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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]  (Read 771266 times)
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mainline
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February 11, 2014, 06:31:15 PM
 #9861

if indeed it is poof, that's an expensive education.  and to think we as shareholders funded that...

When you're on the bleeding edge of disruptive technology...
minerpart
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February 11, 2014, 06:43:56 PM
 #9862

We certainly shouldn't jump to conclusions (though who am I kidding, that's what this entire thread is about and I myself have been guilty of this countless times), but I would like to know the answer to that question.

We will never know the cost implications because eASIC won't allow them to be released.

All we do know is that eASIC are designing the custom 28nm and at the same time Ken has said we are in a 'fantastic' financial position. That does not say to me that we have had to fork out another 1Mill. So clearly eASIC are moving forward with the full-custom without any significant extra dollar input from ACtM.
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February 11, 2014, 06:45:55 PM
 #9863

So Ukyo shares are all sold...  Now what?  
Exciting stuff!
zumzero
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February 11, 2014, 06:46:19 PM
 #9864

ALL SHARES SOLD AT 0.0005!

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VinceSamios
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February 11, 2014, 06:48:39 PM
 #9865

Why would you think that?

Well I'll put it this way. I don't think the move from 45nm to 28nm - which has taken eASIC 3 years - comes without a need for new equipment for their inhouse engineers.

If you know any different let me know but it's a bit of a side issue and I think you are just trying to start an argument??

It is all a bit moot though, as it seems pretty unlikely eASIC is involved with the 28nm design.

If this is, in fact, the case, the 1mil NRE to eASIC would be considered, for lack of better term, poof?
if indeed it is poof, that's an expensive education.  and to think we as shareholders funded that...

eASIC is doing the 28nm chip - it is not poof, your brain cells are poof.

our Project manager and engineers working with eASIC on our 28nm custom chip.  

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
minerpart
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February 11, 2014, 06:52:05 PM
 #9866

ALL SHARES SOLD AT 0.0005!

Good. Now that would have been over a LOT quicker if it wasn't for all the girls on here listening to the Trolls. Like A WEEK ago.
Ozymandias
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February 11, 2014, 06:52:42 PM
 #9867


eASIC is doing the 28nm chip - it is not poof

our Project manager and engineers working with eASIC on our 28nm custom chip.  

This part was welcome

your brain cells are poof.

This part, even if accurate, was unwarranted
VinceSamios
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February 11, 2014, 06:58:55 PM
 #9868


eASIC is doing the 28nm chip - it is not poof

our Project manager and engineers working with eASIC on our 28nm custom chip. 

This part was welcome

your brain cells are poof.

This part, even if accurate, was unwarranted

You'll forgive me if I've lost patience with all the panty wetting FUD.

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
Ozymandias
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February 11, 2014, 07:06:36 PM
 #9869


eASIC is doing the 28nm chip - it is not poof

our Project manager and engineers working with eASIC on our 28nm custom chip. 

This part was welcome

your brain cells are poof.

This part, even if accurate, was unwarranted

You'll forgive me if I've lost patience with all the panty wetting FUD.

Absolutely understandable. I have no interest in FUD as I've got a not insignificant amount of money riding on this. I used to be a borderline cheerleader but then stepped back my enthusiasm a bit as less than awesome news was coming out. Though now that we're getting more concrete info, I've more or less returned and am trying to catch up a bit.
finlof
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February 11, 2014, 07:22:02 PM
 #9870

ALL SHARES SOLD AT 0.0005!

Good. Now that would have been over a LOT quicker if it wasn't for all the girls on here listening to the Trolls. Like A WEEK ago.
yeah it's all the "girls" that caused the shares to not sell...
DeadwoodDan
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February 11, 2014, 07:26:41 PM
 #9871

ALL SHARES SOLD AT 0.0005!

Good. Now that would have been over a LOT quicker if it wasn't for all the girls on here listening to the Trolls. Like A WEEK ago.
yeah it's all the "girls" that caused the shares to not sell...

Girls, go to your rooms and be quiet, Daddy's been investing again!

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zumzero
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February 11, 2014, 07:29:58 PM
 #9872

ALL SHARES SOLD AT 0.0005!

Good. Now that would have been over a LOT quicker if it wasn't for all the girls on here listening to the Trolls. Like A WEEK ago.
yeah it's all the "girls" that caused the shares to not sell...

Why are you so confrontational all the time?  Dry your eyes for Christ's sake, no one cares, lol.

I've yet to read a post of yours that discusses ActM, instead all you seem to do is jump into other discussions and try to fight other people's battles when in fact all you end up doing is inflaming the situation.

https://mybitcoin.garden
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Truffix
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February 11, 2014, 07:39:06 PM
 #9873

Let the trading begin...
http://hammerandnigel.com/files/2013/05/creepy-guy600.jpg
MilkyLep
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February 11, 2014, 07:45:00 PM
 #9874

For anyone keeping track at home:

392128 / 25000000 Outstanding

Either you own the bitcoins(private keys) or you don't. However with moneroj, nobody knows what you own.
Secure. Private. Untraceable.
JoTheKhan
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February 11, 2014, 07:51:04 PM
 #9875

For anyone keeping track at home:

392128 / 25000000 Outstanding

17K higher than yesterday. Think we'll break 450k Before the announcement tomorrow?
JimmyJazz
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February 11, 2014, 08:00:44 PM
 #9876

For anyone keeping track at home:

392128 / 25000000 Outstanding

Once again, anyone know the cause?
finlof
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February 11, 2014, 08:01:13 PM
 #9877

ALL SHARES SOLD AT 0.0005!

