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Author Topic: Question about Infinite supply altcoins  (Read 678 times)
Silberman
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June 09, 2023, 07:57:28 PM
 #61

endless supply, as you say. In other words, it means a crypto currency that has no end and will constantly increase as it increases in the market. In general, all products gain value as they are limited. How valuable can something that is in continuous production be because its circulation will never stop? After a while, it will fall even lower than the prices you bought, and eventually it will inevitably end up as garbage. I am in favor of not investing.
While it is true that a coin with an infinite supply will eventually see its price go to zero, it is important to remember that the supply of a coin is just one side of the coin, it is also important to remember the demand has a great influence on the price of an asset, so even if an asset had a very low supply if it does not have a use case then the demand for that coin will be on the low side and as such it will never become valuable, regardless of the claims the developers behind that coin could make.
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June 09, 2023, 09:58:14 PM
 #62

endless supply, as you say. In other words, it means a crypto currency that has no end and will constantly increase as it increases in the market. In general, all products gain value as they are limited. How valuable can something that is in continuous production be because its circulation will never stop? After a while, it will fall even lower than the prices you bought, and eventually it will inevitably end up as garbage. I am in favor of not investing.
While it is true that a coin with an infinite supply will eventually see its price go to zero, it is important to remember that the supply of a coin is just one side of the coin, it is also important to remember the demand has a great influence on the price of an asset, so even if an asset had a very low supply if it does not have a use case then the demand for that coin will be on the low side and as such it will never become valuable, regardless of the claims the developers behind that coin could make.
Pretty simple, it was another dead project and the developers don't care about it as their intention is to scam people.
Because they'll know that some new investors are looking for cheap coins and they'll give the bait of showing it to them. But as we have enough market experience, we know what will happen next. This is what actually happen to me before, I bought cheap coins thinking it will grow during the bull season but unfortunately, that was a dumb decision as it never happen it grow, instead, it was delisted from the exchanges.


R


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June 10, 2023, 12:05:40 AM
 #63

endless supply, as you say. In other words, it means a crypto currency that has no end and will constantly increase as it increases in the market. In general, all products gain value as they are limited. How valuable can something that is in continuous production be because its circulation will never stop? After a while, it will fall even lower than the prices you bought, and eventually it will inevitably end up as garbage. I am in favor of not investing.
While it is true that a coin with an infinite supply will eventually see its price go to zero, it is important to remember that the supply of a coin is just one side of the coin, it is also important to remember the demand has a great influence on the price of an asset, so even if an asset had a very low supply if it does not have a use case then the demand for that coin will be on the low side and as such it will never become valuable, regardless of the claims the developers behind that coin could make.
that's true, but we also need to know that some infinite supply coins could also have burning mechanism that outweight the coins generated. sometimes the coin being considered or categorized as having some infinite supply coin not because its infinite and the devs gonna generate as much coin as they can but because there's not fixed known total supply, since the coin is minted, but sometimes there's mechanism to counter that such as burning that already mentioned above.
I think it's also important to know how to calculate and projecting how the circulating supply of a project that has infinite total supply.

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June 10, 2023, 10:38:37 AM
 #64

endless supply, as you say. In other words, it means a crypto currency that has no end and will constantly increase as it increases in the market. In general, all products gain value as they are limited. How valuable can something that is in continuous production be because its circulation will never stop? After a while, it will fall even lower than the prices you bought, and eventually it will inevitably end up as garbage. I am in favor of not investing.
While it is true that a coin with an infinite supply will eventually see its price go to zero, it is important to remember that the supply of a coin is just one side of the coin, it is also important to remember the demand has a great influence on the price of an asset, so even if an asset had a very low supply if it does not have a use case then the demand for that coin will be on the low side and as such it will never become valuable, regardless of the claims the developers behind that coin could make.
Pretty simple, it was another dead project and the developers don't care about it as their intention is to scam people.
Because they'll know that some new investors are looking for cheap coins and they'll give the bait of showing it to them. But as we have enough market experience, we know what will happen next. This is what actually happen to me before, I bought cheap coins thinking it will grow during the bull season but unfortunately, that was a dumb decision as it never happen it grow, instead, it was delisted from the exchanges.


Supply and demand undoubtedly influence an asset's price, but let us not forget that utility is the backbone of any token's value. No use case? It's tantamount to holding an unlit torch in the darkest of nights.

You fell for the enticing yet deceptive lure of cheap tokens, hoping for a bullish market to propel their value. Alas, they ended up being delisted - the crypto equivalent of a ghost town. But take heart! These experiences, while not particularly pleasant, are crucial in molding us into shrewd investors. Remember, the crypto market isn't a lottery; it's a game of strategy, and due diligence is the name of the game. Stand tall, and remember, laughter is the best medicine!

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June 10, 2023, 05:10:51 PM
 #65

Friends, can you invest your money on an altcoin that have an infinite max supply? I have interest in a altcoin, it have the ability to render RPC service to other crypto project, but the infinite supply is a big turn off for me, do you think it's worth the risk? The name of this project is POKT, Pocket Network.


it seems that everyone can invest in something like that, but the risk is very big. however if someone is already aware of the current trend they will still jump in and weigh the risks.

