Quote from: rangnatht on May 06, 2019, 03:48:46 AM

Cbux :- Distributing to those who hold Bitcoin, at the rate of 1 btc = 10 Cbux

No. cBux will be distributed based on number of BTC addy you may hold and NOT based on your BTC balances but how many BTC addy you are having with some balances on 1st Jan 2019.

Quote from: rangnatht on May 06, 2019, 03:48:46 AM

Well the idea is pretty interesting but why are you creating so many coins for that above purpose. Is that not possible to just create one coin to have all those abilities? More information is needed regarding this.

cBux is trying to cover all the platform based users. Famous stable coins are too having multiple platforms for the same reason.

Quote from: holydarkness on May 06, 2019, 04:35:24 AM

People get this token for free, so they'll mostly feel no burden on parting with them, which means, dumping once exchange arrived is a very possible scenario. So what'll ensure dev can maintain the price at 1$ or what good reason/benefit that this token have that will persuade people to keep holding and accumulating?

It may fluctuate but we assume it would have value around $1. You may check the currently available stable coins sometimes value $0.99 and sometimes value $1.01

If you dump your stablecoins up to 90 cents (for example) and other people may buy your coins cheaper for instant profits of 10 cents. It is a free market and you may go for dumping your "free" coins but that may help another person getting easy quick profits.

Quote from: holydarkness on May 06, 2019, 07:17:01 PM

it (as per this post, no explanation yet) has no feature to encourage people to hold

cBux is a POS coin with annual inflation of 6% to 3%. It is mentioned within open-post. All format of cbux are swap-able from one format to another format (as value of all format coins/token is always $1) hence you may choose POS based one if you want to stake and profit.

Quote from: CjMapope on May 06, 2019, 07:22:15 PM

i dont think you fully understand a stablecoin OP
they take a ton of money to keep stable
Tether itself has trouble staying even 1.00 sometimes
free coins, im down, but i can't see this surviving unless alot more thought is put in

I agree. But, there will be no special action/mechanism is needed to maintain the prices around $1 when at least 50% of this community understand the power of having a decentralized stablecoin compared to adopting a corporate stablecoin.