Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *18 exchanges
by
PCJargon
on 12/03/2014, 16:20:55 UTC
1. A considerable amount of coins have already been mined and a significant amount will be minted. Anything over 20-30 million coins is way too much and will dilute the value of any coin. When a coin has a total supply of 18+ billion the coin is pretty much doomed. Over time Doge and other coins will also suffer because too many coins are in "circulation".

I disagree and I think you are dumb. A coin that has 18 billion + will just have holders holding millions of coins. A coin with millions of coins will have holders holding thousands of coins. There is zero difference and to pretend that having more total coins makes a currency more or less valuable is borderline retarded.
I agree with this gentlemen.

What is the difference between 100 billion, 1 billion, 100 million, etc. Huh With bitcoin we still deal with Satoshi's, fractions of a coin, which make pricing a bit more confusing when it fractions out so far. When making a new currency, why not just move the decimal further down and make each coin less? What the hell is the difference? It makes it far easier to buy/sell/trade with, and doesn't turn away newbies.