Not true.  While there has been some drama in burst... all coins/alts are getting hammered.

Might be better to go to burst-team.us to contact someone. 

Crowetic was not a dev, not a coder he's an organizer and I've personally heard many devs are happy he's leaving.  It's a FACT he used investor money to try and short the coin for his own gain (and failed miserably).  It's a fact he took BURST that was designated to go to BURST developers and was conspiring to use it for another project (non BURST).  It's a fact he was taking investor funds to buy hardware for his assets that he specifically promised investors it would be running for years and paying returns... only to find a few months later he's doing a "buyback" at a fraction and keeping all the equipment.  And you can find videos and endless posts from him pro BURST... saying the tech is great, BURST is incredibly undervalued, on and on... basically the complete opposite of his flaming post.  So which is it?  That's the tip of the iceberg.  Quite frankly if someone wanted to pursue it, this guy could end up in jail.  

So if you don't think that has a lot to do with his post, then I guess you've never witnessed a disgruntled employee leaving a company for his next opportunity and taking shots on the way out because he's bitter?  The dude is acting like a complete jerk.  

I won't comment on the tech aspects not really my realm.  But BURST is based on NXT.  NXT has what been up to a 250 - 300 million market cap?  Did anyone tell them?  And BURST like just about every other project needs growth and development.  I can post worst case scenarios too... many have for BTC for years.  If I gave you a chance to go back and buy BTC at $2 would you refuse because it will eventually have scaling issues it has to deal with (which it does)?  Point being BURST has HUGE room for growth before anything needs to happen.  And that time it will be addressed.  

But if you have technical questions go to burst-team.us I'm sure someone can chime in there.  

"Buy my asset for 180 BURST... and I promise it will be one the best performing assets for at least three years on the BURST platform."  "Wait... I got embarrassed in the community and I have the chance to take over a dead coin (again)... so I'll give you 6 BURST back and I'm out in here".

The guy's leadership and decision making is a joke... Qora people should know the truth about him.

Crowetic is a selfish fraud.  Tried to short the coin using investor money, lost a ton of his burst and his position and respect in the community.  Bitter dude blaming his problems on everything and everyone but himself.

Fyi... it will take something like 7 years to mine those.  And then mining will continue through transaction fees as rewards.

I'm a small miner of BURST (12 TB)... and think it's great.  Although the difficulty has been going up in recent months (along with the price)... which of course means more and more people are becoming interested.

There have been a lot of attacks lately impacting things fyi.  Online wallets at burstnation.com (under "burst tools") tend to be reliable to log in. 

Faucets get abused and run dry... you might have to post your burst address and have someone send you a couple of coins.

You can also use the online wallet.

Anyone can make an asset.  As far as what to invest in... people have reputations... you need to do some research.  Like on eBay would you deal with someone new that was selling with no reputation?  Or a bad reputation?

A lot of the projects are mining operations right now... mining BURST or other coins and converting to BURST. People buy shares and share in the profit.

That being said... you don't have to buy or do anything with the asset exchange.  It's just one aspect of BURST.

To invest in assets you do.  Think of the asset exchange on BURST like it's own stock exchange.  You can buy into projects with the expectation of a ROI.  You are giving up your BURSTS for shares in the asset.  Like any investment do your due dilligence and make sure you know what you're investing in.

Web wallets at burstnation.com seem to be up (It's under tools I think)... as someone else said there can be a delay once paraphrase is entered.

Regarding paraphrase... make sure it's EXACT when you enter it... no extra spaces etc.  The paraphrase is your wallet.

Regarding why BURST isn't more popular... it really had no marketing up until 4 - 5 months ago.  I still think it's tremendously undervalued.

But what you're saying... how many crypto coins can it be applied to?  How many retail stores accept any crypto coin?  Heck I've never walked into a store anywhere and saw that they accept Bitcoin even.  

I guess we evaluate thing differently.  I started mining and investing in BURST (and am up 30x) because it is unique.  The HDD/green/eco friendly is a big thing imo... and I'm a very small miner, but as an investor I see it as an angle that will attract people to the coin.  BURST also has a very strong (and fast growing community)... which is huge imo.  If you haven't browse the two BURST website/forums and see the activity and ideas for yourself.

Add in the fact BURST had almost zero marketing efforts until 4 - 5 months ago and I still think it's a coin at a fraction of it's potential.  Just one man's opinion.

What do you mean... what can you do with It?  It's a crypto coin, you can buy and trade on the exchanges... convert to BTC and USD if you choose.  There are a couple of gambling sites you can use BURST .... BURST Casino and Bitsler.  BURST has its own asset exchange where you can invest in projects and earn a ROI.  There's a marketplace (still needs developing).  Of course the cool mining aspect... and more in the future.

No one knows how high the price will go.  60,000 sats is probably a little ambitious ... then again what will the world look like 5 years from now?  I've learned never to say never in crypto.

But in general, put me in the camp of BURST having huge upside... we'll see where it actually goes.  

Look into BURST/burstcoin... it uses free HDD space to mine.  Very energy efficient and eco/green friendly.  Two best sites for info... http://www.burst-team.us and burstnation.com.

Estimate is until around 2024 (or maybe a bit longer)... after there will still be mining as the rewards with be the network fees.

Ton of info at burst-team.us or burstnation.com.

That is also what it's capped at and won't get there for several years.  Currently at 1.7 billion+ in circulation. 

It's called an investment opportunity. 

BURST has been growing significantly, it's not like it's going backwards... still a TON of upside imo.