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June 10, 2023, 05:34:17 PM
 #66

I think supply doesn’t matter for a good project which they have larger investors community. For a meme coin there is billions supply so that's why there gone to death quickly. But low supply good support for price rising. Even if they have million investors planal then supply not matter for price.
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June 10, 2023, 06:41:10 PM
 #67

Friends, can you invest your money on an altcoin that have an infinite max supply? I have interest in a altcoin, it have the ability to render RPC service to other crypto project, but the infinite supply is a big turn off for me, do you think it's worth the risk? The name of this project is POKT, Pocket Network.

Yes it is very risky in my opinion. Maximum supply is made so that there is no price collapse due to the influence of supply and demand. If that coin has unlimited supply, what happens to the price of that coin? I don't think people will invest in a project like that.

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June 10, 2023, 06:48:09 PM
 #68

I think supply doesn’t matter for a good project which they have larger investors community. For a meme coin there is billions supply so that's why there gone to death quickly. But low supply good support for price rising. Even if they have million investors planal then supply not matter for price.

Supply of coins matter independent of how large or small the community is, how do you think the coin will improve in price when the demand remain the same or lower while the coin keep saturating the entire market, the project will die in a blink of an eye, even this memes like Shiba and Pepe are all cap to maintain a maximum supply and become deflationary when holders send the coins from one wallet to another and I also think Maximum supply, Initial supply and circulating supply all exists for this reason, if you have an altcoin projects project without puting this in place, the project will die and will lack volume because traders wouldn't come close to your projects.

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June 10, 2023, 08:01:27 PM
 #69

Friends, can you invest your money on an altcoin that have an infinite max supply? I have interest in a altcoin, it have the ability to render RPC service to other crypto project, but the infinite supply is a big turn off for me, do you think it's worth the risk? The name of this project is POKT, Pocket Network.

No we have something that already has infinite supply...fiat.  the whole point of crypto was one to take control of your own money as well as a known supply that can never be changed.  If something has infinite supply (doge) price will go in the long run.  Demand for a coin can only get so high so once supply exceeds that demand its to the price cellar it will be headed to.

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June 10, 2023, 11:18:50 PM
 #70

I think supply doesn’t matter for a good project which they have larger investors community. For a meme coin there is billions supply so that's why there gone to death quickly. But low supply good support for price rising. Even if they have million investors planal then supply not matter for price.
supply still matters though despite high demand, simply because there have been history of coin getting massive correction because the vesting is about to unlock thats alone already good sign that total supply does matter a lot.



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June 11, 2023, 12:00:50 AM
 #71

endless supply, as you say. In other words, it means a crypto currency that has no end and will constantly increase as it increases in the market. In general, all products gain value as they are limited. How valuable can something that is in continuous production be because its circulation will never stop? After a while, it will fall even lower than the prices you bought, and eventually it will inevitably end up as garbage. I am in favor of not investing.
even if the coin have limited supply, if it's too much it's also the same as infinite supply, in the case of meme coin in general, they have so much supply that their value each valued like next to zero.
investing in these infinite supply coins just like massive big red flag that instantly makes me hesitant in investing in the coin any further.
heck even with so many vested coins locked up waiting for it to just dump the market right away gives me hesitation of investing in those, after all, we aren't lacking coins for investment.
but finding the coin with prospect is of essence.

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June 13, 2023, 07:38:57 PM
 #72

While it is true that a coin with an infinite supply will eventually see its price go to zero, it is important to remember that the supply of a coin is just one side of the coin, it is also important to remember the demand has a great influence on the price of an asset, so even if an asset had a very low supply if it does not have a use case then the demand for that coin will be on the low side and as such it will never become valuable, regardless of the claims the developers behind that coin could make.
that's true, but we also need to know that some infinite supply coins could also have burning mechanism that outweight the coins generated. sometimes the coin being considered or categorized as having some infinite supply coin not because its infinite and the devs gonna generate as much coin as they can but because there's not fixed known total supply, since the coin is minted, but sometimes there's mechanism to counter that such as burning that already mentioned above.
I think it's also important to know how to calculate and projecting how the circulating supply of a project that has infinite total supply.
It is true but at the same time I consider this to be a marketing device and nothing more, after all would not be more simple to just create a coin with a hard limit and a known inflation rate? Why go through the trouble of creating such a convoluted solution when they could have made it more straightforward? And to me this is simply because of marketing, for a time coins which burned their supply were very popular so developers created their coin in this way to try to take advantage of this kind of hype.
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June 13, 2023, 09:58:47 PM
 #73

endless supply, as you say. In other words, it means a crypto currency that has no end and will constantly increase as it increases in the market. In general, all products gain value as they are limited. How valuable can something that is in continuous production be because its circulation will never stop? After a while, it will fall even lower than the prices you bought, and eventually it will inevitably end up as garbage. I am in favor of not investing.
even if the coin have limited supply, if it's too much it's also the same as infinite supply, in the case of meme coin in general, they have so much supply that their value each valued like next to zero.
investing in these infinite supply coins just like massive big red flag that instantly makes me hesitant in investing in the coin any further.
heck even with so many vested coins locked up waiting for it to just dump the market right away gives me hesitation of investing in those, after all, we aren't lacking coins for investment.
but finding the coin with prospect is of essence.

