95% Assets Seems Scams or Handled with Selfishness and Unmaturity is their Any Drastic Change required in Asset Exchange?

[TheMartian]

@qibucks I seen that post and for sure it was a scam heh, it's sad that he got away with it!!

@falconCoin I took that quote for my signature, It's one of my favorite sayings too!@falconCoin I took that quote for my signature, It's one of my favorite sayings too!

[qibucks]

This post is deleted!

[qibucks]

@dvndr007 Thanks for contributing to the great community spirit..I see you are the type of person who enjoys seeing other people stuffing up and laughs at other people's failures..be careful because karma can boomerang back at ya and one day you will find someone laughing at your suffering or set back, be careful lol I am 51 years old and old enough to be your mother..I wonder if your mother if she ever made a bad investment you would tolerate someone being rude to her. I think it's time we all learned some manners which is becoming very lacking especially now in cryptoland. People think that freedom of speech means totally disrespecting others. Too much reality TV shit and sensationalism has desensitized people to such a degree that it's making us all almost inhuman and uncivilized. Anyway I gave you enough of my precious time..Peace out.

[qibucks]

@TheMartian Oh well another one bites, the dust, we live and learn lol. We need to move on :)

[Energy]

I also invested even though I was sure it was a ponzi or had a lot of it, and the only problem is that I invested late.

Since I am in this world of cryptocoins if I have taken as an example the phrase reverses what you are willing to lose.

Knowing this I invest in all the ponzi that I see and I do it because these are dedicated to respect the payments while they do not get enough to give the blow, so if you survive at the right moment you win and if you do not lose.

I never invest amounts greater than 0.1 BTC and if I can double or triple the investment I am satisfied, it is not much but so when I am wrong and I lose neither does me much harm

[pml2020]

Change is needed in the way assets are structured and managed. We need to separate the sheep from the goats. Asset issuers need to be more proactive and savvy enough to manage their asset competently and avoid their asset value crashing. Confidence should be displayed at all times and they should always have a plan and backup plan to maintain / increase the value of their assets, continually increase their dividends / profits and also continue to bring in new investors. It seems like most assets are not being ran with the conviction of a real business owner / operator, maybe because the success of most asset issuers do not depend on the success of the asset? If an asset is an actual business and not a part time hobby / fund raising venture and the asset issuer's future / life is depending on the success of the asset then you will see the difference. I plan to set an example of how an asset / business should be managed / operated and renew some investor confidence in the Burst AE soon. Intervention / new ideas are badly needed in the Burst AE before all investor confidence is completely dead and the Burst AE kicks the bucket...

[falconCoin]

@pml2020 that is how i feel too

something needs to change and not tell us oh we don't need this casino i have another business etc.

we need ppl who treat as a Business and make it grow as a business like it was 100% their own.

now this comment is NOT against everyone but i know from experience in my old profession when ppl get sponsors to pay for the venues, and the insurance and advertising etc. ppl tend to half ass it.

we called it "OPM" other peoples money.

I also believe SOMEHOW there has to be some checks and balances going on here, ppl NEED to be held accountable for things. I get this is crypto but some things in society were put there for a reason and some of that needs to be done here too

[LithStud]

@falconCoin @pml2020 depending on asset (but i believe its a majority case) there cant be always going higher. I like you brought up that it should be run like buisness and i agree. But (you knew there is 'but' comming) just like buisness ther is years in minus as well plus (i say years since buisness reports in early - and i am looking mostly in investement firms as i have some access to information about them). Now also consider that crypto is HIGH risk investement (as it isnt stable, scamm/fud/etc are rampant and so on).

If you plan investing dont be afraid to question the issuer and then decide or like @Energy invest just the sum you are comfortable to loose.

EDIT: Oh and @falconCoin forgot to mention :) investors should ask issuers to keep some kind of books (if it possible) then anyone wanting to analyze how asset is doing and when/where moneys coming of going ;) .

[falconCoin]

@LithStud i agree

set up a google doc's and let ppl see what is going on at all times, with links to the accounts that hold ur funds...

we need 100% transparency to build the trust back up

[rds]

@pml2020 said in 95% Assets Seems Scams or Handled with Selfishness and Unmaturity is their Any Drastic Change required in Asset Exchange?:

Change is needed in the way assets are structured and managed. We need to separate the sheep from the goats. Asset issuers need to be more proactive and savvy enough to manage their asset competently and avoid their asset value crashing.

We can avoid asset value crashing by not allowing the asset to be bought/sold on the secondary market. Then the price is totally on the asset issuer. If it drops, he's a scammer or a bad manager.

[haitch]

@Hyzi0 Sorry, that wasn't intended for you, it was intended for whoever made the assertion I intended to quote - it had been a LONG day. My Apologies.

[dvndr007]

@qibucks hold on why so serious lolz are you 51 you look like 30 35 is that your old pic actully i too loose many on cloudmining and gambling its not bad its part of game its experience we gain but whole thing is end profit we have i gamble on site if i loose more then i gain i leave it permanently and try another where i can recover those losses if i am loosing everywhere i gave up thats better then loosing more where i didnt get fit ,you say you invested in reaper can you plz tell what you study about reaper asset before investing or you blindly someone asking and you giving burst and then why i got scamed its 99% risk ratio means its sure you will loose in reaper like investment and everyone should learn from mistakes and never reapeat them or you loose everytime i am sorry if you got hurt from any word but its bitter truth you need to change if its not working i will say exactly to my mother if she is in place of you i am just placing the fact like i think maybe i am wrong may be i am right i have to say what i think is good.
i am not much good in english but you can understand what i want to say lolz

[falconCoin]

@dvndr007 not good english but good enough english to flirt a bit :P LOL

[pml2020]

@rds Simple steps / traits that will keep the value of any asset / new assets stable / steadily increasing on Burst AE.
(Assets 101)

1. First the asset issuer need to be of sound character and display transparency (and be verified) and stay out of confusion / rifts on the both forums to be respected by your potential investors. Must have a good business idea / plan with a sound business model / structure because you will need the majority of your initial investors to really believe in you and support you and your business into the long term future. Try to be creative and think outside the box instead of just copying other assets, most assets are already mining, staking, trading and gambling and non of them even created a real use case for Burst coins. You should have a long term goal / plan for the asset / business that is understood by all, be absolutely clear about it and inform investors that it will be a team effort to achieve those goals and If they are looking to get rich quick they should choose a different asset and always keep your investors updated with all progress and accomplishments / reports. Do not ever make any promises or statements that you may not be able to fulfill. Trust, confidence and investor involvement will produce some passionate long term investors that share your dream for the asset / business. Focus on always keeping your Initial investors who believed in you and your asset / business happy, updated and always informed will be an essential part of the asset success because they will hold the value of the asset by not selling lower than they bought.

2. You should not release more than 50% of your business / assets equity to the public (If the asset / business is valuable to the owner he will never willingly give up more than 50% equity of his business). If an asset issuer rather more liquid than equity of his own asset / business that should be a red flag that it may not be profitable long term or Is not really considered a real business by the owner himself. In the real world no real business/company will sell out more than 50% of their company. Never over value your asset at the launch. If your assets are expensive and you fail to deliver the amount of dividends expected for the amount of investment required, then investors may be more inclined to dump assets. Especially if your asset is based on mining etc. Most assets can't continue to increase their income without spending more and more on new equipment or staking more or taking bigger and bigger risks trading / gambling etc. Start assets sales at a low price and If it is a good business model and structure then the value should increase naturally when the investors realize the value of the asset themselves. In the crypto market success (bull run) most Burst assets dividends / pay-outs and assets value will be / are decreasing because of the structure / business model of the assets (They just can't / won't do anything about it, but sit back and watch, they already have our money though).

3. Expect the unexpected and always be proactive and make moves for the mutual benefit of the entire asset / holders and not just yourself, using the guidance of your initial business plan and your investors. If an asset never had a solid structure or business model, and did not take future market possibilities into account while making their business plan then they will not have any idea what to do when/if the market does an unpredictable move. We are already noticing some assets like fish out of water. (If you fail to plan, then you plan to fail)

4. Always work on improving your asset / dividend pay-outs by adding new revenue streams to the business and always continue to advertise the business / asset. Find innovative ways to continually attract new investors as long as the business / asset is in operation. This will continue to drive the value of the asset up.

5. Always use (allocate) portions of business profits to maintain a buy wall at the initial asset price. This will guarantee that the asset value will most likely never be less than when the initial investors purchased assets and always provide liquidity. ( This will be difficult to do If you sold more than 50% of your assets and if your initial asset price was expensive)

The value of an asset with a poor business structure / model and no business plan will collapse on its own eventually.
Yes If the price of Burst goes to $1 in the morning their maybe some investors that don't care and dump their assets to cash out immediately regardless of which assets they hold, but If the business / asset has any real value to the majority of investors and is lucrative with much more growth potential then the majority of investors will rather hold and continue to collect passive income long term and If the asset was / is successful their should be many buyers already lined up with buy orders happy to grab up assets immediately.

Actions always speak louder than words so I will be putting myself to the test by creating a different model / structure asset soon. I had a vision that I have to do this. I will prove it can be done. If an asset can be issued in all the turmoil and lack of investor confidence and succeed then it will definitely be around a very long time, probably make it to the top of the AE rich list eventually as well. It is not completely out of the issuer's control, its not impossible to maintain an asset value as you may think. I will try to make a good example soon so their shouldn't be so many excuses, selfishness and carelessness in the future. The standards of assets / business management on the Burst AE needs to be raised. It just takes a little common sense and determination. I dropped out of an associate degree in business in the first year so I have not much business education but will probably still do better than most assets using common sense. I was quietly observing what are missing from assets, what is missing from Burst AE, the different asset structures, the failed assets and everything what not to do. I am happy I didn't rush to launch, I will be happy to contribute something of real value to the entire Burst community by sharing my project with you all soon. Imagine Burst #1 asset on the AE rich list is a man gambling in an online casino which is also another burst asset. Clearly assets are currently under achieving and Burst AE badly needs an intervention... SMH I am very motivated to launch soon, continue to work hard and dominate the AE, and ultimately set a new standard for assets on the AE.

[LithStud]

@pml2020 well we shall see what you will offer :) maybe even risk a bit of BURST if it sounds right :P

[potkas]

@pml2020 In my eyes you fail to understand some basics mate. Together with some of the investors :) . Im not saying we don't need some good assets and i agree that most of them at this time are getting incomes only by mining.
But , you did say that they fail to hold the value ... Well some of them may be, but in most of the cases it just shows you
1: fail to understand or
2: you don't want to understand or
3: you are unable to understand that your wrong!
First of all you look at their price at burst... Well mate to just be able to hold it in 2 weeks you would need to raise the worth of your business whatever your doing by 250% + extra for some profit...
Now you really think that you would be able to come up with something to do that?
If your answer is yes then another question... Why haven't you got more money yet than Bill Gates ???

Do you know that your talking about crypto coins right? Do you understand what they are? Because i think you don't at all...
Have you ever heard of something called inflation and deflation? Do you understand what are they and why im i asking it?
Do you understand BURST coin by nature is deflationary ?
A quick example for you and your understanding of business :
prices wont be real here only made up by me but its just an example for you to understand why are you talking bullshit because i really have enough of it!
So the example:
lets say i made an asset two weeks ago . I sold 1000000 shares piece by 100 burst to buy gold for it . As i cant buy for burst i exchange for usd and buy gold lets say on 1000 usd per ounce of gold. In the two weeks time the price of gold went from 1000 per ounce to 2000 and i sold it! Then reinvested in to something and paid dividends while burst went from 0.00000200btc to 0.00000500btc
But as burst went up the prices of my shares went from 100 to 50 burst/piece.
Of course in your eyes it is failure but you have a bit limited understanding of the situation...
Because in this case the business went great and made a 100% growth in just 2 weeks... But you see only: oh i could just hold burst and keep crying about your loss... Well yes you could but without that asset and similar ones your burst wouldn't grow in price...

And please understand 1 freaking important thing about burst:
it is not fiat!!!!
if you spend fiat today because you need to eat to survive after 10 years you look back and say what a cheap food that was...
But if you spend burst today to buy food in 10 years you look back and say well if i did not need to buy that bread i could buy a hotel today...

Sorry for my English and that it is so long but im getting angry and English is not my native language.

[dvndr007]

@pml2020 Thats all what we need i am just waiting for you asset what idea you bring out if you remain on your words you are going too high above gravitation no one can pull you back bravo be optimist always.
and i request big guys of this forum kindly checkout his whole comment is what we need right now to change in asset exchange its real serious matter what we investors need to change in burst crypto is on fire and changing on very fast rate we need to be like that to be in race.

[ScreamIndevnull]

Well asset investments is nothing like investing in stocks. There is no regulation, no oversight, no nothing. This is why I will not toss my burst into that black hole.

[qibucks]

@dvndr007 no problem, thanks for replying and I promise to understand your humor better in future.. :..Reaper was shitty and it's my fault for not doing due diligence lol.. Thanks for the compliment and that pic was taking a few days ago. I don't drink or smoke and only wear make up when I go out and I don't photoshop my pics or wear skin whitener either lol..That's just plain old me hehe..Maybe the clean sea air I am in helps too, I walk by the sea every day,.. and swim now in the summer.. I am blessed now at least I am in a warm and sunny country..I got fed up of the cold 50 years lol..

[gpedro]

@ScreamIndevnull Investing in assets is pretty close to invest in stocks but for understand the differences you have to understand crypto... Sure, there is no entity that regulates the market and the assets usually gives much more risk than a regulated company would give, but usually they also give better returns...

Issuers need to prepare themselfs and their assets much better offering protection layers to protect the investors... This is only possible by arranging volume on their assets in order to protect investors from big dumps and fix the price in a specific coin being it Burst, USD, EUR, you name it...

The AE is not a blackhole, and for understanding this you need to understand that you pay your money for the shares and that money goes to the previous owner of the shares so your real holdings in shares are not Burst... Burst has less than 2 billion coins and if everyone counts their investments in the AE as Burst, by now Burst would have much more than 2 billion coins for sure... If that was the case we would be facing a double spending issue, what is not the case!

The AE is one great feature of Burstcoin and is what turns Burstcoin into an economy... Most of the coins out there only allow transfers of value, the AE offers the opportunity for anyone to open a company in this economy! That is one major advancement for crypto... I have a plan for help with this scam issues in the AE but there is not really a way of preventing it from happen because anyone can open one asset by just pay 1000 Burst wich now equates to around 10€... Hell, opening a company in my country is cheap but not that cheap LOL