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

[Irontiga]

Hey I found myself in that list.  Sweet.

So what is all the Asset stuff about.  Would love to learn more and play with it.

The asset exchange is a decentralized stock exchange. Anyone can list any asset, so it requires that you trust the issuer. INVEST WITH CAUTION. ByteEnt is the most proven asset however, has been around for almost a year now. Hasn't missed a dividend. Note: It's myself and crowetic's asset, so yes, i am biased, but the stats speak for themselves.

[inget]

Wow the last pump was great. Earned a lot of money.

Hope price will go back to 12 satoshi again

[Lenore]

Hey I found myself in that list.  Sweet.

So what is all the Asset stuff about.  Would love to learn more and play with it.

The asset exchange is a decentralized stock exchange. Anyone can list any asset, so it requires that you trust the issuer. INVEST WITH CAUTION. ByteEnt is the most proven asset however, has been around for almost a year now. Hasn't missed a dividend. Note: It's myself and crowetic's asset, so yes, i am biased, but the stats speak for themselves.

Ahhh alright.

Ill read more on it and play some.  See what I can get and learn from it.

[HalFinneysBrain]

Hey I found myself in that list.  Sweet.

So what is all the Asset stuff about.  Would love to learn more and play with it.

You can buy and sell shares in various assets.  Some of them pay a monthly dividend, such as ByteEnt and Income, which are based on income they get from mining pools, investments, referrals, etc. 

I'd recommend ByteEnt and Income, because they pay steady dividends each month, so you will gain burst slowly over time from holding on to them.   They are also the assets of two of the most active community members, so they should be pretty trustworthy.

Personally I am buying those two assets for the dividends.  I'm not interested in anything that doesnt pay a dividend, but of course everyone else is free to do what they want.  You are responsible for your decisions. 

[xizmax]

Really nice to see the asset market picking up. Keep up the good work

[BurstIncomeAsset]

Good work you've there sir! Burst is a great coin, what is really needs are more active community members like you!

Hey I found myself in that list.  Sweet.

So what is all the Asset stuff about.  Would love to learn more and play with it.

Thanks, the INCOME asset is again generating profit, after the last dividend payout we have been a bit low, as the casino lost a bit of money, but now we broke even and back in profit again.



The new daily ROI based on the last data is: +0.2014089368% ROI/day

I only look at the data since July now, since the earlier data is statistically irrelevant:



And here is the Trading portfolio:



We are still trading AMS, its the best altcoin at this moment to trade, both to buy and to sell.

[BurstIncomeAsset]

First PUMP round finished:



Bought INCOME, CHEAP, Byteent at 65-25-10 % ratios.




The BURST AE is now very vibrant and has a massive volume:

22,959,325 BURST volume in the last 30 days. Very impressive!

[Irontiga]

First PUMP round finished:

Bought INCOME, CHEAP, Byteent at 65-25-10 % ratios.

The BURST AE is now very vibrant and has a massive volume:

22,959,325 BURST volume in the last 30 days. Very impressive!

Please just stop with the pump, the ae is already heavily inflated. If anything we need an asset called DUMP... Rather try and make assets which generate real money. I think you're on an asset making high ;P ByteEnt started at 15 burst. Now it's at 50, without any real improvements. Income to, I don't think the 1 btc in satoshi dice covers the amount of shares out there at 50 burst either. Please calculate and see how much it's really worth. ByteEnt has been paying about 0.5 - 1 burst / share / month (this month it seems like it'll be closer to 0.5). Income is nowhere near this, and so should not be worth as much as byteent. At 50 burst byteent has a 4 year + roi...

Disclaimer: I had a sell order at 29 for all my income, and it was eventually filled. This doesn't mean I am not interested in INCOME, just not at current inflated prices.

[FrilledShark]

First PUMP round finished:

Bought INCOME, CHEAP, Byteent at 65-25-10 % ratios.

The BURST AE is now very vibrant and has a massive volume:

22,959,325 BURST volume in the last 30 days. Very impressive!

Please just stop with the pump, the ae is already heavily inflated. If anything we need an asset called DUMP... Rather try and make assets which generate real money. I think you're on an asset making high ;P ByteEnt started at 15 burst. Now it's at 50, without any real improvements. Income to, I don't think the 1 btc in satoshi dice covers the amount of shares out there at 50 burst either. Please calculate and see how much it's really worth. ByteEnt has been paying about 0.5 - 1 burst / share / month (this month it seems like it'll be closer to 0.5). Income is nowhere near this, and so should not be worth as much as byteent. At 50 burst byteent has a 4 year + roi...

