Stable coin is still not a fiat. I do not think that they are able to delay a large flow of people who want to protect themselves from losses in the crypto currency.
Given the uncertainty with Tether, people will sell it in case of a big panic. I hope that Bonum will be able to create a stable coin that can be trusted in any development of events. 
Topic: [ANN][PREICO] 🚀 🅱onum - Global backed loans and deposits on blockchain 🚀 - page 24. (Read 14338 times)
February 08, 2018, 11:09:13 AM
February 08, 2018, 10:43:49 AM
The only directions that will not be symmetric are the ETH <-> altcoins and bitcoin <-> altcoins. This we have seen many times, when problems arise people go into the most reliable assets.
Many more people in such a development of events can transfer their capital to a stable of coins like the USDT. February 08, 2018, 10:25:08 AM
And what size of the excess collateral do you think will secure the borrower from the big volatility in the market?
With a fall of 80 percent, a five-fold redundancy is required. I think redundancy can be reduced to threefold, since a drop of 80% is almost unrealistic. February 08, 2018, 09:59:26 AM
But an automatic order can be issued even for purchase. In general, if some asset is sold, then we can say that some are bought. I do not think that this system will affect the market negatively.
Yes, if there is no calculating fiat (which always spoils everything) the transaction completely mirrored. February 08, 2018, 06:52:31 AM
I was also surprised. It turns out that to earn millions, someone will spend billions.
We will consider this option impossible. It's unlikely that anyone who has the resources to manage the multibillion-dollar market will deal with petty matters. February 08, 2018, 06:48:00 AM
With a fall of 80 percent, a five-fold redundancy is required. I think redundancy can be reduced to threefold, since a drop of 80% is almost unrealistic.
To get $ 20 I will have to deposit 100;? Is this too much? 
February 07, 2018, 03:12:46 PM
I like the healthy discussion and I feel everyone is making good and important points. Even the 30% discount number you throw in could fail to deliver the desired results. The liquidity in crypto markets is sometimes so thin that it's hard to see any system working reliably in the very near future. HOWEVER: that doesn't mean nobody should give it a try and I like what you are trying to do. As someone here said before, you have to strike the equilibrium between someone willing to provide massive collateral for a tiny loan and the financial security / sustainability of your system as a whole. That's a very difficult task to perform in markets with low liquidity.
Another interesting question is the size of the collateral in the constantly falling market - what we have now. I do not think that the closure of the transaction due to the sale of collateral through (suppose) 10 days from taking a loan will suit at least someone in this business.As long as they approach this project slowly and carefully there might be a good chance they can make it. Learn from the data they collect on a daily basis with high volume cryptos and adjust their procedures accordingly. I would love to see them succeed.
February 07, 2018, 12:50:50 PM
Quote
Q2 2018
ICO, Integration of our own blockchain
To create your own blockchain will be going to create a separate team, or the project uses its own forces?ICO, Integration of our own blockchain
February 07, 2018, 11:51:55 AM
Do you think that there are people who, in order to pick up somebody's mortgages, can bring down the whole market? Sounds unbelievable and illogical.
I was also surprised. It turns out that to earn millions, someone will spend billions. February 07, 2018, 11:31:49 AM
It depends on which asset is pledged. If high-volatility, then there are few options. If low-volatility it is possible to monitor the situation and if necessary make additional collateral.
You can immediately deposit excess collateral if there is such an opportunity. This is a bit not logical, but if you wait for the growth of the asset that you give as a security, then this is the right decision. February 07, 2018, 10:56:43 AM
The only directions that will not be symmetric are the ETH <-> altcoins and bitcoin <-> altcoins. This we have seen many times, when problems arise people go into the most reliable assets.
Many more people in such a development of events can transfer their capital to a stable of coins like the USDT. February 07, 2018, 08:14:51 AM
But an automatic order can be issued even for purchase. In general, if some asset is sold, then we can say that some are bought. I do not think that this system will affect the market negatively.
Yes, if there is no calculating fiat (which always spoils everything) the transaction completely mirrored. February 07, 2018, 07:42:46 AM
You can immediately deposit excess collateral if there is such an opportunity. This is a bit not logical, but if you wait for the growth of the asset that you give as a security, then this is the right decision.
This is an interesting point that CanvinGale brought up: what happens if their is a flash crash in a market that involves one of my loans? Does it simply get wiped out? Wouldn't that open the doors to massive manipulation?
February 07, 2018, 06:53:09 AM
But an automatic order can be issued even for purchase. In general, if some asset is sold, then we can say that some are bought. I do not think that this system will affect the market negatively.
Yes, if there is no calculating fiat (which always spoils everything) the transaction completely mirrored. February 07, 2018, 06:28:05 AM
It depends on which asset is pledged. If high-volatility, then there are few options. If low-volatility it is possible to monitor the situation and if necessary make additional collateral.
You can immediately deposit excess collateral if there is such an opportunity. This is a bit not logical, but if you wait for the growth of the asset that you give as a security, then this is the right decision. February 07, 2018, 06:09:09 AM
Quote
Q2 2018
ICO, Integration of our own blockchain
To create your own blockchain will be going to create a separate team, or the project uses its own forces?ICO, Integration of our own blockchain
February 06, 2018, 03:37:38 PM
Quote
Q2 2018
ICO, Integration of our own blockchain
To create your own blockchain will be going to create a separate team, or the project uses its own forces? ICO, Integration of our own blockchain
February 06, 2018, 02:10:28 PM
You can immediately deposit excess collateral if there is such an opportunity. This is a bit not logical, but if you wait for the growth of the asset that you give as a security, then this is the right decision.
This is an interesting point that CanvinGale brought up: what happens if their is a flash crash in a market that involves one of my loans? Does it simply get wiped out? Wouldn't that open the doors to massive manipulation?
February 06, 2018, 11:53:12 AM
Now the market is falling day by day. Therefore, I was interested in this question: with what speed I should (as a borrower) provide additional security for the loan so that my pledge was not sold?
You have to make it before the price of your deposit is less than the price of the loan that you took. I can not imagine how difficult it is to implement it technically.This is an interesting point that CanvinGale brought up: what happens if their is a flash crash in a market that involves one of my loans? Does it simply get wiped out? Wouldn't that open the doors to massive manipulation?
February 06, 2018, 10:55:17 AM
Now the market is falling day by day. Therefore, I was interested in this question: with what speed I should (as a borrower) provide additional security for the loan so that my pledge was not sold?
You have to make it before the price of your deposit is less than the price of the loan that you took. I can not imagine how difficult it is to implement it technically.Jump to: