Topic: Will Stablecoins have a future? - page 10. (Read 16442 times)
Stable coins need continues development to be able to survive in this market. Crypto is very competitive market and every coin is trying to be on top. If the coin cannot compete or adjust to the needs of the market it will die. You need to consider the devs developing these coins when investing.
Till now, I consider stable coins as just any other altcoin. So in my opinion, I believe their stability will still be affected by the market and the people behind the stable coin. If the dev team will not sustain its existence and will not find a way to keep up the fast pace in blockchain technology, then, they will find themselves away from the limelight.
The Facebook stable coin will destroy all others.
Deylandra.io – a crypto currency designed to strip the 1% of their power.
Deylandra.io – a crypto currency designed to strip the 1% of their power.
After huge rise of crypto market we had seen a number of stable coins coming into the market and people pouring in.Few years back the option were quite less and thus people had very few options to buy and sell and of course very less pairs.But with the price rising many investors start investing the the crypto field and they always look for stability which was provided by these stable coins only.Thus it is really a vital thing.With so much volatility (ups and downs) in the crypto market whales and big investors need stability and that's the reason.
Stable coins would be an important part of cryptocurrency economics. With the unsuitability of crypto, we can't risk to put everything on a volatile coin while we can not even risk to keep on exchanging them to and from the fiat. So, stable coins are needed. Stable coins would be the future of day to day transactions. They would be the supplement to fiat currency.
Stable coin is not a perfect solution for the volatility of the cryptocurrency space, but it could help mitigate the issue of volatility. I believe stablecoin has a place in the future, many more stable projects will grace the industry and the ones with a flawless structure will stand the test of time. Tether has been very faithful in keeping up with the stride of the market and it has earned popularityaamong other stablecoin.
probably the stablecoin if they are going to have a future!, since it helps to protect themselves from volatility !, the problem is the stablecoin backed by fiat money (usually in dollars) ...
what happens if they remove that parity as happened with gold ?, will begin to print or get more coins out of that "stablecoin" without any backrest ... the best are the stablecoin supported in algorithm or in a cryptocurrency like bitcoin and that you can check your reserves in the blockchain!
what happens if they remove that parity as happened with gold ?, will begin to print or get more coins out of that "stablecoin" without any backrest ... the best are the stablecoin supported in algorithm or in a cryptocurrency like bitcoin and that you can check your reserves in the blockchain!
As long as there is only one route to enter the market in crypto trade, that is only buying unlike with binary options and Forex where traders can enter through buy or sell and make profit, stablecoins will continue to be relevant in cryptocurrency.
Stablecoins have been considered among many investors to be a safe-haven for crypto's volatility. Ever since Tether (USDT) emerged, several other stablecoins have launched in order to provide people with a wide variety of options to choose from. However, the stability of stablecoins is yet to be questioned since we've seen how Tether has gone below $1 in the past.
NuBits used to be a stablecoin too, but now it has lost its peg to the USD. Which means, that the same thing could happen with most stablecoins out there, since they're traded on a free market.
Nonetheless, do you believe that stablecoins will have a future? If not, why?
NuBits used to be a stablecoin too, but now it has lost its peg to the USD. Which means, that the same thing could happen with most stablecoins out there, since they're traded on a free market.
Nonetheless, do you believe that stablecoins will have a future? If not, why?
Jump to: