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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread  (Read 479325 times)
adub
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August 13, 2013, 02:30:20 PM
 #3721

The guy that just posted fake news should seriously be banned.

Do you realize someone could of bought a million shares expecting them to have prototypes this week, only to learn later that the post was fake?

Someone could of lost a lot of money because of your stupid joke. I hope you're happy with yourself...

PS: I hardly ever call someone out like this on the forums, but this is just plain wrong.

Seriously, if you buy a million shares because of some claims done by a random person on a forum (not directly affiliated with ACTM at all), you display such poor judgement that you deserve to lose money.

It was a bad joke, and that's all.

Apparently someone did purchase 12k shares right after the joke post. It may or may not have been related. The fact is I'm not coming here for entertainment purposes. This is serious shit and any FUD, trollbox, bickering or joke posts can seriously affect this delicate and fickle market.

At the same time, that buyer, if he did buy b/c of the "news" took a risk by not waiting to get the official word. Wait for the news, or risk it and beat the potential surge of buys.

He chose poorly.


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August 13, 2013, 02:34:40 PM
 #3722

The guy that just posted fake news should seriously be banned.

Do you realize someone could of bought a million shares expecting them to have prototypes this week, only to learn later that the post was fake?

Someone could of lost a lot of money because of your stupid joke. I hope you're happy with yourself...

PS: I hardly ever call someone out like this on the forums, but this is just plain wrong.

And I think that if some one buys a million shares after some random non-affiliated dude makes post should clearly pay for his stupidity.
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August 13, 2013, 02:38:38 PM
 #3723

The guy that just posted fake news should seriously be banned.

Do you realize someone could of bought a million shares expecting them to have prototypes this week, only to learn later that the post was fake?

Someone could of lost a lot of money because of your stupid joke. I hope you're happy with yourself...

PS: I hardly ever call someone out like this on the forums, but this is just plain wrong.

And I think that if some one buys a million shares after some random non-affiliated dude makes post should clearly pay for his stupidity.

Really? Nobody thinks that the stupidity of the joke post outweighs the stupidity of the large purchase?

Weather the joke meant to or not, it clearly affected someone's decisions and the market. To me it only looks like market manipulation thinly veiled as a joke.
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August 13, 2013, 02:40:56 PM
 #3724

Hello everyone,

I'm in with ActM but I've to say I've always been suspicious about Ken's reliability. That's why I've sent a lot of e-mails to eASIC to have a confirmation about a relationship between them and VMC, and few days ago I received a reply:



my question:
Quote
Dear eASIC,

The Virtual Mining Corporation and his CEO Kenneth Slaughter are claiming that are involved with you to develop a 28nm ASIC chip able to mine bitcoin, and it should be the actual state-of-art in the mining bitcoin field.

I know that these are probably reserved information, but I'd just like to know whether such a relationship exists to avoid scams and inferences about you and the VMC CEO.

the answer:
Quote
Hello

I can reveal that we have engaged in discussions with VMC, however those discussions are protected under NDA. Therefore for further details I would suggest you contact VMC directly

///Paul

I hope this is interesting for someone of you Wink
Stuartuk
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August 13, 2013, 02:43:38 PM
Last edit: August 13, 2013, 02:54:46 PM by Stuartuk
 #3725

2013-08-13 21:58:03   Market Buy   12000   ฿ 0.005992   ฿ 71.904

not to mention thousands of smaller ones with several in the 2000-3500 shares range

From what I can see this forum and btc-cc share the same time.

If that's correct then that 12k market buy on btc-ct was at 12:58 which is a full hour and 2mins after my parody news post and a full 30mins after my post saying it was a joke. So that makes it totally unrelated.

Only 4 trades on btc-tc taken inbetween my posts, as I said they totaled 100shares, and in the 30mins after my redaction a total of 200 shares bought over many small market buys.

= no effect.

Anyone can go here
https://btct.co/security/ACTIVEMINING
and here
https://bitfunder.com/asset/ActiveMining

and check it out themselves. Click on History
Stuartuk
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August 13, 2013, 02:44:41 PM
 #3726

Weather the joke meant to or not, it clearly affected someone's decisions and the market. To me it only looks like market manipulation thinly veiled as a joke.

Weather comes from the sky.

Please read my posts, no effect and no market manipulation.
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August 13, 2013, 02:48:39 PM
 #3727

What is ActiveMining's market cap?

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physalis
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August 13, 2013, 02:54:16 PM
 #3728

What is ActiveMining's market cap?

$423 Billion

Oh god, that was a joke, please stop buying! I wasn't serious, please forgive me. I'm so sorry!
Stuartuk
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August 13, 2013, 02:58:31 PM
 #3729

What is ActiveMining's market cap?

multiply average share price (over bitfunder and btc-ct) by number of shares (25mill).

