Asset - Burst Casino

  • aa quote from @TXHardWorker explains things quite perfect. in why the asset is now valued at 50.


    Quote

    You're a business, and you go IPO. BurstMart. BurstMart sells 100 shares for 100 dollars, and receives $10,000 in income and has that as retained earnings.... Over the course of a couple of years, they make income and distribute profits that equal out to another $10,000 total, or an additional $100 per share. So the business now has $20,000 dollars....



    During this time, because BurstMart is so great, the public trading of it's stock has gone up and down, but is currently at $400. $400 has NO relation to the business currently, because they already sold those shares and got money for them.



    Suddenly, a crisis comes along, and it is decided to do away with the current stock, and reissue NEW stock at the current value of the COMPANY, not the stock.... what is the company worth??? The company is worth $20,000. NOT $40,000. SO, to re-issue any number of shares it has to be equal to $20,000. Either 100 @ $200, or 200 @ $100, or 400 @ $50, etc....


    obviously the amount had to increase from 1 million assets to fund another bankroll to get the casino started again.


    the asset issuer wont necessarily flood the market with them causing them to lose value. and will obviously do releases in chunks to build the bank roll. having 10 million makes it so if the bank does go bust again theirs enough shares left to rebuild and add to it.


    however at the end of the day the casino has never really sold any of their assets at the value of 400 burst per share. and was only ever 100-200 burst per share.


    ugh..... its to early for me to do this stuffs

  • Im trying to login to casino in order to withdraw my funds but it doesnt accept my 2F auth..

    how i can withdraw my funds ? ty

    Casino is down for a revamp of the site and asset distribution.

    Burst Casino - Important Notice


    SnakeEyes - Burst Casino Asset

    Hey Superfriends!

    BOOM! Boom...and all that!

    It's ok, it's ok. Just let it happen, let it happen


    BURST: BURST-4Y3X-QET8-SKX6-BQDVG


    If you ask me for any type of free Burstcoins via tips, rain, assets, in public or in private, I will BAN you w/o warning.

    94-1485353559194-soldier-png

  • Hi all,

    sorry i've been away for about a week and not been updating myself but is burst casino gone? is it coming back at all?

  • Hi all,

    sorry i've been away for about a week and not been updating myself but is burst casino gone? is it coming back at all?

    It will be back this May... No Worries :)

  • Hi all,

    sorry i've been away for about a week and not been updating myself but is burst casino gone? is it coming back at all?

    They are restructuring and coming back online. Had some issues they had to work out. If you had the old asset you can trade it in for the new asset.

    Burst Wallet BURST-8D39-AZWT-2AMF-B678P

    Larfleeze-Vol-1-Banner.png

    "What's mine is mine and mine and mine.And mine and mine and mine!Not yours!" ~Orange Lantern Oath

  • thanks

    They are restructuring and coming back online. Had some issues they had to work out. If you had the old asset you can trade it in for the new asset.

    Thanks for that, but will i have to trade or is it going to happen automatically the asset exchange from the old assett to the new asset?

  • thanks

    Thanks for that, but will i have to trade or is it going to happen automatically the asset exchange from the old assett to the new asset?

    You send your old shares to the new assets wallet. Then the new asset will send you new shares of the new asset.

    Burst Wallet BURST-8D39-AZWT-2AMF-B678P

    Larfleeze-Vol-1-Banner.png

    "What's mine is mine and mine and mine.And mine and mine and mine!Not yours!" ~Orange Lantern Oath

OFFICIAL BURSTCOIN TROLLBOX - LISTEN TO BURST NATION RADIO TO WIN BURST COINS!

Shoutbox

  • Paphi

    Well that's nice and all but that is not really the point I'm talking about...

  • bootmeup

    working for yourself is better if you do that...but longer hours

  • Paphi

    The problem is, I want to get to the point where I can make a lot of money, working to the bare minimum and overall living well, Yes I do realize it sounds kind of selfish and dream like, but this is the goal I have pretty much set to myself

  • bootmeup

    thats great also

  • Rodox

    16 years, enjoy life, you have time

  • Paphi

    I can't really explain myself well on the topic, but a better way of explaining my way of thought is by reading the book "UNSCRIPTED: Life, Liberty, and the Pursuit of Entrepreneurship"

  • Paphi

    you can read it for free here, someone sent me the book a few days ago, so far it's been a great reading and thinking material https://drive.google.com/file/d/0B-Bs2ZWw_7bvNmVURHc2dGRLRUk/view

  • bootmeup

    rodex your a legionnaire?

  • bootmeup

    i think i read it before..heheh

  • Paphi

    I understand your point of view Rodox, but I can't have my time until I assure my future :/

  • Rodox

    no boot

  • Rodox

    The entry conditions are very hard to the foreign legion, the contract is 5 years without possible return, he can try if he wants

  • ZEUS GOD OF THUNDER

    there's not nearly enough information about burst out there to support this vilume

  • ZEUS GOD OF THUNDER

    *volume

  • ZEUS GOD OF THUNDER

    that's why it's going down, no roadmap, no announcements

  • bootmeup

    and waiting to get more at cheap price?

  • Rodox

    Paphi https://youtu.be/yaXdj8Bmv8I

  • Paphi

    oh i like documentary films :) will give it a watch in a few minutes

  • bootmeup

    oic rodox, did not know they let non french join..the republican guard france

  • Rodox

    Some Napoleonic legions were foreign boot

  • Rodox

    Polish and many others

  • bootmeup

    yes i know legions would

  • bootmeup

    be hard for me to stand all day like that https://en.wikipedia.org/wiki/Republican_Guard_(France)#/media/File:Republican_Guard_%C3%89lys%C3%A9e_Palace_1.JPG

  • scheven_architect

    I wonder where burst will stabilize.

  • Rodox

    haha boot

  • Rodox

    The horse has more class

  • AngerdX

    in a sea of red burst holding well

  • scheven_architect

    Why so much red atm?

  • AngerdX

    might be loads of ppl prepping for the btc fork

  • ZEUS GOD OF THUNDER

    scheven bitcoin is down a bit there's a lot of people holding

  • ZEUS GOD OF THUNDER

    waiting to see if it goes back up

  • Paphi

    Gonna go now, cya everyone

  • ZEUS GOD OF THUNDER

    some nice movement going on though

  • scheven_architect

    bye

  • AngerdX

    i know loads of ppl who are liquidating into btc for 1st agust

  • Rodox

    ciao Paphi

  • ZEUS GOD OF THUNDER

    the btc fork is going to be a bloodbath, no way am I going to be anywhere near btc around then

  • bootmeup

    later paphi

  • ZEUS GOD OF THUNDER

    might liquidate to ethereum

  • AngerdX

    if the chain splits loads want to get both heh

  • ZEUS GOD OF THUNDER

    I think marketing burst as a coin to step in for bitcoin payments during this fork shit would be a good thing to do

  • ZEUS GOD OF THUNDER

    how good is burst really for payments though, or for anything else?

  • AngerdX

    i leave that to adam, marketing not my thing heh

  • ZEUS GOD OF THUNDER

    like what edge does it have technologically?

  • AngerdX

    Zeus i don´t know that and don´t really care

  • ZEUS GOD OF THUNDER

    why don't you care?

  • ZEUS GOD OF THUNDER

    don't you want to be a smart investor?

  • ZEUS GOD OF THUNDER

    that understand their investment?

  • AngerdX

    got smarter ppl than me to do that

  • ZEUS GOD OF THUNDER

    what's with all the big sells just put up close to lowest ask

  • ZEUS GOD OF THUNDER

    like why bother

  • AngerdX

    some sell and buy constantly for smaller gains

  • bootmeup

    reloading it looks like..but i dont know...heheh

  • scheven_architect

    Sold my burst after hearing that there wasn't much in the pipeline for Burst development wise.

  • scheven_architect

    Bought back in when it start soaring.

  • ZEUS GOD OF THUNDER

    I've been holding how since 400 sats, very happy indeed

  • ZEUS GOD OF THUNDER

    made a large sell at 900, bought back in at 770

  • scheven_architect

    Bought back in at 715...

  • AngerdX

    i need to quadruple my burst on polo

  • xnoob2017

    24hr low 760

  • xnoob2017

    715 on bittrex?

  • AngerdX

    yah holding well

  • scheven_architect

    Bought on polo

  • sumit30.gupta

    Bitcoin hard fork to happen ?

  • scheven_architect

    burst coin being pushed down now by microbuy/sells

  • AngerdX

    if it happens it´ll be an softfork and we will have 2 coins

  • sumit30.gupta

    We already have bitcoin unlimited and all

  • WillyDaSkint

    "Morning Burst Nation

  • sumit30.gupta

    It was too a result of hard fork noe?

  • mike2279

    segwit x2 was going to be actived on bitcoin i think i seen a few days ago so bip148 will not happen if that does work then there will be no need for 2 coins i think

  • AngerdX

    morning willy

  • bootmeup

    gm willy

  • sumit30.gupta

    mike2279 agreed

  • AngerdX

    honestly as it comes closer it might get a bit clearer how it might turn out

  • WillyDaSkint

    my first concert was Dio ...this guy was awesome

  • rattle99

    hey willy

  • WillyDaSkint

    Hey rattle

  • rattle99

    how much do you make on a day on aberage on all.poolofd32th?

  • rattle99

    *average

  • WillyDaSkint

    well not a tot

  • WillyDaSkint

    lot

  • sumit30.gupta

    If there are two coins , those holding bitcoin will have another one as some reward?

  • rattle99

    i just need an idea, just started mining there

  • rattle99

    wily? any approximation?

  • WillyDaSkint

    81 burst the other day and a 3 burst bonus today

  • rattle99

    lol...extreme diff

  • WillyDaSkint

    ive only been at that pool for a few days

  • rattle99

    i see

  • rattle99

    guys, did you see that pajeet guy?

  • Ivo Indjev

    can someone help me out

  • WillyDaSkint

    at burstneaon 1 averaged 16 a day

  • rattle99

    same, me too

  • Ivo Indjev

    my xplotter is lagging out to not responding after i set up my stuff to start plotting

  • Ivo Indjev

    any idea why ?

  • rattle99

    but, there was some problem there had to move out

  • xnoob2017

    try using 1 less thread Ivo

  • Ivo Indjev

    will try

  • Ivo Indjev

    what number of threads is recommended?

  • rattle99

    1 less than your total should be fine

  • Ivo Indjev

    well it was 1