Burst (BURST) Live Price Chart & History

Price USD -1.71%
$0.008537
Price BTC
0.00000133
Volatility (7d)
@volatility_7d %
Volatility (30d)
@volatility_30d %
Market Cap USD
$17.0M
Market Share
Live BURST / USD Price Chart

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Since launching at $0.00196389 on 30/08/2014 Burst has achieved a price of $0.0085372377, falling -1.17% in the last week alone.

Burst Price Analysis: Predictions and Forecasts

Why buy Burst? What is it used for?

Burst is an open source blockchain platform with multiple core-level features that has been running publicly since August 2014. It is a code fork of Nxt using Proof of Capacity (PoC) consensus, meaning that you can mine it with your disk space... We describe the concept and implementation of a proposed layer to the Burstcoin cryptocurrency called “The Burst Dymaxion”. This layer implements an arbitrary scalable, energy efficient and anonymous transaction network based on colored tangles. Tangles are DAGs that can be seen as generalization of the blockchain. Coloring is a simple tagging technique used in cryptocurrencies to allow for coexistence of various instances of a class in a common data context. The Burstcoin network has several unique properties that make it our premier choice for implementation: its Proof-of-Capacity (PoC) consensus algorithm is energy efficient, fair and anti-centralistic, the blockchain is very compact and implements data scrubbing to reduce blockchain bloat and it has smart contracts. The coin has over 3 years of heritage and a community to bootstrap with, yet it is small enough to allow for significant improvements without a long and paralyzing scaling debate. The original Burstcoin blockchain is used as underlying layer to open and close an arbitrary number of general purpose transaction channels, similar to the Lightning Network proposal of Bitcoin, but using IOTA-like tangles for propagation and verification. Each of these channels is not limited in terms of capacity and number of transactions. This concept takes the best traits of the original Burstcoin, IOTA, Monero, ZCash and the newest Bitcoin proposals to create a currency suitable for truly global use. It allows e.g. banks, clearing houses, remittance processors and virtually all other market participants to use quasi-private, yet decentral and trustless transaction channels with desired properties.
Burst was launched in 30/08/2014. It uses the Proof of Capacity method of consensus, and is based on the Shabal256 algorithm. Burst's goals include first ever cryptocurrency using the Proof-of-Capacity algorithm that allows efficient mining. Burst aims to set itself apart from other cryptocurrencies due to the combination of many technologies: tangles, lightning network, Proof-of-Capacity, ring signatures, zk-SNARKs in order to create a truly global, scalable, green and anonymous cryptocurrency.

Will the price Burst fall continue to rise?

It's impossible to predict for sure if Burst is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days Burst has fallen by -1.17%
  • In the past month it has lost -14.513023245198%
  • In total it has appreciated by $0.0065733477 since its inception, a change of 434.71%

Can Burst reach, replace, pass or overtake bitcoin?

At present Burst is trading at 0.00000133 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 75,187,969.9%. If we assume Burst continued to as it has in the last month - with a price change of -14.51% it would take -7.6416667687111 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of BURST is going to take off and increase in price to a higher level we've done the math for you.
In order for Burst to reach $0.05 it needs to increase in price by a factor of 5.86x. Given its present growth rate of -14.51% per month, it could take just 9.1 months to hit a price target of $0.05 USD

What is the probability of hitting $0.05 over time?

Time periodChance final price > $0.05Chance final price < $0.05
1 week0%100%
1 month0%100%
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5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Burst to reach $0.10 it needs to increase in price by a factor of 11.71x. Given its present growth rate of -14.51% per month, it could take just 1.1 years to hit a price target of $0.1 USD

What is the probability of hitting $0.10 over time?

Time periodChance final price > $0.1Chance final price < $0.1
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Burst to reach $0.20 it needs to increase in price by a factor of 23.43x. Given its present growth rate of -14.51% per month, it could take just 1.4 years to hit a price target of $0.2 USD

What is the probability of hitting $0.20 over time?

Time periodChance final price > $0.2Chance final price < $0.2
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Burst to reach $0.25 it needs to increase in price by a factor of 29.28x. Given its present growth rate of -14.51% per month, it could take just 1.5 years to hit a price target of $0.25 USD

What is the probability of hitting $0.25 over time?

Time periodChance final price > $0.25Chance final price < $0.25
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
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3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Burst to reach $0.50 it needs to increase in price by a factor of 58.57x. Given its present growth rate of -14.51% per month, it could take just 1.7 years to hit a price target of $0.5 USD

What is the probability of hitting $0.50 over time?

Time periodChance final price > $0.5Chance final price < $0.5
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
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3 years0%100%
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5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Burst to reach $1.00 it needs to increase in price by a factor of 117.13x. Given its present growth rate of -14.51% per month, it could take just 2.0 years to hit a price target of $1 USD

What is the probability of hitting $1.00 over time?

Time periodChance final price > $1Chance final price < $1
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
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5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Burst to reach $5.00 it needs to increase in price by a factor of 585.67x. Given its present growth rate of -14.51% per month, it could take just 2.7 years to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Burst to reach $10.00 it needs to increase in price by a factor of 1,171.34x. Given its present growth rate of -14.51% per month, it could take just 3.0 years to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Burst to reach $15.00 it needs to increase in price by a factor of 1,757.01x. Given its present growth rate of -14.51% per month, it could take just 3.2 years to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is Burst a good investment? Is it safe to put my money into BURST?

No, it is not a 'good investment' to buy Burst, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Burst as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of BURST - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

How popular is Burst? Interest Over Time

Where is Burst most popular?

Burst Development + Team

There are 12 developers coding the source behind Burst There are no sales or marketing staff on the team which could impede the coin's growth.

Burst publishes bios of all of its team members at their website which can help investors understand the motivations and people behind the project

The team is not active on the social media channels, which can be a troubling sign. Their blog is updated regularly with news and information on Burst's development

.

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