Quote from: crypto_geek55 on June 06, 2020, 06:07:13 PM

Quote from: suzanne5223 on June 04, 2020, 07:24:22 PM

@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.

Crypto market is an extensive setting and every new ideas are welcome but speaking on daily volume of $50K to 100K range, the last time i checked the token never cliched daily volume of $100K. Besides, the market manipulation activities done by some project owner, only newbies will rely only on crypto daily trade volume to choose his investment without putting into consideration the utility level, liquidity, community support level etc.