[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]

[minerpart]

"Lets only sell when we have to" we have the most safest way of maximising the value of those coins.

Sure. All of my posts have been based on the notion that we do need to sell these holding within the next month or so to finance chip runs.

If we don't need to do that they may be worth more in 6months than today agreed. But that is the point I made. The last time we had a new high it took a full 6 months to get back there ($260). If we can't afford to hold these coins for up to 6months then we need to sell them at the best price in the mean time. So to see when you will get the best price you should look at the chart and at BTC developments/news. So I'm looking at the chart.

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[minerpart]

A fun relevant quote:

"The market can stay irrational longer than you can stay solvent."

Let's just let this dead horse lie, Ken will do as he wants regardless of what we speculate on this thread.

1) That quote is very very well known. It is used completely out of context here so doesn't really help us - except to let us all know that you are aware of it.

2) I don't think you should be deciding when we stop talking about a particular topic - especially when it is a topic raised by another poster. If it's your own topic that would be fair enough.

3) Ken has always listened to ACtM holders on here. The company is structured as it is because he listens to his shareholders.

[drawingthesun]

"Lets only sell when we have to" we have the most safest way of maximising the value of those coins.

Sure. All of my posts have been based on the notion that we do need to sell these holding within the next month or so to finance chip runs.

If we don't need to do that they may be worth more in 6months than today agreed. But that is the point I made. The last time we had a new high it took a full 6 months to get back there ($260). If we can't afford to hold these coins for up to 6months then we need to sell them at the best price in the mean time. So to see when you will get the best price you should look at the chart and at BTC developments/news. So I'm looking at the chart.

Fair enough. I feel like we both have somewhat valid positions, and if the price goes batshit and drives past $2,000 I would not hold the coins I have left personally. But when dealing with company money it's a lot of responsibility. I guess it comes down to how Ken feels in predicting when the true crash will be. Is there a thread in the speculation forum that Ken can follow?

[minerpart]

Is there a thread in the speculation forum that Ken can follow?

Not sure to be honest, I'm sure you can find a thousand views on it. I'm trying not to have a 'view' as much as just looking at the chart, seeing what has happened recently to this currency, drawn on the obvious channel lines and seeing where it could realistically go. We could say yes it could be $4000 next month but the history (chart) has to support that possibility. Right now it doesn't. Tomorrow it might.

[Bargraphics]

A fun relevant quote:

"The market can stay irrational longer than you can stay solvent."

Let's just let this dead horse lie, Ken will do as he wants regardless of what we speculate on this thread.

1) That quote is very very well known. It is used completely out of context here so doesn't really help us - except to let us all know that you are aware of it.

2) I don't think you should be deciding when we stop talking about a particular topic - especially when it is a topic raised by another poster. If it's your own topic that would be fair enough.

3) Ken has always listened to ACtM holders on here. The company is structured as it is because he listens to his shareholders.

I believe we have a fundamental disagreement between each other due to what we've already experienced/accomplishments we've done in our lives.

Please carry-on off topic even though there is a thread dedicated to speculation on ActM/BTC prices/when to sell/etc...

[Vigil]

I think we already had the crash as the price dropped 50% from its high, this is just the hopefuls getting back in. I'm not sure what those trend lines show. I see people drawing trend lines all the time that have no connection to reality. I expect another massive sell-off soon enough.

This "bubble" is behaving a bit different than the previous ones post-crash.

[pbbhopp]

Change in BTC momentum.

With the very strong bounce (up to $735) from the $470 area last night BTC confirmed and establish a strong uptrend.

As with the previous two charts I posted, this channel could hold and so BTC could trend higher from here on.

How price reacts on a return to the bottom of this channel (around $550) will let us know if price is to continue to rise (up to $1000 over the next few weeks) or break down to the previously mention levels (circa $400).

So right now the forcast is: uncertain.
Advice - hold BTC.


https://i.imgur.com/7xuF28B.jpg

What is this software ? Sorry for the noob question 

[zumzero]

We are in the business of making money.  We make Bitcoins with hardware and reinvest those bitcoins to make more money.

Anyone who suggests that discussing and speculating the price of Bitcoin is off topic, is mistaken, especially when we are sitting on 1400 btc to be converted in the near future.  Ask the CEO if you don't believe me!

Posting in the spec thread (if it's even active anymore) is futile when a poster requires the attention of the majority of shareholders who use this thread only.

I'm sticking to my guns and am confident we are still on course to see a price between $1200 and $1700 no later than Tuesday of next week.  

[Bargraphics]

Like I said, carry-on in the wrong thread about things that shareholders hold no part in.

It doesn't matter how much you squeeze your eyes together and wish that this isn't the case, it is. And based on past posts of most people speculating in this thread I'm extremely happy about this fact.

[neilol]

We are in the business of making money.  We make Bitcoins with hardware and reinvest those bitcoins to make more money.

