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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: philanthropist67 on May 27, 2020, 12:46:15 PM



Title: Deflationary Tokens
Post by: philanthropist67 on May 27, 2020, 12:46:15 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?


Title: Re: Deflationary Tokens
Post by: VDraci on May 27, 2020, 12:51:59 PM
It's amazing right? On every transactions tokens get burned but be hold my friend that's all there is to that coin, nothing more than this deflationary feature, how will this coin be useful to the public? Does it makes sense to invest on a token or coin because it's a deflationary token? The answer is NO


Title: Re: Deflationary Tokens
Post by: Greatdev on May 27, 2020, 12:55:55 PM
Many new altcoins are rushing this deflationary ability maybe because it attracts many investors to old deflation tokens but it doesn't make sense to invest on the coin because of the burn, real use case matters and burning tokens per transaction is not one of them


Title: Re: Deflationary Tokens
Post by: Lantind on May 27, 2020, 01:10:55 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
Maybe the team has a separate goal that we never knew, but so far I haven't found a deflation token where coins are destroyed every time a transaction is made, so if I may know what is that token?


Title: Re: Deflationary Tokens
Post by: Festac on May 27, 2020, 01:18:40 PM
Please kindly share the name of the token, many deflationary tokens I knew are almost dead now due to lack of use case, investors are now smarter to avoid projects that have no real life use cases because in a very short time they will become worthless


Title: Re: Deflationary Tokens
Post by: Yogee on May 27, 2020, 03:06:12 PM
Purpose?
The developers wanted to sell an idea that tokens with a deflationary supply model will in turn become scarce. You know what they usually say about scarcity right? The price will go to moon!!!

Worth it?
I personally do not see the point of tokens burning for every transaction made. It sounds good on paper but when you really think about it, that model is not sustainable in the long run. Burning can't go on forever because they cannot afford to have a zero supply. After years of hyping, they have to adjust the code and remove the burn rate. That will be the end for the token as deflationary.


Title: Re: Deflationary Tokens
Post by: poodle63 on May 27, 2020, 04:02:09 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
They are not worthy to be invested. There are so many scam deflationary token and this idea is not needed by the community. one thing that you must remember if utility token is something that has been searching by the community. There was a lot of people know this idea will always related to the scam token.


Title: Re: Deflationary Tokens
Post by: bitmover on May 27, 2020, 04:17:28 PM
On every transactions tokens get burned but be hold my friend that's all there is to that coin, nothing more than this deflationary feature, how will this coin be useful to the public? Does it makes sense to invest on a token or coin because it's a deflationary token? The answer is NO

They are not worthy to be invested. There are so many scam deflationary token and this idea is not needed by the community.

Ofc buying a coin just because it has a deflationary economy makes no sense. However, a good project may burn tokens so the total supply goes down over time.

Ethereum Casper MAY have a deflationary economy in the future, according to Vitalik Buterin in official Ethereum Github:

Quote
Because of the lack of high electricity consumption, there is not as much need to issue as many new coins in order to motivate participants to keep participating in the network. It may theoretically even be possible to have negative net issuance, where a portion of transaction fees is "burned" and so the supply goes down over time.
https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ#what-are-the-benefits-of-proof-of-stake-as-opposed-to-proof-of-work

So, go buy ethereum if you think ethereum will ever reach PoS in ethereum 2.0 ;)


Title: Re: Deflationary Tokens
Post by: Yudhisthir on May 27, 2020, 04:21:50 PM
Certain trader came with the concept that supply limit is a prime factor for deciding the price of the coin and so came the time of deflationary coins. Though the limited numbers made it easier for manipulation, the coin with just a deflationary feature got no interest from investors. They were in fashion around 2016-17.
But not all deflationary coins are lost, there are other genre of coins that have specific purposes and are also deflationary are still going strong.


Title: Re: Deflationary Tokens
Post by: South Park on May 27, 2020, 04:34:22 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
That is nothing more but a gimmick, do not invest in those coins, they are trying to make you believe that as they keep destroying tokens that somehow this is going to make their coins more valuable and while without a doubt they are able to affect the supply side of the equation with this they are unable to affect the demand side, so it doesn't matter if they keep burning coins to the end of time if no one wants to have those coins it doesn't matter, as such you should not waste your time with projects like that.


Title: Re: Deflationary Tokens
Post by: JHORN on May 27, 2020, 04:54:28 PM
Do not invest on a coin because it's deflation token, I've done this in the past and the coins I hold are dead or about to, no good volume on exchanges anymore, Bomb token is the only last man standing and even this bomb token had no real use, maybe people just like the project that's why it's still alive today


Title: Re: Deflationary Tokens
Post by: alani123 on May 27, 2020, 05:08:41 PM
Destruction of currency is more about economics rather than technology. It's true that a coin could be programmed to do that, but is it really worth to do that beyond a joke?
Economists have mostly focused on the concept of systemic (FIAT) money when discussing destruction of currency. Destroying crypto isn't the same as burning cash, because such transaction is permanent in crypto. But central banks are known to utilize the withdrawal of cash from the economy as a tactic.

However, introducing a measure that would burn money for every transaction would introduce bad disincentives in any economy. Imagine if you knew that by any transaction, some portion of your spent money would burn. Not go to someone else, but burn. That's a strong disincentive to transact, at all. And now bring that in the crypto sphere where there is real currency competition. You not have a coin that no one wants to spend, and can only derive monetary value from it in exchange for any other currency. Well congrats, you got yourself a coin poised to stagnate...


Title: Re: Deflationary Tokens
Post by: Towerbreeze on May 27, 2020, 05:19:29 PM
Inflationary
Deflationary
Burning max supply

All these should be just a feature for projects, don't invest in projects that only rely on these features, they have nothing good to offer you but losses


Title: Re: Deflationary Tokens
Post by: Odebowa on May 27, 2020, 06:27:05 PM
A deflationary token is one where tokens are removed from the market over time. Tokens can be removed from the market via a variety of methods including token buy-backs and token burns from the token creators.

The main issue that deflationary tokens present is that they will often be seen as a security in the eyes of regulators. This is because the deflationary mechanisms used to buy the tokens back from the market are generally dependent on the success of the company and if the company performs well, more tokens can be bought from the market which will often improve the health of the ecosystem, and if the company does poorly, they will not have the resources to buy as much off the market leading to an excess supply and often times, and unhealthy ecosystem. Because of this direct relationship between the success of the company and the health of the token ecosystem, these deflationary tokens will almost always be classified as a security.

In some cases they are ok to invest in. But let say 50/50


Title: Re: Deflationary Tokens
Post by: LazerPanther on May 27, 2020, 06:30:12 PM
Please kindly share the name of the token, many deflationary tokens I knew are almost dead now due to lack of use case, investors are now smarter to avoid projects that have no real life use cases because in a very short time they will become worthless
Yes, investors are much smarter right now and most of these altcoins are dead in this market. Investing in altcoins is a very dangerous investment, so it is important to consider if we want to invest in them.


Title: Re: Deflationary Tokens
Post by: Iyanu14 on May 27, 2020, 06:59:17 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?


The advent of deflationary tokens was thought to be a very novel idea that will bring fresh innovation to the crypto industry.  It was created with the aim of reducing supply when some amounts of tokens are burnt on every transaction.  The developers thought this will create a scarcity in the market thereby resulting in increase in the price of the token.  However, this idea have not been successful as several deflationary tokens were dead today.


Title: Re: Deflationary Tokens
Post by: Valzador on May 27, 2020, 07:03:59 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
Tokens that have deflation features will usually be stamped as digital gold just like bitcoin, but if each token transaction is burned, I think the tokens only want to get FOMO.
Typical short-term tokens.


Title: Re: Deflationary Tokens
Post by: Krislaw on May 27, 2020, 07:28:01 PM
If you're thinking of investing in deflationary token because of it's percentage of deflation or whatever, you should stop. Deflationary tokens was a trend about a year ago, most of them are no where to be found. No use case, just pump and dump.

The hype they have is reduction in supply making it scarce. Imagine 5% burn rate and you lose 5$ for every 100$ you send, it doesn't make sense in any way.


Title: Re: Deflationary Tokens
Post by: HunterUnchained on May 27, 2020, 07:43:28 PM
Deflationary coins and tokens became a thing late last year and early this year for the purpose of actually creating some level of steady price appreciation due to the fact that, their supply decreases with every successful transaction made. It was quite successful with the likes of BOMB token doing extremely well in that period. Unfortunately, it became abused due to greed and developers looking to take advantage of the situation and cashing out. Several poorly developed projects caught in on the vibe and the idea become saturated with a lot of poor projects leading to people losing interest in investing in any deflationary projects. Only a few are still doing well at this time.


Title: Re: Deflationary Tokens
Post by: pakhitheboss on May 27, 2020, 09:23:41 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?


If I am correct you mean to say that for transaction made the will burn the coin. Why not create a certain number of coins and then release it in the market?

Now if I want to transfer the coin or pay to someone using that coin then after the transaction is complete the coin gets destroyed and no one can use it. So, where it the adaptability, how will they create a market for that coin?

I do not understand the concept at all.




Title: Re: Deflationary Tokens
Post by: philanthropist67 on May 28, 2020, 06:23:45 PM
I started this thread after coming in contact with BOOM token. They say they burn some coins with every transaction. The token is doing good https://coinmarketcap.com/currencies/boom/
This means that investors have an interest in deflationary tokens.


Title: Re: Deflationary Tokens
Post by: pixie85 on May 28, 2020, 06:37:57 PM
So the makers of these coins are trying to deter people from spending and make a token for holders where whoever goes first loses?

If you hold the coin you have a chance of it going up in value but only if other people spend and burn their coins first. If everyone holds nobody gets any profit and the price remains the same? It's an interesting concept for researchers because they defy typical market logic. I don't think they are useful aside from that.


Title: Re: Deflationary Tokens
Post by: Pecunia non olet on May 28, 2020, 06:45:36 PM
For me it is a pure buzzword for those who want easy money. Deflationary tokens should be for very long term hodl because the price of each coin should grow in the future, but the problem is with how you ensure the trust for a long time for the token?


Title: Re: Deflationary Tokens
Post by: Jogmania on May 29, 2020, 02:50:08 PM
I started this thread after coming in contact with BOOM token. They say they burn some coins with every transaction. The token is doing good https://coinmarketcap.com/currencies/boom/
This means that investors have an interest in deflationary tokens.

There are many deflationary tokens which are doing good on exchanges, like the one you mentioned. But I think its too early to say these deflationary tokens don't have much scope. Lets wait for a while and see how things turn up for deflationary tokens.


Title: Re: Deflationary Tokens
Post by: mersal on May 29, 2020, 02:55:33 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
Bitcoin is not either inflated or deflated, it is just have finite number and miners are still working on to mint bitcoins which doesn't mean the coin is inflating.But due to the inflation on fiat value the price may looks like inflating.But creating  a coin with deflationary feature is just nothing other than for dumping the coins at some point so people may tend to hold in longer term but not everyone holding in long term will make reap out of it.


Title: Re: Deflationary Tokens
Post by: Jogmania on May 31, 2020, 07:18:13 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
Bitcoin is not either inflated or deflated, it is just have finite number and miners are still working on to mint bitcoins which doesn't mean the coin is inflating.But due to the inflation on fiat value the price may looks like inflating.But creating  a coin with deflationary feature is just nothing other than for dumping the coins at some point so people may tend to hold in longer term but not everyone holding in long term will make reap out of it.

Advancement in technologies is really welcomed at the start. The concept of deflationary token is new and it will take time before people start digesting this new concept.


Title: Re: Deflationary Tokens
Post by: South Park on May 31, 2020, 06:08:23 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?


The advent of deflationary tokens was thought to be a very novel idea that will bring fresh innovation to the crypto industry.  It was created with the aim of reducing supply when some amounts of tokens are burnt on every transaction.  The developers thought this will create a scarcity in the market thereby resulting in increase in the price of the token.  However, this idea have not been successful as several deflationary tokens were dead today.
It is a novel idea I will give you that but that is about it, a novel idea is not necessarily a good idea and if everything that a coin has is its deflationary nature then it is not a good coin at all and people should stay away from it, now some people may say that such coins may give profits in the short term but that is true for almost any type of coin even for those that are scams, but eventually those coins will go to zero as there is no use case for them and eventually people move on to more exciting and newer projects.


Title: Re: Deflationary Tokens
Post by: Jogmania on June 01, 2020, 06:56:49 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?


The advent of deflationary tokens was thought to be a very novel idea that will bring fresh innovation to the crypto industry.  It was created with the aim of reducing supply when some amounts of tokens are burnt on every transaction.  The developers thought this will create a scarcity in the market thereby resulting in increase in the price of the token.  However, this idea have not been successful as several deflationary tokens were dead today.
It is a novel idea I will give you that but that is about it, a novel idea is not necessarily a good idea and if everything that a coin has is its deflationary nature then it is not a good coin at all and people should stay away from it, now some people may say that such coins may give profits in the short term but that is true for almost any type of coin even for those that are scams, but eventually those coins will go to zero as there is no use case for them and eventually people move on to more exciting and newer projects.

Relax my friend. It's not disappearing overnight just like the last btc will be mined in 2140, it will take years before we ran out of token in any deflationary token project. Take it just like another betting project where you bet and either win big or loose.


Title: Re: Deflationary Tokens
Post by: coinfinger on June 01, 2020, 07:03:55 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
I am also coming across such concept of burning tokens for every transaction but I do feel it is kind of scam, devs are trying to trap investors. Please do not fall for these.

A worthy enough coin or token should have its own use case for a problem we are facing in day to day life. Anything other than this must be just a speculative asset which may get dumped at any time. So, better stay away from this coins/tokens. Devs in this case are trying to lure investors by decreasing the circulating number of coins which honestly sound like a immature idea in my opinion.

Moreover, I like to suggest you to go for only highly established coins/tokens rather than looking for any new arrivals. New coins may get you big profits at the same time it will be having more risk compared to what we usually having with bitcoin and other few summers coins/tokens based investments.


Title: Re: Deflationary Tokens
Post by: RabbiTANK on June 01, 2020, 07:47:44 PM
Deflationary tokens in crypto space today are the right definition of shitcoins, honestly they do nothing than burning tokens over and over, this is what creates fake hypes for these tokens and to my surprise people are buying, many people still dont know what real use case is all about in crypto space


Title: Re: Deflationary Tokens
Post by: Jogmania on June 02, 2020, 06:01:14 AM


Moreover, I like to suggest you to go for only highly established coins/tokens rather than looking for any new arrivals. New coins may get you big profits at the same time it will be having more risk compared to what we usually having with bitcoin and other few summers coins/tokens based investments.

No pain no gain. Those who took risk of investing in bitcoin back in 2009 are called whales these days. I am not insisting you to invest in this coin but don't call a project a scam only because it's new and has a new idea.


Title: Re: Deflationary Tokens
Post by: Gayong88 on June 02, 2020, 06:33:58 AM
Tokens are created as a means of payment (replacing fiat money) to buy goods and services from both shops, online retailers, and other merchants normally divided into three token categories: currency, utility, or investment.

If the token occurs deflation is possible to be destroyed and ended at a time because of the reference to the benefit value and usefulness.


Title: Re: Deflationary Tokens
Post by: Novatech8 on June 02, 2020, 06:39:51 AM
10 years to this time many new coins the public hate because of scam will become big, and the lucky ones you gather them right now will surely become the future whales, this is why I don't say bad things about new coins, you can never know what will happen in future but deflation tokens aren't just good enough, burns keeps happening to increase nothing but value, this isn't a real use case


Title: Re: Deflationary Tokens
Post by: Midy on June 02, 2020, 06:41:43 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
Maybe the team has a separate goal that we never knew, but so far I haven't found a deflation token where coins are destroyed every time a transaction is made, so if I may know what is that token?

I'm also the same as you think because each team has other goals that we don't know about the transaction system and the OP has to share the name of the token so we can find more information


Title: Re: Deflationary Tokens
Post by: Jogmania on June 03, 2020, 06:34:49 AM
10 years to this time many new coins the public hate because of scam will become big, and the lucky ones you gather them right now will surely become the future whales, this is why I don't say bad things about new coins, you can never know what will happen in future but deflation tokens aren't just good enough, burns keeps happening to increase nothing but value, this isn't a real use case

That's exactly what I am saying. Every new coin was called scammed in the start including BTC. But those who seize the opportunity to invest early in the coin are the real winners. To me deflationary tokens like https://www.boomtoken.io/ look very legitimate, maybe some people don't like the idea but for me it's a good choice for investment.


Title: Re: Deflationary Tokens
Post by: Chuky92 on June 03, 2020, 08:37:16 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

There used to be a time when some people care so much about a project with a reasonable token supply because they believed there is a possibility of touching a good price which is why during that time, once there is token burn there will be an increase in price caused by hype but nowadays everything has changed. Nowadays we have come to understand that what matters is use case, so whether a coin supply is reduced or not, it doesn't matter if the project have nothing to offer. Lastly the purpose of creating such coins is to constantly reduced its supply which of course is meant to make it valuable but that's not the case atimes. Also, investing in those coins depends on what the team is bringing to the crypto space, if it's worth it or not; that is to say, the working products and the type of team will determine if it's good for investing.


Title: Re: Deflationary Tokens
Post by: Deeshawn on June 03, 2020, 09:25:10 AM
Deflationary token is not worth investing in because most of all this so called deflationary team believes reducing the total supply everyday by burning the token will give the token more attention because they are aware people love to invest in a project with less total supply even if the project is without any reasonable usecase. So I guess their main aims is to make their money as quick as possible.


Title: Re: Deflationary Tokens
Post by: KaratX on June 03, 2020, 09:26:51 AM
Newbies forget about deflationary tokens, I haven't seen good one since BOMB Token era, that's the only deflation token that manages to keeps good value till date, the rest are already struggling to keep up, why? They have no good use than offering deflation features only, so tell me why would anyone invest in such coins?


Title: Re: Deflationary Tokens
Post by: Jogmania on June 04, 2020, 05:55:55 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

There used to be a time when some people care so much about a project with a reasonable token supply because they believed there is a possibility of touching a good price which is why during that time, once there is token burn there will be an increase in price caused by hype but nowadays everything has changed. Nowadays we have come to understand that what matters is use case, so whether a coin supply is reduced or not, it doesn't matter if the project have nothing to offer. Lastly the purpose of creating such coins is to constantly reduced its supply which of course is meant to make it valuable but that's not the case atimes. Also, investing in those coins depends on what the team is bringing to the crypto space, if it's worth it or not; that is to say, the working products and the type of team will determine if it's good for investing.

In my view reduction in the total number of coins in circulation is a use-case in itself. The idea is new that's why many are raising questions about this. Those who believe in diverse portfolio will defiantly leave some space for this coin.


Title: Re: Deflationary Tokens
Post by: CashbackLover on June 04, 2020, 06:24:28 AM
I like deflation in tokens and coins but I don't like how developers handled the feature, I believe if this feature get into the right hands they will create something beautiful out of it, many deflation tokens and coins have no other usefulness, it's just as if they are selling the deflation feature to investors only, Zero Usefulness 100%


Title: Re: Deflationary Tokens
Post by: Blue_oxen on June 04, 2020, 06:35:57 AM
Deflationary token is not worth investing in because most of all this so called deflationary team believes reducing the total supply everyday by burning the token will give the token more attention because they are aware people love to invest in a project with less total supply even if the project is without any reasonable usecase. So I guess their main aims is to make their money as quick as possible.
True! But it's seemed like their plan isn't on the right track at all. Deflationary tokens can't increase its value simply by the reduction of the total supply. Common sense arrives when people see the demand over the supply, they'll buy it at a higher price. However, the thing that the team can't control is people's demand. The token itself can't attract people to buy then how could the demand raise? That's one of the reasons why there's not a lot of successful deflationary tokens on the market.


Title: Re: Deflationary Tokens
Post by: rz20 on June 04, 2020, 06:44:16 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
I received some BOMB as an airdrop some time ago and out of sudden, it started mooning I sold them at $8-10 each. If you are talking about BOMB like token then If I were you I would not invest much in them because they are an extremely risky investment.


Title: Re: Deflationary Tokens
Post by: blue Snow on June 04, 2020, 07:13:08 AM
There are many deflationary tokens which are doing good on exchanges, like the one you mentioned.
it's not a good if compare it into (joke) exchange like mcaffedex and friend.
so tell me why would anyone invest in such coins?
no one bought for investment. it's for fast profit only using a pump and dump schemes.


Title: Re: Deflationary Tokens
Post by: Vitalicus on June 04, 2020, 07:47:11 AM
There are many deflationary tokens which are doing good on exchanges, like the one you mentioned.
it's not a good if compare it into (joke) exchange like mcaffedex and friend.
so tell me why would anyone invest in such coins?
no one bought for investment. it's for fast profit only using a pump and dump schemes.

