[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000

[FrilledShark]

Vector Asset

The progress of the asset can be seen at https://docs.google.com/spreadsheets/d/1e42TGRR_PK3894pJ271IQr31ISR-MpWjADvEO9VwbVg/edit?usp=sharing
I will update it daily until trading begins
Edit; I didn't know that url shorteners wasn't allowed, and feel free to write comments on the sheet

No need to update shareholders...it can be seen here https://block.burstcoin.info/as.php?as=4166893642908831356

I update shareholder for a easy overview, you can also see the next payout from Vector in the sheet.
Edit: I can now see i have sold every issued asset this month, i will begin trading 12:00 UTC +1

[BurstIncomeAsset]

There are only 460,000 CHEAP assets left to be sold before the price hits 2 BURST. It can double it's price that easily.

Perhaps the Vector asset could consider investing some in CHEAP because it's cheap now.

https://block.burstcoin.info/as.php?as=4267876427937004537

[FrilledShark]

There are only 460,000 CHEAP assets left to be sold before the price hits 2 BURST. It can double it's price that easily.

Perhaps the Vector asset could consider investing some in CHEAP because it's cheap now.

https://block.burstcoin.info/as.php?as=4267876427937004537

Cheap has a big market, but the goal with Vector is to close the gap between sell orders and bid orders. If you look at Income or ByteEnt, you will see a spread on 6 to 8 burst. Cheap has a 1 burst spread, it's 100% it's price, but there is already a large amount of cheap ready at 2 burst each.
I do all this while making a profit and pay the dividends at a ROI that is acceptable.

Edit: If anyone would like to have a influence in what i invest in, i have created a straw poll http://www.strawpoll.me/5985567 with the top 8 assets. Bank assets is not included, but if there is a big interest in that type of assets, they will be included.

[FrilledShark]

Vector Asset

I have create buy order for Income and ByteEnt, i have 104'976 burst left to be but on orders. Then the time reach 20:00 UTC +1 i will look at the straw poll and invest what i have left as the poll says. Cheap will have a chance to be bought if the community wants
Edit: Thanks for the 1 Income?

[crowetic]

Vector Asset

Vector is a asset trading asset. It will place buy orders and sell orders on assets and help to promote the trading of assets. The asset will pay 75% of its earnings and 100% of its assets dividends, as monthly dividends. The last 25% is going to be reinvested.

Vector will start price at 15 burst each. Each month it will increase the issued price on the asset by 1 and update the amount of asset issued from the asset holder to 100'000.

Vector will buyback all assets, the price that Vector will buyback at, is determined by: current price of asset issuer/2. The asset will buyback 50.000 assets monthly, with only 10.000 locked at any given moment. If Vector dies or it creator lose the interest, it will buy back at highest issued price.

Vector will place buy and sell orders on assets, the buy and sell orders will be 1 burst apart. If more people place buy or sell orders on vector it will adjust it's prices, to promote other peoples use of the asset exchange.

Stats
Name: Vector
Asset ID: 4166893642908831356
Total Shares: 1'000'000
Current Price: 15
Asset issuer holding: 900'000
Dividends: Monthly

Watch the asset at https://docs.google.com/spreadsheets/d/1e42TGRR_PK3894pJ271IQr31ISR-MpWjADvEO9VwbVg/edit?usp=sharing

!!!
If the market demands a higher price then expected, the price pr Vector will rise
Vector won't trade with assets, where a big amount of the assets is placed on the marked by the asset issuer. (cheap)
I hold the rights to profit from 5% of the assets earnings at any given time

Very happy to see new assets emerging. Keep up the good work.


I soon hope to release another asset that will be shares in Crowetic Computers, LLC.

Since going back out doing local computer work as opposed to doing online stuff I was before, I've been doing much better than I thought I would have by this point.

I only went back out local in August, and my income since then from my company alone is already approaching 4,000 USD. This is much more than I had envisioned for a mere 3 months into getting back to local IT related work.




---------------------------------------------------------------------------idea for an asset based on my company...


The asset will be shares in the company, basically making it like other public traded companies.

However, this asset, will pay dividends.

The dividends will not start for a set period of time, giving me a bit more time to solidify the income, and make sure everything continues to go as planned, or better.


---sidetrack---some info on what is going on now with Crowetic Computers, LLC.---


 I already have a partnership with another company that is just starting to really take off, and they're currently giving me pretty steady jobs doing various IT contracting work and installations of their VoIP phone systems.

