Do you have to be holding BNB the EXACT moment the coins are burned to benefit from price increase?

Random coin burn memes aside, can we kill this meme that coin burns automatically result in an instant price increase? There still has to be someone willing to pay that price for a shitcoin.

Coin burn is a meme lvl trick to pump price short term.

>absolute state
mind telling me about the relative state as well?

>they only burn their own ones
The blockchain heats up and the heat can get transferred to your coins too, so watch out.

after thinking about this a bit more, i've realized that it's during binance's accumulation stage that the price would increase. the question is, did they already have all the tokens they needed a whole month or more ago? or will they buy the tokens up just before the burn day?

The absolute state of you retards. OP should spread his coins across a lot of wallets, to avoid losing coins in the coin burn, and make sure he sells after the coin burn and not before. Re-read OP's post, and tell me if you don't think he should follow my advice.

>The blockchain heats up and the heat can get transferred to your coins too, so watch out.
This right here. I personally recommend buying some blue or even white leds so you avoid as much heat in your computer's blockchain.

The absolute state of absolute state posters.
OP should put his coins in a cold storage because those are going to burn last when things heat up.

No they will distribute the price increase to every investor that has held BNB in the past.

Still no one is building a firemen blockchain in case of emergency.

>Decreasing circulating supply is a meme trick which only results in short term gains.
The absolute fucking state of Jow Forums.

Don't hold them in your hands, put them in a wallet.
It's "Cold Store" for a reason.

Tell us how a coin burn actually increases the price outside of a temporary pump due to retards and those taking advantage of retards. Burning X coins does not automatically create X increase in. To believe that it actually matters, you must believe that the mcap has more meaning than simply being the product of current coin price and number of coins. If the coin is a shitcoin, it is still going to be valued at what someone else is willing to pay. Maybe someone will pay more due to decreased supply, but its not automatic.

You seem to know what you're talking about. Do you know if they can use bnb to pay for the tx fees when they burn your coins?

The demand only needs to stay at current levels. If it does decreasing supply will mean the price goes up. BNB is the largest exchange so if crypto is successful it would follow that binance will help facilitate that. I won't go into the fundamentals of the coin except saying it halfs exchange fees. If you don't see value in that your a lost cause.

I see the value of BNB specifically, but I'm speaking in more of a general sense. Shitcoins won't automatically increase in value because of a cut in supply, unless the market dictates it. The market sets the price, which when combined with supply, sets the mcap (which too much focus is given to on Jow Forums).

Yes agreed. I was talking about BNB specifically. Sorry on my part for any confusion here.