Topic: Stable Coins (Read 495 times)

If you're new and reading this, just stick to the top 25 or so coins. There really is no coin that is stable in price. The whole market has been volatile this year. But, if you stick to the top 25 or so coins on coinmarketcap, then at least you'll have established and stable projects.

The market is very fragile and very mutable this year..If you do not count Tether and TrueUSD, then the most stable coin is Binance Coin..Despite the volatility of the market, it has been stable since long time.

Have Guys, forgotten to mention DGD - more or less stable altcoins which can show the force and already shows her. Esteem about the project - excellent replacement to gold and interesting system. Well, concerning BNB I, of course, would argue.

Call me craz but binance coin is probably the more stable as other stable coins
https://www.coingecko.com/en/coins/binancecoin

All token and coin things are not stable. It can range from 10-20% per day for bitcoin and ETH. Other altcoins can go up to 1000% or 1000% if there is any news related to them. In this market the most stable coin is USDT

Beware of the word "stable" in this market. I can quote two "stable" currencies today:
Tether
TrueUSD

But if they always will be like this, it is impossible to say.

Stablecoins are an essential part of the adoption of blockchain itself. I think that some of the processes and internal points can be tokenized. However, the author of the thread mentioned not only stable coins.

Stable coins are the ones in top 10 plus those coin like kucoin and binance which is supported by an exchanges. These two coins wont go down easily and most like their value will get high.

In my own opinion, the stable coin are
Bitcoin
Ethereum
NEO
EOS
Litecoin
Waves
Tether
TrueUSD

I have never tried some of these coins, but if the coin is stable I think it will be better and maybe I will continue to research the coin. because listing new coins that look stable will be good for profit.

I think you need to learn more about stable coin, your listed coin are not stable coin, stable coin must have an underlying asset that makes their price stable, that's why it is called stable coins. Some example are Tether that  backed up by some traditional currency, and True USD, and swissrealcoin. etc.

I agree with you, doge coins are quite stable coins and from that I can also say that coins that have a large supply are coins that have high stability, but with that stability for me DOGE coin is not suitable to enter the list of day trading.

What do you mean by stability? Steady growth or stable price.

you forgot to enter dogecoin into the list doge is one of the coins that has the most stable price from year to year, you can see how much the price of doge a few years back and compare it to the current price is not much different

Volume and pricing are important in a coin but long term what about actual use cases for these coins, is there development in them and if so is it unique and value can be derived from it.

True enough stable coins are Tether and TrueUSD since the this coins are fluctuating only but very very little and it can't also develop. BNB for me can be considered as developed in which they have been a good service for all exchange coins/tokens to be in service of exchange.

Most of them on the list are not stable, except for BNB as well as most altcoins in the market are unstable. BNB is dominating for the past weeks/months because of its use however I am not a fan of BNB as well as USDT I believe this is a stable coin. In crypto, I believe that none of them are not stable I mean like stable for couple of months and years. Crypto is basically volatile in any way that's why whenever we invest into any coin/token let's ensure that we are vigilant with its usefulness and as well as the behavior of the market.

of the many altcoins that you mentioned, I will only choose Binance coin, I chose Binance coin because I have knowledge, data and information about Binance coin, I don't know other altcoins, so I can't say that altcoins are stable, Binance coin is altcoin which has great potential, their capitalization continues to increase, their trading volume is also good, the coin binance deserves to be called stable.

The cryptocurrency cannot be stable. Its price is changing all the time - it lets professional traders earn millions on it. Probably, you meant the most reliable crypto? I suppose, Ethereum and Komodo.

obviously there are not any coin more stable than usdt or tusd. But binance coin is worthy to have, because sometime trading with BNB is more profitable than BTC or ETH.

that much confidence is risky. short term was a very ambitious comment. it's better if you say it in the future. you've listed future projects. those who invest will, of course, win. they're patient and holder.

The market at this time no cryptos are considered stable coins. If you want to be safe and invest in the long term, then invest in BTC and ETH then hold long term. With altcoins, you should invest in ADA, XLM, EOS, XRP to make a profit in the short time.

The only advantage of these funds is that they are in the Cryptocurrency environment.

