Post
Topic
Board Speculation (Altcoins)
Re: Burstcoin [BURST] Price Speculation
by
vella85
on 19/08/2016, 23:42:52 UTC
2016 is looking more like the year of the billion plus coins, I find NEM's rise to $120 million very encouraging even though I don't own any  Cheesy. Assuming (and it is a big assumption) that NEM and BURST have equal features, a basic calculation would show that the equivalent price that BURST can theoretically achieve providing that the assumption is true which it isn't, is 0.120/1.5 = $0.08 or higher.

So I am changing my previous prediction for BURST to reach $0.01 from extremely optimistic to highly likely that it would get there  Grin

Only time would tell, but I am feeling very confident, the number of miners keeps on increasing on a daily basis and it is just a matter of time until we get there. The market has shown that it is not afraid of bidding high prices even for coins with a highish coin supply and I hope that BURST will take advantage of that.

I'm going to keep hammer this point:  "Miners (and I'm one of them) have re-invest their coins BACK into Burst and that mean purchasing Assets and Burst related products/services.  There is no reason to just hold the coins mined.  If we are mining it makes no sense to just let the coins sit there and do nothing.  That is not how the coins are going to RAPIDLY appreciate in value. That's like letting your money sit in a non-interest bearing account when you have the chance to do otherwise.



 Thats true people must make use of the BURST assets , and the exchange

Yes I agree.

Investing in assets can make anyone a nice amount of money in the future. I look at it this way we can earn in 3 ways, no:1 we can earn from the monthly dividends no:2 the asset/s could increase in value which the burst teams assets have already done. no:3 the price of BURST can increase so in my opinion it's a no brainer to invest in assets.

I can see the price of BURST easily getting to 0.01 in the near future and for what they ave planned I would not be surprised to see the price at 0.05 or even higher. And then can you imagine what the price of the assets will be??? they could be worth 5x the value that they are now or even 10x anything can happen once people out there start to see what BURST has to offer. BURST has been around for a while now but you can say that it is just getting started lol

Would be nice if the price will raise. I like this coin and I am mining it for almost 20 months now.
Sold some BURST and everytime I bought them back for a higher price : )

But do you really think it will reach 0.01?

0.000001 or 0.000005 yes.

But 0.01 would be a little bit "too much" I think.

Of course I hope I 'm wrong.

I believe it will rise in the near future, just think of BURST as a long term investment. Instead of selling your mined BURST coins why not invest them into the assets and earn even more on top of your mined coins in the way of monthly dividends. Also if you get in early you can make some good money buying and selling assets. I prefer to hold my assets for the dividends but everyone is different. Yes I do believe that one day we could see 0.01 with the maximum amount of 2 billion BURST coins @ 0.01 would see a marketcap of $20,000,000 which compared to another coin with close to 9 billion coins and is in the top 10 @  $ 61,761,510 (NEM) so as you can see BURST is well off from that mark so yes I believe it can get to 0.01 I hope people can understand what I am trying to say here.