Quote from: andriarto on January 17, 2020, 03:56:58 AM

Quote from: MI6 on January 17, 2020, 03:46:28 AM

Quote from: damar09 on January 15, 2020, 11:50:37 PM

sometimes I think if you look at the amount of token supply in such a large amount that trillions and trillions after the project runs several months or years, the token will be burned, what for if you make tokens with a large supply, but will be burned, ...?

Roll Eyes

I think that is kind of strategy to attract investor. Not resist that burning token usually make developer can pump their token and who actually pump it is users who believe that it can be pumped because less supply and will make a lot of demands. Grin

if the tokens circulating are still small, I think burning tokens will only have a momentary effect if there are no products needed by many people. when the news comes token will be burned will certainly attract investors to buy it so prices rise due to reduced supply, after the price surges there will be many investors selling it, and here the team's task is to keep growing

That depends on what kind of tokens that have already burned by the team. If the burned tokens are coming from the circulating supply that has already bought by the team use the revenue that they are getting it from their product and that will be affecting the price of coin. If the team was burning the tokens that were coming from their pre-mined coin and that will not give even a small impact on the market. You must see the aspects behind the token burn. You can't say if any token burn will result in the rise of coin.