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Author Topic: Is there a stable cryptocurreny?  (Read 1848 times)
European Central Bank
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September 24, 2016, 03:39:24 PM
Last edit: September 24, 2016, 10:49:54 PM by European Central Bank
 #21

there ain't and probably never will be a stable crypto.

i wouldn't trust anything that claims to be pegged. not many seem to be able to stay that way for long.

I'd sit on dollars and retain control.
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September 24, 2016, 09:20:00 PM
 #22

Stable ?

Ask yourself how many times Poloniex has jumped in and froze Ethereum markets.

What does that tell you ?

How "stable" does a coin need to be if exchanges are the stability by design ?

Rather than letting a coin tank in price like they would in the old days in Crypto..
NOW.. Poloniex etc jumps in and "pauses" markets.

Poloniex = Centralized Crypto Federal Reserve ..pulling the strings ..for profit (Their profits)

FUD first & ask questions later™
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September 24, 2016, 09:28:08 PM
 #23

Buy ETH and Trump !! If you want low investment then go for net coin and blackcoin they are stronger altcoin which are stable and dont forget to DMD which is also somewhere best and stable coin

thanks
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September 24, 2016, 09:42:19 PM
 #24

ETH?  Oh yeah, totally stable. [/S]

Bitcoin is it as far as stability AND liquidity.  Some shitcoins are stable at 0.00000001, but you can't use them because no one else does.

Other coins that get used are totally unstable, including ETH.  DOGE isn't too bad as far as stability, but I wouldn't count on it.

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September 25, 2016, 03:12:22 AM
 #25

Stability is an Illusion.

We Live In a Universe of Constant Flux.  Wink

Quote
The embrace of continuity through time is at the heart of the Pragmatist’s view of life.
All of the founding American Pragmatists, Charles Peirce, William James and John Dewey emphasized the relentless ongoing flux of reality.
Everything to them was in a state of transition between what has been and what would or could be.
Nothing is fixed or settled, everything is constant movement and evolution.

John Dewey called this embrace of the transitory nature of reality “the source of philosophic enlightenment.”
The reason we don’t see reality this way according to Dewey is because it is simply too unstable, insecure and scary.
Throughout history human beings have always celebrated “ends.”
After the hunt there is a feast to celebrate its completion. The ends of affairs give us a sense of stability.
In a universe of constant flux we want to find some fixed objects that we can anchor to.

Embrace the Flux.  Cheesy

 Cool
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September 25, 2016, 03:22:10 AM
 #26

Please I want to know, and what do you think about Thether?

Is there a stable cryptocurrency? Most of the people involved in those currency are treating this system as an investment so no way it can't become stable. Even bitcoin is not stable since it's inception.

Go for the most stable of course bitcoin and coins that already has merchants and community built in it,also there are some start up coins with innovative features,you're lucky if you can stumble one .

In terms of price bitcoin isn't stable. Now imagine, bitcoin has been accepted now in some of the merchants and yet the price isn't stable. How come to those other crypto?

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September 25, 2016, 03:46:50 AM
 #27

Stable ?

Ask yourself how many times Poloniex has jumped in and froze Ethereum markets.

What does that tell you ?

How "stable" does a coin need to be if exchanges are the stability by design ?

Rather than letting a coin tank in price like they would in the old days in Crypto..
NOW.. Poloniex etc jumps in and "pauses" markets.

Poloniex = Centralized Crypto Federal Reserve ..pulling the strings ..for profit (Their profits)

I don't quite get how the exchanges can pause the markets of crypto. can you expand this so we'd better understand it?
I'm sure there are lots of us that don't really understand it while we keep pretending we do Smiley

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JITENDERPAR3
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September 25, 2016, 03:52:08 AM
 #28

Please I want to know, and what do you think about Thether?
yes , there is a coin whose rate never goes down and also i think never had gone down that is ROM .
buy unfortunately we need buyer for this coin . there is less no. of buyer in the crypto market for this coin .its daily increase in rate is about 0.9-1% daily per rom coin .
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September 25, 2016, 04:02:36 AM
 #29

Stable ?

