XOV: creating a central bank for cryptocurrency markets

[cryptopusa]

Our project team will be uploaded this week. Demelza Hays is part of the research team. Some people have asked what the difference is between XRP and XOV. XRP is more of a centralised payments system and does not assume the role that a Central Bank would. XOV's core proposition is to stabilise currency by using a range of financial controls (human and non-human), and to implement these controls through the XOV network. The feasibility of controlling the price of digital currency will be proved from our research. Being able to stabilise digital currency, something that has never been done before and a purpose that Bitcoin was never designed to have. It will mean that for once, merchants can finally accept cryptocurrency as stable form of payment, and people holding the currency can keep it away from the mainstream banking system without fear of it completely depreciating. Bitcoin is a great technical concept and will continue to be used but is too volatile for merchants.

Oh crap sounds like another centralized coin to be out,the community here doesnt support the centralized shitcoin of the banks which is XRP,how this coin be different to the old shitty XRP? most of the supply of XRP is being controlled by its founder and developers,how would you achieve stable currency if the cryptocurrency market is too volatile?

[cryptopussies]

To become a stable cryptocurrency, I think you have to localize this project whitepaper into japanese. Because Japan is preparing cryptocurrency law. It must be a first place that this cryptocurrency goes live.

LOL,cryptocurrencies will never be stable,unless these cryptocurrencies would be centralized thats the time it will be stable but impossible because we have enough centralized shitcoin out there and we dont need another shit project in our community. The word centralized really hurts my shit because we are a decentralized community,banking structure sucks that is why satoshu created bitcoin.

[Shyamthakur]

No doubt it's a great project
Great work team.
Best of luck

[Alwelldinho5]

I'm glad to be part of your community

[CaptainSaint]

Great idea to bring some stability in crytpo market. Especially today when every asset go up and down so quickly. If XOV could become the central point of stability it would be amazing.

[monerodude]

nice...but what about a legit facebook sight? i will have a eye on this project

[cryptospear]

LOL,cryptocurrencies will never be stable,unless these cryptocurrencies would be centralized thats the time it will be stable but impossible because we have enough centralized shitcoin out there and we dont need another shit project in our community. The word centralized really hurts my shit because we are a decentralized community,banking structure sucks that is why satoshu created bitcoin.

You are indeed right cryptocurrencies wont be stable because ot its decentralization,and it shouldnt be decentralized because satoshi's aim is to remove the banking system into our society which is being opposed by some coins like XRP and probably this projec too,we arent stupid to get involved with these coins because we are here because of the decentralization and anonimity of our transactions.

[mudvirtual]

It is great project. This token has great developers, community and road map.
I am looking forward to the future implementations!
Good luck!

[sycaburatan]

Not going to succeed i guess,investors are irritated here because XRP sucked up all of their money last time,that is why you shouldnt be using the word banking structure,centralized coin are not welcome here because we believed that  cryotocurrencies should always be decentralized so you need to know that we wouldnt be supporting this one.

[rapwindsoul]

This project is interesting and quite intriguing, interesting because it has great vision of stabilizing the volatile ups and downs of price of cryptomarket and intriguing at the same time because it contradicts the idea of engaging in crypto to be "decentralized". Looking forward to the development and implementation the project.

[aadi.ans143]

XOV has arrived on bitcointalk.
https://www.xovercoin.com

Please support the XOV project. XOV is creating a crypto-central banking infrastructure to stabilise the crypto markets. We have support from Emin Gun Sirer.

There will be a seed funding round.

We will contribute more later.

XOV Project Team

One of the best projects and it will get huge success.

[tartour]

Looks like a very interesting project.

[alitaoutaou89]

very nice is it very good project .good luck and nice future

[setifien19]

It seems to me that something is going wrong here, because, as we all know, cryptocurrencies are made / created in order to escape from the centralised sides ( banks, financial services, centralised exchanges... ) which act as a third party in any transaction we do , & this is not what crypto community is looking for

[JeffBrad12]

Very exciting project, looking forward to this. A central bank for cryptocurrency markets is more then welcome !

Waiting for more news !

Keep up the good work.

How does it work? I gonna say if that doesn't make sense in my opinion. Crypto is only needed permission from the government to be entirely regulation. I don't think if we will need this one. The fact there are some projects are working on the banking platform. Do you wanna self-regulate crypto?

It looks like so tricky because crypto has been building from various communities.

[cryptopuma]

This project is interesting and quite intriguing, interesting because it has great vision of stabilizing the volatile ups and downs of price of cryptomarket and intriguing at the same time because it contradicts the idea of engaging in crypto to be "decentralized". Looking forward to the development and implementation the project.

The market has only billions of marketcap,so it is easier to manipulate the market it only means that cryptocurrencies wont be stable like forex and stockmarkets because these markets are fiat backed up and it has trillions of marketcap compare to cryptocurrencies,it is impossible to have stable market because we only have very small total marketcap.

[kimochidesh]

I don't think there is need of any crypto-bank. In long-term, crypto bank will also control the cryptocurrency in the same way as Fiat is controlled by central bank and govt. The whole concept of decentralization will be ruined if such crypto banks came into existence.

[cryptomorphines]

Cryptocurrencies were created to remove the banking system,are you kidding me? why are we going support the banking structure of your proejct? doesnt make sense because cryptocurrencies and banks are rivals and you cannot change the fact that cryptocurrencies has high vilatility because the marketcap is too small so that these manipulators can easily manipulate these coins.

[mjostani2002]

The plans and focus of the project look solid. I think the white paper will deliver solid returns

[Nagricoin]

Good idea. But what sense in decentralized cryptocurrency - if we create central bank?