Topic: Tokens/coins with insanely high inflation will not be not profitable ever - page 2. (Read 521 times)
September 21, 2022, 08:25:16 AM
That's very true, tokens with very high inflation will be very susceptible to dropping drastically and that has happened a lot with Defi projects or token memes. Many of these tokens have suddenly increased in price and in the end most of these tokens have become shittokens now.
September 21, 2022, 08:03:03 AM
So, why do they keep coming back to the market? The circular logic is that they want to be listed on an exchange, but the only way to get onto an exchange is to have a high enough volume for the exchange to bother listing it.
However, there is one other reason that this token is being traded, and that's because there are traders who are speculating on its price.
However, there is one other reason that this token is being traded, and that's because there are traders who are speculating on its price.
September 20, 2022, 07:18:44 AM
This is not only the basis, you should consider a lot of things not only how their token economics works.
This token economics is just a part of identifying how good altcoin but this is still important though, you should identify it first.
There are some projects that their supply is quite low or decreasing or limited, but on some part of their project is not good like no use cases or product, it's still useless.
This token economics is just a part of identifying how good altcoin but this is still important though, you should identify it first.
There are some projects that their supply is quite low or decreasing or limited, but on some part of their project is not good like no use cases or product, it's still useless.
Sure, but that wouldn't happen because of inflation so it's not related to this. It would happen because it token itself doesn't have good fundamentals. With high enough inflation on the other had (which i was talking about) the token price is guaranteed to drop.
September 19, 2022, 10:04:04 PM
I remember the P2E coins that were used as rewards from the game only. In my opinion, coins that are used as game rewards will actually experience inflation faster because they are completely useless and have an imbalance between demand and sales. more sales while its use is less so many people are not interested in keeping it.
September 19, 2022, 09:30:22 PM
well there is coin that still made up still at least top 20 by marketcap and no use case except for meme and have unlimited supply but still got listed in bigexchange the coin called "DOGE" and their brother "SHIBA"
lets accept that those coins you mentioned are backed up by Whales like Elon Musk that is why the support and the position in terms of ranking is still ahead against other coins.but lets also accept that those are manipulated currency that truly hard to support and trust if you truly concern about your investments.
September 19, 2022, 08:53:49 PM
well there is coin that still made up still at least top 20 by marketcap and no use case except for meme and have unlimited supply but still got listed in bigexchange the coin called "DOGE" and their brother "SHIBA"
It’s true there're some coins which have a very high inflation which have reached a huge level of success, however just because a few coins have achieved this it doesn't mean the observation of the OP isn't true, the majority of the coins which are like doge or shiba and which have no use case never amount to anything in this market and as such we need to stay away from them as the losses we can suffer by investing in them are massive. 
September 17, 2022, 01:55:47 AM
If someone enters the market, of course, they want to make a profit. when many people leave the market so that the price dumps, there will be someone who dares to enter the market to buy it until this power increases and there is a bullishness, as if the market moves automatically with machines, namely the thoughts and views of different people. not everyone can read this situation and dare to take action. and finally the ones who dare to step up are the ones who win
September 17, 2022, 12:42:13 AM
it should still be profitable but not in the long term. many people are stuck here because it can generate big profits in the short term but it makes many people addicted and try again in this kind of project and in the end they lose all their assets. This always happens in DeFi projects with large APY usually because of that we must choose the project wisely.
September 16, 2022, 11:49:04 PM
well there is coin that still made up still at least top 20 by marketcap and no use case except for meme and have unlimited supply but still got listed in bigexchange the coin called "DOGE" and their brother "SHIBA"
September 16, 2022, 10:40:45 PM
...So why the hell do they keep coming back on the markets?...
Maybe cause they don't know as you do, most usually get blinded by high apy/apr(s). If price is $1, they will think, with such apy I'll get this much amount by this much time and I'll be set. I know cause I have been there.
And then you are mere bag holder, at $0.00001 price.
September 16, 2022, 10:37:03 PM
Aside from them having no use cases...
* Price of one token will automatically decrease when there's a flood of free tokens getting into markets and scarcity of the token decreases.
(....)
This is not only the basis, you should consider a lot of things not only how their token economics works.* Price of one token will automatically decrease when there's a flood of free tokens getting into markets and scarcity of the token decreases.
