Always look at the coins MAX supply - page 9.

torrantz

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Quote from: Zotak337 on July 06, 2020, 09:46:22 AM

Quote from: FreeStreamer on July 05, 2020, 07:23:00 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 for something with max supply of only like 1 million. (which of course needs to have a utility too to stay in growing demand)

It's not always about max supply, it seem you haven't seen projects with very low max supply that turned useless? What use is there for a low max supply project with no good use case? Turn your topic around to
Always look at the coin real use case because this is the only thing that will make a coin have good demand

That's a bit too simplistic, there are also many coins with real use case but flop because they lack the marketing the devs also need to think more about bringing fame to their coin. People not gonna know your coin magically they need to be informed first, if you can't even make people know about your coin forget all the use case, no one gonna use them.

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Quote from: FreeStreamer on July 05, 2020, 07:23:00 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 for something with max supply of only like 1 million. (which of course needs to have a utility too to stay in growing demand)

It's not always about max supply, it seem you haven't seen projects with very low max supply that turned useless? What use is there for a low max supply project with no good use case? Turn your topic around to
Always look at the coin real use case because this is the only thing that will make a coin have good demand

bukham88

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Coin quality must also be considered before investing because all investors are interested in investing because of the quality of the coin.

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Quote from: FreeStreamer on July 05, 2020, 07:23:00 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 for something with max supply of only like 1 million. (which of course needs to have a utility too to stay in growing demand)

Ideally that should be the case. But then how can you explain the growth of Dogecoin? For DOGE, there is no maximum limit on the number of coins mined. In short, it is not deflationary like many of the other cryptocurrencies and in this aspect it is similar to fiat currency. But that hasn't prevented Dogecoin from becoming one of the most popular coins. As of now, it is having a market cap of $296 million.

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This is an important thing. Max supply must be seen before buying any crypto coin. It is often seen that the price of a coin stays much higher even after having a huge supply. There is a huge reason behind this as they slowly sell their hold coins to retail traders. However, max supply is not important in all cases, in some cases demand is more important than supply.

If the project has the ability to do something good in the future, then more people will buy those coins and liquidity will increase. And when the demand for a coin increases among traders, then the supply of that coin cannot affect the market price.

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Quote from: FreeStreamer on July 05, 2020, 08:50:16 AM

No, I'm not saying that. I'm just saying it's more likely because the liquidity required for them to perform like that is much smaller. Of course they also need an actual utility to make sense and to be interesting.

Maybe I can understand that point. However this is not the only basis as Ive explained it to you. I think its much more important the demand and the use case of such a project. I know the lower supply the high chance to grow. I remember there is a project called trident, its just a community coin and its supply is really low but even so the value still low there are times the projects become valuable but only due to marketing hype, actual use case? Cant see it. Now its dead.

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Quote from: omnik on July 06, 2020, 04:39:38 AM

Quote from: ?? on ??

Personal I hate huge max supply because I don't see the need for it. It appears more like someone is greedy here. Must of the time the coins with small maximum supply tends to do well in the market than when we have huge maximum supply. For a better performance, I will advise small maximum supply.

It all depends on the demand honestly, a coin can have minimal supply but if no one find the use of it then it as good as nothing, there's always reason why projects developer set that high amount of maximum supply, greedines could be one of them but if the coin have many demands its still valuable.

Of course it depends on the demand, but still if the max supply and emission of coins is rapid, it will require an extremely wide and large demand to actually be worth anything. In economy demand is expressed by purchase. Not like in usual context by demanding something verbally.

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yes, logically it is true that coins which have a maximum supply of large amounts, will be difficult to reach the highest price. because it takes a lot of money that goes into the coin to pump the market cap and price, also to reach the maximum amount of supply so that the coin price can pump up.

omnik

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Quote from: ?? on ??

Personal I hate huge max supply because I don't see the need for it. It appears more like someone is greedy here. Must of the time the coins with small maximum supply tends to do well in the market than when we have huge maximum supply. For a better performance, I will advise small maximum supply.

It all depends on the demand honestly, a coin can have minimal supply but if no one find the use of it then it as good as nothing, there's always reason why projects developer set that high amount of maximum supply, greedines could be one of them but if the coin have many demands its still valuable.

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Quote from: FreeStreamer on July 05, 2020, 07:23:00 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 for something with max supply of only like 1 million. (which of course needs to have a utility too to stay in growing demand)

Well, this is a wrong assessment; a token total supply does not correllate how much value it will possess today or tomorrow; Because bitcoin has 21 million total cap and is trading at over 8000$, does not take away the fact that hybrix token is also 21 m cap and is struggling at 0.5$ in the same crypto currency sphere. Also, etherum with its incredible supply is trading well, and well positioned on the coinmarketcap ratings.

Know this; be it a million token supply or a billion token supply; a good token is a good token, while a bad one is just bad. no buts, no reasons.

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Quote from: imons on July 05, 2020, 12:48:07 PM

Quote from: takana212 on July 05, 2020, 11:57:03 AM

The supply of tokens is indeed very influential on the price of the token because the more stock of coins the more difficult it is for the coins to pump.
so the maximum supply of coins also needs to be considered before investing.

Nevertheless, lets not forget that lower max supply and/or burn of the asset does not guarantee higher demand (of shitcoin for instance)

Of course it does not guarantee demand. Utility creates demand. That's why I wrote it on the topic.

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Quote from: takana212 on July 05, 2020, 11:57:03 AM

The supply of tokens is indeed very influential on the price of the token because the more stock of coins the more difficult it is for the coins to pump.
so the maximum supply of coins also needs to be considered before investing.

Nevertheless, lets not forget that lower max supply and/or burn of the asset does not guarantee higher demand (of shitcoin for instance)

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I really don't think it matters anymore if a coin supply is huge or small. We have had some projects with huge supply doing extremely well in the market and others with very little supply struggling. A good example is Xrp which with its billions of supply has actually done very well in terms of price growth and stability. This against a project like curio which has continue to struggle even with its 2 million max supply. The main focus should be the use case of the project and its adoptability.

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This is not actually a definitive sign that a altcoin is bound to fail just because they have greater supply of their own cryptocurrency, yes it will be harder to pump or influence but it doesn't mean that it will never go up in value. Altcoins like XRP or Cardano who have billions of circulating supply in their history of existence have pumped up their value to thrice or quadruple they currently have during the crypto market bull runs. This is mainly because whales also take advantage of the bigger supply with the big amount of money they have, this just mitigate these crypto having bigger supply compared to Bitcoin as it technically generates more traded volume when it is bought and sold in the crypto market.

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The supply of tokens is indeed very influential on the price of the token because the more stock of coins the more difficult it is for the coins to pump.
so the maximum supply of coins also needs to be considered before investing.

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Quote from: LbtalkL on July 05, 2020, 11:39:42 AM

I cannot totally agree, Do you know that Ethereum does not have a total max supply? Its supply is increasing and it is sitting on the top 2 cryptocurrencies. The success of the project and the ability to spike in not based on supply, it is on the project's dedication, quality, developments, marketing, and the whole idea of course. There are coins that have low supply but a total sh*tcoin so basing on supply does not make sense.

Yes I know., The Infinite supply of ETH means, like I wrote in an earlier comment, that they are keeping the price stable. This is because the price of ETC effects all functions on Ehtereum. It effects the price of ENS domain fees and smartcontract fees. They need ETH price to be stable so that all these fees can be predictable for enterprises to plan their businesses on Ethereum years ahead.

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Quote from: wywoc on July 05, 2020, 11:04:50 AM

I think the most important is the amount in circulation, from which we can calculate the current market capitalization of that coin. Then we need to refer to its vesting period, usually, it takes a long time for a coin to reach its maximum supply.

The market cap is distributed among the amount in circulation. To predict the price performance in long term, you need to figure out the emission of coins and then look at max supply to understand how widely capital will be distributed and diluted in the chain.

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I cannot totally agree, Do you know that Ethereum does not have a total max supply? Its supply is increasing and it is sitting on the top 2 cryptocurrencies. The success of the project and the ability to spike in not based on supply, it is on the project's dedication, quality, developments, marketing, and the whole idea of course. There are coins that have low supply but a total sh*tcoin so basing on supply does not make sense.

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Quote from: wywoc on July 05, 2020, 11:04:50 AM

I think the most important is the amount in circulation, from which we can calculate the current market capitalization of that coin. Then we need to refer to its vesting period, usually, it takes a long time for a coin to reach its maximum supply.

That's right, according to each project's schedule, definitely they will need a lot of time to be able to unlock all of the supply. Just care about the current total supply and quality of the project

monineklutak

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the maximum supply for a project coin certainly affects the price, look at the supply from DOGE or DENT, they are very difficult to ride high, and very easy to dump, honestly I don't like

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