Who is Mr Whale and general Asset Trading Discussion Thread



  • @keyd0s @RichBC Zeus came back today and updated his post on the casino. The casino is going to be online today with 8 million burst bankroll.



  • @hah Well done for having your finger on the pulse and getting that right. Do we know what the maximum bet is?

    MTMG & SnakeEyes price biding their time for the moment.

    Rich



  • Man the asset exchange is looking brutal. Thousands upon thousands of shares for sell along with tine tiny little buy orders.



  • @Dillion price of burst went up alot , my guess there are more than few people trying to take advantage and cash some out... its good news for people in it long cheep cheep assets ... time to pick your winners and snatch up some assets on sale.



  • Asset Thought for the Day. Can you really create an Asset from The Burst Nation Radio?

    Well the answer is if you are MisterBurst of course you can. However where are the Dividends that are required to drive the Share Price going to come from?

    Lots of information in a variety of Typefaces available. I particularly like this about Dividend payments.

    With this asset being very unique in the way that unlike any other asset ever released with it's intense Self Stimulated Value Increase SSVI structure, making BNR Shares a true DayTrader's dream come true on the decentralized BURST Asset Exchange allowing investors to trade back and forth with the constant incentive of higher price, higher production, higher evaluation, there is also the weekly payouts based on the payments that sponsors pay us to run their radio ads.

    intense Self Stimulated Value Increase SSVI sounds like fun but be careful not to overdo it.

    So the key questions are how many people are going to take out Sponsor Adds, how much are they willing to pay, will the listener base grow, and will they actually listen to and respond to the Adds?

    Anyway another interesting twist on an Asset from that greatest Asset Twister of all, MisterBurst.

    Give the announcement of THE FIRST EVER SELF-SUFFICIENCY POWERED ASSET! a read and let me know what you think?

    https://www.burstnation.com/wbb/index.php?thread/2007-the-burst-nation-radio-asset-bnr-asset-vburst-virtual-burst-tokens-grand-launch/

    Rich



  • @RichBC I guess everything is possible. but to release it into 10million shares of 10each (6.5m of which are released) seems a bit too much for me, and not really an asset I would be buying into as trading is only available when 65MILLION burst ( around 150thousand usd ) worth of shares has been sold. I don't see this happening anytime soon, or see the radio make enough profit of whatever ads they run to be able to make up for those selling numbers. That's all I have to say on the subject :p



  • @keyd0s Yes selling 6.5m Shares at a fixed price of 10 with no batches / increments planned could take a while and until then this statement has no value.

    making BNR Shares a true DayTrader's dream come true on the decentralized BURST Asset Exchange allowing investors to trade back and forth with the constant incentive of higher price, higher production, higher evaluation

    Also conspicuous by it's absence from the Prospectus is any mention of what they intend to do with the 65 Million Burst they are raising?

    I guess next thing will be to sell Burst Nation itself as an Asset?

    Rich



  • @RichBC The man gotta eat .. and have long line of minions to milk ... LOL



  • @keyd0s Interesting that the original Ask Order for the full 6.5 Million was cancelled and replaced 20 minutes ago with an order for just 1.47 Million which with shares sold so far will make for about 1.5 Million.

    When I first saw it I thought wow someone has bought 5 Million, better buy some quick. Took me a while to realise what had happened.

    I wonder if they are having secon thoughts on batches and pricing?

    Rich



  • @RichBC oh yeah thanks for notifying me about that mate.
    Seems that had a change of heart indeed, and for the better. This means there might actually be some trading possible!
    still going to wait it out though as initially I still think its a weird asset and not really sure if there's any profits to be made.
    Thoughts?



  • @keyd0s Yes I would only consider it as a Trading Asset so I am sitting on the sidelines for the moment. Even if they do call a halt after 1.5 million it's completely unknown what will happen next, so high risk. Perhaps something will be said on the Live Meeting later?



  • @RichBC yeah indeed. not as much hype involved in this asset either I think. I'll see how long it takes for the first million to sell, and then decide whether or not to pick some up.
    Oh that's tonight? Probably good time to tune into that as they for sure will give away some information regarding the asset. And maybe also address some other things I'm quite curious about. I'm gonna try to tune in if I can for sure.



