How many of this coin will be mined in the first year?
Also, I know that there will eventually be 1.6billion coins, but if it remains popular, do you think there is reasonable chance of it reaching $0.10 or so this year?
WDC is trading now at $0.34 and it just started at the 1st half of 2013.
With this activity and community supporting USDe, it is a possibility.
Yes, but Worldcoin is only going to have 265,420,800 in total, correct? Could a coin with a max of 1.6 bil do the same? Or does the max not really matter because what matters is however many coins that have been mined thus far? Because like if there is going to be only 50mil USDe minted this year, then perhaps...thoughts?
I don't think anyone can definitively say how this is going to play out. At face value a smaller supply of coins would seem to mean prices should be higher but that isn't necessary the case. Look at EAC (13.5 billion coins) vs DOGE (100 billion coins). EAC's prices are higher but not by much. Assuming crypto-currencies become more and more mainstream, there will be more people coming to buy them. It is possible we will find that even a coin with a huge supply such as DOGE simply doesn't have enough to keep up with demand. Only time will tell.
The rules of supply and demand still exist of course but the problem with determining price is we really don't know what demand will be in the future. Marketing will be a key factor in that which is why some coins will succeed where others will fail even though structurally they aren't that different.
Edit: Also keep in mind that coin supplies in the billions sounds huge but the forex markets trade over $5 trillion worth of currency per day according to Bloomberg and that article with written in 2012. The point is that if crypto-currencies keep moving toward mainstream acceptance the demand could be far larger than any of us realize.
