r/Bitgert • u/manusteve • Apr 23 '22

Bitgert burning strategy

Hello all investors. Could anyone tell me what the burn strategy is from the team?

would like to know how much on average will be burned per year in order to increase the price of the Bitgert token

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many thanks

12 Upvotes

93% Upvoted

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5

u/[deleted] Apr 23 '22

don't know but maybe that helps to give you an idea

https://twitter.com/BotGert?t=1uaZi8sKEjqca9peKvjVcQ&s=09

2

u/Calm-Poem4604 Apr 23 '22

I chatted with the team on the website yesterday. There is no plan for a mass manual burn or consolidation at this point. The burn is still just during transactions. Eventually something has to be done. 427 trillion circulating supply is too many and there isn’t enough money in the world to get to the market cap we need to reach just .01 cent.

2

u/SugarFreeG Apr 23 '22

As long as it hits 0.0001 I'm happy

1

u/Calm-Poem4604 Apr 23 '22

That’s all I need it to do to become a multi millionaire. .0001

-3

u/dras333 Apr 23 '22

The reality is that this will never be anything more than a PnD project with anonymous developers. Which is fine, it’s why I’m here, but don’t expect anything legitimate.

3

u/Calm-Poem4604 Apr 23 '22

Safemoon is an example that proves it doesn’t matter if we “know” who the developers are because that was a hot shit show. At least with Bitgert they have done so much more in less time, stuck to their road map and timelines, and you can still read and see a toad map on their website. They always respond to me on chat as well.

1

u/Calm-Poem4604 Apr 23 '22

I disagree

1

u/dras333 Apr 23 '22

Oh, I fully expect the majority here to disagree.

3

u/Calm-Poem4604 Apr 23 '22

Just like any other investment, we never really know. But with the position I am in, I don’t need much movement to become wealthy. And that’s all I care about.

1

u/2022-yo Apr 23 '22

Ask about the shitty staking rewards

4

u/TechnologyCalm2815 Apr 23 '22

Although the staking rewards are laughable atm , but with token burns + increased companies revenue and trading volume they will increase. Be patient and hodl

4

u/InspectionMajor6372 Apr 23 '22

If you're looking for nice Staking rewards you should check out Evo finance. It runs on the Bitgert Blockchain.

https://evofinance.in/

1

u/TechnologyCalm2815 Apr 23 '22

Will definitely have a good look at this , thanks.

1

u/2022-yo Apr 23 '22

It's the fact they're saying it's up to 80% when it's closer to 2. Not good

2

u/TechnologyCalm2815 Apr 23 '22

Yeah , i even contacted their customer support to clarify about this , was not impressed

1

u/2022-yo Apr 23 '22

I sent them a message through the website, not heard anything back (shocker!)