Bitcoin Forum

[ANN][BURST] Burst | Efficient HDD Mining

https://bitcointalk.org/index.php?topic=731923.0 [Old thread]
https://bitcointalk.org/index.php?topic=1323657.0 [New thread]

• NXT Based
• POS Removed
• PoC Based ( Proof-of-capacity = mine with your spare HDD space)
• No IPO
• No Premine
• 4 minute block time
• 2,158,812,800 coins total of which approximately 1,473,000,000 coins have been mined in the last two years
• First coin to have working smart contracts/ automated transactions (decentralised crowdfunding, lottery)
• Decentralised Escrow and subscription payments
• First cryptocurrency to do an ACCT with Qora
 and many more features

Current price: 33 sat

https://poloniex.com/exchange#btc_burst
https://bittrex.com/Market/Index?MarketName=BTC-burst

Let the speculation begin

The price is currently very undervalued, the network is VERY large and strong, and in fact, simply the number of drives it takes to run the network the size it is, costs a whole lot more than the market cap... it seems that since the coin is so cheap to mine, people are willing to sell at low prices... but IMO that's not the best idea.

The coin has some extremely valuable ideas in it, including Automated Transactions, and a decentralized Marketplace. Encrypted messaging, and asset system, and a decentralized Asset Exchange.

There is a LOT in the works as far as development, and there are legit companies forming on top of projects built on the chain.

It is backed by VERY trustworthy and high ranking members of the community, myself included, and the development is very strong and active.

The team is ever expanding, and working collaborations with multiple other teams.

a public roadmap has been posted here, with a lot of information, but only maybe a quarter of the projects that will be there, this roadmap will be constantly updating with new info, and more... http://burst.press


There is a TON in the works, including a decentralized file storage setup, and decentralized applications, that I am forming into a movement I'm calling 'Decentralize Your World'. Basically the forming of an entirely new internet in which everything will be encrypted and decentralized. Bringing security and privacy back to the internet, as it was meant to be.

The current price seems that many people are deliberately trying to keep the price down, not exactly sure why, but that is definitely what seems to be going on... as the coin's price makes no sense whatsoever, it should easily be 10x higher than it is.


But I do think that once all of the new stuff starts coming out, and we start pushing harder to public, and news outlets, a lot of this may start being seen by others, and the price will reflect that.


The coin already has the power of Etherium, with a far superior mining style that will likely be the PoW of the future, once everyone realizes the extreme potential therein.

We are not in a hurry, we are a bout doing everything on the up n up, and doing everything the RIGHT way, even if that means doing it slower. Our team is dedicated, and believes in the future of the coin, and the way we will get there is by continuing doing everything in the fashion we are, keeping to strong moral compass, and beneficial goals for the whole world to take advantage of.

We are the few in crypto that believe the crypto world shouldn't just be a breeding ground for scammers and people looking to make a quick buck then leave, we are building the future of computing, and the internet. Building things the way they should be, and doing this from the ground up, not from the top down.

Our infrastructure and network is VERY large and strong, and it is ever expanding. It will not be long before people see the way we are doing things, and the fact that we NEVER lie, and ALWAYS do what we say, and the value of the coin will reflect that.

Then, with the release of our new projects, and the whole idea beginning to form with our outreach outside the crypto community, things will really start getting exciting.

Burst offers much more real world usecases than most people think of today.
Thinking BURST is cheap to mine is an illusion since BTC was also cheap to mine at some point in history.

One of the main advantages I see is that there are almost no running costs to keep the network secure.
This in combination with the offered features that have been developed on top of NXT makes BURST technically suitable for many all day usecases.

In terms of exchange rates I do not want to set a price but if you think of a service like slack offers and for which would be payed with BURST in a decentralized environment you can easily create a demand for the coin. If you say the price is set to what a miner with 2tb capacity can mine in a month and compare it to the smallest payed slack account these 10k burst have a value around 6.5$. Running a dedicated 2tb drive 24/7 for mining gets you your investment back within a year while having the next years for free.

If you play with these numbers it means to me that the mid term low settles somewhere where it has been a year ago.
For me the history has shown that everything takes a moment longer compared to other coins but finally it happens.

I am quite honoured to have you post on this thread Crowetic so thank you for offering your insight into the matter. I agree with every point that you stated, and that's partly the reason why I cringe every time I look at the price.

Burst is definitely in the top 5 of the most innovative coins out there and hopefully the price will start reflecting that in the near future. Higher market cap will bring it the attention it deserves and will definitely increase its user base. Over the last few months, I realised that sadly and unfortunately high volumes and high market caps are what lead people/"investors"/"traders" to think that the coin is actually useful. If Burst was judged and looked at from a pure technical perspective then i don't see many coins coming ahead of it.

The future is definitely bright though thanks to you and to your team

The team is currently working with multiple slack alternatives, and dropbox alternatives inside the burst cloud, which is being developed now. There will be a free version and a paid version which you can get extra space and other services.

it includes XMPP chat with OTR, slack style chat alternative, dropbox style files sync functionality, cloud contacts, bookmakrs, and a document editor like google docs where you can collaborate and edit a document with a bunch of people.

There is a lot more to come, and this project will be publicly available soon. I may offer it on a limited basis to the community soon anyway. There is a lot more in development too.

The end goal is to decentralize and fully encrypt every aspect of all of it, which we  have a way to accomplish too.

There is also a new forum for alternate currencies, and much more coming. The price currently is definitely not a reflection that is accurate, and it is a great time to buy, as we're one of the only currencies with such a capable team, with the high moral standards we adhere to. The project is going to be one that will be hugely successful, we have no doubt.

No problem, my pleasure. I always enjoy posting in threads about my favorite piece of technological genius, BURST! :)

I think there will be some announcements in the near future about a couple of different ideas we have, once we work out the ideas within the team, that will definitely put BURST at #1 in technical prowess, but as you said, there are some serious competitors out there who have a LOT of money, and unfortunately, sometimes money speaks louder than actually being able to do the things you say you can.

I personally believe though, that soon these highly backed coins, without much to really deserve the backing they have, will be shown to be what they are, and that will be the time that the coins with actual technical standing, and incredible ability, will be the ones to come out on top. Unfortunately, currently there are a lot of groups out there that manipulate things into their favor, whether they have what they say they do or not... and people tend to follow people with a lot of monetary backing, with or without the ability to prove what they say.

We, however, work the other way, and we know that when we continue to prove our tech is better than the competition, eventually it will be recognized by people who genuinely care about this, and THOSE are the people we want behind us, not people out for a quick buck, and just want to get in get out make money move on. BURST and our related team projects, are LONG TERM, and truly are out to change the way things are done on a fundamental level. We are less worried about making a quick dollar, and a lot more worried about making the future a place that is secure, and functions well, online.

Some day, this will be recognized by someone who can help us with some financial support, and that will help us to propel things to mainstream even faster, until then we will keep doing what we always have, and release solid products and assets, and branch out where we can when we can, getting users along the way. Great things come to those who work in the fashion we do, and we wholeheartedly believe that. This is about good Karma, and making sure we don't screw people over to make money. This is about making sure the things that are done, are done in the correct way, not the fastest way, guaranteed to make the most money quickest.

We will keep doing what we do, and we know that people will respect our way of doing things and back our projects for the right reasons, and in the end, these people will benefit a lot more than the ones investing in short term pump n dump schemes, or projects without any real merit selling underdeveloped projects to the masses in hopes of making quick money. They will eventually be found out for what they are, and projects like ours will succeed. That's my opinion anyway.

Of course, I would like it if things could be done as soon as possible, but doing things the right way sometimes means taking a little longer to do it, but it's all good, because that will make us win in the end.

BURST isn't going anywhere, and neither is the morality of the team behind it. :)

Bitcoin has been rising steadily for the past few weeks. Anytime this happens the altcoin markets take a dive or become stagnant. As most people are selling out for bitcoin I have been happy to collect a large sum of Burst!

When bitcoin evens out or takes a dive after the block halving in late July altcoins will then be re-invested in. Perfect timing for burst to shine and possibly with some new features.
I see Burst easily doubling price in the next 3 months.

Fly me to the Moon  :D :) ;)

That's exactly how I am thinking and what I am doing as well  :) You should invest your Burst in assets too if you haven't already.

Call me optimistic but I see Burst trading at above 100 sat within 3 months. I tend to compare burst with +1 billion coins such as BTS,DOGE, NXT(999 million), SIA, XEM and few others and I feel quite confident in saying that burst has quite a lot more to offer than the aforementioned coins. Burst at a cent each would give it a market cap of close to 15 million with the current coin supply so I would not be surprised if we are trading at that level by year end (extremely optimistic target). 

I think that is entirely possible, seems there is some manipulation in downward direction happening right now, not sure what exactly, but that's certainly how it feels to me, considering all the positives of the coin. But I am confident in the future.

Many times markets are suppressed a week or two before a huge pump... but sadly usually a dump follows

Miners and crypto folk are quite used to these antiques, a lot of us can tolerate it no matter how prolonged the suppression may last. Individuals joining crypto because of the recent BTC bull run however, may not understand that, and they certainly won't look twice at BURST if they see that its price has been on the decline for the last 2 months (when it should have carried on its rise back in April if it weren't for the manipulation). Most of them are not in it for the long term, and thats ok because I think a strong market can cater for miners/ long term investors as well as day traders.

So there is a very thin line between making few extra btc in profit and gaining high numbers of new adopters who might take the price 100x if it weren't for the price manipulation.

I never understand these "whales" but if I feel sorry for whoever is responsible for it as they lack the foresight to see the big picture

Do you reckon the recent Eth/Dao theft will affect Burst? If I understand it correctly, the theft is related to flaws in their smart contracts. And, in comparison, Burst's automated transactions are flawless (so far). I'm thinking that this event could positively affect Burst in the long run, but meanwhile Burst value keeps going downwards... I reckon the floor might lie around 15-16 satoshi, but I see no reason to wait for a lower price than what we already have if people want to invest in Burst.

It will have a positive effect on BURST for as long as people know that BURST actually has smart contracts if you know what I mean. We need to get the word out and now is the best time due to DAOs hack. Crowetic and adam's video has worked wonders in terms of bringing fresh blood into the community and i am pretty sure that will carry on to be the case for the foreseeable future. The effect of that on the price might not have been immediate but it will come.
There was a lot of btc locked in eth markets, this event has just helped unlock it. It is already in the exchanges and traders and investors alike would start looking at good alts with great potential and BURST will certainly benefit from that.

