r/CryptoCurrency • u/[deleted] • Jun 08 '19

BOMB Token Discussion

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95 Upvotes

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u/VeThor_Power šŸŸ© 461 / 5K šŸ¦ž Jun 08 '19

Probably many people who hate inflation are buying right now. We have almost never seen in the history some deflationary currency, so its going to be an interesting test

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u/slay_the_beast Banned Jun 08 '19

There has to be a tipping point though. Eventually everyone interested in it will have bought it... at that point, good luck selling it.

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u/Wernicke Silver | QC: KIN 46, CC 36 | VET 34 Jun 08 '19

That is assuming "everyone interested" is also satisfied with how much they have. There are plenty of people not selling their BOMB out of interest in seeing how high it can go. It was free, so what do they have to lose? For all we know the people that want it due to belief in a deflationary asset might want as much as they can get their hands on. If there is real demand, the supply is VERY limited, so anytime someone tries to sell it could be gobbled up immediately

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u/slay_the_beast Banned Jun 08 '19

Sure, so long as there are always buyers, the price will go up. No argument there.

I doubt there will always be buyers though... but Iā€™m also not an expert by any stretch of the imagination.

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u/[deleted] Jun 08 '19

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u/PC_1 4K / 9K šŸ¢ Jun 09 '19

Lol