The Death of Burst Coin - The Final Nail?

in cryptocurrency •  last year


I had a lot of people ask me, "How can you be sure this is a death and not a slump?" We we saw another nail driven into the coffin.

Now both Bittrex and Poloniex has shut down Burst for deposits and withdraws. If you want to see the whole article see here.

https://steemit.com/cryptocurrency/@iceburst/the-death-of-burst-coin

I also wanted to share with you what has happened in the last two days.

Burst-Team.US has been working towards a fix, they have compiled new code but it has not solved the problem. They are trying but not getting there.

ShitNation is promoting their DB with no solution. If this solution goes forward they control the block chain for the last 4 days. This is not something that anyone wants.

Here's responses to @IMineBlocks recent video on youtube.com:

Here is what Reddit is saying:

I may be the provider of news but I see my voice is not alone.

-IceBurst

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Sad i loved their burstcasino :(

Ouch, I bought some before I even knew what it was! OH well! Crypto lives on!

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I did the same

Dang and I was going to buy some Busrt last week. Good thing I didnt 😥

Time to create another proof of space !

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Absolutely, If BURST really kicks it, then I'm supportive of another POC chain, for sure.

It will recover, I think. Or I hope.

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I'm with you viking. I think the community has the potential to wrestle the network away from the wrong-doers. Here's hoping for a Burst revival!

This may just be a timing issue. Butter the popcorn, things are getting intersting.

That's not good at all!

I spoke with @lexicon when I posted this: https://steemit.com/burst/@joedirt/meet-the-man-who-destroyed-burst-coin

As, I told him then it did not seem a "Safe" Coin.

Just to say Poloniex often did temporarily disable withdrawals for a lot of coins lately (zec, bcn, steem, emc2, siacoin...). Even eth and xmr if I am not wrong. So it is not really specific to Burst.

Oppss very bad news

Wow this is sad reading @iceburst :(
Luckily I got out of my burst position a couple of months ago when i first began to hear about these cray things going on in the community.

It's still trading and holding fairly steady on Bittrex.

MFW I just finished a full blog post to promote burstcoin and POC in my language T_T