Topic: Really Burn helps Token in positive way? - page 2. (Read 828 times)
Actually buring mechanism works in different way than most of people think. As a Result, "news of token burn" create a hype which effects on people mind in positive way. If a token doesn’t have any market demand of investment, then burn can do nothing. When a project want to create bazz, then they use this strategy for people to attract. But if a token always has market demand and team burn their token then Supply will be reduced and token pump. vitalik buterin burn was biggest and most aggressivw for shiba, which made shiba pump. If anyone can do such aggressive burn (must be a potential demanded altcoin), then that will be also pumped, in my opinion
Burning of a token is very important especially when for tokens that are using the staking mechanism. Many projects are always burning there tokens so that it will have more value in the market. Apart from that, we all want to make money from the market with good profits. The burning mechanism is based on the team and how frequently the burn there token to make it have more resistance against the bear and shoot higher more.
As much as it's important, there are times that it didn't do anything to some of those projects that have done it. Well, that's for those projects that have little market capitalization and liquidity. Even if they will burn their tokens for as much as they can if there is no demand, the value of their token remains the same or might even go lower. That's why doing it frequently is like a promo for them to inform everyone that they're doing it to the token so it's going to be interesting. It's helpful but not to all that does it. 
Investors and holders who don't know about burning mechanism, demand burning as if token their invested altcoin will skyrocket after that but the process isn't working thus way. But after announcing burning, people start investing that altcoin and so price get increased. It depends of that altcoin how they'll take manage to take advantage throughout this process. Although memecoin with huge supply, burning are different, it Doesn't impact but team create hype by themself based on burning news. Shiba buring doesn’t really Impact but after burned shiba inu from vitalik buterin, effected a lot on its price which is rarely happened
Burning of a token is very important especially when for tokens that are using the staking mechanism. Many projects are always burning there tokens so that it will have more value in the market. Apart from that, we all want to make money from the market with good profits. The burning mechanism is based on the team and how frequently the burn there token to make it have more resistance against the bear and shoot higher more. 
I think that burning may have both positive and negative effects depending on the case.
In short, I see aggressive burning as negative, but steady burning as positive.
As far as I know, burning brings positive impact since it reduce the number of total supply. It triggers an increase of the price/value because the circulating supply probably will be lower than usual against the demand. Moreover, it will increase faster if there are bigger demands and hype after the burning steps. So far, I don't see a negative impact of the burning steps. Can you tell me what the negative impacts are?In short, I see aggressive burning as negative, but steady burning as positive.
However, for meme coins or shit coins, it can bring no significant impact. If the coins have no demands after the hype is over, the decreasing of the total supply will mean nothing. Whatever the number of the tokens, it won't be very helpful when there is no demand anymore.
Burning works on the premise that there is actual demand. It's probably not working for a lot of projects because they also have to create or manipulate the demand for the token. They often advertise aggressively by creating hype all over social media and offering new features that may or may not be useful at all. Methods like that are only good for short term.
Burns have two effects.
- The fastest effect is on projects that are already on the hype. I mean trending projects that are always in the hot coins of every exchange. When such a project is already make a wave, the news of coin burn will surely create more demand because it is believed to trigger limited supply
- Another effect is in the case mentioned by Op. Shiba is no longer trending and no matter how much coins the developers burn, it can only make little/no difference until the bull run approaches. The burning will give holders of the coin the conviction to keep holding and potential buyers the will to buy against the bull run.
It does convince people to hold, but also when there are more printed every day than what you burn, that doesn't really change much neither. So keep on burning, and burn a lot and have a daily burn if you must but I would say save it and burn big amount all at once and drop the supply amount significantly.
I still think that people do not understand the value of it, but there are also unlimited supply ones that burn as well which makes no sense to me at all. When there is a limited supply and you do a buyback and you burn the ones you buy, that really makes all the worth in the world.
But, when you have an unlimited supply that constantly grows and minted 10 million new coins this year and you burned a million of it, the result may not be how you want it to be. This is why I believe that it's going to be something quite important to challenge, it will take some time for sure, not going to be same at all. I hope that it gets to a point where it will not be that simple, and we are going to end up making sure that it can be improved further.
