Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: amacar2 on June 09, 2016, 06:08:36 PM



Title: ANy suggestion about decentralized currency like bitcoin without volatile price
Post by: amacar2 on June 09, 2016, 06:08:36 PM
I am trying to store some of my bitcoin in fiat $ form but afraid to keep them under perfectmoney or similar processor. Do you guys know any altcoin that have backed up by fiat so market rate always remain same. I have heard about nubits but does you guys have any experience storing in nubits form?


Title: Re: ANy suggestion about decentralized currency like bitcoin without volatile price
Post by: kiklo on June 09, 2016, 09:44:42 PM
I am trying to store some of my bitcoin in fiat $ form but afraid to keep them under perfectmoney or similar processor. Do you guys know any altcoin that have backed up by fiat so market rate always remain same. I have heard about nubits but does you guys have any experience storing in nubits form?

Only one, I know of is http://coinmarketcap.com/assets/tether/#markets .
1 Tether = 1 US$

But to be honest, I convert it directly to Fiat using coinbase, instead of another crypto.
But the country you are in may limit your options.


 8)



Title: Re: ANy suggestion about decentralized currency like bitcoin without volatile price
Post by: brekyrself on June 09, 2016, 11:37:28 PM
Bitshares smart coins has this ability however liquidity has always been an issue.  Because of this you may have to go from BTC > BTS > BitUSD and back again.  In an ideal world if there was sufficient liquidity you could go from BTC > BitUSD. 

https://bitshares.org/technology/price-stable-cryptocurrencies/