Cryptocoins can never get an established currencysystem in everyday life if they keep to be that instable
*become? english ist not my first language sorry
The bigger the boat the more stable it is. Fiat also has a history.
No coin cope thread
>>2287676
got some coins because my thoughts in the op would only play a role in some years i think. As long people think you can get rich with coins they will buy so others will sell. But spectulating cant be a good base for a real currency
>>2287756
True
>>2287668
I understand that if everybody would finally get some coins the whales wouldnt make a high difference. But they do right now and this could be a reason for people with an actual life to avoid btc, because they can not rely on it. Did Fiat start with enormous currency trading?
>>2287821
Yes. Civilization was built on trade.
>>2287885
I didnt mean the trade in general, like, did they trade currencies to maximize profit with this and not with the idea of buying something from it. I mean the idea behind a currency is that you have something with a stable value, you can give in exchange for a good and your tradepartner can get something with an equivalent value in 10 days or so.
If you cant guarrantee that the currency loses it purpose.
But I dont know anything about the history of currencies so correct me
>>2288056
It's all the same shit. People could pay rent with Microsoft stock and it would be the same if not more stable than USD. As said, cryptos are unstable because the market is small, inefficient and expanding very rapidly. Some of these shit coins don't have a thousand dollars market cap.