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Topic: Are stable coins the solution for price volitility? (Read 364 times)

member
Activity: 489
Merit: 16
www.cd3d.app
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.
sr. member
Activity: 1610
Merit: 294
www.licx.io
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.
full member
Activity: 638
Merit: 118
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!
member
Activity: 336
Merit: 11
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.
sr. member
Activity: 826
Merit: 256
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.
legendary
Activity: 2030
Merit: 1028
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
full member
Activity: 840
Merit: 101
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.
sr. member
Activity: 812
Merit: 250
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.
member
Activity: 560
Merit: 11
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
legendary
Activity: 2366
Merit: 2054
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.
Crypto haven't rules has porbiden any country, goverment not yet and still make rules for new crypto technology
full member
Activity: 812
Merit: 114
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!
member
Activity: 473
Merit: 11
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
full member
Activity: 952
Merit: 104
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.
hero member
Activity: 1918
Merit: 564
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.
full member
Activity: 882
Merit: 126
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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
full member
Activity: 602
Merit: 111
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.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
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
hero member
Activity: 1540
Merit: 500
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. 


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.
member
Activity: 616
Merit: 10
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.
yes I agree with you friends, for me too, if the coin has no development, it is only stable, not attractive. Maybe not for me alone. But investors also think, how money itself can develop and can generate profits if the coin do not develop
sr. member
Activity: 882
Merit: 269
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.
There is notting much any one can do about the stability of bitcoin and altcoins price except the forces of demand and supply. It is the laws of economic that bitcoin is also following. If the demand keeps increasing which will likely happen then the volatility will be there no matter how many stable coins we have in the market.
member
Activity: 537
Merit: 12
no, stable coins are not a solution to price volatility, they are only as a counterweight to prices in the price volatility in the market exchange. but remember this is not a solution to the price volatility in the market.
Almost so. Stable coins look like a prop or an island of silence in times of volatility.
In the stock market, investors often convert their assets into dollars. Hedging is also used. However, there is always mainstay like a dollar. Crypto assets can also have a dollar as a base.
member
Activity: 506
Merit: 10
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.
legendary
Activity: 3668
Merit: 6382
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Is this really the correct solution?

I think that stable coins are part of the problem and make it worse; they're not the solution.

The solution would be healthy volumes. Volumes that are not driven by speculation bots selling and buying and equalizing the prices between various exchanges. The solution would be exchanges with no 0-fee and fake volumes. The solution would be to allow the market mature.
full member
Activity: 700
Merit: 101
no, stable coins are not a solution to price volatility, they are only as a counterweight to prices in the price volatility in the market exchange. but remember this is not a solution to the price volatility in the market.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
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. 

it is not the only reason available to solve these kinds of problems because it involve lots of politics and also lots of confused decision will made this type of situation to be happened otherwise if we find the right situation only we can easily solve them
copper member
Activity: 1050
Merit: 500
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.
legendary
Activity: 3108
Merit: 1029
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.
newbie
Activity: 17
Merit: 0
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. 
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