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zumzero
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December 10, 2013, 12:41:54 AM |
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I don't have a retirement fund. I invested money from earnings and Ken is going to give me my retirement fund. I'm not walking away from this with any less than 1500 bitcoin and you are going to watch that happen crumbs.
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Exocyst
Sr. Member
 Offline
Activity: 266
Merit: 250
Science!
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December 10, 2013, 12:49:20 AM |
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People need to honestly ask themselves: "What is crumbs' motivation?" I don't believe crumbs or anyone else honestly wants to save me or anyone else from a bad investment. At least VolcanicEruptor is an admitted market manipulator. What exactly is crumbs up to? Simple: market manipulation.
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zumzero
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December 10, 2013, 12:54:20 AM |
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+1
As I said earlier, it's the one question he avoided answering when I challenged him.
"What is crumbs' motivation?"
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coinminers
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December 10, 2013, 01:00:07 AM |
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I know this question will probably evoke immense laughter since I haven't been following this thread in a while, but I'll ask it anyway: Is there any word on when we can get our ActiveMining shares & dividends?
See my thread here: https://bitcointalk.org/index.php?topic=361930.0TL:DR; any time between now and a maximum of about 2 weeks and a bit weeks for trading and dividends to be paid. These are estimates and Ken could easily wait it out to January, so we can only hope it is soon. Ah OK got it, thanks man! |
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Stuartuk
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December 10, 2013, 01:03:07 AM |
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It's simple: he thinks ACtM is a red hot proposition. He isn't wrong, and you can't blame him for wanting in, but I don't want him in for cheap shares. He deserves to pay top dollar to get back into this company and we have to establish what a fair price is for him and the Trolls to pay.
Maths coming up tomorrow, see you guys later.
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drawingthesun
Legendary
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Activity: 1176
Merit: 1015
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December 10, 2013, 01:06:42 AM |
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It's simple: he thinks ACtM is a red hot proposition. He isn't wrong, and you can't blame him for wanting in, but I don't want him in for cheap shares. He deserves to pay top dollar to get back into this company and we have to establish what a fair price is for him and the Trolls to pay.
Maths coming up tomorrow, see you guys later.
1 - If your maths works I will post in my knowledge thread, I was too busy to do my own. 2 - I think if Crumbs really wanted cheap shares he would have been buying before Bitfunder closed, the shareprice was <0.001 for a long time. I am not convinced he wants cheap shares. I think he is rich and just likes to gloat. Lot's of people get bored, this forum is entertainment for him. |
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drawingthesun
Legendary
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Activity: 1176
Merit: 1015
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December 10, 2013, 01:18:42 AM |
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How many shares does StuartUK have?
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VolanicEruptor
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December 10, 2013, 02:13:36 AM |
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How many shares does StuartUK have?
from my experience with him in PM he is not a whale. Although, there really is no ActM whales left |
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CanadianGuy
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December 10, 2013, 04:02:44 AM
Last edit: December 13, 2013, 02:14:07 AM by CanadianGuy |
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waiting for my machine is everything looking good
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kleeck
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December 10, 2013, 04:07:00 AM |
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waiting for my platinum machine is everything looking good
Ken stated on IRC that they were assembling a lot of machines right now. When was your estimated delivery date? |
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Vigil
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December 10, 2013, 04:40:53 AM |
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I'm wondering how USD and other currencies can be exchanged in a decentralized manner through color coin. Or will that require Master coin or ripple? Of course this may be too off topic. |
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VolanicEruptor
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December 10, 2013, 04:47:32 AM |
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impressive.. they actually have a working version available for download. They just need to add security to the transactions, according to the thread.
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kslaughter (OP)
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December 10, 2013, 05:18:38 AM |
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I'm wondering how USD and other currencies can be exchanged in a decentralized manner through color coin. Or will that require Master coin or ripple? Of course this may be too off topic. Colored Coins can be used for any virtual asset. |
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Vigil
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December 10, 2013, 05:28:59 AM |
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I'm wondering how USD and other currencies can be exchanged in a decentralized manner through color coin. Or will that require Master coin or ripple? Of course this may be too off topic. Colored Coins can be used for any virtual asset. It seems confusing to use a colored bitcoin representing USD to buy a bitcoin because it would be a 1:1 exchange. |
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VolanicEruptor
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December 10, 2013, 05:32:06 AM |
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I'm wondering how USD and other currencies can be exchanged in a decentralized manner through color coin. Or will that require Master coin or ripple? Of course this may be too off topic. Colored Coins can be used for any virtual asset. It seems confusing to use a colored bitcoin representing USD to buy a bitcoin because it would be a 1:1 exchange. This has nothing to do with USD. A colored bitcoin is just a bitcoin that has been traced and so can carry other value to it (placed on it by the original owner). So if you have 10,000 shares, you will receive 10,000 colored satoshis from Ken |
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Vigil
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December 10, 2013, 05:56:11 AM |
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I'm wondering how USD and other currencies can be exchanged in a decentralized manner through color coin. Or will that require Master coin or ripple? Of course this may be too off topic. Colored Coins can be used for any virtual asset. It seems confusing to use a colored bitcoin representing USD to buy a bitcoin because it would be a 1:1 exchange. This has nothing to do with USD. A colored bitcoin is just a bitcoin that has been traced and so can carry other value to it (placed on it by the original owner). So if you have 10,000 shares, you will receive 10,000 colored satoshis from Ken I know. I am wondering how one could decentralize an exchange like Gox or BTC-e where Bitcoins are traded for USD. |
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Exocyst
Sr. Member
Offline
Activity: 266
Merit: 250
Science!
