Bitcoin Forum
May 11, 2024, 03:53:50 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: is there are self regulating stable coin?  (Read 1243 times)
anks (OP)
Sr. Member
****
Offline Offline

Activity: 572
Merit: 259


LSK, QTUM


View Profile
April 12, 2017, 11:16:55 AM
 #1

a stable decentralized monetary system without or low price fluctations
if not is it possible to develop one?

LISK
          ▄██▄
        ▄██████▄
      ▄██████████▄
    ▄██████████████▄
    ▀██████████████▀
      ████████████
       ██████████
       ▀████████▀
      ████████████
     ██████████████
      ████████████
        ▀██████▀
                 ▄▄   ▄▄
                ▄▀ ▀▀█  █
               ▄▀     ▀▀
           ▄▄▄▄█▄
       ▄█▀▀▀▀▀▀▀▀▀▀█▄
   ▄▀▄▀              ▀▄▀▄
  █  █   ▄█▄    ▄█▄   █  █
   ▀█    ▀█▀    ▀█▀    █▀
    █                  █
     █   ▀▄      ▄▀   █
      ▀▄   ▀▀▀▀▀▀   ▄▀
        ▀▀▄▄▄▄▄▄▄▄▀▀

                        ▄▄▄
    ▄▀▄              ▄▀▀   ▀▀▄
    ▀▄ ▀▀▄▄         █     ▄   ▀▀█▀
      ▀▄▄  ▀▀▄▄     █         █▀
      ▀▄ ▀     ▀▀▄▄▀         █
       ▄▀▀▄                  █
        ▀▄▄                 █
  ▀█▄▄     ▀▄              █
    ▀▄▀▀▀▀▀▀         ▄    █
      ▀▄▄          ▄▀▀ ▄▄▀
         ▀▀▄▄     ▄▄▄▀▀
             ▀▀▀▀▀

       ▄▄▄▄▄▄
   ▄▄▀▀      ▀▀▄▄
  █              █ ▄
 █                █ ▀▄
 █                █  ▀▄
  █              █    █
▄▀ ▄▄          ▄▀    ▄▀
 ▀▀  ▀▀▄▄▄▄▄▄▀▀      ▀▄
        ▀▄▄      ▄▄▀▀▄▄▀
           ▀▀▀▀▀▀
    ▄▀▄            ▄▀▄
   █   █          █   █
  █     █ ▄▄▄▄▄▄ █     █
 ▄▀      ▀      ▀      ▀▄
 █                      █
█       ▄▄▄▄▄▄▄▄▄▄       █
█    ▄▀▀          ▀▀▄    █
█   ▄▀   ▄      ▄   ▀▄   █
 █  █   ███    ███   █  █
  █  █   ▀      ▀   █  █
   ▀▄ ▀▀▄▄▄▄▄▄▄▄▄▄▀▀ ▄▀
     ▀▀▄▄▄▄▄▄▄▄▄▄▄▄▀▀
CHAT
Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715442830
Hero Member
*
Offline Offline

Posts: 1715442830

View Profile Personal Message (Offline)

Ignore
1715442830
Reply with quote  #2

1715442830
Report to moderator
1715442830
Hero Member
*
Offline Offline

Posts: 1715442830

View Profile Personal Message (Offline)

Ignore
1715442830
Reply with quote  #2

1715442830
Report to moderator
1715442830
Hero Member
*
Offline Offline

Posts: 1715442830

View Profile Personal Message (Offline)

Ignore
1715442830
Reply with quote  #2

1715442830
Report to moderator
arwin100
Hero Member
*****
Offline Offline

Activity: 2730
Merit: 807


Jack of all trades 💯


View Profile WWW
April 12, 2017, 12:05:47 PM
 #2

a stable decentralized monetary system without or low price fluctations
if not is it possible to develop one?

Try to look up for monero and you could see that the price of that coin is not moving nor flactuating well. And whats the catch for asking that? Do you have a plan to stake on stable coin? or do you want to clone a coin like that?

It might be good for you if you want to hide your money in that coin but one thing for sure that you cannot earn from that since as stated that coin doesn't have an healthy movements where traders rarely trades it since they cannot earn for trading that one.

nemgun
Hero Member
*****
Offline Offline

Activity: 882
Merit: 533



View Profile WWW
April 12, 2017, 01:10:40 PM
 #3

You'd better have a look at http://blackcoin.co/
They literally created POS V3, and rat4 is a great developer. They are on pure POS now and the total coin supply is managed by the blockchain in order to maintain a 1% inflation.

I don't know for monero as people on the forum was more interested in the privacy features. As of BLK, the price was very stable for the past months, untill the reçent events on Bitcoin where he climbed like most of the altcoins. Yet they are the most stable in term of inflation controle.
NeuroticFish
Legendary
*
Offline Offline

Activity: 3668
Merit: 6383


Looking for campaign manager? Contact icopress!


View Profile
April 12, 2017, 01:16:50 PM
 #4

a stable decentralized monetary system without or low price fluctations
if not is it possible to develop one?

Price fluctuation against what? Even USD fluctuates against EUR, JPY or XAU.
There's USDT (Tether) which, from what I know, is pegged to USD price, maybe this is what you are looking for. https://tether.to/faqs/
I am not sure about its decentralization, you may have to do some homework Smiley

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
nemgun
Hero Member
*****
Offline Offline

Activity: 882
Merit: 533



View Profile WWW
April 12, 2017, 01:21:26 PM
 #5

a stable decentralized monetary system without or low price fluctations
if not is it possible to develop one?

Price fluctuation against what? Even USD fluctuates against EUR, JPY or XAU.
There's USDT (Tether) which, from what I know, is pegged to USD price, maybe this is what you are looking for. https://tether.to/faqs/
I am not sure about its decentralization, you may have to do some homework Smiley

I seriously don't think that he is decentralized, because else they wouldn't be able to controle the price. It is like ripple, and the unique purpose of this coin is to serve as a counterparty of USD for cryptocurrencies.
In reality it fluctuates when USD fluctuates, but not against Bitcoin, this is why it is getting the attention of traders, but be warned that it is not a fixed state, as i remeber that last year they fluctuated a lot. And it is not the first fixed price crypto, they all fluctuate in the end so beware.
anks (OP)
Sr. Member
****
Offline Offline

Activity: 572
Merit: 259


LSK, QTUM


View Profile
April 12, 2017, 02:13:29 PM
 #6

You'd better have a look at http://blackcoin.co/
They literally created POS V3, and rat4 is a great developer. They are on pure POS now and the total coin supply is managed by the blockchain in order to maintain a 1% inflation.

I don't know for monero as people on the forum was more interested in the privacy features. As of BLK, the price was very stable for the past months, untill the reçent events on Bitcoin where he climbed like most of the altcoins. Yet they are the most stable in term of inflation controle.

the point is to make a safe asset.
the fiat money system is not safe.
how about making a crypto similiar to the fiat system as crisis management, when the old fiat system breaks down.
other cryptos are too volatile and when there would be no money to fincance the miners cryptos would go down, too?
no computing capacity or energy would drop the course same as the fiat system.
thats why i thought about a stable cryptocurrency that is self regulating like a bank
the bank itself follows its algorhythm so no humans behind a bank and no corruption.


