Burst price of the Month - Nov/16

[burstcoinPT]

@ccminer we have to do something,... very low volume today.... anybody know why???

[LithStud]

low volume might be due to zcash, pretty much most of crypto got hit by it :) Or so i think, anyways its settling down.

[ccminer]

@LithStud it's 2 days already that Zshit price and volumes are going down

[LithStud]

@ccminer but its volume still is over 2K btc for 24h. Anyway i hope it stabilizes around 1btc as its one of the coins that i can actually get decent earning with my personal pc mining :)

Other than that dont see any other reason for burst to go down. I guess it needs some more publicity or places (both web and real) to be used thus creating a need to buy them.

[Kenwood]

@LithStud you are right, lets hope the zcoin will go low soon, btw its going down hill :)

[JotaJota]

This volume, low as this is a bit strange. Hope that Zcrash falling, Burst comes up again. Or, we'll have to wait for news.

[ccminer]

@LithStud The only people that are earning from you mining are the devs. ZEC is very toxic from my point of view!

[LithStud]

@ccminer well yea, but still i am getting out of this way more than any other coin. Once it dies out i probably gonna go back to monero :)

[ccminer]

@LithStud what about BURST ;)

[LithStud]

@ccminer still waiting on my 4TB drive :) but for burst i have other plans that are not mainly mining :) Not to mention burst is always on together with whatever other coin or two i mine :)

[ccminer]

@LithStud
I'm curious about your plans if I may

[rapidfireman]

5 btc volume today, uh oh

[JotaJota]

@rapidfireman Yeah. That's not good. Even Qora has more volume than Burst. Something strange is happening here.

[JotaJota]

That's weird. No one is buying, but no one is selling either O.o And we never had so many people mining the coin. I can see my point: I've spent all my BTC in Burst, so, I can't buy anymore lol

[gpedro]

@JotaJota I see 10BTC volume in the last 24 hours o.O

[JotaJota]

@gpedro at poloniex, 8BTC volume. More than half of Qora and DGB for example. Something is strange over here.

[ccminer]

@JotaJota Well I guess it is because of the recent problems with the network, pools gliches, pools offline. Even now that I'm writing it's 20 minutes since last block 292639 and counting.
All of these issues that looks like are never solved once and for all, but constantly comes back again and again, at least I've read some posts here and some folks complained about that.
So I think that the price dump and the low trade volumes are explained by this.... :(

[burstcoinPT]

@ccminer oh man... :( @crowetic @luxe please can you tell us anything to keep us with very extusiasm in burst :) i believe this coin gone value 1€ in a year minimum :) who believe in that too????

[ccminer]

@burstcoinPT I just reported what I've read lurking around here.
I don't know if I'm right and the low price and volumes are due because of it.

[RichBC]

@ccminer said in Burst price of the Month - Nov/16:

Even now that I'm writing it's 20 minutes since last block 292639 and counting.

There have been problems with Forking, however this 21 Minute block was not a problem. Target Block Time is 4 Minutes, however you will see blocks from 0 seconds to even an Hour.

Rich