RE: POLYCUB Halving: Are We Nearing The Bottom?
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we only need $120K of buy pressure to soak up all the new emissions.
If this was true I would totally buy back in.
But it isn't true.
Because it assumes that users aren't going to dump coins they already farmed.
If 14% of tokens in the xpolycub contract want to exit, they will push the price down 75% farther to 8 cents. I'm looking to buy around the 10 cent range.
Also the focus on deflation is crazy ironic coming from you.
The demand going down due to lowered yields is greater than the supply cut.
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Right. As well as is NOT concidered, how many new tokens will be not sold, but hodl'ed. Nobody knows how many will hodl.
My guess - over 80% new gained tokens will be HODL'ed.
Not a fact, just a bold guess.
But I would like to see this number (80) proved to be absolutelly wrong. Very curiuos how one could do this.
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If I wasn't such an EVM scrub I'd be running all kinds of analysis.
Hence why is says new emissions. There is always the possibility for existing people to sell what they have. In fact they are necessary over time.
Not at all. Why do you believe that?
It has been. It could still be. It will not always be the case. But the last part is up for debate so we will have to see.
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Because you're always talking about how deflation is the worst thing ever,
even within the context of crypto and Bitcoin, not just the legacy economy.
We need be be printing more money, not burning it.