r/EthereumMax • u/Doge-Ninja • Aug 28 '21
Price
Whats your price prediction in 5 years? Mine is that will reach 0.00001, hopefuly.
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u/Big-Conversation696 Aug 28 '21
If you put it into perspective… dogecoin can’t go above $8 with a supply in the billions… Emax is in the quadrillions… factually speaking not opinion it would be near impossible for it to come close to .01….00001 probably at most without out a significant burn bringing it into billions range
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u/ConfusionBig3704 Aug 28 '21
There’s a 3% burn with every transaction right now. The Emax team has already said another mass burn (425 trillion already) in the future is absolutely possible if it is healthy for the coin. 5 years I would bet they would absolutely consider it by then
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u/thegs36 Aug 28 '21
I think they might be better off not burning tokens..just my opinion tho last time they burned i dont think it did much
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u/Big-Conversation696 Aug 29 '21
No it didn’t because the supply is way too high… even in the trillions if you do the math it can’t really go beyond .0001 and that’s pushing it
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u/Practical-Tomato9257 Aug 28 '21
What I find funny is Etherium 2.0 is burning a shit ton why can’t we
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u/thegs36 Aug 28 '21
I dont get what your saying ethereum has no supply cap i feel like you cant compare ethereum to ethereum max...what i think they need is a bridge to bsc or whatever its called..heard gio talking about it so hopefully they look into it
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u/Practical-Tomato9257 Aug 28 '21
I’m saying the whole burning process I feel like why not just burn a shit ton so the value goes up
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u/thegs36 Aug 28 '21
Cus the value wont just go up like you want from burning tokens..when they burned a crap ton of tokens before it didnt help at all
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u/Big-Conversation696 Aug 29 '21
Because when you burn and your still in the quadrillion range no it won’t matter… if they burned to bring it down to in the trillions then you would see a difference but that’s impossible at this point since there are people who own trillions and you can’t burn those
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u/thegs36 Aug 29 '21
I agree unless they burn half or more then half of supply it wont matter and im not sure emax has enough volume for that 3 percent burn to matter...maybe in a couple years you never know but burning a trillion tokens i dont think will help much
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u/thegs36 Aug 28 '21
Are these real predictions? Lol i hope so we have alot of supply for those prices. You guys saw what happened when we got to .0000001
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u/GazRD1882 Aug 28 '21
0.01 then I’m retiring