[ANN] Futuros
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@Hyzi0 Didn't know that the disclaimer was added, but it doesn't change the fact.
Investors are still getting back the promised 5% ROI, just evaluated in USD. If the value of Burst had collapsed instead of rising, would you want the 5% of your investment in Burst, or in USD ?
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@haitch The thing is, if burst price collapsed we wouldn't be discussing this as ROI would still be calculated in burst.
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@Hyzi0 but if the price of Burst collapsed you'd be getting significantly more than 5% of the Burst you invested, or Babelis could just pay out the 5% worth of Burst and keep the rest for himself.
Assets that generate their revenue in Burst, like Mining Assets, are going to generate a consistent number of Burst. Assets that generate their income in other currencies will also generate a consistent revenue, relative to the price of the Burst.
Lets say you wanted to lease some server space from me at an agreed $10/month. At the time we made the agreement Burst was at 30 sats and $10 = 20,000 Burst. But now Burst is at 300 sats - are you willing to continue paying me 20,000 Burst ?
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@haitch As I already said I know how it works. I know it can be beneficial if burst's price drops significantly. I always knew that if burst price ever goes high all gpu mining assets will have problem. Thus I don't need refund as Futuros most likely will always have better ROI then other gpu assets.
The only problem I have is that they promised harrygon MIN 1.25%/week and it was logical for him to think that it will be in burst as nothing was mentioned before about USD. In addition everything since last week was calculated this way. He is obligated to pay his shareholders 2%/2weeks and buyback everything @150%. So the only solutions I can see is futuros gives back whole burst that harrygon invested or harrygon will do the same - give 150% but in usd instead of burst (7.5 burst instead of 15). I'm sure that after that move there would be a lot more ppl that would see problem in changing rules after few months.
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@Hyzi0 Maybe it's just me, but I'd have assumed everyone would have realized that assets that don't generate in Burst would have an ROI relative to the price of Burst.
Why should he have to buyback at 150% of the buy price?
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@haitch It's in his OP
https://forums.burst-team.us/topic/4563/harrygon-s-assetmine-asset/2Of course ROI would fluctuate with burst value change. Everyone would expect it if they didn't put MIN ROI and ensured harrygon in PMs that they can handle it.
Now as earnings drop it's obvious that they can't so I understand changing the rules and buying back shares of ppl that want out. I just think that they should cover at least harrygon's loss caused by burst price increase as he talked with them before investing ensuring that they can handle it for at least a year.
All of this could be avoided if done earlier/when burst was low. Now if they won't pay harrygon's full refund he has no choice and has to do the same.
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@haitch said in [ANN] Futuros:
@Hyzi0 Maybe it's just me, but I'd have assumed everyone would have realized that assets that don't generate in Burst would have an ROI relative to the price of Burst.
Why should he have to buyback at 150% of the buy price?
It's indeed in the OP of assetmine, which is a great stable investment for people who believe in burst.
However it's kind of the decision he made regarding his asset. by investing in a GPU-mine based asset he would benefit from the fact that those returns would increase faster than the raise of the burstprice. Burst however had quite a big boost lately and that kind of messed up this part of his plan. he still has others in his portfolio, but this made his business-model take a big hit.
Ideal for his asset's plan was for the burstprice to go down.
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@babelis i swaped my assets with haitch so u dont have to buyback alot of shares
harry
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@harrygon alright then, the buy order will be placed soon
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@haitch Thanks for solving this problem!
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yes thanks haitch, the buy order is up at 0.25$ for 5 days, feel free to sell your shares if you want to and sorry for the potential loss
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@babelis @Hyzi0 As I posted above, I understood the guaranteed ROI would not be based on the price based in Burst. So I have no problem with the asset and am happy with the payouts - I'll be holding them.
