How the currency being burned?

[علي سليمان 1071]

The coin is burned by whales who manipulate the price of the currency and then sell their balances, then the price of the coin drops, and if no one buys it, it will inevitably disappear.

[Saberali 530]

The coin burning is a method to increase the value of a coin by burning some of it with every transaction. When some coins are burnt the total supply of coins in circulation goes lower and the price goes higher. This is also done to keep the value of a coin stable and to encourage investors not to sell their coins. Only coins that support proof of burn (POB) can use this strategy.

[lubinshah 562]

Hello dear, I think currency being burned on different occasions, it's too stricky to find out how all this happened?? Well actually I have personally no more idea about this, I am sorry to say, but I will get this idea soon...

[Sena1234 972]

yea burning a coin is always a good thing and whenever a coin is being burned that means the price will go up because there now less coins in the market..

[Xantosis 426]

Well for me i haven't an experience with how the coin is being burned I think it is not getting old because it is an online currency it can be easily transferred to another place and the exchange medium takes very few amount of capital.

[emilywillson 666]

First of all, thank you my friend for providing you with this important information about burning currency, as some digital currencies are burned in order to reduce their price or isolate them from the global digital currency market.

[Alish198562 436]

Thank you for the special information I think the reason behind burning coins is to reduce the number of tokens on offer. Developers and miners hope to make the tokens that remain in circulation scarce and, therefore, more valuable.

[Mica 308]

This is a new thing am coming across to today burning of currency that is not also the real currency but also digital currency which can not be seeing but can be mining and also be invest on for it benefit and other profits.

[Jami ss 843]

Hello my dear friend I want to tell you that the cryptocurrencies are very useful at this time in Oliver's about it and when a currency is burned and the price of that currency is it going high-end market I hope you understand

[AboQusai 155]

Thanks for this new information because I did not know it, I was thinking if some coins were burned, talk in the same way that you mentioned, you are in the subject, hoping that the price of the currency will improve and stop its collapse, will it be a useful idea?

[Anower 79]

Hello dear, I think currency being burned on different occasions, it's too stricky to find out how all this happened?? Well actually I have personally no more idea about this, I am sorry to say, but I will get this idea soon...

[Shajada 115]

The coin burning is a method to increase the value of a coin by burning some of it with every transaction. When some coins are burnt the total supply of coins in circulation goes lower and the price goes higher. This is also done to keep the value of a coin stable and to encourage investors not to sell their coins. Only coins that support proof of burn (POB) can use this strategy.

[White3319 463]

Thank you, dear friend, for this information about me. I did not know about burning cryptocurrencies and why this is done. Therefore, we always need to clarify some points about unknown information, and our topics must be of interest.

[joemcgwa 3227]

The currency been burned by its developers when they need to bust the demand for their coin by reducing the coin supply in a certain percent, so that's when there will be lack of that coin, the price must be increasing because of its demand and supply.

[Merry Cherry 670]

Yes as the coin is burned as we know that the value and price always increased die to the shortage of the coin. The market has less coins so they need to burned the coin to covered thw shortage. Burning of coin sometimes give you benefits some time losse you. 

[dlal88 725]

It is a natural thing to burn a currency in order to increase the profit taking for investors and the main goal of it is to increase its price very quickly and pump large profits as many emphasized that burning the currency may lead to a significant decrease in the price of the currency and I hope that the encrypted currencies will increase correctly without any other interests behind This