Bitcoin Forum
September 15, 2024, 10:18:52 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Growth potential for coins with massive total coin supply  (Read 131 times)
cybetclub (OP)
Newbie
*
Offline Offline

Activity: 26
Merit: 0


View Profile WWW
November 10, 2018, 03:28:41 PM
 #1

With emergent coins like XRP having billions in total coin supply, do you think such coins have a huge growth potential?
cytpoway121
Member
**
Offline Offline

Activity: 1540
Merit: 68


View Profile
November 11, 2018, 10:30:52 AM
 #2

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
kutangterbang
Full Member
***
Offline Offline

Activity: 518
Merit: 134



View Profile
November 11, 2018, 11:19:33 AM
 #3

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
Febo
Legendary
*
Offline Offline

Activity: 2730
Merit: 1288



View Profile
November 11, 2018, 04:46:04 PM
 #4

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


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?
Milamol
Member
**
Offline Offline

Activity: 686
Merit: 11


View Profile
November 11, 2018, 05:18:52 PM
 #5

Many decimal places are not convenient to use.
With emergent coins like XRP having billions in total coin supply, do you think such coins have a huge growth potential?
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)?

DIAGON  e S p o r t s   ▐ ╹  Global decentralize eSports ecosystem
JAPCNSPNRU   WHITEPAPER  ]     ICO ❱ ❱  ❱ Nov. 12 th
facebook   ◥ TWITTER   ◥ reddit   ────  (❪   B U Y   ❫)  ────
stayeduptolate
Hero Member
*****
Offline Offline

Activity: 980
Merit: 502


View Profile
November 11, 2018, 05:34:07 PM
 #6

With emergent coins like XRP having billions in total coin supply, do you think such coins have a huge growth potential?
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.
BravO_o
Full Member
***
Offline Offline

Activity: 532
Merit: 165



View Profile
November 11, 2018, 06:02:33 PM
 #7

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
Nnuego
Jr. Member
*
Offline Offline

Activity: 266
Merit: 4


View Profile
November 11, 2018, 06:13:47 PM
 #8

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.

▀▀▀▀▀▀▀▀▀▀▀▀▀▀
 Cowrium.net  ║A Multidimensional Blockchain & Smart Contract Innovation driven by Cowrie (https://www.cowrium.net/)
qazgroup
Member
**
Offline Offline

Activity: 1022
Merit: 20

RiveMont


View Profile
November 11, 2018, 06:22:05 PM
 #9

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.

 ●   RiveMont   ●
 ❰❰❰❰❰❰  RVMT  ❱❱❱❱❱❱  
● ▬▬▬▬▬ ● ▬▬▬▬▬ ●●●    ●  DeFi token  ●    ●●● ▬▬▬▬▬ ● ▬▬▬▬▬ ●
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!