MERGER - BURSTcombo and Dynamix2 - MERGER
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@Focus said in MERGER - BURSTcombo and Dynamix2 - MERGER:
We were looking at the last 30
Why do you make calculations only for the last 30 days?
It seems to me that the last payment of the BURSTcombo were simply due to coincidence:
@Focus said in [ANN] BurstCombo - Investment Asset:We were lucky this week and got a nice dividend from Mikethemug asset and made a little profit selling as well, and we still have 8000 mike the mug assets.
All payments were previously much less!
Spend the same calculation over the past 90 days and get the very different value.Although if you say that the owners of the D2 will receive the same dividends as before, then everything is fine.
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@emcb said in MERGER - BURSTcombo and Dynamix2 - MERGER:
@Focus said in MERGER - BURSTcombo and Dynamix2 - MERGER:
We were looking at the last 30
Why do you make calculations only for the last 30 days?
It seems to me that the last payment of the BURSTcombo were simply due to coincidence:
@Focus said in [ANN] BurstCombo - Investment Asset:We were lucky this week and got a nice dividend from Mikethemug asset and made a little profit selling as well, and we still have 8000 mike the mug assets.
All payments were previously much less!
Spend the same calculation over the past 90 days and get the very different value.Although if you say that the owners of the D2 will receive the same dividends as before, then everything is fine.
If we see that there is a discrepancy then we will take the necessary steps so that the same dividends get sent out !!
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@Focus
Thanks for the clarification.
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Just saw this mine have been sent
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And yet again we have a fine example of how our glorious leaders are willing to walk the extra mile for the community.
Great job guys! My profile pic says it all.
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Goods news eveywhere on assets lately. I sent my shares :)
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@Kitsune said in MERGER - BURSTcombo and Dynamix2 - MERGER:
i really hope it puts a bandaid on both.
it's not a bandaid, it's a permanent fix. I didn't have the time to deal with another asset at the moment, especially with the plans for my next large asset underway.
I'll be providing more backing for this asset in the near future as well, but now I've got someone to help me manage it too, so it will work out better for everyone in the end.
As far as the payouts... The D2 payout was also skewed a bit in one of the recent payouts, so the average of the last 3 months is what was used, but we can make adjustments if we realize it isn't working out how it should.
Just gave the D2 wallet passphrase to @focus so he can transfer over the assets there. Moving things along.
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Sent my D2 units!
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Just sent my D2 units.
Thanks,
CesBurst17820IT Consultant/Day Trader @ Poloniex
BurstCoin Address: BURST-J7U6-TV88-DJX3-9BYB4
YouTube Channel:
https://www.youtube.com/channel/UClCuNRYXt-8CysRpfLMelEgThanks,
CesBurst1782
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@crowetic we miss you brother. very much.and I apprecoate fix the asset, it means a lot to me and megan. thank you. all of my internets.
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Update: I will do the swaps as soon as I see all of the online wallets on sync so as to not screw anything up.
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Sending Replacement assets(3558383635212006927)...
Amount, Account, Tran ID
40, BURST-2CYU-BZCC-5J3J-33CG8, 7848351687344397134
2480, BURST-2VK6-XJDE-G47S-6CLJT, 12868010442203603713
4000, BURST-KKZA-XK7H-8YZ5-BKR87, 4501994324939364298
10, BURST-44FY-YB7W-BDCJ-32ECU, 15832907987127992193
576.64, BURST-MCW6-T7K6-B68K-FCPGG, 15735343677004775173
252.8, BURST-PT54-8A45-ZX2L-5426V, 8606263369099455994
30248, BURST-QJPB-7464-5E5B-5NFHJ, 3357121082015340457
4, BURST-SKAL-5HDP-U7B5-G926K, 4355136455422414324
10.92, BURST-LD29-LG97-Z2JT-393VB, 15236007046335279092
10.72, BURST-N9G2-3QXF-Y5GV-HN7AM, 13854938647583106483
523.2, BURST-ACGB-YGHQ-G9ZL-5XD7U, 9583525579492147825
8034.88, BURST-49AK-FWFN-SA3C-3FSMA, 7298496727313314131
4051.72, BURST-AZB3-W9UQ-3UVW-A98Z4, 13223190221752762893
5.96, BURST-X2K5-7JG5-W724-ENLCB, 13902446412174122346
499.36, BURST-WT7J-2LPQ-ALRU-CGLUH, 4750408150771106820
8000, BURST-GGPX-PP5S-LAGP-CBGCU, 1443361977151428807
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So I got 2480 BC units whose value is 50 . So the total value = 124000
Where as I had 62000 D2 units whose total value was 10 . So the total value= 620000
There is a clear value drop from my initial investment perspective.
@crowetic If I don't want these BC, can I see my D2 back to you?
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@samreader1 said in MERGER - BURSTcombo and Dynamix2 - MERGER:
So I got 2480 BC units whose value is 50 sats. So the total value = 124000
Where as I had 62000 D2 units whose total value was 10 sats. So the total value= 620000
There is a clear value drop from my initial investment perspective.
@crowetic If I don't want these BC, can I see my D2 back to you?
From a value perspective, it cannot be taken that way because of the way the initial investment unfolded. As for value of the assets, there was absolutely no liquidity on the books, there was one order to buy up and that was at 1 sat. There had also been a few days that no trades were done. So if you want to look at value stating it's worth at 620000, that may have been so if the asset was not in it's current condition.
Having said that, both assets are to benefit this way and both are assets that people are holding on to, at least now there will be some value and constant payouts. More backing will be added today to benefit both assets.
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@Focus Do I have to choice to opt out and get my 620K ?
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@samreader1 said in MERGER - BURSTcombo and Dynamix2 - MERGER:
@Focus Do I have to choice to opt out and get my 620K ?
I would like to say yes but unfortunately, due to the chain of events surrounding Dynamix, the funds are no longer there. This is a bit of a touchy situation because basically crowetic revived the asset so that the community did not get scammed, but the original release of it and the funds that were generated are no longer.
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@Focus I am not sure how others feel about this but I am definitely displeased with this setup. With my 620K, I could've bought 10,000+ BC share vs I am only getting less than a quarter.
We need to address this guys. Sorry, no offense to individuals but this calculation isn't fair and need a second review.
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@samreader1 said in MERGER - BURSTcombo and Dynamix2 - MERGER:
@Focus I am not sure how others feel about this but I am definitely displeased with this setup. With my 620K, I could've bought 10,000+ BC share vs I am only getting less than a quarter.
We need to address this guys. Sorry, no offense to individuals but this calculation isn't fair and need a second review.
Please explain how you could have done so when nobody was buying Dynamix2. Total Volume of trading for the whole month of January was 32,240 Burst and the only buy order was for 1 or 1.2 Burst per asset...
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@Focus I don't follow. I invested 620K in D2 for income. Instead I would've invested in BC.
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@samreader1 said in MERGER - BURSTcombo and Dynamix2 - MERGER:
@Focus I don't follow. I invested 620K in D2 for income. Instead I would've invested in BC.
What I am trying to say is that the asset was so stagnant that you couldn't have sold it even if you wanted to. There was just not enough liquidity in the books nor trading volume to do so.
So yes, you will still make the same dividend income as before if not more
