ppl are you taking in to account that burst price keeps rising? i understand share prices are dropping because people are cashing out but if you keep and buy your getting payed divs! And in my opinion great divs ! Of course new share sales in my opinion should be kept at same price but in usd not in burst! This is because he buys hdd-s in USD and after sold out the price could move by markets will not until that! At least if ccminer still needs to expand ! Im not sure . But keep in mind if you are selling shares, that you are selling your future dividends. So no point to sell in rush and for cheap! Its a keeper asset! Also when trading on asset market, keep in mind that when you buy you are selling your burst! So do not count your incomes and asset worth in Burst its not clever! You cant expect a business to grow as burst does. So if burst price decreases asset price increases(in most cases depends on the type of business ) if burst price go up asset price in burst drops. Its natural and i do not understand the people panicking on the asset market... And actually ccminer is a miner asset so when Burst go up it should go up as well and decrease only by time ... And not as fast as it did... It was only because people do not think and they do panic instead of thinking... Np cheap ccminer asset=cheap burst for me :)
Best posts made by potkas
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RE: [ANN] CCMINER1000posted in Asset Exchange
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RE: 95% Assets Seems Scams or Handled with Selfishness and Unmaturity is their Any Drastic Change required in Asset Exchange?posted in General Discussion
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...
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RE: Haitch's Assets Assetposted in Asset Exchange
Haitch i just wanted to say that if you want to sell assets faster it could be good to do weekly payouts. Lately there are assets which are very popular because of the weekly payouts and some are even very cheap now. So people prefer to buy them assets even if they pay smaller divs. So if you want to sell faster i would recommend to change to weekly payout. I know its only a cosmetic change but sometimes you just need exactly that! ;) Plus The weekly payout means your best promotion gets aired weekly :) . Unfortunately that means even more time needed for the management of it but may be worth. Just my idea how to increase sales :) .
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RE: 95% Assets Seems Scams or Handled with Selfishness and Unmaturity is their Any Drastic Change required in Asset Exchange?posted in General Discussion
@pml2020 lets say it like this... you don't even know whats the difference between inflation and deflation.. And if this is true its hard to explain to you anything... Your answer clearly stated you don't know the difference between the two...
Now why did i mentioned fiat.(by the way you haven't got a clue whats that either so here is the link http://www.investopedia.com/terms/f/fiatmoney.asp please educate yourself to understand.)
Because fiat was made inflationary in nature so people do not want to hold much of it and they want to invest to try and gain value.
Now here is the difference with deflationary money ! If you hold em you get good returns and you don't have to invest to get it. And at the moment you have sold your burst and acquired some assets your investment was not in burst capiche??? If the investor left it in burst he would just hardly be able to do some business at the moment...
And if you think you can do something better than wee do, why are you not a millionaire yet? You said you will show us how to do business and do your own asset. So mate good luck but be sure i will link this thread there for people to be able to know who do they invest with :)And criticizing my asset without even taking the time to look at it shows your intelligence...
My asset was done in a way it will newer lose all of its worth in burst! If you read back you will even understand i have been prepared for this since the start of my asset. Of course you can only understand if your clever enough to do so...
Of course in burst it lost some value but just as i sad to be proof against that you have to stop investing at all.
My incompetence... ok lets say your right, but i at least know what is inflation and you don't XD... sorry mate im laughing at you but you just made my day! Thanks! I really had a good laugh at your comments ;)Translate for yourself mate it will help you in the life ;) its an old Hungarian saying:
Ha hallgattál volna, bölcs maradtál volna.
similar but not the same in English:
Better to remain silent and be thought a fool than to speak out and remove all doubt. -
RE: 95% Assets Seems Scams or Handled with Selfishness and Unmaturity is their Any Drastic Change required in Asset Exchange?posted in General Discussion
@pml2020 In my eyes you fail to understand some basics mate. Together with some of the investors :) . Im not saying we don't need some good assets and i agree that most of them at this time are getting incomes only by mining.
But , you did say that they fail to hold the value ... Well some of them may be, but in most of the cases it just shows you
1: fail to understand or
2: you don't want to understand or
3: you are unable to understand that your wrong!
First of all you look at their price at burst... Well mate to just be able to hold it in 2 weeks you would need to raise the worth of your business whatever your doing by 250% + extra for some profit...
Now you really think that you would be able to come up with something to do that?
If your answer is yes then another question... Why haven't you got more money yet than Bill Gates ???Do you know that your talking about crypto coins right? Do you understand what they are? Because i think you don't at all...
Have you ever heard of something called inflation and deflation? Do you understand what are they and why im i asking it?
Do you understand BURST coin by nature is deflationary ?
A quick example for you and your understanding of business :
prices wont be real here only made up by me but its just an example for you to understand why are you talking bullshit because i really have enough of it!
