What are the chances of entering the cryptocurrency market with such a coin?

[RGBmarket]

Good day.

There is a desire and an algorithm for cryptocurrency, which has two advantages:
1. It rises in value when the cryptocurrency market falls.
2. Never falls in price.

The question arises: what obstacles and difficulties will such coins have?

What is your opinion?

[NeuroticFish]

2. Never falls in price.

Unless the market is manipulated, this cannot actually happen.

The question arises: what obstacles and difficulties will such coins have?

Unfortunately the main obstacle is that reality is harsher than the dreams.

[RGBmarket]

2. Never falls in price.

Unless the market is manipulated, this cannot actually happen.

The question arises: what obstacles and difficulties will such coins have?

Unfortunately the main obstacle is that reality is harsher than the dreams.

No manipulation or fraud.

Everything is open and transparent.

We are only interested in the opposition to such a coin.

[NeuroticFish]

No manipulation or fraud.

Sorry, I don't see then how it could never fall. It will always have its moments the price will fall against something.


If you can mathematically prove that this can work, if everything is transparent and decentralized, the only remaining open point is trust - you have to prove that the network is strong enough and you / your business model can work. It may take a lot of time...
Unfortunately I remain skeptic: I don't think that this is possible in real life.

[RGBmarket]

No manipulation or fraud.

Sorry, I don't see then how it could never fall. It will always have its moments the price will fall against something.


If you can mathematically prove that this can work, if everything is transparent and decentralized, the only remaining open point is trust - you have to prove that the network is strong enough and you / your business model can work. It may take a lot of time...
Unfortunately I remain skeptic: I don't think that this is possible in real life.

The decentralized model is expensive for translation. (The more expensive the coin, the higher the commission).
Centralized - minimal fees.

[NeuroticFish]

Centralized - minimal fees.

Centralized means that people have to take your word for it. It means that you have to prove that you own enough assets to back your coins and it means that there may always exist a doubt that you issue more coins than you declare, or do something odd behind the scenes. Centralization can too easily cover a scam and it won't be easy to get to the amount of trust you need to have such a coin successfully.

[RGBmarket]

Centralized - minimal fees.

Centralized means that people have to take your word for it. It means that you have to prove that you own enough assets to back your coins and it means that there may always exist a doubt that you issue more coins than you declare, or do something odd behind the scenes. Centralization can too easily cover a scam and it won't be easy to get to the amount of trust you need to have such a coin successfully.

We want to be open to everyone and be able to show the collateral of our coins on each of the exchanges. This is our strategy.

[Tytanowy Janusz]

prove that you own enough assets to back your coins

I guess we are talking here about Ponzi shame with sale restrictions. Simply example - if you bought at 10$ you are not allowed to sell lower than 15$. Such asset cant go down. It just can stop grow and left people will unsalable bags - effectively worth 0 but on chart worth xx$.

[NeuroticFish]

I guess we are talking here about Ponzi shame with sale restrictions. Simply example - if you bought at 10$ you are not allowed to sell lower than 15$. Such asset cant go down. It just can stop grow and left people will unsalable bags - effectively worth 0 but on chart worth xx$.

Owww... in this light it all makes more sense.
Well, a Ponzi is a scam, no matter how it's wrapped and how it's called. And I was expecting a proper legit business...
And yeah, such rules, while ensure the coin is (one paper) never falling, they also makes it just another scam.

[RGBmarket]

I guess we are talking here about Ponzi shame with sale restrictions. Simply example - if you bought at 10$ you are not allowed to sell lower than 15$. Such asset cant go down. It just can stop grow and left people will unsalable bags - effectively worth 0 but on chart worth xx$.

Owww... in this light it all makes more sense.
Well, a Ponzi is a scam, no matter how it's wrapped and how it's called. And I was expecting a proper legit business...
And yeah, such rules, while ensure the coin is (one paper) never falling, they also makes it just another scam.

Thank you for your responses.
We know what a Ponzi pyramid is ...
Our scheme has nothing to do with it.

There are no restrictions on the sale / purchase.

Question: we are interested in how much such a coin will be in demand and what difficulties we will have to face from government regulators.

[mk4]

That's literally impossible when taking into consideration the law of supply and demand. Unless you do something really bad like literally disabling the option for your coin holders to sell; in the end making the "never falls in price" factor useless, because you can't sell it whenever you want.

[stompix]

We know what a Ponzi pyramid is ...
Our scheme has nothing to do with it.

Really really bad choice of words, right?

