Bitcoin Forum
May 05, 2024, 10:06:27 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 [9] 10 »  All
  Print  
Author Topic: Always look at the coins MAX supply  (Read 1034 times)
Mpamaegbu
Legendary
*
Offline Offline

Activity: 2688
Merit: 1208


Once a man, twice a child!


View Profile
August 23, 2020, 04:11:11 PM
 #161

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)
Going by your assessment, many here will miss it obviously. It is not always that way. I have seen coins in billions that did very well and had good runs. Let me illustrate this with ONT (did over $10 with its 1billion total supply) and Curio (less than $2 with just 2million supply) So, you can see that your theory isn't the norm. There are exceptions. I think it depends on what the project is about and hype too.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
1714903587
Hero Member
*
Offline Offline

Posts: 1714903587

View Profile Personal Message (Offline)

Ignore
1714903587
Reply with quote  #2

1714903587
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714903587
Hero Member
*
Offline Offline

Posts: 1714903587

View Profile Personal Message (Offline)

Ignore
1714903587
Reply with quote  #2

1714903587
Report to moderator
1714903587
Hero Member
*
Offline Offline

Posts: 1714903587

View Profile Personal Message (Offline)

Ignore
1714903587
Reply with quote  #2

1714903587
Report to moderator
1714903587
Hero Member
*
Offline Offline

Posts: 1714903587

View Profile Personal Message (Offline)

Ignore
1714903587
Reply with quote  #2

1714903587
Report to moderator
Alohadanc3
Member
**
Offline Offline

Activity: 1050
Merit: 10

Martian Swap - Anti Whale Measures New Yield Farmi


View Profile
August 23, 2020, 04:58:18 PM
 #162

Yeah, you are right. The max supply of a coin is very important. And it has a very big impact on that coins price. So high max supply coins need more marketcap to reach a certain amount of price. But that doesn't mean that the coin is not ginna give profit. Most of these huge supply coins are at low price and they also could double triple regarding on many factors. But the mac supply is also important when you pick ck a new coin. Caus many projects have hug diff between max supply and circulating supply. So be careful and check every aspect of a coin.

blue_hurricanger
Full Member
***
Offline Offline

Activity: 653
Merit: 183


View Profile
August 23, 2020, 05:58:20 PM
 #163

Look at the max supply is the first thing I do when researching any new project. You need to understand the basic feature of that new project to see how their max supply and circulating supply making sense. If that project has a long goal with a sensible case to use their coin, being a high amount of supply or a low amount of supply doesn't mean much, at least for me.
chakhigh
Member
**
Offline Offline

Activity: 616
Merit: 10

FRX: Ferocious Alpha


View Profile
August 23, 2020, 06:04:41 PM
 #164

Actually, the supply of any particular coin works in correlation with its demand. So, we can not say for sure that supply is the only factor for price surge.
Take for example xrp, tron, and cardano, they have huge supply, but does this mean the price will go up or down based on their supply variation?
No, it doesn't have to be that way..

Now, YOUengine is an other upcoming project that has huge supply and solid utility. Will this project drop in price, because of its supply?!!
I don't think so! It is all about the DEMAND. If there are huge investors and big demand for this platform from advertisers and users, then its value will go up. Hence, its price will grow too.


shakesbear
Member
**
Offline Offline

Activity: 684
Merit: 10


View Profile
August 23, 2020, 06:15:55 PM
 #165

I think this max supply not the main thing, if someone is profitable to pump a coin, they will do it without paying attention to how much coins.

