I noticed that INCOME has been pushed up in price. It is interesting, even though I havent put out that many news lately.
I will keep both assets updated, both CHEAP and INCOME about current news and events, however I hope the Burst forum will be back soon.
This thread is more for general BURST discussion and not for asset specific discussion.
Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 133. (Read 2170889 times)
November 12, 2015, 02:28:28 PM
November 12, 2015, 12:09:47 PM
"Snip"
Sounds interesting, nice to see a company investing in burst. The more asset we get on the market, the more profit Vector could possible make 
If you need any help i would be glad to give you a hand.
November 12, 2015, 11:20:48 AM
Vector Asset
Vector is a asset trading asset. It will place buy orders and sell orders on assets and help to promote the trading of assets. The asset will pay 75% of its earnings and 100% of its assets dividends, as monthly dividends. The last 25% is going to be reinvested.
Vector will start price at 15 burst each. Each month it will increase the issued price on the asset by 1 and update the amount of asset issued from the asset holder to 100'000.
Vector will buyback all assets, the price that Vector will buyback at, is determined by: current price of asset issuer/2. The asset will buyback 50.000 assets monthly, with only 10.000 locked at any given moment. If Vector dies or it creator lose the interest, it will buy back at highest issued price.
Vector will place buy and sell orders on assets, the buy and sell orders will be 1 burst apart. If more people place buy or sell orders on vector it will adjust it's prices, to promote other peoples use of the asset exchange.
Stats
Name: Vector
Asset ID: 4166893642908831356
Total Shares: 1'000'000
Current Price: 15
Asset issuer holding: 900'000
Dividends: Monthly
Watch the asset at https://docs.google.com/spreadsheets/d/1e42TGRR_PK3894pJ271IQr31ISR-MpWjADvEO9VwbVg/edit?usp=sharing
!!!
If the market demands a higher price then expected, the price pr Vector will rise
Vector won't trade with assets, where a big amount of the assets is placed on the marked by the asset issuer. (cheap)
I hold the rights to profit from 5% of the assets earnings at any given time
Very happy to see new assets emerging. Keep up the good work.
I soon hope to release another asset that will be shares in Crowetic Computers, LLC.
Since going back out doing local computer work as opposed to doing online stuff I was before, I've been doing much better than I thought I would have by this point.
I only went back out local in August, and my income since then from my company alone is already approaching 4,000 USD. This is much more than I had envisioned for a mere 3 months into getting back to local IT related work.
---------------------------------------------------------------------------idea for an asset based on my company...
The asset will be shares in the company, basically making it like other public traded companies.
However, this asset, will pay dividends.
The dividends will not start for a set period of time, giving me a bit more time to solidify the income, and make sure everything continues to go as planned, or better.
---sidetrack---some info on what is going on now with Crowetic Computers, LLC.---
I already have a partnership with another company that is just starting to really take off, and they're currently giving me pretty steady jobs doing various IT contracting work and installations of their VoIP phone systems.
There would be options for sales of these systems as well, with a nice commissions package, or a straight up bonus check. I already have a client in the works for this that if goes through, will mean a check of 2,000 USD or so. If I decide to start pushing sales further in this area, I could end up with a sweet residual from just that.
Not entirely sure if I'll go that route, but it is a very viable option. For now, I will continue with my own clientelle, and contracting IT for them.
Recently built an extremely nice custom watercooled gaming machine with 12 core i7, 64GB RAM, and TitanX HydroCopper for a client. He was extremely happy with end result, and so was I.
Everything is going very well in my company, and with much more gusto that I had anticipated. This means too though, that I'm extremely busy.
...
sorry, got a little sidetracked there, continuing on with my asset ideas...
I would like to give a percentage of my monthly income through my company, back in the form of a return on the asset. I was thinking a percentage between 2 and 10% most likely based off the amount of total income in that month. I would take that percentage in USD, purchase BTC (at the right time
) then use that BTC to purchase BURST, and/or place a buy wall, then once completed, pay out the payment to asset holders.I would not put this on a strict schedule, but it would be either monthly or every 2 months. May be better to do two, and average the two months into a single percentage. I'll figure that out soon.
