ActiveMining Overview and Speculation Thread

[matuszed]

Yes it's utterly false and therefore most probably a ploy to make the shares slide and buy in low. So we are back to where we were. ACtM to the MOON!!!

ha ha ha

 

Are you accusing the WSJ of BTC market manipulation? I don't think bitcoin is that big yet.

haha yea.  They have much bigger markets at their bidding if they want.

Link to the tweet about the deal being fake

http://www.activeminingbtc.com/

[steveioio]

Yes it's utterly false and therefore most probably a ploy to make the shares slide and buy in low. So we are back to where we were. ACtM to the MOON!!!

ha ha ha

 

Are you accusing the WSJ of BTC market manipulation? I don't think bitcoin is that big yet.

WSJ just like any other media outlet is subject to rumour and lazy journalism whereby stories are printed without sufficient checks on the facts being made. Bunch of amateurs is how I would put it.

[Stuartuk]

OK it's been an eventful 24hrs so now with things a bit quieter on here I'd like to suggest a game.

The problem with checking in on the ACtM threads every 1 or 2 hrs looking at the very latest posting and being ready to dump all your shares at the drop of a hat is you can fall victim to the sort of false news release we saw yesterday. Sadly there are probably people buying back right now above .005 who sold at .004, or worse still they are waiting to buy back at .004 but it may never go there again and they will begrudgingly buy back at .006 or .007. A tragedy.


Now the game is this, what would the situation be if you secured your shares at btc-e/bitfunder then logged out of bitcoin forum today and didn't come back for 3months? What would you come back to?

Just a bit of fun. Any answers should include what you may think will happen with ACtM news releases, progress made over the 3 months, share price in 3months and route it took to get there, dividend payments, BTC price and anything else that might be of interest.

So in 3months time where will we be?

[Stuartuk]

Oh, and will LTC be on Gox by then?

[bigdude]

atleast bitcoin had some major exposure ... the more news the better ... even if its wrong haha

[bigdude]

OK it's been an eventful 24hrs so now with things a bit quieter on here I'd like to suggest a game.

The problem with checking in on the ACtM threads every 1 or 2 hrs looking at the very latest posting and being ready to dump all your shares at the drop of a hat is you can fall victim to the sort of false news release we saw yesterday. Sadly there are probably people buying back right now above .005 who sold at .004, or worse still they are waiting to buy back at .004 but it may never go there again and they will begrudgingly buy back at .006 or .007. A tragedy.


Now the game is this, what would the situation be if you secured your shares at btc-e/bitfunder then logged out of bitcoin forum today and didn't come back for 3months? What would you come back to?

Just a bit of fun. Any answers should include what you may think will happen with ACtM news releases, progress made over the 3 months, share price in 3months and route it took to get there, dividend payments, BTC price and anything else that might be of interest.

So in 3months time where will we be?

In 3 months ... lets see ...

- avalon chips and klondike boards on online and hashing away - ~6TH/s
- this gives investors some boners, and proof things are not a scam
- but still no news on eAsic ... NDA, confidentiality blah
- wild price swings occur as FUD, and speculation abounds
- those who hold see pricing heads towards .015
- Ken changes VMC product mix to make it more 'user friendly' (ie. there is still the modular products, but also simpler product along the lines BFL and KNCminer. eg. simple product with XXG/s)

[adub]

- Ken changes VMC product mix to make it more 'user friendly' (ie. there is still the modular products, but also simpler product along the lines BFL and KNCminer. eg. simple product with XXG/s)

I don't see the product being modified like that.  It seems simple enough already anyway. If you're going to mine in the TH zone, you don't want to have a bunch of KNCs linked together or BFL chained together on a desk. You want to have exactly what Ken has designed. It pops right into a data center rack and off you go.

I think of these as professional grade miners.

[Stuartuk]

mmm I tend to agree only because the next few months will be very busy and developing offshoot products to be ready for market takes up valuable time and may need a development team to be taken onboard.  But as something for the next 6-12 months of ACtM market activity it seems possible. A significant increase in BTC share price may make such products more financially viable with a higher unit sale price available.

