95% Assets Seems Scams or Handled with Selfishness and Unmaturity is their Any Drastic Change required in Asset Exchange?



  • i think @ccminer did similar if i am not mistaken, new asset for new or upgraded operation



  • @falconCoin what I did?



  • @ccminer that you did a whole new asset for your new rig....

    i was praising you as i think that is best way, that way new prices new equipment is at the current fiat value and no one feels scammed



  • @falconCoin yeah but 6 months ago I thought you were talking about now



  • @ccminer nope...

    yeah i think that is the way to go like you did



  • @falconCoin thx appreciated it looks no one give a S**T on the fact that I processed
    297 PAYOUTS
    I paid
    2292870 BURST
    I paid in network fees around
    59850 BURST

    I managed THE BIGGEST MINING ASSET IN THE AE divided into 2 assets!!!

    but hey I'm a bad asset issuer!!!



  • @falconCoin said in 95% Assets Seems Scams or Handled with Selfishness and Unmaturity is their Any Drastic Change required in Asset Exchange?:

    @Dillion is that audio recording?

    @TheMartian one of my favorite sayings "invest in your self"

    i bought mining assets too and sold them... the ROI was so slow i felt. I also got out of ALL assets when i lost tons in the casino asset, i was buying them at 1500 and next thing they are 700 and down and down.

    i realize the ppl who are doing the mining assets want new equipment and want to mine more and more.

    BUT is there any reason they can be done as NEW assets ? with any upgrades why not do a whole new rig, that way early ppl are not losing out. and if they want to invest into the new operation they can.

    im sorry but i dont agree with " you take a risk when buying a asset" ppl take a risk for things that should be out of the hands of a issuer not the FAULT of the issuer. using funds for anything outside what is in the asset description is unfair to them.

    another thing i do not get maybe someone can enlighten me, if the asset money is to go into equipment. then why is not ALL of the asset money used for equipment? why are their so much fund sitting around that they can be used for any other reason. I am sure no investor would mind having any of the surplus funds sent back or put in a wallet that is NOT controlled by the asset owner. that when they need something like light bill they have to at least be accountable to someone.

    sorry if this upsets anyone but i think if there was more accountability and not 1 person in charge of ppls funds it would go a lot farther with trust in assets again

    I operate a mining asset, NewMiner and any new equipment is only adding to the value and dividend payouts.



  • @newsense2004

    what i mean is selling more shares to do add more equipment.

    if your not one of the issuers that ppl are complaining about then you too are doing something right.

    AE needs some help and i am not bashing anyone by any means, just trying to help find a solution to get the ppls trust again


  • admin

    You have to understand that no one will invest if it's not profitable. I will once again use CCM as example as it's easy to calculate with it^^ If CCM asset costs 10burst/share you would have to pay ~500$/tb. No one will pay this much... It's normal thing to adjust price so you are buying mining power at normal price - ~30$/tb. That's essentialy what most of assets named here are, buying mining power. It's like crying that you bought graphic card for btc burst while btc was cheaper...

    But if the "cost" of your shares goes up, then so does your return. If you're looking at the fiat price, if the cost goes up by 10x, so does your payout. In fact with mining assets, having a higher fiat cost than it did, means the asset issuer gets more fiat, and can expand the farm earning you even more Burst, and therefore fiat.

    Would you still be complaining about the price of Burst dropped to 1 Burst? You can buy a hell of lot more shares for your fiat, but it doesn't allow CC to expand.

    Assets that earn in Burst benefit from the price increase, Assets that transfer to Burst are still paying you the same return, as measured in fiat, as they always have.



  • I agree and apart from 2 or 3 that I really trust, I will actually invest in projects OUTSIDE of BURST to back up the Qibuck asset. There are a few serious projects and good staking coins, plus mining and trading, rest of the assets here have really gone to pot and REAPER was the last straw for me. I invested 1-2 days ago and now found out it was a scam.. What a waste of burst. Unfortunately most of my Burst has dissipated..only 2 assets have held their value to a degree but liquidity is also another problem.



  • @qibucks you deserve to get scammed if you are investing in reaper like asset lolz



  • @haitch where was I complaining? I simply stated that lowering the price of asset is normal thing so new investors pay same amount for return. So when ppl were complaining about ccm it was simply stupid for me as he just wanted to sell exact amount of minig power(150000 shares = 25tb)
    I know that if share price stays the same he can buy more mining power but then new investors simply pay for extra equipment.



