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

[mainline]

@KingCrimson I hear you, I was even calling Labcoin a scam. Their lack of communication was not nearly as bad as Ken's at Ken's worst points.
...
He paid Divs from his own miners for months (Or so I've heard, I've only been around since August though I have collected Divs from then).

Sure.  So was Labcoin.

Ken has been here for months after he collected any money.

...and so has Labcoin.

...And I see this again with his mention of (20nm).

That's called "testing the water."  If people didn't jump down his throat, he would gladly promise 20nm tomorrow instead of 28nm today.  Buys him more time without any effort.

...Ken is still here. Scammers slowly/quickly/try to distance themselves after they get the money, I haven't seen Ken doing that at all. I can't call him a scammer if I don't see him acting like a scammer. ...As that is something a scammer does.

Labcoin was around long after its IPO.  
The scammers who do what you expect them to do are called "failures."  Successful scammers don't - that's what makes the scam a success.

"Grab the money & run" is a dumb, short scam.  This scam is more involved and more time consuming, but when it's done, *it will look no different than a failed business*.  The lack of potential legal consequences this type of scam assures makes the time investment worth it.  It allows the scammer to rinse and repeat, instead of being on the run.

...I still think this company can succeed in reasonable bounds...

Leaving a glimmer of hope - that what looks, quacks and walks like a duck is actually a real business - is what affords scammers the time they need to gracefully distance themselves from the scam.

[babybonobo]

You seem to know a lot about scamming, mainline.  Do any yourself?  Sure sounds like it.  PS you are wrong that shares are selling for less than IPO.  That statement is totally incorrect, but I'll let you do your own research you poor sample of a soul.    Just checking in, until next time...

[mainline]

You seem to know a lot about scamming, mainline.  Do any yourself?  Sure sounds like it.  PS you are wrong that shares are selling for less than IPO.  That statement is totally incorrect, but I'll let you do your own research you poor sample of a soul.

The "second IPO" (lol, ikno, right?) was .0025.  If you don't know that, you're beyond help.

*But don't stop typing.  A monkey doesn't need to type coherently - just the fact that it types is what's impressive!

[MilkyLep]

Ken you've had another week go by without starting the share verification process, what's going on? Last you spoke all that was required was a bit of time to upload the program to a server.

[JoTheKhan]

@Mainline

He was not around long after he collected Money. Labcoin lied about his identity, had someone reputable ( I think ) on the forum hype him up and disappeared once he was called a scam. Ken collected money way before Labcoin and has been around long after Labcoin and through a bunch of scam accusations.

[mainline]

...
"Grab the money & run" is a dumb, short scam.  This scam is more involved and more time consuming, but when it's done, *it will look no different than a failed business*.  The lack of potential legal consequences this type of scam assures makes the time investment worth it.  It allows the scammer to rinse and repeat, instead of being on the run.
...

Labcoin was around long after it collected the IPO coin.  It actually moved its shareholders to a new exchange - a point not lost on the true believers.
Another point bandied about was Labcoin not dumping its shares on the market

[zumzero]

This is a fucking freak show!  LMFAO!  

We've now got to read the ramblings of shareholders suffering from Stockholm syndrome.  You couldn't write it.

[Rawted]

It's been another 90 days, just checking back in to see how all those shares and that mining equipment is treating you folks.

[nyc77]

Ken you've had another week go by without starting the share verification process, what's going on? Last you spoke all that was required was a bit of time to upload the program to a server.

No shares for you.

First, you must buy up Ukyo's shares. All of them. Just so Ken can make another HUNDRED THOUSAND DOLLARS while we stand there, watching.

kthxbye, bitches.

[drawingthesun]

Ken you've had another week go by without starting the share verification process, what's going on? Last you spoke all that was required was a bit of time to upload the program to a server.

No shares for you.

First, you must buy up Ukyo's shares. All of them. Just so Ken can make another HUNDRED THOUSAND DOLLARS while we stand there, watching.

kthxbye, bitches.

Unfortunately you're right. Ken will not ever let us trade until his made his money.

My life has been ruined by this investment.

Oh by the way. Why does Ken hold us off of us trading until his made 100 btc? Because Ken knows the shares will forever drop and this is his last chance to make some bitcoin.