Right, deflationary tokens are more likely to be "fast-food" in this market. Traders hold them for a short period of time and expect their price goes up fastly by believing that reduce the supply will increase the price. However, it usually don't bring back the expected results. The reason is that deflationary tokens can't attract trader to buy them.


Title: Re: Deflationary Tokens
Post by: Jogmania on June 05, 2020, 06:24:33 AM
There are many deflationary tokens which are doing good on exchanges, like the one you mentioned.
it's not a good if compare it into (joke) exchange like mcaffedex and friend.
so tell me why would anyone invest in such coins?
no one bought for investment. it's for fast profit only using a pump and dump schemes.

Right, deflationary tokens are more likely to be "fast-food" in this market. Traders hold them for a short period of time and expect their price goes up fastly by believing that reduce the supply will increase the price. However, it usually don't bring back the expected results. The reason is that deflationary tokens can't attract trader to buy them.

If you are interested in taking risk then the deflationary token is for you. Just keep some space in your portfolio for this token. Every coin has a day, maybe someday this coin also move to the moon.


Title: Re: Deflationary Tokens
Post by: DDante on June 05, 2020, 06:29:52 AM
I knew bomb token was good, simply because it's the first of it's kind, it has no other usefulness that burning tokens but been the first of it's kind? Well yeah it will be easier to attract investors, and now deflation tokens have become so popular that every devs wants to create one, I managed to keep two deflation tokens, BAgs Token and Ethplode which are now valueless, dead probably, glad I earned them through Airdrops
 


Title: Re: Deflationary Tokens
Post by: Jogmania on June 06, 2020, 06:12:46 PM
I knew bomb token was good, simply because it's the first of it's kind, it has no other usefulness that burning tokens but been the first of it's kind? Well yeah it will be easier to attract investors, and now deflation tokens have become so popular that every devs wants to create one, I managed to keep two deflation tokens, BAgs Token and Ethplode which are now valueless, dead probably, glad I earned them through Airdrops
 


I think BOOM is not the first deflationary token but its certainly doing good at the moment. deflationary tokens are more volatile then normal crypto tokens like BTC, Eth, they are good for short term investment.


Title: Re: Deflationary Tokens
Post by: HankePoster on June 07, 2020, 02:19:55 AM
No token can have the price only in an upward direction, price swing are an integral part of any coin. Deflationary Tokens prices are low and it's good to buy coins at cheap rates. The problem is we find too many anomalies in coin when its at a low price and start buying when it goes up.


Title: Re: Deflationary Tokens
Post by: vlast01 on June 07, 2020, 06:39:13 AM
For me it is a pure buzzword for those who want easy money. Deflationary tokens should be for very long term hodl because the price of each coin should grow in the future, but the problem is with how you ensure the trust for a long time for the token?
Some new token take coins burning to extreme and cause their token supply to shrink over time. This should make these coin very valuable. But it's not they just ultimately burning a lot of tokens and doesn't make any promises about when the token supply will be depleted.


Title: Re: Deflationary Tokens
Post by: Buttercup123 on June 07, 2020, 06:41:47 AM
For me it is a pure buzzword for those who want easy money. Deflationary tokens should be for very long term hodl because the price of each coin should grow in the future, but the problem is with how you ensure the trust for a long time for the token?
Some new token take coins burning to extreme and cause their token supply to shrink over time. This should make these coin very valuable. But it's not they just ultimately burning a lot of tokens and doesn't make any promises about when the token supply will be depleted.
Deflationary token actually reduce or burn supply over time, the rationale being that since supply is decreasing constantly, the scarcity should rise thus increasing the value of the remaining tokens. However, deflationary currencies are yet to prove their worth. Almost all deflationary token is lack of proper use cases and adoption, illiquidity, not being listed on well-known trusted exchanges and lack of tokens burning on centralized exchanges .


Title: Re: Deflationary Tokens
Post by: distr@yopmail.com on June 07, 2020, 06:46:59 AM
For me it is a pure buzzword for those who want easy money. Deflationary tokens should be for very long term hodl because the price of each coin should grow in the future, but the problem is with how you ensure the trust for a long time for the token?
Some new token take coins burning to extreme and cause their token supply to shrink over time. This should make these coin very valuable. But it's not they just ultimately burning a lot of tokens and doesn't make any promises about when the token supply will be depleted.
Deflationary token actually reduce or burn supply over time, the rationale being that since supply is decreasing constantly, the scarcity should rise thus increasing the value of the remaining tokens. However, deflationary currencies are yet to prove their worth. Almost all deflationary token is lack of proper use cases and adoption, illiquidity, not being listed on well-known trusted exchanges and lack of tokens burning on centralized exchanges .
if I'm not mistaken, BNB also uses this method in planning BNB tokens for a certain period. but overall, when supply begins to decrease it must be balanced with renewal to increase demand based on the use-value of the coin.


Title: Re: Deflationary Tokens
Post by: popeye95 on June 07, 2020, 08:32:09 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
What's the point of token burn every time a transaction made? How anyone thinks to combat and reduces inflation by tying it to number of transactions is beyond me. How about it someone drive up inflation by keep making transaction? Does that sound right? Though I don't know much detail on this coin but from my points, it's not really worth.


Title: Re: Deflationary Tokens
Post by: HankePoster on June 14, 2020, 01:06:10 PM
No token can have the price only in an upward direction, price swing are an integral part of any coin. Deflationary Tokens prices are low and it's good to buy coins at cheap rates. The problem is we find too many anomalies in coin when its at a low price and start buying when it goes up.
If there are tokens that always move only in the upward direction, then everyone will get rich quickly, especially traders and investors who buy in large quantities, normally the tokens that already have good or expensive value at this time are tokens that used to be also cheap, there are no tokens that are expensive when born.

Thats what I am saying. Deflationary tokens are cheap today and their future is yet to come. Why not reserve some space for them in our portfolio rather than buying them tomorrow when they are bullish.


Title: Re: Deflationary Tokens
Post by: Dariusburst on June 14, 2020, 03:13:10 PM
No one has interest in deflation tokens because they have no good use case apart from reducing max supply over time through burning process, I will only invest if they have better use case thus with deflation feature too


Title: Re: Deflationary Tokens
Post by: dhemasm on June 14, 2020, 05:18:53 PM
Not really sure about the real purpose though but it's the main things was every transaction was making the token reduced and burned right and making the price was more stable? So basically it's mainly driven on community and not really sure about an real case too, Besides if that token have another main purpose like payment tool on some platform. Not really sure too, Did you guys have good example on deflationary scheme but also have an real purpose?


Title: Re: Deflationary Tokens
Post by: jacafbiz on June 14, 2020, 05:31:56 PM
I am never in support of deflation, inflation is good for adoption of a project, the most important thing is that the inflation should not be out of control, just like that of Bitcoin, this is the difference between Bitcoin and Ripple, deflation on the other hand discourages adoption because it would be centralised in the hands of the early adopters, this is why countries are more worried about deflation than inflation


Title: Re: Deflationary Tokens
Post by: doctor877 on June 14, 2020, 10:57:09 PM
The deflationary system has expired or gone low. It all started as an experiment and different types was made. But no real project has used this system for it's token. Token burning by transfer everytime isn't a good plan for anything that wants to last long.


Title: Re: Deflationary Tokens
Post by: HankePoster on June 16, 2020, 06:50:39 PM
No one has interest in deflation tokens because they have no good use case apart from reducing max supply over time through burning process, I will only invest if they have better use case thus with deflation feature too

I think you have to revisit your opinion after seeing the following stats

https://coinmarketcap.com/currencies/boom/


Title: Re: Deflationary Tokens
Post by: dhemasm on June 16, 2020, 07:01:55 PM
I think you have to revisit your opinion after seeing the following stats

https://coinmarketcap.com/currencies/boom/
Hmm Interesting, Good volume and marketcap too for something like this but looks like the ROI was really bad since deflationary token was supposed to make the price was stable by reducing the supply for every transaction it's not it? Well still curious if there an real use case token that have this scheme.


Title: Re: Deflationary Tokens
Post by: HankePoster on June 20, 2020, 06:25:57 PM
I think you have to revisit your opinion after seeing the following stats

https://coinmarketcap.com/currencies/boom/
Hmm Interesting, Good volume and marketcap too for something like this but looks like the ROI was really bad since deflationary token was supposed to make the price was stable by reducing the supply for every transaction it's not it? Well still curious if there an real use case token that have this scheme.

I think its good to keep them in your portfolio. So far there only use case is that they are burned in every transaction. With time more use cases will pop up. Lets wait for a while


Title: Re: Deflationary Tokens
Post by: anknok on June 24, 2020, 06:00:13 PM
No one has interest in deflation tokens because they have no good use case apart from reducing max supply over time through burning process, I will only invest if they have better use case thus with deflation feature too

I think you have to revisit your opinion after seeing the following stats

https://coinmarketcap.com/currencies/boom/

Despite so much criticism, this coin is doing good as per these stats. I think its a matter of time before we start seeing more capital flowing into this coin.


Title: Re: Deflationary Tokens
Post by: Galley on June 24, 2020, 07:44:38 PM
When the next project has absolutely nothing to offer good, they suggest burning tokens. And why to do this, why, as it were, to increase the value of coins, if they already cost nothing and no one needs. Why create what will be burned. I do not understand this principle.


Title: Re: Deflationary Tokens
Post by: HunterUnchained on June 24, 2020, 08:10:10 PM
The bubble is long burst with this one and I think its high time everyone recognises this and move on or risk getting caught between the Cross fire thus, losing funds. It was well worth the hype while it lasted. People need to understand that most of these deflationary tokens and projects have almost nothing to offer aside token burning rate and hype. Some of these projects did really well when the hype was the highest and people cashed in big but recently, they have been found out and people are leaving in droves and this has only led to their demise or diminishing interests.


Title: Re: Deflationary Tokens
Post by: cryptoknightt on June 25, 2020, 07:11:06 AM
maybe the goal is the less total supply, the price will increase because demand will continue but the number of tokens will continue to decline.
even then, if indeed their tokens are in demand or someone makes transactions every day and continues to grow.
otherwise it's the same as reducing the volume of the token because the number will continue to decrease since the token was released.


Title: Re: Deflationary Tokens
Post by: Mighty_crypt on June 25, 2020, 07:23:11 AM
I'm against this use case called deflation, what's the use of a project if all tokens supply got burnt out? It's more like a pyramid scheme to me, the early adopters will be the lucky ones that's if the project works out, the more the max supply keeps shrinking the higher the price will go but honestly apart from bomb token all the rest aren't doing so well, they have no volume


Title: Re: Deflationary Tokens
Post by: masterrex on June 25, 2020, 08:50:03 AM
I think it has no real purpose at all. but just like a pump and dump scheme, just like the Bomb deflationary token. Like any other deflationary token after all of its supply was burn it will be gone. but sometimes it will depend on the deflation design of any particular project. sometimes they have limit a small portion of that circulating supply to be permanent circulation in the platform.


Title: Re: Deflationary Tokens
Post by: patz22 on June 25, 2020, 09:18:40 AM
I think it has no real purpose at all. but just like a pump and dump scheme, just like the Bomb deflationary token. Like any other deflationary token after all of its supply was burn it will be gone. but sometimes it will depend on the deflation design of any particular project. sometimes they have limit a small portion of that circulating supply to be permanent circulation in the platform.

Indeed! I do believe that this deflationary token is just like a hype as far as I can remember it happened sometime last year but most of them are just airdrop but this time is different, but let us see if this would be the best thing that will happen this year.


Title: Re: Deflationary Tokens
Post by: OasisDre on June 25, 2020, 09:33:15 AM
Deflationary feature is a very useful tool to create hype, that's how I see this feature, I haven't seen any big project using deflation as part of their features, inflation is just better, that's why we see only bomb like projects using this feature, newbies will definitely say I'm wrong but the more they get older in crypto space they will see


Title: Re: Deflationary Tokens
Post by: SeanCasey on June 25, 2020, 10:23:18 AM
A lot of ignorance in this thread. Sucks to read as an econ geek.

Deflation isn't a gimmick, it's a traders tax. Too high and people won't trade, too low and supply won't constrict.

Deflation takes time, if these cryptos can build an ecosystem, and destroy supply, it doesn't take much money to move them up.

BOMB, FUSE, SHOCK, SHUF, PYRO, FRAG, have dapps and features unique to themselves. If they can stay alive until bull season, they'll probably make it, they generally keep more value when crypto crashes. They have crazy volatility, they're like little Bitcoin's in that sense.



Title: Re: Deflationary Tokens
Post by: Mianae on June 25, 2020, 10:52:55 AM
The question should be where does tokens burnt come from? Are they bought from exchange if yes then there's room for price growth as supply is being reduced. If such token models can create utility for their projects, token burn will create scarcity and price will be up for everyone invesiin it.


Title: Re: Deflationary Tokens
Post by: SeanCasey on June 25, 2020, 11:39:02 AM
The question should be where does tokens burnt come from? Are they bought from exchange if yes then there's room for price growth as supply is being reduced. If such token models can create utility for their projects, token burn will create scarcity and price will be up for everyone invesiin it.
They're usually burning a % of every on-chain TX. Some have dapps that require keeping coins tied in a smart contract. Some pay dividends too


Title: Re: Deflationary Tokens
Post by: DarkDays on June 25, 2020, 03:37:02 PM
This is practically the same as the burn mechanism many coins use to incentivize growth.

I don't think the mechanism in-and-of itself is necessarily enough to ensure a token or coin will appreciate in value simply because the supply is lower.

Supply and demand-based appreciation only works when the demand outstrips supply, and I'd imagine that's unlikely to happen for a cryptocurrency that is trying to force appreciation rather than building utility value.

Then again, looking at how BNB has pumped as a result of its burns + increased utility value, it can work under the right circumstances.


Title: Re: Deflationary Tokens
Post by: Ann Impas on June 25, 2020, 04:25:48 PM
That's what most tokens become when it hits the market. Just a coin to dump. Which means what? Which means that the coin you initially thought can make you good money gave you close to none. If you want to survive in the market you must have originality. Because investors and traders are sick of tired on the same concept all the time. So if you look at it, There will only be a handful of projects out there that will not become a Deflationary token. That's just how it is.


Title: Re: Deflationary Tokens
Post by: amos77978 on June 25, 2020, 05:30:13 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
it simply means the coin will become scarce.. it's a nice idea for crypto currencies.. but at thesame time..  for it to attain meaningful value it still depends on the demand of the coin.. even when tokens are destroyed on each transaction..


Title: Re: Deflationary Tokens
Post by: enhu on June 25, 2020, 05:56:20 PM
This is practically the same as the burn mechanism many coins use to incentivize growth.

I don't think the mechanism in-and-of itself is necessarily enough to ensure a token or coin will appreciate in value simply because the supply is lower.

Supply and demand-based appreciation only works when the demand outstrips supply, and I'd imagine that's unlikely to happen for a cryptocurrency that is trying to force appreciation rather than building utility value.

Then again, looking at how BNB has pumped as a result of its burns + increased utility value, it can work under the right circumstances.

There are DPOS tokens in which the supply keeps rising in supply but the price also is almost stable. The point is that utility is the best way to make the value of the token rise up without it its hard to see the light under the tunnel. Deflationary Tokens seem like a hype only much like you said about the previous project that just wanna burn tokens. I'm curing to see since every tx burns certain % which means part of the circulating supply is burned itself.


Title: Re: Deflationary Tokens
Post by: RomiM on June 25, 2020, 06:09:33 PM
Inflation in a controlled manner always bring rise in price as we have seen in bitcoin. On the other hand ethereum has no limit of how many eth will be generated and is also doing good. Deflationary tokens like BOOM can also make a good impact since they are bringing down the total coins in circulation. They are new that's y such coins have to answer so many questions.


Title: Re: Deflationary Tokens
Post by: enhu on June 25, 2020, 06:14:50 PM
Inflation in a controlled manner always bring rise in price as we have seen in bitcoin. On the other hand ethereum has no limit of how many eth will be generated and is also doing good. Deflationary tokens like BOOM can also make a good impact since they are bringing down the total coins in circulation. They are new that's y such coins have to answer so many questions.

Ether is a utility token which anyone with ERC tokens will need it when sending. Anyone engaging in ERC tokens and trading will need ETH that is why its not going zero. But with Boom its yet unclear what its purpose but just deflationary token not very different to the team burning the own tokens milestones after milestones yet the price didn't change over time.


Title: Re: Deflationary Tokens
Post by: VIP BTC on June 25, 2020, 09:52:50 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

I think this is an option for those who create coins with high supplay, so they cannot control the circulation of coins properly due to the high amount. And make prices worse. If they reduce the number of coins, this will improve the price of the coin for the better. As long as they are still developing the system in any way, the coins are worth investing.


Title: Re: Deflationary Tokens
Post by: Twinkledoe on June 25, 2020, 10:00:59 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

I think this is an option for those who create coins with high supplay, so they cannot control the circulation of coins properly due to the high amount. And make prices worse. If they reduce the number of coins, this will improve the price of the coin for the better. As long as they are still developing the system in any way, the coins are worth investing.

That is if they have real purpose in the market. But if they are just burning just to reduce their supply and rely on traders, I don't think their price will be valuable. Because sooner or later, traders will know that this token have no actual application and without it, it would be very hard to elevate its value. Traders will jump from one project to another so without their developments, they will just move on to the next one.


Title: Re: Deflationary Tokens
Post by: DarkDays on June 26, 2020, 09:43:34 AM


I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.

My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?


I think this is an option for those who create coins with high supplay, so they cannot control the circulation of coins properly due to the high amount. And make prices worse. If they reduce the number of coins, this will improve the price of the coin for the better. As long as they are still developing the system in any way, the coins are worth investing.


I think you are overlooking the fact that it does not matter what your deflation rate is, if your coin is worth nothing, then no matter what you burn or deflate from it, it would stay worth nothing. You'd just be piggybacking on the investments made by early investors and artificially boosting the prices, which would not mean anything. It beats the purpose of having a "cryptocurrency" in the first place. This is a very subversive tactic used by corporates, and unfortunately most of us crypto lovers cannot wrap our heads around the subject and celebrate and crave deflationary tokens and coins without even understanding the repercussions.

These tokens are mostly just ticking time bombs that will explode in the face of noob investors eventually.


Title: Re: Deflationary Tokens
Post by: Inkdull on June 26, 2020, 11:45:10 AM
Projects with deflationary feature are always over hyped, sooner or later you will start seeing their true figure, I got many deflation tokens through Airdrops and most are now useless, now I have no interest in deflation tokens anymore


Title: Re: Deflationary Tokens
Post by: FLHippy on June 26, 2020, 11:56:01 AM
Deflationary tokens don´t make any sense until you give them some value, for example, back them with some luxury assets like gold. Because deflationary means that in the future there will be fewer tokens than now. But, when you think about it people won´t use it because they will be  :)motivated to hold. But you need to give them the reason why hold, why it has a value.


Title: Re: Deflationary Tokens
Post by: Taufik blackspade team on June 26, 2020, 12:03:13 PM
Deflationary tokens don´t make any sense until you give them some value, for example, back them with some luxury assets like gold. Because deflationary means that in the future there will be fewer tokens than now. But, when you think about it people won´t use it because they will be  :)motivated to hold. But you need to give them the reason why hold, why it has a value.
the reason is the use-value of real platform development. when they have a platform that continues to grow and demand continues to grow, while the supply of coins decreases it will strengthen their prices. some assets like that of course will make investors hold and not trade it in the long run.


Title: Re: Deflationary Tokens
Post by: RomiM on June 26, 2020, 07:09:42 PM
Inflation in a controlled manner always bring rise in price as we have seen in bitcoin. On the other hand ethereum has no limit of how many eth will be generated and is also doing good. Deflationary tokens like BOOM can also make a good impact since they are bringing down the total coins in circulation. They are new that's y such coins have to answer so many questions.

Ether is a utility token which anyone with ERC tokens will need it when sending. Anyone engaging in ERC tokens and trading will need ETH that is why its not going zero. But with Boom its yet unclear what its purpose but just deflationary token not very different to the team burning the own tokens milestones after milestones yet the price didn't change over time.

That's true. I think burning down token is a utility in itself. Not many coins are burned on every transaction just 1%. People are scared of them like they will be gone the next day they work up. I am keeping an eye on them as well as in my portfolio also.


Title: Re: Deflationary Tokens
Post by: Abiky on June 26, 2020, 07:58:48 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

To be honest with you, most deflationary coins are simply not worth the investment. Only a small few like Bitcoin, ETC, and Maker DAO, are worth a shot. This is largely because value doesn't necessarily come from deflation, but rather usability. If a cryptocurrency or token is deflationary but has no real use cases for the mainstream world, it'll simply become worthless in the long run. BNB is another deflationary token in which Binance burns a portion of its supply every once in a while. Besides this, the token is widely used on the Binance exchange for fee discounts, token creation on Binance Chain, and more. As it combines deflation + utility, it has managed to obtain a relatively high price on the market.

