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@JotaJota no. I asked all investors to move over to BURST. I'm doing a share redemption as we speak. They hand in their HZ shares and get BURST ones instead. If you look into the issuer account here in BURST, you'll notice that i made a few shares transfers. That's why
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@nameless got it. Some folks were complaining at the silvermafia game. And a guy come told me and I got a bit scared lol
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@JotaJota trust me, i'm more on top of things than you think :) ... and i'm not alone. remember that
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oh and, @JotaJota , if by any chance someone has a complaint or question and i'm not around, please tell them to get in touch. Some might have missed the redemption information, although i posted it all over the place before i started the BURST asset
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@nameless Good to know. I'm counting on ya. Anyway I have all your assets. Including 500k.
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@nameless Oh ok it makes sense. Thanks for your answers :)
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@Gadrah_ people that ask for info, get it :)
There are of course certain aspects of capital allocation that i will not disclose until later because i don't want anyone following my strategies. Whatever can be published, always is and always will. It's just certain investments i'm not comfy revealing in the future because i catch them very early on and want to keep them 402 exclusive till they are adopted mainstream. I hope i'm making sense
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@nameless Yep, you're the captain of the ship and we're the passengers, no problem with that as long as the cruise is pleasant ;)
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@IIOBrocker said in 402:
After sold just 1 asset, the highest bid goes to / instantly. dammmnn! that was sad soon. not proud of u.
The 'highest bid' section in your asset overview simply shows what is the currently highest bid order, it is not affected by filled orders, only the unfilled, highest bid.
As regards your sell orders at 6, you will need someone to fill your orders in order to get your money back. Remember that this is an open market, and that it works much in the same way as the exchanges like Poloniex do, except that it's decentralized and on the blockchain. If you regret putting your shares out for sale at the value of 6, you should cancel them immediately before some buys them, and if not, you may leave them there, and I am certain that someone will buy them at the ask price you have set, because it is cheap.
Please check this tutorial to learn more about how the asset exchange works: https://forums.burst-team.us/topic/107/how-to-use-the-asset-exchange-video-tutorial-review
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@IIOBrocker Wtf what? I only tried to explain what I think is going on in the scenario you have described. Was my explanation off?
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@IIOBrocker I bought all your shares so that's it, you're out. I didn't even understand what was your rant about. If you don't like an asset, fine, but no need to be disrespectful like that.
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Ty for that @Gadrah_ , i just dont like @nameless and his way to do things.
Nothing more, im out , have fun all.
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I just want to emphasize that it is shareholders like you and I who decide the price of shares in the asset exchange, and not the asset issuer (with the exception of the shares that are sold directly by asset issuer). Thus, the bid and ask section is out of control of an asset issuer, and has little to do with the performance of an asset. Please remember that if you are invested in other assets too.
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Thanks you so much @Propagandalf i will take care next time. And for sure i will keep investing.
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That's good to hear, mate. :)
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Don't worry kids, we're up on the first exchange in a few days :)
Market bids and asks will be much more stable and constantly present. And when we go op on the second exchange, it's going to be even more fun.
20 BURST a piece is still UNDER the real value of a share considering the total capital i have at hand now. Long term holders will win this race, but so will speculators. That's the fun side of it. Always upwards pressure because the capital keeps growing.
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Just a quick update: one of the exchanges is already hard at work looking into the BURST API and how to integrate the asset. I nearly lost them for a moment there because all i could provide them with was a wiki of the NXT API because apparently we don't have it for BURST. They got a little mad, but i managed to smooth things over with the help of some well connected friends. That annoyed me more than it should have and i will place a bounty soon for someone to make such a wiki for us as well. All you'd need to do is replace NXT with BURST in the whole thing and have it uploaded somewhere. I need to have a chat with crow first and see where we'll throw this info. I think it should be straight on the website, but we'll see.
So, yeah, exchange integration in the build and bounty coming soon.