Price growth is hard if you have infinite supply. You need to find a very valuable reason why you need to use such alt.
And think about the reason why they have infinite supply, normally, it is for the developers' pockets.
A coin with limited supply is the same as well, if there's no valid use case, it can easily go down the drain.
If you want to see if the coin is promising, don't only look for its supply, but will it be used by many or just selected few?
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June 13, 2023, 11:05:24 PM
 #74

Investing in an altcoin with an infinite max supply, like POKT, can be a risky proposition. While the project's ability to render RPC service to other crypto projects may sound promising, the unlimited supply could negatively impact its long-term value. It's essential to carefully evaluate the project's fundamentals, market demand, and potential risks before making any investment decisions.

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June 13, 2023, 11:32:24 PM
 #75

I think supply doesn’t matter for a good project which they have larger investors community. For a meme coin there is billions supply so that's why there gone to death quickly. But low supply good support for price rising. Even if they have million investors planal then supply not matter for price.
it matters a lot. it also determine each coin value beforehand, if the supply reaches hundred billions surely most of the time it's just gonna be another shitcoin.
imagine a project saying they are good project but they have so much total supply it nears infinite i'd be doubtful.
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June 13, 2023, 11:48:21 PM
 #76

I think supply doesn’t matter for a good project which they have larger investors community. For a meme coin there is billions supply so that's why there gone to death quickly. But low supply good support for price rising. Even if they have million investors planal then supply not matter for price.
No man, people keep seeing it as one of important metrict. Infinite supply will give a very bad impact to the project in the long term. Have you ever heard the SLP token? this token was acting as a reward for the players to play axie but this token is die right now. It's caused uncontrollable supply.

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June 14, 2023, 12:24:26 AM
 #77

endless supply, as you say. In other words, it means a crypto currency that has no end and will constantly increase as it increases in the market. In general, all products gain value as they are limited. How valuable can something that is in continuous production be because its circulation will never stop? After a while, it will fall even lower than the prices you bought, and eventually it will inevitably end up as garbage. I am in favor of not investing.
even if the coin have limited supply, if it's too much it's also the same as infinite supply, in the case of meme coin in general, they have so much supply that their value each valued like next to zero.
investing in these infinite supply coins just like massive big red flag that instantly makes me hesitant in investing in the coin any further.
heck even with so many vested coins locked up waiting for it to just dump the market right away gives me hesitation of investing in those, after all, we aren't lacking coins for investment.
but finding the coin with prospect is of essence.

Price growth is hard if you have infinite supply. You need to find a very valuable reason why you need to use such alt.
And think about the reason why they have infinite supply, normally, it is for the developers' pockets.
A coin with limited supply is the same as well, if there's no valid use case, it can easily go down the drain.
If you want to see if the coin is promising, don't only look for its supply, but will it be used by many or just selected few?
true use case is also something crucial for every project same as fundamental as well in which gonna determine the demand.
even though there are some coin that could still thrive without this, but it's important to ensure that even in the future the coin will still have its place and its market capital
to be growing, usually though coin with most use case are those that derived from smart contract blockchain.
we all know ethereum is having infinite supply but it's still considered a good investment because the use case is there.

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icalical
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June 14, 2023, 02:15:13 PM
 #78

Yeah no, just like most people I will be less encouraged to invest in any coin that has infinity supply, one of the reason for an increase in price of a coin is that the demand is more than the supply so people are bidding for the coin, and it's not applicable for a coin that has infinite supply. So no, I wouldn't put my money on project that has infinite supply.

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June 14, 2023, 02:17:57 PM
 #79

Yeah no, just like most people I will be less encouraged to invest in any coin that has infinity supply, one of the reason for an increase in price of a coin is that the demand is more than the supply so people are bidding for the coin, and it's not applicable for a coin that has infinite supply. So no, I wouldn't put my money on project that has infinite supply.
the demand means nothing if the devs could freely mint token and just generate it for their own interest that is to fulfill their greediness because after all, if they are not greedy in the first place they wouldn't have made their coin infinite supply from the start.



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June 14, 2023, 03:17:56 PM
 #80

I think supply doesn’t matter for a good project which they have larger investors community. For a meme coin there is billions supply so that's why there gone to death quickly. But low supply good support for price rising. Even if they have million investors planal then supply not matter for price.
It sounds non sense. did you expect people will not even put their attention on it? i meant people will be careless with the tokenomic of project. It's not the way people are seeing how good or bad the project is.

People will always care about total supply. infinite supply is red flag

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