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Re: NewTrader2017 post# 1620

Wednesday, 09/07/2022 7:36:54 PM

Wednesday, September 07, 2022 7:36:54 PM

Post# of 2180
The first few days of supply burn will be epic at these prices. But remember as price goes up, less and less coins get purchased and less and less get burned.

So you can’t lock in one day and assume that burn amount will continue. It will reduce dramatically as price rises.

Now if we bounce up and down at these levels multiple times than we could see a lot burned in short period of time.

We will see. Certainly worth the risk
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