Once we are trading I now expect 0.00001 to be the average once 9,000,000 shares try to exit.

[zumzero]

Ken, pwease allow DTS to sell his shares.  I can't take any more of his depressive disorder.

If you could sort that out I would be eternally indebted and the black cloud would be gone forever!  Many thanks.

This is a fucking freak show!  LMFAO!  

We've now got to read the ramblings of shareholders suffering from Stockholm syndrome.  You couldn't write it.

LOL. Do you even know what that means Ms. Hearst?

Totally over your head was it?  

[mainline]

...Ken will not ever let us trade until his made his money.
...

Now that Ken has turned this thing into a vaudevillian skit, what makes you so certain that he'll let you trade?  Maybe "one of his supporters" will start another poll about waiting for CC or some such?  I can't wait for the next plot twist!

[Desmond.Paris]

Ken,

You promised that verification of shares would have begun by now.

You said in one of your weekly announcements that the following week you would begin the verification process.

Even the hardest core supporter has to be losing faith in you now.

Ken, you have made many promises which you have not kept.
Please keep this one and do whatever it is which needs to be done to start trading again.

KEN GET TRADING GOING AGAIN!!!!

KEN KEEP YOUR PROMISE!!!

Ken you've had another week go by without starting the share verification process, what's going on? Last you spoke all that was required was a bit of time to upload the program to a server.

[drawingthesun]

There is no excuse to stop us from trading!!!!!!

I can't believe you have betrayed us!!!

you keep saying soon, soon, soon!!!!

I just want to trade these God dam shares for heaven and hells sake!!!!

[shaofis]

I'm guessing one of your many employees could have completed the share verification by hand by now. Excuses are not really cutting it any longer.

[nyc77]

Plot twist/prediction for the next 2 weeks:

- Ken loses the asset list
- finds more Ukyo/3rd party shares instead!
- announces 14nm
- skips CT, announces move to own decentralized exchange by end of the year (2 programmers already hired)

COME ON... !! With all the shit we've been through with this guy, this could even happen, right? I'm ready to bitbet on this even!

[Desmond.Paris]

Ken,

No more excuses.

Start verification of shares now, please.

The longer you wait to do this, the less confidence everyone will have in you.
The longer you wait to fulfill this particular promise, the more shame you will feel for not protecting those who supported you and believe in you.

Ken, When will verification of shares start? When will trading resume?
You owe us all an answer.

[interJ]

Here's an update on shares for everyone:


It's been: 109 days since transfers began https://bitcointalk.org/index.php?topic=297543.msg3325554#msg3325554

73 days since the final transfers to AMC-tender (based on date given at https://bitcointalk.org/index.php?topic=297543.msg3492434#msg3492434)

66 days since public listing at crypto-trade (Dec 5th)

19 since "Getting trading up and running is now my number one mission" https://bitcointalk.org/index.php?topic=297503.msg4652540#msg4652540

18 since he was planning to "start moving Investors shares to Crypto-Trade within the next 7 days." https://bitcointalk.org/index.php?topic=297503.msg4664267#msg4664267 Also at this time, Ukyo's shares were listed for sale on Cryptotrade at .01

11 days since he was starting "process of verifying the shares tomorrow." "https://bitcointalk.org/index.php?topic=297503.msg4831091#msg4831091

10 days since it would "be a few more days before, I can get the verifying program uploaded to the server." https://bitcointalk.org/index.php?topic=297503.msg4850206#msg4850206 and that the site for verification is completed and that he just needs to "set it up on the server." https://bitcointalk.org/index.php?topic=297503.msg4850215#msg4850215

9 days since he was "working on [getting the verification site up in] the next few days." and that he doesn't "see to many problems getting it running ASAP." https://bitcointalk.org/index.php?topic=297503.msg4861499#msg4861499


Yup. Working on it. It'll be right along any minute now. Just give him 7 days.

[Sahtor]

30d volume was 71btc. another 70000 shares are going for 0.0005-6 which is the last 35btc meaning the process is 2/3 done

[nyc77]

30d volume was 71btc. another 70000 shares are going for 0.0005-6 which is the last 35btc meaning the process is 2/3 done

SO BUY ALREADY! OMGZ!

We are SO close to the final stage of this failscam... someone throw in the last 35, will ya?