Quote from: champ005 on July 27, 2019, 09:02:05 AM

Quote from: AngelJoshua on July 26, 2019, 03:47:11 AM

Quote from: justsimpleram on July 25, 2019, 04:36:48 PM

Quote from: AngelJoshua on July 25, 2019, 01:21:56 PM

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Quote from: AngelJoshua on July 25, 2019, 12:35:48 AM

Quote from: Tszunami98 on July 24, 2019, 01:29:01 PM

What is the point in haveing this kind of sistem?
I dont understand how deflation is such an important property that an entire token should be built around it.
What are the other proprties of the coin?

I noticed too that this last few months a lot of deflationary tokens projects are coming out. Well I guess why most of the people now are choosing these projects because it's really promising like once the supplies got smaller we can really expect something on its price.

Can someone explain me in short summary what's difference between deflationary tokens and other tokens? This way me and other people like me can understand the good and bad points.

The only thing I know about it is the markets are the one who will going to decide on what will going to be the price of it. I mean everytime the tokens supplies getting burn on each transfer the price will really going to increase soon.

The price of the token will depend on also to the holders of the tokens, because while burning the tokens that didn't sell holders can sell it, what price they want or higher to its retail price they can manipulate the price by means of trading because they are the holders this happens most of the time.

It's actually always happening but I don't think that's what really why they called it deflationary or or why they really wanted this kind of project to start. But what we are only sure about is the people behind it are really have a reasons why.

What type of transaction will cause the burning of one percent tokens ? Only transaction done by trading will be considered or if someone used token for playing tokens will also considered?

There is 1% burn for any on chain transaction which reduces the total supply.