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Divs
Assets sold - 6607.1 * share price - 0.25$ = 1651.775$ ---> weekly ROI 1.45% = 23.9507375$ = 2550 BURST```
Futuros (1605211475111316015) Total found assets: 1000000, Assets to be distributed: 6607.1 Summary of proposed distribution of 2550BURST to 43 Based on asset holders at timestamp 87079527 (Sun, 28 Aug 2016 08:45:27 GMT) ---------------------- Number of assets, Account, Payout amount 5400, BURST-5LW6-657H-WXHL-49BCP, 2084.12162673 562, BURST-Y4UV-VYTT-Q3EK-A4TEE, 216.90302856 298, BURST-X724-7N6K-RQA7-866M6, 115.01263792 200, BURST-44FY-YB7W-BDCJ-32ECU, 77.18968988 50.1, BURST-NKUQ-999W-CV88-2LARZ, 19.33601731 25, BURST-4GT7-QLA2-FLDA-44EMT, 9.64871123 17, BURST-HTFF-7PFC-5PNF-7E884, 6.56112364 10, BURST-4WAN-VXS8-Q9SY-B3F3D, 3.85948449 10, BURST-9UCW-N7RK-ZNNN-HQ3B4, 3.85948449 5.1, BURST-M3VQ-8YBL-VET6-BF4F2, 1.96833709 5, BURST-5YBX-W97K-PEHB-C4XPX, 1.92974225 3, BURST-MU3B-89RM-YYSW-9F8D5, 1.15784535 3, BURST-MYVV-Z3W6-6JXT-FDE6T, 1.15784535 2.3, BURST-D6NX-Q5KG-5UZ7-A2LLV, 0.88768143 2.1, BURST-RD3G-FELL-GJND-4NQW3, 0.81049174 2, BURST-K6VZ-WS7K-2FTP-HMUW6, 0.7718969 2, BURST-JJGJ-UXYK-DWM7-7RB5X, 0.7718969 1, BURST-WWA9-CMQJ-ZLRD-DLUUY, 0.38594845 1, BURST-84BD-SN8K-8ET6-HRJN7, 0.38594845 1, BURST-YQFX-X5K7-UCER-8SMMW, 0.38594845 1, BURST-E2U2-JYZ9-XSDC-6NGDF, 0.38594845 1, BURST-4FWQ-85G6-EHQQ-6T27Z, 0.38594845 1, BURST-N6MK-YHKS-NLVR-HMHLV, 0.38594845 1, BURST-HEES-AYVF-MTK6-FVYBR, 0.38594845 1, BURST-BRUQ-MY7L-UTL3-FH3AX, 0.38594845 0.3, BURST-L4BJ-LLHL-S8UB-HWXZV, 0.11578453 0.3, BURST-2T9H-6DPY-7TQH-B5W7Y, 0.11578453 0.2, BURST-ZAJT-EYMU-LPUL-9TP4V, 0.07718969 0.2, BURST-M2F3-AQ8V-5VRD-3BPWW, 0.07718969 0.2, BURST-NNK7-5EKB-49CK-HN9SG, 0.07718969 0.1, BURST-KZQV-7L7K-89K6-HXFGP, 0.03859484 0.1, BURST-4FM8-2MJ5-NL29-59A6S, 0.03859484 0.1, BURST-DGDQ-GN55-B7F3-GE3TH, 0.03859484 0.1, BURST-VEFU-NW9C-BK3S-4X297, 0.03859484 0.1, BURST-LACW-VZ2A-YXA4-36VYU, 0.03859484 0.1, BURST-YWAX-PYAA-XX5G-D9JPP, 0.03859484 0.1, BURST-4CTH-XEGM-5GXG-CYEE9, 0.03859484 0.1, BURST-FK9X-CMV2-4Q7Q-C4P4S, 0.03859484 0.1, BURST-8PXZ-YZPN-8GBV-EUXMB, 0.03859484 0.1, BURST-QYVC-NLY4-6M5Q-DD5KT, 0.03859484 0.1, BURST-UDK7-D5Y3-MR94-9UQS9, 0.03859484 0.1, BURST-J7U6-TV88-DJX3-9BYB4, 0.03859484 0.1, BURST-K48W-F6TF-LQJW-FHR6A, 0.03859484
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@babelis Nice payout. Which is why I'm holding, and will be buying more when funds available .....
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This post is deleted!
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thanks @haitch, u are doing the right thing, just wait for the summer when we expand and start reinvesting into this asset
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@newsense2004 are you seriously advertising your asset and seducing our investors directly here? This is really inappropriate and stupid from you...
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@babelis said in [ANN] Futuros:
thanks @haitch, u are doing the right thing, just wait for the summer when we expand and start reinvesting into this asset
No, thank you - you're creating a reasonable payout, and if the asset expands it can only continue to get better.
