Quote from: tippytoes on January 05, 2021, 09:31:27 PM

Quote from: Jamesdila1 on January 05, 2021, 09:26:54 PM

Is there opportunity to speculate on these tokens and make money off of some greater fool? Oh hell yeah.

Do I see any of these deflationary tokens doing long term good for the world and having some intrinsic value? Hell no

Being deflationary token doesn't always mean that they can gain value thru time. Actually, most of them will be dead in few months. The dev team is just enticing users that its value will grow overtime. But if there will be no actual application in the market and just banking on price manipulation, then, there's no hope for this kind of project. There's should be tangible use in the market so that it will survive.

Deflationary is a concept that is altogether different from crypto tokens launched till date. I am still doing my research on the fact that can a token having only deflation at its core can survive in the crypto world and my conclusion is that its possible.