell my shares for anything right now in hopes to make a few hundred share turn around! I'm going to keep on contributing and holding, and hope one day I can have the pleasure of telling people I was there from the beginning to slowly help do my part in the creation of one of the biggest Bitcoin companies ever!

[E.Sam]

Absolutely! Financially I'm sure it would have been best to read this in full before buying shares (as the pages went deeper, I was cashing out of ASIC and going more into ActM, by page 45 or so ,I was all in!) as it seems some 0.0025 shares may hit the market soon (I paid a tad over that). But I don't even care at this point, I wouldn't sell my shares for anything right now in hopes to make a few hundred share turn around! I'm going to keep on contributing and holding, and hope one day I can have the pleasure of telling people I was there from the beginning to slowly help do my part in the creation of one of the biggest Bitcoin companies ever!

Well, I m not sure... I think that already happened and were all sold. This said, I m a bit confused - Ken stated he would release them in small chunks.
So is that it? are there more to be sold? if so at what price?

[MrThePlague]

Absolutely! Financially I'm sure it would have been best to read this in full before buying shares (as the pages went deeper, I was cashing out of ASIC and going more into ActM, by page 45 or so ,I was all in!) as it seems some 0.0025 shares may hit the market soon (I paid a tad over that). But I don't even care at this point, I wouldn't sell my shares for anything right now in hopes to make a few hundred share turn around! I'm going to keep on contributing and holding, and hope one day I can have the pleasure of telling people I was there from the beginning to slowly help do my part in the creation of one of the biggest Bitcoin companies ever!

Well, I m not sure... I think that already happened and were all sold. This said, I m a bit confused - Ken stated he would release them in small chunks.
So is that it? are there more to be sold? if so at what price?

I do leave my BitFunder window open all the time, and usually refresh to satisfy my ADD habits rather then see If I've made/lost money. But a refresh about 30 - 45 minutes ago I noticed my shares were worth around BTC2 or more less then they were a refresh prior. The Last Price was 0.0025. I clicked the asset and sure enough the lowest price I saw was 0.0027?? with the highest ask being 0.0026??. So not sure what that was about... 5 or so minutes later I refreshed again and it was back to 'normal'. Perhaps a small wall was released and ate up in the blink of an eye?

[ArcticWolf]

Absolutely! Financially I'm sure it would have been best to read this in full before buying shares (as the pages went deeper, I was cashing out of ASIC and going more into ActM, by page 45 or so ,I was all in!) as it seems some 0.0025 shares may hit the market soon (I paid a tad over that). But I don't even care at this point, I wouldn't sell my shares for anything right now in hopes to make a few hundred share turn around! I'm going to keep on contributing and holding, and hope one day I can have the pleasure of telling people I was there from the beginning to slowly help do my part in the creation of one of the biggest Bitcoin companies ever!

Well, I m not sure... I think that already happened and were all sold. This said, I m a bit confused - Ken stated he would release them in small chunks.
So is that it? are there more to be sold? if so at what price?

Ken already posted the shares at 0.0025

I will be posting 400,000 shares on BTC-TC @ .0025 and 100,000 shares on bitfunder @ .0025 sometime this weekend after the market has time to breath from the resent sales.

They got eaten up quickly. There shouldnt be anymore issued shares, unless Ken posts in the thread first

[ArcticWolf]

Absolutely! Financially I'm sure it would have been best to read this in full before buying shares (as the pages went deeper, I was cashing out of ASIC and going more into ActM, by page 45 or so ,I was all in!) as it seems some 0.0025 shares may hit the market soon (I paid a tad over that). But I don't even care at this point, I wouldn't sell my shares for anything right now in hopes to make a few hundred share turn around! I'm going to keep on contributing and holding, and hope one day I can have the pleasure of telling people I was there from the beginning to slowly help do my part in the creation of one of the biggest Bitcoin companies ever!

Well, I m not sure... I think that already happened and were all sold. This said, I m a bit confused - Ken stated he would release them in small chunks.
So is that it? are there more to be sold? if so at what price?

