Any changes in coins supply, reward algo are not acceptable after start, anyway.
It's truisms
Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 1150. (Read 2170889 times)
August 25, 2014, 02:03:09 AM
August 25, 2014, 01:55:34 AM
Can we reduce block reward or max coins?
Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.
Yeah exactly. It would be a good way to get attention, while helping everyone involved in this great BURST community. There's no doubt it will raise the coins value.
Cutting the supply or reducing reward does not bring wanted attention...
It only benefits the current holders and hinders others from entering..
The only coins that cut supply reward outside of the schedule is for a fast pump so they can dump it to bagholders like yourself.
Please dont encourage so shitty ideas.. or do you just want a pump so you can dump and get out? is that it?
Wow you are super paranoid dude...
Must be waiting for your HDD's to arrive in the mail.
I am simply stating the fact that cutting supply / max supply only benefits the current holders and it does not bring new people in.
If it does, can you please explain why someone would buy Burstcoin AFTER the amount of coins has been reduced? what is their incentive?
sorry to burst your little bubble but thats not how it works
If you had been here for longer than a month you would know.To put this bluntly, I believe you are suffering from Down Syndrome, sir.
The fact is, it helps everyone, it still has 10k per block. I would be much more happy to mine this if the max coins were reduced.
August 25, 2014, 01:34:34 AM
Can we reduce block reward or max coins?
Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.
Yeah exactly. It would be a good way to get attention, while helping everyone involved in this great BURST community. There's no doubt it will raise the coins value.
Cutting the supply or reducing reward does not bring wanted attention...
It only benefits the current holders and hinders others from entering..
The only coins that cut supply reward outside of the schedule is for a fast pump so they can dump it to bagholders like yourself.
Please dont encourage so shitty ideas.. or do you just want a pump so you can dump and get out? is that it?
Wow you are super paranoid dude...
Must be waiting for your HDD's to arrive in the mail.
I am simply stating the fact that cutting supply / max supply only benefits the current holders and it does not bring new people in.
If it does, can you please explain why someone would buy Burstcoin AFTER the amount of coins has been reduced? what is their incentive?
sorry to burst your little bubble but thats not how it works
If you had been here for longer than a month you would know. August 25, 2014, 01:32:41 AM
Can we reduce block reward or max coins?
Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.
Yeah exactly. It would be a good way to get attention, while helping everyone involved in this great BURST community. There's no doubt it will raise the coins value.
Cutting the supply or reducing reward does not bring wanted attention...
It only benefits the current holders and hinders others from entering..
The only coins that cut supply reward outside of the schedule is for a fast pump so they can dump it to bagholders like yourself.
Please dont encourage so shitty ideas.. or do you just want a pump so you can dump and get out? is that it?
Wow you are super paranoid dude...
Must be waiting for your HDD's to arrive in the mail.
August 25, 2014, 01:21:09 AM
I can't believe! If you buy now on the nxt asset exhchange this:
NXT-7G7H-BE28-B967-FTBWW 301.168 10 3,011.68
You can dump them on c-cex for double price..
NXT-7G7H-BE28-B967-FTBWW 301.168 10 3,011.68
You can dump them on c-cex for double price..
- yes, there was an arbitrage opportunity, and a good trade volume at Asset Exchange, 1000BURST asset now at the 7th place out of 233 assets: https://nxtblocks.info/#section/assets_exchange/market/251006016744564741
Quote
Name Weekly NXT Volume
mgwBTC 3'345'786
NEMstake 1'341'845
mgwBTCD 1'011'858
Nxttycoin 498'808
sharkfund0 386'173
InstantDEX 340'552
1000BURST 241'161
jl777hodl 179'036
BGCAFFE 164'110
HRNXTPool 107'838
mgwBTC 3'345'786
NEMstake 1'341'845
mgwBTCD 1'011'858
Nxttycoin 498'808
sharkfund0 386'173
InstantDEX 340'552
1000BURST 241'161
jl777hodl 179'036
BGCAFFE 164'110
HRNXTPool 107'838
But before depositing your BURST coins to Asset Exchange please check current buy and sell orders there:
https://nxtblocks.info/#section/assets_exchange/market/251006016744564741
Still you can place, of course, your own buy/sell orders at your price.
And please do not forget to withdraw the BURST coins that you bought at Asset Exchange.
August 25, 2014, 12:59:29 AM
Can we reduce block reward or max coins?
Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.
Yeah exactly. It would be a good way to get attention, while helping everyone involved in this great BURST community. There's no doubt it will raise the coins value.
Cutting the supply or reducing reward does not bring wanted attention...
It only benefits the current holders and hinders others from entering..
The only coins that cut supply reward outside of the schedule is for a fast pump so they can dump it to bagholders like yourself.
