these are the kinds of geniuses investing in electroneum. people who don't even understand how the market works and thinks a coin will automatically go up in value due to a coin burn. i had to go back like 10 pages to find this gem. cafe has posted damn near 100 posts shilling electroneum in 24 hours.
I got a title loan on my 2013 Honda Accord for $10k. I invested the $10,000 into FLiK.
After it 10x -20x I will have $100k - $200k and will either get a red or yellow used or brand new Lamborgini Gallardo V-spec!
sorry but that is dumb. to take huge gains like that only to blow on a used lamborghini instead of adding to retirement and just playing with maybe 10% of it. but hey, i'm not your financial advisor
The thing is I'm driving a crappy used Accord. In 11 days I will have a LAMBO just by Holding flik. Easy trade with zero work involved. This is a rare opportunity. Once in a lifetime for me to finally have a luxurious car.
Total market cap / Current coins = .13 cents
If you burn %80+ of the coins its worth 8x more/ ~ $1.00 with no trades, its automatic profit.
This is quite brilliant to read, while a coin burn allows more potential for growth in the future as it requires a higher individual price to reach a greater market cap it makes little to no difference to current price, some people are quite amazing.