We are not only going to continue the videos, but we're also going to issue our PR campaign to issue a 'CHALLENGE to HACKERS' to hack our Smart Contracts. Once we've proven them to be solid, which we're 200% sure about, I believe we'll get solid recognition from the community. ;)

For me I've been buying as much BURST as I can and exchanging them for assets while we wait for the new developments.I have no doubts that the price will rise in the near future and while people want and continue to dump I'll be buying.

One Man's trash is another Man's Treasure.  I'm with you @Vella85 I'm buying, re-investing, and promoting because I'm known to put my money where my mouth is and Burst is truly undervalued currently.  Low investment HIGH return. 

Have a magnificent day on PURPOSE!
FXALTareeq

I'm with you @Crowetic and support EVERYTHING you're doing with Burst.  Walking on the Burst Golden Roadmap as we speak.

2016 is looking more like the year of the billion plus coins, I find NEM's rise to $120 million very encouraging even though I don't own any  :D. Assuming (and it is a big assumption) that NEM and BURST have equal features, a basic calculation would show that the equivalent price that BURST can theoretically achieve providing that the assumption is true which it isn't, is 0.120/1.5 = $0.08 or higher.

So I am changing my previous prediction for BURST to reach $0.01 from extremely optimistic to highly likely that it would get there  ;D

Only time would tell, but I am feeling very confident, the number of miners keeps on increasing on a daily basis and it is just a matter of time until we get there. The market has shown that it is not afraid of bidding high prices even for coins with a highish coin supply and I hope that BURST will take advantage of that.

I'm going to keep hammer this point:  "Miners (and I'm one of them) have re-invest their coins BACK into Burst and that mean purchasing Assets and Burst related products/services.  There is no reason to just hold the coins mined.  If we are mining it makes no sense to just let the coins sit there and do nothing.  That is not how the coins are going to RAPIDLY appreciate in value. That's like letting your money sit in a non-interest bearing account when you have the chance to do otherwise.

I understand your point, however, as of now, there aren't any services and products that can be purchased with burst (apart from your and moonjenn listings in the marketplace ). The five assets that we as a community view as trustworthy are doing quite well the last time I checked. Over the last 2 years, the community has lost roughly 30-40 million coins to scammers who came to the community advertising their assets, only to run away with the funds after the first payouts (Lenore and IncomeAsset are two scammer examples) so I hope you would understand the community's reluctance if they are not spending on assets as much as desired.

I talk of miners from an adoption point of view as they tend to stay "loyal" to the coins they mine for a lot longer than speculators. Burstcoin has the tech, it has the devs and it also has a strong technically minded community however, we do lack in awareness, Crowetic is working hard to change that and it is  already changing as we seem to have added no less than 200 forum members and miners over the last 4 weeks.

Miners are also important when it comes price as the price and the difficulty tend to positively correlate. They are investing in the coin through buying extra TBs which makes the network more secure and that adds value to the coin which will ultimately be reflected in price.

Some would view burst as a currency and hence they would look to spend it and some others will view it as a store of value and hence hoard it. I see no problem with either approach.

Burst will gain in value because of increased levels of adoption and through investments in its infrastructure and technical development and for that I have to thank the team because they are doing an amazing job considering the circumstances. Donations from the community help tremendously too, both in terms of development funding as well as developers morale.

So in light of what you just wrote (and many points I do agree), how do you think Burst will increase it's Market Share if 1.4+ billion coins are in limbo and being hoarded?  What will be the case in 2.5+ years or less when 2.1 billion coins have entered the network and effectively being hoarded as well?

Are you separating the two?  Those who see Burst as a Cryptocurrency and those who see Burst as an Organization that offers Decentralized products and services to various industries? 

The plan with my launch of the 'decentralize your world' campaign, is to put BURST into a category of its own. Making it a coin by nature, but also an extremely valuable place to host all of the current features of the internet, in a decentralized and secure fashion.

With the starting of the BURST cloud, that will be one of the many interfaces with which to make use of this decentralized system.

With the addition of QORA to the team, and myself taking over leadership therein, pending a few administrative modifications, there is the reality I've been looking for in decentralized web hosting and WebRTC.

This will get us much closer to our end goals a lot faster.



Soon, we will also have a way to do decentralized file storage. Once we get THERE, then the decentralize your world campaign can truly be pushed hard to the face of the users.

With this, comes the realization that decentralization is the only truly secure way of the future.

We have our new communication platforms, file sharing, collaborative document editing, and much much more, that can be pushed to a fully decentralized platform, leading the way of the future of the internet.


I hardly view BURST as a mere coin, for it is the future of many things, money being the least in my mind. BURST and QORA together, could truly lead the way of the future of the internet itself. The internet of the people for the people, secure, and decentralized in every way.

I know my dreams are big, but I also know that the team I have working with me are more than capable of making this happen, and that is what I will hope to see in the upcoming months.

The BURST cloud as it sits, is nearing completion, and actually functions right now, but I am not confident enough to give it to the general public quite yet, a few more things to work out. This, now, is a centralized platform, but it will be the idea for the decentralized version, using the same interface, then adding to it.


But I also agree in the diversification of your coin holdings into assets and the like, and I myself donate a ton of BURST to random events, giveaways, and promotional tools helping to get the word out to everyone. The more people that tell people their positive experience with the platform, and realize the capability of the rest of it other than the mere function of a currency, the more people will be excited by it and realize the potential to build more services on the chain.

I for one, am wholeheartedly dedicated to this idea, and WILL make it succeed.

@Crowetic Les Brown said — 'Most people fail in life not because they aim too high and miss, but because they aim too low and hit.'

So I say keep setting LARGE goals and making big dreams.  

I believe in you and share your vision of Burst.  My children's children will be beneficiaries of it. I am putting my money, time and efforts in this regards.  I can't wait for magnificent light to shine on all of our endeavors.

I leave you with one of my favorite quotes:  Ralph Waldo Emerson. "Do not go where the path may lead; go instead where there is no path and leave a trail."

Have a magnificent day on PURPOSE!
FXALTareeq

Indeed sir, that's exactly it. This is to benefit the future, if it benefits me and mine now, that's great, but that is not the end goal. I hope to have built 15+ companies all in the correct way, focused on the right things, then hand them off to capable people who will follow the original direction without sidestepping. That is the way.

The companies we're forming will make money, but they will not be greedy, they will provide services and get an adequate amount for them, they will not be focused on becoming billion dollar corporations and owning the world, they will branch out, they will help people to come to reality with the ways of decentralization and secure communication, and security with money.

Just like BURST isn't out to be a pump n dump scam coin, my companies are not out to follow in the trails of the huge companies that exist today, making a replacement that is the same as the one replaced. But instead, they will replace the bad with the good, and do nothing but benefit areas lacking in such.

This is my idealistic way of seeing things of course, but I believe it is possible, and that people are itching for a change to come, it would be my honor to help facilitate said change.

@crowetic You've talked about the Decentralize your world campaign and BURST being the source for decentralize file storage.  Sia has already done this yesterday and have released their wallet as well.  Sia is coming out of Beta after 12 months.  One thing to notes is their price structure for the service as well. BURST will need to take note of this in order to be competitive.

Also Storj is working on encrypted decentralize file storage as well.  In fact these guys are already up and running: https://storj.io/ (https://storj.io/)


Here is the link to the Sia Bets Release article http://bravenewcoin.com/news/decentralized-cloud-storage-sia-launches-version-1-0-with-full-functionality/ (https://news.bitcoin.com/decentralized-storage-platform-sia-beta/).  Your comments and thoughts on this please.  

Right, there will be some major differences between SIA's setup and ours, including a completely new algo not yet released (also not PoC2.)

The direction we're leaning right now, is not yet ready to be public, but I can tell you that it is a more power efficient setup than SIA, and is something that no one else has currently.

Also, our algo for the storage, will be even more secure than simply encrypted. Therefore there is absolutely no way for anyone to be blamed if somehow content that is not appropriate, ends up being stored there, though that will be against the agreement obviously.

More detail will be soon to come, but I think we'll absolutely have a good chance at giving SIA a run for their money in competition.

 Thats true people must make use of the BURST assets , and the exchange

Yes I agree.

Investing in assets can make anyone a nice amount of money in the future. I look at it this way we can earn in 3 ways, no:1 we can earn from the monthly dividends no:2 the asset/s could increase in value which the burst teams assets have already done. no:3 the price of BURST can increase so in my opinion it's a no brainer to invest in assets.

I can see the price of BURST easily getting to 0.01 in the near future and for what they ave planned I would not be surprised to see the price at 0.05 or even higher. And then can you imagine what the price of the assets will be??? they could be worth 5x the value that they are now or even 10x anything can happen once people out there start to see what BURST has to offer. BURST has been around for a while now but you can say that it is just getting started lol

Would be nice if the price will raise. I like this coin and I am mining it for almost 20 months now.
Sold some BURST and everytime I bought them back for a higher price : )

But do you really think it will reach 0.01?

0.000001 or 0.000005 yes.

But 0.01 would be a little bit "too much" I think.

Of course I hope I 'm wrong.

I believe it will rise in the near future, just think of BURST as a long term investment. Instead of selling your mined BURST coins why not invest them into the assets and earn even more on top of your mined coins in the way of monthly dividends. Also if you get in early you can make some good money buying and selling assets. I prefer to hold my assets for the dividends but everyone is different. Yes I do believe that one day we could see 0.01 with the maximum amount of 2 billion BURST coins @ 0.01 would see a marketcap of $20,000,000 which compared to another coin with close to 9 billion coins and is in the top 10 @  $ 61,761,510 (NEM) so as you can see BURST is well off from that mark so yes I believe it can get to 0.01 I hope people can understand what I am trying to say here.

You're speaking in USD right?


In satoshi I firmly believe that the true value of BURST as it sits right now, is 2500 satoshi, half the price of NXT which it was cloned from, and has double the supply and a lot more features.

The only reason I can see it being the price it is now, well, two reasons...

1. Since the mining doesn't cost much, it is easier for miners to make profit at pretty much any price. (Though the reward is dropping, and I see miners not wanting to sell at such low prices here soon.)

