Quote:
Originally Posted by thommy
if the volatility would not exist - the sense of the whole currency is gone and nobody needs it as long he can buy all he wants with real money.
i am sure you can post now 1000ds of opposite statements that you get exactly there where people are interested to keep the game going.
if you just give me ONE profund statement WHY cyber-currency should have ANY positive effect on trades or economy I would really appreciate.
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Original idea behind crypto currency is good - and that is to have a method of payment which will be decentralized , cheap and fast.
But it turned into some sort of investment scheme which can be easily manipulated.
But in order to reach that original idea it is required to have stable crypto coin, which does exist but none of them are actually used in e-commerce system, only BTC/LTC/Ethererum are used, and they suffer with volatility problem.
And also, crypto currency which is basicly anti crypto-XRP/RIpple, slowly taking over crypto space which is kind a ironic.