[ANN] BurstOcean - Sailing Wealthy! - Multiple Income Streams - BURST Price Booster



  • @qibucks Welcome! Which coin did you found?



  • @Propagandalf QIBUCKCOIN (QBK), we trade on POLONIEX..I plan to purchase a lot of BURST OCEAN asset and more BURST assets to back QIBUCKCOIN up more for the future..

    I think BURST is a lovely community ad I think it can complement what I am trying to achieve..I posted about this asset on my thread too..I just need to add this thread etc..but I will do a blog review about BURST today then a blog review introducing BURST OCEAN also.. Thank you for asking..



  • Thank you all for supporting BurstOcean! @qibucks I'm sure this asset will be a great back up for QiBuck and a long term income generator. Thanks for making the blog review and promoting my asset as well. Make sure you post the link to the review here so everyone can see it. ;)

    Today's progress update will be posted in about 2 hours.



  • November 23th Progress UPDATE

    ASSETS SOLD: 5066
    TOTAL ASSETS SOLD: 78496(78% of the initial release)
    ASSET SALE ALLOCATION:

    • 37995 BURST to Burst Mining
    • 12665 BURST to Burst Assets Holding
      --------------------------------------------------------------------------------------------------------------------------------------


  • November 24th Progress UPDATE

    Today we haven't sold any assets from the initial release batch because of other shareholder who is selling at a lower price. The good news is that we are getting more buying and selling orders. ;)

    On another note I want to let you know that I have reinvested 458k BURST and ~$80 from my own pocket into purchasing another 16TB of mining power. The HDDs will be purchased by @crowetic this week and in around 1 week and a half from now they should be fully plotted and mining!



  • I am too tired to write the updates today so get ready for tomorrow because I assure you some AMAZING NEWS are on the way!! The initial release was completely sold. The market is in free trading now,but I will release the second batch tomorrow!



  • BurstOcean Next Release Voting

    I have decided to consult with my shareholders regarding the next release price/asset. So shareholders please express your vote at the next question:

    At what price should I release the next shares batch?

    Option A: 20 BURST/asset
    Option B: 50 BURST/asset
    Option C: 30 BURST/asset

    You can make your vote here on this thread. One vote per shareholder.
    The voting will end tomorrow at 10PM EEST time.



  • @chrispop In my humble opinion, going for 5x the price is a bit extreme. On the other hand, I feel like 20 burst/asset is too low... Seeing the size of the dividends, I'd perceive the value of this asset at around 30-40 burst a share.



  • @Gadrah_ I have added your suggestion to the voting poll,but the dividends might be lower from now on because I have been paying from my own pocket a lot of the last dividends. But the dividends will never get lower than 1.50%/week. ;)



  • @chrispop The thing is, we don't know much about the plans you have for the other streams of income for your asset so it's hard to estimate its value. With the informations we have now I would vote 30 burst/asset.



  • @chrispop I agree with @Gadrah_ 20 would be too low and 30 would be right in the middle ;P



  • @chrispop I am far from certain that raising the price by more than a small amount actually works for the Asset Issuer as it opens the way for buyers of the first release to profit by undercutting. Great for them but does not bring in any money to buy more TB?

    Rich



  • @chrispop I would agree with @Gadrah_ but the perfectionist wants 20 so it will be 5 shares for 100 burst, instead of 3 shares for 90 burst. (just like even numbers like that better)
    Now might be a good time to reveal a new source of income (I speculate that it might be trading)
    EDIT:
    @RichBC has a good idea as well, ATM I think keeping the price the same would be better unless you start a new source of income for the asset.



  • BurstOcean BIG UPDATE: Milestone Reached,Changes & Future Plans

    Amazing news,my dear shareholders! Yesterday our initial release was finally sold out after one investor purchased the rest 21k shares on the market!

    SECOND RELEASE

    I have taken into account the shareholders votes and opinions on the second release price and I have decided to release into the market another 100,000 BurstOcean assets at the price of 30 BURST/unit. For a faster growth of the asset I am asking shareholders to not put sell orders below 30 BURST/unit as that would slow our journey. But if you think making a fast profit is better for you go ahead and sell your assets at any price you desire. I'm sure strong hands holders will be glad to pick up more shares at cheaper prices.

    NEW INCOME STREAM LAUNCHING & CHANGES

    We are revealing our next income stream which is... GPU MINING!! We will mine the most profitable coins in the market and convert our production into BURST. This way we will create a constant buy pressure and we'll help raise the burst price too.

    Until we sell the first 20,000 shares from the second release we will allocate 100% of funds from asset sale to GPU Mining. After that we will allocate 50% to burst mining and 50% to gpu mining. We won't invest more funds to asset holding stream of income temporarily as the other two streams are more profitable.

    After I buy the first gpu mining rig for BurstOcean I will post pictures on thread so you can get a look at those beautiful miners,but first we must sell the first 20,000 shares.

    EDIT: The profit got from burst mining will be distributed in the following way until we sell the first 20,000 shares of the second release: 100% to dividends fund! After that we will come back to: 50% dividends,40% reinvested in burst mining,5% maintenance fee!

    OTHER NEWS

    I've just got the confirmation from @crowetic that he successfully purchased the 2x8TB HDDs for our burst mining farm I have payed for and they are on the road to his hosting location. So maximum at the end of the next week we will be mining burst with ~36TB power.

    I hope you will embrace the new changes and you will purchase even more BurstOcean assets. Remember that as faster we sell the releases as faster we grow! I'm going to work hard and do some marketing for BurstOcean too so we attract more investors.

    Dividend day is tomorrow Monday,November 28th!



  • @chrispop hope for the best of luck, but i'm going to sell my assets at 25 burst sorry :p
    gpu mining ;)



  • @HiDevin Please place your sell order, I will buy them.


  • admin

    @bandarfjb Too late .... :D



  • SHORT UPDATE: The profit got from burst mining will be distributed in the following way until we sell the first 20,000 shares of the second release: 100% to dividends fund! After that we will come back to: 50% dividends,40% reinvested in burst mining,5% maintenance fee!



  • @chrispop said in [ANN] BurstOcean - Fresh Asset Entering The Market:

    SHORT UPDATE: The profit got from burst mining will be distributed in the following way until we sell the first 20,000 shares of the second release: 100% to dividends fund! After that we will come back to: 50% dividends,40% reinvested in burst mining,5% maintenance fee!

    Cool! Thank you for the update.



  • @haitch You are too fast haha.



Looks like your connection to Burst - Efficient HDD Mining was lost, please wait while we try to reconnect.