2. Not enough exposure yet. - We hope to fix this with our BURST Smart Contract Hacker Challenge that we will be launching soon. As well as getting some more big money people paying attention to the potential in BURST. Once we've done these two things, I don't see a reason why BURST shouldn't hit 10,000 sat. Or more.


When we get the market cap high enough, we already have plans for much larger BURST assets based on some serious developments in the future. So we're just working on getting that market cap up in order to make these things come to fruition.

But now, we have other projects in the works that will surely help the market cap, and will be doing more PR and marketing campaigns to get people paying more attention.

My goal is to make BURST the first mentioned when talking about Smart Contracts, because it was the first coin to have them in the world. Sadly, no one brings it up when discussing smart contracts...

The only reason that this happens, I think, is because we didn't have a lot of funding at the beginning to get the Marketing done, since the release was totally fair, the team got no more a chance to get coin than anyone else. The team was simply formed from some dedicated community members, then made more 'official' here recently.

You're right about it just now getting started, because the team has some funding now, a few very beneficial assets, and an amazing group of people wholeheartedly supporting the project, and more joining all the time. Things are going to be VERY interesting here in the near future for our beloved altcoin. Personally, I'm very excited about all the stuff we're working on right now, and can't wait to see what happens when the world sees it and takes notice.

Thus far, every person I've showed the coin to, has been in awe of the development, and gets into the coin. This trend shall continue as more and more people take notice.

Here's to the future of BURST!

Hey crowetic,

Yes I am speaking in USD lol next time I'll be sure to put the $ in front.

I agree with everything you said and that is why I believe BURST is the best investment anyone out there can make right now. Even a few hundred dollars could make someone a nice amount of money in the future. Even if someone invested into the assets last month they would of 2x and even 4x there money in just a few short weeks. I have so far got 2 family members into Burst and into the assets and I'm working on a few more people I know to get in now before Burst starts to take off.

I also agree that Burst can easily reach 10,000 sats. I'm so excited about this coin and the huge potential it has to become a top 50 or even a top 10 Altcoin in the world. I know Burst will get into the top 100 in the near future which would be a great achievement.

As I keep saying on this forum to people think of Burst as a long term investment and don't worry about the price at the moment and to invest the mined Burst into assets which earn monthly dividends and also increase in value. Slow and steady wins the race I know truly believe that Burst will get there. You have my support crowetic and dev team. Every week I promote Burst on Twitter and also word of mouth so if people listen now they will benefit greatly in the future.

Keep up the good work your doing crowetic and dev team!

I look at burst,mining hard disk space the question that comes to my mind is why can't they provide a service like SIA and Storj using this hard disk space for providing services and getting paid instead of just mining empty space. I may be wrong because I am not a technical person but when you ask people what service burst offers they can pick one that is of real world use.

The real world use is already there, the mining is just the storage space. The real world use comes with the Smart Contracts and businesses built on top of the chain. The mining uses a TON less power than any other algo that is PoW style. The use of the space, is to decrease the massive amounts of power usage that is required with other algorithms.

BURST takes as much power as simply leaving your computer on, plus a very small percentage.

The Real World use cases come in with the Smart Contracts, and Asset Exchange, CrowdFunding, Person To Person Worldwide Market, all DECENTRALIZED. These are all run based on this 'random data' that is plotted to the hard drives in BURST mining. So the fact that the space is only used for mining, means nothing in the long term, nor for real world use cases, as BURST has a LOT of other potential use cases that are being taken advantage of with our new companies and others that choose to make use of them.



Also, in the future, a BURST sister project will be releasing decentralized storage, but it will also be done with a low power algorithm, therefore keeping us ahead of the competition in this regard.

The High power consumption of mining PoW algos is a serious issue with long-term adoption and use of coins. Solving THAT issue to us was most important, which is why the HDD mining is not focused on making use of the space. Not right now. The main problem it solves, are all of the issues in PoS as well as all of the issues of PoW, in a single algo, we believe this to be more important than making use of the space... Especially considering everything else that BURST can do, being the FIRST coin to ever have Smart Contracts, while ETH was still doing their scam IPO.

We appreciate your support, and yes, I believe that getting friends and family in is a great thing to do, and have been doing this myself for quite some time. This will be best way to grow and catch the scene all of a sudden.

I will not stop even after BURST reaches the price it deserves, building companies that make use of the tech, and decentralized services available. BURST and QORA and our other projects, will be moving closer together, and allowing the use of BTC, LTC, and any newer bitcoin core version coins that come around.

Soon enough, people will notice the fact that our fair released project has a lot more than almost any other, and all that we have is already working. The wallet is easy, everything is ready. Stage is set for a big uptick in price. We already have a lot more than most others do.


But in my opinion, we shouldn't be competing with other crypto coins, we should focus on the main objective here, replacing the current system with one that makes sense, and is a lot more functional. This is what we should all be doing. This is why we're reaching out and combining forces with other coins and teams that are legitimate whenever we can, to get to the place crypto as a whole should be, and not allow big corporations like IBM, Intel, Microsoft, and Google continue to own the world. We are not trying to replace them with something just like them, we're replacing them with something new, something better, and something that will actually help people, do real community outreach, and help provide prosperity to the world.

No worries mate and I agree with everything you have said here. Great support today in trading Burst is up over 19% for the day and is currently trading at 59 sats. The marketcap is still low at $ 540,038 so there is plenty of room to move. I purchased another load of Burst from the profits I made on Monero. One day it will be Burst's turn for a 50% increase in a 24 hour period.

So there is what chart are saying :

https://i.imgur.com/3oTlXjE.png

Huge compression of price level with strong accumulation sign, whale are accumulating your coin keeping it low, but the beast should be unlashed soon.
buy them cheap while they are, I am personnaly thinking very strongly to do so.

EDIT: maybe actual price is not going to be to best entry point in the future, you have to choose when to buy.

Now is the time to buy before the price starts rising. Well it has been rising the past few days but hasn't broken out as of yet. I think all that will change once the PR campaign starts. I will be buying all the way up to 100 sats and try and accumulate as much Burst as I can at these levels and invest it into the assets. One of my family members just purchased a nice amount of assets yesterday and is looking at buying a lot more next week.

Great. This is exactly what I'm doing. Also accumulating a lot more power for BSilver asset.

Just got 5 370 GPUs, and multiple 24core xeon servers, also 4 480s coming in, and multiple orders for silver. 

Actually have to get more power run to my place to run all the miners I'm building. LOL first world problems.

Also going to get a new office next week for more miners. :D


I would say this asset should be one of the strongest on BURST within the next couple months, I'm very excited about it.


http://burstcoin.online - BSILVER asset info.

ASSET ID - 11249475790449858086





 

great, let's see how it pans out. this compression will not hold for much longer.

Ladies and gents, get your spacesuits ready  :D

Uhm why would we ? :D What i've missed ?

2.1B coins total and 1B has already been mined... hmmm...


Before I invest in this, any reason this coin should appreciate in price? What's the use for this?


The only reason do want to put some BTC in it is because I want to take a risk getting into something cheap (currently ~60 sats)

There are many reasons for mining, trading and holding burst, most of which have been extensively discussed in other threads and the burst-team forum, however one of the most impressive feats of this coin is its adoption rate which has been growing steadily from the beginning of the year and at an even faster rate since may. and I will give you some stats to back that up:

windows wallet downloads from 2016-06-01 to 2016-08-29: 7656
windows wallet downloads from 2016-01-01 to 2016-05-31: 1729

Number of full nodes: 2027
Number of wallets: 36409
Number of transactions: 3530733
Number of trades on Burst decentralised asset exchange: 7845
Number of users registered on http://forums.burst-team.us:4567 : +1000 (I stopped counting after 1000 was reached)
http://forums.burst-team.us:4567/ page views: 07-2016 : 272553
                                                                      08-2016:  397607
http://forums.burst-team.us:4567/ unique visitors: 2067

Network hash rate: averaging +10PB

Your statistics are greatly appreciated!

The above, plus this...

BURST to develop a truly decentralized coin exchange portal, which at first won't be great for day trading, but we will likely carve a nice niche listing active coins that didn't have the volume to stay listed on 'typical' exchanges.

Also, BURST and extended BURSTKORE teams are working on several business models which will all be fully decentralized, if not released that way. These services will provide many useful things to the people who use them, in a totally unhackable fashion.

BURST will be doing a PR campaign in which it will challenge the world to hack one of its Smart Contracts, with over 100 Million BURST coins in it, donated partially from myself, and partially from other true BURSTcoin believers.


BURST to release the 'Decentralize Your World' campaign, in which it will show the benefits of decentralization on a completely attack vector free system.

There will be companies built on top of BURST in multiple ways, from email to Decentralized person to person Marketplace (which is already in existence, but will have a nicer UI, support team for resolution of issues that decentralized automated escrow that BURST has can't take care of, and much more.)


We are very serious about our project, and so are the members of the world wide team of professionals that are dedicated to the project.


We are pitching a few of our company ideas to Angel Investors soon too, as well as starting assets and crowdfunds to get more funding for development and promotion. Promotion being the key thing we haven't had a ton of funding for until more recently.

Since the coin was released without IPO, or premine, every coin that the team has was either bought, mined, or acquired by offering a service on BURST chain, or a mining pool.


We believe this is the right way to do things. This leads to more trust, and leads to the understanding that the people working on the project, are ones who truly believe in it. Which also leads to more trust.


The team as it sits is diverse, extremely intelligent, and extremely capable. There is nothing stopping us from providing a truly world-class solution to multiple problems that we see both inside and outside the crypto space.


The Smart Contracts that BURST has, are more secure, and more rigorously tested than the ones that ETH bring to the table, and it is my wholehearted belief that the Smart Contract system that BURST has will be bringing some truly revolutionary things to the table, such as some of the world firsts that have already been completed...

1. FIRST coin to have Smart Contracts period.

2. FIRST coin to have decentralized automated lottery bulit on the chain

3. FIRST coin to do a direct cross-blockchain transfer with QORA (of which I have now also taken over leadership of the team for QORA)

4. FIRST coin to be actually MINED via hard drive space, utilizing almost no electricity, and securing the chain better than PoW traditional, and of course better than PoS.

These things above are not widely known, and we're working on that. Once this comes to the minds of the people, they research the coin, and find out that everything I have always said was true, see how things are going now, the massive uptick in users, and various statistics all in BURST's favor... you'll see the sleeping giant come awake, at this point the news outlets will pick up stories on BURST free of charge.

