Post
Topic
Board Altcoin Discussion
Re: Deflationary Tokens
by
janak3
on 07/09/2021, 17:35:28 UTC
if you see behavior of deflationary tokens in current bull run, you wont be saying that. every new idea need some time for recognition and if you are not a scam and a good team is behind the project then you are deemed to success, no matter which industry you are in.

It doesn't matter whether they will bull run or not, but this is a fact you have to accept, because this token deflationary if not accompanied by a product, then it will just be a normal feature. You're talking about a legit project, of course a legit one and having a product might bring success, but please understand my comments about what kind of project. I'm talking about the hype that has happened, a lot of project with the deflationary feature, tokens such as having special features coupled with automatic staking, look more attractive before it being hyped. However, for now, this feature is a commons feature, nothing special. The more projects with the same feature, the less attractive the feature will be.

Sir I understand and honor your point fully. You believe that if a coin doesnt have a real world use case it will be just short lived hype. But I am of the view that if a coin get success, use cases joins the coin. See BTC for instanace, it has hardly any use case associated with it in the start but as it gets success, there are things getting associated with it.