Author

Topic: Theory of crypto stability now and the future (Read 117 times)

jr. member
Activity: 140
Merit: 2
February 19, 2018, 06:24:46 PM
#14
Wow - I think I could write forever on this topic. Don’t crush my thoughts - they are a little crazy at first glance…So let me start by saying I think the world debt is out of control and that the world is in a constant financial war. For the U.S. alone I have been watching the following site http://www.usdebtclock.org/2 (this is very scary if you really analyze these numbers, look at the money creation section). My current thoughts, and they change often, are the following (for U.S. only):

Debt is out of control especially when interest is applied and compared to wage growth
Dollars are not backed by gold, silver, etc…but are backed by U.S. GDP (to some degree)
The next bail-out will be in the form of hyper-inflation across all segments - thereby reducing overall debt value for every U.S. dollar debt holder
This might trigger WWIII - due to all the U.S. debt held by other countries…i.e. China
In the time of the next big war - I think people will flock to BTC as a safe haven, much like gold and silver, etc…

The best part about this is that no Gov can track or steal your BTC if stored correctly (at least I hope)

But my question is, if WWIII happens, how can BTC or any cryptocurrency maintain its high value? As I understand it, btc price is based on trade: supply and demand. I don't think it's going to be an effective safe haven to store people's wealth.
newbie
Activity: 168
Merit: 0
greed...greed...you can't kill it.
newbie
Activity: 182
Merit: 0
The future of currency is thru crypto. Every day a new crypto-currency is created (or multiple of them) and there could be no stop to it.

Governments and agencies would not be able to cope-up and regulate them one by one. It is truly decentralized and it will perpetuate through generations to come.

One solution for regulation is to build a control within itself to make it self-regulated as innate as possible.

It is not that hard for government to put a full stop to this. They just need to pass a law and make it a criminal offence for people dealing in crypto in their country. However, I hope that governments are logical enough to understand the potential and importance of crypto.

Yeah there is simply too much money to be made for them to kill it completely.

If anything, they'd regulate it to hell so they could get a piece of the pie.
newbie
Activity: 168
Merit: 0
what crypto idea is to move away from external regulation like govt/agency or alike. Otherwise there will no difference with fiat.

Bitcoin is the biggest pump and dumb so far we have seen. While Bitcoin has a noble idea, this has gone to casino for speculator to get massive profit. This will not stop becasue greed is innate in us.

What crypto needs is a regulation or check within itself. this attribute must be intrinsic. This might not fully stop the volatility (because of greed) but it must curtail it to some degree of tolerance.

This is where RAR theory of stability comes in. A  simple implementation of three-token-system that can ascertain the value price of the other tokens based of ratio value.

Note that these are three tokens that are unique but they work as one. 


newbie
Activity: 168
Merit: 0
Bolt Brownie,
Cryptos are high volatile. Like Bitcoin was half the price from December high. This scenario is only for specualtive investiment with high return (or loss if wrong).
With this characteristic, we would not use crypto as normal payment currency.

RAR tokens theory of stability is a simple solution to bring some control with check and balance built-in within crypto to become stable use for daily payment as currency.

Without stability, it will be a casino for crypto and no other purpose.
newbie
Activity: 168
Merit: 0
February 19, 2018, 02:42:28 PM
#9
self regulation here means also facilitate the capability of being autonomous in
determining the ideal price of a given token providing the reference from the other
tokens. This will also lead to another innate factor of self-correction that ascertains price
movement if it is outside the tolerable limit

Please read the manifesto from the website to understand
sr. member
Activity: 700
Merit: 350
Betting Championship betking.io/sports-leaderboard
February 19, 2018, 02:37:33 PM
#8
I still haven't went to the website, but I will do it for sure, but since you are talking about regulation I must say that I'm not really worried about the scenario you presented. There is nothing wrong with multiple cryptocurrencies showing up every day, and yes it's not possible to regulate all of them, but it's possible to insert them in certain classes or categories. It's also easy to create some sort of requirements to be able to create and present a new ICO, and this alone would eliminate a lot of scams from the crypto space.

Even if this doesn't happen, crypto will eventually self regulate, and people will get more picky on where they will invest in the future.
sr. member
Activity: 1512
Merit: 326
February 19, 2018, 02:30:26 PM
#7

My personal opinion depends on what token or coin you get.
if you think the token will be bigger better save it. but if you think this coin will only be briefly and will be lost by similar kind of start up you better sell it.
and also if you need better money just sell the token.
newbie
Activity: 168
Merit: 0
February 19, 2018, 02:21:41 PM
#6
One of the characteristics of RAR tokens theory of stability is self-regulation. To understand how this can be accomplished explain below:

The important is the value ratio, for example in the barter system without money, an orange will be exchange for two apples. and vice versa. This exchange ratio will always be  constant in all communities.

