Cryptocurrency Q&A
How do you know if a coin is deflationary?
How do you know if a coin is deflationary?
SamsungShiningStar
Thu Nov 21 2024
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6 answers
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I'm trying to figure out how to determine if a coin is deflationary. I want to understand the characteristics or features that would indicate a coin is experiencing deflation.
6 answers
Valentina
Sat Nov 23 2024
Understanding the distinction between inflationary and deflationary cryptocurrencies primarily hinges on their supply mechanisms.
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CryptoProphet
Sat Nov 23 2024
In the context of inflationary cryptocurrencies, the supply increases progressively over time.
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CryptoVanguard
Sat Nov 23 2024
This growth in supply is often intentional, aimed at maintaining a steady Flow of coins in the market.
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SakuraBlooming
Sat Nov 23 2024
Conversely, deflationary cryptocurrencies operate on a decreasing supply model.
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GyeongjuGloryDaysFestivalJoy
Fri Nov 22 2024
The intention behind a decreasing supply is to foster scarcity, which can potentially drive up the value of the remaining coins.
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