Topic: Deflationary Tokens - page 5. (Read 3834 times)
These coins are majorly experimental tokens. Bomb was famous for this then. These days some BSC tokens that are majorly Meme are deflamatory tokens with burn rates. Safemoon, Safemars and the rest.
Deflationary tokens still haven't got the popularity till date which they deserve. but that doesn't mean game is over for deflationary token. Give this token some time and I can safely say that they will go to moon in coming days. Just wait and HODL.
Deflationary coins start with huge supply to zero. The idea is very much inverse of bitcoin controlled inflation in which specific no of tokens will be generated till 2140. Whether this project will succeed or not its too early to say about that. There prices are down which makes them good for buying for long term HODLing.
The creation of deflationary tokens is to prevent the market from being flooded with excess tokens as more are mined, created, or sold off by the creators. Is it worth it to invest in? No. The reason why is because projects with deflationary tokens has no clear end goal. Most deflationary token projects aren’t running ICOs, instead, they seem to be running airdrops and referral schemes.
Stop looking price of deflationary coins on daily basis. It a normal thing that coins goes in hibernation period for years before waking up and touching moon. Just keep calm and buy deflationary coins at discount rates.
I dont know much about this token but I like the idea as its new and innovative. Not many will agree with this idea but there are many who like this concept. Give some time to deflationary tokens just like we gave to other tokens.
There is very little activity going in deflationary coins that's because investors are busy with BTC and top altcoins. Who is gathering deflationary coins at current cheap rates.
If you see history of deflationary coins then its evident that they have bullish season in the past they have enjoyed there first flight. Lets not underestimate these coins and have faith in them.
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 ?
I believe that many of these are born for speculative purposes and therefore I advise you to be careful, it is also true that I have read something about it in anticipation of ETH2... I don't know but I don't like the idea.My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
We need to be well aware of every coin we invest in crypto doman. DYOR and then invest in project of your choice. AFAIK, deflationary cons are new and well take some time. They will defiantly go up, we just need to be patient for that.
There are a lot of such tokens on the market, but this does not ensure that the price of the coin will constantly grow-no.
I saw a lot of examples when people simply weren't interested in the coin, even though it had a diinflationary effect on the market.
And so Bitcoin is a great deinflationary product)
I saw a lot of examples when people simply weren't interested in the coin, even though it had a diinflationary effect on the market.
And so Bitcoin is a great deinflationary product)
Whether a coin will go up or not is very hard rather impossible to predict. The biggest example of this is bitcoin.
Bitcoin is not deflationary coin rather it has controlled inflation.
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 ?
I believe that many of these are born for speculative purposes and therefore I advise you to be careful, it is also true that I have read something about it in anticipation of ETH2... I don't know but I don't like the idea. My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
There are a lot of such tokens on the market, but this does not ensure that the price of the coin will constantly grow-no.
I saw a lot of examples when people simply weren't interested in the coin, even though it had a diinflationary effect on the market.
And so Bitcoin is a great deinflationary product)
I saw a lot of examples when people simply weren't interested in the coin, even though it had a diinflationary effect on the market.
And so Bitcoin is a great deinflationary product)
The only thing that's worrying abut deflationary coins is the fact that coins in wallet that are sleeping will also be burned with time or not? Secondly is there any date that specifies the end of supply?
We are almost at the end of bull run (as far as I see). In current bull run we didn't saw deflationary coins going up. Primary reason may be the fact that they are very new and investors have invested money in coins that are already floating for many years.
Excuse me, what criteria do you take into account to say that we are at the end of the trend? The altcoin season has not started yet, this means that there is much to happen, I have not even seen all the altcoins in green or new projects that are in green, as it was in 2017, of course they are not currently met. conditions of that year, because now we are in a pandemic that has not yet happened and that even so there are vaccines in the world, new strains continue to come out, but bitcoin has reached almost $ 60k, and altcoins have not taken that trend that He has us used to it, some altcoins can reach x2 x3 x5 and still nothing, do you think that will not happen? what already happened?
If the market falls it is very difficult for us to see the Altcoins season, so do you think we are in the bullish trend? or is it still missing? In my personal opinion, I think there is a long way to go for the bullish trend.
Sir being senior member I stand no way near your oponion. My humble suggestion is that when bitcoin fall to 51k, many like me thought that its end of bull run but it wasnt like that bitcoin came back strongly. Almost all strong altcoins have enjoyed this bull run and I dont think those in red will turn green.
We are almost at the end of bull run (as far as I see). In current bull run we didn't saw deflationary coins going up. Primary reason may be the fact that they are very new and investors have invested money in coins that are already floating for many years.
Excuse me, what criteria do you take into account to say that we are at the end of the trend? The altcoin season has not started yet, this means that there is much to happen, I have not even seen all the altcoins in green or new projects that are in green, as it was in 2017, of course they are not currently met. conditions of that year, because now we are in a pandemic that has not yet happened and that even so there are vaccines in the world, new strains continue to come out, but bitcoin has reached almost $ 60k, and altcoins have not taken that trend that He has us used to it, some altcoins can reach x2 x3 x5 and still nothing, do you think that will not happen? what already happened?
If the market falls it is very difficult for us to see the Altcoins season, so do you think we are in the bullish trend? or is it still missing? In my personal opinion, I think there is a long way to go for the bullish trend.
Deflationary Tokens are new in the crypto market, they came at a time when investors confidence was greatly shattered by scam ICOs. If these projects are real then it will take them a while to establish there credibility.
We are almost at the end of bull run (as far as I see). In current bull run we didn't saw deflationary coins going up. Primary reason may be the fact that they are very new and investors have invested money in coins that are already floating for many years.
for me when we have joined and get profit quickly it is not a problem. but we have to be careful in being in the token, because it can end at any time without us knowing it. so even though it is at risk there will be a gap to get profit
supply of these deflationary wont go to zero over night, it will take years to be zero. We just need to buy when its at dip and sell when its bullish. dont stay in here forever.
This is a serious concern among investors that how long it will take to make take the supply to zero. If I am HODLer and I buy and came back after 1 year, wts the probability that coins will be there and not burned?
for me when we have joined and get profit quickly it is not a problem. but we have to be careful in being in the token, because it can end at any time without us knowing it. so even though it is at risk there will be a gap to get profit
supply of these deflationary wont go to zero over night, it will take years to be zero. We just need to buy when its at dip and sell when its bullish. dont stay in here forever.
for me when we have joined and get profit quickly it is not a problem. but we have to be careful in being in the token, because it can end at any time without us knowing it. so even though it is at risk there will be a gap to get profit
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