Post
Topic
Board Securities
Re: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated]
by
drawingthesun
on 25/04/2014, 07:13:46 UTC
I still feel like he's going to get a good percentage of the network, then lose it, all the while without any shares being able to trade. They might have some decent value for a few weeks, but all share holders are shit outta luck on that one.
If the shares were online right now, with the amazing increases in hashing hes bringing online they would already be substantially inflated in price. alas, I fear he will lose his capability to keep up with the network and difficulty. Watch him then spend all accumulated divs to try and catch up, only to crash miserably. Think ASICMiner in the summer of 2013, and ASICMiner (unlike ActM) is a competent, solid operation. ActM share "holders" may never see a satoshi.

dude inspires zero confidence.

I really hope I am wrong though. If he comes through I might apologize, more likely I'll just quietly cash out, go away forever, and never think of this headache again.

Bingo.

Even if we had a good month, nothing matters, this 'investigation' will go on for years.