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RE: Chart Of The Day: Do You Still Believe In Your Tokens?
Thought I was the only once noticing the number, no trader would want to enter into any market without taking analysis of what has happend in the market in other to predict the direction of the market, most of these communities are just dishing out free tokens forgetting someone has to buy back. It's the survival of the fittest, strongest chains survives weakest chains die off. Thank for this hopefully Developers will fix it in time.
This buyback is more complicated, for example, some issuers are burning tokens already. Or are trying to find use cases. But I'm afraid selling pressure can persist in the long term. The tokens are basically very inflationary.
Thank you.