In the world generally; nothing is perfect; in the blockchain world; there has not been any perfections which has led to several introductions of new projects; products, to suit the needs of humans and make everything quicker and faster, transparent and brief with blockchain. The same can be said about stable coins. They are not perfect, which is why most times when there is huge demand for it, it goes lowest towards 0.98$, which we can still consider stable.
It has been reflected when tether has gone to the 0.8 level in the past. even if these were getting backed by fiat money doesn't meant it can make the price become perfectly stable. The demand and supply is still affecting it dude. 
Topic: Stablecoins are never perfectly stable - page 2. (Read 460 times)
In the world generally; nothing is perfect; in the blockchain world; there has not been any perfections which has led to several introductions of new projects; products, to suit the needs of humans and make everything quicker and faster, transparent and brief with blockchain. The same can be said about stable coins. They are not perfect, which is why most times when there is huge demand for it, it goes lowest towards 0.98$, which we can still consider stable.
I really like your points, actually nothing is perfect. But for a fact that stablecoins serve their purpose well makes them considerably stable approximately. For instance looking at USDT and USDC, there is no much fluctuations from 1$ hence I don't see any reason why we should even bother about stablecoins not being "perfectly" stable. Personally I trade more of stablecoin pairs so that if my stop limit or sell order hits, the price does not get affected by volatility.
In the world generally; nothing is perfect; in the blockchain world; there has not been any perfections which has led to several introductions of new projects; products, to suit the needs of humans and make everything quicker and faster, transparent and brief with blockchain. The same can be said about stable coins. They are not perfect, which is why most times when there is huge demand for it, it goes lowest towards 0.98$, which we can still consider stable.
A cryptocurrency being a stablecoin does not mean that the price is literally perfectly stable. It means that there's an effort to stabilize the price as much as possible. Different stablecoins use different methods to stabilize their price. Some peg the value to some other relatively stable asset like the dollar, gold or sliver. Others attempt to stabilize the price themselves by regulating the circulating supply in relation with market capital so that the price stays stable.
There is nothing made by man which is perfect, there is always traces of imperfections, that's by the way. Stablecoins tries as much as possible to be stable even if there is a drop in price, it is always within the range of 0.99$ which is still okay in every sense. Just know that there is every tendency for stablecoins to drop a little bit, just like already stated but it can't go beyond such else there will be panic and once that sets in, people will likely move to a more better stablecoin as there are many of them. So in conclusion, I can say that, stablecoins are really living upto their name, which is keeping funds stable and of course they aren't perfectly stable.
True, I haven't seen stable coin that holds firm unto 1$ price for long without losing bit of its value but really the little loss doesn't count, and again stable coins always recovers faster, I can't say which is best but I like using USDT because of its pair supports on many exchanges
A careful study of this stablecoin called USDT made me Concord that, stablecoins are stable undermine their little drifting from be seen as stablecoins. We have seen that USDT has not moved from $1 to $0.8 before now but can move from $1 to $0.9999 which is very little compared to some stablecoins in the cryptocurrency industry. This has been my favourite whenever bitcoin start dipping, many times I exchanged my coins to USDT without looking back or fear of loss, it help me minimize loss in bitcoin volatility. A cryptocurrency being a stablecoin does not mean that the price is literally perfectly stable. It means that there's an effort to stabilize the price as much as possible. Different stablecoins use different methods to stabilize their price. Some peg the value to some other relatively stable asset like the dollar, gold or sliver. Others attempt to stabilize the price themselves by regulating the circulating supply in relation with market capital so that the price stays stable.
I don't think anything is perfect in life. But when we are talking about stable coins, at least I have dealt with USDT before, it may not be perfect all the time but it's 99.99% stable. This has afforded lots of big traders the opportunity for convenient trading. If you have them, then you have less to worry about volatility nature of crypto market. Thanks to these stable coins.
True, I haven't seen stable coin that holds firm unto 1$ price for long without losing bit of its value but really the little loss doesn't count, and again stable coins always recovers faster, I can't say which is best but I like using USDT because of its pair supports on many exchanges
A cryptocurrency being a stablecoin does not mean that the price is literally perfectly stable. It means that there's an effort to stabilize the price as much as possible. Different stablecoins use different methods to stabilize their price. Some peg the value to some other relatively stable asset like the dollar, gold or sliver. Others attempt to stabilize the price themselves by regulating the circulating supply in relation with market capital so that the price stays stable.
Tbh, you don't need stable coins to be perfectly stable, all you need it to do is to be conveniently stable and maintain your funds. As long as your 999$=999$ any time, then the goal is achieved. For stable coins pegged to gold, silver etc they have the gold silver etc already in the vault acting as security.
