[CAUTION] BTCDragon Asset



  • @RichBC said in [CAUTION] BTCDragon Asset:

    Can you confirm to what degree profit from the casino has been able to fund the Dividend payments?

    Kevin about 21 hours ago @Bitdv
    @Bitdv Thank you, I now understand a little bit better this part. So you agree you haven't deposited to btcDragon to increase the earnings of the site? With your account or with another account?

    Bitdv about 21 hours ago @Kevin
    @Kevin I have 1 account there , I havent added funds to the earnings and as I have stated yes i have tested and will continue to test games , for bugs or if they are pointed out to me and games that are in development and have gambled with my own funds !!!

    i thought was the answer but ill say it again NO i havent added to the APP/Casino earnings, yes when things are tested for bugs or anything or when i play with my own funds yes earnings are add from the house edge. And there is no way that this can be avoided as when bugs happen on the live site, they need to be tested , so that i can attempt to replicate the bug as close as possible to the same events , so i can look at logs and data to try and find the problem or for me to pass the info onto flash, so he can work it out, so it will be same game, bet amounts , whether it was a auto roll or whatever details the person forwarded to me and as for me playing , well what i play at . what level I play , thats up to me as I play with my money, have always played , havent tried to hide the fact I play , as im not playing against the casino, im actually playing against the MoneyPot bankroll, i using the casino like everyone else , they use the casino to play against the Moneypot Bankroll. and to me its relaxing , but i dont see a problem with it, if i had a hidden account and didnt have it were people can see what I do then yes , but i do it openly!!



  • @Bitdv said in [CAUTION] BTCDragon Asset:

    Ok the total amount of Burst that was raised from sale of assets was 30,666,075 Burst

    at hand there is 14,330,000 +/- (depending on asset values/bankroll variancys) between bankroll/bankroll reserve , BtcDragon Asset account, exchange and Assets held on the BTCDragon Asset Account.

    The Burst that was exchanged to BTC, when started burst value was in the low 60 sats and BTC was at around $900 US, so I have used a mean of 75 sats per burst as most that were sold were between the low 60's and low 90's which raised 12.25 BTC .

    1 BTC was spent on signature and twitter campaign
    0.7 BTC was spent at mellow ads
    1 BTC was spent at Anon Ads
    0.1 BTC for signiture creations

    5 btc was converted to fiat, which it total equal $4875 USD (BTC was converted to fiat between $900 and just over $1050 USD and worked out at roughly $975 usd) and the last time i convert any to fiat was the 22nd of feburary , but was obviously converted to AUS$, of this $2676 USD was paid to Flash for his services, plus he did receive 2000 assets and also he was sent 35,000 Burst which i believe he did buy assets with.
    $79 was spent on getting banners made and also twitter promotion on Fiverr
    $140 on servers
    $25 for banner advertising on Bitcoingarden forum
    there is $1865 in the account for further payments to Flash,servers and that and possible further advertising.
    The rest 3.15 BTC is spread in different place faucets, exchanges, MoneyPot and also on advertising platforms to be used for promotion
    the rest is held in other currencys xmr, stratis and expanse as the start to building bankrolls for addition to the casino.
    There were also other payments made for blog posts and other promotions.

    Now with all that said for sure people are going to pick it apart, I havent worked out the conversion rates for btc>aus$ then transfering it to paypal in australian dollars to convert to USD that i pay to Flash and then it shows it as euro on the paypal statement or on the particular day or Burst to BTC then other currency or what the exchange rate was at a particular time and so on and there are other costs bits and pieces here there and everywhere .
    And yes I expect it to go straight to the HUB and certain people to spew there dribble, and someone asked me why i dont join there, as i stated from the start i have no interest in that site, not comfortable with there set up and other reason and elements there, and i know they will say this and that to what i said, but before this was started as in the asset as a whole i said that so by saying that now has nothing to do with whats happening now .

    Can you provide screenshots of your trades, mellow ads and anon ads deals? Can you also provide screenshots of your polo trade history and bittrex.
    Thanks



  • @mathew The basic answer is no, Im not going to screenshot 25 pages of trades on poloniex, which also includes personal trades as i have one verified account there, the same with Bittrex or every single site i have done anything on, cause then it will just go on and on and on, next thing people will ask for more and more and more and im not going to sit here day in and day out providing every single little thing on a constant basis, like yesterday i woke at 5 am , then because I read the post but didnt reply within 10 minutes got grilled over that, sorry not sure how other people wake up but in the morning , need a coffee to kick shit off, then all day and i mean till 10 pm last night , after having to go to work and yes I work for myself, i own a construction business and have employees, my phone constantly beeping , answer people while dealing with work, kids family and then coming home last night to a whole heap of PM's questions and so forth, answering to the best of my ability, getting threats, being told that there is only one real casino in the Burst eco-system, being told that these people will do anything they can to destroy BTCDragon (and yes I do know where this is coming from), and a whole gamit of shit , while still trying to develop stuff and get stuff sorted!!
    I dont have time every single day to provide every shred for everyone all the time, and yep getting really pissed off, seriously, with doing one thing , then asked to do something else, then something else, then again more , nah , Im nearly at the point were ill say fuck it!!, every one put there assets up ill buy them all back , obviously they wont all be bought back at once as funds have been used , but with the casino earnings they will be and be frikken done with it , ill run it myself, shut the burst side down, so at the end of the day the only loser will be me and those pathetic creatures can have there hollow win..



