Can someone explain to me why everybody here think price of stellar is going up?
Now is almost 10 billion coins and in future will be 100 billion(you ll be giving up 16 billion coins to BTC owners) doesnt this mean price ll go down because in one day you ll have 150% coins more on market?
Maybe just FOMO Effect due to the Hype, but this additional volume of STR that will be available in the market will definitely move the price down, for supply (volume) and demand correction.
That's assuming a lot -- that there's no additional demand which seems to be increasing. And that the same amount of money is going to stay the same in crypto, which there's a ton of new money flowing in daily. The next bitcoin giveaway won't have as much effect as many people think. There's a nice discussion on reddit about the giveaway
.