Topic: Stable Coins are a Threat for Bitcoin? - page 3. (Read 2008 times)
Well, I don't consider stable coins as a threat to BTC since the value of BTC doesn't rely on any other coin in the market instead various other alts are affected by it as they depend totally on it. BTC is a volatile currency that works independently of the market conditions and this the main reason why it interests most of the investors so, the stability of others won't affect it in any way...
I think that stable coins have both a positive and a negative effect on cryptocurrency, including bitcoin. Stable coins, since they work like a cryptocurrency, will attract people's attention to a decentralized cryptocurrency. However, most likely, stable coins will be in great demand and trust of people, especially if they are created by governments, and will draw on themselves monetary resources as a means of payment. Therefore, with the advent of stable coins, one should expect a decrease in the number of transactions of a decentralized cryptocurrency as a means of payment.
Stable coins are often used to overcome unpredictable price changes so that greater losses can be avoided but still have the control to change strategies. In short, stable coins are digitalization of the price of a currency (such as USD -> USDT), valuables (such as gold -> GOLD Tokens), and various other subjects whether they have real value or not.
I'm still confused, how can that be a threat to BTC? while stable coin itself has a function and purpose of creation that is clearly different from bitcoin. Both are in different ecosystems.
I'm still confused, how can that be a threat to BTC? while stable coin itself has a function and purpose of creation that is clearly different from bitcoin. Both are in different ecosystems.
As for me, stable coins aren't a threat to Bitcoin. Btc isn't relying on any coin since it has passed all the tests of time. It could stand firm and secure no matter how many altcoins may appear. In fact, some altcoins only depend on BTC. It has gained the trust of most traders which is really an advantage no matter what the market situation is.
I really don't think they are a threat, although there are several Stable Coins that have grown substantially like Theter, TrueUSD, and so on. The truth is that most people prefer projects where there is the possibility of obtaining higher returns, assuming the risk of volatility, most cryptocurrency projects have grown in the medium and long term, people know it and are more inclined to This type of projects.
how can stable coin be a threat to bitcoin when they don't even grow in price? the only reason why people patronize stable coins is because of the high volatility in market, if btc price was not fluctuate too much and a bit steady nobody will think of preserving their money in stable coin because you don't need it, stable coin are only there for one purpose only and that is not enough reason to be a threat.
Let's discuss the potential effects of stable coins which are bound to usd or eur. We usually use them to avoid the volatility or short bitcoin in a way. There are many stable coins in the last year. By writing threat, I didn't mean issues like tether's issue. I mean, they are not coins, they are just usd and eur.
No, i don’t think that stable coins are a threat for Bitcoin or Ethereum. Yeah, a lot of controversy regarding stable coins specifically Tether (USDT) is the most using currency that's why all of the people’s used it for many different purposes. In the trading it’s highly used. Actually, stable coins can be protect your losses when the crypto market is very badly go to downtrend. This one is really big advantages in the crypto space. How it will be threat for Bitcoin i don’t know. 
Let's discuss the potential effects of stable coins which are bound to usd or eur. We usually use them to avoid the volatility or short bitcoin in a way. There are many stable coins in the last year. By writing threat, I didn't mean issues like tether's issue. I mean, they are not coins, they are just usd and eur.
No, i don’t think that stable coins are a threat for Bitcoin or Ethereum. Yeah, a lot of controversy regarding stable coins specifically Tether (USDT) is the most using currency that's why all of the people’s used it for many different purposes. In the trading it’s highly used. Actually, stable coins can be protect your losses when the crypto market is very badly go to downtrend. This one is really big advantages in the crypto space. How it will be threat for Bitcoin i don’t know. 
In trading, stable coins are very useful for storing values or locking profits. And stable coin is not a threat for Bitcoin. Stable coins are only a complement to support the needs of traders. And there is nothing to lose if you hold or deposit a portion of a stable coin to store trading profits.
It's more of a standby area to be able to buy bitcoin in our desired price. I don't think it affects Bitcoin too much since we all have different prospect amount. It allows us to trade any time we wanted without the hassle of converting and cashing in our fiat. They both help traders in different way since in bitcoin will be able to earn unlike in stable coins so no rivalry needed. 
This stable coins are always be here to be a safe haven in times of market downturns especially in bitcoin and other top crypto used for market manipulations if there are no stable coins we cannot stop immediately our big losses when market is not in favor but this does not mean it will become a threat to bitcoin in the future , stable coins are created with a different purpose compared bitcoin.
Let's discuss the potential effects of stable coins which are bound to usd or eur. We usually use them to avoid the volatility or short bitcoin in a way. There are many stable coins in the last year. By writing threat, I didn't mean issues like tether's issue. I mean, they are not coins, they are just usd and eur.
Stablecoin pose no threat to Bitcoin, as i explained at length in the other thread. You say they are not coins, you are correct, they are tokens, most (all?) don't even have their own blockchain, and they all depend in whoever is pegging their value to the alleged coin. Not only you have to be trusting the government that is backing the real fiat they peg to, now you also have to trust a third party (person or group) that they "back" their tokens with an equal amount of coins (which they don't, they do fractional reserve, and that is a time bomb) AND that they will fulfill their promise at any given time under any condition (they won't).
