Topic: Will Stablecoins have a future? - page 8. (Read 16442 times)
As you know stablecoins are good for future and in future most of investor will invest in these coins because investors more trust on stablecoins and will invest .
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 development of crypto currencies or altcoins in my opinion depends on the investor's own trade and investor interest in the coin is a major factor in his investment
maybe in the coming year it will develop because now the development of technology is getting faster and for the criterion itself maybe in the coming year it will be able to be used in all countries.
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?
Stablecoins are not going anywhere, it will stay as long as cryptocurrency stays and crypto is a forever thing.
As you said stablecoins are safe heaven among many investors and it is 100% true. Investors need such stablecoins and they can't ignore it.
Tether has gone below $1 and it has also gone to above $1. I have seen $1.03 max so far and with a low of $0.94
In my opinion, stable coins have a future. Because stable coins include coins that are highly sought after by investors to secure their assets.
But in my opinion, stable coins are not suitable for people who want to get big profits, so I think their interest will decrease if crypto improves.
But in my opinion, stable coins are not suitable for people who want to get big profits, so I think their interest will decrease if crypto improves.
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?
the stable coins are also important for the every country to stable because their currencies like USD and some other currencies are had strongest position in this world from a long period of time show the cryptocurrencies and also the stable currencies will needed for the future to be most stable 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?
Stablecoins surely has a bright future. It is still evolving and has been incorporated into multiple applications of life. It has made transactions fast, secure and more efficient.
Yes, maybe the stable coins will have a future, but for this need to be transparent on what teams who create these stable coins to do what they say and not create extra coins when they want without any real back up of real money.
Not quite sure what you mean by Stablecoins?If you are under this understanding Altcoins,then Yes they will have a great future,particularly those projects that can realize their ambitions,and to develop projects,if you're talking about what a Slag Coin that is not clear to them,they surely soon will die and widets market
Stable crypto coins are just like any other cryptocurrency and they have good future in some years to come. Most of these stablecoins are used as a pair to other volatile crypto coins on most exchange platforms to help traders and investors to trade with low tendency of them losing money.
Why do we need these stablecoins, when we already have similar currencies in the form of Paypal and Skrill? A stable coin is just a digital version of the United States dollar. It has nothing to do with the original crypto-coin invented by Satoshi. It's exchange rate will be determined by the central banks of the United States.
Fully agreed. Stablecoins are the dead way for crypto. Because they contradict the essence of crypto money. I don't see any benefits from other bank's money. Only new players with new rules on money market. But for what? For trading? It's not a main goal for any crypto 
I think that they have a future only as a safe-haven for all of us in cryptocurrency. For example, if you wanted to protect your money, you will be putting all of it on a stable coin such as USDC, USDT. Here is a list of some of those coins.
Why do we need these stablecoins, when we already have similar currencies in the form of Paypal and Skrill? A stable coin is just a digital version of the United States dollar. It has nothing to do with the original crypto-coin invented by Satoshi. It's exchange rate will be determined by the central banks of the United States.
Of course, stable coins will have a future. Many traders use stable coins as a trading tool. This will continue as long as the cryptocurrency trade lives.
Of course they will have a future. They are unstoppable and they are worth 1 dollar. No matter what.
I think that can happen if stable coin still has a request and can still provide a solution because if there is no development and does not have a good project or platform, the coin price will fall very cheaply even the price can be less than $ 1.
until whenever the stable coin will always be needed at this cryptocurrency. because stable coins are very useful for securing the assets of traders when they decide to stop trading and exchange their coins to fiat currencies.
Of course they will have a future. They are unstoppable and they are worth 1 dollar. No matter what.
I have been checking a few of these stablecoins, and one of the most disappointing things is they use someone else's blockchain. Most are ERC-20 tokens, so they use the Ethereum blockchain, and moving it from your wallet needs gas. Tether does the same with the Bitcoin blockchain (you need satoshis). This is not very user friendly. Is there a wallet that, say, can send Tether using only tether (or at least hide from the user that its using a few satoshis by exchanging the amount required?).
Stablecoins are a scam, created by bankers to give themselves access to large bank accounts loaded up with millions and even billions of fiat.
They are not safe as they are not trustless, and the stablecoin creator can do whatever they want with the fiat they acquire from idiots handing over their dollars.
Fractional reserve, loans, and use of the fiat for other investments is what will happen, with the risk that the entire thing will collapse, they will lose or steal from themselves all the money they have in bank accounts and the stablecoin is no longer backed 1:1 with money held in bank accounts.
They are not safe as they are not trustless, and the stablecoin creator can do whatever they want with the fiat they acquire from idiots handing over their dollars.
Fractional reserve, loans, and use of the fiat for other investments is what will happen, with the risk that the entire thing will collapse, they will lose or steal from themselves all the money they have in bank accounts and the stablecoin is no longer backed 1:1 with money held in bank accounts.
I'm not into stable coins and first time of hearing NuBits and as seen with it's price now, it's below the usual USD price.
$0.006 = 1 nubits
Well, it's true that it's possible that this may happen to some stable coins in the future.
$0.006 = 1 nubits
Well, it's true that it's possible that this may happen to some stable coins in the future.
Jump to: