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Author Topic: BOOM - First Self-Burning Cryptocurrency Based on Smart Contract  (Read 3719 times)
coinism
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March 30, 2022, 05:42:02 PM
 #341

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.

I don't think this coin has any potential left that can take it up in days to come. IMO token burning alone can be of no use unless you have a strong utility and BOOM failed to place any utility in this token. Moreover there are lots of tokens that BOOM and other deflationary tokens starts with, it will take some time before the supply will go down a bit.
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March 31, 2022, 06:52:57 PM
 #342

Market is taking turn as Bitcoin is trying to break resistance of 45k and once this resistance is broken we may see again the bull market. Once there is bull market triggered by btc then alt coins also joined that market. Anyone interested in cheap coins then he must buy them now.
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April 02, 2022, 06:43:27 PM
 #343

If you see the website of BOOM then its evident that coin is listed on so many exchanges including top ones like BitMart and MXC. Now this coin can see a moon shot if there is news that coin is going to be listed on Binance or anyother such top exchange.
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April 05, 2022, 05:11:04 PM
 #344

If you see the website of BOOM then its evident that coin is listed on so many exchanges including top ones like BitMart and MXC. Now this coin can see a moon shot if there is news that coin is going to be listed on Binance or anyother such top exchange.

listing the coin on exchanges wont do the job unless we see some real features with this coin. There are many shit coins on big exchanges like binance. So the focus should be not be on listing boom on exchnages but to add some features to this coin.
galambo
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April 07, 2022, 04:36:03 PM
 #345

If you see the website of BOOM then its evident that coin is listed on so many exchanges including top ones like BitMart and MXC. Now this coin can see a moon shot if there is news that coin is going to be listed on Binance or anyother such top exchange.

listing the coin on exchanges wont do the job unless we see some real features with this coin. There are many shit coins on big exchanges like binance. So the focus should be not be on listing boom on exchnages but to add some features to this coin.

That may be true to some extent but take it other way around that not all coins that have good utilities and listed to exchnages are gold. There is trade off and IMO there is no guide on coin that can give good return in future. IF you want to invest in Boom then this is the time to invest in it.
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April 11, 2022, 04:58:48 PM
 #346


That may be true to some extent but take it other way around that not all coins that have good utilities and listed to exchnages are gold. There is trade off and IMO there is no guide on coin that can give good return in future. IF you want to invest in Boom then this is the time to invest in it.

You wanna invest in this coin then go for it on your cal. IMO its a long wait and invest only if you have patience. Because I dont think BOOM will have a good shot in coming days. It will take time.So be careful.
ChpCms
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April 13, 2022, 10:07:52 AM
 #347

If you see the website of BOOM then its evident that coin is listed on so many exchanges including top ones like BitMart and MXC. Now this coin can see a moon shot if there is news that coin is going to be listed on Binance or anyother such top exchange.

listing the coin on exchanges wont do the job unless we see some real features with this coin. There are many shit coins on big exchanges like binance. So the focus should be not be on listing boom on exchnages but to add some features to this coin.

Well if you see deflationary coins paradigm then it very much clear that they are created to be bullish and volatile. There utility doesn't matter, all you need is to keep these coins alive till there quantity goes down to some level. The party will start once there supply surpass there demand.
galambo
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April 17, 2022, 04:22:39 PM
 #348


Well if you see deflationary coins paradigm then it very much clear that they are created to be bullish and volatile. There utility doesn't matter, all you need is to keep these coins alive till there quantity goes down to some level. The party will start once there supply surpass there demand.

I am following this coin for quite a while but haven't seen any moment in this coin till date. I am not very hopeful about this coin and chances are that may be the team behind this coin has left it and now this coin is on its own. If there is any moment left then this coin must have shown some respect for the investors.
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April 17, 2022, 06:00:17 PM
 #349

Suppose we'll have to wait and see for a bit.
graygelato
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April 18, 2022, 04:03:40 PM
 #350

Suppose we'll have to wait and see for a bit.

you are very much right, We have to wait and see where this coin is heading. Right now there is nothing certain about BOOM as its only going down and down though  there are few spikes in the price. I am not in hurry so I can wait for indefinite time.
galambo
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April 19, 2022, 05:09:30 PM
 #351

Suppose we'll have to wait and see for a bit.

you are very much right, We have to wait and see where this coin is heading. Right now there is nothing certain about BOOM as its only going down and down though  there are few spikes in the price. I am not in hurry so I can wait for indefinite time.

Patience is the key for every crypto project. You cant become rich overnight. If you have the patience to wait for 6 months to 1 year then BOOM is for you I am saying this because in next 6 months to 1 year price will go up since the token burning will decrease the supply of BOOM tokens which are deflationary one.
ddal3
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April 20, 2022, 11:16:26 PM
 #352


Patience is the key for every crypto project. You cant become rich overnight. If you have the patience to wait for 6 months to 1 year then BOOM is for you I am saying this because in next 6 months to 1 year price will go up since the token burning will decrease the supply of BOOM tokens which are deflationary one.