LISK
          ▄██▄
        ▄██████▄
      ▄██████████▄
    ▄██████████████▄
    ▀██████████████▀
      ████████████
       ██████████
       ▀████████▀
      ████████████
     ██████████████
      ████████████
        ▀██████▀
                 ▄▄   ▄▄
                ▄▀ ▀▀█  █
               ▄▀     ▀▀
           ▄▄▄▄█▄
       ▄█▀▀▀▀▀▀▀▀▀▀█▄
   ▄▀▄▀              ▀▄▀▄
  █  █   ▄█▄    ▄█▄   █  █
   ▀█    ▀█▀    ▀█▀    █▀
    █                  █
     █   ▀▄      ▄▀   █
      ▀▄   ▀▀▀▀▀▀   ▄▀
        ▀▀▄▄▄▄▄▄▄▄▀▀

                        ▄▄▄
    ▄▀▄              ▄▀▀   ▀▀▄
    ▀▄ ▀▀▄▄         █     ▄   ▀▀█▀
      ▀▄▄  ▀▀▄▄     █         █▀
      ▀▄ ▀     ▀▀▄▄▀         █
       ▄▀▀▄                  █
        ▀▄▄                 █
  ▀█▄▄     ▀▄              █
    ▀▄▀▀▀▀▀▀         ▄    █
      ▀▄▄          ▄▀▀ ▄▄▀
         ▀▀▄▄     ▄▄▄▀▀
             ▀▀▀▀▀

       ▄▄▄▄▄▄
   ▄▄▀▀      ▀▀▄▄
  █              █ ▄
 █                █ ▀▄
 █                █  ▀▄
  █              █    █
▄▀ ▄▄          ▄▀    ▄▀
 ▀▀  ▀▀▄▄▄▄▄▄▀▀      ▀▄
        ▀▄▄      ▄▄▀▀▄▄▀
           ▀▀▀▀▀▀
    ▄▀▄            ▄▀▄
   █   █          █   █
  █     █ ▄▄▄▄▄▄ █     █
 ▄▀      ▀      ▀      ▀▄
 █                      █
█       ▄▄▄▄▄▄▄▄▄▄       █
█    ▄▀▀          ▀▀▄    █
█   ▄▀   ▄      ▄   ▀▄   █
 █  █   ███    ███   █  █
  █  █   ▀      ▀   █  █
   ▀▄ ▀▀▄▄▄▄▄▄▄▄▄▄▀▀ ▄▀
     ▀▀▄▄▄▄▄▄▄▄▄▄▄▄▀▀
CHAT
CurrenSky
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile WWW
April 12, 2017, 03:59:34 PM
 #7

a stable decentralized monetary system without or low price fluctations
if not is it possible to develop one?

Hello anks,
Did you hear about CurrenSky?

Smiley

(/r/)CurrenSky :
CurrenSky.com is a very stable CC concept made to generate financial interests to its users by backing up its value in Real Estate..
PokerDiceMan
Hero Member
*****
Offline Offline

Activity: 602
Merit: 501


Undeads.com - P2E Runner Game


View Profile
April 13, 2017, 03:34:57 AM
 #8

a stable decentralized monetary system without or low price fluctations
if not is it possible to develop one?

if you want crypto curency base with blockchain and stable price without fluctuation you can use USDT
only USDT is stable price 1 USDT same one USD
another coin still fluctuation price, trader need fluctuation price can get profit

💀|.
   ▄▄▄▄█▄▄              ▄▄█▀▀  ▄▄▄▄▄█      ▄▄    ▄█▄
  ▀▀▀████████▄  ▄██    ███▀ ▄████▀▀▀     ▄███   ▄███
    ███▀▄▄███▀ ███▀   ███▀  ▀█████▄     ▄███   ████▄
  ▄███████▀   ███   ▄███       ▀▀████▄▄███████████▀
▀▀███▀▀███    ███ ▄████       ▄▄████▀▀████   ▄███
 ██▀    ▀██▄  ██████▀▀   ▄▄█████▀▀   ███▀   ▄██▀
          ▀▀█  ▀▀▀▀ ▄██████▀▀       ███▀    █▀
                                      ▀
.
.PLAY2EARN.RUNNER.GAME.
||VIRAL
REF.SYSTEM
GAME
|
████████████████████████████
████████████████████████████
████████████████████████████
██████ ▄▀██████████  ███████
███████▄▀▄▀██████  █████████
█████████▄▀▄▀██  ███████████
███████████▄▀▄ █████████████
███████████  ▄▀▄▀███████████
█████████  ████▄▀▄▀█████████
███████  ████████▄▀ ████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
d5000
Legendary
*
Offline Offline

Activity: 3906
Merit: 6249


Decentralization Maximalist


View Profile
April 14, 2017, 04:00:28 AM
 #9

USDT is not self-regulating and is a centralized project - it's using the Bitcoin blockchain, but that's the only aspect that differentiates it from Paypal or the "exchange tokens" ("BitfinexUSD" ...) .

The only already (relatively) successfully explored way to go is a "contract-for-difference"-like smart contract, like in BitUSD (BitShares). I'm not aware of a project that uses Bitcoin for this purpose, and I think that's because its script language is too limited. In the altcoin space there are some other projects like Steemdollar and the (plannet) Makerdao. To base it on Bitcoin, it's possible that you could build a "stablecoin" of this kind with Counterparty.

But in all these cases your currency would be pegged to an asset like a fiat currency (USD) that could fluctuate itself or become inflationary.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
Zadicar
Legendary
*
Offline Offline

Activity: 1330
Merit: 1020


Seabet.io | Crypto-Casino


View Profile
April 14, 2017, 06:01:26 AM
 #10

a stable decentralized monetary system without or low price fluctations
if not is it possible to develop one?

Try to look up for monero and you could see that the price of that coin is not moving nor flactuating well. And whats the catch for asking that? Do you have a plan to stake on stable coin? or do you want to clone a coin like that?

It might be good for you if you want to hide your money in that coin but one thing for sure that you cannot earn from that since as stated that coin doesn't have an healthy movements where traders rarely trades it since they cannot earn for trading that one.
If he would mean to hide his money without the intention on making money on movements then its possible or your own choice to put it since we do know it doesnt move too much which means risk is less comparedo n volatile coins like bitcoin but we should remember anytime a coin might drop even it doesnt give significant movements in the past.Put your money on your own risk because we do know on cryptoworld anything would possibly happen and expect the unexpected.

BTCLuke
Hero Member
*****
Offline Offline

Activity: 526
Merit: 508


My other Avatar is also Scrooge McDuck


View Profile
April 14, 2017, 05:47:52 PM
 #11

There will be actual gold on a blockchain later this year:

https://bravenewcoin.com/news/uks-royal-mint-to-sell-digital-gold/

Of course, they haven't mentioned yet what the fees are.

Luke Parker
Bank Abolitionist
amacar2
Legendary
*
Offline Offline

Activity: 1120
Merit: 1007

CryptoTalk.Org - Get Paid for every Post!


View Profile
April 14, 2017, 07:21:48 PM
 #12

a stable decentralized monetary system without or low price fluctations
if not is it possible to develop one?
- You can look at dogecoin their price remain almost same over time, fluctuate quite less and they are also decentralized.

- There is USDT which is actually a cryptocurrency backed by real USD so its value always remain as 1 US dollar. However this is not a completely decentralized project.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit AirDrop $.|.Get 700 YoDollars for Free!.🏆
nemgun
Hero Member
*****
Offline Offline

Activity: 882
Merit: 533



View Profile WWW
April 15, 2017, 10:38:41 AM
 #13

a stable decentralized monetary system without or low price fluctations
if not is it possible to develop one?
- You can look at dogecoin their price remain almost same over time, fluctuate quite less and they are also decentralized.

- There is USDT which is actually a cryptocurrency backed by real USD so its value always remain as 1 US dollar. However this is not a completely decentralized project.

USDT isn't the first attempt to make a cryptocurrency baked by USD, there was annother one who failed, loosing 50% of her value, which killed her.
If you want something to invest on, use either FIATs, or trusted cryptos who exists since a long time.
clu00
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
April 20, 2017, 04:15:08 PM
 #14

David Zimbeck originally from Blackcoin is working on a Rolling Peg. I'm not sure which Fiat system it will be pegged to. His system could decrease volatility
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!