[ActiveMining] The Official Active Mining Discussion Thread

[FloatesMcgoates]

I emailed their customer service, but NEVER got an reply back.

Me neither, and I have a BitFunder account that is effectively locked out of any in/out of bitcoins. Thankfully I never used it, and I will never ever use BitFunder.

I had an issue with Bitfunder, opened a support ticket and emailed them and got no replies.

Then I called them and their customer service people were actually pretty friendly and conversational, and managed to fix my problem then and there. In every case possible, try to contact them via phone rather than email. It puts them on the spot to fix whatever issue you have immediately.

[finlof]

the buy walls on bitfunder  at 0,0061   is pretty huge!

I've seen bigger (that's what she said)

[VolanicEruptor]

Despite the recent shit show, I am happy to still be a large shareholder.

Let me explain why it's not wise to dump shares (and why I choose not to either):

Right now we are waiting for Ken to wrap up his deal with eASIC and make the gradual payment in fiat (so as not to sacrifice the value of BTC).  There is no doubt that eASIC is a legitimate and successful company who will gladly accept a ~1 million dollar payment to do what they do best.  This anticipation of finalized agreement/payment will be referred to by me as "inevitably positive news".  I call it this because there are no valid conspiracy theories at the moment to disprove the legitimacy of these 2 companies and the deal they are making.  Both parties have shown to be so legitimate in fact that there is no doubt that a real deal is happening here.  Anybody who has gone to the effort of making the phone calls and doing their own due diligence complete with background checks knows this.  So let me say this again -- we are waiting for inevitably positive news.

Now, with inevitably positive news of this magnitude comes a very large increase in shareholder confidence once it happens, obviously.  
So if you sell, you are taking on a huge risk.  You are raking in short-term profits and expecting to pick up cheaper shares while the money train could take off at any moment.  Are you willing to part with your shares, knowing that this inevitable positive news could come out at any moment?  In this situation, holding onto your shares is the only rational thing to do.  

Just a warning.

Edit: Last price: .007692.  I will happily bump this post after the news release in celebration after this share price doubles/triples

[gog1]

the buy walls on bitfunder  at 0,0061   is pretty huge!

it was pushed up and then 26k shares, eaten up by people dumping.

[afrotec]

Despite the recent shit show, I am happy to still be a large shareholder.

Let me explain why it's not wise to dump shares (and why I choose not to either):

Right now we are waiting for Ken to wrap up his deal with eASIC and make the gradual payment in fiat (so as not to sacrifice the value of BTC).  There is no doubt that eASIC is a legitimate and successful company who will gladly accept a ~1 million dollar payment to do what they do best.  This anticipation of finalized agreement/payment will be referred to by me as "inevitably positive news".  I call it this because there are no valid conspiracy theories at the moment to disprove the legitimacy of these 2 companies and the deal they are making.  Both parties have shown to be so legitimate so much in fact that there is no doubt that a real deal is happening here.  Anybody who has gone to the effort of making the phone calls and doing their own due diligence complete with background checks knows this.  So let me say this again -- we are waiting for inevitably positive news.

Now, with inevitably positive news of this magnitude comes a very large increase in shareholder confidence once it happens, obviously.  
So if you sell, you are taking on a huge risk.  You are raking in short-term profits and expecting to pick up cheaper shares while the money train could take off at any moment.  Are you willing to part with your shares, knowing that this inevitable positive news could come out at any moment?  In this situation, holding onto your shares is the only rational thing to do.  

Just a warning.

Well said, VE. I agree, the eASIC news should be promising when it arrives. Every time I try and make short-term trades, I get shafted like a few others in this thread have today.

Glad to have stuck to my guns today.
 

[4ju5tice]

Am I calculating this right?

There are 2,000,000 S.Dice shares on bitfunder. Each one will get .00035/share?

That means 2,000,000*.00035=700

So let's say half of that goes to ACTM. That's 350.

That makes the price go up to .0075, assuming that no more sell orders are placed.

I believe in ACTM, and we'll get to the moon, but just like btc too fast too soon will only benefit speculators.

[afrotec]

So why again do people think that Labcoin and BitGarden is better than ActM?

Not necessarily better, but I'm sure many people are viewing these new securities as another shot to get in at the bottom and make some profits.

[Rozal]

How does one change withdraw address on BTCT?

[afrotec]

How does one change withdraw address on BTCT?

This is not the BTCT help thread...  

Go to Wallet , then bottom right corner you'll see "Set Withdraw Address"

I suggest you ask these questions elsewhere than the official discussion thread for a security.

Can one still send shares from BitFunder to BTCT? I am seeing conflicting messages in this thread.

