SnakeEyes - Burst Casino Asset

  • Why is new asset exchange at 4-1 and being sold at 50?


    Surely it should have been closer to 100 based on the old share price of around 400.


    My Casino assets are now worth half their value from two days ago.


    Thinking about it a little more, all of the original share holders should be receiving shares at a ratio of 10-1


    Zeus can you explain, I'm sure I'm not the only who feels like this.


    Edit:- Actually reading though this post explains a lot of the details. Burst Casino - Important Notice

  • Nice just sent in another 200 shares from BURST-WPHM-5AX7-C2FY-3AX4Z

  • Thinking about it a little more, all of the original share holders should be receiving shares at a ratio of 10-1


    Zeus can you explain, I'm sure I'm not the only who feels like this.


    Edit:- Actually reading though this post explains a lot of the details. Burst Casino - Important Notice

    although the current shares were being sold at 400 burst per share, but that was the market value, zeus sold the shares for 100 burst per share and after that he didnt have anymore to sell.the price of 400 was what was circulating wasnt the price on which zeus traded it, so it isn't Zeus's responsibility or obligation to trade it for 1;10 . It was because the asset's ROi was so good that the prices went high. I have lost a lot too in this process, but still i understand with a heavy heart. Donot worry as soon soon as th casino starts again the prices will sky rocket and we would make our money back.

  • although the current shares were being sold at 400 burst per share, but that was the market value, zeus sold the shares for 100 burst per share and after that he didnt have anymore to sell.the price of 400 was what was circulating wasnt the price on which zeus traded it, so it isn't Zeus's responsibility or obligation to trade it for 1;10 . It was because the asset's ROi was so good that the prices went high. I have lost a lot too in this process, but still i understand with a heavy heart. Donot worry as soon soon as th casino starts again the prices will sky rocket and we would make our money back

    fyi your probably going to have to explain that like 9 more times on 3 different threads :D


    it made perfect sense to me. i mean normally when an asset goes bust. they go bust and the shareholders lose everything..

    this one. we gain back all of the original value which is about half what it was a few days ago and the asset continues to live.


    now people are getting greedy and want zeus to pay out of his pocket for shares that he never sold. ouch

  • Question: WHY? What is the reason to change asset? Getting sick of all these - merge, exchange assets. Its one thing when its done due to serious reasons and another to just randomly come by informations saying "Oh you know that asset you have yea its been changed to something else".

    The beauty of getting sick of things on the internet is, we can so easily surf to another page/site, that being said, stay on topic as this is not a general discussion about feelings on generalised asset mergers, this is a specific thread created by an asset issuer for promotion of his asset.

    The rules can be found here https://www.burstnation.com/wb…scussion-community-rules/


    Breaking those results in a permaban. You now can decide how you wish to proceed.

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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