Topic: Are stable coins the solution for price volitility? (Read 343 times)
If they all of these coins become fixed priced then all of Satoshi's dream will be nulled. how can we make it fixed we don't need it anymore it that's happen cause we only fooling our self let's just use fiat to trade and keep this thing as simple as that. crypto currencies are use for decentralized transactions to counter the banks authority over our money.
I have already tried to study information on Facebook, this project which they announced for the near future. Of course, this is already a social network that wants to offer its users good conditions and quality services. But only real results can show the prospects of this project.
well, everything really depends on the results of the project being developed because the price of coins has a price movement system depending on the demand on the market, when facebook coin is very useful, the price can be expensive and can be used to benefit from the rise and fall of coin prices. 
No, it is not! From the end of the last year to till now, we have got several stable coins! But do we need all of them? even stable token also arrive! I suppose these stable coins are coming to make huge money for their self! The TUSD, USDC was enough, now Binance is bringing their own stable coin, Tron already brought stable coin! These things can't solve any crypto problem I assume!
I have already tried to study information on Facebook, this project which they announced for the near future. Of course, this is already a social network that wants to offer its users good conditions and quality services. But only real results can show the prospects of this project.
With the rise of stable coins, cryptocurrencies will have a mix of volatile and non volatile coins. Stablecoin prices is mostly pegged at a dollar and use to stabilized a fund during a market downtrend. I used to buy stablecoin when the price of bitcoin or ethereum start to fall to maintain the present price. Bitcoin price will eventually go up and after it is confirming the rise, it is time to buy it using the stablecoin. Facebook is reportedly creating it own stablecoin, also called globalcoin. Facebook is giant social media site so I believe that the launching will becwill successful like the other stablecoins in the market.
The fact is difficult to see cryptocurrency on stable like gold because crypto only being own by less people compare gold's
We can reach stable value once more than 95% people in this world, own some bits.
Is it possible ?
Time will answer and personally I'm sure will happen
We can reach stable value once more than 95% people in this world, own some bits.
Is it possible ?
Time will answer and personally I'm sure will happen
To be honest, I really don't get your point. Do you want to make the market to be stable or dominate by stable coins? Because if that is the case, then a lot of investors will stop investing because there is no point already. Unless they are going to have something from those coins that are worth profiting. Volatility enables us to buy at low and sell at high.
we can never hope that all coins will be stable, because of the fluctuations that characterize cryptocurrency. but from the many projects here no longer need to need a stable coin and not develop because the project will continue to experience ups and downs every time it passes
yes, what I really like about bitcoin is that its characteristics are never stable, with such instability many people benefit from trade, because of that I never expected that bitcoin would become a stable coin.
If you are a person who does not like high fluctuations, such as Bitcoin and most altcoin, then stable coin is the best choice, but the profit generated from stable coins is not the same as Bitcoin and altcoin
Similar to the dot com era, many napkin ideas had millions of dollars thrown at them, but the only ones that survived were the ones with a sustainable business model.
As crypto matures, the successful projects will be those that create the majority of their buyer demand from real utility.
I am not agree this similar dot com era, Kim have such project across the rules has created by goverment and he use other country to continue project.As crypto matures, the successful projects will be those that create the majority of their buyer demand from real utility.
Crypto haven't rules has porbiden any country, goverment not yet and still make rules for new crypto technology
I don't think it is the solution! Stable coin helps traders to back their token from dumping! BTC to stable coin trading pair is very profitable right now, people are making a profit through the stable coin! But this is not solution for the crypto volatility problem! Still, crypto coin's price gets dump or up because of news! I don't know the solution yet, but stable coins are not the solution in my view!
That's really the correct solution. how many platforms are tried to fix it by used their own formula and you can see as the result the demand and supply will always create the volatility. The only solution to fix it to make a crypto that backed by fiat or commodity and that will fix the volatility.
If you really want good stablecoin, not only supply and demand is a problem, but the pair also has a big impact, crypto-fiat pair like USDT / USDC is better than the major coin like BTC / ETH
Great solution for crypto stop volality fluctuations, I think that's the way government need to develop because we should government want to regulate bitcoin because of high volatility movements of price value to avoid a lot of risk for the investor or crypto holder's.
we can never hope that all coins will be stable, because of the fluctuations that characterize cryptocurrency. but from the many projects here no longer need to need a stable coin and not develop because the project will continue to experience ups and downs every time it passes
Lol, there are coins that were created to be equal to USD as 1:1. They are called stablecoin if you yet to know it. It is created to counter the high volatility of cryptocurrency so that holders can easily convert it from cryptocurrency to USD and or buy another asset or coins without worrying price fluctuaiton.
You can read this to know more about stable coins.
Definitely stable coins make some changes in this situation but it will not give the complete solution for the price volatility so we need to find the exact solution for that then only we can make some changes in this
Cryptocurrency is often criticized for its price volatility. Some solutions are attempting to control price volatility by price controls (i.e. USDT, Ample). Is this really the correct solution?
The current crypto price volatility is caused by 100% buyer demand dependency on speculative trading. Emotional speculators turn with the latest news or hype. Of course, prices will be most volatile when they are solely dependent on speculation.
More mature publicly traded assets like gold and silver don't have the price volatility of crypto because the majority of their buyer demand comes from their utility. Gold and silver are guaranteed to be purchased regularly for its utility purpose of manufacturing electronic components, jewelry, etc.
Similar to the dot com era, many napkin ideas had millions of dollars thrown at them, but the only ones that survived were the ones with a sustainable business model.
As crypto matures, the successful projects will be those that create the majority of their buyer demand from real utility.
yes your point is valid because the stable kinds makes some changes in the price volatility but we cannot 100% sure about it will only the solution for that but it make changes this problem. The current crypto price volatility is caused by 100% buyer demand dependency on speculative trading. Emotional speculators turn with the latest news or hype. Of course, prices will be most volatile when they are solely dependent on speculation.
More mature publicly traded assets like gold and silver don't have the price volatility of crypto because the majority of their buyer demand comes from their utility. Gold and silver are guaranteed to be purchased regularly for its utility purpose of manufacturing electronic components, jewelry, etc.
Similar to the dot com era, many napkin ideas had millions of dollars thrown at them, but the only ones that survived were the ones with a sustainable business model.
As crypto matures, the successful projects will be those that create the majority of their buyer demand from real utility.
we can never hope that all coins will be stable, because of the fluctuations that characterize cryptocurrency. but from the many projects here no longer need to need a stable coin and not develop because the project will continue to experience ups and downs every time it passes
Cryptocurrency is often criticized for its price volatility. Some solutions are attempting to control price volatility by price controls (i.e. USDT, Ample). Is this really the correct solution?
The current crypto price volatility is caused by 100% buyer demand dependency on speculative trading. Emotional speculators turn with the latest news or hype. Of course, prices will be most volatile when they are solely dependent on speculation.
More mature publicly traded assets like gold and silver don't have the price volatility of crypto because the majority of their buyer demand comes from their utility. Gold and silver are guaranteed to be purchased regularly for its utility purpose of manufacturing electronic components, jewelry, etc.
Similar to the dot com era, many napkin ideas had millions of dollars thrown at them, but the only ones that survived were the ones with a sustainable business model.
As crypto matures, the successful projects will be those that create the majority of their buyer demand from real utility.
The current crypto price volatility is caused by 100% buyer demand dependency on speculative trading. Emotional speculators turn with the latest news or hype. Of course, prices will be most volatile when they are solely dependent on speculation.
More mature publicly traded assets like gold and silver don't have the price volatility of crypto because the majority of their buyer demand comes from their utility. Gold and silver are guaranteed to be purchased regularly for its utility purpose of manufacturing electronic components, jewelry, etc.
Similar to the dot com era, many napkin ideas had millions of dollars thrown at them, but the only ones that survived were the ones with a sustainable business model.
As crypto matures, the successful projects will be those that create the majority of their buyer demand from real utility.
Price volatility is what makes crypto exciting for many people. Yes, stable coin can help the volatility but do you really want stablility in crypto? there aren't many opportunities for investors and miners alike.
I guess yes, but if cryptocurrency is dominated by stable coins then this industry will get boring. And many investors will turn its back unless this stablecoins are like security tokens where holders can get a share of the company's profit.
I agree with you, if the coin is stable, it will be difficult for investors to profit, it is precisely where the uniqueness of the altcoin cannot be stable, it can change at any time in unexpected periods of time.
I guess yes, but if cryptocurrency is dominated by stable coins then this industry will get boring. And many investors will turn its back unless this stablecoins are like security tokens where holders can get a share of the company's profit.
I agree with you, if the coin is stable, it will be difficult for investors to profit, it is precisely where the uniqueness of the altcoin cannot be stable, it can change at any time in unexpected periods of time.
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