If you pick the right tokens that are deflationary by design, your investment will grow by a large margin over time. Bitcoin is well-known to be the best deflationary cryptocurrency you can invest right now. By playing your cards right, you'll be able to live a steady financial life for the foreseeable future. Remember, "not all that glitters is Gold". Just my thoughts ;D


Title: Re: Deflationary Tokens
Post by: kakamrul on June 27, 2020, 10:28:40 AM
A cryptocurrency with a continuously depreciating supply in its blockchain is called a deflationary cryptocurrency. Deflation can be accomplished through burning some percentage of a coin being minted, buyback and burn, buyback and hold, and many more.


Title: Re: Deflationary Tokens
Post by: Gayong88 on June 27, 2020, 10:47:09 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

Now many people choose the strong and well known in an exchange such as BTC and ETH. Well, all you have to do is run and work. Regarding your question above there are weaknesses so it ends like you said.


Title: Re: Deflationary Tokens
Post by: Mr. R2712 on June 27, 2020, 12:52:48 PM
There's only one deflationary coin that will have a future tho, and that is BOMB token. It has the first mover advantage, and the team is working on it now and then, so in the long term it will be interesting to see where it goes. I have like 100 of them and I'll keep them there for a few years as an experiment, and see what happens.


Title: Re: Deflationary Tokens
Post by: kingzpro on June 27, 2020, 01:53:57 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
I think the concept is good but new coins even with deflationary model are not worthy to invest because they have literally no or very low transaction volume so it will take years to see some deflationary effect.
I will only suggest if btc and eth network upgrades and applies this model because both these networks have huge huge amount of daily transactions and this model will really work and investors will be massively attracted because profit will be almost guaranteed with this model, if implemented on the biggest used blockchains.


Title: Re: Deflationary Tokens
Post by: RomiM on June 27, 2020, 04:14:12 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
I think the concept is good but new coins even with deflationary model are not worthy to invest because they have literally no or very low transaction volume so it will take years to see some deflationary effect.
I will only suggest if btc and eth network upgrades and applies this model because both these networks have huge huge amount of daily transactions and this model will really work and investors will be massively attracted because profit will be almost guaranteed with this model, if implemented on the biggest used blockchains.

If you see statistics of BOOM at CMC they are not very bad https://coinmarketcap.com/currencies/boom/ . With this volume, there is fair chance for deflationary coins to go up in days to come. Just keep your eye open, every coin has a day.


Title: Re: Deflationary Tokens
Post by: filterMX on June 27, 2020, 04:40:53 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
Maybe the team has a separate goal that we never knew, but so far I haven't found a deflation token where coins are destroyed every time a transaction is made, so if I may know what is that token?

that's also true because every action has a purpose, but without knowing the name of the token we can't analyze it further, to find out the truth about the token that the PM talked about


Title: Re: Deflationary Tokens
Post by: RomiM on June 29, 2020, 05:19:24 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
Maybe the team has a separate goal that we never knew, but so far I haven't found a deflation token where coins are destroyed every time a transaction is made, so if I may know what is that token?

that's also true because every action has a purpose, but without knowing the name of the token we can't analyze it further, to find out the truth about the token that the PM talked about


That may be true but this doesn't mean that there is no chance for a deflationary token to go up. initially, BTC also has only one purpose i.e. to transfer funds, and nowadays any altcoin with the only use case of payment method is not welcomed. Likewise deflationary is a new concept and will take time to digest.


Title: Re: Deflationary Tokens
Post by: WatChe on July 01, 2020, 06:49:14 PM
Going through the thread I realized that there is mixed opinion about the deflationary tokens. The concept is attractive yet new to be absorbed instantly by the investors. Just keep an eye on its volume and price, it may shoot someday.


Title: Re: Deflationary Tokens
Post by: AntChe on July 03, 2020, 06:02:17 PM
We need to carefully do research before we made our mind in investing in any altcoin. Today's crypto market is overloaded with altcoins and there is immense competition. Deflationary token's idea is innovative and I don't think it's wise to ignore this emerging coin.


Title: Re: Deflationary Tokens
Post by: bitgolden on July 03, 2020, 06:58:01 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
Only speculative purposes to swallow your hard earned money. When you are not sure about the purpose of creating such tokens/coins then question of considering about its worthiness to invest not at all making any sense in my opinion. These tokens/coin is not ticking the very first criteria then there would be no need of going further to analyze them for the reason of investing with them. It is just multiplying your risk levels rather than your analysis must work in a way to eliminate the risks as much as possible.

I remember there was another topic about devs' plan on burning tokens on periodic manner and in that discussion this forum members have concluded like burning tokens cannot be a progressive action toward the development of the project. So, creating artificial deflation should not be encouraged. You must ignore the projects which are having "destroying" plans.


Title: Re: Deflationary Tokens
Post by: AntChe on July 06, 2020, 08:11:07 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
Only speculative purposes to swallow your hard earned money. When you are not sure about the purpose of creating such tokens/coins then question of considering about its worthiness to invest not at all making any sense in my opinion. These tokens/coin is not ticking the very first criteria then there would be no need of going further to analyze them for the reason of investing with them. It is just multiplying your risk levels rather than your analysis must work in a way to eliminate the risks as much as possible.

I remember there was another topic about devs' plan on burning tokens on periodic manner and in that discussion this forum members have concluded like burning tokens cannot be a progressive action toward the development of the project. So, creating artificial deflation should not be encouraged. You must ignore the projects which are having "destroying" plans.

You have great analysis. But I slightly differ from you that since deflationary coins are more volatile than traditional crypto, its good to keep some space reserved for them for long run. Every coin has a day and you don't know at the day for BOOM.


Title: Re: Deflationary Tokens
Post by: ZincUnrated on July 06, 2020, 11:00:35 PM
The bubble has long burst for deflationary tokens. While it was good when it lasted, deflationary tokens and projects weren't designed in such a way that they can last the test of time in the industry. While some of them did very well, some have continued to struggle leading to their complete phasing out. Several deflationary projects that were developed during this period neither had any use case or future. They tailored on the success of Bomb token hence they died a natural death when things got stuck and couldn't continue. Today, most of those projects are no where to be seen, they were all shortlived.


Title: Re: Deflationary Tokens
Post by: MadeMen on July 07, 2020, 12:45:45 AM
The era of deflationary tokens are past. I remember when deflationary tokens was the big thing and people were basically holding them simply because of the fact that the tokens had a rapid increase in value. There was basically no use case for all the deflationary tokens I read about. I knew it was just a bubble and won't stand the test of time. I still hold some deflationary tokens, but they are as good as worthless.


Title: Re: Deflationary Tokens
Post by: AntChe on July 08, 2020, 04:54:44 PM
I may differ a bit. I think the era of deflationary coins is yet to start. It's too early to say that they won't go up, only time will tell. To me, these are sleeping coins and they may explode at any time. I can have a safe bet of deflationary coins. 


Title: Re: Deflationary Tokens
Post by: JeotQ on July 08, 2020, 05:02:58 PM
I think deflationary tokens era isn't over because the use case hasn't been used professionally by good developers, just take a minute to do research on many dead deflation tokens you will see that the only one they focus on is the deflation feature, no other good use case implemented in the projects


Title: Re: Deflationary Tokens
Post by: Furryball on July 08, 2020, 05:05:26 PM
I have nothing against deflation use case but too many projects use this use case to create hype that price will keep surging since the max supply will always get smaller over time, they have no other usefulness that this which makes deflationary projects looks stupid


Title: Re: Deflationary Tokens
Post by: Review Master on July 08, 2020, 05:24:25 PM
Deflationary tokens are just created for the purpose of testing the feature and nothing else to do for profits or trading purpose, Imo. So, if anyone want to buy and hodl for some profits than it might not work for all time because it's not 100% sure that token price will be increased because of the decreasing of total supply. Like others "Bomb Token" is one of those deflationay token and also make some hype in this sectors. So, it's not the ending of deflationary tokens and we might see more projects on this sector in the upcoming days.


Title: Re: Deflationary Tokens
Post by: AntChe on July 11, 2020, 07:01:11 PM
I have nothing against deflation use case but too many projects use this use case to create hype that price will keep surging since the max supply will always get smaller over time, they have no other usefulness that this which makes deflationary projects looks stupid

We have now very mature investors that are not willing to invest in every new project. If you look at BOOM statistics (https://coinmarketcap.com/currencies/boom/), you will get to know it's still getting a decent turnover daily. This means game is still ON for this coin atleast.


Title: Re: Deflationary Tokens
Post by: Bananington on July 11, 2020, 07:27:06 PM
The bubble has long burst for deflationary tokens. While it was good when it lasted, deflationary tokens and projects weren't designed in such a way that they can last the test of time in the industry. While some of them did very well, some have continued to struggle leading to their complete phasing out. Several deflationary projects that were developed during this period neither had any use case or future. They tailored on the success of Bomb token hence they died a natural death when things got stuck and couldn't continue. Today, most of those projects are no where to be seen, they were all shortlived.

I can remember vividly when BOMB 💣 token launched, they got paid reviews from some crypto influencers and boom price skyrocketed. So many scam projects with no concise aim followed suite, all in the name of deflationary tokens which is somewhat baseless. Most will launch, list on fork delta and then few shitty exchanges which collect fee project tokens for listing. Funny how all disappeared in tin air, now dead projects.


Title: Re: Deflationary Tokens
Post by: Synerggy on July 11, 2020, 07:47:40 PM
All deflation tokens are based on Hype, people think that investing in them will get them richer fast since there supply gets shrinker every time but honestly no use cases for this project, the only deflation token that works is BOMB and after it's success many copycats rise up


Title: Re: Deflationary Tokens
Post by: philanthropist67 on July 13, 2020, 06:48:13 PM
This is true that haste makes waste and its well suited for the crypto market.
But we have also seen that many coins are not given any importance in there early days because of there new and innovative ideas. Once they start moving up, everyone start jumping in, and its too late by then. Will that be true for BOOM also?


Title: Re: Deflationary Tokens
Post by: pinko5 on July 15, 2020, 06:56:02 PM
I don't agree with people who say deflationary tokens are not worthy of investment. We have seen all categories have gone up at least ones and BOOM and other Deflationary Tokens have yet to see such bullish run. just wait for few more months.


Title: Re: Deflationary Tokens
Post by: Nesbee2 on July 15, 2020, 08:00:26 PM
 Deflationary token or project would have been a good one for investment , the only problem i have seen with these kind of projects is that alot of developers now claim to create deflationary token with a bad intention of scamming investors who prefer to invest in these projects. Apart from  that i am not seeing any problem with deflationary token.


Title: Re: Deflationary Tokens
Post by: pinko5 on July 17, 2020, 05:20:04 PM
Deflationary token or project would have been a good one for investment , the only problem i have seen with these kind of projects is that alot of developers now claim to create deflationary token with a bad intention of scamming investors who prefer to invest in these projects. Apart from  that i am not seeing any problem with deflationary token.

I think this is true for all coins not just for deflationary coins. BOOM is already listed on so many exchanges and is getting decent revenue on daily basis, thats why I am interested in this coin.


Its not an ordinary coin as its listed on 9 different exchanges. Seems to me a very strong coin. Not many coins have the opportunity to get themselves listed on so many exchanges. 


Title: Re: Deflationary Tokens
Post by: VIP BTC on July 19, 2020, 10:29:09 AM


I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.

My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?


I think this is an option for those who create coins with high supplay, so they cannot control the circulation of coins properly due to the high amount. And make prices worse. If they reduce the number of coins, this will improve the price of the coin for the better. As long as they are still developing the system in any way, the coins are worth investing.


I think you are overlooking the fact that it does not matter what your deflation rate is, if your coin is worth nothing, then no matter what you burn or deflate from it, it would stay worth nothing. You'd just be piggybacking on the investments made by early investors and artificially boosting the prices, which would not mean anything. It beats the purpose of having a "cryptocurrency" in the first place. This is a very subversive tactic used by corporates, and unfortunately most of us crypto lovers cannot wrap our heads around the subject and celebrate and crave deflationary tokens and coins without even understanding the repercussions.

These tokens are mostly just ticking time bombs that will explode in the face of noob investors eventually.
I have already explained that the coins would be worth investing if they were still developing their system. That is, they not only reduce the number of supplay, but there is something new that they are developing. Let's say they develop a mass payment system, or they work with large companies like Amazon or others.


Title: Re: Deflationary Tokens
Post by: slashz9 on July 19, 2020, 11:08:13 AM
I think they are trying to make a new way to attract people's attention, I don't know what the total amount of the supply is and how many tokens are burned after each transaction. the exact purpose is unknown.


Title: Re: Deflationary Tokens
Post by: jahepahit on July 19, 2020, 11:54:55 AM
It's just for an  experiment  sake and then it began to pick up from there. It's not for Investment but only for quick profit making. In real life it won't work and won't solve any problem.


Title: Re: Deflationary Tokens
Post by: kensaii on July 19, 2020, 03:07:42 PM
No, it has been long gone and doesn't really worth for crypto focus only on try how to controlled inflation aka deflationary tokens. Controlled inflation only a secondary feature while use case, leading innovation, widely use as payment are the main selling point for crypto.


Title: Re: Deflationary Tokens
Post by: New_order on July 19, 2020, 04:24:00 PM
Deflation is rubbish, scarcity of tokens either through daily burning or monthly burning doesn't make deflation tokens better, if a project has no real use case it will never perform good for long term, deflation tokens are base on scarcity HYPE and that's all they have to offer


Title: Re: Deflationary Tokens
Post by: Sourhearrt on July 19, 2020, 06:41:26 PM
A deflationary token is one where tokens are removed from the market over time. Tokens can be removed from the market via a variety of methods including token buy-backs and token burns from the token creators.

The main issue that deflationary tokens present is that they will often be seen as a security in the eyes of regulators. This is because the deflationary mechanisms used to buy the tokens back from the market are generally dependent on the success of the company and if the company performs well, more tokens can be bought from the market which will often improve the health of the ecosystem, and if the company does poorly, they will not have the resources to buy as much off the market leading to an excess supply and often times, and unhealthy ecosystem. Because of this direct relationship between the success of the company and the health of the token ecosystem, these deflationary tokens will almost always be classified as a security.

In some cases they are ok to invest in. But let say 50/50

Oh boy, you need a lot to learn newbie, your points are so confusing, deflation tokens are self destructing cryptocurrencies that burns token equal to 1% of each transaction on the network, saying deflation tokens are token that are removed from market is nonsense, please improve, buying back of tokens have nothing to do with deflation tokens, they are both different things entirely


Title: Re: Deflationary Tokens
Post by: Deeshawn on July 20, 2020, 04:16:58 PM
I don't believe in deflationary future, new project keeps creating their foundation on deflationary probably because of the huge acceptance from the cryptocurrency community with the pump from the likes of Void, but am not sure there is any promising future for deflationary tokens, so is better u stay clear them.


Title: Re: Deflationary Tokens
Post by: jimjam1 on July 20, 2020, 06:31:48 PM
There is great opposition about deflationary coins but we still cant rule out the possibility that they wont have any future. I see them as a token that have great future in day trading and I am slowly accumulating them.


Title: Re: Deflationary Tokens
Post by: pinko5 on July 23, 2020, 06:37:35 PM
I don't believe in deflationary future, new project keeps creating their foundation on deflationary probably because of the huge acceptance from the cryptocurrency community with the pump from the likes of Void, but am not sure there is any promising future for deflationary tokens, so is better u stay clear them.

I think we are not clear about anything in crypto, things can take wild swing any time. We cant say with confidence that deflationary coins have no future, may be they are on moon the other day. Who knows!!!


Title: Re: Deflationary Tokens
Post by: EscTel on July 25, 2020, 06:04:58 PM
Boom token now is valued with highest marketcap among all deflationary token projects. You can check the details here on this link. https://etherscan.io/tokens/label/deflationary-token


Title: Re: Deflationary Tokens
Post by: SamaBB on July 27, 2020, 06:32:11 PM
Boom token now is valued with highest marketcap among all deflationary token projects. You can check the details here on this link. https://etherscan.io/tokens/label/deflationary-token

Market cap of 1.3 million USD is good enough to keep this token in the race. I am sure that rally for deflationary token is yet to come. Its good to buy and HODL BOOM at current price.


Title: Re: Deflationary Tokens
Post by: pritchathenexttrader on July 30, 2020, 08:26:28 PM
Boom token now is valued with highest marketcap among all deflationary token projects. You can check the details here on this link. https://etherscan.io/tokens/label/deflationary-token

Market cap of 1.3 million USD is good enough to keep this token in the race. I am sure that rally for deflationary token is yet to come. Its good to buy and HODL BOOM at current price.

We need to see more people in this project if we want to see this project successful and its possible only by building a strong community. BOOM may be at no 1 but there are other Deflationary coins that have more HOLDERS.


Title: Re: Deflationary Tokens
Post by: PochJvb on August 01, 2020, 06:51:01 PM
Boom token now is valued with highest marketcap among all deflationary token projects. You can check the details here on this link. https://etherscan.io/tokens/label/deflationary-token

Seeing this list, there are many investors who are still holding this coin. This may be another sleeping coin which may explode on any bright day. Remember BTC is above 11k and alt coins may join this party any time.


Title: Re: Deflationary Tokens
Post by: Cheesus on August 01, 2020, 07:21:24 PM
Last year, I was witnessed by many deflationary crypto coins, but right now, I don't see anyone doing good, many projects already scammed, many are dead. Because the idea was bullshit to me. There was no use cases, no future vision on those coins, so they have gone for better! I would suggest you don't invest such self-killing currency, I am regretting by investing in Blockburn though they moved from their Deflationary model!


Title: Re: Deflationary Tokens
Post by: BChydro on August 01, 2020, 09:57:17 PM
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
The only purpose is to have an increased price, the major thing you need to understand with these deflationary tokens in the market is that they developers will be holding a ton of premine coins and if the project catches on the valuation will be shown, if not be careful as you will never know when it will doom as well.


Title: Re: Deflationary Tokens
Post by: TimeTeller on August 01, 2020, 10:09:32 PM
Last year, I was witnessed by many deflationary crypto coins, but right now, I don't see anyone doing good, many projects already scammed, many are dead. Because the idea was bullshit to me. There was no use cases, no future vision on those coins, so they have gone for better! I would suggest you don't invest such self-killing currency, I am regretting by investing in Blockburn though they moved from their Deflationary model!

If you encounter a deflationary token with no use case but there is a promise of increase its price due to decreasing its total supply, don't be tempted to buy.
Because decreasing its supply alone will not guarantee its price increase.
Only the dev team will benefit from it. One should have strong use case to deliver a strong market.
So nope, not all deflationary tokens are worth buying. Most of them are crap tokens trying to rekt buyers.


Title: Re: Deflationary Tokens
Post by: TooLate1 on August 03, 2020, 06:55:33 PM
The Deflationary concept is fairly new in the market that's why not many are taking it seriously. If you closely analyze these Deflationary tokens, one thing is evident that there are many silent HODLERS of these coins who have invested money and waiting for the rise of these coins. Who knows how many of them are whales.


Title: Re: Deflationary Tokens
Post by: Abiky on August 04, 2020, 06:09:35 PM
They use to but not anymore as today, the deflationary token/coin is just a secondary option. Projects focus on the real use case instead of that. Only a few die-hard supporters hold or invest in those kinds of coin/token so you should make sure you are not someone's exit point.

Exactly. What matters is not the total supply of the coin, but rather its use cases in the mainstream world. There are many coins and tokens out there with a deflationary model, only to experience a decline in demand because of their lack of real world usage. Bitcoin is the only exception, as it's not only a deflationary cryptocurrency, but also useful for people in the mainstream world. It's the one of the most actively developed cryptocurrencies in the Blockchain space right now. If you want to invest into good deflationary tokens, you need to look for those that are active in development and innovation with real usability. Otherwise, you'd be wasting your time.

Remember, one doesn't necessarily need to "hunt" for deflationary tokens if others with a undefined supply are doing well on the market. Consider Ethereum which is an inflationary cryptocurrency that has been quite successful over the years. It went from being worth pennies to hundreds of dollars (USD) in just a few years since inception. If you choose your coins or tokens right, your investment could be worth a ton of money in the future. It's all a matter of choosing the right coins or tokens with constant development and real use cases for the mainstream world. Just my opinion :)


Title: Re: Deflationary Tokens
Post by: giammangiato on August 04, 2020, 08:33:10 PM
Are deflationary tokens died? I can't see any token in these weeks with these features. I remember there was bomb in the past that did great. The deflationistinc system is one of the best way for fight the panic sells and the decreasing of price!


