New thstake asset!
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@tomahawkeer Thanks for the updates. It reassures investors.
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UPDATE:
Ok a bit more info here.
All wallets are now complete EXCEPT bitbeans and net. Still have over 1btc worth of coins out for bitb and about .31 for NET. If I can get them bought soon ill have to bite the bullet and just pay the higher prices.
Hyperstake is finished with over 2.24 BTC worth of coins (4.4 million hyp). I expect it to be our best money maker.
DMD is worth around 1 BTC, with over 2k coins total.
Hyper is worth around .54 btc with 304xx coins total
NET is worth around .22 btc now (not including the .31 still out) Currently have over 700k coins and will have well over 1 million when its all done.
Bitb is currently worth about .4 BTC, (5.3 million bitb) with another 1.2 BTC outstanding for purchases. We also have about an additional 3.4 million coins that I have loaned the project. Total amount in wallet is currently well over 8 million, with hopefully another 15 million still to come in from buys.
OK cash is worth about .81 BTC (199700 coins)
Total value of the assets (in BTC) as long as purchases go as planned, will be around 6.72 BTC (slightly higher than original predictions)All wallets can be viewed above (in the initial post), with the exception of NET, they don't currently have a good blockchain explorer, however if I understand correctly one is in the works very soon.
If anyone has any questions let me know! Will post more updates as things change. Things will get boring once the buying is done, after that it was be all dividends lol!
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UPDATE:
All wallets are complete with the exception of Bitbeans. We have about 1 bitcoin outstanding, trying to purchase, however in order to fill it we are going to lose about 15% of the coins I had originally projected us to get due to the increase in the price of the coin. I can either fill it 1 and 2 satoshi higher than what I had projected, or let it sit and try to get them at my original price. This is a difference of 12.5 million coins vs lower, possibly down as low as 10 million. Anybody have opinions on it ? Should I just buy them and get it over with, or let it sit and try to get a better price?
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@tomahawkeer Be patient. If it hasn't gone through in a couple of days then bump it down 1 satoshi
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@tomahawkeer I think regardeless the new asset you was talking about you could work without damage anyone that has already buy it, you could use it too for adding another coins to this, if you create another asset with a new batch of coins, and then when that asset has been all sold you close it and add the shareholders to this asset increasing the amount of shares in this asset, so this will be the sharks asset witch will collect from the stake of all coins and the other asset will just pay from the stakes of the coins related to them and when all has been sold they enter to the big asset...Just a thought!
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@gpedro That is a thought, however I have no idea how to combine assets or close an asset. I actually created an asset before thstake, and I put incorrect text in the description, so I didnt use it and recreated it as thstake.
Anyway, I am thinking about this, I also have an idea for an alt coin trading asset including bot algo trading, as well as arbitrage trading between exchanges.
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@tomahawkeer with the dividends script you can actually distibute assets shares. So you could create a new asset and then just distibute shares of that asset to the thstake holders and then just forget about thstake
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@tomahawkeer what @stupendelious said and you can swap an asset for another... take a look in the dividends, i haven't tried but i think that what i said its possible to do with this functions, to close you could just ask people to send you the asset's back because that asset will not pay anymore...
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@gpedro @tomahawkeer yeah, I saw that asset swap thing
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Update:
1.29 Million bitbean have been bought and sent to the wallet. We still have about .9 BTC waiting for more bitbean purchases. The wallet total is now over 10.1 million.
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Update:
Still have about .9 BTC out for buying the remaining bitbeans. Prices just not budging much.
Next div day is on or around September 5th, I will be waiving the maintenance fee for that div payment. 85% of all stakes will be paid out as the div at that time. And as always the remaining 15% will stay held in wallets to keep increasing the ability to stake.
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UPDATE:
An additional 2+ million bitbeans have been added to the wallet. Open orders are still out to purchase an additional 10 million, waiting for more buyers at that price. Also of note, Diamond coin has started staking and while small amounts, it is worth more than any other coin.
As always you can keep tabs on how the coins are doing by visiting the links in the initial post for all wallets.
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MAJOR PROBLEM :-(
HYP is set to be delisted at Poloniex. This is the largest coin within the asset and would leave it without a large exchange. It is still available at cryptopia, however getting booted from poloniex is huge to say the least.
Opinions or thoughts ??? It has lost over 40% today alone. I know a lot of people are sending requests etc to poloniex to keep it active, however it is hard to say if it will happen or not.
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I think sell it and stake another coin. Just my thoughts, rather than losing more or losing it all. Or exchange it back to burst. Can it?
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@tomahawkeer said in New thstake asset!:
HYP is set to be delisted at Poloniex.
Why on earth would they want to do that?
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@Propagandalf dont know, its a great coin and the past couple of days has been really staking well. Its a shame that they did that because the price to tank :-\ Hopefully the user feedback will cause them to re-consider.
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Well, there was a pretty big dump yesterday, however, the coin has pushed back up to almost 30 satoshi, it had been as low as 19, however previous trading was around 48 satoshi. Completely pissed off at poloniex for doing this. There are other places to trade HYP, and I will make arrangements to do so, however Polo is the big dog.
I don't know how many other members of the burst community were into HYP or not, however, if this has pissed you off, please feel free to go to poloniex and submit tickets to support about it, as well as do coin requests for it. Maybe if enough people are doing this, we can get them to keep the coin on the exchange and see the price move back up.
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@tomahawkeer Its all about volume for them, not much volume on a staking coin. They want volume to catch their fees.
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UPDATE:
We are still waiting on buys to go through for the remaining BITB. I can raise the price, or cancel and look into buying another coin, or more of coins that we already have.
Hyperstake while, it is THE highest %APR return coin out there, is currently very low due to its future on poloniex, however, the coin isn't dead, and can still be exchanged on other exchanges. It could be a good time to buy more of it since it is pretty cheap atm. Thoughts?
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@tomahawkeer said in New thstake asset!:
is currently very low due to its future on poloniex
If that is the only reason why the coin is depreciated, and if it has a promising future otherwise, then I would say it is a good time to buy more and hodl (long-term thinking). For more short-term profits, investing in another coin could be a good idea if it takes a while for the value of Hyp to appreciate. I don't hold a particular perspective as regards assets I'm invested in, since I both hold and sell.



