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Topic: Stable Coins Necessary? - page 9. (Read 2979 times)

member
Activity: 406
Merit: 10
March 13, 2019, 05:29:27 AM
Yes, it seems to me that stable coins perform a very important function in the cryptocurrency market. Especially at a time when the entire cryptocurrency market is going down.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
March 13, 2019, 05:14:59 AM
Stable coins are everyone's choice, because stable is defined if the price will go up or down, it can be predicted well. calculations, analysis and predictions can be applied because they are stable. this makes it easy for investors / traders. the more coins are stable the more choices. I think it's good to indicate Crypto has a stable trust too
Stable coins are used for liquidating the trading earnings and if there is a rumor about downtrend then selling cryptos and transferring to stable coins are necessary.
That can be used not only to secure your profit but your money too, we need this one but we don't need a bunch of platforms that always created more and more stable coin without getting any audit by the trusted party.
member
Activity: 644
Merit: 10
March 13, 2019, 04:39:38 AM
The market is now stable, only the price is still low. But every coin has increased trading volume. Now trading daily I think is more profitable. In the last few days, I benefited from several coins that were able to go up and down.
hero member
Activity: 1358
Merit: 509
March 13, 2019, 04:31:43 AM
Stable coins are everyone's choice, because stable is defined if the price will go up or down, it can be predicted well. calculations, analysis and predictions can be applied because they are stable. this makes it easy for investors / traders. the more coins are stable the more choices. I think it's good to indicate Crypto has a stable trust too
Stable coins are used for liquidating the trading earnings and if there is a rumor about downtrend then selling cryptos and transferring to stable coins are necessary.
full member
Activity: 644
Merit: 107
March 13, 2019, 04:28:06 AM
Stable coins are everyone's choice, because stable is defined if the price will go up or down, it can be predicted well. calculations, analysis and predictions can be applied because they are stable. this makes it easy for investors / traders. the more coins are stable the more choices. I think it's good to indicate Crypto has a stable trust too
full member
Activity: 476
Merit: 100
March 10, 2019, 07:39:04 PM
As a trader, I feel that stable coins are needed. Apart from the ups and downs of market conditions, stable coin can be an option for me to secure my money at a stable value. Like we use FIAT.
member
Activity: 462
Merit: 13
March 10, 2019, 07:32:33 PM
For sure investors are now tired pf losing monies every single day so now the look ou tfor more stable coins to invest in. So more stable project will get  more investors that is why more stable coins are popping up.
hero member
Activity: 2366
Merit: 504
March 10, 2019, 07:15:36 PM
If stable coins appear in the cryptocurrency, the cryptocurrency may develop further as a means of payment around the world
stable currencies are all fiction of the same people who invented the dollar and the euro, and so on. People who use stable currencies are not real crypto enthusiasts
Stable coin will be needed by the speculators and you can't even ignore it. how can you determine that as not crypto enthusiast when this holders were having 100x compared to your potfolios? That doesn't make sense at all.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
March 10, 2019, 07:08:13 PM
I think it is not necessary because if we only invest in stable coins, the profits that we might get will be small, so if we want to get profits then we must dare to invest in coins that have fluctuating characteristics, otherwise we cannot take advantage because the price chart does not have a significant change
full member
Activity: 1050
Merit: 100
Vave.com
March 10, 2019, 07:00:09 PM
Yes it's necessary and it will helpful to those who are trading.
desperately need it in conditions and situations that, as now, investors' beliefs and patience are the most important capital in investment with crypto currencies and we must be smart in seeing every opportunity that will be obtained in their investment
member
Activity: 560
Merit: 10
March 10, 2019, 06:53:21 PM
I think it is very important to have stable coins at least to help cut down loses when price is going down but too many of them is not necessary since they all perform similar functions.
member
Activity: 434
Merit: 10
March 10, 2019, 06:18:03 PM
Each coin has its own buyer, but I think that so many coins are not really needed, but nevertheless there are still buyers.
member
Activity: 560
Merit: 10
March 10, 2019, 06:17:12 PM
There must be a stable coin, because if we have lots of assets, even a 1% price reduction you can lose a lot of money. the more stable coins I think the better. if a coin is not stable it will only make a lot of people guess what will happen. because Crypto's goal is to make it easier for humans, not to confuse humans.
jr. member
Activity: 145
Merit: 1
March 10, 2019, 06:14:16 PM
I don't really think we need a stable coin in the crypto industry. Stable coins is  one of the reason why whales control and manipulate price. Looking at more standard way of trading such as the global foreign exchange platforms there is nothing like stable coin.this is just my humble opinion.
member
Activity: 355
Merit: 28
March 10, 2019, 06:10:05 PM
personally, I do not understand stable coins, I do not know how to trade them, and do not understand their huge number and variety
member
Activity: 597
Merit: 10
March 10, 2019, 06:07:40 PM
Another stable coin has come already and that is USDC. I don't think we need many stable coins to avoid the crypto downward trend! I feel USDT, TUSD are enough. Many new tokens also came as a stable token like Eurotoken! I don't know what is their intention but by seeing every stable coin's volume and price, sometimes I feel worried!
jr. member
Activity: 238
Merit: 1
March 10, 2019, 05:50:51 PM

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 presence of a stable coin is necessary in the cryptocurrency market. Recently, many projects put forward their ideas to create a stable coin, and these ideas are becoming popular. I think that a large number of stable coins will not need a crypto-currency market, there will be a small number of stable coins that will gain popularity and earn a good reputation, having withstood the qualifying competition in the crypto-currency market .
hero member
Activity: 1358
Merit: 509
March 10, 2019, 05:38:07 PM
If stable coins appear in the cryptocurrency, the cryptocurrency may develop further as a means of payment around the world
stable currencies are all fiction of the same people who invented the dollar and the euro, and so on. People who use stable currencies are not real crypto enthusiasts
Do you know any other way to keep your money stable? You should keep stable coins or fiat. These are more convenient because we lose some money when we exchange it to fiat and if this is a USD backed stable money, I do not think it is a problem to use.
legendary
Activity: 1596
Merit: 1034
March 10, 2019, 04:50:25 PM
Why do we collect coins that are stable in price, storing these coins will not give us an advantage. While our goal in the crypto market is to benefit from the buying and selling process
member
Activity: 197
Merit: 10
March 10, 2019, 04:25:35 PM

i think the stable coins are necessary given the too variable value of the market, they are an additional possibility of exit from trading
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