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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]  (Read 771076 times)
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zumzero
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January 22, 2014, 02:39:10 PM
 #8101

Please don't throw stuff like that around DTS without evidence.  That sort of guessing just stirs up shit.

Look at the BF records for a shareholder with that exact number of shares, before starting rumours.

Edit: DTS's post above has been edited to remove his speculation.

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wasubii
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January 22, 2014, 02:40:17 PM
 #8102

Exactly. Perhaps we can have some clarification from the big man himself....ken?
drawingthesun
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January 22, 2014, 02:42:24 PM
 #8103

Ok I edited my post, although some of that 200,000+ is certainly UKYO's
Bitdust
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January 22, 2014, 02:45:08 PM
 #8104

how many shares were seized from Ukyo?

It looks like 232,000. Unless that includes Ken's personal 100,000  shares he bought with his own money.

zumzero is going to snap up those shares if you don't ACT NAO!!1!
drawingthesun
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January 22, 2014, 02:46:55 PM
 #8105

zumzero is going to snap up those shares if you don't ACT NAO!!1!

This brings up an interesting point, I wonder how many ActM investors have several thousand Bitcoin?
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January 22, 2014, 02:51:28 PM
 #8106

zumzero is going to snap up those shares if you don't ACT NAO!!1!

This brings up an interesting point, I wonder how many ActM investors have several thousand Bitcoin?

Tomorrow all of you will be fabulously wealthy.  To the idlers on the sidelines:  Buy buy buy buy!!!!!11
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January 22, 2014, 02:53:10 PM
 #8107

Is everyone too lazy to look up a cached version of BF to find a shareholder with 232,000 shares in the asset list then?

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January 22, 2014, 02:57:39 PM
 #8108

Is everyone too lazy to look up a cached version of BF to find a shareholder with 232,000 shares in the asset list then?

Who cares?  Ken put up a bunch of shares on Crypto-Trade.  Shares are shares.  Yours are no different from Ukyo's.  If push comes to shove, Ken could claim the shares are his.  Until he explicitly states that the shares are Ukyo's, this is just more diversionary muppetry.
VolanicEruptor
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January 22, 2014, 03:02:56 PM
 #8109

55nm?  Isn't that what the dinosaurs used to hash?

stenkross
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January 22, 2014, 03:04:13 PM
 #8110

If this is your starting point then you need to go a few layers deeper, then read VE's post again.  I will say no more.

Ahhh, got it.
Shares are worth 0.01 because of:

I expect nothing new out of the meeting.
We are a month away from even getting an estimate on when the chips might arrive.

My prediction: June 2015.

June 2015??  Are you nuts?  It will take at LEAST 3 years from seeing a chip.  And that's even with SuperMagnoIntelllicopters .. er... "intellihash"
snowdropfore
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January 22, 2014, 03:04:38 PM
 #8111

Is everyone too lazy to look up a cached version of BF to find a shareholder with 232,000 shares in the asset list then?

Who cares?  Ken put up a bunch of shares on Crypto-Trade.  Shares are shares.  Yours are no different from Ukyo's.  If push comes to shove, Ken could claim the shares are his.  Until he explicitly states that the shares are Ukyo's, this is just more diversionary muppetry.

the question is why the sell price is at0.01,why not 0.005?0.004?

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Thumper650
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January 22, 2014, 03:08:30 PM
 #8112

Is everyone too lazy to look up a cached version of BF to find a shareholder with 232,000 shares in the asset list then?

Who cares?  Ken put up a bunch of shares on Crypto-Trade.  Shares are shares.  Yours are no different from Ukyo's.  If push comes to shove, Ken could claim the shares are his.  Until he explicitly states that the shares are Ukyo's, this is just more diversionary muppetry.

the question is why the sell price is at0.01,why not 0.005?0.004?

Why not?  No one would buy @.004 either, and .01 looks more impressive.  And shows Ukyo that Ken's Serious Bizniz.
kleeck
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January 22, 2014, 03:10:05 PM
 #8113

Is everyone too lazy to look up a cached version of BF to find a shareholder with 232,000 shares in the asset list then?

Who cares?  Ken put up a bunch of shares on Crypto-Trade.  Shares are shares.  Yours are no different from Ukyo's.  If push comes to shove, Ken could claim the shares are his.  Until he explicitly states that the shares are Ukyo's, this is just more diversionary muppetry.

