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Title: Are cryptocoin economies entering a deflationary phase ? Post by: s1gs3gv on August 03, 2015, 11:56:01 PM From an interesting article I read on zerohedge, regarding the 'real' global economy, (http://www.zerohedge.com/news/2015-08-03/largest-financial-departure-reality-human-history (http://www.zerohedge.com/news/2015-08-03/largest-financial-departure-reality-human-history))
Quote "Commodities priced below the cost of production for most producers is exactly what one would expect in a deflation, as a combination of supply glut and lack of purchasing power drastically undercut price support. " Are we entering a similar deflationary era in cryptocoin economies ? Title: Re: Are cryptocoin economies entering a deflationary phase ? Post by: tokeweed on August 04, 2015, 12:00:09 AM What economy? ;D
To be serious, no new money is coming in. Most of the 'dumb' money already went to the sharks, so we need more fish in the pond to make the 'economy' grow. But I personally don't see it happening in a while. Title: Re: Are cryptocoin economies entering a deflationary phase ? Post by: CryptoSporidium on August 04, 2015, 02:39:17 AM What economy? ;D To be serious, no new money is coming in. Most of the 'dumb' money already went to the sharks, so we need more fish in the pond to make the 'economy' grow. But I personally don't see it happening in a while. I expect some nerd money to enter xmr ecosystem once cryptokingdom launches, then that will start a suction effect from some lesser coins into monero . Coin eating other coins to survive |