Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
gustav
on 11/06/2016, 14:44:46 UTC
What happened for what reason of Eth goes down and far 0.02 lower?

hyperinflation, get ready for the dropppp

The inflation is not so high. It is 15% a year at the moment. It will drop in the future when it becomes PoS.

15% loss a year is the definition of a hyperinflation and it's actually higher than 15% and pos won't save you because pos is broken.

Read your own source telling you it's 22,4% this year and it will be 38 years before it reaches the same low inflation like the US-Dollar has currently. lol, i think USD is a better coin than this one.

Loosing 1 fifth of your purchasing power this and one fith next year makes almost loosing halve the value in 2 years quaranteed and baked into the code. lol

https://blog.ethereum.org/2014/04/10/the-issuance-model-in-ethereum/

In other words: you will have to raise another 240 million this and 240 million next year for the miners to keep it at todays' price. Good luck raising half a billion after the hype is long gone. Also don't forget most money in this is speculation money and people need to take profits especially in a down-market.

Bearmarket in this will be quite amusing to watch from the sidelines.

But people can't say they haven't been warned.