Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
pap
on 04/09/2017, 15:05:51 UTC
Could you please tell me how increasing the supply boost the price? In economics when supply increase price decrease what is the difference here. Thanx

supply isn't the cause, it's just that when faucet closes, xrb holders starts to panic, so they sell off. I noticed this pattern repeating for many times

Thank you for your reply. I think remaining supply should be burned because with 300 Million total XRP even reaching 1 USD will need a cap of 300 Million USD next year which I think wont happen.