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Author Topic: Deflationary Tokens  (Read 3778 times)
Gorosden
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November 28, 2020, 07:28:53 AM
 #201

It's really a shame how deflation tokens faded away so fast, the use case never lasted for long, the kinda failure from STO projects too, some use cases are just not going to work in crypto space I guess, burning off tokens when making transactions sounds cool but not just a good reason to invest in such projects, not a good utility for a real asset.

chitchat
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November 28, 2020, 05:05:12 PM
 #202

Going through the comments on this thread one point is very clear that people are interested in coins that have use cases along with payment system. I m sure deflationary token team is having an eye on whats posted here.
wtr1133
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November 29, 2020, 06:50:45 AM
 #203

The only thing missing in deflationary coin is a use case and I am sure as soon as we have a use case for these deflationary coins they will defiantly land on moon and nothing can stop that. Those who invest when coin is down are ultimate winners.
SamaBB
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December 08, 2020, 06:35:02 PM
 #204

It's really a shame how deflation tokens faded away so fast, the use case never lasted for long, the kinda failure from STO projects too, some use cases are just not going to work in crypto space I guess, burning off tokens when making transactions sounds cool but not just a good reason to invest in such projects, not a good utility for a real asset.

If you see stats of deflationary coins like BOOM, one thing you will notice is the volatility. On one day the market volume is in million while on other day it is in thousands. If we carefully buy deflationary coins at dip, there is fare chance of getting good profit in short run. They are good for day trading.
dekhla
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December 12, 2020, 05:10:26 PM
 #205

Its getting difficult day by day to pick alt coins, since there are thousands of alt coins in the market. Deflationary tokens are in there very initial stages and the supply is relatively high these days. As time passes there supply will go down and chances are that price will go up. DYOR before you jump into any coin. Its just my opinion.
floodsitu
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December 14, 2020, 06:48:48 PM
 #206

They have got enough fame on different exchanges as coins who decreases in numbers with time. They now need to attach some real world use case with these tokens. Once we have this, it will surely be going to moon. 
UpBots
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December 19, 2020, 06:52:03 PM
 #207

Crypto is bullish as never before but deflationary coins like BOOM are in mood of joining this bull run. May be in next bull run they may run with btc. Nonetheless its disappointing for BOOM holders that they wont be able to sell there tokens in this bullish season.
Ryushin
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December 19, 2020, 06:54:37 PM
 #208

Deflationary tokens are complete jokes, they don't just works or should I say they don't just fit in? I thought this will work but so far all the projects that use deflation are not doing so well, maybe it's because they only based on the deflation use case? It's pretty hard to see a high quality project using deflation instead of inflation

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December 21, 2020, 05:55:51 PM
 #209

Deflationary tokens are complete jokes, they don't just works or should I say they don't just fit in? I thought this will work but so far all the projects that use deflation are not doing so well, maybe it's because they only based on the deflation use case? It's pretty hard to see a high quality project using deflation instead of inflation

In crypto every new project is a joke until it meet success. Deflationary tokens are in there very initial stages and it will take some time before the team understand real challenge in taking crypto to mainstream adoption i.e. adding a real use case with the project.
zonefloor
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December 21, 2020, 08:28:21 PM
 #210

Most of the new or existing cryptocurrencies are implementing this process. But investment should not be made in each of them. In my opinion, the team should be examined first. It should definitely be checked whether the team is creating a system to develop their platform and to use cryptocurrency. Many new cryptocurrencies are coming out, but most of them are garbage. Therefore, it is very important to use their platform already.
Toobusy
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December 25, 2020, 04:05:01 PM
 #211

Most of the new or existing cryptocurrencies are implementing this process. But investment should not be made in each of them. In my opinion, the team should be examined first. It should definitely be checked whether the team is creating a system to develop their platform and to use cryptocurrency. Many new cryptocurrencies are coming out, but most of them are garbage. Therefore, it is very important to use their platform already.

