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RE: Cent Burning post #44
That is an intriguing design.
I fear, however, that simply burning rewards does not really support the price of the coins.
#hive-engine seems to suffer from a lack of buyers.
I started the account @buynburn. The idea with this account was to move the HBD and HP rewards to HIVE-Engine. I would then place lowball bids on coins and burn any coins I purchased.
I received negative feedback from whales. Also, I was running it on an old computer that was really slow. I might start the project again.
!ALIVE
0E-8 BEE
Some whales don't care about hive-engine and don't like the idea of getting HBD issued to buy these tokens.
Burn isn't good enough BUT it has a cool action it slow down the emission rate. I don't have a olt of HP so anyway i have to keep at least a part of the HivePower so i can continue des posts and give some RC to the other accounts.
My idea might not be the most efficient but it still deacrese the daily supply since a part of the token are burned and the other are keep in the account and become "unactive".
@buynburn would be a really cool idea, when i get enough HP to start getting some hive rewards i'd love to give a few votes
!LOLZ
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@burn-cent! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ yintercept. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