A coin that only goes up is impossible to achieve in a free market! It can be done for a while if you manage to restrict selling and somehow pump enough money to buy back the sold coins but sooner or later it will become impossible to keep it at the same price as you will simply have to cough more and more to keep the prices high.

There was a way of trying to achieve something like that which involved decreasing the number of available coins by burning them, making the coins artificially scarce and thus driving the price higher but if your choice of burning is through fees it will make people no longer coin coins thus the usage will fall down to zero and so will the price or by burning coins from all address which from an individual point of view will negate the growth in price as you have less coins.

So no, no perpetuum mobile coin!

[semobo]

There is no such coin which never falls in value, and also no coin in the market which keep increases when the market falls unless it's manipulated by Elon Musk like characters.

As a trader you need to analyse a coin based on its fundamental and technical then pick the pairs.

[RGBmarket]

There is no such coin which never falls in value, and also no coin in the market which keep increases when the market falls unless it's manipulated by Elon Musk like characters.

As a trader you need to analyse a coin based on its fundamental and technical then pick the pairs.

There is an understanding of how to make such a currency without violating the rules of the crypto community.

[RGBmarket]

We know what a Ponzi pyramid is ...
Our scheme has nothing to do with it.

Really really bad choice of words, right?

A coin that only goes up is impossible to achieve in a free market! It can be done for a while if you manage to restrict selling and somehow pump enough money to buy back the sold coins but sooner or later it will become impossible to keep it at the same price as you will simply have to cough more and more to keep the prices high.

There was a way of trying to achieve something like that which involved decreasing the number of available coins by burning them, making the coins artificially scarce and thus driving the price higher but if your choice of burning is through fees it will make people no longer coin coins thus the usage will fall down to zero and so will the price or by burning coins from all address which from an individual point of view will negate the growth in price as you have less coins.

So no, no perpetuum mobile coin!

You're right. Burning coins is a bad decision.
We're not going to burn coins.

This is a fundamentally new type of coin.

[noorman0]

There is a desire and an algorithm for cryptocurrency, which has two advantages:
1. It rises in value when the cryptocurrency market falls.
2. Never falls in price.

There is no coin of this kind in this world unless it is manipulated or the price movement tends to flatten because no trading takes place. Even demand and supply always have a price difference that causes fluctuations.

The question arises: what obstacles and difficulties will such coins have?

Difficulty finding supporters and holders especially if you promise 2nd point.

[stompix]

Just out of pure curiosity, why building a new coin and not try to resurrect your old project?
And why try a new scheme before paying back the ones that have invested in your previous glorious failed project?
You didn't have enough money to keep your domain registration paid, so how do you plan on launching a coin?

Common, just drop the act, I've gone through your profile and I know where this is going:

https://bitcointalk.org/index.php?topic=5340072.msg57093371#msg57093371

Please tell me a sensible post on the forum about the procedure for creating a cryptocurrency step by step.
From the beginning of the idea to listing on stock exchanges.

So, you don't even know how to create a coin but you have found a way to create a magical one?

[Fesatmas]

1. It rises in value when the cryptocurrency market falls.
2. Never falls in price.

then where is the special point of cryptocurrency trading?
do you want it to be true and against the trading pattern?
If you think about profit satisfaction, then who doesn't want to? but that's not the concept of crypto trading. lol

[joniboini]

I think the government will also say that your project is basically a ponzi, regardless of how well you made your whitepaper is. The "never falls in price and only go up" give it away. Whatever algorithm you're using to achieve that, no one will believe that you're not running a ponzi. It's as if you're running a business and told your investor that your business will never be in deficit even if you don't sell anything.

[RGBmarket]

Just out of pure curiosity, why building a new coin and not try to resurrect your old project?
And why try a new scheme before paying back the ones that have invested in your previous glorious failed project?
You didn't have enough money to keep your domain registration paid, so how do you plan on launching a coin?

Common, just drop the act, I've gone through your profile and I know where this is going:

https://bitcointalk.org/index.php?topic=5340072.msg57093371#msg57093371

Please tell me a sensible post on the forum about the procedure for creating a cryptocurrency step by step.
From the beginning of the idea to listing on stock exchanges.

So, you don't even know how to create a coin but you have found a way to create a magical one?

You are right on a number of points.
Blockchain is not the kind of knowledge you can get in school. And the first project is our research. It's too hard to implement. We are not working on this.

My questions on this project relate to the technical and software part. I'm not a programmer, but I have to understand how realistic it is to do what I want.