Deflationary tokens here and there

[bitgolden]

What is going on with devs building deflationary coins and tokens here and there?
Bomb token was the first,now I'm seeing grenade,dynamite,ethplode etc ,why are they building these coins?its very alarming,for quick profit?
And everyone seem to be rushing these tokens,the fact is they have no real use case ,every single one of them, its just the deflationary thing only,I won't advice anyone to invest

Lol, as investors are beginning to get tired of so many of these projects and tired of so many terms they have used to sweet talk investors into dropping their money into their projects, they need to keep coming with other words that will look catchy but yet has n meaning. I don’t usually fall for all these type of coins because I know too that they have no use case, and developers would probably hire professional adviser that is very good at creating such content.

Well, deflationary token, bomb token etc, everything depends on us too, we have the right to allow ourselves to be used by them or not, we need to start making so much dip research on these projects before we promote them or buy any of the coins, with great research, we should be able to discern the good and the bad ones.

[CryptoIyke]

Most of them are already exiting scam just like claymore while a lot are dying off already, flame could not survive for five days and it was dumped to zero, 95% of them will die off eventually, they are for quick profit to smart holders and developers.

[ikicha]

Welcome to the cryptocurrency & the beatiful om smartcontract you not the only one :v, You should at here went a lot project with fake team, unprofesional team creating a random token by using smartcontract ethereum All of them already rekted

[kawetsriyanto]

And this is what often happens now. When we see that some people only focus on temporary results to achieve success in making tokens, especially those filled with mere hype. We sometimes forget if there are other things that are more important, namely the essence and product and the future of the token itself. As investors, of course, we must know how to choose and sort tokens that will be valuable, not only in the present but also in the future. So that we do not just rely on the boom of the token at this time and then the token is completely destroyed and worthless on the market.

[old fart]

Deflationary tokens to me is still an experimental concept. There are no real utilities for it now other than seeing it supply decrease in other to cause inflation. I'd advise you get them for free from airdrops instead of buying them.

[Furryball]

Going after deflation tokens is like taking a shortcut to profit in crypto space,many devs wants to make quick buck that's why they believe deflation tokens is the way,i've grab the little i can from airdrops but i won't invest a dime

[iphy2]

Deflationary tokens are beginning to remind me of the era of self-drops. Many of them are out there as a pump and dump scheme, except for the very few that have a usecase and continually develop their project. For now,  it's advisable  to focus more on their airdrops since its free before investing in any of their projects.

[barbara44]

The reason for creating those deflationary tokens which at the end of the day become useless is to rip people off their hard earned money. There are series of them with no product or use. Just there for nothing.

The thousands of coins that we have in the market, I really do usually think if they are just there for decoration because I have never really seen anything they are useful for, most of them promised projects they cannot deliver and when we talk of altcoins that are functioning well, they are still the altcoins that are within the first 100 of coin market record, and other are just there with no use case or whatsoever, so who are the people or population they are creating these projects for.

I still don’t know why any new projects cannot juts partner with these top projects rather than creating a coin and giving t different names to just convince people into making investment, and also, I do not n=know why investors cannot juts consider these top 100 coins alone for now.

[FrozenBit]

I think they are aiming for a long-term goal, like Bitcoin. They want to be one of the deflation alts in the future and will be one of many choices.
This is also a good strategy because Bitcoin is well known for its deflationary mechanism. Bomb is cherishing that dream and hope they will accomplish their goals in the future.

[tranduong123]

Everyone wants to make a profit, and everyone thinks they will be early investors, make a profit and withdraw safely. But most will suffer losses

[Onika84]

They think, a little supply will increase the value of something. Psychologically this principle is used by deflationary tokens creators to manipulate markets. This trend will end soon.

[StatesManG]

Lately I have seen many of this deflationary coin everywhere.  I never knew of bomb token until now and the last of this type of coin I knew about was maxim. I try to see if there is any other useful case of it apart from deflationary . To me it's kinda useless

[Bananington]

All those deflationary tokens are almost baseless to me because they have no project aim aside deflationary token feature, making total tokens in circulation minimized. Every new day I see new deflationary token, what's the essence? Why are people buying these tokens? It's obvious that the main aim is to make gains and after that the developers will dump and probably move on to the next.

[akram143]

What is going on with devs building deflationary coins and tokens here and there?
Bomb token was the first,now I'm seeing grenade,dynamite,ethplode etc ,why are they building these coins?its very alarming,for quick profit?
And everyone seem to be rushing these tokens,the fact is they have no real use case ,every single one of them, its just the deflationary thing only,I won't advice anyone to invest

Sounds like bump and dump token so you can decide whether you can invest on the project are not but definitely it is not good to invest for long term only go for this kind of investment if you just hit and run the the project with profit at initial stages.

[Caishen_Project]

Deflationary token now is the new trend in crypto space, I wanna believe most of these developers are not ready to create any use case for their deflationary token, most are just creating tokens and they are getting it listed on forkdelta and then dump people who bought when it's listed, 95% of deflationary token are scam

[anexxty009]

Personally only 1% of the so called deflamatory tokens can survive even if they are genuine for I see most to be scam and I see a particular group of persons behind this projects if not that they are making use of crtl + C together with ctrl+v

[MadeinCoin]

All those deflationary tokens are almost baseless to me because they have no project aim aside deflationary token feature, making total tokens in circulation minimized. Every new day I see new deflationary token, what's the essence? Why are people buying these tokens? It's obvious that the main aim is to make gains and after that the developers will dump and probably move on to the next.

The purpose of investors is to make a profit, but where do you get the benefits of this deflation token? most of the price tokens fall in the market and not a few are finally delisted from the exchange. I am sure investors who buy these tokens are beginner investors who do not understand how to look for a good project. Because so far we still have a lot of beginners who are new to crypto, unlike those who have been long and familiar with crypto, they certainly won't buy this kind of token.

[Freny250]

Deflationary token are social experiments,  many were created tor that function but as time goes on they devlop a real usecase for the project.  Bomb has migrated to binance dex to create another token named bomb x, blockburn has Dapp at the moment and planning a staking program

[Chicky213]

Deflationary tokens is very common now and people have made some profits investing in it cause of its low total and circulating supply. Though some of this Deflationary tokens are here to scam so one need to be very careful and choose legit ones with at least a use case.

[sulis sudibyo]

in the bear market yesterday almost all altcoins experienced deflation. but some are starting to rise again. and the rest that can't survive will disappear. I think this is because not a developer mistake, but all this happened because the market fell and investor confidence decreases.