Post
Topic
Board Announcements (Altcoins)
Re: [ANN} The Search for a Real CryptoCurrency is Over - Introducing Emmetropia
by
nabbered
on 22/12/2017, 00:23:00 UTC
I might be having a dumb moment.

But you expect your coin to grow to 10$ and the possibly 100$
But surely that growth is the exact same problem that bitcoin has.

Quote
Emmetropia is a Waves-based token intended to be the ultimate storage of value.
By keeping the price steady, Emmetropia can reach that goal. 

Imagine, you were selling 10,000 Altcoins for .0005 EMMs so that’s 5 EMMs.
At the current price of EMMs ($12,000) that’s $60,000.
And you were not able to go online for 12-24 hrs for some reasons.
The value of EMMs dipped to $9,500 and you didn’t know it.
Naturally, your $60,000 will drop to $47,500. You just lost $12,500 in just 24 hrs.
We can say that EMMs are behaving more like assets rather than currencies.
This is the problem that no Alt Coin can solve.

I switched BTC for EMMs... So how is it EMMs are different if you expect 10x growth?
Your set up requires dollars to emphasize a loss. You'd need to pair your currency with the Dollar for this to work, you can only expect modest rises 5-20% increase every 5years, with fluctuations.