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Author Topic: BOOM - First Self-Burning Cryptocurrency Based on Smart Contract  (Read 3719 times)
Kellygucci
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February 13, 2022, 04:45:58 PM
 #321


this is proof that the coin has very good prospects, where before experiencing a decline like now BOOM has provided a lot of benefits for its holders, but I'm not saying BOOM grew because of hype, the increase was purely due to the technology adopted from this project, even though BOOM is currently experiencing a very deep decline but I am very optimistic that this coin will increase as the crypto market improves.

What technology adopted by BOOM that has increased it price? What makes you think this coin will go up? Your assumptions are based on speculations or you have some evidence of this.
MgoSgo
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February 14, 2022, 05:14:58 PM
 #322


this is proof that the coin has very good prospects, where before experiencing a decline like now BOOM has provided a lot of benefits for its holders, but I'm not saying BOOM grew because of hype, the increase was purely due to the technology adopted from this project, even though BOOM is currently experiencing a very deep decline but I am very optimistic that this coin will increase as the crypto market improves.

Cant say about the future but right now this coin is under extreme bearish trend and was not able to give any hope to its investors. The main problem with deflationary coin is that they have zero utility and only thing they have with them is token burning.

mm2543363580
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February 15, 2022, 06:12:08 PM
 #323


this is proof that the coin has very good prospects, where before experiencing a decline like now BOOM has provided a lot of benefits for its holders, but I'm not saying BOOM grew because of hype, the increase was purely due to the technology adopted from this project, even though BOOM is currently experiencing a very deep decline but I am very optimistic that this coin will increase as the crypto market improves.

Cant say about the future but right now this coin is under extreme bearish trend and was not able to give any hope to its investors. The main problem with deflationary coin is that they have zero utility and only thing they have with them is token burning.


They also start with huge supply like BOOM is start with 1 billion token in circulation and can someone tell how much time it will take before this supply will decrease significantly. There price will only go up if there supply is reduced to millions of tokens and it will take lots of time to reach that level.

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February 25, 2022, 06:21:53 PM
 #324

We havent seen any spike in BOOM price for quite a while now. Which can be a sign that its very much silent for now. But thats a good time to buy this coin as price is down and spike in BOOM price comes for very shorter period of time. You can get the profit only if you but it at right price.

BOOM hodlers are not having good time with this coin as boom is testing patience of its hodlers badly. BTC touched its ATH and still very much high in price but this coin refused to go up. Dont know how much more time this coin will take to go up.
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February 25, 2022, 06:53:26 PM
 #325

We havent seen any spike in BOOM price for quite a while now. Which can be a sign that its very much silent for now. But thats a good time to buy this coin as price is down and spike in BOOM price comes for very shorter period of time. You can get the profit only if you but it at right price.

BOOM hodlers are not having good time with this coin as boom is testing patience of its hodlers badly. BTC touched its ATH and still very much high in price but this coin refused to go up. Dont know how much more time this coin will take to go up.

Is this project really showing anything interesting? I see that in the current situation, investing in this project means stepping into the trap, because the trading volume of this project is very low and it is listed on an exchange which is not well known to the traders. So all things considered, at least in the current context, investing in this project would not be the right decision.


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Yurkov
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February 25, 2022, 08:18:12 PM
 #326

BOOM hodlers are not having good time with this coin as boom is testing patience of its hodlers badly. BTC touched its ATH and still very much high in price but this coin refused to go up. Dont know how much more time this coin will take to go up.

I don't know what you expect from this project, but if I were you I wouldn't be too positive. You don't need to do a thorough research to understand that this project was probably abandoned. Just look at the last time the creator of this thread was active, so my guess is that it is the developer:

Name:   crypto_geek55

Last Active:   July 19, 2020, 07:41:52 AM

Sorry, but I don't think this project will be resurrected.


sidsx2
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February 26, 2022, 06:30:58 PM
 #327


Is this project really showing anything interesting? I see that in the current situation, investing in this project means stepping into the trap, because the trading volume of this project is very low and it is listed on an exchange which is not well known to the traders. So all things considered, at least in the current context, investing in this project would not be the right decision.

