Cryptocurrencies whose supply in the market is constantly decreasing, to a predetermined and contracted amount are called deflationary cryptocurrencies. The deflationary system for cryptocurrencies is completely different from deflation in the strict economic(traditional) sense. In the prevailing conditions of deflation in traditional markets for the same amount expressed in fiat money, after a while you can buy more goods or services offered – this, of course, is directly related to the increase in the purchasing power of fiat money. In the world of cryptocurrencies, in turn, deflation is subject to token or coin, and their value will fundamentally increase relative to national currencies.

In the case of deflationary cryptocurrencies, the constitutional premise is to gradually reduce
the existing number of available tokens by eliminating them from the market in a process that is
generally called token burning. Such a state of affairs, in essence, will lead to an increase in the
valuation of tokens while reducing their amount. It should be added here that burning tokens does
not destroy them in the literal sense of the word, but only permanently prevents their use in the
future. Burned tokens are placed in a special public wallet, which is called “eater address”. The
status of tokens contained in this wallet is published on the blockchain network, and all tokens
contained in it, as already mentioned, are permanently blocked.

The elimination process can be achieved through the following actions:

1. burning a certain percentage of available tokens,
2. purchase tokens and then burn them, or block them,
3. removing tokens from circulation by placing them on special platforms for this purpose.

Deflationary cryptocurrencies are gaining more and more interest in the blockchain
architecture mainly thanks to one of its biggest advantages, which is undoubtedly maximizing their
value by increasing the valuation of tokens in proportion to the decrease in their amount in
circulation (circulating supply).

Basketcoin web site:

Basketcoin Whitepaper:

Telegram Global:

Telegram Polska

Basketcoin Twitter:

#basketcoin #bskt #deflation #deflationary #inflation #inflationary #bitcoin​​​ #ethereum​​ #altcoins​​​ #chainlink​​​ #altcoin​​​​ #altcoinbuzz​​​ #THETA​​​​ #PAID​​​​ ​​​​​​​​​​​​​​​​​​​​​​​ ​​​​​#Investing​​​​​​​​​​​​​ #Cryptocurrency​​​​​​​​​​​​​​​​ #Invest​​​​​​​​​​​​​ #Binance​​​​​​​​​​​​​ ​​#news​​​​​​​​​​​​​ #BTC​​​​​​​​​​​​​ #success​​​​​​​​​​​​​ #finance​​​​​​​​​​​​​ #entrepreneur​​​​​​​​​​​​​ #business​​​​​​​​​​​​​ #market​​​​​​​​​​​​​​​​​​​ #altcoinbuzz​​​​​​​​​​​​ #eth​​​​​​​​​​​ #nfts​​​​​ #IoT​​​​​ #crypto​​​ #poland #polish

Timestamps
0:00 Introduction to Basketcoin BSKT
2:18 BSKT Public Sale
4:02 What Makes Basketcoin Deflationary?
6:36 Social Media Resources
7:13 $2000 Giveaway in BSKT

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Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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The post Basketcoin: Why BSKT May Be the Ultimate Deflationary Crypto Asset appeared first on Top Crypto Game.

#CRO #crypto #bitcoin #VISA

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Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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Layah speaks with Nitin Agarwal, Founder of B21

B21 web site:

Twitter:

#B21 #crypto #nft

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Timestamps:
0:00 Introduction to B21
0:58 What is B21 and where did the name come from?
5:02 How is B21 Different from Other Exchanges?
7:27 What are the trading fees and staking returns?
9:52 What rewards/perks make the B21 card special?
12:18 How was Q1 for B21?
13:38 Can you describe the new staking feature?
15:34 What is your involvement with NFTs?
18:33 Private Keys and self-sovereignty

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Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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The post Can this Crypto Investment Platform Bring in Blockchain's Next 100 million Users? appeared first on Top Crypto Game.

#CRO, #Crypto.com, #altcoins

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www.crypto.com

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Timestamps
0:00 Introduction to Crypto.com
0:50 10 Reasons to Consider Crypto.com and CRO Token
6:33 Crypto.com Partnerships

References:

Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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The post Crypto.com Review: 10 Reasons CRO Token is About to Soar 🚀 appeared first on Top Crypto Game.