[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000

[uray]

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.

Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not impotant

can developer be investor too?

[coinits]

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.

Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not important.

Premine is evil
IPO is evil

[yellowduck2]

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.

Without the miner the investor would not exist.

There will always be miner. Even dead coin has miner.

Every single 'successful' altcoin to date has followed the pattern of:

ANN
Mine
Listed on Exchange
Pumped
Dumped
Repeat Pumps
Repeat Dumps
Coin RIP

I hope that this one is different because watching Litecoin die is not pretty.

What i am trying to say is miner are not as important as investor who give the value of a coin.

Miner are free and they will come automatically. Its not like u have to invite them to attract them. They will come when the coin has value and u dont have to care much about miner because they come automatically

[coinits]

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.

Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not impotant

can developer be investor too?

You know the answer to that bro.

[uray]

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.

Without the miner the investor would not exist.

There will always be miner. Even dead coin has miner.

Every single 'successful' altcoin to date has followed the pattern of:

ANN
Mine
Listed on Exchange
Pumped
Dumped
Repeat Pumps
Repeat Dumps
Coin RIP

I hope that this one is different because watching Litecoin die is not pretty.

i dont have any problem if litecoin die, because that coin does not give anything new to bitcoin (both are asic mined), except litecoin is priced less

but if burstcoin die, its really not pretty

[yellowduck2]

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.

Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not impotant

can developer be investor too?

taking money out of left pocket and put it to the right pocket is not a good idea

[coinits]

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.

Without the miner the investor would not exist.

There will always be miner. Even dead coin has miner.

Every single 'successful' altcoin to date has followed the pattern of:

ANN
Mine
Listed on Exchange
Pumped
Dumped
Repeat Pumps
Repeat Dumps
Coin RIP

I hope that this one is different because watching Litecoin die is not pretty.

i dont have any problem if litecoin die, because that coin does not give anything new to bitcoin (both are asic mined), except litecoin is priced less

but if burstcoin die, its really not pretty

Burstcoin has uniqueness to it. That is a good thing and I suspect that is what attracted a lot of people to it.

[uray]

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.

Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not important.

Premine is evil
IPO is evil

shitcoin is evil, everything premined, IPO/ICO is shit

we have 4 kind of coins here

scamcoin -> shitcoin -> altcoin -> bitcoin

[uray]

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.

Without the miner the investor would not exist.

There will always be miner. Even dead coin has miner.

Every single 'successful' altcoin to date has followed the pattern of:

ANN
Mine
Listed on Exchange
Pumped
Dumped
Repeat Pumps
Repeat Dumps
Coin RIP

I hope that this one is different because watching Litecoin die is not pretty.

i dont have any problem if litecoin die, because that coin does not give anything new to bitcoin (both are asic mined), except litecoin is priced less

but if burstcoin die, its really not pretty

Burstcoin has uniqueness to it. That is a good thing and I suspect that is what attracted a lot of people to it.

unique itself does not enough to be great, it also need tangible value, intrinsic value, or any value ... well you know what i mean

[yellowduck2]

we have 4 kind of coins here

scamcoin -> shitcoin -> altcoin -> bitcoin

It should be 5

scamcoin -> shitcoin -> altcoin -> burst coin -> bitcoin

[uray]

we have 4 kind of coins here

scamcoin -> shitcoin -> altcoin -> bitcoin

It should be 5

scamcoin -> shitcoin -> altcoin -> burst coin -> bitcoin

so anything started with B is good, anything started with S is stupid !
Stellar is shitcoin, Bitshares is good

[TrexDev]

we have 4 kind of coins here

scamcoin -> shitcoin -> altcoin -> bitcoin

It should be 5

scamcoin -> shitcoin -> altcoin -> burst coin -> bitcoin

u forgot about monero too

[yellowduck2]

i think the next break through for burst will be file storage.

[uray]

i think the next break through for burst will be file storage.

no, i think it should replace torrent! imagine you can be paid by serving data!
because for file storage google drive is enough for me

[redsn0w]

i think the next break through for burst will be file storage.

no, i think it should replace torrent! imagine you can be paid by serving data!

Check http://storj.io/ and http://driveshare.org/    .

[yellowduck2]

i think the next break through for burst will be file storage.

no, i think it should replace torrent! imagine you can be paid by serving data!

that will be the second break through. In order to have that , file storage function is needed.

[coinits]

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.

Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not important.

Premine is evil
IPO is evil

shitcoin is evil, everything premined, IPO/ICO is shit

we have 4 kind of coins here

scamcoin -> shitcoin -> altcoin -> bitcoin -> bitcoin replacement (coming sometime in the future)

FIXED

[uray]

i think the next break through for burst will be file storage.

no, i think it should replace torrent! imagine you can be paid by serving data!

Check http://storj.io/ and http://driveshare.org/   .

those are not funky because it can't be mined... (or did i was wrong ?)

[coinits]

we have 4 kind of coins here

scamcoin -> shitcoin -> altcoin -> bitcoin

It should be 5

scamcoin -> shitcoin -> altcoin -> burst coin -> bitcoin

u forgot about monero too

A good coin resurrected from the scampit by the community. I like it and BURST as my two favorites.

[coinits]

i think the next break through for burst will be file storage.

no, i think it should replace torrent! imagine you can be paid by serving data!
because for file storage google drive is enough for me

Only if the miner can control what is stored. Illegal file storage would be just what the governments need to shut down an alt and arrest people en masse, especially the DEV.