Please dont encourage so shitty ideas.. or do you just want a pump so you can dump and get out? is that it?
total coin number is not the element of price. it is determined by difficulty and popularity, just look at nxt, 1billon and price is 0.0000597btc. and btsx has the number of 2billion, its price is 0.00006881, its current daily exchange volume is 502BTC! and both of them have reached billion now, while burst will wait until years later.. the only thing why burst price is so low is difficulty is not high and not popular now, we have not make enough advertisment, and few inverstors know this coin
August 25, 2014, 12:57:48 AM
Can we reduce block reward or max coins?
Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.
Yeah exactly. It would be a good way to get attention, while helping everyone involved in this great BURST community. There's no doubt it will raise the coins value.
Cutting the supply or reducing reward does not bring wanted attention...
It only benefits the current holders and hinders others from entering..
The only coins that cut supply reward outside of the schedule is for a fast pump so they can dump it to bagholders like yourself
Please dont encourage so shitty ideas.. or do you just want a pump so you can dump and get out? is that it?
total coin number is not the element of price. it is determined by difficulty and popularity, just look at nxt, 1billon and price is 0.0000597btc. and btsx has the number of 2billion, its price is 0.00006881, its current daily exchange volume is 502BTC! and both of them have reached billion now, while burst will wait until years later.. the only thing why burst price is so low is difficulty is not high and not popular now, we have not make enough advertisment, and few inverstors know this coin. And change the supply will also lose the reputation of burst.
August 25, 2014, 12:51:02 AM
Can we reduce block reward or max coins?
Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.
Yeah exactly. It would be a good way to get attention, while helping everyone involved in this great BURST community. There's no doubt it will raise the coins value.
Cutting the supply or reducing reward does not bring wanted attention...
It only benefits the current holders and hinders others from entering..
The only coins that cut supply reward outside of the schedule is for a fast pump so they can dump it to bagholders like yourself.
Please dont encourage so shitty ideas.. or do you just want a pump so you can dump and get out? is that it?
August 25, 2014, 12:36:13 AM
Initial implementation of reward assignment for v2 pools is done. Will be testing and hopefully releasing client update tomorrow.
Nice!
Can someone get this up on coinmarketcap?
August 25, 2014, 12:35:58 AM
cool. waiting for the client. thx
Initial implementation of reward assignment for v2 pools is done. Will be testing and hopefully releasing client update tomorrow.
August 25, 2014, 12:32:29 AM
Initial implementation of reward assignment for v2 pools is done. Will be testing and hopefully releasing client update tomorrow.
great job! update so timely 
August 25, 2014, 12:29:46 AM
Initial implementation of reward assignment for v2 pools is done. Will be testing and hopefully releasing client update tomorrow.
August 25, 2014, 12:29:14 AM
Can we reduce block reward or max coins?
Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.
It drops 5% per month. Works like a halving but its smoother
Maybe we could increase that to 20% per month instead.
The inflation is very high with the current specs. It's dangerous for investors. People will only short it, and no one will long hold because the price will drop due to rapidly increasing supply.
August 25, 2014, 12:15:15 AM
is there any place we can accuse this slander? is there a manager of the bitcoin forum? if there is , can you tolerate this behave? this title must be deleted , it is your dereliction of duty of letting people slender coins before investigation!what a shit dog!
https://bitcointalksearch.org/topic/scam-alert-some-will-be-a-shock-usecoin-burstcoin-crypti-755226
https://bitcointalksearch.org/topic/scam-alert-some-will-be-a-shock-usecoin-burstcoin-crypti-755226
August 25, 2014, 12:14:02 AM
Can we reduce block reward or max coins?
Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.
It drops 5% per month. Works like a halving but its smoother
Maybe we could increase that to 20% per month instead.
The inflation is very high with the current specs. It's dangerous for investors. People will only short it, and no one will long hold because the price will drop due to rapidly increasing supply.
August 25, 2014, 12:11:58 AM
Can we reduce block reward or max coins?
Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.
Yeah exactly. It would be a good way to get attention, while helping everyone involved in this great BURST community. There's no doubt it will raise the coins value.
August 25, 2014, 12:10:47 AM
Can we reduce block reward or max coins?
Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.
It drops 5% per month. Works like a halving but its smoother
August 25, 2014, 12:09:44 AM
Can we reduce block reward or max coins?
Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.
August 24, 2014, 11:51:08 PM
Can we reduce block reward or max coins?
August 24, 2014, 11:43:01 PM
I was on the IRC channel last night talking with the developers of this coin (they didn't know it was me under this name), and they were talking about how they are planning to do a massive dump later this week.
So if I were you, I'd sell off my BURST coins to some sucker immediately.
This is my public service message and good deed for this year.
Any evidence?Copy/Paste the text from IRC?So if I were you, I'd sell off my BURST coins to some sucker immediately.
This is my public service message and good deed for this year.
Don't believe it, maybe someone is parading as the dev on IRC. The guy has been irate, insulting, patronizing, FUD and more, that is just from reading his post and not a judgement. I wouldn't be surprised if he is a part of a FUD team to manipulate prices to buy low, then sell high. ie. Bobsurplus and others like that.....
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