But, when you have an unlimited supply that constantly grows and minted 10 million new coins this year and you burned a million of it, the result may not be how you want it to be. This is why I believe that it's going to be something quite important to challenge, it will take some time for sure, not going to be same at all. I hope that it gets to a point where it will not be that simple, and we are going to end up making sure that it can be improved further.
Yeah, I really agree that burning tokens where there is an unlimited supply of it does not make the change. It is like artificially slowing the inevitable.. the value of the token going to worthlessness. Many developers make this a buzzword in order to attract investors but if we really look on what is needed, token burn is actually not needed at all, if the developer is able to create several use cases for the token, capping the token supply and implement a good marketing strategy, the value of the token will definitely increase. Token burning is a lazy way for the developer to artificially increase the value of the token in a capped token supply project.
Investors and holders who don't know about burning mechanism, demand burning as if token their invested altcoin will skyrocket after that but the process isn't working thus way. But after announcing burning, people start investing that altcoin and so price get increased. It depends of that altcoin how they'll take manage to take advantage throughout this process. Although memecoin with huge supply, burning are different, it Doesn't impact but team create hype by themself based on burning news. Shiba buring doesn’t really Impact but after burned shiba inu from vitalik buterin, effected a lot on its price which is rarely happened
I still think that people do not understand the value of it, but there are also unlimited supply ones that burn as well which makes no sense to me at all. When there is a limited supply and you do a buyback and you burn the ones you buy, that really makes all the worth in the world.
But, when you have an unlimited supply that constantly grows and minted 10 million new coins this year and you burned a million of it, the result may not be how you want it to be. This is why I believe that it's going to be something quite important to challenge, it will take some time for sure, not going to be same at all. I hope that it gets to a point where it will not be that simple, and we are going to end up making sure that it can be improved further.
the thing with unlimited supply coin that did burning is simple, you just see their circulating supply, if over the course of the year the burning could somewhat mantains balance and even could reduce the circulating supply and there's many demand for the coin itself, then I guess the burning does helps in raising the value.But, when you have an unlimited supply that constantly grows and minted 10 million new coins this year and you burned a million of it, the result may not be how you want it to be. This is why I believe that it's going to be something quite important to challenge, it will take some time for sure, not going to be same at all. I hope that it gets to a point where it will not be that simple, and we are going to end up making sure that it can be improved further.
other than that, it depends on the coin itself when its got unlimited supply, ethereum is unlimited supply but the burning mechanism is there to keep the circulating supply from flooding the markets.
it would be silly if it is some random coin with unlimited supply that allows the devs themselves to mint whatever they want.
I still think that people do not understand the value of it, but there are also unlimited supply ones that burn as well which makes no sense to me at all. When there is a limited supply and you do a buyback and you burn the ones you buy, that really makes all the worth in the world.
But, when you have an unlimited supply that constantly grows and minted 10 million new coins this year and you burned a million of it, the result may not be how you want it to be. This is why I believe that it's going to be something quite important to challenge, it will take some time for sure, not going to be same at all. I hope that it gets to a point where it will not be that simple, and we are going to end up making sure that it can be improved further.
Burning or not, it wont really be always that signifies that Altcoins price or its value would really be climbing up. Even if it does have that Trillion or Quadrillion supply but it do turns out that it does have actual utility or relevance then it would really be just that sufficient. It all matters with the utility because no matter how hard you do burn if the demand is depleting or the value is really going south then it would be pointless.But, when you have an unlimited supply that constantly grows and minted 10 million new coins this year and you burned a million of it, the result may not be how you want it to be. This is why I believe that it's going to be something quite important to challenge, it will take some time for sure, not going to be same at all. I hope that it gets to a point where it will not be that simple, and we are going to end up making sure that it can be improved further.
Unlike on having that continuous or increasing demand and having that humongous supply then it would really be just that going up despite of those huge supply numbers. It would be always varying or depending on the demand in the end of the day and this is something that you should instill into your mind. Burning does help if the demand is high and the supply is being cut but well its not actually that very common
nowadays unlike into those old years where burning is really that relevant. Now, it is really just that simply being ignored.
I still think that people do not understand the value of it, but there are also unlimited supply ones that burn as well which makes no sense to me at all. When there is a limited supply and you do a buyback and you burn the ones you buy, that really makes all the worth in the world.
