95% Assets Seems Scams or Handled with Selfishness and Unmaturity is their Any Drastic Change required in Asset Exchange?
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Anyone have any idea why Haitch asset not going down with increase in price etc lolz
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@dvndr007 Because those who have invested in it have decided not to sell.
It seems that you forget that normally the price of the assets after they are in the market is marked by investors who prefer to recover their investment even if prices are lowered.For example someone who has bought assets 6 months ago even if you sell now at half price will earn money, lose burst but earn dollars.
Personally with this rise I have not sold neither assets nor burst, but we have to think that not everyone thinks of burst, many invest thinking of dollars or euros, but this happens in all currencies
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I tell ya one excuse I hate to hear from Burst Mining Asset managers is the current price of Burst to fiat..
If I start a asset at 200 burst per share when 200 burst = 20cents of fiat and then six months later the price of 200 burst goes to $20.00.
One thing I'm not going to do is issue new assets at 20 Burst per share because it now only takes 20 Burst per share to equal that original share/fiat price of $0.20 per share.
What I'm going to do in order to expand my asset is issue those shares at a price of at least 200 Burst. So if I want to expand with a 8tb drive that costs $400 I would issue 20 new shares at that same 200 coins each. I think the asset managers feel like they must issue thousands of shares at a time which is not the case .
If your asset is mainly a Burst mining asset then fiat shouldn't even be a tiny little part of the equation. Burst assets need to be measured in Burst not fiat. The AE is traded with Burst not fiat. Once folks get this through their heads we will be able to move forward.The AE is so far down right now because people don't care. No one is out in the real world breaking their neck so that they can come invest in Burst assets.
Look at one of the assets that have stuck with Burst this whole time. SoCalFarm is one of the very few that has played this right.
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I hope yall essentially understand what your telling investors. What your telling them is that your asset is in the dumps because the coin your mining is up about what 500% at least. This is what your telling us. "the coin I'm mining and payout dividends in is up a chit load therefore the share price is way down" that is what your fucking telling me.
No the assets are down because like said no one gives a hoot about your asset. Your not buying back shares, your not reinvesting out of your own pocket your not implementing a reinvestment plan,,,,,and therefore no one cares, no one wants it. That is why your prices having falling of the dam screen altogether.I understand for assets like 402 that dipple and dapple into all kind of ventures but it is not acceptable for Burst miners.
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@Dillion You have to understand that no one will invest if it's not profitable. I will once again use CCM as example as it's easy to calculate with it^^ If CCM asset costs 10burst/share you would have to pay ~500$/tb. No one will pay this much... It's normal thing to adjust price so you are buying mining power at normal price - ~30$/tb. That's essentialy what most of assets named here are, buying mining power. It's like crying that you bought graphic card for btc burst while btc was cheaper...
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I want to invest but I'm still lost in this, I don't get most of the replies here. So if the coin increase in value the Asset Exchange loses? then what is the point in the first place for an asset exchange? the main thing we as miners want is for the coin to increase in value right?
If I becoming an asset holder means I'm against the coin increasing in value, I will not invest in assets. I own NXT and asset issuers over there work to bring the coin higher in value! not saying stuff like increasing the coin can kill the AE...
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@Hyzi0 I clearly see your point. However your not factoring in that coin being mined and paid out in dividends is way up in value. Your right no one will pay $500 tb. So all in all it looks like the best thing is to just stay away from the assets altogether as the coin is the better asset to hold because if the coin goes up drastically your asset holding will go down in coin value drastically and you'll never get your original amount of coins back.
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@TheMartian thank you very much. Its a tuff go around here to get some to understand this.
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@Dillion I agree with you, for now being a miner is the best asset to hold right now! invest in yourself and buy drives for yourself, is more profitable and a lot less risky!!
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@Hyzi0 From my example above with sticking with the 200 coin per issue asset price it will be profitable for investors who got in when Burt was cheap to fiat and will still be profitable for those getting in when Burst is up because were not measuring Burst mining assets in fiat. . Whos charging $500 worth of fiat of shares for 1tb?
Also some o these asset issuers need to quit being so dunghole on expanding. Don't lower your share price and cut off your investors heads in order to expand. Like said if you can't sell your issued assets then OH Well no one wants it evidently.
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@Dillion You might get ROI^^If it wouldn't be possible there would be no miners^^ The funny thing with assets is that you have to divide whole profit equaly to all shares. So if there are 2 investors who bought 2 cards. 1st one bought 100 shares for 200 burst - equivalent card's price. Then price went 10x up and second one bought 10 shares for 200 burst - again equivalent card's price. 1st investor would receive 90.9% dividends. That's why asset issuer have to lower the price so second investor gets 100 shares as well for card he bought.
I know that you feel kind of cheated but there is no simple way out. If you want to mine, assets are the simpliest way to do it and sell your 'equipment'^^
@TheMartian Assets boost burst's price^^ Most of them are mining farms that pay you what is mined (literaly legit cloud mining with contracts you can sell). You can also trust your money with traders and earn portion of their profits^^ It's great thing but it's free market so if a lot of ppl want to exchange to burst at once there might not be enough buyers to do it at the time.
