Bitcoin Forum

With emergent coins like XRP having billions in total coin supply, do you think such coins have a huge growth potential?

In crypto currency, the potential growth of a project is not judged by the number of total supply
I believe it is judged by

1. The project content; the validity of the product offered
2. The general usability to the world and further more acceptability
3. Their associations, coalitions and agreements with uprising projects

More importantly prevention of pump and dump schemes

growth is clearly there, but to have a high price I think it's difficult, unless their tokens are burned by almost half, it's likely that it will increase the scalability of their tokens

Of course they dont. Who will need billions and billions of them?  Usually each can be divided by 9 or 12 decimals. So why you need billions?

Many decimal places are not convenient to use.
The potential of crypto assets depends on the hype. Almost all assets are speculative. Maximum emission do not affect growth potential. Do you think the real capitalization of Ripple has increased 10 times in one month (December 2017)?

I think coins with huge supply can have huge potential if the team knows how to control the supply. Like in the case of ripple, some amount of ripple burns everytime a transaction takes place which constantly increase the demand and reduces the supply of the coin. It's a good way to deal with massive supply.
But for most coins, it is just a waste and if the team is inexperienced, then such big supply becomes a total disaster. Nobody needs billions of a coin with almost no potential to grow.

Coins, which have a large capitalization of course have a greater potential for growth than coins with low capitalization. This is worth paying attention to

As long as the distribution is transparent and dine professionally without the team hoarding to large amounts of the total supply for themselves.
Then a larger supply can in no way limit the growth of a project.

A buy back model created to burn coins can help improve the value of the coin/token (less supply = more demand)
But it is a very delicate topic that has to be handles very carefully and within legal jurisdiction.

Yes there are some coins with huge supply that have good growth potential specifically due to great team and development of the project, some of them may be xyo and npxs etc.