Topic: [ANN] Vitalik Buterin's Search for a Stable Coin is Over! Introducing Emmetropia - page 6. (Read 2094 times)
December 21, 2017, 10:08:37 PM
wow nc project ... i want to support this
December 21, 2017, 10:01:07 PM
Happy to hold my 100 EMM
You suddenly talk has been holdingEMM 100 is just fill the form and wait a moment EMM directly in our wallet?
Nope. Distribution will be after ICO which is in January.
December 21, 2017, 09:15:45 PM
Happy to hold my 100 EMM
You suddenly talk has been holdingEMM 100 is just fill the form and wait a moment EMM directly in our wallet?
December 21, 2017, 07:34:16 PM
I might be having a dumb moment.
But you expect your coin to grow to 10$ and the possibly 100$
But surely that growth is the exact same problem that bitcoin has.
I switched BTC for EMMs... So how is it EMMs are different if you expect 10x growth?
Your set up requires dollars to emphasize a loss. You'd need to pair your currency with the Dollar for this to work, you can only expect modest rises 5-20% increase every 5years, with fluctuations.
But you expect your coin to grow to 10$ and the possibly 100$
But surely that growth is the exact same problem that bitcoin has.
Quote
Emmetropia is a Waves-based token intended to be the ultimate storage of value.
By keeping the price steady, Emmetropia can reach that goal.
Imagine, you were selling 10,000 Altcoins for .0005 EMMs so that’s 5 EMMs.
At the current price of EMMs ($12,000) that’s $60,000.
And you were not able to go online for 12-24 hrs for some reasons.
The value of EMMs dipped to $9,500 and you didn’t know it.
Naturally, your $60,000 will drop to $47,500. You just lost $12,500 in just 24 hrs.
We can say that EMMs are behaving more like assets rather than currencies.
This is the problem that no Alt Coin can solve.
By keeping the price steady, Emmetropia can reach that goal.
Imagine, you were selling 10,000 Altcoins for .0005 EMMs so that’s 5 EMMs.
At the current price of EMMs ($12,000) that’s $60,000.
And you were not able to go online for 12-24 hrs for some reasons.
The value of EMMs dipped to $9,500 and you didn’t know it.
Naturally, your $60,000 will drop to $47,500. You just lost $12,500 in just 24 hrs.
We can say that EMMs are behaving more like assets rather than currencies.
This is the problem that no Alt Coin can solve.
I switched BTC for EMMs... So how is it EMMs are different if you expect 10x growth?
Your set up requires dollars to emphasize a loss. You'd need to pair your currency with the Dollar for this to work, you can only expect modest rises 5-20% increase every 5years, with fluctuations.
Yes, in the original thread, one of my replies was, EMM was not intended to be an asset, it was intended to be a currency.
Yes, we will let its value grow from time to time but then there will be no sudden movements like 600% or 1000% other altcoins are exhibiting.
I think in one of my earlier replies, I said that we will behave like an asset in the beginning until we reach the desired price before capping it.
Early investors can still earn via hoarding. Buy EMMs at a low price, wait for its price to surge plus the earnings from staking.
December 21, 2017, 07:25:49 PM
Can i use Waves Client for waves address sir ? 
Yes. Go to waveswallet.io or you can download the Desktop wallet.
December 21, 2017, 07:23:00 PM
I might be having a dumb moment.
But you expect your coin to grow to 10$ and the possibly 100$
But surely that growth is the exact same problem that bitcoin has.
I switched BTC for EMMs... So how is it EMMs are different if you expect 10x growth?
Your set up requires dollars to emphasize a loss. You'd need to pair your currency with the Dollar for this to work, you can only expect modest rises 5-20% increase every 5years, with fluctuations.
But you expect your coin to grow to 10$ and the possibly 100$
But surely that growth is the exact same problem that bitcoin has.
Quote
Emmetropia is a Waves-based token intended to be the ultimate storage of value.
By keeping the price steady, Emmetropia can reach that goal.
Imagine, you were selling 10,000 Altcoins for .0005 EMMs so that’s 5 EMMs.
At the current price of EMMs ($12,000) that’s $60,000.
And you were not able to go online for 12-24 hrs for some reasons.
The value of EMMs dipped to $9,500 and you didn’t know it.
Naturally, your $60,000 will drop to $47,500. You just lost $12,500 in just 24 hrs.
We can say that EMMs are behaving more like assets rather than currencies.
This is the problem that no Alt Coin can solve.
By keeping the price steady, Emmetropia can reach that goal.
Imagine, you were selling 10,000 Altcoins for .0005 EMMs so that’s 5 EMMs.
At the current price of EMMs ($12,000) that’s $60,000.
And you were not able to go online for 12-24 hrs for some reasons.
The value of EMMs dipped to $9,500 and you didn’t know it.
Naturally, your $60,000 will drop to $47,500. You just lost $12,500 in just 24 hrs.
We can say that EMMs are behaving more like assets rather than currencies.
This is the problem that no Alt Coin can solve.
I switched BTC for EMMs... So how is it EMMs are different if you expect 10x growth?
Your set up requires dollars to emphasize a loss. You'd need to pair your currency with the Dollar for this to work, you can only expect modest rises 5-20% increase every 5years, with fluctuations.
