Re: [ANN][POWR][UPDATE] *** POWER LEDGER TOKEN SALE STARTS FRIDAY 8TH SEPTEMBER ***

Hello, i dont know if anybody asked, but there is something really important that i MUST KNOW
The INFLATION RATE SEEMS VERY HIGH
on 14 NOV 2017 EST the circulating supply was 348,754,279 POWR
After ONLY A DAY the Circulating Supply went UP TO 348,951,774 POWR
THATS AN INSANELY AMMOUNT OF 197,495
I bought on 3900 satoshi some units
My worry is that the inflation rate is too high, and nobody talks about it
Please somebody answer this question,
Whats the ratio of it?

Total supply is 1billion. But didn't think the devs be dumb enough to start unloading so soon before the price can go up.
But a 1billion supply does make this a bad long term hold imo

Can you give some more details on why you think that supply is bad when you factor in the potential for every energy grid globally could use this platform?

It depends on when the devs will start dumping their supply. Devs are the whales 100s of millions they can dump on market at any time. This will hurt price growth. Right now I think its a good buy. But if they're unloading now, the coin may not grow or get as high as it could.