Title: Re: Deflationary Tokens
Post by: Chukwunonso on August 05, 2020, 10:00:37 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

I'm yet to get a full grasp of the intension behind the deflationary tokens. I guess it's majorly to ensure that the value continues to increase as transactions are done and more persons are holding the tokens. But in my opinion, the major reason for a project should be its use case and not merely it's value.


Title: Re: Deflationary Tokens
Post by: Wingsbtc on August 05, 2020, 11:42:19 AM
I don't trust deflation tokens because many people talk bad about them, I can't see any good reviews on deflationary tokens, this is why its good to always do research yourself before investing


Title: Re: Deflationary Tokens
Post by: Bossfidelity on August 05, 2020, 12:45:20 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

Firstly, I don't think deflationary tokens are worth investing. This is because they rarely have any reasonable use case. The major or only purpose for their establishment is for increase in value which makes it more of a ponzi scheme than a cryptocurrency project. The deflationary tokens rarely list on reputable exchanges such as binance, bittrex, poloniex, etc.


Title: Re: Deflationary Tokens
Post by: TooLate1 on August 05, 2020, 05:38:07 PM
Are deflationary tokens died? I can't see any token in these weeks with these features. I remember there was bomb in the past that did great. The deflationistinc system is one of the best way for fight the panic sells and the decreasing of price!

They are not dead rather they are sleeping and can be bullish anytime. I am one of the lover of deflationary coins since there inception. We have too many coins with different use cases. Decrease in total supply of coins itself is a use case in my view.
You can see market cap and HODLERS of Deflationary Tokens here
https://etherscan.io/tokens/label/deflationary-token


Title: Re: Deflationary Tokens
Post by: nutriagrigia on August 05, 2020, 07:58:34 PM
Are deflationary tokens died? I can't see any token in these weeks with these features. I remember there was bomb in the past that did great. The deflationistinc system is one of the best way for fight the panic sells and the decreasing of price!
such a token model simply could not exist in this market. Several scam projects appeared that began to say that they had a deflationary model of a token and then turned out to be a scam. people stopped believing that it is possible


Title: Re: Deflationary Tokens
Post by: UpBots on August 07, 2020, 06:21:04 PM
Deflationary model is facing strong resistance but we cant say that its fully rejected. There are people who are investing in this model, so there is bright chance that game for deflationary model is ON.


Title: Re: Deflationary Tokens
Post by: TooLate1 on August 09, 2020, 06:36:10 PM
Deflationary model is facing strong resistance but we cant say that its fully rejected. There are people who are investing in this model, so there is bright chance that game for deflationary model is ON.


Many new models have scammed crypto investors but this is also true that not every crypto project is scam. Remember those who saying deflationary model is fake or scam are the same that said bitcoin is scam. DYOR and HODL.


Title: Re: Deflationary Tokens
Post by: pinko5 on August 11, 2020, 06:37:38 PM
Deflationary token model has not yet gained popularity despite the fact that we have too many such coins in the market and some are attracting good volume every day. Lets wait and watch, we cant rule the possibility that these coins wont go up.


Title: Re: Deflationary Tokens
Post by: jerrison on August 11, 2020, 06:49:32 PM
The deflationary feature in the token, irrespective of the option chosen to deflate the token with, whether it be burning on a specific timing or percentage destruction on per transaction. i just see that feature as a way of giving it value but it does have need for a solution and that is the main use it has in the real life else its just a waste.


Title: Re: Deflationary Tokens
Post by: Abiky on August 14, 2020, 01:30:56 AM
Firstly, I don't think deflationary tokens are worth investing. This is because they rarely have any reasonable use case. The major or only purpose for their establishment is for increase in value which makes it more of a ponzi scheme than a cryptocurrency project. The deflationary tokens rarely list on reputable exchanges such as binance, bittrex, poloniex, etc.

Agree. Finding a deflationary token that's worth the investment is very hard. Most of them turn out to be quick money grabs by their developers. Only a select few like Bitcoin and Maker are worth it, because of their constant development, innovation, and most of all, mainstream adoption. You can always allocate a small portion of your capital into deflationary cryptocurrencies like Bitcoin and Maker or even exchange-based coins like Binance Coin for peace of mind. When the next bull run takes place on the market, you'll be able to enjoy steady financial gains like never before.

All in all, there's no guarantee that a deflationary token will become extremely valuable over time. Everything will depend on how well it's adopted within the mainstream world. If you have a deflationary token with no real use cases for the mainstream world, it won't be going anywhere. I've seen inflationary cryptocurrencies like Ethereum and Stellar performing well on the market. As long as you do your own research about a cryptocurrency or token you're willing to invest into, nothing should go wrong. Just my thoughts ;D


Title: Re: Deflationary Tokens
Post by: bandungan on August 14, 2020, 02:15:19 AM
their goal seems to be to control the coin price in order to stay awake, because where the number of tokens supply exceeds the limit and the buyers are few, it is certain that the price of tokens will be destroyed. so this strategy is to keep the price in the market and also to avoid being dumped because the dump makes the token price worthless if it dumps for a long time and people are no longer interested in buying


Title: Re: Deflationary Tokens
Post by: SamaBB on August 14, 2020, 05:19:03 PM
After reading comments here on thread, I realized that investors and senior member of crypto community don't have much positive reviews about deflationary tokens but I still think they have a better future since there are not many deflationary coins in the market, so competition is relatively less. I am gathering deflationary coins since they are available at discounted rates.


Title: Re: Deflationary Tokens
Post by: TooLate1 on August 16, 2020, 04:56:07 PM
The idea of self burning in BOOM looks to me innovative, I don't know what other deflationary coins are using. The fact we see too much resistance on deflationary is because we are used to coins that have use cases. I have seen many coins that have lucrative use cases but zero implementation. BOOM has produced what it promised, so that why I gave it more weight.


Title: Re: Deflationary Tokens
Post by: Iyanu14 on August 20, 2020, 11:00:55 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

I think the era of deflationary tokens have gone.  We thought these tokens will actually bring lots of revolutions to the crypto industry especially, in the area of limited supply and burning of tokens on every transaction.  But the concept didn't really make it.  I still have some of them in my wallet now that as good as dead.


Title: Re: Deflationary Tokens
Post by: ChpCms on August 22, 2020, 07:45:20 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
The purpose of deflationary tokens is attracting investors by the scheme of a limited number of coin that 'maybe' yield better profit one it goes to the moon. That it. Worthy or not, depend on how that deflationary token intends to trigger the booming. To do that, it needs more than just the 'low-in-number' scheme.

I think this lowering in number with time is the only use-case of deflationary coin like BOOM. I don't think you need use cases to be successful token, there are many problems associated with blockchain and token that can address such problem will hold the future of crypto whether its BOOM or any other deflationary token.


Title: Re: Deflationary Tokens
Post by: ChpCms on August 24, 2020, 03:49:16 PM
With the recent surge of crypto with a limited total supply, I think the next will be the deflationary tokens/cryptos. Because of many new cryptos in the market today that put any crypto with a decently controlled inflation become such a worthy investment.

This seems very much possible to me. Every new concept take time to get accepted and same is happening with deflationary tokens. While immature investors are busy discussing cons of Deflationary Tokens, the wise one are busy buying them as future investment. 


Title: Re: Deflationary Tokens
Post by: UpBots on August 26, 2020, 06:22:08 PM
With the recent surge of crypto with a limited total supply, I think the next will be the deflationary tokens/cryptos. Because of many new cryptos in the market today that put any crypto with a decently controlled inflation become such a worthy investment.

Recent bitcoin halving proves the fact that limiting the supply of token effects its price in upward direction. Though Deflationary Tokens like BOOM, FSM are in there early stages, there is firm chance that they will rise in future. As there supply is continuously decreasing.


Title: Re: Deflationary Tokens
Post by: Henrytrust on August 26, 2020, 06:27:30 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

The major reason for creating deflationary tokens is for pumps and dumps. We all know how several deflationary tokens flooded the market out of no where and their names had almost similar psychological aura. Most had to do with explosion and burns. We saw a few massively increasing, but at the end of the day, they all had a free fall.


Title: Re: Deflationary Tokens
Post by: Abiky on August 26, 2020, 10:01:11 PM
I think the era of deflationary tokens have gone.  We thought these tokens will actually bring lots of revolutions to the crypto industry especially, in the area of limited supply and burning of tokens on every transaction.  But the concept didn't really make it.  I still have some of them in my wallet now that as good as dead.

Exactly. Most deflationary tokens out there have been abandoned by their developers. Only a select few are still being actively traded on the crypto market. It's not about deflation, but rather how useful a cryptocurrency or token is in the mainstream world. But people don't see it that way. They believe that a deflationary token is meant to rise in price for the foreseeable future. This mindset leads to many undesired losses in the long run. Those who know how crypto works, will invest wisely into prominent cryptocurrencies with a proven track record of development and innovation.

As far as choosing a deflationary token as a long term investment, I think that Binance Coin is the best one around. Binance will be periodically burning the supply of BNB, contributing towards the token's price in the long term. Considering that Binance has been widely successful in the crypto space, Binance Coin (BNB) won't be going anywhere. You can see how BNB quickly increased in price since it came into inception some time ago. Buying & holding BNB, alongside deflationary cryptocurrencies like Bitcoin and Litecoin, should give you an ever-lasting investment that will help secure your financial future. As a golden rule, always do your own research regarding any deflationary or non-deflationary token you're willing to invest into. If you do that, you won't have to regret making a bad decision in the long run. Just my opinion :)


Title: Re: Deflationary Tokens
Post by: SerbSerc on August 28, 2020, 06:59:49 PM
I think the era of deflationary tokens have gone.  We thought these tokens will actually bring lots of revolutions to the crypto industry especially, in the area of limited supply and burning of tokens on every transaction.  But the concept didn't really make it.  I still have some of them in my wallet now that as good as dead.

Exactly. Most deflationary tokens out there have been abandoned by their developers. Only a select few are still being actively traded on the crypto market. It's not about deflation, but rather how useful a cryptocurrency or token is in the mainstream world. But people don't see it that way. They believe that a deflationary token is meant to rise in price for the foreseeable future. This mindset leads to many undesired losses in the long run. Those who know how crypto works, will invest wisely into prominent cryptocurrencies with a proven track record of development and innovation.

As far as choosing a deflationary token as a long term investment, I think that Binance Coin is the best one around. Binance will be periodically burning the supply of BNB, contributing towards the token's price in the long term. Considering that Binance has been widely successful in the crypto space, Binance Coin (BNB) won't be going anywhere. You can see how BNB quickly increased in price since it came into inception some time ago. Buying & holding BNB, alongside deflationary cryptocurrencies like Bitcoin and Litecoin, should give you an ever-lasting investment that will help secure your financial future. As a golden rule, always do your own research regarding any deflationary or non-deflationary token you're willing to invest into. If you do that, you won't have to regret making a bad decision in the long run. Just my opinion :)

Any coin that is abandoned by its developers can never go up whether its Deflationary token or any other. If you analyze history of BOOM token since its inception, you can clearly see that its attracting a decent amount of volume and this is clear indication that team is still working hard behind the scene.   


Title: Re: Deflationary Tokens
Post by: Colossal Enterprises LLC on August 30, 2020, 05:19:38 PM
Deflationary Tokens based on smart contract is a great way to boost the token volatility. Since the tokens are continuously getting lesser in number, the price will be always in swing. It will be interesting that how this coin will be adapted when total circulating tokens will be half of the total number of coins.   


Title: Re: Deflationary Tokens
Post by: IvugeoEvolutionCoin on August 30, 2020, 05:56:21 PM
Deflationary Tokens based on smart contract is a great way to boost the token volatility. Since the tokens are continuously getting lesser in number, the price will be always in swing. It will be interesting that how this coin will be adapted when total circulating tokens will be half of the total number of coins.   

I understand deflationary token concept helps to reduce circulating supply and hence increase demand for the token, but then some new projects are having a big misconception about it. I bought one DEFI token on uniswap and sent it out to a centralized exchange since my main aim was arbitrage, 20% of the token was burnt upon that transfer to my greatest dismay. What kind of token architecture is that? Some new DEFI token are adding the deflationary concept to spice things up anyway.


Title: Re: Deflationary Tokens
Post by: maiden on August 31, 2020, 03:07:07 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

when it comes to crypto, deflation is all that matters.In the crypto space, people are encouraged to hodl , the longer you hodl your coin, the higher the coin’s value will gain.it  is a kind of deflationary currency and you may expect it to only increase in value in the long term as the supplies of most cryptos are fixed, crypto have a lot of deflationary tokkens, when the token burning occurs, a specific amount of crypto is permanently removed form circulation. the destruction of the coin is not  to be taken literaly. what happens is that with a coinburn tokens are taken out of circulation by placing them in a public wallet from which these tokens can never be retrieved.


Title: Re: Deflationary Tokens
Post by: Kotone on August 31, 2020, 07:12:02 AM
Deflationary Tokens based on smart contract is a great way to boost the token volatility. Since the tokens are continuously getting lesser in number, the price will be always in swing. It will be interesting that how this coin will be adapted when total circulating tokens will be half of the total number of coins.   
How good is the deflationary when the market is highly volatile? See what happened on AMPL, they are now barely surviving due to the negative rebase of the coin price.

I am fomo indeed but losing 100$ in the process is not good. Also you will noticed that the decrease of coins are likely eat your stuck in the end. Only whales can support its volatility by having tons of coins and will sell during rebase.


Title: Re: Deflationary Tokens
Post by: Phoenix_PROG on August 31, 2020, 09:08:30 AM
Deflationary Tokens based on smart contract is a great way to boost the token volatility. Since the tokens are continuously getting lesser in number, the price will be always in swing. It will be interesting that how this coin will be adapted when total circulating tokens will be half of the total number of coins.   
How good is the deflationary when the market is highly volatile? See what happened on AMPL, they are now barely surviving due to the negative rebase of the coin price.

I am fomo indeed but losing 100$ in the process is not good. Also you will noticed that the decrease of coins are likely eat your stuck in the end. Only whales can support its volatility by having tons of coins and will sell during rebase.
I'm with you mate, it's better to ride in for short term and ride out when you've make few good gains, I'm not into crypto investment for long term, I will always jump from one project to another, once I made good gains from a coin I will find another


Title: Re: Deflationary Tokens
Post by: mqpa73 on September 01, 2020, 05:12:38 PM

I'm with you mate, it's better to ride in for short term and ride out when you've make few good gains, I'm not into crypto investment for long term, I will always jump from one project to another, once I made good gains from a coin I will find another


If you are looking for short term investment or trading then Deflationary Tokens are a good choice for that purpose. You can take short term position with them as they are very much volatile. BOOM is doing good on exchanges, you can try that.


Title: Re: Deflationary Tokens
Post by: coinism on September 04, 2020, 07:02:22 PM
Deflationary Tokens based on smart contract is a great way to boost the token volatility. Since the tokens are continuously getting lesser in number, the price will be always in swing. It will be interesting that how this coin will be adapted when total circulating tokens will be half of the total number of coins.   
How good is the deflationary when the market is highly volatile? See what happened on AMPL, they are now barely surviving due to the negative rebase of the coin price.

I am fomo indeed but losing 100$ in the process is not good. Also you will noticed that the decrease of coins are likely eat your stuck in the end. Only whales can support its volatility by having tons of coins and will sell during rebase.

So why not swim with whales, get profit and quit before its too late. One need to be pro-active to study and make decision about such Deflationary tokens before its too late.
As far as AMPL is concerned, its doing good with 30 million $ turn over in last 24 hours. https://coinmarketcap.com/currencies/ampleforth/


Title: Re: Deflationary Tokens
Post by: mqpa73 on September 06, 2020, 08:23:06 AM
The traditional crypto market is saturated with too many coins with BTC the sole leader. Deflationary Tokens are good edition in a sense that they have introduced a new concept which is different then wts already there. It will take time before we see Deflationary Tokens on main spots.


Title: Re: Deflationary Tokens
Post by: chitchat on September 08, 2020, 04:46:33 PM
If you look at the site of deflationary token BOOM they have a very straight message i.e. we have a token that is lessening in number and we have launched it for trading purpose. There is no distraction like the token has this use case and applications. Its only launched for the purpose of trading and investment.


Title: Re: Deflationary Tokens
Post by: UpBots on September 11, 2020, 06:34:20 PM
Masses may take a while to adopt this new concept. Every new coin faces huge resistance in the start because of too much scam in crypto market. Legitimate tokens also have to face the criticism. deflationary tokens are available at discounted rate, buy them before it gets too late.


Title: Re: Deflationary Tokens
Post by: Kezacky on September 11, 2020, 08:43:07 PM
Deflationary tokens can't increase its value simply by the reduction of the total supply. Common sense arrives when people see the demand over the supply, they'll buy it at a higher price. However, the thing that the team can't control is people's demand. The token itself can't attract people to buy then how could the demand raise? That's one of the reasons why there's not a lot of successful deflationary tokens on the market.


Title: Re: Deflationary Tokens
Post by: WinterCns on September 12, 2020, 06:19:05 PM
Deflationary tokens can't increase its value simply by the reduction of the total supply. Common sense arrives when people see the demand over the supply, they'll buy it at a higher price. However, the thing that the team can't control is people's demand. The token itself can't attract people to buy then how could the demand raise? That's one of the reasons why there's not a lot of successful deflationary tokens on the market.

Nobody can predict the future of any token. Today's 10k$ BTC was also said to be a useless thing in 2010, same happens with almost every new token that is launched. There are mixed opinions about Deflationary Tokens but one thing is clear that if you control the supply of tokens then price is deemed to go up.


Title: Re: Deflationary Tokens
Post by: KngrKhna on September 13, 2020, 05:56:23 PM
If you do little research on these deflationary tokens, one can clearly see that they are making rapid progress in terms of both volume and price. Chances are clear that deflationary tokens price will go up as supply continue to decline but it will take time for sure.


Title: Re: Deflationary Tokens
Post by: Dana888 on September 13, 2020, 09:09:35 PM
Deflationary tokens can't increase its value simply by the reduction of the total supply. Common sense arrives when people see the demand over the supply, they'll buy it at a higher price. However, the thing that the team can't control is people's demand. The token itself can't attract people to buy then how could the demand raise? That's one of the reasons why there's not a lot of successful deflationary tokens on the market.

Nobody can predict the future of any token. Today's 10k$ BTC was also said to be a useless thing in 2010, same happens with almost every new token that is launched. There are mixed opinions about Deflationary Tokens but one thing is clear that if you control the supply of tokens then price is deemed to go up.

Moreover, I believe that the price of each token is controlled by a separate person. This person can make a referral, then start growing the token and thus attract investors to it. Then the price of the token drops sharply and people lose huge amounts of money, so it is better to take tokens that have been on the market for a long time and have a history of growth and decline.


Title: Re: Deflationary Tokens
Post by: jimjam1 on September 14, 2020, 06:58:21 PM
Deflationary tokens can't increase its value simply by the reduction of the total supply. Common sense arrives when people see the demand over the supply, they'll buy it at a higher price. However, the thing that the team can't control is people's demand. The token itself can't attract people to buy then how could the demand raise? That's one of the reasons why there's not a lot of successful deflationary tokens on the market.

Nobody can predict the future of any token. Today's 10k$ BTC was also said to be a useless thing in 2010, same happens with almost every new token that is launched. There are mixed opinions about Deflationary Tokens but one thing is clear that if you control the supply of tokens then price is deemed to go up.

Moreover, I believe that the price of each token is controlled by a separate person. This person can make a referral, then start growing the token and thus attract investors to it. Then the price of the token drops sharply and people lose huge amounts of money, so it is better to take tokens that have been on the market for a long time and have a history of growth and decline.

No pain, No Gain. If you are looking to go on with tokens that are tested then you wont gain much. Real fun of crypto lies in exploring tokens that are under valued and are yet to go up. They can give you huge profits at any instant and deflationary tokens are one among them.


Title: Re: Deflationary Tokens
Post by: timmmers on September 14, 2020, 07:20:32 PM
I see deflationary tokens as a buzzword, there are so many cryptocurrencies that are not innovative enough, and to attract their investors they need an easy strategy. When the token is deflationary, then the price of one token should grow in the future, right? Yes, but it will not grow until you have a real use case.  :D


Title: Re: Deflationary Tokens
Post by: jimjam1 on September 15, 2020, 06:40:37 PM
I see deflationary tokens as a buzzword, there are so many cryptocurrencies that are not innovative enough, and to attract their investors they need an easy strategy. When the token is deflationary, then the price of one token should grow in the future, right? Yes, but it will not grow until you have a real use case.  :D

There are many coins with good use cases but weren't able to take off. I don't think use case is the criteria to be a successful crypto token. The burning of tokens which result in decrease in coin supply is a use case in itself.


