YASAsset



  • Are you staking the other coins that team is trying to revive? Like XQN, KORE and others? IF you are already staking some, these other ones should be nice too :D I've bought some shares. Keep up the good work.



  • @JotaJota i have added XQN :) since it was giving me good results :) KORE couldnt make it work on my pc so i gave up on it :) All coins thats being added to asset has first to go through my testing phase (i deposit small amount of coins and see how it does, from that i can somewhat calculate how it will go with more coins).

    And thanks for buying in :) i see you allready prepared to make some back when i raise the share price :D



  • @LithStud That's somethings that I always do :D When I buy some assets I take some for me, and some to sell higher. This way the asset issuers can see that someone else then them are trying to push the prices above, and trying to increase the value of the asset.



  • And I just bought some more right now.



  • By the way, I'm staking XQN too, can i send you my extra Xqn for assets? :D



  • @JotaJota much appreciated :) i am about to check up on it and update logs on google sheet :)

    SIDE NOTE: Added to google sheet (for now) a big ass table of total asset hold coins value. This way not only it will be easier for me to see how are we doing, but also a reassurance (or disappointment who knows lol) when there is these huge BTC price swings. What that table records is what would be total worth if all coins would be sold at bid prices (not taking into account exchange tax) and also converted into USD or EUR.



  • @JotaJota Sure :) for the deal its best to write me a pm with planned amount and we just agree on prices :)



  • @JotaJota said in YASAsset:

    @LithStud That's somethings that I always do :D When I buy some assets I take some for me, and some to sell higher. This way the asset issuers can see that someone else then them are trying to push the prices above, and trying to increase the value of the asset.

    And me too :D

    I am going to acquire as much as possible of this asset. Not because the price only, but because I like the concept (not only Burst mining).



  • @bandarfjb Lets do it bro. I'm helping everyone that is mining other coins, to sell and buy Burst. That's the best for our coin.



  • @LithStud, do you also receive LANA coin to get your asset? (Maybe you can stake it for future sale when the price increases. Currently it has value of 1 till 2 sat for each 1 LANA coin).
    I have some of this coin which I'm staking in my win wallet.



  • @bitko sorry i only exchange to coins that are allready staking :)



  • Weekly Summary (2016.12.25)

    Information Website: yasa.rimvis.lt
    Detailed Logs and Statistics: Google Sheet

    Total shares sold: 36344 (+11062 since last week)

    This weeks gains (62810 Burst) going to be invested into XQN once BURST wallet at Bittrex comes out of maintenance.

    News: So we had really good week with XQN coin, it became the most profitable coin being staked really fast. So for now i will keep on increasing its staking power.
    Other news concerns NET coin it has entered Year 3 stage - what that means its stake percentage has been decreased dramatically (previously it was normal to get ~130 coins per stake now its ~38 coins per stake). Since new coins supply has decreased so much its price should increase (or so is the theory).
    Also direct asset to coins exchange was a great success this week. And would like to thank @bandarfjb and @JotaJota for exchanging there coins for the asset shares. You rock guys :thumbsup:
    There were some additions to google sheet:

    • There is now Direct Dealings Log sheet
    • Wallet-BTC-EUR-USD sheet to represent total value in USD/EUR/BTC of all coins if they would be liquidated at the buy bid prices (instant sell). Those numbers doesnt take into account exchange fees.

    Happy Festive Days!
    -- LithStud

    LightTree



  • Had some troubles yesterday with internet connection and lost around 7h of staking, so to remedy that been running my pc all night :)
    Concerning BURST converting to staked coins . Due to current drop in price it will take some time as i try to sell at higher prices than minimum.



  • Hello @LithStud ,... i buy yesterday more 5000 shares of your asset, i very excited with your Asset YASA,... :D



  • @burstcoinPT hey :) thanks! I noticed :) Growth stage is almoast over and the next month will be growing dividends. Lets hope during that time some coins increase in price ;)



  • I am also open for suggestions about what coin to add into asset. It needs to be established one with fairly stable price and preferably around 200-300 satoshi range :D
    As is i was looking into some cheap ones like piggy coin (this one looked interesting but it seemed like a temporary rise in price so didnt want to risk)



  • @LithStud We're hoping too :D



  • @bitko that LANA coin. Is it the one father created as a gift for his daughter?



  • Weekly Summary (2017.01.01) - Growth stage complete

    Information Website: yasa.rimvis.lt
    Detailed Logs and Statistics: Google Sheet

    Total shares sold: 46832 (+10488 since last week)

    This weeks gains (104880 Burst) been sent to exchange and is awaiting in sell orders. Current plan is to push NET coins amount to 1 mil.

    News: As was planned asset price has been increased to 20 BURST per share marking the completion of growth stage and entering Month 1. From now on staked coins will be exchanged at the end of month and distributed as per first post. This also means that anyone who bought in can sell at a profit (provided there is anyone willing to buy). Now if investors think that any price increases should be put on hold and rather keep asset at static price, please let me know in this thread. The price will not be lowered from 20 BURST though.
    I will also put in initial buyback order at 5 BURST from my personal wallet BURST-S94A-Z3T5-TDZT-AK6NB. Asset will start its own buyback at the end of month from the earned BURST. It will also mean that asset will become owner of those shares and respectively earn dividends for further investments.

    People wanting to support asset directly can buy shares by direct exchange of staked coins to asset at the current share price (20 Burst)

    Have questions? Something needs clarification? Let me know!
    Happy 2017 year :)
    -- LithStud



  • Small update: Price will be frozen at 20 BURST. Upon scheduled dates price will be revisited and decided upon how asset is doing and other factors.
    For now it seems asset sales has decreased :)

    Please, dont forget possibility for direct exchange coins to asset shares.


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