john snow

Bitcoin, Ethereum and crypto prices in general rise and fall together because they're bonded by the liquidity in their order books. It's called Heart's law. Yes, I discovered it. So what does that mean in practice? It means that if you make things more rare (lower inflation) and demand stays the same, prices will go up. Prices plural. Why plural? Because of Heart's law. You can do a combo on it too. PulseX only becomes more rare and its liquidity is primarily in PLS which also reduced in total supply. The rarity compounds with the other rarity to lead to even higher prices if demand stays the same (demand has gone up and down quite a lot.) Then you combine that with the x*y=k AMM price curve which moves as a square, (Every 2x in bid side liquidity 4x's the price.) What you have is a beautiful system primed for excellence. The only thing you're missing is eyeballs (potential demand). Reducing supply through burning is one part of a supply and demand equation. Demand is the other part. TLDR; Reducing inflation or become deflationary through burning increases price increases on demand increases. And since the prices of many things are tied to prices of many other things, the more rare all of things tied together become, the easier it is for price to go up. TLDR;TLDR; Burning coins is cool. Reducing inflation is cool.

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