/biz/ - Business & Finance

>>51580565
It fluctuates a lot because all they do is look at current burn rate and propagate that out thousands of years

I will tell you exactly how this will play out. The burn rate will bounce up and down now, but over the long run it will trend downwards because 1) the chain is dead and worthless for DeFi and 2) the moonboys will inevitably lose interest. Percentage transaction taxes will always kill onchain activity. Price will decline further and further as interest wanes, of course with little bumps here and there that will be celebrated like the second coming of christ by the bagholders. And in the end, anyone who bought into that rubbish will cope by saying "well I only threw in $10" (even though it was more like $500, but that's besides the point).

>>51194881
>he thinks txs burn taxes will save his dead shitcoin
btw I'm already rich (not from crypto), I just like popping into the /biz/ cultist threads to laugh at poorfags