I think today ($235) the below major event is far from priced in yet. In <14 months tail emission kicks in, the last variable block reward is mined (currently ~1.09 XMR per two minute block and dropping). At that future date in just eight years time a whopping 18.4 million XMR are mined. A then constant tail emission of 0.6 XMR per block means ~0.85% inflation in the first year (157,680 XMR), and that percentage is declining each following year. The only way still being able to get a decent number of monero is increasing your bid price, there a very few new moneros coming into existence from miners.
I will check in again in a year's time. But in the meanwhile, grab some while they are still cheap.
I will check in again in a year's time. But in the meanwhile, grab some while they are still cheap.
Quote
Monero block rewards will never drop to zero. Block rewards will gradually drop until tail emission commences at the end of May 2022. At this point, rewards will be fixed at 0.6 XMR per block.
https://www.getmonero.org/resources/moneropedia/tail-emission.htmlThe market can stay irrational longer than.. Nope, hodling without leverage FTW. Almost dead on the same USD price as this time around last year. 50k blocks left before tail emission kicks in, exciting times. Let’s see in a years time how the market caught up with reality regarding supply inelasticity and the ever increasing need for online financial privacy.
https://p2pool.io/tail.html
