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Author Topic: What if ethereum had a maximum coin supply set from the beginning?  (Read 255 times)
various
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March 01, 2019, 10:05:24 AM
 #21

If Ethereum had a maximum supply, I think the price of ethereum would be much more. Because the supply was low, the demand would be high and this would raise the price.

cryptobae10
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March 01, 2019, 10:30:27 AM
 #22

I think not knowing the maximum supply is not a problem
Just that emphasis where laid on that point inconsequentially

Mining is good but doesn’t earn big in a short while
While trading can be very risking too

The supply does not stock up in a single wallet for a whole time
manfredmann
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March 01, 2019, 10:37:31 AM
 #23

Yeah I just wonder also how ETH market price move when it does not have the total supply in the market. As we all know that the coin market price is determined by its supply and the demand so how could one set a market price for ETH? Is this picture is for real? I am always surprised with cryptocurrency.
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March 01, 2019, 10:43:33 AM
 #24

I think the cost of Ethereum will depend only on demand. With the advent of the bullish market, the number of ICO projects on the Ethereum platform will increase, coin turnover and capitalization will increase, and the result will be a rapid increase in the cost of ETH.

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March 02, 2019, 01:15:41 PM
 #25

Guess who's dumb now
Vitalik has no idea what he is doing with ethereum. he doesn't even have any faith in its future and he has been clear about it from the start. Wink

Quote
ETH is not designed to be a currency or anything like that. it is just a token for smart contract usages.
It's " just a token that is designed to work as a "fuel" to smart contracts" but this doesn't stop it from being a currency too. It's traded and it's can also be used to make payments just like bitcoin. come on, stop having a rigid mind.
Should we say Ether is not a form of cryptocurrency  Huh
no we shouldn't because it is a token.
can you use it as a currency? of course you can. you cal also use any other object as a currency, for example you can use CS:GO game skins and Dota2 items as currency, some of them even worth thousands of dollars! you can go to a restaurant and pay with one of these but that doesn't make them a currency!
similarly you can use bitcoin for smart contracts but you shouldn't because it is not designed for that! why do you think (pre 2015)  ideas of Vitalik kept being rejected by bitcoin developers team? he was pushing all this on top of bitcoin at first...

ps. and lets not forget the big cherry on top, which is the fact that ETH is not immutable ever since they did that roll back....

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Bitcoin_Arena (OP)
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March 03, 2019, 10:31:23 AM
 #26

Vitalik has no idea what he is doing with ethereum. he doesn't even have any faith in its future and he has been clear about it from the start. Wink
When you are starting up something, of course, this is all normal. He was being realistic based on the adoption rate at that time. Ethereum grew massively big in a very short time which am pretty sure he didn't expect to happen given there were already so many other crypto projects in the background.
So, you just can't say he didn't have faith... that's a little "dumb'  Wink

example you can use CS:GO game skins and Dota2 items as currency, some of them even worth thousands of dollars! you can go to a restaurant and pay with one of these but that doesn't make them a currency!
I think this is where your problem is... You definitely don't know the proper meaning of currency so let's begin
Quote
A currency (from Middle English: curraunt, "in circulation", from Latin: currens, -entis), in the most specific use of the word, refers to money in any form when in use or circulation as a medium of exchange, especially circulating banknotes and coins
From Bernstein, Peter (2008) [1965]. "4–5". A Primer on Money, Banking and Gold (3rd ed.). Hoboken, NJ: Wiley

This can also stretch up to commodity money such as gold, silver etc. If your so-called game skins or Dota2 items however expensive they are, are tradable, have demand and have a circulating supply then hell yeah, they are a currency to the people trading in them. Your thoughts are only narrowed to government-controlled fiat and also having the lame excuse that bitcoin is a currency and ether is not because Bitcoin is a payment coin whilst ether is "a token for smart contract usages."  Grin

They all have circulating supplies, are on demand, are tradable and also carry some sort of value so this qualifies them to be currencies (Digital/Virtual/Cryptocurrencies) whether we like it or not.

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March 07, 2019, 06:56:40 PM
 #27

It would be very good if eth has a maximum supply.

According to satoshi, the maximum supply in btc was created in order to control inflation, following the law of economics, when there is so much money being put in circulation, it devalues the money, this means that as the day goes by, instead of we having an increase in ethereum, we might end up having a decrease in price unless a remedy is implemented to control inflation.
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March 07, 2019, 07:03:00 PM
 #28

I think the cost of Ethereum will depend only on demand. With the advent of the bullish market, the number of ICO projects on the Ethereum platform will increase, coin turnover and capitalization will increase, and the result will be a rapid increase in the cost of ETH.
not the fact that by that time there will be a large number of new projects. Perhaps by that time, the market will no longer need new projects

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March 07, 2019, 07:16:26 PM
 #29

There was talk that is was going to be 120 million as a total supply but that figures appears to be approaching fast. They should really implement this quickly while the market is down and investors have more assurances when picking investments

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March 09, 2019, 05:42:04 AM
 #30

I think that even if Ethereum does not have the largest supply, it will not limit its price increase. When people use ETH in general, the value of Ethereum may exceed BTC.


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March 09, 2019, 05:46:27 AM
 #31

Total max supply doesn't matter that much ,I know that low supply coins appreciate in price higher than large max supply ones but what really matters is what the coin have to offer ,how good it is and what we can use the coin for ,this is why I like ETH and I care less about its max supply

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March 09, 2019, 07:04:18 AM
Last edit: March 09, 2019, 07:17:53 AM by ralle14
 #32

It's possible for ETH to be higher if there was a max supply but it's hard to assume that it will be higher because Bitcoin's price is a big factor to ETH's current price.

Total max supply doesn't matter that much ,I know that low supply coins appreciate in price higher than large max supply ones but what really matters is what the coin have to offer ,how good it is and what we can use the coin for ,this is why I like ETH and I care less about its max supply
For you it's not a big deal but most people that are invested will care about the price and not having a maximum supply can be one of the reason ETH loses its value.


I think that even if Ethereum does not have the largest supply, it will not limit its price increase. When people use ETH in general, the value of Ethereum may exceed BTC.
I agree but when a cryptocurrency doesn't have a max supply you can't avoid the fact that its price will go down at one point.

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