the fall in price is amazing. how do you think, where is the bottom?
Price is being pushed down because of the large supply created by the 10,000% POS. This inflation will end in 30 days when we reach block 80,000. After this most of the coins will be pushed into Masternodes and Devs will burn coins which will all control the supply.
Do we know how many coins will be burned? What are the estimates on final coin supply?
Total Supply on Coinmarketcap is showing 223,127,559,286. That's a shit-ton of supply! I've seen people estimating future B3 price in the pennies (4-10 cents). At $0.05 with its indicated Total Supply, that's an $11 billion market cap. I'm intrigued with B3 but it is certainly not in the BTC & ETH ballpark.
Can anyone shed some light on the Total Supply after Block 80K? Thanks