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Author Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000  (Read 2170605 times)
FrilledShark
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November 29, 2015, 10:55:41 AM
Last edit: November 29, 2015, 11:09:13 AM by FrilledShark
 #23821

EDIT:--all the quotes--

If you want to increase the AE volume you should buy assets or invest in assets that have a goal of increasing the volume. The only thing not to do, is taking assets out of the market. This way you decrease the market volume from the next day and on.
If you really want to promote burst, you could make a donation fund for a new dev, make guides for burst or help new people get introduced.
 
This month the 4 most traded asset are, Income, cheap, ByteEnt and Vector. They are the asset that help burst, they create a marked for trading. If you take just 1 asset out of the loop, you could see a decrease of 49 to 28 burst each month. This may be a little number, but it could get very big fast. This is also a extreme case, but that just how the world works.

You didn't answer why you get 10% of the issued assets, like Irontiga i would also like to know.

Not very active. Please use PM or email to get a reply from me.
High value lender – Within 24 hours, I can fund your 10 BTC loan. Give me 48 hours and 20 BTC will be ready.
BurstIncomeAsset
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November 29, 2015, 11:09:06 AM
Last edit: November 29, 2015, 11:20:33 AM by BurstIncomeAsset
 #23822


You didn't answer why you should have 10% of the issued assets, like Irontiga i would also like to know.

Its the management fee, all asset managers I saw hold at least 10% of the assets themselves.

This means that I profit together with the community, and gives me an incentive to work hard so that all of us can profit.



Burning assets doesnt decrease the volume, because the volume is measured in BURST, it increases the price, therefore it actually increases the volume Smiley
BurstIncomeAsset
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November 29, 2015, 12:03:51 PM
 #23823

Burst is really starting to evolve now, the price itself is also going up: it's now back at 22 satoshi.

Also we have a vibrant asset exchange, so people are now more motivated to invest in BURST.

We need now a marketing team and a dev and we can hit all time highs after. Any suggestions how to get a dev?
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November 29, 2015, 02:08:14 PM
 #23824

Thanks for the reply guys.

I did however switch to Burst.poolto.be.

And I have to say that either I have better luck there or I like the pool better over Ninja.

But I have doubled my coins in 12 hours.

took 2 days to get my first 216 coins on ninja.

I now have 403 coins.   big difference in 12 hours actually it was 10 hours now that I think of it.  Because I switched around 11pm last night and its now 9am today.

so just about 10 hours and I almost doubled my coins without another payment from ninja.

So far Burst.poolto.be has paid off better for me.

just figured id share.

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November 29, 2015, 05:14:42 PM
 #23825

Income asset is now the widest held asset in BURST, we have 528 shareholders:

