# Is it too much to ask Cardano and Charles to cut the supply of ADA

31 b is too much

are we ever going reach \$100, maybe in 30 years, but I want to be alive to enjoy the fruits of my investments.

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Charles does not control the supply. No one does.

Yes.

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Sure Frocco, if you have a spare 50k I would appreciate it, thanks mate.

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It doesn’t work like that anyway.

Example:
Total Supply - 31b
Current Price - 0.06 USD
Price to 2x - 0.12 USD

Is the exact same as:
310m
6 USD
Price to 2x - 12 USD

Which is the exact same as:
31m
60 USD
Price to 2x - 120 USD

Your example of ADA going to \$100 USD is the exact same as saying ADA should go to \$100,000 USD if it had a Total Supply of 31m.

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Whose coins should we cut? If it is a fair supply reduction, are you prepared to let go, say 50% of your coins?

The market will price it in and you will have exactly the same USD amount in your account.

How people don’t understand this simple math just boggles my mind.

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Here is another example of Maximum Supply being halved:
31b = You have 1000 ADA worth \$60 USD.
15.5b = You have 500 ADA worth \$60 USD.
7.75b = You have 250 ADA worth \$60 USD.
3.875b = You have 125 ADA worth \$60 USD.
1.9375b = You have 62.5 ADA worth \$60 USD.

It doesn’t matter what the Maximum Supply is as the cost / coin is just an expression of the Market Cap.

If anything, having a larger Maximum Supply actually helps as people would rather own 1000 coins than 0.0001 coins.

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=)) sell and move on to something else if you feel let down

I’d vote to have the quantity reduced except for the ones I have!

Yes too much to ask and against the ideals of Cardano.

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Whose tokens would you have them burn? IOHK’s? What you’re asking is for them to hand you free money. Why should they do that? They don’t owe you anything for speculating on their token.

If you want to see the value of ADA go up you could try to contribute to the ecosystem in some way, rather than just asking for handouts.

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Lol. Jesus, you guys sound very anal.

Only math I know is capital gain and supply and demand. Yes burn a chunk that has not been bought. Reduce the supply. I’m an investor not a programmer. So shut the fudge up you ball bags.

Cardano wasn’t created to make investors rich. There’s plenty of pump and dump shitcoins out there if that’s all you’re interested in.

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Being ignorant is ok, that’s how we all started. Being abusive is not ok and there are sanctions for those who persist.

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So you want a reduction of the supply? The coins of whom should be reduced? Yours? Mine?
If you want to reduce the total ADA-supply take your whole funds on a paper wallet and let it burn

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