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  ·  2 years ago  ·  

So what if you assume that? Do you not recognize the obvious implication that if the coins aren't on the market or traded they don't, and cannot effect price?

Ok, then so be it... And a psychological effect by reduction of supply?

  ·  2 years ago  ·  

You mean people will dump their stake because it might get 'burned' otherwise? Intended vs unintended effects.

I mean, if there is an all in all reduced token number, that it could trigger buying behavior..

  ·  2 years ago  ·  

Why would that be, because less tokens means more desirable? Why would people buy into a chain that just burned tokens?

Why would that be, because less tokens means more desirable?

Yes, why not?

Why would people buy into a chain that just burned tokens?

Huh???? ShibaInu is burning all day every day i.e.: https://www.shibburn.com/

  ·  2 years ago  ·  

It doesn't translate to more desire to buy, especially when the chain isn't advertising burning tokens. Again as others have mentioned, this is much more like theft than not.

Ok👍🏽