Who is Mr Whale and general Asset Trading Discussion Thread
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@Gadrah_ said in Who is Mr Whale and general Asset Trading Discussion Thread:
On the other hand, MTMG at 10 at the beginning was something I knew I could put a lot of Burst in without too much hassle).
MTMG has been to me a very interesting Asset to follow. As you say a very easy decision to buy as much as you could at the first release at 10, although I was very lucky having messed up the Buy price on one of my accounts to get a second shot after Adam did an unexpected second release at 10.
As I put in the thread over on BN, back in the Days before I unfortunately picked up a Ban. I missed out on my main Buy, nearly bought some at 20, but went out to think about it and mow the lawn, came back and there they were again at 10. :-)
So interesting phase we are going through at the moment with MTMG, a lesser Asset would have completely failed with the Casino being down. However some smoke and mirrors from Adam is keeping it alive and continuing to make some great trading opportunities.
Can't see it riding up to his forecast 40 and the 1 Million Burst Buy that manini farm put in was sold to pretty quickly. So should still provide some good volumes and some ups and downs which is what a trader needs. :-)
What are others thoughts on MTMGaming?
Rich
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@Gadrah_ Just funny thing that you more believed Adam than Chrispop^^ I made ~100k trading BurstOcean and I have to say it's great asset that I will buy a lot after it grows a bit/burst price goes down^^
I made quite a lot on Adam's 1st gambling asset but it's too much risk for me to put my money with him^^ No one checks how he gets money for dividends and remember that casino always wins. Everyone that knows anything about probability can see it yet ppl choose to believe in him. In my honest opinion it's just a trick to trade his asset as he knows when huge dividends will be and earn from suckers that believe him.
The best thing you can always do is have nice knowledge about assets, know what's going on, who asset issuer is and what are his future plans. If you believe in somebody then you can find crazy good offers from time to time (bought 15k MIA for 4 last week and 20k 402 for 2^^ Even if I won't sell them then divs will pay this cost in few months).
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@Hyzi0 I think Burstocean is a good asset if you want to hold for a bit but there isn't a lot of volume. I bought a bunch at the beginning and sold it when the price 3x. I finally sold everything when he reduced his selling price back to 30 burst. It just proves to me that mining assets are not worth holding in the long term because they will grow stagnate as more people mines burst causing the difficulty to increase while the block reward decreases monthly. It's also counterproductive to hope for Burstcoin price to drop so you can get more from the mining asset.
Back to Adam I think he's a really shady person especially when a whole thread of people hates him on bitcointalk https://bitcointalk.org/index.php?topic=1041025.3740 . But when there is money to be made you need to take risks, MTMgaming so far been a decent trading asset for me I wouldn't be surprise if it hits 40 since Adam is going to need to pump before he dumps. Becareful trading and don't take the wrong end of the dump. And hopefully he doesn't destroy burst and leave us bagholding like the people in Viral.
Also that whale who is controlling the 402 asset with the 3 burst sell wall and 1 burst buy wall, I'm got to say dam man what a great move.
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@Hyzi0 i had his original asset too... it paid great the 1st week and it went spiraling downhill each week after even tho he was on youtube showing all his huge wins
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@hah said in Who is Mr Whale and general Asset Trading Discussion Thread:
Also that whale who is controlling the 402 asset with the 3 burst sell wall and 1 burst buy wall, I'm got to say dam man what a great move.
Mr Whaaaaaale LOL
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Trading aside with MTMGaming...
Can someone explain why this is even an asset? I think BURST Nation tried to explain exactly their definition of an asset (it may have been in writing or on one of their videos... or perhaps both). By BURST Nations' own definition why is this an asset?
It's just some guy gambling correct? He may or may not be winning ...but that isn't proven extensively (besides a few screenshots)... or maybe it is, I haven't followed results that closely?
So why is this an asset by BN's definition or any definition for that matter?
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@burst1 said in Who is Mr Whale and general Asset Trading Discussion Thread:
Can someone explain why this is even an asset?
Very good question and I guess the answer is that on BN if MisterBurst says it's an Asset, then it's an Asset.
Anyone else even thinking about releasing an "Asset" like this on BN would be Hung Drawn and Quartered. That said it has been my favorite and most profitable "Trading Opportunity" to Date and I think there is some life left in it yet.
I will however leave you with this thought... If Adam is able to win reliably and consistently in the Casino then others can do the same and the Casino's Days are numbered, or perhaps that has happened already?
However if it's not possible to Consistently win in the Casino then MTMGaming Days are numbered or at least limited by how many Burst Adam is willing to give to the Asset holders to make it look like he is winning in the Casino.
Either way hats off for a great show and a great trading opportunity.
Rich
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@RichBC I agree, the house should always have the edge, so either Adam is going to flame out and there will be no revenue for the asset, or there is something broken with the casino and it'll shutdown, so no revenue for the "asset". I know BN are strict about their assets, but if someone suggested this "asset", I'd say No, and lock the thread. Seems BN is kind of selective about which assets their standards apply to.
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@Hyzi0 In fact when chrispop launched his asset he had almost no reputation on the forum (which is not the case anymore of course), so buying his shares was still considered risky, at least in my standards. On the other hand, even if Adam is far from being universaly liked he had already released 2 assets and shown that he was in Burst to stay (at least for some time - with the release of BN and everything). The price was expected to pump after the release at 10, so from a trading point of view MTMG was way safer and easier to predict.
That being said I can't agree more with @RichBC, and that's one of the reason I'll never buy this asset for the long term. Let's remember he is profit oriented and every move he makes is calculated to generate profit for him in one way or another. I'm completely okay with that, as long as it's not at the expense of the community.