  • @Bitdv said in [CAUTION] BTCDragon Asset:

    @mathew The basic answer is no, Im not going to screenshot 25 pages of trades on poloniex, which also includes personal trades as i have one verified account there, the same with Bittrex or every single site i have done anything on, cause then it will just go on and on and on, next thing people will ask for more and more and more and im not going to sit here day in and day out providing every single little thing on a constant basis, like yesterday i woke at 5 am , then because I read the post but didnt reply within 10 minutes got grilled over that, sorry not sure how other people wake up but in the morning , need a coffee to kick shit off, then all day and i mean till 10 pm last night , after having to go to work and yes I work for myself, i own a construction business and have employees, my phone constantly beeping , answer people while dealing with work, kids family and then coming home last night to a whole heap of PM's questions and so forth, answering to the best of my ability, getting threats, being told that there is only one real casino in the Burst eco-system, being told that these people will do anything they can to destroy BTCDragon (and yes I do know where this is coming from), and a whole gamit of shit , while still trying to develop stuff and get stuff sorted!!
    I dont have time every single day to provide every shred for everyone all the time, and yep getting really pissed off, seriously, with doing one thing , then asked to do something else, then something else, then again more , nah , Im nearly at the point were ill say fuck it!!, every one put there assets up ill buy them all back , obviously they wont all be bought back at once as funds have been used , but with the casino earnings they will be and be frikken done with it , ill run it myself, shut the burst side down, so at the end of the day the only loser will be me and those pathetic creatures can have there hollow win..

    I am just asking for transparency of where the money has gone and where its been invested, I get you are busy with family etc but when it raises concerns you should show transparency.



  • @Bitdv said in [CAUTION] BTCDragon Asset:

    there is $1865 in the account for further payments to Flash,servers and that and possible further advertising.

    Do you plan to calculate and reserve a sufficient number of assets to further support programmers and servers etc. (e.g., 10-20%)?
    I think it would have saved you from headaches in the future when all the shares are sold.
    It will also increase the value of the asset due to the reduction of supply in the market.



  • @mathew said in [CAUTION] BTCDragon Asset:

    I am just asking for transparency of where the money has gone and where its been invested, I get you are busy with family etc but when it raises concerns you should show transparency.

    OK while we are all asking questions, how about you pop back over the wall and ask for some proof of this statement by Focus?

    Great @Matthew, first off his numbers are incorrect, he collected a hell of a lot more than that.

    Rich



  • @RichBC I will ask him that but I just want to say I am not trying to get in between anyone or become enemies with anyone, I simply just want to find out what has been going on and what is true or not.



  • @mathew OK great. It's all very well to criticise someone for providing inaccurate data, but when one side has said "Ok the total amount of Burst that was raised from sale of assets was 30,666,075 Burst" then just spouting "hell of a lot more than that " just does not cut it.

    Rich



  • This is a screen shot of all the Ask orders placed on the asset owners account go thru it , the transactions , as im not going to screen shot them individually and work it out
    alt text

    and also there was a buy for 10,000 assets which i did forget to put up and add to it which did equal 1,000,000 burst , but a hell of a lot more , thats the transactions and the amounts .
    As for Focus i have stated publicly my opinion , so it hasn't changed and dont need to say anymore on this.



  • @emcb with the sale i have said in dribs and drabs, meaning like i said a couple of 1000 here and there i did say every 3 days or so but not as a given and even if i did say sell 10k not that this would happen just using as a example) a week it would take around 40 weeks and also the buy back this would be like a savings plan as such , so that is say BTCDragon decided to break away from moneypot , be used then , so there would be no sell of in a short period , it would actually be over a period much longer. and the 20% that the casino holds for promotion/advertising and such will get to a point were it would cover day to day running of the casino .

    ill be back later as i need to go to work ..



  • @Bitdv
    I meant to reserve 10-20% of the assets not to income from periodicals trade, and income only from dividends.



  • @emcb ok sorry for the miss understand there and understand what you are saying , and yes that is a option for sure , didnt really think of that , but good idea !!



  • For me personally, the more sites and Casinos supporting BURST, the better for BURST as a whole..I love Everyone trying to do their best for the BURST Community..I managed to buy back around 2.5k total so far..


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