Burst is bursting up by dcolthar

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bitcoin · @dcolthar · Jun 23 '17

$0.03

Burst is bursting up

<center><h2>Burstcoin is on an upwards run</h2>
![download (1).jpg](https://steemitimages.com/DQmRJSy1pqQvZrvcicmf5ECAtrVsbRRojKfhcZKnLrKqavd/download%20(1).jpg)</center>

Burst has risen 40-50% in the last 24 hours and is sitting around 0.023 cents USD where previously it was around 0.015.  This seems like quite a sudden jump for a crypto to naturally take and more resembles a pump and dump type situation.

That being said Burstcoin was recently added to Bitsler which is the second largest online bitcoin gambling site so maybe this is a delayed reaction to that addition?  Most of the market trades and buys have been seen through the exchange Poloniex.  

What are your thoughts on this, will we see this drop or will Burst remain around this mark or climb higher?  Images below outline the climb in recent hours.

<center>
![Screenshot_20170623-143430.jpg](https://steemitimages.com/DQmS3swkEjNzSAm7AZd9Ht74ZDcZp6xFMwGL2kqmAzedamc/Screenshot_20170623-143430.jpg)
![Screenshot_20170623-143455.jpg](https://steemitimages.com/DQmRoUJEKtNSBB5QqZf9AdD6n8XeKYJUrh5WioxfseXfnpN/Screenshot_20170623-143455.jpg)
![Screenshot_20170623-143520.jpg](https://steemitimages.com/DQmZ2oYF8bvEYH8Gnhi1fHZuPykWVDVQGLEwq28PNFV6aPc/Screenshot_20170623-143520.jpg)
</center>

Thanks for your comments, upvotes and follows.  Stay tuned for more and check out my post on **[Burst proof of capacity mining](https://steemit.com/burstcoin/@dcolthar/burstcoin-mining-a-fun-sideproject)** and stay tuned for more crypto and tech news!
<center>
![Screenshot_20170617-124624.png](https://steemitimages.com/DQmZa2Qd7RKSMD33B6vkJjrcRE7jZmzh2s2wmVNmkFsryhu/Screenshot_20170617-124624.png)
</center>

👍 umarmalik, dcolthar, coocoocachoo, jjames66

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@earthtone · Jun 23 '17

BURST has had natural growth with real adoption. It has a limited supply and an elliptical emissions curve which should cause the price to be higher in the future.

👍 dcolthar

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@dcolthar · Jun 23 '17

I agree, the community for burst is very active and well developed.  I hold burst myself so am hoping this is a growth that will remain.

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@earthtone · Jun 23 '17

You will probably see people take profits and the price might dip again. Burst is a stair stepper upward. The Burst asset prices crash when the coin price goes up because people start liquidating to sell the coin. I have 70 shares of snake eyes and it's bottoming right now. It will eventually recover so I'll just hold and collect the dividends in the meantime.

👍 jjames66

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@gurudeva · Jun 23 '17

$0.10

I hold 1000 Burst just cause I have them, but I really have no idea what the coin is for.

👍 gurudeva, dcolthar

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@dcolthar · Jun 23 '17

I hold as well, they actually have a really good community that has lots of infos even how to videos

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@steemitboard · Jun 24 '17

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