First Announcement of PoC Consortium

Almost a month ago PoC Consortium was announced in Bitcointalk. They claimed to be a group of highly skilled and well funded individuals came to lead BURST to its rightful place among other cryptocurrencies. They also claimed to be highly-paid professionals that have bought millions of BURST. Since the original creator of Burst like Bitcoin a mystery, I will just wait and see what will happen soon.

BURST Meteoric Rise and Abrupt Downfall

Burst had a bad reputation after a world famous cammer by the name of Adam Guaberez created Burst Nation. It was good in early 2017 until mid June when Burst's price peaked to 800+ Satoshi.

During that meteoric rise from below 60 Satoshi in early February 2017 to 800+ Satoshi, senseless drama began to happen between two largest Burst Forum(Burstnation and Burst-team). Then there was accusation of scam by the Burst Asset owners, which lead to infighting within Burstnation members. Not to forget mining pools were targeted and assets reduced to almost nothing.

Second Announcement From PoCC

After many months of not caring for Burst, I checked the Burst-team forum out then I discovered an official announcement of the new Burst website by the PoC Consortium. The only thing I managed to dig out is that they are European because in Bitcointalk I've seen post in German and in the other fourm post in French(hopefully not Quebec,Canada).

Burst now is around 250 Satoshi, mining wasn't great as before. The community wasn't as warm as before after the whole drama and assets turn to nothing. So I will wait and see what will happen soon, hopefully for the good because its the only coin mined using PoC and its an NXT fork.

I guess that is all I can think about Burst from the many months observing, mining and trading it. Hopefully this is a useful information, don't forget to Upvote, Resteem and leave a comment. Feel free to give your views or ask anything relating to this post.