Bitcoin Forum
October 16, 2017, 10:47:41 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Poll
Question: Amount of total coins
I dont get the guestion
Not too big
Not too small
Does not matter
Only block reward rules matter
All matters

Pages: [1]
  Print  
Author Topic: Question about coins total supply  (Read 524 times)
username_007
Jr. Member
*
Offline Offline

Activity: 56


View Profile
January 18, 2017, 01:43:38 PM
 #1

I dont get this.

Are these newbies and people without knowledge.
They first comment is coin is shit if total amount is too big.
People who always complaining about total amount of coins.
What does it matter?
But still they dont care to look at block reward, block time or halving.

That makes no difference if the total amount is huge or not.
Reward rule defines how much coins there will be out when planning distribution schedule.

What makes a difference is how long it takes to reach the total limit.

Would they still say that total amount is too big if it would take 1000 years to reach it?


1508194061
Hero Member
*
Offline Offline

Posts: 1508194061

View Profile Personal Message (Offline)

Ignore
1508194061
Reply with quote  #2

1508194061
Report to moderator
1508194061
Hero Member
*
Offline Offline

Posts: 1508194061

View Profile Personal Message (Offline)

Ignore
1508194061
Reply with quote  #2

1508194061
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508194061
Hero Member
*
Offline Offline

Posts: 1508194061

View Profile Personal Message (Offline)

Ignore
1508194061
Reply with quote  #2

1508194061
Report to moderator
Febo
Legendary
*
Online Online

Activity: 1204



View Profile
January 19, 2017, 02:27:06 PM
 #2

I dont get this.

Are these newbies and people without knowledge.
They first comment is coin is shit if total amount is too big.
People who always complaining about total amount of coins.
What does it matter?
But still they dont care to look at block reward, block time or halving.

That makes no difference if the total amount is huge or not.
Reward rule defines how much coins there will be out when planning distribution schedule.

What makes a difference is how long it takes to reach the total limit.

Would they still say that total amount is too big if it would take 1000 years to reach it?





Problem starts when developers issue lots of coins and they take huge chunk for themselves. So only tiny part hits the exchanges, but for marketcap you calculate all available supply altho most is sitting on developers wallet. That is how this coin get really high by marketcap altho have no innovation and no one is interested in it beside random newbies that only see the marketcap.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
amacar2
Legendary
*
Offline Offline

Activity: 854



View Profile
January 19, 2017, 06:36:11 PM
 #3

Actually people simply say coins with high total supply as scam because most of the high supply coins will have high amount of coins already pre-mined to distribute during ICO. Also high supply means high block reward which will increase available coin at anytime, there will be no any balance between demand and supply because there will be no one ready to buy those newly mined coins this will ultimately lead to dump in price when listed on exchange platform.



       ▄███████████████▄▄
        ▀▀▀▀▀▀▀▀▀▀▀████████▄
                   ▄█████████▄
   ▄█████████▄ ▄███████████████▄
    ▀▀▀▀▀▀▀▀▀   ▀▀▀█████████████▄
                   ▄█████████████
    ▄██████▄ ▄███████████████████
     ▀▀▀▀▀▀   ▀▀▀▀▀██████████████
                   ▄████████████▀
▄████▄ ▄███████████████████████▀
 ▀▀▀▀   ▀▀▀▀▀▀▀▀▀▀▀██████████▀
      ▄▄▄▄▄▄▄▄▄▄▄▄▄████████▀
     ▀█████████████████▀▀
██
██
║║
║║
██
██
██
██
║║
║║
██
██
██
██
║║
║║
██
██



                 ▄████▄▄    ▄
██             ████████████▀
████▄         █████████████▀
▀████████▄▄   █████████████
▄▄█████████████████████████
██████████████████████████
  ▀██████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀



       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████
   ▐████



       ▄▄▄█████████▄▄▄
   ▄▄██████████████████▄
 ▄███████████▌ ▀████████▄
▐██████▀ ▀███▌  ▀▀ ▀█████▌
███████▌  ▀▀     ▄▄███████
█████      ▄███▄  ████████▌
▐████████  ▀███▀      █████
 ███████▀▀     ▄▄  ████████
 ▀█████▄ ▄▄  ▐███▄  ██████▌
  ▀████████▄ ████████████▀
   ▀██████████████████▀▀
     ▀▀██████████▀▀▀