There would be options for sales of these systems as well, with a nice commissions package, or a straight up bonus check. I already have a client in the works for this that if goes through, will mean a check of 2,000 USD or so. If I decide to start pushing sales further in this area, I could end up with a sweet residual from just that.

Not entirely sure if I'll go that route, but it is a very viable option. For now, I will continue with my own clientelle, and contracting IT for them.

Recently built an extremely nice custom watercooled gaming machine with 12 core i7, 64GB RAM, and TitanX HydroCopper for a client. He was extremely happy with end result, and so was I.

Everything is going very well in my company, and with much more gusto that I had anticipated. This means too though, that I'm extremely busy.

...

sorry, got a little sidetracked there, continuing on with my asset ideas...

I would like to give a percentage of my monthly income through my company, back in the form of a return on the asset. I was thinking a percentage between 2 and 10% most likely based off the amount of total income in that month. I would take that percentage in USD, purchase BTC (at the right time ) then use that BTC to purchase BURST, and/or place a buy wall, then once completed, pay out the payment to asset holders.

I would not put this on a strict schedule, but it would be either monthly or every 2 months. May be better to do two, and average the two months into a single percentage. I'll figure that out soon.

I would offer the asset for purchase likely by December, possibly sooner, and it would begin to collect funds for its initial payout (thinking first payout would be 3 months later, so March sometime...) which would be likely a larger percentage than the rest as it will be both 3 months of income averaged, and, since it is the first payout, I would make it larger on principle simply to create benefit for early buyers.

I will offer purchase of the asset in BTC and BURST. I have yet to decide how many will be released.

I may also end up giving some sort of investor suggestion section, where the shareholders could give ideas of direction for the company, and maybe even help with certain projects (with pay of course. )

I think some of you with programming experience could come in very handy at times, as I think one of my next projects I'll be taking over (discussion with partner tonight about this) will require programming. I'm teaching myself to write code, but I'm not a pro yet, so having some sort of consultant in matters like that would be very beneficial.

There would also be room for assistance in Sales of the phone systems for my partner company, which comes with quite a substantial commissions possibility. Seeing as the systems are possible to be fully cloud based, there wouldn't even be necessity for on-site installation. However, if you were to make the sale to someone local, you could go onsite, and we could remotely help you, and you could do both the sales and installation yourself. This could end up becoming something of a job for some, with ambition **I would need to speak with my partner company, but I believe there should be no issue with this. I could even run the person under my company's name contracting for them, so they don't have to worry about multiple people, I would work it out in one way or another.**

Anyway, that's basically the rundown, sorry I have a tendency to go on and on, but when I get an idea, I tend to run with it. I think this sort of asset could end up being huge for BURST, and possibly even bringing a whole new level of investors, and possibly something that would create some excitement. I would also be able to contact investor companies, for investment into my company, and they would be able to see the financials, and invest into the company via the asset exchange too.



The release of the asset would be structured in phases, with prices changing based on how the company is doing at the time.

since the payouts would come from USD, there is a big variance possible in the amount, but it would also be good for BURST having fresh USD influx constantly.

There aren't many assets with backing of legit companies, and I don't know of many at all that have a structure like this, and I believe firmly that it will succeed. Even simply offering the company as an asset for 'going public' would be good, but with benefits and possibility to make real money with it from being part of the investor group that'll have insider info and opportunity, it could become something really awesome.


Let me know what you all think about this. Feel free to throw out some suggestions. I'm all ears

[FrilledShark]

"Snip"

Sounds interesting, nice to see a company investing in burst. The more asset we get on the market, the more profit Vector could possible make 
If you need any help i would be glad to give you a hand.

[BurstIncomeAsset]

I noticed that INCOME has been pushed up in price. It is interesting, even though I havent put out that many news lately.

I will keep both assets updated, both CHEAP and INCOME about current news and events, however I hope the Burst forum will be back soon.

This thread is more for general BURST discussion and not for asset specific discussion.

[crowetic]

I noticed that INCOME has been pushed up in price. It is interesting, even though I havent put out that many news lately.

I will keep both assets updated, both CHEAP and INCOME about current news and events, however I hope the Burst forum will be back soon.

This thread is more for general BURST discussion and not for asset specific discussion.

We will either make another solution for the forum's hosting, or make another forum solution entirely on one of our hosts. I need to get the forum owner's attention.

[Blawpaw]

Is Burst dying or what? The price has been droping and droping, it even got to the point where it is no good to trade... So what's the matter?

