Samayuki (OP)
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March 06, 2020, 12:54:43 PM |
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Deflation tokens are in trouble just as I predicted months ago, investors want to make profits out of these coins only because they have limited supply and in time they keep decreasing because of the deflation ability, now many of these coins have no good volumes of exchanges, this is just the beginning, demanding are now lower and soon death is what will awaits such coins
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Yogee
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March 06, 2020, 01:16:11 PM |
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I was discussing about this Dynamite token in another post right before you posted this.
I'm wondering why you single out deflationary type tokens? There are many utility tokens that are also dwindling in volume and demand. Any project with less appealing product and low community support are meant to die regardless if they are deflationary or not. Developers and team have their own way of trying to make their project quite unique and the idea of having a burn fee everytime the token is transferred from one wallet to another is not that bad. In a way, it is similar with teams buying their own tokens and burning them to reduce token supply. Whatever their model is, the main things that will determine which project will survive or not are the products and the community.
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Greatchu
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March 06, 2020, 01:20:30 PM |
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I think the reason why OP was about deflation tokens is because investors are obsessed with them after bomb token gives many early adopters the biggest profits of their lives, facts about deflation tokens is they have no other usefulness than this deflation shit
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Rodeo02
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March 06, 2020, 01:36:41 PM |
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Deflation tokens are in trouble just as I predicted months ago, investors want to make profits out of these coins only because they have limited supply and in time they keep decreasing because of the deflation ability, now many of these coins have no good volumes of exchanges, this is just the beginning, demanding are now lower and soon death is what will awaits such coins
the increase of price of each coins will not only base on the supply, so even they have only limited supply if there are no use cases and demand it will end the same with other tokens in the market. They should always looks for the use of the coins before investing so thier money will not be wasted.
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Yogee
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March 06, 2020, 01:37:56 PM |
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Investors will always try to look for projects that they can profit from. Call them obsessed or whatever, they still try make money from crypto. Pump and dump happens to almost all tokens out there. If it happened to Bomb or to other types of deflationary tokens, it also happened to hundreds of altcoins.
By the way, how do you know that they cannot be use anywhere else? Did you check them all out? Is there really no product or MVP?
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akram143
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March 06, 2020, 01:51:39 PM |
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Early investors will make profits from such kind of investment and just like any other ICO,IEO investments so this is just a hype got over so volumes on exchanges are surging so its better to cash out as soon as possible even if you made less or no profits or you might end up losing all of your capital at some point...
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Goodvalony
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March 06, 2020, 01:53:57 PM |
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The era of deflation tokens are gone. this is business and it has always been that way. that period was like a new era in the crypto and the greedy and smart investors made a huge scam out of it. Most people fail for that project where people develop tokens and reduce the quantity just to increase the price and because a huge money was involved, people fall for it. some deflationary tokens are still trading on waves.
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Yudhisthir
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March 06, 2020, 02:03:13 PM |
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There are a wide range of deflationary coins and we can't just put them in same level. A purely deflationary token has no real advantage except manipulation. There are some hybrid deflationary coins that are actually successful in the market. Coins can be deflationary to a limited time or to a limited supply, like BNB which would go on decreasing till 100M supply.
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Ucy
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March 06, 2020, 02:50:36 PM |
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I think the reason why OP was about deflation tokens is because investors are obsessed with them after bomb token gives many early adopters the biggest profits of their lives, facts about deflation tokens is they have no other usefulness than this deflation shit
You could actually make anything with similar feature as real cryptocurrency deflationary. That thing will need to be scare, valuable, durable, long-lasting, hard/expensive to counterfeit etc. But it could end up being dump/abondoned with very low price by most users if it not actually useful, easy to use, unique, etc. Some tokens will remain deflationary as long as they're useful, safe and have good demand.
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South Park
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March 06, 2020, 03:01:23 PM |
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Deflation tokens are in trouble just as I predicted months ago, investors want to make profits out of these coins only because they have limited supply and in time they keep decreasing because of the deflation ability, now many of these coins have no good volumes of exchanges, this is just the beginning, demanding are now lower and soon death is what will awaits such coins
Those coins never had any chance to begin with, most investors seem to think that just because a coin has a limited supply that is enough to make it valuable and that is not true, if the coin has no demand then that coin is never going to be valuable no matter how scarce it is, this is yet another case of investors once again falling victims of a flawed concept and paying the consequence of those mistakes, it is time to stop investing in projects which have nothing going on for them and invest in some of the most solid coins in the market that actually have a future.