Thats the core of investment strategy in crypto market i.e. DYOR before you jump into any of the coin. Most comments here about cryptos are based on just personal likeness and dis likeness. We dont have many oponions here that are based on true research.
anknok
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December 26, 2020, 04:20:37 PM
 #212

Those who learn the art of buying at right time and HODLing wins every trade. These deflationary coins are in there very initial stages and thats the primary reason there prices are low. With time the dev team will learn what spice is missing to take them to moon. If you are buying deflationary coins right now, then forget them for 2 to 3 years.
FaucetKING
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December 26, 2020, 04:25:54 PM
 #213

These are one of the top features that i like when talking about the new technologies. Their purpose is to reduce the number of the circulating coins/tokens which means that the initial circulating supply might be so high which influences on the price and might causes a growth decrease. Burning some sort of amount when a transaction is being confirmed will bring more investors because a lower circulating supply means a higher price in the future which is just going to make investor's hype grow day by day. It's good, that rule might not be always valid but that's the deal.
anknok
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December 27, 2020, 05:03:29 PM
 #214

These are one of the top features that i like when talking about the new technologies. Their purpose is to reduce the number of the circulating coins/tokens which means that the initial circulating supply might be so high which influences on the price and might causes a growth decrease. Burning some sort of amount when a transaction is being confirmed will bring more investors because a lower circulating supply means a higher price in the future which is just going to make investor's hype grow day by day. It's good, that rule might not be always valid but that's the deal.

I agree with your point that initial circulating supply of coin may be so high that may lead to decrease in value. Burning this massive supply to create scarcity and that too within short span may achieve the goal i.e. increase in price with less supply.
floodsitu
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December 30, 2020, 06:38:31 PM
 #215

These are one of the top features that i like when talking about the new technologies. Their purpose is to reduce the number of the circulating coins/tokens which means that the initial circulating supply might be so high which influences on the price and might causes a growth decrease. Burning some sort of amount when a transaction is being confirmed will bring more investors because a lower circulating supply means a higher price in the future which is just going to make investor's hype grow day by day. It's good, that rule might not be always valid but that's the deal.

I agree with your point that initial circulating supply of coin may be so high that may lead to decrease in value. Burning this massive supply to create scarcity and that too within short span may achieve the goal i.e. increase in price with less supply.

BOOM started with 1 Billion coins and now the circulating supply is 782 million coins. This means there are people who are using this coin and that's why over 200 million coins have been burned so far. In coming 3 to 4 years there circulating supply will decrease to significant level.
SerbSerc
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December 31, 2020, 04:53:15 PM
 #216

The idea is not new but in crypto world its a new introduction. BTC has controlled inflation and investors inspired with this will love to invest in such tokens. There is a huge community who believe in investing in coins that go down in supply with time.
nesfe
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January 02, 2021, 07:18:40 PM
 #217

Whenever we have a new project everyone fell crazy about new token and start buying it without doing any research on that project. This project need to be researched well before we start investing in it.
Alohadanc3
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January 02, 2021, 08:44:49 PM
 #218

This market is full of new and hyped coins every day. If you do some research you could find that icos are hyped one time then ieo comes the exchange coins are hyped one time. Deflationary tokens are the same. Suddenly people started to talk about it and then many decs started to launch this deflationary tokes. For few days it was in hype then people started to lose interest. And now nobody talk about this deflationary tokens. But if you thing that some of the best deft coin have future you can put your money on it.

anknok
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January 03, 2021, 05:42:59 PM
 #219

This market is full of new and hyped coins every day. If you do some research you could find that icos are hyped one time then ieo comes the exchange coins are hyped one time. Deflationary tokens are the same. Suddenly people started to talk about it and then many decs started to launch this deflationary tokes. For few days it was in hype then people started to lose interest. And now nobody talk about this deflationary tokens. But if you thing that some of the best deft coin have future you can put your money on it.

Its mostly about investing at right time. Many invested in right time in IEO/ICOs and got the profit in time and quitted before the collapse of particular ICO/IEO. If you want to get benefit from volatile nature of crypto then you have to take risk, no pain no gain.
StateraGod
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January 04, 2021, 01:33:58 AM
 #220

Has any of you heard about Statera? In Statera, deflation is used as mechanism to capture value to single token, which is designed to live inside a balancer liquidity pool. For better explanation, check out their medium or website.
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