Sloth Meme Contest Week 5

in #hive-1799272 days ago

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I really like burn posts, I know, it's sort of pointless voting on a burn post... but is it really? Creating scarcity is a good thing. It helps create deflation. For any token of any value, deflating the supply does (or should) increase demand.

So slothy is doing good work here, he's taking his valuable tokens and DUMPING them in the DUMPSTER FIRE.

But we all have to admit, sending tokens to @null (one of the richest accounts on HIVE) seems a waste. But maybe not really...

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@NULL must really like BPC token, as there are (burned) over 8 quadrillian BPC.

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That's a lot of burned up BPC token! Wow! There is a much more reaonsable amount of SLOTHBUZZ in the burn account:

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That's over $100 USD of SLOTHBUZZ that will never be on the market to be sold! It's FROZEN in the BURN account! LOL.

Posted using sloth.buzz

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@ironshield! @edgerik likes your content! so I just sent 1 BBH to your account on behalf of @edgerik. (33/50)

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!LOL

Posted using MemeHive

Thank you. !BBH

@memehive! @ironshield likes your content! so I just sent 1 BBH to your account on behalf of @ironshield. (5/100)

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Why do math teachers have so many babies?
Because they know how to multiply.

Credit: theabsolute
@ironshield, I sent you an $LOLZ on behalf of memehive

(2/10)
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ

Holy smokes, there's so much BPC in NULL :D

Crazy amount! !BBH

@tsnaks! @ironshield likes your content! so I just sent 1 BBH to your account on behalf of @ironshield. (8/100)

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Burn posts definitely have their charm, and you're right, creating scarcity can have a positive impact on value.
Deflationary moves like these can indeed spark demand.
Slothy's dedication to tossing valuable tokens into the proverbial dumpster fire is both amusing and commendable in its own way.

!DOOK
!BBH


You just got DOOKed!
@edgerik thinks your content is the shit.
They have 3/10 DOOK left to drop today.
dook_logo
Learn all about this shit in the toilet paper! 💩

the proverbial dumpster fire

This Is Fine GIF by 100% Soft

!LOLZ !BBH

I wonder if glass coffins will become popular one day?
Remains to be seen.

Credit: reddit
@edgerik, I sent you an $LOLZ on behalf of ironshield

(1/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.

@edgerik! @ironshield likes your content! so I just sent 1 BBH to your account on behalf of @ironshield. (7/100)

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Hi, @ironshield,

This post has been voted on by @darkcloaks because you are an active member of the Darkcloaks gaming community.


Get started with Darkcloaks today, and follow us on Inleo for the latest updates.

Thanks !BBH

@darkcloaks! @ironshield likes your content! so I just sent 1 BBH to your account on behalf of @ironshield. (6/100)

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If burning increases coins value, why doesn't it happen to BPC?

@hafiz34! @ironshield likes your content! so I just sent 1 BBH to your account on behalf of @ironshield. (4/100)

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That is a valid question. I would suppose what little value they have would be significantly less with an additional 8 quadrillian more tokens in circulation.

!BBH

Noted

To @null and beyond! 🚀 ️‍🔥️‍🔥️‍🔥

Screenshot 2024-12-18 at 8.59.11 pm.png
We've already sent 578,000 HELIOS to null, (out of 1 million max token supply!) At this point we are firm believers in the dynamics of HE Token Burning!