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Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
On the contrary. ACtMs main product is btc - which has indeed gone up in value ten fold.
So our cost of production has stayed the same - as all component parts are bought with FIAT.
So all thing's bring equal our share price should be proportionally higher too.
The paper value of the company is inconsequential. Share price directly reflects the dividend yield figure. If btc was 100 or 3000 USD the number of btc we mine remains static - so the share price is almost entirely unrelated the the FIAT value of btc except where FIAT profit allows us to build more miners with the same percentage of mined coins.
So our cost of production has stayed the same - as all component parts are bought with FIAT.
So all thing's bring equal our share price should be proportionally higher too.
The paper value of the company is inconsequential. Share price directly reflects the dividend yield figure. If btc was 100 or 3000 USD the number of btc we mine remains static - so the share price is almost entirely unrelated the the FIAT value of btc except where FIAT profit allows us to build more miners with the same percentage of mined coins.
I agree with this.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
I think it's going to be interesting this time around seeing what happens with the share price. There was a lot of liquidity in the BTCT days for people to discover a new security and give it a chance. Perhaps more securities will come to Cryptotrade once this goes live but this isn't the case now. I guess if people see it on reddit and the share price is rising, maybe people who aren't involved may consider it.
I think we will have a group of people looking to get out and also cash out for BTC now that it is substantially higher, and there will be another group of people who believe we are on the cusp of something big who will want to pick up cheap shares while they can. There is also the believe that there will be some tasty dividends from sales and mining. Most of the buy orders now are hoping there will be an opportunity to pick up bargain basement cheap shares. I think .0011 is still on the low side since we were doing above that on bitfunder before it's fall began to affect the price. That was still in a time of very little news or progress. The past .009 and the eAsic announcement .007 were still in the BTCT days. I guess it all comes down to who believes and who wants out. I think once this goes live we will probably climb to .003 - .004 within a few weeks as long as there is no bad news of delay. It's going to take a lot of progress and good news to get back to .007, but once this gets into full swing I think that is possible and more.
I think we will have a group of people looking to get out and also cash out for BTC now that it is substantially higher, and there will be another group of people who believe we are on the cusp of something big who will want to pick up cheap shares while they can. There is also the believe that there will be some tasty dividends from sales and mining. Most of the buy orders now are hoping there will be an opportunity to pick up bargain basement cheap shares. I think .0011 is still on the low side since we were doing above that on bitfunder before it's fall began to affect the price. That was still in a time of very little news or progress. The past .009 and the eAsic announcement .007 were still in the BTCT days. I guess it all comes down to who believes and who wants out. I think once this goes live we will probably climb to .003 - .004 within a few weeks as long as there is no bad news of delay. It's going to take a lot of progress and good news to get back to .007, but once this gets into full swing I think that is possible and more.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
can we all agree that the avalon refund would be best invested towards an order of chips? Otherwise it will only pay us .00006/share if he pays us right out.. at least then we can get an actualy mining farm going without waiting for money from sales. Who agrees?
I am for whatever it takes to get our mining farm going as soon as we possibly can.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
someone put and bid order at 0.012...what is going on??is he just playing around??
Compared to all of the other orders, I think that person left out a 0. A lot of people probably are watching, waiting to fill that one.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
CryptoTrade 30 Day Volume = <1btc
Therefore:
Amount of buyers in the market = almost zero
Amount of ActM holders wanting to get out = A LOT
Result = bloodbath
Therefore:
Amount of buyers in the market = almost zero
Amount of ActM holders wanting to get out = A LOT
Result = bloodbath
Oh I know, it will be interesting that's for sure!!!
Cool, bring on your cheap shares.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Is anyone going to sell for less than 0.0025 when crypto trade is up?
0.002 * 114,425 = 228.85 = $273,600 aud = 10 times my income.
Yes, I doubt I will be able to hold if the price gets anywhere near 0.002, even though I once hoped for 0.02.
Way to keep the price down, champ.. now everybody is expecting a dump of over 100,000 shares around .002
I'll be dumping mine at .0001
How many shares do you have still? 50,000? I would buy your shares at .0001 today if Ken could guarantee that they will be transferred to me.
I might just give them to you for free.. we'll keep in touch
That works too.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Is anyone going to sell for less than 0.0025 when crypto trade is up?
0.002 * 114,425 = 228.85 = $273,600 aud = 10 times my income.
Yes, I doubt I will be able to hold if the price gets anywhere near 0.002, even though I once hoped for 0.02.
