Topic: [ANN] -NEW BURST OP- MINE ANY FREE SPACE-(HDD MINING)- ATs, AE, P2P MARKET+MORE! - page 146. (Read 346529 times)

burst.ninja is a great pool. You're not going to get rich on 2TB, but you'll earn more there than on the other pools.

H.

just trying to find a big pool. only working with 2tb

http://burst.ninja

Why ?

H.

Whose pool is 7CPJ-BW8N-U4XF-CWW3U?

Maybe I'm missing the point of this asset - but what is the point? The successful assets pay out a dividend based on some sort of revenue stream. Yours, it seems, pays no dividend, but is based on the expected rise of Eth in the exchange. Why should I buy your asset that has a 2% commission charge for converting to Eth, when I can just go to Poloniex, sell my Burst and buy Eth with a 0.2% commission ? How does buying your asset to gamble on Eth value make more sense than just buying Eth ?

(Having just lost 3.5M Burst to what looks like it was a scam asset has made me a little more cynical than I used to be)

H.

No, all the assets sold will be backed by real Ethereum that I will buy on Poloniex (via API later on that i`m working on right now) . And the unsold ones doesnt matter, I just created the same amount of asset as there are ethereum available to match the supply to it's supply. Therefore the price is matched as well, currently 92k burst for 1 ETH, and I will adjust it every day, and execute the trades daily to fund the cold storage ETH wallet.




I`m working right now on setting up a website for it and an automatic gateway, but I dont appreciate your unfounded cynicism, if there is no demand for my services here, no problem I will host in on NXT.

But please be patient, all things are being worked on right now, and my schedule is full so I can only reply 1-2 times/day currently. Thank you for your understanding!

Yea, I'm aware of the blockex down-ness. I'm speaking with tiga to get the necessary tools to bring it back up, however, he's out of town at the moment, and away from a net connection. So it's a bit difficult to get said information. I'm working on it though, and we'll go as quickly as possible here.

I'm still promoting the idea of either getting the blockex up on haitch's servers, or having another copy of the blockex setup. But yea, we're aware of it, and working on it.

I'm also aware of the issues on the main BURST website as well, but since things are so busy, and I'm only one person, it'll be finished when we get a chance.

Nope, I have the *.burst-team.us servers, burstcoin.info is 'Tiga's I believe.

Looks like your analysis of Income was right on the money then

H.

Two things or three things. First, your category of assets is wrong. You are selling a crypto token you don't own. You are selling 77 516 000 ETH, correct me if I'm wrong, are that all ETH to ever be created? If so, you are in reality selling the whole market cap of ETH. Nice try, unless you can prove you have 77 516 000 ETH, if you can't, bad luck. Next thing, it's not possible to buy 0.1 of the asset, you need to buy minimum 10$ worth of an asset, backed by your 10$. "Yeah, it's beca..", No plz! You can't sell something you don't own. Try to ask anyone, they would agree with me. Ask how ByteEMini works, that's a real asset with the same idea (ByteEnt instead of ETH).

I know you might have good intentions with this, no actually I don't! Your asset's account is funded by a faucet, and the asset is funded by a exchange (aka Bittrex), you have no personal address. This makes me wonder, do you even care about burst? Your person information is not the strongest, you can take that one with Crowetic and Haitch. They are a trusted and a big part of the community, they are the ones investing in projects. If I see any red light, I'm out.

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Haitch owns block.burstcoin.info right? It doesn't work  .
Also, Income should have seen my post. He has been online again. No posts, just online. https://bitcointalksearch.org/user/burstincomeasset-552577.

I`ve adjusted the price of BurstEther:

ETH/BTC Ask:  0.02840071

BURST/BTC Bid: 0.00000031

===================

BurstEther/Burst = 91615.19354838 ~ 92000

Indeed, my name is Bruce , I`m from a small scottish village from northeast. I`ve joined bitcoin in 2014 when it was in a downtrend, and even though I bought some at a higher price, I held on to it until 2015, when my next new love became asset and crypto tokens.

I`ve been trading assets on NXT, but the market there has just become a bear market and it's very hard to make money there.

Then after Ethereum came out, it became my next new love, because it has so much potential in it that I cant even explain it here. I`ve been trading altcoins on Poloniex for the past 1.5 year and I even have an altcoin portfolio setup that can be invested in, but I rather keep it private for now.

I am currently putting my maximum focus on Ethereum, and all of my other projects are on halt, so that is how this idea got born. Connecting BURST with ETH.



Why I choose BURST? Well, it's similar to NXT, and it has a  vibrant community, and as I ready up upon it, you guys had very big breakthroughs in the past weeks. New wallets, active development. I think the BURST community is very well managed, so I would really like to be a part of this.


