I agree with Oldminer. WDC is good as it is. Price falls because theres a lack of demand. Not because supply cap it 265M.
So supply does not fit in with the lack of demand in any way?
Any idea why 42coin costs thousands of dollars for 1 coin?
I know, that's a tough question.
How about this one: Do not inflation and dilution affect the price and value of ANY asset?
Not many economics or finance guys on these boards, that's for sure.
OK, "mr master economist".
Do yourself a favor and go read about what exactly is a "supply cap".
A small hint for you:
Coin production has nothing to do with a supply cap. They are not related in any way.
Seriously. You guys really need to learn the very basics before making silly posts in to public forums.
Bahahhahaaaa.
What an idiot.
So tell me, does massive dollar printing have anything to do with inflation (mining subsidy) and dilution (the max amount of dollars in the world)?
Numbnuts, do you even know what inflation is? Dilution? Any idea why corporations spends hundreds of billions on stock buybacks every year?
Any idea why the US $ is now worth only 3 cents?
It is EXACTLY because of inflation (high mining subsidy) and dilution (max cap).
I have a BS in economics and a BS in finance.
Stick to your homemade mining skills, shrimp.
I barely hold any WDC so it makes little difference to me but I really hate hearing such mindless ignorance about basic high school economics.
Bryan Kelly, a rich Wall Street Money manager just cut the subsidy on NAUT to ZERO and the max [PoW] cap from 16 million to 4 million. You think maybe he knows something? Hahahaa!
And the other idiot who says this is a short term benefit. Oh, the stupidity! The cut in inflation and dilution are permanent therefore the benefits would also be permanent, thus long term.
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