My first payout from the new Burst Casino asset

in #burst7 years ago (edited)

Well, as many of you know, the guy that runs the Burst Casino ran into some issues and the casino was losing money. So what he did was make a new asset for people to buy on the asset exchange. This is highly controversial because it made all of the old assets tank in value. He does offer an exchange of 4-1 of the new assets to the old, but the new one is only selling for 1/8th of the price of what the old one peaked at. With this being said, I decided to go ahead and trade mine in and see what happens. I transferred all of my old Casino assets and received 61 of the new SnakeEyes asset. After a couple of weeks, I have received my first payout and it really was as surprise as to how good it was:
basset.png

As you can see, I received over 68 Burst for just 61 of the new asset. That's more than 1 Burst each and the new asset is selling for only ~45 Burst. This can be a good investment, but I cannot say it is safe after what happened recently. Time will tell if this was a good investment for me or not because I only got a couple of dividends from the old asset before it was swapped.

Sort:  

Congratulations on your payout. I have some Uniburst Asset, a couple others, and am mining 300 gb hd, which means i have a little but not nearly as much as some of those Burst Billionaires. Haven't looked in a while so I don't know exactly. Cheers and all the best!

Uniburst has really tanked in value the past few weeks. 300gb is a good start, but you may wanna pick up a cheap 1 tb or so if you can find one at some sale

Thank you for the tip. Good to know. I think I would need 3-5 TB to really start making a difference. Right now I'm putting $100-$200 on Coinbase a week from dayjob to trade.

I've got just under 25 Tb now plotted and mining, doesn't make a huge amount, but a steady few hundred coming in everyday and then maybe a boost with a found block every 4 days ish. I've also received my first snakeeyes dividend.

Snakeeyes? Interesting. All the best.

Inspired from BurstCasino and Bitsler, we have started an exclusive Gambling for Burst Coins.. You can play dice game at https://www.rollburst.com/dice using burst coins. You can claim 25 Burst for free to test the game before you deposit something...