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Author Topic: Always look at the coins MAX supply  (Read 1002 times)
shoreno
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July 10, 2020, 08:49:01 AM
 #101

I think this max supply issue is vice versa, I've seen few not so good crypto projects with big max supply, looking at the project use case you can easily figure out that the big max supply doesn't make any sense, developers should start looking at use cases closely before releasing big max supply. Most projects don't need big max supply

The supply is not a vital factor for me to evaluate if the project is heading in a good direction or not. Because everyone can manipulate how much coin they want to release. But they can't manipulate how many people will support and use their services or product. If they have usable product, people will notice it. But if they are just using some sort of front as a use case, in time, you will know how many people will truly utilize their product. So don't always look at the coin's max supply but the actual use case in the market.

if they can manipulate the coin then its also easy for them to manipulate people because people will get attracted to thier coin .  @jessyj , they fail because they have a big max supply  .

i saw many people avoid projects that have a high supply but i also agree on @tippytoes said , other factors matter too  . there are big max supply coins that can increase too like the ones that we see today.

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July 10, 2020, 09:03:15 AM
 #102


The max supply isn't as important at what you would think. ETH has infinite supply so it's just not making sense and if the POS starts, everyone can grow their ETH with enough tokens to stake. But look at its price it wouldn't go drop to zero. All because its the bid of the traders that matters, if any will bid at least $0.01 to buy ETH then it has value, and Id anyone in the market will bid $1 per ETH its going to have a value of $1 and the MAX supply doesn't matter.


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July 12, 2020, 07:47:27 AM
 #103

Bitcoin is a perfect example why it's stupid for projects to have huge max supply, as popular as Bitcoin is it's 21million max supply is more than enough, Bitcoin has the highest marketcap and it's the most adopted cryptocurrency but the 21 million supply serves right, Max supplies don't have to be big, it's not about quantities, it's about quality.

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July 12, 2020, 07:49:47 AM
 #104

Bitcoin is a perfect example why it's stupid for projects to have huge max supply, as popular as Bitcoin is it's 21million max supply is more than enough, Bitcoin has the highest marketcap and it's the most adopted cryptocurrency but the 21 million supply serves right, Max supplies don't have to be big, it's not about quantities, it's about quality.
Each project has a different total supply, all depending on the development roadmap of the project. What interests me is the product and quality of those projects. Those things will determine the success or failure of projects

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July 12, 2020, 07:56:30 AM
 #105

Bitcoin is a perfect example why it's stupid for projects to have huge max supply, as popular as Bitcoin is it's 21million max supply is more than enough, Bitcoin has the highest marketcap and it's the most adopted cryptocurrency but the 21 million supply serves right, Max supplies don't have to be big, it's not about quantities, it's about quality.
Maybe your right but sometime infinite coin can also supply the needs of demand. Take for example the ethereum coin, they dont have fixed supply but were able to manage their base price and market position. It is because their demand is high and used mostly on different use casea like defi, and also transaction fee through their network. I think its a case to case basis, when it comes to supply. It could also be a factor to price surge and dump as well.
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July 12, 2020, 12:54:22 PM
 #106

Total supply has alot to do when it comes to price and market value, it is very easy for coins with low total supply to pump within short period of time because the total supply is low, meanwhile cryptocurrency community is very wide, everybody wants to invest in the best project, so definitely demand will be more than supply which will keep pumping the price.

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July 12, 2020, 12:57:35 PM
 #107

The first thing to look for in a project is it's use case, followed by the plan of the team by focusing on roadmap and future plans, Max supply should be the last because it doesn't matter, low max supply don't mean better value for the token or coin

High Rate adoption because of good demand it what matters

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July 12, 2020, 01:08:16 PM
 #108


The max supply isn't as important at what you would think. ETH has infinite supply so it's just not making sense and if the POS starts, everyone can grow their ETH with enough tokens to stake.
Good example that project still moving forward even there's unlimited supplies. It depends from how the team work out and
what are the plans that will provide to attract more investors.


But look at its price it wouldn't go drop to zero. All because its the bid of the traders that matters, if any will bid at least $0.01 to buy ETH then it has value, and Id anyone in the market will bid $1 per ETH its going to have a value of $1 and the MAX supply doesn't matter.
As long as there are people who continue investing to the project it won't turned to zero, price depends from how traders
appreciates and support the coin.

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July 12, 2020, 01:46:44 PM
 #109

Total supply has alot to do when it comes to price and market value, it is very easy for coins with low total supply to pump within short period of time because the total supply is low, meanwhile cryptocurrency community is very wide, everybody wants to invest in the best project, so definitely demand will be more than supply which will keep pumping the price.

In the cryptocurrency market, it is easy to manipulate each and everything. Along with the maximum supply and circulating supply, the percentage of coins which are on free-float also matters a lot. For example, in the case of Ripple (XRP), some 80% to 90% of the coins in circulation are being held by a handful of the promoters. So these coins are not in free-float. Due to this, an artificial scarcity is being created in the market, which pushes the price upward.

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July 12, 2020, 01:48:33 PM
 #110

My only based was not only the maximum supply but also the circulating supply too.
In this way I could have at least have an idea to find out or to determine how much budget they have or fund they can
raise from the project as well. And many more I guess not only for this matter anyway.
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July 12, 2020, 02:11:39 PM
 #111

Honestly I really don't see the need for projects to have such huge supply as billions of it, at the end of the day the token price will only need a miracle to pump a bit, and if it does pump if you are an investor better sell and move on because it will take another miracle for the price to move up again,

I don't fancy project with huge supply, I think it is a punishment on the part of the investors, it will take a very long time to see any meaningful increase in price, it is better to have a small supply.

