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

[BurstIncomeAsset]

Great work man, regardless. You're a true asset to BURST.


I'm excited to see what is going on right now. This is fantastic!

PS - good thing I just bought about 10 million BURST at 13 sat. What a freakin badass purchase that turned out to be. But the ones who are smart and patient already knew

Thanks.

I am working hard now to new ways to earn money for the shareholders. Currently the AMS is hold and it can go up to 1000 satoshi so we might make big profits there. Then we will have another funding coming from the NXT part, that will be invested in the casino investment.

I`m still holding the BURST if the price goes higher before funding again, I think we can reach 40-50 easily now. Then we will have enough capital to generate slow and steady income and pay dividends regularly, not just when trading is favorable.

Because yes trading is profitable, but there have been 2 weeks when there was no trading opportunity. I want something more reliable and faster cash-flow, even if it's smaller.

I just calculated the passive profit's ROI and with 3 BTC (which we will easily have) we could make 0.05 BTC/week, which is pretty stable. It's slow but its safe and steady.

[1714998712]

1714998712

[1714998712]

1714998712

[jabo38]

I have a little Burst and Qora.  Is there some instructions where I can try ACCT?

[realrover]

Hi guys,
I need your help. I didn't touch my local Burst wallet for a while. Today I have run the server 1.2.3 and opened HTML wallet with my password, but I've got a message "Welcome to your new BURST account...". And all my 1.5m coins are gone. Looks like a new wallet was generated. Where is the old one - with coins? How can I restore it? Thanks.

[haitch]

Hi guys,
I need your help. I didn't touch my local Burst wallet for a while. Today I have run the server 1.2.3 and opened HTML wallet with my password, but I've got a message "Welcome to your new BURST account...". And all my 1.5m coins are gone. Looks like a new wallet was generated. Where is the old one - with coins? How can I restore it? Thanks.

Realrover, you've typoed your pass phrase, or when copy/pasting you've added a leading or trailing space. Or possibly, your wallet has not synced up yet.

H.

[realrover]

Hi guys,
I need your help. I didn't touch my local Burst wallet for a while. Today I have run the server 1.2.3 and opened HTML wallet with my password, but I've got a message "Welcome to your new BURST account...". And all my 1.5m coins are gone. Looks like a new wallet was generated. Where is the old one - with coins? How can I restore it? Thanks.

Realrover, you've typoed your pass phrase, or when copy/pasting you've added a leading or trailing space. Or possibly, your wallet has not synced up yet.

H.

You're right. Thank you for the help!

[BurstIncomeAsset]

May i ask when next income dividends will payout?
Rumours about payout will increase the trading of said asset.  

As soon as SD will provide us a more liquid cashflow. Trading is profitable, however even now you have to sit days on the trade until you can close it.

I want a more passive and stable cashflow. We already deviated from the original plans of INCOME, but the passive profit is the core principle of it, from that I dont want to deviate.

So I don't want to put out hype, but I expect it in the next 2 weeks, if all current trading and fundraiser go as planned. We can have a really fast cashflow once the new funds arrive.

Still got some BURST, nice and revolutionary coin

I have a little Burst and Qora.  Is there some instructions where I can try ACCT?

Get more from the faucets:
https://bitcointalk.org/index.php?topic=1233458.0

Or buy from exchange:
https://poloniex.com/exchange#btc_burst

[luxe]

I have a little Burst and Qora.  Is there some instructions where I can try ACCT?

Very good question! I also want to know that!
For the QORA part there is a GUI in the Wallet, the BURST part has to be done via Transactions->Create AT?!

I saw the Press-Release:
https://drive.google.com/file/d/0B4vYMJwBtRGLLVQ0OElQRzJackE/view

And the general docs:
http://ciyam.org/at/at_atomic.html

...

The below tool has been used that simplifies the entire process.



...

Sooo, it seams the there is a tool for that ... was that released somewhere? I could not find a download.
@Vrontis, vcbs, CIYAM ... please help, were can we find that tool?!
Or is there a AT example for ACCT somewere, i was looking at http://smartcontr.actor/ but didn't find something.