Anyone who suggests that discussing and speculating the price of Bitcoin is off topic, is mistaken, especially when we are sitting on 1400 btc to be converted in the near future.  Ask the CEO if you don't believe me!

Posting in the spec thread (if it's even active anymore) is futile when a poster requires the attention of the majority of shareholders who use this thread only.

I'm sticking to my guns and am confident we are still on course to see a price between $1200 and $1700 no later than Tuesday of next week.  

I'll take the other side of that - I think we are in the $300's this weekend

[zumzero]

Like I said, carry-on in the wrong thread about things that shareholders hold no part in.

It doesn't matter how much you squeeze your eyes together and wish that this isn't the case, it is. And based on past posts of most people speculating in this thread I'm extremely happy about this fact.

Please spell it out to me. That 'what' isn't the case? Also what fact are you happy about.

I genuinely struggle to make sense of what you write sometimes. No disrespect.

[minerpart]

Its OK. Bar graphics is just letting us know what he is allowing us to discuss on the ACtM thread.

We are not allowed to talk about the Avalon refund, or how much it might be worth and what Ken might do with it/when he will convert it to USD.

Please in future everyone remember to check with Bargraphics before raising a topic to make sure it meets his approval.

Now maybe we can get back to the FUD.

[Sou]

Its OK. Bar graphics is just letting us know what he is allowing us to discuss on the ACtM thread.

We are not allowed to talk about the Avalon refund, or how much it might be worth and what Ken might do with it/when he will convert it to USD.

Please in future everyone remember to check with Bargraphics before raising a topic to make sure it meets his approval.

Now maybe we can get back to the FUD.

I believe he's pointing out that there are places on Bitcointalk that are specifically for price speculation. I guess you could copy and paste that price chart in every thread on the site and argue its relevance.

[Vigil]

Its OK. Bar graphics is just letting us know what he is allowing us to discuss on the ACtM thread.

We are not allowed to talk about the Avalon refund, or how much it might be worth and what Ken might do with it/when he will convert it to USD.

Please in future everyone remember to check with Bargraphics before raising a topic to make sure it meets his approval.

Now maybe we can get back to the FUD.

I believe he's pointing out that there are places on Bitcointalk that are specifically for price speculation. I guess you could copy and paste that price chart in every thread on the site and argue its relevance.

Exactly, because this thread is specifically about Bitcoin mining and purchasing more miners with profits made by selling those Bitcoin.

[zumzero]

Its OK. Bar graphics is just letting us know what he is allowing us to discuss on the ACtM thread.

We are not allowed to talk about the Avalon refund, or how much it might be worth and what Ken might do with it/when he will convert it to USD.

Please in future everyone remember to check with Bargraphics before raising a topic to make sure it meets his approval.

Now maybe we can get back to the FUD.

I believe he's pointing out that there are places on Bitcointalk that are specifically for price speculation. I guess you could copy and paste that price chart in every thread on the site and argue its relevance.

Good point.  It's just as well that, unlike Bitcoin, there isn't a finite number of posts available before a thread comes to an end.

Anyway, I see Ken's about.  Come on mate, throw us a morsel.

[tom.hashemi]

A fun relevant quote:

"The market can stay irrational longer than you can stay solvent."

Let's just let this dead horse lie, Ken will do as he wants regardless of what we speculate on this thread.

That quote is very very well known. It is used completely out of context here so doesn't really help us - except to let us all know that you are aware of it.

I'd actually never heard it before ... it made me smile knowingly (in a 'yeah I've been there' way rather than a 'I have a really good grasp of trading' way)

[Bargraphics]

Like I said, carry-on in the wrong thread about things that shareholders hold no part in.

It doesn't matter how much you squeeze your eyes together and wish that this isn't the case, it is. And based on past posts of most people speculating in this thread I'm extremely happy about this fact.

Please spell it out to me. That 'what' isn't the case? Also what fact are you happy about.

I genuinely struggle to make sense of what you write sometimes. No disrespect.

Sorry if it was a bit cryptic, I'm happy that Ken is in charge of deciding when to cash out the BTC and not the speculators in this (the wrong) thread or any thread for that matter.

That should clarify

I believe he's pointing out that there are places on Bitcointalk that are specifically for price speculation. I guess you could copy and paste that price chart in every thread on the site and argue its relevance.

Bingo

Exactly, because this thread is specifically about Bitcoin mining and purchasing more miners with profits made by selling those Bitcoin.

Bingo x2

I'd actually never heard it before ... it made me smile knowingly (in a 'yeah I've been there' way rather than a 'I have a really good grasp of trading' way)

The first time I heard the quote I did the same hah



I apologize to those that continue to write off topic in the wrong thread and feel offended when asked to take it to the correct one.

[zumzero]

Permission to discuss the $767 elephant in the room please?

Edit:  $26 from All Time High on Bitstamp!

[Vigil]

Ken, if this starts going parabolic again - jumping hundreds of dollars in one day - it is time to sell.

[Plazma]

We are not selling coins unless we have to.