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Topic: Iota's total coin supply is Too much.. (Read 373 times)

sr. member
Activity: 379
Merit: 250
November 10, 2017, 12:58:48 PM
#7
Hello  what  do you think about   iota 's  supply?  With  that  big  ammount  of  coin  how  can this  even  make  a x5?  I  think  it's  impossible  to get value even in the remote case it  could be  a  succsessfull  project, because the total coin supply is too much.
What do you think about  this  consideration?

What is the market for microtransactions? For machine-to-machine transactions? Smart contracts? I would put that at trillions, so a lot of room to move, even if it doesn't capture the majority of the market. I think your analysis is based on greater fool's logic, which is simply how many greater fools do I think will latch onto this project in a pump--by that logic, anything in the top ten doesn't look appealing.

IOTA is not a crypto-currency, or well, if it is one, it is a bad one, because as OP pointed it out, the total supply is way too big. However as a micro-transaction tool, it is good, because the transaction cost is really cheap.
member
Activity: 72
Merit: 10
November 10, 2017, 12:51:09 PM
#6
Hello  what  do you think about   iota 's  supply?  With  that  big  ammount  of  coin  how  can this  even  make  a x5?  I  think  it's  impossible  to get value even in the remote case it  could be  a  succsessfull  project, because the total coin supply is too much.
What do you think about  this  consideration?



Maybe some coins are more than just a value? Have you actually looked into IOTA and their whitepaper/roadmap? The plan is to use IOTA for IoT devices. Do you realize how many billions of them there will be? Please do some research before posting FUD like this.
full member
Activity: 395
Merit: 100
November 10, 2017, 11:57:21 AM
#5
Hello  what  do you think about   iota 's  supply?  With  that  big  ammount  of  coin  how  can this  even  make  a x5?  I  think  it's  impossible  to get value even in the remote case it  could be  a  succsessfull  project, because the total coin supply is too much.
What do you think about  this  consideration?



the strong community and smart dev behind this project is the key, the community that always supporting this project
so there is no problem with a lot of supply from this IOTA
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
November 10, 2017, 11:55:39 AM
#4
Hello  what  do you think about   iota 's  supply?  With  that  big  ammount  of  coin  how  can this  even  make  a x5?  I  think  it's  impossible  to get value even in the remote case it  could be  a  succsessfull  project, because the total coin supply is too much.
What do you think about  this  consideration?



What is the market for microtransactions? For machine-to-machine transactions? Smart contracts? I would put that at trillions, so a lot of room to move, even if it doesn't capture the majority of the market. I think your analysis is based on greater fool's logic, which is simply how many greater fools do I think will latch onto this project in a pump--by that logic, anything in the top ten doesn't look appealing.
member
Activity: 168
Merit: 10
November 10, 2017, 11:54:41 AM
#3
When you buy one iota you are buying 1 million iota.  Their intention is to bring connectivity to everything, lightbulbs, cars, etc.  To do this they need a big supply.
newbie
Activity: 46
Merit: 0
November 10, 2017, 11:48:37 AM
#2
may be they burn few coins later...just a thought.
full member
Activity: 224
Merit: 100
November 10, 2017, 11:40:36 AM
#1
Hello  what  do you think about   iota 's  supply?  With  that  big  ammount  of  coin  how  can this  even  make  a x5?  I  think  it's  impossible  to get value even in the remote case it  could be  a  succsessfull  project, because the total coin supply is too much.
What do you think about  this  consideration?

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