Title: Re: Deflationary Tokens
Post by: Abiky on September 16, 2020, 07:20:52 PM
I see deflationary tokens as a buzzword, there are so many cryptocurrencies that are not innovative enough, and to attract their investors they need an easy strategy. When the token is deflationary, then the price of one token should grow in the future, right? Yes, but it will not grow until you have a real use case.  :D

Exactly. The term "deflationary" in either tokens or cryptocurrencies is just a buzzword. Most developers use this tactic to fool investors in the mainstream world. When a crypto asset is deflationary, it doesn't necessarily mean that its price will constantly go up in the future. What really determines its value is the real use cases it can provide to people worldwide. I've seen many deflationary cryptocurrencies and tokens becoming worthless over time due to lack of usability. Only those that are useful and provide active development and innovation, will see constant demand on the crypto market. Consider Bitcoin as a good example of a deflationary cryptocurrency whose prices have been going up constantly since it came into inception back in 2009. Investing in the right crypto assets will allow you to preserve your financial future.

Nonetheless, a coin or token doesn't need to be deflationary to be highly successful. There are many inflationary crypto assets out there on the market with a positive uptrend in price. Ethereum is one of those crypto assets that has been considered valuable to many people in the mainstream world. It's largely because the world's second-largest cryptocurrency by market cap is extremely useful for decentralized applications. You'd need "ETH" in order to access most popular dApps on the Ethereum blockchain. Since "De-Fi" platforms are on the spotlight, Ethereum has enjoyed of a constant uptrend in price in such a short amount of time. As long as you pick the right coins or tokens to invest into, nothing should go wrong. Always do your own research instead of making decisions based on other people's opinion, and you'll do fine for the rest of your life. Just my opinion :)


Title: Re: Deflationary Tokens
Post by: jimjam1 on September 17, 2020, 12:09:01 PM
I don't think any dev team can fool investors now since they are very much mature these days and are not willing to invest in anything that looks suspicious. There are many tokens with great use cases are are still waiting to take off. Deflationary concept is a use case in itself those who understand are investing into it.


Title: Re: Deflationary Tokens
Post by: Cekerula on September 17, 2020, 12:13:58 PM
back then, I received some BOMB as an airdrop a while back and suddenly, it started to seep, I was selling them for $7- $10 each. If you talk about BOMs like tokens then If I were you I wouldn't invest much in them because they are a very risky investment.


Title: Re: Deflationary Tokens
Post by: rahmatullah9305 on September 17, 2020, 01:29:30 PM
back then, I received some BOMB as an airdrop a while back and suddenly, it started to seep, I was selling them for $7- $10 each. If you talk about BOMs like tokens then If I were you I wouldn't invest much in them because they are a very risky investment.
Yes, and many people suggest that investment is only as limited as we can afford, don't be too forced and can experience frustration when there is a sudden loss, especially if the market conditions are uncertain, obviously it will be very dangerous if not monitored regularly.


Title: Re: Deflationary Tokens
Post by: jimjam1 on September 24, 2020, 07:04:46 PM
back then, I received some BOMB as an airdrop a while back and suddenly, it started to seep, I was selling them for $7- $10 each. If you talk about BOMs like tokens then If I were you I wouldn't invest much in them because they are a very risky investment.
Yes, and many people suggest that investment is only as limited as we can afford, don't be too forced and can experience frustration when there is a sudden loss, especially if the market conditions are uncertain, obviously it will be very dangerous if not monitored regularly.

There is always a time to buy or sell a coin. Just like getting BOMB through airdrop and selling them at 10$ was ideal thing, likewise buying BOOM at current price does'nt pose much risk. BOOM is yet to see its bull risk so its good to buy this coin at current price.


Title: Re: Deflationary Tokens
Post by: PhilEilhart on September 24, 2020, 07:18:12 PM
The most issue that deflationary tokens display is that they will regularly be seen as a security within the eyes of controllers. This can be since the deflationary components utilized to purchase the tokens back from the advertise are for the most part subordinate on the victory of the company.


Title: Re: Deflationary Tokens
Post by: Pithaxz on September 24, 2020, 07:40:52 PM
I think its high time everyone recognises this and move on or risk getting caught between the Cross fire thus, losing funds. It was well worth the hype while it lasted. People need to understand that most of these deflationary tokens and projects have almost nothing to offer aside token burning rate and hype.


Title: Re: Deflationary Tokens
Post by: jimjam1 on September 27, 2020, 07:11:02 PM
I think every coin in crypto market has some sort of hype associated with it else nobody will take any interest. Deflationary is new concept that's why t hard to digest for many of us. Its still a much better investment then many other tokens that have good use cases but zero market value.


Title: Re: Deflationary Tokens
Post by: WinterCns on October 31, 2020, 05:00:54 PM
I think its high time everyone recognises this and move on or risk getting caught between the Cross fire thus, losing funds. It was well worth the hype while it lasted. People need to understand that most of these deflationary tokens and projects have almost nothing to offer aside token burning rate and hype.

I think same was said for BTC in its initial days and those who put there trust in BTC are called whales now.
Deflationary tokens are in there early days and to be part of its future success its the right time to invest in this token.   


Title: Re: Deflationary Tokens
Post by: irixo10 on October 31, 2020, 05:39:54 PM
First, I do not think being a deflationary token is enough reason to invest in any project, there have to be other good reasons which must prove why the project is worthy enough to be invested in. Although there was a time the trend or rather hype was much about deflationary tokens, because the team made it look like, by having small supply which will reduce overtime, then the price of the token will keep increasing, this idea was used to create many scam projects, until it became clear that without good use case, being a deflationary is nothing. In the same way, another purpose of having deflationary token is this, when a coin supply is much and the team aims to reduce it as time goes by, they can implement deflationary features or burn features, thus for every transaction the supply keeps reducing.


Title: Re: Deflationary Tokens
Post by: WinterCns on November 02, 2020, 04:15:06 PM
First, I do not think being a deflationary token is enough reason to invest in any project, there have to be other good reasons which must prove why the project is worthy enough to be invested in. Although there was a time the trend or rather hype was much about deflationary tokens, because the team made it look like, by having small supply which will reduce overtime, then the price of the token will keep increasing, this idea was used to create many scam projects, until it became clear that without good use case, being a deflationary is nothing. In the same way, another purpose of having deflationary token is this, when a coin supply is much and the team aims to reduce it as time goes by, they can implement deflationary features or burn features, thus for every transaction the supply keeps reducing.

In my opinion the going down of supply in circulation is use case in itself. Crypto is all about payment system and volatility. These Deflationary tokens will bring more volatility with time as supply will go down. We just need to wait and see how these coins behave in days to come.


Title: Re: Deflationary Tokens
Post by: KngrKhna on November 04, 2020, 06:35:58 PM
Deflationary tokens need more exploration as its a brand new idea and people are a bit reluctant to join it. Those who understand the demand and supply concept are betting in these Deflationary Tokens while others are not giving a good look.


Title: Re: Deflationary Tokens
Post by: Anonymous100 on November 04, 2020, 10:26:40 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

I think this is to reduce the circulating supply, so that the coin price will continue to increase if the supply gets smaller. Such a coin is worth investing in, but see if it is active. If not, leave.


Title: Re: Deflationary Tokens
Post by: jcarlo on November 04, 2020, 10:54:40 PM
Deflationary tokens need more exploration as its a brand new idea and people are a bit reluctant to join it. Those who understand the demand and supply concept are betting in these Deflationary Tokens while others are not giving a good look.

Indeed, we need to learn more about when the token is burned. I think the deflationary token aims to reduce the total supply which results in reduced circulating supply in the market, this action is expected to increase the token price and I think this is a good innovation as long as the project is good and running.


Title: Re: Deflationary Tokens
Post by: CuriousGeorge on November 04, 2020, 11:07:44 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

I think this is to reduce the circulating supply, so that the coin price will continue to increase if the supply gets smaller. Such a coin is worth investing in, but see if it is active. If not, leave.
that's the point but mostly of deflationary tokens are only think about to reduce the supply while what matter most should be the product.
Even you have been burning your token until there's only a single token in your wallet will be worthless because you have no product that can be offered to be used by the others.
These day crypto is working about how good your product and it's not about how small the supply of your coins.


Title: Re: Deflationary Tokens
Post by: Wingo on November 05, 2020, 12:26:23 AM
Please kindly share the name of the token, many deflationary tokens I knew are almost dead now due to lack of use case, investors are now smarter to avoid projects that have no real life use cases because in a very short time they will become worthless

A great example is $BNB, a solid project with a great number of supporters. Investing in deflationary tokens can benefit long term investors. Given that all fundamentals in the company's business remains constant, the token price will go up overtime due to regular token burns. Not looking at much the volatility, and looking at the historical data, $BNB has reached all time highs after every token burn.


Title: Re: Deflationary Tokens
Post by: Francis Freeman on November 05, 2020, 07:49:12 AM
Please kindly share the name of the token, many deflationary tokens I knew are almost dead now due to lack of use case, investors are now smarter to avoid projects that have no real life use cases because in a very short time they will become worthless

A great example is $BNB, a solid project with a great number of supporters. Investing in deflationary tokens can benefit long term investors. Given that all fundamentals in the company's business remains constant, the token price will go up overtime due to regular token burns. Not looking at much the volatility, and looking at the historical data, $BNB has reached all time highs after every token burn.

I feel that binance is one of the few exceptions of the deflationary token system working rather than the norm here . Too many projects are trying to lure in ok investors with the deflationary token mechanics without any base fundamentals.
Burning a token without any fundamentals is burning something which never existed.


Title: Re: Deflationary Tokens
Post by: baiwei on November 06, 2020, 12:56:57 PM
A deflationary token model, is one where tokens are removed from the market over time. The main benefit to models like these is that they prevent the market from being flooded with these excess tokens as more are mined, created, or sold off by the creators.


Title: Re: Deflationary Tokens
Post by: Apostlekin$$$ on November 06, 2020, 02:28:43 PM
Please kindly share the name of the token, many deflationary tokens I knew are almost dead now due to lack of use case, investors are now smarter to avoid projects that have no real life use cases because in a very short time they will become worthless

A great example is $BNB, a solid project with a great number of supporters. Investing in deflationary tokens can benefit long term investors. Given that all fundamentals in the company's business remains constant, the token price will go up overtime due to regular token burns. Not looking at much the volatility, and looking at the historical data, $BNB has reached all time highs after every token burn.
Hm I'm kinda confused and I need some answers, is burning tokens by sending tokens to unknown contract address the same with deflationary tokens? How is bnb token a deflation token? If I could remember deflation tokens shrinks in supply as investors send and receive the deflation tokens, bnb token don't work this way


Title: Re: Deflationary Tokens
Post by: Apostlekin$$$ on November 06, 2020, 02:30:14 PM
The problem with many deflation tokens is lack of use cases, 99© of deflation projects offers the deflationary ability only, nothin more or less, till date I find it hard to trust any deflation tokens and the few I gathered through airdrop hunting are all dead


Title: Re: Deflationary Tokens
Post by: KngrKhna on November 07, 2020, 07:30:18 PM
In my opinion you dont need solid use cases in order to gain success there are many coins with just one core functionality and they are getting success, biggest example is BTC. I have some space for these deflationary tokens in my portfolio since I feel there price will go up in days to come.


Title: Re: Deflationary Tokens
Post by: SerbSerc on November 09, 2020, 06:14:06 PM
The problem with many deflation tokens is lack of use cases, 99© of deflation projects offers the deflationary ability only, nothin more or less, till date I find it hard to trust any deflation tokens and the few I gathered through airdrop hunting are all dead

That's very much true. If these deflationary tokens want to hit the dance floor then they must bring some real world use cases. Only BTC as payment system has so far is able to get success rest alt coins have to come up with some use cases.


Title: Re: Deflationary Tokens
Post by: wtr1133 on November 11, 2020, 07:18:47 PM
the idea is just an experiment that carried some hype and people enjoyed the ride, but in the real sense of it, such idea idea wont work for a good cryptocurrency worthy of investing into. the hype didnt last long because it wasnt mean to have real value

Many coins in crypto world have gone to moon because of hype, we have to be in the coin before that hype whether its deflationary or any other coin. Otherwise we will be just an analyzer in the whole crypto trading.


Title: Re: Deflationary Tokens
Post by: langoot on November 14, 2020, 04:36:57 PM
Despite no use case if you see volume of these deflationary coins then its evident that someone is silently investing in these tokens. There price is down and its best to buy right now if you have faith in these coins.


Title: Re: Deflationary Tokens
Post by: jimjam1 on November 18, 2020, 06:16:44 PM
Those who look for shortcuts in investments usually end up in loss. In crypto you have to buy coin on time and hodl, wait for right time to sell. Deflationary coins are in initial stages n price is very low. If you are interested in this coin then buy it now.


Title: Re: Deflationary Tokens
Post by: uneng on November 18, 2020, 11:05:48 PM
Interesting concept, but it doesn't make sense for me. Why would anyone use a finite currency?
To have a limited supply like bitcoin it's ok, but to have a decreasing supply it's another story and I think that doesn't work on practice. Furthermore it's not an enough feature to be presented by a crypto currency to show importance in the market. I believe an altcoin needs much more than a deflationary characteristic to be desired by investors.

However, as boom token (first self burning crypto currency) says, it's just a social experiment yet. In the future this concept can be improved and better elaborated allied to other features which can result in a creative and innovative crypto currency.


Title: Re: Deflationary Tokens
Post by: DarkDays on November 18, 2020, 11:34:47 PM
Please kindly share the name of the token, many deflationary tokens I knew are almost dead now due to lack of use case, investors are now smarter to avoid projects that have no real life use cases because in a very short time they will become worthless

A great example is $BNB, a solid project with a great number of supporters. Investing in deflationary tokens can benefit long term investors. Given that all fundamentals in the company's business remains constant, the token price will go up overtime due to regular token burns. Not looking at much the volatility, and looking at the historical data, $BNB has reached all time highs after every token burn.

I feel that binance is one of the few exceptions of the deflationary token system working rather than the norm here . Too many projects are trying to lure in ok investors with the deflationary token mechanics without any base fundamentals.
Burning a token without any fundamentals is burning something which never existed.

Token burning without a fundamental is exactly the issue here. Because this in reality doesn't shorten the supply the expected value driven by a round of token burning would not bring a long-term inflationary token price. If anything this will only be temporarily.

It seems to me that most project nowadays add this feature just to keep up with the trend and reap the short-term benefits this might bring, but not really projecting the real value a true token burn can entail, and this means that some investors lose big time, not to mention the deteriorated trust in the crypto system the project was built on.


Title: Re: Deflationary Tokens
Post by: erikoy on November 18, 2020, 11:45:42 PM
Those who look for shortcuts in investments usually end up in loss. In crypto you have to buy coin on time and hodl, wait for right time to sell. Deflationary coins are in initial stages n price is very low. If you are interested in this coin then buy it now.
Yes, the greedy people that can't wait any good things about their invested are always end up losing their money. Well, it is also a lesson for them to learn and that is the good thing about life. Losses should not stop us from learning about investment. Losses is part of it that can make you succeed.

Most altcoins are deflationary and if it happens that you can join or had an altcoin to which now currently grows then you are good. Chainlink is one of the altcoins that keeps growing up to the present.


Title: Re: Deflationary Tokens
Post by: Toobusy on November 21, 2020, 04:20:10 AM
The supply wont go to zero in a day or two just like last bitcoin will be mined in 2140, BOOM supply will degrade to notable level after 40 to 50 years. Lets leave that to generation of that time.


Title: Re: Deflationary Tokens
Post by: shoreno on November 21, 2020, 04:45:54 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
Every project created with a purpose, so if you want to know exactly about the purpose of a coin, you should learn it on their website and whitepaper.
Are they worthy enough to be invested? I don't know what kind of coin that do you mean, but the first thing about the investment you should learn it by yourself, if you think untrustworthy, so skip it
he mean those coins that have the ability to burn themselves upon a transaction is triggered . i just heard on them lately , the one that i remember is boom coin but i didnt dive deep on to this coin because im not that really interested on altcoins and tokens . if these kind of coins are self burning or deflationary is that means that they can grow in price easily ? this attracts greedy people that thinks of easy money and this can be the secondary purpose of those coins ( to money grab ) if theres no primary use or purpose on why they are produce


Title: Re: Deflationary Tokens
Post by: Toobusy on November 24, 2020, 03:58:18 PM
Just like alt coins are waiting for there seasons, these deflationary coins are also waiting for there season to arrive. Right now there prices are down and good for buying. problem with new investors is that we dont buy when prices are low rather buy when prices go too high.


Title: Re: Deflationary Tokens
Post by: vivabux on November 24, 2020, 05:00:48 PM
Just like alt coins are waiting for there seasons, these deflationary coins are also waiting for there season to arrive. Right now there prices are down and good for buying. problem with new investors is that we dont buy when prices are low rather buy when prices go too high.
es, they just perverted over coins, they do it for any color and taste, everyone that only likes to lure people with some new idea, binance burns its tokens, if you want something like that, buy them


Title: Re: Deflationary Tokens
Post by: WinterCns on November 25, 2020, 06:03:01 PM
Just like alt coins are waiting for there seasons, these deflationary coins are also waiting for there season to arrive. Right now there prices are down and good for buying. problem with new investors is that we dont buy when prices are low rather buy when prices go too high.
es, they just perverted over coins, they do it for any color and taste, everyone that only likes to lure people with some new idea, binance burns its tokens, if you want something like that, buy them

Binance is no doubt a good coin thats worthy to be invested. But at the same its better to build a diverse portfolio that have multiple coins. You never now when these deflationary coins start going up. Invest few amount in them also.


Title: Re: Deflationary Tokens
Post by: chitchat on November 26, 2020, 05:48:06 PM
Its too early to say whether deflationary coins are gem or not. Right now there are huge queries regarding this concept and the team should answer all such queries as soon as possible to attract investment. else this will just another alt coin with no future.


Title: Re: Deflationary Tokens
Post by: Galley on November 26, 2020, 06:54:41 PM
Only because of one feature of the coin, which consists of burning tokens for a transaction made, it is not worth appreciating as a good asset. What's the point of this if there is nothing more behind the product. I have not seen a single deflationary token that would be appreciated. Some pretty promises.


Title: Re: Deflationary Tokens
Post by: Gorosden on November 28, 2020, 07:28:53 AM
It's really a shame how deflation tokens faded away so fast, the use case never lasted for long, the kinda failure from STO projects too, some use cases are just not going to work in crypto space I guess, burning off tokens when making transactions sounds cool but not just a good reason to invest in such projects, not a good utility for a real asset.


Title: Re: Deflationary Tokens
Post by: chitchat on November 28, 2020, 05:05:12 PM
Going through the comments on this thread one point is very clear that people are interested in coins that have use cases along with payment system. I m sure deflationary token team is having an eye on whats posted here.


Title: Re: Deflationary Tokens
Post by: wtr1133 on November 29, 2020, 06:50:45 AM
The only thing missing in deflationary coin is a use case and I am sure as soon as we have a use case for these deflationary coins they will defiantly land on moon and nothing can stop that. Those who invest when coin is down are ultimate winners.


Title: Re: Deflationary Tokens
Post by: SamaBB on December 08, 2020, 06:35:02 PM
It's really a shame how deflation tokens faded away so fast, the use case never lasted for long, the kinda failure from STO projects too, some use cases are just not going to work in crypto space I guess, burning off tokens when making transactions sounds cool but not just a good reason to invest in such projects, not a good utility for a real asset.

If you see stats of deflationary coins like BOOM, one thing you will notice is the volatility. On one day the market volume is in million while on other day it is in thousands. If we carefully buy deflationary coins at dip, there is fare chance of getting good profit in short run. They are good for day trading.


Title: Re: Deflationary Tokens
Post by: dekhla on December 12, 2020, 05:10:26 PM
Its getting difficult day by day to pick alt coins, since there are thousands of alt coins in the market. Deflationary tokens are in there very initial stages and the supply is relatively high these days. As time passes there supply will go down and chances are that price will go up. DYOR before you jump into any coin. Its just my opinion.


Title: Re: Deflationary Tokens
Post by: floodsitu on December 14, 2020, 06:48:48 PM
They have got enough fame on different exchanges as coins who decreases in numbers with time. They now need to attach some real world use case with these tokens. Once we have this, it will surely be going to moon. 


Title: Re: Deflationary Tokens
Post by: UpBots on December 19, 2020, 06:52:03 PM
Crypto is bullish as never before but deflationary coins like BOOM are in mood of joining this bull run. May be in next bull run they may run with btc. Nonetheless its disappointing for BOOM holders that they wont be able to sell there tokens in this bullish season.


