Bitcoin Forum
June 22, 2024, 11:47:49 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Every Cryptocurrency must a stable version of itself ?  (Read 83 times)
Ucy (OP)
Sr. Member
****
Offline Offline

Activity: 2576
Merit: 402


View Profile
February 06, 2018, 08:11:36 AM
 #1

Investing in cryptocurrency shouldn't be too risky if we are really serious about mass adoption.  The Stories about people losing their minds as a result of crash should get us thinking. Crypto should not be allowed to degenerate into a system it is trying to resist.

Every Cryptocurrency should have a stable version of itself people can switch to when they want. The best thing about the Stable version is that it will still increase the value of its main version when bought by investors. Example: Bitcoin goes up in price when someone buys a million dollar worth of  Bitcoin.S ( Stable Bitcoin).   Someone said this could be done with Sidechain but it would be difficult. Am sure you know what Sidechain means by now.

I think this will help keep crycurrency from dangerous crashes.


matsusomoto
Member
**
Offline Offline

Activity: 182
Merit: 10


View Profile
February 06, 2018, 09:10:27 AM
 #2

Investing in cryptocurrency shouldn't be too risky if we are really serious about mass adoption.  The Stories about people losing their minds as a result of crash should get us thinking. Crypto should not be allowed to degenerate into a system it is trying to resist.

Every Cryptocurrency should have a stable version of itself people can switch to when they want. The best thing about the Stable version is that it will still increase the value of its main version when bought by investors. Example: Bitcoin goes up in price when someone buys a million dollar worth of  Bitcoin.S ( Stable Bitcoin).   Someone said this could be done with Sidechain but it would be difficult. Am sure you know what Sidechain means by now.

I think this will help keep crycurrency from dangerous crashes.



I have do disagree with your statement,cryptocurrencies will never be stable for as long it is not regulated which is not an option because these currencies are created to counter any regulations by the government,someone needs to control it before the price would be stable like fiats.

blinchain
Member
**
Offline Offline

Activity: 112
Merit: 15


View Profile
February 06, 2018, 09:46:46 AM
 #3

I think the advantage of bitcoin is out of control. If it can be controlled, if one person controls bitcoin and the market is dominated by him, then why should we invest in it, might as well invest in other bitcoin The risk is not low.
bitcoinzen
Member
**
Offline Offline

Activity: 420
Merit: 11


View Profile
February 10, 2018, 08:33:39 PM
 #4

Every crypto currency should be unique in nature and should cultivate for betterment of blockchain technology then only the coin will have value
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!