Code:
BURST-UW5A-BD57-N5PY-6AASR	315 394
BURST-ACGB-YGHQ-G9ZL-5XD7U 115 402
BURST-EEWX-K3D3-ZWNM-3SDPX 90 722
BURST-KTTD-6GE6-6BK9-B8ABB 70 000
BURST-LSVR-MRK6-9NFB-9CQ5Y 35 000
BURST-XC7A-FM25-3TK9-CNPGC 32 001
BURST-3XNU-XANK-L3LA-6RJRR 31 262
BURST-79PK-DGC2-M4XP-HUAVB 30 393
BURST-XCJ9-Z5H2-MVKM-HA8EP 29 739
BURST-YSFT-M5W8-E4Z7-D7UDQ 27 891
BURST-TEJ6-NNAH-VC8L-8HZBR 26 245
BURST-SARW-AZYD-WB2R-8S2NS 23 359
BURST-6CTC-EFAD-5F5U-8BFDC 20 575
BURST-YNDY-7542-JUGK-CBBSJ 16 326
BURST-Q8CQ-RRKW-BDQN-BBJYP 15 000
BURST-7FBA-ZY89-QBJP-7RQ2P 15 000
BURST-CLS5-BSSG-K78Q-5WF97 12 475
BURST-SANZ-WDBE-TM79-2N3DP 11 686
BURST-UADJ-9AFK-Q62J-5YV2K 10 001
BURST-QHCJ-9HB5-PTGC-5Q8J9 10 000
BURST-4FWQ-85G6-EHQQ-6T27Z 9 533
BURST-2TSC-XWG7-YM2U-GZ873 3 421
BURST-FP7D-C3M6-PUV9-3ZLTH 3 125
BURST-M9DA-TWR5-RAQR-E239P 3 000
BURST-8XJE-8WYY-U4ZT-9NPMA 2 709
BURST-G5EG-7MQ2-QJJ9-7VRCG 2 517
BURST-HWPA-YC4X-3QUZ-BBY99 2 500
BURST-54J2-DUDF-EUQU-4ZZRQ 2 034
BURST-YZJ6-LYBY-WAC6-BQYGC 1 531
BURST-QDDF-MZ2E-BPUW-DLT6L 1 507
BURST-2DEM-EBGV-GVCS-HNK6U 1 500
BURST-X2LG-EB5R-JWTE-8D8ZA 1 500
BURST-YMMH-ZSVJ-VDJF-H25VF 1 062
BURST-NHS7-2UMM-EE4S-DBYZF 1 020
BURST-3BT5-6RGK-3TQL-GUAJ9 1 018
BURST-Y7D8-PERN-3EN7-8T5AH 1 006
BURST-LSQV-BM94-VRFZ-48EUN 1 001
BURST-58XP-63WY-XSVQ-ASG9A 1 000
BURST-HHQG-E8CH-VRNL-AY72B 1 000
BURST-FVDC-XRNC-YD8Y-AT6PQ 1 000
BURST-XKU9-R5PG-SRTM-C5DB9 1 000
BURST-V6XS-CRY8-RZYC-FRATK 1 000
BURST-SLHG-PCZ5-3S5N-G7LGL 1 000
BURST-6BQZ-PUZA-Z4K5-H5VFL 1 000
BURST-9SPU-XSHK-B238-5LRKM 1 000
BURST-J5XR-PN4N-574E-95WY2 657
BURST-NQBV-73HL-A4UY-2ADG3 626
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BURST-6XGR-FRF3-E7XQ-9FCBK 1
BURST-KZ6Q-7UR8-KQQP-94LEK 1
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I`ve spent all night doing a promotion for INCOME, sent 1 INCOME to the BURST "Elite", the first 400-500 largest shareholders... manually.... It was a hell of a work.

This was done in order to raise awareness to INCOME, and to the AE in general. I see that we have many BURST users, some dormant, but some just miners who don't invest much.

I believe the AE will bring in more capital to BURST, and we need to use the capital by investing it, not just storing it on addresses.

Burst is a 77,000$ market, and 90% of that money is not used. It's a waste, and I believe we need to get people to realize that BURST has a vibrant economy.

My goal is to shake up the Asset Exchange, and this will move BURST forward!


Now I`ve been working very hard all night to do this, I`m determined and confident that BURST has a future, but only if you guys believe the same way.

AhmedAshraf
Sr. Member
****
Offline Offline

Activity: 357
Merit: 251


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November 29, 2015, 05:21:26 PM
 #23826

Income asset is now the widest held asset in BURST, we have 528 shareholders:

