Topic: Deflationary tokens here and there (Read 659 times)
Deflationary tokens looks like a very interesting investment opportunity because price of one token should grow in the future, but the reality is diffrent. At first you need to create a real use case for token and that is pretty hard, how many useful tokens you know?
Its better and easy to ignore such tokens, presently i have come across two new deflationary tokens this month of November which means that many are patronizing deflation tokens simply because of how profitable BOMB token later turned into.
Deflationary tokens is very common now and people have made some profits investing in it cause of its low total and circulating supply. Though some of this Deflationary tokens are here to scam so one need to be very careful and choose legit ones with at least a use case.
New projects are very much growing and can not be avoided, but it is unfortunate that the project is only for a momentary profit making so it is not surprising that many projects will become scams. I agree with you that we must be careful to choose and sort the best. What is going on with devs building deflationary coins and tokens here and there?
Bomb token was the first,now I'm seeing grenade,dynamite,ethplode etc ,why are they building these coins?its very alarming,for quick profit?
And everyone seem to be rushing these tokens,the fact is they have no real use case ,every single one of them, its just the deflationary thing only,I won't advice anyone to invest
Bomb token was the first,now I'm seeing grenade,dynamite,ethplode etc ,why are they building these coins?its very alarming,for quick profit?
And everyone seem to be rushing these tokens,the fact is they have no real use case ,every single one of them, its just the deflationary thing only,I won't advice anyone to invest
I agree that we should not invest in tokens no real use case. The token should be used either as a transaction tool or as a token utility on the platform. If the token is a real use case, then the adoption process will be able to run faster and maybe the company will get money from platform users
This just goes to show how fickle the Cryptocurrency space is, the deflationary market trended just like the lending coins market and just like we all expected when it was booming, it has finally fizzled out, some people ended up holding some bags that they would never be able to dispose of and some people made mad profit from the whole thing and the market moves on, we should learn never to FOMO into anything, learn to invest because you believe in a project, not because it's paying other people, that has always been the fastest way to rekt.
What is going on with devs building deflationary coins and tokens here and there?
Bomb token was the first,now I'm seeing grenade,dynamite,ethplode etc ,why are they building these coins?its very alarming,for quick profit?
And everyone seem to be rushing these tokens,the fact is they have no real use case ,every single one of them, its just the deflationary thing only,I won't advice anyone to invest
Bomb token was the first,now I'm seeing grenade,dynamite,ethplode etc ,why are they building these coins?its very alarming,for quick profit?
And everyone seem to be rushing these tokens,the fact is they have no real use case ,every single one of them, its just the deflationary thing only,I won't advice anyone to invest
After Bomb token every other deflationary token that came up are just copy cats and I just stay away from them. Was very lucky with Bomb as I invested and made huge profit
What is going on with devs building deflationary coins and tokens here and there?
Bomb token was the first,now I'm seeing grenade,dynamite,ethplode etc ,why are they building these coins?its very alarming,for quick profit?
And everyone seem to be rushing these tokens,the fact is they have no real use case ,every single one of them, its just the deflationary thing only,I won't advice anyone to invest
Bomb token was the first,now I'm seeing grenade,dynamite,ethplode etc ,why are they building these coins?its very alarming,for quick profit?
And everyone seem to be rushing these tokens,the fact is they have no real use case ,every single one of them, its just the deflationary thing only,I won't advice anyone to invest
The real experimental and deflationary token is bomb. The rest which came afterwards are just for the money. I have been in this market for long to decipher the real from the chaff. This is one of the demerits the unregulated blockchain that has to be addressed
in the bear market yesterday almost all altcoins experienced deflation. but some are starting to rise again. and the rest that can't survive will disappear. I think this is because not a developer mistake, but all this happened because the market fell and investor confidence decreases.
Deflationary tokens is very common now and people have made some profits investing in it cause of its low total and circulating supply. Though some of this Deflationary tokens are here to scam so one need to be very careful and choose legit ones with at least a use case.
