Coin pick of the day (Wednesday June 21st) - Burst Coin (#4)
There is something about Burst Coin that appeals to the very basic ideals that we encounter on a daily basis. This is simply perceived as opportunity on a gigantic scale.
Not all have heard of Burst Coin which is why the coin has not exploded yet.
Proof of capacity allows ANYONE to mine the coin without having to spend money on excessive mining equipment simply by using the free space on their hard drive. This also saves on energy. Mining is very energy wasteful and Burst addresses this.
I am looking to buy Burst today if we see a nice pullback to the weekly low and will look to expunge that out to a 10% gain over the next few weeks.
Burst is currently sat at 574 Satoshis and I am looking to buy under 500.
They have some bad core dev problems atm. Stolen funds, scamming people etc. Besides the whole asset market there is basically filled with scammy assets. But yes, it is an interesting coin with a unique algorithm.
Wasn't aware of that thanks for pointing it out. A shame as the coin really has good potential.
I've followed burst for a long time. The drama has calmed down. And it wasn't some schism throughout the community it was basically between a few people and competing websites/forums. It should have been handled behind the scenes but it was forced on the community.
As far as I know the dev team is still intact and working hard. Assets are the same as they've ever been... one needs to evaluate what they're investing in and whom they're investing with... perform your due diligence. There will be scammer, that's not a burst thing they're everywhere in crypto and in life.
Burst is a coin with huge upside imo.
https://steemit.com/news/@lexicon/burst-nation-scammers-at-large
Exactly what I was saying.