Topic: [ANN][STAB] STABLE - ICO is over - Controlled Price Increases - page 9. (Read 34560 times)

ICO + self moderated? ;x

now, I wish you the very best... fair enough article, nice and short...

...that 'reserve' thing and especially

providing, promoting & maintaining a multipool are an important step to keep that thing at least running
(that'd mean, being ahead of min. 85% of the other altcoins after, say a year ^^)

how stable it will turn out to be will largely depend on demand. and I mean that sort of demand,
coins like bitcoin or darkcoin are creating in their user environment. and undoubtfully, there are already
users... only hitting a market and beeing shifted around is like juggling futures... and some of these commodities
even don't exist (yet, are well hedged) ^^ ...just 1 rule: play at will. you leave late, you pay the bill.

stability only comes with demand.

- multipool (good 1st step!)
- merchant gateway
- stable and agile network (singleboard nodes/wallets will be a major boost for p2p in near future. target on that)
- simple to use features with some real or even outstanding value (esp. for target users in some niche).
- supported with hardware! hardware (even if optional) provides something you can actually touch! game changer.

...but foremost important still is only one thing, are people'* willing and able to use it as if it's -> money?!
('*people != believers and nerds, digital banksters, prospectors, profit hunters, the daft and the curious)

those few cryptocurrencies currently 'in use' - and even if it only happens within a local reach or the targeted
busines sector... those few altcoins are used to actually create 'real world' transactions. 'value' in exchange for
service, commodities, or other value-keeping items that suffice in trust and certain other requirements.


if cryptocurrency can provide features similar to fiat, chance are good that the global perspective on fiat money
and centralized banking will change one day not too far in the future. and once it's around, it might even happen
pretty fast.

yet, presumably that day is still far from being considered 'around the corner'...

if you want to put some serious work into that coin, go for technology with a future.
- smart contracts (ethereum, codius, halo...!hot)
- coin mixing, ofbfuscating
- multisig wallets (security, lightweight escrow...)
- use technology where p2p excells... name- peer- gridcoin, whatever... just imagine: decentralised,
  transactional, turing complete, high secure, autonomous working, anonymous... everything.
- use hardware! singleboard- and wearable-size pcs (cold or hot wallets, coind nodes, p2p cloud whatever, etc.)

consider the community regarding a coin as experiment, sort of game, marketing trick,
or 'not a joke anymore' (spelled: scam) if not one of the above (or somethin comparabel)
at least is transparent to be a central objective. and I'm speaking of community (men with
 a mission  ) ...not the remaining ~95% mainstream branch of society. again, they
are tremdously amazed by those little hardware gadgets

however, all the (sta)b(l)est




-----
this book has been written in front of a live audience
 

First article about STABLE is here! http://coin-network.com/stablecoin-c-cex-ico-ending-on-december-15/

is it just me, or is it just happening notably more frequent the recent time... every other
new clonecoin's best showcase only seems to consists of presenting:

- flawful or sloppy research the likes of: the proposed and promoted names or isomark
  already being taken, used, some even popular?  or...
- telling that tacky story of uniting those ultimate features of some other coins for the
  first time in history, to provide you with the glory of that new, highly anticipated currency?   while...
- eventually just taking over some known name, pre- or postfixing it with some fancy
  'dark', 'lite', 'shadow', 'tor', 'black', block', 'bits', 'u name it', and use this to get a free
  attention ride? ...plus maybe some irritaded accidential buyers who bought some coins
  in a trigger happy mood when they thought, they'd get that arbitrage of their life
  (which is their very own damn fault, btw. )

I'm just wondering, why so much of the proposed work is either not ready, or not even
considered to become assigned to someone (before launch!)
...and on the other hand there's not the slightest sign of beeing concerned about
powerlaunching hat coin anyway whithout having something like an infrastructure,
or plans (apart from some mysterious phantasy drivel) how to get the next steps
done... but however, hype shouted for mining til the gas goes through the floor...

I don't want to say that all aspects show up equaly in any case. * it's just again that
level of unpreparedness I can see here... but that's an ever faster emerging pattern
all around... looks like too many folks still are getting away with just throwing
together some necessary minimum and somewhat sweettalk the community with
another perky story, completely obfuscating that theres lack of ideas, clues, and
experience in the first place. which is - even regarding the whole scam - still fairly
easy... fair enough.
from from time to time that feels like walking over a bazaar. some hyper hyper
boosted launch momentum, sometimes with diff beyond all reason, so most are
focused on that, this there's not much time and attention to ponder about, that some
features which actually even could help making such coin useful to an extent (in
the real world, I mean in the strange place outside the network ). those points
are often dealt with in a slightly shy or secretive manner, or rather ignored as if
there were no tomorrow...

I'd even go so far to say, the lions share might as well being pronounced:
ponzi mining venture, coin lottery, chineese dangle, musical chairs...

yet, that was more like some 'cardinal rant'... it was just that all so popular:
'mmkay, there's already stable u say? that went somehow aroundd me...'
that got me started 


...however, I have already created some blocks myself when I noticed, that diff was faaairly low...

hehe, we'll see if the coin lives up to his name eventually... what was it now?

STABLE, STABLES, or STAPLES**...  

-----
  * so, the whole yadda yadda is not against that stable coin, more like a general
    observation, that draws my attention all too frequent...
** that'd be actually not the worst name if not already taken

Bought some, lets see where this will take us.

The worst thing in crypto is mixing an ICO with a POW phase only if the POW phase is ridiculously high (which happened with the king ico)

This POW phase will in my opinion provide an even better value to the coin since it barely represent 10% and can easily be contained.

The thing with this coin is that it has a really low initial market cap. The price bumps or "value increases" as the dev calls will be really easy to do. I can see this going 3x on the first price bump and even after that it would have a really low market cap.

This is correct, only 200k coins (9% of the total supply) will be available through PoW.

There will not be to many coins from POW only 200k coins. It'd be good if all of coins were sold.

We won't have a lot of miner selling pression, since mined coins only account for 9% of the total supply.
But to answer your question about prevent prices from going down:

That's our main goal since the beginning and we have defined a strategy to do it. It will be STABLEFUND's main goal to keep the value steady and do all the value increases.
If you are interested you can read more about it in the whitepaper Russell wrote.

will you put any of the ico btc to protect ico price, if you look at the other ico on ccex ico was at 7500 it went down to 3500 now due to all the miners dumping, what is your strategy to prevent this happening on stable

Hum. Good idea! I'll gonna change it now and ask the dev to change it in the next wallet update. Will also contact c-cex about it

PS: Only 3 more days until STABLE's ICO ends! https://c-cex.com/?p=stb-btc

Maybe you should change the shortcut on STAB. Even if you write "ann stable coin" in google it's difficult to find your coin

We are aware of that. That's why we've been pushing the name STABLE instead of "StableCoin".
With that being said I can tell you that we will do everything we can to distance ourself from "StableCoin".

And one more thing. There's other stablecoin (STB). Don't you think, that ppl can be confused

If the ICO doesn't sell out the total amount of coins will be reduced. That won't harm investors /miners though. Their coins will become rarer.

So total amount of coins is not certain yet?

Will be destroyed by c-cex.

What about unsold coins?

A little bird told us that we might see the media taking over STABLE  as soon as today! Stay tuned.