Who is Mr Whale and general Asset Trading Discussion Thread
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@LithStud Did you make a sale or a you hanging out for a higher price?
Got to say price is holding up well. Quite a performance for An Asset that cannot pay a Dividend until SnakeEyes is online, with at the moment no new shares being sold for the Bankroll and uncertainty over the max bid etc.
Perhaps people are just bored with BN still being down and are buying Assets for something to do?
Rich
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Dear Mr. Whale check out NewMiner We are constantly adding mining power and are looking into GPU mining and other investments. https://forums.burst-team.us/topic/4349/ann-newminerNewMiner Asset ID: 8776870561463226621
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nice promotion @newsense2004 lol
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@newsense2004 Maybe you should try to do the pitch to him with a message inside the wallet lol
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@gpedro Can you or anyone confirm his Burst address?
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Lol. Trading is not always about fundamental, the fixed price asset price and low trading volume is not interesting for trader.
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@newsense2004 I don't have it at hand right now but go to the 402 asset and check the account that has the big sell wall at 3... BURST-QJPB-... or something like that ;D
But if i was you i wouldn't go like crying for money, i would prepare a pitch Shark Tank style before and do a good one LOL
And please note that i gave the idea as a joke but may work i don't really know... certainly will work better than ask in here, at least you have more chances of getting a reply from him xD
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@gpedro I would never beg. NewMiner has more than enough funds now for new HDD's just waiting for Burst to go up a little so everyone gets the most out of their investment. However if a big investor came in we could expand into GPU mining as this is a mining asset.
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@RichBC sold some at 20 and 21 then put some more in sell order, i do my sells in couple hundreds of asset, as long i get plus will be ok with that :) doubt it will go higher than 23 maybe 25. But again its way to influenced by "social" aspect and fairly hard to predict how traders will react (I am not that experienced in trading lol just some basics in share trading)
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@newsense2004 said in Who is Mr Whale and general Asset Trading Discussion Thread:
Dear Mr. Whale check out NewMiner
Not sure why you are touting for Investors here? By my reckoning you still have at least $1000 from the investment that Focus made over 3 Weeks ago. Surely your priority should be buy drives and get that Mining. There is no value for investors having an Asset holder sitting on funds?
Rich
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Asset Thought for the Day. What's up with 402?
All the Buys at 2 have been filled and it's become Whale Land, or should I say Whale Ocean. With Mr Whale with all the Sells at 3 and all the Buys at 1? Are we marooned at 2?
Rich
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@RichBC True... I wish he lifted his sell wall at 3 so the wall at 4 could be swelled up and i could sell some at 5 in order to undercut my buy price a bit more hehehe
But i think it is temporary, like nameless told me... ;D
@RichBC if you remember our talk on the other day in PM this would make too damn sense to be a coincidence right? I mean this sell wall appears from MrWhale and MrGrey withraw his sell wall and don't do anything else... I think you were rigt about your suspictions about who was MrWhale LOL ;P
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@gpedro Yes you / we may well be right, not made any time for research Today... Had not expected my Buy for 100,000 at 2 to go through, but I think it will be ok for the long term.
Perhaps nameless should do a 10 for 1 share split to improve the trading?
Rich
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@RichBC I don't think that is in his plans tbh... He want the price low for now i think...
If you think well i think the price at 3 is good compared to the burst price at the time swap and sale at 5 and i think he want to keep it regulated with the amount in portfolio on his trading account, meaning the true value of the asset... Provably the only Issuer trying this so far?!
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yea he has it locked up at a value of 2 ... im not sure why he is not trying to walk the price up on yet. he could take his sell blocks of 500k and drop one each in at the next price up wile working his buy wall up as well. he has most at 3 and a few at 4 but nothing at 5+ anymore and no buy walls above 1
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@RichBC @gpedro Since the beginning, nameless has always tried to keep his assets at a stable price (with the only exception of 402 at the beggining when it did not give dividends).
In his muy grande announcement for 402, he said :And now as a final word, Mr Grey will be dropping a 20 milion shares wall at 3 burst a piece to make sure the price doesn't go out of control.
It makes sense because let's not forget it's a retirement fund and not a tool of speculation. All those whales keeping the price low do not bother me at all because this is in my opinion the most long-term asset I know on the exchange. I think he wants his asset to be a kind of store of value inside the Burst economy. It makes sense when we look at it this way : from the value divided by 6 to this whale game, everything is done to protect the investors from the extreme price movement we've seen in other assets (Bsilver or casino are good example).
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@Gadrah_ I agree and i am not worried aswell.. I wasn't pointing as a flaw or a bad movement, I actually said that the shares are most likely worthing the same that they worthed when they were at 5 (in USD)... @nameless asset's are the ones i have more money invested tbh and i think it's a good investment otherwise i would not have that big percentage of my portfolio in his assets, specially in 402 ;D
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Asset Thought for the Day. What will happen when the Casino opens on 1st May?
So the general sentiment shown by the order Book still seems to be that people do not want SnakeEyes Shares at 50.
The Share sale by the Asset issuer is still being underct and has sold less than 100, 000 shares. One astute Member on BN asked the right question.
So looks like the Max Bet is going to be rather small, which is not going to make for exciting play or exciting profits.
So I would say take some profit if you have not already on your MTMG shares
The unknown in this equation is what might be done behind the scenes to boost the Bankroll and what other smoke and mirrors will be deployed?
For that reason, and because we have already taken a big hit on the Casino Shares I would say hold fire on SnakeEyes. I feel it's a bit like a failing Bank and will not be allowed to go down.
Final thought is of course. Will the Casino open on 1st May?
Rich
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It will open. 10k x 50= 500k Burst. That a good enough start to me. If they lose that its time to wrap up and go home.
I'm still feeling abused and beaten by the casino asset. Swear I was at work thinking when I get home I'm going to sell my casino assets and use the funds to get me a new 4tb drive. Well that turned into a 2tb drive. What kills me the most is they just had a pep rally on the Burst Community YouTube show talking it up. Not a mention of a dwindling bankroll and a looming shutdown. The night of the show I bought 75k burst worth of shares like a sucker.
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@RichBC I agree with You that it's not allowed to fail.
For sure as soon as casino goes online Adam will give super secret 100%win in 2mins x9 Extra hot secret.
Also I'm not sure but I think 2kk burst is what's left from previous bankroll (so 2.5kk bankroll).
In the end I still prefer to buy more BTCDragon because it can bring other communities to burst and has potential to be far bigger then casino asset ever was. Especialy as price is dirt cheap for now and Bitdv is adding new features everyday while casino in whole it's existence added only 1 game? Also it would be huuuge hit for BN if they can't sell anymore and most likely will lower casino price to 40 making everyone sell it @30^^





