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

[minerpart]

Every stock is pumped by someone. That's partly why .com type bubbles occur.

But on the other hand people also have genuine views and see business 'potentiality' where others may not.

You must have a personal view on where price will go. And some could say you are crazily optimistic  and pumping the stock. My views are based on solid maths and make sense to me. Annualised div payout is not hype, but ofcourse we don't yet know what annual divs will amount to.

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[zumzero]

Pump or not, Wednesdays are going to add a new dimension to things and it's only really Ken that can issue news which ultimately will move the price way beyond the limited effects of shareholder speculation.  I foresee this 28nm chip news to have an enormous effect on share price and this puts the potential 'sellers' in quite a predicament because we haven't got a clue when we will get the details and subsequent developmental updates.

Edit: is that a word minerpart?

[JoTheKhan]

Pump or not, Wednesdays are going to add a new dimension to things and it's only really Ken that can issue news which ultimately will move the price way beyond the limited effects of shareholder speculation.  I foresee this 28nm chip news to have an enormous effect on share price and this puts the potential 'sellers' in quite a predicament because we haven't got a clue when we will get the details and subsequent developmental updates.

Edit: is that a word minerpart?

Clearly every new investor in this company has insider information about how this company is on the launch pad to shoot for the moon (which is totally bogus), So Ken might be the only person to issue verified news but the pump and dumping is omnipresent.

[zumzero]

I'm glad you agree.

[minerpart]

Edit: is that a word minerpart?

I looked it up. Yes, 'potentiality' IS a real word.  And ACtM has ooodles of it. 

[VolanicEruptor]

Something seems kind of rotten about allowing the CEO to be first in line to sell shares to ready buyers.  That pushes the price down for us.  The fair move would have been to just destroy the shares, then the vale distribution to shareholders would be automatic.  So if this wasn't the move Ken made, then what exactly is he funding now?

[JoTheKhan]

Something seems kind of rotten about allowing the CEO to be first in line to sell shares to ready buyers.  That pushes the price down for us.  The fair move would have been to just destroy the shares, then the vale distribution to shareholders would be automatic.  So if this wasn't the move Ken made, then what exactly is he funding now?

Completely agree with the bolded line. Every share should have been on the exchange before any buying or selling took place. Ken should have then (if he must) sell the shares for the market value. Not these premium Pump values.

[VolanicEruptor]

something about this seems completely wrong and illegal, just the way he's doing this

hasn't he ripped us off enough?  Why does Ukyos problem become ours by devaluation of our shares?

[Vigil]

Aren't these shares part of the original 10,000,000?

[VolanicEruptor]

Aren't these shares part of the original 10,000,000?

of course they are.

[minerpart]

Yep Uyko's shares, part of the 10Mill and if Uyko had them he'd probablly be desperate for BTC and selling them himself for 0.0025.

So ken puting them at 0.01 is doing us no harm whatsoever.

[JoTheKhan]

Aren't these shares part of the original 10,000,000?

of course they are.

Yup they are Ukyo's shares.

[Nootnewbie]

Is there going to be an update today?

[zumzero]

Hey noot,

That happened a day early.  Check back a few pages and you will come across the announcement from Ken and the discussion that follows.  Ken made a few posts himself in that discussion.

https://bitcointalk.org/index.php?topic=297503.8120

[VolanicEruptor]

Yep Uyko's shares, part of the 10Mill and if Uyko had them he'd probablly be desperate for BTC and selling them himself for 0.0025.

So ken puting them at 0.01 is doing us no harm whatsoever.

You think he's actually going to sell any for .01?  Of course not.
My prediction : He will keep lowering that price until he sells them.  Watch.

[Bitdust]

...he'd probablly be desperate for BTC and selling them himself for 0.0025.
...

Calling .0025 "desperate" has a desperate quality all of its own

[keepinithamsta]

Yep Uyko's shares, part of the 10Mill and if Uyko had them he'd probablly be desperate for BTC and selling them himself for 0.0025.

So ken puting them at 0.01 is doing us no harm whatsoever.

You think he's actually going to sell any for .01?  Of course not.
My prediction : He will keep lowering that price until he sells them.  Watch.

I would love to sell my shares for 0.01 each.  Unfortunately, I don't see it happening until we have proof of something.

[babybonobo]

I just caught up on the thread, and thought I'd log in to repeat that I'm still full bull I'm not planning on selling any shares, but I hope that some paranoid neckbeard fleecing happens next week  

[Jasun7211]

Just added more funding to CT in case some panic happens

[SebastianJu]

Thats it pretty much. I dont see why shareholders rejoice. Difficulty is the biggest enemy and each month we start to mine later our profits are cut 50%. Each month.

Not if we sell chips. The higher difficulty goes the more that chips will be in demand. If difficulty stayed the same demand for chips would be very low.

Chips are the new shovels. And we have an excellent budget option on the way AND a top notch 28nm soon after.

I see your thought behind but its a thinking error. Its not a question of if we earn from mining + sales. Its if producing of miners is cheap enough to make a profit with mining. Selling miners to endusers happens when its profitable enough for them. Of course they pay mostly more than they should. Then the chips. A chip buyer first needs a miner design. Then he needs to assemble the miners. And for sure these miners will be more expensive at the end than the miners ActM can create at cost for selfmining. So when selfmining isnt profitable anymore for ActM then only customers that dont know how to calculate in bitcoin world would buy these chips. Assembling might be cheaper than buying complete miners but the problem is the point were this isnt profitable anymore.

Can we just give Ken a little credit for pursuing other avenues for a second? He knows what cost these chips are getting produced at and he obviously thinks there is a lot of money to be made otherwise he would have just waited for the custom 28nm from  eAsic.

Let's just give the guy a break he is clearly doing everything he can to make this a success as an investor that's all you can ever ask.

I hope thats sarcasm. Otherwise i wonder if you really await that ken magically exceeds the limits of technology by far.