https://i.ibb.co/vcv5nN3/20220226-005107.jpg

You are very right there are many coins here on bitcointalk.org that are no more developed by there respective teams rather they are just abandoned. We need to be careful of such coins else our investment will be held up for indefinite period of time. 
galambo
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March 02, 2022, 06:47:42 PM
 #328

I don't know what you expect from this project, but if I were you I wouldn't be too positive. You don't need to do a thorough research to understand that this project was probably abandoned. Just look at the last time the creator of this thread was active, so my guess is that it is the developer:

Name:   crypto_geek55

Last Active:   July 19, 2020, 07:41:52 AM

Sorry, but I don't think this project will be resurrected.


Well I dont think its the official thread of BOOM created by the team. There are many threads created by investors who just wanna bump there coins through such marketing. The account from which this thread started may be dead but not the coin, even today this coin has market cap of 69k so there is still some boom in this token.

https://coinmarketcap.com/currencies/boom/
Quidat
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March 02, 2022, 08:15:46 PM
 #329

I don't know what you expect from this project, but if I were you I wouldn't be too positive. You don't need to do a thorough research to understand that this project was probably abandoned. Just look at the last time the creator of this thread was active, so my guess is that it is the developer:

Name:   crypto_geek55

Last Active:   July 19, 2020, 07:41:52 AM

Sorry, but I don't think this project will be resurrected.


Well I dont think its the official thread of BOOM created by the team. There are many threads created by investors who just wanna bump there coins through such marketing. The account from which this thread started may be dead but not the coin, even today this coin has market cap of 69k so there is still some boom in this token.

https://coinmarketcap.com/currencies/boom/
There are still movements but doesnt signify that it would last even further and its true that some people which are continuing to hype or shill out this project are the ones who do make out such investment and trying out to lure people specially newbies to buy this coin and when it pumped then thats the time they would sell off their bags which is really a very common concept on here.
This is why you should really be careful on making out investment and not just hurrying up yourself on throwing your precious investment out of nowhere.

Wildwest
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March 03, 2022, 07:33:54 AM
 #330

I'm not really interested in projects like this because when doing transactions they burn automatically so many investors prefer to keep their tokens until later the price can indeed increase, and the team that manages the project does plan like that if later the supply is limited and the price will increase, but this can not necessarily happen because everything needs a process, If indeed the price can increase by doing such burning then this project we can follow.

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ringgo96
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March 04, 2022, 10:20:37 AM
 #331

BOOM is a new project that makes a unique design to increase the attractiveness of investors, by making automatic combustion then this will be considered every transaction and this way will many investors who choose to hold until the value can increase, if at any time there will be a transaction then BOOM will be more limited then most likely the price can increase, I want to explore this project if it has the potential then participating is the solution.

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galambo
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March 14, 2022, 05:22:19 PM
 #332

There are still movements but doesnt signify that it would last even further and its true that some people which are continuing to hype or shill out this project are the ones who do make out such investment and trying out to lure people specially newbies to buy this coin and when it pumped then thats the time they would sell off their bags which is really a very common concept on here.
This is why you should really be careful on making out investment and not just hurrying up yourself on throwing your precious investment out of nowhere.

People who have investments in any project advertise it for there own benefit its natural and something not limited to crypto only. I do agree with you that we need to be careful while investing in projects that are advertised by investors. BOOM is n no mood of making a significant move in terms of its price and I think it will be a little be risky now to invest in it.
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March 15, 2022, 05:34:51 PM
 #333

I'm not really interested in projects like this because when doing transactions they burn automatically so many investors prefer to keep their tokens until later the price can indeed increase, and the team that manages the project does plan like that if later the supply is limited and the price will increase, but this can not necessarily happen because everything needs a process, If indeed the price can increase by doing such burning then this project we can follow.

