Topic: Why coins that offer STAKE rewards are a HORRIBLE idea (Read 82 times)
Reduced volatility is what business wants. If you want this shit to keep being for 1% of the people on Earth then enjoy your volatility, but adoption won't come this way.
Coins that give you extra bonus for not trading your coins? Wow what a horrible idea! Don't you realize what robust trading does? REDUCES volatility in the price! The more coins being traded the more constant the price is! The only legitimate reason to offer huge staking bonuses is so that you can pump and dump as the coin owner and no one can sell in order to stop your dump from making their holdings worthless!
Coin with the most robust trading: Bitcoin. Not staking, just mined, and heavily traded. Miners put it out all the time, it is traded with the most volume. Can you say that Bitcoin is any less volatile than POS coins? I've actually seen so many POS with pretty stable values.
And no, I am not a pos lover nor do I stake any longer. I used to, and am even thinking of doing it again, but not just yet. Staking as a means of securing the network was a brilliant idea, maybe a lot of pitfalls but far from horrible.
You clearly misunderstood staking if you think there's only one legit reason to offer "bonuses". Please google Proof of Stake.
Bitoin is currently in a pump and dump by china. But if you look at something without media attention, and has fair and even distribution like SLL's on virwox you will see that the price is very constant and well traded. Traders if they are good will buy low and sell high thus evening out price variations.
Yeah i agree with you, staking policy is weird unless a project needs time to fully function only then they can ask the people to give them some time in exchange of waiting for extra time, otherwise staking does not sound ethical to me.
Coins that give you extra bonus for not trading your coins? Wow what a horrible idea! Don't you realize what robust trading does? REDUCES volatility in the price! The more coins being traded the more constant the price is! The only legitimate reason to offer huge staking bonuses is so that you can pump and dump as the coin owner and no one can sell in order to stop your dump from making their holdings worthless!
Why are you so negative about this? Excellent persptivities to keep money for a long time and increase them! 
Coins that give you extra bonus for not trading your coins? Wow what a horrible idea! Don't you realize what robust trading does? REDUCES volatility in the price! The more coins being traded the more constant the price is! The only legitimate reason to offer huge staking bonuses is so that you can pump and dump as the coin owner and no one can sell in order to stop your dump from making their holdings worthless!
Coin with the most robust trading: Bitcoin. Not staking, just mined, and heavily traded. Miners put it out all the time, it is traded with the most volume. Can you say that Bitcoin is any less volatile than POS coins? I've actually seen so many POS with pretty stable values.
And no, I am not a pos lover nor do I stake any longer. I used to, and am even thinking of doing it again, but not just yet. Staking as a means of securing the network was a brilliant idea, maybe a lot of pitfalls but far from horrible.
You clearly misunderstood staking if you think there's only one legit reason to offer "bonuses". Please google Proof of Stake.
Coins that give you extra bonus for not trading your coins? Wow what a horrible idea! Don't you realize what robust trading does? REDUCES volatility in the price! The more coins being traded the more constant the price is! The only legitimate reason to offer huge staking bonuses is so that you can pump and dump as the coin owner and no one can sell in order to stop your dump from making their holdings worthless!
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