to the noobs here that need help
what is stable crytpo coin???
the only real crypto coin is work on very simple code that do the next things to keep stable price
1. when there is low buy for a coin which mean almost no body buy the coin, the code reduce supply(less coins) automatically to keep stable price.
2. when there is huge buy for a coin which mean alot of people buy the coins, the code produce more coins automatically to keep stable price.
this is the only real stable crypto coin backed by it self code...and not backed by usd or backed by crypto which is the same scam....
to all noob foxs out there want to know what is stable crypto coin and dont find answer in all this dumb ass fourm....
now code like this keep the price stable relative to supply and demand for stable crypto coin...but the code will kill the price if there is virality and the price will never grow and this is why smart people stay away from this type of project because all the beauty in crypto they can grow to high numbers relative to supply dont forget noob,,,is supply is in the billions coins its dead project for now and for long time...
someone on reddit was saying i so sorry i didnt listen to smart people and stay away from xrp and other huge supply projects,,,,becuase other low supply coins grew very nice ....this kind of noob was in a simple trap like supply dont affect price and market cap is what important and other shit...but he learn after few years...damn he almost cry on reddit...
so the only real stable crypto coin is coin that the code produce and reduce the supply of coins relative to the buy and sell of the coin to keep stable price,,,and not backed by any usd or crypto but backed by smart code which know what to do relative to supply and demand...
now there out scams like crypto stable coin backed by usd or other crypto lets go understand this scam,,,
1. real stable crypto coin = code that produce and reduce supply coins relative to buy and sell of this coin ...this is what is stable crypto coin backed by it self code.
first noobs need to understand what is stable crypto coin a real one ...what is the defenition then they can fugure out scams and traps in the web
crytpo stable coin backed by usd?
but real stable crypto coin is backed by it self code backed by it self so what is mean backed by stable usd or sbale usd crypto coin and other shit words with no meaning....
when crytpo is backed by usd this is not crypto peer to peer real coin....because as we know most of the paper money dont worth shit while the price in supermarkets and other things and paper money slowly lose value.....so what is mean its backed by usd....? the usd it self not stable and almost crashed the euro because the usd is backed by 20 trillion debt and growing....
to see it in different way lets say crypto backed by greece money paper, but we all know what happened to greece with their money paper and the only one that survive the crash was one that was working with real crypto coins...
if some one here is say this is bullshit pls someone here send this to smart people in oxford or mit and see the answer for yourself...not only this someof the people here that support stable coins backed by usd and other scams like facebook after so much years in this industry its fucking scary they even do no what is real crypto stable coin peer to peer backed by it self coin which reduce or produce supply relative to buy and sell for the coin...
but the one that support this scams its because they inside this scams and dont understand nothing about crypto but hey if this people come to reddit
to say what they say it wil be fucking comedy.....