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13556036 No.13556036 [Reply] [Original]

The EOS block producers are about to pass a resolution to burn 34,171,037 tokens ($164,020,977 worth) of accumulated inflation. One more vote and it goes through. Just thought I'd give you faggots the heads up.

>> No.13556092

>>13556036

900 Million more to go faggot

>> No.13556101

>>13556036
u are kidding right link?

>> No.13556104

>>13556101
https://eosauthority.com/approval/view?scope=eosnationftw&name=retiresaving&lnc=en

>> No.13556128

>>13556036
EOS suddenly the most bullish project in crypto.

>> No.13556132
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13556132

>>13556036
what does this mean? bearish?

>> No.13556153

>>13556036
It's from the savings account. How does that normally get filled? Is it a percent of of transaction fees?

>> No.13556161

>>13556132
Lower supply means lower demand. I’d sell right now and wait for a better buy in.

>> No.13556165

>>13556132
It means two things:
1. The BP's are demonstrating a huge degree of integrity by burning the tokens instead of keeping them for themselves
2. The circulating supply will decline by 34 million, which will increase the market cap and increase scarcity of the token. This probably means a price increase, but who knows in this market.

>> No.13556173

>>13556036
>the EOS block producers
Isnt that like one person tho?

>> No.13556181

>>13556153
Right now EOS has 5% inflation, but 4% of it goes to the savings account and only 1% gets paid directly to the block producers.

>> No.13556218
File: 212 KB, 1038x1179, EOSbps.png [View same] [iqdb] [saucenao] [google]
13556218

>>13556173
You've been spending too much time on reddit my dude

>> No.13556238

>>13556161
Thanks for the lol. If anyone believes something this stupid they deserve to lose everything.

>> No.13556616

The god coin
The only coin that matters

>> No.13556729
File: 317 KB, 635x854, Screenshot_2019-05-07_23-27-15.png [View same] [iqdb] [saucenao] [google]
13556729

it is done

>> No.13556794

>>13556729
Lol. What a shitcoin.

>> No.13556827
File: 961 KB, 444x250, vitalikpenisrub.gif [View same] [iqdb] [saucenao] [google]
13556827

>>13556794
>sirs pls buy my shitcoin instead

>> No.13556831

>>13556036
This centralized coin has no legitimate future if I’m being honest with you.

>> No.13557004

>>13556827
c r i n g e

>> No.13557014

>>13556831
well quite literally your opinion doesn't really make a difference in... well... anything in life.

>> No.13557029
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13557029

cool, good to see some level headed EOS posts here. been in since ICO

>> No.13557041

>>13557014
He's right though