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Nxt Asset Exchange / Re: STSH: November 2015 update
« on: November 17, 2015, 02:15:21 am »Hi Guys,
Sorry for the late reply, I haven't logged in recently.
STSH issuer account:
NXT-KUQ3-SYHL-E4BE-B2BL5
Current account value is approximately 25,000 NXT
STSH was started as diversified portfolio with steady and consistent payouts 1 NXT/week, mining was only one of the avenues for revenue generation. But somehow after first couple of months got sucked into ltcgear fiasco, and by the end of november 2014 ltcgear became the main moneymaker for STSH, even after december 2014 when ltcgear stopped making payments I still continued to believe in them and made some payments using my own funds.
Fast forward to November 2015 and it has become clear that ltcgear is a classic scam, they are making payments now but after charging more fees from there existing clients and there are several dozen people who have made the new payments and are happy with there new payments. I think ltcgear will keep milking as long as they can find new suckers.
I am going through some tough time personally and financially. Even NXT has lost 80% of its value since the time STSH was started. Nothing against NXT its just the phase of my life I am going through.
Over the next few months I will be closing this asset. More details when I have personal funds and fresh mindset to execute this procedure. Currently I am not active in crypto, neither NXT so I don't have any exact plan of when or how it will be executed.
My apologies for the way things panned out, I didn't intend or wish to cause loss to anyone but inspire of best of my intentions it has come to this.
I am sorry and please forgive me.
I can't say I trust what you said above regarding the reasons for closing this asset, since it is part of my own nature to not trust anyone that easily. I also will not go into the topic of whether you could have done a better job in managing and communicating the status of this asset.
However, of all the assets that I have owned that have failed (which is a lot