December 21, 2017, 07:07:26 PM
Can i use Waves Client for waves address sir ?
December 21, 2017, 06:16:13 PM
Great project I wish Emm will do great in future. Keep developing your coins.
December 21, 2017, 06:07:06 PM
You have a paradoxical and very interesting concept. stable crypto currency - it looks very unexpected, but at the same time it is extremely necessary, at first glance. but will not your ideas become the beginning of the end of the crypto era? further excessive formalization can emasculate the idea of freedom and turn coin into another kind of Fiat. I think about your ideas, I try to figure it out, until I realized that not all. good luck to the team 
Beginning of the end of the crypto era? I don't think so. Most coins were designed to be assets. While this coin is designed to be a currency. A currency but not in fiat form, rather in crypto form.
That's why I call it a REAL Cryptocurrency. The others, I call them Crypto-Assets.
December 21, 2017, 05:58:27 PM
I like Waves, I will like Waves tokens too.
December 21, 2017, 05:39:58 PM
You say 2m pre ico then after says 500k pre ico?
Target price 100$ or 10$, says 100 then says 10 under
can't be a top 10 crypto at 100. lets say 65m is available total then thats 6.5bn. Right now that's not top ten and this is from 55p to 100$??
Figures don't add up so far
Target price 100$ or 10$, says 100 then says 10 under
can't be a top 10 crypto at 100. lets say 65m is available total then thats 6.5bn. Right now that's not top ten and this is from 55p to 100$??
Figures don't add up so far
So sorry about that. Good thing you pointed it out.
Remember that this thread is a draft of our original thread that got deleted.
Target price is of course $10 before reaching $100.
And who says EMM or any other crypto cannot be on Top10 @ $100? Look at XRP.
Of course we know we won't be in Top10 immediately. But we know we will get there eventually.
By the time it happens, who knows what the price of EMM is? No one knows for sure.
And of course, details have changed. I will edit it now. Thank you.
December 21, 2017, 05:11:58 PM
You say 2m pre ico then after says 500k pre ico?
Target price 100$ or 10$, says 100 then says 10 under
can't be a top 10 crypto at 100. lets say 65m is available total then thats 6.5bn. Right now that's not top ten and this is from 55p to 100$??
Figures don't add up so far
Target price 100$ or 10$, says 100 then says 10 under
can't be a top 10 crypto at 100. lets say 65m is available total then thats 6.5bn. Right now that's not top ten and this is from 55p to 100$??
Figures don't add up so far
December 21, 2017, 05:00:33 PM
Whats the reason that your ANN thread got deleted in the first place?
As you said that there wont be a bounty program, I would suggest that you look for a bounty manager that can handle it for you.
A bounty program is very important to raise awareness for your coin. Just my opinion on it. Cheers!
As you said that there wont be a bounty program, I would suggest that you look for a bounty manager that can handle it for you.
A bounty program is very important to raise awareness for your coin. Just my opinion on it. Cheers!
We cannot afford to pay a bounty manager as of now. Unless he is willing to accept EMMs.
It got deleted cause one of the steps in our airdrop was to comment on the thread. Didn't know it was not allowed since I saw a lot of airdrops doing it.
December 21, 2017, 04:58:21 PM
Whats the reason that your ANN thread got deleted in the first place?
As you said that there wont be a bounty program, I would suggest that you look for a bounty manager that can handle it for you.
A bounty program is very important to raise awareness for your coin. Just my opinion on it. Cheers!
As you said that there wont be a bounty program, I would suggest that you look for a bounty manager that can handle it for you.
A bounty program is very important to raise awareness for your coin. Just my opinion on it. Cheers!
December 21, 2017, 04:30:35 PM
I am wondering what steps your team has put in place to be able to control the forces of demand and supply so that price of your token will always be stable.
The nature of EMM Coins will make it always in demand.
Stable. Untraceable. Scalable.
Of course, us alone, won't be enough to make it's price stable.
We need your help. When we say the price is X, don't sell below X.
More on this as we go along.
December 21, 2017, 04:27:10 PM
Hello,
Nice project but I do not know how this currency can keep the same value knowing that the money with which one will buy it undergoes a loss of value.
Nice project but I do not know how this currency can keep the same value knowing that the money with which one will buy it undergoes a loss of value.
December 21, 2017, 03:44:19 PM
I have joined this wonderful coin and will buy more token, i think this project looking awesome and will be successful .
December 21, 2017, 03:42:50 PM
This is one of the most interesting and detailed descriptions of the project that I have read. Definitely, I like your approach to business. I hope your mission will be successfully brought to life.
December 21, 2017, 03:23:37 PM
I think this solve the problem with the crypto assets. coz the price fluctuation must be stable to use as a currency. All the other crypto coins areused as assets at this moment as they have a greater appreciation which gives the investor a higher profit. but it is a negative characteristic as a currency. Emmetropia eliminate that basic problem and provide a stable crypto currency. i think 10% staking bonus is also attractive as most of the countries interest rate is kept below that level.
December 21, 2017, 02:55:26 PM
hope to see your Vision turn to reality, nice project
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