Thanks. No the asset volume and price is exactly how it should be. There are 77.5 million ETHER out there, and it's price yesterday was 72000 BURST.

I will update the price for today, but other than that it's correct.


When you buy 1 BurstETHER, you are buying 1 ETHER, which I`m going to buy on Poloniex and transfer it to the cold storage from where it can be redeemed, so I need to have 1:1 peg between the asset and Ether so that I can buy it on Poloniex.


Even if the supply is greater than that of BURST, it doesnt matter ,I dont think we will buy up even 1% of the ETH supply so it's not an issue, so it's just for accuracy.

Since there wasn't any Ethereum representation in Burst, I`ve created BurstETHER, which will represent Ethereum on the Burst blockchain. BurstETHER is a gateway asset between Ethereum and Burst, and it's backed 1:1 by Ethereum. All Bursts collected from selling BurstETHER will be used to purchase real Ethereum to maintain the backing. The sale price of BurstETHER will be pegged to Ethereum's real price and adjusted frequently to match it (since bitcoin is the middleman between Burst and Ethereum, the price may not always be perfectly accurate).

The BurstETHER tokens can be redeemed for real Ethereum as well, by contacting me, or by an automatic gateway system that I`m in the process of setting up now, which will let you convert BurstETHER directly into Ethereum. There will be a 2% comission charged on every Ethereum sale that will be my profit.

ROADMAP:

PHASE 1: Starting to sell BurstETHER and converting it into Ethereum which will be held in a cold storage

PHASE 2: Setting up an automatic gateway/exchange address system between BurstETHER and Ethereum, so that investors can exchange them between eachother

PHASE 3: Setting up a website with nice visual interface so that the process can become user-friendly, but anonymous and without the need to register

PHASE 4: Using Ethereum's smart contract system to link more assets from Burst into Ethereum, and test the limits of Etherum by which it can be used to help Burst

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INFO:

Explorer: https://block.burstcoin.info/as.php?as=11264310177310820265
Name: BurstETHER
Asset ID: 11264310177310820265
Quantity: 77,516,000
Type: Commodity, representing Ethereum
Fees: 2% comission on buying Ethereum
Price: 72,000 BURST / BurstETHER (Current price 10.18$)

Heh. Thanks! Hope you enjoy owning ByteEnt as much as I enjoy running it. Gives me reasons to buy massive amounts of Hard drives, totally okay with me! xD

But my setup is nothing compared to say, Vax, or haitch. Though I'm really good at Frankensteining stuff together, haha. You should see the GPU this thing is currently using to mine (I think it's in the pictures, the GPU itself is old, but the way I have it running outside the case of the rackserver, with External Internal PSU and 4 USB3 controller cards with cables everywhere and drives all over the place, just makes me smile.






Hello cryptic posting newbie. I hope you're ready to give some real information, and by that, I mean on yourself, before releasing any assets, no matter how awesome they may be.... The BURST community is getting tired of anonymous people coming through starting assets, then vanishing never to be seen again.

That being said, hopefully we will be as excited as you are, upon the news. 

I`m now finishing setting up my storage and am beginning to construct a gateway for my upcoming asset.

I dont want to reveal yet, but it's going to be a very innovative one, that will definitely help BURST getting attention from altcoin investors.

It is very exciting.Stay tuned!

Those are great news! I am a proud investor of ByteEnt asset and will continue to invest more into it as it looks very promising. About the pictures you've posted earlier, I would like to say that it is a really nice HDD setup you got there. And the cloud platform (cloud.crowetic.com) is getting pretty interesting as well. Good job! 

Thanks daWallet as always!


The asset payout for ByteEnt is going to be a big one this month, with the extra close to 300k that was what I gave for the bonus, plus the extra from the blunder last month. Total payout about is 969,000 BURST!


I'm working on the processing of it now. Will post an update upon completion. Thank you as always for your trust and support, and stay tuned for more exciting information from Byte Enterprises!


edit - payouts complete for ByteEnt.

Also...


https://network.burst-team.us/oxwall/blogs/post/1


Another bounty, for some reason all of my bounties are not being picked up, so I'll probably be listing more info on them in a single location here soon, as the OP seems to not get much attention. lol.

Thank you, daWallet for your work!

I´ll test it.

No, you are not missing anything. Many assets has short descriptions, they want the asset description to continue to be valid. A long description will most likely have a lot of different statements, 1 of them could end up begin false after 1 or 3 months. If you want to invest in an asset you should find the ANN of the asset to get more information. It's like trading with cryptocurrency, you don't know what you are trading with without doing research.

If you want an asset, which require less blind trust. I would recommend ByteEnt.