402
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@nameless hahaha
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@nameless Well looks like my investment in some minutes will value 20% more LOL
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Yay, I've got my loot ! I can go back to bed peacefully now. Looking forward to the price in a few hours. Have a good day / night everyone :)
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@Gadrah_ sleep child! a new day awaits!
and btw folks, now you can see my price strategy in full action. As the share price rises, the quantity sold drops. This allows speculators to make a quick buck and long term investors to pick up shares at good prices from the speculators. Win-win :)
And the shares i put up for sale are still less value than the 7k USD that's already backing the fund :)
I hope this answers some of the previous questions
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@nameless That's it.. our investment already go up for 20% lol i love it xD
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@nameless Hey when i try to place a sell order it does not allow me to place a decimal for price, is this intentional?
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@stupendelious no, i didn't intend for that to happen and i find it strange. the asset has 8 decimals, so no problems there and i can buy 0.00001 shares if i want, but the price doesn't allow decimals. i have no idea why that's happening to be honest
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@haitch any idea whats going on here?
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@stupendelious For some reason is not accepting fractions... maybe has to do with the high number of decimals or something idk...
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Yes its weird, i have never seen anything like it
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@gpedro it reminds of poloniex where you have to go to nearest satoshi, like qora where price is already so low, increments are like 7% between places to buy and sell
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I've seen it before in NXT about a year ago on some asset. no clue what happened or what the explanation was, but it might have something to do with the fact that the asset has 8 decimals... hmmm
for f sake! i run the only asset here with 8 decimals!
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Anyway, soon enough the price will be high enough that it needs no decimals/fractions. All it takes is a bit of adoption and that fucking exchange to list it already :)
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@nameless I know i saw this before with some asset but i don't recal what was... I thinked it was with the first asset you created to silver but it wasn't... idk what's the reason xO
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@nameless hi nameless....I do not mean to be rude or offensive in anyway... I have all of your other assets btw.....just a few questions about this new asset of yours....
- you created this asset backed up by 7000 of your own money
(Which will be yours always) - selling shares worth close to 7000
(Which eventually will cover your 7000 if all shares are sold)
3)10-20 years later- your 7000 becomes 70000 thru your clever investment strategies (just an example)
(70000 which is still yours because dividends will never be paid) - 10-20 years our share prices stay stagnent
( share prices only will increase if a new buyer comes in, doesn't mean that your 7000 increase to 70000 will boost investors share price to 10-20x) - the way I see it , it benefits more to you yourself then the other investors
Please correct me if I'm wrong.... and sorry if I offended you in anyway....
- you created this asset backed up by 7000 of your own money
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@evilfire oh dear lord kids stop apologizing! no offense here, just fair questions
The 7k stays in the fund :) . I don't take that out. And all the rest of the money raised through shares sale is getting invested into the fund as well. At the late stages of shares sales, the fund should be valued at somewhere in the area of 800k dollars or more.
This benefits EVERYONE, not just me. I as well have shares in this. Forgot to redeem my HZ ones, but i'm in no rush. I'm sure i can trust myself for a fair redemption :)Anyway, so forget about my initial 7k. That belongs to the fund. And all the BURST and BTC i will raise from shares belongs to the fund as well. It all goes into the same pool.We all grow in this together. I don't have any advantage here. I'm a regular shareholder just like the rest of you kids.
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@nameless Dont call us kids, father.
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@IIOBrocker it's a figure of speech i started using lately for some reason... can't seem to shake it off but i mean well :)
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And one more thing @everyone. Remember this started on HZ and migrated here.
I only put 5k dollars from my own pocket. The other 2k is actually shares that have been sold over in HZ (soon to be redeemed for BURST shares) , and i have almost 2k more to put soon :) . We will be at 9k dollars as soon as i get some good prices to exchange the coins for USD
As i said... as more shares are sold, the larger the account grows. I don't spend our money on hookers , i invest it :)
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