Disclaimer: I had a sell order at 29 for all my income, and it was eventually filled. This doesn't mean I am not interested in INCOME, just not at current inflated prices.

If anyone want a proof for any of this.
Bitcoin pr. Burst: 0.00000016
Amount of Bitcoins in Income: 1.057
Amount of Income assets: 1000000
Bitcoin in Burst pr. Income: 1.057/0.00000016/1000000 = 6,60625
Don't look at this and sell all your assets. Income has a owner that want to help the community, so investing in Income, not only gives dividends, but also benefit burst (The ads, distribution of assets and so on .).

Guys, Vector will payout tomorrow!

*Btcoin pr. Burst is taken from Poloniex and depends on the marked.

Edit: There is actual 2 Bitcoins in Income, but only one is generating "income", so just 2x if you want to include every Bitcoin in Income. I understand why, and all of that, but Irontiga compared it to ByteEnt and this is the fairest way.

[Lenore]

I posted this question in another spot about HDD mining for burst.

Couldn't find this post and just did.

Anyways,

How does this asset thing work.  I am seriously interested and would like to help improve or invest in the asset side of burst.  I see it as being a good thing but I need to know more about it.

I have 5TB of plots to write yet.  Plan on building a HDD farm.  adding 5TB at a time.  writing in 1TB plots at a time.

But I need to more about the assets before I go and spend a load of money on HDDs and not getting anything in return.

Like the idea from what I know about it so far.

Let me know.

[HalFinneysBrain]

I posted this question in another spot about HDD mining for burst.

Couldn't find this post and just did.

Anyways,

How does this asset thing work.  I am seriously interested and would like to help improve or invest in the asset side of burst.  I see it as being a good thing but I need to know more about it.

I have 5TB of plots to write yet.  Plan on building a HDD farm.  adding 5TB at a time.  writing in 1TB plots at a time.

But I need to more about the assets before I go and spend a load of money on HDDs and not getting anything in return.

Like the idea from what I know about it so far.

Let me know.

You could sell stake in your mining operation by issuing an asset.  Then each month you could distribute the mined burst to shareholders of your asset.  That would be a good asset, similar to ByteEnt.


Imo the assets that we need most are those that go and make money in terms of BTC and then use it to BUY burst and pay dividends.  Because this actually increases the price of burst over time by creating buy pressure. 

So for example, maybe we should get an asset that mines bitcoins or alts that are not burst, and then converts the profits into burst and pays it as dividends!  This would create buy pressure. 

[HalFinneysBrain]

First PUMP round finished:

Bought INCOME, CHEAP, Byteent at 65-25-10 % ratios.

The BURST AE is now very vibrant and has a massive volume:

22,959,325 BURST volume in the last 30 days. Very impressive!

Please just stop with the pump, the ae is already heavily inflated. If anything we need an asset called DUMP... Rather try and make assets which generate real money. I think you're on an asset making high ;P ByteEnt started at 15 burst. Now it's at 50, without any real improvements. Income to, I don't think the 1 btc in satoshi dice covers the amount of shares out there at 50 burst either. Please calculate and see how much it's really worth. ByteEnt has been paying about 0.5 - 1 burst / share / month (this month it seems like it'll be closer to 0.5). Income is nowhere near this, and so should not be worth as much as byteent. At 50 burst byteent has a 4 year + roi...

Disclaimer: I had a sell order at 29 for all my income, and it was eventually filled. This doesn't mean I am not interested in INCOME, just not at current inflated prices.

The prices of the assets have been rising but the price of burst is near all time lows.

So an old ByteEnt share at 15 burst, but burst was 100+ satoshis, was actually MORE expensive than a current 50 burst share when burst is 16 satoshis. 


I agree with you that 1 ByteEnt should be worth more than 1 Income. I'd be buying more ByteEnt myself but there isnt much of any for sale.

[Irontiga]

I posted this question in another spot about HDD mining for burst.

Couldn't find this post and just did.

Anyways,

How does this asset thing work.  I am seriously interested and would like to help improve or invest in the asset side of burst.  I see it as being a good thing but I need to know more about it.

I have 5TB of plots to write yet.  Plan on building a HDD farm.  adding 5TB at a time.  writing in 1TB plots at a time.

But I need to more about the assets before I go and spend a load of money on HDDs and not getting anything in return.

Like the idea from what I know about it so far.

Let me know.

You could sell stake in your mining operation by issuing an asset.  Then each month you could distribute the mined burst to shareholders of your asset.  That would be a good asset, similar to ByteEnt.