Title: Re: Deflationary Tokens
Post by: Ryushin on December 19, 2020, 06:54:37 PM
Deflationary tokens are complete jokes, they don't just works or should I say they don't just fit in? I thought this will work but so far all the projects that use deflation are not doing so well, maybe it's because they only based on the deflation use case? It's pretty hard to see a high quality project using deflation instead of inflation


Title: Re: Deflationary Tokens
Post by: Toobusy on December 21, 2020, 05:55:51 PM
Deflationary tokens are complete jokes, they don't just works or should I say they don't just fit in? I thought this will work but so far all the projects that use deflation are not doing so well, maybe it's because they only based on the deflation use case? It's pretty hard to see a high quality project using deflation instead of inflation

In crypto every new project is a joke until it meet success. Deflationary tokens are in there very initial stages and it will take some time before the team understand real challenge in taking crypto to mainstream adoption i.e. adding a real use case with the project.


Title: Re: Deflationary Tokens
Post by: zonefloor on December 21, 2020, 08:28:21 PM
Most of the new or existing cryptocurrencies are implementing this process. But investment should not be made in each of them. In my opinion, the team should be examined first. It should definitely be checked whether the team is creating a system to develop their platform and to use cryptocurrency. Many new cryptocurrencies are coming out, but most of them are garbage. Therefore, it is very important to use their platform already.


Title: Re: Deflationary Tokens
Post by: Toobusy on December 25, 2020, 04:05:01 PM
Most of the new or existing cryptocurrencies are implementing this process. But investment should not be made in each of them. In my opinion, the team should be examined first. It should definitely be checked whether the team is creating a system to develop their platform and to use cryptocurrency. Many new cryptocurrencies are coming out, but most of them are garbage. Therefore, it is very important to use their platform already.

Thats the core of investment strategy in crypto market i.e. DYOR before you jump into any of the coin. Most comments here about cryptos are based on just personal likeness and dis likeness. We dont have many oponions here that are based on true research.


Title: Re: Deflationary Tokens
Post by: anknok on December 26, 2020, 04:20:37 PM
Those who learn the art of buying at right time and HODLing wins every trade. These deflationary coins are in there very initial stages and thats the primary reason there prices are low. With time the dev team will learn what spice is missing to take them to moon. If you are buying deflationary coins right now, then forget them for 2 to 3 years.


Title: Re: Deflationary Tokens
Post by: FaucetKING on December 26, 2020, 04:25:54 PM
These are one of the top features that i like when talking about the new technologies. Their purpose is to reduce the number of the circulating coins/tokens which means that the initial circulating supply might be so high which influences on the price and might causes a growth decrease. Burning some sort of amount when a transaction is being confirmed will bring more investors because a lower circulating supply means a higher price in the future which is just going to make investor's hype grow day by day. It's good, that rule might not be always valid but that's the deal.


Title: Re: Deflationary Tokens
Post by: anknok on December 27, 2020, 05:03:29 PM
These are one of the top features that i like when talking about the new technologies. Their purpose is to reduce the number of the circulating coins/tokens which means that the initial circulating supply might be so high which influences on the price and might causes a growth decrease. Burning some sort of amount when a transaction is being confirmed will bring more investors because a lower circulating supply means a higher price in the future which is just going to make investor's hype grow day by day. It's good, that rule might not be always valid but that's the deal.

I agree with your point that initial circulating supply of coin may be so high that may lead to decrease in value. Burning this massive supply to create scarcity and that too within short span may achieve the goal i.e. increase in price with less supply.


Title: Re: Deflationary Tokens
Post by: floodsitu on December 30, 2020, 06:38:31 PM
These are one of the top features that i like when talking about the new technologies. Their purpose is to reduce the number of the circulating coins/tokens which means that the initial circulating supply might be so high which influences on the price and might causes a growth decrease. Burning some sort of amount when a transaction is being confirmed will bring more investors because a lower circulating supply means a higher price in the future which is just going to make investor's hype grow day by day. It's good, that rule might not be always valid but that's the deal.

I agree with your point that initial circulating supply of coin may be so high that may lead to decrease in value. Burning this massive supply to create scarcity and that too within short span may achieve the goal i.e. increase in price with less supply.

BOOM started with 1 Billion coins and now the circulating supply is 782 million coins. This means there are people who are using this coin and that's why over 200 million coins have been burned so far. In coming 3 to 4 years there circulating supply will decrease to significant level.


Title: Re: Deflationary Tokens
Post by: SerbSerc on December 31, 2020, 04:53:15 PM
The idea is not new but in crypto world its a new introduction. BTC has controlled inflation and investors inspired with this will love to invest in such tokens. There is a huge community who believe in investing in coins that go down in supply with time.


Title: Re: Deflationary Tokens
Post by: nesfe on January 02, 2021, 07:18:40 PM
Whenever we have a new project everyone fell crazy about new token and start buying it without doing any research on that project. This project need to be researched well before we start investing in it.


Title: Re: Deflationary Tokens
Post by: Alohadanc3 on January 02, 2021, 08:44:49 PM
This market is full of new and hyped coins every day. If you do some research you could find that icos are hyped one time then ieo comes the exchange coins are hyped one time. Deflationary tokens are the same. Suddenly people started to talk about it and then many decs started to launch this deflationary tokes. For few days it was in hype then people started to lose interest. And now nobody talk about this deflationary tokens. But if you thing that some of the best deft coin have future you can put your money on it.


Title: Re: Deflationary Tokens
Post by: anknok on January 03, 2021, 05:42:59 PM
This market is full of new and hyped coins every day. If you do some research you could find that icos are hyped one time then ieo comes the exchange coins are hyped one time. Deflationary tokens are the same. Suddenly people started to talk about it and then many decs started to launch this deflationary tokes. For few days it was in hype then people started to lose interest. And now nobody talk about this deflationary tokens. But if you thing that some of the best deft coin have future you can put your money on it.

Its mostly about investing at right time. Many invested in right time in IEO/ICOs and got the profit in time and quitted before the collapse of particular ICO/IEO. If you want to get benefit from volatile nature of crypto then you have to take risk, no pain no gain.


Title: Re: Deflationary Tokens
Post by: StateraGod on January 04, 2021, 01:33:58 AM
Has any of you heard about Statera? In Statera, deflation is used as mechanism to capture value to single token, which is designed to live inside a balancer liquidity pool. For better explanation, check out their medium or website.


Title: Re: Deflationary Tokens
Post by: XinZang on January 04, 2021, 04:35:05 PM
Has any of you heard about Statera? In Statera, deflation is used as mechanism to capture value to single token, which is designed to live inside a balancer liquidity pool. For better explanation, check out their medium or website.

There are many deflationary coins that are doing good both in terms of acquiring value as well as generating revenue. With passing time we are seeing more and more delf coins coming up.


Title: Re: Deflationary Tokens
Post by: jimjam1 on January 05, 2021, 06:49:56 PM
There is a huge debate about the fact that price can go down with decrease in supply. Even Bitcoin has inflation rate since its supply increase in time in controlled manner. The supply of deflationary tokens goes down in number and that's an innovative use case. Its a 50/50 chance that price can go up with decreasing time.


Title: Re: Deflationary Tokens
Post by: azadm1 on January 05, 2021, 07:06:00 PM
There is a huge debate about the fact that price can go down with decrease in supply. Even Bitcoin has inflation rate since its supply increase in time in controlled manner. The supply of deflationary tokens goes down in number and that's an innovative use case. Its a 50/50 chance that price can go up with decreasing time.

Nobody thought btc can climb to 34000$ but it touches that few days back and we have no idea where it will last. Just like that we cant predict when and what price these deflationary tokens will take in the long run.


Title: Re: Deflationary Tokens
Post by: Jamesdila1 on January 05, 2021, 09:26:54 PM
Is there opportunity to speculate on these tokens and make money off of some greater fool? Oh hell yeah.

Do I see any of these deflationary tokens doing long term good for the world and having some intrinsic value? Hell no


Title: Re: Deflationary Tokens
Post by: Alohadanc3 on January 16, 2021, 06:51:29 PM
Everyday there are lots of token release in this market. Not all of them are good or worth investing. And this market is full off hype. There was a time when exchange coins started to get hype and every exchange started come with a exchange token. Now a days are same thing happens with defi projects I am not saying all of them are bad or something. But not all of them are worth hyped. So be careful when you invest do some research on the specific projects. That's it.


Title: Re: Deflationary Tokens
Post by: ChinkoCharlie on January 25, 2021, 04:52:23 PM
Is there opportunity to speculate on these tokens and make money off of some greater fool? Oh hell yeah.

Do I see any of these deflationary tokens doing long term good for the world and having some intrinsic value? Hell no

We cant say that in crypto that if a particular category hasn't taken off yet then its future looks dark. There are many example where coins have gone from zero to hero and those who invested at right time got benefited.


Title: Re: Deflationary Tokens
Post by: Toobusy on January 27, 2021, 05:01:02 PM
Not all coins can withstand hype given to them in crypto market only few. Deflationary coins have got a little hype till data and they have to prove that they are worth investment in coming years. If they fail to make an impact now, then it will be difficult to capture there share.


Title: Re: Deflationary Tokens
Post by: UpBots on February 03, 2021, 02:42:51 PM
Has any of you heard about Statera? In Statera, deflation is used as mechanism to capture value to single token, which is designed to live inside a balancer liquidity pool. For better explanation, check out their medium or website.

STATERA is doing great as per stats on CMC. Its price is reasonably good and in next bull run price of STATERA may cross 1$. Its the right time to invest in STATERA and other deflationary coins as there market is silent and tsunami is yet to come.


Title: Re: Deflationary Tokens
Post by: SamaBB on February 03, 2021, 02:47:08 PM
Is there opportunity to speculate on these tokens and make money off of some greater fool? Oh hell yeah.

Do I see any of these deflationary tokens doing long term good for the world and having some intrinsic value? Hell no

Being deflationary token doesn't always mean that they can gain value thru time. Actually, most of them will be dead in few months. The dev team is just enticing users that its value will grow overtime. But if there will be no actual application in the market and just banking on price manipulation, then, there's no hope for this kind of project. There's should be tangible use in the market so that it will survive.

Deflationary is a concept that is altogether different from crypto tokens launched till date. I am still doing my research on the fact that can a token having only deflation at its core can survive in the crypto world and my conclusion is that its possible.


Title: Re: Deflationary Tokens
Post by: azadm1 on February 06, 2021, 05:49:53 PM
I fail to understand why deflationary tokens still are silent in current bull run. Almost all niche of tokens have gained momentum in this bull run but not deflationary tokens. Can someone highlight wts the reason behind that?


Title: Re: Deflationary Tokens
Post by: Anonymous193 on February 09, 2021, 07:42:46 PM
Investing in deflationary coins is very risky as it not very clear whether they will fly high or go abandon by there teams. On the other hand, no pain no gain. Those who take risk, get high return.


Title: Re: Deflationary Tokens
Post by: XinZang on February 11, 2021, 05:49:21 PM
Deflationary Tokens are in there very basic stages and while whole community is busy in buying BTC and associated alt coins very less attention is being paid to Deflationary Tokens till date. Thats why you wont see much activity in deflationary tokens.


Title: Re: Deflationary Tokens
Post by: janak3 on February 15, 2021, 06:53:19 PM
You dont need a heavy amount to invest in deflationary coins. They are mostly very cheap. It's time to take the risk or move on. Seeing the behaviour of crypto tokens, every cin has a day. Rest is your choice.


Title: Re: Deflationary Tokens
Post by: dekhla on February 25, 2021, 05:15:13 PM
There is fair chance of these coins going up and one can huge profit if deflationary goes up. Those who are willing to take risk right now will be benefited by the first massive jump of this category.


Title: Re: Deflationary Tokens
Post by: azadm1 on March 01, 2021, 04:09:08 PM
So basically these coins will go down in numbers with time and if everything went according to plan there is fare chance that these coins value will go up. Its a bet, whoever loves betting and willing to take risk can come and join this please.


Title: Re: Deflationary Tokens
Post by: pinko5 on March 01, 2021, 04:12:10 PM
So basically these coins will go down in numbers with time and if everything went according to plan there is fare chance that these coins value will go up. Its a bet, whoever loves betting and willing to take risk can come and join this please.

I don't think it about betting. If you play smartly even then you can win. The key for this is DYOR and DYOR. Dont pay much attention to what others are saying.


Title: Re: Deflationary Tokens
Post by: Fivestar4everMVP on March 01, 2021, 04:45:54 PM
I personally have come across many deflationary tokens or coins, they are actually good for innvestment cus the more transaction are done, the more the coins are burnt, the more the coins are burnt, the more the supply is reducing to create more scarcity, and the more scarce a coin is resulting from low supply, the more the price is likely to go up.
But it still surprises me that even as good as the above sounds, i havent really seen a successful project with deflationary token or coin, they all end up as pump and dump coins, and this is for those ive personally bought in the past, am still holding one that is called blaze defi, its just been like six or seven months and the project already looked like it been abandoned as theres no much activity in their telegram aNYMORE.


Title: Re: Deflationary Tokens
Post by: masulum on March 01, 2021, 06:13:33 PM
I personally have come across many deflationary tokens or coins, they are actually good for innvestment cus the more transaction are done, the more the coins are burnt, the more the coins are burnt, the more the supply is reducing to create more scarcity, and the more scarce a coin is resulting from low supply, the more the price is likely to go up.

-snip-

Indeed, almost all deflationary coins tend to pump & dump, because whales are easier to playing in market prices. Especially if they buy tokens during the pre-sale at a relatively cheaper price than at the time of listing. This will make them more flexible in carrying out their actions. I see that currently more deflationary tokens are adopted by projects using BSC. So, please be careful if anyone want to buy, because when ETH gas is expensive, BSC is the right choice for scammer to adopts.


Title: Re: Deflationary Tokens
Post by: paxmao on March 01, 2021, 06:31:58 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate.

Contrary to popular belief, deflationary coins and tokes are not due to diminshing emission, but rather to having a higher emission than demand. It is a concept that is frequently misunderstood.


Title: Re: Deflationary Tokens
Post by: pinko5 on March 02, 2021, 05:34:48 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate.

Contrary to popular belief, deflationary coins and tokes are not due to diminshing emission, but rather to having a higher emission than demand. It is a concept that is frequently misunderstood.

You are right. One need to understand this fact also. Initially the supply of deflationary coins are way more then demand. with time supply will go down creating scarcity. It will time though.


Title: Re: Deflationary Tokens
Post by: UpBots on March 02, 2021, 05:38:07 PM
I personally have come across many deflationary tokens or coins, they are actually good for innvestment cus the more transaction are done, the more the coins are burnt, the more the coins are burnt, the more the supply is reducing to create more scarcity, and the more scarce a coin is resulting from low supply, the more the price is likely to go up.
But it still surprises me that even as good as the above sounds, i havent really seen a successful project with deflationary token or coin, they all end up as pump and dump coins, and this is for those ive personally bought in the past, am still holding one that is called blaze defi, its just been like six or seven months and the project already looked like it been abandoned as theres no much activity in their telegram aNYMORE.

In crypto HODLers never loose. Buy at dip and HODL. There isn't much risk involved in current price. People HODL BTC for years and see its price from almost 0 to 50k in just 10 years. In HODLing we trust.


Title: Re: Deflationary Tokens
Post by: Fivestar4everMVP on March 02, 2021, 06:27:08 PM
I personally have come across many deflationary tokens or coins, they are actually good for innvestment cus the more transaction are done, the more the coins are burnt, the more the coins are burnt, the more the supply is reducing to create more scarcity, and the more scarce a coin is resulting from low supply, the more the price is likely to go up.
But it still surprises me that even as good as the above sounds, i havent really seen a successful project with deflationary token or coin, they all end up as pump and dump coins, and this is for those ive personally bought in the past, am still holding one that is called blaze defi, its just been like six or seven months and the project already looked like it been abandoned as theres no much activity in their telegram aNYMORE.

In crypto HODLers never loose. Buy at dip and HODL. There isn't much risk involved in current price. People HODL BTC for years and see its price from almost 0 to 50k in just 10 years. In HODLing we trust.
Sorry but I totally disagree with you mate, that crypto holders never loose depends on what you are holding, you can buy the dip of a good project or even buy at the top and still make good profit if you are patient enough, but if you unknowingly buy a shitcoin, and along the line, you discover the coin you invested in is a shitcoin, buy this time, there isn't anyone to sell to anymore cus no one is interested to buy, you end up with your that coin in your wallet forever with absolutely no value and no way to sell it even if it's for a peanut, this means you've lost your money, I've bought countless ICOs that ended up scam and I ended up loosing my money.


Title: Re: Deflationary Tokens
Post by: nesfe on March 10, 2021, 04:46:29 PM
Sorry but I totally disagree with you mate, that crypto holders never loose depends on what you are holding, you can buy the dip of a good project or even buy at the top and still make good profit if you are patient enough, but if you unknowingly buy a shitcoin, and along the line, you discover the coin you invested in is a shitcoin, buy this time, there isn't anyone to sell to anymore cus no one is interested to buy, you end up with your that coin in your wallet forever with absolutely no value and no way to sell it even if it's for a peanut, this means you've lost your money, I've bought countless ICOs that ended up scam and I ended up loosing my money.

Well how can we decide a project is good or bad? there are many projects with good use case and other stuff fail to make any impact. While once a shitcoin in 2010 is ruling the market. Every coin is a shit coin before it see its first bull run. You have to make your decision on time to catch the train.


Title: Re: Deflationary Tokens
Post by: dogtana on March 10, 2021, 05:07:08 PM
PundiX will decrease the supply divided by 1000!! Also request network burned 10.000 tokens yesterday.


Title: Re: Deflationary Tokens
Post by: pinko5 on March 13, 2021, 04:54:12 PM
PundiX will decrease the supply divided by 1000!! Also request network burned 10.000 tokens yesterday.

I dont think PundiX is deflationary or not but deflationary token main aim is to lessen the supply of tokens with time. This will create shortage of tokens in the market and rise in price of tokens over time.


Title: Re: Deflationary Tokens
Post by: Kitaiev on March 13, 2021, 05:13:32 PM
You have given too little background information. I'll start with the fact that it is better not to carry money to projects that have only some kind of idea. It is better to invest in those projects that will allow you to sleep well even if they lose 40% of your invested funds.


Title: Re: Deflationary Tokens
Post by: nesfe on March 18, 2021, 05:18:14 PM
In crypto, no pain no gain. If you want complete security of your investment then invest in some govt scheme where profit is fixed and risk is zero. If you prefer to join wild fire of crypto then be ready to take risk.


Title: Re: Deflationary Tokens
Post by: Om.monata on March 18, 2021, 05:23:40 PM
for me when we have joined and get profit quickly it is not a problem. but we have to be careful in being in the token, because it can end at any time without us knowing it. so even though it is at risk there will be a gap to get profit


Title: Re: Deflationary Tokens
Post by: KngrKhna on March 23, 2021, 06:24:44 AM
for me when we have joined and get profit quickly it is not a problem. but we have to be careful in being in the token, because it can end at any time without us knowing it. so even though it is at risk there will be a gap to get profit

supply of these deflationary wont go to zero over night, it will take years to be zero. We just need to buy when its at dip and sell when its bullish. dont stay in here forever.


Title: Re: Deflationary Tokens
Post by: XinZang on March 24, 2021, 03:34:37 PM
for me when we have joined and get profit quickly it is not a problem. but we have to be careful in being in the token, because it can end at any time without us knowing it. so even though it is at risk there will be a gap to get profit

supply of these deflationary wont go to zero over night, it will take years to be zero. We just need to buy when its at dip and sell when its bullish. dont stay in here forever.

This is a serious concern among investors that how long it will take to make take the supply to zero. If I am HODLer and I buy and came back after 1 year, wts the probability that coins will be there and not burned?


Title: Re: Deflationary Tokens
Post by: ChinkoCharlie on March 26, 2021, 04:01:48 PM
We are almost at the end of bull run (as far as I see). In current bull run we didn't saw deflationary coins going up. Primary reason may be the fact that they are very new and investors have invested money in coins that are already floating for many years.


Title: Re: Deflationary Tokens
Post by: TedBkgr on March 28, 2021, 03:11:04 PM
Deflationary Tokens are new in the crypto market, they came at a time when investors confidence was greatly shattered by scam ICOs. If these projects are real then it will take them a while to establish there credibility.


Title: Re: Deflationary Tokens
Post by: LUCKMCFLY on March 28, 2021, 04:52:08 PM
We are almost at the end of bull run (as far as I see). In current bull run we didn't saw deflationary coins going up. Primary reason may be the fact that they are very new and investors have invested money in coins that are already floating for many years.

Excuse me, what criteria do you take into account to say that we are at the end of the trend? The altcoin season has not started yet, this means that there is much to happen, I have not even seen all the altcoins in green or new projects that are in green, as it was in 2017, of course they are not currently met. conditions of that year, because now we are in a pandemic that has not yet happened and that even so there are vaccines in the world, new strains continue to come out, but bitcoin has reached almost $ 60k, and altcoins have not taken that trend that He has us used to it, some altcoins can reach x2 x3 x5 and still nothing, do you think that will not happen? what already happened?

