Your favorite stablecoin?? - page 3.

Perfect35

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Quote from: jack107 on March 17, 2018, 07:50:08 PM

Been seeing a lot of talk about stablecoins lately like this article: https://www.forbes.com/sites/shermanlee/2018/03/12/explaining-stable-coins-the-holy-grail-of-crytpocurrency/#432e3ce84fc6

What do you guys think about them? My personal favorite would be Havven since they're not pegged to fiat or gold and is trustless.

In my opinion, havven is not a stable coin. If I can remember the last time it traded, that was before late last year and it is not on matketcap listing site.
Stable coins are coins that have little or no disparity in price or value and examples of such are USDT, GUSD, TUSD and some others that are accepted as standards for coin pairing. Every other coin is subject to volatility.

adterna

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In my opinion, there are a lot of stable coin in a fiat currency, for example usdt, this coin is a lot of controversy because some say it's the same as the dollar and some say it's not the same as dollat, so after I found out about this coin that turned to coins

batang_bitcoin

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Quote from: ansarose1 on January 18, 2019, 01:26:56 AM

I think there is no such thing as stable coin.

Actually there are many stable coins in the market.

USDT
USDC
Paxos
GUSD

And many more..

Quote from: ansarose1 on January 18, 2019, 01:26:56 AM

If i were to choose a coin to be stabilized its the ethereum coin because several of the ico uses this as for their project rewards.

Ethereum isn't a stable coin.

ansarose1

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I think there is no such thing as stable coin. If i were to choose a coin to be stabilized its the ethereum coin because several of the ico uses this as for their project rewards.

mdzahed134

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SOL.BIOKRIPT.COM

Quote from: jack107 on March 17, 2018, 07:50:08 PM

Been seeing a lot of talk about stablecoins lately like this article: https://www.forbes.com/sites/shermanlee/2018/03/12/explaining-stable-coins-the-holy-grail-of-crytpocurrency/#432e3ce84fc6

What do you guys think about them? My personal favorite would be Havven since they're not pegged to fiat or gold and is trustless.

Good article and grear explanation regarding volatile vs stable coin. Now everyone depending on stable coin because every day initial portfolio reduced specially mostly BTC holder going to convert BTC to USDT. There are few stable coin in the cryptocurrency such as USDT,TUSD,USDC. My favorite one TUSD if USDT is mostly using and highest volume among all of them but there are many rumours spreading a couple of times i heard.

youcansee

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I remain in my favorite asset ethereum, because I like the platform they have and I also believe in the advanced concepts they are running, especially since they have updated thier versions for the better

apilpirman.bisnis

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Bitcoin still my favorite coin so far because always could be stronger when price is down, how many time bitcoin price lower but could back at higher price and it will be bitcoin more power full coin so far.

Jpti

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I have many favorites on my list. But what do you mean by stable coins? You mean comparatively stable coins? As the market is volatile, there are not such stable coins as you have talked about. But established and promising coins I think are ripple, ethereum, eos, stellar, cardano. Ripple is one of my best coins that have much future. I think it will dominate the market in the coming years.

Alohadanc3

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For a long time I liked usdt or tether. Cause everybody use that. I dont know why many people said that we don't need stable coins. But I think for a trader like me stable coin is very helpful at least for me. I don't know the mechanism of it but it save my money most of the time. But after the usdt incident I just decided to divided the most of it. If I have to hold stable coin now I hold some in usdt tusd and gemini. Stablecoun is helpful for me.

akeegan

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Quote from: jack107 on March 17, 2018, 07:50:08 PM

Been seeing a lot of talk about stablecoins lately like this article: https://www.forbes.com/sites/shermanlee/2018/03/12/explaining-stable-coins-the-holy-grail-of-crytpocurrency/#432e3ce84fc6

What do you guys think about them? My personal favorite would be Havven since they're not pegged to fiat or gold and is trustless.

I like your opinion about not being pegged to a fiat or gold. I find Ampleforth peaking my interest lately due to their elastic supply policy. It's a really unique "stablecoin" (if we even want to call it that) imo.

bartusv

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My favorite stable coins are those which are decentralized. I do not believe in those backed by fiat or gold etc.
I like the most the mechanism behind DAI as it is fully decentralized and works on the principle of natural
supply and demand and motivation of the participants.

disconnectme

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Like it or hat it, Tether is still the best Stablecoin in the space, if others can proof they have a billion Dollars in their bank accoun then I will start to take them serious. Tether has done so much for the space than the credits its gets from the whole space because if not for Tether is possible BTC will still below $1000 some people may disagree with this

cryptobae10

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I think for stable coins It depends on the exchanger am using to make my funds stable

For some exchange its tether
For some it’s usdt, usd or usdc

I prefer usd, I don’t know why though

TastyChillySauce00

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Quote from: jozhkesha on January 17, 2019, 06:00:58 PM

I used to use usdt. It seems to me that this token is the most popular now. And this means that it is the most reliable.

And the most complicated aswell, I heard from some people that uses USDT or atleast store their wealth value in USDT asked for their importand data or went through KYC process. That'd be really troublesome for people if the money were frozen in the process.

jozhkesha

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I used to use usdt. It seems to me that this token is the most popular now. And this means that it is the most reliable.

lotfipro

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My favourite coin is USDC by Circle. Firstly, I know for sure that they've passed an indempendent audit. And on their banks deposits they have enough funds. $307 280 744. Today it is the most safe coin for trading and holding.

sssergy

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Your favorite coin havven token but I think or my favorite coin is Binance coin. If you do your perfect calculate you will see BNB token price is stable.

alexcopper

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Quote from: passwordnow on March 19, 2018, 05:56:08 PM

It's funny to see that someone is able to pay an article writer just to advertise these coins for his own benefit. I'm not familiar with these "stable coins" but only tether. It can be stable for now but time will come that this can be one of the most frustrating coin or it can be one of the best. We all know that crypto coins are volatile.

I agree, stablecoins aren't actually 'stable' at all.

Ifychuks

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Quote from: maarx on March 19, 2018, 12:12:12 AM

Quote from: npredtorch on March 18, 2018, 08:31:57 PM

I'm not a fan of these fixed conversion rate coin/token like Tether. The same with LTU_btc, I always prefer my own local fiat currency if I want a "stable" status for my investments (PHP).
Also, AFAIK there's no local exchanger for them that's why it could take a longer process for real life usage. (Ex. bitcoin -> Tether -> if I need php / instead of bitcoin -> php )

Nothing turns back with stable coins. Crypto's nature is pumps and dumps. There were the real profit is seen. If the crypto is stable, then i would prefer my own local fiats then a stable coin. And if all crypto coins are going to have a stable value, I don't think everyday we would have a new ICOs coming in and more investors falling in crypto market. So fluctuation in price is the main source of crypto's growth.

I personally don't think there's any coin to be considered stable. Like you said, if coins become stable that means day traders will be out of business because they get profit from rise and fall of coins.

Tiger 8.8mm

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Every stablecoin is good and bad in some way. There are multiple kinds of stablecoins, too. The biggest ones right now like Tether, are seeing backlash because there is much controversy around if they are actually backing their tokens 1:1 with a USD.

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