CryptoBry
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May 16, 2019, 05:03:30 AM |
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Despite its supposedly many flaws and limitations, I remain a big fan and user of Eth, of course along with Bitcoin which is my first love. There remains a good potential for Ethereum and if the people behind this cryptocurrency platform will do more interesting innovations and will push for more adoption by different industries, there is no reason why it will not be very valuable and truly the next-in-line to the King (which is Bitcoin). Bringing the supply up to 200 million can have consequences, of course as we know that in a free enterprise we are in supply and demand is the law that is always in motion. I am hoping that they think hard on this and they know the contingencies to lay down if in case this can push through.
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Shatterlean22
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May 16, 2019, 05:25:29 AM |
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I personal hope that ETH will be limited to 200million in supply, not knowing or having limited supply is one of the reasons ETH is degraded but let's see what happens next
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Fluxtorrence9
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May 16, 2019, 05:43:14 AM |
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Limited in supply is always good but for ETH I'm not sure as the smart contract use might grow very demanding in future even over billion pieces of ETH, I think its better if ETH has no limit
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redsun114
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May 16, 2019, 07:22:28 AM |
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I think that if ethereum is renewed and will continue to develop and grow. That no limits will not hold back. It is very popular among even the users of this forum.
I don't think we anyone can determine the price of the coin when the supply has been capped at 200 million, though I believe that since the supply of the coin has been reduced, if there is lot of demand for the coin, then we might see the price of eth going very high, my best guess is $1000, though this cannot happen if there is no mass demand for the coin, so the team behind eth have to come up with something that will make people want to invest in eth again because a lot of investors have taken their eyes off the coin already.
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Little Mouse
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May 17, 2019, 06:08:03 PM |
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Limited in supply is always good but for ETH I'm not sure as the smart contract use might grow very demanding in future even over billion pieces of ETH, I think its better if ETH has no limit
Smart contract will help nothing anymore ETH to hit a better price since it's now available in more platform. However, ETH has its own usage, and one of the most active developer. I guess they will develop it more.
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accounting 181293
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May 17, 2019, 06:12:24 PM |
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What will the price of ETH be if the limit of supply is 200 million ?
There has been a proposal to limit the amount of ETH supply but that is not really clear. So what do you think if it is limited to only provide 200 millions ?
I don't know, I think there will be two possibilities. First, maybe the price can go up at any time. second, maybe the price will be worse than this. if eth already has a supply limit, then sooner or later the cost of gas will rise. and if that happens, people will switch to other platforms. that means it's a loss for ethereum.
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Vishnu.Reang
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May 17, 2019, 06:24:45 PM |
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What will the price of ETH be if the limit of supply is 200 million ?
There has been a proposal to limit the amount of ETH supply but that is not really clear. So what do you think if it is limited to only provide 200 millions ?
This is never going to happen, because the maximum circulation for ETH is fixed at around 100 million coins. In case this limit is increased, then the reputation of the currency will take a hit and no one will be ready to trust ETH. The reason is that, if the supply is increased once, what prevents the promoters from repeating this process again and again? In the end, the coins will become worthless.
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Teawhalee
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May 17, 2019, 06:44:46 PM |
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Utility token as such of Ethereum does not need to have a limited supply because it’s a widely used token as well as its smart contracts. With the present supply , the price is still cool ! It would grow more just need some time.
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Galantin
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May 17, 2019, 06:50:13 PM |
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if such proposal were to be accepted initially we will see a pump but that won't last because limiting to 200 million is not going to change anything, ETH is still inflated and you can't solve that.
the law of supply and demand is not the law of supply alone. the demand is still lacking for ETH and is only declining as more ICOs die and lose their attractiveness. and also limiting the supply is not the reason for a rise otherwise grains of sand would have been worth millions of dollars because there is a limited supply of sand on earth!
And the price of bitcoin is not inflated ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I am always surprised that users of such rank consider that ETH is still a kind of bloated fake. Yes, I have little experience today. But I know one thing, he will continue to grow. Bitcoin also has enough competitors but for some reason it is a leader.
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Viceroy
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May 17, 2019, 09:51:49 PM |
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I think it is impossible to predict. This can definitely happen, but it is impossible to predict what will happen to the price.
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mrdeposit
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May 19, 2019, 10:13:57 PM |
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If we continue with this logic, eth would should be $2 million when there was 100 eth. Anyway, as the number of coins increases, their circulation in the market also acts accordingly. They are always connected to each other.
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btccrusher
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May 19, 2019, 10:59:14 PM |
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Limiting won't work unless they stop developing the chain. It seriously needs some improvements. Also, many miners will stop working, if it has any limitations due to low rewards. Why? If ETh limits, then the reward must be decreased in order to keep the chain running validating transactions for a certain time, before finding a good solution.
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sulis sudibyo
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May 19, 2019, 10:59:47 PM |
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What will the price of ETH be if the limit of supply is 200 million ?
There has been a proposal to limit the amount of ETH supply but that is not really clear. So what do you think if it is limited to only provide 200 millions ?
Supply is not a large issue and for the nature of ETH as a utility token, supply of 200 million would be very less. Hypothetically if ETH was limited to 200 million, it would have been a scarce token and people would use another utility token rather than Ethereum. yes you're right, if ethereum has a limit, he will make it rare. the impact will be to make transactions (GAS) more expensive. This is different from similar platforms, where they are competing to create platforms cheap and fast. the possibility of ethereum being abandoned is huge, if this becomes a reality.
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powerman24
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May 19, 2019, 11:26:18 PM |
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It depends on the market and the demand for ETH. If there will be many use cases on ETH platform the double supply will not automatically cause half price. And it will not happen at once so it won`t have big effect.
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No Pain No blood
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May 19, 2019, 11:29:02 PM |
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I'm not sure, but maybe the price will be a little better than at the moment. or maybe ethereum could be abandoned. but rather than having limits, I focused more on developing POS consensus. this will have an impact on prices without need, fearing ethereum will be abandoned.
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Sartrute
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May 19, 2019, 11:32:02 PM |
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I think that now it does not matter much. After the transition of Ethereum to PoS, the emission will be significantly reduced. I think that 200 million coins will not be namneno very soon, and this is not a problem now.
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rijaljun
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May 19, 2019, 11:38:43 PM |
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What will the price of ETH be if the limit of supply is 200 million ?
No one knows about that but definitely it will help Ethereum price to grow in time. At least the limited supply will be a fundamental thing that will lead people to invest more in Ethereum. It's about certainty of total supply.
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bangjoe
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May 19, 2019, 11:41:16 PM |
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of course the price will be very expensive and maybe even ethereum prices will be able to compete with bitcoin prices because as we know the market demand for ethereum is very high, this is because the ethereum platform is very popular so when the supply is limited to a small amount it will make the price very expensive
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EdenDice
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May 19, 2019, 11:41:41 PM Last edit: May 20, 2019, 12:28:08 AM by EdenDice |
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I don't know is it possible or not but I think Ethereum's supply will not be limited at 200 Million! But If it becomes then we can expect a very high price for the ethereum. Maybe the hard fork helped enough the Ethereum network, it's popularity increasing again, so overall ETH can go to 5K USD at least if the supply becomes limited!
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Dreamchaser21
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May 19, 2019, 11:41:41 PM |
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Limited in supply is always good but for ETH I'm not sure as the smart contract use might grow very demanding in future even over billion pieces of ETH, I think its better if ETH has no limit
There’s no such coin without limit, and if there’s no limit then the price will be more cheap just like fiat money. ETH can’t reach the limit yet but its price will become more expensive as the demand for this one will go higher, the price is good again so it can be a new beginning of the pump.
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