Post
Topic
Board Altcoin Discussion
Re: token supply
by
andriarto
on 17/01/2020, 03:56:58 UTC
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