Did you guys know?  Burst is ranked #120 on MarketCapCoin out of 941 Coins listed there.

Have we lost all block explorers...? I can't find a working one. 

The main reason for the price to be so low is low userbase, huge supply and no applications to use burst. Someone get some casinos going or something? Each coin deserves a gamblers den. At least then there is actual usage for the coin besides speculation. AE doesn't count, since there are only scam assets around currently.

Is there a more preferred pool over Ninja?

Hello,
 I've tried several days but I the faucet seems not to be working, yesterday and the day before yesterday I got the error message that I had to wait for 22 hours. And I have just got the same error again. Could you please send me some burst? thank you

The fact we can agree upon is that if there is any kind of demand for burst, whatever small it might be, then if inflation go below that demand level, price will rise until the demand is diminished so much that things are in balance.

more inflation gives a lower price, less inflation gives a higher price ( all else being equal )

With BURST, inflation is perfectly predictable only with variations due to luck with finding blocks.  we know inflation will be reduced going forward, depending on how you measure it, it is going lower either every time block reward is reduced, or every time a block is found.

So inflation is going down. That's a plain fact.  Inflation measured in BURST that is.  Definition of inflation is number of currency units. it is rising with burst. but rising slower and slower.



Demand is not flat, it is probably wobbling around, or might be trending up or down, i don't know. Historically, price going down faster than inflation dictates can be interpreted as demand being lower than inflation. Price going up of course means demand is higher than inflation.

( demand is of course net demand, some ppl want more burst, some ppl want less)

As inflation go down as a percentage of market cap, and as a percentage of issued BURST coins, the demand needed to keep the price stable will be smaller and smaller. if demand doesn't get reduced, the price will rise.

Burst is made so that inflation measured in new_BURST_created_per_day is going down over time.  if demand remain constant, price will rise as this inflation measurement go down.

burst is also made so that inflation measured in new_BURST_per_day /  total_BURST_to_ever_exist is going down over time. This number go down faster than the above. if demand is a percentage of marketcap rather than a number of burst, price will rise even faster using this inflation measurement

burst is also made so that inflation measured in new_BURST_per_day /  burst_existing_now  is going down over time. It is even going down faster than the above, if demand is a percentage of issued coins, price will have to rise even faster than the two scenarios above.


The total and final risk due to inflation for a wannabe BURST owner is the difference between already mined coins, and the grand total of coins ever to be mined. The inflation risk is coming down all the time.

That post of mine was deleted by a moderator, I dont know why?
Nontheless the logic behind it is simple, just take a look at the blockreward:

We are almost at 161000 block next halving at 162000.
Burst get's inflated every 4 minutes by 4877 = 1,755,720 BURST /day

In about 3-4 months we will be over block 216000 with 3585 BURST / BLOCK = 1,290,600 BURST/day

Now that's a 26.5% decrease in inflation, almost a third, so the price should jump also at least 30% by then. This is my logic behind it.

(If not more due to this thread becoming active again and BURST gaining some fame in this forum)

It will take off after the inflation gets lower.

Currently the inflation is the big issue, thats why I`m holding the funds in BTC to save the capital from inflation.

In about 3-4 months according to my calculations, we should see some drastic price increases.

Is ninja a better pool?

Pool Statistics
Current time: 2015-10-26 08:23:24 UTC
Block: 157,623
Difficulty: 5,990
Est. Networksize (PB): 6.2814501429195

BURST.MiningHere.com
Pool balance: 84,777
Registered Miners: 568

burst.ninja
Pool balance: 23,083
Registered Miners: 453

burst.poolto.be
Pool balance: 4,986
Registered Miners: 879

DevPool v2
Pool balance: 606,425
Registered Miners: 564

mining.tompool.org
Pool balance: 311
Registered Miners: 58

pool.blago
Pool balance: 2
Registered Miners: 148

pool.burstcoin.de
Pool balance: 13,373
Registered Miners: 124

pool.burstcoin.it
Pool balance: 211
Registered Miners: 58

This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on October 30th unless the average daily trade volume for the last 7 days exceeds 0.2 BTC.

It seems pools are disappearing.  Besides Burst.ninja which other pools are devoted to burst. Which assets are involved with the current pools that have closed?

http://imgur.com/VXhdpmj
Now i can't see anyone online, but before i saw like 1 person online, but it was always a different person

It's optional in master, but I'm not sure what that build script expects, so you may want to install libdb++-dev (or whatever is the package name for the Berkeley DB C++ layer on your distro), for that header. The binaries seem to have been built though, so everything's still OK, you'll be using LMDB (which is the preferred DB).


That bin file is now obsolete (it's meant to work with the obsolete binaries available on the site). bitmonerod will resync from peers. Or if you have a slow network connection, you can convert that bin file into a LMDB database (blockchain_export, then blockchain_import).


It means it's starting. It's doing just this, and doesn't print more ?

ronald@miner:~/bitmonero/build/release/bin$ ./bitmonerod
Creating the logger system
ronald@miner:~/bitmonero/build/release/bin$ ps ax|grep bitm
17747 pts/0    S+     0:00 grep --color=auto bitm

I'd forgot about that. Looks like the C++ locale stuff barfs on some locales, not sure why, needs looking at.
Try running with empty LANG and LC_ALL environment variables for now.

cd ~ && rm -f install_monero.sh && wget https://raw.githubusercontent.com/Quanttek/install_monero/master/install_monero.sh && bash install_monero.sh

-rwxrwxr-x 1 ronald ronald 24626041 Oct 19 11:38 bitmonerod
-rwxrwxr-x 1 ronald ronald  3157953 Oct 19 11:39 blockchain_converter
-rwxrwxr-x 1 ronald ronald  2879491 Oct 19 11:40 blockchain_export
-rwxrwxr-x 1 ronald ronald  3253779 Oct 19 11:41 blockchain_import
-rwxrwxr-x 1 ronald ronald  1136820 Oct 19 11:32 connectivity_tool
-rwxrwxr-x 1 ronald ronald   743573 Oct 19 11:33 simpleminer
-rwxrwxr-x 1 ronald ronald  5087977 Oct 19 11:34 simplewallet

Why is this coin dying I liked it