I would offer the asset for purchase likely by December, possibly sooner, and it would begin to collect funds for its initial payout (thinking first payout would be 3 months later, so March sometime...) which would be likely a larger percentage than the rest as it will be both 3 months of income averaged, and, since it is the first payout, I would make it larger on principle simply to create benefit for early buyers.
I will offer purchase of the asset in BTC and BURST. I have yet to decide how many will be released.
I may also end up giving some sort of investor suggestion section, where the shareholders could give ideas of direction for the company, and maybe even help with certain projects (with pay of course.
)I think some of you with programming experience could come in very handy at times, as I think one of my next projects I'll be taking over (discussion with partner tonight about this) will require programming. I'm teaching myself to write code, but I'm not a pro yet, so having some sort of consultant in matters like that would be very beneficial.
There would also be room for assistance in Sales of the phone systems for my partner company, which comes with quite a substantial commissions possibility. Seeing as the systems are possible to be fully cloud based, there wouldn't even be necessity for on-site installation. However, if you were to make the sale to someone local, you could go onsite, and we could remotely help you, and you could do both the sales and installation yourself. This could end up becoming something of a job for some, with ambition
**I would need to speak with my partner company, but I believe there should be no issue with this. I could even run the person under my company's name contracting for them, so they don't have to worry about multiple people, I would work it out in one way or another.**Anyway, that's basically the rundown, sorry I have a tendency to go on and on, but when I get an idea, I tend to run with it. I think this sort of asset could end up being huge for BURST, and possibly even bringing a whole new level of investors, and possibly something that would create some excitement. I would also be able to contact investor companies, for investment into my company, and they would be able to see the financials, and invest into the company via the asset exchange too.
The release of the asset would be structured in phases, with prices changing based on how the company is doing at the time.
since the payouts would come from USD, there is a big variance possible in the amount, but it would also be good for BURST having fresh USD influx constantly.
There aren't many assets with backing of legit companies, and I don't know of many at all that have a structure like this, and I believe firmly that it will succeed. Even simply offering the company as an asset for 'going public' would be good, but with benefits and possibility to make real money with it from being part of the investor group that'll have insider info and opportunity, it could become something really awesome.
Let me know what you all think about this. Feel free to throw out some suggestions. I'm all ears
November 12, 2015, 06:11:13 AM
Vector Asset
I have create buy order for Income and ByteEnt, i have 104'976 burst left to be but on orders. Then the time reach 20:00 UTC +1 i will look at the straw poll and invest what i have left as the poll says. Cheap will have a chance to be bought if the community wants
Edit: Thanks for the 1 Income?
November 12, 2015, 01:53:14 AM
There are only 460,000 CHEAP assets left to be sold before the price hits 2 BURST. It can double it's price that easily.
Perhaps the Vector asset could consider investing some in CHEAP because it's cheap now.
https://block.burstcoin.info/as.php?as=4267876427937004537
Perhaps the Vector asset could consider investing some in CHEAP because it's cheap now.
https://block.burstcoin.info/as.php?as=4267876427937004537
Cheap has a big market, but the goal with Vector is to close the gap between sell orders and bid orders. If you look at Income or ByteEnt, you will see a spread on 6 to 8 burst. Cheap has a 1 burst spread, it's 100% it's price, but there is already a large amount of cheap ready at 2 burst each.
I do all this while making a profit and pay the dividends at a ROI that is acceptable.
Edit: If anyone would like to have a influence in what i invest in, i have created a straw poll http://www.strawpoll.me/5985567 with the top 8 assets. Bank assets is not included, but if there is a big interest in that type of assets, they will be included.
November 12, 2015, 12:59:53 AM
There are only 460,000 CHEAP assets left to be sold before the price hits 2 BURST. It can double it's price that easily.
Perhaps the Vector asset could consider investing some in CHEAP because it's cheap now.
https://block.burstcoin.info/as.php?as=4267876427937004537
Perhaps the Vector asset could consider investing some in CHEAP because it's cheap now.
https://block.burstcoin.info/as.php?as=4267876427937004537
November 12, 2015, 12:56:28 AM
Vector Asset
I will update it daily until trading begins
Edit; I didn't know that url shorteners wasn't allowed, and feel free to write comments on the sheet
No need to update shareholders...it can be seen here https://block.burstcoin.info/as.php?as=4166893642908831356
Edit: I can now see i have sold every issued asset this month, i will begin trading 12:00 UTC +1
November 11, 2015, 06:27:54 PM
Vector Asset
I will update it daily until trading begins
Edit; I didn't know that url shorteners wasn't allowed, and feel free to write comments on the sheet
No need to update shareholders...it can be seen here https://block.burstcoin.info/as.php?as=4166893642908831356
November 11, 2015, 04:12:58 PM
Nice to see that there are other assets created created too, this will boost the demand for BURST.