I do leave my BitFunder window open all the time, and usually refresh to satisfy my ADD habits rather then see If I've made/lost money. But a refresh about 30 - 45 minutes ago I noticed my shares were worth around BTC2 or more less then they were a refresh prior. The Last Price was 0.0025. I clicked the asset and sure enough the lowest price I saw was 0.0027?? with the highest ask being 0.0026??. So not sure what that was about... 5 or so minutes later I refreshed again and it was back to 'normal'. Perhaps a small wall was released and ate up in the blink of an eye?

I just checked on that, seems someone sold a whole bunch, down to 0.0025, then someone placed an ask at 0.00265 in the blink of an eye.

[drdanishkhan]

11498 shares and calling yourself a small fish eh 

[E.Sam]

@ArcticWolf Thanks for confirming this.

I just checked on that, seems someone sold a whole bunch, down to 0.0025, then someone placed an ask at 0.00265 in the blink of an eye.

Yes, I saw that as well. And then someone bought 1 share @ ฿0.00274700 just so to pimp the graph...

[MrThePlague]

11498 shares and calling yourself a small fish eh 

Is that a lot? I honestly had no idea  I hope I didn't come off sounding like a bragger. Just reading about million dollar goals and people with 6 figure shares, I figured my 31BTC (less then $3,000) was a tiny ripple in the ActM pond. Either way, happy to do my part!

[Stuartuk]

11498 shares and calling yourself a small fish eh 

Is that a lot? I honestly had no idea  I hope I didn't come off sounding like a bragger. Just reading about million dollar goals and people with 6 figure shares, I figured my 31BTC (less then $3,000) was a tiny ripple in the ActM pond. Either way, happy to do my part!

Most people don't have 3k in IBM never mind a tiny new start up. If this really takes off you want to watch your security and maybe close and open a new account here for anonymity.

[MrThePlague]

11498 shares and calling yourself a small fish eh 

Is that a lot? I honestly had no idea  I hope I didn't come off sounding like a bragger. Just reading about million dollar goals and people with 6 figure shares, I figured my 31BTC (less then $3,000) was a tiny ripple in the ActM pond. Either way, happy to do my part!

Most people don't have 3k in IBM never mind a tiny new start up. If this really takes off you want to watch your security and maybe close and open a new account here for anonymity.

I honestly had no idea. Thank you for the advice I really appreciate it

[identityunknown]

11498 shares and calling yourself a small fish eh 

Is that a lot? I honestly had no idea  I hope I didn't come off sounding like a bragger. Just reading about million dollar goals and people with 6 figure shares, I figured my 31BTC (less then $3,000) was a tiny ripple in the ActM pond. Either way, happy to do my part!

Most people don't have 3k in IBM never mind a tiny new start up. If this really takes off you want to watch your security and maybe close and open a new account here for anonymity.

I honestly had no idea. Thank you for the advice I really appreciate it

Congratulations, you own approximately 0.1% of the free float market cap, and almost 0.05% (1/2000) of the entire company.

[EskimoBob]

Can we reduce the number of open "Official" threads for ActiveMining? Or maybe rename so they reflect the content better?

1) [ActiveMining] The Official Active Mining Discussion Thread  - 68 pages
2) [AMC]-The Official Active Mining Cooperative Discussion - 162 pages
3) ActiveMining Overview and Speculation Thread  - 12 pages


Close down 1 or 2 and leave on for chit-chat and create one for official announcements/reports only and keep it closed for comments.
People can use the chit-chat thread for that.

Thank you.

I don't get you - two separate entities, two separate official threads. The third thread you quoted is not even official so where is the problem?

It started out as #2 and because contract changes, #1 was created. Do not worry about the third.