Until that point, we're getting more PR out there, and making sure people notice the coin that innovated so many world firsts that others are now trying to claim as their own, and BURST will get mention when Smart Contracts are mentioned, as being the FIRST to have them working, over a year before ETH did.


Thanks everyone, and a prosperous future for BURST!

I agree crowetic

Don't worry I know that BURST will become a household name in the near future and right now it's at a bargain price at just 56 sats. I've been buying as much as I can each week, I'm even now using my Dogecoins to bet with and the profits I make I sell for Burst coins and then I invest those coins into assets. Last week I made a 19,790 Dogecoins profit from betting on Football matches and I was able to sell them Dogecoins for Burst coins and then into assets. As I have said many times before it's only the start of big things to come in Burst so now is the time to get in.

i really have trust in burst... who know if we are gonna reach the high levels of 2 years ago ? i hope eheh speaking from the top of my 5 milions bursts....

Well well well...... 60 sats seems so cheap now!  :D

I think the days of double digits are behind us, I'm looking to swoop more coins between 150-180 while I can. I don't think those prices will last much longer either! Seems BURST is finally getting the attention it deserves. :)

People finally realizing that it was the FIRST to have Smart Contracts. ;) So much more too. 2017 will be the year of BURST.

I forgot to thank you guys for replying to my question... so thank you Ihasweakhandz, vella85 and  crowetic

iam not believed burst coin
last week up veryhigh this precentage

is there any good movement to wait again guys i just got in here because i was curious how the price went up like this 2 days ago can somebody give some insight again with the price speculation if how much it will go up or down so i can place good position. thanks

if you can make a good profit with burstcoin, why not? this is what i am think when i am starting to trade in bitcoin and altcoins because i am not a big fans of any coins so if there is any good chance to make my bitcoin grow, i will buy and sell it to get profit.

But not with Burstcoin. The bubble already popped and is deflating.

Train left station, as we all know it would  ;)

If you think that over 3x higher than it was about a month ago, is bad... I'm not sure what to say about that.


Everyone who trades knows that the pumps lead to a downtrend and then to another pump. This would be the time to buy in anticipation of the next uptick. IMO.


I've bought from 125-150 and will continue to do so.


The company I'm working as CTO for will start using BURST and our other coins to do worldwide money transfers of large amounts in the near future, and I've also got a meeting on Monday to bring in the first brick and mortar company to accept BURST as payment. They've never accepted anything but cash in over 40 years of business, so it's a pretty big deal for them.

Here's also, a new PR video for BURST - https://youtu.be/b1cF_a9kSbE

I wrote the music for it, and will be starting a CrowdFund for more videos like this in the future when I get back from my errands today. Thanks!


here's to the future!

burstcoin trading is open on livecoin.net

"Dear clients, new market #BURST/#BTC are available for trading #livecoin "

https://twitter.com/livecoin_net/status/780335319359098880

https://www.livecoin.net/en/trade/index?currencyPair=BURST%2FBTC

This is good to see Burst on another exchange site. The more exchanges Burst is on the better for the coin and gives people more options to buy and sell Burst coins.

Burst is holding strong at above 100 sats which is good to see and that's what I was hoping for. Once more updates and developments are released will see the price rise some more and maybe this time it can hit 200 sats and hold at that price. The future looks bright at Burst and it's still a good buying opportunity at these low levels.

Consolidating in a rectangle pattern right now, hope we'll escape that upward and not downward (otherwise we probably will go back to 60sat). I can post a picture if someone is interested.

Lets see your pic

Absolutely agree. There is a large increase in the network as well. Mining power increase also. I haven't even started with my next massive project... heh.


I'm going to be building a 2-3 PetaByte BURST farm, and likely offering hosted mining, that will come later but the farm will be built to back BSILVER asset and other assets that I run, as well as to support the network and help beef it up to make 51% attacks much harder.


I'm in contact with a mathematician who will likely be working up a whitepaper for us so that we can get into the eyes of the super-techies as the stable awesome project that BURST is.

Also, some truly amazing developments on QORA side of things as well. Excitement about that for sure, I'll post more about that in the QORA thread.

https://i.imgur.com/YgYdpTi.png

Here are the boxes, the smaller one is made of what I would call lesser degrees resistance and support compared to the bigger one (don't consider the green one, is short-term oriented).

It traded at that price today and is still holding a better price than what was shown by OP when this was started...
I think this will increase the possibility of this coin seeing new highs as it is an awesome concept of mining coins through your HDD space and I see more chance of it to reach to even 1k sats in no time...

that is also what i believe mate i can see big potential coming from this coin the new way to mine and the movement coming from community supporters in no time the price will jump high again and im just placing good buy order little by little to make sure to hold more when the rise up start to happen, good luck OP and the dev of this  coin.

I agree with both of you guys I am pretty bullish on Burst, I don't think we'll exist the triangle south.

But still can't bit the market, if we exist south i'll sell mine and buy them cheaper (once again not expecting that outcome, but market > my feelings)

I would be extremely surprised if we went down at all, I simply don't see it happening. Though, I couldn't say I'd be upset, because I would be right there with some more BTC to pick up the cheap coins. ;)


Starting a massive mining operation as a joint venture with the new company I got appointed CTO for, we're putting together the plans now, I plan to build 2-3PB farm to back multiple assets including  BSILVER, ByteEnt, BURSTeam, and more.


But yea, I think the prices now are likely the ones I'll end up buying at here in a few days when I get myself some more BTC, because like I said, I'd be very surprised if the prices went down.

Totally agree with you on the analysis. But as trader (not investor) I have to keep being agnostic. As an investor, I would definitely buy some more in that zone.

Burst seems very bulish and with good buying support.

Its been ranging mostly between 115 sats and 130 I think within the next 12 hours is going to dip to the lower level to test it then if it holds will be back up to 145 sats to retest that level again.

Thats my 2 cent prediction ;)
 

Predicting price level is already hard enough, I advice you to avoid adding difficulty with that adding time windows.

I´m having fun and profits trading Burst thats all I need.
Let´s see how it goes troughout the day.

"Time windos" are a very important factor in trading otherwise I could just say, "Burst will be a 1000 sats"   ...and maybe one day I will be right.    :) 

Well your not the only one who believes Burst will maybe one day be worth 1,000 sats. I also believe that one day Burst will be worth 1,000 sats and maybe even 5k. The dev are working hard behind the scenes and I feel that soon all that hard work is going to pay off in a big way. As I have said many times before here this is only the start of big things to come and now is the perfect opportunity to get in before Burst starts taking off.

Hope you haven't trade on your 2 cents predictions timewise  ;)

Don´t worry about me,
My "2 cents prediction paid off". Bought it when finally reached 114 and sold it 129 sats:

2016-10-02 00:50:15   Buy   0.00000114   
2016-10-02 10:52:23   Sell   0.00000129

Was a nice spike that day.  :)

I totally agree with with you.
The more I learn about Burst and the team the more I believe so.  ;)

Hi queenmountain.  Guesses where BURST will be 2, 5, and 10 years from now?

im seeing a flash crash very soon

Damn you sold the bottom and now you hope you'll get in at that price ... SFYL

What is the all time high of this coin, someone told me is one of the most efficient coin I can mine because it only require my free hard drive to mine it. I am looking for coins to play with

Try here - http://www.burst-team.us/ for questions.

Not sure of all time high but Burst has been building momentum the last 6 month or so.  And yes, just need space on hard drive to mine. 

I wonder if Burst can be mined with a laptop or does it have to be a desktop? ???

You can do with a laptop.  Obviously the more free space you have on your hard drive the better though.  

There will also be a way to mine on your smart phone.  I'm not sure why more aren't mining this coin?  

that's the good thing with this coin it will not burned your pc its used your hardrive just wondering too why the price are really sowing good stand that's why i went here i got some few earnings coming today because of buying some of it yesterday for only 117sat and now its really moving well just needed to make another good entry position.

One of the best things about the coin, is you can literally mine it on any hardware. Including a raspberry pi, android devices, etc. There are many VERY low-powered mining options available with BURST's HDD mining algo.

It's going good.i shall start mining burst

Any pool for mining burst?

Here's a list over all pools: https://forums.burst-team.us/topic/1109/list-of-all-pools-overview. Please join us in the forums, you will be able to keep up-to-date here, and ask any question you might have.  :)

I got my first payment for mining burst yesterday.
Only about 25 coins, but I only have a very small hard drive set up right now.

Burst is definitely very interesting.
I actually hope one of these alternative mining methods catches on. It's good to have competition and innovation when it comes to cryptocurrencies.
We should definitely be exploring "green" mining methods since not everyone can build a huge ASIC mining farm in China.
Low power mining would open up a lot of new possibilities.

there are a few facts that are speaking for burst. but the best is its every energy efficient.

Burst price soon will climb to the moon :D
The community is very friendly and solid, check it out here http://forum.burst-team.us/

and it will make some changes to investors prospective i guess we just needed to make more advertisement about this coin and allow the community to know more about it price will be easily to pump up because a lots of things can be offer regarding to its uses so its really just need good help coming from its community.

Surely it will rise allow with the difficulty in proportion ? Anything over is money made. It looks like not a going to take longer and longer to reach break even point. Is was at one stage only 8 months now its heading to a year or probably over. I still think for the long term it is a good investment though.

What's the break even point ? do we have website with those data?

break even point is when you got reveneu in equal amount with the capital you spend
https://en.wikipedia.org/wiki/Break-even_(economics)

I meant what's the break even price for people mining with their hard drive

the way I usually tell people to start out, is by using free space they already have. So instead of the space sitting there doing nothing, it starts bringing some coin in for ya. At this point you're not spending anything out of pocket to get started, and just starting out already mining at a profit.

Of course, once someone does this, they will usually find the addictive nature of hard drive low powered mining, and decide to purchase some further drives... at which point I'd say, 'well, the other great things are: there's great resell value in hard drives so if you decided you wanted to stop, you can without worrying about any losses, and BURST algo uses the drives less intensely than simply using them for storage, so you can mine for a year, then sell the hardware for slightly less than you paid, if you get a good deal, I've seen it where you can literally buy drives, mine for two years, then sell the drives at the same price.'

Yes, I've actually done this when getting good prices on hardware in lots or whatever...

