Stable coins in cryptocurrency? - page 7.

hellyah070

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Quote from: VK.point on March 13, 2019, 12:57:36 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.

Basically the stable coin's prices are raging from 1USD to 1.something, still not that big. And these stable coins can be considered helpful when the market prices of cryptocurrencies are falling basically, it will save hodlers in loses.

logisticalmother

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Quote from: VK.point on March 13, 2019, 12:57:36 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.

now it seems to have multiplied but I forget everything that comes because now there are many coins that are very easy to enter coinmarket, maybe the incoming coins have passed selection with others but still my view remains top 10 coins in coinmarketcap as my benchmark if I want to buy coins.

tamango

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There are many stablecoins rated on coinmarketcap but I think that no one is verified by a trusted third part, that's the main reason for what I'm out of these coins I learned in these years not to trust anyone in crypto.

Bitcotalk

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Quote from: VK.point on March 13, 2019, 12:57:36 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.

I don't think coinmarketcap have a feature that was able to list all the stable that is been listed on their platform, so you might not be able to get a full statistics of all the stable coins we now have in existence, but what I can advise you to do is to try to search the web for all the stable coins in existence and I believe that there should be article written about them maybe in a blog or someone on the internet.

You can then use the name of the coins to check for their prices on coinmarketcap so that you can find the cheapest.

GreatOrchid

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Quote from: JPSelzer on March 14, 2019, 04:34:42 PM

It is too early to talk about the stability of coins. Now just the situation on the market. But when the bulls run, many coins will begin to move more actively.

We should to talk about the flow of the market price and value. We know that when we say stable it is fix and cannot be change. We can predict the market value but not exactly as you expected. For me prediction also helps to know what’s going on to our cryptocurrency coins it is like a weather forecast all the news is when it comes to weather is only a prediction and they only based on the previous data that they have. Just think that all things in the world is not stable all has a changes. I hope it helps.

GreatOrchid

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Quote from: VK.point on March 13, 2019, 12:57:36 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.

I think there only countable stable coins cryptocurrency and other is not stable. We should also know that it is normal to increase or decrease the value of type of cryptocurrency because sometimes it is based on the market value and the market price that’s why we cannot predict the stable coins cryptocurrency. All cryptocurrency coins is based on the flow of the market price and value. Every investor need a strategy and analytical technic on how to manage they investment and to earn more profit. For me every value of cryptocurrency is not stable but there’s a little that has stable and does not change.

dicaprio

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Perhaps this is a very cool thing, especially if now the prices on the market will start to fall again, then you and I will definitely be able to fix our deposit on some stable project. In general, of course, this is not very good, because this is fiat money.

Spider A4

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Quote from: bassbity on March 13, 2019, 02:10:57 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.

Doge and TRON (TRX) not a permanent stable coin because both of pump and dump and those are not created in the stable coin method.
USDT,USDC,USDS,Stronghold USD,CKUSD and USC those coin are coinmarketcap ultimate stable coin.

tabas

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See the list: https://stablecoinindex.com/projects
What's the cheapest stablecoin? all of them has the same value @ $1.

Muzika

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Quote from: VK.point on March 13, 2019, 12:57:36 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.

It is hard for someone to give you an information regarding to it, a person will only know a couple of coins in the market and most of it are in the top coins, there were lots of coins in the market and most of it are moving in different directions everyday.

Ferris419

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Quote from: VK.point on March 13, 2019, 12:57:36 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.

I see stable coin is USDT. Without this altcoin is not stable. Altcoin always changeable. Coin price up-down depend on market circumstances. It can not Control someone or some guys. Its fully depend on how many people using this and how much coin demand everyday, every week and every month.