░░▒▒▓▓▓▓▓************** DFINANCE is New Age of DEFI **************▓▓▓▓▓▒▒░░
░░▒▒▓▓▓▓* Bitcointalk ▐  TwitterReddit ▐  Telegram ▐  Github ▐  Discord *▓▓▓▓▒▒░░
░░▒▒▓▓▓** A Non-Code Platform for Decentralized Trading Instruments **▓▓▓▒▒░░
AbNewton
Member
**
Offline Offline

Activity: 126
Merit: 10


View Profile
August 23, 2020, 07:59:07 PM
 #166

Maybe the max supply is not very important as you have seen. Look at the market, there are plenty of coins even it don't have a limited max supply, still fetch for a good price. A good use case is far more important than try to hold a coin with limited max supply as its main attraction.
Obviously, a good use case on a product from a project is a very important thing to look at rather than keep the coins at a max supply, because we can see the progress of a project through the number of products used by everyone in real time.
Yes, I think the idea of causeing demand by limited the supply is quite old and doesn't work anymore in today's market. Look at the top altcoin on CMC expect ETH and BTC, see any coin stay there just because they have a low supply? Don't count in the new one since their price hasn't stabilized yet.
Leonardo7
Member
**
Offline Offline

Activity: 686
Merit: 15


View Profile
August 23, 2020, 08:18:14 PM
 #167

You are making sense but heavy supply with a sound staking plan means good, I understand most persons think HEX is a scam, because of this assumption, I boycott the bounty which would have been my best rewarding bounty of all time. Although it has 250B maximum supply, it still came up good in the market, many projects are taking from their lead.
aemma
Copper Member
Member
**
Offline Offline

Activity: 966
Merit: 14


View Profile
August 23, 2020, 08:33:57 PM
 #168

In the crypto space today, there are many people who prefer coins with less supply and there are others who prefer those with billions of supply. In the same way, there are projects which chooses their maximum supply based on what they are trying to achieve and so on. So what I can say is, maximum supply goes beyond what we think it is, because there are projects with billions supply doing well in the same way there are those with less supply (maybe millions) still doing well. But amidst whatever reason a coin will end up with millions as maximum supply or billions as maximum supply, the valuable nature of that project will still come from how good the team are, how good the use case is and how good the community is, among others.
pixie85
Hero Member
*****
Offline Offline

Activity: 2142
Merit: 524


View Profile
August 23, 2020, 08:34:10 PM
 #169

You are making sense but heavy supply with a sound staking plan means good, I understand most persons think HEX is a scam, because of this assumption, I boycott the bounty which would have been my best rewarding bounty of all time. Although it has 250B maximum supply, it still came up good in the market, many projects are taking from their lead.

Most people think HEX is a scam because it's a scam made by a shady individual that is a guy who changed his name to Richard Heart for the purpose of establishing presence on youtube. Does he look like a trustworthy person to you? Does HEX have a real world use? For me the answer to both questions is no.

Don't ever think that a scam coin can't have a pump and a pumping coin can't be a scam. You are being naive.
Inkdull
Member
**
Offline Offline

Activity: 238
Merit: 10


View Profile
August 24, 2020, 08:13:39 AM
 #170

Coins with low max supply isn't always a good choice unless the project has what it takes to survive on the long run, max supply shouldn't be a reason to keep a coin or token in your wallet, many coins with low max supply have died, I'm less into Max supply and more into utilities

▬▬▬▬▬▬▌   Vulcan Forged    ▐▬▬▬▬▬▬
▬▬▬▬▬▬▌    Telegram   ▌    Discord      ▌     Twitter      ▐▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬   DISCOVER   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬
aesma
Hero Member
*****
Offline Offline

Activity: 2380
Merit: 916


fly or die


View Profile
August 24, 2020, 08:18:35 AM
 #171

The OP is both right and wrong.

Wrong :  The number of tokens in itself is meaningless. It affects the potential value of each token, but not the global value of the total supply.

