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

[Entropy-uc]

If you don't think these are a steal you haven't researched the company.

This price values us at a meagre 12 million USD for the entire 25mill shares.

I liked this price 9 months ago when I bought my shares. Right now, I'm not buying any more and I'm also not selling any (ha, as if I could!)

Difficulty went up 200 fold since then, and potential profitability went down by the same amount.  The only saving grace is the increase in bitcoin exchange rates.  But on top of the difficulty increase your company has failed to deliver on any of it's promises, the leadership has actively deceived you and the SEC has started investigating for securities violations.

[zefyr0s]

Seriously? If true does that mean that users that dont have 2fA activated can get their accounts wiped out from shares and bitcoins? Or was this a joke?

Actually I think this has happened previously.

[JoTheKhan]

Seriously? If true does that mean that users that dont have 2fA activated can get their accounts wiped out from shares and bitcoins? Or was this a joke?

Actually I think this has happened previously.

'

Who doesn't use 2FA? That is just nonsense though. Like if you have the money to invest in half of these companies. Go buy a cheap used Android/iPhone and use it for 2FA. You don't even need a contract, just wifi. No reception and it still works.

[damiano]

What a steal at these prices

[mainline]

...and plenty more where that came from.  Over 200k @.0005 4 U to snap up.

[kslaughter]

Just want to recover Active Mining BTC, while we can.  These are a bargain and should go very quick.

That implies little confidence that each share will receive .0005+ in dividends in a reasonable time frame. Otherwise THAT would be the best way to "recover Active Mining BTC".

You are not taking into account that Ukyo may do something legally to keep us from recovering our BTC.  So, that is why we are having a fire sale on these shares.

[navitatl]

You are not taking into account that Ukyo may do something legally to keep us from recovering our BTC.  So, that is why we are having a fire sale on these shares.

Why would that prevent him from doing something legally? Is it basically a "oops, already sold them" defense?

[int3ractivodular]

You are not taking into account that Ukyo may do something legally to keep us from recovering our BTC.  So, that is why we are having a fire sale on these shares.

Why would that prevent him from doing something legally? Is it basically a "oops, already sold them" defense?

Yeah I'd like to know this as well. The price being this low is already disconcerting enough.

[JoTheKhan]

@Ken can we get an update on share liquidation situation?

[SebastianJu]

Seriously? If true does that mean that users that dont have 2fA activated can get their accounts wiped out from shares and bitcoins? Or was this a joke?

Actually I think this has happened previously.

'

Who doesn't use 2FA? That is just nonsense though. Like if you have the money to invest in half of these companies. Go buy a cheap used Android/iPhone and use it for 2FA. You don't even need a contract, just wifi. No reception and it still works.

Right. I use 2FA. But i know there are plenty of users that dont. Especially noobs. And being able to log into an account someone other owns is a serious threat. I wonder how that happened.

Just want to recover Active Mining BTC, while we can.  These are a bargain and should go very quick.

That implies little confidence that each share will receive .0005+ in dividends in a reasonable time frame. Otherwise THAT would be the best way to "recover Active Mining BTC".

You are not taking into account that Ukyo may do something legally to keep us from recovering our BTC.  So, that is why we are having a fire sale on these shares.

I have to second the question... how will it help you if he sues and the shares are gone? At the end this little game might cost VMC even more than the 100BTC are worth. I dont see your logic behind but it looks a bit like being in the right and winning. More personal than that the 100 btc matters. Which would be a poor reason.

[kslaughter]

Seriously? If true does that mean that users that dont have 2fA activated can get their accounts wiped out from shares and bitcoins? Or was this a joke?

Actually I think this has happened previously.

'

Who doesn't use 2FA? That is just nonsense though. Like if you have the money to invest in half of these companies. Go buy a cheap used Android/iPhone and use it for 2FA. You don't even need a contract, just wifi. No reception and it still works.

Right. I use 2FA. But i know there are plenty of users that dont. Especially noobs. And being able to log into an account someone other owns is a serious threat. I wonder how that happened.

Just want to recover Active Mining BTC, while we can.  These are a bargain and should go very quick.

