Topic: Neo based Stable coin will change Stable coin history...? (Read 284 times)
Actually for me stable coin is good to have and we have different here then base in your point OP that Neo with low fees compare to other then i think that's better to use still i recommend the trusted already even they have high fees for security and i think their fees is really not high,Moreover i more on saving money with fiat currency because i still trust this and this is run already for so long period of time
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I think you have some wrong idea about stable coin. First of all, stable coins are for the liquidity of your investment and taking some instant profit. There's no other reason. If you are referring to the fee, it's nothing. You will not liquid $10 with tether. It will be a big amount where $4 is a tiny amount.
you are in a wrong idea too..fee will be a very big problem if BTC passes the $50,000 mark. No one will use BTC/USDT/Crypto if they need to pay $10-$20 fee per transaction.
So maybe people can convert their bitcoin to another coin before they can send it into another wallet. That is what they can do if they don't want to pay with a high fee. Luckily, we have so many coins that we can choose, and many of them don't have a high fee for the transaction fee so we can easily choose one coin to be converted from bitcoin.
I never used stable coins but as far as I know, exchange charges btc as fee when you send btc, eth when you send eth and USDT when you send USDT. If that's the case, how can the fee turn into $10-$20. Looks like I have missed a little to some part of your theory.
Fee will increase when unconfirmed transaction increase and btc/eth value increased. It happened last crypto boom(2017 dec). and you can see another up movement last week.Here is the link for block details
I think you have some wrong idea about stable coin. First of all, stable coins are for the liquidity of your investment and taking some instant profit. There's no other reason. If you are referring to the fee, it's nothing. You will not liquid $10 with tether. It will be a big amount where $4 is a tiny amount.
you are in a wrong idea too..fee will be a very big problem if BTC passes the $50,000 mark. No one will use BTC/USDT/Crypto if they need to pay $10-$20 fee per transaction.
I think you have some wrong idea about stable coin. First of all, stable coins are for the liquidity of your investment and taking some instant profit. There's no other reason. If you are referring to the fee, it's nothing. You will not liquid $10 with tether. It will be a big amount where $4 is a tiny amount.
you are in a wrong idea too..fee will be a very big problem if BTC passes the $50,000 mark. No one will use BTC/USDT/Crypto if they need to pay $10-$20 fee per transaction.
There is lots of different stable coins on different blockchains.
I don't think any of them did or will change the history neither neo-based stable coin won't.
I don't think any of them did or will change the history neither neo-based stable coin won't.
I think you have some wrong idea about stable coin. First of all, stable coins are for the liquidity of your investment and taking some instant profit. There's no other reason. If you are referring to the fee, it's nothing. You will not liquid $10 with tether. It will be a big amount where $4 is a tiny amount.
I think this whole Vaznya with stable coins just because investors are thrown at money. Who wants a stable coin without growth. I need something that will change my life 1 once and for all.
I think you have some wrong idea about stable coin. First of all, stable coins are for the liquidity of your investment and taking some instant profit. There's no other reason. If you are referring to the fee, it's nothing. You will not liquid $10 with tether. It will be a big amount where $4 is a tiny amount.
Well if the Neo network is coming up with an instant transaction and zero fee stable coin then obviously it is going to be massive because it will stand out from the competition i hope this will be launched soon and also it will bring massive gains to neo holders as well.
I believe that this is another useless coin that no one needs at this stage of market development. I think that now there are too many stablecoins.
It totally depends on how transparent the neo team are towards the stable coin, because I can tell you that 80% of the stable coin in the market lie about how they come about their market being stable.
Stable coin are mostly centralized and the only difference between stable coin and the bank itself is that unlike financial institutions, stable coins don't ask for verification before making purchase which is a very good thing because one can hold all his/her funds in a stable coin that will never lose its value or gain more value.
Stable coin are mostly centralized and the only difference between stable coin and the bank itself is that unlike financial institutions, stable coins don't ask for verification before making purchase which is a very good thing because one can hold all his/her funds in a stable coin that will never lose its value or gain more value.
I am unaware that NEO will innovate on this. But I have a question that interests me. How much fee will NEO charge? Perhaps the current price is less, but will it be less when the price will the same as BTC?
It will be ''0'' when transferring among neo blockchain
I still don't understand what is the advantage of having a stablecoin...if I need to have $ or Eur I think it's better to change crypto to FIAT.
99% crypto exchanges use crypto/crypto trading pairs not crypto/FIAT. so can you change your Crypto to FIAT every day or on every exchange when you need, That is the advantage of having Stable coins
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Also, there is no stable coin that is guaranteed by a trusted third party escrow.
you are right here this is still a real problem.
Hey. what do you think about this forecast?
Neo Price Prediction 2019 - Neo Price To Touch $200 USD by 2019 End
how realistic is that?
Neo Price Prediction 2019 - Neo Price To Touch $200 USD by 2019 End
how realistic is that?
maybe, It already touched $180 feb 2018. touching again will be very easy when bull market starts.
I am unaware that NEO will innovate on this. But I have a question that interests me. How much fee will NEO charge? Perhaps the current price is less, but will it be less when the price will the same as BTC?
Well OP, that is an opinion you have just given. We must have to wait for stable coin to be lunched on NEO platform and see if it will disrupt those that already exist on other platforms, such as ethereum's.
Transferring USDT might be expensive, but let's also take cognisance of others, since there are several of ten.
Transferring USDT might be expensive, but let's also take cognisance of others, since there are several of ten.
I still don't understand what is the advantage of having a stablecoin...if I need to have $ or Eur I think it's better to change crypto to FIAT. Also there is no stablecoin that is guaranteed by a trusted third party escrow.
Not all exchanges offer fiat trading pairs, so stablecoins are quite handy to trade on decentralized exchanges for example.
Now, whether it's safe to hold your funds in those stablecoins is a whole different story...
every time a moderately new coin comes out people think the same thing, they always say this is going to change everything and be the number one. but each time we are only left with a big disappointment as we see these new coins are no different than the older versions of themselves. they just have a new name and a new face but they are exactly the same everywhere else that counts.
Lately, it seems most people are interested in projects that seeks to create stable coins. You need to understand that the high volatility on the crypto markets does not allow room for more stable coins. Although tether and co have achieved high level of success as stable coins, many projects have failed to produce stable coins.
It doesn't matter which platform a stable coin is listed, the most important thing here is trust, do people trust that the tokens you offered are being backed by assure asset, we have many stable coins in 2018 and none so far as big influence in the space as Tether. Again remember if you are moving 10USDT and 1000USDT you pay themsame transaction fees, so your argument here seems faulty in its premiss
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