 If the market falls it is very difficult for us to see the Altcoins season, so do you think we are in the bullish trend? or is it still missing? In my personal opinion, I think there is a long way to go for the bullish trend.


Title: Re: Deflationary Tokens
Post by: ChinkoCharlie on March 30, 2021, 05:27:02 PM
We are almost at the end of bull run (as far as I see). In current bull run we didn't saw deflationary coins going up. Primary reason may be the fact that they are very new and investors have invested money in coins that are already floating for many years.

Excuse me, what criteria do you take into account to say that we are at the end of the trend? The altcoin season has not started yet, this means that there is much to happen, I have not even seen all the altcoins in green or new projects that are in green, as it was in 2017, of course they are not currently met. conditions of that year, because now we are in a pandemic that has not yet happened and that even so there are vaccines in the world, new strains continue to come out, but bitcoin has reached almost $ 60k, and altcoins have not taken that trend that He has us used to it, some altcoins can reach x2 x3 x5 and still nothing, do you think that will not happen? what already happened?

 If the market falls it is very difficult for us to see the Altcoins season, so do you think we are in the bullish trend? or is it still missing? In my personal opinion, I think there is a long way to go for the bullish trend.

Sir being senior member I stand no way near your oponion. My humble suggestion is that when bitcoin fall to 51k, many like me thought that its end of bull run but it wasnt like that bitcoin came back strongly. Almost all strong altcoins have enjoyed this bull run and I dont think those in red will turn green.


Title: Re: Deflationary Tokens
Post by: ddal3 on April 01, 2021, 04:19:15 PM
The only thing that's worrying abut deflationary coins is the fact that coins in wallet that are sleeping will also be burned with time or not? Secondly is there any date that specifies the end of supply?


Title: Re: Deflationary Tokens
Post by: sunny28 on April 01, 2021, 07:27:25 PM
There are a lot of such tokens on the market, but this does not ensure that the price of the coin will constantly grow-no.

I saw a lot of examples when people simply weren't interested in the coin, even though it had a diinflationary effect on the market.

And so Bitcoin is a great deinflationary product)


Title: Re: Deflationary Tokens
Post by: Cappex on April 01, 2021, 07:33:53 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
I believe that many of these are born for speculative purposes and therefore I advise you to be careful, it is also true that I have read something about it in anticipation of ETH2... I don't know but I don't like the idea.


Title: Re: Deflationary Tokens
Post by: ddal3 on April 02, 2021, 04:52:58 PM
There are a lot of such tokens on the market, but this does not ensure that the price of the coin will constantly grow-no.

I saw a lot of examples when people simply weren't interested in the coin, even though it had a diinflationary effect on the market.

And so Bitcoin is a great deinflationary product)

Whether a coin will go up or not is very hard rather impossible to predict. The biggest example of this is bitcoin.
Bitcoin is not deflationary coin rather it has controlled inflation.


Title: Re: Deflationary Tokens
Post by: ChinkoCharlie on April 04, 2021, 04:58:46 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
I believe that many of these are born for speculative purposes and therefore I advise you to be careful, it is also true that I have read something about it in anticipation of ETH2... I don't know but I don't like the idea.

We need to be well aware of every coin we invest in crypto doman. DYOR and then invest in project of your choice. AFAIK, deflationary cons are new and well take some time. They will defiantly go up, we just need to be patient for that.


Title: Re: Deflationary Tokens
Post by: azadm1 on April 05, 2021, 04:33:54 PM
If you see history of deflationary coins then its evident that they have bullish season in the past they have enjoyed there first flight. Lets not underestimate these coins and have faith in them.


Title: Re: Deflationary Tokens
Post by: langoot on April 06, 2021, 05:15:51 PM
There is very little activity going in deflationary coins that's because investors are busy with BTC and top altcoins. Who is gathering deflationary coins at current cheap rates.


Title: Re: Deflationary Tokens
Post by: KngrKhna on April 07, 2021, 05:45:32 PM
I dont know much about this token but I like the idea as its new and innovative. Not many will agree with this idea but there are many who like this concept. Give some time to deflationary tokens just like we gave to other tokens.


Title: Re: Deflationary Tokens
Post by: Toobusy on April 08, 2021, 05:38:06 AM
Stop looking price of deflationary coins on daily basis. It a normal thing that coins goes in hibernation period for years before waking up and touching moon. Just keep calm and buy deflationary coins at discount rates.


Title: Re: Deflationary Tokens
Post by: galestorm on April 08, 2021, 03:04:29 PM
The creation of deflationary tokens is to prevent the market from being flooded with excess tokens as more are mined, created, or sold off by the creators. Is it worth it to invest in? No. The reason why is because projects with deflationary tokens has no clear end goal. Most deflationary token projects aren’t running ICOs, instead, they seem to be running airdrops and referral schemes.


Title: Re: Deflationary Tokens
Post by: SerbSerc on April 15, 2021, 04:47:32 PM
Deflationary coins start with huge supply to zero. The idea is very much inverse of bitcoin controlled inflation in which specific no of tokens will be generated till 2140. Whether this project will succeed or not its too early to say about that. There prices are down which makes them good for buying for long term HODLing.


Title: Re: Deflationary Tokens
Post by: dekhla on April 18, 2021, 10:38:12 AM
Deflationary tokens still haven't got the popularity till date which they deserve. but that doesn't mean game is over for deflationary token. Give this token some time and I can safely say that they will go to moon in coming days. Just wait and HODL.


Title: Re: Deflationary Tokens
Post by: Lizzylove1 on April 18, 2021, 08:30:25 PM
These coins are majorly experimental tokens. Bomb was famous for this then. These days some BSC tokens that are majorly Meme are deflamatory tokens with burn rates. Safemoon, Safemars and the rest.


Title: Re: Deflationary Tokens
Post by: masulum on April 18, 2021, 09:28:14 PM
These coins are majorly experimental tokens. Bomb was famous for this then. These days some BSC tokens that are majorly Meme are deflamatory tokens with burn rates. Safemoon, Safemars and the rest.

Yes, these coins are the ones that are successful on the BSC network, but you also need to know, be careful about arbitrage exchanges. There are those who complain that they are not profitable even though there is a considerable price difference between AMM and CEX, buy Safemoon from pancakes and sell them at Bitmart, besides losing tokens due to burn during transfer (tx tax), the trading fee for Safemoon is quite large, trader need to pay around $200 of all traded assets, valued at $ 2000


Title: Re: Deflationary Tokens
Post by: jacafbiz on April 18, 2021, 09:35:45 PM
I am not supporting of the idea deflation, it is bad for economy, people talk about deflation as if it is a good thing, Inflation is good but the rate just need to be relative to the rate of growth of the economy and also people talk about Bitcoin as if it is a deflated coin NO, BTC has inflation it is just that people understand the issuance rate and it is factor into the price that is why we see these fluctuation in prices over time.


Title: Re: Deflationary Tokens
Post by: ChinkoCharlie on April 19, 2021, 07:39:47 PM
The beauty of crypto is that it accept every coin with open arms. Now its upto deflationary coin team to do changes that are demanded by the investors by this way only deflationary can go up. Anyone from dev team of deflationary reading this?


Title: Re: Deflationary Tokens
Post by: SerbSerc on April 25, 2021, 06:00:48 PM
I am not supporting of the idea deflation, it is bad for economy, people talk about deflation as if it is a good thing, Inflation is good but the rate just need to be relative to the rate of growth of the economy and also people talk about Bitcoin as if it is a deflated coin NO, BTC has inflation it is just that people understand the issuance rate and it is factor into the price that is why we see these fluctuation in prices over time.

Inflation like in fiat is not a good thing. Anything controlling inflation is a positive thing. See the pioneer of crypto i.e.BTC it has controlled inflation but with time its getting popularity. Same with deflation tokens, they may go up in price with time.


Title: Re: Deflationary Tokens
Post by: XinZang on April 26, 2021, 05:43:50 PM
The deflationary model will get a boost when we see a significant drop in its supply but till date the deflationary tokens should keep breathing and refuse to die. Those surviving till supply drop to a significant level will be ultimate winner.


Title: Re: Deflationary Tokens
Post by: anknok on May 01, 2021, 06:34:08 PM
The deflationary model will get a boost when we see a significant drop in its supply but till date the deflationary tokens should keep breathing and refuse to die. Those surviving till supply drop to a significant level will be ultimate winner.

Yes thats true and its important that deflationary tokens doesnt lose ground till the time there is significant drop in there supply. If they lose ground before supply drop occurs then it wont go up. 


Title: Re: Deflationary Tokens
Post by: SistaFista on May 02, 2021, 07:02:27 AM
These coins are majorly experimental tokens. Bomb was famous for this then. These days some BSC tokens that are majorly Meme are deflamatory tokens with burn rates. Safemoon, Safemars and the rest.

Yeah, now we can find tons of deflationary tokens in Binance smart chain, thanks to meme token hypes.
It is good, as long as the token has some purposes and use cases.
The problem is, many people buy the token just for hoping some pumps in 1 day so they can sell it higher.


Title: Re: Deflationary Tokens
Post by: WatChe on May 02, 2021, 05:39:23 PM
Only those coin will survive that have team and community backing. Deflationary token teams should work not only on fixinf bugs and exchnage listing but also on invest in developing confidence of people.


Title: Re: Token giảm phát
Post by: noorammak on May 02, 2021, 06:21:56 PM
The purpose of deflation tokens is to create scarcity for the token and maintain value for the project. Such projects are usually DEFI projects.
The above projects are getting more and more frequent because duplication of the source code of previous projects occurs more often. Projects that survive and increase their value are projects of quality, continuous innovation, and strong communities.


Title: Re: Token giảm phát
Post by: ChpCms on May 03, 2021, 07:58:48 PM
The purpose of deflation tokens is to create scarcity for the token and maintain value for the project. Such projects are usually DEFI projects.
The above projects are getting more and more frequent because duplication of the source code of previous projects occurs more often. Projects that survive and increase their value are projects of quality, continuous innovation, and strong communities.


I think you are mixing deflationary with DEFI, they both AFAIK are different things. They are relatively new to the market and aim of deflationary coin is solely to decrease the supply to coins with time. Lets see what impact they made in coming days. Wake me up for there next bull run.


Title: Re: Deflationary Tokens
Post by: jimjam1 on May 05, 2021, 07:29:13 PM
it started like a play band the became serious but there was no purpose for it when it was created, its just mainly for the purpose of experiment. and then everything died down when it now started being used as scam.

There are many deflationary tokens that are doing good and are still very active. In crypto whenever something cool pops up, we see lots of such projects. Only few survive the wild fire of crypto rest died, same happened with deflationary. You can still find many active deflationary tokens.


Title: Re: Deflationary Tokens
Post by: WinterCns on May 06, 2021, 07:42:43 PM
Deflationary tokens have one use case i.e. good to create price volatility. With time as supply of coin will go down we will see swing in price of coin. That will defiantly take some time but will happen at least once.


Title: Re: Deflationary Tokens
Post by: kenelmark on May 06, 2021, 08:06:13 PM
Deflationary tokens have one use case i.e. good to create price volatility. With time as supply of coin will go down we will see swing in price of coin. That will defiantly take some time but will happen at least once.
Can you provide an example of such a case with any token? because I myself also very rarely find such things at this time and also in the past, so I need an example so that I can understand it more clearly.


Title: Re: Deflationary Tokens
Post by: WinterCns on May 09, 2021, 05:27:38 PM
Deflationary tokens have one use case i.e. good to create price volatility. With time as supply of coin will go down we will see swing in price of coin. That will defiantly take some time but will happen at least once.
Can you provide an example of such a case with any token? because I myself also very rarely find such things at this time and also in the past, so I need an example so that I can understand it more clearly.

Biggest example is bitcoin which started its journey from 0$ and has controlled inflation. Its current price is mainly because of controlled supply and huge community behind the project. If there is no single example that doest mean that no new coin can perform.


Title: Re: Deflationary Tokens
Post by: forexandcryptoauditor on May 09, 2021, 05:47:01 PM
The basic idea behind having Deflationary model is to keep supply controlled so that demand is increased. This in turn, increased the price of the token. But in recent projects its been observed that totally supply is in billions. Are all the coins are in market? I mean will there be any effect burning tokens with this huge supply?
 So it's worthless.
Having said so BTC has shown it a success and every year we see the result within halving event.


Title: Re: Deflationary Tokens
Post by: olabiyijummy02 on May 09, 2021, 06:17:50 PM
What I don't understand is some project that perform pointless token burns for example "Base Protocol" this is a project that I invested in and after a few weeks of listing, they perform  token burns occasionally. I just find out that the tokens my wallet kept reducing and the team said they were doing some token burns which is pointless my opinion because this is not increasing the value of the tokens and it is not increasing my stake in the project.
I believe if it token burns is to be effective, it should be done on tokens are yet to be mined reducing the total circulating supply and not the tokens that are already owned by investors


Title: Re: Deflationary Tokens
Post by: kenelmark on May 09, 2021, 06:24:05 PM
Biggest example is bitcoin which started its journey from 0$ and has controlled inflation. Its current price is mainly because of controlled supply and huge community behind the project. If there is no single example that doest mean that no new coin can perform.
Yes, that is true, because basically all new Altcoins always see examples in Bitcoin because he was the first to be born into cryptocurrency so that he has become the king of coins in cryptocurrency from the past to the present.


Title: Re: Deflationary Tokens
Post by: WinterCns on May 10, 2021, 07:36:32 PM
Biggest example is bitcoin which started its journey from 0$ and has controlled inflation. Its current price is mainly because of controlled supply and huge community behind the project. If there is no single example that doest mean that no new coin can perform.
Yes, that is true, because basically all new Altcoins always see examples in Bitcoin because he was the first to be born into cryptocurrency so that he has become the king of coins in cryptocurrency from the past to the present.

And there are many examples of alt coins that have performed well. We cant keep on saying whether a coin can perform or not based on our personal judgement.


Title: Re: Deflationary Tokens
Post by: kak uli on May 10, 2021, 10:51:04 PM
If it refers to the actual definition of deflation then I think if the deflation level of a token is high it means that it is necessary to avoid it and do not invest in it, the reason is because it will have a negative impact on your investment or assets in the future.


Title: Re: Deflationary Tokens
Post by: WinterCns on May 11, 2021, 06:40:11 PM
Those who have invested in BOOM 4 to 5 days back, got 400% up in there investment. What else do you want from a coin? Its now among top 1000 cryptos at CMC. Way more to go BOOM.   


Title: Re: Deflationary Tokens
Post by: Adreman23 on May 11, 2021, 07:18:57 PM
Deflation is the process to decrease the supply and this is the opposite of inflation which increases the supply of tokens. Token burning or deflation IMO is the way to attract investors to hold their token because they  think that when supply decreases and when demand increases the price of the token will also increase exponentially. But it's even better if the token has other usecases in real world, not just deflationary token.


Title: Re: Deflationary Tokens
Post by: kenelmark on May 12, 2021, 09:02:38 AM
And there are many examples of alt coins that have performed well. We cant keep on saying whether a coin can perform or not based on our personal judgement.
That won't be a problem for anyone, but you can definitely tell which coin is currently performing really well,
so that everyone can make their own research on each Altcoin.


Title: Re: Deflationary Tokens
Post by: WinterCns on May 12, 2021, 11:04:22 AM
And there are many examples of alt coins that have performed well. We cant keep on saying whether a coin can perform or not based on our personal judgement.
That won't be a problem for anyone, but you can definitely tell which coin is currently performing really well,
so that everyone can make their own research on each Altcoin.

In my opinion BOOM is the one that is performing exceptionally well. Gone up by 400% and still going up. It was already listed on too many exchanges and was attracting decent volume for many months. Any legitimate project with clear use cases can go up.


Title: Re: Deflationary Tokens
Post by: SeaSoul on May 12, 2021, 11:33:30 AM
If a coin is purely deflationary you will later on run into trouble regarding the functionality of the economics. Nobody will use it to transact because holding and only holding is the holy grail. If that is the case and everyone's best decision is to hold, who is going to use it and for what? You need to have a way out for that problem unless you don't care and just try to sell first.


Title: Re: Deflationary Tokens
Post by: laredo7mm on May 12, 2021, 01:37:23 PM
If a coin is purely deflationary you will later on run into trouble regarding the functionality of the economics. Nobody will use it to transact because holding and only holding is the holy grail. If that is the case and everyone's best decision is to hold, who is going to use it and for what? You need to have a way out for that problem unless you don't care and just try to sell first.

Some people think that burning some percent of coins from every transaction will add value to their coin because supply is reducing. But think like an investor's perspective. Will you invest such a coin where you will lose money in every transaction? what are the benefits of it in long term. If a project thinks that it has too much coin in circulation then it needed then just burn some of it. Why investors will do that by burning their own money!


Title: Re: Deflationary Tokens
Post by: Galley on May 12, 2021, 03:00:46 PM
It seems to me that such coins have no future. What is their point if they are burned with each transaction? Will everyone keeps them? And what are they for then, if they will not work. These are not works of art that have been gaining value over the centuries.


Title: Re: Deflationary Tokens
Post by: Looper_U on May 12, 2021, 04:11:02 PM
Most deflationary tokens and coins are complete nonsense, we've seen too many examples of failed deflationary tokens because all they have to offer is claiming scarcity due to burn off of tokens supply whenever transactions are been made on the blockchain, this is a whacked use case honestly


Title: Re: Deflationary Tokens
Post by: XinZang on May 13, 2021, 07:37:58 PM
In crypto no pain, no gain. The irony is that while we keep on discussing coins they take on there biggest bull run. Same happened with BOOM (a deflationary token), it was a dead coin, shit coin  bla bla but it jumped 400% up in one day. Giving highest return to its hodlers.


Title: Re: Deflationary Tokens
Post by: WinterCns on May 13, 2021, 07:43:29 PM
If a coin is purely deflationary you will later on run into trouble regarding the functionality of the economics. Nobody will use it to transact because holding and only holding is the holy grail. If that is the case and everyone's best decision is to hold, who is going to use it and for what? You need to have a way out for that problem unless you don't care and just try to sell first.

Bitcoin till date is mostly seen as an asset of investment rather then something we can use for daily living. BTC didnt reached at current spot straight away rather took years. deflationary concept is new and will took sometime to be accepted, though I am surprised to see its bullish trend.


Title: Re: Deflationary Tokens
Post by: kenelmark on May 17, 2021, 01:39:53 AM
In my opinion BOOM is the one that is performing exceptionally well. Gone up by 400% and still going up. It was already listed on too many exchanges and was attracting decent volume for many months. Any legitimate project with clear use cases can go up.


BOOM is ranked 977 and it is almost close to 1000, how can that be good, even though it has been pumped up to $ 0.01934, but that price is only temporary, and those who buy at that price, now they are already experiencing losses even though it is not deep a very large number, and one more thing that the volume of BOOM tokens on the MXC.com exchange is still very low and on the other exchange (AEX) is still in the question mark category, so how can you say that kind of token is good? ;D ;D


Title: Re: Deflationary Tokens
Post by: SeaSoul on May 23, 2021, 11:58:32 PM
Deflationariy tokens will have their place especially in times where w are looking at potential inflation numbers that can almost be as high as they never have been before. Or maybe not as high as we have seen in the past, but definitely inflation numbers that could be close to historical highs.


Title: Re: Deflationary Tokens
Post by: terrific on May 24, 2021, 08:23:50 AM
They are worthy to invest but you need to DYOR for it.
The signs could be good as easy to find like those tokens or coins that have a consistent burning of supply.
It's lessening the supply in the circulation which will dramatically increase the demand and as well as making it to become scarce.


Title: Re: Deflationary Tokens
Post by: MgoSgo on June 06, 2021, 04:10:25 PM
They are worthy to invest but you need to DYOR for it.
The signs could be good as easy to find like those tokens or coins that have a consistent burning of supply.
It's lessening the supply in the circulation which will dramatically increase the demand and as well as making it to become scarce.

As a senior member will you accumulate these coins that are always going down in supply? I regret not buying deflationary coins before this bullish season and I think now the party is over or we have to wait for next bull season to arrive.


Title: Re: Deflationary Tokens
Post by: Kehindem on June 06, 2021, 08:30:15 PM
This are token that are used to increase value of a project token, but most time they are burn, but I don't really like, one need to invest in it.


Title: Re: Deflationary Tokens
Post by: RankerCan on June 10, 2021, 06:42:48 PM
Deflationariy tokens will have their place especially in times where w are looking at potential inflation numbers that can almost be as high as they never have been before. Or maybe not as high as we have seen in the past, but definitely inflation numbers that could be close to historical highs.

Deflationary coins start with maximum supply and they will go down in numbers after few years. We need to buy them now and wait with patience if we really trust these tokens.


