token supply - page 2. | Bitcointalksearch.org

DabsPoorVersion

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Quote from: JC btc on January 17, 2020, 05:57:36 AM

Quote from: angrybirdy on January 17, 2020, 05:50:28 AM

Quote from: Anonylz on January 17, 2020, 05:27:20 AM

I agree with the op, if you are going to burn some tokens along the way, why creating so much in the first place, sometimes i get discourage with projects that have such huge supply with no actual use case, i think this is a point of proper consideration by the project team before creating any amount of token, btc with just 21 million supply still often get affected when a whale decided to dump his holdings,
there is no point to create huge supply then decide to burn some to help the price.

I think, this is all part of their marketing strategy. The easiest way to attract an investors interest is to make them have the vision of growing their investment by burning some of the tokens, you know, the lower the supply, the higher the demand.

Yeah, but I don't think something happening unless it is Bitcoin wherein we have seen it's potential, it's not burning but the demand increases everyday and for me it is fine and a good strategy if they will have a token burn for as long as they are doing their best to develop and constantly doing marketing to make the price grow.

It is indeed a good strategy, however, this is the only progress they can made then after that, nothing will follow. Most previous ico's have this kind of feature. But most of them actually end up dying without even making progress in the market.

Coltpython

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I dislike projects that have a huge token supply. It is ridiculous to me. However, I do not think that token supply still influences the performance of any crypto coin like it did around 2017

mrdeposit

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Quote from: Karto on January 16, 2020, 11:28:59 PM

burned tokens = the project most likely trying to manipulate people into buying to manipulate price
a coin should not be burned - ever
i dont see any valid reason to do that really

You think wrong about it. Have you ever heard about demand and supply? What if the total supply decreases? Can you imagine what would happen if the %10 of btc was burned? Or consider the supply of gold in the world. Click the link to fully understand about crypto burning: https://masterthecrypto.com/coin-burning-what-is-coin-burn/

JC btc

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Quote from: angrybirdy on January 17, 2020, 05:50:28 AM

Quote from: Anonylz on January 17, 2020, 05:27:20 AM

I agree with the op, if you are going to burn some tokens along the way, why creating so much in the first place, sometimes i get discourage with projects that have such huge supply with no actual use case, i think this is a point of proper consideration by the project team before creating any amount of token, btc with just 21 million supply still often get affected when a whale decided to dump his holdings,
there is no point to create huge supply then decide to burn some to help the price.

I think, this is all part of their marketing strategy. The easiest way to attract an investors interest is to make them have the vision of growing their investment by burning some of the tokens, you know, the lower the supply, the higher the demand.

Yeah, but I don't think something happening unless it is Bitcoin wherein we have seen it's potential, it's not burning but the demand increases everyday and for me it is fine and a good strategy if they will have a token burn for as long as they are doing their best to develop and constantly doing marketing to make the price grow.

zhekinsp

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Quote from: damar09 on January 15, 2020, 06:50:37 PM

sometimes I think if you look at the amount of token supply in such a large amount that trillions and trillions after the project runs several months or years, the token will be burned, what for if you make tokens with a large supply, but will be burned, ...?

Roll Eyes

You are talking about unsold tokens get burned? It is actually good if that token is going to be listed on exchanges because it will help to reduce the total supply and better price value based on ratio of demand and total supply.

angrybirdy

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Quote from: Anonylz on January 17, 2020, 05:27:20 AM

I agree with the op, if you are going to burn some tokens along the way, why creating so much in the first place, sometimes i get discourage with projects that have such huge supply with no actual use case, i think this is a point of proper consideration by the project team before creating any amount of token, btc with just 21 million supply still often get affected when a whale decided to dump his holdings,
there is no point to create huge supply then decide to burn some to help the price.

I think, this is all part of their marketing strategy. The easiest way to attract an investors interest is to make them have the vision of growing their investment by burning some of the tokens, you know, the lower the supply, the higher the demand.

Anonylz

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I agree with the op, if you are going to burn some tokens along the way, why creating so much in the first place, sometimes i get discourage with projects that have such huge supply with no actual use case, i think this is a point of proper consideration by the project team before creating any amount of token, btc with just 21 million supply still often get affected when a whale decided to dump his holdings,
there is no point to create huge supply then decide to burn some to help the price.

wildan88

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Quote from: Tduty on January 17, 2020, 03:41:13 AM

Having a large supply of coins at the beginning is not a good idea anymore. I always avoid such projects. Maybe they want to create a hype about burning token, like all the unsold tokens will be burned means it can make positive vibe to the investors, and after a certain period, burning token can boost the price up! So, I have no idea what benefits technically they get except these!

it has indeed become one of their strategies if not doing so is possible when prices are difficult to increase what will they do? with the reason of burning tokens at least it can make hype and increase prices because, in terms of burning tokens, they can do it several times until the supply is really a little and make the price more expensive. the purpose of burning this token is to deflation, then to control the amount that is circulating, and so that investors get greater incentives.

FanEagle

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Quote from: damar09 on January 15, 2020, 06:50:37 PM

sometimes I think if you look at the amount of token supply in such a large amount that trillions and trillions after the project runs several months or years, the token will be burned, what for if you make tokens with a large supply, but will be burned, ...?

Roll Eyes

Well, if a project has a large number of tokens which are not all sold than they can burn the remaining tokens. Burning the tokens is actually good for the project as it creates a scars in the amount of tokens which would rather keep on the demand increasing. Burning the tokens is actually an effective way to start a price pump in the price and hence most of the projects would now consider burning there remaining tokens to keep their project in well-demand.

