BOOM - First Self-Burning Cryptocurrency Based on Smart Contract

Naficopa

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Quote from: PochJvb on June 13, 2022, 02:16:16 PM

Quote from: ChpCms on June 12, 2022, 01:43:28 PM

But need to be wise in making the decision dont just invest in any shit coin where your investment is struck for years. BOOM is down for quite a while now and invest in BOOM only if you are not in hurry. DYOR before jumping into it.

There is no doubt that BOOM is down at the moment and the way Bitcoin is going down I am sure we are entering a bearish season. Price of Bitcoin will remain down for quite sometime and those who are not in hurry can jump into the market.

Bitcoin is going beyond 20k$ and this was something not expected till date by many. If price of BTC goes beyond 20k$ then there wont be any support until it reaches 10k$. 10k$ is the price achieved before this bull run started. BOOM in such bear season wont survive much, so better invest in something else.

PochJvb

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Quote from: ChpCms on June 12, 2022, 01:43:28 PM

But need to be wise in making the decision dont just invest in any shit coin where your investment is struck for years. BOOM is down for quite a while now and invest in BOOM only if you are not in hurry. DYOR before jumping into it.

There is no doubt that BOOM is down at the moment and the way Bitcoin is going down I am sure we are entering a bearish season. Price of Bitcoin will remain down for quite sometime and those who are not in hurry can jump into the market.

ChpCms

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Quote from: YinShuiSiYuan on May 29, 2022, 02:02:02 PM

Quote from: pritchathenexttrader on May 22, 2022, 02:32:48 PM

There is very little chance of BOOM going up in coming days, the market is not very much positive and BOOM behavior throughout this bull run is also very disappointing. My advice is not to jump into such coins at the moment.

Better find some other coin since I dont think there is chance of BOOM to go up there is no development coming from BOOM side and there token burning will take time before it will reach to a place where its demand surpass its supply. Till then you can roam somewhere else.

You are correct in saying this. But the real profit comes when you buy a coin when its down and everyone is running away from that coin. You buy that one and HODL and sell when it takes a big jump.

But need to be wise in making the decision dont just invest in any shit coin where your investment is struck for years. BOOM is down for quite a while now and invest in BOOM only if you are not in hurry. DYOR before jumping into it.

YinShuiSiYuan

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Quote from: pritchathenexttrader on May 22, 2022, 02:32:48 PM

There is very little chance of BOOM going up in coming days, the market is not very much positive and BOOM behavior throughout this bull run is also very disappointing. My advice is not to jump into such coins at the moment.

Better find some other coin since I dont think there is chance of BOOM to go up there is no development coming from BOOM side and there token burning will take time before it will reach to a place where its demand surpass its supply. Till then you can roam somewhere else.

galambo

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Quote from: pritchathenexttrader on May 22, 2022, 02:32:48 PM

There is very little chance of BOOM going up in coming days, the market is not very much positive and BOOM behavior throughout this bull run is also very disappointing. My advice is not to jump into such coins at the moment.

BOOM trading volume has returend to its normal range and those who are interested can buy or sell there BOOM. I still say that BOOM has long way to go and you need to have patience if you wanna get good profit from BOOM. Those who are looking for early profit need not to invest in BOOM.

pritchathenexttrader

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There is very little chance of BOOM going up in coming days, the market is not very much positive and BOOM behavior throughout this bull run is also very disappointing. My advice is not to jump into such coins at the moment.

SamaBB

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Quote from: YinShuiSiYuan on May 15, 2022, 02:31:12 PM

Crypto market is recovering now and thats a positive sign but the interesting thing is BOOM is not effected by bear or bullish of Bitcoin price. So I think despite market going in positive direction, BOOM investors wont see any sign of relief at least in coming few week or months.

Lets see how crypto market behave after this crash. There are many questions this crash has raised and good thing about BOOM is that its not affected by Bitcoin price both in up or down direction. This means coin has the capability to stand on its own.

YinShuiSiYuan

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Quote from: galambo on May 14, 2022, 02:58:52 PM

Now Boom is again showing some sign of life as today it has got 24 hrs trading volume of 86k. Crypto market is in still very panic situation and it will take some time before we see some settlement in price. If you have BOOM then keep and if you havent bought it yet then wait for some more dip.

Crypto market is recovering now and thats a positive sign but the interesting thing is BOOM is not effected by bear or bullish of Bitcoin price. So I think despite market going in positive direction, BOOM investors wont see any sign of relief at least in coming few week or months.

galambo

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Now Boom is again showing some sign of life as today it has got 24 hrs trading volume of 86k. Crypto market is in still very panic situation and it will take some time before we see some settlement in price. If you have BOOM then keep and if you havent bought it yet then wait for some more dip.

coinism

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Quote from: ?? on ??

Itv very much clear that Bullish bubble of crypto market has been brusted badly and now all coins are going down. In such circumstances its very hard for a coin like BOOM to go up, remember BOOM has been down and out for almost a year now. Its very hard to say this coin may go up.

Yes thats reality that due to LUNA and UST collapse the whole crypto market is crashing but its not only crypto but the stock markets are also down. The main reason for this is ukarine russia conflict. All markets will remain in certainty as long as this conflict is going on. coming towards BOOM just don't buy it if you haven't bought it yet.

sovie

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Quote from: domoy77 on May 08, 2022, 08:13:13 AM

If those who have bought in the last month or two and now have profited with BOOM, then it is better to sell now because take profit from the start is always better than having to wait long for higher profits because it is still not sure to come on BOOM.

