You are literally cucking yourself if you aren't buying REQ right now

You are literally cucking yourself if you aren't buying REQ right now.

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Imagine eth but everytime you make a transaction on the ecosystem the circulating supply goes down and the ether spent is burned

????
Easiest buy of my life, so happy to be in on this so early even if its only 2btc worth

What if all the tokens get burned?

>what if all Bitcoins get bought-out

Every time a token gets burned, the value of the rest of the tokens go up, so less tokens get burned per transaction the more tokens have already burned. It depends on their fee and burn algorithm, but I trust they are smart enough to set it up in a way where it very much shrinks slower and slower and effectively never goes super low.

Not the same thing. When someone buys bitcoins, it doesn't disappear, but just changes ownership (but still exists).

But if I'm getting you guys right, using REQ destroys a quantity of the total REQ in existence.

So whats stopping all the REQs from going extinct from multiple usage? Is someone going to introduce more into the market? Doesn't sound like a good idea.

Please dont bother explaining this to biztards. Let them stay poor.

the number of reqs burned adjusts accordingly. and req has something like 12-18 decimals?

This concept is really not that hard. If people don't understand it let them sell for 50% ico to me please. I will show them once the system is running

>buy REQ
>get my tokens burned
>"LOL U GET DA PRICE INCREASE BCUZ THER R LESS"
>price increases in pace with the tokens you lost in the burn

Pure Pajeet turdcoin

Understood. So as more REQ is used, the amount burnt per transaction decreases. makes sense.

But I'm looking at it from a super-long term perspective.

Could all the REQs theoretically get burnt after 50 years?

No.

Why not?

Well when they end up burning 0.000000000001 req the sun will burn out before they run out

Each time less REQ fee is used. And they go up in value.

It has 18 decimals.

vitalik.ca/general/2017/10/17/moe.html

Please stop being retarded you have people that love you, don't let them down like this

Its like starting at 1 and dividing by 2 repeatedly. You will never ever reach zero.

Every time someone uses the system, a REQ fee gets burned from a random holder. So yes, it increases the price but at the same time someone could burn your REQ by using the system as intended. Its like educated gambling at this point.

Well in pure math you would

dumb fuck. what d you think, they would just randomly "burn" someone elses token?

B-bullshit!

this is the mindset of the people I am ripping off when I sell at 100x ? nice. making money off from retards #thisiscrypto

jesus christ. what a total brainlet lmao

Where does it get burned from then, retards? You're basically burning down the whole supply like this, then when the circulating supply is just a few thousand tokens worth $25k each they just dump the millions of tokens they kept aside for themselves at that price and make billions, while you Pajeets are stuck with the 0.00001REQ they didn't burn yet.

>Every time someone uses the system, a REQ fee gets burned from a random holder

the absolute state of Veeky Forums

>hurrdurr why don't you just do my homework for me then, retards?
read the whitepaper

Ok I am nice now. A pays the Request of B by sending him 10 Ether and a fee to the request network. This fee ether is then used to buy Request at a decentralized market (Kyber if that is ready by then or another one if Kyber doesn't deliver in time) and then this bought Request token is burned. The value of all remaining request tokens increases. The next time the system needs to buy less Request tokens to cover the same fee costs. Just having the system run will constantly decrease the Request token supply and you can then wait as long as you want and sell at a price you are satisfied with or inherit the tokens to your grand children.

You should be given an award or something, it's been a while since I've seen this level of retardation.

You are right? How do we avoid this situation?

the scammiest project i've read about sim comfido (they actully called it comfido , for 100 comfiness ahahahahahhahahah. )

Req will be an ecosystem of pays, i feel like i found a diamond in a beach day.

I have lost money on Confido...is this a scam too??

>I don't know how it works but I assume nothing will go wrong
Oops

Dont listen the retards

Partner with kyber, vitalik is advisor of kyber.

Both are serious team

>a deflationary utility crypto
>not just a pump and dump
Pick one and only one you fucking retards

Dude, the confido guy was called Just Von Doom. Who would trust a guy with that name?

req isnt stopping guys

Sell walls getting destroyed at binance 1k sat here we go

Yeah, it does seem a bit scammy with the burning mechanism. buy it if you want the devs to "burn" your money... lol

Don't just say random shit to FUD. The devs don't get to keep the burned tokens you fuckknuckle

You clearly don't have the faintest understanding of economics. What happens to the price of an asset when demand continues to rise and available supply gradually decreases?

holy fucking kek, my sides

lmaoooo pls be larping

>Reqt
Aaaand DUMPING again. Hahahaha. What a shitcoin.

Req going for 1k sats and top 100 on CMC

wait this isn't top 100 yet? god damn this shit is undervalued af

>tfw only 27k req

This touched a 70% gain for me weeks ago, and dipped back down to 20%. Really tough to keep my fingers away from the sell button at this point, but I know the moment I do it'll 2x. Not worth it.
Going to bed.