Stable coins in cryptocurrency? - page 3.

diazepam666

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Quote from: abake on May 22, 2019, 03:19:13 PM

I don't really know how many stable coins are available at the moment but the popular ones are USDT, TUSD, USDC. Talking about cheapest stable coins sounds weird because stable coins are meant to be approximately 1$ , with very little variations expected since they are backed by USD. Probably you don't understand what stable coins mean.

LOL you explained it perfectly mate.

Actually you missed PAX, Gemini dollar and some stable coins but this is okay for your rank and understanding buddy.

Lets learn more... Do more and learn it buddy. All the best...

abake

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I don't really know how many stable coins are available at the moment but the popular ones are USDT, TUSD, USDC. Talking about cheapest stable coins sounds weird because stable coins are meant to be approximately 1$ , with very little variations expected since they are backed by USD. Probably you don't understand what stable coins mean.

Inosend

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There has been quite a number of stable Coin and it's price is always set at $1. I don't know why many have problems with stable coin but it has been created to maintain stability in the crypto Market as the cryto market is highly volatile

CryptoGosu

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very day, more and more stablecoins are being created. I think this is a natural process. Anyway, less people trust Tezer and therefore new stablecoins are created for them.

integrity42

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Quote from: premiumproductss on May 19, 2019, 10:06:47 AM

Thanks to stable coins we can easier exchange our cryptocurrencies into FIAT money. You dont need to send your FIAT money everytime to your bank, you can simply hold this money in your Ethereum wallet.

Yes, stable coins are very useful in the cryptocurrency and in the market, without them the market is already difficult to imagine, because people are used to using stable coins

Mcmich

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Quote from: ivaf on March 13, 2019, 03:01:34 PM

There is no such statistics on CoinMarketCap. Here, for example, their 19: https://cryptoslate.com/cryptos/stablecoin/
And the price of a normal stablecoin should be about $ 1.

With that price, that means most of the coins termed as stable aren't anywhere close to be called stable coins. I had a coin like that sometime last month and I patiently waited for it to enter $1 but no way, rather it went drifting away.. Well, a magic can happen though and get it there, but am out.

premiumproductss

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Thanks to stable coins we can easier exchange our cryptocurrencies into FIAT money. You dont need to send your FIAT money everytime to your bank, you can simply hold this money in your Ethereum wallet.

zee11225

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Quote from: der_troll on March 31, 2019, 08:17:42 AM

Stable coins are called stable for a reason. In the most cases the price of any stable coin is around 1 USD and you will not be able to speculate on its price. They are used to wait for a certain period if you want to keep your money in this industry, but prefers to stay out of the market.

In my opinion, the price of crypto coins cannot be stable, because as a digital currency traded in cyberspace it has always been a game of large capital investors who have speculative characteristics, so it is very dislike for the price of stable crypto coins.
They can get big profits if the coins are played by buying certain coins will have an impact on market sentiments that will hunt for coins. Because many purchases of coin prices will rise, that's when speculators sell their coins and make big profits.

zeze18

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Quote from: VK.point on March 13, 2019, 01:57:36 PM

How many stable coins have been registered at Coinmarketcap to date? And what is the cheapest price. Please provide your knowledge, Thank you for contributing to this comment.

The most stable coin is USDT because it's following the USD rate.
Sometimes has like 1-2% change only and the best coin to hold while bearish time

bitcoinmar

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Quote from: puertorikosena on May 10, 2019, 07:17:19 AM

Recently, they appeared quite a lot. But nevertheless, the market is only developing and with time there will be more stable coins. As a rule, their price is pegged to the dollar, so that the bulk of these coins has a price of one dollar.

All stable coins are still affected by the information of the team that created it. If the team has any status, it will cause a stable coin to become a garbage coin similar to the USD of BTC-e before

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Quote from: OZmaster on March 31, 2019, 06:28:25 AM

Quote from: leetcoiner on March 26, 2019, 12:26:14 PM

Quote from: valek.bruno on March 26, 2019, 11:28:54 AM

Stability is a really strange trait, it doesn’t fit cryptocurrencies, so I think that this should not concern cryptocurrencies, because such projects can create very terrible problems for cryptocurrencies.

But maybe everything will change this year and Bitcoin will cost in the range of 4000-5000 dollars. This will be the stability of the cryptocurrency market.

There is not this one year where everything will change. It's a long journey with new things coming to fruition every single year.

It should be borne in mind that stable coins are not a full-fledged cryptocurrency, since it is not intended for profit. Stable coins have their own specific task - to facilitate the use of cryptocurrency. Therefore, the presence of such coins can in no way harm the normal functioning of the cryptocurrency. I, on the contrary, believe that there should be more stable coins.

JCviggen

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Quote from: Adriano2010 on May 10, 2019, 05:32:02 PM

The stable coins always are 1$ or try to be on that value, but the problem is that not all stable coins are backed up and people don't know which to choose, because is a risk to hold a lot of money on stable coins.

the biggest risk is that these stable Coin can be empty. these coins may not be backed by real money and if someone finds out about it, the coin will cost less than 1$

Adriano2010

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The stable coins always are 1$ or try to be on that value, but the problem is that not all stable coins are backed up and people don't know which to choose, because is a risk to hold a lot of money on stable coins.

jjjfff

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Quote from: bassbity on March 13, 2019, 03:10:57 PM

Lots of coins are stable on Coinmarketcap doge and trx, one of them is a stable coin at the moment, even though there is pumping and dumps, the price will return to normal.

You're kidding right?

That's not what the "stable" in stablecoin means.

Stablecoins are cryptocurrencies tied to the US dollar. They stay 1:1 in parity with U$.

Kezacky

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Quote from: izanagi narukami on March 24, 2019, 08:45:24 AM

Crypto is unpredictable things so even the current coin has stable doesn't mean that it will continue in that way.
Usually stable value has low in value also low in trading volume although they already reach top 50 coincapmarket.

So yes, it fits on long term investment !

yes it happens because prices fluctuate, so there are no coins that are really stable but at least can be stable at 0.1 USD. in general the movement of the coin price cannot be predicted, the volume of demand changes at any time, so if you want to invest in the long term it is better with the altcoin USDT or stablecoin.

puertorikosena

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Recently, they appeared quite a lot. But nevertheless, the market is only developing and with time there will be more stable coins. As a rule, their price is pegged to the dollar, so that the bulk of these coins has a price of one dollar.

installer

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Too much in my opinion. Stable coins have only one goal, it is not an investment it is a middle way between fiat and crypto and I do not really think that we need 19 stable coins on the market. The only people that get profit from it are their creators.

Osarman

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Quote from: chikucrypto on March 31, 2019, 08:26:22 AM

I think these days market is down but stable and i think BTC ,ETH and XRP are stable coins . so you can invest in them.

The price of Bitcoin is currently running in the uptrend which is a great sign for investors and new investors can get the benefit as well only if the start investing right now. The current price has increase to 5971 US dollar which is still a best price region for investment. Most of the investors are investing right now because they know that this is the real time. Other Altcoins are also good for investment but Bitcoin is the most preferred as a long term.

iqlimasyadiqa

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There will never be a stable coin in the world of digital currency. everything can happen and even price changes always occur at any time. this is due to the main factor in price changes, namely the demand factor. when more people need it, prices will increase and when more people leave, the price will decrease. all currencies will not be stable any time!

haufranco

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Exactly, don't even try to pay attention to new ones w/ no safety

Quote from: airdropan on March 26, 2019, 12:28:56 PM

No other stable coin that can be more stable than USDT
another alt down when the market down too , they follow bitcoin trend

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