Post
Topic
Board Speculation (Altcoins)
Re: Iota's total coin supply is Too much..
by
BiTZeD
on 10/11/2017, 17:58:48 UTC
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.