drawingthesun
Legendary
 Offline
Activity: 1176
Merit: 1015
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December 05, 2013, 02:23:41 AM |
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so much for eASIC fast turn around bull crap we got fed !!!  I think we were all misled, I said this a long time ago; that fast turnaround is a term applied to a traditionally slow sector, but not for Bitcoin. Sure, eASIC might be fast creating chips for a HDD manufacture, but those timescales are years in the world of Bitcoin. Obviously eASIC is a dinosaur when it comes to Bitcoin timescales and we have all lost because of it. Even when we get our hashrate online, the maximum we can imagine is about 100TH/s, this will be in several months when 200-300TH/s is barely a percent of the network. EDIT: I now believe our chip has taken longer than a full custom chip. I am not sure what is going on with eASIC but they are seriously slow. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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hobbymd
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December 05, 2013, 02:32:37 AM |
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so much for eASIC fast turn around bull crap we got fed !!! I think we were all misled, I said this a long time ago; that fast turnaround is a term applied to a traditionally slow sector, but not for Bitcoin. Sure, eASIC might be fast creating chips for a HDD manufacture, but those timescales are years in the world of Bitcoin. Obviously eASIC is a dinosaur when it comes to Bitcoin timescales and we have all lost because of it. Even when we get our hashrate online, the maximum we can imagine is about 100TH/s, this will be in several months when 200-300TH/s is barely a percent of the network. EDIT: I now believe our chip has taken longer than a full custom chip. I am not sure what is going on with eASIC but they are seriously slow. maybe we should sue eASIC and get our money back . I believe eASIC treated AMC as a small low priority customer so any problem on other major projects mean a delay for AMC's chip. btw ken is doing a good great job at keeping the silence going !!! gotta say Amazing company |
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wasubii
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December 05, 2013, 02:35:37 AM |
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so much for eASIC fast turn around bull crap we got fed !!! I think we were all misled, I said this a long time ago; that fast turnaround is a term applied to a traditionally slow sector, but not for Bitcoin. Sure, eASIC might be fast creating chips for a HDD manufacture, but those timescales are years in the world of Bitcoin. Obviously eASIC is a dinosaur when it comes to Bitcoin timescales and we have all lost because of it. Even when we get our hashrate online, the maximum we can imagine is about 100TH/s, this will be in several months when 200-300TH/s is barely a percent of the network. EDIT: I now believe our chip has taken longer than a full custom chip. I am not sure what is going on with eASIC but they are seriously slow. Yes - i believe we have taken longer than KnC took to get their full custom 156GH/s chip. Very disappointing because the 'fast turnaround' was the biggest selling point for using eASIC. The lower NRE was a close second. |
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hobbymd
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December 05, 2013, 02:38:54 AM |
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so much for eASIC fast turn around bull crap we got fed !!! I think we were all misled, I said this a long time ago; that fast turnaround is a term applied to a traditionally slow sector, but not for Bitcoin. Sure, eASIC might be fast creating chips for a HDD manufacture, but those timescales are years in the world of Bitcoin. Obviously eASIC is a dinosaur when it comes to Bitcoin timescales and we have all lost because of it. Even when we get our hashrate online, the maximum we can imagine is about 100TH/s, this will be in several months when 200-300TH/s is barely a percent of the network. EDIT: I now believe our chip has taken longer than a full custom chip. I am not sure what is going on with eASIC but they are seriously slow. Yes - i believe we have taken longer than KnC took to get their full custom 156GH/s chip. Very disappointing because the 'fast turnaround' was the biggest selling point for using eASIC. The lower NRE was a close second. wasn't fast turn around ken's main selling point to the investors??!?! what happened ken?!? |
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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December 05, 2013, 02:43:36 AM |
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Yes - i believe we have taken longer than KnC took to get their full custom 156GH/s chip. Very disappointing because the 'fast turnaround' was the biggest selling point for using eASIC. The lower NRE was a close second.
The fact that our inferior chip 16GH/s has taken longer than KNC is disgusting. wasn't fast turn around ken's main selling point to the investors??!?! what happened ken?!?
Yes, the main selling point was the fast turnaround. maybe we should sue eASIC and get our money back . I believe eASIC treated AMC as a small low priority customer so any problem on other major projects mean a delay for AMC's chip.
