To all expert investors on here

[Wincob]

As good as gala games project is I hate the high inflation part, is it true that the supply keeps growing as time goes on? Does it make sense to invest in a project with none fixed max supply?

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[TastyChillySauce00]

As good as gala games project is I hate the high inflation part, is it true that the supply keeps growing as time goes on? Does it make sense to invest in a project with none fixed max supply?

The most relevant answer for your question. https://www.quora.com/What-is-the-max-supply-of-Gala-cryptocurrency

There's was a small note for that as coinmarketcap was also erasing the maximum supply like another site. That means if the maximum supply is still remain unknown and it may have unlimited supply. The circulaying supply will be going up as more and more new tokens will be unlocked.

You must have learned a lot from SLP and how it has become a shitty token with no value due to the hyper inflation and no maximum supply.

[KaliLinux]

I believe there is this double standard in the cryptocurrency system. If I might ask, what is the max supply of Ethereum?

So I might ask the same question you asked, Is it safe to have invested in Ethereum? I guess yes cos this has not been a problem with ETH but people or investors are not talking about it and still is the second cryptocurrency ever since. I think it is about investors' adoption and what the project brings as we have seen with ETH Network and maybe less of the known max supply cos if it was the case, why has Eth been able to get to where it has.

[cryptoaddictchie]

As good as gala games project is I hate the high inflation part, is it true that the supply keeps growing as time goes on? Does it make sense to invest in a project with none fixed max supply?

Take for example ethereum. Even with its none fixed supply, it grows rapidly due to its use case so is other tokenomics of projects. Its really depend on the project use case, since it would affect how the supply is being used. Also another example is slp which also turn down due to lack of massive use case. Its case to case basis actually how the economy of such project would affect it.

[hugeblack]

For the price to grow, you need two aspects, namely, the increase in demand and the stability of supply, so that a random quantity cannot be mined in a large way. If the order is achieved, the price will increase regardless of the final price that the currency will reach.

But in general, if the currency has an infinite supply, it is not good for long-term investment, unless you are confident that the demand will continue to grow.


If the quantity supplied for that currency increases in a clear and specific way, and there is no way for developers to suddenly add millions of them, then the final supply will not affect the price in the medium and short term.

[tvplus006]

Take for example ethereum. Even with its none fixed supply, it grows rapidly due to its use case so is other tokenomics of projects. ..

It should be remembered that after last year's London hard fork, Circulating Supply ETH increased by only 5 million coins https://web.archive.org/web/20210805135537/https://coinmarketcap.com/. During the same time, 2.5 million coins worth $ 8.5 billion were burned https://ethburned.info/ This indicates that Ethereum has not become deflationary, as expected after the London hard fork.

[zasad@]

Ethereum should go deflationary soon after the Merger. Effirium will have the lowest inflation when compared to other ecosystems, because there will be no more rewards for miners and burning will continue to work in the new ecosystem.

[minairia3]

As good as gala games project is I hate the high inflation part, is it true that the supply keeps growing as time goes on? Does it make sense to invest in a project with none fixed max supply?

Supply is not the deciding factor for the success or failure of the project. It is true that bitcoin has a limited supply and it becomes more expensive when the supply is limited, but bitcoin is a special case. Look at Ethereum, it has no supply but is still growing and continues to be strong today. The coin is good or not depends on each use case, the utility it brings to the user.

[Wincob]

As good as gala games project is I hate the high inflation part, is it true that the supply keeps growing as time goes on? Does it make sense to invest in a project with none fixed max supply?

The most relevant answer for your question. https://www.quora.com/What-is-the-max-supply-of-Gala-cryptocurrency

There's was a small note for that as coinmarketcap was also erasing the maximum supply like another site. That means if the maximum supply is still remain unknown and it may have unlimited supply. The circulaying supply will be going up as more and more new tokens will be unlocked.

You must have learned a lot from SLP and how it has become a shitty token with no value due to the hyper inflation and no maximum supply.

Haa you are a life safer, what other project can you recommend that's good as gala games but limited supply?. Any?.

