Quote from: enhu on June 25, 2020, 06:14:50 PM

Quote from: RomiM on June 25, 2020, 06:09:33 PM

Inflation in a controlled manner always bring rise in price as we have seen in bitcoin. On the other hand ethereum has no limit of how many eth will be generated and is also doing good. Deflationary tokens like BOOM can also make a good impact since they are bringing down the total coins in circulation. They are new that's y such coins have to answer so many questions.

Ether is a utility token which anyone with ERC tokens will need it when sending. Anyone engaging in ERC tokens and trading will need ETH that is why its not going zero. But with Boom its yet unclear what its purpose but just deflationary token not very different to the team burning the own tokens milestones after milestones yet the price didn't change over time.

That's true. I think burning down token is a utility in itself. Not many coins are burned on every transaction just 1%. People are scared of them like they will be gone the next day they work up. I am keeping an eye on them as well as in my portfolio also.