- Main reasons for dead coin listing Abandoned or No Volume.
- Started 2014, Ended 2014.
- Social media ended 2014.
- Trading ticker (BUR).
- 8,400,000,000 Coins total.
- Not available to trade on any exchanges.
- Was built on standalone blockchain.
- Website is down.
- The Founder/SEO is Unknown.
Notes
Abandoned coin, Website down and no social media.
Links
http://web.archive.org/web/20141216221833/http://www.burbucoin.org/
The crypto-currency of subprime mortgage crisis.
BurbuCoin embodies the lessons learned from housing bubble and subprime mortgage crisis, making burbucoin more reliable, more secure and decentralized. With this in mind, burbucoin is presented as the fittest medium for trading financial assets like WARRANTS, OPTIONS and FUTURES.
WHY BurbuCoin?
The U.S. subprime mortgage crisis was a set of events and conditions that led to a financial crisis and subsequent recession that began in 2008. It was characterized by a rise in subprime mortgage delinquencies and foreclosures, and the resulting decline of securities backed by said mortgages. These mortgage-backed securities (MBS) and collateralized debt obligations (CDO) initially offered attractive rates of return due to the higher interest rates on the mortgages; however, the lower credit quality ultimately caused massive defaults. While elements of the crisis first became more visible during 2007, several major financial institutions collapsed in September 2008, with significant disruption in the flow of credit to businesses and consumers and the onset of a severe global recession. We have incorporated the lessons learned from housing bubble and subprime mortgage crisis, making burbucoin more reliable, more secure and decentralized. With this in mind, burbucoin is presented as the fittest medium for trading financial assets like WARRANTS, OPTIONS and FUTURES.