Hopefully the price can go up too, as now BURST has more ways to be used. More useability, more demand, as simple as that.
Keep up the good work friends!
Hopefully the price can go up too, as now BURST has more ways to be used. More useability, more demand, as simple as that.
Keep up the good work friends!
November 11, 2015, 03:05:22 PM
Vector Asset
I will update it daily until trading begins
Edit; I didn't know that url shorteners wasn't allowed, and feel free to write comments on the sheet
November 11, 2015, 09:47:32 AM
Vector Asset
Vector is a asset trading asset. It will place buy orders and sell orders on assets and help to promote the trading of assets. The asset will pay 75% of its earnings and 100% of its assets dividends, as monthly dividends. The last 25% is going to be reinvested.
Vector will start price at 15 burst each. Each month it will increase the issued price on the asset by 1 and update the amount of asset issued from the asset holder to 100'000.
Vector will buyback all assets, the price that Vector will buyback at, is determined by: current price of asset issuer/2. The asset will buyback 50.000 assets monthly, with only 10.000 locked at any given moment. If Vector dies or it creator lose the interest, it will buy back at highest issued price.
Vector will place buy and sell orders on assets, the buy and sell orders will be 1 burst apart. If more people place buy or sell orders on vector it will adjust it's prices, to promote other peoples use of the asset exchange.
Stats
Name: Vector
Asset ID: 4166893642908831356
Total Shares: 1'000'000
Current Price: 15
Asset issuer holding: 900'000
Dividends: Monthly
Watch the asset at https://docs.google.com/spreadsheets/d/1e42TGRR_PK3894pJ271IQr31ISR-MpWjADvEO9VwbVg/edit?usp=sharing
!!!
If the market demands a higher price then expected, the price pr Vector will rise.
Vector won't trade with assets, where a big amount of the assets is placed on the marked by the asset issuer. (cheap)
I hold the rights to profit from 5% of the assets earnings at any given time.
I hold the rights to edit the terms of Vector.
November 11, 2015, 01:35:46 AM
nice work
Thanks. People on this thread are talking too much about mining BURST and less about investing in it. Mining without investors is pretty much useless, we need some aspect to give value to BURST.
I hope to provide that aspect.
November 10, 2015, 10:54:43 PM
Hello All.
Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
try this https://www.dropbox.com/s/a8wctt1ikchqy2k/miner_stable.exe?dl=0
(5 days w/o crashes for me)
November 10, 2015, 06:48:35 PM
Well damn since the forum is down, I will write here the new updates, because it's important:
Completed another fundraiser from the CHEAP asset, and moved into the SD investment:
Now you have noticed that the profit is down, yes , because since SD added the new slotmachine, the variance has gone crazy. Now this means that the profit will swing more (higher risk/higher reward) and also that more people gamble, so we will make more profits in the long term, so dont be dissapointed.
Then in yobit, I made some nice profits with AMS, might wanna check it out:
https://bitcointalksearch.org/topic/annams-amsterdamcoin-100-pos-masternodes-obfuscation-seesaw-1152947
I`ve bought it back since.
So we have almost 2 BTC now. That's good, and the extra profits from trading will be moved into SD for safer investing (yes it's still safer than altcoin trading).
Now this is not final, because I`ve been able to breakthrough on my marketing research and found a profitable niche that could add additional income to the fund. I already made a test and gained 0.01 BTC, so we will see more about this.
Now this have been a very good day, so I decided to boost CHEAP too, and added 2500 more INCOME into it's backing to support the speculators.
https://block.burstcoin.info/as.php?as=4267876427937004537
We have now 15000 INCOME burned, and less than 50,000 awaiting to be sold on the AE, the rest of it is already in shareholder's hands so it will be an exciting few weeks ahead of us, so stay sharp!