While we have been told that shareholders can not currently transfer shares between exchanges, Ken has chosen to make an exception for user VolanicEruptor, who was able to transfer his shares from BF to BTCT by sweetening the deal with $5000 on top.

Maybe you'd like to try the same and let us know if this is infact the policy on transfers.

[VolanicEruptor]

How does one change withdraw address on BTCT?

You can't.  It's a security measure so that a hacker can't either.  
Make a new account, transfer shares.

[Elokane]

Can one still send shares from BitFunder to BTCT? I am seeing conflicting messages in this thread.

While we have been told that shareholders can not currently transfer shares between exchanges, Ken has chosen to make an exception for user VolanicEruptor, who was able to transfer his shares from BF to BTCT by sweetening the deal with $5000 on top.

Maybe you'd like to try the same and let us know if this is infact the policy on transfers.

Thanks.

Are there known plans to allow this?

[drdanishkhan]

You have to message Burnside via forum so that he can unlock your permanent sending address.. will take some time though.. check the support section on main page..

[afrotec]

How does one change withdraw address on BTCT?

You can't.  It's a security measure so that a hacker can't either.  
Make a new account, transfer shares.

Only if you've checked the box "Permanently lock this address to this account **"

I withdrew to several different addresses earlier, no problem

Are there known plans to allow this?

Not that I know of. You should direct this question to VE, as he has the inside scoop on transfer policies

[gog1]

Am I calculating this right?

There are 2,000,000 S.Dice shares on bitfunder. Each one will get .00035/share?

That means 2,000,000*.00035=700

So let's say half of that goes to ACTM. That's 350.

That makes the price go up to .0075, assuming that no more sell orders are placed.

I believe in ACTM, and we'll get to the moon, but just like btc too fast too soon will only benefit speculators.

There about only 900k shares of SDICE, but your buyout price is off by 10x, there's about 3200+ BTC

[dexX7]

How does one change withdraw address on BTCT?

You can't.  It's a security measure so that a hacker can't either.  
Make a new account, transfer shares.

That is only true, if you locked your withdrawal address which is not the default case!

Go to "Wallet" -> "Set Withdrawal Address" - Enter address -> "Update Address".

I suggest you don't create new accounts to transfer Bitcoin or shares out. Burnside addressed that some days ago and said this could lead to an automatic account freeze.

[Mabsark]

Has anybody had their shares back from Ken today? Just wondering if he's started yet.

[VolanicEruptor]

How does one change withdraw address on BTCT?

You can't.  It's a security measure so that a hacker can't either.  
Make a new account, transfer shares.

That is only true, if you locked your withdrawal address which is not the default case!

Go to "Wallet" -> "Set Withdrawal Address" - Enter address -> "Update Address".

I suggest you don't create new accounts to transfer Bitcoin or shares out. Burnside addressed that some days ago and said this could lead to an automatic account freeze.

Good thing you brought this up, I was planning on doing this!  

[freedomno1]

Read the bitfunder irc chat log.  I was bitching about them for awhile.  This should be valid proof of my motives.

Now that you have promised not to sell, you can enable your public portfolio in BTCT and link it for us.

ok, how?

Use the API
https://btct.co/api/act?key=
insert key
https://btct.co/account
Portfolio API URL:
Read-Only API Key:
Either one

Example of a public one here Sandstorm
https://bitcointalk.org/index.php?topic=222565.msg2340876#msg2340876
Cheers burnside, at last something constructive. Transparency may as well start now. This is my trading profile at btct.co:

https://btct.co/api/act?key=dee...

It's better to not give out your API key.  True, it's read-only, but it also grants access to the CSV's of your trade history.  (PM me if you want to change it now...)

The better way to do a public portfolio is to turn it on in the account settings.  Then on the main account page a new URL will show up that will give you your public portfolio link.

Cheers.

Burnside that wasn't my API key you should contact the owner of sandstorm

[Rawted]

Been almost 2 weeks since any official update. Share price has risen to as high as 4x IPO price during that time. Not a peep out of anyone 'in charge'. No updates at all. Not even a slight effort made to post up something bland on btct to satisfy onlookers. It's a good thing this has potential, because it's being run like a damn amateur shop.

I know, i know, a 'board' is being 'formed' as we speak.

Actions, they speak louder.

[navitatl]

Been almost 2 weeks since any official update. Share price has risen to as high as 4x IPO price during that time. Not a peep out of anyone 'in charge'. No updates at all. Not even a slight effort made to post up something bland on btct to satisfy onlookers. It's a good thing this has potential, because it's being run like a damn amateur shop.

I know, i know, a 'board' is being 'formed' as we speak.

Actions, they speak louder.

Seriously? The meeting with eAsic was less than a week ago. Cool it with your absurdly high expectations.