[ANN] Helium - LocalBitcoins.com Exchange Asset!

emcb

@RichBC Everything is written in the theme description.

mathew

@cjellis245 said in [ANN] Helium - LocalBitcoins.com Exchange Asset!:

Asset Name: Helium
Asset ID: 9842745626754192052
Supply: 1,000,000
Price No longer in my power. Currently selling for around 35 burst per share.

Dividends are given out weekly!

Hello fellow Burst lovers!
I am very excited to announce my new asset - Helium.
You may already know me from my first asset, Elite, which you can check out here if you haven't already: https://forums.burst-team.us/topic/3824/ann-elite-burst-asset-i-put-my-investors-first

It is based on the LocalBitcoins.com exchange, which is an exchange for real money to Bitcoin, and vice versa.

How it works:
I start with $100 of my own money invested into this. I put an advertisement up on Local Bitcoins for other people to sell Bitcoins to me, which I buy, and then sell them in a separate advertisement to Bitcoin Buyers on the same website for a higher amount, thus making profit.
I currently have the lowest buy price in NZ, and the highest sell price, which should generate more sales. Going by this rate I am making $100 per $1600 of trading, which is $10 per $160 and $1 per $16. So basically the more I start with, the more profit I make, which means my investors earn profit from their own investment, if you understand what I'm saying here.
I plan to reach a total weekly trading volume of $10,000 by the end of April this year, which will generate more than $600 each week, which will make this asset give one of the best ROIs out of any currently existing assets. I'm starting with my local currency, NZD, along with USD, and will expand to a few other currencies later on.

I HAVE SOLD ALL OF THE SHARES I STARTED WITH.
The plan is to make increased amounts of profit from the amount that we earned.

Like my Elite Asset, I plan to make my investors "richer", and get us all a worthy profit.

100% of your investment goes towards trading,
90% of the profit goes back to the investors and
5% goes towards increasing our trading volume
The other 5% is fees, for all the time and effort this asset will require.

You can check out my LocalBitcoins account by going to the following link, it is fully verified and the first advertisements have been launched. I have already had one successful trade :)
LocalBitcoins Account: https://localbitcoins.com/accounts/profile/cellis245/

As for the name, it is kind of cheesy but it's meant to symbolise making your profits fly straight up, increase, get higher, etc. You get the picture.

I do wonder if this is the first ever asset of it's kind? I did a bit of digging and couldn't find any other LocalBitcoins.com based assets. I think it's pretty cool if it is!

Currently I am making around $30-$50 USD profit each day for this asset, which equates to $210-$350 per week, or (about) 200k-350k Burst. Of course nothing can be 100% promised, apart from the fact that I am doing the best I can. The majority of the funds are in PayPal, but there is also money in my personal bank account, on Poloniex, in my burst wallet, and in cash.

ABOUT ME:
My name is Christian and I am a 16 year old student who currently has a work placement at a place called "Warehouse Stationary". I work there on Thursdays and it's basically like an apprenticeship, plus I get a Customer Service award at the end. I currently live in the Waikato region in New Zealand and I love Burst. Although I am legally classified as a minor, I have been working with Burst for over a year now and believe I am fully able to handle something like this.

If any problems do arise, I will pay back all of my shareholder and buy back all my shares, FOR THE PRICE THEY WERE SOLD TO YOU. Nothing more, nothing less.
(If it were to happen you would have to send me your Asset Order ID so I can verify how much you bought and for how much, and that it was you making the order)

If there are any questions or feedback you have for me, feel free to post it in the comments below.

And I am verified by @haitch, check it out here:
https://forums.burst-team.us/topic/2362/identity-verification/108

Cheers, and as always, happy bursting! :)

This asset is a joke, says he will release in stages but instead gets too greedy and decides to undersell his own asset. What a shame someone has to do this to make investors lose there investment who bought in early.

RichBC

@emcb Thanks. The About Me is an addition to what was available a Day ago.

kmaxkmax

@mathew @RichBC this is what I saw in the asset Desc. concerning your questions.

If any problems do arise, I will pay back all of my shareholder and buy back all my shares, FOR THE PRICE THEY WERE SOLD TO YOU. Nothing more, nothing less.
(If it were to happen you would have to send me your Asset Order ID so I can verify how much you bought and for how much, and that it was you making the order)

mathew

@kmaxkmax said in [ANN] Helium - LocalBitcoins.com Exchange Asset!:

@mathew @RichBC this is what I saw in the asset Desc. concerning your questions.

