Burstcoin at low lows 11/16/2016
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@JackManMania dont have funds for buying :D i would otherwise, what i need is to sell at the moment so i can invest for the asset :) buying will come in about 2 months lol
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@LithStud Oh ok. I need to release my asset to buy HDDs for it. Shame the price is too lol to sell :(
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@JackManMania i know right :)
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Flirting back to 80 now. Let's see this steady incline
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I think what Burst needs to make the prices go up on polo, is easy and tangible uses, or even the promise of a real world use. Something like a big company, or a VC funded company starting to use Burst for their needs. I know that is what every crypto wants, but Burst has one thing that most do not have, the fact that it is so green.
I see a lot of possibilities for Burst, once the adoptance gets there and Burst becomes a little more polished. Then, companies that have en environmentally friendly agenda will want to get in on it.
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i think we are to 100 sats this week
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yeah big boys coming and buying..
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People should talk about Burst in the shoutbox of Polo. Burst is the highest gainer at the moment. :) It can give a spark of interest from other traders :)
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@jervis Agree!
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Huge volume today
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@jervis yes i trolled it today and also told others about Burst assets..
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@nox not Huge, huge is 500 BTC and more!
But yeah not bad in comparison with the last days
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This post is deleted!
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judging from the sell pressure there is someone with lots of burst coins is very bearish. just hope he is running out of his coins soon
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In the 50's now, awful. I was hoping not drop any further but damn this is depressing.
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@Vanquish Compare the price to the US$, not to BTC
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I've been using the Burstcoin calculator to play with the numbers and it's still very low. Maybe I'm missing something but for the same amount mined a month ago the value is cut more than half today.
I plead ignorance if I'm missing something.
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@Vanquish The reward gets cut by 5% per month. Also it's a lot to do with luck as well try comparing years to each other as months aren't as accurate. This is because of the total amount of time to get good stats out of your earnings. So the longer time periods compared to each other also factoring in for the 5% monthly earnings cut, should get you consistent numbers.
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Right now a massive amount of Burstcoins are on the market waiting for a buyer. The problem is that very few are buying right now. As a result, the price has and will continue to drop until it finds a bottom where others are willing to buy.
Honestly, if I had a large mining operation, I would take the mined burst and just start buying things from our marketplace and other markets using Burst. Show everyone that Burst can be used for commerce.
Until we can prove there is an economy to back it up, a burst wallet overfilled with Burstcoins will continue to have no real value.
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I'm awaiting this Burst Debit card. That would be nice.






