Post
Topic
Board Announcements (Altcoins)
Re: Obyte: Totally new consensus algorithm + private untraceable payments
by
tarmo888
on 29/04/2021, 14:56:12 UTC
To my shame I late figured out  all their scam with so-called bonded "stable"coin.  That shit  has proven to be not stable. He argued that they are not stable because market was not stable in the chosen timeframe,  but one wonders who needs "stable"coins that are stable only in a stable market, any coin would be stable at such conditions.

Regarding their "bonded" word attached to "stable"coin. They don't know themselves what it means. I have encountered their Discord discussions  where they try to give this word a sense of sense. IMO, they attached it to keep sugar coating this scam for others.

It's only you who is still dumb enough not to understand where the word "bonding", even when it's even mentioned in the tagline of the website and there has been "How it works" page since the beginning https://coinmarketcap.com/alexandria/glossary/bonding-curve

Nobody said that markets have to be stable, what i said was that if people want to dump something for a newer thing, then obviously they can do it so it lower the price.

I don't know what Discord you are, but only discussion on Obyte Discord has been how to call the consensus mechanism of Obyte.

Own up your fault that you can't read properly and just FUD. Learn to read.