Bitcoin Forum

It's a A Hyper Deflationary Token with only 2.5 Million Supply. What do you think about this project? Is this a good one to invest? Redflags? Share your thoughts?

Source : https://cryptoiscoming.com/hyper-deflationary-tokens-are-the-future-of-crypto/

Checked it out, here is my thoughts, real store of value in crypto space belongs to stable coins, do not be deceived, not even Bitcoin can be used as store of value because they are all volatile.

right from day one I am more into real use case and I don't like deflationary tokens who depends only on the deflation ability, this ain't no use case, the deflation idea is very good honestly but would be better if it's more than that, let me give an example, Ethereum is the king of smart contract as we know it, what do you think would have happened if Ethereum has deflation ability implemented from day one?

Deflation ability can't get things done on its own without real use case, thank you.

Although deflation is a feature that makes crypto different from fiat (limited supply), and grants crypto a whole new set of possibilities, it seems that this  "hyper deflation" without any other use is just another mean to get the believers $. A token that serves no other purpose than it's hyper deflation feature, will have no use other than expecting it to rise in value... so everyone that buys it will be rich without doing anything else... ;D  where have I heard this kind of resoning...

First question, No i don't have any idea. I think this project is not as good as ETH and definitely not for Bitcoin. I don't know need for further research. And this is my thoughts.

Can I really see the link clearly, talking about it being the future? This can sometimes be very controversial. Well, it could be the future, but it has to do something additional. Almost everyone investors I see these days talk about what use does the project truly have or what product does it have and what problem is it trying to solve?
This is more reason you see every deflationary token rise and dump unnecessarily.
Fudders can take advantage of it and make the token price to undulate with very high volatility.
The worst part of it is that, since it does not have a use case, it might cause an untimely death for the token.

Well, a deflationary cryptocoin has to be unique, scarce, useful, decentralized, safe, in order to keep its "customers", attract new ones, grow in demand, increase in value etc.
If you create unique stones for example, with 2 million maximum supply, what will make the stones deflationary and valuable are their usefulness, scarcity, their features, difficulty to counterfeit, etc
Deflationary feature becomes a problem when their is huge demand, supply is inadequate, while the price is moving up too fast. A gentle increase in price would be better in my opinion.
I think things can be better controlled algorithmically esp if you have part of the coin supply reserved for this purpose.
Probably better to increase the supply and lock it up somewhere until there is huge demands for the coin. This can be regulated by algorithm. Human intervention could be via voting or something.

Other than this much very little supply, what other features they are having in their project?
Devs are becoming too smart these days and this is the reason they are coming up with such new ideas for trapping investors.

Being a hyper deflationary supply cannot be an innovative feature to make investors to get attracted to invest with it. I remember there was a coin with less than 10 total circulating supply and when it was listed on cryptsy it was valuing more than 1000BTC per coin but eventually it got dumped for less than 100BTC after some time (when I last checked) and finally people forgot that.

This must be another SHIT token with cheap attempt to attract investors. DO NOT FALL for it.

Thank you for the insightful response.

Makes sense to me. In other words, Law of demand and supply won't work when there is a scare supply but not enough demands, use case is what really matters in this part.

20 percent? Really?
What does that mean? How many of this token will be left on the long run?
So it could go like $100k per token?
Aint that too good to be true considering it is not that popular yet?
How could they achieve it without much usage?

Another gaming industry token. They are growing now and gaming had always been the target.
Competition is too high. There is a large possibility this won't moon. Think twice.

Right, and specifically those stable coins who are not tied with fiat currencies.

I don't see the use case of this hyper deflation coins as there's no need for it. I've seen a lot of hyper deflation coins in the past similar to this one and they all turn out to be garbage because why would people need invest in it when there's no demand for it? To be honest, I only see this coin as another hype coin that focuses on burning supplies to create rarity which is stupid in my opinion because we already have Bitcoin and Bitcoin far surpasses this kind of coin.



Not all stable coins are dollars or fiats. We have gold too.

Whatever the kind of mechanism that used by a coin like deflationary or inflationary and these didn't matter a lot as these projects are still really hard to prove the real utility use case. The utility is something that we are looking for from crypto.
that's enough to see more and more scam coin use defla.

Never heard of it but heard of the same kind of coin that did burned and has a lesser supply but it didn't helped those coins to become known.
Not because it was said to be a deflationary token, it will definitely grow with deflation. The whole circle still runs through the investors and the demand of it, so if no demand, still that kind of coin will have no value even if they burn half of its supply.

I do not understand in detail the project you mean, investment and red flag.

Not sure if this is what you are looking for and your purpose.

Maybe;

Topic: Bitcoin Black Holes (https://bitcointalk.org/index.php?topic=1409342.0)

Topic: [PRE-ANN]BLACK HOLE COIN(BHC) - THROW YOUR HASHES INTO A BLACK HOLE!! (https://bitcointalk.org/index.php?topic=391343.0)

Maybe some more explanation about (Super Blackhole) is better, in detail.

I am asking a question and I am looking for people who might/might not know the project and tell me about their personal insights if they have any.

Today, I first heard the name of this project in my life, then did some research on the project. I think this project is not expedient. It will be Redflags soon. So, it's up to you that you will be invest on this project or not. There are no sign in CMC .

Funny enough the article called hyper deflationary tokens the future of cryptocurrencies when we are yet to see any good utility from them, at least the ones I know are yet to offer something good.
On a more serious note, it doesn't matter if a token is deflationary or not what matters is that, it is solving an issue and hence have utility, no utility means it is a worthless token thus not different from others which have been used to exit scam and so on. So, let the team work on their project first i.e the Super Blackhole, let it be useful and then we can see if it will be a store of value or not.

Hah, i was thinking that this thread is about space. I could recommend to invest in more popular projects rigth now

Hyper deflationary? calling it like that made me doubt that there's something that will thrive for this project.
Bitcoin doesn't even stand like that but it's a fact that it is deflationary but won't be like hyper as per the other project was called.

Being only a deflationary token without other tangible use cases isn't real enough. This is one of the reasons why other deflationary tokens failed because it's was more if an experiment and wasn't meant for any good use. It's better to be a good project with a good use case than be a deflationary type.

I think i know what your pointing here because this Token only has limited supply of 2.5 million and this can grow like what bitcoin does?it is not because the stocks are too little meaning there are big chance of mooning.
Agree and this is what i am also looking before i invest and with so many reason i hate Deflationary type of project/token.

All the hyperdeflamatory coins I know are all dead and rekt investors. I don't think this one will be better. We should stick with good project and not seek after what will rekt us and cause us to regret after. We have arrays of great project in the market.

Honestly, I can say that l didn't hea about super blackhole.

Yes, I have heard about Super Blackhole. But It's not a good project for investment. It's Red flags. This website is not fully secure as well as the project have not any date on Coinmarketcapital, here is the link: https://coinmarketcap.com/currencies/super-black-hole/