follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Author Topic: Can any coin be set so that the changing of prices changes per day?  (Read 837 times)

Offline Crazymelons18

  • Member
  • *
  • Activity: 133
  • points:
    197
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: October 03, 2019, 04:00:44 PM
    • View Profile

  • Total Badges: 13
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
I don't really understand why there is a limit being set for any cryptocurrency. The coins, because of these limit of the volume makes price movements possible. With these movements also volatility can come in. So my thought is this, because the changes in values brought about by the changing supply and demands for a certain coin causes volatility within hours or maybe minutes that becomes a big factor for users of coins to be hesitant in using the coin as payment system, would it be helpful to set the changing price of coins per day only so that any use for the coin as a payment system within the specified day will make the price stable for a time and would allow or give the users enough time to use it as payments and be safe from loses due to volatility that strikes anytime?

Altcoins Talks - Cryptocurrency Forum


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here


JSD10M

  • Guest
Re: Can any coin be set so that the changing of prices changes per day?
« Reply #1 on: October 23, 2018, 08:14:21 PM »
I don't really understand why there is a limit being set for any cryptocurrency.
I would like to help you but I do not understand what you really mean by "there is a limit". Can you please explain further?

Offline Crazymelons18

  • Member
  • *
  • Activity: 133
  • points:
    197
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: October 03, 2019, 04:00:44 PM
    • View Profile

  • Total Badges: 13
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Can any coin be set so that the changing of prices changes per day?
« Reply #2 on: October 25, 2018, 02:44:46 PM »
The limit I did refer to is the limit for the volume of coins or tokens. If these could have been made like a real currency I think there is not much of a need to limit the currency volume. This is just my opinion though but I think it might be helpful to make the coin stable. Is that so? How do you really think about this?

Offline Nur sarimbit

  • Full Member
  • *
  • Activity: 212
  • points:
    596
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: June 12, 2019, 03:21:06 PM
    • View Profile

  • Total Badges: 15
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Can any coin be set so that the changing of prices changes per day?
« Reply #3 on: October 25, 2018, 03:00:49 PM »
if in my opinion. it seems hard to manage bitcoin or altcoin bro. my reason .
1. Prices can go up or down when someone sells or buys. while the number of people who invest a lot from various countries in the world .
2. If you could manage it, maybe you could, bro. Only the person who manages or creates the application.
Banknet
❝  Transforming Real World Assets On The Blockchain
◈  ────────  Website ⬝  FacebookTwitterTelegramLinkedinWhitepaper  ────────

Offline ComeBack

  • Sr. Member
  • *
  • Activity: 581
  • points:
    740
  • Karma: 4
  • Community Management - PM Me
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: May 01, 2020, 01:23:27 AM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    10 Posts First Post Sixth year Anniversary
Re: Can any coin be set so that the changing of prices changes per day?
« Reply #4 on: October 25, 2018, 03:06:37 PM »
I'm sorry but I don't quite understand what are you asking but I think it's related to the maximum supply? If it's about why cryptocurrencies are having a limit for it?
At your service

Offline waitingforday

  • Jr. Member
  • *
  • Activity: 59
  • points:
    204
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: November 23, 2018, 01:21:54 PM
    • View Profile

  • Total Badges: 11
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Can any coin be set so that the changing of prices changes per day?
« Reply #5 on: October 25, 2018, 03:17:05 PM »
Maybe because of inflation? If coin supply will be infinite when price alway will go down

Offline tamango

  • Hero Member
  • *
  • Activity: 790
  • points:
    4025
  • Karma: 8
  • Beyond Protocol Street Team
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: June 11, 2021, 06:07:28 PM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    10 Posts First Post Sixth year Anniversary
Re: Can any coin be set so that the changing of prices changes per day?
« Reply #6 on: October 25, 2018, 03:46:19 PM »
I think that you can't set a limit price for a coin..market is market and supply and demand determine price variations it's normal. It's like when a stock price is suspended. Then when you can trade later price will move ofter more down/up because people are scared by these limitations
Beyond Protocol Street Team
http://beyond.link | Coming Fall 2021
Official altcoinstalks thread

Altcoins Talks - Cryptocurrency Forum

Re: Can any coin be set so that the changing of prices changes per day?
« Reply #6 on: October 25, 2018, 03:46:19 PM »


Offline DogeTalk

  • Sr. Member
  • *
  • Activity: 468
  • points:
    4076
  • Karma: 5
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 06, 2024, 05:47:32 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Can any coin be set so that the changing of prices changes per day?
« Reply #7 on: October 25, 2018, 03:54:27 PM »
what is the limit? total? I do not understand your point. can you explain more briefly? the limit for crypto is a natural thing and has happened for a long time.

Offline bountyecrire

  • Full Member
  • *
  • Activity: 309
  • points:
    394
  • Karma: 6
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 01, 2022, 10:58:33 AM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Can any coin be set so that the changing of prices changes per day?
« Reply #8 on: October 25, 2018, 04:02:59 PM »
As I understand (which was hard), you mean there shouldn't be specific supply for coins. That is tether! and they keep the price at $1 by printing or burning tokens. I believe you want that for bitcoin and other coins too. But this is not the idea.

But if you didn't know, there are some stable coins like tether, tusd etc.

Offline Zed0X

  • Legendary
  • *
  • *
  • *
  • Activity: 3543
  • points:
    69379
  • Karma: 337
  • Coinomize.biz
  • Trade Count: (0)
  • Referrals: 34
  • Last Active: Today at 03:42:28 PM
    • View Profile

  • Total Badges: 27
    Badges: (View All)
    Sixth year Anniversary Fifth year Anniversary Fourth year Anniversary
Re: Can any coin be set so that the changing of prices changes per day?
« Reply #9 on: October 25, 2018, 04:05:25 PM »
The limit I did refer to is the limit for the volume of coins or tokens. If these could have been made like a real currency I think there is not much of a need to limit the currency volume. This is just my opinion though but I think it might be helpful to make the coin stable. Is that so? How do you really think about this?

Let us say for example I developed a coin with a circulating supply of 50 million and the price is now worth $200. One day I decided I wanted to make more money and since there is no limit as to how many coins I can mint, I just minted 10 million more then disposed them all. Do you think that's fair?

Offline Leebarnes

  • Full Member
  • *
  • Activity: 197
  • points:
    364
  • Karma: 1
  • eLYQD ICO
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: December 10, 2018, 09:04:47 AM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Can any coin be set so that the changing of prices changes per day?
« Reply #10 on: October 25, 2018, 04:10:09 PM »
I only knew one altcoin that is being stable and that is dogecoin one aspect why dogecoin is being stable dogecoin has an uncapped supply.
« Last Edit: October 25, 2018, 04:18:05 PM by Leebarnes »

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod