Topic: Stable Coins Necessary? - page 14. (Read 3003 times)
There is a huge requirement for stable coins. Most investors don't want a currency which is worth 1 dollar one moment and 50 cents the next. Currency cannot operate under such fluctuations
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To be honest - stable coins are very necessary. Those coins whose prices do not react to the increase or decrease in the price of Bitcoin will be forever marked as coins that have made a great contribution to the history of the development of crypto space.
There are stable coins out there just like the Tether, MarketDao and Havven, this coins was already in 1$ only and it was stable since it was launch, this is perfect because they handling the project carefully that no one can loss the profit.
I think because of the distrust of the USDT, many thought it was a great chance to issue their own stablecoin. Perhaps it's just a race ahead of the curve, which will win the project, which will be able to get to more exchanges and get a large market share.
Currently seems every project or crypto company wanna create a stable coin now, except USDT, currently we have GUSD, TUSD, PAX.
But do you think it's really necessary to have so many stable coins?
although it is now just the beginning of industry 4.0. Money has no special application except for speculation for profit.
I believe that there is no sense in stable coins. projects should develop and bring profit to investors rather than stabilize the price of the coin.
very important to have stable or raising of main currencies as Bictoin or ETH, but not the bottom what we have now...everyone tired to wait some changes
A very good idea for investors who want just save money and don't worry about the fact that government will know about them
Seems like many people think stable coins are necessary, so I think I have an unpopular opinion here. I do not think that stable coins are necessary, well if you would like to invest in crypto, you should invest in real crypto, and if you still worries, rather buy a stable coin, just keep your money in fiat. The only utilities of stable coins is as a bridge to convert crypto to fiat, and there are already exchanges that offer direct convert from crypto to fiat without stable coins, so stable coins are not really necessary.
stable coin is very necessary specially in trading of cryptocurrency pairs on cryptocurrency exchanges. if you have been an observant or trader since inception of cryptocurrency or just a biginner this year 2018 you will notice that when bitcoin is dumping for any sentimental reasons or technical reasons , you will see all most all the altcoin also dumping likewise which is not good for traders who might have acquire some sort of profit in their portfolio .what this stable coins does is to help you to liquidate your crypto asset fast when you predict that there is probability of whales dumping soon .
There should be couple alternatives to tether in existence as we are all aware of the shadiness of the aforementioned one. But why not the more, the merrier and in the end the market will decide which ones will prevail in the long run and which ones will crumble back to obscurity.
Hi. I think that stable coins are not needed. I think that the stock exchange should be dollar and euro. Stable coins are dangerous, may burst at any time.
Crypto is highly volatile and stable coins are important for mass adoption of cryptocurrencies as merchants are
not likely accepting cypto as payment solution if it is heavily fluctuating. Stable coins are backed with Fiat and this is
how they remain stable.
not likely accepting cypto as payment solution if it is heavily fluctuating. Stable coins are backed with Fiat and this is
how they remain stable.
Currently seems every project or crypto company wanna create a stable coin now, except USDT, currently we have GUSD, TUSD, PAX.
But do you think it's really necessary to have so many stable coins?
Yes it will make time from the strategy to work in the market.and analysis everything.
what's stable? circulation or price? if you mean the price it is very necessary to have it in large quantities especially if you are a trader because to my knowledge even though it is stable but the price increases and decreases are still insignificant and you can use the graph by buying and selling when going up though just up a few percent you better sell it then buy it again because the coins are stable usually the ride isn't too high
Currently seems every project or crypto company wanna create a stable coin now, except USDT, currently we have GUSD, TUSD, PAX.
But do you think it's really necessary to have so many stable coins?
The crypto market is faced with so much volatility so the school of thought is that there needs to be a stable coin that will prevent such so that investors can invest in cryptocurrency . It doesn't matter if there are so many stable coins , in time , whether this model will survive will be known.
I think bitcoin is enough if only for coins to be stable because bitcoin is now quite stable and rarely has a downtrend, bitcoin has the potential for an uptrend going forward. I think the stable coin is enough with the one you mentioned above
everyone would want a stable altcoin, moreover, it could break through $ 1000 again. it's been too long, prices have dropped and stabilized at $ 200. when will this happen towards the increase ??
Yes, everyone want stable coins as posted in the market, it maybe affected by ups and down on the market price value but still remains stable after such correction, no one want to lost or unstable coin, surely it not good for their investment, no profit to hope for once the market stabilized and gain momentum for the possible crazy bull run in the future.
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