[ActiveMining] The Official Active Mining Discussion Thread

[Stuartuk]

BTCGarden wants 35% of the network. AM has at least 20%.
What's going to be left?
Also both BTCGarden and Labcoin seem to be at a more advanced stage of development and have more than ONE employee.


Wooops.

LOL how convenient for them.

The Labcoin site looks like a cheap scam setup (not saying it is just looks like it) and btcGarden claim there are going to have 35% of the network?!! Where do these fools come from? Do you think there is enough appetite for another 1M USD IPO? These people haven't got anything other than a few claims on a forum at the moment. They are months behind in terms of building confidence and attaining funding and will very very likely never get there. Ken has a successful IPO, full funding, a partnership with one of the fastest growing chip companies in the US (eASIC), he is paying dividends, hard hardware pre-orders paid for, and has been thoroughly checked out and verified by several sources. I know where my money is staying - with the company that are already more than halfway to delivering not some flight of fancy dreamed up in the past week. Ever heard of the term 'joining the bandwagon'?

A five year old could knock this page up in an hour, maybe less-
http://labcoin.com/

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[knybe]

VolcanicEruptor has been pretty quiet all of a sudden... why do I get the feeling that he made a huge profit.

[synapseattack]

BTCGarden and Labcoin

Labcoin looks nice even though they are still using 130nm chips. Their estimated cost/GH looks great. Since they aren't looking to update to current gen/next gen chips i find this to be realistic and possible.

BTCGarden on the other hand seems kinda expensive when it comes to cost/GH in the chips. Those kinda prices make the ROI slightly high for the end users. Also 130nm chips as well. Making it easier to get to market since it relatively common place right now.

At the cost/chip labcoin seems to be the competition here. However over the long term more and more people are going to want 28nm chips to save on electricity costs, specially as difficulty skyrockets as the network works it's way to 25k TH or more. First ones with the cheaper to run chips are a better investment, IMHO.

You may get a quicker buck day trading with Labcoin and BTCGarden for the next little while, but I don't it is a good enough reason to bail on ActM. I maybe buy some shares of the other two as well but I still see ActM as holding it's value after the initial panic selloff to buy the other two is over.

[4ju5tice]

BTCGarden wants 35% of the network. AM has at least 20%.
What's going to be left?
Also both BTCGarden and Labcoin seem to be at a more advanced stage of development and have more than ONE employee.


Wooops.

ActM has more than one employee. I believe it is 5 employees, not to mention the contracts with the engineering firm producing avalon clones and the contract in the works with the reputable chip manufacturer Easic. It's not just Ken behind this guys. There are real-world companies backing this up.

[abuelau]

Well, I am happy that the ActiveMining price has gone down now even if for a couple of hours. Thanks for this guys!

[knybe]

BTCGarden wants 35% of the network. AM has at least 20%.
What's going to be left?
Also both BTCGarden and Labcoin seem to be at a more advanced stage of development and have more than ONE employee.


Wooops.

LOL how convenient for them.

The Labcoin site looks like a cheap scam setup (not saying it is just looks like it) and btcGarden claim there are going to have 35% of the network?!! Where do these fools come from? Do you think there is enough appetite for another 1M USD IPO? These people haven't got anything other than a few claims on a forum at the moment. They are months behind in terms of building confidence and attaining funding and will very very likely never get there. Ken has a successful IPO, full funding, a partnership with one of the fastest growing chip companies in the US (eASIC), he is paying dividends, hard hardware pre-orders paid for, and has been thoroughly checked out and verified by several sources. I know where my money is staying - with the company that are already more than halfway to delivering not some flight of fancy dreamed up in the past week. Ever heard of the term 'joining the bandwagon'?

Quite frankly, I'm more than happy to see the fickle weak "short money makers" run off..

I have full faith in VMC and I'm in for the long haul.

I'm just gonna keep on gobbling up more ACTIVEMINING shares like a pacman.

The cheaper the better.

[synapseattack]

I'm just gonna keep on gobbling up more ACTIVEMINING shares like a pacman.

I now have a image of someone buying a share and then running around chasing a blue ghost.

[Rozal]

full funding

IIRC all shares aren't sold yet.

a partnership with one of the fastest growing chip companies in the US (eASIC)

He had a meeting.

Hey look, a little kid!

[Stuartuk]

Do you think there is enough appetite for another 1M USD IPO?

No idea honestly.

>>>>>>So you have no idea if these companies will ever have a successful IPO? OK, no problem. In that case a bad investment.

These people haven't got anything other than a few claims on a forum at the moment.

Actually they have more, they have been posting in the hardware development section for a while.
They have way more control over the technological side of things.

>>>>>>More control than eASIC? I really really don't think so.

They are months behind in terms of building confidence and attaining funding and will very very likely never get there.

Not sure how that's useful here.

>>>>>>No confidence = low shareholder take up = IPO fails to raise funds for chip production = bad investment.

Ken has a successful IPO

No, it was seriously fucked up.

>>>>>>It had hicups but as I said it is now complete and was successful - everyone is happy with big gains over IPO price.

full funding

IIRC all shares aren't sold yet.