My question is, why do you need a stable coin?? Find the answer and you will realize you don't need crypto currency to be perfect
A cryptocurrency being a stablecoin does not mean that the price is literally perfectly stable. It means that there's an effort to stabilize the price as much as possible. Different stablecoins use different methods to stabilize their price. Some peg the value to some other relatively stable asset like the dollar, gold or sliver. Others attempt to stabilize the price themselves by regulating the circulating supply in relation with market capital so that the price stays stable.
I don't see any big deal about fluctuations that happens with stable coins, they aren't even big enough to start talking about and they also have faster recovery than bitcoin, for me stable coins works perfectly as 1:1 USD pegged A cryptocurrency being a stablecoin does not mean that the price is literally perfectly stable. It means that there's an effort to stabilize the price as much as possible. Different stablecoins use different methods to stabilize their price. Some peg the value to some other relatively stable asset like the dollar, gold or sliver. Others attempt to stabilize the price themselves by regulating the circulating supply in relation with market capital so that the price stays stable.
Stablecoins that are not regulated and backed by govt would face some hard time in future as every country will be coming up with their own central bank digital currencies and they will act as the official stablecoins so all other stablecoins will be in trouble then. I think it is high time people be a little cautious and try to stay in crypto untill situation becomes clear regarding stablecoins.
Compared to a decentralized cryptocurrency, stable coins mean complete price stability. The vibrations are so insignificant that they can be ignored. Therefore, in general, stable coins live up to their name. I don’t see any problems here.
Stable coins are still developing, but have already shown their need and usefulness.
Stable coins are still developing, but have already shown their need and usefulness.
A cryptocurrency being a stablecoin does not mean that the price is literally perfectly stable. It means that there's an effort to stabilize the price as much as possible. Different stablecoins use different methods to stabilize their price. Some peg the value to some other relatively stable asset like the dollar, gold or sliver. Others attempt to stabilize the price themselves by regulating the circulating supply in relation with market capital so that the price stays stable.
OP let's say you have 70$ in usdt and dumps happens in the market movement but the lowest your usdt holding goes is around 69.99 $ or 69.10$ for days before picking up to 70$ again how aren't you satisfied with this? Stable coins works flawlessly mate and it's not that hard to see
Yes it's true that stable coins aren't perfectly stable, they loss value and recovers depending on how the market is but those loss in value aren't as big as those we see in volatility coins, the difference is marginal but I'm satisfied with the way stable coins works
We all know that Cryptocurrency is indeed volatile. But stable coins in crypto are certainly different from altcoin on the market. I believe stable coins can go down and up. But the price is not so big as it increased by 100% for example. With the presence of stable coins in this crypto, it is a good thing for holders to protect brand assets.
This is right, most stable coins are not 100% stable. The good thing here is that you can decide when you want to sell your stable coins, this means you shall not sell if the coin is way below 1$ or the currency it reflects
How is a 0.01% a loss? Stable coin fluctuates and that's normal but this coins aren't program to dump without sharp correction, it's easier for usdt or go back to 1$ when it loss value sometimes to 0.9$, I hold USDT and I know how they works, I'm not holding to make gains but for buy backs. 
This is right, most stable coins are not 100% stable. The good thing here is that you can decide when you want to sell your stable coins, this means you shall not sell if the coin is way below 1$ or the currency it reflects
Yea stable coins fluctuates in price but it's nothing to write about since it's only 1% loss most times, this is not something to be worried about and it's not enough to condemn stable coins or say that they aren't actually stable
FreeStreamer what's up with you and stablecoin? Lol anyway, there is no loss holding stable coins, the lower I've seen them go is 1% loss, around 1$ to 0.99$, that's what you are going to see, stable coins works perfectly ok and thanks to them they makes trading more interesting and easy
The value $1 itself never stable because the value keep changing more precisely it keeps decreasing. 
You may not making anything by holding stble coin so use it wisely for your trading activity and try to cut down the conversion fee and make more money to buy decentralized cryptos with the profit you made.Beyond this I don't fund any real use case for stable coins. legendary
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A cryptocurrency being a stablecoin does not mean that the price is literally perfectly stable. It means that there's an effort to stabilize the price as much as possible. Different stablecoins use different methods to stabilize their price. Some peg the value to some other relatively stable asset like the dollar, gold or sliver. Others attempt to stabilize the price themselves by regulating the circulating supply in relation with market capital so that the price stays stable.
I have seen some old platforms were using their own formula to create a stable coin but there's none of them have become a successful project as the price dumped a lot and some projects worth almost zero value. At least the coin that backed by the real commodity will much better even if that will not be forever
Stable coins either hold the fiat amount/commodity they are pegged to or have an escrow larger than the value of their issued coins. A stable USD coin either need to hold US dollar or need to have an escrow thats more than sufficient to cover the USD and if the value went down, they'd need to either increase the escrow amount or decrease the supply. For gold backed coins, they also need to maintain the amount of gold equal to the value of their issued coin or a larger escrow.
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