About stability of cryptos and the example of the Seed token.

in Project HOPE4 years ago

I have been writing about the stable cryptos 3 years ago :
https://steemit.com/crypto/@chrisaiki/stable-cryptocurrencies-bitusd-usdt-bit20-viva-hero-x8


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Since, I lost some money with the ETH peg crypto on Bitshares.
Things are not going better.

It is not possible to have a stable crypto with a community of 200 people.
There are not stable value on earth, gold, diamond, oil are volatiles, it all depends about your references and the time duration.

Like other community, Seeds is looking for a way to stabilize its token.
What is a currency ; a currency is a way to exchange a good or services between a buyer and a customer who agree , one fixed day on the price of the good or service.

Not any goods or services have a stable value over times, how could you set up a stable crypto ?

Today, the value of seeds is depending of the value of TLOS, the token powering he telos blockcchain and the value of TLOS is depending of the investment in Bitcoin which is unfortunatly the leading crypto market.

Just admitting it would be a reasonable step.
http://joinseeds.com

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 4 years ago  

Hello @chrisaiki

Thank you for posting within our hive.

Please spare few minutes and read how project.hope is organized and learn about our economy.

That would help you understand more our goals and how are we trying to achieve them. Hopefully you will join our community and become strong part of it :)

Do you use telegram or discord? If you do then join our server and give me a shout. I would gladly share with you goals of our community and introduce to others from our team.

Our discord server: https://discord.gg/uWMJTaW

Remember: No to content plagiarism!

Regards, @juanmolina
@project.hope co-founder

Hi @juanmolina, I have discussed this point with @crypto.piotr several times :)
I love to post in Project.HOPE community and I upvote posts there too.
There is also an opportunity for Project.HOPE to join SEEDS
http://joinseeds.com

 4 years ago  

I have discussed this point with @crypto.piotr several times :)

I was not aware of this, thanks for letting me know.

Please, continue posting with us.

Hello @chrisaiki
Volatility in crypto prices is something that will always be present. Even stablecoin have variations sometimes significant, and I really believe that all cryptos are influenced by BTC.