Post
Topic
Board Project Development
Re: is there are self regulating stable coin?
by
Zadicar
on 14/04/2017, 06:01:26 UTC
a stable decentralized monetary system without or low price fluctations
if not is it possible to develop one?

Try to look up for monero and you could see that the price of that coin is not moving nor flactuating well. And whats the catch for asking that? Do you have a plan to stake on stable coin? or do you want to clone a coin like that?

It might be good for you if you want to hide your money in that coin but one thing for sure that you cannot earn from that since as stated that coin doesn't have an healthy movements where traders rarely trades it since they cannot earn for trading that one.
If he would mean to hide his money without the intention on making money on movements then its possible or your own choice to put it since we do know it doesnt move too much which means risk is less comparedo n volatile coins like bitcoin but we should remember anytime a coin might drop even it doesnt give significant movements in the past.Put your money on your own risk because we do know on cryptoworld anything would possibly happen and expect the unexpected.