XOV: creating a central bank for cryptocurrency markets - page 2.

jedlhuber

newbie

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Quote from: toyouta9999 on July 10, 2018, 07:42:55 AM

so you're able to SPEND your money for goods and services that people will accept. Not just all based on speculation, but based on real value. XOV is seeking to centralize this volatile world in order for all of us to have a currency we can trust.

Bingo.

toyouta9999

newbie

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so you're able to SPEND your money for goods and services that people will accept. Not just all based on speculation, but based on real value. XOV is seeking to centralize this volatile world in order for all of us to have a currency we can trust.

jedlhuber

newbie

Activity: 44

Merit: 0

Quote from: ukloon on July 09, 2018, 04:53:14 PM

There are a lot of ICOs for projects claiming to be the new bank for crypto but so far none have succeeded due to complicated regulations. Unless you're based in Malta or somewhere similar it won't succeed.

Yes, proper banking licenses will be the only way this (or any project) moves forward.

jedlhuber

newbie

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Quote from: RESPONSIBLE_ on July 09, 2018, 04:33:26 PM

Is this project based on centralized system? If decentralized, a crypto central banking platform will help cryptocurrencies in the long term.

Yes, fully decentralized crypto central banking model. It will be the ONLY way to make crypto work long term. The crypto maximalists never want to hear the word 'bank' again, but the masses will need the trust, security, and services a bank provides.

ukloon

sr. member

Activity: 798

Merit: 281

There are a lot of ICOs for projects claiming to be the new bank for crypto but so far none have succeeded due to complicated regulations. Unless you're based in Malta or somewhere similar it won't succeed.

RESPONSIBLE_

jr. member

Activity: 168

Merit: 1

Is this project based on centralized system? If decentralized, a crypto central banking platform will help cryptocurrencies in the long term.

jedlhuber

newbie

Activity: 44

Merit: 0

Quote from: harbet.robison on July 07, 2018, 04:48:36 AM

I can't afford to have my portfolio to crash 75% repeatedly. Likewise, if I was selling something, I'd want to know what you paid me was going to have the same value tomorrow

Exactly right. The #1 rule in crypto is to not invest more than you can afford to lose.....how is that supposed to work in the 'real world' that we all live in where we need to purchase goods and services. We can't expect companies or people to have the same level of risk that we do as 'investors'. I think we'll still see a lot of people buying off of speculation, but the masses won't (and can't) follow until things aren't volatile.

harbet.robison

newbie

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I can't afford to have my portfolio to crash 75% repeatedly. Likewise, if I was selling something, I'd want to know what you paid me was going to have the same value tomorrow

jedlhuber

newbie

Activity: 44

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Quote from: crazyhonez000064 on July 06, 2018, 02:46:44 AM

Please support the XOV project. XOV is creating a crypto-central banking infrastructure to stabilise the crypto markets. Very good approach.
Thanku for such initiative

I agree! Thank you for your support for such an ambitious project. People will want/need decentralized banking soon and XOV will ready for them

lalatao71

newbie

Activity: 41

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i think ,XOV is great coin.I see the white paper.nice coin.and gud team work.all the best.

crazyhonez000064

newbie

Activity: 98

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Please support the XOV project. XOV is creating a crypto-central banking infrastructure to stabilise the crypto markets. Very good approach.
Thanku for such initiative

honghai0730

newbie

Activity: 58

Merit: 0

Looks like a very interesting project. Creating a crypto bank it a little "suspicios" as crypto pretty much is trying to stay away from banks.I hope this project becomes a great success.

iaxakov

newbie

Activity: 81

Merit: 0

Quote from: nicesun260 on July 05, 2018, 05:30:48 AM

I agree with people who say that there is no need of a central bank for cryptocurrency markets because people like it and invest in it as it is decentralized. Central bank gives ownership to a particular bank and it will increase documentation process. Few people want to be anonymous in crypto world and few countries also may not like this concept.

For me, the beauty of cryptocurrency is that people are not included in the process of performing key actions. Because in the world there is no person who wouldn't want to have something to fuck with what dominates.

nicesun260

newbie

Activity: 81

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I agree with people who say that there is no need of a central bank for cryptocurrency markets because people like it and invest in it as it is decentralized. Central bank gives ownership to a particular bank and it will increase documentation process. Few people want to be anonymous in crypto world and few countries also may not like this concept.

xov

copper member

Activity: 33

Merit: 1

XOV is meeting with Wirex in July 2018 to explore partnership to add the future stable version of the XOV currency to the Wirex card for crypto purchases.

jedlhuber

newbie

Activity: 44

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Quote from: ?? on ??

Xov is listed on CoinRanker. Your platform for streaming real time prices: https://www.coinranker.net/cryptocurrency/Xovbank

Thanks! Great platform!

nguyentrangg333

newbie

Activity: 59

Merit: 0

This is just the beginning of the road, I want to wish good luck to this new project , the project came up with an interesting and necessary, technical documentation at a high level ,written in accessible language

sugarlady43

newbie

Activity: 92

Merit: 0

The XOV project is creating a crypto-central banking infrastructure to stabilize the crypto markets which quite interesting and support it. This is new kind of project for which we are looking for...

vova.andreyan.94

jr. member

Activity: 336

Merit: 1

The whole point of bitcoin is that it is a decentralized coin, the sense of supporting a centralized mechanism!

adutlf88xn

newbie

Activity: 100

Merit: 0

The difference between this product and xrp would be the stability in value of the token itself. Xrp has been a useful tool for banks but the price has been far from stable.

Topic: XOV: creating a central bank for cryptocurrency markets - page 2. (Read 68743 times)