Haitch's Assets Asset
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@keyd0s Also worth remembering that this 5% only applies for the first 100,000 sale of Assets. If the second sale fully sells out that will reduce to 2.5%.
However here it get's complicated because of the reinvestment of the sale proceeds in additional Assets which will push the % up again. By how much I do not know, but I suspect not back to 5%?
Rich
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@RichBC Yeah, depends what dividends get paid out - however as you said, there will be additional assets added to the portfolio, so will it be lower than the first payout yes, will it be half? I don't think so - think it'll be higher than that.
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Alright that's a fairly good point. I think it's always a bit dangerous to start putting ROI data in your banners as terms of advertisement, cause it's always a bit of speculation isn't it? It looks a bit like a promise to me to put this in the banner, the promise of a 5% ROI that you probably have to keep in order to satisfy your investors and not break this promise. making this harder to keep as well when the 2nd batch of shares is put up for sale
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@keyd0s true but it's the "UP to" that is the fine print... he had to say 5% to cover for a possible all shares selling out in this batch, and not have early investors exspecting a 90-100% ROI and only get 4% because a whale bought up everything 20 min prior to Div timestamp.
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personaly im hoping for a contenued sell rate like we have right now ... lots of people geting in but only snatching up a few hun shares each and not 3 or 4 people buying whole dubble digit %'s of the asset at a time. and then puting up for sale at higher price
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@Gibsalot Whales will probably stay away because the fixed 90 Burst, Fortnightly Sales and relatively large number of Assets will make short term profits difficult.
Rich
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I am too Nube to exactly understand this post, but sounds and looks like a good investment - How does one actually participate / what are the steps to purchase shares?
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@gwagner said in Haitch's Assets Asset:
I am too Nube to exactly understand this post, but sounds and looks like a good investment - How does one actually participate / what are the steps to purchase shares?
You have to purchase/own burst, then goto the burst wallet and goto the asset exchange page and click add asset and add his asset id he put in the post. then click on a buy order and buy some.
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@mathew Got link to location?
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"goto the asset exchange page and click add asset and add his asset id he put in the post" << Where is that?
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@gwagner From the Wallet, go to the Asset Exchange, click "Add Asset" in the top right corner, enter: 6037211370250490240 then you can Buy/Sell/Trade.
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@haitch Thank you for the instructions. So more silly questions - I had enough to buy 5 which cost 450, and the value shows 350 under >> Value in BURST << on the My assets page. Please tell me what that means / why does it appear to be worth less immediately?
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@gwagner the "value" just uses the highest bid/buy price, rather than the highest ask/sell price, to calculate. That would be the price you could sell immediately for, assuming that the bid price had the sufficient quantity to cover the amount you wanted to sell.
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@gwagner Because value is calculated amount of assets you own * highest buy order. So in this case 70*5=350. You can create sell order for 90 and I'm sure ppl will buy it^^
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@gwagner value is calculated by how many shares you own x highest purchase bid current in the exchange
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Thank you all for the value explanations!
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love the new banners will start blogging again once i move and do blog review..
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one day we'll all be driving in limo's people will say "why you so successful" we can say something like "from little things big things grow" or "we were just BURSTing to get rich" lol
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@ZapbuzZ Haha That's my dream^^ "From little things big things grow" is catchy and true^^ You can't go wrong with this asset and I hope to get 1% before it sell out^^
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I own 2k of this asset now, it's cute..