I agree, Sir. I think we can add one. minexcoin . not affected by the market's decline. because parking balances it.

i think it is hard to say stable word in cryptocurrency world. I only trust bitcoin but i dont think its price will be stable otherwise people wont give attention to it to make profit.

What exactly do you consider stable? ETP was at just $0.60 a couple weeks ago. It's been pretty downhill since last year just like everything else. Do you mean the project itself? It's actually been pretty rough with forks and having to issue new wallet releases all the time.

One of the stable coins are tether (usdt) those are not stable coins, and even there are some people seeing it as an investment talkin about its market cap etc. 

Cancelling these coins after recommending them is tantamount to deceiving people. People who used your advice might have lost fortune by now. I suggest you do your research well before recommending

That are not STABLE Coins - Stable Coins are Tether and TrueUSD that are going do the USD. All other are normal cryptocurrencys and are not stable...

Stable coins are those pegged to an asset. All of this other coins are still Volatile

My friend i don't think all these coins are the stable coins which you are demanding for or looking for and i don't recommend any of these coins except Binance coin and Decred as all the other coins are shit coins and you should be planning to invest in some other good coins like Tron, Golem, XRB, Ethereum classic and BTC cash.

only tether it's suposed to be "Stable Coins" , but not very intelligent to invest in tether , cause you invest in a scam project that can exit with your money any time

I think that ico will be successful only when the project is will be needed by society. so my choice fell on the project Tradelize, if you have not heard about it, then I advise you to get acquainted and you will understand why I think so.

The most stable token in my opinion is Binance coin. Just look at what happens to the token price during the market correction.

There are also stablecoins that are not pegged to an asset.

We know the US dollar is not backed by anything, yet it is still considered "stable" because of its wide acceptance.
However, its centralization and a lack of supply control are serious issues, that could ultimately make people lose confidence in it and result in devaluation.

Asset-backed stablecoins run into a similar problem. What if the asset that is backing the currency gets devalued? Is the supply of that asset mathmatically regulated? Can you trust the 3rd party custodians (middlemen) of the currency peg to accurately and honestly account for any asset devaluation? What if the 3rd party gets greedy and decides to implement fractional reserve lending behind the scenes? It really all boils down to trust.

With decentralized and non-asset backed stablecoins, there is no trust needed. For example, BitBay (BAY) will use a voting system to regulate the supply, and every user has their say in the currency's value.

In a system like this, the painpoint then shifts from trust to volume. The more volume the decentralized stablecoin has, the higher capability it has of being stable.

If any project can solve those 2 issues above, it will be far more stable and effective than any asset-backed (collateralized) stablecoin.

Here is a well-written article on this whole topic:
https://hackernoon.com/stablecoins-designing-a-price-stable-cryptocurrency-6bf24e2689e5

would be interesting to see a real stable coin because even FAT currencies are not stable at all. That could really have a big future. so wealth could be achieved and protected more easily. Bad for investors but good for "normal" people!

Havven not stable at all! This is for sure! and yes now on market I can see only 2 stable coins Tether
TrueUSD. This is really stable coin, not just by name. Anyway decred not bad at all. More better than other coin. BNB this is just exchange coin and now you can use it only on Binance. I don't think this is stable situation.

The coins you label are unstable, they may be suitable for short-term investments, but not for long-term holdings!

I think that these coins are stable because nobody is interested in them. One fat investor will leave the project and they are waiting for a crash. They do not compare with Bitcoin or Ethereum.

You're correct here the assets tethered to a FIAT currency are considered coins that are stable in value

Also one more to look out for when it becomes available: https://cointelegraph.com/news/ibm-backs-new-us-dollar-pegged-stablecoin-that-runs-on-stellar-network

Stablecoins are pegged to (and reflect the value of) an asset. None of those or the ones OP listed are stablecoins. Legitimate examples include DigixGold, Havven, TrueUSD, BitUSD, Tether, MakerDAI, and I'm sure plenty of others I am unaware of.