[RussianEnglishTranslation]

To invest in a project it needs to have a clear total supply, circulating supply, and inflation. Why would you invest in a project that has an infinite supply? (I made that mistake with FARM)

Some projects have a low supply, which is better for investors but may affect the long term viability of the project. Projects like XRP and CNDL have settled for 100 billion, and that seems to be a good number for blockchain projects because the low initial price per coin makes it very attractive to investors.

[Saisher]

As good as gala games project is I hate the high inflation part, is it true that the supply keeps growing as time goes on? Does it make sense to invest in a project with none fixed max supply?

Take for example ethereum. Even with its none fixed supply, it grows rapidly due to its use case so is other tokenomics of projects. Its really depend on the project use case, since it would affect how the supply is being used. Also another example is slp which also turn down due to lack of massive use case. Its case to case basis actually how the economy of such project would affect it.

I agree, that not all projects are created equal and we cannot make a general statement, it all boils down to use case and platform, I have seen projects with massive supply and ended up burning their supply because they cannot keep up with use case, you cannot compare Eth to a gaming project which hardly can keep up with the competition.
So it's better to check on the project you're investing in and check if the use case, platform, and community can keep up with the supply.

[raidarksword]

You should not look into the fixed max supply of gala, but instead look up on their ecosystem itself that changing the NFT space in high level of competition and development as well.  GALA did a great run during bull seasons that's why it all worth it to invest on it hence it can go upwards when green market resumes.

[Bitstar_coin]

I believe there is this double standard in the cryptocurrency system. If I might ask, what is the max supply of Ethereum?

So I might ask the same question you asked, Is it safe to have invested in Ethereum? I guess yes cos this has not been a problem with ETH but people or investors are not talking about it and still is the second cryptocurrency ever since. I think it is about investors' adoption and what the project brings as we have seen with ETH Network and maybe less of the known max supply cos if it was the case, why has Eth been able to get to where it has.

Yeah, you are very correct, investors don't seem to have a problem buying and holding eth for long-term profit despite its infinite supply, and I still wonder how eth manage to rose to this amount with such a huge supply, I get eth has a lot of user base with high demand but does that enough for the price to be this high?
No doubt eth ecosystem is very large but now there are similar blockchains offering something close to what eth is providing to the blockchain community. Hence the demand is less than what it used to be but that didn't really affect the price if not for the current bear market.

[hyudien]

As good as gala games project is I hate the high inflation part, is it true that the supply keeps growing as time goes on? Does it make sense to invest in a project with none fixed max supply?

The title and content don't match what you're asking for in a project that not all investors may be interested in this altcoin. Regardless of what you ask, basically the coin game has a lot of high competitors. The hype over the same concept and inconsistent profits made the hype temporary and then early-entry investors walked away with all the profits. Only a handful of investors do not know when the time is right for CL.

[cryptoaddictchie]

Ethereum should go deflationary soon after the Merger. Effirium will have the lowest inflation when compared to other ecosystems, because there will be no more rewards for miners and burning will continue to work in the new ecosystem.

Im excited to see what would be the outcome of this on long term perspective especially when miners would run out of rewards, are they gonna shift to staking or transfer to other mining coin instead. A good thing to look forward actually. But with eth fix supply soon, of course we can think of it as good as lower supply means higher demand.

It should be remembered that after last year's London hard fork, Circulating Supply ETH increased by only 5 million coins https://web.archive.org/web/20210805135537/https://coinmarketcap.com/. During the same time, 2.5 million coins worth $ 8.5 billion were burned https://ethburned.info/ This indicates that Ethereum has not become deflationary, as expected after the London hard fork.

Yes I knew but I just stated the infinite supply of eth as its nature(which will change soon).

[Panos Markovits]

Gala coin keeps growing fast, The existence of a maximum supply is because they want to limit the number of coins that are going to be available. Now, what benefit is there to limiting the number of coins? There will be less probability that the currency will lose its value, and it also allows the project to have a potential target value. So if you invest in a coin with no supply, the only way that it can increase is based on demand. Thats why most altcoin tend to just increase upwards with no plan or goal (speculation).