Less supply of coins = more value per coin. Does selling it for nothing trump that?
Supply AND demand,
Determines price.
It doesn't matter what the supply is if there is no demand.
UTILTY CREATES DEMAND!
Utility is where the value stems from, not the supply.
Exactly, burning a Tabasco the Bull doesn't create any more demand for collectors to buy one. If I have 10 and burn the price I can sell the remaining 9 for doesn't increase.
If it's utility and demand, why wouldn't less supply mean higher price?
Having 3 apples at that people value at 33 sats and eating 2 apples, or selling 333,333 BCH, (or whatever is a substantial amount of BCH) wouldn't affect the buying price?
