Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FLiK
by
VinnyVo44
on 10/10/2017, 20:03:13 UTC
Is the idea of burning coins new? Have you ever seen something similar in other projects?? Is it safe?

Idea actually isnt new, some projects done that already.
And it is safe if you keep coins in your own wallet when burn happens.

Thanks for your reply! I have a question though... What happens if you leave your tokens on one of the exchanges? And, if it is not the first case of burning coins, how did it go with others? Did the price increase after that? Thanks again!

When did decreasing supply ever have a negative effect on price. 85% burn it will likely go 10x, but lets see. TRIG burned 70% of their supply and it went 10x+.