What will the price of ETH be if the limit of supply is 200 million ?

Wintersoldier

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Quote from: bounty.cvn on May 15, 2019, 03:22:12 AM

What will the price of ETH be if the limit of supply is 200 million ?

There has been a proposal to limit the amount of ETH supply but that is not really clear. So what do you think if it is limited to only provide 200 millions ?

Let say, bitcoin, which is the top priority is about 27 million, then it can achieve a 18k price, maybe if ETH can be limited of supply, it can sustain about 2k dollars which is not bad in comparison to its market price of 200dollars in the market. But still, it is a good thing as ETH has an unlimited supply but unlike BTC, its market price will not going to be sustained I'm pretty sure soon.

Sacramentus

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I would appreciate if you share with us the proposal to where it was stated that the supply of Eth should be reduced or and source. There is nothing wrong with the supply of ethereum and there is no reason for reduction. Until I see your source, your statement is a mere rumor

Al-e_x

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I am also not sure about the total ETH supply, there are those who say 100 million say 200 million, but no matter how much I think voin as good as ETH will have no problem with the total supply

DainSLane

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It looks like it is not good for the ethereum if the limit supply 200 million and the price of the ethereum also be affected in the market, for me the low in supply the highest for demand for many investors and would be the ethereum will more the highest value.

starblocks

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There have been discussions amongst the community regarding limiting the total supply of Ether that can be produced, but nothing definitive has been determined yet, however, historically reducing an assets supply can increase interest from investors which may have a positive impact on the value should something like this occur

bitgolden

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Quote from: andika2018 on May 19, 2019, 07:42:26 PM

Quote from: Fluxtorrence9 on May 16, 2019, 12:43:14 AM

Limited in supply is always good but for ETH I'm not sure as the smart contract use might grow very demanding in future even over billion pieces of ETH, I think its better if ETH has no limit

I dont think unlimited supply is good for ethereum. If ethereum have unlimited supply, i am believe the price will not reach this far. Its better if ethereum supply limited on 200 million and i am believe the price will rising

Since most if these coins value are really being affected by the demand and supply of it, I think it is better to have limited supply for now that the adoption rate is still very low, if the supply is limited, as demand closes the gap, the price will continue to rise, because as supply of ethereum starts becoming very low, it will continue to make ethereum scarce to get and as it become scarce, value will surely increase.

This is one of the tactics that Binance has been using in appreciating their coins, that is why most times, they also buy token from clients and when they do, they burn the token to limit the supply.

andika2018

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Quote from: Fluxtorrence9 on May 16, 2019, 12:43:14 AM

Limited in supply is always good but for ETH I'm not sure as the smart contract use might grow very demanding in future even over billion pieces of ETH, I think its better if ETH has no limit

I dont think unlimited supply is good for ethereum. If ethereum have unlimited supply, i am believe the price will not reach this far. Its better if ethereum supply limited on 200 million and i am believe the price will rising

Dreamchaser21

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Quote from: Fluxtorrence9 on May 16, 2019, 12:43:14 AM

Limited in supply is always good but for ETH I'm not sure as the smart contract use might grow very demanding in future even over billion pieces of ETH, I think its better if ETH has no limit

There’s no such coin without limit, and if there’s no limit then the price will be more cheap just like fiat money. ETH can’t reach the limit yet but its price will become more expensive as the demand for this one will go higher, the price is good again so it can be a new beginning of the pump.

EdenDice

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I don't know is it possible or not but I think Ethereum's supply will not be limited at 200 Million! But If it becomes then we can expect a very high price for the ethereum. Maybe the hard fork helped enough the Ethereum network, it's popularity increasing again, so overall ETH can go to 5K USD at least if the supply becomes limited!

bangjoe

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of course the price will be very expensive and maybe even ethereum prices will be able to compete with bitcoin prices because as we know the market demand for ethereum is very high, this is because the ethereum platform is very popular so when the supply is limited to a small amount it will make the price very expensive

rijaljun

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Quote from: bounty.cvn on May 15, 2019, 03:22:12 AM

What will the price of ETH be if the limit of supply is 200 million ?

No one knows about that but definitely it will help Ethereum price to grow in time. At least the limited supply will be a fundamental thing that will lead people to invest more in Ethereum. It's about certainty of total supply.

Sartrute

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I think that now it does not matter much. After the transition of Ethereum to PoS, the emission will be significantly reduced. I think that 200 million coins will not be namneno very soon, and this is not a problem now.

No Pain No blood

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I'm not sure, but maybe the price will be a little better than at the moment. or maybe ethereum could be abandoned. but rather than having limits, I focused more on developing POS consensus. this will have an impact on prices without need, fearing ethereum will be abandoned.

powerman24

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It depends on the market and the demand for ETH. If there will be many use cases on ETH platform the double supply will not automatically cause half price. And it will not happen at once so it won`t have big effect.

sulis sudibyo

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Quote from: Nalbo on May 15, 2019, 03:42:27 AM

Quote from: bounty.cvn on May 15, 2019, 03:22:12 AM

What will the price of ETH be if the limit of supply is 200 million ?

There has been a proposal to limit the amount of ETH supply but that is not really clear. So what do you think if it is limited to only provide 200 millions ?

Supply is not a large issue and for the nature of ETH as a utility token, supply of 200 million would be very less.
Hypothetically if ETH was limited to 200 million, it would have been a scarce token and people would use another utility token rather than Ethereum.

yes you're right, if ethereum has a limit, he will make it rare. the impact will be to make transactions (GAS) more expensive. This is different from similar platforms, where they are competing to create platforms
cheap and fast. the possibility of ethereum being abandoned is huge, if this becomes a reality.

btccrusher

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Limiting won't work unless they stop developing the chain. It seriously needs some improvements. Also, many miners will stop working, if it has any limitations due to low rewards. Why? If ETh limits, then the reward must be decreased in order to keep the chain running validating transactions for a certain time, before finding a good solution.

mrdeposit

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If we continue with this logic, eth would should be $2 million when there was 100 eth. Anyway, as the number of coins increases, their circulation in the market also acts accordingly. They are always connected to each other.

Viceroy

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I think it is impossible to predict. This can definitely happen, but it is impossible to predict what will happen to the price.

Galantin

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Quote from: Red-Apple on May 15, 2019, 11:55:36 PM

if such proposal were to be accepted initially we will see a pump but that won't last because limiting to 200 million is not going to change anything, ETH is still inflated and you can't solve that.

the law of supply and demand is not the law of supply alone. the demand is still lacking for ETH and is only declining as more ICOs die and lose their attractiveness.
and also limiting the supply is not the reason for a rise otherwise grains of sand would have been worth millions of dollars because there is a limited supply of sand on earth!

And the price of bitcoin is not inflated Huh

I am always surprised that users of such rank consider that ETH is still a kind of bloated fake. Yes, I have little experience today. But I know one thing, he will continue to grow. Bitcoin also has enough competitors but for some reason it is a leader.

Teawhalee

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Utility token as such of Ethereum does not need to have a limited supply because it’s a widely used token as well as its smart contracts. With the present supply , the price is still cool ! It would grow more just need some time.

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