@tusharvasave I love your article mate, its very correct and im a very happy investor in iota as i bought in 5 days ago :) ....only sad i didnt put more haha.
article I wrote, please support:
https://steemit.com/emc2/@zen-analyst/emc2-55-million-token-burn
Also everyone please read the EMC2 newspaper i have link below:
https://www.emc2.foundation/newsletters/4
EMC2 WILL BURN THROUGH 55 MILLION coins in 3 days time!!
and @robertpaul could you enlighten us with your knowledge of YOYOW please? how would distribution work?
Yup, EMC2 is getting ready to do a hard fork and reduce the number of coins available and the amount that will become available. Also, they have been hinting at some huge announcement on the 19th.
hahaha 55 MIL BURNNNNN!!!!!!
yea although be wary of these announcements, as it is soundly strategic to have this "huge announcements" to try limit the amount of dumpers after burn date. It is shown on other cryptocurrencies that announcements are not a huge bull factor as some announcements have been just to announce another announcement date!!!
But of course it does depend on what they have to announce on that date too