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Question: How Much Total Supply for a Coin Should Be Created?  (Voting closed: November 02, 2017, 04:55:59 PM)
Does Not Matter - 0 (0%)
10,000,000 - 50,000,000 - 2 (100%)
50,000,001 - 100,000,000 - 0 (0%)
100,000,000 - 500,000,000 - 0 (0%)
1 Billion + - 0 (0%)
Total Voters: 2

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Author Topic: How Much Total Supply for a Coin Should Be Created?  (Read 315 times)
cube_ (OP)
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October 18, 2017, 04:56:00 PM
 #1

Hey forum,

I've recently joined a team of developers and we are expanding our business to include cryptocurrency. We are at the early stages of planning and we are currently discussing what the total token supply should be.

I've written an article about valuing an ICO or your investment on Steemit here (https://steemit.com/cryptocurrency/@stevenamar/how-to-value-an-ico-and-your-investment-read-how) last month. The basic idea is that the less supply there is in circulation, the more valuable the token. The more supply of a token, the less valuable the token. This is all theory and based on short term logic. Feel free to read.

We are launching an application which will allow you to pay for services using our tokens or fiat currency.

Before getting to the polls, ask yourselves:

What criteria do you think we need to consider when determining the amount of total supply created? Does it even matter how much we create? For ex. what difference is it if you have 2 coins valued at .50 cents or 1 coin valued at $1?

Please feel free to ask questions, all ideas are welcome!
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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cube_ (OP)
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October 18, 2017, 05:33:21 PM
 #2

Utility - users can use the token to pay for services. The value of each token will be based on the market price, unless we set the token to have a fixed rate.

Assuming we expect a total amount of users at 200 million, would it be smart to create 250 million and reserve the 50 million?
setifien19
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October 18, 2017, 07:43:45 PM
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It's logic that the more supply in circulation the less token value will be, but another factor  it's important to take in consideration : I mean the acceptability to use this token in future because popularity​ plays a big  role in determining the token success .
Good luck with your project
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October 19, 2017, 12:04:03 PM
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Me i don't have any commission here because I'm an new member i can read all the details i need to learn 😊 i hope that i can learn faster to earn a more Bitcoin here 😘😍
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October 19, 2017, 04:08:34 PM
 #5

The value is linked to scarcity and the more scares the token, the higher the value will go in the future. {Well, in theory.. if

the demand is there} .... ICO's are not doing very well lately, because a new ICO is kicked out behind every bush lately. I

think a new Alt coin will do much better. { We need more ASIC resistant Alt coins to be mined by CPUs and GPUs. }  Wink

Large GPU manufacturers are also targeting this market now, so we might see some sparks in the near future.  Grin

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cube_ (OP)
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October 19, 2017, 05:14:14 PM
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The value is linked to scarcity and the more scares the token, the higher the value will go in the future. {Well, in theory.. if

the demand is there} .... ICO's are not doing very well lately, because a new ICO is kicked out behind every bush lately. I

think a new Alt coin will do much better. { We need more ASIC resistant Alt coins to be mined by CPUs and GPUs. }  Wink

Large GPU manufacturers are also targeting this market now, so we might see some sparks in the near future.  Grin

I agree with your first comments about scarcity.

What about pre-mined coins? I know this will diminish the incentive for miners/buyers, but I think we are finally moving out of this mining system for coins that have more app based utility, wouldn't you say?
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