[dtube] Will IOTA&#x27;s Large Coin Supply Suppress its Price?

tomilolafadipe (62) · 7 years ago (edited)

Supply mechanics will make IOTA work.
There is no mining in IOTA so the supply will never increase, thus value is placed better in the long term.

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louisthomas (75) · 7 years ago

That's another excellent point!

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hashcash (63) · 7 years ago

I will admit that in the beginning of crypto experience, coins with large supply seem a little scary to me - no matter the soundness of the underlying idea. Particularly when I was invested in that coin.
Logic tells me that no matter how long I hold this coin, it'll never go beyond 10 dollars or such. Then on the other hand we could look at the idea of divisibility of a single Bitcoin into Satoshi's. The idea for coins with larger supply should be to hold a larger amount of them.

In the end, I think Market cap becomes the ultimate signifier as to which coin stands where - valuation wise.

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milano1113 (58) · 7 years ago (edited)

That was a really good question. Since you mentioned IOTA in few of your videos in the past, I included it in my watch list. I have not pull the trigger just yet, but perhaps now could be the good time. It’s a good point you made with bitcoin vs IOTA. There is not only max 21mil of bitcoin the way you explained it. And it completely makes sense. 2.1 quat.... coins? lol I do completely have your point and I agree with you. When to comes to final calculation with bitcoin vs IOTA then bitcoin is still relatively cheaper compared to IOTA. By perhaps +-20%.

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mindtrap (74) · 7 years ago (edited)

Never thought it that way @louisthomas.
So does that mean that every coin even if it has billions of supply,can reach really high?
Such as BTS or ZIL?

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rothberg (58) · 7 years ago (edited)

I would compare it Satoshi vs IOTA. Which make much more sense, but you said it too. Great question though! Even better explanation! Crypto market got hit today 😱. I’m having blast while shopping for discounted coins 😃.

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engchitchat (51) · 7 years ago

I agree. The number of coins out there really doesn't matter. It's the market cap that is important.

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kouba01 (81) · 7 years ago

Compared to other altoins iota coin is different. It uses tangle technology instead of blockchain which makes it have faster and no transaction fees.It should be at top 5 cryptocurrency based on tech but there is no guarantee about it since it all depends on completion of there projects and marketing.But u can always buy coin like iota on dips,if the reason caused the dip is not a major affect to the coin.iota went on a dip few weeks back and increased more then 70% from the dip and continues to raise.Even if ur a long term invester buy price matters.

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mistakili (69) · 7 years ago (edited)

Its a no no for me as well,Ripple isn't your traditional digital currency. Calling it one is the equivalent of calling a horse a mule — you vastly undersell the currency’s potential.

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mdshahin786 (56) · 7 years ago

I totally appreciate . The price of large supply of IOTA will not be reduced compared to other coins

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farhad3322 (51) · 7 years ago

In the beginning of the logic experience, the currency currency is a little scary for everyone, this currency will be retained because as long as 25 percent increase in this increase, the measurement will be seen as a brilliant witness with full range of points, and will fully meet or compare your point-of-action Bitcoin versus IOTA's progress

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mafzaal92 (50) · 7 years ago

I agree from your post @louisthomas.
There is not only max 21mil of bitcoin the way you explained it. And it completely makes sense. 2.1 quat.... coins. It’s a good point you made with bitcoin vs IOTA.
Your all videos are very informative thanks for sharing.

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anouar8 (47) · 7 years ago

I think IOTA projuct has huge potential anyday it could go skyward.
Thanks.

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basetranquility (25) · 7 years ago

iota will either be the best thing ever or a complete failure. hahahaha

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