Once we flipped to the deflation phase, there was quite a bit of initial activity, leading to a significant burn of supply. Over the last two weeks or so this activity has declined to a slow drip while the price has dropped by about 70%. This suggests that most of the existing holders are extremely strong hands that are unlikely to sell without the price returning to much higher levels. After such a steep drop on no significant news, one might expect a relief rally, but we really have not seen that. There are several reasons for this (Bitcoin pumping is probably one), but it does appear that a 20% burn is discouraging new money from entering. I propose that we reduce the purchase burn to 10% for the remainder of the deflation phase to encourage new money to join us.