Silverspoon
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Activity: 112
Merit: 10
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March 10, 2015, 03:01:11 AM |
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^ Lol, okay. I'm pretty sure they're starting to get it all on their own, but an extra reminder can't hurt. If you think you can add to the fun, you go right ahead 
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electerium
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March 10, 2015, 03:25:58 AM |
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have any of the AM board members spoken out?
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MidwestMiner
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March 10, 2015, 03:27:23 AM |
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... I disagree. Havelock has cristal clear rules and they take no responsibility for anything but listing, trades and dividend distribution. In the mintspare case, what do you suggest they do? Just give shareholders escrowed funds? That's not how it works.
Havelock also makes it crystal clear in its TOS that it doe not deal with US citizens. Both of the offerings which have not tanked (Matt's and Benny's) have been issued by US nationals from US soil. So yeah... Re. "fail rates well within range for 1st year startups": Well no, they're not, but even if startups had such abysmal rates, how many IRL start-ups simply OKTHXBAI from their creditors? What do you mean "not tanked"? There are several listings that are alive and well (Crypto financial, Casino Bitcoin etc) ... CryptoFinancial (ticker:CFI) Price @IPO: .15 Price now: .04 Dividends paid: ZERO. Casino Bitcoin (ticker:CBTC) price @IPO .00012 to .00018 price now: .00005025  Now I'm not talking about an occasional scam on a field of virgin win, I'm talking about wall-to-wall scam, as in NeoBee and Basic Mining level shit. And the thing is, I'm just saddened by the childlike artlessness of it all (The Panama Fund, Imagine?  ), not the fact that he took your lunch money. CBTC Bitcoin price at IPO $90 current $300. I'm USD its unchanged and the operation is growing same goes for Cryptofinancial. Not sure how that's anywhere near fail or scam.
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MidwestMiner
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March 10, 2015, 03:29:41 AM |
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have any of the AM board members spoken out?
As far as I can tell they have not.
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Fordee
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March 10, 2015, 04:14:40 AM |
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have any of the AM board members spoken out?
As far as I can tell they have not. To be more specific, the entire ask orderbook on havelock is under 2000 shares total, of the 33,400+ outstanding.. In other words, recent volume may be 'high', but hardly representative of what 'major' shareholders would consider a 'dump' so much as 'cheap shares'.
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ScryptAsic
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March 10, 2015, 04:43:52 AM |
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The real holders are screwed since they have no way to sell. They are true bag holders in this scam.
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Fordee
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March 10, 2015, 05:25:18 AM |
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The real holders are screwed since they have no way to sell. They are true bag holders in this scam.
Agreed, but it doesn't hurt to point out that there are over 30,000+ shares of AM1 on havelock right now, and ONLY a total of 2,000 up for sale currently. And no word from any major shareholders. .. and if you go back through the thread a few hundred pages, most of the voices you see now are basically new to this thread. So, I'm not saying that everything is fine, just that perspective counts.... never discount manipulation, or that Friedcat moved locations due to reasons outside of our knowledge..... Who knows, maybe he's drunk in an alley, got eaten by a shark, or is currently out getting laid to celebrate Gen 4... If you're a gambler hit BUY... if not, hit SELL. This thread is full of WAY to much drama. Edit: Yes... Sharks are still with in the realm of possibility...after all, this is bitcoin. http://www.cms.int/sharks/fr/country/mongolia
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Mabsark
Legendary
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Activity: 826
Merit: 1004
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March 10, 2015, 05:44:23 AM |
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BF doesn't aim at home miners, but they are a major driver of difficulty increases. Bitmain's always priced their hardware based on estimates of their earning potential as opposed to BOM cost. Bitfury not submitting a large wafer order makes every S5 more valuable, therefore they charge more.
While it's possible they are talking about Asicminer, there's a lot more issues there that Bitmain would have been well aware of for much longer than the last 6 hours. I'd give better odds on it being Bitfury, and it's definitely not a shoe-in for being Asicminer.
With regards to BitFury, I can't really think of anything aggressive about their new chip or their schedule from what I've read. Guy from Spondoolies said that their next gen chip would be significantly better than 0.2 J/Gh and that it was a few months away. Then again, KnC supposedly taped out their 16nm ASIC on the 3rd of February. So, Spondoolies or KnC seem more likely to me.
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ujka
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March 10, 2015, 08:28:32 AM |
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The real holders are screwed since they have no way to sell. They are true bag holders in this scam.
The real holders got 6x their investment back. It's not some big issue for them if they sell or not now.
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Puppet
Legendary
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Activity: 980
Merit: 1040
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March 10, 2015, 10:16:55 AM |
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have any of the AM board members spoken out?
I was wondering the same. Does anyone have a list of current board members?
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ujka
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March 10, 2015, 10:26:02 AM |
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FUR11
Sr. Member
  