I do not find anything wrong in this though because creating a larger amount of tokens might not be that bad step as in a case, there are a lot of investors than each of those tokens would be sold.

Tduty

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Having a large supply of coins at the beginning is not a good idea anymore. I always avoid such projects. Maybe they want to create a hype about burning token, like all the unsold tokens will be burned means it can make positive vibe to the investors, and after a certain period, burning token can boost the price up! So, I have no idea what benefits technically they get except these!

jostorres

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Quote from: FireBallex on January 16, 2020, 01:23:23 AM

Burning tokens is another form of reducing supply and increasing value, it's not a wrongful deed if this happens, some project developers have high expectations for their token but after a while they know they don't need much token supply

Yes, initially each team member behind any successful project would like to have excess amount of token supply for their project which means they would also need a lot of investors to purchase those. But at the end of each round of token sale, if the dedicated amount to the round is not sold than the team has the right to burn the excess amount of tokens.

This actually creates a limited supply of tokens which would never be generated again and it would constantly keep on rising the demand for the token as the supply would get limited. This would keep the price for the token on an ascending graph which actually would be what is expected by the team members.

Sri rahayu

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Quote from: huu78 on January 16, 2020, 11:44:53 PM

The strategy of the developers by reducing the supply means the goods are increasingly scarce and the price automatically rises maybe it's one of their techniques that has too much supply to increase the sale price of such tokens.

It will not be automatic and it takes time, prices will not rise if there is not much demand, the team must have the right strategy and time to do it. And clearly, the token or coin must have a useful function.

iv4n

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Quote from: chip1994 on January 17, 2020, 01:50:58 AM

The total supply doesn't really matter, what matters is how much the team holds and what the price of the token is. Tron, for example, is a coin with a very large total supply and it grows strongly because the team holds a lot of coins, has an actual roadmap and can accomplish a lot of big goals. Therefore, the whitepaper is still very important, we should observe the team's strategy to protect the price of coins more.

I can't agree with you, total supply matters! Supply and demand have an important relationship that determines the prices of most goods and services. Tron, ripple, and some other coins have a large supply, to ensure people that they will not just dump those coins usually in wp is stated that coins will be locked for certain time, and for what those coins can be used.
It's tricky, it's on us to believe that those coins will remain locked for a specific time period, we can believe that those coins will be used for developing, we can believe, but that is not the truth necessarily.

chip1994

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Quote from: damar09 on January 15, 2020, 06:50:37 PM

sometimes I think if you look at the amount of token supply in such a large amount that trillions and trillions after the project runs several months or years, the token will be burned, what for if you make tokens with a large supply, but will be burned, ...?

Roll Eyes

The total supply doesn't really matter, what matters is how much the team holds and what the price of the token is. Tron, for example, is a coin with a very large total supply and it grows strongly because the team holds a lot of coins, has an actual roadmap and can accomplish a lot of big goals. Therefore, the whitepaper is still very important, we should observe the team's strategy to protect the price of coins more.

marilynmanson21

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it does not matter, whether it will be burned or not, basically everything depends on the use of the coin, if the coin or token has no use, then all in vain,
and according to me, the coin was burned because it was to balance the demand on the coin.

Lagduf

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Quote from: andriarto on January 16, 2020, 10:56:58 PM

Quote from: MI6 on January 16, 2020, 10:46:28 PM

Quote from: damar09 on January 15, 2020, 06:50:37 PM

sometimes I think if you look at the amount of token supply in such a large amount that trillions and trillions after the project runs several months or years, the token will be burned, what for if you make tokens with a large supply, but will be burned, ...?

Roll Eyes

I think that is kind of strategy to attract investor. Not resist that burning token usually make developer can pump their token and who actually pump it is users who believe that it can be pumped because less supply and will make a lot of demands. Grin

if the tokens circulating are still small, I think burning tokens will only have a momentary effect if there are no products needed by many people. when the news comes token will be burned will certainly attract investors to buy it so prices rise due to reduced supply, after the price surges there will be many investors selling it, and here the team's task is to keep growing

That depends on what kind of tokens that have already burned by the team. If the burned tokens are coming from the circulating supply that has already bought by the team use the revenue that they are getting it from their product and that will be affecting the price of coin. If the team was burning the tokens that were coming from their pre-mined coin and that will not give even a small impact on the market. You must see the aspects behind the token burn. You can't say if any token burn will result in the rise of coin.

zenhu

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Burning token supply will make it the prices can be higher than before, its strategy from the developers to growing up investors funds. But its not until token supply be zero. I think the team must doing something that can make more people interest with the product, can make the demand in the market more higher.

shaheer001

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I personally dislike the projects which have token supply in trillions or adding billions token to their total supply, I think they just want to become rich in Quicktime and then want to leave the project a scam.

huu78

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The strategy of the developers by reducing the supply means the goods are increasingly scarce and the price automatically rises maybe it's one of their techniques that has too much supply to increase the sale price of such tokens.

Reid

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Large supply to sell it cheaper.
It will look like it will be an easy profit later on for the buyers.
Having 1000 tokens with just $1 is a good looking thing to buy.
You could get millions in just thousands of dollars. Then, investors will suggest a burn of token to make the price higher leaving all their coins intact.
The burnt ones are those who are not bought. A good strategy but it doesn't work in a sudden or doesn't work at all.

I have seen one already and up until now the price is just the same.

Topic: token supply - page 2. (Read 804 times)