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SmartCoin based on ETF

Started by mrSmall, December 01, 2017, 10:43:37 PM

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yvv

Quote from: mrSmall on January 05, 2018, 12:51:34 PM
Quote from: yvv on December 17, 2017, 07:55:05 PM
Such suggestion is raised once in a while, and a lot of people show interest in ETF traking smartcoins. The problem that hardly any ETF can outperform crypto. If you want to peg a smart coin to ETF, this should be some killer ETF, which at least outperforms USD, GOLD and SILVER.


I agree that no "legacy" equity or fixed income based ETF can outperform cryptos. But USD pegged smartcoins can't do it too and and BitUSD has a market cap of almost $27M. So we speak about price stability and low volatility. I think at this point it's interesting to have an ability to move some assets from 0-Risk & 0-Performance zone to an smartcoin with low volatility and long term return higher than the inflation rate.

That would make sense. Why not?

mrSmall

Quote from: yvv on December 17, 2017, 07:55:05 PM
Such suggestion is raised once in a while, and a lot of people show interest in ETF traking smartcoins. The problem that hardly any ETF can outperform crypto. If you want to peg a smart coin to ETF, this should be some killer ETF, which at least outperforms USD, GOLD and SILVER.


I agree that no "legacy" equity or fixed income based ETF can outperform cryptos. But USD pegged smartcoins can't do it too and and BitUSD has a market cap of almost $27M. So we speak about price stability and low volatility. I think at this point it's interesting to have an ability to move some assets from 0-Risk & 0-Performance zone to an smartcoin with low volatility and long term return higher than the inflation rate.

luther

Quote from: yvv on December 17, 2017, 07:55:05 PM
Such suggestion is raised once in a while, and a lot of people show interest in ETF traking smartcoins. The problem that hardly any ETF can outperform crypto. If you want to peg a smart coin to ETF, this should be some killer ETF, which at least outperforms USD, GOLD and SILVER.

I agree. That is why I would perhaps suggest using the 3x ETFs which allow for higher risk.

yvv

Such suggestion is raised once in a while, and a lot of people show interest in ETF traking smartcoins. The problem that hardly any ETF can outperform crypto. If you want to peg a smart coin to ETF, this should be some killer ETF, which at least outperforms USD, GOLD and SILVER.

chamber

There's the Bittwenty, which acts like an ETF for the top 20 cryptocurrencies:

http://bittwenty.com/

mrSmall

Hi all,

it's my first post here. I realy like the idea behind the smart coins. Is there any interest or maybe ongoing work on smart coins tracking the price/performance of an ETF? I think it could help to reach higher portfolio diversification. What do you think?

Thanks