If any problems do arise, I will pay back all of my shareholder and buy back all my shares, FOR THE PRICE THEY WERE SOLD TO YOU. Nothing more, nothing less.
(If it were to happen you would have to send me your Asset Order ID so I can verify how much you bought and for how much, and that it was you making the order)

If he said this then why did he just sell all of his shares without his own plan...

kmaxkmax

@mathew No Idea. I just read in the initial post and saw it. Just Helping Out.

cjellis245

@matthew @RichBC I guess I just panicked. I'm sorry about that, but I can promise a payout of more than 100k burst this week, from PROFITS not the shares sold.

cjellis245

And @matthew think what you want to think, but I guarantee that you only think I'm gonna run away and steal your money because I'm a "kid". I don't think it's fair to assume I will run away with your money and not generate any profits for my shareholders just because I am younger than what you once thought.
I would like to say if you watched the video that was on Burst Nation (this goes for everyone) I no longer use that YouTube channel and the video shown was posted 5 months ago.
Even though I've sold all my shares I am still continuing to post and be as helpful as I can to the Burst community, it's just a shame the folks over at Burst Nation don't see that. I'm extremely frustrated that he named the video "EXPOSED: Children running multiple assets asking for 10's of thousands of dollars" and basically telling everyone that my asset is a scam. I also have proof that he threatened to take down my asset at all costs if I did not provide him with live proof over a Skype call, and said that I must have a multiple personality disorder. Although they did have some good points.
I disclosed the information by updating my original post, which I think is pretty fair.
My assets are NOT scams, and I am going to continue to build them up.
I can also 200% guarantee Energizer and CP2 are legitimate as well, they are hosted by good friends that I know quite well and have known for years.
Cheers, and happy bursting!

Christian

Vneck

@cjellis245 I'm gonna see if I can help clarify things, and perhaps ask questions from another point of view:
I believe @mathew never really said you are running a scam here. From what I read, he was more concerned with the fact that you dumped your shares (which you later admitted out of panic, thanks for owning up to that, but not a very good excuse considering why you did it) and also expressed frustration that you wanted to devalue your asset by selling it at a lower cost than what the original investors bought it at. Don't you think selling more shares at a lower cost is kind of a slap in the face to your original investors? I know you said that if any problems happen, that you would buy back all the shares for the price they were sold for from them, but later you went ahead and offered more shares (some at a lower cost) just to to see if Mr Whale would buy them (which later @emcb pointed out as devaluing your asset). That would only be a win/win for you, and not for the other investors. What "might" have been a better approach, is to maybe re-buy all the shares at Mr. Whale's price (yes you'd take a hit), then re-distribute again at the original cost or maybe even slightly higher (not a lot though as your asset is still new). That may have shown potential investors that you really want others to have the opportunity to share in the wealth. Again just a suggestion, maybe not the best one, could be flawed the way I worded it, but hopefully you get the idea. Later you release more shares, increased the price to 40, just to see what Mr. Whale would do. You made it too personal at that point over 1 investor, and didn't think about how that would make the other potential investors feel about that doubled up price for, again, a new asset that hasn't really even taken off yet with out consistent (more than 1) proof of returns. If you raised it to 25 that would've been more reasonable at this stage of the asset. Remember that nobody really knows who you are, and with only 1 payout but no other history to back it up, you really have to provide more to potential investors. Yes this maybe your first asset so there would be no experience/history to provide, but you have to find a way to deal with that when asking people to invest, as well as why they should invest with a green/new asset.
Another thing from one of your posts:
"Oh no...
I've recently seen a few shared things that you will see soon enough and I'm hoping it doesn't affect the asset too much.
If you don't know what I'm talking about, you should keep it that way, I don't want it to affect our relationship as investors/investee.
I'm not willing to just give up and walk away.
Christian
"
Here's something to consider You just made it known that you were aware of some information was released that we would soon find out about, that could potentially affect your asset, but if we didn't see, keep it that way. Why would you say that? You just admitted there is some news going out about you/your asset but if we didn't know about, you wanted us to continue to not know about it. I would have just left that post out. I know many companies try to keep investors happy but not always revealing things that happen/may happen that affect the company, but you already admitted that somethings were brought to light.

Going back to an earlier part after you paniced, all you really had to say was that you can promise a 100K or more payout. Where's the backing in that, aside from relying that things will come out of your pocket? Promises (with nothing to back it up with) don't really mean anything in this business don't you think? I'm sure in time you will gain more trust and show proven experience with this type of business, but again now is now.

