[ANN] CCMINER1000
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@ccminer Perhaps you would like to expand on this, it's the first time that I have heard that this Asset is directly linked to the Euro?
Rich
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@RichBC Really??? I bought the drives with BURST?
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@ccminer But the Mining income is in Burst and we paid for out Assets in Burst.
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@RichBC I'm talking about SHARES sales and expansion of the asset not about the payout, indeed even if the price of the asset is getting lower because of BURST increase you get always the same payout
EDIT It was clear that the money has been used to purchase HDD, My supplier do not accept BURST as payment
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@ccminer Perhaps this strategy should have been spelt out in the OP? All I am seeing is my current investment being devalued and I would have been better off to have just held Burst?
Rich
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@RichBC It was writte that the money invested would have been used to increse the mining power, did you think BURST was a proof of stake coin?
Also did you read in the OP the buy back strategy? Do you think that If I'll sell the drives the people will pay me in BURST, with the exchange of 6 months ago?
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@ccminer I agree with @RichBC . We paid for the assets in Burst, so why are you devaluing our investment? Yes, the value of Burst has been rising, which is great! However, what you are doing drops the value of our investment and made it almost pointless to hold your assets - we should've just held onto Burst, like @RichBC said. Perhaps you should consider selling fewer shares for the same price of 10 burst (so that you can still expand), rather than adjusting the share price down to 4 burst to account for the increase in value of Burst.
@ccminer I've been a supporter of your asset right from the start of CCMiner100 but I must say, I honestly don't like the way you have been handling this asset lately (or your responses to @RichBC ). I'm lucky I already dumped the majority of your shares when they still had more value. I hope you can get back on track but I won't be holding my breath...
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@ccminer Don't disagree with what you are saying. The key point that I am making is that your OP says Share Sales at 10. If your intention was to vary that if Burst rose or fell in value then this should have been in the OP.
Rich
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@RichBC I agree with you completely.
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@RichBC The price of 10 is impossible right now and the main goal for me is to sold out the asset and increase the mining power as much as possible, as it is now I sold like 40% of the shares I do not have intention to interrupt the project!
You told me in the past I had to adapt to the market price and It is exactly what I am doing.So this is what it is and I'll keep doing like this, because, I repeat, the main goal is to sold out and complete the project
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I also dont think its the best way to sell of for any price.. 4 burst for each share?? com on yesterday 4.50 now 4??
You wrothe that you will do the best to get back to 10 but this is not the right way to get back to 10. To be honest I lost a huge amount of burst at all at the moment....Me to wantet to increase my burst account with BURST not with EURO.
Why when burst increase you decrease the assetprice? Its not logical for me.
For everyone who bought in early this is a big loss game....
cheers
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@hudriwu With no euro no HDD or GPU and with no these hard drive no 120+ days of daily payout! You know!
I repeat for the last time, it was clear sice day 0 that all the BURST invested would have been converted to EURO in order to purchase the drives!
I even had a fight with CROW before this asset even was created because he accused me to dump the BURST price with my project, so was not a secret that the HW here that are the CORE of this project where connected with EURO and the price of the HW!
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I understand what they are saying! If I bought 10000 shares at 10 burst that would cost me 100,000 burst but If you come along and lower the price to 4 burst then you reduced that investment by 60% meaning should I have to liquidate my shares then I would have 40k burst.
cool Who are you looking after? You have to look out for your investors!
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Sure i understand that you buy everything with eur its clear no talk about that..
The thing is like richbc said 10Burst mentioned in the op and it is disapointing for me to see everyday lower ask prices for this share. Look at other assets. Just because the price of burst rised the most of other assets stayed on the same level for a share.
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@hudriwu As discussed before (I mean days before) I do not decide the price the market do, I have been told like this!
So I act as the market want I put a sell order yesterday for 4.5 the price went down to 4 and so I adjust according to the market
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If you sold shares at 4 burst then you made the decision for the market?
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@ccminer I have been a strong Supporter of this Asset through thick and thin, however I feel this Asset price reduction ignoring what is in the OP is completely unacceptable.
Even putting aside the fact that you deceived us over the amount of TB you had mining it has been very badly managed since then.
It has taken all this time to get back to the 315TB Mining that the Shareholders had paid for back at the last proper Asset release in February.
You have had the Disc drives in hand since February 16th and it has taken you nearly 3 months to get them plotted and Mining. This is a ridiculous amount of time and is just not good enough.
I am sorry to say that having two Asset sale price reductions in the last few Days is for me the last straw and I will be looking to exit in the most cost effective way that I can.
Rich
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@RichBC I am sorry to hear so, you lost 0 payouts, but the AE is a free place, so enjoy
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burst prince increases + share price stay the same = new investors have a disadvantage, but as long as your main income is in burst it's not necessary to lower the share price so dramatically
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@ccminer It's not to do with the payouts, it's that you have wasted Shareholder money, not made best use of the money we have invested and lost Shareholder confidence and because of that you have had to reduce the share price to sell new shares.
Having Drives sitting in Boxes is of no use to you or us, it's just a wasted resource requiring you to prop up payment by other means.
Rich
