RE: Does a deflationary crypto currency have an edge?

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Does a deflationary crypto currency have an edge?

in bitcoin •  7 years ago 

You are right. Scarcity of anything brings its price up. Price goes up only if the supply starts decreasing as compared to demand.

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7 years ago by

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      ·  7 years ago 

    I have a different opinion on this. I think, it totally depends on future plan and functionality of coins. Even if there are large number of coins available and coin has large following due to its functionality, then surely it will be a great investment in long run.

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      ·  7 years ago 

    Yes, that's a valid point as well. Usage and functionality is important, but scarcity also plays a very important role in bringing the price up.

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