Deflationary Tokens - page 2. | Bitcointalksearch.org

Camelcoin

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Quote from: MoneyJ on August 02, 2021, 03:02:50 AM

Ethereum 2.0 staking will showcase its deflationary property where part of ETH will be burned and as a result it will be more valuable as time goes by. With no more limited ETH, the deflationary model make sense to keep stakers more interested in securing the network while millions of transactions take place from DeFis and smart contracts executions.

This is interesting because AFAIK there will be no stopping on supply of Ethereum coins they dont have any control over inflation. Since more tokens are adopting this model chances are that it will be a big success.

Barkul

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After going through the comments I can say that there is a mixed opinion about deflationary tokens. We need to study and do our own research to make a final conclusion.

MoneyJ

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Ethereum 2.0 staking will showcase its deflationary property where part of ETH will be burned and as a result it will be more valuable as time goes by. With no more limited ETH, the deflationary model make sense to keep stakers more interested in securing the network while millions of transactions take place from DeFis and smart contracts executions.

Devifajarina

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Quote from: philanthropist67 on May 27, 2020, 08:46:15 AM

I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

New coins usually have the greatest degree of weakness, the habit of issuing new coins to weaken other coins, this is proven the more coins the more chaotic the market, on the one hand the emergence of new coins can provide an alternative for people to invest, considering the top 15 coins are very expensive to buy. bought.

But the weakness of new coins usually does not have good prospects for the first 1 year, so many people are not interested in investing, if asked whether they are worth investing in or not, it goes back to each person.

If according to good market analysis and development, I think it is worth investing in, this requires knowledge to know whether the coin is good or not, if we are able to see market conditions and have good analysis, then investment habits will be perfect. .

barabeku

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Quote from: philanthropist67 on May 27, 2020, 08:46:15 AM

I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

As I know, it is said that burning of tokens can support the price as the amount of them decreases, but demand only increases or at least remains sustainable. On the other hand, I don’t know what will happen if all tokens are burned. I think that as soon as the number of them reach a target level, burnings will be finished and people will use tokens that will be already in circulation.

Barkul

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The point to ponder is are there any deflationary tokens that have given any profit to there investors or they are all sleeping coins?

KngrKhna

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Quote from: Benefactor on July 25, 2021, 02:36:58 PM

It sounds great on paper however when you truly consider everything, that model isn't economical over the long haul. Consuming can't go on always on the grounds that they can't stand to have a zero stockpile. I haven't discovered a flattening token where coins are annihilated each time an exchange is made, so on the off chance that I may realize what is that token. The engineers thought this will make a shortage in the market subsequently bringing about expansion in the cost of the token.

Sir I think same was said for Bitcoin in its initial days. We need to give this concept some time before we say this idea is obsolete. who knows these coins may have moon short very soon.

Benefactor

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It sounds great on paper however when you truly consider everything, that model isn't economical over the long haul. Consuming can't go on always on the grounds that they can't stand to have a zero stockpile. I haven't discovered a flattening token where coins are annihilated each time an exchange is made, so on the off chance that I may realize what is that token. The engineers thought this will make a shortage in the market subsequently bringing about expansion in the cost of the token.

KngrKhna

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Deflationary tokens are doing too good in current bull run. Many have made fortune with coins like BOOM. DYOR before you invest your hard earned money in deflationary tokens.

Anonymous193

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alt coin season is coming very soon as BTC is still standing firmly above 30k. If you dont have deflationary token in your portfolio add them before things get too expensive.

SamaBB

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If there price is too high then people wont mind paying for the fee that is cheap as compared to price and profit. Deflationary tokens start with huge price and supply, will take some time to climb high in price.

FinneysTrueVision

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Most new tokens have implemented similar deflationary mechanisms. They start out with a huge supply that gets gradually decreased. The purpose is to increase it's value by making it more scarce. This mainly seems to benefit early investors. I feel that by focusing so much on boosting price they will discourage adoption because people will not want to buy a coin that is too expensive. A lot of platforms that have their own token will charge a fee and then burn these coins. To me I would rather see them reduce fees or redistribute them to stakeholders instead of burning money that was used to pay for a service. Having lower fees would incentivize adoption and naturally increase the price.

