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    Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9724703 times)
    Bridgewater
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    April 29, 2015, 01:00:04 PM
     #95261

    As we are in DASH thread, who thinks it's a good thing the inflation of DASH is low, so miners and botnets can't dump huge daily amounts making any price stability or increase impossible?

    I've been thinking that since I first learned the insta-campaign against Dash was instigated by supporters of Monero, of all coins.

    It astounds me that they tried to spread FUD about Dash's brief historical hiccup in emission which is completely irrelevant for present and future investors, while their own coin has a CURRENT and ONGOING hiccup of unsustainable inflation.  Probably the only reason that coin's price does not have a continuous downward slope in price is because the miners can just hold and wait for for unsuspecting outside investors to buy and raise the price, then they dump their latest batch of "instamined" coins (instamine is such a subjective term anyway, and Monero's current rate of emission will surely be worthy of the moniker in the future, looking at their emission curve).  

    From a traditional buy-and-hold perspective:

    A potential new investor of Monero, who buys today and holds for a year, can expect around 80 or 90 percent inflation at current rate (or is it more?). That means 80 or 90% price speculation from outside investors has to occur despite excessive selling from miners pay for rigs and take profits.  

    A potential new investor of Dash, who buys today and holds for a year, can expect around 18% inflation. That means only a modest increase in speculative new money must enter in order to maintain investment value.  On top of that, there is the extra incentive to hold and support the network, which has the effect of reducing supply and makes price increase all the more easier to keep up with inflation.

    IMO, if coinmarketcap wanted to add something useful to identify potential investment risk for true proof-of-work coins, the current annual inflation rate for each coin should be calculated and displayed.
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