When money/price is introduced, the price will be pegged proportional to their ratio. If apple is price at 1 USD  then the equivalent price for orange will 2 USD. What ever price dictates (up or down)  it should confirm to the ratio.

If someone go to the other market and their are selling orange for 3 USD. He knows immediately that is not correct price because apple is worth 1 USD only and will advise the seller that he has wrong proce. This is a self regulation based on value ratio.

RAR tokens theory of stability mimics this scenario using two principles of 'EOS' and 'UOP'. Please read the white paper manifesto link for details at www.rartokens.com
newbie
Activity: 168
Merit: 0
February 18, 2018, 03:35:25 AM
#5
I beg to disagree that the govt could just put a law and the fire of crypto will die. It will just move to another place or country to another.

A met teenagers that are well verse in Phython programming. They could just fork any  coin code from github and make new one.

Will Govt  witchhunt these teenagers and put to jail?
newbie
Activity: 41
Merit: 0
February 18, 2018, 02:13:27 AM
#4
Wow - I think I could write forever on this topic. Don’t crush my thoughts - they are a little crazy at first glance…So let me start by saying I think the world debt is out of control and that the world is in a constant financial war. For the U.S. alone I have been watching the following site http://www.usdebtclock.org/2 (this is very scary if you really analyze these numbers, look at the money creation section). My current thoughts, and they change often, are the following (for U.S. only):

Debt is out of control especially when interest is applied and compared to wage growth
Dollars are not backed by gold, silver, etc…but are backed by U.S. GDP (to some degree)
The next bail-out will be in the form of hyper-inflation across all segments - thereby reducing overall debt value for every U.S. dollar debt holder
This might trigger WWIII - due to all the U.S. debt held by other countries…i.e. China
In the time of the next big war - I think people will flock to BTC as a safe haven, much like gold and silver, etc…

The best part about this is that no Gov can track or steal your BTC if stored correctly (at least I hope)
legendary
Activity: 1946
Merit: 1137
February 18, 2018, 02:13:07 AM
#3
The future of currency is thru crypto. Every day a new crypto-currency is created (or multiple of them) and there could be no stop to it.

Governments and agencies would not be able to cope-up and regulate them one by one. It is truly decentralized and it will perpetuate through generations to come.
they don't have to!
and it is simply because all these "new cryptocurrencies" that you keep seeing are useless tokens that will never have any usages in their whole miserable lives. they are created purely to be traded on some exchanges and the government simply regulates that exchange and effectively regulates all these shitcoins.

Quote
On this premise comes RAR tokens theory of stability - a three-token-system for crypto-currency. They are mathematically interlocked to each other to give balance and security of value. On RAR tokens principle, each token references the other two tokens for its ratio value and worth value. These create check and balance scenarios for each token to preserve its stability and predictability to become the vernacular crypto for public use.

i know you are just advertising a token here but this sounds interesting. have to check it out to see if it stops at being interesting or has more to it Wink
full member
Activity: 1442
Merit: 108
February 18, 2018, 02:07:17 AM
#2
The future of currency is thru crypto. Every day a new crypto-currency is created (or multiple of them) and there could be no stop to it.

Governments and agencies would not be able to cope-up and regulate them one by one. It is truly decentralized and it will perpetuate through generations to come.

One solution for regulation is to build a control within itself to make it self-regulated as innate as possible.

It is not that hard for government to put a full stop to this. They just need to pass a law and make it a criminal offence for people dealing in crypto in their country. However, I hope that governments are logical enough to understand the potential and importance of crypto.
newbie
Activity: 168
Merit: 0
February 18, 2018, 01:26:44 AM
#1
The future of currency is thru crypto. Every day a new crypto-currency is created (or multiple of them) and there could be no stop to it.

Governments and agencies would not be able to cope-up and regulate them one by one. It is truly decentralized and it will perpetuate through generations to come.

One solution for regulation is to build a control within itself to make it self-regulated as innate as possible.

On this premise comes RAR tokens theory of stability - a three-token-system for crypto-currency. They are mathematically interlocked to each other to give balance and security of value. On RAR tokens principle, each token references the other two tokens for its ratio value and worth value. These create check and balance scenarios for each token to preserve its stability and predictability to become the vernacular crypto for public use.

To understand more, please visit http://rartokens.com/ and read the white paper manifesto for details.


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