A New Massive BURST Mining Operation To Hit the community Soon!

[dagentlemang]

@moonjeina I'm guessing the trick here for price pumping is for us to buy burst on an exchange thus pumping

[AdamGuerbuez]

@moonjeina said in A New Massive BURST Mining Operation To Hit the community Soon!:

I'm kinda confused here. You saying assets will be sold for bitcoin, not BURST. This means we cannot buy the asset from wallet's Asset Exchange tab; because as far as I know Asset Exchange tab works only with BURST since it is "BURST Wallet".
Lets say we buy asset for bitcoins on some other page/website/etc, this means we cannot manage the assets under BURST Wallet.
Or am I wrong? Seems I need "explanation for dummies" type info about this. :)

It's really simple, all assets will be sold for bitcoin, then distributed to all the buyers. They can then trade the asset at their leisure for burst if they choose too, on the asset exchange in the wallet. Nobody will be able to buy the assets with burst when they are first made available for buying.

[AdamGuerbuez]

@Castiel said in A New Massive BURST Mining Operation To Hit the community Soon!:

I was just trying to understand how this would work. Because people who are bursting now will sell their Bursts & get BTC to buy this Asset. This will decrease the value of Burst. Adam then will go ahead & buy those Burst for BTC which will Increase the value of the Burst. So net-to-net Burst Value will be the same ?

Why would someone dump their burst for cheap to get bitcoin to buy this when they are guarenteed clearly in advance that the price of burst is going to be PUMPED with this whole genius plan of action? Take a few moments to ponder that one... It is pretty much like someone who is thirsty and they fill their mouth with a handful of sand from the beach, it can be done out of free will but why on earth would you do it?

[Castiel]

@AdamGuerbuez said in A New Massive BURST Mining Operation To Hit the community Soon!:

@Castiel said in A New Massive BURST Mining Operation To Hit the community Soon!:

I was just trying to understand how this would work. Because people who are bursting now will sell their Bursts & get BTC to buy this Asset. This will decrease the value of Burst. Adam then will go ahead & buy those Burst for BTC which will Increase the value of the Burst. So net-to-net Burst Value will be the same ?

Why would someone dump their burst for cheap to get bitcoin to buy this when they are guarenteed clearly in advance that the price of burst is going to be PUMPED with this whole genius plan of action? Take a few moments to ponder that one... It is pretty much like someone who is thirsty and they fill their mouth with a handful of sand from the beach, it can be done out of free will but why on earth would you do it?

Not really sure ... You are thinking like an Investor, Miners think bit differently...
But you are more experienced :) I am very much excited for this Asset & the way you are promoting Burst on your Channel makes it clear that you surely have some Big Plans for Burst :)

[RichBC]

@AdamGuerbuez said in A New Massive BURST Mining Operation To Hit the community Soon!:

Here is the CRAZY part of all of this.... Only Bitcoin will be accepted for the assets, not burst! I have personally decided that I am a BURST addict and want to PUMP and Accumulate Millions of burst from the exchanges with every single BTC that comes in from the lucky few that will scoop up the assets in a heartbeat when they go live! ...... Yes you read correctly, every single bitcoin, down to the last satoshi collected from everyone who buys these assets out, I will use it all to BUY BURST right off the exchanges, this will PUMP the PRICE up in a massive way which is a BLESSING for the

I like the strategy, have always been concerned about asset holders having to sell their Burst in order to fund Mining hardware, driving down the price. I just hope that not too many people sell Burst for BTC in order to buy the asset?

Rich

[AdamGuerbuez]

The choice is simple. The pump of burst will happen, guarenteed, so burst price will shoot up. With people knowing that the burst they currently hold, with a price of let's say 79 sats, can be sold now for that and less... but if they just wait a few days for the scheduled guarenteed market pump, they can sell the same burst for a much higher price, why would anyone in their right mind sell cheap when they can just wait a matter of days to sell high? The scenerio has only one outcome, burst holders becoming wealthier.

[LithStud]

while increasing burst price is great, i really dont like to have anything to do with PUMPing as its most of the time become PUMP/DUMP scheme and that leaves a very bad taste in my mouth (not to mention from what i seen after pumping most of the time price drops even more bellow what it was before pump and need longer time to stabilize).

[AdamGuerbuez]

@LithStud said in A New Massive BURST Mining Operation To Hit the community Soon!:

while increasing burst price is great, i really dont like to have anything to do with PUMPing as its most of the time become PUMP/DUMP scheme and that leaves a very bad taste in my mouth (not to mention from what i seen after pumping most of the time price drops even more bellow what it was before pump and need longer time to stabilize).

