Topic: What about a coin with a FIXED price? Think it has potential? (Read 115 times)
You are discussing about a coin and not that you are trying to sell downloadable digital goods, try to move your thread to https://bitcointalk.org/index.php?board=67.0 but in response to your question; fixed price might not work effectively unless if it has strong financial, product and service backup.
seems what you're describing is basically Tether
Huh?
I've been reading about Tether and how it claims to be backed by dollars on a 1 to 1 ratio.
I wonder if there's a market for a coin that has the benefits we need all in one.
The market wide acceptance of Bitcoin.
The large block sizes of Bitcoin Cash, or an unlimited block size that can change as needed.
Security, as with Monero or ZCash.
And most importantly, the price is FIXED. There are no highs and lows in its market price, this coin is worth 1 US Dollar, (or $10, or $100, some set price) PERIOD, no ifs, ands, or buts.
If such a coin existed, and were mineable by either ASICs, GPUs, or CPUs, started from 0 coins in the marketplace with no premine, I wonder if it could really become the new universal standard in crypto coins. I think its fixed price would allow it to be used in transactions to move money around, while eliminating the fear of the price bouncing all over the place.
And I've got to laugh at all these countries who claim to be banning crypto coins. Crypto coins are unbannable. Anyone with an internet connection or VPN can get around any ban they try to make.
I wonder if there's a market for a coin that has the benefits we need all in one.
The market wide acceptance of Bitcoin.
The large block sizes of Bitcoin Cash, or an unlimited block size that can change as needed.
Security, as with Monero or ZCash.
And most importantly, the price is FIXED. There are no highs and lows in its market price, this coin is worth 1 US Dollar, (or $10, or $100, some set price) PERIOD, no ifs, ands, or buts.
If such a coin existed, and were mineable by either ASICs, GPUs, or CPUs, started from 0 coins in the marketplace with no premine, I wonder if it could really become the new universal standard in crypto coins. I think its fixed price would allow it to be used in transactions to move money around, while eliminating the fear of the price bouncing all over the place.
And I've got to laugh at all these countries who claim to be banning crypto coins. Crypto coins are unbannable. Anyone with an internet connection or VPN can get around any ban they try to make.
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