Imo the assets that we need most are those that go and make money in terms of BTC and then use it to BUY burst and pay dividends.  Because this actually increases the price of burst over time by creating buy pressure. 

So for example, maybe we should get an asset that mines bitcoins or alts that are not burst, and then converts the profits into burst and pays it as dividends!  This would create buy pressure. 

Agreed, this is what bytegear did...then ltc gear bombed out :/ At this point burst mining just isn't worth the asset, it wouldn't provide enough roi.

First PUMP round finished:

Bought INCOME, CHEAP, Byteent at 65-25-10 % ratios.

The BURST AE is now very vibrant and has a massive volume:

22,959,325 BURST volume in the last 30 days. Very impressive!

Please just stop with the pump, the ae is already heavily inflated. If anything we need an asset called DUMP... Rather try and make assets which generate real money. I think you're on an asset making high ;P ByteEnt started at 15 burst. Now it's at 50, without any real improvements. Income to, I don't think the 1 btc in satoshi dice covers the amount of shares out there at 50 burst either. Please calculate and see how much it's really worth. ByteEnt has been paying about 0.5 - 1 burst / share / month (this month it seems like it'll be closer to 0.5). Income is nowhere near this, and so should not be worth as much as byteent. At 50 burst byteent has a 4 year + roi...

Disclaimer: I had a sell order at 29 for all my income, and it was eventually filled. This doesn't mean I am not interested in INCOME, just not at current inflated prices.

The prices of the assets have been rising but the price of burst is near all time lows.

So an old ByteEnt share at 15 burst, but burst was 100+ satoshis, was actually MORE expensive than a current 50 burst share when burst is 16 satoshis. 


I agree with you that 1 ByteEnt should be worth more than 1 Income. I'd be buying more ByteEnt myself but there isnt much of any for sale.

Most of ByteEnt isn't based on btc (only a tiny %, like a few k burst / month ) so when burst price drops, so does the value of mined burst / pool fee burst. I am in discussion with crowetic to sell some more byteent shares, but no promises. I'm pushing for 10% at 50, creating a 5 mill sell wall. Should keep the price down, and hopefully even cause it to drop. If not, it's a good amount of burst to invest in creating new assets (we have a few coming).

[crowetic]

My business officially made me more than my day job in November, (not including % taken into account for taxes, etc.) and things are doing nothing but growing.

I firmly believe that I will be able to offer the asset I've discussed previously that's share in my company that will also pay dividends, very soon.

My business brought in over 4,500 USD in month of November. so, even if I were to offer 5% of my business income, the payouts would be over 225 USD. Thinking of this in terms of BURST, means it would be quite a large amount.

I'm still thinking of how much and time and how to structure everything, but I should have my ideas together very soon, and give a doc explaining them.

[stacey2911]

My business officially made me more than my day job in November, (not including % taken into account for taxes, etc.) and things are doing nothing but growing.

I firmly believe that I will be able to offer the asset I've discussed previously that's share in my company that will also pay dividends, very soon.

My business brought in over 4,500 USD in month of November. so, even if I were to offer 5% of my business income, the payouts would be over 225 USD. Thinking of this in terms of BURST, means it would be quite a large amount.

I'm still thinking of how much and time and how to structure everything, but I should have my ideas together very soon, and give a doc explaining them.

That's excellent crowetic, I've been keeping an eye on your proceedings regarding creating a BURST asset for shares in your business. I am very interested in it once we get a doc explaining more.

[HalFinneysBrain]

Most of ByteEnt isn't based on btc (only a tiny %, like a few k burst / month ) so when burst price drops, so does the value of mined burst / pool fee burst. I am in discussion with crowetic to sell some more byteent shares, but no promises. I'm pushing for 10% at 50, creating a 5 mill sell wall. Should keep the price down, and hopefully even cause it to drop. If not, it's a good amount of burst to invest in creating new assets (we have a few coming).

I think you shouldnt try to kill the asset market now that its finally gotten going.  Let people be excited about burst.

Sell crowetic's new asset instead .

[ltcnim]

Statistics about known pools:
http://burst.mininghere.com/poolstatistics.php

pool.burstcoin.de
Pool balance: 13,238
Registered Miners: 102

SOLD. not works

will the person who bought it bringt it back online?

[BurstIncomeAsset]

The prices of the assets have been rising but the price of burst is near all time lows.

So an old ByteEnt share at 15 burst, but burst was 100+ satoshis, was actually MORE expensive than a current 50 burst share when burst is 16 satoshis. 


I agree with you that 1 ByteEnt should be worth more than 1 Income. I'd be buying more ByteEnt myself but there isnt much of any for sale.

