Author

Topic: RaiBlocks XRB Burn (Read 358 times)

newbie
Activity: 23
Merit: 0
October 25, 2017, 06:49:09 AM
#8
Has it happened already?
hero member
Activity: 1008
Merit: 531
October 25, 2017, 05:17:00 AM
#7
How that will affect the price?

With or without a burn, raiblocks could blow up.

The distribution was labour-based only and is pretty fair in my opinion. There just hasn't been enough interest in the coin right now and with the correct advertising for its coin burn the price could easily double or even triple.

Also, it needs more exchanges right now.
sr. member
Activity: 1680
Merit: 278
October 25, 2017, 04:28:25 AM
#6
coin burn isnt always profitable.. lets take a look at what happened with FLIK recently.. pumped 2 weeks before, but right before the burn.. dropped!!!!!!!
newbie
Activity: 56
Merit: 0
October 25, 2017, 02:26:09 AM
#5
How that will affect the price?

Positively I imagine. If less coins are in circulation and literally nobody buys or sells a coin all leftover coins gain in value. Knowing there is going to be a burn makes people want to buy that coin too so I would think it would

be positive in the end.

When is the burn going to be executed?
full member
Activity: 280
Merit: 102
The revolutionary trading ecosystem
October 24, 2017, 08:42:39 PM
#4
How that will affect the price?

Positively I imagine. If less coins are in circulation and literally nobody buys or sells a coin all leftover coins gain in value. Knowing there is going to be a burn makes people want to buy that coin too so I would think it would

be positive in the end.
full member
Activity: 532
Merit: 100
October 24, 2017, 07:06:13 PM
#3
I think if any coin burn them coins unsell it will be up. For example neblio. Dont worry about it, i contributed too im hopefull about them. Just be patiance
sr. member
Activity: 616
Merit: 251
October 24, 2017, 06:19:11 PM
#2
How that will affect the price?
I think prize will grow up, it is usually to many altcoins) I sell my xrb at ~3500 satoshis per coin and im glad)
member
Activity: 147
Merit: 12
DM for Spanish Translations
October 22, 2017, 08:06:18 AM
#1
How that will affect the price?
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