The video on BurstNation. I watched it. The title of the video which you are frustrated with. Why? What's wrong with it? "EXPOSED: Children running multiple assets asking for 10's of thousands of dollars" To me the Exposed part, basically just meant the revelation that these asset(s) are being started/ran by kids. That's just pure fact. There was a suggestion of this possibly being a scam, but that comment was just pure speculation, and again, that "it could be scam...but I don't know". The video quickly transitioned to the focus of the fact that these assets, the handling of money, is being handled by kids/children. Then another point was the gambling. BurstNation does not allow children to gamble on their site, but it was revealed that you and/or your friend were verified/confirmed to have gambled in there. That's it. The person who made the video said he personally is not comfortable with that, but that's just his opinion. I understand you are frustrated, but look at it from an adult's point of you. We (the adults) might/could possibly be held liable if something bad happens because we contributed to business deals with a kid/minor. The other item mentioned that if you were to have some type of legal guardian backing (not just a verbal consent or parental type support), it might not have been such a bad thing. At least that's what I got from it during that segment. Granted there is that grey area of what age is a person a minor, etc, and that fact that you are in another country, etc. The fact remains, is that the video is to make everyone aware that we are dealing with a kid. That's it.

A final note of interest:
"I can also 200% guarantee Energizer and CP2 are legitimate as well, they are hosted by good friends that I know quite well and have known for years." Well I think you and @luke1219 need to get together and straighten this out. In his own words:
"My association with CJELLIS245
We are not good friends, we just know each other mutually
I guess he saw what I was doing with my asset and decided to make one himself, I have little association with Elite or Helium" Well you may think you are good friends, but he doesn't. Now that just makes us more confused.

With that said, I know you are frustrated, but can you at least understand why there are concerns by some?

RichBC

@Vneck Nice observations, @cjellis245 Please respond to the points raised.

Let's put aside Age for the moment and remember that you have released and sold out an Asset and have a duty to your shareholders, albeit that you have one major Shareholder who owns 97.9% of the Asset, so I guess he can call the shots :-) I see that you have already exchanged a number of Arbitrary Messages with "Mr Whale" but do remember to keep the rest of us informed as to your plans.

Let's also remember the Asset account has 3.8 Million Burst and you have moved over 8 Million Burst to Poly. I suspect that this is way more than you expected to raise in such a short period of Time?

So please think carefully about how you plan to trade with this very large amount of BTC on LocalBitcoins. Don't get greedy, build up the amount that you are trading, build your reputation, and learn from any mistakes, so that when a trade goes wrong it is only a small hit relative to your profits.

Please keep us regularly informed as to how the Trading is going and developments to your Trading Strategy.

Rich

emcb

@Vneck
I think that when the guy first saw what "game" are in the stock market (pump/dump), he was just scared and wanted to sell all assets as soon as possible, and more with this not to contact. And to engage in then only the primary mission of the asset - trade LocalBitcoins.

I believe that he is unlikely to want to return to the game with the sale of assets, so it is ready to buy the assets at all, who are not satisfied with the sales price.

By the way, this guy opened a great new opportunity to big increase the prices of Burst! If other people will release another ~100-200 similar assets in their own country, it would increase the price of the coins, because all proceeds will be directed to the purchase Burst, and thus maintain a constant demand.

Vneck

@emcb That could very well be, and I'm open to that possibility as well. There's always the chance that I could have misread things too. BOOM! Boom...and all that! Superfriend!

cjellis245

@Vneck It was frustrating to me because he had threatened to take down my asset "at all costs" if I didn't have a Skye call showing live proof of everything I have. AND I messaged him back after this saying that I would do it.
I can see where you're coming from about sharing the post from Burst Nation, but I just want to be completely open and honest to you guys so yu don't think I'm a scam. The way he was talking about me and minors in general sounded like he was basically saying all minors will not be allowed to post assets on Burst Nation because they will scam you. That's just how I felt about it.
And I'll tell you what, my friends weren't impressed when they saw the video. They did not deserve to be thrown in MY hole.

And I just want to let you guys know, we are looking at a payout of 200k this week, if the sales continue the way they are going.
With Luke1219, he is a good friend, but he is worried my outcome will affect him in a negative way and possibly put his asset in ruins. I'll tell you what, they were not impressed when they found out. He does not have any association with Elite or Helium, those are both fully controlled by myself.

I certainly understand your frustration, and I'm trying to not let it affect this asset.

@RichBC I have only had one problem so far, someone opened an unauthorized charge against me. I provided proof of purchase and PayPal is reviewing it, $320 USD. But I have already made this back, plus profit. Tuesday was a great day.

I will continue to keep you guys updated as I can. If there are any more questions or something that I have not covered, don't hesitate to let me know.

Cheers, and have a nice day! :)

Christian

RichBC

@cjellis245 Thanks for the update. Do what you need to to make peace if you can over on BN. I agree with not having "Minors" releasing Assets, but disagree strongly with the way they have managed dealing with the assets that had already been released.

