Bitcoin Forum

Prepare to be quoted for future reference.  ;)

I'll go ahead and say BURST to $1 not until 2019 (this is valid English btw).
Roadmap looks quite decent, though 'file storage' doesn't seem very optimistic or unique, there are coins that do this already.
There's potential.

BURST to $1 at $2,160,000,000 Market Cap
Need to jump from 88 to top 5 (rank).

Good luck  :)
 

Well, looking at todays chart....

I am not trying to bash it but can someone explain to me what is the point of burst? and why should I buy it?
the fact that you can mine it with HDD instead of cpu or gpu is cool but that's all it is and I don't think cool is enough,
I don't see anything that the coin itself have to provide!

Is this the latest pump coin or something?

Ah, yes another one of my holdings...

Same here I've been holding Burst for a year now however 80% of my Burst coins are invested into assets and the other 20% I have set up a savings Burst wallet where all my dividends from the assets go into. Burst is looking great right now and we might crack the 1k sats price if it keeps up. I think we could at least see 0.10 USD by the end of the year and maybe $1 in the next year or two.

I whole heartedly agree with you. I think $.10 a coin is something we could see very soon. Personally, I love burst and I still think that it's severely undervalued. I just leave a few hard drives going on solar panel and a raspberry pi in my camper and it's free money for me. I'm not complaining any. This is what sets Burst apart. It doesn't need a whole lot of network usage like storj(which I can't mine because my upload speed is total b.s. and if I mine it, I literally can't do anything else on the internet), It also uses so little power that I have it running off of a solar panel and a raspberry pi. Plus, I already had all the drives i'm using from game consoles and everything else over the years so whatever I make is completely free to me. I invested nothing into mining this coin and have been doing pretty decent on it.

Being a "Bitcoin Early Adopter and Proponent" myself, I'm actually getting more and more convinced that PoW "isn't it". You cannot have a crypto of global relevance whose supply is controlled by energy cost and whose only competitive parameters are energy-bound (i.e. how much energy you have at your fingertips and it's price, how efficiently you can turn it into hashes).

Proof of Stake doesn't convince me, because that - in fact - is a stakeholder party: You have some - you get some. You have nothing - you get nothing.


Energy-wise, PoC is reasonable and not a plutocracy/oligarchy vehicle such as PoS. BURST - much alike Bitcoin - is the first mover here.
Sure, it has it's problems and faults and other things I don't like. Like shitty software (I actually believe the software devs for BURST are plagued by autism so "shitty" definition here means brilliant on the conceptual level, abysmal shitty on the robustness, security and user experience level). It's can be considered effectively "pre-mined", because it's distribution really favored early adopters way beyond reasonable bounds.

Still, BURST today - while going into it's 3rd year - has nothing to be ashamed of if you compare it with a 3-year old Bitcoin.

Nothing is impossible, everyone we thought that Cloak coin is dead when BOB finished with him, and look at Bittrex today, Bob will definitely be sorry why he sold so cheap. So be smart and wait..I will collect some just i case, this is a good year..

With the price of burst ranging around just 0.00000880 BTC,it might take a really long time to reach the valuation you are hoping for,either it must have the demand and people have to start accepting it and a couple of new major gambling sites should accept it and then we might see some movement in this coin regarding to the $1 valuation.

How about you have a look at the weekly chart instead of taking a snapshot?

BURST went into epic pump FOMO mode on wednesday. At this rate, (of course unsustainable) it would take 50 days to reach $1.

Yep 0.10 usd can easily be achieved some time soon and even at that price I still think Burst is undervalued, time will tell if Burst can reach $1 but like I said I think it can but will take a year or two before we see that price however I wouldn't be surprised to see it happen sooner with the current rally going on. I also mine Burst with my brother and even though we don't have a set up like you, our power bill wasn't really much mining this coin so it is profitable to mine even in Australia where electricity prices are very high compared to the rest of the world. 

Undervalued it is. Still the current "rally" is more of a P&D scheme, so personally I do not expect to see anything near $1 sooner than 2 years.
Also, not only time will cause BURST to raise. It will need some advancement on the software side and more exchanges trading it.
Given the utter shitcoins Kraken is already trading, I wonder why they aren't listing BURST yet.  ;)
On BTC-e you get banned from the trollbox for mentioning BURST even.  ::)

I think that only important is that this coin is alive and have good community, also it wasn't been pumped this year. Those are my facts why we would expect this now..It is not important how good or bad this project is..

