Topic: DO WE REALLY NEED MORE STABLE COINS? - page 2. (Read 17385 times)
Yes, we need more stable coins pegged to other currencies especially, not just the USD all the time. Most stable coins I know (USDT, TUST, USDC) are all pegged to USD, so why not mate? We need more stable coins. They help traders to reduce volatility of the market.
The more stable coins, the better, as with more options available on major exchanges, you can diversify your portfolio and you don't need to put everything in Tether. So it's very convenient.
Yes, stable coins are not just tether so if you want to choose a stable one, it's better to look at some of the other coins first even though tether is also a stable coin in the market.
Why do we need more than ONE stable coin? I don't understand why there are some of these.
Why not?
More stable coins gives more option to traders and I see it a positive thing for the market, more competitors is a sign of a growing market.
It's like saying: choose an ice cream flavor, then you ask what are the options, and I tell you: there are 5 different options, but they are all chocolate.
Why do we need more than ONE stable coin? I don't understand why there are some of these.
Why not?
More stable coins gives more option to traders and I see it a positive thing for the market, more competitors is a sign of a growing market.
Why do we need more than ONE stable coin? I don't understand why there are some of these.
I know it's good for who wants to store their money escaping from the high volatility of crypto market and also espaping from a possible high inflation over their local currencies that depreciates their savings too fast, but I see no reason to have lots of stablecoins.
I know it's good for who wants to store their money escaping from the high volatility of crypto market and also espaping from a possible high inflation over their local currencies that depreciates their savings too fast, but I see no reason to have lots of stablecoins.
If you want a stable coin I think you are in a wrong way. You are here in crypto industry and the main characteristic of crypto currency is not stable. So you don't have to find a stable coin. And how will you perform an trading activity if coin is stable? Make sense. Even you invest in real state or in gold jewelries nothing is stable.
I see that there are two interests here, the government wants stable crypto coins like paper currency with a reason to protect its citizens who are crypto investors. While the speculators as the biggest crypto traders want crypto prices to fluctuate, because from there they expect profits.So the crypto price will always fluctuate for smooth trading, because with the busy price of crypto trading it can fluctuate rapidly where money is circulating during large transactions. With trade, crypto will last forever.
In terms of needing stable coins, I do not think that there is a need for it. What I mean is, even with the current volatility that cypto currency has, it is still able to attract the attention of investors. We have seen this growth because of how unpredictable the crypto market is. The same way with playing games, it is a rule of thumb to realize that the higher the risk there is, the higher return you will also receive. This has always been the appeal of crypto.
The more stable coins, the better, as with more options available on major exchanges, you can diversify your portfolio and you don't need to put everything in Tether. So it's very convenient.
I think that stabecoin is only to put when our assets are decreasing, and that it is also quite stable in the cryptosphere because the goal is nothing more than the same
My answer is no, why we need another stable coin if we already have so many stable coin such as usdt tusd gusd pax dai and usdc?
It's too much now and not really needed this time.
I don't see the urgency to see another stable coin again.
It's too much now and not really needed this time.
I don't see the urgency to see another stable coin again.
Stable coin like USDT needed if we are trade in market. If we are trade in market, USDT very useful when market looks bearish and to safe our portfolio value in USD. Most crypto investor still need fiat to withdraw their profits and i think stable coin like USDT always needed
Now there is simply no stable coin on the market, any drop in the rate and all new altcoins are also falling automatically. Now it's best to either take part in bounty programs or invest in work projects, i want to give you an example http://gexan.io/
And what a project, is there any more detailed information about it?Now there is simply no stable coin on the market, any drop in the rate and all new altcoins are also falling automatically. Now it's best to either take part in bounty programs or invest in work projects, i want to give you an example http://gexan.io/
And what a project, is there any more detailed information about it? 
Some friends of mine always lament that 'we need more stable coins in the cryptosphere' and I think that is highly achievable looking at the promising prospects that has been achieved by tether. It seems some upcoming projects are also promising to introduce stable coins. Is it possible to have more stable coins on the crypto market? What would really happen if we get more stable coins on the crypto market, would the volatility reduce?
if it's only stable but not profitable it's just as useless, I don't think that in this crypto market there is nothing really stable.
I agree that tether is an altcoin that is more stable than other altcoins, but in the industry there is no guarantee because its fluctuating value is different from the real stock market.
Now there is simply no stable coin on the market, any drop in the rate and all new altcoins are also falling automatically. Now it's best to either take part in bounty programs or invest in work projects, i want to give you an example http://gexan.io/
My answer is no, why we need another stable coin if we already have so many stable coin such as usdt tusd gusd pax dai and usdc?
It's too much now and not really needed this time.
I don't see the urgency to see another stable coin again.
It's too much now and not really needed this time.
I don't see the urgency to see another stable coin again.
Stable coin like USDT needed if we are trade in market. If we are trade in market, USDT very useful when market looks bearish and to safe our portfolio value in USD. Most crypto investor still need fiat to withdraw their profits and i think stable coin like USDT always needed
If you want a stable coin I think you are in a wrong way. You are here in crypto industry and the main characteristic of crypto currency is not stable. So you don't have to find a stable coin. And how will you perform an trading activity if coin is stable? Make sense. Even you invest in real state or in gold jewelries nothing is stable.
Actually, 2018 was the year of the stablecoins. My opinion that we are having enough coins right now, we can go ahead with that we have. I would like to mark the betters ones from my point of view - makerDAO and USDC.
Yes, we need more stable coin in this space because most of the coins in the market now tend to be shit. It's better to halt ICOs and develop on the already existing projects.
Yup. no need to follow trends and buy new coins where owners freeze funds
Altcoins that are stable is good for day traders and for those who hold. This way of action is a part of crypto that can benefit anyone who has a stable coin.
stable coints are very good for mass transactions like USDT but do we still need more stable coins ... 
I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
Of being the state of instability for all crypto coins makes a reason why we still here and get profited. Due to its price fluctuations make everyone feel better than being in a stable market. I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
I really don't know and I don't believe that everyone wanting to have a stable coin, maybe everyone wants to have a stable market than of prices.
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