Topic: DO WE REALLY NEED MORE STABLE COINS? - page 9. (Read 17385 times)
If we talk about the fact that crypto in the future should be used to pay for various goods and services, in this case, stability is indispensable. I think that to fully stabilize crypto does not work, then some steel coins will still be.
I think we're moving in that direction. The appearance in the future of a large number of stable coins it is what awaits us. But it's good or bad for you to decide.
A stable coin is a coin that is sought after by many people, because stable coins in the future will help you make a profit.so in a market like this, many people are looking for stable coins. but it also depends on each person's taste, and which one you think is a good coin that can be profitable.
I think we're moving in that direction. The appearance in the future of a large number of stable coins it is what awaits us. But it's good or bad for you to decide.
The current amount of these coins is already saturated, but acceptable.
If they continue in this rate of emission there won't be much for this here to become stock market or even forex.
This situation is a group of people who have an interest in deceiving people and getting the best projects at minimum prices.
Of course it's just my opinion, but I don't know it's hard to imagine anything other than this conspiracy to get good cheap cryptocurrencies.
If they continue in this rate of emission there won't be much for this here to become stock market or even forex.
This situation is a group of people who have an interest in deceiving people and getting the best projects at minimum prices.
Of course it's just my opinion, but I don't know it's hard to imagine anything other than this conspiracy to get good cheap cryptocurrencies.
We already have enough stable coins in the market, except hat the ones available at the moment are not effective enough, not serving the purpose for which they were released or that any of them is seen as scam. Then if there is any that will be added, it should be more effective than the ones already in the market.
I do not think that stable coins are the future of cryptocurrencies. Otherwise, the crypto market will not differ from the Forex market. All the same, cryptocurrency is a wild volatility, risk, and crazy profit. That's why people come here. That is why, for example, I now invest all my money in Sound Money Coin.
if for now I think if you want to have a stable coin for the price it is very difficult especially with the low market conditions like this really sad, of course, can only wait for the market to return to normal so that the coin will also have a favorable price, maybe now for coins that we have held can only be saved first until the price is truly profitable.
It seems to me that if all the coins are stable, there will be no interest in investing in them. And now it’s interesting because any coin can now jump to the skies.
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?
I think there will be no more stablecoin in the market. This is a general model and it should only have 1-3 such businesses. Our market does not have much demand for holding a variety of stablecoins because it is not profitable for them.
I think that the phrase “the more the better” is not applicable , when talking about the stablecoins. The market would have had one or two 100% reliable coins. The main thing is that the coin is stable, and does not fluctuate in price by 10-20% as it sometimes happens with the usdt.
i dont think so. stability is not a feature of crypto market. if someone needs stable currency, he can buy gold or keep usd. but in crypto volatility is so high that is why many people invest in crypto market.
Your statement is exactly why stablecoin exist its main function is to provide you a digital version of USD or GOLD because USD and GOLD are not digital things so exchanging from crypto to USD or GOLD will be a pain in the ass.Stablecoin exist to fill that gap and they seem to be really succesfull at that.
i dont think so. stability is not a feature of crypto market. if someone needs stable currency, he can buy gold or keep usd. but in crypto volatility is so high that is why many people invest in crypto market.
I think the purpose of stable coin is mainly for hedging purpose
Do we need more? No
But we do need a more transparent stable coin with great policies to protect investors
Is USDT good? imo no, from most of the news i read, seems like their coin is not backed by enough of real USD
One of the good stablecoin i seen recently shall be TrueUSD
It seems to offer more transparency
Do we need more? No
But we do need a more transparent stable coin with great policies to protect investors
Is USDT good? imo no, from most of the news i read, seems like their coin is not backed by enough of real USD
One of the good stablecoin i seen recently shall be TrueUSD
It seems to offer more transparency
if the coin is stable I don't think but what I need is a stable market because if the coin is stable it will make it difficult for us to get the price of a coin at a low price and also difficult we get a big profit if the coin is always stable
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?
Not. We do not need stable coins, because they all turn out to be not stable, but some kind of shit. They cost exactly a dollar so long as you don’t need it, and as soon as you buy them in order to save your money, they immediately begin to fall in price. I already got into this situation, so I do not believe them.
If we want the cryptocurrency being more popular in crypto industry we do not need stable coins it is because the traders and investors they will not getting any profit from stable coins, we need the market volatility so that we can buy cheap and sell high.
sounds like a cryptocurrency trader's dream. And so it sounds very easy, but in fact it is not easy 
If we want the cryptocurrency being more popular in crypto industry we do not need stable coins it is because the traders and investors they will not getting any profit from stable coins, we need the market volatility so that we can buy cheap and sell high.
We certainly need stable coins, high-quality, fast, with a strong team, but in a large number of such projects, I do not see much sense, 5-10 pieces would be enough in full
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?
I am sure we do. It will invite people to trust cryptocurrency if they see that there are a number of coins that is stable and not fluctuating all the time. It can also mean that those coins have real value because of their technology and more people are trusting them. It is just like mob mentality, they see a lot of people trusting crypto so more will be attracted to trust it. This will further stabilize the market for crypto.
Competition bring the best in the market. When you know that someone want to overtake you; you will sit up. Mores stable coins will be a welcome development.
I'm not sure there will be a stable coin. the crypto market may be very fast moving, compared to other investment markets. if you want to invest in a stable asset, maybe gold is the best choice for those of you who don't like risk. Jump to: