Monero is already starting to bounce. But if you’re still licking your wounds, definitely check this out before you trade, https://simplifiedprivacy.com/loss/

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[–] ezchili@iusearchlinux.fyi -3 points 7 months ago* (last edited 7 months ago) (20 children)

Monero has an 18.4 million token cap you absolute buffoon, it is deflationary by design and therefore will never be viable as a currency

https://sethforprivacy.com/posts/dispelling-monero-fud/#monero-has-an-infinite-supply

The great theory of a capped inflation omits the fact that economical activity creates value over time.

Your cult is worshipping the same idiocy that helped cause 3 great depressions.

If it actually was a currency, you would never have an incentive to spend it. It's always better to spend it tomorrow rather than today if you can afford it, because your cash holds value.

Something that grows in value over time you don't call it a currency you call it an asset

If an asset's only value is that people believe it has one, and it can be traded, you're making beanie babies.

Enjoy being poor.

[–] Berg@monero.town 2 points 7 months ago (3 children)

As your link mention, Monero has a tail emission of 0.6 xmr every block. So it is inflationary, but in a predictable fashion. In around 120 years the Monero supply should be doubled. Assuming no changes to emissions that is.

[–] ezchili@iusearchlinux.fyi 1 points 7 months ago (2 children)

If my curve is asymptotic, no one will notice the supply's capped /clueless

[–] Berg@monero.town 2 points 7 months ago (1 children)

The supply is not capped, it increases linearly. Yes, the inflation as a percent goes toward zero. And if the assumption that similar amount of coins is lost is correct, I guess the effect could be no inflation. This is looking at Monero in isolation. With highly inflationary currencies being the norm, prices in Monero might deflate.

Are you a proponent of inflation as a percent of total supply being linear? Or exponential? BTW insulting people in every post does not strengthen your arguments.

[–] ezchili@iusearchlinux.fyi -1 points 7 months ago* (last edited 7 months ago)

You're delusional if you think people can entertain a negative discussion about monero's soundness as a currency on c/monero

And that one guy calls people faggots so probably go eat a dick as well

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