Exactly, so we should move the prices even higher to account for the lost BURST value in BTC.

Please just stop with the pump, the ae is already heavily inflated. If anything we need an asset called DUMP... Rather try and make assets which generate real money. I think you're on an asset making high ;P ByteEnt started at 15 burst. Now it's at 50, without any real improvements. Income to, I don't think the 1 btc in satoshi dice covers the amount of shares out there at 50 burst either. Please calculate and see how much it's really worth. ByteEnt has been paying about 0.5 - 1 burst / share / month (this month it seems like it'll be closer to 0.5). Income is nowhere near this, and so should not be worth as much as byteent. At 50 burst byteent has a 4 year + roi...

Disclaimer: I had a sell order at 29 for all my income, and it was eventually filled. This doesn't mean I am not interested in INCOME, just not at current inflated prices.

Its not inflated at all, because the BURST price is decreasing, so it actually its worth less in price than it did at 30 satoshi BURST.

We have >2 BTC, of which about 0.7 is in longer term altcoins, about 0.3 in short term altcoins and the rest in casino investments.

If you measure INCOME's value in BTC, then it's not inflated at all.

Now:

1 INCOME = 48 BURST =(at 17 sat/BURST)  0.00000816 BTC

Before:

1 INCOME = 21 BURST =(at 48 sat/ BURST)  0.00001008 BTC


It actually lost 200 sat in price, while it has increased a lot in value from the previous fundings. So I disagree there with you, INCOME can go much higher.

We have doubled since august in value, so I think a 2000 satoshi price / INCOME is probably the fair price. So thats about a 59 BURST/ INCOME would be the current fair price.

[Irontiga]

The prices of the assets have been rising but the price of burst is near all time lows.

So an old ByteEnt share at 15 burst, but burst was 100+ satoshis, was actually MORE expensive than a current 50 burst share when burst is 16 satoshis. 


I agree with you that 1 ByteEnt should be worth more than 1 Income. I'd be buying more ByteEnt myself but there isnt much of any for sale.

Exactly, so we should move the prices even higher to account for the lost BURST value in BTC.

Please just stop with the pump, the ae is already heavily inflated. If anything we need an asset called DUMP... Rather try and make assets which generate real money. I think you're on an asset making high ;P ByteEnt started at 15 burst. Now it's at 50, without any real improvements. Income to, I don't think the 1 btc in satoshi dice covers the amount of shares out there at 50 burst either. Please calculate and see how much it's really worth. ByteEnt has been paying about 0.5 - 1 burst / share / month (this month it seems like it'll be closer to 0.5). Income is nowhere near this, and so should not be worth as much as byteent. At 50 burst byteent has a 4 year + roi...

Disclaimer: I had a sell order at 29 for all my income, and it was eventually filled. This doesn't mean I am not interested in INCOME, just not at current inflated prices.

Its not inflated at all, because the BURST price is decreasing, so it actually its worth less in price than it did at 30 satoshi BURST.

We have >2 BTC, of which about 0.7 is in longer term altcoins, about 0.3 in short term altcoins and the rest in casino investments.

If you measure INCOME's value in BTC, then it's not inflated at all.

Now:

1 INCOME = 48 BURST =(at 17 sat/BURST)  0.00000816 BTC

Before:

1 INCOME = 21 BURST =(at 48 sat/ BURST)  0.00001008 BTC


It actually lost 200 sat in price, while it has increased a lot in value from the previous fundings. So I disagree there with you, INCOME can go much higher.

We have doubled since august in value, so I think a 2000 satoshi price / INCOME is probably the fair price. So thats about a 59 BURST/ INCOME would be the current fair price.

As previously stated ByteEnt is over valued. It's earnings in burst remain the same, no matter the btc price. They're unrelated, unlike income.

Income was traded at 2 Burst, and given away etc. Look at shares issued vs. total btc you have. Don't avoid the facts. Income is over priced, and so is ByteEnt. Both may have potential, and so may naturally result in being over priced ( convenience etc. ), but they should not be overpriced to the extent which they are now. It's been an issue with the small burst ae for a while now...

And as far as letting the ae pump, no, it only results in people losing money. It decentralized so I have no control, but I encourage people to think about what they're doing.

[FrilledShark]

Vector Asset

We manange to payout 74071,27 Burst at 0,7407127 PPS.
I have also issued new assets and we are ready for a new round. Feel free to check the spread sheet anytime.
https://docs.google.com/spreadsheets/d/1e42TGRR_PK3894pJ271IQr31ISR-MpWjADvEO9VwbVg/edit