Post
Topic
Board Bitcoin Discussion
Re: Stabilized Bitcoin using eMunie economics
by
franky1
on 09/02/2016, 20:28:31 UTC

no!

they sell at a higher price elsewhere... and then deposit fiat into emunie to buy your cheap controlled coins.. then withdraw.

Why would people buy at a high price elsewhere when they too can buy on the main exchange at a lower price? - it will never happen.

lol.. goodluck with that theory.
it will only work if there was 1 sole exchange in existance... learn the term arbitrage. and why arbitrage is a real thing.