Gontxi

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Quote from: VK.point on March 13, 2019, 12:57:36 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.

in my opinion there are no coins that are truly stable, because crypto trading is very volatile especially for now. but if you want to try looking for it you can see it on the marketcap site, there are lots of altcoins including altcoins that still have high prices.

muncuss

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Quote from: VK.point on March 16, 2019, 08:39:41 AM

Yes, indeed all the stable coins you mentioned are mostly from USD. And I know that, but are there other possibilities for stable coins around the price of $ 0.1? I don't think so far. Thanks.

not all stablecoin have price of $1, bitcny price is around $0.15 . it is easy to have stablecoin under $1 if that coin is pegged to a nation currency with price less than $1

Quote from: wuvdoll on March 17, 2019, 09:08:22 AM

Stable coins are not that important in this day and age, they are not used anywhere other than the exchanges and the exchanges use them just for showing how much dollar you have and not the exchange that allows you to withdraw fiat so all in all they are totally useless. I mean all that usdt and all that where are they used ? They are super useless and they are not really worth anything in my book, even 1 dollar is too much for 1 usdt.

If you however use them to trade and when you are on binance and you want to do btc to usdt or you think bitcoin is going down at that point usdt has a reason to exist since you change them to usdt and wait the bear out in usdt instead of btc. However that could be usdt, usdc , usd or whatever and it would still be the same for all of us.

all is same coz most prefer to peg their coin to usd (yeah also i agree it's not necessary at all to create another tokenized usd), but some which is backed up by gold (or strong currency) can be investment alternative in bad market condition, and also better in value than those usd tokens

wuvdoll

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Quote from: VK.point on March 13, 2019, 12:57:36 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.

Stable coins are not that important in this day and age, they are not used anywhere other than the exchanges and the exchanges use them just for showing how much dollar you have and not the exchange that allows you to withdraw fiat so all in all they are totally useless. I mean all that usdt and all that where are they used ? They are super useless and they are not really worth anything in my book, even 1 dollar is too much for 1 usdt.

If you however use them to trade and when you are on binance and you want to do btc to usdt or you think bitcoin is going down at that point usdt has a reason to exist since you change them to usdt and wait the bear out in usdt instead of btc. However that could be usdt, usdc , usd or whatever and it would still be the same for all of us.

centhiniz

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in my opinion coins that have been entered into Coinmarketcap means that the coin can have a price balance like trx, doge and others but, if you want to have good quality coins you might be able to see the top 10 coins usually there are the most chosen coins because of the price can still be stable.

jorenpo

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Quote from: VK.point on March 13, 2019, 12:57:36 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.

theres a lot of stable coin that is listed on coinmarketcap. i think more than 10. hmm i guess the cheapest one is bitCNY. the price now is
$0.153862

Papcio77

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There is no single currency could maintain its stability, even our fiat money is changing because this is economy, demand and supply are need to be consider.

And more for a virtual currency because we make the price and no government make a progress to get the price up high. My point is every second or every hours the price of a certain coin can go down or go up within a few times

BitcoinHodler

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Quote from: Reid on March 17, 2019, 02:34:06 AM

You want stability? Go Tether. That is like the USD which is just made online. It is value at 1:1 Tether to USD. You wont have any problem in it.

you would have lots of problems with Tether because it is not stable nor is it fiat. if you want stability and want to pull out of the altcoin market like when it is getting dumped hard then go with fiat and nothing else.
in the past USDT has tanked hard multiple times (look at the percentage of the drop not the size) and that means it is risky. on top of it Bitfinex company has always been very shady and it is linked to an exchange which we all know are super risky and can run away at any time. that means USDT can drop to zero in matter of minutes!

Reid

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You want stability? Go Tether. That is like the USD which is just made online. It is value at 1:1 Tether to USD. You wont have any problem in it.
But at what purpose for asking that. Besides, if you just invested in Tether then just go with the banks. You will have a .01 annual take. Grin

If I were you, I would not go look for stability. The movements now can be used to gain more profits with just better knowledge about it.
Try going to other threads and you might find some clues.

Argoo

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Quote from: Little Mouse on March 16, 2019, 09:47:09 AM

Stable coins price will always be around $1 because they are meant to be $1. If in case, the price increases, the owner will add some coins to the market to make it stable and if the price decreases, they will burn some coins for making it stable again.

Now produced stable coins that are not equal to the dollar. Japan, Switzerland, produces its stable coin, equal to its national currency. Going to release Russia, South Korea. I think that in the future there will be a lot of them. It is also necessary to distinguish between ordinary centralized coins of various states and stable coins of such states. Stable coins can only have a price equivalent to their currencies. They greatly simplify the work with cryptocurrency.

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