0.005x25,000,000

roughly 125k BTC or 12MIll USD  
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August 13, 2013, 03:04:01 PM
 #3730

What is ActiveMining's market cap?

multiply average share price (over bitfunder and btc-ct) by number of shares (25mill).

0.005x25,000,000

roughly 125k BTC or 12MIll USD  

6.898.797 are issued on BF and 3.071.989 on BTC-TC. Freefloat would be very roughly 55k BTC.


Good work, Pompobit. Thanks for sharing!

Stuartuk
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August 13, 2013, 03:08:42 PM
 #3731

What is ActiveMining's market cap?

multiply average share price (over bitfunder and btc-ct) by number of shares (25mill).

0.005x25,000,000

roughly 125k BTC or 12MIll USD  

6.898.797 are issued on BF and 3.071.989 on BTC-TC. Freefloat would be very roughly 55k BTC.


Good work, Pompobit. Thanks for sharing!

Yep but 15Mill held by ACtM so I think these are used in the calculation too? They are not for sale so maybe not.
Stuartuk
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August 13, 2013, 03:10:00 PM
 #3732

I hope this is interesting for someone of you Wink

Yes, someone did exactly the same a while back and got the same message from eASIC, it is good you spent the time to do this reseach.
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August 13, 2013, 03:14:38 PM
 #3733


And I think that if some one buys a million shares after some random non-affiliated dude makes post should clearly pay for his stupidity.
I agree, I don't really follow these forums and a non-affiliated post certainly wouldn't get me to make a large purchase or sell. If someone did buy based on a rumor, it's their own fault if they get burned.

I basically buy shares when I've mined enough that I can afford them and they are at a good price, I'm in this for the long haul which may be a mistake as well but one I'll own up to if it turns out that way.
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August 13, 2013, 03:39:20 PM
 #3734

I think we should declare this month, International Waiting Month.

We got people waiting for a news or meaningful update re ACTM
We got people waiting for a news or meaningful update re Labcoin
We got people waiting on time critical Avalon chips
We got people waiting on Gox to return monies
We got people waiting to see where BTC/USD is actually heading
We got people waiting to see where certain authorities will focus on next

Theres a whole lot of waiting going on. While we wait......anyone know any jokes? Tongue
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August 13, 2013, 03:54:49 PM
 #3735

I think we should declare this month, International Waiting Month.

We got people waiting for a news or meaningful update re ACTM
We got people waiting for a news or meaningful update re Labcoin
We got people waiting on time critical Avalon chips
We got people waiting on Gox to return monies
We got people waiting to see where BTC/USD is actually heading
We got people waiting to see where certain authorities will focus on next

Theres a whole lot of waiting going on. While we wait......anyone know any jokes? Tongue

I thought mtgox money issues was solved Huh

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August 13, 2013, 04:02:48 PM
 #3736

I thought mtgox money issues was solved Huh

As far as I know, the Gox issue is still very real. I read something about transfer limits with the bank Gox is using being the culprit
Vbs
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August 13, 2013, 04:53:53 PM
 #3737

Hello everyone,

I'm in with ActM but I've to say I've always been suspicious about Ken's reliability. That's why I've sent a lot of e-mails to eASIC to have a confirmation about a relationship between them and VMC, and few days ago I received a reply:



my question:
Quote
Dear eASIC,

The Virtual Mining Corporation and his CEO Kenneth Slaughter are claiming that are involved with you to develop a 28nm ASIC chip able to mine bitcoin, and it should be the actual state-of-art in the mining bitcoin field.

I know that these are probably reserved information, but I'd just like to know whether such a relationship exists to avoid scams and inferences about you and the VMC CEO.

the answer:
Quote
Hello

I can reveal that we have engaged in discussions with VMC, however those discussions are protected under NDA. Therefore for further details I would suggest you contact VMC directly

///Paul

I hope this is interesting for someone of you Wink

You're late to that party! Grin

https://bitcointalk.org/index.php?topic=158806.msg2605456#msg2605456
Pompobit
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August 13, 2013, 05:02:56 PM
 #3738


I'm glad someone else got same informations, but I'm a bit paranoid and I prefer check for myself Wink
VolanicEruptor
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August 13, 2013, 05:36:07 PM
 #3739

do you think Ken would really use super special "glue" guns from tims hardware store?  No.. it's obviously a joke.  They are not building childrens crafts here..

if anyone was that gullible to fall for that, they shouldn't be investing bitcoins.  They should be focusing on their homework..

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August 13, 2013, 05:36:44 PM
 #3740


I'm glad someone else got same informations, but I'm a bit paranoid and I prefer check for myself Wink

Thnx for your messages anyway Wink
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