So the example:
lets say i made an asset two weeks ago . I sold 1000000 shares piece by 100 burst to buy gold for it . As i cant buy for burst i exchange for usd and buy gold lets say on 1000 usd per ounce of gold. In the two weeks time the price of gold went from 1000 per ounce to 2000 and i sold it! Then reinvested in to something and paid dividends while burst went from 0.00000200btc to 0.00000500btc
But as burst went up the prices of my shares went from 100 to 50 burst/piece.
Of course in your eyes it is failure but you have a bit limited understanding of the situation...
Because in this case the business went great and made a 100% growth in just 2 weeks... But you see only: oh i could just hold burst and keep crying about your loss... Well yes you could but without that asset and similar ones your burst wouldn't grow in price...And please understand 1 freaking important thing about burst:
it is not fiat!!!!
if you spend fiat today because you need to eat to survive after 10 years you look back and say what a cheap food that was...
But if you spend burst today to buy food in 10 years you look back and say well if i did not need to buy that bread i could buy a hotel today...Sorry for my English and that it is so long but im getting angry and English is not my native language.
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RE: [ANN] The N.E.W.S. Asset launchposted in Concerned Assets
@jervis Your asset was not destroyed . Not yet and not by us. Atleast i did not sell a single of it.. Altought im still not sure if i wouldnt be better of to try it as your havent explained anything to us... Your walet was not blocked and you just sent payment so im sure about it!. But it would be prety right time to update the asset holders about what is happening ! We are waiting! And would be good if you explained your recent actions jervis. Lets say start with why did you sold all assets backing up your asset. And why did you sent away all the burst from the wallet and why are you still trying to sell the remaining bbrowser assets at such a low price. I believe an explanation would be really nice. And you cant say that seeing your recent actions, there are no reasons for us to be cautious! so please explain us whats going on. Thanks and sorry for the distrust . But any big changes should be communicated with the assetholders if you want to avoid this in the future! We have put some serious trust in you when we bought your assets but its still our money so dont be disapointed that we do care about what is happening to it...
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RE: 402 Long term Strategyposted in Asset Exchange
In my opinion what you could do nameless is to manage the payout of dividends as the asset needs! Lets call it dynamic dividends payout scheme. It could mean that you state dividends in between a wide range lets say current is 100% then between 0 or 10-190 or 200% and manage the payout ass you have good or a bad week making incomes! Lets say you paying 10% of the income so from now on you could wary between 0 or 1 to 19 or 20% depending how good your week and previous ones where . In a bad week you reduce in a good week you raise. Depending how much you make and what you feel is needed to make the asset successful. This way if you have a downturn in incomes you could pay less and when you feel your asset works great and incomes are raising you can pay premiums. Or instead paying premiums straight away first build a reserve. Reserve for bad times and raise only after reserve is large enough. This way you can do great dividends and if needed you can pull the handbrake to keep it stable. But it is just my meaningless opinion :) . By the way i believe in your skills and in your asset and im happy to be able to pick up some dirt cheap 402 . Keep on the good work mate!
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RE: WTF - Burst Priceposted in Price & Trading Discussion
Hm the pump is actually not good for my asset as it lowers the amount i can pay as divs from the lending part... But no prob the actual worth is still the same and its making burst in other ways too so no problem... But guys lets be honest the ones who sold BURST today will start crying in several weeks time that they could sell at 10000 sat/BURST ... Look at the charts in last one months time and think... Or look at last 6 months of data.... and keep in mind btc doubled... what was it last may 50 sats? im not saying you shouldn't sell at all. But don't forget your selling your fuel on the way to the stars too early ;)
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RE: Harrygon’s assetmine assetposted in Asset Exchange
really ? 1 of april ? i would recommend a different date man... this way it sounds as an aprils fools joke :) .
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RE: BurstGrow asset realeased!posted in Asset Exchange
Finally this weeks dividends!
Income from lending:0.01532751Btc
Reinvested:0.00383188Btc
Exchanged:0.01149563Btc(0.00000140)Btc/BURST=8190BURST-5%(409.5)=7780.5BURST
Sent to wallet:7780.5-1BURST
Income from mining and assets:2081BURST
Income together:9861.5BURST
Reinvested in to assets:986BURSTi will add later its already morning at here (04:11) i need some sleep before doing it :P
Total dividends paid8875.5BURST-33fee=0.03537BURST/shareLast week i thought the next week wont be as good as it was! So i was wrong . And we are happy i did ! The price of Burst doubled, mining got only 2/3 of the last weeks performance but we got close to 3x that much from lending as last! Of course its not usual! Btc prices are moving much more as normally! Its sort of a panic at there but it helps us make more profit from lending! And of course btc will not crush... But this may help burst hold its price and may even keep growing ! So i wouldn't sell my burst just now ;) .
