RE: Market Update: Sia Coin (SC/BTC) - Not Dead Yet!

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Market Update: Sia Coin (SC/BTC) - Not Dead Yet!

in cryptocurrency •  7 years ago 

@coins4max followed ;)
Sia as a project is fundamentally quite good. However, they're going to have basically unlimited coins (which means unlimited supply). So the coins themselves will struggle to gain immense value due to the huge supply (but within the next year we should see it worth double-triple what it is now at some point, probably a simple pump and dump)

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Also note that Sia is consistently on the front page of Bittrex for volume, so it won't lose significance while there

Yes, that's the part which is a drawback I guess. However, I dont understand why they would go for unlimited supply!!?? It makes the coin vulnerable to inflation does it not?