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Author Topic: Unlimited total supply of ETH: advantages or disadvantages?  (Read 4242 times)

Offline Lukasz

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #30 on: May 10, 2021, 08:33:40 PM »
For many currencies this is one of the mentioned selling advantages of having a fixed supply although nature of eth allows it to have unlimited supply and does not in practice facilitate "printing " of coins beyond the mining reward
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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #30 on: May 10, 2021, 08:33:40 PM »

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Offline Review Master

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #31 on: May 10, 2021, 09:19:28 PM »
Looks like, everyone's looking at the unlimited supply, but ignoring the main key point of burn machanism which will implemented into the transection system after completing the London hardfork in July of this year. After that, more eth will be burned which is great for it. Lets just wait for the finalization of London hardfork.  8)
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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #32 on: May 11, 2021, 11:41:15 AM »
Looks like, everyone's looking at the unlimited supply, but ignoring the main key point of burn machanism which will implemented into the transection system after completing the London hardfork in July of this year. After that, more eth will be burned which is great for it. Lets just wait for the finalization of London hardfork.  8)

They have finally implemented the mechanism to burn in each transaction?. The last time I read about "London" they did not make it clear if they were finally going to implement it or not, but it seems to me good news to know that one way or another they are going to do something (we will see if it will be effective or not) so that inflation don't kill the project over time.
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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #33 on: May 26, 2021, 07:54:28 AM »
For me, a coin/token with an unlimited total supply is a disadvantage. Not only do we have to fight volatility, we 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, but from the beginning, I don't like the feeling they give. Also, now Ethereum has to fight its high transaction fees, if we put it all together it seems crazy to me.

Yes, I  agree with you, It will affect to inflation and cannot be controlled.
Limited total supply is better for price.
They can burn the supply to improve their price.
As long as many coins have burned, and the price will go up.
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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #34 on: May 26, 2021, 12:29:28 PM »
Unlimited supply is not the good advantage for us becasue in the market f the supply is unlimited then the coin value go down and this is not good for the investor becasue the coin owner can create more coin if the supply is finished.

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Re: Unlimited total supply of ETH: advantages or disadvantages?
« Reply #35 on: May 26, 2021, 05:49:35 PM »
Before I was skeptic about the eth unlimited supply and always believe it will somehow hinder the growth of eth price but so far eth has proven me wrong with this price movement since the beginning of this year, eth has shown that it is indeed the king of alts.

 

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