MORE Drama on its way, Burstcoins Stolen from Flex Pool

[Marc]

.. fasten your seatbelts ladies and Gentleman and get your Popcorn ready..

[FrilledShark]

Moved to Off-Topic.
If Focus writes here, it can be moved to General Discussion or asset exchange.

[RichBC]

@FrilledShark I would not expect focus to post here, however this is very important information for Flex Asset holders, so I think it would be best to put this information somewhere more prominent?

Rich

[Marc]

I would put it in Asset Exchange for those users Holding Flex and dont look in to BN anymore (or dont have an account there like myself and/or dont look there Overall) because thats where the Information belongs logically and thats where Asset holders would look for Information on their asset in the first place.

[vprf]

This disagreement has reached new levels because it directly effects the share holders. Why? Because the uninformed will buy the FleX asset at 1 Burst thinking that they get a good deal. The asset investors are directly screwed. Before all the disagreements have been between people. Very sad.

[thomeefl69]

@vprf Asset investors were screwed before , unfortunately .

[vprf]

@thomeefl69 Yes I agree but indirectly.

[thomeefl69]

@vprf well, yes and no. Let's see ...For example, Nameless had his -lets call it- disagreement with others which led him moving on to other platform.
Now, lets see how it affected me as an asset investor (numbers rounded for easier calculation) :

I used to have 200.000 402 assets on one of my accounts. Got it lets say average of 3 Burst / share.
That is 600.000 Burst in Nameless' hands (yeah it wasn't all purchased from him but the shares of his assets were sold by him so one way or other he got the money, maybe earlier (from Newsilver, FAD or 500K) - possibly more because there were his asset consolidations, etc.).
From 402, I got paid various amounts of Burst per weeks ; last time it was 2500 , so around 10.000 / month or 120.000 /year.
It was OK because it was supposed to be a long time asset, right?
But, the asset was created 8 months ago, so at the max he could pay out around 80.000 .
Now , he decided to move on ... I dumped my assets into a buy (for 1 per share) right away recuperating 200.000 - and I was lucky because of course 402 asset price is 0 now - investors cant sell their shares, so cant re-gain some invested money ...
So, he got the 320000 I will never see again because it would require me to move to BTS to get any chance getting it back (if I hadn't sold my shares) .
Even there, who knows how he will pay out and how long it will take to move on for the next platform ... And I am not going to BTS just because Nameless feels that it is the place for him and his asset. I believe in Burst, I invested in Burst, I paid in Burst and I expect to be paid in Burst from a Burst asset. If I wanted BTC or BTS payout, I would had invested in BTC or BTS.

Same deal with Adsactly ( another Nameless tied asset ) , a once 70+ / share asset is basically worthless , haven't paid dividends for months and both of them move on to next platform...

so, yeah asset investors are screwed yet again...

[vprf]

I fully understand what you are saying. But a disagreement and ill will towards another (as they say) side of the street did not affect 402 asset. It was the asset creator him/her self. Nobody stole the asset and put it for sale or sold. I forgot who does not or will never purchase an asset but it now seems that may be the wise choice based on past asset performance.

[falconCoin]

@thomeefl69

i finally dumped adsactly for same reason it had not paid out in like 2 months and i lost on that sell but was out from under it so it it was it is now

newsilver and 500K same thing wasted my time, was that his too?

and i agree, apparently he has moved from one coin to another, and from the proof offered it has been similar issues. again that is one side but of course nameless doesn't give his side just says he has no time to deal with or explain it and moves on.

[BigBear]

Aaaand thats why I don't buy assets anymore... All sorts of trouble and drama that you constantly have to keep up with!

[thomeefl69]

@falconCoin yep, Newsilver , FAD and 500K was merged into 402.
yep, Nxt, HZ, Burst and now BTS same idea, same exit for whatever reason...pattern much?

[falconCoin]

@thomeefl69

i am not sure what was going on, but these guys are burning the assets

i dont understand how anyone is supportive of that whole scenario, when the proof has been laid out there, the recorded convo by AG, the proof even @zeus brought up as a former asset holder.

all of it would makes me keep my money right in my wallet

[thomeefl69]

@falconCoin they are just exiting...nothing else. They are moving on.