Post
Topic
Board Announcements (Altcoins)
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
by
dzimbeck
on 30/08/2017, 10:32:48 UTC
why don't you peg this to $1 and compete with tether?

how long til peg is implemented?

Because if we fix it at $1 then it doesn't also follow Bitcoin price when it goes up.

So it's better to let the peg be dynamic so it goes up slowly with Bitcoin and once Bitcoin crashes we freeze up so we don't crash and then more volume will go into this coin because it's safer than Tether.