That implies little confidence that each share will receive .0005+ in dividends in a reasonable time frame. Otherwise THAT would be the best way to "recover Active Mining BTC".

You are not taking into account that Ukyo may do something legally to keep us from recovering our BTC.  So, that is why we are having a fire sale on these shares.

I have to second the question... how will it help you if he sues and the shares are gone? At the end this little game might cost VMC even more than the 100BTC are worth. I dont see your logic behind but it looks a bit like being in the right and winning. More personal than that the 100 btc matters. Which would be a poor reason.

If we have the shares and he sues, the court could keep us from selling the shares.  This way if he sues I have the 100 BTC to pay our legal fees.  If he sues, we would definitely counter sue for our 100 BTC that he owes us.  Since our chances to prevail on our counter suite would be very high, I think the chances of him suing us is very low.  Also, It takes cash to sue someone, and I don't think he has any, so he says.

[mainline]

...
If we have the shares and he sues, the court could keep us from selling the shares.  This way if he sues I have the 100 BTC to pay our legal fees.  If he sues, we would definitely counter sue for our 100 BTC that he owes us.  Since our chances to prevail on our counter suite would be very high, I think the chances of him suing us is very low.  Also, It takes cash to sue someone, and I don't think he has any, so he says.

Keep doin' what you're doing.  Do it *harder*, Ken, you know they love it, just too uptight to ask.
Oh god, how they love it, make them beg make them beg oh yeah umph ...
brb kleenex
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...
..
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OK, back.
Listen, Ken, don't bother explaining yourself to the trolls - that's exactly what they want you to do.
I and the rest of your long-term investors think you're doin' an awesome job.  We love watching you pwn the doubters and the unbelievers.
Weak hands will always lose, Ken, and nature favors the bold!
Your legal instincts are right on - go with them!

[SebastianJu]

So you hope he doesnt sue because he is too weak to sue... hm.


How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

[somestranger]

How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

You sign a message with your bitcoin address.

[JoTheKhan]

How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

You sign a message with your bitcoin address.

Uh. No that's for people who didn't send their shares to AMC-TENDER. You should have taken a screenshot of your transaction log to show how many shares you have, your username and what date/time you sent your shares to Ken.

[mainline]

So you hope he doesnt sue because he is too weak to sue... hm.
...

All this time you thought Ken was rescuing kittens to feed them rainbows...

I seem to recall someone suggesting otherwise.  A while back maybe?

[canth]

How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

You sign a message with your bitcoin address.

Uh. No that's for people who didn't send their shares to AMC-TENDER. You should have taken a screenshot of your transaction log to show how many shares you have, your username and what date/time you sent your shares to Ken.

Just checking - at this point we still aren't expected to do anything, are we? I have the screenshot, etc but Ken hasn't asked us to submit that or a signed message, right?

[knybe]

How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

You sign a message with your bitcoin address.

Uh. No that's for people who didn't send their shares to AMC-TENDER. You should have taken a screenshot of your transaction log to show how many shares you have, your username and what date/time you sent your shares to Ken.

Just checking - at this point we still aren't expected to do anything, are we? I have the screenshot, etc but Ken hasn't asked us to submit that or a signed message, right?

no but he sure is "trading" up a storm with the Uyko lien.

[canth]

How should i prove when i transferred the shares to amc-tender when i cant login to bitfunder anymore? There arent emails sent out too it seems.

You sign a message with your bitcoin address.

Uh. No that's for people who didn't send their shares to AMC-TENDER. You should have taken a screenshot of your transaction log to show how many shares you have, your username and what date/time you sent your shares to Ken.

Just checking - at this point we still aren't expected to do anything, are we? I have the screenshot, etc but Ken hasn't asked us to submit that or a signed message, right?

no but he sure is "trading" up a storm with the Uyko lien.

Everyone has to have priorities. Ken, can we expect a date by which the shares will be available for trading? This is not a complicated development project - is it reasonable to expect it to be done in the next 10 business days or so?

[JoTheKhan]

@Canth, yeah you don't need to do anything yet. Ken said 10 days ago he was going to begin the process 4 days ago. We need some kind of update about when it will begin.