Probablly any future plans along these lines should include BTC price forecasts as a central consideration because something not hugely profitable to the company at $100/btc could become a nice sideline with btc at $1000+

[bob131313]

OK it's been an eventful 24hrs so now with things a bit quieter on here I'd like to suggest a game.

The problem with checking in on the ACtM threads every 1 or 2 hrs looking at the very latest posting and being ready to dump all your shares at the drop of a hat is you can fall victim to the sort of false news release we saw yesterday. Sadly there are probably people buying back right now above .005 who sold at .004, or worse still they are waiting to buy back at .004 but it may never go there again and they will begrudgingly buy back at .006 or .007. A tragedy.


Now the game is this, what would the situation be if you secured your shares at btc-e/bitfunder then logged out of bitcoin forum today and didn't come back for 3months? What would you come back to?

Just a bit of fun. Any answers should include what you may think will happen with ACtM news releases, progress made over the 3 months, share price in 3months and route it took to get there, dividend payments, BTC price and anything else that might be of interest.

So in 3months time where will we be?

ACtM shares nearing the .009 mark.
S.E.C starts to close in on US holders of securities. Couple of high profile arrest are made and 1000's of bitcoins lost as market crumbles in those assets.
ACtM changes ownership to foreign national to avoid S.E.C, shares go to .05 at the news.
Friedcat on the run from bad Triad loan. AM shares plummet
PrimeCoin gets on Gox, LTC holders riot and burn MtGox to the ground.
BTC-E becomes a legitimate exchange and vows to 'do no evil'
Pres. Obama accepts his first btc tip on twitter.
btcquick goes belly-up, owners are seen in new boat.

[Stuartuk]

PrimeCoin gets on Gox, LTC holders riot and burn MtGox to the ground.

ha ha ha ha ha

Nice one.

[bigdude]

- Ken changes VMC product mix to make it more 'user friendly' (ie. there is still the modular products, but also simpler product along the lines BFL and KNCminer. eg. simple product with XXG/s)

I don't see the product being modified like that.  It seems simple enough already anyway. If you're going to mine in the TH zone, you don't want to have a bunch of KNCs linked together or BFL chained together on a desk. You want to have exactly what Ken has designed. It pops right into a data center rack and off you go.

I think of these as professional grade miners.

As I said - "ie. there is still the modular products, but also simpler products"

The modular ones are for larger miners, especially mining bond providers.

But there is a need for 'simple' products.

Examples:

- BFL has the 5,25,50,500Gh/s miners
- KNC has Mercury, Saturn, Jupiter
- AsicMiner has the USB miner and Erupter

They are simple, easy to understand and therefore better for the common consumer. The modular system is not for the common miner. And there should be a product/s aimed at them too.

[adub]

- Ken changes VMC product mix to make it more 'user friendly' (ie. there is still the modular products, but also simpler product along the lines BFL and KNCminer. eg. simple product with XXG/s)

I don't see the product being modified like that.  It seems simple enough already anyway. If you're going to mine in the TH zone, you don't want to have a bunch of KNCs linked together or BFL chained together on a desk. You want to have exactly what Ken has designed. It pops right into a data center rack and off you go.

I think of these as professional grade miners.

As I said - "ie. there is still the modular products, but also simpler products"

The modular ones are for larger miners, especially mining bond providers.

But there is a need for 'simple' products.

Examples:

- BFL has the 5,25,50,500Gh/s miners
- KNC has Mercury, Saturn, Jupiter
- AsicMiner has the USB miner and Erupter

They are simple, easy to understand and therefore better for the common consumer. The modular system is not for the common miner. And there should be a product/s aimed at them too.

Right, I stand corrected on what you proposed. It will be interesting to see if ActM wants to get into "home miner" space.

[mzog]

OK it's been an eventful 24hrs so now with things a bit quieter on here I'd like to suggest a game.

