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RE: New Chart: Steem Dollar Price and Steem Dollar Supply --- Calculation of SBD Inflation
Compare SBD to Decred.
SBD supply 4.8m worth 10$
Decred supply 6.5m worth 100$
Even if the supply of SBD doubles, the price should be able to reach 70$ if you take into account that it is just another pump and dump coin now without the peg...
Inflation seems not to matter much.
It's not the supply, it's the growth of supply. And in the case of SBD, 500% new coin creation has to be taken from the market. At the current inflation rate SBD supply doubles every 7 weeks.