No point in suing the get the money back, at this point we need about $40,000,000 to get most shareholders a return. Now Bitcoin is $1,000 the $1,000,000 we paid is so small (It represents 0.0001 a share) |
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coinfresh
Member
Offline
Activity: 88
Merit: 10
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December 05, 2013, 02:50:40 AM |
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Blah blah blah drawingthefud, when are you going to take your bi-polar medicine? In other news, ActM is listed at https://www.crypto-trade.com/ under "waiting securities". |
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VolanicEruptor
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December 05, 2013, 02:52:39 AM |
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Blah blah blah drawingthefud, when are you going to take your bi-polar medicine? In other news, ActM is listed at https://www.crypto-trade.com/ under "waiting securities". Funny how this happened right after I posted the e-mail from crypto-trade.. You guys can thank me now *unzips pants* |
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bigdude
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December 05, 2013, 02:53:58 AM |
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Taken from the listing on Crypto-Trade
"Darin Carolus, VP Marketing"
Darin ... best of luck, and why haven't we heard of you?
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redbeans2012
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December 05, 2013, 03:00:18 AM |
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Blah blah blah drawingthefud, when are you going to take your bi-polar medicine? In other news, ActM is listed at https://www.crypto-trade.com/ under "waiting securities". Funny how this happened right after I posted the e-mail from crypto-trade.. You guys can thank me now *unzips pants* Thanks for keeping the feet to the fire. |
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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December 05, 2013, 03:03:29 AM |
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I am not going to exaggerate, this is the best news we have had in 5 weeks!! |
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bigdude
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December 05, 2013, 03:04:30 AM |
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CryptoTrade 30 Day Volume = <1btc
Therefore:
Amount of buyers in the market = almost zero
Amount of ActM holders wanting to get out = A LOT
Result = bloodbath
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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December 05, 2013, 03:05:29 AM |
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CryptoTrade 30 Day Volume = <1btc
Therefore:
Amount of buyers in the market = almost zero
Amount of ActM holders wanting to get out = A LOT
Result = bloodbath
Oh I know, it will be interesting that's for sure!!! |
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wasubii
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December 05, 2013, 03:07:33 AM |
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CryptoTrade 30 Day Volume = <1btc
Therefore:
Amount of buyers in the market = almost zero
Amount of ActM holders wanting to get out = A LOT
Result = bloodbath
Oh I know, it will be interesting that's for sure!!! * wasubii starts counting the BTC stash ready to swoop in for cheap shares  Its all just play money though isn't it? hahahahaha |
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granitemouse
Newbie
Offline
Activity: 45
Merit: 0
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December 05, 2013, 03:08:39 AM |
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CryptoTrade 30 Day Volume = <1btc
Therefore:
Amount of buyers in the market = almost zero
Amount of ActM holders wanting to get out = A LOT
Result = bloodbath
Oh I know, it will be interesting that's for sure!!! Cool, bring on your cheap shares. |
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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December 05, 2013, 03:09:57 AM |
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CryptoTrade 30 Day Volume = <1btc
Therefore:
Amount of buyers in the market = almost zero
Amount of ActM holders wanting to get out = A LOT
Result = bloodbath
Oh I know, it will be interesting that's for sure!!! Cool, bring on your cheap shares. Haha I want at least 0.0015, I think it will be 0.00015 for a while.  |
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redbeans2012
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December 05, 2013, 03:13:05 AM |
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CryptoTrade 30 Day Volume = <1btc
Therefore:
Amount of buyers in the market = almost zero
Amount of ActM holders wanting to get out = A LOT
Result = bloodbath
Their volume is higher than that. I actually like their site. No site has securities and crypto trading in one. I think it has long term potential. Thinking about buying shares actually if there wasn't such a huge sell wall from teh IPO.  |
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Jasun7211
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December 05, 2013, 03:13:14 AM |
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CryptoTrade 30 Day Volume = <1btc
Therefore:
Amount of buyers in the market = almost zero
Amount of ActM holders wanting to get out = A LOT
Result = bloodbath
Well its about 11 btc a day. But that is still small. It is illiquid for now but this is how exchanges grow and attract. Panic sell...bring it!!! |
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kslaughter (OP)
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December 05, 2013, 03:13:17 AM |
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We are in approval process on Crypto-Trade.
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VolanicEruptor
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December 05, 2013, 03:14:00 AM |
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Prototype/Low Volume chips to VMC in a 5-10 week time frame after the RTL code for the ASIC chip is ported to their chip and the timing on the
chip has been closed.
The date of these projection is December 5, 2013.
Estimated AMC 12 Months Projections:
AMC through VMC expects to sale 1 Million of its 28nm Bitcoin Mining Chips in 2014. After AMC recoups its
NRE of ~1 Million dollars, then AMC expects to receive ~40 Million dollars in profits for in VMC subsidary payment in 2014. The recouped NRE and profits from VMC will be used to make AMC the largest Bitcoin Mining Farm
in the world.
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