The future of Burstcoin
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@Castiel Yes if it is justified and agreed for consensus ;D
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The problem with all this is that we are not sure if the price of BURST will go up or increment its value in the future. It all depends on how many people will use the currency, if they see a value in it or not and start using it or buying it. It's all subjected to the free market after all, even being BURST greener than all the others cryptocurrencies it can well die if people do not use it enough. All in all I see for example what DASH is doing with its coming DASH-Evolution and I can clearly see a lot of people in the near future are going to be using more DASH than other currencies, so expect its value to be higher in the not so far future, because they are making crypto more digestible and accessible to the average person, a paypal-like stuff as a GUI and they also invest a lot in marketing their brand. These are just personal thoughts. Burst can have a great future, but without a clear business plan or strategy it will not last forever.
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Movement comes with being able to buy stuff you need with Burst. I'm no expert but I see it this way, I may have a S load of Burst but I can't buy shit with it. I can't even got to Ebay or Amazon, or whatever store to buy that book I want or that game.
This is the underlying factor, sure I can buy an asset that may be good to me in twenty years, but there is no paypal, there is no outlet for my commercial need.
Once that threshold is broken, people will want to use this Burst currency, because it will not only be easy to mine, but damn easy to spend.
Without spending movement, Burst will die. It is sad to say, because Burst has to have outlets not only in the Clear web, nice and clean transactions, but also the Dark web.
Now someone here come up with a plan to get a major net retailer to accept Burst. How the F do you do that? Anyone?
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@Baron Bitcoin has to succeed to be implemented in amazon and ebay. We Burst users could use a service like shapeshift or a decentralized form of it to exchange instantly in the future to buy our goods without friction.
"The concurrent circulation of several currencies might at times be slightly inconvenient, but careful analysis of its effects indicates that the advantages appear to be so very much greater than the inconveniences that they hardly count in comparison,
though unfamiliarity with the new situation makes them appear much bigger than they probably would be."- F.A. Hayek, 1974
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we have a marketplace built into the wallet, its a bit ruff but functional. we need to get people to use it. to make that happen on a grand scale it needs a UI browser something like E-bay , Amazon that will allow you to up load images of products, create reviews, browse for products, ect ect without searching the fourms for the product then finding its ID# and pasting that into the wallet to make a purchase.
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@daWallet said in The future of Burstcoin:
Bitcoin has to succeed to be implemented in amazon and ebay. We Burst users could use a service like shapeshift or a decentralized form of it to exchange instantly in the future to buy our goods without friction.
@daWallet completely agree with your statement and Hayek's! Have you or any of the admins and developers try to establish or engage in potential partnerships with exchanges like shapeshift for example? It would be really nice if this happens in the near future! And quite positive for Burst.
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@Gibsalot there problem I face using the market place is not having a way to browse, how am I supposed to know what's for sale if I have to know what I am buying first (market id)
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@dagentlemang exactly thats what needs fixed we need a browser UI added to make the marketplace function for the masses to be able to use put everything in one place and user friendly. right now you cant use it if you dont also have an account hear on the burst forums and essentuly use the forums as the browser.
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@Gibsalot @dagentlemang you can see a listing of the items on the marketplace in http://burstcoin.ccminer.net/index.php/marketplace-listings/ wich is a site created by @ccminer ;D
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@gpedro i did not know that existed thanks for pointing it out
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@gpedro thanks i did not know that existed either... I also agree shapeshift would be HUGE... right now its kind a like lets try and wait with Poloniex all day
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I also was over talking on the troll box at poloniex, it seems that the reason Burst is so slow over there is ppl just mine and dump it over there for BTC etc... they said it needs to be traded to go up, yeah the casino etc is probably helping with volume but if we don't start trading it then its not worth as much... to make the coin we need a group of ppl to trade it as well, can the devs/mods like @haitch etc maybe help out in helping us start a trading group? something to get that price moving up. I wish i was experienced enough to do it but would def get involved
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@falconCoin we need buy orders to outpace sell orders, first few weeks the casino was up and running the price was moving up slowly but still in the right direction . for the moment its hard to tell what the price is doing unless you value burst = USD $ because of the crazy price changes going on with bitcoin. ontell that calms down and gets stable burst price is going to be up down left and right in terms of Sat per burst it's just along for the ride.
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im definitely interested in joining a trading group.
thats a great idea
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@Gibsalot @falconCoin im the one who sent burst from 57 to 63 late last week. i went and purchased 1.5million burstcoin to assist with the coins value
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@Gibsalot @falconCoin I hope my site could be useful for you!
@gpedro Do you know why BURST is not on shapeshift.io already?
While ago I wrote a request to add BURST there, I guess if some of us start to ask they will finally add BURST to their portfolio
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@Lexicon said in The future of Burstcoin:
@Gibsalot @falconCoin im the one who sent burst from 57 to 63 late last week. i went and purchased 1.5million burstcoin to assist with the coins value
Hey everybody drinks are on Lex..
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@ccminer i send shapeshift a ticket too sometime ago and they said that burst was on their discovery list so in a near future they would be interested in incorporate burst in there but idk nothing about more news on that xD
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@gpedro I think that's the automatic response, because I got something like this as well
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@dagentlemang You mean this:
Thanks for reaching out. I have added BURST to our discovery list, and our development team will look into it when they begin to decide on our next round of coin additions. We do receive several dozen requests a day for new coins to be added so can not assure you we will add your coin, but we will look into it and see if it makes sense for us to add at this time. Any new coins we add will be announced on our social media channels as well as our email newsletters.




