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Topic: XOV: creating a central bank for cryptocurrency markets - page 54. (Read 68777 times)

newbie
Activity: 83
Merit: 0
Great project with an undeniable benefits ...
Feeling pleased
member
Activity: 231
Merit: 10
Augmented Reality World Discovered
Not worthy to support this project IMO,cryptocurrencies doesnt need any banking structure because these currencies are created to remove or eliminate centralization of these banks? why would our community support this project with the banking structuture? doesnt make sense at all because we are all here for the decentralization and anonimity of our transactions.
newbie
Activity: 29
Merit: 0
This is indeed a project that will stand the test of time... It has a sound Dev team and based on my findings i am sure ut will be successful. Kudos to the Dev team for coming out with such a wonderful project. Cheers
member
Activity: 896
Merit: 10
Your project is quite contradicting though, people go into the crypto because of decentralize benefits but you are advertising on centralize, however if your project is good maybe some investors will invest in it.
jr. member
Activity: 152
Merit: 1
XOV has arrived on bitcointalk.
https://www.xovercoin.com

Please support the XOV project. XOV is creating a crypto-central banking infrastructure to stabilise the crypto markets. We have support from Emin Gun Sirer.

There will be a seed funding round.

We will contribute more later.

XOV Project Team

Banks for cryptocurrencies? Away with em.. "centralized bank"? No thanks lol!
newbie
Activity: 8
Merit: 0
Nice project
newbie
Activity: 58
Merit: 0
interesting project, good luck
newbie
Activity: 7
Merit: 0
interesting project.looks good.
newbie
Activity: 62
Merit: 0
Thanks for the opportunity.

stable currency is necessary because it organizes my standing position.

Good luck!
newbie
Activity: 12
Merit: 0
Interesting project, good luck guys
newbie
Activity: 139
Merit: 0
keeping tab of this project...a central bank for cryptocurrency markets seems to be a nice idea...
member
Activity: 392
Merit: 11
XOV has arrived on bitcointalk.
https://www.xovercoin.com

Please support the XOV project. XOV is creating a crypto-central banking infrastructure to stabilise the crypto markets. We have support from Emin Gun Sirer.

There will be a seed funding round.

We will contribute more later.

XOV Project Team

Well, I can say your project a little bit opposite from the crypto principle.
Why do we need centralize bank? Crypto was born to against centralizing things.
newbie
Activity: 50
Merit: 0
when will you launch the whitepaper and roadmap?
member
Activity: 145
Merit: 10
I just need more information of tgis project.
member
Activity: 420
Merit: 14
A "central bank" for decentralized crypocurrency? This makes the joke of the day.  Grin

In order for cryptocurrency to be fully utilized, there will have to be stable prices. With a bank model, you will be able to create accounts (masternodes) that will gain interest, 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.
In my opinion, this project is worthy of support. Indeed, the crypto currency, which is based solely on the supply-demand relationship, leads to a dead end in its development. We see that bitcoin takes off in price and is simply inflated in its financial bubble due to speculative rush demand. This will ultimately lead to its drastic depreciation at a stage when it will be at a high price level. We need other options to address this issue. Perhaps the creation of such a bank can lead to the stabilization of the course of the crypto currency. The volatility of the crypto currency is the main reason why the crypto currency is not perceived by the states and causes distrust in them.
newbie
Activity: 13
Merit: 0
this is backed by Emin Gun Sirer ? Great people that got award  brilliants-10  by Popular Science ?
Amazing project !!!!
newbie
Activity: 12
Merit: 0
The future of this project is very good, but why this thread seems like silent,  Huh
newbie
Activity: 14
Merit: 0
There is a lot of talk about 'centralised' and 'bank' etc. Everyone gets scared when these words are used. People who buy into the blockchain are usually anti-bank and anti-centralisation. We do not disagree with you. What people fail to understand with XOV is that we are not your traditional bank. Firstly, the XOV Bank will create its own decentralised currency. This currency will operate like every other cryptocurrency in the market except it's stability will be controlled. This means that when you hold 1,000 XOV and it's value is $100 for an example, the next day it's not going to be worth $50 or $10 when you wake up. A lot of people who support the blockchain are fed up of the extreme volatility. Yes, we all want a currency that's not controlled by Governments and Banks, but we also want it to hold its value and to be safe. XOV acts like a Bank in that we will provide an infrastructure where you can hold your crypto-assets that will keep it safe and hold its value overnight. We will also allow people to invest it in return for fixed interest. The coins will still be in your control, but you will place them in a stable blockchain infrastructure. All the XOV centralisation will be around how to manage this stable infrastructure using a combination of AI and human intelligence.



you mean we can get profit from your bank ?
newbie
Activity: 10
Merit: 0
This.project looks promising.
newbie
Activity: 19
Merit: 0
if this like "BANK" we can save coins there, Questions : how you control it , cause the coins price is not stabil ?
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