ActiveMining Overview and Speculation Thread

[Vbs]

Woaahh I was completely wrong about these guys, I thought they were targeting 40nm for the end of 2013. No serious mining operation would bulk buy old tech like that...not at a price that would be at all attractive to shareholders...

So much evidence of people (btct investors) who completely do not understand this industry just unloading money and crossing their fingers after seeing ASICMiner and AMC shareprice explode. Bitcoin mining rigs will be a real market in 2014, Labcoin just wont compete.

The devil is always in the details... (NTO schedule: 2013 Q4, "In development" still...)

http://labcoin.com/docs/2.jpg

[1714587922]

1714587922

[1714587922]

1714587922

[Ozymandias]

Ridiculously low volume though, while I am a ActM bull, this price rise is artificial

True, and likely quite true, but still a fun ride.

It's certainly fun to watch. Ultimately, the price will go far beyond this, but the retracement should take us back to 0.0045ish. Buying now is like buying btc during the ramp up of the 2011 peak and crash; yes the people who bought during the runnup could have bought cheaper if they waited a bit, but all those that bought (and held from anywhere between $0.01 to $31.91) ended up doing pretty well by today's prices

*cough*

[dhenson]

Seems like we've hit a healthy price. I'm glad. Who knows where it'll go from here. It's going to be an interesting next few days. We'll see the true value of ACTM. We've got labcoin IPO this evening and S.DICE coming in soon.

There's nothing natural about the current price, it's vastly undervalued.  The current drop is due to the sell-off to buy into upcoming IPO's by investors that didn't have free btc at the ready.

I will admit that it's most likely healthy for the long term valuation as a new floor is being 'mentally' formed.

[4ju5tice]

Ridiculously low volume though, while I am a ActM bull, this price rise is artificial

True, and likely quite true, but still a fun ride.

It's certainly fun to watch. Ultimately, the price will go far beyond this, but the retracement should take us back to 0.0045ish. Buying now is like buying btc during the ramp up of the 2011 peak and crash; yes the people who bought during the runnup could have bought cheaper if they waited a bit, but all those that bought (and held from anywhere between $0.01 to $31.91) ended up doing pretty well by today's prices

*cough*

Great call!

[Vbs]

Anyone feel free to join #ActiveMining on freenode!

(I like http://hexchat.github.io/ for IRC )

[neilol]

Ridiculously low volume though, while I am a ActM bull, this price rise is artificial

True, and likely quite true, but still a fun ride.

It's certainly fun to watch. Ultimately, the price will go far beyond this, but the retracement should take us back to 0.0045ish. Buying now is like buying btc during the ramp up of the 2011 peak and crash; yes the people who bought during the runnup could have bought cheaper if they waited a bit, but all those that bought (and held from anywhere between $0.01 to $31.91) ended up doing pretty well by today's prices

*cough*

Great call!

[bigdude]

BTCT is really pissing me off ... nothing but errors

"Excessive wait trying to get lock on ACTIVEMINING"

[knybe]

everything is being dumped hard right now.

did I miss something?

[Panterino]

everything is being dumped hard right now.

did I miss something?

I was thinking the same thing. Could just be like the regular stock market up and down days.

[Bitcycle]

Floor seems to be around 0.004

[pheaonix]

if your going long - i think now is a good time to buy.

[pheaonix]

BTCT is really pissing me off ... nothing but errors

"Excessive wait trying to get lock on ACTIVEMINING"

then sell off and rebuy on bitfunder. you'll wind up with more shares, on a better trading platform.

[drdanishkhan]

i like how i get a mail whenever an exchange of my shares occur.. plus theres more volume on BTCT..

[knybe]

no seriously, wtf is going on?

(S) 9 @ 0.36050000 BASIC-MINING
(S) 4 @ 0.38510000 COGNITIVE
(S) 14 @ 0.03860000 TAT.ASICMINER
(S) 25 @ 0.00421000 ACTIVEMINING
(S) 5 @ 3.80100000 ASICMINER-PT

Abandon all ships!

is it because bitcoin price is going up?

[Rannasha]

no seriously, wtf is going on?

(S) 9 @ 0.36050000 BASIC-MINING
(S) 4 @ 0.38510000 COGNITIVE
(S) 14 @ 0.03860000 TAT.ASICMINER
(S) 25 @ 0.00421000 ACTIVEMINING
(S) 5 @ 3.80100000 ASICMINER-PT

Abandon all ships!

is it because bitcoin price is going up?

Because people are jumping on the Labcoin IPO hypetrain (selling existing assets to free up funds), hoping for a quick multiplication of the IPO price.

[bigdude]

BTCT is really pissing me off ... nothing but errors

"Excessive wait trying to get lock on ACTIVEMINING"

then sell off and rebuy on bitfunder. you'll wind up with more shares, on a better trading platform.

I'm 50/50 on both exchanges - spread equally.

Just BTCT has been throwing increasing amounts of errors lately

[N_S]

Just BTCT has been throwing increasing amounts of errors lately

It's infuriating.

[knybe]

I can't help but feel like I missed some info somewhere... Did burnside spout off again about halting US customers?

edit: nope, everyone's sitting around waiting for the LABCOIN IPO

[Panterino]

I can't help but feel like I missed some info somewhere... Did burnside spout off again about halting US customers?

edit: nope, everyone's sitting around waiting for the LABCOIN IPO

The Labcoin IPO is going to be a shitshow for a while and then flop like a fish.

[drdanishkhan]

Labcoiners broke BTCT