Sorry To say, this list is not perfect. Did you pick some coin only for promotion? I think some stable coins are

1. EOS
2. BNB
3. NEO
4. ADA
5. ARK

Though some coins price is very low now comparing previous prices but still they are safe, secure and stable coins.

you still get price volatility if stablecoin supply is too low: see steem dollar that Korea bought up to $13 for no reason and it was falling back to its collateral value of $1 as expected lol. that chain actually does have 0 fees, but people can't generate their own stablecoin. EOS, however, would be able to do that, but without a universal order book & decided upon smart coin it might also get too diluted and get volatile.

the only actual stablecoins right now are on bitshares for past 4 years with very stable fees due to live network capacity in many thousands of tx per second, being the most used dex definitely helps their success especially in asia where bitCNY is popular. They still have the fee, but good enough for United Nation remittance project

Are you sure that you know what stable coins means? it seems that you need also need some advise on what are really the stable coins.
List of Stable Coin Cryptocurrency Projects
List of decentralized Stablecoins

***Note: It is a misconception that currencies have to be pegged or backed by an asset to be stable.

A big one is missing from this list: BitBay (BAY)
Its dynamic soft peg is a method of flexible and decentralized supply control... that limits volatility. Non-collateralized, so no having to trust in a 3rd party custodian.

It will be released before year's end 2018.

Some more info on it here:
http://bitbay.market/dynamic-peg

https://youtu.be/B2xsqWR2PMs

In the altcoin you listed, I like most Binance, I think it really is a most altcoin in the altcoins on. Because it is run by a young Chinese and works very well. Binance's trading platform only has good altcoins and does not have a bad altcoins. This is really something that I highly value in Binance and that also demonstrates the long-term development.

BitBay's will be truly decentralized.
No collateral or reserve token needed.
It's a soft peg so price can still fluctuate = Highest growth potential out of all the other stablecoins
Release date set for late Q3 to early Q4 of this year.


https://bitbay.market/downloads/whitepapers/bitbay-dynamic-peg.pdf

Havven token is not so stable, you can see that even the stable coin of havven still get a lot of volatility. It can't be considered as a stable coin and all of the formula that has already implemented by the havven project is failed. This based on the fact that has already happened with the havven token price.

Nice, he got it completely wrong. Thanks for correcting him, so he wont mislead newcomers. There is also new token called nUSD which is a part of Havven project, that should be performing as a stable coin. I have only used tether, though.

I’d like to feature that Tether has additionally run into issues with the SEC for being tied to the usa dollar and appearing as a protection (in their belief) that can very well be its downfall. Ironic that it’s intention is balance however this aspect round compliance has created greater inherent risk for its ability achievement.

Agree on that. For now only Tether and TrueUSD are stable. The others are still going up or down with BTC. With the current market BTC up does not mean, alts are going up to, but mostly alts will go down, when BTC goes down. Strange market. If you want to play safe, go with Tether and TrueUSD.

How do u classify these as stable coins?

I think stable coins are those that have a tagged value like USDT, tUSD, DAI, etc.

I would recommend joining the project Tradelize. An ecosystem where ProTraders gain a unique trading toolset and investors achieve investment results equal to those of the best ProTraders. In my opinion, it will give a good profit to its investors in the future. It is perspective project.

You are right, these two coins are stable value but peoples expectation is good growing value. So stable coins are not reach the huge marketcap on short period.
But main advantage of these coins are Cryptocurrency, so some true investors are like to participate in this platform.

Lol, yeah these coins have a proven track record already  .
Dude stop posting nonsense as all the coins you listed (except binance coin and decred) are shitcoins.

Yes very nice info, but let us not forget the most stable of them all. Bitcoin, Ethereum and NEO.
We can't really judge coins but all we can say is to be on the safe side, let us use the terms "the most likely coins to be adapted for their cause".
I believe coins become stable when people actually use them in real life situation. So there are tendencies when a country is regulated, they accept this specific currency, most likely it will be Ethereum or Bitcoin but if it's not the two of them, this specific coin will be the most STABLE coin ever if that will happen.

For the new people in crypto like you, let me list some real stable coins.

Decred
Binance Coin
Ravencoin
Tezos
Ravencoin
Metaverse ETP
Tether
TrueUSD

 For the new people in crypto, let me list some stable coins.

Decred
Binance Coin
Ravencoin
Tezos
Ravencoin
Metaverse ETP