Bitcoin Forum
June 21, 2024, 08:26:49 AM
Welcome,
Guest
. Please
login
or
register
.
News
:
Voting for pizza day contest
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Alternate cryptocurrencies
>
Altcoin Discussion
>
Why can't someone make a gold or other metal backed coin?
Pages: [
1
]
« previous topic
next topic »
Print
Author
Topic: Why can't someone make a gold or other metal backed coin? (Read 426 times)
nextgencoin
(OP)
Legendary
Offline
Activity: 1106
Merit: 1000
Why can't someone make a gold or other metal backed coin?
April 29, 2014, 07:06:09 PM
#1
Crypto really needs backing from a real world standard of value like a precious metal etc. Why has no one done this yet?
it's seems the holy grail of crypto. A currency beyond manipulation that holds value in a stable and tangible way. Wouldn't all it take a gold storage facility guaranteeing a certain amount of bitcoin for Gold?
hilariousandco
Global Moderator
Legendary
Offline
Activity: 3850
Merit: 2646
Join the world-leading crypto sportsbook NOW!
Re: Why can't someone make a gold or other metal backed coin?
April 29, 2014, 07:09:30 PM
#2
Somebody actually already tried a gold-backed coin. Seems there's a couple actually:
https://www.gldtalk.org/index.php?topic=2179.0
http://www.libertariannews.org/2014/01/17/a-gold-backed-cryptocurrency-not-so-fast/
http://forum.qrk.cc/thread/1996/announcement-gbc-gold-backed-coin
▄▄███████▄
███████▄▄▄
█████████████
▀▀▀▀▀▀████▄▄
███████████████
▀▀███▄
███████████████
▀███
█████████████
███
██
█████████▀▀
███
███ ███
███ ███
███ ███
███▄ ▄███
▀███▄▄ ▄▄███▀
▀▀████▄▄▄▄▄▄▄▄▄████▀▀
▀▀▀███████▀▀▀
.
Sportsbet
.
io
.
F U N
|
F A S T
|
F A I R
░░░███
█▄▄▄▄
▌
░▄▄░
▄▄
█████
▌
██▄▀
█████
▄▄
█
██▄
████
▌▐█▌
█████
▄██
█
██
██▀▄▄▄▌███░▄▄▄▀██
██
██
███
█▄▄▄█▄▄▄█
███
██
█░██
████
█
█░▐█▌░█
█
████
██░█
█
▀▀
█
██▀░█
█
█░▐█▌░█
█
█░▀██
█
▀▀
█
▄▄▄░
█▀
░█░
█
██░▐█▌░██
█
░█░
▀█
░▄▄▄
█
██▀░░
▀
▀
░░
▀█
█░▐█▌░█
█▀
░░
▀
▀
░░▀██
█
▀██
███
██▄
███
▀▀█
█
█▀▀
███
▄██
███
██▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█ █
▀█▀
▄
▄
▄█ ██ █▄
▄
▄
▄
▄
█ ▄
▀
█ █
▀█▄▄█▀
█ █
▀
▄ █
▄
▄
▀▄
█ █
███▄
█
▄▄
█
▄███
█ █
▄▀
▀▀ █
▄▄▄▄
█ ▀▀
█
██████
█
█ ▀▀ █
█
▀▄▀▄▀▄▀▄▀▄▀▄
█
▄ █
█████▀▀█████
█ ▄
▄████
████
██
████
████▄
▀▀██████
█▄▄█
██████▀▀
▀▀▀████████▀▀▀
█████████████
LEADING CRYPTO SPORTSBOOK & CASINO
█████████████
MULTI
CURRENCY
│
1500+
CASINO GAMES
│
CRYPTO EXCLUSIVE
CLUBHOUSE
│
FAST & SECURE
PAYMENTS
.
..
PLAY NOW!
..
cryptowho
Full Member
Offline
Activity: 182
Merit: 100
Ask me about Karmacoin
Re: Why can't someone make a gold or other metal backed coin?
April 29, 2014, 07:09:43 PM
#3
because any good coin are already out.
anything else is to scam new FOMO investors. Why bother going all the way out for something that doesn't need it
looking for C++ coders , web-dev and coin-devs to join karmacoin team. We are trying to expand. we have so many goals. Challenge accepted? PM me.
pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
⇾
Re: Why can't someone make a gold or other metal backed coin?
April 29, 2014, 08:05:03 PM
#4
Why would that be a good thing?
Decentralization is a major point in favor of crypto-currencies.
Win Free Bitcoins every hour! -
www.freebitco.in
voluntarist500
Member
Offline
Activity: 112
Merit: 10
Re: Why can't someone make a gold or other metal backed coin?
May 01, 2014, 02:18:00 PM
Last edit: May 01, 2014, 02:30:54 PM by voluntarist500
#5
unobtanium might do something like that soon. Just rumours though at this point but not unlikely to happen. Also garantcoin (if i remember the name right) was offering like that.
Goldbacking can also be done kind of decentral with exchanges or community that actively trades metal for crypto. Those things will happen. Keep an eye on uno.
altcoin with very low inflation, active community, no premine, fair distro and secure network: exactly what you want to invest in? Support Unobtanium
Pages: [
1
]
Print
Bitcoin Forum
>
Alternate cryptocurrencies
>
Altcoin Discussion
>
Why can't someone make a gold or other metal backed coin?
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...