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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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3943275 No.3943275 [Reply] [Original]

FunFair just burned about 6 billion tokens, but Coin Market Cap and other trackers haven't updated supply metrics yet. The price is going to increase on decreased supply alone.

Get in now!

>> No.3943311
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3943311

>>3943275
No.

>> No.3943325

>>3943275
I'm strapped in.

>> No.3943356

maybe

>> No.3943468

the burned tokens weren't circulating, so no change

>> No.3943490

>>3943275
PRICED IN
R
I
C
E
D

I
N

>> No.3943529

>>3943490
LMFAO HOW IS A COIN BURN PRICED IN HOLY SHIT THE ABSOLUTE STATE OF THIS BOARD IS CRIPPLINGLY PATHETIC

>> No.3943563

yah shulda went up by know
no!?!?

>> No.3944099
File: 193 KB, 500x652, WhoLikeHavingFun.png [View same] [iqdb] [saucenao] [google]
3944099

>>3943490
While this is sort of true, burning almost one third of the total supply should effect growth over mid to long term. Remember we have a dev release next week and then Devcon3 the week after. Now with a smaller total supply, we can finally begin to get our long awaited moon missions without the "muh total supply" argument derailing the issue.

Long story short, I fucking love this coin. Cheers Jez, see you on the moon.

>> No.3944176

Oh shit, just checked their Twitter page. They hired former William Hill director David Greyling on as the new Chief Opperating Officer. This will go orbital.

>> No.3944608
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3944608

Price won't be going up until it gains traction, social awareness. Aka, Dev Con, announcements of major partners and the alpha release later this year. This is because us long-term holders don't care about selling a single token nor care about the value it's at now. People who want to trade short-term won't find this very FUN, so it's their loss if they expect to chase pumps. All the "burn when" idiots are now weeded out, but we still have whales setting sell walls on Etherdelta. Maybe they'll cut it out too, who knows. But the point is that I'm happy to "bag hold" this throughout 2018 and so should be many others.

>> No.3944633
File: 48 KB, 237x217, 1489426032866.png [View same] [iqdb] [saucenao] [google]
3944633

>>3943529
>All caps
The absolute state of a suicidal bagholder... tell me anon. Are you going to mention FUN in your parting letter?

>> No.3945091
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3945091

>>3944633
>FUD shilling this hard

>> No.3945598

They didn't burn circulating supply, so it won't affect the price in the short term.

FUN is a nice coin to hold anyway, buy the dip.

>> No.3945786
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3945786

Got in at 515 thinking it wouldnt go below 500. Please kill me

>> No.3945800
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3945800

>>3945598
Just like I said here >>3944099 except less informative and you were off by one

>> No.3945818
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3945818

>>3945800
Twice in a row. Remember kids, have some FUN in your life.

>> No.3946021

I believe the funfair team is very interested in long-term strategies and not interested in short-term hype. Good for them.

That also makes it a terrible short-term investment.