Deflationary token are social experiments, many were created tor that function but as time goes on they devlop a real usecase for the project. Bomb has migrated to binance dex to create another token named bomb x, blockburn has Dapp at the moment and planning a staking program
All those deflationary tokens are almost baseless to me because they have no project aim aside deflationary token feature, making total tokens in circulation minimized. Every new day I see new deflationary token, what's the essence? Why are people buying these tokens? It's obvious that the main aim is to make gains and after that the developers will dump and probably move on to the next.
The purpose of investors is to make a profit, but where do you get the benefits of this deflation token? most of the price tokens fall in the market and not a few are finally delisted from the exchange. I am sure investors who buy these tokens are beginner investors who do not understand how to look for a good project. Because so far we still have a lot of beginners who are new to crypto, unlike those who have been long and familiar with crypto, they certainly won't buy this kind of token.
Personally only 1% of the so called deflamatory tokens can survive even if they are genuine for I see most to be scam and I see a particular group of persons behind this projects if not that they are making use of crtl + C together with ctrl+v
Deflationary token now is the new trend in crypto space, I wanna believe most of these developers are not ready to create any use case for their deflationary token, most are just creating tokens and they are getting it listed on forkdelta and then dump people who bought when it's listed, 95% of deflationary token are scam
What is going on with devs building deflationary coins and tokens here and there?
Bomb token was the first,now I'm seeing grenade,dynamite,ethplode etc ,why are they building these coins?its very alarming,for quick profit?
And everyone seem to be rushing these tokens,the fact is they have no real use case ,every single one of them, its just the deflationary thing only,I won't advice anyone to invest
Sounds like bump and dump token so you can decide whether you can invest on the project are not but definitely it is not good to invest for long term only go for this kind of investment if you just hit and run the the project with profit at initial stages. Bomb token was the first,now I'm seeing grenade,dynamite,ethplode etc ,why are they building these coins?its very alarming,for quick profit?
And everyone seem to be rushing these tokens,the fact is they have no real use case ,every single one of them, its just the deflationary thing only,I won't advice anyone to invest
All those deflationary tokens are almost baseless to me because they have no project aim aside deflationary token feature, making total tokens in circulation minimized. Every new day I see new deflationary token, what's the essence? Why are people buying these tokens? It's obvious that the main aim is to make gains and after that the developers will dump and probably move on to the next.
Lately I have seen many of this deflationary coin everywhere. I never knew of bomb token until now and the last of this type of coin I knew about was maxim. I try to see if there is any other useful case of it apart from deflationary . To me it's kinda useless
They think, a little supply will increase the value of something. Psychologically this principle is used by deflationary tokens creators to manipulate markets. This trend will end soon.
Everyone wants to make a profit, and everyone thinks they will be early investors, make a profit and withdraw safely. But most will suffer losses
I think they are aiming for a long-term goal, like Bitcoin. They want to be one of the deflation alts in the future and will be one of many choices.
This is also a good strategy because Bitcoin is well known for its deflationary mechanism. Bomb is cherishing that dream and hope they will accomplish their goals in the future.
This is also a good strategy because Bitcoin is well known for its deflationary mechanism. Bomb is cherishing that dream and hope they will accomplish their goals in the future.
The reason for creating those deflationary tokens which at the end of the day become useless is to rip people off their hard earned money. There are series of them with no product or use. Just there for nothing.
The thousands of coins that we have in the market, I really do usually think if they are just there for decoration because I have never really seen anything they are useful for, most of them promised projects they cannot deliver and when we talk of altcoins that are functioning well, they are still the altcoins that are within the first 100 of coin market record, and other are just there with no use case or whatsoever, so who are the people or population they are creating these projects for. I still don’t know why any new projects cannot juts partner with these top projects rather than creating a coin and giving t different names to just convince people into making investment, and also, I do not n=know why investors cannot juts consider these top 100 coins alone for now.
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