Quote from: Eadeqa on July 24, 2014, 07:15:51 AM

That implies that etherium needs high inflation rate to keep the price low which of course nonsense as you can just move to lower decimal point if the price is too high. It's not a physical fuel like oil, dumbass. There are plenty of etherium that can always be "cheap" as you keep moving the decimal points.

BitcoinPimp is not wrong here Eadeqa. price formation/discovery has nothing todo
with divisibility and from my understanding you have an investment devaluation
when moving to a lower decimal point (lowering fees) with 'fuel-driven' systems.

later eth pricing depends strongly on fee structure. how usefull the offered
services are seen and most important, how profitable this fee paid contracts are
compared to it's creation and costs to run.

in a worst case the benefit running a contract is so small, that the fee has to
lowered close to zero, to make it usefull/profitable. in this case you have a huge
eth surplus and price will go down, no matter how many decimal points you have.