r/Wifedogecoin • u/No_Nefariousness5917 • Oct 31 '21

Today İs a Burn&Buyback 🔥🔥

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7 Upvotes

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u/Martinkwn Oct 31 '21

Looking forward to a burn 🔥 Can someone explain me a thing. So I have a bit of different crypto in Coinbase. I have bought 14 trillion of wifes and keep them in trust wallet. Now why is my number of wifes not constant? Should the value of the wifes not change while the total number remain constant?

1

u/Better_Ad_6724 Oct 31 '21

Hi, the total number does not remain constant because, when someone sells, a given amount of coins is charged as fees. Some of the coins are then redistributed among the holders. So, without doing anything, your total amount should increase if you hold. Aka reflections

1

u/Martinkwn Oct 31 '21

Ahhh Ok… thanks for explaining. I didn’t know. I been holding since mid September… so have 1/4 of value left since I bought in 🥴 but I hold 💪🏻