>>>>>>100k left, (1%) of any significance? No.

a partnership with one of the fastest growing chip companies in the US (eASIC)

He had a meeting.
>>>>>>He's had a NDA for months and has just had a successful agreement and paid in full for eASIC to start production. (Not officially confirmed yet)

he is paying dividends

Insignificant dividends given the number of shares and their price.
>>>>>>He is delivering is the important bit there.

hard hardware pre-orders paid for

Not sure what this is providing, except liabilities.

>>>>>>Funding, a lot of funding.

[/quote]

[SoylentCreek]

BTCGarden wants 35% of the network. AM has at least 20%.
What's going to be left?
Also both BTCGarden and Labcoin seem to be at a more advanced stage of development and have more than ONE employee.


Wooops.

LOL how convenient for them.

The Labcoin site looks like a cheap scam setup (not saying it is just looks like it) and btcGarden claim there are going to have 35% of the network?!! Where do these fools come from? Do you think there is enough appetite for another 1M USD IPO? These people haven't got anything other than a few claims on a forum at the moment. They are months behind in terms of building confidence and attaining funding and will very very likely never get there. Ken has a successful IPO, full funding, a partnership with one of the fastest growing chip companies in the US (eASIC), he is paying dividends, hard hardware pre-orders paid for, and has been thoroughly checked out and verified by several sources. I know where my money is staying - with the company that are already more than halfway to delivering not some flight of fancy dreamed up in the past week. Ever heard of the term 'joining the bandwagon'?

Quite frankly, I'm more than happy to see the fickle weak "short money makers" run off..

I have full faith in VMC and I'm in for the long haul.

I'm just gonna keep on gobbling up more ACTIVEMINING shares like a pacman.

The cheaper the better.

Same here.  The people that are dumping now are completely unaware that the reason the price climbed as high as it did was user generated hype.  Wait until there is a press release from e-asic or Ken announces that the chips are going into production.  Oh well, more cheap shares for me.

[vlaoou321]

Waitting a press release from e-asic

[Stuartuk]

This sort of retracement move is very healthy for any stock after a short and sharp increase in value. It allows those who missed out in the original move a good entry price where they can see clear value above. In a few hours or days we will be back where we were.

[Pompobit]

it's official, I hate bitfunder

I was wrong, I really like bitfunder and his cheap shares 

[kleeck]

This sort of retracement move is very healthy for any stock after a short and sharp increase in value. It allows those who missed out in the original move a good entry price where they can see clear value above. In a few hours or days we will be back where we were.

I'd be surprised if we run all the way up to .009, but I can see low-mid .008. I'm currently waiting for Coinbase to drop my BTC onto the Blockchain...

Me want cheap shares.

[VolanicEruptor]

VolcanicEruptor has been pretty quiet all of a sudden... why do I get the feeling that he made a huge profit.

I'm making a huge profit by buying up cheap shares that you're all dropping right now.  Sorry, but you guys are irrational idiots and it's going to make me rich. 

[SoylentCreek]

This sort of retracement move is very healthy for any stock after a short and sharp increase in value. It allows those who missed out in the original move a good entry price where they can see clear value above. In a few hours or days we will be back where we were.

I'd be surprised if we run all the way up to .009, but I can see low-mid .008. I'm currently waiting for Coinbase to drop my BTC onto the Blockchain...

Me want cheap shares.

Waiting for 6 confirmations is killing me!  I've got a big appetite for ActiveM at the moment.

[Stuartuk]

>>>>>>More control than eASIC? I really really don't think so.
[/quote]
You're investing in a guy that has meetings with eASIC, not in eASIC.

#####Yes that's right investing in a guy who has eASIC working for him. eASIC are proven masters in their field and Ken has them on the payroll now. Good huh?

>>>>>>He is delivering is the important bit there.

What is he delivering?

#####That's really clear - he is delivering dividends and ergo is also delivering on his promises.

>>>>>>Funding, a lot of funding.

If you rely on that kind of funding then you are a ponzi.
[/quote]

#####You don't understand the first thing about Ponzi methodology if you think taking pre-order money is part of a ponzi. Maybe you should tell the global business community about your discovery?

Have to say you are getting silly now, maybe you should tootle off to the BTCGardeners thread and do a bit of digging there?

[synapseattack]

I'm making a huge profit by buying up cheap shares that you're all dropping right now.  Sorry, but you guys are irrational idiots and it's going to make me US rich. 

FTFY

[kleeck]

This sort of retracement move is very healthy for any stock after a short and sharp increase in value. It allows those who missed out in the original move a good entry price where they can see clear value above. In a few hours or days we will be back where we were.

I'd be surprised if we run all the way up to .009, but I can see low-mid .008. I'm currently waiting for Coinbase to drop my BTC onto the Blockchain...

Me want cheap shares.

Waiting for 6 confirmations is killing me!  I've got a big appetite for ActiveM at the moment.

Same here! I'm pissed at Coinbase at the moment. I can instantly convert my fiat to BTC but I can't get my coins move past "pending" within twenty minutes? C'MON, MAN! YOU'RE KILLING ME.

At this rate I'll miss the chance to scoop a nice take on the dip. :_(

[knybe]

VolcanicEruptor has been pretty quiet all of a sudden... why do I get the feeling that he made a huge profit.

I'm making a huge profit by buying up cheap shares that you're all dropping right now.  Sorry, but you guys are irrational idiots and it's going to make me rich. 

HEAR, HEAR!