not all coins have this limit, coins like bitcoin do have a limit of 21 million in existence and that cannot be changed even by its founders

whereas coins like ripple/XRP the limit can be changed by its founders because they control the supply

and if a coin have 1 billion in existence, but ppl are willing to pay $10 for the coin because they believe in the foundations of the coin, then the coin will be worth $10 each, but if suddenly the founders add 1 billion more coins into existence and now theres 2 billion coins, each coin will not be worth $10 anymore because there are 1 billion more coins flooding the market driving the price down

its just like gold, why is gold so valuable? because ppl willing to pay high price for it and its limited

This post has been edited by steady bro: Apr 7 2021, 12:51 AM

xrp do have a limit now, there are 45 billion XRP's in existence now, thus the price still maintains and going up now because of the hype

BUT the limit can be changed by its founders anytime because its centralized and controlled by them, so if tomorrow the founder decides to add 5 billion more XRP's into existence and total become 50 billion XRP's , they can do that and no one can stop them, this is basically like US gomen printing USD la

but yeah XRP kena hyped up hence the high price now, and also the court case, it was because of the court case that their price went down alot before this, hence if they win this court case, then the price will go up because ppl will have confidence in the coin

i dont know , didnt really follow up on ripple

but centralized coins are like that one, they can be busted by the authorities anytime unlike those decentralized colns, US gomen cannot go against bitcoin, eth, and many other decentralized cryptos, hence they will attack those that they can go against

quite late to buy now

xrp was $3.40 before, can it go back to that price if they win the court case?

it pumped up to highest 0.0028 few days ago but dropped quite alot these few days, now might be a good price to enter

haha ya, but bake belum terbang, can buy in

woah bake flying today liao, u got another gucci liao

i small time ikan bilis je, not as rich as u guys otais hahhaah

i also earn crypto for chicken rice with chinese tea jer hhahaha

real one, there are alot of crypto kakis much much richer than me in this forum, i considered small kaki oni

so who got bake cake? if got then happy birthday liao lor hahahaha

and tmr cny?

just bought my first few bnb's for staking for tlm, first time buying bnb, hope it shoot up to $1k, and now just enjoy the ride with the hype of these launchpad tokens

haha yeah, got money to earn why not? ahahhaha
now is FOMO stage liao, alot of ppl joining in now to get that 20x 30x launchpad token profit, better than playing other alts hahaha
but also need to know when to exit, lets see how well TLM token doing nex month when list on binance, for now just hodl n stake

ahh i see wrongly liao, tot is after the staking only list, rupanya tmr list liao lol,

okok will dump tmr lol, thanks for the heads up hahaha, if not i will hodl until nex month LOL

me small player got 2+ tlm je LOL

prepared to dump at 2 later

wahh, then need sell above $5 each tlm lol

LOL from $5++ to $1++ hahhahaa

2 also duno can reach or not lol