Way to keep the price down, champ.. now everybody is expecting a dump of over 100,000 shares around .002
I'll be dumping mine at .0001
How many shares do you have still? 50,000? I would buy your shares at .0001 today if Ken could guarantee that they will be transferred to me.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
For this reason I will fight him to the end, until there is nothing left
Well I don't see a need to "fight" anyone until December rolls in. I am hoping we are pleasantly surprised.
if there is an update before dec 1st that has anything to do with chips, i will post a picture of me eating yellow snow after my dog pisses in it
So when is the VE yellow snow eating picture happening?
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Yeah, I'm even getting one of these - my divs are so much I'll need help keeping track.
http://thumbs3.ebaystatic.com/d/l225/m/m11s2fK_ucAge8KZeOS_Mvg.jpg
http://thumbs3.ebaystatic.com/d/l225/m/m11s2fK_ucAge8KZeOS_Mvg.jpg
I don't think they make a model that counts BTC.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
+1 as well.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
This bubble and bust may have scared an awful lot of people off.
I don't think those words ("bubble" and "bust") mean what you think it means.
When something is trading at an all time high, and then keeps making new all time highs, and then falls back to the price it was a few days ago (which was on the way up an all time high) then it's not a bust of a bubble. It's a necessary price correction.
+1
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
I've had enough of China too.
I only brought up the Winklevoss prediction and tried to work out part of the journey towards this 400Bill Market cap to steer the thread into a bit of positive talk for a bit. Didn't really work. (exasperated) Every second person on here knows better than you do it seems - and they aren't afraid to tell you.
I only brought up the Winklevoss prediction and tried to work out part of the journey towards this 400Bill Market cap to steer the thread into a bit of positive talk for a bit. Didn't really work. (exasperated) Every second person on here knows better than you do it seems - and they aren't afraid to tell you.
actually, this report from bother john is pretty interesting, if you we need a topic of discussion other than AMC:
Bitcoin Report Volume 57 (Bitcoin Blowhards)
http://i1.ytimg.com/vi/U0CvAeNlku0/mqdefault.jpg
That was quite interesting.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Ken,
Once our shares become tradeable again, what will the starting price per share be set to?
Once our shares become tradeable again, what will the starting price per share be set to?
I don't believe the share price will be "set" to anything, the market will determine a price
Am I wrong that there has to be a starting price? Such as the last price they were listed on bitfunder. When Ken listed shares on cryptostocks, they started at .001.
That was to ensure people could do a like for like swap and not lose any shares.
I'm guessing this is how it will happen - shares will be put on the exchange in users accounts to the full total of 10Mill, the exchange will then be opened for trading. Nothing will be in the asks and bids untill holders want to buy or sell so the order book will start empty. Then trading will begin and sellers will sell at what they want to and buyers will buy at what they want to pay.
Oh, now I understand. Thank you, that makes total sense.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
VMC Sales:
3rd Quarter 2013 $1,404,217
October 2013 $520,898
Total Sales YTD $1,925,115
3rd Quarter 2013 $1,404,217
October 2013 $520,898
Total Sales YTD $1,925,115
Very nice.
Finally got round to transferring my shares over to AMC-TENDER.
Tom,
I dig that you use your name and an image of yourself on your account. I think that would change things when people get irate and start insulting each other on here if they actually saw who they were dealing with. Very cool.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Ken,
Once our shares become tradeable again, what will the starting price per share be set to?
Once our shares become tradeable again, what will the starting price per share be set to?
I don't believe the share price will be "set" to anything, the market will determine a price
Am I wrong that there has to be a starting price? Such as the last price they were listed on bitfunder. When Ken listed shares on cryptostocks, they started at .001.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
I'm loking to rescue some ActiveMining shares from Bitfunder if its not too late, and finding it hard to find useful information. From one a recent kslaughter post:
What is the procedure for transferring shares to AMC-TENDER?
Quote
Due to Bitfunder closing down, we are extending the deadline to transfer shares to AMC-TENDER until November 13th, 2013.
At this time all shareholders should follow the procedure for transferring shares to AMC-TENDER.
Dividends which are due to be paid tomorrow will be suspended until we have the share problem solved.
We will be creating Pass-Through shares on a yet undetermined exchange for our shareholders.
After the Pass-Through is created, we will pay the suspended dividends.
Active Mining Corporation (Belize)
At this time all shareholders should follow the procedure for transferring shares to AMC-TENDER.
Dividends which are due to be paid tomorrow will be suspended until we have the share problem solved.
We will be creating Pass-Through shares on a yet undetermined exchange for our shareholders.
After the Pass-Through is created, we will pay the suspended dividends.
Active Mining Corporation (Belize)
What is the procedure for transferring shares to AMC-TENDER?
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Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Wow, miss a couple of pages and now zumzero has lost faith. I do appreciate the not trolling statement, as there is nothing productive about that and most of us hide the trollers anyway. Hopefully the time is getting near. I'm not giving up on this.