  • look at my asset for example. When it was issued the fiat value was around 2400 usd not exactly but its not important now! 50% of BURST went to escrow 50% invested in btc i was selling for 10 BURST / piece some people just sold it even for 1BURST/piece really wtf??? was it worth? I know there is low liquidity but still just wait... You can be sure that if i lost every single satoshi (which i did not) you would still get back 5 burst/share... I mean if the asset defaulted... Now lets have a closer look at fiat worth at this point . Btc price is close to double now means in fiat the btc only is worth 2400usd now! And the burst on escrow is worth now aprox 14650usd. In between the time we got several assets meaning another fiat price increase and payed dividends ! Of course i have at this point less time so there is a bit of a mess but it will be over in 2 weeks time and asset returns on normal weekly dividends! And im still managing it only im paying divs when i get time sometimes 2 weeks instead of 1. But the point is in 6 months i did increased the assets holding by some good decisions(Including escrowing 50%) from the starting aprox 2400 usd to aprox 20000 usd!!! and was paying dividends yet you call it a fail! Together with the other assets... Of course if you would hold burst instead of my assets you would get a larger profit if you sell it just now! But i think you would sell straight away somewhere at 250sat/burst . And keep in mind that my assets aim is to raise the worth of BURST by pumping in btc! Of course people are selling it much cheaper now because they do panic and they think the divs are low but as they wish... I cant stop em being stupid...



  • @qibucks I seen that post and for sure it was a scam heh, it's sad that he got away with it!!

    @falconCoin I took that quote for my signature, It's one of my favorite sayings too!@falconCoin I took that quote for my signature, It's one of my favorite sayings too!



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  • @dvndr007 Thanks for contributing to the great community spirit..I see you are the type of person who enjoys seeing other people stuffing up and laughs at other people's failures..be careful because karma can boomerang back at ya and one day you will find someone laughing at your suffering or set back, be careful lol I am 51 years old and old enough to be your mother..I wonder if your mother if she ever made a bad investment you would tolerate someone being rude to her. I think it's time we all learned some manners which is becoming very lacking especially now in cryptoland. People think that freedom of speech means totally disrespecting others. Too much reality TV shit and sensationalism has desensitized people to such a degree that it's making us all almost inhuman and uncivilized. Anyway I gave you enough of my precious time..Peace out.



  • @TheMartian Oh well another one bites, the dust, we live and learn lol. We need to move on :)



  • I also invested even though I was sure it was a ponzi or had a lot of it, and the only problem is that I invested late.

    Since I am in this world of cryptocoins if I have taken as an example the phrase reverses what you are willing to lose.

    Knowing this I invest in all the ponzi that I see and I do it because these are dedicated to respect the payments while they do not get enough to give the blow, so if you survive at the right moment you win and if you do not lose.

    I never invest amounts greater than 0.1 BTC and if I can double or triple the investment I am satisfied, it is not much but so when I am wrong and I lose neither does me much harm



  • Change is needed in the way assets are structured and managed. We need to separate the sheep from the goats. Asset issuers need to be more proactive and savvy enough to manage their asset competently and avoid their asset value crashing. Confidence should be displayed at all times and they should always have a plan and backup plan to maintain / increase the value of their assets, continually increase their dividends / profits and also continue to bring in new investors. It seems like most assets are not being ran with the conviction of a real business owner / operator, maybe because the success of most asset issuers do not depend on the success of the asset? If an asset is an actual business and not a part time hobby / fund raising venture and the asset issuer's future / life is depending on the success of the asset then you will see the difference. I plan to set an example of how an asset / business should be managed / operated and renew some investor confidence in the Burst AE soon. Intervention / new ideas are badly needed in the Burst AE before all investor confidence is completely dead and the Burst AE kicks the bucket...



  • @pml2020 that is how i feel too

    something needs to change and not tell us oh we don't need this casino i have another business etc.

    we need ppl who treat as a Business and make it grow as a business like it was 100% their own.

    now this comment is NOT against everyone but i know from experience in my old profession when ppl get sponsors to pay for the venues, and the insurance and advertising etc. ppl tend to half ass it.

    we called it "OPM" other peoples money.

    I also believe SOMEHOW there has to be some checks and balances going on here, ppl NEED to be held accountable for things. I get this is crypto but some things in society were put there for a reason and some of that needs to be done here too


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