Code:
BURST-UW5A-BD57-N5PY-6AASR	315 394
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BURST-KVTM-H5MW-FKU3-87TKR 1
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BURST-WE6D-BA9L-MBZ8-9ZZM2 1
BURST-7E89-3YR4-Y995-9YYT2 1
BURST-XMTJ-5CC3-8C8N-9PP64 1
BURST-5KUK-GA3B-3UF4-9FMK4 1
BURST-4TRC-4UZU-SV5L-9C946 1
BURST-9RU5-7FR6-NH95-9XTP6 1
BURST-QV7B-C4LU-4ZH7-9PWS6 1
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BURST-T8R2-LAC3-5CZB-9PKAB 1
BURST-VJMD-5FHN-C3UM-9QTJC 1
BURST-URGF-8W77-JZ2G-9LJJE 1
BURST-SLTW-ZUXJ-4GWP-94TXF 1
BURST-N7V4-AJAB-CCT5-9F25G 1
BURST-L3FY-E7GJ-ADKF-9NAEG 1
BURST-3BKN-XEQ8-THNR-9XMQG 1
BURST-2JP3-ZBF2-HC22-9JUXG 1
BURST-2XQT-AZNE-W5EE-94FAH 1
BURST-6XGR-FRF3-E7XQ-9FCBK 1
BURST-KZ6Q-7UR8-KQQP-94LEK 1
BURST-SVBE-QAN7-CETN-9G6LL 1
BURST-L2V2-AXNC-VW9G-9XBWM 1
BURST-C7VK-5TDJ-9GS2-9SFRN 1
BURST-XDRH-T97P-U7UG-94HWN 1
BURST-8HYP-WN7B-4XAN-9N8ZN 1
BURST-JVZ9-UJ7X-8G35-967MP 1
BURST-2RFD-8SRM-DL3X-9LKFQ 1
BURST-EZEE-25NA-K92W-9FWUS 1
BURST-HXJK-TK7F-FL2N-9ND5U 1
BURST-T6VM-TXKN-N9AN-95XUU 1
BURST-WDFU-3GQF-U8V2-9KYWV 1
BURST-WWXM-GUAC-QQSS-9V6WX 1

I`ve spent all night doing a promotion for INCOME, sent 1 INCOME to the BURST "Elite", the first 400-500 largest shareholders... manually.... It was a hell of a work.

This was done in order to raise awareness to INCOME, and to the AE in general. I see that we have many BURST users, some dormant, but some just miners who don't invest much.

I believe the AE will bring in more capital to BURST, and we need to use the capital by investing it, not just storing it on addresses.

Burst is a 77,000$ market, and 90% of that money is not used. It's a waste, and I believe we need to get people to realize that BURST has a vibrant economy.

My goal is to shake up the Asset Exchange, and this will move BURST forward!


Now I`ve been working very hard all night to do this, I`m determined and confident that BURST has a future, but only if you guys believe the same way.


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

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
Lenore
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November 29, 2015, 09:39:15 PM
 #23827

Income asset is now the widest held asset in BURST, we have 528 shareholders:

Code:
BURST-UW5A-BD57-N5PY-6AASR	315 394
BURST-ACGB-YGHQ-G9ZL-5XD7U 115 402
BURST-EEWX-K3D3-ZWNM-3SDPX 90 722
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BURST-LSVR-MRK6-9NFB-9CQ5Y 35 000
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BURST-3XNU-XANK-L3LA-6RJRR 31 262
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BURST-YDNY-4B25-PST2-34UZK 1
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BURST-5QD4-HAXT-CKNK-4R5BP 1
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BURST-VF3T-3HNA-VMPX-4YPET 1
BURST-H44J-QSGD-RWHP-4ETYU 1
BURST-GREA-3NMA-EP6D-4UMJW 1
BURST-MAVX-2PKF-8RAE-46BJY 1
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BURST-8NW7-HGXZ-QHVK-5K4N2 1
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BURST-GWTA-TKGU-QZG4-5PPQ6 1
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BURST-Y5UQ-8XHA-ADTK-53GJB 1
BURST-CTFP-7KUE-YW56-554XF 1
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BURST-FUYK-3W9E-VUK7-64VRA 1
BURST-U9DS-42NW-642S-6DUQB 1
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BURST-LSG6-7XLX-RRDF-6JGDD 1
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BURST-PEP7-BMPY-QGXA-6H96E 1
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BURST-FDUK-NG2J-5LFN-6EP8H 1
BURST-57LZ-UJMM-LBUJ-6QDAH 1
BURST-GESS-98Q7-TP7C-63DLJ 1
BURST-ZN8J-RRYR-DQG8-6V4DP 1
BURST-LXVJ-7VNR-GTXU-6RJHQ 1
BURST-6TAY-7TX6-ZDH5-6E44U 1
BURST-E7JY-XFGB-9VA2-6A6AX 1
BURST-DWX7-SBHH-9NNP-6F6BX 1
BURST-FLGD-2KP4-X38S-6KSFY 1
BURST-MLJ6-ZTK4-75ZD-6DCGY 1
BURST-M3TA-89PX-5PKB-6JWDZ 1
BURST-RTHU-27U7-GSVN-7VEA3 1
BURST-R8SQ-TUEM-DTHQ-7ATA3 1
BURST-RUZL-B47J-8RN5-7C354 1
BURST-WDK8-EYW8-NHMQ-77777 1
BURST-TTED-MDS7-LHGL-7KE59 1
BURST-2HN2-3XVV-QVUX-7G869 1
BURST-NBH8-3MJ3-Y37C-7N6T9 1
BURST-DP2S-876L-VSS2-7DJ3A 1
BURST-VGQA-97JM-YU7N-7S29B 1
BURST-GNMK-DHFG-NES7-73HLB 1
BURST-RN8P-SDAG-LG3N-7YH2C 1
BURST-FY8S-7HPU-59UG-7UQ6C 1
BURST-WEJK-556L-8G9H-7HZND 1
BURST-DZVZ-3XHR-2AUA-7UYTD 1
BURST-XNS5-62HN-J3UY-79THE 1
BURST-W945-7PTT-T4FD-732VF 1
BURST-ZYTF-9G82-R8MJ-73JHG 1
BURST-6KF9-QNWK-R4BC-7NVAJ 1
BURST-JWXL-42HN-M2VF-7CBHL 1
BURST-YR96-5M9V-98RU-7PT6Q 1
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BURST-KEAP-BK5W-35UG-7G9VQ 1
BURST-SCZV-66EH-TG8B-7JWEV 1
BURST-HBXH-QAS7-S8CR-79QWY 1
BURST-SZR2-PYR3-HT69-7K7GZ 1
BURST-FNZQ-EY6A-KWA5-8UE92 1
BURST-W8DP-PV6C-6DS7-83GP4 1
BURST-UYR8-CVFT-R9TN-832V4 1
BURST-H4S3-W2QJ-MZWL-8N985 1
BURST-V5KU-CRX3-KNVV-8ZEA6 1
BURST-45U2-JYWF-JG8U-8AQ89 1
BURST-EWXH-TL9X-GZE6-8YUY9 1
BURST-9ZSL-KFAE-EBGS-8ER9B 1
BURST-B2RQ-NUCR-7TQU-8ZCEF 1
BURST-44TR-NMQT-AN95-8T44J 1
BURST-XZB4-4MQB-AV7P-8DEMJ 1
BURST-ENPP-2BLP-24LZ-8EMPK 1
BURST-5YUM-VUVU-9EYX-8LCKL 1
BURST-T4AJ-CNVH-SSG9-8RSVL 1
BURST-DJN8-JUH8-VJNV-8Q9LM 1
BURST-AVXG-T4KH-N6W6-8DSTM 1
BURST-UQA2-GL69-69W8-8FTGN 1
BURST-HTRE-SRAG-KC84-8NLXP 1
BURST-EHY5-GRJU-6L6P-8C6FQ 1
BURST-KVTM-H5MW-FKU3-87TKR 1
BURST-YVZQ-LJVQ-98YZ-8X2CU 1
BURST-SKT3-BN4L-SKKQ-8TCBV 1
BURST-8KGD-7LTW-AT9Y-883LW 1
BURST-QBR7-59SG-QWVR-8AVPW 1
BURST-WE6D-BA9L-MBZ8-9ZZM2 1
BURST-7E89-3YR4-Y995-9YYT2 1
BURST-XMTJ-5CC3-8C8N-9PP64 1
BURST-5KUK-GA3B-3UF4-9FMK4 1
BURST-4TRC-4UZU-SV5L-9C946 1
BURST-9RU5-7FR6-NH95-9XTP6 1
BURST-QV7B-C4LU-4ZH7-9PWS6 1
BURST-JNFZ-XPZK-3PRM-9QXP7 1
BURST-GSL8-7B5S-WXTK-9F6ZA 1
BURST-T8R2-LAC3-5CZB-9PKAB 1
BURST-VJMD-5FHN-C3UM-9QTJC 1
BURST-URGF-8W77-JZ2G-9LJJE 1
BURST-SLTW-ZUXJ-4GWP-94TXF 1
BURST-N7V4-AJAB-CCT5-9F25G 1
BURST-L3FY-E7GJ-ADKF-9NAEG 1
BURST-3BKN-XEQ8-THNR-9XMQG 1
BURST-2JP3-ZBF2-HC22-9JUXG 1
BURST-2XQT-AZNE-W5EE-94FAH 1
BURST-6XGR-FRF3-E7XQ-9FCBK 1
BURST-KZ6Q-7UR8-KQQP-94LEK 1
BURST-SVBE-QAN7-CETN-9G6LL 1
BURST-L2V2-AXNC-VW9G-9XBWM 1
BURST-C7VK-5TDJ-9GS2-9SFRN 1
BURST-XDRH-T97P-U7UG-94HWN 1
BURST-8HYP-WN7B-4XAN-9N8ZN 1
BURST-JVZ9-UJ7X-8G35-967MP 1
BURST-2RFD-8SRM-DL3X-9LKFQ 1
BURST-EZEE-25NA-K92W-9FWUS 1
BURST-HXJK-TK7F-FL2N-9ND5U 1
BURST-T6VM-TXKN-N9AN-95XUU 1
BURST-WDFU-3GQF-U8V2-9KYWV 1
BURST-WWXM-GUAC-QQSS-9V6WX 1

