2026-01-04 08:21:59

Judging the buyback policy based on price fluctuations is fundamentally flawed.

To be honest, the core purpose of buybacks is to reduce circulating supply, and it cannot be directly equated with "price rally." The true factors influencing the coin's price are market supply and demand dynamics and the project's fundamentals; buybacks are just one part of the process.

From this perspective, buybacks are indeed beneficial to token holders—similar to a regular deflationary mechanism, where the proportion of coins you hold relative to the total supply increases. However, this does not necessarily mean the price will rise; these are two different things. Holders' benefits come from supply being diluted and their share increasing, not necessarily from a price increase.

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CodeAuditQueen

· 01-05 13:58

This is similar to auditing smart contracts; it depends on the underlying logic rather than surface-level numbers bouncing around. Repurchase to reduce supply is not an issue in itself, but expecting it to directly drive prices up? That's overthinking. Supply and demand are the ultimate execution functions; repurchase at best just modifies variables. Holders truly profit from the increased proportion due to dilution, not necessarily from a price surge. These two concepts need to be understood separately.

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GamefiGreenie

· 01-04 19:00

Haha, you're right. Buybacks are a supply-side issue; whether the price goes up or down still depends on market sentiment. I'm already tired of those projects that just shout about buybacks to brainwash people, but in the end, the coins still crash. There's nothing wrong with increasing the proportion, but when it comes to dumping, everything is useless... Instead of waiting for buybacks to pump the price, it's better to focus on fundamentals and trading volume—that's the real deal. Holding a larger proportion doesn't necessarily mean making money. You all need to understand this clearly.

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pumpamentalist

· 01-04 08:49

Damn, someone finally explained it clearly. Many people just see buybacks as a magic guarantee of price increase and completely fail to understand the deflationary logic.

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NFTregretter