(....)
This token economics is just a part of identifying how good altcoin but this is still important though, you should identify it first.
There are some projects that their supply is quite low or decreasing or limited, but on some part of their project is not good like no use cases or product, it's still useless.
September 16, 2022, 09:21:43 PM
It's because there's a market behind them whether that market was inflated by behind-the-scenes stuff or natural, most likely the former though. It's almost always newbie investors that get hit, maybe some regular investors get hit as well but they're more on the testing everything around type so it wouldn't be odd for them to invest on some bad coins.
See no matter the number of investors that get hit by these hype coins, they'd always be replaced by new investors since there would always be people who would enter and try investments, and well, we all know how newbie investors get easily hit by these types of projects. Heck these projects might actually be specifically for newbie investors in a sense.
Newbies aren't the only targets, there are investors which are simply too stubborn for their own good, if they believe there's a way for them to earn money with those coins then they'll keep investing in them even if they know those coins don't have a long term future which is promising at all, and even if they were to lose all their money they'll still believe someday they'll earn big, even if the evidence and their experience is telling them otherwise. See no matter the number of investors that get hit by these hype coins, they'd always be replaced by new investors since there would always be people who would enter and try investments, and well, we all know how newbie investors get easily hit by these types of projects. Heck these projects might actually be specifically for newbie investors in a sense.
September 16, 2022, 12:10:08 AM
Rebasing is a program used by a crypto product by offering automatic tokens to holders.But actually the rebasing program will not take place continuously. Because if the rebasing is done without any restrictions, the tokens will have no value and the project will not benefit at all.
September 16, 2022, 08:06:04 AM
Aside from them having no use cases...
* Price of one token will automatically decrease when there's a flood of free tokens getting into markets and scarcity of the token decreases.
* Even if you look at it from the point where your bag wouldn't necessarily lose value as in whole, as it too is increasing with the circulating supply there's one thing you forget, and that's traders. Traders use altcoin or fiat money pairs to do technical analysis, and it obviously will look bad when the trader sets the targets. That would mean that charters would need to use marketcap graph to find a bullish TA and probably no one would even bother to do that as very few do it now.
* Rebasing as a solution is worst possible as it eats away the whole idea of having high interest from staking in the first place.
So why the hell do they keep coming back on the markets?
* Price of one token will automatically decrease when there's a flood of free tokens getting into markets and scarcity of the token decreases.
* Even if you look at it from the point where your bag wouldn't necessarily lose value as in whole, as it too is increasing with the circulating supply there's one thing you forget, and that's traders. Traders use altcoin or fiat money pairs to do technical analysis, and it obviously will look bad when the trader sets the targets. That would mean that charters would need to use marketcap graph to find a bullish TA and probably no one would even bother to do that as very few do it now.
* Rebasing as a solution is worst possible as it eats away the whole idea of having high interest from staking in the first place.
So why the hell do they keep coming back on the markets?
Not necessarily, Ethereum is the prime example of that, without any cap of it's maximum supply people still believe in it, and now it already reach more than 122M of total supply, and I believe that many people has made profit out of Ethereum, other example is ADA / Cardano the current circulating supply is 34B, and the max cap is 45B, it is now a top 10 coin in Coinmarketcap. There are many other factor beside coin supply, the maximum or circulating supply is indeed have and effect on token price but it's not that significant.
September 15, 2022, 11:57:23 PM
It's because there's a market behind them whether that market was inflated by behind-the-scenes stuff or natural, most likely the former though. It's almost always newbie investors that get hit, maybe some regular investors get hit as well but they're more on the testing everything around type so it wouldn't be odd for them to invest on some bad coins.
See no matter the number of investors that get hit by these hype coins, they'd always be replaced by new investors since there would always be people who would enter and try investments, and well, we all know how newbie investors get easily hit by these types of projects. Heck these projects might actually be specifically for newbie investors in a sense.
See no matter the number of investors that get hit by these hype coins, they'd always be replaced by new investors since there would always be people who would enter and try investments, and well, we all know how newbie investors get easily hit by these types of projects. Heck these projects might actually be specifically for newbie investors in a sense.
