New thstake asset!
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@Bitnet88 that IS a coin I have looked at however, I would like it to get some age first. There are still a lot of assets out, so it is possible that I will add it before that all sell out. I could also remove something from the assets and exchange for it, however I do want to wait a bit before I make the decision. Really new coins can be a big hit or a big miss and I would rather be a little cautious.
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Just purchased 100! Glad to support a new asset =)
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July dividends going to be paid out today as long as the dividend addon works. Only enough stakes from 1 coin (bitbeans) to sell on exchange for dividends. Little less than 0.5 burst per asset. A separate post will be made once dividend is paid, which will include details on other coins.
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Just bought a large chunk! Plenty more left. Keep up the good work, mate :)
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Just a quick update:
Someone made a HUGE purchase, and has purchased ALL of my remaining assets. With that being said, I will be exchanging them and getting everything into the staking coins. Expect another update today or later this weekend with updated wallet numbers.
Also please note, the same person who purchased is also selling them shares at a higher amount. 100% of all shares have been sold at initial prices and are now being resold.
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Update:
Going to be selling the coin slowly as I don't want to sell it too low, or be responsible for crashing the price(s) on multiple exchanges, as this is a lot of coins. I have sold some, so hopefully can have the rest sold at reasonable prices by the end of the weekend. Will be paying attention to the exchanges as best as I can throughout.
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That was a big buy indeed ^^
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@tomahawkeer just an idea, if all these people are so interested in staking assets, you could make another one with even more assets and maintain the old one
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@tomahawkeer I wish I had been able to invest in more shares! Make another one ;) it would have more profit
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That is a thought....
making another would mean either a complete new set of coins.......maybe a different box to run them on.....OR....
Add more assets to this one???
Adding assets may piss off people that want to sell shares atm though :-\
I will have to think about it.
If anybody has thoughts on this please share. In particular if you are a current asset holder.
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I almost forgot. UPDATE:
A good amount of burst has been sold all between 49 and 54 sats across 2 exchanges (had issues getting deposits for c-cex) still have about 2.6 million to sell to exchange for other coins. The total asset was 15 million.
Diamond coin has been purchased, you can follow it with the above wallet blockchain link (initial post) I am planning on add more of it, however I am still in the process of selling burst and trying to get best prices out of it and adding other coins, however we have a decent amount of staking coins for every wallet listed above.
Over the weekened I am hoping to get the majority of the rest of the staking coins purchased, hopefully with good prices. Always trying to do best bang for buck on the exchanges.
As far as the comments above about making another staking asset, please give feedback. If you want me to do a completely separate one, or maybe just add more assets to the current? I am a little leary of doing that simply because the person who bought the majority of the shares has listed most of them for higher than initial price, and I wouldn't sell for any more than I did the initial 1 million shares which would undercut his prices. Anyway, let me know what you think.
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A second separate asset seems fair.
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@tomahawkeer the way I'm looking at it, adding assets doesn't seem to matter because revenue doesn't depends on how many assets are sold. If I buy one asset, then I would get back the equivalent of 1 asset converted into stake coins. If you added 9 other assets, I would still get my same revenue. There is no negative impact to the other asset holders whatsoever. Ask around. I hope some other people agree.
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@ddos said in New thstake asset!:
There is no negative impact to the other asset holders whatsoever.
It would matter if your goal was to trade the actual assets and not just hold them for the dividends. More identical assets on the market = more difficult to get a good price for selling off the assets you already hold.
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Agree with propogandalf, adding assets would not be fair towards asset holders and especially the big buyer, mind you, taking a big risk.
My advice would be to first get things running for this one before attracting new funds (seems like you first got some funds to spend), if things go well
the new asset would attract even more buyers due to people being convinced seeing the succes of this one. Why rush?
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@BurgerBaron I agree with you. I would like to get this one a little more settled with the asset owners, as well as producing more dividends (obviously) before making any changes, or adding another new asset. I will need to do some research as well as far as other coins to try for another, once things are settled down a bit with this one. I do like the idea of staking assets obviously, just want to get some research for new coins if we want to pursue it further later on down the road.
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Here is a thought:
What about making a new staking asset, new coins etc, however staggering the amount of assets released to it. Maybe only release 100k assets to start, and stagger more asset release for it, over the course of a pre-determined amount of time, maybe 50k assets every 2 weeks after that, or maybe 100k every 2 weeks, or something along those lines ?
I definitely don't want to do it right away, as I said earlier, I want to get this asset completely established, and make sure its giving good dividends before jumping head first into another.
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@tomahawkeer Agree. Having a phased release and announcing when parts of the asset are going to be released will create a more fair game of buying shares when there is a lot of demand involved.
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UPDATE:
We purchased more HYP (Hyperstake) 694,xxx was added to it's wallet. Still open orders to buy more. Final amount for this wallet, I am hoping will be around 3 million HYP.
Still open orders to sell BURST for exchange. Roughly 2.6 million burst still need exchanged across 2 exchanges.
We have open orders for BITB, just playing the waiting game. The total amount of this wallet (including my 3.4 million personal stash) should be around 15 million. This will also make it a top 20 wallet on the rich list!
HYPER, NET, OK and DMD don't currently have any opens yet, however there will be some smaller amounts added to them as well (about .5 BTC each) I haven't calculated how much they will be once we finish purchasing for them. HYP, BITB and DMD will hopefully be our best stakers, at least I believe they will be, so they will have more funds dedicated to them than the others.
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UPDATE:
Hyperstake wallet is complete. The balance now contains 2.78xxx million coins. BTC value is about 1.44 BTC.
All coins I had on poloniex have been converted however there are still a good bit left on bittrex left to sell.
Buys are currently in place for the current coins. Once more burst sells, I may move some of the burst back to poloniex since its easier to sell them there. Should still have all wallets fully funded by tomorrow I believe.

