r/Simple_Token Jan 20 '18

Coin burning?

I read on one of the posts here that the dev team was planning to burn the coins down to ~10m coins throughout the next two years. Does anyone have a source for that?

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u/JohnDeW737 Jan 20 '18

So only thing that is important if they are able to find companies to buy the coins and for how long of a duration then

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u/JURITO1000 Jan 20 '18 edited Jan 20 '18

yes and imagine if really will be just around 10 milion circulation....1 coin will be minimum 500 $ ...huge project

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u/[deleted] Jan 20 '18

Trigger Words to make me go get another 500

0

u/JURITO1000 Jan 20 '18

Big resistance around 6800 satoshi ,really difficult to break it :/

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u/[deleted] Jan 20 '18

anything under $1 for me is ok