If the demand is contant and supply goes down (by e.g. burning), the price of the remaining supply must go up.
Loop back
#iLOVEonChainPostsBCH
IS
NOT
*JUST*
ABOUT
THE
PRICE
Of all the ways to increase price
(if this is what you are limited to)
Burning is the laziest,
most deceitful.
Goodbye
Burning coins is kind of like burning a Tabasco the Bull thinking it'll make all the other extant Beany Babies more valuable/desirable. In reality it's just a token gesture(wakawaka).
I agree it is lazy, and we should seek to grow value in other ways. I was just stating how the market works.
