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Topic: Have you ever burned some coins or tokens? (Read 208 times)

full member
Activity: 322
Merit: 179
No, I haven’t burn any coin on my own. For those coins that was airdropped to my wallet for nothing, I will just leave it in my wallet. There is no point sending coins away and pay transaction fees for that.
jr. member
Activity: 168
Merit: 1
I did not fully understand.  Burn vsmysle keep in a purse until they depreciate Huh
full member
Activity: 2128
Merit: 180
I have nothing to lose if I continue to hold an specific coin. I will not burned it because I still believe that it can have value in the long run. Collecting tokens is pretty cool for me though I don't have much coin right now I still want to  hold.

I didn't do that. Sad
But I have a lot of wallet addresses forgotten, and there are some altcoin in it, which makes me feel sorry.

You burned the opportunity buddy, its sad but its ok. Try to secure your wallet this time Smiley
newbie
Activity: 252
Merit: 0
We all have few of those coins which just gets burned. That's why for a couple of months, I have started investing in the coins that are more secured and trustworthy. Otherwise, you only incur loss from this coins.
newbie
Activity: 238
Merit: 0
No i can’t do anything like this. Some peoples are burn coin firstly i knew something like this. How immature people they are!
newbie
Activity: 266
Merit: 0
No I never burned any coined but this coin is helpful for me and this bitcoin is increasing nowadays so it’s a great news for all of us and the main thing is this orice may double after few days later and this crypto currency will lead this world and this will change the buying format so it’s great news. About these problems I think bitcoin developers must think this.
full member
Activity: 322
Merit: 101
I've never burned a token. I don't even know how to do it, and to be honest, it didn't worry me.
To list tokens to a random purse is also a bad idea. You pay Gas.
And the cost of the commission can be much more than the shit that the scammers sent you, or just an unsuccessful investment, or a useless airdrop. If it was free, then maybe some would be interested. I don't know.
newbie
Activity: 126
Merit: 0
I have not proper knowledge on it. And i didn't face it before. What are you taking about?
full member
Activity: 456
Merit: 102
The Premier Digital Asset Management Ecosystem
I try to accumulate more coins to sell everything at a stock exchange at a good price, since the profit that I can get after selling these coins depends on it
sr. member
Activity: 476
Merit: 250
I've heard that ERC20 tokens are burned by sending them to a zero wallet. At least this is what project teams do after the ICO is completed - they burn all unsold tokens.
newbie
Activity: 238
Merit: 0
No, I have not done this ever. There are always some unwanted coins in all wallet. So as I also have some. But I didn't feel to burn it because I have no time to spend behind them. Shocked Shocked
newbie
Activity: 294
Merit: 0
 Roll Eyes Lol never ever, i am a poor person i am here to become rich haha.  Wink i have no intention to do this kinda nirvana things. lol so funny.
full member
Activity: 280
Merit: 100
Yes, I'm collecting tokens now, since I believe that you can make a profit precisely because of the tokens of new projects, since these are the most promising coins at the moment...
member
Activity: 938
Merit: 13
AMEPAY
What is nirvana and what is their wallet address? please specify all the details, i have few junk, spam or valueless tokens in my wallet but then again if i try to burn them i still have to pay the gas prices myself so i think it will not be worth.
full member
Activity: 571
Merit: 100
I haven't burned any tokens or coins so far. To be honest, I didn't even know there was such a way to burn coins. Interesting information.
full member
Activity: 336
Merit: 100
I have never specifically sent a coin to nirvana. And I would never send my coins, but if a big player sends, thus reducing the amount and pinching the price I would gladly revisited
member
Activity: 470
Merit: 12
Nope, I have not done it yet mostly because I own tokens that I am interested in. On the other hand, if the project would be unsuccessful, I have no problem to send them away and burn them forever: I do not need tokens that are just trying to fill the space in my wallet Grin. Yeah, I would pay fees for that transactions. I have totally no problem with that. It is worth to get rid out of worthless coins. In my opinion, just as you know how much money do you have in your wallet, you should know what is in your crypto wallet as well and be disciplined here, just like in every other area of our lives.
hero member
Activity: 700
Merit: 500
I've never burned coins or tokens. I don't even know what that means. Can anyone explain? Lol

As far as I know it's basically when you send a large amount of transactions to just eat them up in fees or soemthing so the remaining tokens can never be used, but I could be wrong. Anyways I leave it to the experts!
sr. member
Activity: 532
Merit: 251
You know, when you send some coins into nirvana, they're lost forever - decreasing the supply of said token/coin. Have you ever deliberately burned some of your coins or tokens? What coin was it and why did you do it?

Why would I do that? I am hacked three times. But I never burned coins on my own. It is ridiculous. I am here to earn money, not burn money.
sr. member
Activity: 1162
Merit: 260
You know, when you send some coins into nirvana, they're lost forever - decreasing the supply of said token/coin. Have you ever deliberately burned some of your coins or tokens? What coin was it and why did you do it?
I haven't, there was no reason to burn my token. It's the same as burning my money to the nirvana. I have tried to send shit token to the default address and i just try to do that to erase these shit tokens from my wallet because it makes my wallet so ugly dude. As far as i know when you are sending your coin to the default address and it will not decrease the circulating supply and it will be useless,
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