ActiveMining Overview and Speculation Thread

[stereotype]

Stuartuk

Just cant help yourself can you?  

I honestly don't know what you mean. I can't help from tackling micebeaker? Well I fully intend to tackle his every post but it's not a compulsion. 

How about respecting peoples right not to read nonsense, by not copying their nonsense on your reply?

Double + 1

Is that a joke or are you a bit confused?

Yes, confused by your inability to not be a hypocrite. Respectfully, me ole China, you are ignored. 

[1715464408]

1715464408

[neilol]

"ActiveMining Bitching and Whining Accusation Thread"

[Stuartuk]

Yes, confused by your inability to not be a hypocrite. Respectfully, me ole China, you are ignored.  

Wow what a cretin. Tell me where the hypocrisy is I want to see it.

This thread will just be people ignoring each other soon.

[knybe]

Yes, confused by your inability to not be a hypocrite. Respectfully, me ole China, you are ignored.  

Wow what a cretin. Tell me where the hypocrisy is I want to see it.

This thread will just be people ignoring each other soon.

No, this thread will be smart people blocking out the noise.

It's not necessary to defend and justify against all the noise, StuartUK. Everytime you quote and address noise you only accomplish success for the noisemakers.

Personally, I'd rather not block you because you do have some good rants, but if you insist on addressing and quoting useless volleys that are of no benefit, I will regrettably ignore you.

[ffssixtynine]

How about respecting peoples right not to read nonsense, by not copying their nonsense on your reply?

I'm afraid for context that is often necessary.

You don't actually have to reply at all and please do stop quoting them if you really can't help but hit reply to random-person-on-internet-who-is-annoying-you.

It achieves nothing other than feeding trolls and making the threads increasingly useless, which is frustrating for everyone who does want to genuinely speculate, discuss, critique or query the offering.

[N_S]

I, for one, am happy to see board members stating things like the above.

[Pale Phoenix]

How about respecting peoples right not to read nonsense, by not copying their nonsense on your reply?

Yes, but the same can be said about quoting Stuart, whose manic belligerence has damaged the level of discourse in this thread as much as any other poster.

[LorenzoMoney]

Since this IS the ActM speculation thread, Let's speculate.
Chances are that we will be getting the chips for which we and everyone else is waiting.
And, I truly have faith in Ken to increase our mining capacity, in getting production and selling some high GH mining rigs.
When that happens, dividends will get paid out and people will want ActM shares.  That will make me happy.
What really makes ActM different from all the other mining companies is that there really is a board of advisers.
BFL, Avalon, the FriedCat show, none of the other players really are as open as ActM. Yes, some of you will complain that there have been no announcements. But, we all know the reason for that. It is simply that certain deals take time and details cannot be published until finalized.
Lockheed Martin, IBM, Lenovo, Ford, none of them reveal details of certain important deals and negotiations before they are due.
So, now, the Congress is talking about bitcoin. It is not something obscure and unknown. The other crypto coins really do not matter.
Most mining companies have only the goal of making money quickly. My feeling is that ActM has a team that will engage in some long term strategic planning. As an aside, there is one stock on BF that is not bitcoin related. Someone creative is using BF to get funds to develop real estate. It is a clever use of BF. After all, he is a business and with capital he can make money and pay out dividends. My personal concerns are understanding how to make use of the difference in volume and activity between BTCT and BF. There has been some upward movement in BTC prices on MtGox. That will cause greater interest in BTC and in the various exchanges and mining companies. I only see a good future for us, bot the btc community and the ActM shareholders and supporters. I do feel that patience is in order, and I am looking at my ActM investments as something I will hold on to for at least 18 months.  I get the feeling that there is a contingent that wants the price to skyrocket within 60 days and if they do not see that, they scream. Although this is the Internet, things take time. My big screw up, selling shares I wish I had held on to, was due to panicking in the moment. I learned my lesson and now, I am looking at signal not noise.

[Stuartuk]

Yes, but the same can be said about quoting Stuart, whose manic belligerence has damaged the level of discourse in this thread as much as any other poster.

Fair enough ill shut up for a while and see how we get on, but I'm not hopeful. At one point there were three plants on the same page on the official thread today. If you think that will cease if no one mentions it you are being overly optimistic.

