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Topic: Is 2018 the year of stablecoins? - page 2. (Read 945 times)

full member
Activity: 336
Merit: 101
March 17, 2018, 05:45:39 AM
#57
I think that the market has now become very unstable and it is difficult to make forecasts about certain coins, especially for the long term
newbie
Activity: 55
Merit: 0
March 17, 2018, 04:36:44 AM
#56
just hold bitcoin , as per my knowledge we have to be patient , i spoke with different people everyday abot this  and their only recommendation is to hold it .
jr. member
Activity: 165
Merit: 1
HI : HEALTH
March 17, 2018, 04:09:53 AM
#55
«Allocating to cryptos may be risky but the risk return has been hugely positive in the last few years. However, the lack of price stability still prevents the wide adoption of cryptocurrencies from several sectors such as institutional money. There are also a set of cases where a stablecoin is required even for a very short period» (read it here: https://medium.com/@globcoin_io/bringing-stablecoins-to-the-next-level-357879430b0f)

What's your opinion on stablecoins?
I`m confident, that an ideal stablecoin should be able to withstand a great deal of market volatility, should not be extremely costly to maintain, should have easy to analyze stability parameters, and should be transparent to traders and arbitrageurs. These features maximize its real-world stability.
member
Activity: 350
Merit: 11
March 17, 2018, 04:04:30 AM
#54
«Allocating to cryptos may be risky but the risk return has been hugely positive in the last few years. However, the lack of price stability still prevents the wide adoption of cryptocurrencies from several sectors such as institutional money. There are also a set of cases where a stablecoin is required even for a very short period» (read it here: https://medium.com/@globcoin_io/bringing-stablecoins-to-the-next-level-357879430b0f)

What's your opinion on stablecoins?
Hi, to my mind, stablecoins are just currency pegs, and currency pegs are certainly not impossible — there are many currency pegs still being maintained.
legendary
Activity: 3290
Merit: 1128
March 17, 2018, 04:03:57 AM
#53
There is already stable coins in the world, like fiat and bonds, the principles of crypto are others, if markets make hard to connect these assets for sure some cryptos will develop to add liquidity and make a bridge like tether.
True. There are already fiat currencies in the world and there is really no need for fiat coins to be honest. Fiat coins were useful only when anonymous exchanges didn’t have fiat currency trading pair, but now as most of the exchanges are getting regulated, the have option of trading with fiat currencies.

Also stable coins are centralized and redefine the meaning of crypto currencies as cryptos are based on decentralization and anonymity. Cryptos must be treated as assets, but digital coins like tether can be said to be a currency as they don’t fluctuate much in prices.
full member
Activity: 364
Merit: 100
March 17, 2018, 03:30:18 AM
#52
«Allocating to cryptos may be risky but the risk return has been hugely positive in the last few years. However, the lack of price stability still prevents the wide adoption of cryptocurrencies from several sectors such as institutional money. There are also a set of cases where a stablecoin is required even for a very short period» (read it here: https://medium.com/@globcoin_io/bringing-stablecoins-to-the-next-level-357879430b0f)

What's your opinion on stablecoins?
About the price stability can only be said in part, in this year it was clearly shown how volatility simply killed many investors. And while there is volatility to people it is interesting, with stability it is better to invest in gold or assets.
newbie
Activity: 76
Merit: 0
March 17, 2018, 03:29:00 AM
#51
I believe 2018 will be a stable year, but not now
newbie
Activity: 55
Merit: 0
March 17, 2018, 03:26:41 AM
#50
Not at all. see we don't have to forget that mother of crypto-world is Bitcoin only , we will see lots of ups and downs as well as volatile market but still Bitcoin is the most stable coin according to the chart ..
check teh chart and you will understand. - https://coinmarketcap.com/currencies/bitcoin/#charts
newbie
Activity: 154
Merit: 0
March 17, 2018, 03:22:28 AM
#49
I personally think 2018 is the crucial time for all new coin and altr coin . only good and potential coin will be good . so may coin are on the way to in the  market . if the market is green then its ok but if market red then its too risky for new coin
full member
Activity: 448
Merit: 101
March 17, 2018, 03:06:30 AM
#48
«Allocating to cryptos may be risky but the risk return has been hugely positive in the last few years. However, the lack of price stability still prevents the wide adoption of cryptocurrencies from several sectors such as institutional money. There are also a set of cases where a stablecoin is required even for a very short period» (read it here: https://medium.com/@globcoin_io/bringing-stablecoins-to-the-next-level-357879430b0f)

