Topic: Which coins are going to crash or have crashed because of high inflation? (Read 598 times)

If you create 999,999,999 coins in a 21 BTC event... then yes, that indeed is high inflation.

NXT can be easily cloned and the next guy can create another 999,999,999 coins.   

Actually,  a real good metric for all these alt coins would be the cost to acquire.  We all know NXT cost 21 BTC to acquire everything.  Mastercoin was much much bigger ( around 6,000 BTC but I may be wrong here).

Thats called premine, but it has nothing to do with Inflation. Yearly inflationrate of NXT is afaik 3%. Thats even lower than BTC inflationrate of 7%.

BTW: I am looking for a way to see all mined coins up to date. There must be a way to look this up in the wallet somewhere.

Well, isn't NXT the worse case scenario,  where the owners don't even have to mine new coins?!

What defines the floor for NXT when it cost only 21 BTC to acquire all the coins in the beginning?

With most mined alt coins, you have to spend resource and energy to acquire.  Even the most inflated coin requires a cost to acquire.  With NXT the cost was next to nothing.

The game that is played,  and if you have not noticed it already,  is that miner mine the high inflation coins when it is down and then pump it up when they've mined enough.

A kind of rinse and repeat strategy.  Almost as easy as creating yet another high inflation coin.

Is there a website or something that shows the actual inflation-rate? I can remember seeing such an overview somewhere.

You are wrong on NXT btw. Afaik NXT-Coins are already mined for the most part and from now on its just the POS-Coins that will add to moneysupply, whichj results in low inflation-rates.

I use the word 'inflation' here referring to the NUMBER OF COINS CREATED in such short of a time.

These coins put the Zimbabwe dollar to shame!

Oh... forgot to include the most infamous high inflation coin.... QRK.

They can't inflate it forever right? What will happen after mining stops?

not sure why you used the word "inflation", I would have used speculation or better, market manipulation

If you watch http://coinmarketcap.com/  you will notice:

(1) A lot of alt-coins will come from nowhere and jump to the top 25,  only to eventually fall out of the top 25.

Here are some that have come and gone in the past 10 days (these coins all used to be worth more than iXcoin):

25    Cryptogenic Bullion   $ 1,101,774   $ 1.18   932,461 CGB   $ 16,665   -12.21 %  
26    GoldCoin   $ 1,072,040   $ 0.037   29,242,265 GLD   $ 7,408   -4.77 %  
28    Sexcoin   $ 917,377   $ 0.017   52,493,825 SXC   $ 11,418   +20.48 %  
34    StableCoin   $ 684,177   $ 0.073   9,326,955 SBC   $ 2,785   -3.68 %  
36    FlorinCoin   $ 603,070   $ 0.016   38,059,900 FLO   $ 7,583   -10.50 %  
41    LottoCoin   $ 411,857   $ 0.00012   3,515,536,833 LOT   $ 48,691   -15.28 %  

The following coins I also expect to fall much further due to high inflation:

6    Nxt      $ 43,408,595   $ 0.043       999,997,986 NXT*   $ 115,185   +3.47 %  
14    DogeCoin   $ 7,924,274   $ 0.00032   24,920,056,265 DOGE   $ 421,962   +39.73 %  
15    Infinitecoin   $ 6,616,294   $ 7.4e-05   89,572,983,309 IFC   $ 18,149   -8.88 %  
16    Zetacoin   $ 3,668,544   $ 0.023       159,590,953 ZET   $ 4,449   -3.00 %  
17    NetCoin   $ 3,398,657   $ 0.017       198,798,074 NET   $ 25,133   -14.07 %  
20    Tickets   $ 2,836,103   $ 4.2e-05   66,876,281,414 TIX   $ 4,564   -1.18 %  
23    EarthCoin   $ 1,335,823   $ 0.002       681,317,689 EAC   $ 22,548   +40.97 %  

Which is obvious... just look how many coins were all created in just a few months time.

In fact, some of these coins are just one month old (i.e. DOGE, NXT, EAC, NetCoin) !

Talks about absolutely ridiculous!  

Folks, its all "supply and demand",  no amount of hype is going to hide this fundamental truth.