September 15, 2022, 10:51:55 PM
It is really that simple, for people like us it doesn't really make a lot of sense that coins that are completely useless and that we know have no future keep disappearing and then reappearing with a new name but with the same characteristics, but at the end it is a matter of demand.
This is similar to what happens with illegal drugs, we know about all the side effects that they produce on your body and how bad they are for your health, so in a perfect world there would be no demand for those substances, but instead we see the opposite, people want them and since that is the case someone is willing to supply them, and shitcoins follow the same logic, they are completely unnecessary and they are bad for your economic health, but since people want them then someone is willing to supply them.
Just like the market, they're also in a cycle and understands the market cycle. They'll be back with a brand new name and with the same proposal just as their old projects that have worked for. And for these projects like pumping right now, they're all hype-based and there's nothing special with them. This is similar to what happens with illegal drugs, we know about all the side effects that they produce on your body and how bad they are for your health, so in a perfect world there would be no demand for those substances, but instead we see the opposite, people want them and since that is the case someone is willing to supply them, and shitcoins follow the same logic, they are completely unnecessary and they are bad for your economic health, but since people want them then someone is willing to supply them.
It should be like investors shouldn't buy these projects so that they will realize that no one is buying anymore whatever they do but the problem is, no matter what they do, there will always be those buyers and investors and traders that will follow them.
Then once they lose their money they may be more willing to listen to us, but since at the time their most fervent wish will be to recover their money and we cannot help them with that, and we may even remind them there is no way to recover their coins, then even in those circumstances they will not be very willing to listen to us, and there is the possibility they could make the same mistake once again as a result of their negative attitude.
September 09, 2022, 04:45:36 PM
So why the hell do they keep coming back on the markets?
It's because there is a market for them. They won't be back if there's no market for them but due to those investors that are eyeing them and thinking that they can profit from them, they come back. There's no solution for that but the investors will eventually have to turn away from them when it's no longer profitable and for the side of these project makers, they'll just revert the attention of their investors by doing some updates or making a new project that will look interested to the same investors that they've got.This is similar to what happens with illegal drugs, we know about all the side effects that they produce on your body and how bad they are for your health, so in a perfect world there would be no demand for those substances, but instead we see the opposite, people want them and since that is the case someone is willing to supply them, and shitcoins follow the same logic, they are completely unnecessary and they are bad for your economic health, but since people want them then someone is willing to supply them.
It should be like investors shouldn't buy these projects so that they will realize that no one is buying anymore whatever they do but the problem is, no matter what they do, there will always be those buyers and investors and traders that will follow them.
September 09, 2022, 01:45:33 PM
There is no way that people just give away free tokens because they know what is going to happen eventually and thus I do think that your concept of free tokens is coming from 2009 when we used to watch an advertisement and collect our bitcoins, you should understand that if a company is willing to spend loads to maintain a stable price then they ofcourse won't really try and sell it for cheap.
Plus these over expensive tokens are always in the circulation because they usually have a strong backing and people have invested loads in them thus they don't expect them to be plunged out in the dark that soon.
Plus these over expensive tokens are always in the circulation because they usually have a strong backing and people have invested loads in them thus they don't expect them to be plunged out in the dark that soon.
September 09, 2022, 12:31:10 PM
So why the hell do they keep coming back on the markets?
They are making money out of those projects and because many are still falling on those kind of projects, they are motivated to continue scamming people. Only if everyone is knowledgeable enough to spot if the project is fake right away, I’m sure that the developer will not come here. No one can control this, if there’s hype and there’s a trend for that kind of token, expect to see more of that but again not all are meant to last so be careful on choosing where to invest.People who keep investing and continuously fall into their trap are the reason why scam projects are still alive. Some people listen to hype without doing research believing that they could gain a higher profit than the legit and reputable coins. This has been happening for the longest time so we can't eliminate fake projects from the market easily.
September 09, 2022, 09:49:31 AM
So why the hell do they keep coming back on the markets?
It seems interesting. If I'm not mistaken The reason many people continue to buy tokens with big inflation is that first, the market takes time to finally realize this and then react. The problem has been identified for years now in several projects, there are still investors continuing to buy and the second possible reason is speculation. Most investors don't understand the nature and purpose of their investment or they see someone promising 100x profit then they keep buying and hope to find this unicorn token that will give them 100x profit when it goes up to the market cap.
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