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RE: BurstGrow asset realeased!posted in Asset Exchange
So this weeks dividends are sent now!
Income from lending:0.00577226Btc
Reinvested:0.00144307Btc
Exchanged:0.00432919Btc(0.00000098)Btc/BURST=4417BURST-5%(220)=4197BURST
Sent to wallet:4197-1BURST
Income from mining and assets:2851BURST
Income together:7047BURST
Reinvested in to assets:705BURST-17 for last weak=688burst (SoCalsFarm/20) (CCM100/10) (402/41)my fault i set by accident fees to 20 so spent 60 on fees... i will have to take care next time... i will compensate the difference from my pocket 57 burst :)
Total dividends paid:6342BURST+20=6362BURST-32fee=0.02532BURST/share
this week was great for lending but i think next week it will be back to normal. Well we will see ;) . Anyway enjoy and have a nice weekend! -
RE: BurstGrow asset realeased!posted in Asset Exchange
Next payout on the way if the wallet will be stable :)
Please keep in mind that this weak was really hard. Troubles in mining and For btc lending it was not the best week too.Income from lending:0.00100579Btc
Reinvested:0.00025145Btc
Exchanged:0.00075434Btc(0.00000085)Btc/BURST=887BURST-5%(44)=843BURST
Sent to wallet:843BURST
Income from mining and assets:1648BURST
Income together:2491BURST
Reinvested in to assets:249BURST(i add later what assets)30x402/5=150Burst+30x49ersIndex/3.75=112.5+2 fee=266.5BURST its actually a bit more so next week i will add the difference to the payout=17.5
Will be paid as dividends:2242BURST-17.5=2224.5BURST-31fee=0.008774BURST/shareI had to reinstall my wallet and the online one went down again so the divs will be paid once it comes back. Sorry for that but its out of my control!
The income from the mining is low because of troubles with the wallet and the pools.
And the income from lending is lower because the rates for lending are aprox. 50% lower in average as they where last week!edit: the report is updated now and the dividends are sent out!
If there is someone who get no dividends for the shares he owns please let me know! Although it shouldn't happen but it did because of network problems! I will try to figure it out myself but if you send me a message i will send your dividends faster :) -
RE: BurstGrow asset realeased!posted in Asset Exchange
So time for the next payout!
Income from lending: 0.00157818Btc
Reinvested:0.00039455Btc
Exchanged:0.00118363Btc(0.00000071)Btc/BURST=1667+51for last weak=1718-5%(85)=1633
Sent to wallet:1633
Income from mining and assets :12001BURST
Income together:13634
Reinvested in to assets:1363:asset 402+100/6 49ersIndex100/3 CCM100 50/9.2
Paid as dividends: 12240+31ts fee (0.04896BURST/share)The income from mining was exceptional this weak ;) so enjoy . But pls don't consider it to be a standard for the next weak. I do not think i will get so lucky in mining next weak. As you can see the assets holdings are growing, so the divs should grow a bit each time too. Well i cant control how lucky we are or aren't. But by time the luck factor should decrease as there will be more income from assets and lending!
if you have any questions please feel free to ask!
and comments are welcome too ;)
Have a nice weekend! -
RE: Lots of Deadlines but no reward :-(posted in Help & Support
@Blofeld You probably see something like this:
historic shares: the last several rounds depending on the pool where you are. I think my stores up to 100
orwell-1984/5.1TB/0.124%/1.07/174D /+ XXXXX
orwell-1984: now this is the name of the miner it may be a number if you did not change yours!
5.1TB: this is the size of plots you are mining with!
0.124%: this is your current share from the last several blocks that much you would earn for your last several deadlines if the current block is won by the pool you are mining on!
1.07: this number is how much would it be worth at the current block. I mean your share!
174D: this is how much you did already earned but its not yet paid! But you will get it!
XXXXX: and the last number is what you got paid already by the pool ! I put x-es because i dont want everybody to know! you can still check if you check the pool where im mining :)currentround shares: Your shares in the current round if your pool wins! it ads up with the historic ones!
orwell-1984 12 days, 19 hours, 15 mins, 47 secs 0.031% 0.40
orwell-1984: as in the historic shares.
12 days, 19 hours, 15 mins, 47 secs: the time needed to mine your best deadline in the current round . If it passes and no block was found you won the block and mined it! Expect it to happen when your time is under 10 minutes :) but average is some 4 minutes i believe
0.031%: share of your current round only . It would ad up with historic one if the pool wins that block!
0.40: your current rounds shares worth if you win.Its not the best but you should understand now whats going on with your miner and the pool ;)
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RE: BurstGrow asset realeased!posted in Asset Exchange
@mathew i will update it forgot to add it there :)
I will try to pay dividends once weakly at Friday or Saturday! But may happen it will be only every second week. Depending on how much the asset will be split and how much income i will be able to get! -
BurstGrow asset realeased!posted in Asset Exchange
Asset id: 17295286510783838993
Hi people, i would like to introduce my first asset at here. Its rather small as i am still new at here. The assets main aim is to try help the burstcoin to gain on price and trade volume. As the asset is small it wont make wonders but will help!
