Bitcoin Forum
August 28, 2024, 04:07:14 AM
Welcome,
Guest
. Please
login
or
register
.
News
: All versions of Windows are affected by a
critical security bug
; make sure you update.
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Alternate cryptocurrencies
>
Marketplace (Altcoins)
>
Service Discussion (Altcoins)
>
How tokens are being burn?
Pages: [
1
]
« previous topic
next topic »
Print
Author
Topic: How tokens are being burn? (Read 121 times)
Fnrecana
(OP)
Jr. Member
Offline
Activity: 262
Merit: 3
M E D I C H A I N ¦ The Medical Big Data Platform
How tokens are being burn?
February 22, 2018, 04:00:45 AM
#1
I'm just curious about this. What do burn tokens are meant? What is it for and why tokens are being burned? Is it important to burn tokens? Hope some one can explain it propperly.
M E D I C H A I N ¦ The Medical Big - Data Platform ¦ M E D I C H A I N (https://medichain.online/)
SAVING LIVES WITH BLOCKCHAIN
Dlugina23
Sr. Member
Offline
Activity: 504
Merit: 251
Re: How tokens are being burn?
February 22, 2018, 05:59:04 AM
#2
Burn is burn,search in Google.
dogbackwards
Member
Offline
Activity: 274
Merit: 13
Re: How tokens are being burn?
February 22, 2018, 06:01:51 AM
#3
The majority of the time the excess tokens are burnt with the intention of increasing the value of the coin/token. If there is demand then the price of the token would increase because the burned tokens/coins are off the market.
Other times they burn excess tokens in ICOs because they did not sell all of the ones intended for the ico, or bounties etc.
Arian247
Member
Offline
Activity: 560
Merit: 11
⇾
Re: How tokens are being burn?
February 22, 2018, 12:44:49 PM
#4
Quote from: Fnrecana on February 22, 2018, 04:00:45 AM
I'm just curious about this. What do burn tokens are meant? What is it for and why tokens are being burned? Is it important to burn tokens? Hope some one can explain it propperly.
To burn tokens they are removed from circulation, those token can never be accessed or used by anyone and it's being done to increase value because of limited availability.
batang_bitcoin
Hero Member
Offline
Activity: 3080
Merit: 603
Re: How tokens are being burn?
February 22, 2018, 01:28:13 PM
#5
Quote from: Fnrecana on February 22, 2018, 04:00:45 AM
What do burn tokens are meant?
Reducing supply to the circulation
Quote from: Fnrecana on February 22, 2018, 04:00:45 AM
What is it for and why tokens are being burned?
'Token Burning' And Other Crypto Jargon Simplified
Quote from: Fnrecana on February 22, 2018, 04:00:45 AM
Is it important to burn tokens?
For those coins that has too many of it, they have to burn some of it.
Rent this sig space so that BTC goes to $100k.
Riten
Newbie
Offline
Activity: 34
Merit: 0
Re: How tokens are being burn?
February 23, 2018, 12:56:42 PM
#6
Actually there is an older post with the same question. You can find some good answers there.
https://bitcointalk.org/index.php?topic=2450157.0
Pages: [
1
]
Print
Bitcoin Forum
>
Alternate cryptocurrencies
>
Marketplace (Altcoins)
>
Service Discussion (Altcoins)
>
How tokens are being burn?
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...