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Author Topic: ActiveMining Overview and Speculation Thread  (Read 167498 times)
lophie
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August 10, 2013, 07:25:56 PM
 #1161

Yawn, I got in, got alot, got in again, lost a little, now I am a "long" time investor, story of my life, Lets get over it and speculate over "REAL" future news from Active mining.

Will take me a while to climb up again, But where is a will, there is a way...
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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iCEBREAKER
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August 10, 2013, 07:53:23 PM
 #1162

Yawn, I got in, got alot, got in again, lost a little, now I am a "long" time investor, story of my life, Lets get over it and speculate over "REAL" future news from Active mining.



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August 10, 2013, 10:34:56 PM
 #1163

Sometimes I think that iCEBREAKER is just posting to get his post count high ...

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August 11, 2013, 06:09:27 AM
 #1164

pump

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August 11, 2013, 08:09:46 AM
 #1165

pump
Pump +1

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August 11, 2013, 08:54:28 AM
 #1166


Why are you two pushing this thread without adding quality?

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August 11, 2013, 01:34:56 PM
 #1167

This may have been covered so pleas excuse me if I am re-asking questions........

Some hash power expected in Aug/Sept was from the Avalon Chip Shipping, right? so where do we stand in that respect?

I don't believe anything solid, still, from Ken or eASIC as to how close we are to a 28nm chip either.


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ffssixtynine
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August 11, 2013, 03:38:37 PM
 #1168

Avalon disappeared for a month and have only just come out with a statement. In theory chips are on the way again but no one is really sure what is going on if you read the avalon thread.

There'll be nothing said in public re: eASIC until the deal is signed off as far as I know. Last we heard from Ken/Pr(/Streets) the Bitcoins were busy being converted to USD which takes a while (to get a decent rate) given the problems on exchanges at mo (hello mt gox!).

Let's wait for the next PR release Smiley
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August 12, 2013, 12:32:49 PM
 #1169

Bid price @ BitFunder is 0.0041.
I wish I had more funds right now.
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August 12, 2013, 12:48:10 PM
 #1170

Bid price @ BitFunder is 0.0041.
I wish I had more funds right now.

If you are buying you need to check the Ask price not the Bid price: 1k at 0.004599 at the mo then another k at 0.00472
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August 12, 2013, 07:10:02 PM
 #1171

Well we've .00443 on BF and flirting with .006 on BTCT - pretty big spread. I've got shares on both but kinda wishing I had more on BTCT
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August 12, 2013, 08:10:48 PM
 #1172

Somewhere here Ken said that eventually we'd be able to transfer our shares between both exchanges.

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August 12, 2013, 08:43:40 PM
 #1173

Somewhere here Ken said that eventually we'd be able to transfer our shares between both exchanges.

Not possible.

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August 12, 2013, 08:46:28 PM
 #1174

Somewhere here Ken said that eventually we'd be able to transfer our shares between both exchanges.

Not possible.

Is possible, but it's a pain in arse manual process Ken has to go through.

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Stuartuk
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August 12, 2013, 09:11:26 PM
 #1175

Somewhere here Ken said that eventually we'd be able to transfer our shares between both exchanges.

Once that is implemented this spread/difference will be evened out to a much narrower amount by arbitrage trades. From what I've read it's not a high priority at the moment so may be some time away.
mannybitcoins
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August 12, 2013, 09:15:43 PM
 #1176

Somewhere here Ken said that eventually we'd be able to transfer our shares between both exchanges.

Once that is implemented this spread/difference will be evened out to a much narrower amount by arbitrage trades. From what I've read it's not a high priority at the moment so may be some time away.

Yup. It was actually the guy that bought out his Bitfunder shares to go to BTCT that said that, not Ken.

Stuartuk
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August 12, 2013, 09:45:57 PM
 #1177

Somewhere here Ken said that eventually we'd be able to transfer our shares between both exchanges.

Once that is implemented this spread/difference will be evened out to a much narrower amount by arbitrage trades. From what I've read it's not a high priority at the moment so may be some time away.

Yup. It was actually the guy that bought out his Bitfunder shares to go to BTCT that said that, not Ken.

Yes that's right, and as far as I understand this it's more a cross-exchange issue rather that a listings issue, in other words both Burnside and Ukyo need to bang heads together and that would take planning, testing and implementation. I think maybe Ken would have to pay them for their time so it's something for when ACtM is making big profits - so not that far away! Cheesy Cheesy Cheesy
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August 12, 2013, 10:31:35 PM
 #1178

Somewhere here Ken said that eventually we'd be able to transfer our shares between both exchanges.

Not possible.
only possible if you paid 5K USD to Ken to do the transfer for you.
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August 12, 2013, 10:42:23 PM
 #1179

Somewhere here Ken said that eventually we'd be able to transfer our shares between both exchanges.

Not possible.
only possible if you paid 5K USD to Ken to do the transfer for you.

Right now you'd have to pay a high premium for this service, yes. It will most likely, however, be available for free in the future. If I remember correctly it was VolcanicEruptor who had his shares transferred to BTC-TC, and afterwards stated this. He has had a close dialogue with Ken regarding the matter, and thus I trust the information to be correct.

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August 12, 2013, 11:14:41 PM
 #1180

You guys are insane if you think someone is going to let you bounce shares back and forth at a profit.
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