That seems to be very much correct. Some also use contract development for burning.
So i am of the opinion that the right way to burn erc20 is to create a contract which immediately self destructs and sends to its own address, or just send ether to his deployed contract.
Here is an example of code used:

pragma solidity ^0.4.11;

contract Burner {
    uint256 public totalBurned;

    function Purge() public {
        // the caller of purge action receives 0.01% out of the
        // current balance.
        msg.sender.transfer(this.balance / 1000);
        assembly {
            mstore(0, 0x30ff)
            // transfer all funds to a new contract that will selfdestruct
            // and destroy all ether in the process.
            create(balance(address), 30, 2)
            pop
        }
    }

    function Burn() payable {
        totalBurned += msg.value;
    }
}

Which sends it straight to the contract address.

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently  cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap

I hope that this month, will welcome a strong capitalization from new investors, then the market will flourish, and you, do you think like me?

Hello everybody .
 Tell us, how do you recognize the scammers? I've met a lot of fraudulent projects and I can say that I learned by bitter experience, but every day it's more difficult to distinguish a good project from scammers.We do not want to lose our money and do not waste time in the empty, participating in the companies bounty.

How do you think: does crypto make criminal life much easier? We all know that criminals use crypto to sell drugs, guns, people and everything else. Did crypto make doing such things easier? Earlier criminals had to think how to keep their anonymity and get paid, how launder their money, how to not get catched with this. But now they can just use crypto and all the headache about this financial troubles passed away. Of course there is much bigger positive points of crypto and not every user of crypto is a criminal, but anyway are you worried about this? Criminals also worsen the reputation of crypto that is not really stable itself.

I would like to try myself in bounty programs, any advice how i find good BOUNTY, and how do i know the ICO has good bounty program and it is not scam? Thanks in advance.

I would like to share how to make money from the market for some Newbies or some people have not earned a profit from the market. I usually check and consider all ICO and participate in some good Bounty and Airdrop . Then waiting for receiving the token to consider whether to Hold or Sell. I convert all to Eth or Coin top. I spent this Eth to Trade and increase my profit from it. Very slowly, and with a certain percentage, everyday and I am accumulating, now I have more than 1Eth, please try on my way.

Hi, BitcoinTalk. Please, can you help me, from the investors point of view what is better UTILITY or SECURITY token?

How good (or bad) have your bounty rewards been in 2018 in comparison to 2017?

I see that there are many ICOs that fail because of lack of funds even though the concept is good and potential, isn't it if the project is funded and realized the project will be successful and profitable for investors?