[ActiveMining] The Official Active Mining Discussion Thread

[Stuartuk]

This is my last post till after the weekend as this is literally a trollfest. And paid for by the opposition it seems.

At the beginning of August btc was approx 100USD and ACtM shares were at .0050 (BF) giving a market cap (on 25mill shares) of 125,000 btc or 12.5Mill USD.
Today at the beginning of Sep btc is approx 145 and ACtM shares are at 0.0035 giving a market cap of 87,500 btc or 12.7MIll USD.

So there is no sell off, the equity value remains static. This is how free markets operate. If you look at the share price and ignore underlying value (ie btc) you are an idiot. Or a troll.

[AngelSky]

The price is going down too fast, i guess someone is going to buy-all.

done.

[crumbs]

This is my last post till after the weekend as this is literally a trollfest. And paid for by the opposition it seems.

At the beginning of August btc was approx 100USD and ACtM shares were at .0050 (BF) giving a market cap (on 25mill shares) of 125,000 btc or 12.5Mill USD.
Today at the beginning of Sep btc is approx 145 and ACtM shares are at 0.0035 giving a market cap of 87,500 btc or 12.7MIll USD.

So there is no sell off, the equity value remains static. This is how free markets operate. If you look at the share price and ignore underlying value (ie btc) you are an idiot. Or a troll.

Lolz.  That means all of the other stocks, the ones that are *not* tanking, are doing AWESOME!  
Active Miner was funded in BTC.  Its BTC value is tanking.  What part does the dollar value of BTC play here?

[Stuartuk]

Lolz.  That means all of the other stocks, the ones that are *not* tanking, are doing AWESOME!  

Like AM-PT down 50% over the same period? lol yes.

No it means there is no sell off, that's the point I'm making. Read it again - a bit slower.

[crumbs]

Lolz.  That means all of the other stocks, the ones that are *not* tanking, are doing AWESOME!  

Like AM-PT down 50% over the same period? lol yes.

No it means there is no sell off, that's the point I'm making. Read it again - a bit slower.

Sorry, wut?

[aquarius]

The price is going down too fast, i guess someone is going to buy-all.

done.

damnit.. I was going to get my transfer initiated

oh well, hope the FUD keeps on going so that more speculators dump

[Mabsark]

This is my last post till after the weekend as this is literally a trollfest. And paid for by the opposition it seems.

At the beginning of August btc was approx 100USD and ACtM shares were at .0050 (BF) giving a market cap (on 25mill shares) of 125,000 btc or 12.5Mill USD.
Today at the beginning of Sep btc is approx 145 and ACtM shares are at 0.0035 giving a market cap of 87,500 btc or 12.7MIll USD.

So there is no sell off, the equity value remains static. This is how free markets operate. If you look at the share price and ignore underlying value (ie btc) you are an idiot. Or a troll.

The problem is though, is that LC is going to shoot up in price over the next 2 weeks while ActM is going to go down due to lack of action. AM looks to be remaining around 2.5 BTC.

The smart people will be switching to LC, raking in the profits, then switching back to ActM and raking in the profits again. Those saying otherwise are trying to trick you into holding the bag. ActM is going to be stagnant for a couple of months until they get samples around November at the earliest and LC will have around 50 Th/s by then. If the network was at 1 Ph/s, 50 Th/s would represent 5%, so LC should be worth at least 0.05 BTC while ActM will still be around between 0.0025 BTC and 0.005 BTC. At that point, the smart people will be selling their LC shares and buying ActM.

You can keep saying there aren't enough shares while the smart people sell their ActM and buy Labcoin in batches of small quantities in order to limit their effect on the price.

[AngelSky]

This is my last post till after the weekend as this is literally a trollfest. And paid for by the opposition it seems.

At the beginning of August btc was approx 100USD and ACtM shares were at .0050 (BF) giving a market cap (on 25mill shares) of 125,000 btc or 12.5Mill USD.
Today at the beginning of Sep btc is approx 145 and ACtM shares are at 0.0035 giving a market cap of 87,500 btc or 12.7MIll USD.

So there is no sell off, the equity value remains static. This is how free markets operate. If you look at the share price and ignore underlying value (ie btc) you are an idiot. Or a troll.

The problem is though, is that LC is going to shoot up in price over the next 2 weeks while ActM is going to go down due to lack of action. AM looks to be remaining around 2.5 BTC.

The smart people will be switching to LC, raking in the profits, then switching back to ActM and raking in the profits again. Those saying otherwise are trying to trick you into holding the bag. ActM is going to be stagnant for a couple of months until they get samples around November at the earliest and LC will have around 50 Th/s by then. If the network was at 1 Ph/s, 50 Th/s would represent 5%, so LC should be worth at least 0.05 BTC while ActM will still be around between 0.0025 BTC and 0.005 BTC. At that point, the smart people will be selling their LC shares and buying ActM.

You can keep saying there aren't enough shares while the smart people sell their ActM and buy Labcoin in batches of small quantities in order to limit their effect on the price.

Shhhh!

[stslimited]

or hold some labcoin and some active mining and some other stocks?

false dilemmas galore!

[Mabsark]

Looks like ActM is about to go below 0.003 BTC while Labcoin is about to go above 0.004 BTC. If you can't see the writing on the wall by now, you need an eye test.