Now, compare this to ASIC miners... purchasing hardware, worrying about difficulty and new hardware coming out, using it for the only purpose it can ever have, then hoping to hit ROI and be able to sell them at less than 1/8 of what you paid only 6 months ago...

There's no comparison. Just a thought. ;) but yea, I may be a bit biased. Though I challenge anyone to prove me wrong!

Crowetic -  the HDD mining seems like such a unique/user friendly feature.  Why do you think BURST hasn't captured a bigger market share to date?  

Let the time make its work, for the moment dad is angry, so no one would take more market share ;)

Any update when the Android mining function will be officially rolled out? 

Wow Burst up almost 15% right now!
(Not even taking into account the rise in price of BTC.)
Any news/ developments?

Burst for me is a big discovery,I have been to to many altcoins but I'm not mining any of them via pow all my coins are pos algos but the discovery of Burst made me want to mine I'm planning to set up my mining rigs,it's not actually complicated because you're going only to use your hard drive to mine Burst.

Thought I'd revive this thread a bit, because there are some interesting things coming for BURST, which I think will make people very happy.


What does everyone think about BURST in 2017, I for one, though biased, am very positive :D

Care to be more specific on what's coming in 2017? 

Yes please post any links/ news if you have them.
I've been accumulating BURST when I can, buying on exchange and have a small mining setup running.
It is a well-developed project for a coin with such a low price. Definitely worth investing a few dollars IMHO.

I have told everyone that I will not be doing any more pre-announcements. But There is a video that I did recently with mention of a few new platforms that I am having built now, that are almost complete.


There is much more, that I will mention more when it gets closer. But it's going to make people very pleased, I'm sure.


I've also got some very big partnerships that I'm forming, and new assets coming to the market, which will have not only a solid return, but also a price-supporting mechanism by default.

New features in the wallet, new sites with exploration for assets, statistics for assets, and a new site that has that and more for specific assets.


Promotional campaigns, and more how-to videos, and simpler interfaces are also on the list of things that are being done now. I will post more information when other things are finalized and being started.

Sounds great.  Thanks. 

You're going to kill your hard drive mining burst. I burned out 2 external 1TB drives, good thing they were under warranty.

After that I stopped mining burst since you're mining pennies unless you invest in 60TB or more. Its just not worth it, cheaper to buy the coins outright.

Sounds like you got a bad hard drive.  I've been mining 12 TB 24/7 for about the last 4 months...100k coin approximately.  Not a single hiccup.

Thanks for the update crowetic.
I really like this project. We need people thinking about topics like low-energy mining if we want to advance crypto.
There are so many topics to be explored in this field. Bitcoin is only the beginning of what is possible.

The asset exchange is a money making machine. Burst is supeeer undervalued right now. 300 sats by the end of 2017 at least

My newest asset just got listed on coinmarketcap :)

http://coinmarketcap.com/assets/uniburst/




Also, if anyone hasn't seen the asset explorer... http://asset.burstnation.com

you should check that out as well...


Right now, it's got a few compatibility issues, only works well with chrome and chrome clone browsers, and it's not great on mobile yet, but we're getting there. :)



We're trying to keep the Asset Exchange as 'clean' as possible, by being as transparent as possible both with the assets that we manage, and the findings, with proof, of other assets that we think could be a little ... I guess, 'on the edge' of legitimacy?


But yea, BURST is extremely undervalued :)

The best burst asset !!!
https://www.burstnation.com/wbb/index.php?thread/524-asset-normal-release-now-going-on-uniburst-the-burst-universe-asset-crowetic-man/&pageNo=18
Im in on all my burst 740k !
The promo video
https://www.youtube.com/watch?v=CR1CtDGLayY&t=12s
payout
https://www.youtube.com/watch?v=0OXpYiJzsls

The support is greatly appreciated. I'm surprised at how quickly the initial release is selling on this asset, but I guess I shouldn't be... after all, it's going to be absolutely MASSIVE.


I've got some awesome ideas for the growth of this asset, and still plan to keep the ROI % VERY high throughout its life.


2017 is going to be a fantastic year, come along with us, BURST, and UniBURST asset, among many other awesome assets, and enjoy a fantastic and profitable 2017 and BEYOND.


Thank you to all who have joined BURST and our wonderful community. We will not let you down.


I've just become a legendary member here at bitcointalk, and I have always maintained a spotless trust rating. This is something that I plan to continue for the foreseeable future, and continue providing long-term, stable, growing, and profitable assets, BURST services, promotion, development, business relations, and community growth.

I've been full time crypto for just over a  year now (I think...) and it's my dream come true. I highly recommend it to those with a lot of dedication and perseverance, break free from the ties that bind in the typical system, and come to the freedom that is working for youself, controlling your own financial future, and providing the new era of financial management, communications, and various other types of decentralized next-gen computer applications.


Thanks everyone, hope you have a great rest of the year, and enjoy the fruits of the BURST team and community's labor, and we'll all celebrate together in the near future!

I definitely need to get a pile of uniburst before the price gets to out of hand lol

I hope you ended up getting some UniBurst assets as the price did start to increase but now someone is selling some cheap just before the dividend is paid in the next day or two. This is a must have asset in anyone's Burst asset portfolio as it's only going to increase in value and also increase in dividend payments over the long term.

Also I believe 2017 is the year Burst starts to take off and now is a great time to get in on this before it starts to explode. And Burst Nation is the place to be when it does,

I've been watching this coin for a while now and it seems way undervalued for its tech innovations.

Glad the price is starting to pick up even on low volume (but steadily increasing) - 126 satoshi now. It looks like a bullish flag. If we break 130 satoshi the FOMO might kick in and we may see 200-300 satoshi levels once again.

EDIT: Price already up to 142 satoshi on Poloniex, with relatively low volume of only 67 BTC. Looks like accumulation before another bull run.

Not to mention, we now have 6 developers working a fully revamped wallet for the next release, or the one after that if we decide to push small fixes first. There's a lot more coming as well. :)

I'm so happy to finally see the price of Burst start rising now at over 150 sats and has been holding steady above 100 sats for many months now which we haven't seen before. To be honest this coins value should easily be around 500 to 1,000 sats for all the developments that have been released and with many more to come this year. So even at it's current price it's still cheap and affordable to buy for new investors. Anything under 0.01 USD for Burst is a steal in my opinion and people will look back and say I wish I got in Burst when it was at 150 sats. 2017 is the year that Burst finally breaks out and becomes a big name in the crypto industry.   

let's retest previous high ;D

And I think there will be a time .01 USD for BURST won't be seen as the ceiling but still extremely cheap for this coin...I think it has potential well beyond that. 

Really cheap still. I think we could be at 300 sat in a few days.

with most of the holders and supporters believe that the value still cheap big possibilities to reach that price next week
better to buy and hold and try to accumulate even more while the train is not yet done moving.

I agree 300 sats is looking good now once we break 250 then I think 300 sats is a huge possibility and then there is no knowing where the price can go. I still think we will see 0.01 USD some time this year as look what XEM is currently doing with circulating supply of almost 9 billion coins so anything is possible with Burst.

Many people are expecting big growth in Burst coin but still, it is not moving more than 250 sats also. Maybe in coming days, the price of Burst coin will reach too high because there are many people who are targeting Burst, last night we have seen how Pink coin moves from 200 sats to 1460 sats.

It's only a matter of time in my opinion before we see Burst reach 300 sats and more. I prefer slow steady growth just like what Burst has been doing ever since it was first released. I agree that Burst could have moves like Pink coin did but that was more of a pump and dump, so a steady increase in Burst and then a pull back is fine with me as I buy more on the dips and just wait for it to go back up which I'm sure won't be too long. And soon people are going to see Burst steady growth and jump in before we see 1,000 sats.

Massive pump going on on Polo right now. Moving towards the old ATH region.

Moon indeed. Prehaps 1k soon.

unfortunatly even like now i just saw it on poloniex its 750 sats a coin like almost a 2 cents a coin you can only get 10 dollars per month over a 1TB soo its still not too shabby like back into 2014

I'm hoping for 1k sats soon for Burst as that's where I believe the price of Burst should be valued at. It's well worth it to mine Burst as it's cheap to mine and now that the price is rising, people mining would be making more profits. And soon it will be accepted by Bitsler one of the top gambling sites that accepts crypto currencies. This could see the price go past 1k sats.

Right now holding and buying is the best option for Burst because still, there is a big chance that the price of Burst will increase to more than 1000sats at one stage. When compared to potential there many other things and chances are there to reach 1000sats.

Yeah I agree with you on this as Burst has been rock solid at around 600 sats now for a while and at any time can shoot up to 1,000 sats. Right now we are just mining Burst and not buying as we already have invested a lot of BTC into Burst and just want to mine for now but if the price does dip below 550 we'll be loading up on some more.

Well it seems to get a little quiet here.

I bought 10k on 0.00000814.

Maybe it was a little bit to high at that time?
What do you think are we getting in one year?  ;D

It will reach to more than 1000sats don't worry about it because once bitcoin settles the price of Burst will automatically move up words. Already it touched nearly 932 sats may be next target more than 1000sats. It may happen within a month or so.

It will reach 1000 Sat by end of 2017, but the reasons are completely different than what you lay out here.

The pump to 932 Sat was something ... not sure if orchestrated or by the oblivious market. In any case it had no foundation in anything BURST offered at that time. The infrastructure was broken, wallets had lots of potential security issues and - inevitably - got squashed away in the July spam attack, so that the exchanges had to halt BURST trading.

If you think about it, these 900+ Sat was completely oblivious and I tend to believe that's what markets are: completely oblivious.

In any direction, because as unjustified-high Burst was before the July attacks, as unjustified-low it is now.

Network is stable and robust as never before https://explore.burst.cryptoguru.org/tool/observe (percentage of valid nodes in July was like single digit...), we do have a true mobile wallet now https://play.google.com/apps/testing/org.icewave.burstcoinwallet, a better main wallet, easy-to-install for Linux users: http://package.cryptoguru.org/
And even for Windows-Noobs:
https://forums.getburst.net/t/windows-cg-burst-wallet-launcher-released-the-most-stable-wallet-for-windows-users/608

In general, for about 6 weeks, BURST is gaining tremendous development momentum. And it's not just another crypto. It is the only crypto using Proof-of-Capacity for mining (transaction confirmation). And no, storj and similar shit doesn't count.

