see you in 5 years ...fuck sorry for the people which listen to clowns like you becuase they in deep shit if they cannot figure by them self where and why and how much put money....
Don't get mad.
We have different views here about crypto currencies. Let us respect them and maybe they will learn their lessons one day.
I am also against those stable coins and in fact I have never used any even once.
I still for ETH to BTC and vice versa. Never thru USDT or whatever stable freakish coin it is.
Yes, in time this will all be a scam. We just dont know when. Good for those who made profits using it. I applause them for making it even with the risk that is bound to it.
For those who still havent used it, please stay that way. Never support this kind of manipulated coins just because of FOMO.
Yes I agree with you we all have different opinion and people would learn from their experience,
So why not just let them do what they want OP is just giving out his/her opinion.
The only stable crypto for me would be Dogecoin 😂.
Can one of you please explain so that I and other can see it, what in the hell is a stable coin? How does it remain "stable"? I have heard of usd tether and stuff but how does the price remain the same?
I am not sure I want a stable coin though. I think I prefer it being volatile like a rollercoaster ride. Maybe stable coins that give interest per year like 10%-20% then that would be a nice stable investment (probably) so that might be a good idea.
ok i fucking lazy but i will help especially noobs
1. stablecoin is broad word.....
there are several stable coins and others shit scams....
but think for a moment how you keep coin to be stable?
how
the only logical way is
this: you create code blockchain which reduce the amount of coins where there is no demand which mean no body want it and visa verse when there huge demand alot of people want it the code produce more coins....and you keep stable price....the only logical crypto stable coin.....but
when adoption come and all this industry grow as fast as light code like this will kill the price of the coin because it will produce more and more coins realtive to huge demand.....very simple way to explain real stablecoin crytpo so everyone can understand....but the problem with this code is that its the same like printing money......the most worst idea on plant.....compare to token bomb** which i invested when he was 0.5 usd and has self destruction mean reduce coins with every transaction...so price spike fast...
so this is the most logical way to keep stable price coin in crypto you can play with the code and other cool stuff still its waist of time compare to what staoshi team bring to the table everything is fucking so calculated...
now another defention is usd is stable coin...and its different from the stable crypto coin that reduce or produce coins relative to supply and demand but the end results is the same....
the usd sometime 3.56 or 3.45 or 3.77 = movements relative to debt and realtive to the price per dollar and movement markets = this also called stable
ethereum sometime 245 or 250 or 260 = movements relative to the huge price and market movements(without debt) = also called stable
lite coin also very stable
bitcoin not so stable= 5000 or 6000 or 15k = movements relative to the huge price and market movements(without debt) = not so stable but the reason its because it in the stage of explode and the movements influnce the price heavily
some say crypto backed by dollar?
stablecoin?
something very wrong with this words things as the web have tons of hype new bullshit words...
this hype was also done with vps and hosting all new kind of bullshit words was which what the defeintion behind them???
leave everything aside and just think logically how you keep stable coin....?? the first example with the code which reduce and produce relative to supply and demand then its truly crytpo stable coin but its kill adaption grow and price....
if you speak its stable beacuse its tied to usd dollar which is total bullshit then why you need the hell crypto??? something fishy here as hell
Either way, users of a system like this must trust a third party with their money and its not peer to peer.
another way of stable coins is Back up the tokens with other cryptocurrencies which is more great then other scams.
Create an “algorithmic central bank.” This entails using software to increase and decrease the supply of the stable token to maintain its peg, the most worst idea on planet this code because in the moment coin explode and have huge demand price go down hhhh in other words the system print money..
so stable coin is broad word and uneducated people can talk about this yet each one have different defifntion some dont know what this shit scams and much more compare to word chair which miilion of people will explain the same,