You are right, BOOM need to add some utility to there token right now they are used for nothing but just to buy and hold until the price goes high. The price is too low these days and it will take time before price will go high. Also remember they start with hue supply of tokens.
coinism
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March 17, 2022, 05:44:44 PM
 #334

I'm not really interested in projects like this because when doing transactions they burn automatically so many investors prefer to keep their tokens until later the price can indeed increase, and the team that manages the project does plan like that if later the supply is limited and the price will increase, but this can not necessarily happen because everything needs a process, If indeed the price can increase by doing such burning then this project we can follow.

You are right, BOOM need to add some utility to there token right now they are used for nothing but just to buy and hold until the price goes high. The price is too low these days and it will take time before price will go high. Also remember they start with hue supply of tokens.

We saw huge price hike in bitcoin prices but nothing happened with BOOM and other deflationary tokens. It seems like its independent of Bicoin price change and that makes it very suspicious for investment. All alt coins prices are hugely dependent on bitcoin and if BOOM cant move with BTC then it cant move on its own.
galambo
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March 19, 2022, 06:54:31 PM
 #335

BOOM is a new project that makes a unique design to increase the attractiveness of investors, by making automatic combustion then this will be considered every transaction and this way will many investors who choose to hold until the value can increase, if at any time there will be a transaction then BOOM will be more limited then most likely the price can increase, I want to explore this project if it has the potential then participating is the solution.

So how much you have exploded BOOM so far or its because you wanna complete your signature posts of the week?
BOOM and other deflationary coins have a drawback that they are starting with a huge supply of coin and it will take considerable time before there supply will go down to some level. In short if you are investing in BOOM then you need to wait for quite sometimes.
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March 23, 2022, 05:23:03 PM
 #336


So how much you have exploded BOOM so far or its because you wanna complete your signature posts of the week?
BOOM and other deflationary coins have a drawback that they are starting with a huge supply of coin and it will take considerable time before there supply will go down to some level. In short if you are investing in BOOM then you need to wait for quite sometimes.

That;s not the case with BOOM only. Every coin that comes new in the market faces same resistance. I am sure team behind BOOM must be well awar of these drawbacks and will launch some solutions to fix it. It will take some time before supply will come down to some reasonable level .
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March 24, 2022, 06:10:21 PM
 #337


So how much you have exploded BOOM so far or its because you wanna complete your signature posts of the week?
BOOM and other deflationary coins have a drawback that they are starting with a huge supply of coin and it will take considerable time before there supply will go down to some level. In short if you are investing in BOOM then you need to wait for quite sometimes.

That;s not the case with BOOM only. Every coin that comes new in the market faces same resistance. I am sure team behind BOOM must be well awar of these drawbacks and will launch some solutions to fix it. It will take some time before supply will come down to some reasonable level .

But how long a coin continuous to face the resistance. We saw BTC ATH last year of 67k but this coin refuses to move up despite all bull trends in the market. There are just few spikes in BOOM last year journey. Seems like BOOM is launched only to face the resistance.
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March 25, 2022, 06:41:27 PM
 #338


But how long a coin continuous to face the resistance. We saw BTC ATH last year of 67k but this coin refuses to move up despite all bull trends in the market. There are just few spikes in BOOM last year journey. Seems like BOOM is launched only to face the resistance.

You cant blame BOOM for that its a coin that is launched with huge supply of coin and its price will go up only when token supply will surpass the demand. That will take some time and those who can wait for sometime can invest in this token after doing necessary R & D. Its not dead as there is lots of activity going on in BOOM.

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March 27, 2022, 05:45:08 PM
 #339

Something serious happens with BOOM in Dec last year. You can see its price pattern its going down since Dec 2021. BOOM really need some massive pull whether from dev team or from investors otherwise it will continue to go down and will cease to exists like many other coins.
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March 28, 2022, 05:54:01 PM
 #340

Something serious happens with BOOM in Dec last year. You can see its price pattern its going down since Dec 2021. BOOM really need some massive pull whether from dev team or from investors otherwise it will continue to go down and will cease to exists like many other coins.

Thats very unfortunate that after going up the coin has gone down and is now at the verge of collapse. But if someone is willing to take risk and has patience to wait for sometimes then BOOM is a good option. There is not much risk involved in buying this coin at current price. Rest DYOR before buying this coin.

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