Completed another fundraiser from the CHEAP asset, and moved into the SD investment:
Now you have noticed that the profit is down, yes , because since SD added the new slotmachine, the variance has gone crazy. Now this means that the profit will swing more (higher risk/higher reward) and also that more people gamble, so we will make more profits in the long term, so dont be dissapointed.
Then in yobit, I made some nice profits with AMS, might wanna check it out:
https://bitcointalksearch.org/topic/annams-amsterdamcoin-100-pos-masternodes-obfuscation-seesaw-1152947
I`ve bought it back since.
So we have almost 2 BTC now. That's good, and the extra profits from trading will be moved into SD for safer investing (yes it's still safer than altcoin trading).
Now this is not final, because I`ve been able to breakthrough on my marketing research and found a profitable niche that could add additional income to the fund. I already made a test and gained 0.01 BTC, so we will see more about this.
Now this have been a very good day, so I decided to boost CHEAP too, and added 2500 more INCOME into it's backing to support the speculators.
https://block.burstcoin.info/as.php?as=4267876427937004537
We have now 15000 INCOME burned, and less than 50,000 awaiting to be sold on the AE, the rest of it is already in shareholder's hands so it will be an exciting few weeks ahead of us, so stay sharp!
nice work
November 10, 2015, 03:26:28 PM
Hello All.
Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
I can confirm JMiner is pretty stable on windows 10, used it for more then a month and never had a crash.Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
I was under the impression jminer was GPU?
jminer uses OpenCL (Open Computing Language) that allows writing programs for heterogeneous platforms that utilize CPUs or GPUs.
more info: http://www.jocl.org/
i never tested jminer with CPU, if you try it, feel free to give some feedback on https://bitcointalksearch.org/topic/m.12329106
I have a Macbook and tested it for my guide, i can confirm it runs smoothly on CPU
@Cobra89
It looks like you missed to change the Plot/Account number in jminer's properties file or like mentioned above the filepath.
numericAccountId=XXXXXXXXXXXXXXXXXXXX
- daWallet
It looks like you missed to change the Plot/Account number in jminer's properties file or like mentioned above the filepath.
numericAccountId=XXXXXXXXXXXXXXXXXXXX
- daWallet
No, I had it
plotPaths=Z:/Burst/plots
poolMining=true
numericAccountId=17908512605713200237
poolServer=http://pool.burstcoin.de:8080
platformId=1
deviceId=0
your settings are fine, should work ... i send you a pm, we will solve that problem!
ok we found the problem, jminer uses the long datatype for addressing nonces ... the used startnonce was simply too big for that datattype.
in short ... current jminer version does not support nonce addresses bigger than 9223372036854775807 ...
so if you are mining more than ~2000 petabyte with one account you could get serious addressing issues :-)
November 10, 2015, 02:49:17 PM
Hello All.
Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
I can confirm JMiner is pretty stable on windows 10, used it for more then a month and never had a crash.Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
I was under the impression jminer was GPU?
jminer uses OpenCL (Open Computing Language) that allows writing programs for heterogeneous platforms that utilize CPUs or GPUs.
more info: http://www.jocl.org/
i never tested jminer with CPU, if you try it, feel free to give some feedback on https://bitcointalksearch.org/topic/m.12329106
November 10, 2015, 01:49:52 PM
Hello All.
Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
I can confirm JMiner is pretty stable on windows 10, used it for more then a month and never had a crash.Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
I was under the impression jminer was GPU?
jminer uses OpenCL (Open Computing Language) that allows writing programs for heterogeneous platforms that utilize CPUs or GPUs.
more info: http://www.jocl.org/
i never tested jminer with CPU, if you try it, feel free to give some feedback on https://bitcointalksearch.org/topic/m.12329106
November 10, 2015, 01:42:02 PM
Hello All.
Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
I can confirm JMiner is pretty stable on windows 10, used it for more then a month and never had a crash.Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
I was under the impression jminer was GPU?
November 10, 2015, 01:41:28 PM
Hello All.
Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
I can confirm JMiner is pretty stable on windows 10, used it for more then a month and never had a crash. Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
November 10, 2015, 01:24:29 PM
Hello All.
Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
Blago's Miner Crashes on Win10 for me often. What is the best Win10 CPU miner? I am using my GPU for other mining..
Thanks
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