Stable coins are not used to short Bitcoin, but rather to give traditional investors that are used to more stable commodities a safe option to invest in Crypto currencies. A lot of the more traditional investors are not used to the crazy volatility of Bitcoin and are hesitant to invest in something with high volatility, so they opt for asset backed Stable coins. 
Most of the money invested in those coins are just converted back to fiat currencies, so it has no impact on the Bitcoin price. Tether might be a trading pair with Bitcoin in some way. 
Most of the money invested in those coins are just converted back to fiat currencies, so it has no impact on the Bitcoin price.
Tether might be a trading pair with Bitcoin in some way. 
Stablecoins weren't a threat for bitcoin. Those are the one that makes the cryptocurrency market strong, in simple if there isn't no stablecoin it is hard to experience such a level of circulation of cryptocurrency in the market. In cryptocurrency network stablecoin pairing with different cryptocurrencies contribute big to the circulation through trading. More the circulation more will be the growth happening with time.
i'm not quite sure why do you think those stable coins could be a problem or a threat for bitcoin
those coins are 2 year on the market already and I do not see any threat
so what makes you think the new coins will pose a threat? it is not logical
those coins are 2 year on the market already and I do not see any threat
so what makes you think the new coins will pose a threat? it is not logical
Let's discuss the potential effects of stable coins which are bound to usd or eur. We usually use them to avoid the volatility or short bitcoin in a way. There are many stable coins in the last year. By writing threat, I didn't mean issues like tether's issue. I mean, they are not coins, they are just usd and eur.
I don't think there's any threat to bitcoin as of now. Bitcoin still prevails as the most used and trusted by many cryptocurrency users. Stablecoins are controlled and somewhat centralized, it is condtradicting the essence of crypto being decentralized.Stablecoins is much preferred when using as payment because price fluctuations are minimal. However for day traders, bitcoin still would be widely used sincetraders want price action to gain profit.
Stable coins are not a threat to bitcoin. In terms of trading and earning a profit from volatility bitcoin is still more attractive to stable coin. Stable coin on the other hand is attractive to merchants since the price is not volatile. In some way there are some market impacts on bitcoin but the impact of stablecoin is not much of a threat to bitcoin market.
Absolutely! In my personal view, I think stablecoins are not a direct threat to Bitcoin rather they are a complement to Bitcoin which gives adopters a way to ease its volatility not to mention that the two coins have profound differences to each other in terms of technicalities and features that it seems inappropriate to compare them as rivals. Imho.
I think stable coins are not a threat for bitcoin, stable coins are used by people to save assets when there is a bear market. Stable coins
are also used to store profits from investments or trading. Stable coins substitute cash in the digital world. So the conclusion is stable coins
make the investment world healthier, stable coins are also very useful for bitcoin its not as a competitor but as a supporter of bitcoin.
With its stable coins make investors more enthusiastic with the world of cryptocurrency, therefore stable coins are not a threat for bitcoin.
are also used to store profits from investments or trading. Stable coins substitute cash in the digital world. So the conclusion is stable coins
make the investment world healthier, stable coins are also very useful for bitcoin its not as a competitor but as a supporter of bitcoin.
With its stable coins make investors more enthusiastic with the world of cryptocurrency, therefore stable coins are not a threat for bitcoin.
You mean stable coin is the best option to avoid risk of our funds?
In other side I agree with your statement that stable is not a threat for btc because stable coin is just like that and added to that bitcoin is working on its volatility because of risk takers who still investing. stable coin and bitcoin dont have the same purpose. we still choose bitcoin and still investing because we want profit. we are not here to choose stable coin for nothing. still bitcoin is our choices to gain.
In trading, stable coins are very useful for storing values or locking profits. And stable coin is not a threat for Bitcoin. Stable coins are only a complement to support the needs of traders. And there is nothing to lose if you hold or deposit a portion of a stable coin to store trading profits.
Stable coin in trading just give few profit, we like coin can pump and down suddenly to get much profit with investing in crypto. Investing with sable coin looks less risk with price down just we only get little profit although have much money for investing, when we use for pump or dump altcoin extreme I think the best ideas how to get much profit with crypto investment.
In trading, stable coins are very useful for storing values or locking profits. And stable coin is not a threat for Bitcoin. Stable coins are only a complement to support the needs of traders. And there is nothing to lose if you hold or deposit a portion of a stable coin to store trading profits.
Stable coin in trading just give few profit, we like coin can pump and down suddenly to get much profit with investing in crypto. Investing with sable coin looks less risk with price down just we only get little profit although have much money for investing, when we use for pump or dump altcoin extreme I think the best ideas how to get much profit with crypto investment. 
Stable coins are not a threat to bitcoin. In terms of trading and earning a profit from volatility bitcoin is still more attractive to stable coin. Stable coin on the other hand is attractive to merchants since the price is not volatile. In some way there are some market impacts on bitcoin but the impact of stablecoin is not much of a threat to bitcoin market.
Indeed, stable coin was just created to minimize the volatility, and there is nothing to be feared about that. Stable coin will not get in the way of bitcoin which we all know that it is the majority of people when it comes to investing in cryptocurrency. bitcoin has the upper hand, it wont affect it at any cost. Jump to: