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Best Amount Of Total Coins?
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Topic: Best Amount Of Total Coins? (Read 630 times)
Chris180Z
(OP)
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Best Amount Of Total Coins?
March 16, 2014, 09:35:56 PM
#1
I see scrypt and sha coins with various total coins.
What do you think is the best amount of total mineable coins?
I feel Bitcoins 21 million is way too small, because nobody likes to deal in fractions...
FoBoT
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Re: Best Amount Of Total Coins?
March 16, 2014, 09:59:48 PM
#2
same as current us dollars
500 trillion
BitCoinPokerBro
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Re: Best Amount Of Total Coins?
March 16, 2014, 10:04:58 PM
#3
From 500 million on up to 10 billion
Just my opinion though so ....
tromp
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Re: Best Amount Of Total Coins?
March 16, 2014, 10:15:32 PM
#4
Quote from: FoBoT on March 16, 2014, 09:59:48 PM
same as current us dollars
500 trillion
Same as eventual us dollars.
Unlimited.
cryptopaths
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Crypto Knight
Re: Best Amount Of Total Coins?
March 16, 2014, 10:17:18 PM
#5
Quote from: Chris180Z on March 16, 2014, 09:35:56 PM
I see scrypt and sha coins with various total coins.
What do you think is the best amount of total mineable coins?
I feel Bitcoins 21 million is way too small, because nobody likes to deal in fractions...
as many as my new crypto that I'm launching soon. It's launching soon keep your eyes peeled guaranteed to be the hottest coin.
wallstreetcoiner
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Re: Best Amount Of Total Coins?
March 16, 2014, 11:31:36 PM
#6
Quote from: Chris180Z on March 16, 2014, 09:35:56 PM
I see scrypt and sha coins with various total coins.
What do you think is the best amount of total mineable coins?
I feel Bitcoins 21 million is way too small, because nobody likes to deal in fractions...
I think around 120 million coins is about right.
DieJohnny
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Re: Best Amount Of Total Coins?
March 16, 2014, 11:34:53 PM
#7
Quote from: Chris180Z on March 16, 2014, 09:35:56 PM
I see scrypt and sha coins with various total coins.
What do you think is the best amount of total mineable coins?
I feel Bitcoins 21 million is way too small, because nobody likes to deal in fractions...
greater than 1 billion less than 10 billion
Those who hold and those who are without property have ever formed distinct interests in society
Addie
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Re: Best Amount Of Total Coins?
March 16, 2014, 11:44:28 PM
#8
I think 21 billion is a solid amount, since it's 1000 times more than Bitcoin.
tkbx
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Re: Best Amount Of Total Coins?
March 16, 2014, 11:54:35 PM
#9
I'm not looking forward to paying 0.00056400 BTC for a car once Bitcoin becomes really popular. I think 100B coins would have been a nice round number, so that spending a whole coin will not be unheard of.
The press wouldn't be very impressed by the current $0.13 per coin at that level of inflation, though :/
Chris180Z
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Re: Best Amount Of Total Coins?
March 17, 2014, 12:40:25 AM
#10
It is a hard question. Too many coins to begin with can dilute a coin, but ultimately will be better in the long run (say 100 billion or so?). Too few coins can seem like a strong/rare coin initially, but for long term it's completely pointless expecting the masses to deal in 8 decimal fractions. 2 decimals yes, that's what we all use now and are used to, maybe 3 would be ok but then it gets silly after that (imo).
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