I think with the huge potential here we have to accept we are under attack. So we will see if the best form of defense is burying our heads in the sand then.

[arousedrhino]

...My personal concerns are understanding how to make use of the difference in volume and activity between BTCT and BF...

Care to elaborate more on that point?

Are you talking about making money off those differences?

[LorenzoMoney]

Volume affects how quickly price will fluctuate and whether some particular exchange can sustain sales or purchases at some particular price.
That affects the real value of a block of shares more than the amount of the last trade.

 

...My personal concerns are understanding how to make use of the difference in volume and activity between BTCT and BF...

Care to elaborate more on that point?

Are you talking about making money off those differences?

[iCEBREAKER]

Sigh.  If only eASIC were BTC compatible.   

If the conversion isn't finished yet, this wrinkle may further delay the NRE payment.

Tradehill Bitcoin Accounts Moving to Credit Union
http://www.bloomberg.com/news/2013-08-23/tradehill-bitcoin-accounts-moving-to-credit-union.html

Customers must provide government-issued photo identification and a social-security number to transition their Tradehill account to the credit union, according to the e-mail. Accounts are being frozen today, and clients who don’t want to switch to the credit union have the option to liquidate their holdings, according to the e-mail.

Hashfast (now taping out) and Cointerra (ASIC dream team) accept BTC.

It's time to accept that ACTM's 'first 28nm to market' window of opportunity has closed, and split the BTC between the two most credible full custom vendors.  $500,000/order will get us nice bulk discounts, and a great hedge (as well as miner protection against ROI-killing difficulty).

The barriers to entry are too high for a one man/family business to be competitive.

ACTM should follow ice.drill's model and put tons of big, hot, fast chips down in the Batcave.

[somestranger]

There is absolutely no way they are still converting the funds. They just won't say anything about it because Ken already said too much and doesn't want to get in trouble with eASIC again.

[N_S]

There is absolutely no way they are still the converting funds. They just won't say anything about it because Ken already said too much and doesn't want to get in trouble with eASIC again.

I'm inclined to agree with this.

[iCEBREAKER]

There is absolutely no way they are still the converting funds. They just won't say anything about it because Ken already said too much and doesn't want to get in trouble with eASIC again.

The NDA says Ken can't confirm NRE payment/terms.  eASIC doesn't care where he gets the cash for the NRE or if it's announced.

Perhaps Tradehill/Gox/??? has a separate NDA?   

All of this speculation about an obsolete chip is irrelevant, because Hashfast is about to blow our doors off.

[superduh]

so far, asic companies overpromise and underdeliver in many ways. so until someone gets a chip working at proper specs than it's all mumbo jumbo

[pheaonix]

how big does the gap between bitfunder and btct have to be for people to start arbitraging lol

[kleeck]

how big does the gap between bitfunder and btct have to be for people to start arbitraging lol

I'm slowly converting my shares over to BF. I'll always hold a certain amount on BTCT for liquidity. I'm currently 20/80 BF/BTCT. Once you have WeExchange setup it's pretty straight forward. Just watch for those those large gaps, sell shares on BTCT, convert BTC to WeExchange/BF, and clean up for a nice % profit gain. 

[VolanicEruptor]

how big does the gap between bitfunder and btct have to be for people to start arbitraging lol

I'm slowly converting my shares over to BF. I'll always hold a certain amount on BTCT for liquidity. I'm currently 20/80 BF/BTCT. Once you have WeExchange setup it's pretty straight forward. Just watch for those those large gaps, sell shares on BTCT, convert BTC to WeExchange/BF, and clean up for a nice % profit gain. 

uhhhh no.

[kleeck]

how big does the gap between bitfunder and btct have to be for people to start arbitraging lol

I'm slowly converting my shares over to BF. I'll always hold a certain amount on BTCT for liquidity. I'm currently 20/80 BF/BTCT. Once you have WeExchange setup it's pretty straight forward. Just watch for those those large gaps, sell shares on BTCT, convert BTC to WeExchange/BF, and clean up for a nice % profit gain. 

uhhhh no.

Who would want MORE shares for free?