So yes, BURST will reach 1000 Sat - I believe even rather quick by the end of 2017, because it is right now ridiculously undervalued (conservatively I would say it should hover at 400 right now) and should FOMO kick in - hell knows what price we may see.

I think it's time to buy BURST now and believe have great news in next few days

Some volume have started coming back in Burst showing that there are whales starting to buy in again. The buyers of the latest pump to BTC.00004 doesnt look like they will sell their holdings at this time, so Rico's forecast might hold true.

I am not as optimistic as him but my hopes are high. My own prediction is BTC.00005 per Burst by the end of 2017.

I am looking at the price of Burst in Poloniex, and your claim of reaching BTC.00001 by the end of this year is becoming harder to believe as the price is decreasing almost everyday. Can you tell us what you know that would propel Burst to fly over BTC.00001? ;)

This article (https://www.burstcoin.ist/the-pocc-roadmap/) is hinting that you know something.


 

I'm eager to know what plans there are ... but in the end, it's no guarantee for the price. It could be the most awesome innovative feature, and people don't notice. Burst with being the first currency with smart contracts is a perfect example.

I stocked up quite a bit, since I think Burst is at rock bottom. The upwards potential is huge. But I won't be surprised if it goes the other way.  ¯\_(ツ)_/¯

We should have faith in the PoCC. But giving you another perspective, Burst is still very undervalued compared to the other top 100 cryptocurrencies. It has been around longer, more development is done with it and therefore its more mature.

Most of the ICOs and tokens above it in value are still very young and they are also in a legal predicament. Burst has no ICO and premine, and that makes it a better investment with more potential to go up once more bans for ICOs come in.

The future is bright! (^̮^)

I really love the coin . It is only coin which can be mined with the HDD. I thought(still think that) the future of the coin is very bright so I brought it when it was 800 satoshi / Burst.  But the blockchain of the coin was attacked and the price of the coin dropped down quite a bit after then. still the price is very low . Hope that the coin will be start increasing soon.

Hi Rico. Forgive me for doubting your projection of BTC.00001 for Burst. Its now very close to impossible for that to happen. But thats not a real concern for me. I still believe in what the PoCC is doing. What troubles me is this could have a negative impact on the miners' sentiments, and some of them might start leaving.

The holders should start mining and should be willing to mine at a loss for the sake of Burst's security.

As a mining newb, whats a good brand for a hard drive and how many TB should I get?

https://news.bitcoin.com/2018-bitcoin-price-tim-draper-unlikely/

In 2016 Tim Drapers prediction (made 2014) that bitcoin would reach $10000 in 2018 "still seemed unlikely".
With Bitcoin scratching at $6000 - does it still seem unlikely? I don't think so.
Should Bitcoin crash to $2500 it may seem unlikely again.
People are short sighted in general. (And those who aren't become millionaires or better)

That being said, I do agree that at the moment 1000 seems unlikely. When I made that estimate, a Burst for 1000 Sat would mean for Burst to have 40% of the MktCap of Nxt, because I believe Burst should - by the end of 2017 - be at 40% of Nxt value. It's still hovering at around 20%.

With BTC rising significantly and Nxt being deconstructed in favor of Ardor, 1000 Sat would bring Burst at the moment to a MktCap of 200% of Nxt and that is actually 5 times my original "prediction". Simple math makes my prediction 200 Sat "at the current market situation" - which as you can see is way less bold than how the numbers, that have developed meanwhile, suggest.

HOWEVER,

with Nxt being deconstructed, I think it is necessary to leave that currency behind and focus on its successor - Ardor. As Ardor is considered "A Nxt that has reinvented itself", Burst is reinventing itself right now too. People just do not realize, because its keeping the name. I think 20% of Ardor MktCap is an equivalent, modest and realistic goal for the End of 2017.

Hint - in case the fellow reader hasn't noted:

We moved our goal upwards, comparing Burst with a way bigger currency now.

For the sake of accuracy: Nxt isn't deconstructed. It stays as it is - and will get any features that can be transferred from Ardor.
Ardor has a different architecture, so there is room for both - though you are right that the focus will be on Ardor.

As such though, I haven't seen yet the plans for Burst that would be a similarly big change in architecture as Nxt -> Ardor. So I find the 20% cap prediction a bit much. And you're shooting for a moving target once again. Ardor has been moving consistently upwards, and will IMO continue for the coming months.

I mean, your word in god's ear. I'm betting on you and hope it will all work out. Do you have word on what the plans are for the mining? As I mentioned in the other thread (https://bitcointalk.org/index.php?topic=731923.msg22931640#msg22931640), if the inflation target stays the same, and the way the mining works, then the plan is not sustainable. Some additional special use case would be needed, so that (as you mentioned) fees can pick up to keep mining profitable.

Rico, the price looks good to buy now with the new found stability at the bottom, and the sellers may have run out of coins to dump. Would you advice investors to start buying now or will we see more selling pressure coming?

All the development is very encouraging from my perspective, I hope some big investors start seeing it.

ditto.


I see you are one of the (many) people who rely heavily on being told plans for something to be able to judge the future of this something.
I am sorry if the PoCC has to disappoint you. Neither do we discuss nor announce our plans. We chose a mode of operation to present things when they are ready.

Of course we do have a GMP, and its far beyond the petty thinking quoted above.

Can you give us a clue of what the GMP is? The mystery is giving me ulcers.

If I were to guess, the GMP includes a partnership or an enterprise alliance with a company that wants to have its ICO in the Burst platform. Am I correct?

Okay although this thread is old, but i am going to give my Point here

So currently Burst is like what, around x8 below of its peak price at 800 satoshi

It is now at 100 Satoshi, 2Billion Supply

Working platform, Mainly to deal with Assets type coin.
Proof of Capacity

Nothing is wrong with the coin, it could be something but the previous chain stuck and old member leaving turn the price down

One of the Pioneer Member claim "I fully believe the algo is able to be exploited", well i am non technical guys but hes call might be true , Source: https://bitcointalk.org/index.php?topic=1323657.msg19868944#msg19868944

To make Burstcoin good again, it will be "The only way BURST can survive, is by total re-build."

Or else, Burst might goes low and low.

There was no proof that crowetic's beliefs are true. Rico666 has already replied to that exit post, which I will quote below this post, when I raised the same question in the Burst ANN thread. Every flaw and issue crowetic has raised have all been fixed by the PoCC. But thats according to rico666, and I am having faith in what he said.

But a debate between crowetic and rico666 would be needed to close the issue.

Burst is finally fighting to get its real market value. I hope we see it among the top 50 by the beginning of next year and then move on to be on the top 20. I heard something that an announcement from the PoCC is something the community would like.

Wait for an announcement from rico666. There will be a new whitepaper and of proof of concept code released before Christmas.

Burst had a big move today, then I tried searching for any news on why it's moving but I cant find anything. So let us speculate.

Is Burst's move

• A reflection of all the work done on the code by the PoCC?
  
  
• A mere pump and dump?
  
  
• The start of a moon ride to $1.00 per Burst?

It looks like that I may have gotten excited too soon lol. I bought some Burst thinking that this was the time to reap the rewards for all the work done by the PoCC and its supporters.

To non-Burst supporters, from an outsider's perspective, what are your opinions on this coin?

Well, maybe it was a big move - but it's just soo much room to recover from old heights. So I think it just moved back a bit to where it should be - it is way undervalued, even if we take the slow months into account.

It's a risky coin, with no public plan to rely on. But that makes it a good gamble, with lots of up-side (if things were sure, the price would be high). I just look in the coinmarketcap range and I see soo many dead coins there. Burstcoin definitely doesn't belong in that graveyard. So my opinion: Decent bet mid-term to stay horizontal, maybe tick a bit up. With an above average chance to break out substantially if solid good news comes out. But it can all go wrong too.

Did you see the latest tweet from the PoCC? They have a big announcent coming before 2018 ends. They said it was big, as in Elon Musk's Big Fucking Rocket big.

I wish they didn't try to set it up like this. It may end in disappointment.

Hope you mean 2017 :D
But no, I can't find that tweet. Maybe deleted? Pre-announcements never go well ... see the recent Neo apology :)

Burst is a BFB* (as in rico666's BFA  :D)

*Big Fu**ing Buy

Yeah sorry. I meant before 2017 lol.

Here's the tweet in question PoCC Big Announcement Teaser (https://twitter.com/PoC_Consortium/status/935040430273593346). It wasn't deleted.

I also share your concern with pre-announcements. Remember the last "big" Burst announcement? It was just an Android wallet lol.

Having a well functioning Android wallet is pretty neat though. :D Must have been quite some work.

Yeah its nice to have a functioning Android wallet lol. But its not something big like how the PoCC tried to hype it to be. Was that the time when the market started reacting positively then the trend quickly reversed when the big new was really just the Android wallet?

They should learn from the mistake and try not to disappoint next time.

Bumping the thread for more Burst price discussions.

Where do you think will Burst be by the release of its latest and biggest upgrade called Dymaxion? The price appears to have started to burst forth. Pun intended lol.

Now you really start pissing us off. One more "disappoint" from you and we'll show you (as in you personally) what it means to disappoint.

• Provide evidence where PoCC "tried to hype" it. If you can't - STFU
• Read https://www.burstcoin.ist/2017/09/18/on-big-news/
• Read - once again - https://bitcointalk.org/index.php?topic=2080040.msg25474303#msg25474303. Because if the effort we put in there results in such a writeup from you, it seems much more economical for the future to simply put you on ignore and not put in the effort.

I also suggest you stop using the Android wallet, delete it from your phone and instead of Burst focus on whatever that current sig ad campaign of yours is.

Burst price not moving at all, i though new release wallet would make it to the moon.

Not moving at all?? The price rose exponentially the last week.

Speculation: given the fact that more and more people are getting aware of the fact bitcoin consumes enormous amounts of energy, Burst has way more functionality than bitcoin, and the PoCC is doing great work, I'd say Burst rises to (at the current Bitcoin rate) 500 Satoshi's before 2018.

I would not say it moved exponentially, because if it did, it would outpacing BTC and Burst should have cleared BTC.00000150 by now.

Your speculation is wrong. The market traders dont care about BTC's power consumption. They only care about money. Having said that, we should keep rallying for the cause and promote Proof of Capacity.