What's your opinion on stablecoins?
I don’t think the year 2018 will wholly be of coins being stable. Moreover I don’t think that coins are even stable currently. The volatility in the market currency is higher than ever before. Crypto currencies have gone under huge correction after a huge pump in December 2017 and January 2017. The crypto market is in its worst dip currently and it’s the best time to invest because I don’t think crypto’s will fall down more or remain stable for long. In the month of June, crypto market will rise and see a bullish trend for sure.
hero member
Activity: 980
Merit: 506
March 16, 2018, 08:41:45 AM
#47
There is an advantage and disadvantage of the stability of coins. The advantage of price stability is that the trade or investor will not fear of his capital or money that he put in cryptocurrency wallet. The devaluation of coin also may prevent when the price is stable. But somehow, the disadvantage of price stability is good in a matter that we will not fear for the tomorrow's value of the coin thay we hold. It is an advantage for a trader who really knows about trading and knows how to play the game of trading.
Price stability is really needs by economy to prevent inflation or economic crisis but it helps to boost the economic growth.
Indeed. There are disadvantages and advantages for everything in the world. Its like two sides of the coins. The advantages of stable coins is that they are less volatile in the market and are the least risky coins to keep money invested it moreover, they are usually centralized, so they might find a way to mainstream of a country and someday become a currency.

Whereas on the other hand stable coins have disadvantages such as the profit is also negligible if we invest in them, also they are based on centralized network which means the security and privacy of the transactions is compromised.
newbie
Activity: 182
Merit: 0
March 16, 2018, 08:12:20 AM
#46
crypto markets cant not be stable for long period , bcoz its all about fud and fomo ,,
so either it will pump or dump .
bcoz if get stable then people will have no scope to earn profit .
newbie
Activity: 140
Merit: 0
March 16, 2018, 08:09:26 AM
#45
Just a personal view and opinion, I think it's not this year yet. Stability is uncontrollable. This is due to the fact that this coins are not just used for simple online transactions. It is used by people to gain money. And in any time they just sell the coins depending upon there need or when they could profit. When these coin ratio of supply and demand changes its value as well changes. These makes it unpredictable. So stability may still be a question hanging in the process.
jr. member
Activity: 168
Merit: 1
March 16, 2018, 07:57:52 AM
#44
well 2017 is the crypto boom year while 2018 i think will be the crypto acceptance year,come back to this message at the end of 2018 and tell us have many governments are gonna accept crypto ,maybe a dozen.
full member
Activity: 363
Merit: 101
March 16, 2018, 07:23:26 AM
#43
What fun is it to invest in stable coins?  Cryptocurrencies is about creating fortunes like many already have.  Cryptos are a high risk investment with the possibility of high rewards.  Just don't throw your money at projects without researching, be patient and you'll eventually see profits. 
I agree with you. Crypto currencies are meant to be an asset and be volatile in nature so that investors can gain from it. But one can prevent loss and increase his holding by converting his holdings into stable coin when the market is falling and again converting the stable coin to old holding as the market begins to rise. In this manner lose can be prevented and also one’s holding can be increased. Alongside crypto currencies, it is also necessary to have stable coins to ensure and secure our profits during dips.
sr. member
Activity: 798
Merit: 251
Small Trader
March 14, 2018, 07:02:58 PM
#42
Not all coins are stable in 2018. In fact, all coin prices follow the rise and fall of Bitcoin prices. And I noticed there are 2 fairly stable coins that is LTC and Monero.
member
Activity: 280
Merit: 11
March 14, 2018, 06:47:44 PM
#41
i really not think that is gonna be easy for the market to be stable forever, rightnow, the market is still bearing serious drops from the world news, it so sensitive that even a small bad news can make entire market drop badly, morover, no one is controlling the stablization of cryptos world, so it depends on big whale who can control the price whenever they want.
sr. member
Activity: 630
Merit: 257
March 14, 2018, 06:47:36 PM
#40
Year 2018 will be very important for crypto health. crypto-market is stable because of the fear among the investors so they had booked their profits. But i think soon them market will break the resistance with full boom so fasten your seat belts to have roller coaster ride in crypto world.
jr. member
Activity: 79
Merit: 1
March 14, 2018, 06:38:48 PM
#39
I think it will be. The volatility of all cryptos is killing the gains. Parking gains in a Stablecoin makes sense. I like Globcoin - it makes sense.

Have not heard of Globcoin before but there is many that want to stable with gold.
Here are some:


Puregold
DigixDAO
Pecunio
jr. member
Activity: 62
Merit: 1
March 14, 2018, 06:11:46 PM
#38
I think it will be. The volatility of all cryptos is killing the gains. Parking gains in a Stablecoin makes sense. I like Globcoin - it makes sense.
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