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Topic: 💲💲 Stable Coins?? 💲💲 - page 4. (Read 1812 times)

hero member
Activity: 1540
Merit: 507
August 07, 2019, 06:19:55 PM
#82
Tether is a convenient and universal cryptocurrency. According to the developers, users can not worry about the coin rate, it is equal to the dollar so I vote for USDT.
you said tether is a convenient and universal crypto but it was avoiding so many audits that will be made by the team and auditors and this such a crap dude. I just can imagine about how much money that already printed by tether in any period and it's not worth any more to call tether as a company. That was a company without transparency.
jr. member
Activity: 406
Merit: 1
August 07, 2019, 04:22:29 PM
#81
I always enjoyed usdt and I will use this coin has long been proven and on this coin the most liquidity than other
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
August 07, 2019, 03:37:11 PM
#80
Before I say thank you for telling all the altcoins that are stable in price. Maybe from all the altcoins, I use Tether more often. To like, I think all altcoins are good. But Paxos uses the ethereum platform, different from Tether.
The stable coins you mentioned are not the best option cause USDT had some allegations which lead to some major exchange delist while Paxos is a token created by a regulated company which automatically make the token centralized and USDQ is a decentralized stablecoin pegged to a dollar and backed with BTC.
full member
Activity: 854
Merit: 102
August 07, 2019, 02:55:19 PM
#79
Before I say thank you for telling all the altcoins that are stable in price. Maybe from all the altcoins, I use Tether more often. To like, I think all altcoins are good. But Paxos uses the ethereum platform, different from Tether.
sr. member
Activity: 811
Merit: 250
August 02, 2019, 05:50:29 AM
#78
Currently not interested in using stable coins, I am still loyal to some tokens for now, not intending to sell them and looking for coins that are safe to stabilize which will be the last resort if I have to.
hero member
Activity: 1680
Merit: 583
xUSD - The PRIVATE stable coin - Haven Protocol
August 02, 2019, 05:25:06 AM
#77
I am not a fan of stable coins, it's a manipulating machinery doing a mess on the market
jr. member
Activity: 182
Merit: 2
August 01, 2019, 09:16:37 PM
#76
The stable coins I have only made use of are the USDTether and DAI, and my use for them is to make short term trading profits, especially on Bitforex, I prefer to exchange USDtether for Bitcoin and vice versa to make short time profits when the Bitcoin price is highly instable.
legendary
Activity: 2212
Merit: 7064
August 01, 2019, 05:22:26 PM
#75
It looks like I'm missing another good stable coin that backed by bitcoin and that's called as a qdao stable coin and it has already traded in few exchange sites so far and it must be included in that list. I'm using it right now and USDC and so far never get any problem because it's clear where the token gets its value compared with tether and qdao is much better consider it has been backed by bitcoin as a collateral.

Interesting.
First time I hear about it so far.
Do you have an links so I can check it out?


Our current Poll shows this results at the moment:

60% of users are using Tether
17,1% are not using any stable coin
8,6% are using other stable coin





legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
August 01, 2019, 02:30:17 AM
#74
It looks like I'm missing another good stable coin that backed by bitcoin and that's called as a qdao stable coin and it has already traded in few exchange sites so far and it must be included in that list. I'm using it right now and USDC and so far never get any problem because it's clear where the token gets its value compared with tether and qdao is much better consider it has been backed by bitcoin as a collateral.
jr. member
Activity: 336
Merit: 1
A nexgen decentralized ride hailing
July 31, 2019, 04:37:32 PM
#73
Now I use only 2 coins , it is usd and usd these are the coins that I trust and which have good volumes , but of course it is better to deversify in the event of fraud of their coins.
hero member
Activity: 1470
Merit: 509
July 31, 2019, 04:33:54 PM
#72
Stable coins are a good choice to keep the money stable, but not for me. What good is it to keep money stable in this market? There are already many places away from here to keep the money stable. If money is circulating in this market, then it will be used for making profit, and keeping it stable will not give you additional money.
copper member
Activity: 593
Merit: 10
July 31, 2019, 03:36:12 PM
#71
Tether(USDT), not me for any reason to choose Tether(USDT) if I think the bitcoin trade starts to fall and before prices really enter a deep gap, I will definitely change some of my bitcoin to USDT to start a new market.
legendary
Activity: 2212
Merit: 7064
July 31, 2019, 02:44:18 PM
#70
I like to use Tether USDT, it was the first stable coin i find in the market and looks like the one who most people trusts it.

