Deflationary Tokens

[UpBots]

I personally have come across many deflationary tokens or coins, they are actually good for innvestment cus the more transaction are done, the more the coins are burnt, the more the coins are burnt, the more the supply is reducing to create more scarcity, and the more scarce a coin is resulting from low supply, the more the price is likely to go up.
But it still surprises me that even as good as the above sounds, i havent really seen a successful project with deflationary token or coin, they all end up as pump and dump coins, and this is for those ive personally bought in the past, am still holding one that is called blaze defi, its just been like six or seven months and the project already looked like it been abandoned as theres no much activity in their telegram aNYMORE.

In crypto HODLers never loose. Buy at dip and HODL. There isn't much risk involved in current price. People HODL BTC for years and see its price from almost 0 to 50k in just 10 years. In HODLing we trust.

[Fivestar4everMVP]

I personally have come across many deflationary tokens or coins, they are actually good for innvestment cus the more transaction are done, the more the coins are burnt, the more the coins are burnt, the more the supply is reducing to create more scarcity, and the more scarce a coin is resulting from low supply, the more the price is likely to go up.
But it still surprises me that even as good as the above sounds, i havent really seen a successful project with deflationary token or coin, they all end up as pump and dump coins, and this is for those ive personally bought in the past, am still holding one that is called blaze defi, its just been like six or seven months and the project already looked like it been abandoned as theres no much activity in their telegram aNYMORE.

In crypto HODLers never loose. Buy at dip and HODL. There isn't much risk involved in current price. People HODL BTC for years and see its price from almost 0 to 50k in just 10 years. In HODLing we trust.

Sorry but I totally disagree with you mate, that crypto holders never loose depends on what you are holding, you can buy the dip of a good project or even buy at the top and still make good profit if you are patient enough, but if you unknowingly buy a shitcoin, and along the line, you discover the coin you invested in is a shitcoin, buy this time, there isn't anyone to sell to anymore cus no one is interested to buy, you end up with your that coin in your wallet forever with absolutely no value and no way to sell it even if it's for a peanut, this means you've lost your money, I've bought countless ICOs that ended up scam and I ended up loosing my money.

[nesfe]

Sorry but I totally disagree with you mate, that crypto holders never loose depends on what you are holding, you can buy the dip of a good project or even buy at the top and still make good profit if you are patient enough, but if you unknowingly buy a shitcoin, and along the line, you discover the coin you invested in is a shitcoin, buy this time, there isn't anyone to sell to anymore cus no one is interested to buy, you end up with your that coin in your wallet forever with absolutely no value and no way to sell it even if it's for a peanut, this means you've lost your money, I've bought countless ICOs that ended up scam and I ended up loosing my money.

Well how can we decide a project is good or bad? there are many projects with good use case and other stuff fail to make any impact. While once a shitcoin in 2010 is ruling the market. Every coin is a shit coin before it see its first bull run. You have to make your decision on time to catch the train.

[dogtana]

PundiX will decrease the supply divided by 1000!! Also request network burned 10.000 tokens yesterday.

[pinko5]

PundiX will decrease the supply divided by 1000!! Also request network burned 10.000 tokens yesterday.

I dont think PundiX is deflationary or not but deflationary token main aim is to lessen the supply of tokens with time. This will create shortage of tokens in the market and rise in price of tokens over time.

[Kitaiev]

You have given too little background information. I'll start with the fact that it is better not to carry money to projects that have only some kind of idea. It is better to invest in those projects that will allow you to sleep well even if they lose 40% of your invested funds.

[nesfe]

In crypto, no pain no gain. If you want complete security of your investment then invest in some govt scheme where profit is fixed and risk is zero. If you prefer to join wild fire of crypto then be ready to take risk.

[Om.monata]

for me when we have joined and get profit quickly it is not a problem. but we have to be careful in being in the token, because it can end at any time without us knowing it. so even though it is at risk there will be a gap to get profit

[KngrKhna]

for me when we have joined and get profit quickly it is not a problem. but we have to be careful in being in the token, because it can end at any time without us knowing it. so even though it is at risk there will be a gap to get profit

supply of these deflationary wont go to zero over night, it will take years to be zero. We just need to buy when its at dip and sell when its bullish. dont stay in here forever.

[XinZang]

for me when we have joined and get profit quickly it is not a problem. but we have to be careful in being in the token, because it can end at any time without us knowing it. so even though it is at risk there will be a gap to get profit

supply of these deflationary wont go to zero over night, it will take years to be zero. We just need to buy when its at dip and sell when its bullish. dont stay in here forever.