[BurstIncomeAsset]

Just completed a funding round from NXT, and will do one in BURST tomorrow, we will have over 1 BTC in the SD low risk portfolio, while still waiting for the AMS trade to make us big bucks.



I`ll come with more updates tomorrow. Cheap asset is now totally free to trade, and Income will have not big capital to come closer to our fast cashflow goals.

If I calculated right, then 2-3 bitcoins are needed, while the rest of it will be moved there from Yobit trades, and the current balance there will also be withdrawn there later on.

[q327K091]

very nice bump, selling nothing  , also see network capacity increase, was super low many took an advantage

I stay with the opinion that this POC algorithm is very futuristic , also next style interface but that you have to thank NXT...

it has been awhile , checking the landscape , overall everything is still depressed (value wise) it is not worth to sell , to buy equipment and mine yes (aint just BURST That is depressed, people speculated and dumped from the top this/last year which was expected)

if you were smart you would have unloaded BTC in the recent spike and purchase alt (BURST included) at the bottom raw

funny and great thing with POC algo.. is that it consumes almost no electricity , CPU utilization super low.. I do go after ASIC based coins as well and let me tell you something thaaaaat eats electricity plus ASIC's sometimes stop and have to be rebooted.. no such a thing here

anyways enough preaching you need to make your own minds up

one more thing.. it would be good if someone from academia performed cryptological analysis on the algo here , SHA is known to be unbreakable.. and that also pushed BTC up (cryptographic strength)  maybe in the future but it requires an expert'

a! and one more thing.. like lieutenant Columbo , there are over 1000 folks mining the network as we speak across various pools, regardless of the price

[vbcs]

Hey, you can find the tool mentioned below here:

http://expirebox.com/download/4aa42809baca7a440fd502ed861ac14e.html

You should put the acct.html file under  html/ui and biginteger.js under html/ui/js/util in order to work.

If you need any further help just drop me a message.

I have a little Burst and Qora.  Is there some instructions where I can try ACCT?

Very good question! I also want to know that!
For the QORA part there is a GUI in the Wallet, the BURST part has to be done via Transactions->Create AT?!

I saw the Press-Release:
https://drive.google.com/file/d/0B4vYMJwBtRGLLVQ0OElQRzJackE/view

And the general docs:
http://ciyam.org/at/at_atomic.html

...

The below tool has been used that simplifies the entire process.



...

Sooo, it seams the there is a tool for that ... was that released somewhere? I could not find a download.
@Vrontis, vcbs, CIYAM ... please help, were can we find that tool?!
Or is there a AT example for ACCT somewere, i was looking at http://smartcontr.actor/ but didn't find something.

[bobafett]

-[ANNOUNCEMENT]- Want your own Burstcoin Pool?
Complete Pool Package with Installationservice for sale

Do you want to run your own Burstcoin Pool?

No Problem. As previous owner of burstcoin.de Pool, i offer you here a complete solution. You just need a running windows machine, a url or a public ip, access to the router to forward some ports and thats it.

What you get from me:

1. A complete preconfigured burstcoin wallet for the pool
2. A complete preconfigured poolsoftware
3. I will also setup all for you. I need just Remoteaccess
4. A complete manuel for your own changes
5. A complete Design, that you can change, if you want
6. A short description for the values, you can change, of you want, fee, rounds, payoutlimits, pool burst account, ...

All for 1 Btc.

If you are interested, just pn me.

Regards
boba

[luxe]

Hey, you can find the tool mentioned below here:

http://expirebox.com/download/4aa42809baca7a440fd502ed861ac14e.html

You should put the acct.html file under  html/ui and biginteger.js under html/ui/js/util in order to work.

If you need any further help just drop me a message.

...

Awesome ... Thank you, sir!

[BurstIncomeAsset]

-[ANNOUNCEMENT]- Want your own Burstcoin Pool?
Complete Pool Package with Installationservice for sale

Do you want to run your own Burstcoin Pool?

No Problem. As previous owner of burstcoin.de Pool, i offer you here a complete solution. You just need a running windows machine, a url or a public ip, access to the router to forward some ports and thats it.

