Curious about Bitcoin halving and what it will mean for Burst.
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I'm reading about the halving, and even though I'm not fully sure what it really means, my impression is that it will increase the value of bit coin seeing as it will make mining Bitcoin more difficult. So in turn, does that in some way raise the value of altcoins such as Burst?
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Nobody knows what will happen :-)
I think halving already mostly priced in, and not much will happen ... but who knows.
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I'm of the bullish belief that BTC halving will make price go much higher, and I believe that at the same time, BURST will have a lot of new things to announce, and the price there should go a lot higher as well, people may see a quite nice increase :)
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I noticed a huge spike around the 16th of June so I thought maybe it had hit it's peak already. As for Burst I just keep mining 24/7. People say "Well you've got a dollars worth, that's nothing." I just keep saying " No, I have 6000 Burst...if it ever hits $15 a Burst I'm going to have a lot more!"
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@Dedsyte said:
I just keep saying " No, I have 6000 Burst...if it ever hits $15 a Burst I'm going to have a lot more!
That's the spirit!
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Exactly, I'm hoping for even 25 cents per coin at some point, this would make me a multimillionaire.
The aspect of believing in the FUTURE of the coin, is what we're going after here. Sure, it may be a small amount at the moment in comparison to USD... but what if USD tanks? They ARE printing money like it is nothing. Is this sustainable? I don't think so...
The time could come where BURST is WAY more valuable than USD or any FIAT for that matter, and it is my opinion that it will happen.
As for WHEN? I don't know, no one does, but I certainly believe that having control over your own finances without a large company in between, is a lot more intelligent way of doing things. Then, being able to choose your own investments, and do your own research to decide what you believe is right for you, gives power back to the people, the place it should be.
I also know, that I've already made a few of my family members, some great returns on their investments. All with BURST.
So, it's all about the way you look at things, and I believe, that with the team that BURST has, and the ever-growing aspect of the collaborative efforts therein, the coin and tech is going to be one that comes out on top.