Quote from: mainline on February 16, 2014, 02:30:24 PM

You're forgetting the main difference between Labcoin & Active Mining: Labcoin never stopped his suckers from trading, Ken did.
So no chance of anyone but Ken unloading anything at any price.

^ This

ActM was my first forray into the "Bitcoin Securities" world. I didn't pay attention to the red flags, and let my greed get the better of me. Luckly I didn't invest anything I couldn't afford to lose, which is good because I truly consider it a lost investment.

The best thing I can do is learn from this, and try to help any other hapless investors thinking of jumping into something like this.

If you are thinking of investing, do your due diligence. Verify everthing before handing over your precious BTC. Anything else is a total gamble. Bitcoin has historically gone up in value, whereas I can't think of many securites besides AsicMiner that have kept up with this appreciation (and even AM couldn't sustain this). Your best bet is to HODL, IMO.