                      ▄▄████
                ▄▄▄████████▌
          ▄▄▄███████▀▄█████
     ▄▄█████████▀▀ ▄██████▌
▄▄███████████▀  ▄█████████
 ▀▀▀█████▀    ▄██████████▌
       ██   █████████████
        █▄ █████████████▌
        ▐█▄███▀▀████████
         ███▀    ▀▀████▌
                    ▀▀█

Code for Sr. Members
Hermanny
Sr. Member
****
Offline Offline

Activity: 241


View Profile
January 19, 2017, 07:07:24 PM
 #4

Both block rewards and total amount of coins matters to me. Both of them must be small enough!
materazi
Member
**
Offline Offline

Activity: 106


View Profile
January 21, 2017, 01:49:19 PM
 #5

total amount of coins, block reward, block time, premine.....give just 10% the worth of a coin,  but  the project beside the coin, the goals and the innovation planning, the good publishing,  ...which give the value of a coin

████→→       ● DeepOnion                                                                       ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯
████→→       ● Tor integrated, 100% anonymous!                                ✯     Get Your FREE Coins NOW!        ✯
████→→       ● Free Airdrop! (No ICO, No Crowdfund)                        ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯
talkbitcoin
Hero Member
*****
Offline Offline

Activity: 770


View Profile
January 21, 2017, 02:40:22 PM
 #6

actually i can not choose any of your poll choices because it matters and doesn't matter at the same time!
if the coin has a big amount of total supply doesn't mean it is bad.
and if the coin has a small amount of total supply doesn't mean it is good, or it is going to succeed!

for me, i care more about how it is distributed. for example if it has 10 million coins and 9 million is premine or with any other scam is in control of the dev and 1 mil is open to public, that coins is dead to me Smiley














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
Karpeles
Legendary
*
Offline Offline

Activity: 1022



View Profile
January 21, 2017, 02:57:41 PM
 #7

I don't think people would take too seriously cryptos with lot of coins mined by block. Would remember hyperinflation and 1 trillion Zimbabwe dollar bills and people measuring money in KG instead of by value.

But of course this is secondary, if the fundamentals are good and the developers are serious it a large number of coins won't kill the project


         ▄▄███▄▄
     ▄▄███████████▄▄
 ▄▄███████████████████▄▄
██████████████████████████
  ▀▀██████████████████▀▀ ▄▄
      ▀▀██████████▀▀ ▄▄████
          ▀▀█▀▀ ▄▄█████████
             ▄█████████████
             ██████████████
             ██████████████
             ██████████████
             ██████████████
             █████████████▀
             █████████▀▀
             █████▀▀
             ▀▀▀
.
Brickblock.io
║║
║║
║║
║║
║║
.
║║
║║
║║
║║
║║





                  ▄▄██▄
              ▄▄█▀▀  ██
          ▄▄█▀▀      █▌
      ▄▄█▀▀   ▄▀    ██
 ▄▄▄█▀▀    ▄█▀     ▐█
██      ▄██▀       █▌
 ▀▀██▄███▀        ██
     ██▀▀█▄▄▄     █▌
      █▄  ██▀▀▀█▄██
       █▄█▀




       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████




                 ▄████▄▄    ▄
██             ████████████▀
████▄         █████████████▀
▀████████▄▄   █████████████
▄▄█████████████████████████
██████████████████████████
  ▀██████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀



▄▄▄                  ▄▄▄
█████▄             ▄██████▄
█████████▄        ████████████▄
██████████▌▄     ██████████████
██████████▌▐█  ▄█████████████▀▄█
██████████▌▐██▄▀████████████ ███
██████████▌▐████▀██████████ ████
██████████▌▐█████ ███████▀▄█████
██████████▌ ▀█████▄▀████ ███████
██████████▌   ▀▀████ ██▄████████
▀█████████▌      ▀▀▀▀ ▄█████████
   ▀▀█████▌             ▀▀██████
        ▀█▌                  ▀▀█
║║
║║
║║
║║
║║
.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!