Re: [ANN][BWK] BULWARK | NO ICO | Masternodes | Accelerated PoW | Seesaw PoS/MN
Please can somebody explain this to me. On coinmarketcap the circulating supply on Bulkwark is 1,6 Million coins. But on this website it state that the circulating supply of 14 million coins at the end of the first year.
Does that mean there will far more coins circulating at the end of the first year than now?
Source: https://bulwarkcrypto.com
Does that mean there will far more coins circulating at the end of the first year than now?
Quote
Low Circulating Supply
Bulwark will have a circulating supply of 14 million coins at the end of the first year, growing to 27 million over the next 5 years.
The coin supply will continue to increase by approximately 561k coins per year thereafter.
Bulwark will have a circulating supply of 14 million coins at the end of the first year, growing to 27 million over the next 5 years.
The coin supply will continue to increase by approximately 561k coins per year thereafter.
Source: https://bulwarkcrypto.com
Yes
Not necessarily. Coin supply isn't the only factor that determines price. With an increased supply, also masternodes count will increase, which will result in more coins locked out of market, more scarcity and potential higher prices. Also consider that total maximum supply will be only 27 millions, and that this project is still pretty unknown.