[Irontiga]

Is Burst dying or what? The price has been droping and droping, it even got to the point where it is no good to trade... So what's the matter?

Lots of people have a lot of money invested in Burst. It's price is alarming, but it's not going to die that easy...

[BurstIncomeAsset]

I noticed that INCOME has been pushed up in price. It is interesting, even though I havent put out that many news lately.

I will keep both assets updated, both CHEAP and INCOME about current news and events, however I hope the Burst forum will be back soon.

This thread is more for general BURST discussion and not for asset specific discussion.

We will either make another solution for the forum's hosting, or make another forum solution entirely on one of our hosts. I need to get the forum owner's attention.

That sounds like a great idea. I would be glad to advertise the new forum.

I`ve advertised this forum thread to 2000 people, but it wasnt that succesful and I thought.

http://bitter.io/campaign/3K8PbjCNug48XLe4W3S1TJfjAPxCkpwQ9R

Maybe I should advertise the Burst website instead?

[yeponlyone]

Which are the correct connect details (port) for burst.ninja? Can't find them on the site.

Thanks

[yeponlyone]

I noticed that INCOME has been pushed up in price. It is interesting, even though I havent put out that many news lately.

I will keep both assets updated, both CHEAP and INCOME about current news and events, however I hope the Burst forum will be back soon.

This thread is more for general BURST discussion and not for asset specific discussion.

We will either make another solution for the forum's hosting, or make another forum solution entirely on one of our hosts. I need to get the forum owner's attention.

That sounds like a great idea. I would be glad to advertise the new forum.

I`ve advertised this forum thread to 2000 people, but it wasnt that succesful and I thought.

http://bitter.io/campaign/3K8PbjCNug48XLe4W3S1TJfjAPxCkpwQ9R

Maybe I should advertise the Burst website instead?

The the Burst website sucks big-time.

Let's together collect some funds to hire someone who can get it proper shape before you do that.

[DooMAD]

Is Burst dying or what? The price has been droping and droping, it even got to the point where it is no good to trade... So what's the matter?

The exceptionally good news in this thread should help.  It probably won't be long before you can trade between BTC and Burst without using an exchange.  Now is definitely the time to buy while it's cheap.  This news should also attract some new investors.

[FrilledShark]

Which are the correct connect details (port) for burst.ninja? Can't find them on the site.

Thanks

I'm pretty sure it's port 8124.

[tanoury]

Which are the correct connect details (port) for burst.ninja? Can't find them on the site.

Thanks

I'm pretty sure it's port 8124.

Yes, burst.ninja:8124

[crowetic]

Is Burst dying or what? The price has been droping and droping, it even got to the point where it is no good to trade... So what's the matter?

The exceptionally good news in this thread should help.  It probably won't be long before you can trade between BTC and Burst without using an exchange.  Now is definitely the time to buy while it's cheap.  This news should also attract some new investors.

Thank you for sharing, this is indeed awesome!

edit: shot it out on BURST's twitter page.





If anyone has any devs looking for a good project to help build, point them my way. BURST could use a few new sets of hands.

[omskbear]

BURST TO THE MOON? I think it's time to buy.

[BurstIncomeAsset]

We have been making really good profits with trading AMS, so far all trades are profitable:
https://yobit.net/en/trade/AMS/BTC




Then here is the current balances:




Moving money slowly out of yobit and into the safe investment portfolio, so far we are very profitable with trading altcoins.

Deposited: 0.90 BTC
Withdrawn: 0.27 BTC
And still have: 1.06 BTC

That means that so far we made a profit of: 0.43BTC just by trading altcoins, and AMS has been a really profitable one. Still holding a stack of it because it can go way up again.

Now I think it's better if we focus on increasing the capital now, so I will give out dividends only from the casino profits, and the rest of the profits will be invested back in.

So any profit that comes from trading will be moved into SD for slower but safer profits, and from those profits will the dividends be paid.

Trading is risky and I`m still not confident enough in my abilities even if we made 0.43 BTC , so I`d rather go for safe and steady income via the casino profits.

According to my latest calculations with SD's new slotmachine, it is making about: 0.3% ROI/day , safe and steady.

[haitch]

Is Burst dying or what? The price has been droping and droping, it even got to the point where it is no good to trade... So what's the matter?

The exceptionally good news in this thread should help.  It probably won't be long before you can trade between BTC and Burst without using an exchange.  Now is definitely the time to buy while it's cheap.  This news should also attract some new investors.

Burst up 100% overnight, Qora up 40% - looks like this news got some attention ...

H.