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December 10, 2013, 06:20:25 AM |
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The Crypto-Trade stage should consolidate ownership. I doubt there will be many new investors with 1k BTC prices, but existing owners will either be getting out or consolidating their positions. Either way my guess is there will be fewer Active Mining share holders on the other side of the Crypto-Trade when a colored coin solution is viable.
Serious Active Mining traders would be wise to explore the crypto-trade API now because I have worries about their server's ability to handle serious traffic: as described in the Crypto-Trade shareholder contract: "- Own 16 cores server to run the website" Perhaps since then they have created redundancies in database servers, bitcoind, web server, etc. but don't hold your breath.
Traffic issues could be mitigated to some degree by a significant time period (days) between transition of shares to Crypto-trade and re-opening of ActMining trading, but be prepared to see a lot of redirects to Koddos during initial trading.
It's like to be messy so get your swamp gear out: i.e. API calls with multiple points of origin & please use a VPN to sync your nodes to avoid HTTP POST redundancy (or you'll be contributing to the outage yourself). Serious BTCers ought to have considered such a set up for BTC/Fiat stop loss bots anyways or your simply giving cash away every time GOX / BTCChina is DDos'd and the price drop 20%.
Happy Hunting Active Miners.
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Jasun7211
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December 10, 2013, 06:30:21 AM |
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The Crypto-Trade stage should consolidate ownership. I doubt there will be many new investors with 1k BTC prices, but existing owners will either be getting out or consolidating their positions. Either way my guess is there will be fewer Active Mining share holders on the other side of the Crypto-Trade when a colored coin solution is viable.
Serious Active Mining traders would be wise to explore the crypto-trade API now because I have worries about their server's ability to handle serious traffic: as described in the Crypto-Trade shareholder contract: "- Own 16 cores server to run the website" Perhaps since then they have created redundancies in database servers, bitcoind, web server, etc. but don't hold your breath.
Traffic issues could be mitigated to some degree by a significant time period (days) between transition of shares to Crypto-trade and re-opening of ActMining trading, but be prepared to see a lot of redirects to Koddos during initial trading.
It's like to be messy so get your swamp gear out: i.e. API calls with multiple points of origin & please use a VPN to sync your nodes to avoid HTTP POST redundancy (or you'll be contributing to the outage yourself). Serious BTCers ought to have considered such a set up for BTC/Fiat stop loss bots anyways or your simply giving cash away every time GOX / BTCChina is DDos'd and the price drop 20%.
Happy Hunting Active Miners.
CT will handle the volume fine. CT was formed out of a server company. That's their real forte. |
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Exocyst
Sr. Member
Offline
Activity: 266
Merit: 250
Science!
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December 10, 2013, 07:01:32 AM |
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The Crypto-Trade stage should consolidate ownership. I doubt there will be many new investors with 1k BTC prices, but existing owners will either be getting out or consolidating their positions. Either way my guess is there will be fewer Active Mining share holders on the other side of the Crypto-Trade when a colored coin solution is viable.
Serious Active Mining traders would be wise to explore the crypto-trade API now because I have worries about their server's ability to handle serious traffic: as described in the Crypto-Trade shareholder contract: "- Own 16 cores server to run the website" Perhaps since then they have created redundancies in database servers, bitcoind, web server, etc. but don't hold your breath.
Traffic issues could be mitigated to some degree by a significant time period (days) between transition of shares to Crypto-trade and re-opening of ActMining trading, but be prepared to see a lot of redirects to Koddos during initial trading.
It's like to be messy so get your swamp gear out: i.e. API calls with multiple points of origin & please use a VPN to sync your nodes to avoid HTTP POST redundancy (or you'll be contributing to the outage yourself). Serious BTCers ought to have considered such a set up for BTC/Fiat stop loss bots anyways or your simply giving cash away every time GOX / BTCChina is DDos'd and the price drop 20%.
Happy Hunting Active Miners.
CT will handle the volume fine. CT was formed out of a server company. That's their real forte. I won't hold my breath based on blanket assertions—but it would be for the best if you are correct about their readiness. The API/website is a bit slow compared to what I'm used to at other alt-exchanges and that is under normal traffic. Their coind integration of deposits/withdrawals of BTC/PPC/XPM is superior in performance to Cryptsy and BTC-e who give me database/coind linkage issues all the freaking time. Honestly, I rate Crypto-Trade highly (excepting their low trade volume), I am just expecting a lot of action packed into about a 15 - 30 minute period. Be prepared and don't say you didn't have fair warning. Trading has been effectively choked since BitFunder locked out US Traders. There is massive pressure to relieve, and I suspect the balance of it is on the selling side. Crypto-Trade and their shareholders should benefit from the traffic either way. |
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