Post
Topic
Board Speculation (Altcoins)
Re: BOOM - First Self-Burning Cryptocurrency Based on Smart Contract
by
crypto_geek55
on 06/06/2020, 18:07:13 UTC

@crypto_geek55, your deflationary token can be compare with what happened to bitcoin then (year 2009) cause people dont like the idea of bitcoin then because they are not properly aware of it theory and i was once among those kind of people but, that change after i study and read the concept BTC.
The reason why people don't take the token concept serious is because we already have more than enough tokens/coins with different protocol why would an investor choose a token which 1 of his token will be burn whenever he received transactions. Mind you, 95% of every investors are after profit not lost.


You are right, the crypto market is saturated but the beauty of the crypto market is that it always welcomes new ideas. Everyday we saw new coins with new concepts among them one is deflationary tokens. BOOM is attracting 50k to 100k USD of daily volume, which clearly shows that investors have faith in this coin.