What do you see as a stable coin?
I have this feeling sometimes that people see stable coins as the coins that only rise in value (constant bull). And when the same coin stagnates it becomes a nonstable coin really fast for this person.
Topic: Stable coins - page 4. (Read 614 times)
At this time there are many coins which are stable in the market. And price of coin will be increase surely. Growth of a coin is fully depended on the trust of investors and definitely coin itself.
Stable coins will not fall in price, and will not bring good profits. There will always be a positive and negative side.
Why do you invest and risk?
Why do you invest and risk?
Stabilization coin is a new trend in the market is going down and unstable as today. Trader will have a safer option when owning it. However it is like other coin, depending on the financial situation of the company that created it.
I do not advise to trust stablecoin. The same tether can be a fraud at any moment. If you came to the crypt, why not choose Bitcoin as a stable coin?
Stable coins? I personally don't see any coin being so stable asides the BNB. To me its has been stable for the longest period of time. Other coins are really hanging well as the market recovers. All in all being more stable means a generally better market . But still remember our assets are still under priced.
More stable coins means more balancing in crypto space ,think of other countries with different languages ,I think its good ifvall countries has there own stable coin ,we cant use usdt only forever and i usdt is only good for trading because presently you can't withdraw to wallet kinda confusing too as there are two types.
I think Stable coins which are pegged to Gold & USD are doing well in the market rest are based on other assets like larimer, Emerald etc are not doing well due to liquidity issues & lack of awareness about the rest of the stable coin. Stable coins are good in the cryptospace to tackle the volatality & can be used to preserve the values of the coins when market drops in the price. Always go with the Well know stable coins like DAI (by DigixDAO), USDT (Bitfinex), TUSD (Trust Token), USDC (By Circle & Polonix), GUSD (Gemini Exchange).
Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?
I didn't see it, because too many altcoins were traded. but there is always a good choice in investment or trade whether it is stable or not. because crypto basically has properties that are very difficult to set in other words it will not be stable ..
Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?
Investors will not be happy if coins are stable as they need the increase and decrease in pricing to make money. However, stability is what encourage adoptions, retails and wholesales business both online and offline need stability in other to adopt cryptocurrencies. To me stability is the best and we should be happy if about 100 are become stable.
I also don't know if there are 100 stable altcoins at the moment, I also don't really observe the altcoin developments so far, I am still learning how to assess stable altcoins, I observe that there are many income differences regarding stable altcoins, some say altcoins the stable takes up to 1 year.
I agree with you, but still be sure that all altcoins will improve as we expected.
I don't think there are any stable coins in the market right now, even the price of USDT is constantly changing, and I don't think the market needs so many stable coins!
I only know of USDT and TUSD that are pegged to the dollar and are "Stable coins".
Best way to preserve the value on a bear market without pulling out crypto to fiat.
Best way to preserve the value on a bear market without pulling out crypto to fiat.
i believe there are about a dozen of stable coins currently in existence but majority of them are too small that aren't even worth talking about. that leaves only USDT which has a high volume.
by the way they are not the "best" way to preserve your value because they are risky coin and although coins like USDT rarely go down in price but they are still centralized and can crash hard if something were to happen to the company creating them.
I only know of USDT and TUSD that are pegged to the dollar and are "Stable coins".
Best way to preserve the value on a bear market without pulling out crypto to fiat.
Best way to preserve the value on a bear market without pulling out crypto to fiat.
Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?
100+ stable coins ? If I may ask, what is your definition of stability ?As far as I am concerned, there are just very few coins that are pegged to a physical asset and the supply based on a physically backed supply and if you really want to start mentioning names they are quite few and even at that, i still will not consider them stable, or probably would just say they are less volatile instead.
I really do not think even if we have 100+ stable coins will have a negative impact, it is a market, and I am sure as time goes on with regulation, a lot of things would change, so in that case, one way or the other, any stable coin would always be pegged to something.
positive definitely, although there's been a lot of FUD regarding tether, which costed me a lot of money, that's the only negative thing not the coins themselves
I didn't know that there are more than hundred of it, I only know few of it.
It has a positive impact and if you aware tether prints worth $250M of tokens, it has been said that it contributed to the bull run last year.
It has a positive impact and if you aware tether prints worth $250M of tokens, it has been said that it contributed to the bull run last year.
And also the reason for the fall this year.
It is an escape pod for the whales and they are all happy by now thanks to Tether.
They made profit in crazy heights when the bull run happened and suddenly sells a large amount which causes a big red mark to all the crypto currencies. Yes we have been played. Looks like their advisers are quite good or have some good connection with the stakes holders.
Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?
Which stable coins are you talking about? Tether and similar or just coins with 0 volume on the markets?
We may have different opinion on specific coins but the is just a very indicator that the Crypto Currency Market is very much active, we may seen the ups and down of the market price value of this coins yet it remain stable after the market correction. On the negative side are the possibility of some coins price value may go down when the other goes up...yet, on the side of trading this kind of Volatility is what they are waiting, trading for profits or shift of investment from one coin to another.
The stable thing is certainly better, and of course someday the price of the coin will increase and it also requires investor confidence and also depends on the development of the coin itself
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