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@Gadrah_ @hah @RichBC You are right guys and trading Adam's assets is probably most profitable as he's a showman with group of minions that believe in him. Also I didn't mean to say that BurstOcean is profitable now^^ I think it will be in the future or if Burst price drops but not yet. Thus I sold all my assets when it was @50 for a while.
Chrispop was new but he got verified quickly and Adam already had history of scamming and stealing ppls money (not in Burst yet). You are definitly safe and even ppl that hold his asset long term might get over 100%ROI (from base price) but if traders move from those assets then their volume will go down and for his 'asset' to profit him he will have to give far better deals than 100% to shareholders for a while thus making better trading deals for us. All in all I feel like in any circumstance only his folowers will loose money :c
BTW he can say any time - Unfortunetly I lost and asset is closing. Still under that post would be only comments like 'don't worry', 'thank you for what you did for us anyways', 'you are great' ;) He won't leave burst with ppl like this ;)
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I been killing it with the OGBurst. I love the big spreads. Like to think I've played a part in bringing that asset all the way down. I'll buy a few hundred just to sell at 1 coin profit each share. Love getting that buy order filled at top cheap then turn right around and under cut cheapest sell by a few coins or more per share.
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@Hyzi0 So while I was asleep MTMG made it up to 26 on thin buying volumes with no sellers. However there is no buying support, so I took out the Buy book down to 18.
If you look at the Order book it is clear where the sentiment lies. Even Adam has a Sell order in at 25.8899.
Just not taken in by this 100% of Winnings for the next 2 Dividend Payments. Let's remember the Casino / SnakeEyes not open yet, lower maximum bet and..... it ought not to be possible to make money long term in any Casino.
So I am down to my last 10,000 Shares and am at the moment a Buyer at 17 and a Seller at 20. ;-)
Let's see what happens Today and what Supprises MisterBurst has for us?
Rich
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@RichBC i sure hope you are able to sell them at that price man. For i sold mine the moment I saw that the sells at the 18buywall of 70k shares far exceeded the buys at 18.1. The buywall was gone in a matter of hours! I know misterburst wants it to go up drasticslly but I just didnt saw it happening. I took my profit and made a run for it ;). Goodluck with trading!
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@keyd0s Yes I could have cashed out against the Buys that manini farm put up at 20.1 Today, but the 10,000 Shares I have left owe me nothing and I have cleared over a Million profit on the Asset, so quite happy to sit around and play some more.
Particularity sweet was picking up the last 18K Shares that Adam had up at 14 when this latest game started and then being able to sell them back, some to Adam, at over 20. :-)
Rich
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Here's my Asset Thought for the Day.
Harrygon’s assetmine asset
https://forums.burst-team.us/topic/4563/harrygon-s-assetmine-asset
This Asset that has not received much attention. On the face of it just another collection of Assets with some Mining. However then it get's interesting.
2% Dividends paid every 2 Weeks.
Buyback of the Asset 50 Weeks after release at 150% of the release price.So with the Dividends and Buy back this is an easy way to double your money in a Year. Plus some interesting trading if the Asset sells out as we approach the buy back. :-)
Next Dividend payment is in a couple of Days so if interested now is the time to Buy. :-)
Risk is of course that Kevin is around in a Years time and carries out the Buy back as described, so hit @harrygon with some hard questions before buying. :-)
And yes I do have have a holding and may well buy some more.
Rich
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my new flavor of the day is one that i have had shares in for months but payed it no mind up ontell i started crunching numbers on all of my assets a few weeks ago to get a constant data point of how much each was paying out when viewed from a Per 1 burst invested for 1 weeks time. it's not the best of the bunch but def better than i exspected it to be.. to top it off its been around for many months with a well establihed history of trust. and has hardly any movement in sales volume... im hoping to change that soon as im putting up some buy walls as well as starting to eat up some of the lower sell order's. MCM you can check it out here
https://forums.burst-team.us/topic/1557/multi-crypto-mining-asset-mcm
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@RichBC sure i will be here in a year :) plannig my next asset atm 😉
Next payout is in 2 days
And ty for ur promo. Love to read stuff like this 😊
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@harrygon said in Who is Mr Whale and general Asset Trading Discussion Thread:
sure i will be here in a year :) plannig my next asset atm 😉
Ok that's good to hear. I am not a fan of releasing more than one Asset in a short period of time so would hold back for the moment on the second Asset.
Your first has a long way to go before it sells out. I would advise putting your efforts into that for the moment, get some more shareholders, build the Asset and build confidence.
Rich
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Next asset will be released after buyback ends😊 ned that assetportfolio for the next steps
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@RichBC said in Who is Mr Whale and general Asset Trading Discussion Thread:
Here's my Asset Thought for the Day.
Harrygon’s assetmine asset
https://forums.burst-team.us/topic/4563/harrygon-s-assetmine-asset
This Asset that has not received much attention. On the face of it just another collection of Assets with some Mining. However then it get's interesting.
2% Dividends paid every 2 Weeks.
Buyback of the Asset 50 Weeks after release at 150% of the release price.So with the Dividends and Buy back this is an easy way to double your money in a Year. Plus some interesting trading if the Asset sells out as we approach the buy back. :-)
Next Dividend payment is in a couple of Days so if interested now is the time to Buy. :-)
Risk is of course that Kevin is around in a Years time and carries out the Buy back as described, so hit @harrygon with some hard questions before buying. :-)
And yes I do have have a holding and may well buy some more.
Rich
A keen eye man ;) I already invested in quite some shares of @harrygon as well. Loved his business idea that's both really profitable for him, and for us! so yeah I already took your advise man. Plus it's a long term investment so it's something I can't touch now or I will make losses which prevents me from selling it as well (I have some issues with that sometime :p). and I mean, 100% burst doubling if you got in at the first week. that sounds kinda nice.