  • @RichBC i would advice skipping it altogether, these kind of "dream" assets is just that - dream. It has no value whatsoever. And trading on pyramide scheme type isnt healthy :)

    But again whats isnt normal for us lowly mortals is perfectly fine for self appointed legend



  • Rich I message with them some when they were first talking about radio station. My idea to get revenue for dividends etc was to put the upcoming songs up for bid. Everyone loves to DJ and share the music they like. Start bidding at one coin to pick next song. Highest bidder wins....I don't know if they did anything with this idea of not.

    Omg on the $150k worth of issued assets....Anyone here have experience with that little radio program they use? Is it real expensive?



  • @Dillion Sounds like Musicoin without copyrights and without blockchain .. new level of gambling?



  • @Dillion said in Who is Mr Whale and general Asset Trading Discussion Thread:

    Omg on the $150k worth of issued assets....Anyone here have experience with that little radio program they use? Is it real expensive?

    Those that were before were free, I suppose I would not change



  • @Dillion said in Who is Mr Whale and general Asset Trading Discussion Thread:

    Rich I message with them some when they were first talking about radio station. My idea to get revenue for dividends etc was to put the upcoming songs up for bid. Everyone loves to DJ and share the music they like. Start bidding at one coin to pick next song. Highest bidder wins....I don't know if they did anything with this idea of not.

    Omg on the $150k worth of issued assets....Anyone here have experience with that little radio program they use? Is it real expensive?

    No FREE here is a screen shot of there license

    alt text

    https://www.muses.org/open-source

    or go to there radio and right click the mouse and go there yourself!!



  • Asset Thought for the Day. Burst Nation Radio the first Day. How is it going?

    So just to recap 6.5 Million Shares were released to the public, for some unknown reason Yesterday that was reduced to 1.5 Million, however Today a second Sell order has now been put up bringing the total back to the full 6.5 Million again.

    Asset Sales currently stand at 190 Thousand, so without being unkind they are not exactly flying through the Ether. I have learnt that you should never underestimate an Asset form MisterBurst and may well be doing so but there are an awful lot of Shares to sell before this can be a Trading Asset.

    The Announcement states that Share Sales will be at 10 Burst and I assume but do not know if that precludes the current Sell order being replaced by one at a higher price to enable trading before the Asset is fully sold?

    It's way to early to tell what the all important Advertising take up will be and if the listener base can be grown to drive the Dividend payments. I would however expect to see some arm twisting of some well known Asset Issuers to bootstrap the Advertising stream into life.

    Lets finally take a look now at vBurst Tokens used to reward people that promote the Radio and can then be exchanged for the 2.5 Million Shares reserved for this purpose.

    In the handy example given in the announcement BURSTKING is paid 100 vBurst for his video, however with the BNR Share price at 25 he needs 2500 vBurst to exchange for one BNR Share. So that's 25 Videos for one Share which sounds like a lot of videos to me? However the exchange rate can of course be changed.

    So most of the Asset Resultant Success Equation is filled with unknowns at the moment and as we all know extrapolating from zero is very difficult, so at best I think this one will be a slow burner and we need a lot more real data before predicting if it will light up the Airways or fall on deaf ears.

    Rich



  • I tuned into the station for a bit but it was all devil music. If it going to be mainly a metal station ain't no body going to be listening....And why chose this one station over Pandora or iHeartRadio which have thousands of different stations? Why open my browser and go to BN when Pandora and others are there one click away on my phone? This asset is going to be a serious flop or Ponzi. Also noticed that it no longer displays how many people are listening. Highest I seen it was 4 people. All it takes is one metal song to be played and everyone will be turning that garbage off. We all know the white supremacist Mr.Burst love his skin head metal music. Only a tiny portion of society listen to that chit.



  • @Dillion I'm sorry, this is not what you like, it's okay, but as a follower of this music for more years than you have, comparing this music with the devil and with white supremacy offends me, about All this last statement.

    Regardless of what you say or believe, there are a lot of people who listen to metal and there will be racists for sure, but as there are everywhere I have heard country songs much more racist than the ones in the metal.
    Any comparison with mb offends me.
    I like metal and defend respect for all people, I do not care about sex, race or religion of people, I do not practice any religion but I do not have to attack those who do, another thing is What I think of the institutions that govern them but that is already a separate issue.

    In what if I agree is that the service itself does not fulfill the function that it fulfilled years ago, with the amount of services that there are nowadays for pc as well as for mobile and also it is limited to a maximum of 250 listeners.

    My personal experience with a service like this in a web of more than 50 thousand users is that it does not work, with several stations, different people broadcasting on the radio and different musical styles at the end I think even I spent more time on youtube than in My own radio


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