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Topic: Are cryptocoin economies entering a deflationary phase ? (Read 339 times)

sr. member
Activity: 405
Merit: 250
What economy?  Grin

To be serious, no new money is coming in.  Most of the 'dumb' money already went to the sharks, so we need more fish in the pond to make the 'economy' grow.  But I personally don't see it happening in a while.

I expect some nerd money to enter xmr ecosystem once cryptokingdom launches, then that will start a suction effect from some lesser coins into monero .

Coin eating other coins to survive
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
What economy?  Grin

To be serious, no new money is coming in.  Most of the 'dumb' money already went to the sharks, so we need more fish in the pond to make the 'economy' grow.  But I personally don't see it happening in a while.
legendary
Activity: 1316
Merit: 1014
ex uno plures
From an interesting article I read on zerohedge, regarding the 'real' global economy, (http://www.zerohedge.com/news/2015-08-03/largest-financial-departure-reality-human-history)

Quote
"Commodities priced below the cost of production for most producers is exactly what one would expect in a deflation, as a combination of supply glut and lack of purchasing power drastically undercut price support. "

Are we entering a similar deflationary era in cryptocoin economies ?
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