SamaBB

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Quote from: Coroline on July 07, 2021, 02:48:31 PM

Bitcoin is different, in that its supply is limited. Indeed it causes monetary deflation, but the impact is predictable through a blockchain that displays all data from start to finish and in realtime, open and transparent. Prices of goods and services in the “Bitcoin economy” will naturally fall due to competition and innovation.

A deflationary spiral will not occur, because Bitcoin does not come from issuing new debt. Even the “interest/return” rate will adjust, until a balance is reached. This has already happened when gold was the standard of world currency exchange rates. Prices of goods and services fluctuate according to demand, without artificially increasing or decreasing the money supply by the central bank.

bitcoin is the king of crypto, no coin till date has come even closer to that. deflationary coins have there own importance and can be considered for investment. Right now they are down and can be added to list for future consideration.

langoot

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Quote from: Xinarae* on July 07, 2021, 11:34:12 AM

The demand for these currencies in the market is very low and it is very difficult to predict their future so no one can guarantee how valid the investment is. That is why it is better to stay away from these coins you can choose from 10 currencies at the top of the list.

If you have some extra cash then its better to invest this coin in some good deflationary coins like BOOM. It has very recently jumped 400% in one single day. Its just my opinion.

Coroline

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Quote from: XinZang on July 05, 2021, 01:22:42 PM

Quote from: Billo_ on July 01, 2021, 07:27:28 PM

My best deflationary tokens are Bitcoin (limited to 21 Million) and Avalanche (limited to 720 Million).
Bitcoin is known as digital gold and will be very popular at America.
Avalanche has a great technology and will be very polular at DeFi.

bitcoin is not deflationary rather it has controlled inflation policy. If you are building a portfolio then its good to add some deflationary token in your portfolio.

Bitcoin is different, in that its supply is limited. Indeed it causes monetary deflation, but the impact is predictable through a blockchain that displays all data from start to finish and in realtime, open and transparent. Prices of goods and services in the “Bitcoin economy” will naturally fall due to competition and innovation.

A deflationary spiral will not occur, because Bitcoin does not come from issuing new debt. Even the “interest/return” rate will adjust, until a balance is reached. This has already happened when gold was the standard of world currency exchange rates. Prices of goods and services fluctuate according to demand, without artificially increasing or decreasing the money supply by the central bank.

typerex987

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i took a look at DEED's tokenomics (deedy.digital) and it seems to me they will make a moonshot in the future. it goes without saying that no one knows for sure, but personally, looks veeery promising.

Xinarae*

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Quote from: pritchathenexttrader on July 07, 2021, 11:27:32 AM

Quote from: Jaered on July 06, 2021, 02:08:17 PM

I know one, 100x coin. Its not doing body and its owned by a doxxed crypto KOL. So everything seems legit and above board

100x coin with price of $0.00000001634. Its nothing but just a shit coin. Try some decent coin to get some good return in near future. Dont go after cheap coins.

The demand for these currencies in the market is very low and it is very difficult to predict their future so no one can guarantee how valid the investment is. That is why it is better to stay away from these coins you can choose from 10 currencies at the top of the list.

pritchathenexttrader

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Quote from: Jaered on July 06, 2021, 02:08:17 PM

I know one, 100x coin. Its not doing body and its owned by a doxxed crypto KOL. So everything seems legit and above board

100x coin with price of $0.00000001634. Its nothing but just a shit coin. Try some decent coin to get some good return in near future. Dont go after cheap coins.

Jaered

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I know one, 100x coin. Its not doing body and its owned by a doxxed crypto KOL. So everything seems legit and above board

Camelcoin

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Deflationary coins are catching up at quite good pace. Lets see how long they will take to come to main line coins, I am very much sure they will join the party very soon.

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