Thanks for the info and tips on your listed coins.
However, my opinion is that all "stablecoins" are actually all scams. A true digital currency can never be stable, heck, even traditional currencies are never stable. Markets move and prices change, these coins are artificially faking "stable" value and will end up all being exposed as scams that they truly are.
Topic: STABLECOIN: comparison and opportunities - page 7. (Read 19334 times)
Thank you for sharing your information. All of your introduced coins are very far from my understanding. As I can see your thought, it's just a defensive portfolio to face up with dumping market. However, it's better to own passive income coins which can help you to earn dividend, such as: NEO, Tcash, icon...
With the markets often manipulated and in the hands of the great whales, we small investors are at the mercy of violent downpours and sudden dumps, which erode or cancel the gain of months or years in a few months (as happened from December to today). How to try to protect yourself from all this?
Until recently there were only two possible ways: bank transfer out of the exchange to your bank (return to FIAT) or temporarily park their crypts and convert them into Tether, with all the risks involved.
In recent months, however, following the alleged rumors on the solvency of tether, alternatives to tether or bank transfer have been developed; they are the so-called STABLECOIN
1) TrueUsd (TUSD) which uses smart contracts to guarantee decentralization; coupled to the dollar, the euro, the yen, but also to precious raw materials, stocks and real estate
2) Dai (DAI) in which users block their ETHs in an intelligent contract within the MakerDao system, from which Dai is born; when you redeem the Dai, you get your ETHs again
3) Haven Protocol (XHV), when the system and the network will be mature and stable, through crypto haven it will be possible to keep crypto or fiat sending them to offshore storage contracts that will retain the value of that precise moment; Haven is Monero's fork, for which he inherits anonymity and stealth, as well as having RingCT.
4) Digix (DGX), is the first coin totally hooked to gold, in which 1DGX = 1 gram of gold, allowing us to actually purchase 99.99% LBMA gold standard, certified with Bureau Veritas audit and guarded at Silver Bullion's Safe House, redeemable in 100g or 1000g ingots by going to the Vault store in Singapore.
Then we have other little known and with very few volumes, but still valid, such as NUBITS and EURN
Finally there are several other projects ready to be born, among which I would mention:
Alchemint (SDT) coin launched on Neo blockchain, hooked and stabilized with Neo and then with gold, real estate and other crypto.
Carbon that will use Hedera Hashgraph's ledger (new alternative blockhain that uses Asynchronous Byzantine Fault Tolerance, the strongest form of security attainable for a distributed ledger), which incorporates an elastic policy adjusting the amount of money to market demand, maintaining stability price of $ 1.
In conclusion, today compared to a few months / year ago there are many more possibilities to protect our crypto earnings / savings when we see strong turbulence and market volatility. In some cases, if well exploited, these possibilities also allow us to earn rather than lose capital, such as token Digix in which we can exploit the bitcoin / crypto downtrend with the rise of gold, a safe haven.
Until recently there were only two possible ways: bank transfer out of the exchange to your bank (return to FIAT) or temporarily park their crypts and convert them into Tether, with all the risks involved.
In recent months, however, following the alleged rumors on the solvency of tether, alternatives to tether or bank transfer have been developed; they are the so-called STABLECOIN
1) TrueUsd (TUSD) which uses smart contracts to guarantee decentralization; coupled to the dollar, the euro, the yen, but also to precious raw materials, stocks and real estate
2) Dai (DAI) in which users block their ETHs in an intelligent contract within the MakerDao system, from which Dai is born; when you redeem the Dai, you get your ETHs again
3) Haven Protocol (XHV), when the system and the network will be mature and stable, through crypto haven it will be possible to keep crypto or fiat sending them to offshore storage contracts that will retain the value of that precise moment; Haven is Monero's fork, for which he inherits anonymity and stealth, as well as having RingCT.
4) Digix (DGX), is the first coin totally hooked to gold, in which 1DGX = 1 gram of gold, allowing us to actually purchase 99.99% LBMA gold standard, certified with Bureau Veritas audit and guarded at Silver Bullion's Safe House, redeemable in 100g or 1000g ingots by going to the Vault store in Singapore.
Then we have other little known and with very few volumes, but still valid, such as NUBITS and EURN
Finally there are several other projects ready to be born, among which I would mention:
Alchemint (SDT) coin launched on Neo blockchain, hooked and stabilized with Neo and then with gold, real estate and other crypto.
Carbon that will use Hedera Hashgraph's ledger (new alternative blockhain that uses Asynchronous Byzantine Fault Tolerance, the strongest form of security attainable for a distributed ledger), which incorporates an elastic policy adjusting the amount of money to market demand, maintaining stability price of $ 1.
In conclusion, today compared to a few months / year ago there are many more possibilities to protect our crypto earnings / savings when we see strong turbulence and market volatility. In some cases, if well exploited, these possibilities also allow us to earn rather than lose capital, such as token Digix in which we can exploit the bitcoin / crypto downtrend with the rise of gold, a safe haven.
Jump to: