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Topic: Stable Coins Necessary? - page 5. (Read 3003 times)

full member
Activity: 560
Merit: 100
March 30, 2019, 01:19:39 AM
I think that the existence of stable coins has its advantages, as it has already been said that today there are so many advantages, and these advantages are the fixation of deposits that are on the market today. It is these advantages that we should bear in mind today.
sr. member
Activity: 896
Merit: 251
March 29, 2019, 12:06:46 PM
In fact, it is the same coin that is attached to the dollar. I do not see this problem. Anyway, in the end, you get your token and change to a dollar.
yes coins are stable as well as fiat currencies like dollars and so on. so I think if you need a stable coin you will use the coin to save your funds, and it's difficult to make a profit in it because of its stable movement. and I don't think I will get much profit if I invest
jr. member
Activity: 238
Merit: 1
March 29, 2019, 11:38:23 AM
In fact, it is the same coin that is attached to the dollar. I do not see this problem. Anyway, in the end, you get your token and change to a dollar.
newbie
Activity: 5
Merit: 0
March 29, 2019, 08:56:43 AM
No, every coin has different owner or companies which working to make a coin be progressive in its price and volume, dont wish for a stable coin, wish for a coins thats has a good development time per time. That was needed by a trader, you cant gain profit from a stable currency, its required to have changing price to be a good trading coin. Stable is not kind of good but its not worst, its be better than dead coin

Stablecoins are cheaper to send and receive to any part of the world. For instance with EURS you can send any sum to any part of the world paying just 0,5 EURS. For other like TUSD, USDC etc. you just pay gas.

Stablecoins are designed to help investors to jump in and out of the crypto market cheaper and faster. It only takes you seconds to exchange BTC, ETH or whatever to a stable unit of account instead of days for jumping to fiat.

Hope that helps to understand the role of the stablecoins in the financial ecosystem
full member
Activity: 388
Merit: 100
All-in-One Crypto Payment Solution
March 28, 2019, 08:52:41 AM
No, every coin has different owner or companies which working to make a coin be progressive in its price and volume, dont wish for a stable coin, wish for a coins thats has a good development time per time. That was needed by a trader, you cant gain profit from a stable currency, its required to have changing price to be a good trading coin. Stable is not kind of good but its not worst, its be better than dead coin
sr. member
Activity: 938
Merit: 250
March 28, 2019, 08:47:53 AM
I do not agree. stable, it must be there, but when it keeps happening, a trader will also not get a profit because they can all benefit from fluctuations from the market which is quite attractive to them.
full member
Activity: 560
Merit: 100
March 28, 2019, 08:41:03 AM
Stable coins are a damn terrible thing, because they are digital Fiat, but not quite so, it seems to me that the community already understands that with their help resources were pumped up, which in general did not have such support as before.
newbie
Activity: 5
Merit: 0
March 28, 2019, 07:17:28 AM
To be honest, I do not see the need for such a number of stable Coin as we currently see on the market, in my opinion there will be enough 3–4 such coins.

But with different pegs, right?
sr. member
Activity: 1313
Merit: 278
March 27, 2019, 09:45:56 AM
To be honest, I do not see the need for such a number of stable Coin as we currently see on the market, in my opinion there will be enough 3–4 such coins.
newbie
Activity: 5
Merit: 0
March 27, 2019, 08:01:52 AM
I think stablecoins are going to play a very important role in the future. We need stability in order to use it as a currency, I'm not saying it needs to be backed by USD at all, a very good example is DAI.

Do you know any reliable euro stablecoins beside EURS from stasis.net? What do you think about Eurs btw?
member
Activity: 308
Merit: 10
Erotic Industry on the Blockchain! RachelX
March 27, 2019, 04:18:32 AM
I believe that there is no stability in the world of cryptocurrency and that everything can change in a matter of minutes. Here you always need to be on the alert. There will be no ideal conditions for investment or growth, you need to keep an eye on it all the time.
sr. member
Activity: 766
Merit: 250
March 27, 2019, 04:16:06 AM
I believe that the issue is not the number of stablecoin, but their necessity. If your stablecoin will release the exchange, which daily huge volume of trading, it is likely that their coin will be successful and in demand. But if it's just another cryptocurrency that is created by an unknown company, it is doomed to failure.
full member
Activity: 616
Merit: 100
First Islamic Crypto Exchange
March 27, 2019, 12:58:38 AM
I think crypto is not for stable coins, people are attracted by the high volatility of coins
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
March 20, 2019, 10:43:37 AM
Stable coins are also very important for ekonosike. I think experienced traders have already learned how to use project benefits. Well. Even if stable coins take it everywhere, it will advance the cryptocurrency to the masses.
Stable coins constantly help out investors and not only the most experienced, but also such coins can attract the attention of those people who want to save their money during a crisis or anything else threatening their well-being
But this coin mostly used by traders and what's the differences between putting or keep your money in fiat money and stable coin? there were no differences and that doesn't make sense at all dude. i guess that was a joke to consider stable coin as an investment.
newbie
Activity: 3
Merit: 0
March 20, 2019, 10:35:48 AM
What do you think about STASIS EURS? Do you know any other euro stablecoins?
member
Activity: 476
Merit: 10
March 16, 2019, 06:16:15 PM
Stable coins are useful preventing loosing value of our holdings when the market is declining. Many merchants also rather
accepting stable coins as they do not want to lose from market fluctuations. How much stable coins would be optimal,
the market will decide by using the ones they trust more.
hero member
Activity: 966
Merit: 507
March 16, 2019, 06:14:32 PM
Stable coins enable different decentralized applications purposes to happen. Many times devs need a stable price coin to make it work.
hero member
Activity: 1540
Merit: 507
March 16, 2019, 06:01:33 PM
I think that at the moment the market already has a sufficient number of stable coins and the emergence of new stable coins will not improve their situation.

Definitely agree. Stablecoin should not be too much. When there's already too many stablecoin the new stablecoin will be useless because the function is basically the same so why bother create one again. They better off developing something else that's more functional than the stablecoin.
full member
Activity: 784
Merit: 100
March 16, 2019, 05:32:47 PM
I think that at the moment the market already has a sufficient number of stable coins and the emergence of new stable coins will not improve their situation.
sr. member
Activity: 1456
Merit: 253
Margin Trader
March 16, 2019, 05:09:04 PM
Stable coin is something you really need. Without stable coin crypto ecosystem can't operate. Just imagine if usdt would disappear. It will be a crash of crypto.
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