
The Dude
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2017-05-09 00:29
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RE: Actifit Weekly: 495,000 AFIT to be burnt October 25. FitOctober Bring in Fitbit Users Contest. STEEM AFIT & Witness Status. Daily Updates
Exactly. I think they are just burning tokens from their own coffers but since they are never on the market in the first place it doesnât have a direct impact on price. If I understand it correctly.
RE: Actifit Weekly: 495,000 AFIT to be burnt October 25. FitOctober Bring in Fitbit Users Contest. STEEM AFIT & Witness Status. Daily Updates
I agree with this as well. A little buy pressure makes a big difference on the price. Buying 1000 Steem a month worth of AFIT off Steem-engine and burning it would make a huge difference in price.