I hope Dymaxion would make the people discover Burst and PoC.

You can also discuss it in Burst's subreddit (https://www.reddit.com/r/burstcoin/comments/7i3l7x/where_would_the_price_of_burst_be_after_dec_27/).

I found that theres more interest in Burst on Twitter as seen via Stocktwits (https://stocktwits.com/symbol/BURST-X). In there, I found this chart analysis (https://www.tradingview.com/chart/BURSTBTC/NZK87Cvw-BURSTBTC/). Look and decide for yourself.

But without knowing what the Dymaxion (https://dymaxion.burst.cryptoguru.org/) really is, dont buy Burst. Its risky. Wait for the announcement first before investing.

I think it is burst coin time to awake ! many coin moving up and Burst dumping so be prepared and buy some to get some good profit from Burst coin ! i think it will be 200 sat soon with in 10 days

Thanks
Regards

You are expecting too much. We dont know what the Dymaxion is. It might only be a plan on how and where to take the platform in the coming years, not an upgrade. Having said that, the Burst community might also not be happy with what they might see when the Dymaxion is revealed.

Dont buy Burst. Its risky. Wait for the announcement on December 27 first before making decisions.

I support your advice that people should not go full retard about the Dymaxion without knowing what it is.
However the notion to not buy anything before the announcement seems extreme.

If market is speculation and risk (and I believe it is just that, oblivious otherwise to the deeper information
about the objects of trade), then everyone should make some risk-assessment that would lead to some
investment between 0% and 100% of his funds.

Clearly, going %100-all-in is as crazy as %0, so please don't say 0% as advice, because that is an equally
extremist position as saying %100 (sell your house, wife, kids, but keep your post stamps).

Market analysis says upward trend. Even if there was no Dymaxion, BURST doesn't seem like a bad investment.

I'm sorry. But we know for a fact that anyone will not follow my advice anyway. My purpose on campaigning for don't buy Burst, its risky, is to discourage speculators from expecting more than what Burst is.

Another reason, we need more believers to rally the cause of Proof of Capacity. Not the usual pump and dumpers. To prove my point, look at the chart. The price is stable but going up at the same time. Thats a good and pump and dump free market.

Dont buy Burst, its risky.

Maybe a Go away, speculators! would be more straightforward then?

Hanging around in here after a long time and seeing this thread.

Shit, this looks like it was 5 years ago, it's been just one year.  :o ;D

Its not that simple lol. Maybe the correct word to use instead of speculators would be pump and dumpers. Burst doesnt need them for now because the price and volume are still low and very vulnerable to manipulation.

What Burst needs is more supporters, fighters of the PoC cause. Believers.

The pump and dumpers have entered Burst's market. This is what I hate about them, they will pump it and make Burst overvalued until December 27 and then dump everything they hold on everyone. Dont be bamboozled into their pumps and dont buy Burst, its risky and its a bubble.

This is the highest I have seen BURST, can you believe I just sold a tonne of my HDD GB's because it was so low for months, now this.. always the way right?  :-[

Well hopefully you mined a bit and you will be able to cash in on the highs?

I am positive that some of you have heard or read of John Mcafee's TWEET (https://twitter.com/officialmcafee/status/944206175100424193) about Burst. Dont believe him. Hes using his influence to pump and dump some altcoins.

Having that said, please dont make your decisions based on whats pumping. Make them because you believe in Burst as a greener alternative for BTC.

To all who bought during the high price of BTC.00000550 and up. First of all, welcome to Burst. If prices go down from here you are now trapped unless you sell and take your losses now.

Second of all, I told you Burst is risky. With the pump and dumpers entering the Burst market, its especially more risky. Dont buy Burst, you will lose.

@pinkflower

Could you please start your own "don't buy burst it's risky thread", as I will be deleting your posts from now on. I cannot make out whether you are just stupid or maliciously stupid. You have been regurgitating the same nonsense for a while now. Burst has gone up at least 5x since you began your risky advice.
Thank you

I am doing that to prevent Burst from looking like another scamcoin. We cant hype all the time and let the newbs become victims of the pump and dumpers.

If you check the price now, its on a free fall to whatever the market decides how low. There are also frustrated people on /r/burstcoin who are turning into trolls because they are now bagholding Burst.

https://www.reddit.com/r/burstcoin/comments/7mh2ia/price_drop_after_huge_news_kek/
https://www.reddit.com/r/burstcoin/comments/7miftn/pocc_is_being_unprofessional/
https://www.reddit.com/r/burstcoin/comments/7mgupa/dymaxion_was_not_sexy_enough_for_the/

They will blame anything and anyone for their losses. Thats what I was trying to stop.

Can anyone who is a technical expert help me analyze Burst's chart? Nothing too complicated is needed. Just a good basic prediction of where it might going for the next 6 months will be good enough.

Ty.

Thinking about the chart the price may increase to higher value but the thing in crypto at the same time team should develop the product which they mentioned in road map because without any progressing from the team it is useless.

Check the PoCC's Github (https://github.com/burst-team/burstcoin). It is very active and it almost looks like they are in a hurry or something lol.

The Dymaxion will release by the 4th quarter this year and I am confident they will bring it and nail it.

BURST one of the most promising projects for 2018. Do you think that can make even the X50 for a year. Very strong project with a good team. Many events ahead? stunning roadmap 2018. Expect a good profit

x50? not a chance in france. Its a good idea in some aspects, but to me it look like a coin that is trying too hard, it should try and do one thing and do it really well, and instead it is a many layers deep and confusing to newbies, making investment difficult, thus making mass adoption hard. just my 2 cents.

While I do agree that 50x might not be possible, I disagree with you that the PoCC is trying too hard. Their implementation of a top layer with added features for privacy and other things have already been discussed by developers in the past. Side chains, Drive chains, Raiden and Lightning are examples of that. Why would you think the Dymaxion is "trying too hard"? Its not.

BURST a great project I think will make many x's, but of course the train to enter lost a bit risky to go after X7.
Perhaps now will be the rollback. around 300 sat if the price drops you can buy.

Do you have some data to back up your claim that Burst will roll back to BTC.0000300, or is that just your opinion? Because in my opinion, Burst is about to make another rally again. Watch it happen in the next few days.

Big crash on Burst yesterday, following BTC and the other altcoins. Anyhow, Artmen007, we may see Burst crashing to BTC.00000300 lol. The riddle would now be, is it good to buy or should we stay away for the time being?

The Weekly Burst Report is a report published every Sunday meant to centralize and outline the important Burst information of the week.

The BRS 2.0.0 core wallet is finally released! You can download it on GitHub. I also recommend everyone to read the official release statement by the PoC Consortium. The 2.0.0 version is the foundation of the upcoming forks, a complete refactoring of the core wallet – not a single line of code was left untouched.

Because of the magnitude of this task, it appears that 2.0.0 still has a few issues and bugs here and there that are going to be fixed in the very near future with a 2.0.1 release. The 2.0.X line will continue to receive security updates and bugfixes should they become necessary until the next major version arrives.

The PoC Consortium anticipated this situation and actually asked the community to transition gradually to the new version in the release statement. “Let’s see how this new bird behaves in the wild, how it behaves when there are more and more of them.” The PoC Consortium insists that pool operators should not update yet.

Qbundle users need to wait a little more to have their one-click upgrade to 2.0.0 – it will be available very soon. It will mark the beginning of the main transition phase for the community.

The next major version is already underway : “the first commits on 2.1.0 (now the master branch) poured in, so we are on the way to 2.2.0” explains PoC Consortium rico666. 2.2.0 will be the pre-Dymaxion hard fork including PoC2 and dynamic fees & block size.

https://www.burstcoin.ist/2018/03/19/weekly-burst-report-28/

Burst might have already hit its floor and it might be going up from here. Does anyone who is good in charting share their thoughts? I know it still looks weak, but it is also showing the signs that the selling has stopped and some build up is already starting.  

unfortunately, i this market, i mean the cryptocoin market, it is not adeguate to do charting, if for charting you are meaning technical analysis.
The volume is too low.
Maybe could be ok on BTC or ETH, but not in other alt coins.

Totally agree, who the hell is still doing technical analysis on this kind of market when there are not hundreds thousands of dollars worth of volume? Came on guys, dont be so dumb.. Burst is a good coin, but it still need some time to provide a huge return.

Ok then what trading strategy is the best to use? Buy low and keep holding until it is BTC.0001 per Burst?

By the way, POC2 and dynamic nodes are coming maybe in the next 3 months. Pump it lol.

right now, i do not understand if there will be an hard fork.
i read everywhere "no hard fork" but i'm not sure.
Anyway, POC Consortium seems doing a great work!
time will tell

The will be a hard fork but the difference is it will not happen if it is a contentious hard fork. If the hard fork happens with all the miners and 85% - 90% of full nodes agreeing, then this should be considered more as an update than a hard fork.

90% of nodes are for the PoCC's plans and so are most of the miners. The update to PoC2 and dynamic nodes will happen through a hard fork without creating a "Burst Classic".

mmmmmm...
ok for the hark fork, but if it will be, there will be two chains for sure.
Maybe the old one, i mean Burst Classic, will have a value near zero, but there will be for sure!

Yeah but 90% of full nodes already are supporting the hard fork, more miners are supporting the hard fork and as far as the community is concerned, Bittrex, Poloniex and all the small exchanges that have Burst support the hard fork.

Its coming and no one can stop it. But if some of you dont support the Dymaxion upgrade, then you risk being left behind holding a worthless coin with no team of developers behind it. Dawallet and the rest of the old team are now part of and supporting the Proof of Capacity Consortium.

so I hope and expect that this will bring some good news for the investor burst and it will give a good impact for the price to increase. burst itself still in undervalued coin but have a good project and I think I will keep my burst and no matter how long, I can wait for the price. like another coin which have an upgrade to a new system, the price will increase later.

Burst will hard fork, or should I say, will upgrade on block 500,000. That will be 6 weeks from now according to the PoCC's estimates. The news was taken very well by the community and the traders. Look at them now lol. Burst is up by more than 20%!

https://i.redd.it/fj94ejnpigh01.png

I will make sure that I am ready to wait for burstcoin to increase no matter how long it will increase. I am sure that burstcoin can be like other coins which increase higher. I think if one coin is getting hard fork then it will give impact to the price and the price itself will increase but unfortunately, we don't know how much the price will increase. so it is better we watching for burstcoin closely and we can know when will the price getting up. personally, I think burstcoin can increase until more than 1k satoshi.

