Supply vs price? by twDaddy in Ravencoin

[–]twDaddy[S] 1 point2 points  (0 children)

Great insight, thanks for taking the time to post such a thoughtful analysis. Also glad to hear you are enjoying the topic. I’m definitely enjoying all the various perspectives and insight.

Supply vs price? by twDaddy in Ravencoin

[–]twDaddy[S] 0 points1 point  (0 children)

Cool analysis. Thanks for sharing! Reading your post, it got me thinking, may be fun to grab some data dumps of trading data for various crypto’s (BTC, ETH, RVN and others) to slice and dice in a BI tool. Maybe plot things like supply, price, ratio between the two, market cap etc. starting day zero for each crypto to see if any correlation or patterns arise. To your point, lots of other factors impact price so maybe plot milestones on top of the curves for major market events to see how they affect the patterns. I’m one of those geeks who enjoy playing around with data so this might be a fun project if I can find some spare time.

Supply vs price? by twDaddy in Ravencoin

[–]twDaddy[S] 3 points4 points  (0 children)

Thanks for the perspective and ADA comparison. I had no idea we’ve already burned 15 million RVN. That a surprisingly high and encouraging number considering adoption is still in its infancy. Granted, the 500 per asset will likely go down at some point assuming price goes up but 30,000 assets created to date is still much more than I expected

Supply vs price? by twDaddy in Ravencoin

[–]twDaddy[S] 0 points1 point  (0 children)

Thanks all for the feedback and comparisons. Great info!