This is a serious concern among investors that how long it will take to make take the supply to zero. If I am HODLer and I buy and came back after 1 year, wts the probability that coins will be there and not burned?

[ChinkoCharlie]

We are almost at the end of bull run (as far as I see). In current bull run we didn't saw deflationary coins going up. Primary reason may be the fact that they are very new and investors have invested money in coins that are already floating for many years.

[TedBkgr]

Deflationary Tokens are new in the crypto market, they came at a time when investors confidence was greatly shattered by scam ICOs. If these projects are real then it will take them a while to establish there credibility.

[LUCKMCFLY]

We are almost at the end of bull run (as far as I see). In current bull run we didn't saw deflationary coins going up. Primary reason may be the fact that they are very new and investors have invested money in coins that are already floating for many years.

Excuse me, what criteria do you take into account to say that we are at the end of the trend? The altcoin season has not started yet, this means that there is much to happen, I have not even seen all the altcoins in green or new projects that are in green, as it was in 2017, of course they are not currently met. conditions of that year, because now we are in a pandemic that has not yet happened and that even so there are vaccines in the world, new strains continue to come out, but bitcoin has reached almost $ 60k, and altcoins have not taken that trend that He has us used to it, some altcoins can reach x2 x3 x5 and still nothing, do you think that will not happen? what already happened?

 If the market falls it is very difficult for us to see the Altcoins season, so do you think we are in the bullish trend? or is it still missing? In my personal opinion, I think there is a long way to go for the bullish trend.

[ChinkoCharlie]

We are almost at the end of bull run (as far as I see). In current bull run we didn't saw deflationary coins going up. Primary reason may be the fact that they are very new and investors have invested money in coins that are already floating for many years.

Excuse me, what criteria do you take into account to say that we are at the end of the trend? The altcoin season has not started yet, this means that there is much to happen, I have not even seen all the altcoins in green or new projects that are in green, as it was in 2017, of course they are not currently met. conditions of that year, because now we are in a pandemic that has not yet happened and that even so there are vaccines in the world, new strains continue to come out, but bitcoin has reached almost $ 60k, and altcoins have not taken that trend that He has us used to it, some altcoins can reach x2 x3 x5 and still nothing, do you think that will not happen? what already happened?

 If the market falls it is very difficult for us to see the Altcoins season, so do you think we are in the bullish trend? or is it still missing? In my personal opinion, I think there is a long way to go for the bullish trend.

Sir being senior member I stand no way near your oponion. My humble suggestion is that when bitcoin fall to 51k, many like me thought that its end of bull run but it wasnt like that bitcoin came back strongly. Almost all strong altcoins have enjoyed this bull run and I dont think those in red will turn green.

[ddal3]

The only thing that's worrying abut deflationary coins is the fact that coins in wallet that are sleeping will also be burned with time or not? Secondly is there any date that specifies the end of supply?

[sunny28]

There are a lot of such tokens on the market, but this does not ensure that the price of the coin will constantly grow-no.

I saw a lot of examples when people simply weren't interested in the coin, even though it had a diinflationary effect on the market.

And so Bitcoin is a great deinflationary product)

[Cappex]

I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

I believe that many of these are born for speculative purposes and therefore I advise you to be careful, it is also true that I have read something about it in anticipation of ETH2... I don't know but I don't like the idea.

[ddal3]

There are a lot of such tokens on the market, but this does not ensure that the price of the coin will constantly grow-no.

I saw a lot of examples when people simply weren't interested in the coin, even though it had a diinflationary effect on the market.

And so Bitcoin is a great deinflationary product)

Whether a coin will go up or not is very hard rather impossible to predict. The biggest example of this is bitcoin.
Bitcoin is not deflationary coin rather it has controlled inflation.

[ChinkoCharlie]

I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?

I believe that many of these are born for speculative purposes and therefore I advise you to be careful, it is also true that I have read something about it in anticipation of ETH2... I don't know but I don't like the idea.

We need to be well aware of every coin we invest in crypto doman. DYOR and then invest in project of your choice. AFAIK, deflationary cons are new and well take some time. They will defiantly go up, we just need to be patient for that.

[azadm1]

If you see history of deflationary coins then its evident that they have bullish season in the past they have enjoyed there first flight. Lets not underestimate these coins and have faith in them.