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Topic: Reality of some Deflation tokens - page 3. (Read 418 times)

sr. member
Activity: 1175
Merit: 275
November 24, 2019, 02:25:00 AM
#7
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.
member
Activity: 784
Merit: 21
November 24, 2019, 01:57:03 AM
#6
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.
Investors only care about profits not concepts anymore, bomb token have no real use cases but its deflation talent makes it a good choice of investment for many and few people have make big gains from bomb token already
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
November 23, 2019, 10:50:25 PM
#5
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.
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
November 23, 2019, 10:20:17 PM
#4
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.

It's pretty similar concept to any pyramid scheme. It only thrives on value and people who are buying it after you are basically supposed to pay more, because of declining supply. Everything on these coins just screams scam but as every scam, they can go up before the hype runs out.
full member
Activity: 504
Merit: 100
Option Blitz
November 23, 2019, 10:08:22 PM
#3
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.
Coins like this are often fraudulent and unrealistic. because deflation can only occur when there are many people who are interested in that asset and have a high demand for that product. Bitcoin, for example, is famous and sharks are constantly manipulated by sharks. so "deflation" happens to bitcoin. For Bomb, a new token has nothing real and no real community.
sr. member
Activity: 1123
Merit: 253
November 23, 2019, 10:05:28 PM
#2
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'm afraid this deflation token will end up exactly just a deflation token in which its value is going to deflate along with its supply. I don't understand why the developers will come up with this very blunt design. This is clearly designed following the economic principle that when the supply is decreasing while the demand is increasing or even kept the same, the value of that particular stuff will increase. This does not apply to this token because the demand is questionable.
member
Activity: 136
Merit: 12
November 23, 2019, 09:55:41 PM
#1
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.
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