But, when you have an unlimited supply that constantly grows and minted 10 million new coins this year and you burned a million of it, the result may not be how you want it to be. This is why I believe that it's going to be something quite important to challenge, it will take some time for sure, not going to be same at all. I hope that it gets to a point where it will not be that simple, and we are going to end up making sure that it can be improved further.
But, when you have an unlimited supply that constantly grows and minted 10 million new coins this year and you burned a million of it, the result may not be how you want it to be. This is why I believe that it's going to be something quite important to challenge, it will take some time for sure, not going to be same at all. I hope that it gets to a point where it will not be that simple, and we are going to end up making sure that it can be improved further.
Burning mechanism or utility of a token is good for the tokenomics of a project. As we all know and as cited by other users, it is meant to lessen the supply amd for demand to increase. However, not because a platform has a burning mechanism, success will be guaranteed already. A burning mechanism would work well if there would be a continuous demand with a particular token. I saw this with one of the famous play to earn game last year. They managed to create a burning mech for that game but it seemed to be too late to still gather the interest of their players therefore timing is crutial for the team behind a project. Eveything's too much wouldn't result to a good one and if things won't be managedbeveryrike jansss
Its crucial to use it whether demand is strong or low, or perhaps somewhere in between, as was the case with the infamous play-to-earn game from the previous year, which, depending on your perspective, either didnt work or may have worked to some extent.Everything in moderation, even too much or too little, appears to be a wise course of action, at least in some situations. Unless it is, it wont be good if there is too much or too enough. As a result, timing might be critical or inconsequential, and the project team must understand precisely when to use this method and when to avoid it. Therefore, the timing must be appropriate, albeit it need not necessarily be.
Hi,
Some How this Burn Buzz word stuck in my mind and i didn't see practical results so far in any successful token.
For example, Shiba Inu is burning tokens aggressively and is it really helping them?
May be i am noob here and happy to hear from experts!
I believe this topic will be useful for someone too!
If the token supply is burning, that means the total supply will be reduced. It will increase the value of the token. Also, price value depends on the news of the crypto market and the utility of the token.Some How this Burn Buzz word stuck in my mind and i didn't see practical results so far in any successful token.
For example, Shiba Inu is burning tokens aggressively and is it really helping them?
May be i am noob here and happy to hear from experts!
I believe this topic will be useful for someone too!
Hi,
Some How this Burn Buzz word stuck in my mind and i didn't see practical results so far in any successful token.
For example, Shiba Inu is burning tokens aggressively and is it really helping them?
May be i am noob here and happy to hear from experts!
I believe this topic will be useful for someone too!
If the token supply is burning, that means the total supply will be reduced. It will increase the value of the token. Also, price value depends on the news of the crypto market and the utility of the token. Some How this Burn Buzz word stuck in my mind and i didn't see practical results so far in any successful token.
For example, Shiba Inu is burning tokens aggressively and is it really helping them?
May be i am noob here and happy to hear from experts!
I believe this topic will be useful for someone too!
Hi,
Some How this Burn Buzz word stuck in my mind and i didn't see practical results so far in any successful token.
For example, Shiba Inu is burning tokens aggressively and is it really helping them?
May be i am noob here and happy to hear from experts!
I believe this topic will be useful for someone too!
Yes it is useful topic and it will be very helpful for newbies. I think token burn is big news for a coin/token. When they burn token then creat positive hype for that token in market and many investor want to invest on that token.Token burn event when occur then then token crisis creat so then price increase. We know every products price depend on demand and supply, So when supply were decrease then demand increase and price were high. Roughly we can tell burning creat positive impact and a attract buyers. So i can tell Really Burn helps Token in positive way there has no doubt. Some How this Burn Buzz word stuck in my mind and i didn't see practical results so far in any successful token.
For example, Shiba Inu is burning tokens aggressively and is it really helping them?
May be i am noob here and happy to hear from experts!
I believe this topic will be useful for someone too!
Honestly it's a gimmick to cloud the real price and provides little to nothing to the project itself. If projects are promoting it instead of what they are actually doing than it should be a red flag for anyone. It's a smoke and mirrors game, stops people from asking what they are really doing with the project.