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@Hyzi0 I strongly disagree. Do not look at it as well this guy 6 months got 1tb worth of shares when it took 90k shares to get one tb. Today it only take 1 share to expand 1tb......this is not a problem as the investor is buying into the asset dividends. Yes his one tb of shares is only one share however he is adding that share to the dividend pot. Ohhh its hard to get my words out on this little chat box.
If the asset I paying a average of 1 coin a week per share then he is now a part of that and it is going to cost him 200 coins just like everyone else. That one share is now part owner of the entire revenue of the asset. Hope this makes sense to you I'm trying.
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@Hyzi0 thank you, this conversation is very useful for a newbie like me, I will keep watching this post!
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A asset that cost 100 coins per share which pay out one coin per week equal a Price to Earnings Trailing 12 Months of about 1.9 per share rather the coin is worth one penny or a thousand dollars.
If were measuring P/E off dividend payments.
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@Dillion Oh I understand your point of view now^^ The question here is would dividends be affected by bursts price rise so it would still be profitable to join^^ We don't live in perfect world and with burst price rise difficulty will rise as well so 1tb now might be equal to 300mb a few months ago - divs drop from 1 to 0.3/share. Well I understand your frustration a bit better now but I guess we aren't big enough yet for this kind of view as there are simply no investors rdy to pay that much for such low returns. It's way more profitable then to simply buy your own equipment^^
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@Hyzi0 Exactly and the reason why is were not dealing with swifty asset managers that have swift reinvestment plans. IT seems their reinvestment plan is to hold their hand out and not use that noggin in between their shoulders to create something unique to grow the mining operation from within.
I agree with you that it is not big enough yet to support much liquidity at all. This is where the asset manager comes into play. Buybacks, reinvestment, promotion, manager reinvestment, escrow, insurance are all ways IMO to increase asset value in times like this.
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@Dillion A lot of them have their reinvestment plans but it's literaly taking moeny from shareholders to keep stable dividends/have a slight rise in it. I love assets that reinvest part of income in more drives/assets etc. but if asset doesn't have it then it will ROI faster and you can always reinvest this money by yourself but some ppl want it to be done for them^^
I wanted to appologize for my misscalculation with ccm @10 it's 60$/tb not 500$(forgot 0 :v). Still not worth it, good for last point but misscalculated, sorry :v
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Had he been properly managing his asset this last months maybe it would be worth it today. As is we sit with thousands upon thousands of shares in circulation with a diminishing payout per share. Enough of that, I've pretty much chalked that one up as a 80% to 70% loss but still have a tiny bit of faith that maybe he'll get it together. Where would the asset be today if thousands of shares had been bought back and if a small portion went to reinvestment and so on.
Time to move on from that. I just hope that the community can come to an agreement to measure Bust assets in Burst. Fiat secondary.
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Asset Exchange is very Beautiful And a Great Idea
But the whole thing is Issuers And Investors both have to think likely and issuer have to make it like that .
Best example is Haitch Asset there are buyers and sellers No one Selling Low No one Buying Low its All What we create Question is Why not this Happen to Other assets There is Lack of something its Bitter truth and We have to Think About it.
Crowetic is Extreamly Creative guy as much i know dont underestimate him
And one last thing i want to say i am not in loss i earned 10x profit 3 times on edge1978 asset i bought it on .1 and sold it at .9 and this happens three time when panic occurs before that pump i sold at 169-228 aprox its total 180k burst i withdraw by investing 18k aprox Those who saying i dont know how to invest let me know how much you made i just created this thread coz i feel all issuers are hidden right now and distracting or waiting for market to cool down instead of fighting hard and stand out they have no idea if one more big pump happen everything gone dead then what they do instead bring out solution do whatever they want just make asset exchange alive during pumps .
And investors we should not panic if we trust issuer then trust blindly let him do his work or dont trust at all just dont question out instead sort it out if some problem occurs thats all what we can do.
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@dvndr007 said in 95% Assets Seems Scams or Handled with Selfishness and Unmaturity is their Any Drastic Change required in Asset Exchange?:
Couple of comments. haitch Asset is holding up well in the storm for a number of reasons.
- It is a real Asset, not a crowdfund, with a simple and clear strategy.
- Because of the relatively small number of Shares sold and yet the Dividend payments distribute to only the Sold shares makes for a very good return.
- It covers a broad spectrum of Assets.
- Probably the most important. haitch always was and still is one of the few remaining high profile members who is entirely trustworthy.
As to profit on Assets then however good you are there will always be losses, the key is what is your overall position. I have had quite a few losses, but more than made up for by the successes. All of those successes have been through Trading not Dividends and include several unsavoury Assets that were just bought to Trade.
You always need to think very hard why you are buying an Asset and not be afraid to take a profit, rather than just hold. A very nice position to get to is where you profits have paid for your remaining holding, but just getting your average buy price down opens up options if things turn down.
Rich



