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RE: Reasons why cryptocurrency currently trade on the red

in SteemAlive2 years ago

Very good read.
My problem is the “burning” of a crypto currency and this was one of the reasons why Luno crashed. Its a very dangerous tactic and can easily blow up in one’s face.

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My problem is the “burning” of a crypto currency and this was one of the reasons why Luno crashed.">"

You are getting it wrong burn Luna Terra did not cause the crash, but it was the technology behind the development of the currency. for further understand of the effects of crypto currency burning read this post crypto currency burning

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