Is that not what Ken said?

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

We will start moving Investors shares to Crypto-Trade within the next 7 days.



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JoTheKhan
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January 22, 2014, 03:14:51 PM
 #8114

Is everyone too lazy to look up a cached version of BF to find a shareholder with 232,000 shares in the asset list then?

Who cares?  Ken put up a bunch of shares on Crypto-Trade.  Shares are shares.  Yours are no different from Ukyo's.  If push comes to shove, Ken could claim the shares are his.  Until he explicitly states that the shares are Ukyo's, this is just more diversionary muppetry.

Is that not what Ken said?

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

We will start moving Investors shares to Crypto-Trade within the next 7 days.



If this is the case and Ken is adamant about recouping the loses ( I am completely against selling any of Ukyo's Shares ) then Ken should sell just enough shares to cover the loses. That is it. He/We did not lose 2320 Bitcoins. Apparently we lost like 100ish or 60ish or w/e. So he should sell just enough shares to recover those loses and Ukyo should be able to claim the rest of his shares. Greed has taken a hold of you guys.
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January 22, 2014, 03:16:48 PM
 #8115

Is everyone too lazy to look up a cached version of BF to find a shareholder with 232,000 shares in the asset list then?

Who cares?  Ken put up a bunch of shares on Crypto-Trade.  Shares are shares.  Yours are no different from Ukyo's.  If push comes to shove, Ken could claim the shares are his.  Until he explicitly states that the shares are Ukyo's, this is just more diversionary muppetry.

Is that not what Ken said?

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

We will start moving Investors shares to Crypto-Trade within the next 7 days.



I'm afraid Ken exploits vagueness of the English language to plant doubt and confusion amongst the hoi polloi.  Who can forget the lulzy "we're shipping product"?
"We are selling Ukyo shares on Crypto-Trade" is similarly open to interpretation.  
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January 22, 2014, 03:18:47 PM
 #8116

Is 2.5W for 1.9GH/s at the chip level, or the estimated draw at the wall?
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January 22, 2014, 03:21:34 PM
 #8117

Is 2.5W for 1.9GH/s at the chip level, or the estimated draw at the wall?

Estimated draw at the wall means estimation? I think its an estimate as the chips were just tape-out or w/e yesterday.
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January 22, 2014, 03:22:56 PM
 #8118

Is everyone too lazy to look up a cached version of BF to find a shareholder with 232,000 shares in the asset list then?

Who cares?  Ken put up a bunch of shares on Crypto-Trade.  Shares are shares.  Yours are no different from Ukyo's.  If push comes to shove, Ken could claim the shares are his.  Until he explicitly states that the shares are Ukyo's, this is just more diversionary muppetry.

Is that not what Ken said?

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

We will start moving Investors shares to Crypto-Trade within the next 7 days.



If this is the case and Ken is adamant about recouping the loses ( I am completely against selling any of Ukyo's Shares ) then Ken should sell just enough shares to cover the loses. That is it. He/We did not lose 2320 Bitcoins. Apparently we lost like 100ish or 60ish or w/e. So he should sell just enough shares to recover those loses and Ukyo should be able to claim the rest of his shares. Greed has taken a hold of you guys.

My understanding of the situation is that this is a forced sale where Ken would recover his losses and the rest would go to Ukyo and he would distribute it evenly to everyone that is still waiting for BTC from him.

Is 2.5W for 1.9GH/s at the chip level, or the estimated draw at the wall?

Most likely chip level
Ozymandias
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January 22, 2014, 03:26:11 PM
 #8119

Is 2.5W for 1.9GH/s at the chip level, or the estimated draw at the wall?

Very likely to be chip level.

It certainly wouldn't be a market leader (even by 55nm standards) but the people are clamoring for shovels (while simultaneously bemoaning the greatly exaggerated death of mining)
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January 22, 2014, 03:32:23 PM
 #8120

Two points:

1) Market leading chips also tend to be the most expensive, we should have a decent (custom) chip that we can sell at a decent price. That to me smells of success.

2) From the price we are paying for power we can mine just these 55nm chips ourselves in huge amounts and generate good coin.





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