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We have made some good trades this week, enjoy
Assets sold - 6922.1 * share price - 0.25$ = 1730.525$ ---> weekly ROI 2.72% = 47.2$ = 4000 BURST
Futuros (1605211475111316015) Total found assets: 1000000, Assets to be distributed: 6922.1 Summary of proposed distribution of 4000BURST to 46 Based on asset holders at timestamp 87663859 (Sun, 04 Sep 2016 03:04:19 GMT) ---------------------- Number of assets, Account, Payout amount 5400, BURST-5LW6-657H-WXHL-49BCP, 3120.4403288 562, BURST-Y4UV-VYTT-Q3EK-A4TEE, 324.75693792 298, BURST-X724-7N6K-RQA7-866M6, 172.2020774 200, BURST-44FY-YB7W-BDCJ-32ECU, 115.57186403 164, BURST-NGGP-LZ2G-BPC2-8DKGE, 94.7689285 150, BURST-9XFH-CFS7-CZKQ-29D3E, 86.67889802 50.1, BURST-NKUQ-999W-CV88-2LARZ, 28.95075194 25, BURST-4GT7-QLA2-FLDA-44EMT, 14.446483 17, BURST-HTFF-7PFC-5PNF-7E884, 9.82360844 10, BURST-9UCW-N7RK-ZNNN-HQ3B4, 5.7785932 10, BURST-4WAN-VXS8-Q9SY-B3F3D, 5.7785932 5.1, BURST-M3VQ-8YBL-VET6-BF4F2, 2.94708253 5, BURST-5YBX-W97K-PEHB-C4XPX, 2.8892966 3, BURST-MU3B-89RM-YYSW-9F8D5, 1.73357796 3, BURST-MYVV-Z3W6-6JXT-FDE6T, 1.73357796 2.3, BURST-D6NX-Q5KG-5UZ7-A2LLV, 1.32907644 2.1, BURST-RD3G-FELL-GJND-4NQW3, 1.21350457 2, BURST-K6VZ-WS7K-2FTP-HMUW6, 1.15571864 2, BURST-JJGJ-UXYK-DWM7-7RB5X, 1.15571864 1, BURST-Z7VW-2PQH-AR3V-EX3ZW, 0.57785932 1, BURST-N6MK-YHKS-NLVR-HMHLV, 0.57785932 1, BURST-84BD-SN8K-8ET6-HRJN7, 0.57785932 1, BURST-YQFX-X5K7-UCER-8SMMW, 0.57785932 1, BURST-BRUQ-MY7L-UTL3-FH3AX, 0.57785932 1, BURST-HEES-AYVF-MTK6-FVYBR, 0.57785932 1, BURST-4FWQ-85G6-EHQQ-6T27Z, 0.57785932 1, BURST-E2U2-JYZ9-XSDC-6NGDF, 0.57785932 1, BURST-WWA9-CMQJ-ZLRD-DLUUY, 0.57785932 0.3, BURST-L4BJ-LLHL-S8UB-HWXZV, 0.1733578 0.3, BURST-2T9H-6DPY-7TQH-B5W7Y, 0.1733578 0.2, BURST-NNK7-5EKB-49CK-HN9SG, 0.11557186 0.2, BURST-ZAJT-EYMU-LPUL-9TP4V, 0.11557186 0.2, BURST-M2F3-AQ8V-5VRD-3BPWW, 0.11557186 0.1, BURST-J7U6-TV88-DJX3-9BYB4, 0.05778593 0.1, BURST-8PXZ-YZPN-8GBV-EUXMB, 0.05778593 0.1, BURST-FK9X-CMV2-4Q7Q-C4P4S, 0.05778593 0.1, BURST-4CTH-XEGM-5GXG-CYEE9, 0.05778593 0.1, BURST-K48W-F6TF-LQJW-FHR6A, 0.05778593 0.1, BURST-KZQV-7L7K-89K6-HXFGP, 0.05778593 0.1, BURST-4FM8-2MJ5-NL29-59A6S, 0.05778593 0.1, BURST-UDK7-D5Y3-MR94-9UQS9, 0.05778593 0.1, BURST-DGDQ-GN55-B7F3-GE3TH, 0.05778593 0.1, BURST-LACW-VZ2A-YXA4-36VYU, 0.05778593 0.1, BURST-VEFU-NW9C-BK3S-4X297, 0.05778593 0.1, BURST-YWAX-PYAA-XX5G-D9JPP, 0.05778593 0.1, BURST-QYVC-NLY4-6M5Q-DD5KT, 0.05778593
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@babelis nice job man, keep up the good work.



