[ANN] MIA - Investment Asset



  • @RichBC Well I valued them at that because with the increasing ROI when I buy more assets and more hard drives to mine, the valuation of the asset will increase, hence the price to be higher. I get what you are saying and I agree and disagree as in the future the ROI will be better but currently it is not. I may end up just selling all the assets at the same base price without increasing as then the share holders can "set" the price once the shares are bought.



  • @mathew I am sorry but that is not a good enough answer. Please provide some projection as to mining hardware and asset purchases v time and reward to justify the very large future valuation you are putting on the Asset relative to the current value.

    Rich



  • @RichBC said in [ANN] MIA - Investment Asset:

    @mathew I am sorry but that is not a good enough answer. Please provide some projection as to mining hardware and asset purchases v time and reward to justify the very large future valuation you are putting on the Asset relative to the current value.

    Rich

    Sure,
    I plan on purchasing at least 25-30TB within the next 4-6 months out of my own pocket and buying even more after that at an unknown time. For projections of earnings from this alone I could potentially be making 692,592 burst according to http://burstcoin.biz/calculator annually.

    As for the assets. Lets say I make 4k in burst every week. With the reinvestment of 35% of the 4k is 1400 burst per week. If I invest all of the reinvestment burst for an entire year into someone such as @ccminer 's 1000TB I could make between 75 and 80 a day from him at his current mining rate which is 80TB and has a lot more to expand. I am not reinvesting into just one asset as some assets can provide better ROI for us or others get better the more it sells out such as @ccminer 1000TB.
    Not sure if that answered your concerns.



  • @mathew No not really. The numbers you are now quoting still fall way short of the 2.5 Million Burst that you will receive from just the first release, let alone the later releases.

    You need to give investors some sort of projection as to the returns they should expect that in some way justify why they should trust you with their Burst rather than just Mine themselves or by @ccminer 1000TB themselves?

    Rich



  • @RichBC said in [ANN] MIA - Investment Asset:

    @mathew No not really. The numbers you are now quoting still fall way short of the 2.5 Million Burst that you will receive from just the first release, let alone the later releases.

    You need to give investors some sort of projection as to the returns they should expect that in some way justify why they should trust you with their Burst rather than just Mine themselves or by @ccminer 1000TB themselves?

    Rich

    Sort of redid my plan on the share releases, will sell all shares at 10 with each 250k share release, it will be reinvested in either assets or hard drives.
    Stage 1: 100% of 250k asset share sales will be reinvested into more assets
    Stage 2: 50% of 250k asset share sales will be invested into more hard drives and 50% into more assets.
    Stage 3: 250k asset share sales will be 100% into assets
    Stage 4: remaining 250k asset shares will be invested into more hard drives for mining.



  • @mathew You are still not answering the key question. Let's just concentrate on the all important first release.
    250 Thousand Shares raising 2.5 Million Burst.

    You are now proposing to invest the Burst solely in other peoples Assets. Question is why should people trust you to make this investment on their behalf?
    What value are you adding to the process?
    What experience do you have that means you will do a better job than they would?
    Do you intend to trade the Assets or just buy and hold?
    What are the projected returns for the Shareholders?

    I am going to call a halt to my questions here. Let's see what others think?

    Rich



  • I'm a newcomer to burst and decided to buy just 2 shares! 😃


  • admin

    @RichBC 2.5 Million goes into other assets, raising their prices, 35% of the returns from those asset earning go into expanding the pool of assets MIA owns - compound growth. Along with expanding the mining side of the operation, this sounds like a promising venture to me.



  • @haitch You are as always very kind with your words. 🙂 I still am confused as to why anyone would choose to invest in existing Assets through someone who has so far failed to show what value they are adding over and above people investing directly?

    Rich


  • admin

    @RichBC Thanks 🙂 There are other successful assets that are based on investing in other assets, and it's a common system in "real world" $ investments. As for why, in my opinion it's because people don't want to take the time to do the research themselves, so they put their trust in someone else to do it on their behalf. Does Matthew have the skills to make it work? - I don't know, but hope so, just like I hope that my 401K funds in these sort of $ assets are managed by people who can make it work.



  • @haitch Agree with what you say, but "Hope" is not good enough. I think we are entitled to something better than that before entrusting our Burst, or 401K, to anyone. Hopefully Matthew will advise us to what experience and skills he has, and the approach he intends to take.

    Rich



  • @RichBC said in [ANN] MIA - Investment Asset:

    @haitch Agree with what you say, but "Hope" is not good enough. I think we are entitled to something better than that before entrusting our Burst, or 401K, to anyone. Hopefully Matthew will advise us to what experience and skills he has, and the approach he intends to take.

    Rich

    I understand what you are getting at and your concerns, and yes I would be scared too. I am fairly new to the asset creation but I have invested thousands of burst into my own wallet alone that I believe I am comfortable with it to now try it and make my own. Once I introduce my stock trading portion to the asset, I have been doing that for about 4 years, trading from penny stocks all the way to google stocks. If you still don't believe that I can make a profit for you then wait and see what the dividends will be like and the amount of shares that will sell over time as I have already sold 2,437 in less than 24 hours. I hope you truly believe in this as I do and I hope to see you one day own part of my asset.

    Best regards,
    Mathew



  • Thank You for investing in my asset. I will look into yours and assess if it's a good investment for my asset 🙂



  • @mathew OK you have made this easy for me. Not enough information on your plans for the Asset purchases, not enough experience and I see that you are introducing Stock trading.

    If you have not done so already please read this thread. https://forums.burst-team.us/topic/1964/release-rapidtrading/139 and make sure your Dad is happy with what you are doing.

    However as they would say on Dragons Den, Good Luck but I'm out.

    Rich



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  • 6 Days until payout! Will be putting in a bonus for the share holders!



  • 3 more days till first payout! It's gonna be a decent one! Also now verified! alt text



  • Grabbed some more assets^^ Can't wait for 1st divident day!^^



  • Nice, Looks like your Verified!!! I will pick up some of your Assets!!! Keep up the Good Work!!!

    Thanks,
    CesBurst1782



  • @Hyzi0 Thanks for supporting me and I can't wait either!

    @CesBurst1782 said in [ANN] MIA - Investment Asset:

    Nice, Looks like your Verified!!! I will pick up some of your Assets!!! Keep up the Good Work!!!

    Thanks,
    CesBurst1782

    Thank you for supporting me and I am glad I am verified also!