2.1B coins total and 1B has already been mined... hmmm...
Before I invest in this, any reason this coin should appreciate in price? What's the use for this?
The only reason do want to put some BTC in it is because I want to take a risk getting into something cheap (currently ~60 sats)
There are many reasons for mining, trading and holding burst, most of which have been extensively discussed in other threads and the burst-team forum, however one of the most impressive feats of this coin is its adoption rate which has been growing steadily from the beginning of the year and at an even faster rate since may. and I will give you some stats to back that up:
windows wallet downloads from 2016-06-01 to 2016-08-29: 7656
windows wallet downloads from 2016-01-01 to 2016-05-31: 1729
Number of
full nodes: 2027
Number of wallets: 36409
Number of transactions: 3530733
Number of trades on Burst decentralised asset exchange: 7845
Number of users registered on
http://forums.burst-team.us:4567 : +1000 (I stopped counting after 1000 was reached)
http://forums.burst-team.us:4567/ page views: 07-2016 : 272553
08-2016: 397607
http://forums.burst-team.us:4567/ unique visitors: 2067
Network hash rate: averaging +10PB