What you get from me:

1. A complete preconfigured burstcoin wallet for the pool
2. A complete preconfigured poolsoftware
3. I will also setup all for you. I need just Remoteaccess
4. A complete manuel for your own changes
5. A complete Design, that you can change, if you want
6. A short description for the values, you can change, of you want, fee, rounds, payoutlimits, pool burst account, ...

All for 1 Btc.

If you are interested, just pn me.

Regards
boba

Try setting up a shop:

https://www.cointoli.com/

or

https://www.btcdlc.com/

It will be easier to sell if you can add pictures there and a description, and you only need to point them to the link.

[BurstIncomeAsset]

Completed 2nd funding:



We had never such high share % of 0.24%, the maximum we had was 0.023824766% back in the past, and back then the bankroll size was less than 4000 BTC. Looks like with the new slotmachine feature, more investors are eager to invest there. So let's maintain our new 0.24% even if more people start investing in it.

Now we will earn more now, but in terms of ROI % it is the same. Irontiga will help me calculate the ROI, and I will reward him for doing so.
Then I`ll post the exact statistics probably tomorrow so that we can see how we stand and how we will generate more money in the future.

On the trading front we are still holding AMS trade is standing still for a few days. This is what I didnt like about it, with a low earning but stable profit method its easier to make money, however the trade will make more money later on. Don't worry about it, it is a very good altcoin it will go up in price pretty soon.

The recalculated ratios are:
18.34 NXT
81.66% BURST

[omskbear]

BurstDevTeam, where are you?    What news? 

[stacey2911]

burst.ninja is down 

[omskbear]

No, its ok.

[crowetic]

This could be BURST...

https://bitcoinmagazine.com/articles/microsoft-launches-ethereum-blockchain-as-a-service-ebaas-at-devcon-boosts-ethereum-1447277647?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BitcoinMagazine+%28Bitcoin+Magazine%29


All they're doing is using Smart Contracts. Theirs aren't even as proven as BURSTs are...


We can also offer quite a bit in the way of using our Asset Exchange to assist companies in various services.

There is obviously quite a bit here we can make use of. I am thinking of things to be able to take advantage of these offering to companies.


I'm a very busy person right now.

[yellowduck2]

This could be BURST...

https://bitcoinmagazine.com/articles/microsoft-launches-ethereum-blockchain-as-a-service-ebaas-at-devcon-boosts-ethereum-1447277647?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BitcoinMagazine+%28Bitcoin+Magazine%29


All they're doing is using Smart Contracts. Theirs aren't even as proven as BURSTs are...


We can also offer quite a bit in the way of using our Asset Exchange to assist companies in various services.

There is obviously quite a bit here we can make use of. I am thinking of things to be able to take advantage of these offering to companies.


I'm a very busy person right now.

Burst getting famous overnight is on my wishlist

[BurstIncomeAsset]

Alright with the help of Irontiga , I have finally measured the ROI of the casino investment. I thank him very much and I will reward him with INCOME assets.

I have ditched the % measuring since it's not accurate and not stackable, so I`m using logarithmic returns or log returns is short.

Then I also did a noise reduction since we have big spike returns in the historic data, I`m not sure if thats some jackpot winning or very unusual and distorts the data as it happens very rarely.

Thus the daily normalized log median return is: +0.003355761

This is how much return the investment generates every single day.






How to calculate PROFIT from this number?

You take this number, from now on codenamed "R" and insert it in the following equation:

PROFIT = [ CAPITAL * EXP( R ) ^ NR_OF_DAYS ] - CAPITAL

where EXP() is the 'e' constant raised to the R-th power.


Example:

We want to calculate the PROFIT of 1 day investment of 1 BTC

PROFIT =  1 * EXP ( 0.003355761 ) ^ 1 -1 = 0.003361398 BTC

We want to calculate the PROFIT of 100 day investment of 5 BTC(my estimate of what we will have from trading)

PROFIT =  5 * EXP ( 0.003355761 ) ^ 100 - 5 = 1.993729763 BTC

and so on....