I like the idea of deflation in the real use of the token. for example, in the Moozicore project, tokens will be burned if they are used inside the platform. such a concept will be successful if the platform becomes popular and attracts a large number of audiences
BOMB also has this kind of feature where 1 BOMB gets destroyed whenever a transaction is completed. But due to such feature a crypto cannot go further if no product or service is given. 
Topic: Reality of some Deflation tokens - page 2. (Read 406 times)
Deflation tokens also known as self destroying tokens are quite a new entered concept in crypto where supply decreases with the time and price is speculated to go higher if demand remains at least the same.
For example BOMB.
BOMB is one of those deflationary tokens where there is no real product and admins are just hyping the token over the concept of deflation. Have a look at twitter handle
twitter.com/bombtoken
Point for all the talk is these projects are just a waste of time and funds if you dont have any real product and rely on just creating hype.
And another lesson is these things cannot work and this concept is failed with no real product.
That's true how can you choose to gamble on experimental token like "Bomb Token" its risky because its just an experiment and no guarantee or value. in other words its a hallow project, Bomb was created for an experiment purposes on how deflationary token works. no product, no use case and no development it means nothing. For example BOMB.
BOMB is one of those deflationary tokens where there is no real product and admins are just hyping the token over the concept of deflation. Have a look at twitter handle
twitter.com/bombtoken
Point for all the talk is these projects are just a waste of time and funds if you dont have any real product and rely on just creating hype.
And another lesson is these things cannot work and this concept is failed with no real product.
The reality here is that both the project devs and the people shilling it are only there for the money they can make from it. I am flabbergasted that nobody is talking about the fact that this project has no application or value to every day use yet they are hyping and buying it
I don't really think people still believe in deflationary tokens anymore, all of them have no concise project aim. By the way, the whole idea is messy, and will never be adopted. Why will I want to buy into a token that keeps depleting whenever I do transfers, doesn't really makes sense to me and I wonder why anybody ever bought in.
https://coinmarketcap.com/currencies/bomb/
although like coins that are not serious, I check they still have good endurance, I do not follow this coin, but there are interesting things where deflation can be something powerful, but there must be a usability implementation, without this, demand will not increase and will only be solid as a premium collection. Their ideas are very different from most of the others, I have never seen anything like this.
although like coins that are not serious, I check they still have good endurance, I do not follow this coin, but there are interesting things where deflation can be something powerful, but there must be a usability implementation, without this, demand will not increase and will only be solid as a premium collection. Their ideas are very different from most of the others, I have never seen anything like this.
This strategy is similar to that of the deflation tokens but the deference is in the quality of the project and their contributions to the industry
You're correct, the idea of deflationary tokens is not a bad one, neither is it as scam as some people may think, but the projects are coming out with just that strategy alone and that's very foolish, you cannot just create a coin and burn a particular percent at a particular time and expect that to be the master plan that'll lead to the success of the product.If the coin is good, has a good use case, real good product, then burning tokens may not be a bad idea as the supply would be reduced at intervals while since the product is good, it will attract more users and the demand would go up, which would increase the price of the coin too.
Deflation tokens also known as self destroying tokens are quite a new entered concept in crypto where supply decreases with the time and price is speculated to go higher if demand remains at least the same.
For example BOMB.
BOMB is one of those deflationary tokens where there is no real product and admins are just hyping the token over the concept of deflation. Have a look at twitter handle
twitter.com/bombtoken
Point for all the talk is these projects are just a waste of time and funds if you dont have any real product and rely on just creating hype.
And another lesson is these things cannot work and this concept is failed with no real product.
I do not have information about the bomb, but according to CMC, it is still trading. In fact, it is possible to see such projects on the Wave platform. There is no benefit, only a few people make a profit from each other. At first, big fishes create hyip, then the little ones fall into this. For example BOMB.
BOMB is one of those deflationary tokens where there is no real product and admins are just hyping the token over the concept of deflation. Have a look at twitter handle
twitter.com/bombtoken
Point for all the talk is these projects are just a waste of time and funds if you dont have any real product and rely on just creating hype.
And another lesson is these things cannot work and this concept is failed with no real product.
The reality of deflation tokens are they have no working products or a real use cases yet many investors are rushing them hoping that in a few years they will get rich, i won't say this is impossible because once upon a time shitcoins did make some people rich in crypto space but now its no more about hype, the next bull run might not take the ride along with shitcoins
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Speculative project does no good to the industry, we need project that solves real life problem that's projects with real product just as you have stated. The idea that the industry is a free market is the reason we're seeing concept like this pop up every now and then. Supposedly this concept are been merged with projects with real product and not just those profiting from hype and promise that the price will continue increasing then the idea would had been a wonderful one.
Currently other projects are burning their tokens occasionally to reduce supply and increase demand. This strategy is similar to that of the deflation tokens but the deference is in the quality of the project and their contributions to the industry. Don't invest mere on the fact the supply of a token will keep on decreasing technically meaning the price will keep increasing, without demand the project is as good as dead.
Currently other projects are burning their tokens occasionally to reduce supply and increase demand. This strategy is similar to that of the deflation tokens but the deference is in the quality of the project and their contributions to the industry. Don't invest mere on the fact the supply of a token will keep on decreasing technically meaning the price will keep increasing, without demand the project is as good as dead.
Deflation tokens also known as self destroying tokens are quite a new entered concept in crypto where supply decreases with the time and price is speculated to go higher if demand remains at least the same.
For example BOMB.
BOMB is one of those deflationary tokens where there is no real product and admins are just hyping the token over the concept of deflation. Have a look at twitter handle
twitter.com/bombtoken
Point for all the talk is these projects are just a waste of time and funds if you dont have any real product and rely on just creating hype.
