BTC Cloud Mining/BTC Long
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Do not worry I will not post this here every single day. Just for the first week or so to show how this asset will make Burst.
Valuation for end of day 2/5/2017
$1,015 U.S/BTC 88sat/1 Burst Copper lb/$2.20 U.S 500sat/1 gram 7 Burst/1 gram
Copper - 173,607 Burst
Burst Mining Assets - 48,010
Burst Dividends Received - 15
Burst Wallet - 6,340
Burst Long Term Wallet - 0.00
BTC Exchange Wallet - 0.00
BTC Long Term Wallet - 0.00
Genesis Mining Wallet - 16,995 satoshi = 193 BurstLiquid Value of Copper Backed Cloud Mining - 228,165 Burstcoin
- 9.19 Burst per share
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WorldMine made a very nice payout last night. 129 Burst to our 38,000 Burst investment.
*notes
102,777 Burst invested in Genesis Contract = 193 Burst 1st day = 1,351 Burst wk
38,000 Burst of WorldMine = 129 Burst wk
102,777/38,000 = 2.7 2.7*129 = 348.3 Burst wk
Just notes I do understand that WorldMine has 100% more value than a contract.
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This post is deleted!
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Was looking through the forum and their was a rant someone posted that somewhat inspired me. The rant was about people coming here with nothing but a idea and launching a asset. I realized I feel under that category the way things started out here. Therefore I bought almost half the shares of Copper Backed Cloud Mining to get this thing going.
With the funds from the sell of shares Copper Backed purchased
1,020 shares of WorldMine
600 shares of CCM100
3,675 shares of SoCalsFarmI feel like this provides a solid foundation for what I envision building here.
Soon I will be ID verified and I will do another share release down the road but with a different twist.
Every share will still be backed by one gram of copper however for every share created their will be 2 grams of copper to go into the holdings. With that extra copper what I'm going to do is put a sale target on it two ways. One target will be copper @ say $3.50 lb U.S and the other sale target for that extra copper will be something like Burst @ 55 Satoshi. So if those numbers hit either way that extra copper will be cashed in converted to Burst and distributed evenly to holders.The first dividend for Copper Backed will be processed this weekend. Looks like it will be about 1,500 Burst distributed evenly to the 24,801 shares.