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masterrex
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March 06, 2020, 03:13:05 PM |
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Deflation tokens are in trouble just as I predicted months ago, investors want to make profits out of these coins only because they have limited supply and in time they keep decreasing because of the deflation ability, now many of these coins have no good volumes of exchanges, this is just the beginning, demanding are now lower and soon death is what will awaits such coins
Honestly, I don't clearly understand how the deflationary token works and why it should be deflated how the platform will function if all token supply is gone, Like the Bomb deflationary token I don't see any reason where the demand came from without any proven use cased. thats weird thats why I never invest in those similar projects to avoid any problems.
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shinratensei_
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March 06, 2020, 03:15:23 PM |
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Deflation tokens are in trouble just as I predicted months ago, investors want to make profits out of these coins only because they have limited supply and in time they keep decreasing because of the deflation ability, now many of these coins have no good volumes of exchanges, this is just the beginning, demanding are now lower and soon death is what will awaits such coins
Since the idea of the deflationary token has created and so many experts have already said if that was a garbage idea. Deflation ability is such a scam scheme that the token was reducing its supply without a healthy reason just like a buyback that used the profit generated by the company. This idea is totally crap. We don't even need to wait so long to see this idea to be dead because of this idea already dead. Those who are still believing in this kind of idea just wanna take advantage from this.
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Twinkledoe
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March 06, 2020, 03:17:42 PM |
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Deflation tokens are in trouble just as I predicted months ago, investors want to make profits out of these coins only because they have limited supply and in time they keep decreasing because of the deflation ability, now many of these coins have no good volumes of exchanges, this is just the beginning, demanding are now lower and soon death is what will awaits such coins
Honestly, I don't clearly understand how the deflationary token works and why it should be deflated how the platform will function if all token supply is gone, Like the Bomb deflationary token I don't see any reason where the demand came from without any proven use cased. thats weird thats why I never invest in those similar projects to avoid any problems. That's the reason why they still failed even if the supply is decreasing. They have no proven use case and there's no valid reason why they exist. A lot of them are just for trading purposes which is not really a use case at all. So if traders got tired of trading them because they don't have actual application in life, the price starts to fall and will continue to fall because they have no solid ground to hold onto. If they can only get this token to have real usage in the market, maybe they can keep them afloat in exchanges.
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cytpoway121
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March 06, 2020, 03:37:17 PM |
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Deflation tokens are in trouble just as I predicted months ago, investors want to make profits out of these coins only because they have limited supply and in time they keep decreasing because of the deflation ability, now many of these coins have no good volumes of exchanges, this is just the beginning, demanding are now lower and soon death is what will awaits such coins
It is not only related to deflationary tokens. Certain altcoins has equally dwindled and failed expectations but goes under the radar. In my own opinion, I think dynamite token still has good volume and doing well even in this harsh market. So the fact is, either deflationary, utility or security token, if a project will do well. It will do well and vice versa
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Lhaine
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March 06, 2020, 04:29:31 PM |
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Early investors will make profits from such kind of investment and just like any other ICO,IEO investments so this is just a hype got over so volumes on exchanges are surging so its better to cash out as soon as possible even if you made less or no profits or you might end up losing all of your capital at some point...
if you will base on this year scenario even you are an early investor's you can also experience lost investing in any crowdfunding even IEO. Many of the project right now is just only promising to make a good project by providng a good whitepaper but they dont want to continue develop a project if they raised funds. They are just givinv a nice words at first but leaving a project after they get the money they need.
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Febo
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March 06, 2020, 06:38:23 PM |
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The death of deflationary tokens
Any token needs some usecase. That emission of a token is deflationary is not a usecase. Tokens have to be or utility tokens or securities. Probably something else that I dont know. But economic of the token cant be sole usecase. If that is the case, that token is ponzi. Just like Bitconect.
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