Post
Topic
Board Tokens (Altcoins)
Re: Transburn Announcement (Deflationary Token)
by
champ005
on 24/07/2019, 17:46:31 UTC
I like the project because I think they’ve got a good number of things going fine. It’s my first deflationary project, and I don’t know how this works. Where can Transburn tokens be used?

There's a popular opinion that deflationary tokens are the next big win in the cryptocurrency space. Due to the consistent reduction in the number of tokens in circulation, there's most likely going to be an increase in the value of tokens and with transburn total supply of 1,000,000 tokens, its a good investment choice.

i don't really know how deflationary is going to help improve the value of any cryptocurrency because changing total supply of token in circulation won't have much effect except for the fact that it gonna make the token scarcer

People looking at crypto as an alternative to the paper currencies, but if they these currencies start burning tokens /coins then I dont it will be oppositeto what I was thinking till now