How does current circulation impact price?


#1

Disclaimer
This discussion is about price speculation and is purely for fun. I realize that this platform is being created for dapps and not a store of value.

With that out of the way. ada currently has 25bn coins in circulation and a max circulation of 45bn coins, what realistic prices in 1 year, 2 year , 5 year do you think holding this coin could yield? The amnt in circulation i feel will keep the price under control and under 20 cents for the foreseeable future. This is just my opinion from looking at other coins as well.


#2

It is hard to argue with that. However, if the world currency is valued at $80T, and crypto has hit a value of $150B, I don’t see it as an unhealthy inflation. There is a demand for a dependable decentralized currency. If we all agree to give paper money it’s value, we can equally give value to crypto. With there being a cap to how much ADA there can be, naturally a single ADA will be more valuable than a single USD in the future. It would be like buying what was considered a rock for nothing before we gave it a value, and now you have $XXX,XXX worth of gold.

That’s just my .02 ADA on it :wink:


#3

interesting perspective. it would need mass adoption to see any significant increase in value and that will only come with commercial viability. This will be a long term hold 3 years + which i am fine with, i am glad to have some skin in the game and am not too worried about my position.


#4

When they explained that Daedalus will have a debit card option that instantly converts for purchases, I knew I’d picked a winner.

image


#5

that is pretty lit


#6

@mb1990 Bruh, litty of the most lit. :fire: