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Author Topic: How to create a coin that stays stable forever?  (Read 257 times)
Sahyadri
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December 10, 2017, 05:03:56 PM
 #21

A coin can't stay at the same price forever if it is decentralized. In order for it to become stable it has to be centralized and governed by an authority. LTC for instance, is created by Charlie Lee and managed by him. The coin if available for trading will increase or decrease in price based on people's interest over it. So it is difficult for a coin to be stable in price until it is a shit coin and nobody has any interest in it.
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pooque
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December 10, 2017, 05:12:25 PM
 #22

Guys what do you think?

I believe it is possible to create an Altcoin that does not change very much (very stable coin)...that will kind of imitate the US dollar.. But am not sure how this can be done. Would probably require complicated Maths to create to ensure that it stands the taste of time.

Do you have any idea how this can be done?
Yes its possible to create a coin like that,but the problem is the people wont touch that coin because its morelikely a centralized currency its like you created another paypal like digital asset.

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December 10, 2017, 05:16:37 PM
 #23

Guys what do you think?

I believe it is possible to create an Altcoin that does not change very much (very stable coin)...that will kind of imitate the US dollar.. But am not sure how this can be done. Would probably require complicated Maths to create to ensure that it stands the taste of time.

Do you have any idea how this can be done?

I have no idea for this because this crypto and not like a fiat. Fiat are controlled by goverment and economic trend. And crypto is not regulated by anyone so its hard to control it guys.
So in my craziest idea you should be a president, so you have much power to make a regulation of crypto and make it legal. Made a  international relationship with another country and start to introduce the cryptoeconomy trend and describe about advantages for the cryptocurrency. I think you can control the coin. But thas just my opinion guys. Smiley

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December 10, 2017, 05:21:20 PM
 #24

I don't think it's possible that a coin or Cryptocurrency will stay forever unless the security is very strong and hackers cannot penetrate multiple core servers once at a time but I really don't think even Bitcoin that will last 50 years or more.
Creating a coin to last forever is unthinkable due to volatility and nothing is secure when it comes into internet and inter-networks. 





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