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Author Topic: Unlimited total supply of ETH: advantages or disadvantages?  (Read 4245 times)

Offline jhm

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #15 on: April 05, 2021, 11:06:10 AM »
If Ethereum had a finite supply, I'd be in favour of that. However, the problems being solved under Ethereum and projects being built upon it, I can look over most disadvantages, including an unlimited supply

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #15 on: April 05, 2021, 11:06:10 AM »

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #16 on: April 05, 2021, 02:21:53 PM »
Everything on earth has its own disadvantages. We cannot make anything that doesnt have any disadvantage.
The unlimited supply of ethereum is a good thing . It will help us to maintain a suitable pice for everyone who wants to buy eth. It will not go top high for people to buy.
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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #17 on: April 06, 2021, 08:58:29 PM »
if unlimited supply is not good i think disadvantages
because is easy to down price until cheap price
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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #18 on: April 09, 2021, 02:59:13 PM »
If Ethereum has an unlimited supply of coins then it is very likely that the price will not increase as fast or maybe slower than a limited coin.
Now we can see that BNB is rapidly increasing and is even close to the price of Ethereum, only 5x difference.
The result of this is because BNB has a limited supply of coins and Ethereum does not have a limited supply of coins.
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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #19 on: April 11, 2021, 05:39:17 AM »
If Etherium is in a limited and unlimited position, then its price is not likely to rise very fast and probably slower than the limited currency. Now we can see that the price of BNB currency is going to increase much faster than Etherium. The price of BNB currency is 4-5x different than the price of Etherium. So I think BNB does not have a limited supply of coins and Ethereum has a limited supply of coins.

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #20 on: April 11, 2021, 06:30:58 PM »
As far as I know, after the last phase of the Ethereum 2.0 update, when switching to the pos consensus algorithm, a significant part of the transaction fees on the Ethereum network will be ignited. thus, Ethereum will have the status of a deflationary asset, despite its unlimited supply. I have repeatedly come across information that the shrinkage of Ethereum will be much more than miners will mine.
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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #21 on: April 12, 2021, 12:41:17 AM »
As far as I know, after the last phase of the Ethereum 2.0 update, when switching to the pos consensus algorithm, a significant part of the transaction fees on the Ethereum network will be ignited. thus, Ethereum will have the status of a deflationary asset, despite its unlimited supply. I have repeatedly come across information that the shrinkage of Ethereum will be much more than miners will mine.
As expected, EIP-1559 will cause about 1M ETH to be burned per year, less than the amount of new ETH mined from block reward. So it can be assumed that deflation will not take place. However, the supply of ETH will increase slowly, while the increased demand for ETH thanks to the advantages of ETH.20 will give the price of ETH an incentive to increase.
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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #21 on: April 12, 2021, 12:41:17 AM »


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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #22 on: April 13, 2021, 11:15:23 AM »
I think the unlimited supply will be compromised in the future as the Ethereum will burn some. Even though the supply is unlimited the current circulating is limited. I think the current circulating supply is the factor here and the true use case of Ethereum all over crypto blockchain.

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #23 on: April 19, 2021, 01:01:40 AM »
A coin or a platform cannot have all the good aspects. There are also some bad aspects. But I think the good side is much more than the bad side of Ethereum Which you have highlighted through this post. Thank you brother for sharing such a beautiful post with all of us.
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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #24 on: April 19, 2021, 02:30:34 PM »
@Tunir Baap it is true that not all platforms or projects can be perfect since some users will like some things and others will not, but I think that when we talk about crypto, a total supply is always positive for the future of that project, that always gives more value to the coin or token. And that can always be implemented via hard forks, but I don't know if the Ethereum developers plan to do something like that in the future.
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Offline jonathancool220

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #25 on: May 03, 2021, 06:49:28 AM »
This limited supply makes it easy for Miners to seek more profit, but on the other hand, cryptocurrency traders are very much anticipating the unlimited supply of coins.
I also feel afraid of Dump coins just like that if the owners of Ethereum and DOGE who sell them carelessly.
But I believe all Ethereum and DOGE Holders will not sell them cheaply.

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #26 on: May 09, 2021, 07:18:16 AM »
Also have to fight inflation, and those are two very negative points in cryptocurrencies. I can understand that there are very high supplies, with billions of tokens, they can always be burned, also those with an unlimited supply can be burned Ethereum to have a specific number of coins, like bitcoins. but as of today, the Ethereum team is solving this problem by burning transaction fees. according to some reports, there will be slightly more Ethereum lit than miners will mine

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #27 on: May 10, 2021, 12:27:59 PM »
Having unlimited total supply helps ETH prevent in the future people will just accumulate ETH(unlike BTC) instead of using it, thus ETH's tokenomics won't collapse.

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #28 on: May 10, 2021, 12:55:13 PM »
Having unlimited total supply helps ETH prevent in the future people will just accumulate ETH(unlike BTC) instead of using it, thus ETH's tokenomics won't collapse.

Reading your words I think it's the opposite. Knowing that Ethereum has an unlimited total supply, people will be able to accumulate more coins and spend less, as the total supply is unlimited, but if the total supply were limited, people could accumulate less and spend more, since there would be a limit of coins, which would make those coins move more.
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Offline Dora Walletinvestor

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #29 on: May 10, 2021, 02:04:44 PM »
I understand the need and demand for coins with unlimited supplies. But I am personally more in favour of limited supply coins regarding the concept. At the end of the day though, we have to look at other features of a coin too when we decide whether it's a worthy investment, and Ethereum seems to have a bright future.
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