Hawking burning as a means of increasing price is a simple way to tap into the greed factor. That is how scammers draw in victims. Inexperienced and unsophisticated investors are bedazzled by bogus claims of amazing price moves that will magically appear if Shib is detroyed. It is an illogical and flawed expectation. Burning appeals to those seeking short term large scale price moves. Shib is a long term investment. Anyone promoting the burning of Shib is either unaware, ignorant, or hiding the fact that Shib is NOT a short term play. This is my opinion; do your own research. But, please, if you can find a past example of a successful crypto burning program, please share it, Because no one has been able to do that yet
Shiba Inu Burning
4 years ago in #crypto by electroguy (45)
$0.33
- Past Payouts $0.33
- - Author $0.18
- - Curators $0.15
298 votes
- sultnpapper: $0.08
- gillianlien: $0.02
- ipumba: $0.02
- instatrashed: $0.02
- mayb: $0.01
- wdougwatson: $0.01
- acousticsteveo: $0.01
- andrepol: $0.01
- fitinfunfood: $0.01
- thearned: $0.01
- shadowolfdg: $0.01
- spbesner: $0.00
- relaxedmale: $0.00
- anli: $0.00
- nickt300: $0.00
- schoolofminnows: $0.00
- chriscodes: $0.00
- simplylizelle: $0.00
- skizoweza: $0.00
- armadilloman: $0.00
- and 278 more
Congratulations @electroguy! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 1500 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!