Could a coin price be locked in place?

[Yudhisthir]

The value for anything is always determined by the market.
Stable coins are stable because they have a equal number of currency stored as a escrow that can be changed in and out to maintain the price of the token.
There are concept of rise only markets, all of which have ended in scams.

[airdropan]

no one can lock the price though, it all happend naturally, depend on market exchange only
no one or no exchange can handle the price of coin/token

[mrdeposit]

I think that it is almost impossible to fix the price of a coin on the spot under the conditions of very high market volatility.
The ups and downs of the cryptocurrency market greatly affect prices, as well as demand from participants.

All tradable assets in the world are not stable. Tether or other fixed coins are only assets that are useful to store your money constant. Where there is demand and supply, constancy is impossible.

[monineklutak]

I think it will never be possible because besides the stable coins, the price of the coin will continue to change depending on various aspects such as market conditions, market demand and also the total supply of coins, therefore bitcoin will never have a fixed price but precisely because of that is, traders can take profit from the price changes that occur

[didzi]

I'm not talking about these supposed stablecoins like Tether, but normal coins.  Let's say an agreement was made among all the major Bitcoin exchanges.  Starting January 1, a Bitcoin is worth $5000 USD, plain and simple, and that's it.  The price never goes higher or lower.  A Bitcoin is $5000 today, tomorrow, next week, next month, etc.  NOTHING changes it.  Not a war, not the economy, not Trump getting re-elected (which he will, he's doing a great job), nothing.

I wonder if that could be done and what the effect would be. 

One effect is that I wouldn't be buying BTC, because with no price volatility, how could I ever make a profit?  But one good thing is that normal companies may be more inclined to use Bitcoin, since its price is now fixed and does not change.

thats sound imposible for me,,
because many people buying and selling bitcoin and others cryptocurrencies my friend and of course that will affected the price of crypto especially bitcoin
as we can see now,, bitcoin price growing hard and i believe soon will touch 5K USD my friend  

[Andrey13101991]

no one can lock the price though, it all happend naturally, depend on market exchange only
no one or no exchange can handle the price of coin/token

The exchange can manipulate the price if it wants. but I think it will be very easy to track and then everyone will stop trusting this exchange.

[whaawh]

no one can lock the price though, it all happend naturally, depend on market exchange only
no one or no exchange can handle the price of coin/token

The exchange can manipulate the price if it wants. but I think it will be very easy to track and then everyone will stop trusting this exchange.

actually never been a fixed price for cryptocurrency. We want if we consider certain projects, which in fact exist and their coin has a certain price, but they do not swear anywhere. An example is the Galaxy company with the GES coin.

[Okity21]

In the conditions of the beginning of the stability of the cryptocurrency market, the prices for coins will be kept without sharp jumps.
After the rise in the market begins, prices will soar up and many players who have invested in coins will get a good profit.

[karankamaze]

I think that it is almost impossible to fix the price of a coin on the spot under the conditions of very high market volatility.
The ups and downs of the cryptocurrency market greatly affect prices, as well as demand from participants.

the price will only go up or down, that is what will happen because even the USDT which is a stable coin also increases and decreases so it is not possible to lock the price.

[juragane]

the market runs in general based on supply and demand, even stable coins will not be able to be truly stable, if indeed there is a project, they also need a volume of supporting prices, or they will not be of any value. In economic principles, this applies to attracting markets which are always the starting point for determining prices.

[Denton]

I think that this cant be, because the price will always change. There are many large investors who can influence the price at any time. However, in the future, perhaps bitcoin will be more stable, but it is too early to talk about it.

[coinbirds]

Locking the price of the coin is not an option as that would be a centralized solution and crypto is not about it.
I am supporting the decentralized solutions for the stable coins as well like DAI.

[WAYToken]

stable coins are "pseudo" crypto but they allow you to earn more consistently over the long haul

[jaywizzy]

This will defeat the the purposes of reasons why people invest in cryptocurrency because nothing will be like making profit again and most of the exchange will runs out of business .

[UNOE]

I don't think that coin price should be locked in place, but it could be locked in place just like USDT or other stablecoins, but this is not interesting to invest in. These coins have purpose to save your wallet value in USD for short term, but holding them for long term doesn't have any purpose.

[bitgolden]

I don't like it and I think all traders and investors will not like this idea, it's an open market we do not want manipulation and control, it's all about the principle of buying low and selling high, it's never been done before and I don't think it's going to happen soon.

It will absolutely even be impossible, the technology was created to provide an anonymous transactions, so if they introduce that, then it automatically turns it to the same way our traditional market works which makes no sense to have a duplicate system, it would have also been better then in that case for traditional banks to incorporate blockchain technology while they still have control over it, although if it was done the way OP suggested, it would make the objective of blockchain tech as a payment system quickly come to pass, unlike what everyone of us is using them for now.

[siorapokk]

You cannot simply lock a coin price, because we have a free market here and there are tons of factors that are influencing this price. It would be pretty awkward to lock the price now, because we are just launching the rocket.

[Adriano2010]

Is not simple to lock it and get a stable price for a long time, exchange can't set it and be a stable price because who hold bitcoin and who buy will not sell or buy for a fixed price.

[UmerIdrees]

I think that it is almost impossible to fix the price of a coin on the spot under the conditions of very high market volatility.
The ups and downs of the cryptocurrency market greatly affect prices, as well as demand from participants.

No one can control the coin price nor anyone can suppress it. Bitcoins and crypto currencies are decentralized and no one have control over them.

If you want to pump a coin, you need to bring volume into it. Demand and supply play a major role in bitcoin and price movements.

[chocopapaya]

Um, that would absolutely destroy the crypto economy.

You are talking about Trump, so I am assuming you are American?
Then how can you not know how a free market works?
There is only growth when there is a free reign of valuation, speculation, supply, demand, and the exchange of goods.
The moment you try to fixate it on something, the entire machine comes to a grinding halt.

Also, fixing a price to BTC would go entirely against what btc is all about in the first place.
Blockchain was invented to allow direct p2p transactions.
We control it, distribute it, trade it, valuate it, without interference from middle men or centralized organizations.

The price of BTC today has nothing to do with what exchanges think it should be.
And everything what are general market is willing to buy and sell it for.

If you don't understand these very fundamental basics, I suggest you research more about market economics and blockchain technology.