And another lesson is these things cannot work and this concept is failed with no real product.
I consider anyone buying into the so-called deflationary tokens as a newbie who is yet to understand the reality about crypto investment. The concept is pointless from onset, I was so astonished when BOMB price went up drastically due to hype, many people who foolishly bought the top got burnt and that should be a lesson. Many new "bomb-like" tokens were launched afterwards by mostly scammers I presume and people still got trapped. We all need to be wise, don't just buy into tokens because you think it's got hype. For example BOMB.
BOMB is one of those deflationary tokens where there is no real product and admins are just hyping the token over the concept of deflation. Have a look at twitter handle
twitter.com/bombtoken
Point for all the talk is these projects are just a waste of time and funds if you dont have any real product and rely on just creating hype.
And another lesson is these things cannot work and this concept is failed with no real product.
It is another kind of fraudulent activity I have invested in some pos coin when the POS token was giving good profit example POS token it was giving good returns for holders just based on proof of stale concept all of sudden one day telegram channel stopped working next website gone down then huge drop in price finally it became nothing . This kind of new conveptvscammers observing they hype and sell fnally it will become nothing.
It usually happens when more investors will fall unto this shady projects who created hype on their end. Once it occurred we can't control the situation but ride on their strategies, but in due time failures will prevail which disappointed everyone who's following their community.
I will try to look at that concept differently.
Deflation tokens concept is a nice idea if well implemented especially with the reduction in the circulating number of the token in question ( It shall give the token all the advantages of deflation economically )
I also respect the thinking power of the team that thought it and brought it into existence.
I however agree with everybody here that such concept must have a working product.
I do not think deflationary is a nice concept because it will create a centralization which is not good. as Bttzed03 said, it was first introduced in 2017 but people did not care about it because it did not bring any benefit to the network and the community. every project that promotes deflationary as their main slogan is a shit project, none from them have a working product. Deflation tokens concept is a nice idea if well implemented especially with the reduction in the circulating number of the token in question ( It shall give the token all the advantages of deflation economically )
I also respect the thinking power of the team that thought it and brought it into existence.
I however agree with everybody here that such concept must have a working product.
I dont see any sense of creating these deflation tokens. Imagine there is no product or services rendered by this type of token also no admi or developer? How could this have a value? this will only add on the garbage tokens that many are complaining or dont have value.
The only thing that will make it valuable is the manipulations if whale that willing to gamble or attract newbie to invest with it and create some hype about it.
That idea has already used by so many scam icos and anything that related to the deflation should be considered a scam. There is not point to take it as a good idea and that's the worst idea ive ever seen. So many threads have already discussed that. Not usage and keep burn and burn crap coin. The only thing that will make it valuable is the manipulations if whale that willing to gamble or attract newbie to invest with it and create some hype about it.
The coins that used that idea have been creating for scamming purposes only and no more. The smart developers will not work on such a crap idea. Whales even not interested to trade that crap coin consider about they can spend it on a better coin.
Dynamite token is the next big hyped deflation token today and this token is been listed on good exchanges as well, i won't be surprised if it get listed on huobi or binance because deflationary tokens are way too over hyped and people are rushing them
First bomb and now dynamite what's next atomic? 
. Lol it's too obvious what they want to do creating a hype and make money from worthless token , then move to another project and then make another hype so they accumulate money from investors that want to earn in short period of time. 
Dynamite token is the next big hyped deflation token today and this token is been listed on good exchanges as well, i won't be surprised if it get listed on huobi or binance because deflationary tokens are way too over hyped and people are rushing them
So does it provide a service or has a product?they don't have a product but they provide services like for example, community-based and also they are conducting a social experiment.
The concept of deflationary token was first introduced in 2017. Here's something that's interesting about deflationary tokens, it seems that nobody wants to spend them and contribute to the burning. Investors seems more content in holding but what they don't realize is that the supply won't simply go down. The only time they move their tokens is when they sell it lol.
Dynamite token is the next big hyped deflation token today and this token is been listed on good exchanges as well, i won't be surprised if it get listed on huobi or binance because deflationary tokens are way too over hyped and people are rushing them
So does it provide a service or has a product?
Dynamite token is the next big hyped deflation token today and this token is been listed on good exchanges as well, i won't be surprised if it get listed on huobi or binance because deflationary tokens are way too over hyped and people are rushing them
Deflation tokens also known as self destroying tokens are quite a new entered concept in crypto where supply decreases with the time and price is speculated to go higher if demand remains at least the same.
For example BOMB.
BOMB is one of those deflationary tokens where there is no real product and admins are just hyping the token over the concept of deflation. Have a look at twitter handle
twitter.com/bombtoken
Point for all the talk is these projects are just a waste of time and funds if you dont have any real product and rely on just creating hype.
And another lesson is these things cannot work and this concept is failed with no real product.
They are just trying to create some hype with their new idea so they bring up with such name like Bomb so if anyone investing on it may not have enough knowledge about crypto currencies or they are here to make profits in short term.But in long term they will not be exist so people investing on these are taking high risk. For example BOMB.
BOMB is one of those deflationary tokens where there is no real product and admins are just hyping the token over the concept of deflation. Have a look at twitter handle
twitter.com/bombtoken
Point for all the talk is these projects are just a waste of time and funds if you dont have any real product and rely on just creating hype.
And another lesson is these things cannot work and this concept is failed with no real product.
It is another kind of fraudulent activity I have invested in some pos coin when the POS token was giving good profit example POS token it was giving good returns for holders just based on proof of stale concept all of sudden one day telegram channel stopped working next website gone down then huge drop in price finally it became nothing . This kind of new conveptvscammers observing they hype and sell fnally it will become nothing.
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