MERGER - BURSTcombo and Dynamix2 - MERGER



  • Just saw this mine have been sent



  • And yet again we have a fine example of how our glorious leaders are willing to walk the extra mile for the community.

    Great job guys! My profile pic says it all.



  • Goods news eveywhere on assets lately. I sent my shares :)



  • @Kitsune said in MERGER - BURSTcombo and Dynamix2 - MERGER:

    i really hope it puts a bandaid on both.

    it's not a bandaid, it's a permanent fix. I didn't have the time to deal with another asset at the moment, especially with the plans for my next large asset underway.

    I'll be providing more backing for this asset in the near future as well, but now I've got someone to help me manage it too, so it will work out better for everyone in the end.

    As far as the payouts... The D2 payout was also skewed a bit in one of the recent payouts, so the average of the last 3 months is what was used, but we can make adjustments if we realize it isn't working out how it should.

    Just gave the D2 wallet passphrase to @focus so he can transfer over the assets there. Moving things along.



  • Sent my D2 units!



  • Just sent my D2 units.

    Thanks,
    CesBurst1782



  • @crowetic we miss you brother. very much.and I apprecoate fix the asset, it means a lot to me and megan. thank you. all of my internets.



  • Update: I will do the swaps as soon as I see all of the online wallets on sync so as to not screw anything up.



  • Sending Replacement assets(3558383635212006927)...
    Amount, Account, Tran ID
    40, BURST-2CYU-BZCC-5J3J-33CG8, 7848351687344397134
    2480, BURST-2VK6-XJDE-G47S-6CLJT, 12868010442203603713
    4000, BURST-KKZA-XK7H-8YZ5-BKR87, 4501994324939364298
    10, BURST-44FY-YB7W-BDCJ-32ECU, 15832907987127992193
    576.64, BURST-MCW6-T7K6-B68K-FCPGG, 15735343677004775173
    252.8, BURST-PT54-8A45-ZX2L-5426V, 8606263369099455994
    30248, BURST-QJPB-7464-5E5B-5NFHJ, 3357121082015340457
    4, BURST-SKAL-5HDP-U7B5-G926K, 4355136455422414324
    10.92, BURST-LD29-LG97-Z2JT-393VB, 15236007046335279092
    10.72, BURST-N9G2-3QXF-Y5GV-HN7AM, 13854938647583106483
    523.2, BURST-ACGB-YGHQ-G9ZL-5XD7U, 9583525579492147825
    8034.88, BURST-49AK-FWFN-SA3C-3FSMA, 7298496727313314131
    4051.72, BURST-AZB3-W9UQ-3UVW-A98Z4, 13223190221752762893
    5.96, BURST-X2K5-7JG5-W724-ENLCB, 13902446412174122346
    499.36, BURST-WT7J-2LPQ-ALRU-CGLUH, 4750408150771106820
    8000, BURST-GGPX-PP5S-LAGP-CBGCU, 1443361977151428807



  • So I got 2480 BC units whose value is 50 . So the total value = 124000

    Where as I had 62000 D2 units whose total value was 10 . So the total value= 620000

    There is a clear value drop from my initial investment perspective.

    @crowetic If I don't want these BC, can I see my D2 back to you?



  • @samreader1 said in MERGER - BURSTcombo and Dynamix2 - MERGER:

    So I got 2480 BC units whose value is 50 sats. So the total value = 124000

    Where as I had 62000 D2 units whose total value was 10 sats. So the total value= 620000

    There is a clear value drop from my initial investment perspective.

    @crowetic If I don't want these BC, can I see my D2 back to you?

    From a value perspective, it cannot be taken that way because of the way the initial investment unfolded. As for value of the assets, there was absolutely no liquidity on the books, there was one order to buy up and that was at 1 sat. There had also been a few days that no trades were done. So if you want to look at value stating it's worth at 620000, that may have been so if the asset was not in it's current condition.

    Having said that, both assets are to benefit this way and both are assets that people are holding on to, at least now there will be some value and constant payouts. More backing will be added today to benefit both assets.



  • @Focus Do I have to choice to opt out and get my 620K ?



  • @samreader1 said in MERGER - BURSTcombo and Dynamix2 - MERGER:

    @Focus Do I have to choice to opt out and get my 620K ?

    I would like to say yes but unfortunately, due to the chain of events surrounding Dynamix, the funds are no longer there. This is a bit of a touchy situation because basically crowetic revived the asset so that the community did not get scammed, but the original release of it and the funds that were generated are no longer.



  • @Focus I am not sure how others feel about this but I am definitely displeased with this setup. With my 620K, I could've bought 10,000+ BC share vs I am only getting less than a quarter.

    We need to address this guys. Sorry, no offense to individuals but this calculation isn't fair and need a second review.



  • @samreader1 said in MERGER - BURSTcombo and Dynamix2 - MERGER:

    @Focus I am not sure how others feel about this but I am definitely displeased with this setup. With my 620K, I could've bought 10,000+ BC share vs I am only getting less than a quarter.

    We need to address this guys. Sorry, no offense to individuals but this calculation isn't fair and need a second review.

    Please explain how you could have done so when nobody was buying Dynamix2. Total Volume of trading for the whole month of January was 32,240 Burst and the only buy order was for 1 or 1.2 Burst per asset...



  • @Focus I don't follow. I invested 620K in D2 for income. Instead I would've invested in BC.



  • @samreader1 said in MERGER - BURSTcombo and Dynamix2 - MERGER:

    @Focus I don't follow. I invested 620K in D2 for income. Instead I would've invested in BC.

    What I am trying to say is that the asset was so stagnant that you couldn't have sold it even if you wanted to. There was just not enough liquidity in the books nor trading volume to do so.

    So yes, you will still make the same dividend income as before if not more



  • @Focus Right but that was because there was not enough work put into it. Are you saying, it was investors fault to trust into the D2 plans. I invested in it because I (like others) loved the idea. The tradind follows the effort put into it not the other way round.

    I think this conversation is unproductive.

    All I am hoping is to get shares worth my investment.



  • I am sorry if this is going to come out wrong.

    Unfortunately Dynamix turned out to be a failure, initial burst collected is no longer. It could have been left as lone and be labelled a scam and everyone would have lost all of their investment. Crowetic decided to do a kind thing and try to give back something to the investors, which he had absolutely no obligation to do. He formed Dynamix2 for that purpose, and since it's formation, the backing has always been the same, backed by some assets with more backing to be added. The nature of the asset was to be dynamic which it is.

    Now you coming in and saying that this conversation is not productive is totally wrong, and I take major offence to that. or am I to interpret that message to it's correct meaning: I am displeased because my Immediate Value is not what it was. Get it that your immediate value is nothing (i.e. ZERO) because of the lack of liquidity.

    We gave everyone the opportuinity to benefit and have both assets grow and all you can worry about is how much the assets are woth right now, guess what, they were not worth anything in that state.

    If you like when can regress and go right back to the original Dynamix??



  • @Focus I understand that @crowetic decided to help the asset, because the person who lost the assets (creator Dynamix), was a member of his team for whom he vouched.
    By the way, I would like to know exactly how lost Dynamix funds?
    Stole them, lost them or how it happened...? You know how it happened in detail?


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