Title: Re: Deflationary Tokens
Post by: DrBeer on June 27, 2021, 08:18:43 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

As for me, a rather specific concept. If you do not touch on some other "features", a key feature, it is also a disadvantage - a decrease in the money supply, which, with a noticeable volume of "burned" tokens, can lead to a forced increase in the price of objects that are sold for this cryptocurrency, due to immutability (and possibly and growth) mouth guard, and a decrease in available funds.


Title: Re: Deflationary Tokens
Post by: azadm1 on June 30, 2021, 05:11:17 PM
These coins may be good for one time spike but in the long run will they survive like other successful altcoins? They don't have any use case other then just burning the tokens in every transaction.


Title: Re: Deflationary Tokens
Post by: ChinkoCharlie on July 01, 2021, 05:21:55 PM
These coins may be good for one time spike but in the long run will they survive like other successful altcoins? They don't have any use case other then just burning the tokens in every transaction.

This use case dilemma has refrained many from investing into many useful coins. Use your own brain to see whether a coin is worthy to be invested or not. There are many factors that make a coin eligible for investment apart from use cases.


Title: Re: Deflationary Tokens
Post by: Billo_ on July 01, 2021, 11:27:28 PM
My best deflationary tokens are Bitcoin (limited to 21 Million) and Avalanche (limited to 720 Million).
Bitcoin is known as digital gold and will be very popular at America.
Avalanche has a great technology and will be very polular at DeFi.


Title: Re: Deflationary Tokens
Post by: XinZang on July 05, 2021, 05:22:42 PM
My best deflationary tokens are Bitcoin (limited to 21 Million) and Avalanche (limited to 720 Million).
Bitcoin is known as digital gold and will be very popular at America.
Avalanche has a great technology and will be very polular at DeFi.

bitcoin is not deflationary rather it has controlled inflation policy. If you are building a portfolio then its good to add some deflationary token in your portfolio.


Title: Re: Deflationary Tokens
Post by: Camelcoin on July 06, 2021, 04:36:33 PM
Deflationary coins are catching up at quite good pace. Lets see how long they will take to come to main line coins, I am very much sure they will join the party very soon.


Title: Re: Deflationary Tokens
Post by: Jaered on July 06, 2021, 06:08:17 PM
I know one, 100x coin. Its not doing body and its owned by a doxxed crypto KOL. So everything seems legit and above board


Title: Re: Deflationary Tokens
Post by: pritchathenexttrader on July 07, 2021, 03:27:32 PM
I know one, 100x coin. Its not doing body and its owned by a doxxed crypto KOL. So everything seems legit and above board

100x coin with price of $0.00000001634. Its nothing but just a shit coin. Try some decent coin to get some good return in near future. Dont go after cheap coins.


Title: Re: Deflationary Tokens
Post by: Xinarae* on July 07, 2021, 03:34:12 PM
I know one, 100x coin. Its not doing body and its owned by a doxxed crypto KOL. So everything seems legit and above board

100x coin with price of $0.00000001634. Its nothing but just a shit coin. Try some decent coin to get some good return in near future. Dont go after cheap coins.
The demand for these currencies in the market is very low and it is very difficult to predict their future so no one can guarantee how valid the investment is. That is why it is better to stay away from these coins you can choose from 10 currencies at the top of the list.


Title: Re: Deflationary Tokens
Post by: typerex987 on July 07, 2021, 03:57:17 PM
i took a look at DEED's tokenomics (deedy.digital) and it seems to me they will make a moonshot in the future. it goes without saying that no one knows for sure, but personally, looks veeery promising.


Title: Re: Deflationary Tokens
Post by: Coroline on July 07, 2021, 06:48:31 PM
My best deflationary tokens are Bitcoin (limited to 21 Million) and Avalanche (limited to 720 Million).
Bitcoin is known as digital gold and will be very popular at America.
Avalanche has a great technology and will be very polular at DeFi.

bitcoin is not deflationary rather it has controlled inflation policy. If you are building a portfolio then its good to add some deflationary token in your portfolio.
Bitcoin is different, in that its supply is limited. Indeed it causes monetary deflation, but the impact is predictable through a blockchain that displays all data from start to finish and in realtime, open and transparent. Prices of goods and services in the “Bitcoin economy” will naturally fall due to competition and innovation.

A deflationary spiral will not occur, because Bitcoin does not come from issuing new debt. Even the “interest/return” rate will adjust, until a balance is reached. This has already happened when gold was the standard of world currency exchange rates. Prices of goods and services fluctuate according to demand, without artificially increasing or decreasing the money supply by the central bank.


Title: Re: Deflationary Tokens
Post by: langoot on July 08, 2021, 04:42:55 PM

The demand for these currencies in the market is very low and it is very difficult to predict their future so no one can guarantee how valid the investment is. That is why it is better to stay away from these coins you can choose from 10 currencies at the top of the list.

If you have some extra cash then its better to invest this coin in some good deflationary coins like BOOM. It has very recently jumped 400% in one single day. Its just my opinion.


Title: Re: Deflationary Tokens
Post by: SamaBB on July 09, 2021, 04:53:20 PM
Bitcoin is different, in that its supply is limited. Indeed it causes monetary deflation, but the impact is predictable through a blockchain that displays all data from start to finish and in realtime, open and transparent. Prices of goods and services in the “Bitcoin economy” will naturally fall due to competition and innovation.

A deflationary spiral will not occur, because Bitcoin does not come from issuing new debt. Even the “interest/return” rate will adjust, until a balance is reached. This has already happened when gold was the standard of world currency exchange rates. Prices of goods and services fluctuate according to demand, without artificially increasing or decreasing the money supply by the central bank.

bitcoin is the king of crypto, no coin till date has come even closer to that. deflationary coins have there own importance and can be considered for investment. Right now they are down and can be added to list for future consideration.


Title: Re: Deflationary Tokens
Post by: FinneysTrueVision on July 09, 2021, 06:24:02 PM
Most new tokens have implemented similar deflationary mechanisms. They start out with a huge supply that gets gradually decreased. The purpose is to increase it's value by making it more scarce. This mainly seems to benefit early investors. I feel that by focusing so much on boosting price they will discourage adoption because people will not want to buy a coin that is too expensive. A lot of platforms that have their own token will charge a fee and then burn these coins. To me I would rather see them reduce fees or redistribute them to stakeholders instead of burning money that was used to pay for a service. Having lower fees would incentivize adoption and naturally increase the price.


Title: Re: Deflationary Tokens
Post by: SamaBB on July 10, 2021, 04:07:44 PM
If there price is too high then people wont mind paying for the fee that is cheap as compared to price and profit. Deflationary tokens start with huge price and supply, will take some time to climb high in price.


Title: Re: Deflationary Tokens
Post by: Anonymous193 on July 16, 2021, 04:35:47 PM
alt coin season is coming very soon as BTC is still standing firmly above 30k. If you dont have deflationary token in your portfolio add them before things get too expensive.


Title: Re: Deflationary Tokens
Post by: KngrKhna on July 25, 2021, 04:12:51 PM
Deflationary tokens are doing too good in current bull run. Many have made fortune with coins like BOOM. DYOR before you invest your hard earned money in deflationary tokens.


Title: Re: Deflationary Tokens
Post by: Benefactor on July 25, 2021, 06:36:58 PM
It sounds great on paper however when you truly consider everything, that model isn't economical over the long haul. Consuming can't go on always on the grounds that they can't stand to have a zero stockpile. I haven't discovered a flattening token where coins are annihilated each time an exchange is made, so on the off chance that I may realize what is that token. The engineers thought this will make a shortage in the market subsequently bringing about expansion in the cost of the token.


Title: Re: Deflationary Tokens
Post by: KngrKhna on July 26, 2021, 05:32:24 PM
It sounds great on paper however when you truly consider everything, that model isn't economical over the long haul. Consuming can't go on always on the grounds that they can't stand to have a zero stockpile. I haven't discovered a flattening token where coins are annihilated each time an exchange is made, so on the off chance that I may realize what is that token. The engineers thought this will make a shortage in the market subsequently bringing about expansion in the cost of the token.

Sir I think same was said for Bitcoin in its initial days. We need to give this concept some time before we say this idea is obsolete. who knows these coins may have moon short very soon. 


Title: Re: Deflationary Tokens
Post by: Barkul on August 01, 2021, 04:49:28 PM
The point to ponder is are there any deflationary tokens that have given any profit to there investors or they are all sleeping coins?


Title: Re: Deflationary Tokens
Post by: barabeku on August 02, 2021, 06:34:20 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

As I know,  it is said that burning of tokens can support the price as the amount of them decreases, but demand only increases or at least remains sustainable. On the other hand, I don’t know what will happen if all tokens are burned. I think that as soon as the number of them reach a target level, burnings will be finished and people will use tokens that will be already in circulation.


Title: Re: Deflationary Tokens
Post by: Devifajarina on August 02, 2021, 07:00:51 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

New coins usually have the greatest degree of weakness, the habit of issuing new coins to weaken other coins, this is proven the more coins the more chaotic the market, on the one hand the emergence of new coins can provide an alternative for people to invest, considering the top 15 coins are very expensive to buy. bought.

But the weakness of new coins usually does not have good prospects for the first 1 year, so many people are not interested in investing, if asked whether they are worth investing in or not, it goes back to each person.

If according to good market analysis and development, I think it is worth investing in, this requires knowledge to know whether the coin is good or not, if we are able to see market conditions and have good analysis, then investment habits will be perfect. .


Title: Re: Deflationary Tokens
Post by: MoneyJ on August 02, 2021, 07:02:50 AM
Ethereum 2.0 staking will showcase its deflationary property where part of ETH will be burned and as a result it will be more valuable as time goes by. With no more limited ETH, the deflationary model make sense to keep stakers more interested in securing the network while millions of transactions take place from DeFis and smart contracts executions.


Title: Re: Deflationary Tokens
Post by: Barkul on August 02, 2021, 05:18:03 PM
After going through the comments I can say that there is a mixed opinion about deflationary tokens. We need to study and do our own research to make a final conclusion.


Title: Re: Deflationary Tokens
Post by: Camelcoin on August 04, 2021, 05:53:40 PM
Ethereum 2.0 staking will showcase its deflationary property where part of ETH will be burned and as a result it will be more valuable as time goes by. With no more limited ETH, the deflationary model make sense to keep stakers more interested in securing the network while millions of transactions take place from DeFis and smart contracts executions.

This is interesting because AFAIK there will be no stopping on supply of Ethereum coins they dont have any control over inflation. Since more tokens are adopting this model chances are that it will be a big success.


Title: Re: Deflationary Tokens
Post by: Toobusy on August 11, 2021, 06:19:38 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

New coins usually have the greatest degree of weakness, the habit of issuing new coins to weaken other coins, this is proven the more coins the more chaotic the market, on the one hand the emergence of new coins can provide an alternative for people to invest, considering the top 15 coins are very expensive to buy. bought.

But the weakness of new coins usually does not have good prospects for the first 1 year, so many people are not interested in investing, if asked whether they are worth investing in or not, it goes back to each person.

If according to good market analysis and development, I think it is worth investing in, this requires knowledge to know whether the coin is good or not, if we are able to see market conditions and have good analysis, then investment habits will be perfect. .

Not all coins are gold same way not all coins are scam. There are many good deflationary coins that have given good return to there investors. You can success story of BOOM. 


Title: Re: Deflationary Tokens
Post by: lizarder on August 11, 2021, 06:55:16 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

Generally people create coins for financial gain, either jointly with a team or individually, but in the post you made this is an affiliation between coins playing in the market, meaning the coins are used as sacrifices to collect others.

I see this condition as a pattern to balance the desired coin, if we talk about worthy or not, this goes back to our level of trust in the coin, Dogecoin at that time was also not wanted, but what happened was that Doge was able to prove very worthy for us to invest.


Title: Re: Deflationary Tokens
Post by: LongStand on August 11, 2021, 08:46:52 AM
On the blockchain, deflationary tokens are fast gaining popularity. If the entire circulating quantity of a token is constantly being reduced to a predetermined level. It is then referred to as a deflationary token. Inflation, on the other hand, increases the token's circulating supply.


Title: Re: Deflationary Tokens
Post by: Rimueng on August 11, 2021, 10:04:03 AM
All deflation tokens are based on Hype, people think that investing in them will get them richer fast since there supply gets shrinker every time but honestly no use cases for this project, the only deflation token that works is BOMB and after it's success many copycats rise up


Title: Re: Deflationary Tokens
Post by: Toobusy on August 15, 2021, 12:36:06 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

Generally people create coins for financial gain, either jointly with a team or individually, but in the post you made this is an affiliation between coins playing in the market, meaning the coins are used as sacrifices to collect others.

I see this condition as a pattern to balance the desired coin, if we talk about worthy or not, this goes back to our level of trust in the coin, Dogecoin at that time was also not wanted, but what happened was that Doge was able to prove very worthy for us to invest.

I totally agree with your point that doge gained popularity with time. Same may also be applied on deflationary tokens, they are at very early stage and only time will tell whats there exact worth.


Title: Re: Deflationary Tokens
Post by: labenea on August 15, 2021, 12:37:18 PM
Those who learn the art of buying at right time and HODLing wins every trade. These deflationary coins are in there very initial stages and thats the primary reason there prices are low. With time the dev team will learn what spice is missing to take them to moon. If you are buying deflationary coins right now, then forget them for 2 to 3 years.


Title: Re: Deflationary Tokens
Post by: CrossroadBTC on August 15, 2021, 01:15:53 PM
This is the worst use case since 2018, it only lasted for a year and many already knew it's never going to work, every projects that have deflationary feature looks like a pump and dump project because they don't have any other utilities onboard than just deflation which is weird, in the end they slowly faded away


Title: Re: Deflationary Tokens
Post by: masulum on August 15, 2021, 01:31:02 PM
This is the worst use case since 2018, it only lasted for a year and many already knew it's never going to work, every projects that have deflationary feature looks like a pump and dump project because they don't have any other utilities onboard than just deflation which is weird, in the end they slowly faded away
Deflationary tokens and automatic staking are become a hype few months ago, but for now, it already gone, just few meme tokens with deflationary and auto staking are survive and another already gone. And I agree with you, deflationary aren't not special offer, but this is just a common features that not making investors interested anymore. If there a newbie are thinking if deflationary features are important, maybe they are already on trap of hype in the past but just recently know about it.


Title: Re: Deflationary Tokens
Post by: businessgirl on August 18, 2021, 05:57:58 PM
A deflationary token , as the name implies, is one in which tokens are gradually eliminated from the market. Tokens can be taken off the market in a variety of ways, including token buybacks and token burns by the token creators. The fundamental advantage of such thing is that they prevent the market from becoming swamped with extra tokens when more are mined, generated, or sold by the founders.


Title: Re: Deflationary Tokens
Post by: aemma on August 18, 2021, 06:17:34 PM
Currently, deflationary tokens don't move investors again or rightly put, it is no longer a feature which investors would see and invest in a token, although there might be few exemptions. From a good point of view, deflationary feature makes a token scares and once a token is getting scares it is meant to have more value, but over time most project team banks on this, create tokens with no use case, announce token burn, pump the price and then dump it.
Also, some projects have developed a way wherein on every transaction, a certain amount of token is burnt, but as usual, it only works if and only few the project in question have something valuable to offer.
Therefore in my opinion, don't invest in a token because it is a deflationary token, you end up losing at the end, but invest in a token because of the use case and because you have carried out your due diligence.


Title: Re: Deflationary Tokens
Post by: Toobusy on August 19, 2021, 04:31:06 PM
Deflationary are in very early stage and require time for recognition. If you see deflationary tokens like BOOM then its evident that they are performing very good despite so much criticism.


Title: Re: Deflationary Tokens
Post by: Ureung jameun on August 19, 2021, 08:20:03 PM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

if there have been many examples of deflation tokens will lose price in the future then why do we invest our money into it, because it will only waste time and money if in the end we have to lose our money. invest in tokens that have a good future so that time is not wasted. because already many deflation tokens only give promises and in the end we have to accept false promises.


Title: Re: Deflationary Tokens
Post by: Theones on August 21, 2021, 06:00:04 PM
There is more critics to deflationary token then appreciation, its probably because advancement in technology are mostly criticized in the start. Although its not clear how these deflationary tokens will be burned on exchanges with every transaction, we still see some deflationary tokens performing too good like BOOM. Those who are willing to take risk can invest in deflationary tokens, keep in mind that majority is still against this token.   


Title: Re: Deflationary Tokens
Post by: Toobusy on August 29, 2021, 04:44:31 AM
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

if there have been many examples of deflation tokens will lose price in the future then why do we invest our money into it, because it will only waste time and money if in the end we have to lose our money. invest in tokens that have a good future so that time is not wasted. because already many deflation tokens only give promises and in the end we have to accept false promises.

How can you say that investing in deflationary coin is wastage of time n money. Have you seen how well deflationary coins have performed in current bull run? See example of btc for instance, coin has spiked twice n that's what investors want. If boom is giving good return in short term.  Imagine how well it will perform in long term.


Title: Re: Deflationary Tokens
Post by: janak3 on September 04, 2021, 04:17:48 PM
This is the worst use case since 2018, it only lasted for a year and many already knew it's never going to work, every projects that have deflationary feature looks like a pump and dump project because they don't have any other utilities onboard than just deflation which is weird, in the end they slowly faded away
Deflationary tokens and automatic staking are become a hype few months ago, but for now, it already gone, just few meme tokens with deflationary and auto staking are survive and another already gone. And I agree with you, deflationary aren't not special offer, but this is just a common features that not making investors interested anymore. If there a newbie are thinking if deflationary features are important, maybe they are already on trap of hype in the past but just recently know about it.

if you see behavior of deflationary tokens in current bull run, you wont be saying that. every new idea need some time for recognition and if you are not a scam and a good team is behind the project then you are deemed to success, no matter which industry you are in.


Title: Re: Deflationary Tokens
Post by: masulum on September 05, 2021, 02:44:57 PM
if you see behavior of deflationary tokens in current bull run, you wont be saying that. every new idea need some time for recognition and if you are not a scam and a good team is behind the project then you are deemed to success, no matter which industry you are in.

It doesn't matter whether they will bull run or not, but this is a fact you have to accept, because this token deflationary if not accompanied by a product, then it will just be a normal feature. You're talking about a legit project, of course a legit one and having a product might bring success, but please understand my comments about what kind of project. I'm talking about the hype that has happened, a lot of project with the deflationary feature, tokens such as having special features coupled with automatic staking, look more attractive before it being hyped. However, for now, this feature is a commons feature, nothing special. The more projects with the same feature, the less attractive the feature will be.


Title: Re: Deflationary Tokens
Post by: alisonwonder on September 05, 2021, 03:07:36 PM
if you see behavior of deflationary tokens in current bull run, you wont be saying that. every new idea need some time for recognition and if you are not a scam and a good team is behind the project then you are deemed to success, no matter which industry you are in.
If we are in an industry that is not well-known, we will not find success either because a good industry also needs to be seen completely and evenly so that the ideas we develop can be very useful when implemented.


Title: Re: Deflationary Tokens
Post by: janak3 on September 07, 2021, 05:35:28 PM
if you see behavior of deflationary tokens in current bull run, you wont be saying that. every new idea need some time for recognition and if you are not a scam and a good team is behind the project then you are deemed to success, no matter which industry you are in.

It doesn't matter whether they will bull run or not, but this is a fact you have to accept, because this token deflationary if not accompanied by a product, then it will just be a normal feature. You're talking about a legit project, of course a legit one and having a product might bring success, but please understand my comments about what kind of project. I'm talking about the hype that has happened, a lot of project with the deflationary feature, tokens such as having special features coupled with automatic staking, look more attractive before it being hyped. However, for now, this feature is a commons feature, nothing special. The more projects with the same feature, the less attractive the feature will be.

Sir I understand and honor your point fully. You believe that if a coin doesnt have a real world use case it will be just short lived hype. But I am of the view that if a coin get success, use cases joins the coin. See BTC for instanace, it has hardly any use case associated with it in the start but as it gets success, there are things getting associated with it.


Title: Re: Deflationary Tokens
Post by: masulum on September 07, 2021, 05:46:20 PM
Sir I understand and honor your point fully. You believe that if a coin doesnt have a real world use case it will be just short lived hype. But I am of the view that if a coin get success, use cases joins the coin. See BTC for instanace, it has hardly any use case associated with it in the start but as it gets success, there are things getting associated with it.


They are on a different side, Bitcoin with memes/defi altcoins with fully anonymous deflationary features. most of failed project, with unclear road map, all of them who do not have a solid plan, that why they will not provide anything. I understand, some of it get use case after the coin/token is known, like Safemoon, but, in a general context, it can be said, more deflationary coins that don't have a use-case only last a few months, after that they are gone. Because they were only in hype moment, When the team got the profits, it was over. They don't think about future plans. Of course, it's not all like this, but most of it we can see, only lasts for a while during the hype. No-plans, just offered deflationary feature will not give any impact for market and investors.