For people who hold the ( BURST Casino ) asset
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@HiDevin said in For people who hold the ( BURST Casino ) asset:
you can basically drain the bankroll if u win about 25 times on a 2x
Well yeah but you have to be betting 1 million and you had to had your level high enough to be able to bet 1 million at a time, and that makes you bet a lot, and i mean really lot in there... And you know in the long run the casino should win all the time, but it can get unlucky one day, and i think the problem was that everyday that gone by the more burst millionaires were appearing and that tied with the max win per bet be so high lead us to this...!
0faucet.burstcoin.pt | burstcoin.pt | I just help for pleasure but if you want donate some coins: BURST-JYHR-SPXP-YT22-5F4KM
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@gpedro Oh, I didn't cause I'm banned there and here we had no information whatsoever. Thanks for info!^^Got rid of cookies and I can see really simple solution to this problem with no need of taking ppls money like this.
SImply take 10% of dividends into bankroll miss 1-2 dividends with good clear explanation that after huge wins you need to create new bankroll and lower max bet.
He did nothing to stop it from happening in the future. All ppl will now have is escrow for 25.8% buyback option for 3% and tip for Adam, Zeus, Crow and co for 1.2% <3 For this asset holders lost 60% of their assets value and they will receive lower dividends from now on. In addition everything done without asking investors and informing this forum about any changes.
Yeah it's truly the best asset BN has to offer.
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@Hyzi0 said in For people who hold the ( BURST Casino ) asset:
SImply take 10% of dividends into bankroll miss 1-2 dividends with good clear explanation that after huge wins you need to create new bankroll and lower max bet.
The problem is that the casino had no bankroll to continue right now, but i agree with you that this kind of fail safe is what should had happened in the past and if the bankroll got too big the casino could do buybacks or increase the max win per bet...
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@Hyzi0 eh, new investors can take advantage of this though, re invest into snake eyes, and sell above 50 once the first batch is out, since @Zeus has so much rep on BN, I doubt the asset is going to close but this swap is giving investors who bought at 400 a headache
0meh 14 yr old kid trying to fit in.
My asset :) https://forums.burst-team.us/topic/5539/hidevin-ann
Asset ID:8094717548345959327
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@HiDevin Actually i placed a buy order but then i saw the price 402 are right now so i cancelled it and buyed 402 instead! I was unnaware i was doing the best decision i could LOL
1faucet.burstcoin.pt | burstcoin.pt | I just help for pleasure but if you want donate some coins: BURST-JYHR-SPXP-YT22-5F4KM
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@gpedro if you trust in crow's assets uniburst and world mine have both droped to below the origonal launch price with the latest pump , infact most assets are way down in price not sure if its a responce to the price of burst going up or a mass sell off to liquidate burst and buy up the new casino as it started right when the casino ANN happend on nation
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me ill be taking advantage of the sale on every other asset out there.
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Yeah this one hit me hard too. What is this like the 5th asset swap?? Ridiculous. Basically the asset goes belly up they just start another to get that fresh money rolling back in. I was completely sharted on with this one. Was buying shares at over 300 not long ago. I hope the 2million issued assets of snake eyes never sells out and he goes bust again.
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This post is deleted!
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Seems like it's becoming common place for the BN sponsored assets to crap on their holders. Mister Burst single handedly destroyed the price of his asset now we got this BS with the casino. Fired the fudge up.
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i was buying into that casino at like 1000-1500 if i remember right in like Jan, now i transfer it today and it was horrible... i went in the casino the other day and ppl were complaining how it has went down hill and no one was there any more...
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Almost the entire asset exchange has gone down hill. I really do not see any bright spots.
I might be talking to the wind but I was thinking. So these mother truckers at BN were dogging the piss out of the BTC Dragon casino asset meanwhile praising the Casino asset. Well low and behold look who was dwindling down to nothing and not saying a word about it! Quieter than a church mouse,,,,the freaking casino asset!!!! I will never again purchase another BN sponsored asset. Clearly their cure all for everything is to swap and start anew. Freaking idiots....... Don't know the first dang blam thing about running a asset. "Investing for Dummies" they all need copies.
Edit/// I realize why I am so upset with this. It wasn't more than two weeks ago the Casino asset manager was on the Burst Community YouTube show....They were talking up the Casino big time. Talking about new games and big plans.....That night I bought like 51 shares at well over 300each.....Now just yesterday I find out that the casino has gone belly up and has actually been losing all of its coin this entire time......I feel like I was sold snake oil. Snake Eyes perfect name for the new asset.
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@falconCoin yeah you got the shaft in every hole on that. I would be over there raising hell. If I were running the S&P of Burstcoin all Burst Nation assets would be downgraded to the lowest grade.
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Bit off topic as well maybe, but since we're discussing BN assets I thought it'd be good to share this info as well.
Anyone holding any MTMGaming assets should realize that Adam has just dumped thousands of the asset for a price of 12.7, creating a massive sell wall that decreases the price tremendously. obviously people will sell below that as well making the current asset's price 11each (Start-price is 10). I'm not sure if it's safe to buy this asset anymore. Maybe it's cheap and you should get some. but I sure as hell won't as I think selling your own assets like this is shady as F. plus the fact that the asset is backed by NOTHING apart from adam's gambling habit. Invest with confidence
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@keyd0s And to think that he was having a laugh at me on the Trollbox the other Night when I was selling MTMGaming after the Casino news down to 13 and even rewarding people with Burst for their great purchases that were buying the shares.
And now this.
If nothing else he knows how to put on a good show. Question is how much is real and how much is smoke & mirrors? In the meantime do you Buy, Hold or Sell? Choice is yours :-)
Rich
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@RichBC oh I hadn't seen that announcement yet. and yeah adam's ability to change text-size and text-colour is certainly to be praised. well who knows maybe he's just a really nice guy who's willing to sell some of his own shares to make sure his investors get a bigger boost. Or maybe he just wants some easy burst so he sells his shares from his other wallet and tells people to buy it asap.
Either way, for traders his asset is great. I bought a lot of shares at 10 and sold thousands back when they were 36-ish. I think if you do it right trading soon might also make you some profit, as adam's assets have some loyal investors.
Buy , hold or sell truly is the question here. I think I've made mine ;)
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@keyd0s Yes like you I bought into this to Trade. His position, promotion and following enables him to launch any Asset, be it real or imaginary and have it do well. :-)
I sold a fair few the other Day as I am a firm believer that any profit is a good profit, also bought some back. I am in that nice position of still holding about 14,000 but they owe me nothing as profits on the Trades so far are over 800K. So thank you MisterBurst for a great Trading Asset.
Rich
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While we are discussing their actions, I don't know if anyone noticed that BURSTnation Development Wallet is dumping 402 as well :P Looks like they either need shitload of money for something or they know about something that will boost burst's price^^ Eitherway I think it's good time to stack some burst and invest in those extremly cheap assets^^
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@Hyzi0 then the other fear is they dump and Run
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@falconCoin Well I can believe that Adam would do it but I don't think Crow would dump it^^ Also they aren't that stupid and for sure can see that it can go far higher then 170 sat :P I don't think they will dump burst but there might be price drop for a while if they need money for sth.