Ask yourself how many times Poloniex has jumped in and froze Ethereum markets.

What does that tell you ?

How "stable" does a coin need to be if exchanges are the stability by design ?

Rather than letting a coin tank in price like they would in the old days in Crypto..
NOW.. Poloniex etc jumps in and "pauses" markets.

Poloniex = Centralized Crypto Federal Reserve ..pulling the strings ..for profit (Their profits)

I don't quite get how the exchanges can pause the markets of crypto. can you expand this so we'd better understand it?
I'm sure there are lots of us that don't really understand it while we keep pretending we do Smiley

A bug is announced with ETH.
It is not even exploited causing a problem but in advance Poloniex goes and "suspends trading"
AKA: Pauses the market for the coin.

They did that more than once.

WHY ?

An attempt to control and influence the price of the shitcoin in question.

Appropriate ?

Yeah sure for a centralized exchange that is playing god and tinkering with things they shouldn't.
..just like the US Federal reserve does with FIAT.

And before you all think of crying FUD at me just remember this example i provided you all is..
Your lost opportunity to buy moar cheap coins nom nom nom.
Taken from you by polo staff etc.

Others do it too but the last while Poloniex seems to be taking the lead with that sort of bullshit.

And on a side note... i LOL

Saying there can be NO stability ?
Yet saying there can be 100% secure ANON coins ?
Yup.. large LOL'z  Cheesy

You guys would be screwed in Crypto with out me.. hahahha
You'd be holding your shoes asking how to make a grilled cheese sandwich asking where to put the lemons !

FUD first & ask questions later™
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September 25, 2016, 04:35:50 AM
 #30

Silk Network has developed a binary coin system to make a stable digital currency.
https://bitcointalk.org/index.php?topic=1601099.0
https://silknetwork.org/files/brochure.pdf

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September 25, 2016, 04:42:18 AM
 #31

Please I want to know, and what do you think about Thether?
yes , there is a coin whose rate never goes down and also i think never had gone down that is ROM .
buy unfortunately we need buyer for this coin . there is less no. of buyer in the crypto market for this coin .its daily increase in rate is about 0.9-1% daily per rom coin .
you are right but here i am confused that the price rate of bitcoin keeps on fluctuating every second then how can you say its price never get down . actually the price rate in doller goes down and up. 
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September 25, 2016, 04:46:04 AM
 #32

Stable ?

Ask yourself how many times Poloniex has jumped in and froze Ethereum markets.

What does that tell you ?

How "stable" does a coin need to be if exchanges are the stability by design ?

Rather than letting a coin tank in price like they would in the old days in Crypto..
NOW.. Poloniex etc jumps in and "pauses" markets.

Poloniex = Centralized Crypto Federal Reserve ..pulling the strings ..for profit (Their profits)

I don't quite get how the exchanges can pause the markets of crypto. can you expand this so we'd better understand it?
I'm sure there are lots of us that don't really understand it while we keep pretending we do Smiley

A bug is announced with ETH.
It is not even exploited causing a problem but in advance Poloniex goes and "suspends trading"
AKA: Pauses the market for the coin.

They did that more than once.

WHY ?

An attempt to control and influence the price of the shitcoin in question.

Appropriate ?

Yeah sure for a centralized exchange that is playing god and tinkering with things they shouldn't.
..just like the US Federal reserve does with FIAT.

And before you all think of crying FUD at me just remember this example i provided you all is..
Your lost opportunity to buy moar cheap coins nom nom nom.
Taken from you by polo staff etc.

Others do it too but the last while Poloniex seems to be taking the lead with that sort of bullshit.

And on a side note... i LOL

Saying there can be NO stability ?
Yet saying there can be 100% secure ANON coins ?
Yup.. large LOL'z  Cheesy

You guys would be screwed in Crypto with out me.. hahahha
You'd be holding your shoes asking how to make a grilled cheese sandwich asking where to put the lemons !


We need a real competitor against Poloniex.