Understood, then in this case perhaps its best that you look the other way, cause I am here for one reason and one reason only, that is to do all I can in my power to make burst the hottest and most valuable cryptocurrency short and long term. There will be plenty of pumping going on as long as I am alive and kicking :)

[MikeMike]

@BURSTguy
I think many are concerned but realize people can do whatever they want on their own to promote BURST even if the methods might be a bit controversial as Adam has a different flavor of promotional style. One very positive thing I noted in his comments is that he is long term on BURST. Not here to P&D and leave. I look at the positives that through his private promotional efforts there are very active people he brought into the Community and some decent Coders that have already contributed to this awesome Coin and in time we can see where this is going, main stream.

[Castiel]

@BURSTguy @LithStud Relax Guys .... I agree with @MikeMike & apart from that just to add @AdamGuerbuez is nowhere talking about dumping. Its all about pumping :)

[Focus]

@BURSTguy said in A New Massive BURST Mining Operation To Hit the community Soon!:

@MikeMike said in A New Massive BURST Mining Operation To Hit the community Soon!:

@BURSTguy
I think many are concerned but realize people can do whatever they want on their own to promote BURST even if the methods might be a bit controversial as Adam has a different flavor of promotional style. One very positive thing I noted in his comments is that he is long term on BURST. Not here to P&D and leave. I look at the positives that through his private promotional efforts there are very active people he brought into the Community and some decent Coders that have already contributed to this awesome Coin and in time we can see where this is going, main stream.

Quite obviously I understand people can do what they want (promo or otherwise). Just as if I (and others) think there is a P & D going to happen we can spread the word trying to counter it...and/or sell our own coin into the market to keep the price from spiking and people getting taken advantage of. People can do what they want.

In this own string I showed support for Adam's plans...I am a BIG proponent of people showing long term commitment and/or investment in BURST. I am just disappointed in how Adam addressed the "question" about the P & D...perhaps I am misinterpreting it and/or misreading it...or maybe I'm not.

Guys you are misreading it. The point is not to pump and dump, and Adam maybe should use the proper term. Basically he is investing BTC in order to set a new higher floor for the coin.

[AdamGuerbuez]

If anyone is desperate for money and they panic dump their coins at cheap levels, I usually catch the cheap coin by padding the buy book here and there to catch those cheap coins. I am a burst horder and plan on selling a portion of my burst when we are way beyond any previous all time highs as I believe I deserve to take a little icing off the cake at a massive roi when we reach that point. Now of course there will always be someone who has to find negativity with every single thing I do, and maybe in this case, they would say "well padding the buy book is unfair or you are preying on people who are selling their coins cheap so you can hold them till they moon then sell.. See what I mean, no matter what you do, there will always be a few who will find some sort of negative aspect to it and that is just how human nature works.

I have a very quick remedy to all of it. Take the time spend in analyzing all I do and trying to find a negative aspect of such, and compete with me, get out there and be loud and proud about burst, hoard the coins every chance you get and tuck them away until we reach the thousands of sats mark, help spread the word about burst and the incredible development minds behind it and let the world know that you are a strong advocate of the platform, the tech and the coin itself!

With more movers and shakers out there like us, we can be like the marketing and awareness squad, constantly holding up our burst logos and spreading the good word!

[Gibsalot]

insted of regularly turning my faucet BTC into burst im now hording my faucet btc for this asset to launch , wont be much but im still in the 000$$$ USD out of my pocket to earn $$ and plan to stay that way :)

[AdamGuerbuez]

Asset will be live and ready for you guys to scoop up tonight.... Get ready... More info to follow.. Remember this asset will be sold for Bitcoin only and will be issued as all other assets, right into your burst wallet along with your other assets. Gear up for one hell of a DEAL and crazy asset!

[Castiel]

@AdamGuerbuez said in A New Massive BURST Mining Operation To Hit the community Soon!:

Asset will be live and ready for you guys to scoop up tonight.... Get ready... More info to follow.. Remember this asset will be sold for Bitcoin only and will be issued as all other assets, right into your burst wallet along with your other assets. Gear up for one hell of a DEAL and crazy asset!

I don't think Burst Wallet has option to Buy/Sell Assets using BTC

[jervis]

I think Adam will be manually converting X number of shares per BTC paid. I have not seen his computation yet but I think he has a system for it :)

It's really happening! :)

[Gibsalot]

@Castiel i think it will be via PM and he will send you asset after btc confer

[AdamGuerbuez]

The Asset is LIVE guys! Here is the URL https://forums.burst-team.us/topic/2851/o-g-burst-gadget-asset-now-live-213tb-mining-farm-pumping-out-burst-coins-24-7