[EskimoBob]

....

https://bitfunder.com/asset/AMC#pane_profile
Asset Name AMC
Asset Issuer AMC
Shares Total  100,000,000
Shares Issued 8,886,710
Pays Dividends   Yes
Issuer may Increase Shares:   No
Issuer may Modify Description:   Option not set.


https://bitfunder.com/asset/ActiveMining
Asset Name    ActiveMining
Asset Issuer    AMC
Shares Total   25,000,000
Shares Issued    6,176,329
Pays Dividends   Yes
Issuer may Increase Shares:   Yes, with vote.
Issuer may Modify Description:   Yes, without vote.


https://btct.co/security/AMC-PT
Outstanding 2524534 / 5000000 Issued (changed by 2524534-2514108=10426)

6176329+2524534=8700863
....

kslaughter, what is the proper way to calculate the actual outstanding shares of ActiveMining from those numbers?

kslaughter, how did you resolve the management shares issue? Will those shares be held as treasury stock on btctc or for now or are you going to use some type of special accounts, that do not receive the dividends.

One more question. Why do you keep pushing shares to Bitfunder and not to btct.co, while it lacks useful and important functionality and has lower trading volumes.

https://bitfunder.com/asset/AMC#pane_profile
Asset Name   AMC
Asset Issuer   AMC
Shares Total   100,000,000
Shares Issued   7,886,710 (changed by 1 000 000 form 8886710 to 7,886,710)
Pays Dividends   Yes
Issuer may Increase Shares:   No
Issuer may Modify Description:   Option not set.

https://bitfunder.com/asset/ActiveMining
Asset Name   ActiveMining
Asset Issuer   AMC
Shares Total   25,000,000
Shares Issued   6,176,329
Pays Dividends   Yes
Issuer may Increase Shares:   Yes, with vote.
Issuer may Modify Description:   Yes, without vote.

https://btct.co/security/AMC-PT
Outstanding 2924534 / 5000000 Issued

[Subcide]

Hi all.  Been lurking and reading for a few weeks.  I just noticed ActiveMining on btct is up to 4 votes now.  Does anyone know what the approval process actually requires?  Is it time-based?

[lewicki]

Hi all.  Been lurking and reading for a few weeks.  I just noticed ActiveMining on btct is up to 4 votes now.  Does anyone know what the approval process actually requires?  Is it time-based?

5 Votes

[somestranger]

Hi all.  Been lurking and reading for a few weeks.  I just noticed ActiveMining on btct is up to 4 votes now.  Does anyone know what the approval process actually requires?  Is it time-based?

Five yes votes. I think funds have a month to be approved, otherwise they get locked.

[Subcide]

Great, thanks guys

[mobile]

I'm sure I am a very tiny ripple in the pond that is ActiveMining, holding only a mere 11,498 shares (with 1500 BitFunder AMC shares waiting to be converted). I'm not a professional trader, and my only experience with shares is ASICMINER, which I knew nothing about and just bought in because I saw that share price creep upwards. I've officially pulled out of ASIC and gone 100% Into AM. I've never done so much research on a company as I have tonight (8 hours and going of just reading opinions and speculations) It's incredibly fascinating, and I really want to see this company succeed. The joy of being a part of something from the beginning is something I would be very proud of.

I just want to thank Ken, and all the logical posters on this thread who have provided a small time 'share dummy' with fantastic insight into the work that goes into companies such as this, as well as a passion and joy of being a shareholder, and not having the money at the forefront of my mind.

So again, Thank you Ken, and thank all the posters (more then I could start to name) for everything said in this thread. I'm going to continue to contribute every spare trading dime I have with AM in hopes that we all are part of an amazing company being built, and above all, thank you for the passion of it all, these last numerous hours have been spent reading this thread from front to back (and I'm only on page 60!) and it's been an awesome experience!  

Thanks guys!

A man of my own heart! I feel the same way about being part of this from the beginning, and seeing the hard work that Ken has poured into this, I have very high hopes for the future.

+1
I can fully resonate with you guys (and many others) on that one!

[lewicki]

News: Ken is flying out to California this week to talk to eASIC. Also this week, we will be getting a finished prototype of the Avalon board around the 23rd from an engineering firm. This firm will also be building the entire device once the board is approved and the chips arrive.