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RE: BAT Mercury- Understanding the technical updates in the new release
You make a good point. Total coin supply is one of the metrics I utilize to help me understand the potential upside in a token. However, I think there are several tokens where the total coin supply is misleading because most of that supply is not liquid on the market and the total supply is already capped so no new coins are being issued every day. Tokens that have a demand for their tokens outside of speculation have an advantage in this respect. With BAT the goal seems to be that purchases of the coin on the market be primarily from advertisers who need the token to reward users and pay publishers.
You are right. But coins like these with small value are seen by investors for long-term. And in that perspective the liquidity and circulation does not really come into play. You know they will issue at some point.
You need to have a clear path. In this regard, I admire what Civic offers despite it's One Billion supply. Civic is i think capped to three years duration and every order will have three minute or so pause time to let the common investors come in and make some profit.
I have never invested in Coins with 1B+ supply other than for short-term profitability but Civic is the only one I am thinking about. Tx