Hello.
I would like everyone to stop trading with Income, if you want dividends from your investment. Want to know why? Read
"Why?" between the lines.
Vector will be stopping investing in Income and all his other asset from today. We would like to sell our last asset to anyone for 29 burst each. This is a loss of 1 burst per asset, but will increase the loss in the future if nobody buys.
Edit: I don't want anyone to invest in the asset, if anyone wants to you are welcome to buy them from me. If you change your mind, you can get 100% refund within 1 month.
Why?We are doing this because, I believe in a open asset. I don’t believe change asset information to XXX is normal asset behavior. Keeping accounts’s info clear is a big thing in the asset community. [1]
I don’t think dumping a asset is allowed while owning a asset, this is seen from my perspective as shady business.This also applies to ByteEnt and other assets. If the asset owner or issuer dumps his asset, they will be labeled as scam to me. I will simply stop trading with his asset. Note: Dumping is NOT creating sell orders, it’s filling buy orders. [2]
Income has sold his asset as low as 0.1 burst. This has been done from the “Income Asset Manager Address” Refer to (2). [3].
After dumping his asset he sends them to a exchange, aka Poloniex [4].
He did also dumped every asset he has to gain as little as 1500 burst extra. [Quite easy to find on the exchange, look at cheap]
There is not much to say, burst blockchain is heartless and shows every detail. He has also sold his ByteEnt asset and transferred all to the exchange. I don’t believe we will hear much to Income anytime soon.
Everything happened on feb 19, so they are quite obvious to see.
Things we know
Poloniex address: BURST-9UR9-JQG9-BVGV-H4BMV.
Income has been trading with this user
https://block.burstcoin.info/acc.php?acc=BURST-3XNU-XANK-L3LA-6RJRR, but he has not been trading back. This k0r3 is also selling a lot of RESERVEBNK’s assets. He has been online after Feb 19.
1.
https://block.burstcoin.info/tx.php?tx=74192880338356112862.
https://block.burstcoin.info/tx.php?tx=814024299114450647 (Selling at 0.1 burst per asset)
3.
https://block.burstcoin.info/tx.php?tx=58958354464747939194.
https://block.burstcoin.info/acc.php?acc=BURST-9UR9-JQG9-BVGV-H4BMVI will be posting this here and in scam Accusations. Another version made for the bitcoin community.
Impact on my assetsIf Income gets up and tells a reason why he did this, it won’t change the removal of Income from my trading. It's a scam asset, once a scam, always a scam. I won’t be trading with income again. Only if Income provides the funds necessary to begin trading. I will be to paying a low percentage of the earnings to him for providing the trading funds. This also applies to other assets too.
I don’t want any of my assets to get scam or be a ponzi, so i would ask owners of Vector to not sell. In case many does i might be offering Income instead of burst. I had invested half of our fund in Income and they might be gone. Income had proven a high trading volume and we earned a lot of burst trading with it, but seeing as the situation is now, we might not be getting our money back. We will be paying as normal. We have lost Income, but i believe people will change to ByteEnt instead. No huge hit here.
I know others are hit harder then Vector, the guy hit worst might be Haitch. He lost 3 612 060 burst and this equals to ~260 USD. He also lost on other of Incomes assets. ~50 USD.
Margin is not hit by this, but i might be reducing the reserve funds and transferring some Margin asset to Vector. The assets won’t be under the 45 buyback rule and after Vector is able to run alone again, the Margin will be transferred to asset issuer (Margin account) and sold back to the original bitcoin amount. In this case the reserve funds will be going from around 0.18 to 0.1 and traded for something like 5000 margin. It’s not a huge amount, but i don’t want to reduce the reserve funds to go below 0.1.
I would like people to keep using the asset exchange, because there are still assets like ByteEnt and the brother ByteEMini that has payed for a long time. Playground might be added to the list in the future.
If you hold Vector or Margin and don’t agree with what i do, feel free to post your opinion. You will be able to change a lot of things this way. Margin and Vector are both open asset owned by the holders, the asset holders would be the last persons on earth I ignore. I’m very happy i have so large a userbase and would like continuing to the day I die with them.
Be aware, as i’m an asset issuer I don’t want you to trust everything i say.Disclaimer
I don't want make a asset vs asset war.
I have contacted Income before making this thread. He is not replying. I will be removing this post if he does. Quoting the entire post is not recommend.Edit:
To prevent scam by me (if i get compromised) or a user closely connected to me. (like FrillledShark).
If you ever want to check if it's me, ask me to make a signed message from 1EJmUKAbfbhoTBpFnSKZ4Y4GhXatttPUPU. The address is staked here:
https://bitcointalksearch.org/topic/m.13675548You can also ask for a
public message by BURST-QUZQ-LMPD-KBWS-EC5FT. If "I" creates another asset, I will always be using BURST-QUZQ-LMPD-KBWS-EC5FT to fund it.
-----BEGIN BITCOIN SIGNED MESSAGE-----
FrilledFish, aka FrilledShark here. I'm using 2 different account names. I will only be using FrilledShark on bitcointalk.org. Today is 1/3/2016.
-----BEGIN SIGNATURE-----
1EJmUKAbfbhoTBpFnSKZ4Y4GhXatttPUPU
H7DGhoD3Ho2gNU4jRLG0Yob6VKqLHsf/T0W9sr/qa142N/QFBImsnURhkS/Z0tv7z5U7vHU/jOX0F0s57ZTQvQw=
-----END BITCOIN SIGNED MESSAGE-----
You are always welcome to make a post against me