Sorry for stupid question. If I want to invest on HDD to mining Burst at this time. Does it late? Any future or equip return after done volume of Bust mined. How long Burst will be mining done?
Thanks
it's never too late because if burst goes to 60000 sat, you can speed up your roi!!!
to get some forecast about your ROI DATE, plz check here:
http://burstcoin.biz/calculatorgood luck!
That's a terrible argument for investing in Burst. Sorry to "burst" your bubble, but Burst will never hit 60k sats. The supply is simply wayyy too high, and the only "locking" mechanism for supply is through the AE (which even this is flimsy, as people can "unlock" their funds instantly if they wanted). Don't get me wrong, I've been mining Burst since nearly genesis block, and fully expect it to appreciate in value. But you need to be realistic, especially when talking to someone new to the project.
Good reasons to invest (btw):
- Very low entry costs
- Very low ongoing expenses (nearly free in terms of electricity)
- Mature chain and community
- Integrated Asset Exchange provides on-chain opportunity for investments/projects
There's still ~10 years I think before Burst blocks won't pay a block reward.
You wrote constructively about BURST, and it looks like you are experienced user, but how do you set the price for that coin? You write that Burst price will never reach 60k satoshi - after all this is total nonsense! First: price of BTC can change in 1000% (put there how many zeros you want), second - it is unique project right now, so possibility of pump is like 99% .. I'm not thinking about 6 months, but in 2-3 years perspective of even few $$ is very realistic..
You're right, "never say never". Instead, I'll hedge < 1% chance Burst will hit 60k sats, for as long as 1btc >= $2k.
I love burst, but I really only love it as a miner. Here's why:
PoC is the #1 thing that differentiates Burst from any other alt coin. Not only is the consensus
at least as secure as other chains, but mining algorithm is one of the most energy efficient, especially in terms of scalability (at least until Vitalik finishes PoS). The AE is also a great feature which helps to set Burst apart. However, those really aren't enough to take this coin mainstream. The main functionality for Burst (as of right now, and for the foreseeable future) is simply transactions. Other than the AE, Burst doesn't have a major feature to offer the market. And already, one can do everything on Ethereum that you can do in the AE (allbeit its much more complicated on Ethereum), and even better.
Also, Burst isn't some new kid on the block. It's been around for a few years now, and already ~90% (don't quote me) of all Burst has been mined. While mining for block rewards will continue for several years still, the
vast majority is already on the market. Burst seems to have found a small niche for itself as a gambling coin, but I simply don't see a reason for large investors to go buying up sell orders on exchanges. There are other alt coins out there that will make a much bigger scene on the crypto world than Burst will I'm afraid. Now since I've started mining, I've consistently hodled (even at 25 sats!), waiting for appropriate price time. It's not here yet, but if you wait for and expect 60k sats, you'll never make profit.
I could go on (certainly there's a political side which has blackened the outlook for Burst; Adam himself is just a fat slug on the image of Burst), but that's the jist of it.
I'd really be interested in hearing why you think we can hit 60k sats, and maybe when?
Edit: I sure as shit hope I'm completely wrong though!!
I've sent you the coins back, I hope my account works now correctly. 
