Deflationary tokens are very common in crypto space and correct, without real product and no concept projects. Most probably they will end up into a failure project and commonly happen exit scam. Let say, when a token from hype project undergoes deflation, it is becoming more valuable (this is increasing purchasing power) over time.
But the fact this product didn't have a real value and your investments goes down as your output is less worthy compared to your inputs as a capital. Better to stay away on this kind of investment rather than you've lost your money.
Topic: Deflationary tokens here and there - page 3. (Read 704 times)
And yet some newbies will fall for deflation tokens thinking that it will bring highest profit as far as transaction is going on,this tokens are actually making crypto looks bad in general, I'd stay away if I were you
Deflation tokens with no real product is a failed project and i expect people to be wise enough not to invest in this kind of projects although for quick profits you can participate in their free airdrops since its free money
I think with many names of tokens that appear, tokens that have unique names but without having a real concept don't need to be followed up, just look at them, they just want to influence the market and damage the crypto market dynamics.
How can they be deflationary when you can create thousands of copies of the same token?
You are going to say: " But we can copy paste btc too!"
But that's bullshit because none of the btc copies has the hash power which btc has. There isn't anything like bitcoin.
So, deflationary tokens ain't gonna work.
You are going to say: " But we can copy paste btc too!"
But that's bullshit because none of the btc copies has the hash power which btc has. There isn't anything like bitcoin.
So, deflationary tokens ain't gonna work.
This for attraction, developers wants profit for their production and if it's come anyway then it's ok! they are want just profit within quick time and sometimes they are not create any good future plan for this kind of productions!
Be careful not to engage in this kind of tokens especially they don't help anything on the blockchain technology they just been created to cause some disruption between the real investors on some project to turn their investment to them.
Let's not support this kind of investment rather let's put our money to the real project that develops some kind of innovative technology to our world right now. many are attractive to those kinds of tokens but remember the sayings about "Easy Come, Easy Go". that would not take long and the price will get down soon.
Let's not support this kind of investment rather let's put our money to the real project that develops some kind of innovative technology to our world right now. many are attractive to those kinds of tokens but remember the sayings about "Easy Come, Easy Go". that would not take long and the price will get down soon.
After watching the success from BOMB, they as well are thinking about making some quick bucks. BOMB has gotten huge success which attract people to create same algo token. I don't think other than BOMB, no token will get success. Everything will be trash.
Developers want to make a profit, perhaps the fake team and the programmer does everything that he can write a program and sells it to users. And support is not planned.
You might want to add flame token to your list,its max supply is so limited i think its just 5000 total supply,this tokens are trying to be like BOMB token but all of them have no real use case yet they have highest price value in short period of time due to the deflation
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
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