Will be Bittrex next?
After some time - sure.
BURST is approaching to its end of cycle - death.
All coins behave the same way despite of their innovations or algorithms.
Nobody needs that algs and innovations. Number of coins increases, investments do not increase. Soap bubble.
Even etherium goes exact the same way.
I'm not so sure that ALL coins go this way. There will be a lot that do, and there will be a lot that survive, and there will be a lot that have tech that survives, but the coin itself may not, all in figuring this game we call cryptocurrencies out.
Every coin right now is extremely low in value, but I don't think (as you do) that this is a permanent situation.
Even if BURST gets delisted (which I don't think will happen btw, there ARE people who will spend the volume on their own if need be. Even though I don't think CCEX is important anymore to BURST.) the coin isn't dead until the network stops. However, BURST is so cheap to run the network, I see it continuing quite some time. Hopefully by then there will be services that make use of the coin and get people using it. If not, however, then there will be possible issues, but like I said, nothing is dead until the network stops.
I do also think, that since there aren't many people who are able to work for this coin in a 'dedicated' fashion, the time taken for the services we all want and would love to see to be developed is going to take longer, the issue I see here is that the decline in reward is fast, and if these services can't get put in place before the mining is 'finished', making it necessary for transaction fees (meaning we need more volume in tx) that is where I see a real potential for issues.
Although, the coin IS very cheap to mine, so BURST in particular is going to be very interesting either way.
I'm surprised though, that this mining style hasn't taken off more than it has, I think it is just people not wanting to believe it is possible. I know this is true because there are many who try to say that the algo has issues, but no one is able to back this up with any proof at all. So they're just (mad? for lack of a better word...) that the algo is available and makes their algo seem 'pointless' when it comes to power consumption.
I do still believe that in one way or another BURST will live on, either directly, or through a clone that will make use of all the innovation, just going a direction that BURST didn't. But no one can tell the future, there could be things that are in the works that no one is aware of, and could take the whole scene by storm.
I just think that there is a lot of pessimism right now in the crypto world, but I do think this is temporary.
Just my 2 BURST.