Good. Now that would have been over a LOT quicker if it wasn't for all the girls on here listening to the Trolls. Like A WEEK ago.
yeah it's all the "girls" that caused the shares to not sell...

Why are you so confrontational all the time?  Dry your eyes for Christ's sake, no one cares, lol.

I've yet to read a post of yours that discusses ActM, instead all you seem to do is jump into other discussions and try to fight other people's battles when in fact all you end up doing is inflaming the situation.
I'm confrontational?  so what exactly does accusing DTS of crashing the price and preventing share trading qualify as?  you again have proven you are a fucking moron.  your sole purpose on this forum is to redirect focus off Ken and onto other people.

and about this I dont discuss ActM bullshit...  gee whiz dude... very short memory.  All of Ken's Wed update last week was in response to the 8 questions I asked him.  I'm one of probably 5 or so people on this thread that dont succumb to yours and others' dumbass postings and dont get sucked into the trolling of the other types of posters.  please put me on ignore if you dont like or cant remember my contributions.  your "contributions" consist of bullshit projections and fairytale dreams.  i've said it many times and i'll say it again - just because you need/want/hope/expect/etc ActM to succeed and make you rich doesnt mean that it will happen.  and just because Ken (or any CEO of any company) says something is going to happen doesnt mean it will happen.  I would take any projections and announcements Ken gives with a grain of salt, especially when you consider his track record.
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February 11, 2014, 08:08:47 PM
 #9878

ALL SHARES SOLD AT 0.0005!

Good. Now that would have been over a LOT quicker if it wasn't for all the girls on here listening to the Trolls. Like A WEEK ago.
yeah it's all the "girls" that caused the shares to not sell...

Why are you so confrontational all the time?  Dry your eyes for Christ's sake, no one cares, lol.

I've yet to read a post of yours that discusses ActM, instead all you seem to do is jump into other discussions and try to fight other people's battles when in fact all you end up doing is inflaming the situation.
I'm confrontational?  so what exactly does accusing DTS of crashing the price and preventing share trading qualify as?  you again have proven you are a fucking moron.  your sole purpose on this forum is to redirect focus off Ken and onto other people.

and about this I dont discuss ActM bullshit...  gee whiz dude... very short memory.  All of Ken's Wed update last week was in response to the 8 questions I asked him.  I'm one of probably 5 or so people on this thread that dont succumb to yours and others' dumbass postings and dont get sucked into the trolling of the other types of posters.  please put me on ignore if you dont like or cant remember my contributions.  your "contributions" consist of bullshit projections and fairytale dreams.  i've said it many times and i'll say it again - just because you need/want/hope/expect/etc ActM to succeed and make you rich doesnt mean that it will happen.  and just because Ken (or any CEO of any company) says something is going to happen doesnt mean it will happen.  I would take any projections and announcements Ken gives with a grain of salt, especially when you consider his track record.

I am discussing this with Ken in private. I've posted his last response to me in this thread, but I think it got lost. Here it is again:

Ken,

It seems that you are avoiding your shareholder's concern regarding not having access to their shares for a number of months now. I'd like to reiterate that this is not acceptable behavior, but that isn't why I'm writing you this afternoon.

A number of us have noticed that the "outstanding" share value on Crypto-Trader has been incrementing as the Ukyo share wall has been eaten up. Why is this happening?

Thanks,
Kleeck

It would seem to me, that CT does not count AMC own shares as outstanding, so as they are sold the number of outstanding starts goes up.

I have followed up with this:

Quote
It would seem to me, that CT does not count AMC own shares as outstanding, so as they are sold the number of outstanding starts goes up.

Ken,

The problem here is that as shares are sold to investors they are also added to the outstanding share value, which dilutes the share value as it effectively creates an extra share for each sold. Currently CT states that ActM has nearly 400,000 outstanding shares (392128 / 25000000 Outstanding). This is a significant increase in outstanding shares. How many shares are actually outstanding?

Thanks,
Kleeck


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zumzero
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February 11, 2014, 08:16:41 PM
 #9879

Think what you like finfloss but I have given Ken a hard time publicly and in a strongly worded pm which he hasn't replied to (that's a first) over the last few days.  I know it's really hard for some of you to accept that zumzero is capable of this as it doesn't fit with the notion that I might be anything other than either a Slaughter or a paid shill.

I'm not going to ignore you, I just seem to gloss over when I start reading your posts so apologies if I don't remember your  constructive contributions.  I would love to argue my case here, but I genuinely loose all motivation when you challenge me like this, but hey-ho onwards and upwards.

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February 11, 2014, 08:28:01 PM
 #9880

Hey finlof I credited you at last twice on the thread with your list of questions as they were good but you ignored that and instead tell me I'm a 'fuckin moron'. So I really don't get you. You are so confrontational it's actually quite funny. You must have some Scottish blood in you.

Personally I know -you- are a moron but I wouldn't say that as you must get it a lot.  I mean you don't seem to understand how a large shareholder saying they are going to dump their shares at 0.0002 could possibly effect current spot price of 150% higher. That is as  ludicrous as your angry outbursts and insulting and threatening PM's. Please sell up soon as trading starts and go find someone else to be angry at. Mucho grasias.
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