Sloth Meme Contest Week 5

image.png

I really like burn posts, I know, it's sort of pointless voting on a burn post... but is it really? Creating scarcity is a good thing. It helps create deflation. For any token of any value, deflating the supply does (or should) increase demand.

So slothy is doing good work here, he's taking his valuable tokens and DUMPING them in the DUMPSTER FIRE.

But we all have to admit, sending tokens to @null (one of the richest accounts on HIVE) seems a waste. But maybe not really...

image.png

@NULL must really like BPC token, as there are (burned) over 8 quadrillian BPC.

image.png

That's a lot of burned up BPC token! Wow! There is a much more reaonsable amount of SLOTHBUZZ in the burn account:

image.png

That's over $100 USD of SLOTHBUZZ that will never be on the market to be sold! It's FROZEN in the BURN account! LOL.

Posted using sloth.buzz



0
0
0.000
26 comments
avatar

Burn posts definitely have their charm, and you're right, creating scarcity can have a positive impact on value.
Deflationary moves like these can indeed spark demand.
Slothy's dedication to tossing valuable tokens into the proverbial dumpster fire is both amusing and commendable in its own way.

!DOOK
!BBH

0
0
0.000
avatar

!LOL

Posted using MemeHive

0
0
0.000
avatar

If burning increases coins value, why doesn't it happen to BPC?

0
0
0.000
avatar

That is a valid question. I would suppose what little value they have would be significantly less with an additional 8 quadrillian more tokens in circulation.

!BBH

0
0
0.000
avatar

To @null and beyond! 🚀 ️‍🔥️‍🔥️‍🔥

Screenshot 2024-12-18 at 8.59.11 pm.png
We've already sent 578,000 HELIOS to null, (out of 1 million max token supply!) At this point we are firm believers in the dynamics of HE Token Burning!

0
0
0.000
avatar

[@PowerPaul:]

Hey buddy. The @CryptoCompany Voting Service and its trail were here - for free because of the content!
Thank you for your support & Hive a great day!

You like to support CryptoCompany or PowerPaul? Check out the posts from within the last 7 days!
Quick 🎄 Christmas 🎄 Update on what I have been 💪 Supporting @ CryptoCompany CEO 🔥 Project
[ENG/DEU] NEWS, UPDATE, REMINDER: What Is CCD & What You Can Do with Your CCD in the Best Use Case + NEWS & SPOILER
[ENG/DEU] "CCD repurchase & burn" #5 | The cash register is filling up! Vote this post & boost your token!
LIL: [ENG/DEU] Table 04 for the LMAC Community & When You Write About CryptoCompany or Design Images
[ENG/DEU] "CCD repurchase & burn" #4 | Quote: "Let's make CCD .001 again!" Vote this post & boost your token!
LIL: [ENG/DEU] Wooden Boat 01 for the LMAC Community & When You Write About CryptoCompany or Design Images
[ENG/DEU] Today I would like to give you something that you may have lost
LIL: [ENG/DEU] Ship "Bronno" for the LMAC Community & When You Write About CryptoCompany or Design Images
[ENG/DEU] "CCD repurchase & burn" #3 | Great progress so far! Vote this post & boost your token!
[ENG/DEU] Let's Find, Promote and Use Comment Commands!
[ENG/DEU] "CCD repurchase & burn" #2 | First rewards pending! Vote this post & boost your token!
LIL: [ENG/DEU] 4 Blimps for the LMAC Community & When You Write About CryptoCompany or Design Images
[ENG/DEU] What about the CryptoCompany office?
[ENG/DEU] "CCD repurchase & burn" #1 | We begin to buy & burn! Vote this post & boost your token!
[ENG/DEU] Due to the high demand: Pause for new entries in the voting service for the rest of the week + GREAT NEWS
[ENG/DEU] Bro Bang Event 20 is over, 21 has started + EVENT & SEASON RANKINGS

!LOLZ
0
0
0.000