The rug will come when everyone believes in what is called Burn Token. Even though that doesn't guarantee that the token can be trusted. Many scammers engage in this kind of practice in anticipation of new users asking how the project is progressing. Don't believe in new tokens that don't have a strong community, let alone promotions that you can't rely on. it's better to choose a token that is old and currently bearish, that's better.even though there are many shitcoins that created some kind of burning event but majority just don't care, they don't give a damn in regard of the coin thats trying reducing their supply through the means of burning.
instead, these coins are slowly heading towards their certain delisting in the future.
its just how it is with crypto space nowadays, even burning token thats supposed to be used for retaining the value is used for marketing stunt.
Honestly it's a gimmick to cloud the real price and provides little to nothing to the project itself. If projects are promoting it instead of what they are actually doing than it should be a red flag for anyone. It's a smoke and mirrors game, stops people from asking what they are really doing with the project.
Indeed. If the project only focuses on the burning program without developing the project itself, burning won't impact anything. When there is no demand on the market, lowering the number of the tokens will be nothing. But if the project grows constantly and they also have a good trading volume on the market, burning program will be helpful. So, it actually depends on the quality of the project and how the demand on the market.The rug will come when everyone believes in what is called Burn Token. Even though that doesn't guarantee that the token can be trusted.
Burning never guarantees the quality of the project. It is only the way to lower the number of total supply of the tokens. To know the quality of the project, we need to analyze many things on the project. Check the quality of the developers, how strong the community, how the market caps & daily trading volume, and check the partnerships are some of parts of the project what we need to analyze carefully.
Honestly it's a gimmick to cloud the real price and provides little to nothing to the project itself. If projects are promoting it instead of what they are actually doing than it should be a red flag for anyone. It's a smoke and mirrors game, stops people from asking what they are really doing with the project.
The rug will come when everyone believes in what is called Burn Token. Even though that doesn't guarantee that the token can be trusted. Many scammers engage in this kind of practice in anticipation of new users asking how the project is progressing. Don't believe in new tokens that don't have a strong community, let alone promotions that you can't rely on. it's better to choose a token that is old and currently bearish, that's better. 
Burning mechanism or utility of a token is good for the tokenomics of a project. As we all know and as cited by other users, it is meant to lessen the supply amd for demand to increase. However, not because a platform has a burning mechanism, success will be guaranteed already. A burning mechanism would work well if there would be a continuous demand with a particular token. I saw this with one of the famous play to earn game last year. They managed to create a burning mech for that game but it seemed to be too late to still gather the interest of their players therefore timing is crutial for the team behind a project. Eveything's too much wouldn't result to a good one and if things won't be managedbeveryrike jansss
Hi,
Some How this Burn Buzz word stuck in my mind and i didn't see practical results so far in any successful token.
For example, Shiba Inu is burning tokens aggressively and is it really helping them?
May be i am noob here and happy to hear from experts!
I believe this topic will be useful for someone too!
Some How this Burn Buzz word stuck in my mind and i didn't see practical results so far in any successful token.
For example, Shiba Inu is burning tokens aggressively and is it really helping them?
May be i am noob here and happy to hear from experts!
I believe this topic will be useful for someone too!
Honestly it's a gimmick to cloud the real price and provides little to nothing to the project itself. If projects are promoting it instead of what they are actually doing than it should be a red flag for anyone. It's a smoke and mirrors game, stops people from asking what they are really doing with the project.
If a coin is popular in the market and has a good value and a lot of investors for it, then it is natural that if the token is burned, the value of the token will increase a lot. Because burning will decrease the total supply of the coin and its demand will be high due to which the value of that coin will increase a lot. But if you are talking about a new coin for which there are no investors, even if that coin is 99% burned, the price of that coin will not increase because there are no investors for it. Burn issue will only work in a positive way when that coin is already popular but I don't think burn issue will do any good for new and shit coins.
Agreed, we were able to see this with Shiba Inu. When the token reached the market the supply was huge and the memecoins unexpected growth made more people interested on it. Further the development is made better and even the more real time usage is provided with acceptance in stores and day to day stores. There is huge fluctuations and to stabilize the market, continuous burning process is involved. If that hadn't done, now price could've gone to the bottom from where it bounced. Jump to: