can't see how its a bad thing with current dynamics
not really saying is a bad thing, more the opposite.. there´s enormous room to grow...
No is not, there is 2 millions coins mined and 86 millions to come. That is huge inflation of coins. Monero or AEON will double its coins in next 100 years. Sumo will double them in few months. I dont realy know but inflation will just increase.
86 million in 20 years
Monero Sumokoin
Total supply: Infinite - 18.4M in first 8 yrs Infinite - 88.8M in first 20 yrs
In 2021 the supply could be in worst case half of litecoin supply (wich total supply is also 84M)... and litecoin after 4 years is 300$...
https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmXEPNRhZG7otRfsDPDwrbe4soNxFLAEdUznpNJo2RTq6y
If you don´t see room to grow in the numbers please tell where i should put my money...
Compare with Litecoin is silly since Litecoin is Bitcoin clone that is way more developed then Monero. You can easily compare Sumo with Monero or with AEON. They have 15.5 millions coins mined. In 12 years time will have 19.5 millions coins mined. That is 25% increase. SUMO will have in 12 years 55 millions coins mined what is 2000% increase. So you see.
But i think highest inflation will be like 3 years from now. And 12 years from now will get to cool times. In anyway. Buying SUMO before 2020 is super silly.
Well i must be silly then buying this when it was 0.3 and having right now +1500% in my portfolio and 3000% last week when it crossed 11$, (yes i didn´t sell a single token cause it´s gonna do previous atm and goin over that.. but what should i know..)
"But i think highest inflation will be like 3 years from now. And 12 years from now will get to cool times. In anyway. Buying SUMO before 2020 is super silly."
So you mean buying litecoin in 2013 at 1.3$ is worse than buy in 2017 at 50$ or what´s the point? (and i´m not even talking about the supply sumo will have in 4 years, wich is way less than litecoin in 2018, cause sumo is a 20 years scheme..)
I dont think Litecon have same inflation cycle as Sumo. I just compared Monero inflation with Sumo inflation and i dont see any option that I can get more SUMO for one Monero/AEON today then 3 years form now. Impossible.
