95% Assets Seems Scams or Handled with Selfishness and Unmaturity is their Any Drastic Change required in Asset Exchange?
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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
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Well I just gone listening to Crowetic unknowingly tell the world he lost about $60k+ worth of investors crypto fucking with NameLess. Yup theirs another great example of why the AE is crashed because of a manager. Can't believe he took coins out of escrow......... yup
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@Dillion is that audio recording?
@TheMartian one of my favorite sayings "invest in your self"
i bought mining assets too and sold them... the ROI was so slow i felt. I also got out of ALL assets when i lost tons in the casino asset, i was buying them at 1500 and next thing they are 700 and down and down.
i realize the ppl who are doing the mining assets want new equipment and want to mine more and more.
BUT is there any reason they can be done as NEW assets ? with any upgrades why not do a whole new rig, that way early ppl are not losing out. and if they want to invest into the new operation they can.
im sorry but i dont agree with " you take a risk when buying a asset" ppl take a risk for things that should be out of the hands of a issuer not the FAULT of the issuer. using funds for anything outside what is in the asset description is unfair to them.
another thing i do not get maybe someone can enlighten me, if the asset money is to go into equipment. then why is not ALL of the asset money used for equipment? why are their so much fund sitting around that they can be used for any other reason. I am sure no investor would mind having any of the surplus funds sent back or put in a wallet that is NOT controlled by the asset owner. that when they need something like light bill they have to at least be accountable to someone.
sorry if this upsets anyone but i think if there was more accountability and not 1 person in charge of ppls funds it would go a lot farther with trust in assets again
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i think @ccminer did similar if i am not mistaken, new asset for new or upgraded operation
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@falconCoin what I did?
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@ccminer that you did a whole new asset for your new rig....
i was praising you as i think that is best way, that way new prices new equipment is at the current fiat value and no one feels scammed
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@falconCoin yeah but 6 months ago I thought you were talking about now
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@ccminer nope...
yeah i think that is the way to go like you did
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@falconCoin thx appreciated it looks no one give a S**T on the fact that I processed
297 PAYOUTS
I paid
2292870 BURST
I paid in network fees around
59850 BURSTI managed THE BIGGEST MINING ASSET IN THE AE divided into 2 assets!!!
but hey I'm a bad asset issuer!!!
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@falconCoin said in 95% Assets Seems Scams or Handled with Selfishness and Unmaturity is their Any Drastic Change required in Asset Exchange?:
@Dillion is that audio recording?
@TheMartian one of my favorite sayings "invest in your self"
i bought mining assets too and sold them... the ROI was so slow i felt. I also got out of ALL assets when i lost tons in the casino asset, i was buying them at 1500 and next thing they are 700 and down and down.
i realize the ppl who are doing the mining assets want new equipment and want to mine more and more.
BUT is there any reason they can be done as NEW assets ? with any upgrades why not do a whole new rig, that way early ppl are not losing out. and if they want to invest into the new operation they can.
im sorry but i dont agree with " you take a risk when buying a asset" ppl take a risk for things that should be out of the hands of a issuer not the FAULT of the issuer. using funds for anything outside what is in the asset description is unfair to them.
another thing i do not get maybe someone can enlighten me, if the asset money is to go into equipment. then why is not ALL of the asset money used for equipment? why are their so much fund sitting around that they can be used for any other reason. I am sure no investor would mind having any of the surplus funds sent back or put in a wallet that is NOT controlled by the asset owner. that when they need something like light bill they have to at least be accountable to someone.
sorry if this upsets anyone but i think if there was more accountability and not 1 person in charge of ppls funds it would go a lot farther with trust in assets again
I operate a mining asset, NewMiner and any new equipment is only adding to the value and dividend payouts.
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what i mean is selling more shares to do add more equipment.
if your not one of the issuers that ppl are complaining about then you too are doing something right.
AE needs some help and i am not bashing anyone by any means, just trying to help find a solution to get the ppls trust again
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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...
But if the "cost" of your shares goes up, then so does your return. If you're looking at the fiat price, if the cost goes up by 10x, so does your payout. In fact with mining assets, having a higher fiat cost than it did, means the asset issuer gets more fiat, and can expand the farm earning you even more Burst, and therefore fiat.
Would you still be complaining about the price of Burst dropped to 1 Burst? You can buy a hell of lot more shares for your fiat, but it doesn't allow CC to expand.
Assets that earn in Burst benefit from the price increase, Assets that transfer to Burst are still paying you the same return, as measured in fiat, as they always have.
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I agree and apart from 2 or 3 that I really trust, I will actually invest in projects OUTSIDE of BURST to back up the Qibuck asset. There are a few serious projects and good staking coins, plus mining and trading, rest of the assets here have really gone to pot and REAPER was the last straw for me. I invested 1-2 days ago and now found out it was a scam.. What a waste of burst. Unfortunately most of my Burst has dissipated..only 2 assets have held their value to a degree but liquidity is also another problem.
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@qibucks you deserve to get scammed if you are investing in reaper like asset lolz
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@haitch where was I complaining? I simply stated that lowering the price of asset is normal thing so new investors pay same amount for return. So when ppl were complaining about ccm it was simply stupid for me as he just wanted to sell exact amount of minig power(150000 shares = 25tb)
I know that if share price stays the same he can buy more mining power but then new investors simply pay for extra equipment.
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look at my asset for example. When it was issued the fiat value was around 2400 usd not exactly but its not important now! 50% of BURST went to escrow 50% invested in btc i was selling for 10 BURST / piece some people just sold it even for 1BURST/piece really wtf??? was it worth? I know there is low liquidity but still just wait... You can be sure that if i lost every single satoshi (which i did not) you would still get back 5 burst/share... I mean if the asset defaulted... Now lets have a closer look at fiat worth at this point . Btc price is close to double now means in fiat the btc only is worth 2400usd now! And the burst on escrow is worth now aprox 14650usd. In between the time we got several assets meaning another fiat price increase and payed dividends ! Of course i have at this point less time so there is a bit of a mess but it will be over in 2 weeks time and asset returns on normal weekly dividends! And im still managing it only im paying divs when i get time sometimes 2 weeks instead of 1. But the point is in 6 months i did increased the assets holding by some good decisions(Including escrowing 50%) from the starting aprox 2400 usd to aprox 20000 usd!!! and was paying dividends yet you call it a fail! Together with the other assets... Of course if you would hold burst instead of my assets you would get a larger profit if you sell it just now! But i think you would sell straight away somewhere at 250sat/burst . And keep in mind that my assets aim is to raise the worth of BURST by pumping in btc! Of course people are selling it much cheaper now because they do panic and they think the divs are low but as they wish... I cant stop em being stupid...



