Question about Infinite supply altcoins

[Xal0lex]

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.

It's not just about the use cases and demand for the blockchain space. We should not forget that well-known smart contract platforms, such as BNB, ETH, also have a combustion mechanism that saves them from increased supply and inflation. Despite the fact that coins with the combustion mechanism also have a maximum supply, it allows them to retain their value well, even during market dumps.

[Shobhikhan_007]

My advice is keep away those kind of altcoins. Because they will not survive in long run.

[Teraboy]

My advice is keep away those kind of altcoins. Because they will not survive in long run.

many of them will survive in the long run but its just that their value will be near zero, just like meme coin with hundred billions
total supply, they did survive but their value usually very low.

[Silberman]

My advice is keep away those kind of altcoins. Because they will not survive in long run.

many of them will survive in the long run but its just that their value will be near zero, just like meme coin with hundred billions
total supply, they did survive but their value usually very low.

And at that point we might as well call them Zombie coins or something like that, after all a coin like that is already dead, it is just that is barely surviving as bagholders keep trying to outsmart each other and get something out of their mistaken investment, but even that small dream will be impossible for the majority of them to achieve as at some point exchanges will delist their coin and that is when they will finally have to accept they wasted their money in a useless coin.

[Blitzboy]

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.

It's not just about the use cases and demand for the blockchain space. We should not forget that well-known smart contract platforms, such as BNB, ETH, also have a combustion mechanism that saves them from increased supply and inflation. Despite the fact that coins with the combustion mechanism also have a maximum supply, it allows them to retain their value well, even during market dumps.

Use case, demand, coin burns - condensing the multifaceted crypto universe into these elements seems rather reductive, doesn't it? Ethereum's smart contracts matter, but isn't its unlimited supply more than a footnote?

Regarding coin burns - BNB and ETH may use it, but does it guarantee immunity from inflation? Is the burn strategy merely a market-manipulating sleight of hand? It might prop up value during a slump, but it also ties the coin's worth to the project controllers' caprice, right?

The crypto realm is an expansive, unpredictable terrain. It's not as linear as use case + demand + coin burn = success!

[doomloop]

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.

It's not just about the use cases and demand for the blockchain space. We should not forget that well-known smart contract platforms, such as BNB, ETH, also have a combustion mechanism that saves them from increased supply and inflation. Despite the fact that coins with the combustion mechanism also have a maximum supply, it allows them to retain their value well, even during market dumps.

Use case is still the most important thing among all and it will be be better if they team it up with a dedicated team. I already saw a lot of coins who have a burning mechanism but they are still dying. Just take a look at ETH. Its supply is huge and I think it was unlimited but the coin still manage to rise. It's because it is the first coin to have a smart contract functionality.

I think ETH don't also have a burning mechanism. While there are also coins who doesn't have a special use case and no burning mechanism but still manage to rise ( Doge coin for example ). It was possible because it was being shilled by a famous personality and that is none other than Elon Musk.

[tvplus006]

many of them will survive in the long run but its just that their value will be near zero, just like meme coin with hundred billions
total supply, they did survive but their value usually very low.

I don't remember that the price of an ETH coin dropped to zero when the burning mechanism was not introduced yet. As for the coin meme, Doge, which has an unlimited supply, shows no signs of collapse, while the price changes in accordance with the general movement of the market.

[WalkerIVIV]

many of them will survive in the long run but its just that their value will be near zero, just like meme coin with hundred billions
total supply, they did survive but their value usually very low.

I don't remember that the price of an ETH coin dropped to zero when the burning mechanism was not introduced yet. As for the coin meme, Doge, which has an unlimited supply, shows no signs of collapse, while the price changes in accordance with the general movement of the market.

eth have really good utility, and their total supply that's supposed to be infinite just because the coin mined every day back then and have no cap unlike bitcoin so they have no idea how many supply until few years in the future, so I guess it's fine calling it infinite supply while really it isn't.

[bittick]

I think total supply that is infinite is fine so long the devs don't have a way to mint the token freely without any restriction because that way they won't have method to make some rugpulls towards their coin.
it's only harmful if the coin generation mechanism is absurd like devs having method to mint token as much as they can then holding the coin will be pointless.

[d3nz]

I think total supply that is infinite is fine so long the devs don't have a way to mint the token freely without any restriction because that way they won't have method to make some rugpulls towards their coin.
it's only harmful if the coin generation mechanism is absurd like devs having method to mint token as much as they can then holding the coin will be pointless.

That's right. I have a high doubt that having an infinite supply can be manipulated by the DEV, and this will surely plummet the price and the holders will surely dump their asset to take their loss or if they will still be willing to wait until the price goes up.

[Xal0lex]

It's not just about the use cases and demand for the blockchain space. We should not forget that well-known smart contract platforms, such as BNB, ETH, also have a combustion mechanism that saves them from increased supply and inflation. Despite the fact that coins with the combustion mechanism also have a maximum supply, it allows them to retain their value well, even during market dumps.

Use case is still the most important thing among all and it will be be better if they team it up with a dedicated team. I already saw a lot of coins who have a burning mechanism but they are still dying. Just take a look at ETH. Its supply is huge and I think it was unlimited but the coin still manage to rise. It's because it is the first coin to have a smart contract functionality.

Those many coins that have a burn feature usually die because they have no demand for blockchain space, especially if we are talking about another smart contract platform. ETH has a huge demand for blockchain space, especially during periods of hype for all sorts of NFTs, memcoins, etc. This is why ETH is always growing, and with the introduction of the combustion mechanism, ETH has also become an attractive asset for investment, so there has been a very frequent outflow of ETH from exchanges and it has been used more often as a means of long-term investment and accumulation, like bitcoin. All this affects the value of this asset.

