I'm sending liquid BLURT to BP holders who burn BLURT. The more BP you have, the bigger bonus you get
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Awesome. I will burn some more Blurt.
Is it good or bad to burn crypto?
Good
Source: https://bitkan.com/learn/what-does-it-mean-to-burn-crypto-is-it-good-or-bad-3976#
November is coming to an end and it looks like December will be colder due to the incessant rainfall, which means we'll have to make bigger bonfires than ever 🔥🔥🔥🔥
Thanks for sending blurt to me
On the issue of blurt burning I think I still need to read more about it and understand every nitty gritty about it and not just to do it base on self interest on vote getting.
Although since the new development of blurt burning I haven't been getting the vote from @ctime as much as I love to understand new things before jumping into it so much more i need to understand this burn burning and the cause and effect.
Is it good or bad to burn crypto? 🔥 🔥 🔥
Good :
Source: https://bitkan.com/learn/what-does-it-mean-to-burn-crypto-is-it-good-or-bad-3976#
Some simple Math :
There is already over 521 million Blurt and rising by 8 % every year. (Inflation)
There will only ever be 21 Million Bitcoin.
Blurt is worth .003 …. Bitcoin is worth $37,000 USD
Which one is better ?
The one with more coins or the one with less coins ?
If we burn enough Blurt maybe in a few years we will have only 21 Million Blurt.
The best way to get there is to get 1,000,000 new Blurt Bloggers … burning Blurt with fees.
The next best way is to send 50% of your rewards to @null
It's good to burn crypto.... says right there on a website!
Sure … what has more value ? Silver or Gold ?
Silver : In total, there is roughly 7.5 trillion kg of silver available throughout earth's crust. It is estimated, that some 1.4 billion kg of silver have been mined throughout human history. Plus whatever we find on other planets, asteroids, comets etc etc …
Gold : 244,000 metric tons (221 Million kg) of gold has been discovered to date (187,000 metric tons historically produced plus current underground reserves of 57,000 metric tons). Plus whatever we find on other planets, asteroids, comets etc etc …
Bitcoin : 21 Million Total
Blurt : 521 Million + 8 % more each year
There are lots of Altcoin burning out there, the goal is clear, namely to reduce the number of tokens that will enter the exchange, believe me if the blurt is not burned then the token you hold today will just be a worthless token.
So it would be very stupid today to just pile up tokens and not think about anything 🙄🙄
Agreed 100%
I get ur point very clear but do you know the total supply of blurt and again is there a total amount of blurt that can exist just like Bitcoin which is 21 million. Please kindly provide answer to my question.
Paying people to modify their behavior benefits you, but not the platform. This is the opposite of proper curation.
I'm paying out of my own pocket, how this benefits me?
I think you're one of those who lost my vote, it dimmed the main objectives of this bot - to lower inflation and to encourage people to invest in their own accounts (the more accounts with a large number of BP, the more manual curators we have, the more decentralized blockchain is)
Wow, I didn't realize you were so dishonest that you would pretend to not know how your recent changes are benefiting you.
If you want to lower inflation, then that can be done through the witnesses. But that would not financially benefit you so you won't pursue it.
How? Please explain
it seems to me that you absolutely don't understand that I'm trying to build a system that rewards bloggers like you (with high BLURT POWER)
Your last post earned 300 BP, if you set 50% @null you would get 300 BP + around 250 BP from me and mmmmkkkk and about 100 liquid BLURT - divide BLURT POWER by 2, so, you get 275 BP +100 liquid BLURT
you could get 75 BLURT more and burn a lot of shit
I invite you to cooperate, maybe you have some better ideas. This bot is still under construction. For example, after HF I would like to add support for the communities
No, they are on the edge of profitability, if BLURT price drops to $0.0025 they will have to subsidize the business. That's why I think the only way to improve the financial situation of this blockchain is to burn BLURT and encourage people to do POWER UP. That's why I'm giving away my own BLURT to BP holders
If you really want BLURT to go up, stop selling so much of it. You are the problem you are pretending to fix.
There is the beloved @Blurtbooster Robot Algorithm that rewards good long Content on Blurt. There is the new @Pepe.voter to reward memes and short content. @ctime has decided to buy up all the Blurt on Hive-engine and then Burn the rest.
I think the guy is a genius.
See how much Crypto he has acquired ???
The guy is a genius . He only wants Blurt, Steem etc etc to skyrocket.
Why complain about his project ?
Interesante ❤️