In crypto or any trading market there nothing is clear, you sell one day and price goes to moon and vice verse. I do agree with your point that those who are struck in BOOM might have to wait for longer period of time now to exit this. Bitcoin is fully bearish now and as long as bitcoin is bearish there are no chances of BOOM getting bullish.

domoy77

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Quote from: bitgov on May 08, 2022, 06:48:00 AM

The way BOOM was going it was very much expected that it will stall at some point and this is the point now. Now those who have invested in BOOM need not to panic rather just show some patient. There is notthing to worry if you have bought this coin in recent one month or two. Market is bearish and so are alts.

If those who have bought in the last month or two and now have profited with BOOM, then it is better to sell now because take profit from the start is always better than having to wait long for higher profits because it is still not sure to come on BOOM.

bitgov

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Quote from: YinShuiSiYuan on May 07, 2022, 02:22:22 PM

Seems like BOOM is taking break now after few down word spikes. Whats interesting is that data of 24 hrs volume and volume/ market cap is not available on CMC anymore. But still if anyone thinks that BOOM has chance to go up then this is the right time to invest in this coin. Rest do share your opinion about this coin.

The way BOOM was going it was very much expected that it will stall at some point and this is the point now. Now those who have invested in BOOM need not to panic rather just show some patient. There is notthing to worry if you have bought this coin in recent one month or two. Market is bearish and so are alts.

YinShuiSiYuan

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Quote from: coinism on April 29, 2022, 02:42:02 PM

Quote from: TedBkgr on April 26, 2022, 02:16:22 PM

The deflationary coins are created with a very straight forward concept. You buy them and hold them till the time there supply goes down and when there demand goes beyond there existing circulation then you can claim your profit. If you have courage to wait then you can go for it.

I keep on saying but no one is listening that you don't just need to buy and HODL these deflationary coins. Even if there supply go down to minimum the price will go up only if they have some utility like solving the real world problem. Don't think that burning the coin alone will increase the price.

Seems like BOOM is taking break now after few down word spikes. Whats interesting is that data of 24 hrs volume and volume/ market cap is not available on CMC anymore. But still if anyone thinks that BOOM has chance to go up then this is the right time to invest in this coin. Rest do share your opinion about this coin.

coinism

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Quote from: TedBkgr on April 26, 2022, 02:16:22 PM

The deflationary coins are created with a very straight forward concept. You buy them and hold them till the time there supply goes down and when there demand goes beyond there existing circulation then you can claim your profit. If you have courage to wait then you can go for it.

I keep on saying but no one is listening that you don't just need to buy and HODL these deflationary coins. Even if there supply go down to minimum the price will go up only if they have some utility like solving the real world problem. Don't think that burning the coin alone will increase the price.

TedBkgr

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The deflationary coins are created with a very straight forward concept. You buy them and hold them till the time there supply goes down and when there demand goes beyond there existing circulation then you can claim your profit. If you have courage to wait then you can go for it.

Championt

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Quote from: coinism on April 23, 2022, 02:41:56 PM

Quote from: domoy77 on April 22, 2022, 03:08:30 PM

That time also can't guarantee that profits can come easily into BOOM, because all of that also really depends on the number of BOOM token enthusiasts on the market for 6 months or for one year.
So holding certain tokens for a certain period of time is not bad, but the profit is always related to the number of enthusiasts and demand in the market.

This is very much true that more token burning means lesser the supply of BOOM and if at the same time there is demand in high then surely price will go up. I think apart from token burning they must also focus on creating utility of the token because token burning alone cant increase the price of BOOM alone.

I would say its more about gamble then anything else. We will keep on discussing and tokens that have to go up will go up for unknown reasons despite the fact they have very small or no utility. Keep this factor in your mind if you are investing.

coinism

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Quote from: domoy77 on April 22, 2022, 03:08:30 PM

That time also can't guarantee that profits can come easily into BOOM, because all of that also really depends on the number of BOOM token enthusiasts on the market for 6 months or for one year.
So holding certain tokens for a certain period of time is not bad, but the profit is always related to the number of enthusiasts and demand in the market.

This is very much true that more token burning means lesser the supply of BOOM and if at the same time there is demand in high then surely price will go up. I think apart from token burning they must also focus on creating utility of the token because token burning alone cant increase the price of BOOM alone.

domoy77

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Quote from: galambo on April 19, 2022, 01:09:30 PM

Patience is the key for every crypto project. You cant become rich overnight. If you have the patience to wait for 6 months to 1 year then BOOM is for you I am saying this because in next 6 months to 1 year price will go up since the token burning will decrease the supply of BOOM tokens which are deflationary one.

That time also can't guarantee that profits can come easily into BOOM, because all of that also really depends on the number of BOOM token enthusiasts on the market for 6 months or for one year.
So holding certain tokens for a certain period of time is not bad, but the profit is always related to the number of enthusiasts and demand in the market.

azadm1

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Quote from: ddal3 on April 20, 2022, 07:16:26 PM

Quote from: galambo on April 19, 2022, 01:09:30 PM

Patience is the key for every crypto project. You cant become rich overnight. If you have the patience to wait for 6 months to 1 year then BOOM is for you I am saying this because in next 6 months to 1 year price will go up since the token burning will decrease the supply of BOOM tokens which are deflationary one.

I differ here, see the history of this token its only going in down word direction. Patience and wait has its own limits, you cant wait for indefinite period of time. I dont there this coin can go up in next 6 months based on its news from the owners and price.

Dont say that a coin going in down direction has no chance of going up in future. In crypto we cant say that a coin has a bad history that means its future is also dark. Just do some research on BOOM, its still very much in the competition.

Topic: BOOM - First Self-Burning Cryptocurrency Based on Smart Contract (Read 3698 times)