[matuszed]

Looks like ActM is about to go below 0.003 BTC while Labcoin is about to go above 0.004 BTC. If you can't see the writing on the wall by now, you need an eye test.

I don't think anyone is denying that labcoin will have chips hashing before actm but I don't think this is a binary event where one player wins and the other loses.  There's plenty of room in this market long term for 5-6 big players.

[pheaonix]

Looks like ActM is about to go below 0.003 BTC while Labcoin is about to go above 0.004 BTC. If you can't see the writing on the wall by now, you need an eye test.

[stereotype]

Looks like ActM is about to go below 0.003 BTC while Labcoin is about to go above 0.004 BTC. If you can't see the writing on the wall by now, you need an eye test.

I'm forever blowing bubbles,
Pretty bubbles in the air
They fly so high, nearly reach the sky
And like my dreams they fade and die

Fortune's always hiding,
I've looked everywhere
I'm forever blowing bubbles,
Pretty bubbles in the air.

[Mabsark]

Looks like ActM is about to go below 0.003 BTC while Labcoin is about to go above 0.004 BTC. If you can't see the writing on the wall by now, you need an eye test.

I don't think anyone is denying that labcoin will have chips hashing before actm but I don't think this is a binary event where one player wins and the other loses.  There's plenty of room in this market long term for 5-6 big players.

I'm not claiming that, I'm saying both will be successful, just that LC will be successful first. It's therefore possible to make 10x+ profits from both LC and ActM because their periods of major price rise will not be overlapping.

[bigdude]

Wow - down to .0031 on btct now

Just 2 or 3 days ago, it was hovering around .005 - lost 40% in a few days.

Wonder how low it will go with Ken's cone of silence

[crumbs]

Looks like ActM is about to go below 0.003 BTC while Labcoin is about to go above 0.004 BTC. If you can't see the writing on the wall by now, you need an eye test.

I don't think anyone is denying that labcoin will have chips hashing before actm but I don't think this is a binary event where one player wins and the other loses.  There's plenty of room in this market long term for 5-6 big players.

welp... No.

There are only so many coins to be mined.  
There are already 4 ASIC players who have delivered (BFL, Asicminer, Avalon (whatever their name is), Bitfury) & at least 2 that (claim to have) taped out.
There isn't plenty of room for everyone, the delicious caek is already sliced too thin.
ActM hasn't missed the boat, it just scuttled it in the harbour.

Edit: but don't abandon ship -- your carrion will become essential & tasty part of the bitcoin ecosystem

[Mabsark]

Wow - down to .0031 on btct now

Just 2 or 3 days ago, it was hovering around .005 - lost 40% in a few days.

Wonder how low it will go with Ken's cone of silence

I'd say it'll drop down to about 0.001-0.002 BTC while Labcoin will go to at least 0.01-0.02 BTC. After all, ActM will only have about 10% of the hashing power of LC in 10 days, so a fair price would be about 10% of what LC is going for.

[pheaonix]

Looks like ActM is about to go below 0.003 BTC while Labcoin is about to go above 0.004 BTC. If you can't see the writing on the wall by now, you need an eye test.

I don't think anyone is denying that labcoin will have chips hashing before actm but I don't think this is a binary event where one player wins and the other loses.  There's plenty of room in this market long term for 5-6 big players.

welp... No.

There are only so many coins to be mined.  

Wow - down to .0031 on btct now

Just 2 or 3 days ago, it was hovering around .005 - lost 40% in a few days.

Wonder how low it will go with Ken's cone of silence

I'd say it'll drop down to about 0.001-0.002 BTC while Labcoin will go to at least 0.01-0.02 BTC. After all, ActM will only have about 10% of the hashing power of LC in 10 days, so a fair price would be about 10% of what LC is going for.

There are already 4 ASIC players who have delivered (BFL, Asicminer, Avalon (whatever their name is), Bitfury) & at least 2 that (claim to have) taped out.
There isn't plenty of room for everyone, the delicious caek is already sliced too thin.
ActM hasn't missed the boat, it just scuttled it in the harbour.

just busy building an aircraft carrier while people are overjoyed they can quickly build tugboats.

i sure hope actm gets that cheap. everything is paid for. we are just waiting for hardware sales and hashing with proper chips instead of tech from the 90's.

[kingcrimson]

Looks like ActM is about to go below 0.003 BTC while Labcoin is about to go above 0.004 BTC. If you can't see the writing on the wall by now, you need an eye test.

I don't think anyone is denying that labcoin will have chips hashing before actm but I don't think this is a binary event where one player wins and the other loses.  There's plenty of room in this market long term for 5-6 big players.

I'm not claiming that, I'm saying both will be successful, just that LC will be successful first. It's therefore possible to make 10x+ profits from both LC and ActM because their periods of major price rise will not be overlapping.

Sounds good on paper, but if ActM brings out some major news it will recover fast.

[bigdude]

thats a BIG if at the moment ... considering the silence encompasses EVERYTHING.

By the time any news is released, who knows how many weeks/months, the priced could have tanked to almost zero.

The longer it takes for news, the more the share prices declines, and then the further it has to rise to get to where it was.