BSILVER - by crowetic - silver backed BURST asset!
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@johnny00 said in NEW ASSET BY CROWETIC, and mikemike of BURST and BURSTKORE extended teams! BSILVER - silver backed BURST asset!:
Why would I do this?
So you could buy Silver directally with BURST... If you think silver increase of value will value more than the mining of BURST it will worth do that ;D
Or then just to withdraw your BURST directally without an exchange because you can go and sell the silver in a local dealer directally and that way you will not undervalue BURST price in those exchanges... ;P
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@johnny00 said in NEW ASSET BY CROWETIC, and mikemike of BURST and BURSTKORE extended teams! BSILVER - silver backed BURST asset!:
@crowetic no problem. So if I have 10000 Bsilver assets I can trade them in for actual silver? Why would I do this? You currently are mining burstcoins as well. I'm still a little confused. Thanks
it's just an option to get silver if you'd like. That's all. I'm going to eventually have a gateway through this which will allow me to give lower silver prices than market rates.
That's the goal :)
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@crowetic said in NEW ASSET BY CROWETIC, and mikemike of BURST and BURSTKORE extended teams! BSILVER - silver backed BURST asset!:
I'm going to eventually have a gateway through this which will allow me to give lower silver prices than market rates.
Now is me that am a bit confused... hahaha
By market rates you mean AE BSILVER share rates, BURST market rate, or silver rates?
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Hey crowetic,
Any update on when the dividends will be paid for this asset and Burstaker, Bursteam and ByteEnt?
Thanks
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@Cryptotrader85 said in NEW ASSET BY CROWETIC, and mikemike of BURST and BURSTKORE extended teams! BSILVER - silver backed BURST asset!:
Hey crowetic,
Any update on when the dividends will be paid for this asset and Burstaker, Bursteam and ByteEnt?
Thanks
Yes, I should have at least half of the payouts done tonight, then the rest tomorrow. Things have been insane for me lately, so I've been behind on quite a bit, apologies for the delay!
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@crowetic said in NEW ASSET BY CROWETIC, and mikemike of BURST and BURSTKORE extended teams! BSILVER - silver backed BURST asset!:
@Cryptotrader85 said in NEW ASSET BY CROWETIC, and mikemike of BURST and BURSTKORE extended teams! BSILVER - silver backed BURST asset!:
Hey crowetic,
Any update on when the dividends will be paid for this asset and Burstaker, Bursteam and ByteEnt?
Thanks
Yes, I should have at least half of the payouts done tonight, then the rest tomorrow. Things have been insane for me lately, so I've been behind on quite a bit, apologies for the delay!
No worries mate, thanks for the update.
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The first silver trade-in is in the middle of being accomplished, and it has also lead me to realize that the way the trade-in numbers are calculated need to be changed in order to be fair for everyone. Especially due to the fact that the price of silver has gone down and the price of BURST has gone up, and the asset price as well...
So I'm in the middle of figuring out the new way that this will be calculated, and I'll let everyone know ASAP.
I also have the new website in development and should be completed very soon, stay tuned!
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how is this asset going? i have a few but not many i would like to buy more if the asset is still doing well So how are things going?
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I've not been posting much in this thread lately, but here's a quick update...
You can monitor the mining for BSILVER here. 5 more cards have been added. I'm also adding power to put together another asset, so some of the power is being restructured and added, for BSILVER, BURSTAker, and the new asset that will come soon.
I'll make an announcement upon finalization of how everything will work, but for now, this is what is mining for BSILVER...
http://zcash.flypool.org/miners/t1JToQdG1GrS1S24Qj3DkQBd4EWDCm7d1YE
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https://forums.burst-team.us/topic/3581/first-bsilver-shares-trade-in First silver trade in complete! Here are the details!
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BSILVER update
The mining for BSILVER has continued to grow, there is now a quite decent amount of GPUs mining, and they will continue to grow, I had quite a few hardware things happen over the last few weeks, including a card dying, and yet another power supply.
I'm going to replace both of these things tomorrow, and all of the other hardware issues have already been resolved.
Also, the 50% that goes into the fund for silver, will start after today's payout. This will be posted publicly so everyone can see the amount that is going to that fund, and I will post when the silver is purchased.
The statistics and calculations site for BSILVER is in development still, and I think I've come up with a good way to calculate the silver trade-in values correctly and fairly for all involved, and will post more information about that soon.
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No more updates or only updates on burst nation website now?
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@johnny00 said in ASSET BY CROWETIC - BSILVER - silver backed BURST asset!:
No more updates or only updates on burst nation website now?
Hello and apologies for the nonsense. I've 'come to my senses' over the manipulation and bullshit Adam spews, and have publicly apologized for getting him involved in BURST.
I've been banned over there for telling the truth, so I will no longer be over there at all.
Anyway, wanted to post an update!
Just pulled the trigger on another 30oz silver purchase, when it arrives I will be taking more pictures. Also...
-ANNOUNCEMENT-Along with another 30oz of silver being purchased, I wanted to show the ZCASH mining that is being done for BSILVER, just to make sure people realize everything is alright...
http://zcash.flypool.org/miners/t1droEt3n1cexiu9kvHNe8k71AdGSUJjDxp
That is the BSILVER dedicated GPU miners, currently 15 470-480 GPUs.
There is also a bunch of BURST mining on burst.lexitoshi.uk with the following addresses...
(I'm having them all custom named by lexicon so I can have them watched on the pool without addresses, but here are the links...)
http://burstcoin.biz/address/17868568389207344270
http://burstcoin.biz/address/13406593037368110319
http://burstcoin.biz/address/6505464473844719981
Thanks!
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-BSILVER PAYOUTS-
https://cloud.crowetic.com/s/cJ4CD0HybYdMVRP - text file with amounts/accounts.
TOTAL PAYOUT - 77,000 BURST
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-BSILVER Payouts-
https://pastebin.com/raw/fqnnHhBi
Total - 52,000 BURST
*Miner downtime due to pool attacks and thefts caused payout to be lower. That plus the last few I didn't take full 50% for silver.
New silver additions will be posted pictures soon.
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BSILVER payouts will likely have to be postponed due to polo withdrawal limits being tapped out for the day.
I'll get as much as I can done, and let everyone know if payouts will be delayed until tomorrow.
I also have a bunch more updates to post and videos to accomplish, as well as the start of the build of location 3, and moving miners from location 2 to location 3 due to better location and power rates.
Thanks!
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BSILVER payouts will be done tomorrow. Also, Large silver purchase has been completed. :)
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Thanks for the payout Crow