Not interesting coin, every day many similar coins are created and many of them quickly disappears.

Many altcoins are disappear in anytime but currently it is 33 percent positive in Crypto market so it best coin for trading  but long term investment is little risk in these kind of new Coins. Majority of the peoples are expecting quick profit so it is fit for day traders and still some peoples are believe this project so don't think negative in any altcoin.

Anyone have thoughts on price BURST, master 2000 satoshi by the end of the year?

Do you think that this is a good price for this kind of coin? If you need to pay attention to this kind of crypto currency, it is better to choose more rating projects.

Sorry but both of you are wrong and have no clue about Burst or cryptocurrencies if you ask me.

Burst is online since 2014 and it is considered one of the classic cryptocurrencies. It has already been trated many times but it always came out alive.

Now that the PoCC has taken over the development, its future has never been as bright.

The pre-Dyamxion hard fork will be on block 500,000.

https://dymaxion.burst.cryptoguru.org/The-Burst-Dymaxion-1.00.pdf


Yes and I hope more!

the quality of the project can be checked with the quality of the documents produced.
Just take a look a the pdf below to understand who this is a great team!
https://dymaxion.burst.cryptoguru.org/The-Burst-Dymaxion-1.00.pdf

The message from the neighboring branches BURST listing on https://xchange.me/
https://bitcointalk.org/index.php?topic=1541310.msg36541581#msg36541581

Weekly Burst Report #37
The Weekly Burst Report is a report published every Sunday meant to centralize and outline the important Burst information of the week. https://www.burstcoin.ist/2018/05/21/weekly-burst-report-37/

I still waiting for what will happen later with burst coin, I see the price of the burst coin is not increase significantly although it's increasing for a few satoshi. I hope that it will bring a good progress for the burst coin so the price will get the impact for this and I think maybe the price can lift up until more than 500 satoshi. but still, we need to wait for the next things that will happen and I am sure that many of us still waiting for this.

But ask if you want a fast short term pump and dump coin or a long term and slow increasing coin. If you ask me I like both. I can store a large amount of investment in Burst and day trade other altcoins for small amounts.

I really like this project. We need people thinking about topics like low-energy mining if we want to advance crypto.
There are so many topics to be explored in this field. Bitcoin is only the beginning of what is possible.

Good bye < BTC.00000300. Burst is not going under that anymore. We have a few thousand blocks to go before dynamic block sizes, dynamic fees and PoC2, mitigating the time memory trade off theoretical attack.

Burst will be as good as some of the other PoW projects, but more sustainable and greener. But we will need more support from the cryptocurrency supporters in general. I hope some more people will study the benefits of Proof of Capacity.

There are only 137 blocks up to 500.000 block, why so quiet, can have what news? :)

Before reaching 500.000 block left I think around 9 hours, wait for the pump or after passing the PoC 2 format after 502.000 block?

There will be no pump, but there will be stability. The price will not go to < BTC.00000300 anymore. This is everyone's last chance to buy before the next phase of development to the Dymaxion. There will be no buying of Bursts < BTC.00000500 after that if you ask me.

I've been doing research on Burst and have since then started mining with a humble 8TB WD HDD. All i can say is that Burst is an excellent coin that has so much potential while being so undervalued for the price it is at today. I'm also quite happy that no "sudden" pump is happening and would rather see Burst slowly grow.

Burst is a hidden gem which will unleash it's true potential as the years pass. Investing in Burst now should be a no-brainer if you take the time to research and learn it.

Well I was wrong. Burst did go < BTC.00000300. I blame the market in general lol. I can always say that this was not supposed to happen but it did. I have no excuse for underestimating the bear market.

A trader dumped millons of Burst down to BTC.00000205 in Bittrex. He must be expecting the whole Burst community to follow him but we didnt lol. Was that trader our friends from Burst Nation?

With that said, Burst did not live this long to die. What it displayed is that all the hardships endured by the project made it stronger.

Only looking at the mining: No-brainer, I agree. Since HDD mining is independent from electricity prices, the decentralization effect is so much better than POW.
Abilities: I would like to hear what your research brought to daylight that makes it a no-brainer. What can Burst do better or at least as good as others?

Hope you have been loading up on them cheap coins  ;D . My guess is that the price will hover around 260 sat for a day or a few and then bounce back up to above the 300's and then up to the 500s. If the 500's hold, The old BTC ATH will be the next target. Whoever is selling (few million plus coins) won't get the chance to buy them back cheaper. I could be totally wrong though  ;D

I am worried in the very low trading volume in Bittrex and Poloniex after the preDymaxion and the PoC2 hard forks. I hope the low volumes will not turn Burst to a candidate for delisting. Especially in Poloniex lol.

There was also one holder who dumped millions of coins in Bittrex. What was that? An exit?

Burstcoin makes it easy to exploit your hard drive, so it will naturally be more hierarchical. Normally we need a huge financial commitment to start exploiting Bitcoin co-efficient, but with Burstcoin you're free to start exploiting coin on both Android phones. There is no evidence that BURST speculation

In terms of volume, I would NOT worry about Burst being delisted, it is still well above the bottom 10 at least. On the other hand, I wouldn't be worried about Burst being delisted AT ALL, on any exchange. Burst is a truly unique project that has a real world use case and could actually be a potential alternative to different cryptocurrencies.



The above comment simply makes no sense. Report it as spam if you can.

The price of the coin slipped of course significantly, hold on I think BURST waiting for a surge. :)

Okay but what is the main reason why exchanges delist a cryptocurrency? Is it more on how high the rate of commits and pull requests are in Github?

Maybe he is talking about the time memory tradeoff attack. That attack was already mitigated in PoC2 hard fork.

 8) 8) 8)

Great, but even better if the BURST after Dymaxion hard fork lived more productively.:)

Although Burstcoin has been used for over 3 years, it is still unknown to many people. I do not hold it, but my cousin believes that BURST is great. Here is the video about the alt:
https://www.youtube.com/watch?v=7DfPCORgTLw

Many people dont know about it because the community is small, and in that small community, many are not putting in the effort to help "spread the word" about it.

But that will change soon once soon. I know there are services that are interested in Burst.

You can share your information about the near future or this confidential information will be some time?
 I really wanted this to happen in the near future, the crypto market is stagnating this year, and BURST deserves more than he has now.

Sorry but there is no confidential information, but there are some services that have queries to my suggestions on including Burst acceptance for their sites. But no positive news.

We also shouldnt be overly enthusiatic because that will make us like token scammers lol.

It's a pity until all sad to be patient until better time. :)

Weekly Burst Report #48

The Weekly Burst Report is a report published every Sunday meant to centralize and outline the important Burst information of the week.
https://www.burstcoin.ist/2018/08/20/weekly-burst-report-48/

All our patience will be rewarded in the next bull market. The PoCC has already started the engine. The Burst community has the responsibility to be certain that the car keeps running in a favorable direction.

Watch this interview with one of the earliest miners of BTC who is also a Burstcoin supporter, contributor and conference speaker, nixops.

Nixops Podcast interview (https://www.youtube.com/watch?v=wk5JTIN4t8g)

The future is bright with people like him supporting the project.

It's nice to see how BURST is going against the current right now against the background of the fall of the altcoins market, I would like to believe that it will continue. :)
0,00000158 BTC (5,23%)

Thats because there were some good news from app community development to outside business adoption this week. There may be some new investors buying Burst carefully without causing it to pump.

The investors might be themselves be the people behind the business adoption lol.

Yes you are right of course, but this year we are in a protracted fall will soon be a year since the last Pampa BURST need really very positive news and announcements for us all.

Bitcoin has decided to conquer more than 60% of the space of the cryptocurrency market will not it be as lonely as in 2010? :)

Daltonik, Burst is still going against the current lol. Do the sellers have nothing to dump anymore? Have Adam Guerbuez and his supporters sold everything they had?

Having that said, Burstnation is now bitcoinstacks.com. Good luck to them and I hope they support Burst again if its more suitable for them. The whole Burst community should work together and not attack each other.

Thank you for the specifics, I hope that BURST will reach a decent price now in the near future. :)

It will reach a decent price if the community grows to hold Burst or use it. But its hard to use it for something if theres no development behind it. But lucky for the community, Burst's spokesperson nixops has made a partnership with a company to use the Burst blockchain. But theres an NDA and at the moment nothing can be announced yet.

Having that said, it was promised to be something good.

Weekly Burst Report #56
The Weekly Burst Report is a report published every Sunday meant to centralize and outline the important Burst information of the week. https://www.burstcoin.ist/2018/10/15/weekly-burst-report-56/

It seems to me that the announcement by developers, such as gui wallet for BURST, would be much more positive on the increase in the market price of the coin than the weekly reports, which certainly are important too.

Weekly Burst Report #64
https://www.burstcoin.ist/2018/12/17/weekly-burst-report-64/

Its BRS 2.3.0 now. Everyone should update and keep every node on the Burst network together. Burst is still going strong even though the PoCC left. Their job in cleaning up the codebase is appreciated. Ty.

I hope they come back and maintain it more without adding extra features that might not work. I admit that I felt stupid for accepting without verifying that the Dymaxion would work. I felt scammed lol.

Having that said Do Your Part! Everyone Update to BRS v2.3.0 (https://www.reddit.com/r/burstcoin/comments/bbhgyj/do_your_part_everyone_update_to_brs_v230/)

Finally the sustainable, decentralised and green environment friendly crypto BURST getting attention again. High hopes from it.

Burst showing good signs even in this dip. Towards 3 cents now and counting.

Seeing the chart in tradingview is very easy for BURST to get a good price, in fact when reviewing its volume it certainly seems bullish, what is most recommended for traders is to go Long and win. It should also be noted that the BTC market is going through a difficult time, and it is likely that BTC will continue to fall and if this happens, this view may change:

https://i.imgur.com/1SiXoKN.png

Source: https://www.tradingview.com/chart/BURSTBTC/lfX8z7JR-Burst-2-Bullish-Paths-Bump-n-Run-Reversal-Bottom/ (https://www.tradingview.com/chart/BURSTBTC/lfX8z7JR-Burst-2-Bullish-Paths-Bump-n-Run-Reversal-Bottom/)