Wait, i didn't understand this as a fact, is this is a joke or what?

its interesting to understand that there's really a higher chance for this project to move forward as we see that the value keeps fluctuating and the possibility to earn is really good, just wanted to know more about mining and I will try this out after reading more info and more idealistic set up to follow.

I like burst but the community got split into two. There is a lot of drama involving the dev fund and asset scam accusations going around. Burst isn't looking as bright as it use to for me.

I have never mined a coin before but this sounds very interesting. I'd love to get started with a Raspberry Pi powered by solar energy. You could do a whole lot of other cool stuff with it. Do you have a tutorial on how to get started and what panel you are using, etc.?

It was not meant as a joke - what is ambiguous about what I said?

I didn't mean to say BURST being a shitcoin if that's what you are referring to.
I just meant that there are e.g. on Kraken coins I'd see as being more shitcoins than BURST.

And the BTC-e trollbox ban if you mention BURST is fact. (despite them having NVC and DASH)

That's absolutely rediculous. The Burst team must have done something to piss off those exchanges. I don't understand why they would drop a ban on someone just for mentioning Burst. Maybe they've just had too many requests to add it? But if that's the case, why wouldn't you want to add it and collect fees off of the trading of it? It just makes no sense.

Oh that. I don't think "BURST team" pissed off BTC-e staff.

2 years ago you got banned for mentioning Doge or Harry Potter having AIDS. I think it's BTC-e specific.  ;)

On the other hand I believe BURST should be on Kraken, although I have no idea what the decision process @Kraken for integrating a new coin may be. Maybe they are now more careful after the DAO desaster.

Almost "Year 1" and we are still so far from the target. But Burst is better than its condition one year ago. Ty rico666 and the PoCC. I hope the next time I quote this Burst will be trading by more that $1.

Not until the market goes bullish again tbh.

I think that in the near future the BURST Crypto currency will not reach the $ 1 rate. Although I can say, I'm sure that this coin will not reach this rate even after 1-2 years.

Coins that are easy to mine or have some unique mining structure usually retain value.  Burst seems to be like that, although I have to admit that I haven't been following it for a while.  Bitradio lets you mine coins by listening to one of, I think, hundreds of streaming radio stations.  The low entry higher percentage POS coins that I've been following for a while have all done well, except a few that either had no dev stand up, or a team that wasn't really doing much.  But even those might change. 

It is interesting that we don't see some more coins with Proof of Capacity algo. I mean, is there even one more besides BURST?



I'm not sure PoC is the answer to bitcoin PoW monopolized by chinese farms with cheap energy. I mean if BURST would become more popular and valuable, we would instantly see huge HDD farms, with PetaBytes of capacity, mining it.

I do not know this project well, but it does not look like it reaches $ 1 quickly. The more that ATH was about $ 0.10. It this project developed since then so much that there are grounds to believe that price will rise so much?

I think it should be able to reach this amount in the next 2years or even towards the end of next year. It is a good crypto and gradually if it gains more popularity and more people invest big into it, then it can help increase the price it is presently, it was once above $1.

Never, the inflation of it and the possibility to create the coins infinitely will never push the price up that high.

I think it will take long term so we do not predict the approximate prediction also because many projects are comes in every month but few projects only succeed in future so this is not attract to me but Current status is positive in Crypto market. May be 2020 this will hit 1 USD or it will hit 0.1 USD so know the next year result.

Burst to $1 in 2100 if it will be able to survive for the next 82 years  :) it is impossible to me while there are better competitors, it can be $0.1 again only with a hype.

Burst never hit 1$. It has too many competitors with a better team and bigger community.  Unfortunately, it has no value for 1$ per coin...

We shall see. I marked your posts as a reminder on June, 2019. Burst postDymaxion will be challenging the top 10 coins in market value. Dont tell me I didnt try to convince you.

rico666, how confident are you after one year of developing Burst and its virtually still on the same spot in the market value as last year. Was it a naive approach to think that if you build it they automatically will come? How many more years would it take to reach the $1.00 target in your estimation?