Ouch- and there goes the asset price- I lost a whopping 500,000 Burst today in asset devaluation and looks like dividends are not going to come close to paying for close to what I put in for like ever
Here's my observations after today-
- Assets are going to lose their attraction very quickly if people pay large asset prices at IAOs only to see them tank
- Assets truly need to utilize some sort of AT smart contract to ensure dividends are paid out- There shouldn't be a "choice" of the asset issuer- Protect the investors
- Burst community needs to clean up the reputation and stop the absurdity of hacking attacks, theft, in fighting and other BS or people will start taking their money and equipment to other storage paying ideas.