BURST smashed through the roof today
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@marc long term is a year and up (i will try to do some detailed report once the year ends to show those holding shares how asset grew during 2017). Basically same as you would find in investment funds through banks, only thing in crypto its much more volatile but at same time more rewarding if done right
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Well, nice I sold of at 531sats. But one thing that sucks is that polo is making verification compulsory in 2018.
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@marc said in BURST smashed through the roof today:
500/600 spike was way too much, an overhype prob. a reaction to the McAffee pump and dump.
Up to ~590 sats again today (@bittrex), thou it does look over-extended.
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Damn, I should've HODLed for today or bought more burst when it went lower.
BURST now at 650sats on Polo. ATH.
Probably because it got listed on a korean exchange earlier today.
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What are your thoughts people? Are you going to HODL or sell now?
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@rattle99 I hodl.
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@rattle99 said in BURST smashed through the roof today:
What are your thoughts people? Are you going to HODL or sell now?
If the price escalation is due to Burst being listed on another exchange, then it's not based on any fundamental changes, new developments or use-construct to provide juice - so seems unlikely to sustain. [~690 sats now.. (@bittrex)].
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@beholdminuggets where else has it been listed? volume at poloniex is around 700 right now and bittrex is 2000. coinmarketcap has the volume over all at around 2700. so its really only poloniex and bittrex
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This post is deleted!
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I don't see the point in selling. with no plans to fix bitcoin and burstcoin having a new team and a plan, this is the perfect time for burst to take off. it just needs some advertisement since most have no idea about it. My suggestion is for the new team to make a wallet where we can all donate and the team can buy up some advertisement at crypo sites.
advertisement with info like,
A coin that actually is decentralized,
Coin with low fees that has the tech to keep fees low even if it gets to bitcoin size.
Coin that can be mined with hard drives letting anyone mine.
And so on.
Just an idea.
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@peterskrzyniarz said in BURST smashed through the roof today:
... Coin that can be mined with hard drives, letting anyone mine.
As of this date, about 87% of all Burst-Coins have already been mined (PoC). Which may explain why the Difficulty, although up, has not increased in-line with recent exchange valuations. Perhaps investors are wary of the short return window?
Also, the Transactions per Day (& Sent/Day) has varied little over the last two years, and much of that seems to be recurring distribution by Mining Pools. Likewise, the majority of active Assets appear to be focused on Mining.
So, what happens when the music stops? Official Burst-Coin Roadmap. Hummm...
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@peterskrzyniarz its on korean version of bittrex. Crazy koreans tend to push coin price up
also thats why you see such a big volume on bittrex.
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@lithstud said in BURST smashed through the roof today:
@peterskrzyniarz its on korean version of bittrex - crazy Koreans tend to push coin price up
also thats why you see such a big volume.Maybe not so crazy if the price sustains the current elevated levels.
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@beholdminuggets it was more of a figure of speech
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@beholdminuggets said in BURST smashed through the roof today:
@peterskrzyniarz said in BURST smashed through the roof today:
... Coin that can be mined with hard drives, letting anyone mine.
As of this date, about 87% of all Burst-Coins have already been mined (PoC). Which may explain why the Difficulty, although up, has not increased in-line with recent exchange valuations. Perhaps investors are wary of the short return window?
Also, the Transactions per Day (& Sent/Day) has varied little over the last two years, and much of that seems to be recurring distribution by Mining Pools. Likewise, the majority of active Assets appear to be focused on Mining.
So, what happens when the music stops? Official Burst-Coin Roadmap. Hummm...
I would say the idea is to accumulate more BURST by trading.
