Post
Topic
Board Tokens (Altcoins)
Re: [ANN][POWR][UPDATE] *** POWER LEDGER TOKEN SALE STARTS FRIDAY 8TH SEPTEMBER ***
by
oleksii777
on 12/04/2018, 09:53:07 UTC
Hello. I do not agree with this. There are many examples when coins are not burned and they grow in price. The most important thing is how the developers will develop the coin. Good luck to all.
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Guys, if you constantly burn coins and your business goes well, how long will your coins last? Have you counted?
Coins are burnt when the hard cover is assembled, but there are extra coins left. As far as I know, the developers basically always do this.
Hi ! As far as i know, they will have enough token supply for over 5 years of the company’s lifespan. When amount of the company tokens decreases below a level disruptive to the operation, a new token will be issued and offered in exchange for all remaining tokens. I may be wrong tho Smiley
Interesting information, but if you burn tokens, then the value of coins increases, won't the authorities of America consider this an investment?
When you burn tokens, not at all token will increasing their value, it depend on a many other factors like : buyers, community,.. etc. I'm not sure the token will increasing their value after ICO end, but i believe they can grow stably.
From personal experience, most tokens grow in price after it is produced burn remaining tokens. Of course depends much and from holders of these tokens. Cases and huge dump with subsequent death of token happened. All is very ambiguously and slippery and to count on rise in prices after flaring foolishly.