Post
Topic
Board Announcements (Altcoins)
Re: 🎗️【POS/MN】ASPIRE COIN ⚡️ Revolution For Charity 💓【SAVE LIVES】🎗️
by
holydarkness
on 06/01/2019, 15:21:37 UTC

Your 'argument' could be made toward any coin then, including real money, would it not? The coins always remain in circulation, scarcity being that there is a lot less of the coin. It is not very complicated or hard to understand..

The 'argument' can be applied to certain portion of coin, but not necessarily every, and certainly not to fiat. Many tokens has strong feature and utility, a reason of why people needs to hold them in speculation of growing price, hence holding and trading coin. Because many people utilize the speculation of price increment on the token, they buy, then they hold, in hope of some profit. Because several portion of the token being held on their wallet --be it exchange, cold storage, paper, or offline wallet-- the stored amount is not available for public, it's not on the total available supply, so the available amount to be possessed is decreasing. Thus, scarcity.

While your project, together with several projects that --didn't mean to imply-- turned scam out there, which has no benefits of being held long term, has very little chance of being held on private wallet that'll lead to the very same little chance of getting depleted available supply. Thus, no scarcity. In your case, the possibility got even more worse with the "impulse" factor.

Secondly, IF all coins are mined and not enough are in circulation, a fork could be required so that we can keep up the demand. Do not mistake my words, IF this occurs, it's unlikely, there are no future plans of a fork.

Which... Lead us back to my original question, that you still yet to answer: how? How will be there a scenario that you're low on supply? How will be there an un-filled demand?