Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
Macrochip
on 14/10/2015, 20:06:26 UTC

You keep pointing out the high emission rate as though it is bad for new investors. It is a good thing from an investor standpoint. There are only two effects that the high number of coins emitted does, and both of them are a GOOD thing for investors that bring money to the table.
1) It devalues the market cap across a larger number of coins (which has no effect on market cap, but does decrease the value of each coin that was emitted... if half as many had been emitted, they each would have been twice as expensive per coin); thus, with a higher number of coins as the base, the inflationary effects of the new coins being created each year is lower than it would otherwise be... A LOWER RATE OF INFLATIONARY PRESSURE IS GOOD FOR INVESTORS
2) It provided the core developer with a significant share / value of coins, which provided him with enough incentive to devote himself full-time to the project (a happy accident)

I am thankful for the high emission rate the first 24 hours... if fact, I wouldn't be an investor in Dash without it. Dash is only 1.5 years old, yet it has an inflation rate many times lower than Bitcoin did at the same age. I think 200% for Bitcoin in year 2 vs. 20% for Dash. This protects my investment and the investment of anyone purchasing for the first time.

"Troll engagement" or not, you keep making very good points Taylor. I bookmarked your posts for future reference, very useful!  Smiley