The idea is clear and safe :
50% of the raised funds will stay on escrow . That is why the seller is not my burst address. This part will stay on the escrow as long as the asset is running so this part is totally safe . I cant touch it but if anythings happens you will get this part back! So its like an insurance!The rest of the burstcoins will be exchanged for bitcoins. I will do this slowly so it wont hurt the price! This part will be kept at my poloniex account and i will keep lending it! This bitcoins will be part of the asset! So if i would need to close the asset i trade them back for burstcoins and they will be paid out! 75% of the weekly income will be exchanged for burst(may be done more than once per week but for start its like that) . It will be done bit higher than the market price at that moment! So it will help burstcoin getting a better price! I will deduct then 5% (they will be my but sometimes i may use part of it as bonus for asset-holders Etc) of the burst for myself and send the rest back to the burst wallet. The other 25% will be reinvested so next time we should get more bitcoins. The reinvested part will be considered part of my bitcoins! But the income from lending that will go as the rest towards the asset! Later i may tweak the percentage a little. But all changes will be announced in advance at least 2 weeks before the change takes effect! I will try to announce a month before but cant guarantee that.
On poloniex i already have 0.51362832btc the income from this will be added too. but the bitcoins are not part of the asset!
The asset will get my miner 5.1 Tb mining at http://pool.burstcoin.eu/ look for orwell-1984
And finally the wallet already has some assets which where my assets but im adding them to BurstGrow.
The burstcoins coming from poloniex, the income from the miner and the assets will be added together. 10% will be used to buy assets on the market and the rest will be sent out in the form of dividends!
Because the asset will keep stocking up another assets its price should rise too and the dividends should keep growing as well! Sometimes i may do little changes or sell some of the assets held by the account but i promise newer to do that without consulting it here at the forums first! And if the majority wont agree with the plan i wont do it! Unless i have to close the asset!
In the event of closing the asset which is unlikely in the next 2 years! The assets would be sold, the bitcoins which are part of the asset would be sold too . And up to 10 burst per share(including funds on the escrow) everything would be payed to the asset-holders. If there is burst left after that i take up to 10% of it! The rest would be divided between the asset-holders!
I will try to pay dividends once weekly at Friday or Saturday! But may happen it will be only every second week. Depending on how much the asset will be split and how much income i will be able to get!
Please note that i will get the burst from the escrow account only after the first batch of 50000 shares are all sold. Up until that point, i will be able to use only my own holdings to pay dividends! Although early adopters may be surprised by the initial dividends. But it will quickly normalize, so don't expect it to keep on! Once all the shares will be sold out im pretty sure i will be able to do weekly payouts!Sale price is: 10 burst/share
edit : Bitcoins from the asset sale: 0.60320666 will be more added to it. But im waiting for the escrow account to release the rest. (Haitch is busy and im sick... hate flu... )
And could be even more if i knew the price will jump like it did ;)
(So we are happy that haitch is busy)
edit2:22.feb.17:So the last bitcoins from asset sales are at poloniex now. Altogether we got 1.04310361btc from the asset sale. The rest of the burstcoins is on the escrow. I know it could be a bit better, but i did what i could! And the price of burstcoin was not really predictable last few days. I think it was exchanged at fair price!If you have any questions feel free to ask! I will try to answer!
Any donations towards the asset are welcome at : BURST-VHJA-QEFD-GJUF-EQ93A
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RE: [ANN] CCMINER1000posted in Asset Exchange
@ccminer i know and i remember something ;) back then i was laughing on it . As in my opinion you can do it any time but i would recommend doing it off market so you impact the price less than just releasing on the maket. As well depends on the opinion of other investors and willingness to buy new shares :) . So do a poll if you like and count me in as a yes :)
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RE: BurstGrow asset realeased!posted in Asset Exchange
i have some time now so lets do the dividends.
Income from lending:0.01564334Btc
Reinvested:0.00391083Btc
Exchanged:0.01173251Btc(0.00000540)Btc/BURST=2169-5%for myself
Sent to wallet:2061-1BURST
Income from mining and assets:1867BURST
Income together:3927BURST
Reinvested in to assets:589 BURST i will update later what assets we will add to the portfolio.
Total dividends paid:3338 BURST-33fee=0.01322BURST/sharei believe it is not bad if we take in to account that burst is skyrocketing :) but please feel free to comment.
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RE: Reaper asset paying 3% daily average! [SCAM]posted in Asset Scams
BURST-VHJA-QEFD-GJUF-EQ93A if shares are for free i will try ;)
