Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Crazymelons18 on October 23, 2018, 06:13:20 PM
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I don't really understand why there is a limit being set for any cryptocurrency. The coins, because of these limit of the volume makes price movements possible. With these movements also volatility can come in. So my thought is this, because the changes in values brought about by the changing supply and demands for a certain coin causes volatility within hours or maybe minutes that becomes a big factor for users of coins to be hesitant in using the coin as payment system, would it be helpful to set the changing price of coins per day only so that any use for the coin as a payment system within the specified day will make the price stable for a time and would allow or give the users enough time to use it as payments and be safe from loses due to volatility that strikes anytime?
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I don't really understand why there is a limit being set for any cryptocurrency.
I would like to help you but I do not understand what you really mean by "there is a limit". Can you please explain further?
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The limit I did refer to is the limit for the volume of coins or tokens. If these could have been made like a real currency I think there is not much of a need to limit the currency volume. This is just my opinion though but I think it might be helpful to make the coin stable. Is that so? How do you really think about this?
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if in my opinion. it seems hard to manage bitcoin or altcoin bro. my reason .
1. Prices can go up or down when someone sells or buys. while the number of people who invest a lot from various countries in the world .
2. If you could manage it, maybe you could, bro. Only the person who manages or creates the application.
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I'm sorry but I don't quite understand what are you asking but I think it's related to the maximum supply? If it's about why cryptocurrencies are having a limit for it?
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Maybe because of inflation? If coin supply will be infinite when price alway will go down
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I think that you can't set a limit price for a coin..market is market and supply and demand determine price variations it's normal. It's like when a stock price is suspended. Then when you can trade later price will move ofter more down/up because people are scared by these limitations
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what is the limit? total? I do not understand your point. can you explain more briefly? the limit for crypto is a natural thing and has happened for a long time.
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As I understand (which was hard), you mean there shouldn't be specific supply for coins. That is tether! and they keep the price at $1 by printing or burning tokens. I believe you want that for bitcoin and other coins too. But this is not the idea.
But if you didn't know, there are some stable coins like tether, tusd etc.
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The limit I did refer to is the limit for the volume of coins or tokens. If these could have been made like a real currency I think there is not much of a need to limit the currency volume. This is just my opinion though but I think it might be helpful to make the coin stable. Is that so? How do you really think about this?
Let us say for example I developed a coin with a circulating supply of 50 million and the price is now worth $200. One day I decided I wanted to make more money and since there is no limit as to how many coins I can mint, I just minted 10 million more then disposed them all. Do you think that's fair?
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I only knew one altcoin that is being stable and that is dogecoin one aspect why dogecoin is being stable dogecoin has an uncapped supply.