WTF - Burst Price
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Every block mined is now @ 25 USD.
Every block mined in August 2014 is worth >> 100 USD.
And holding.
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@vier23 @gersey i myself will be happy to make it thru the weekend at least 800, i agree to most ppl on the outside it looks like a pump and dump. and anyone following the troll box will know that it was mentioned that
1.) this is day 2 of a pump up and they last 2-3 and then dumped
2.) mentioned it as guerbez (sp?) coin and prob to feed his gambling
3.) scam coin also see #2
4.) friends of the "developer" were told this will go nuts this weekend to get in while they can, they were saying it, NOT ppl accusing others of it.
5.) and no one can explain the surge other than blaming whales
6.) and of course all the BURST jokes and everyone buying were Noobs loli am in no way a trader, i bought BURST on POLONIEX and kept it there for the purpose to pay out my users on freecoinz2day.com, my trade analysis shows that i have a break even at 205. it was 110 but i scooped up more in the 600, 700, and at 800's . with that being said, i don't know what set off the surge, i'm happy for it but i'm def keeping my eye open too
i hope we get thru and then goes back up again, I think the issues that started a few months ago have cause a lot of skeptics.
and i know this will get back to the BN, those comments were being made by members in that troll box, not me. and i am sure many others saw them too, so this is no directed against anyone
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Honestly I dont care if its a pump and dump or not I have very little invested in it so I dont stand to make or loose much. If it was started or caused by Adam or any other whales then I thank them its been crazy fun to watch and hopefully after it corrects the price will be higher then before and thats good for everyone
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netDIFF at 15134 the getting is good right now
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Damn where did all the miners go?
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What do you think guys? Is 940 the ceiling? It would be awesome to see it at 1k satoshi :D
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Looks like ~750 - 800 for me. I don't like pumps, but real value is going higher step by step. It's good sign for holders :)
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1100 then dump ;]
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It seems to be dumping already... It's 677 at Bittrex and falling...
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I think it could go to 1k sats, or go to 500 sats, but it won't go under 500 soon.
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1 week ago I sold 170k for £420 GBP to invest on more drives. If it wasn't for bad luck i wouldn't have any luck at all. I feel ill seeing the latest prices.
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@Snoops said in WTF - Burst Price:
1 week ago I sold 170k for £420 GBP to invest on more drives. If it wasn't for bad luck i wouldn't have any luck at all. I feel ill seeing the latest prices.
@Snoops whats the point behind of mining coins which you sell after off to buy drives to mine the very same coin?
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@vExact It has a positive impact on mining, the more harddrives means the more power available, means alot more security against 51% attacks,they may not make a great deal of profit then hodl'ing they're keeping the network available and open :)
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@Hect0r said in WTF - Burst Price:
@vExact It has a positive impact on mining, the more harddrives means the more power available, means alot more security against 51% attacks,they may not make a great deal of profit then hodl'ing they're keeping the network available and open :)
Exactly, just like any other crypto miner, more hardware for better mining results = more profit. I just wish that i had waited a few days more and made a huge investment in stead of a measly 18TB :/
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It is a good point @Snoops, but do not worry about it, we cannot predict the future dude ^.^
Edit : Im still mining with 3 tb, not great deals of profit tbh, but in future I hope it will pay me back, just think of the future :)
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@Snoops i personly think this kind of mining is the next step in coins. give it few more months and when each coin is $0.25 or $0.50 or $1 you will be rich. just keep collecting the burstcoins. i trade but i also mine with 25tb and saving all those coins
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Moved to Price & Trading Discussion.
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Now would be a good time to solo mine lol 20 Euro's a block.
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@Snoops @Hect0r I am not arguin about the mining power, which is needed to be upgaded with time, but about the point of upgrading it with the very coins you get from mining. If I was you I would have done it directly with fiat and reserve the Burst, or at least use an small percentage of my Burst (which may have been your case I don't really know). But anyways as someone said before no one has a crystal ball...
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was in my hometown all weekend wile this was going on ... i missed out riding the wave ... thou i did spend a fair amount of time in MicroCenter yesterday :) should see a small boost in my mining rewards in a few days