[Questat]

I think total supply that is infinite is fine so long the devs don't have a way to mint the token freely without any restriction because that way they won't have method to make some rugpulls towards their coin.
it's only harmful if the coin generation mechanism is absurd like devs having method to mint token as much as they can then holding the coin will be pointless.

That's right. I have a high doubt that having an infinite supply can be manipulated by the DEV, and this will surely plummet the price and the holders will surely dump their asset to take their loss or if they will still be willing to wait until the price goes up.

Well, it is not about the longevity of the project but the mean concern here is what will happen to its price in the long run? Probably people don't know it but this won't help to make the value of this project will grow instead, it likely go down and much more if that project has no use case.
That is why I consider buying coins that have a small market supply as it has a bigger chance to grow compared to those projects that have a huge supply and much more if it has an infinite amount.

[bettercrypto]

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.

The question is, are you ready to lose the capital you will use in altcoins? because if Bitcoin is high the risk that can be faced with the investment you will use, how much more so if you choose altcoins to use your investment.

If there is an infinite supply, that's a bit scary for investors to be honest, think about it carefully and do your research well so you won't regret any decision you make in the field of cryptocurrency business industry.

[@sriyan]

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.

I never recommend investing in altcoins rather than bitcoins. Because altcoins are not decentralized like bitcoins. Another thing is the infinite max supply. That means the project can release more tokens in the future. So there is a chance to dump the value of the tokens.

Please look at the following two things:

1. Utility of the token
2. Supply of the token

[AakZaki]

Well, it is not about the longevity of the project but the mean concern here is what will happen to its price in the long run? Probably people don't know it but this won't help to make the value of this project will grow instead, it likely go down and much more if that project has no use case.
That is why I consider buying coins that have a small market supply as it has a bigger chance to grow compared to those projects that have a huge supply and much more if it has an infinite amount.

When a project does not have use cases and is only created when the hype comes, the project will be easy to ignore and abandon.  Altcoins with enough crypto will continue to decline when the hype is over. Like the current trend with memecoin, of course it has a lot of supply and the price increase only occurs in the early days of the project but when the initial investors have left, a big dump will occur. Very risky and requires research for projects with unlimited supply.
Altcoins with unlimited supply such as ETH and DOGE, but both coins are top coins and are trusted with ongoing development.

[Silberman]

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.

I never recommend investing in altcoins rather than bitcoins. Because altcoins are not decentralized like bitcoins. Another thing is the infinite max supply. That means the project can release more tokens in the future. So there is a chance to dump the value of the tokens.

Please look at the following two things:

1. Utility of the token
2. Supply of the token

If people want to trade altcoins or shitcoins then that is on them, as the job of a trader is to try to outsmart the market by buying and selling with perfect timing, but investing in shitcoins is a mistake no matter how much I think about it, as investing means holding the asset you bought for a long period of time, and most altcoins disappear in a matter of months or at most a year, so anyone thinking about investing in those coins is taking a massive risk, which does not correspond with the rewards they want to make.

[JeffBrad12]

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.

It's not just about the use cases and demand for the blockchain space. We should not forget that well-known smart contract platforms, such as BNB, ETH, also have a combustion mechanism that saves them from increased supply and inflation. Despite the fact that coins with the combustion mechanism also have a maximum supply, it allows them to retain their value well, even during market dumps.

that's true, their burning mechanism somehow counter the total coins generated, sometimes the burning even more massive than the generation of the coin.
to put it simply, the supposed infinite supply just an illusion but the total supply usually is rather stagnant, I call those really good coin with good planning.
unlike general token that's infinite supply sometimes they even have method to generate and mint token as their devs will.
it's just matter of how the token or a coin is designed I guess.

[Xal0lex]

It's not just about the use cases and demand for the blockchain space. We should not forget that well-known smart contract platforms, such as BNB, ETH, also have a combustion mechanism that saves them from increased supply and inflation. Despite the fact that coins with the combustion mechanism also have a maximum supply, it allows them to retain their value well, even during market dumps.

that's true, their burning mechanism somehow counter the total coins generated, sometimes the burning even more massive than the generation of the coin.
to put it simply, the supposed infinite supply just an illusion but the total supply usually is rather stagnant, I call those really good coin with good planning.
unlike general token that's infinite supply sometimes they even have method to generate and mint token as their devs will.
it's just matter of how the token or a coin is designed I guess.

It would be interesting to see statistics on how infinite supply and limited supply coins behave over a distance of, say, 3 or 4 years. I'm sure there isn't much difference there, the value is lost in both categories of altcoins. From which we can conclude that limited supply is not a guarantor of altcoin's falling value. What matters here is demand and support from the big players. These are much more important facts than the total supply of coins on the market.

[Bolivar_Tony]

Investing in an altcoin with an infinite max supply can introduce certain risks and considerations. While the project's ability to render RPC service to other crypto projects may sound appealing, the unlimited supply could potentially impact its long-term value and i am not comfortable with it and pass it.

[kevinzxz]

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.

I don't really like to investing in altcoin with unlimited supply, because in my opinion it's too risky and of course the price will definitely be difficult to increase (supply will be more than demand), so it's very difficult to get profit from investing in these altcoin, therefore I do not recommend you to invest in these altcoin, because the risk is very big, but if you are sure and believe in the project, then it is not a problem for you to invest in the project, because maybe you are lucky (get profit from investing in these altcoin).