I know that coin has some kind of issues, like the one we see two weeks ago with the mistake, created coins, but it was fixed fast, that's why i trust on the team behind tether.
All I have seen with tether is that mistake they keep making and correcting, they are big enough to avoid those kind of mistake and I am not too sure that tether will be able to survive the issue it is having with government as regards its transparency in priming of coins which is said to be over printing.

I have not followed up on them for a while now, so I don’t even know if the court has eventually ruled a case against them or not, but I doubt of they will ever survive it. The reason why I don’t like tether is because they are kindly of too shady in their dealings with people and I think funds are being stolen by them and before you know it, one day, they will run away with people’s money.  There are so many other reliable stable coins in the market but not tether.

There was a hearing in NewYork on July 29, 2019.
You can find official Tether statement on their website:
https://tether.to/tether-obtains-stay-of-document-demands-in-new-york/#

hero member
Activity: 2548
Merit: 605
July 31, 2019, 02:34:51 PM
#69
I like to use Tether USDT, it was the first stable coin i find in the market and looks like the one who most people trusts it.

I know that coin has some kind of issues, like the one we see two weeks ago with the mistake, created coins, but it was fixed fast, that's why i trust on the team behind tether.
All I have seen with tether is that mistake they keep making and correcting, they are big enough to avoid those kind of mistake and I am not too sure that tether will be able to survive the issue it is having with government as regards its transparency in priming of coins which is said to be over printing.

I have not followed up on them for a while now, so I don’t even know if the court has eventually ruled a case against them or not, but I doubt of they will ever survive it. The reason why I don’t like tether is because they are kindly of too shady in their dealings with people and I think funds are being stolen by them and before you know it, one day, they will run away with people’s money.  There are so many other reliable stable coins in the market but not tether.
legendary
Activity: 3346
Merit: 3130
July 30, 2019, 12:57:25 PM
#68
I like to use Tether USDT, it was the first stable coin i find in the market and looks like the one who most people trusts it.

I know that coin has some kind of issues, like the one we see two weeks ago with the mistake, created coins, but it was fixed fast, that's why i trust on the team behind tether.
legendary
Activity: 1722
Merit: 1014
July 28, 2019, 10:11:29 AM
#67
I don't trust all these stable coins, use them only to temporary store my crypto cash, when trading BTC/USDT. Use Tether mostly, tried other stable coins a few times.
member
Activity: 147
Merit: 12
July 28, 2019, 08:08:51 AM
#66
I am also not a fan of stable coins. I sometimes wonder why stable coins are created. Are they for trading? Their price remain stable and there is not any profit from trading. But I think they serve as a platform to exchange and store USD. I like tether stable coin.
Stable coins play as means to switch between bitcoin to altcoins; bitcoin to stable coins, then fiats; altcoins to stable coins then fiats. That's all. There is no reason, no benefits to invest in stable coins, because their price are stable. Do you want to invest in a coin that has stable price over time?
jr. member
Activity: 417
Merit: 1
July 28, 2019, 08:03:11 AM
#65
I am also not a fan of stable coins. I sometimes wonder why stable coins are created. Are they for trading? Their price remain stable and there is not any profit from trading. But I think they serve as a platform to exchange and store USD. I like tether stable coin.
member
Activity: 147
Merit: 12
July 28, 2019, 07:59:03 AM
#64
USDQ is probably the worst stable coin what I have ever seen. They should be backed by their own token LHT. But LHT token is useless and nobody wants it. So 1USDQ is no 1USD no, but only few cents.  Roll Eyes
Stable coins should be back by real asset, USD, AUS, CAD, gold, silver, whatever have true values in real life and have been accepted globally for a long period of time in human civilization. Stable coin is back by a token, nope, I don't think it is a good stable, sounds like a fake, scam one. If a stable is back by a token, it is worse than a stable coin is back by bitcoin. Because bitcoin will not die, but tokens will do die over time.
hero member
Activity: 2968
Merit: 640
July 27, 2019, 02:15:35 PM
#63
Tether would have actually been the most reliable stable coin, but there has been lots of controversies surrounding it , and this as reduced the confidence that people already have in it because of bitfiniex   being accused of over printing money that they do not have in store.

People still use tether more though, but I think most of its users are sitting on a time bomb, so if you have to use tether, just make sure that you don’t tie your fund down or put too much of fund, another stable coin that is still reliable is USDC too, but I am still quite skeptical about them until Libra stable coin is released into the market, if Facebook coin is released eventually, many of these tether coin may  really become less used, irrelevance and unable to compete with Libra.
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