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Topic: Always look at the coins MAX supply - page 4. (Read 1034 times)

hero member
Activity: 3178
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July 14, 2020, 05:39:57 AM
Coin max supply is something to watch out for, I'm not saying they are entirely bad but you need to know what the utility of the project is all about before investing, some high max supply are just bad to begin with judging from the projects use case aspect
Exactly, but we know the use case of the problem and we understand that the supply is justifiable then we should not be complaining or seeing it as a bad project, mentality of typical investors are all the same, they think huge supply project is a bad project, which is not really as its proven by some successful projects in the market with huge supply.
member
Activity: 742
Merit: 16
July 14, 2020, 04:16:27 AM
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 at something with max supply of only like 1 million.
I agree with your basic point but i think you have too ambitious target of max supply as i have never seen any serious project with a supply of only 1 million coins, i think coins with billions in supply should be discouraged and there should be some limit when it comes to max supply like 100 million or 200 million. I have seen almost all new coins dumping hard that have supply in billions.
You have a point and at the same time it doesn't count, say that to ripple who has almost 100 billion in max supply and trading at 0.2$, there are other few coins with 21billion max supply that are trading at 0.25$ to 0.30$, I'd say it's about the team management and professionalism
legendary
Activity: 3066
Merit: 1129
July 14, 2020, 03:59:22 AM
The maximum supply and circulating properly will lose its significant in terms of investment perspective  when a coin or token has all the reasons for investors to buy and hold. I mean if the coin or token is attractive enough for some reasons like POS or discount on paying fees or anything else similar to these, then it will keep on attracting new investors which will be more than enough for making it higher value over the time regardless of how much circulating supply or maximum supply of that coin or token is basically having.

I am not saying we do not need to look into the maximum supply of coin like how OP is trying to emphasize. At the same time, we do not need to ignore a coin just for the reason of having massive supply than what we are usually having like bitcoin and any other tokens. We must need to agree that maximum supply is having primary role in deciding value of a coin but not limited to in all cases.

For a real world problem addressing coin or token, massive supply is not a stopping thing by considering how many people are still yet to adopt cryptocurrencies in coming day Smiley.
member
Activity: 1078
Merit: 10
July 14, 2020, 02:52:36 AM
I agree with your opinion, I always pay attention to the token Max Supply and it is a bad sign if it is much more than Circulating Supply. You should always check the unlock schedules.
member
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July 14, 2020, 02:41:03 AM
Once upon a time I used to get my eye on max supply, thinking that low max supply coins will have better value faster but all coins I invested on because of low max supply ends up not so satisfying, real use case is 100% important, no more or less
member
Activity: 434
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July 14, 2020, 02:30:57 AM
Utilities of every Blockchain projects are the top priority, max supply only has a problem when not much people are adopting the project, even top exchanges tokens get burnt, max supply can easily be fixed with burning off tokens or coins, utility comes first
sr. member
Activity: 569
Merit: 250
July 13, 2020, 06:55:32 PM
In my opinion, the quality of the coins is prioritized, there are also many coins which have a large supply and are able to compete with the top coins today such as DOGE Coin.
The quality should have come to the first consideration before trying to determine how good the coin was and it can't be done through the maximum supply as it was not telling us about how good the sentiment, fundamental and community behind the project. Max supply does a small impact only.
copper member
Activity: 1190
Merit: 3
July 13, 2020, 04:55:31 PM
Yes. The maximum supply really drags the price of the coin or token down. If users want to buy it and its easily available, of course the price will be less as too much quantity is available for sale due to max supply. If this supply can be reduced, demand will automatically grow and we can see an increase in price.
member
Activity: 70
Merit: 15
July 13, 2020, 04:52:07 PM
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
We cannot judge based on the total supply of a coin or token, because the most important number is the market cap. Some tokens are created for the purpose of payment, forcing its total supply to be large (like XRP).

The price if formed from the market caps relation to the circulating supply and looking at the max supply helps you to predict the price development.
full member
Activity: 447
Merit: 100
July 13, 2020, 10:45:01 AM
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
We cannot judge based on the total supply of a coin or token, because the most important number is the market cap. Some tokens are created for the purpose of payment, forcing its total supply to be large (like XRP).
sr. member
Activity: 1988
Merit: 453
July 13, 2020, 08:04:38 AM
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

Hmm.. how many of the altcoins have any real usage, other than as speculative investment? Out of the 10,000 or so altcoins and tokens created so far, at the most 100 or so may be having a real use. Examples are ETH (for smart contracts), BNB (for usage in Binance exchange) and USDT (as a stable coin). Apart from these few dozen coins, the remaining 99% or so doesn't have any real-life use. 
member
Activity: 789
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July 13, 2020, 07:14:49 AM
Want to supply a little or a lot does not guarantee a coin project can be good. Actually I think it depends on the expertise of the coin creator or developer in developing the coins they launch. Of course, they can make an interesting breakthrough that can convince investors to get interested in the project.
member
Activity: 252
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July 13, 2020, 05:45:40 AM
Most projects are not living up to their standard if not billion supply isn't too much if there is good adoption, we have billions of humans on the surface of earth so billion max supply isn't a bad idea it's just that crypto isn't seeing enough adoption yet
jr. member
Activity: 42
Merit: 2
July 13, 2020, 03:35:57 AM
The larger the supply, the more capital it needs to spike in value.
This is relative. Indeed a coin with large supply will need more capital to spike in value, but since the price is lower the gains are much higher. I.E. if a coin is $0.01 is easier to go 5x and get to $0.05, compared to let's say ETH which it will need to go over $1200 to make the same 5x gains. Imagine how much money you need to push ETH to 1200+.
hero member
Activity: 2352
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July 13, 2020, 03:09:28 AM
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

So funny to see guys commentate on max supply not good, not bad, etc. If your coin does not have usage, it matters nothing if you have a low or high max supply,,, Many altcoins tried "low supply" and then talk about scarcity factors but no one gives a crap if it is not even accepted by a single merchant in the world.
sr. member
Activity: 1022
Merit: 277
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July 13, 2020, 01:50:31 AM
In my opinion, the quality of the coins is prioritized, there are also many coins which have a large supply and are able to compete with the top coins today such as DOGE Coin.
I think doge is different from the new projects that have the large supply, doge is an old coin and we can't deny that this is really a quality coin. But those who are a newly built project that has a large maximum supply, I doubt that they can compete with top altcoins in the market.
full member
Activity: 784
Merit: 101
July 13, 2020, 01:47:52 AM
I do not understand why people do not care about this. It is a good indicator if the price for a token in a pre-sale is not over-rated. I give you an example, 1 token is sold for 1USD in a token sale, there are 1 billion tokens in supply, to reach this price after a token sale, the total market cap has to be 1 billion USD, that is more than NEO or VeChain market cap - so as you can see, it doesn´t make a sense and probably it is not profitable for you.
member
Activity: 406
Merit: 37
July 13, 2020, 01:40:57 AM
In my opinion, the quality of the coins is prioritized, there are also many coins which have a large supply and are able to compete with the top coins today such as DOGE Coin.
hero member
Activity: 1246
Merit: 501
July 13, 2020, 01:17:17 AM
total supply indeed greatly influences the price of coins to go up or down because of the total supply we can easily predict the price of the coin
I prefer to buy coins that have a total low supply even though the price is expensive because it can more easily provide profit
legendary
Activity: 3234
Merit: 1130
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July 13, 2020, 01:13:55 AM
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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