I`ve spent all night doing a promotion for INCOME, sent 1 INCOME to the BURST "Elite", the first 400-500 largest shareholders... manually.... It was a hell of a work.

This was done in order to raise awareness to INCOME, and to the AE in general. I see that we have many BURST users, some dormant, but some just miners who don't invest much.

I believe the AE will bring in more capital to BURST, and we need to use the capital by investing it, not just storing it on addresses.

Burst is a 77,000$ market, and 90% of that money is not used. It's a waste, and I believe we need to get people to realize that BURST has a vibrant economy.

My goal is to shake up the Asset Exchange, and this will move BURST forward!


Now I`ve been working very hard all night to do this, I`m determined and confident that BURST has a future, but only if you guys believe the same way.



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.

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November 29, 2015, 10:19:28 PM
 #23828


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.
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November 29, 2015, 10:46:39 PM
 #23829

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

Hope price will go back to 12 satoshi again Wink
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November 30, 2015, 12:11:38 AM
 #23830


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.

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November 30, 2015, 12:20:45 AM
 #23831


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. 
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November 30, 2015, 11:32:47 AM
 #23832

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

BURST, your C:\urrency
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November 30, 2015, 02:48:02 PM
Last edit: November 30, 2015, 02:59:53 PM by BurstIncomeAsset
 #23833

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.
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November 30, 2015, 03:23:15 PM
 #23834

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!

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November 30, 2015, 09:06:41 PM
Last edit: November 30, 2015, 09:27:03 PM by Irontiga
 #23835

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.
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November 30, 2015, 09:58:28 PM
Last edit: November 30, 2015, 10:10:32 PM by FrilledShark
 #23836

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 Wink.).

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.

Not very active. Please use PM or email to get a reply from me.
High value lender – Within 24 hours, I can fund your 10 BTC loan. Give me 48 hours and 20 BTC will be ready.
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December 01, 2015, 01:10:01 AM
 #23837

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.

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December 01, 2015, 01:21:30 AM
 #23838

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. 
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December 01, 2015, 01:23:59 AM
 #23839

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. Tongue
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December 01, 2015, 01:46:51 AM
 #23840

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. Tongue

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).
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