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Topic: Your favorite stablecoin?? - page 5. (Read 21250 times)

jr. member
Activity: 127
Merit: 6
April 25, 2018, 05:09:03 AM
#89
Quote
Ethereum is developing it's own stablecoin - World Trade Francs (WTF)
https://blog.ethereum.org/2018/04/01/announcing-world-trade-francs-official-ethereum-stablecoin/
Ethereum is developing its own stable coin? Never knew about this. Thanks for the information.
Haha, good one Grin Look at the date and the official ticker symbol ...



Heh, yea. Sorry about that, was April Fool’s joke. There will be no WTF. My bad, I didn't check the details sufficiently.
newbie
Activity: 196
Merit: 0
April 22, 2018, 10:40:21 PM
#88
I want to say if I am not a fan of this fixed convertible coin/token like Tether. But I have seen some negative speculation about it, so I am not looking for it anymore. Crypto-Currency is closest to the stability that I get now. And also we do not need stability because we can not benefit if all coins become stable. You should change your coins into USD or local currency to avoid the dangers of being volatile.
jr. member
Activity: 224
Merit: 8
April 22, 2018, 10:26:40 PM
#87
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 see the development of coins getting a day is getting better. so for the value of all coins were able to become the green market. but the development of each coin is uncertain because not all coins are having a stable development. Litecoin is a coin with the development of stable enough.
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
April 22, 2018, 10:21:53 PM
#86
Yup... I agree with you. Whenever I need to make sure that my investment doesn't go down in value, I just convert them to USD. Tether is going through a lot of problems now. I will not trust that currency until they publish their audit findings.
Well, do you really convert it into "USD" or, for example, into "BitstampUSD"?

Exchange "USD" wallets are equally risky than Tether and other centralized "stablecoins". You could obviously try to use the most "established" ones (like Bitstamp) but I think everybody here remembers an exchange called oficially "Magic The Gathering Online eXchange" Grin

(There is actually an exception: There are a few European exchanges, like Paymium, that store their USD funds in a wallet of a partnering "bank-like" payment processor. In this case, if the exchange ceased to operate, in theory the State "backs" the losses and will return amounts below 100000 EUR as part of the Deposit Insurance.)
member
Activity: 210
Merit: 10
April 22, 2018, 10:07:32 PM
#85
I chose the maker dao, because Maker Dao is supported by ETH and their coins are stable. Koi is in my opinion very profitable if managed properly. In part its shortcomings move slowly but it is not a problem of slow moving origin in the rise and stable prices are not volatile
full member
Activity: 221
Merit: 101
April 22, 2018, 10:04:58 PM
#84
havven all the way. planning on picking some up on kucoin

I only have bitcoin and this coin is a stable coin for me and since it is a king of all coins so thats the reason why i only have bitcoin because i know that it can give me a big profit and other coins only depending bitcoin like if the price of bitcoin rise their prices is also increase and if the price of bitcoin decrease the price of other coins will also decrease thats why i can tell that their only depending bitcoin.

Yeah right, bitcoin is the king of crypto and it decided the value of other crypto currencies. If it goes up, others go up too. If it goes down, others are also down. So the most trusted coin of course is bitcoin but can't say it is stable. It is highly volatile but that's how the crypto works. Because of its volatile nature, we earn huge amount of profits too.
member
Activity: 188
Merit: 10
April 22, 2018, 10:00:25 PM
#83
Its known to all that,in the world nothing is stable and nothing is permanent..in cryptocurrency every  coin are not stable.every coin are stay in up and down.bitcoin stay in top of cryptocurrency world.at last I like bitcoin.

Cryptos generally are not that stable in nature. As its not being regulated so the stability factor is out of question and this also helps for people to expect the significant movement happening and you can make money from this rise.

We are as holder or investor in crypto world should know what is the main characteristic of crypto. Crypto has very volitle and it will never been stable.
If the bitcoin or other altcoin are stable then nobody will involve in bitcoin world because people  like its volatile to make profit from.it.
legendary
Activity: 3332
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
April 22, 2018, 09:53:49 PM
#82
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.
Never used any of these stable-coins. When I need stable coin, I use USD.
I'm trying to stay away from USDT. After reading a lot about it, I can't trust them and I'm really sceptical about it.
Never heard about Havven? