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

[Stuartuk]

The only way our shares will ever be worth something if they are put onto some kind of market.  

 Please continue discussing it.

We are about to go live on CryptoTrade aren't we? Doesn't that constitute 'some kind of market'? I thought that was the idea behind Ken spending 2 weeks coding and sorting out the legalities of this new exchange for ACtM?

So does every little development in Coloured Coins need to be discussed when we will be on CT in a few days? Isn't there a thread for Coloured Coins somewhere?

So the official latest on a coloured coins wallet is-
'only a preview (alpha) version for hardcore enthusiats is available.'
So the news is -  they are still working on it.

If there is anything to discuss please begin.

[JoTheKhan]

The only way our shares will ever be worth something if they are put onto some kind of market.  

 Please continue discussing it.

We are about to go live on CryptoTrade aren't we? Doesn't that constitute 'some kind of market'? I thought that was the idea behind Ken spending 2 weeks coding and sorting out the legalities of this new exchange for ACtM?

So does every little development in Coloured Coins need to be discussed when we will be on CT in a few days? Isn't there a thread for Coloured Coins somewhere?

So the official latest on a coloured coins wallet is-
'only a preview (alpha) version for hardcore enthusiats is available.'
So the news is -  they are still working on it.

If there is anything to discuss please begin.

Crypto Trade is not a long term solution. Either it's going to get shutdown. The person running it is going to disappear. Some sort of scam is going to come through and fuck enough people or the wrong people over and all the shit is going to hit the fan or something else is going to happen. This is inevitable. Crypto Trade is Ken pandering to the investors until something like Colored Coins comes along. (This being the main reason I did not want Ken wasting time working on this).

[Stuartuk]

Not sure how long CT has been up but the operators of it have been established for 5 years so they are unlikely to do a Ukyo. And as we know they are well out of the reach of the US SEC in HK - so I don't think we will be moving to coins anytime soon. Would Ken spend 2 weeks working on this tender site and scrutinising the legal side of us on CT if it were only a short-term move? I can see us being there for 3 months quite easily.

edit - Ken has responsibilities to his shareholders and he must make efforts to allow for the trading of shares. He's taken that duty seriously, only a negligent CEO would allow public share trading to lapse and then treat it as a side issue. Ken is capable enough to put enough into the business as well as this issue without compromising our time to market.

[VolanicEruptor]

The only way our shares will ever be worth something if they are put onto some kind of market.  

 Please continue discussing it.

We are about to go live on CryptoTrade aren't we? Doesn't that constitute 'some kind of market'? I thought that was the idea behind Ken spending 2 weeks coding and sorting out the legalities of this new exchange for ACtM?

So does every little development in Coloured Coins need to be discussed when we will be on CT in a few days? Isn't there a thread for Coloured Coins somewhere?

So the official latest on a coloured coins wallet is-
'only a preview (alpha) version for hardcore enthusiats is available.'
So the news is -  they are still working on it.

If there is anything to discuss please begin.

What are you complaining about, exactly?  Color coins and crypto trade is ActM related so it can be discussed here.  Simple.
And we have no idea whether or not we are about to go live on crypto-trade.  Ken doesn't seem to accomplish his objectives on time..

[Stuartuk]

In essence, this isn't the thread for discussing every little CC development. Sure let's talk in a general manner about CC and how it may benifit us down the line but do we need to discuss every evaluation alpha or beta release when we have imminent plans to implement on a different platform? But if you want to talk about an alpha CC wallet that we may never use feel free, I won't interfere and its only your own time you're wasting.

[VolanicEruptor]

In essence, this isn't the thread for discussing every little CC development. Sure let's talk in a general manner about CC and how it may benifit us down the line but do we need to discuss every evaluation alpha or beta release when we have imminent plans to implement on a different platform? But if you want to talk about an alpha CC wallet that we may never use feel free, I won't interfere and its only your own time you're wasting.

