BOOM - First Self-Burning Cryptocurrency Based on Smart Contract

[qiwoman2]

I like the deflationary Idea as I am also invested in another deflationary coin but it may take time for this one to catch on as the volume is very low on the few exchanges it is listed. Of course every project needs a lot of hard work to get off the ground and a big community to rally behind it, so I will do more research and due diligence on this project and see if it is worth a small punt or not. Sometimes it's these quiet sleeper coins that you see suddenly take off and do a 10 x just like that. I will check it out further for sure.

[RomiM]

I like the deflationary Idea as I am also invested in another deflationary coin but it may take time for this one to catch on as the volume is very low on the few exchanges it is listed. Of course every project needs a lot of hard work to get off the ground and a big community to rally behind it, so I will do more research and due diligence on this project and see if it is worth a small punt or not. Sometimes it's these quiet sleeper coins that you see suddenly take off and do a 10 x just like that. I will check it out further for sure.

I agree with you and since you are senior member your remarks have lots of weight. We usually are reluctant to buy coins when they are down and only buy them when they start there bull run, that's not a wise move. We must buy coins when they are down.

[philanthropist67]

I like the deflationary Idea as I am also invested in another deflationary coin but it may take time for this one to catch on as the volume is very low on the few exchanges it is listed. Of course every project needs a lot of hard work to get off the ground and a big community to rally behind it, so I will do more research and due diligence on this project and see if it is worth a small punt or not. Sometimes it's these quiet sleeper coins that you see suddenly take off and do a 10 x just like that. I will check it out further for sure.

Although everyone has its own opinion about the deflationary tokens but its true fact that sleeping coins can go up at any time. BOOM seems to be another sleeping coin since this coin has not seen any rally so far.

[Gab20]

I like the deflationary Idea as I am also invested in another deflationary coin but it may take time for this one to catch on as the volume is very low on the few exchanges it is listed. Of course every project needs a lot of hard work to get off the ground and a big community to rally behind it, so I will do more research and due diligence on this project and see if it is worth a small punt or not. Sometimes it's these quiet sleeper coins that you see suddenly take off and do a 10 x just like that. I will check it out further for sure.

Although everyone has its own opinion about the deflationary tokens but its true fact that sleeping coins can go up at any time. BOOM seems to be another sleeping coin since this coin has not seen any rally so far.

Is BOOM really sleeping? And in what way are they sleeping?
I am just thinking if deflationary tokens are still in vogue because when tokens are burnt these days, there usually seems to be no effect and no meaningful impact. I think a well

[arjuna BTC]

I like the deflationary Idea as I am also invested in another deflationary coin but it may take time for this one to catch on as the volume is very low on the few exchanges it is listed. Of course every project needs a lot of hard work to get off the ground and a big community to rally behind it, so I will do more research and due diligence on this project and see if it is worth a small punt or not. Sometimes it's these quiet sleeper coins that you see suddenly take off and do a 10 x just like that. I will check it out further for sure.

Although everyone has its own opinion about the deflationary tokens but its true fact that sleeping coins can go up at any time. BOOM seems to be another sleeping coin since this coin has not seen any rally so far.

Is BOOM really sleeping? And in what way are they sleeping?
I am just thinking if deflationary tokens are still in vogue because when tokens are burnt these days, there usually seems to be no effect and no meaningful impact. I think a well

maybe sleep for long time my friend
because the volume is only $24,671 USD and thats not good for any kind of cryptocurrency including boom as theFirst Self-Burning Cryptocurrency Based on Smart Contract buddy

[RomiM]

I like the deflationary Idea as I am also invested in another deflationary coin but it may take time for this one to catch on as the volume is very low on the few exchanges it is listed. Of course every project needs a lot of hard work to get off the ground and a big community to rally behind it, so I will do more research and due diligence on this project and see if it is worth a small punt or not. Sometimes it's these quiet sleeper coins that you see suddenly take off and do a 10 x just like that. I will check it out further for sure.

Although everyone has its own opinion about the deflationary tokens but its true fact that sleeping coins can go up at any time. BOOM seems to be another sleeping coin since this coin has not seen any rally so far.

Is BOOM really sleeping? And in what way are they sleeping?
I am just thinking if deflationary tokens are still in vogue because when tokens are burnt these days, there usually seems to be no effect and no meaningful impact. I think a well

maybe sleep for long time my friend
because the volume is only $24,671 USD and thats not good for any kind of cryptocurrency including boom as theFirst Self-Burning Cryptocurrency Based on Smart Contract buddy

Its because BOOM is new token and alt coins are not very much bullish these days. I think these statistics are satisfactory keeping in view the other altcoins.

