From the creator: "BOMB is a social experiment and financial case study to measure the feasibility of a deflationary currency. The rules are simple. 1) There were originally 1,000,000 tokens in existence. 2) Each time the token is transferred, 1% of the transaction is destroyed. 3) There will never be newly minted tokens." End Quote! Becoming well informed about the things you need to understand helps you avoid unnecessary pitfalls. Additional information about BOMB coin can be found at https://www.bombtoken.com. As always and with any investment, perform proper due diligence before making ANY decisions.