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RE: Hamaru (MARU) to the moon! πŸ’ŽπŸ’ŽπŸ’ŽπŸš€πŸš€πŸš€

in #maru β€’ 3 years ago

Oh, well you're ok and that is what matters, I always keep an eye on your post, especially if they are about extraterrestial life, they are really cool and i learned a lot front you so far, i dint have a clue a month ago on how burning tokens would rise the price for naming one example of something you personally teached me.

So im gonna keep look, see you on next post :3

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Yeah if they did a big HIVE coin burn, we would see the price sky rocket up too.

How big? 1m 10m?

It would be owosome :D

Yeah you never know, one day they could do a hard fork and add in a coin burn too, it's all up to the witnesses. LEO does coin burns, but then they printed up a bunch after their defi hack to pay everybody back and the price went way back down! 10M would be good!

Well, what about a burn post? Like everyone do a post Today to burn it off or something like that?

Good idea, Burn post Fridays or something might be something to market!

If power up day became a thing, burn up friday could also become another one.

I still gonna participate on the pizza token contest, i need money, my fiancΓ©e is pregnang and i win 30$ a month on my work, i won more money on hive this past week than with a month of hard work.

And im taking another shift in order to save money for the childbirth, also making some noise, im literally burning my self down front over work to save money so the child can be born in the cheapest clinic i can affort.

What i can do besides, is take a more "neutral" aproach on my post, and thank you for that advice, if people can print more money every time they want, money would be worthless, including tokens.

Btw, there is a contest of pizzatoken to talk about it, i think im gonna do a post on it, still not a big fan of those tokens :D

Β 3 years agoΒ (edited)Β 

I'm not a fan of most HIVE-engine tokens because they are all centralized. These tribes can print up (issue) coins all they want. Even POB could, although pob claims they will never print more, it is still based on some trust. A few coins like @lassecash have an actual hard cap set in the code so they cannot just print any more up ever, but that is the only tribe I know that has that safeguard actually written in the code.

That is something that i find hard to trust on tribes you know, i have talked one to one with beard the creator of pizza token, he seens like a nice guy but i have yet to find any info that guarantees that they wont be able to change or alter the price when they want to.

Is kinda a hard pill to swallow because as someone born in venezuela, i have my fair share of "let's print more money" moments on my mind, and it never works out, it allways ends in messing with the economy :S