Look forward, as one your currently very few investors, to success of what is a unique Asset with a strong chance of good profits. I think we will see others following your lead.

Just remember. Don't get greedy, and always worry about the downside of a Trade.

Rich

cjellis245

@RichBC Thanks man, I appreciate that you are still behind me and my assets.

RichBC

@cjellis245 I would stop trying to explain things over on BN. They will just gang up and kill you. Concentrate on the Asset, formulate a strategy and keep people informed about what you are doing, and how you are doing, warts and all. We appreciate above all openness and honesty.

However do be cautions on LocaBitcoins. Paypal carries risk, so make sure that with the size of Trades you are doing you would be comfortable with a loss.

Also be careful with Bank transactions. Banks do not like Bitcoin, so be very careful how you handle things.

What I would say is that my experience of selling BTC on LocalBitcoin both with Bank Transfers, Paypal and for vouchers has so far been without problem. I however only deal with people who have much more positive feedback than you have. So work your way in slowly.

Rich

Vneck

@RichBC Your advice on concentrating on the asset, strategy, and keeping people informed on status, was perfect Superfriend!

RichBC

I have decided to make one last ditch attempt to help @cjellis245 . I will try and keep this as short as I can. First here is my position on the Under Age Issue.

I am completely supportive of Minors not being allowed to post for the purpose of Announcing, Promoting or Progressing Assets. (As we all know there is nothing that can be done to prevent anyone from releasing an Asset)

I think the Asset Approval System including an Age Ban that has been put in place over on BN is a good one and the sooner we have a system over here the better.

I do not like the way BN have handled the existing Under Age Asset holders. I think it was an irresponsible approach with the individuals being used as pawns in a bigger game with no regard to the fact that they are Minors or with any concern for the existing Shareholders or the share price.

So yes we have been warned that we have some Asset issuers who are "Under Age" a far better approach would have been to have dealt with each of the individuals with PM asking them to come clean on their age with their investors and to offer to buy back shares from any investor who was unhappy with this.

Only if they had refused to comply with this should this have been taken to the next level, and for me that would have been to contact their Parents to ensure that they knew what their Children were doing and for them to have a hand in the solution.

So moving on to the Helium Asset. I have posted in this thread what I would like to see and I have sent chats to @cjellis245 with further suggestions. So why am I posting here you ask?

Because @cjellis245 is not listening, he has been fart arsing about for Hours making 20 plus stupid posts over on BN, none of have any value and answer none of the key questions about the future of the Asset.

Final straw for me was this quote.

"Even if it is against any laws, I am a minor and according to information I have discovered recently I will not legally be responsible for any of this, the investors will." -CjEllis

If we ever needed a reason for Minors to not be allowed Asset threads this is it.

So @cjellis245 One last chance from me. Stop making useless posts over on BN, spend your time managing the Asset and giving details and regular updates on how the Asset is doing and how you intend to manage the asset going forward.

In addition I think you now have way more Funds than you need to trade so I propose that in addition to your offer in the OP.

@cjellis245 said in [ANN] Helium - LocalBitcoins.com Exchange Asset!:

If any problems do arise, I will pay back all of my shareholder and buy back all my shares, FOR THE PRICE THEY WERE SOLD TO YOU. Nothing more, nothing less.
(If it were to happen you would have to send me your Asset Order ID so I can verify how much you bought and for how much, and that it was you making the order)

That you return a significant amount of the money that you have raised to you Shareholders as a special Dividend. I suggest 10 Million Burst, leaving you 4 Million which should be more than enough to Trade with.

So @cjellis245 follow the above and you will continue to have my support, continue in the way you are and you are on your own.

Rich

cjellis245

DIVIDENDS!!!

Amount paid, Account, TX
293709, BURST-QJPB-7464-5E5B-5NFHJ, 331277187993389989
3000, BURST-5LW6-657H-WXHL-49BCP, 3395277690818050012
2270.7, BURST-KZQV-7L7K-89K6-HXFGP, 13602067936954866239
599.1, BURST-VAX9-BFZ6-XSX5-CW2EN, 18042959622848827128
300.3, BURST-SCZS-PBXH-E47U-7X2LG, 9378327945421657300
90, BURST-L4BJ-LLHL-S8UB-HWXZV, 7739260283823867710
30, BURST-H6L4-XQ42-VW49-7R9MW, 2241731808112231830
0.6, BURST-Z7VW-2PQH-AR3V-EX3ZW, 12167360890476776092
0.3, BURST-H9TG-W3GU-EN2N-49GUW, 7130586878939922653
------------All transactions processed------------

Enjoy! :)

haitch

@cjellis245 Can you please comment/reply to Rich's post above your dividends announcement.