This is very true, I remember investing in HOT (Holo) for long term and at a point I dumped my bag when price kept going down. The total supply is about 177 Billion and since then, I don't even trade coins with such gigantic total supply, especially when the circulating supply too is massive. Its usually very difficult for price to move up in this scenario, especially with coins having total supply in trillions. Most of their prices are in a range bound market or downtrend.

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July 12, 2020, 06:29:48 PM
 #112

the maximum supply for a project coin certainly affects the price, look at the supply from DOGE or DENT, they are very difficult to ride high, and very easy to dump, honestly I don't like
Not really, that two coins fail to ride high as you said because they are not a good coin from the beginning. There is no vision or clear direction and no unique technology to make those two stands out. Even with low supply, I don't think they will do better.

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July 12, 2020, 07:53:48 PM
 #113

Having a billion supply dosent mean the coin won't have value. It's what you got he to your project and how you handle it that will determine. Supply dosent affect a projects value. Having a smaller supply will just make it look serious but there are many low valueless supply. A good project will be good without any flaws.

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July 12, 2020, 08:00:12 PM
 #114

This is one thing that most people ignored when trying to value a project, you can't expect a token with 100 million total token supply to go up like the one that has 10 million token supply. It is just like saying Doge would hit $100 because Ethereum is valued $200.

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July 12, 2020, 08:04:35 PM
 #115

When a coin is not having a solution to our problems then its value is just a speculative one and in that case, we must look into total supply and circulating supply so that we can predict the future of such coins. But, I guess we do not need to bother about total supply and circulating supply when the coin is addressing a problem we do face in real life more often. Only very few such coins are available, Ethereum must be one of them. Even ethereum is not having any restrictions on maximum supply it has managed to reach 0.11BTC by the beginning of 2018.

Recently when I tried to research about GRIN, I came to know its economy rules like it is having unlimited supply with 1 GRIN per minute kind of emission. It is block generation gap is approximately 10 minutes hence its every block produces 60 GRIN per block which must be making GRIN as a inflated coin hence we cannot expect good value for it over the time.

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irixo10
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July 12, 2020, 08:42:57 PM
 #116

I don't fully agree with you. Maximum supply most times doesn't matter because it is not what truly defines the project in question. What defines a project and as such will determine if it will grow in value or not is the use case of that project, their products and services, this is what really matters. That is to say, so far a project have good use case capable of attracting users it will continue to grow. Most projects have huge supply yet they are doing great, a typical example is Ripple (XRP) while most coins with lesser supplies are not doing well. So in all ramifications, once a project is capable of attracting users via its products and services, it will continue to maintain a reasonable value.

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July 12, 2020, 09:20:23 PM
 #117

Too much max supply is not good but not entirely bad, I believe that what makes a token or coin have better adoption rate is it's use case, let's drop max supply thing and focus on real use case, many coins in crypto space has worse use case that's why they are dragging below till today
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July 12, 2020, 09:41:54 PM
 #118

trivial but very important, before investing I also always see MAX supply, if the supply is small and the price is still cheap I will buy and have no doubt, with a note that the project is indeed good

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July 12, 2020, 10:06:14 PM
 #119

So there's 6000+ coins out there. Look at the max supply. A coin with a large max supply and rapid emission of new coins will most likely never surge in value. This is because the worlds total capital is divided with so many optional coins. The larger the supply, the more capital it needs to spike in value. Even Bitcoin with a max supply of only 21 million needed massive amount of capital to get where it is now. So any coin with double that, will need the double amount of capital to get to the same place. So with so many options out there if you want good value pump. Look for something with max supply of only like 1 million. (which of course needs to have a utility too to stay in growing demand)

Thats right, i believe the law of supply and demand will always give a huge impact on price
So, people must think about the supply on any cryptocurrency
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July 13, 2020, 06:13:55 AM
 #120

I agree with you and this is also the main thing I look for when looking for a project and most of the time I wonder why certain people create projects with very high supplies even though they know that the project they are creating does not have any great use? now altcoins are created out of nothing (without any long-term project) and they use an argument that sometimes makes me think that it is time for governments to severely punish those who create shitty coins because they harm people.

A coin with a large max supply and rapid emission of new coins will most likely never surge in value.

That's wrong, I've seen a lot of coins in the past that surge its value, here are some of the coins.

https://coinmarketcap.com/currencies/xrp/
https://coinmarketcap.com/currencies/cardano/
https://coinmarketcap.com/currencies/holo/
https://coinmarketcap.com/currencies/tron/
https://coinmarketcap.com/currencies/pundi-x/

These are just some,, there's still a lot I did not include anymore since this is just an example, so it proves that the supply is not a hindrance for the success of the project if the team is doing their job to develop the project, in addition, we have to understand that there's always a timing for everything, as of now the market is not bullish but in the long run I believe it will be.

on this list there are only altcoins that are worth less than $1 and maybe they will never reach more than $5 and what makes me sad and that there are still hundreds of people who are investing in these altcoins thinking that one day they will have a price of $100 Is they they'll be rich, i've heard this a lot on youtube

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