The price is currently very undervalued, the network is VERY large and strong, and in fact, simply the number of drives it takes to run the network the size it is, costs a whole lot more than the market cap... it seems that since the coin is so cheap to mine, people are willing to sell at low prices... but IMO that's not the best idea.

The coin has some extremely valuable ideas in it, including Automated Transactions, and a decentralized Marketplace. Encrypted messaging, and asset system, and a decentralized Asset Exchange.

There is a LOT in the works as far as development, and there are legit companies forming on top of projects built on the chain.

It is backed by VERY trustworthy and high ranking members of the community, myself included, and the development is very strong and active.

The team is ever expanding, and working collaborations with multiple other teams.

a public roadmap has been posted here, with a lot of information, but only maybe a quarter of the projects that will be there, this roadmap will be constantly updating with new info, and more... http://burst.press


There is a TON in the works, including a decentralized file storage setup, and decentralized applications, that I am forming into a movement I'm calling 'Decentralize Your World'. Basically the forming of an entirely new internet in which everything will be encrypted and decentralized. Bringing security and privacy back to the internet, as it was meant to be.

The current price seems that many people are deliberately trying to keep the price down, not exactly sure why, but that is definitely what seems to be going on... as the coin's price makes no sense whatsoever, it should easily be 10x higher than it is.


But I do think that once all of the new stuff starts coming out, and we start pushing harder to public, and news outlets, a lot of this may start being seen by others, and the price will reflect that.


The coin already has the power of Etherium, with a far superior mining style that will likely be the PoW of the future, once everyone realizes the extreme potential therein.

We are not in a hurry, we are a bout doing everything on the up n up, and doing everything the RIGHT way, even if that means doing it slower. Our team is dedicated, and believes in the future of the coin, and the way we will get there is by continuing doing everything in the fashion we are, keeping to strong moral compass, and beneficial goals for the whole world to take advantage of.

We are the few in crypto that believe the crypto world shouldn't just be a breeding ground for scammers and people looking to make a quick buck then leave, we are building the future of computing, and the internet. Building things the way they should be, and doing this from the ground up, not from the top down.

Our infrastructure and network is VERY large and strong, and it is ever expanding. It will not be long before people see the way we are doing things, and the fact that we NEVER lie, and ALWAYS do what we say, and the value of the coin will reflect that.

Then, with the release of our new projects, and the whole idea beginning to form with our outreach outside the crypto community, things will really start getting exciting.

I am quite honoured to have you post on this thread Crowetic so thank you for offering your insight into the matter. I agree with every point that you stated, and that's partly the reason why I cringe every time I look at the price.

Burst is definitely in the top 5 of the most innovative coins out there and hopefully the price will start reflecting that in the near future. Higher market cap will bring it the attention it deserves and will definitely increase its user base. Over the last few months, I realised that sadly and unfortunately high volumes and high market caps are what lead people/"investors"/"traders" to think that the coin is actually useful. If Burst was judged and looked at from a pure technical perspective then i don't see many coins coming ahead of it.

The future is definitely bright though thanks to you and to your team

No problem, my pleasure. I always enjoy posting in threads about my favorite piece of technological genius, BURST!

I think there will be some announcements in the near future about a couple of different ideas we have, once we work out the ideas within the team, that will definitely put BURST at #1 in technical prowess, but as you said, there are some serious competitors out there who have a LOT of money, and unfortunately, sometimes money speaks louder than actually being able to do the things you say you can.

I personally believe though, that soon these highly backed coins, without much to really deserve the backing they have, will be shown to be what they are, and that will be the time that the coins with actual technical standing, and incredible ability, will be the ones to come out on top. Unfortunately, currently there are a lot of groups out there that manipulate things into their favor, whether they have what they say they do or not... and people tend to follow people with a lot of monetary backing, with or without the ability to prove what they say.

We, however, work the other way, and we know that when we continue to prove our tech is better than the competition, eventually it will be recognized by people who genuinely care about this, and THOSE are the people we want behind us, not people out for a quick buck, and just want to get in get out make money move on. BURST and our related team projects, are LONG TERM, and truly are out to change the way things are done on a fundamental level. We are less worried about making a quick dollar, and a lot more worried about making the future a place that is secure, and functions well, online.

Some day, this will be recognized by someone who can help us with some financial support, and that will help us to propel things to mainstream even faster, until then we will keep doing what we always have, and release solid products and assets, and branch out where we can when we can, getting users along the way. Great things come to those who work in the fashion we do, and we wholeheartedly believe that. This is about good Karma, and making sure we don't screw people over to make money. This is about making sure the things that are done, are done in the correct way, not the fastest way, guaranteed to make the most money quickest.

We will keep doing what we do, and we know that people will respect our way of doing things and back our projects for the right reasons, and in the end, these people will benefit a lot more than the ones investing in short term pump n dump schemes, or projects without any real merit selling underdeveloped projects to the masses in hopes of making quick money. They will eventually be found out for what they are, and projects like ours will succeed. That's my opinion anyway.

Of course, I would like it if things could be done as soon as possible, but doing things the right way sometimes means taking a little longer to do it, but it's all good, because that will make us win in the end.

BURST isn't going anywhere, and neither is the morality of the team behind it.

Fly me to the Moon 

Call me optimistic but I see Burst trading at above 100 sat within 3 months. I tend to compare burst with +1 billion coins such as BTS,DOGE, NXT(999 million), SIA, XEM and few others and I feel quite confident in saying that burst has quite a lot more to offer than the aforementioned coins. Burst at a cent each would give it a market cap of close to 15 million with the current coin supply so I would not be surprised if we are trading at that level by year end (extremely optimistic target). 

Many times markets are suppressed a week or two before a huge pump... but sadly usually a dump follows

Do you reckon the recent Eth/Dao theft will affect Burst? If I understand it correctly, the theft is related to flaws in their smart contracts. And, in comparison, Burst's automated transactions are flawless (so far). I'm thinking that this event could positively affect Burst in the long run, but meanwhile Burst value keeps going downwards... I reckon the floor might lie around 15-16 satoshi, but I see no reason to wait for a lower price than what we already have if people want to invest in Burst.

We are not only going to continue the videos, but we're also going to issue our PR campaign to issue a 'CHALLENGE to HACKERS' to hack our Smart Contracts. Once we've proven them to be solid, which we're 200% sure about, I believe we'll get solid recognition from the community.

One Man's trash is another Man's Treasure.  I'm with you @Vella85 I'm buying, re-investing, and promoting because I'm known to put my money where my mouth is and Burst is truly undervalued currently.  Low investment HIGH return. 

Have a magnificent day on PURPOSE!
FXALTareeq

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  . 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 

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.