Right : The total supply, the fact it's fixed or increasing, the fact it increases at a fixed rate or not, matters. BTC with its fixed supply is considered a store of value. If the supply wasn't fixed but increased slowly, like gold, it would still work. If you had millions more BTC each year, it wouldn't be a store of value.
coin-investor
Hero Member
*****
Offline Offline

Activity: 2828
Merit: 575


Leading Crypto Sports Betting & Casino Platform


View Profile
August 24, 2020, 10:38:22 AM
 #172

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)

We seldom see projects with that supply the lowest I've seen was 5 million but the supply is not a guaranty in the success of the project Tron and Ethereum have billions of supply but look at their standing in the market they are doing great and fine, Ethereum is in the second spot, it's not the supply that will guaranty success there are many factors and platform and usage are just two of the main factors, marketing plays a crucial factor too.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
taguig
Copper Member
Member
**
Offline Offline

Activity: 479
Merit: 11


View Profile
August 24, 2020, 11:12:32 AM
 #173

It has no bearing or importance coin is the least of the concern the big concern is the team project's potential in the market and who are the team behind the project, this two are what matters supply is the least importance among investors.
bittick
Hero Member
*****
Offline Offline

Activity: 2296
Merit: 506


Cryptocasino.com


View Profile
August 24, 2020, 11:38:23 AM
 #174

We can use a few succeed coins with low supply to justify its worth but let be real, many coin have a similarly low amount of supply but still fail miserably. Why? Because the main reason for a crypto success isn't just trying to have a low amount of supply as possible.
The total supply doesn't matter a lot in this case but people must try to take a look at how good the development that has already bought by the team for the project. Investors were never seeing the total supply as the main indicator to determine the future of project too.

lebregone
Jr. Member
*
Offline Offline

Activity: 298
Merit: 5


View Profile
August 24, 2020, 11:45:58 AM
 #175

Your mindset is not that bad as you have a good point to it, if you are going to visit any sites where you can compare their total supplies then we can say that you have
a point.

But with regards to profit, I guess max supply or circulating supply will not vary anymore because we still have a chance to earn a better profit to a new potential project
even if they have a huge amount of supply as we are the first to invest to it and for sure the team has the plan to lessen the supply like buying it back or burning the unused coins/tokens.
noorman0
Hero Member
*****
Offline Offline

Activity: 1764
Merit: 694


[Nope]No hype delivers more than hope


View Profile WWW
August 24, 2020, 12:57:06 PM
 #176

Go back to the service offered or the problems the project wants to solve. For example, in a marketplace platform project, where the owner wants to make it easier for users to calculate currency denominations to keep it in round units to shop for one item and their tokens can represent the value of a certain currency. So they prepare a total supply large enough to cover market demand or if the token price has increased.

In this case, the target price in the exchange is not really thought of because they only focus on the convenience of their customers.

This space for rent.
Available in mid January 2024 - PM me
H1N1
Full Member
***
Offline Offline

Activity: 812
Merit: 100



View Profile
August 25, 2020, 03:34:48 AM
 #177

It is very important to know the coin specification before we buy the coin, and max supply is one of the crucial information.
Another thing to know is the premine amount of the coin, we won't know if the premine is big and this will make the coin price dump in the future.
In conclusion, we must know what we buy, coin specification is the information we need first.

Kunnu
Member
**
Offline Offline

Activity: 1204
Merit: 11


View Profile
August 25, 2020, 07:20:58 AM
 #178

You're point of view is reasonable here, I have noticed so far that those coins which have massive maximum supply always struggles in market in my opinion those coins which have lowest maximum supply, these are much capable to make huge amount of profit.
Skinny48
Member
**
Offline Offline

Activity: 448
Merit: 18


View Profile
August 25, 2020, 07:24:35 AM
 #179

Max supply isn't what you should always look at, it's better to look out for team capability and further developments, rather stay focus on the project roadmap and of cause the project real use cases instead

shaheer001
Full Member
***
Offline Offline

Activity: 1274
Merit: 100



View Profile WWW
August 25, 2020, 07:34:34 AM
 #180

I think it totally depends on the demand of the coin if the demand is very high then the token/coin price will increase as you can see there are many projects in top 100 rankings on CMC which price has 100 times increased since 2016.

Pages: « 1 2 3 4 5 6 7 8 [9] 10 »  All
  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!