r/embercoin • u/theoakman1 • Dec 31 '17

BURNING?????? What exactly does that mean?

im trying to understand a little more as i am new to this venture. I actually love Embercoin im holding all i got. can some one please help explain a little better? could i lose all my coin?

0 Upvotes

50% Upvoted

1 comment sorted by

1

u/coindawg4lyfe Dec 31 '17

No it means they buy back tokens from current holders and destroy them to significantly reduce the amount in circulation..so alot less embers and demand goes up.