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Author Topic: Tokens/coins with insanely high inflation will not be not profitable ever  (Read 86 times)

hunter_garl

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Aside from them having no use cases...

* Price of one token will automatically decrease when there's a flood of free tokens getting into markets and scarcity of the token decreases.

* Even if you look at it from the point where your bag wouldn't necessarily lose value as in whole, as it too is increasing with the circulating supply there's one thing you forget, and that's traders. Traders use altcoin or fiat money pairs to do technical analysis, and it obviously will look bad when the trader sets the targets. That would mean that charters would need to use marketcap graph to find a bullish TA and probably no one would even bother to do that as very few do it now.

* Rebasing as a solution is worst possible as it eats away the whole idea of having high interest from staking in the first place.

So why the hell do they keep coming back on the markets?

CryptoboyRamesh

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  • Re: Tokens/coins with insanely high inflation will not be not profitable ever
    « Reply #1 on: September 09, 2022, 04:42:55 AM »
    Simply these mediocre project are the product of developers that want quick profit in the market of crypto. They feed on the money of dumb traders that always taking risk on this kind pump and dump project. They are the ponzi of crypto an using the smart contract and cheap website to create cheap project for there token. These tokens will keep coming back as long as there’s a trader buying it.

    This is the norm on crypto and we can’t dictate dumb traders to not buying this kind of bullshit tokens because they have there own bullshit reason to lose there money

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    Review_Master2

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    Re: Tokens/coins with insanely high inflation will not be not profitable ever
    « Reply #2 on: September 11, 2022, 04:54:40 AM »
    Because of hypes? Projects becoming liquid if there is and community saw it. Traders ride with it based on the possible and safest factor a project shows. Like a good chart and has a plausible parameters to gain such movement. Even though there isnt use case, I doubt traders are checking those things aside from the bullish direction of the chart and some indicator pointing to the path of gains. Thats how the system works.

     

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