I differ here, see the history of this token its only going in down word direction. Patience and wait has its own limits, you cant wait for indefinite period of time. I dont there this coin can go up in next 6 months based on its news from the owners and price.
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April 22, 2022, 05:34:50 PM
 #353


Patience is the key for every crypto project. You cant become rich overnight. If you have the patience to wait for 6 months to 1 year then BOOM is for you I am saying this because in next 6 months to 1 year price will go up since the token burning will decrease the supply of BOOM tokens which are deflationary one.

I differ here, see the history of this token its only going in down word direction. Patience and wait has its own limits, you cant wait for indefinite period of time. I dont there this coin can go up in next 6 months based on its news from the owners and price.

Dont say that a coin going in down direction has no chance of going up in future. In crypto we cant say that a coin has a bad history that means its future is also dark. Just do some research on BOOM, its still very much in the competition.
domoy77
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April 22, 2022, 07:08:30 PM
 #354

Patience is the key for every crypto project. You cant become rich overnight. If you have the patience to wait for 6 months to 1 year then BOOM is for you I am saying this because in next 6 months to 1 year price will go up since the token burning will decrease the supply of BOOM tokens which are deflationary one.
That time also can't guarantee that profits can come easily into BOOM, because all of that also really depends on the number of BOOM token enthusiasts on the market for 6 months or for one year.
So holding certain tokens for a certain period of time is not bad, but the profit is always related to the number of enthusiasts and demand in the market.



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coinism
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April 23, 2022, 06:41:56 PM
 #355

That time also can't guarantee that profits can come easily into BOOM, because all of that also really depends on the number of BOOM token enthusiasts on the market for 6 months or for one year.
So holding certain tokens for a certain period of time is not bad, but the profit is always related to the number of enthusiasts and demand in the market.

This is very much true that more token burning means lesser the supply of BOOM and if at the same time there is demand in high then surely price will go up. I think apart from token burning they must also focus on creating utility of the token because token burning alone cant increase the price of BOOM alone.
Championt
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April 24, 2022, 05:46:51 PM
 #356

That time also can't guarantee that profits can come easily into BOOM, because all of that also really depends on the number of BOOM token enthusiasts on the market for 6 months or for one year.
So holding certain tokens for a certain period of time is not bad, but the profit is always related to the number of enthusiasts and demand in the market.

This is very much true that more token burning means lesser the supply of BOOM and if at the same time there is demand in high then surely price will go up. I think apart from token burning they must also focus on creating utility of the token because token burning alone cant increase the price of BOOM alone.

I would say its more about gamble then anything else. We will keep on discussing and tokens that have to go up will go up for unknown reasons despite the fact they have very small or no utility. Keep this factor in your mind if you are investing.
TedBkgr
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April 26, 2022, 06:16:22 PM
 #357

The deflationary coins are created with a very straight forward concept. You buy them and hold them till the time there supply goes down and when there demand goes beyond there existing circulation then you can claim your profit. If you have courage to wait then you can go for it.

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coinism
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April 29, 2022, 06:42:02 PM
 #358

The deflationary coins are created with a very straight forward concept. You buy them and hold them till the time there supply goes down and when there demand goes beyond there existing circulation then you can claim your profit. If you have courage to wait then you can go for it.

I keep on saying but no one is listening that you don't just need to buy and HODL these deflationary coins. Even if there supply go down to minimum the price will go up only if they have some utility like solving the real world problem. Don't think that burning the coin alone will increase the price.
YinShuiSiYuan
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May 07, 2022, 06:22:22 PM
 #359

The deflationary coins are created with a very straight forward concept. You buy them and hold them till the time there supply goes down and when there demand goes beyond there existing circulation then you can claim your profit. If you have courage to wait then you can go for it.

I keep on saying but no one is listening that you don't just need to buy and HODL these deflationary coins. Even if there supply go down to minimum the price will go up only if they have some utility like solving the real world problem. Don't think that burning the coin alone will increase the price.

Seems like BOOM is taking break now after few down word spikes. Whats interesting is that data of 24 hrs volume and volume/ market cap is not available on CMC anymore. But still if anyone thinks that BOOM has chance to go up then this is the right time to invest in this coin. Rest do share your opinion about this coin.

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bitgov
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May 08, 2022, 10:48:00 AM
 #360

Seems like BOOM is taking break now after few down word spikes. Whats interesting is that data of 24 hrs volume and volume/ market cap is not available on CMC anymore. But still if anyone thinks that BOOM has chance to go up then this is the right time to invest in this coin. Rest do share your opinion about this coin.

The way BOOM was going it was very much expected that it will stall at some point and this is the point now. Now those who have invested in BOOM need not to panic rather just show some patient. There is notthing to worry if you have bought this coin in recent one month or two. Market is bearish and so are alts.

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