[AntChe]

I don't think daily volume is an indicator of a good altcoin. We have seen many altcoins going up that slept for years. In fact there is no indicator for any altcoin that suggests it will go up. Just invest in BOOM if you enjoy taking the risk.

[dunfida]

I don't think daily volume is an indicator of a good altcoin. We have seen many altcoins going up that slept for years. In fact there is no indicator for any altcoin that suggests it will go up. Just invest in BOOM if you enjoy taking the risk.

You cant just tell people to invest into something which doesnt really have that much of potential.Im not saying this one doesnt have but i dont see that this
coin or project do something better compared to others. Yes, it do self-destruct then whats next? It do only lessen up the entire supply but whats
about real life actual usage? This surely wont fit out.

[SlimShadyMmp]

What does this coin offer in the market apart from self burning itself because am sure there are more coins with consensus properties and what have you to decide to implement various strategies by their community. What am trying to point out is this burning is not a new thing or changer, Boom need more tech persusiasion to gain market

[MCobian]

After I learned about BOOM tokens, it turns out that this token really does have the ability of a self-destructing mechanism.
This is very unique, logically the number will continue to decrease when each transaction occurs using BOOM. Of course this
makes the demand for BOOM tokens increase, it should make BOOM prices also go up. What happened wasn't like that. BOOM
prices are still stable. Maybe it should be helped with promotions, so that the number of BOOM holders continues to increase.

[AntChe]

After I learned about BOOM tokens, it turns out that this token really does have the ability of a self-destructing mechanism.
This is very unique, logically the number will continue to decrease when each transaction occurs using BOOM. Of course this
makes the demand for BOOM tokens increase, it should make BOOM prices also go up. What happened wasn't like that. BOOM
prices are still stable. Maybe it should be helped with promotions, so that the number of BOOM holders continues to increase.

Yes, I think with time as BOOM reaches out to more audience there is fair chance that its price will go up. Its price is stable is also an indication that it's stable and standing firmly.

[RomiM]

In my view the BOOM has been fairly advertised, see it already on too many decent exchanges and has a decent turn around as shown by statistics on CMC. All altcoins are down and there is a chance that this coin may perform well in coming altcoin season. 

[ScamViruS]

The whole system of token burn is to create hype in the market. There are already a lot of projects that have the same token burn model. So what's special about this project? Why would investors be interested in investing?

If you burn tokens, the market price will increase. This model has become very old, now it does not affect the market price like before.

[LbtalkL]

This is not new way back on year 2017, one project came up with this idea called equal you can find it here, https://etherscan.io/token/0x47dd62d4d075dead71d0e00299fc56a2d747bebb but I guess they have swapped over to binance chain and after they launch their own wallet I never heard updates from them. Boom is obviously have better volume but the question is apart from this self burning feature they have nothing to offer, no better purpose.

[alani123]

Doesn't seem like that of a great idea to be honest. It has been tested before with a coin that had its own blockchain. Checkout slimcoin.
The concept is surely interesting but ultimately having a token that thrives on the destruction of currency isn't that great of an idea if you ever intend your coin to receive actual usage and become a medium of exchange.

A coin that burns itself is not retaining the basic features of money. As outlined below:

Smart contract or not, a self-burning cryptocurrency would be worse off than alternatives, and that's because of burning. IMO its more of an anti-feature other than a feature.

[RomiM]

I think the concerns of investors regarding this project are mostly because it's new and hasn't been tested yet. I like the idea as its very different from what other coins are offering right now. Even BTC will stop generating new coins.

[WinterCns]

In a volatile crypto environment everything is possible. See the example of Bitcoin SV from nowhere it emerged and now is in top ten cryptos. Likewise BOOM can explode at any time, do proper research before making any decision. It may take you to the moon.

[EscTel]

BOOM statistics are volatile and I like that. On one day its has daily volume of 10K USD while on other day it has volume of 20K USD. It surely is trying to break the resistance.

[Bigerio]

These coins have started a big debate among crypto enthusiastic. The beauty of crypto industry is that it never stops amusing us from new ideas and concepts. BOOM is just another just concept, that has started debate of whether the deflation concept is more powerful then controlled inflation.

[TooLate1]

Deflationary coins like BOOM are bringing the concept of decrease in supply which is very much opposite to BTC concept of controlled supply. The controlled supply was a big hit and hopes are that deflation concept will also be a success.