The problem with checking in on the ACtM threads every 1 or 2 hrs looking at the very latest posting and being ready to dump all your shares at the drop of a hat is you can fall victim to the sort of false news release we saw yesterday. Sadly there are probably people buying back right now above .005 who sold at .004, or worse still they are waiting to buy back at .004 but it may never go there again and they will begrudgingly buy back at .006 or .007. A tragedy.


Now the game is this, what would the situation be if you secured your shares at btc-e/bitfunder then logged out of bitcoin forum today and didn't come back for 3months? What would you come back to?

Just a bit of fun. Any answers should include what you may think will happen with ACtM news releases, progress made over the 3 months, share price in 3months and route it took to get there, dividend payments, BTC price and anything else that might be of interest.

So in 3months time where will we be?

In 3 months ... lets see ...

- but still no news on eAsic ... NDA, confidentiality blah

Ken said more news in several weeks. Should be a press release at the minimum well before 3 months.

[iCEBREAKER]

The party has been moved over here guys!    

Let's get the iCEBREAKER fan/anti-fan club off Ken's Official thread.

Come on, we have 'I Love iCEBREAKER' t-shirts for the first 10 noble capitalists and 'I Hate iCEBREAKER' t-shirts for the first 10 Marxist POS.

[N_S]

Does anyone know if ActM will be adding any hashing power between now and when the ~5.5 TH/s worth of Avalon chips arrive?

[knybe]

The party has been moved over here guys!    

Let's get the iCEBREAKER fan/anti-fan club off Ken's Official thread.

Come on, we have 'I Love iCEBREAKER' t-shirts for the first 10 noble capitalists and 'I Hate iCEBREAKER' t-shirts for the first 10 Marxist POS.

   TROLL ALERT  
IGNORE this user is recommended.

[iCEBREAKER]

Anyone who doesn't agree with theft is a Marxist are they? What you preach is not Capitalism, it's corruption. Your type of debased corruption has made the promiss of Capitalism the stinking mess it's become. I love Capitalism but the dirty stealing selfish dicks like you dickhead and the rest of the 'me me me' dicks at the top spoil it for all of us. You use Capitalism as your banner but there is nothing in the definition of Capitalism that says it involves stealing from the masses. So drop the 'I'm a Capitalist' BS you are not, your are a selfish moron who has been brainwashed into thinking that money is everything and that taking other peoples money by underhand methods is acceptable. It's not moron and it's definately NOT what Capitalism is all about.

It's Funny When You Capitalize Words Like Capitalism For No Good Reason Except To Make Them Seem Scary.   

"Stealing from the masses?"  Wow, you just went full OccuTard (never go full OccuTard).

Selfishness is a virtue; altruism is the path to hell paved with good intentions.

If you understood the invisible hand, you would know that.  But you don't, so you're a stinking OWS RageMarxist.



Your GF would be OK looking if she cut the giant festering cow patty off her head, so at least you got that going for you.   

[iCEBREAKER]

Does anyone know if ActM will be adding any hashing power between now and when the ~5.5 TH/s worth of Avalon chips arrive?

Just the 60 chips on prototype boards.  Still, a few (12-16) more GH are good for dividends.

[iCEBREAKER]

Ladies and Gentlemen, I present an experiment designed to test the effect of Butthurt on Marxists.

Before Butthurt is applied to Marxist:

iCEBREAKER's goofey, childish wannabe-hacker-kid-"you been pwned"-graduated-from-online-gaming lingo is absolutely textbook hilarious.

I'd ignore him but its too amusing.

After Butthurt is applied to Marxist:

  TROLL ALERT  
IGNORE this user is recommended.

The hypothesis that Marxists are not strong on consistency, emotionally driven, and often hypocritical, is thus confirmed.  

[iCEBREAKER]

My theory is that he sold all his shares during the plunge and is now pissed that it's back up to normal. 

My theory is that I sold all my shares at tremendous profit during the plunge and am now pleased to be mostly in cash with some cheap (IE free) shares as a bonus.

Just like I said earlier.