[ANN] Futuros


  • admin

    @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 ?



  • @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.


  • admin

    @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?



  • @haitch It's in his OP
    https://forums.burst-team.us/topic/4563/harrygon-s-assetmine-asset/2

    Of 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.



  • @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.



  • @babelis i swaped my assets with haitch so u dont have to buyback alot of shares

    harry



  • @harrygon alright then, the buy order will be placed soon



  • @haitch Thanks for solving this problem!



  • 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


  • admin

    @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.



  • 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
    
    

  • admin

    @babelis Nice payout. Which is why I'm holding, and will be buying more when funds available .....



  • This post is deleted!


  • thanks @haitch, u are doing the right thing, just wait for the summer when we expand and start reinvesting into this asset



  • @newsense2004 are you seriously advertising your asset and seducing our investors directly here? This is really inappropriate and stupid from you...


  • admin

    @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.



  • 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
    
    


  • @babelis nice job man, keep up the good work.



  • Nice payout! Glad i invested in this :) cheers!



  • @babelis Great job guys!^^ Thank You!


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