Topic: This is a new concept for crypto-currency that you never heard before - page 2. (Read 515 times)

absolutely, we should brainstorm on how we will push crypto-currency in to the future for betterment.

kryptqnick,

Those high volatility cryptos are not for ordinary Joe. They are speculative and cannot be used for daily use.

Those cryptos should continue in the hand of speculators only and not for public use.


RAX, AVY and RAZ tokens are the realization of RAR tokens theory of stability. They are the working proof of work and nothing to be added further.  
They were created to solve only one thing - to tackle the issue of stability, and nothing to do with any business. There is a possible business road map to be built on the top of this where you need a big team - but that is a separate thing.

At the moment is only dev and and may grow as time pass by. Wei'll list official dev later on.

You are absolutely right and I support your thoughts about the fact that any analysis of the project is a very good activity, in any case we will observe what is happening and we will be on the alert.

Okay, maybe your system of tokens will regulate the rar price based on pure mathematics and stuff.
The problem is that people here are mainly interested in ways to earn profit out of trading the coins. That is why coins with high trading volume and volatility are in favor. If rar tokens will be predictable and stable it will make trading for profits very hard.
And it's a shame the project doesn't have an official team and roadmap.

In case you have not gone to the blog about the basic concept :

http://rartokens.com/blog/f/rar-tokens-theory-of-stability-for-crypto-currency

RAR tokens theory of stability does not aware or know about the market or existing of other coins/tokens/fiat.

It is not the first token like this. There is the DAI token which is pegged with USD. And also Tether.
If RAR is pegged on ETH, Bitcoin, Litecoin, it won't be a stable coin. As they all depend on Bitcoin price.

Any attempt to develop technology is very good. We will observe how this project will manifest itself, although I have already seen similar ones

dado7,

RAR tokens theory of stability for crypto-currency is based on trust in the form of value ratio.

The value ratio is always constant; this would be the basis of trust between tokens or coins. Violating this trust will destroy their integrity and eventually will lose their intrinsic values.
 
On the other hand, price ratio is  relative, but proportional to the value ratio. (for very a simple example, if the value ratio between two tokens/coins is 1:2, the possible price ratio would be 1:2, 2:4, 3,6 and so on... or even in fractional number) .

Now, if the market is bullish on these tokens/coins, price ratio would increase in fashion that is proportional to the value ratio. Any movement of price ratio that does not conform (like 2:5 or 3: to the value ratio is an anomaly and trust is violated.

On RAR tokens theory of stability, it does not have knowledge about the market; whether the market is bullish or bearish, it does not have an awareness of any other coins, tokens or fiat. What is has is a self-determination if price is violating the value ratio or not.
 
The tokens/coins, on the RAR tokens theory of stability, are not competing with each other but rather colluding in a consensus manner. Somehow similar in a blockchain, all tokens/coins have to be in agreement in their prices based on their value ratio.

In this manner, the tokens/coins will have a degree of control from within as if they have intelligence that can determine what price is acceptable and not.

OK, I understand your concept now. You aren't working on bringing the stability of prices (which I think is one of the crucial things for mass adoption - if you were the owner of Amazon for example, would you be willing to accept something that can be worth 1/100 or x100 in a week?) but you are working on implementing the stability of ratios and your example with oranges is very good to illustrate your point.

However, the usability of this still eludes me. As you mentioned it is good to gain the trust if you compare markets, competitors etc. but how would your coins, and market, actually benefit from this? OK if you would fix the ratio of say..... RAR to Bitcoin (like kn to EUR, DEM to EUR) but what is the benefit of fixing the ratio between three new coins?

There is nothing to deny this fact that one can surely earn a huge amount of money once he gets into the world of crypto currency and there are people who are making a huge amount of money too. However, you need to work a lot and that you need to work consistently and try to gain as much amount of knowledge as you can. Crypto will definitely bring money for you but the condition is you need to stay firm and consistent.

Agaton,

I know... lots of tradesr like the high volatility that lead to big profit.
These speculative cryptos are not for general use but only for glorified casinos.


SeanL9941,

Stability...refers to stability of its value. Not just price only but also the value it represents.

'Without stability, it would be just a speculative instrument and will not be suitable for general use. Practicality comes only if the public is confident enough to rely that it is a stable store of value.'

RAX, AVY, RAZ tokens are the first realization of this theory. There might be no demand for it or it may. Only time will tell.

Didn't quite get - the stability of what? The idea is beautifully described, still practical use is quite opaque.

What purposes does each token serve for? Why are you so sure there will be demand for any of the three?

Nothing thrills if price of all crypto-currencies having a natural and stable price, many people love to invest crypto because of the price situation that unstable, and their total value up and down. And in that situation many investors concentrating about the price movement, by buying and selling. This is on how the way being manage by all crypto creator.

dado7,

RAR Tokens value Ratios are always constant.

The movement of the price (up or down)  should conform to the ratio value of all parties involved, thus, the trust is kept.

For the three tokens to preserve the 'Unity of Prices' (UOP) principle,  if one of the tokens price goes up by a certain amount, the other two tokens should also goes up by certain amount.
So the amount of increase for each token should be proportional based on value ratio in order to say that they are in agreement (ie. trust is kept).

For example, if RAX token is priced at 2.62 USD, AVY token is priced at 1.62 and RAX is priced at 1.0.  At this current price level they are in agreement and trust is preserved.
If RAZ token price goes-up to 1.5 USD, AVY token has to be priced at 2.4 USD and RAX has to be priced at 3.9 USD in order to keep the trust.

But in another scenario, if RAZ token goes-up the price of 1.5 USD alone, and the the other two token did not, then there is an anomaly and trust is not kept. So by self-determination the two tokens are in agreement and RAZ is not. There will be pressure on RAZ to come back to the previous price of 1.0 USD in order to kept the trust.

There are three tokens but these tokens work as a single unit. If one of the tokens is subjected to inflation, the the rest of the tokens may be subjected too, as long as they preserved their 'Unity of Prices' (UOP) which is the price amount increases are proportional to their value ratio.  

There is  'Token Price Calulator' on the home page, and you could test price of a token and see the equivalent price from the other token.

OK, if I understood correctly, you propose a stability of value in terms of stability of ratio, not in terms of stability of price.
So, when the price of one coin goes up, the price of other will go up by the same amount? 
That would mean that each of the tokens could have a different person, but you could have some gain from keeping them in the same ratio.

However, it is also hard to keep this behavior as if you would for example list all three tokens, one could receive much more investments then the other and it would  be a subject to hard appreciation and inflation pressures.

P.S. Try to edit your posts and not post in succession as I believe it could provoke a ban (deliberate post count building) and it would be a pity.

This explain the basic concept of the theory of RAR tokens

http://rartokens.com/blog/f/rar-tokens-theory-of-stability-for-crypto-currency

Let you decide if the RAR Tokens theory of stability is nothing or there is something on it.

someone has removed my thread on 'Bitcoin Discussion'. It might be becuse someone mention ERC20 on the forum. Anyway that's ok.

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We are pretty sure it is the only token out there with this concept at the moment!  Even though we have listing on as many exchanges as possible on our road map they will never be essential for token holders to swap their tokens for ether. No registration, sign up or extra fees associated with exchanges is required. It is truly a decentralized system. Check it out on the ANN page https://bitcointalksearch.org/topic/m.29897104 or at our website www.hodlwin.com both the token and buyback contract are already live on the blockchain to inspect the code, its very simple, straight forward and transparent.