Before any real competitor exists, Poloniex still has its biggest influence in altcoin markets.
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September 25, 2016, 06:14:31 AM
Last edit: September 26, 2016, 04:09:45 AM by Spoetnik
 #33

I think we need a system like a decentralized autonomous exchange.
I don't say one with a coin tacked onto it either..
What i envision would be waaaaaaaaaaaaay harder to make than Bitcoin was at first.
So i don't see any advancement in that area any time soon.

I'm thinking of a system that is automated as possible that would allow trading of coins etc
But i have seen nothing so far that is like what i envision we need.

OR..

We need to push in the other direction to be more centralized and compliant and standards based.
Exchanges are business's designed to make money.
Problem is they are controlled by select people who have far too much power.
And they can too easily be corrupt.
Worse of all is there is no over sight or laws / regulations governing them.
They can literally do anything and get away with it.

If Mark from Gox had been pressed with regulations and forced to have financial transparency it would have been different.
He was given 100% freedom to screw with shit in the shadows as he wished.
And you all all enabled him to do it by acting like cheerleaders.
Because your small tiny little profits depended on it..

You trust people who run exchanges these days ?
I don't trust ANY of them at all !

The system is broken and that is where the coins get their most usage..
It's where they are usually bought & sold ..and die.  Shocked

I had quit long ago arb'ing coins because the stability was gone and dead.
During coin pumps all too often an exchange would randomly have network issues
and your transfer would only show up AFTER the pump was long done.
Sending coins in a consistent time frame was no longer possible.
Your Doge coins may show up in 5 minutes or be gone for 3 days or 3 months.
Kind of a nasty kick in the fucking teeth when arb'ing coins in a volatile market.. with wild swings because of "pumpers"

The coin itself is only part of the equation of "stability"
In a way the exchanges are apart of the coins.
Which coins don't end up traded on centralized *potentially corrupt* unregulated exchange business's ?
NONE.. they all end up taking the same path ..which is NOT STABLE !
Far from it.. it's broken !
How many exchanges have cried i wuz hacked ?
I lost count..

PS:
Circuit Coin Design ? WTF ? LOL  Shocked

FUD first & ask questions later™
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September 25, 2016, 07:40:03 AM
 #34

BTC and LTC.
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September 25, 2016, 08:48:48 AM
 #35

Please I want to know, and what do you think about Thether?

You mean Ethereum? Well, as I have read it had been esrablished for a long time so in terms of people's trust they already got it.  Stability? No. Why would you want that? I came here because I want to play with the price of crypto I see a lot of movent from it and that means money.
If you want stability. Buy a piggy bank then drop your excess money there everytime you have some. It will be stable. No price increase or decrease.
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September 25, 2016, 06:41:28 PM
 #36

Please I want to know, and what do you think about Thether?

As far as I know one of the stable cryptocurrencies is Stellar and you can check its price by googling "1 STR= USD" as STR is short for stellar .
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September 25, 2016, 06:47:29 PM
 #37

BTC and LTC.

Bitcoin isn't stable at all. The price is constantly changing. Even if the price has been stable in the last month, it won't take too long until the price will change a lot. I would say ethereum is a stable one.
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September 25, 2016, 08:23:54 PM
 #38

what does the op actually want a stable crypto currency for? that's quite an important question to ask.
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September 25, 2016, 08:28:53 PM
 #39

BTC and LTC.

Bitcoin isn't stable at all. The price is constantly changing. Even if the price has been stable in the last month, it won't take too long until the price will change a lot. I would say ethereum is a stable one.

A coin that is even considering let alone executing a hard fork, I wouldn't call stable...

The Bitcoin ain't stable either, but I agree on the Litecoin. Out of all them coins out there, the LTC is has a large base as in terms of mining support whilst spikes either up or down are relatively low (compared to other coins).

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September 26, 2016, 04:12:36 AM
 #40

what does the op actually want a stable crypto currency for? that's quite an important question to ask.

I was replying to stable as in how it functions.
But i wonder if the OP meant the price ? Probably  Cheesy

FUD first & ask questions later™
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