Are we children?  You're like a little girl who would budge her way into the group of kids and yell "NO!  THIS IS HOW YOU PLAY!"
Okay StuartUK, we'll try to play properly! 
LOL.  Obviously if somebody wants to discuss colored coins, they don't feel they are wasting their time. 
If everyone talked exactly like StuartUK, I wouldn't even bother coming on here.  Please, keep up the variance.. i don't want to just hear "0.04, to the moon!" every fucking day.

[finlof]

In essence, this isn't the thread for discussing every little CC development. Sure let's talk in a general manner about CC and how it may benifit us down the line but do we need to discuss every evaluation alpha or beta release when we have imminent plans to implement on a different platform? But if you want to talk about an alpha CC wallet that we may never use feel free, I won't interfere and its only your own time you're wasting.

Are we children?  You're like a little girl who would budge her way into the group of kids and yell "NO!  THIS IS HOW YOU PLAY!"
Okay StuartUK, we'll try to play properly! 
LOL.  Obviously if somebody wants to discuss colored coins, they don't feel they are wasting their time. 
If everyone talked exactly like StuartUK, I wouldn't even bother coming on here.  Please, keep up the variance.. i don't want to just hear "0.04, to the moon!" every fucking day.

you mean we arent actually going to hit 0.04?  i had so much faith in StuarkUK's speculation math...

[VolanicEruptor]

It's really hard for me to stay positive about ActM with the idiots in here.  They make me want to troll.

[zumzero]

Please don't share your every thought with us VE it's just too much.  You seem to thrive off confrontation, but it's selfish because you are subjecting people to the drudgery of having to read these lame rows you get involved in.  Also, have you any idea how childish you sound by threatening to start trolling again?  FFS just pick your side and stick to it instead of bouncing off the walls like a demented school kid who's eaten too many E numbers.

[kleeck]

It's really hard for me to stay positive about ActM with the idiots in here.  They make me want to troll.

The people who post here are not ActM.

Stay classy.

[drawingthesun]

It's really hard for me to stay positive about ActM with the idiots in here.  They make me want to troll.

Well what do you expect? With no information there isn't much to post about so most of us are watching this thread only. Sometimes I respond to bad arguments being made but apart from that I am content with my knowledge thread.

Hint: The people still posting are going to have poor arguments because they must be making up drivel due to the fact that no new information has entered the system.

VE, all the non-idiot posters have mostly stopped posting.

[drawingthesun]

you mean we arent actually going to hit 0.04?  i had so much faith in StuarkUK's speculation math...

Disregarding the point about ActiveMining being worth $1,000,000,000 all securities prices are a combination of math and speculation. This applies to every company on the Earth.

Even if a company has a solid fundamental reason for being worth what it is, the marketplace at large, (people) will move the price based on factors such as emotion, faith, wishful thinking and this can counter even the most solid math to price a share.

Shares are a combination of faith based and evidence based pricing models.

[VolanicEruptor]

It's now Sunday, and our shares are still worthless because we are not on an exchange.
The inability to trade our shares means that we have no access to the Bitcoins they represent, which in turns means we have been defrauded.

If the ability does not exist to get our shares verified, then I doubt the ability exists to make anything else successful.


  

[drawingthesun]

It's now Sunday, and our shares are still worthless because we are not on an exchange.
The inability to trade our shares means that we have no access to the Bitcoins they represent, which in turns means we have been defrauded.

If the ability does not exist to get our shares verified, then I doubt the ability exists to make anything else successful.


  

I really want to trade my shares. I don't understand why it has taken so long. This has been over 2 weeks now.

Ken can you just manually start adding us?

[babybonobo]

I am also very eager, as is everyone else...now that the arguing and bickering has finally subsided I feel like I can finally talk...

I tried out the Chroma Wallet today for Colored Coins and it's fairly intuitive and simple--not bloated like Mastercoin. I was able to create monikers for assets and put up bids and asks for them with bitcoins from testnet!  Honestly, I believe that Colored Coins has serious potential positive ramifications for the finance industry.  My only longterm con with it is its speed (TPS)...yes I know that bitcoin's transactions per second will eventually be upped when the network is stronger, but I am unsure if the speed of Colored Coins will ever be able to match something like the NASDAQ in speed, while also supporting inevitable future network growth.