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Activity: 378
Merit: 250
FURring bitcoin up since 1762
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March 10, 2015, 10:50:34 AM |
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Highly interesting that people like rockxie actually *increased* their holdings in AM even late last year! That at least makes me feel not so stupid anymore - I mean they'd know if something was severely going down the drain there...
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TheRealSteve
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March 10, 2015, 10:50:54 AM |
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FWIW: It seems a shame to let the BE300 go un-produced. hello, BE300 project is still on going with the rest of AM team as I know. however ,since AM lost FC, a lot of decisions are probabaly hard to make.
Also FWIW: have any of the AM board members spoken out? please wait the upcoming statement from the board of AM.
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FUR11
Sr. Member
  
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Activity: 378
Merit: 250
FURring bitcoin up since 1762
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March 10, 2015, 10:55:31 AM |
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FWIW: It seems a shame to let the BE300 go un-produced. hello, BE300 project is still on going with the rest of AM team as I know. however ,since AM lost FC, a lot of decisions are probabaly hard to make.
Also FWIW: have any of the AM board members spoken out? please wait the upcoming statement from the board of AM. Yeah all nice and well, but how is it supposed to be funded with FC (probably) having (the only!?) access to large amounts of AM's funds. Ask-side on Havelock doesn't seem to be going down... I guess we'll see dumps below the 0.01s... Might just take the chance and double my (presumably worthless) holdings ;(
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FUR11
Sr. Member
  
Offline
Activity: 378
Merit: 250
FURring bitcoin up since 1762
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March 10, 2015, 11:01:00 AM |
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Alright... People start speculating that FC may be in for the death penalty if he indeed transferred AM assets (or alike) to RM or AMHASH in order to 'bleed the company out': https://asktom.cf/index.php?topic=833704.msg10723045#msg10723045
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HarmonLi
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Activity: 350
Merit: 250
Honest 80s business!
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March 10, 2015, 11:11:27 AM |
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Oh geez, what a mess. Usually the price rebounds at least to some degree after going down... I don't know... 200%??? But this is just insane. Yeah, ask side seems to be frozen atm... So either Havelock is malfunctioning or we can only push even further down from here. I suspect the latter -.-
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ujka
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March 10, 2015, 11:12:30 AM |
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 Ppl 'speculating' there don't even know, or are not on clear yet, what ASICMiner is: 'bleeding AM out' by giving 10% commission on selling 3.4PH as cloud mining?
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matt4054
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Activity: 1946
Merit: 1038
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March 10, 2015, 12:01:52 PM |
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Apparently, AMHASH had stopped performing and no one thought to tell the public. Not just that, but FriedCat, being the only person in control of ASICMINER’s and AMHASH’s private keys, has disappeared off the face of the earth as well, not having been seen or heard from since January. His last posts on BitcoinTalk were on January 25, 2015. Some speculate that he has been kidnapped, but many more simply think that he and his business partners let temptation get the better of themselves.
This is the one piece of info that really shocked me in the Bitcoin Reporter article, the rest was already known from here. I don't know about the author's sources, but just the idea of AM completely ignoring the bus factor, given its size, is just plain... flabbergasting 
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muyuu
Donator
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Activity: 980
Merit: 1000
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March 10, 2015, 12:22:05 PM |
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Apparently, AMHASH had stopped performing and no one thought to tell the public. Not just that, but FriedCat, being the only person in control of ASICMINER’s and AMHASH’s private keys, has disappeared off the face of the earth as well, not having been seen or heard from since January. His last posts on BitcoinTalk were on January 25, 2015. Some speculate that he has been kidnapped, but many more simply think that he and his business partners let temptation get the better of themselves.
This is the one piece of info that really shocked me in the Bitcoin Reporter article, the rest was already known from here. I don't know about the author's sources, but just the idea of AM completely ignoring the bus factor, given its size, is just plain... flabbergasting  But do you honestly believe that?
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GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D) forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
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cesmak
Legendary
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Activity: 1078
Merit: 1009
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March 10, 2015, 01:09:54 PM |
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Oh geez, what a mess. Usually the price rebounds at least to some degree after going down... I don't know... 200%??? But this is just insane. Yeah, ask side seems to be frozen atm... So either Havelock is malfunctioning or we can only push even further down from here. I suspect the latter -.-
Well, AMHash price seems to be holding pretty well... Of course, trading of amhash are stoped.... so price will never move.... !!!! 
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