Quote from: generalizethis on November 10, 2017, 04:55:39 PM

Quote from: Lucacrebbe on November 10, 2017, 04:40:36 PM

Hello what do you think about iota 's supply? With that big ammount of coin how can this even make a x5? I think it's impossible to get value even in the remote case it could be a succsessfull project, because the total coin supply is too much.
What do you think about this consideration?

What is the market for microtransactions? For machine-to-machine transactions? Smart contracts? I would put that at trillions, so a lot of room to move, even if it doesn't capture the majority of the market. I think your analysis is based on greater fool's logic, which is simply how many greater fools do I think will latch onto this project in a pump--by that logic, anything in the top ten doesn't look appealing.

IOTA is not a crypto-currency, or well, if it is one, it is a bad one, because as OP pointed it out, the total supply is way too big. However as a micro-transaction tool, it is good, because the transaction cost is really cheap.