I'm not sure how I feel about Crypto-Trade.com...I know I'm not going to trade my shares away, but I may consider buying some more there.  I hope we can have direct ownership or transfer easily.  I don't like the idea of a centralized trading platform just because of what's been happening this year with all the shutdowns, but it is a good solution for the meantime and it's definitely better than just waiting for Colored Coins.  Honestly, though...I'm foaming at the mouth for Colored Coins--it's genius IMO.

[drawingthesun]

I am also very eager, as is everyone else...now that the arguing and bickering has finally subsided I feel like I can finally talk...

I tried out the Chroma Wallet today for Colored Coins and it's fairly intuitive and simple--not bloated like Mastercoin. I was able to create monikers for assets and put up bids and asks for them with bitcoins from testnet!  Honestly, I believe that Colored Coins has serious potential positive ramifications for the finance industry.  My only longterm con with it is its speed (TPS)...yes I know that bitcoin's transactions per second will eventually be upped when the network is stronger, but I am unsure if the speed of Colored Coins will ever be able to match something like the NASDAQ in speed, while also supporting inevitable future network growth.

I'm not sure how I feel about Crypto-Trade.com...I know I'm not going to trade my shares away, but I may consider buying some more.  I don't like the idea of a centralized trading platform just because of what's been happening this year with all the shutdowns, but it is a good solution for the meantime and it's definitely better than just waiting for Colored Coins.  Honestly, though...I'm foaming at the mouth for Colored Coins--it's genius IMO.

I assume the coloured coins can be loaded onto a central exchange like bitcoin can be and then traded much faster. Of course they could be loaded onto an exchange like Bitcoin is so no action is ever required by the issuer.

[Stuartuk]

It's now Sunday, and our shares are still worthless because we are not on an exchange.
The inability to trade our shares means that we have no access to the Bitcoins they represent, which in turns means we have been defrauded.

If the ability does not exist to get our shares verified, then I doubt the ability exists to make anything else successful.


  

Your critique of my point is valid, and I think you raise a very relevant and on-topic point here. I will stop posting my views, as I'm clearly not allowed to, and bow down to the wisdom of posts like yours. Fantastic post VE, really makes sense, your logic is infallible, your evidence is flawless.

Hang on...your support has turned to Trolling at the flip of a switch. Looks like you have just belittled and undermined your entire history on here - your posts are just emotional little tantrums with no thought or analysis behind them. Ironic with you talking about acting like a little girl.

[Stuartuk]

you mean we arent actually going to hit 0.04?  i had so much faith in StuarkUK's speculation math...

That's your first contribution to the thread in quite a while finflof. A worthy post to throw into the ring. You are adding real quality to the discussions on here.

No one mentioned price target, but dont worry, if you never miss an opportunity to stamp on someone's point then run back under your rock you will be doing well. Keep up the good work.

[VinceSamios]

ActM should partner with CloudHashing....

Benefit for CloudHashing - well, they are currently buying expensive gear from others
Benefit for ActM - CloudHashing would provide revenue for massive expansion.

It's a very interesting idea if you think about it. ActM could provide hardware an a JV basis to CloudHashing, the instant return nature of CloudHashing (ie. people pay up-front) would mean the flow of cash back into ActM hardware would be phenomenal... Even at only 10% markup to CloudHashing no hardware costs it would be a super sexy cashflow cycle.

That, or ActM should rent out its own hashing power independently (possibly a better, although more complex, solution)

[VinceSamios]

ActM should partner with CloudHashing....

Benefit for CloudHashing - well, they are currently buying expensive gear from others
Benefit for ActM - CloudHashing would provide revenue for massive expansion.

It's a very interesting idea if you think about it. ActM could provide hardware an a JV basis to CloudHashing, the instant return nature of CloudHashing (ie. people pay up-front) would mean the flow of cash back into ActM hardware would be phenomenal... Even at only 10% markup to CloudHashing no hardware costs it would be a super sexy cashflow cycle.

That, or ActM should rent out its own hashing power independently (possibly a better, although more complex, solution)

Actually, ActM should just offer cloud hashing.