Burst desperately trying to hold onto 500
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WTF is going on. Its one thing when the price gets readjusted but now the coin is just sinking
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@PeterSkrzyniarz The coin value increased in an unsustainable way - now it's adjusting to it's real today value.
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Well, the price is falling because it's trying to find support. It will continue to fall until it finds a level that buyers are ready to start buying. Those that are shorting are happy that the price is going down. During this crazy time, I have quietly been buying after a few trades that made me a nice profit.
In the long run, I know my investments will be very good. :)
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yea adjusting and testing and just went under 400, sucks since i bought some at 500 at 600 at 700 and even at 800.
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1st what is the drama people are talking about and 2. some one said whale about someone with 10k of burst, that seems a bit low for a whale since i have 15k
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@PeterSkrzyniarz i would not consider anyone a whale unless that hold several million in burst or assets worth that much
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@Gibsalot are you saying million $ or burstcoin
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@PeterSkrzyniarz both lol but in the range of 5 million burst or more is what id consider
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i have 1.25 million burst but a lot of it was bought at 600 and 700
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who keeps dumping 385 now!
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all we need now is for poloniex to crash (from having more then 100 user online) and the coin will just sink
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@PeterSkrzyniarz i have faith it will go back up soon... if nothing else the KING needs to prove himself and they will find the way to pump it back up or he loses face
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what do you mean by King?
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@PeterSkrzyniarz it was a reference to the leader of the "empire" at Burst Nation, lol
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im small fish lol around 500k most held in assets
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have only bought 20$ worth of burst and that was at 40sat ... all other $$ has been on HDD's
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@falconCoin the guy that keeps telling people on youtube how they can make money on the casino lol. turn you 1000 burstcoin into 100,000,000,000,000 in 5 min
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seems we have different battles between some parties whom claims to know the best for Burst while all involved have personal gains or loss mitigation/recovery agendas.
poor Burst what have they done to you
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So the downtrend continues. It's Important to zoom out the graph occasionally to see the full picture.
So we have been as low as 380 and are bouncing off that at the moment. Big question is will we find support in the 300 - 350 band or are we headed back to the 200's?
Personally I think that 300 - 350 would be a healthy place to be. But let's also remember that Adam and his "Team" have not finished yet so keep you seat-belt fastened the Roller Coaster may be slowing down and coasting into the station but is going round again. :-)
The final big question for us all is, do we buy more tickets and what price do we pay? The importance of what you pay of course depends on if you just want to go round once more or if you want a lifetime pass?
Rich
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@RichBC The question is will you start buying @300-350 ^^ That's the best way to find if we can find support there^^
@PeterSkrzyniarz burst is not sinking as last week was nothing more but a pump. Without enough buying support it was ment to fall back to last week's price which is around 250(might hold a bit higher or lower it all depends on buyers). Just don't panic sell your burst if you don't need money right now. Instead try playing on asset exchange^^
Everyone is talking about Crowetic's split from Adam. Thanks to this a lot of ppl saw who Adam rly is and started dumping coin. All in all it's great change and will profit us all in long term. PPL that came to burst for quick gain will suffer a bit tho^^





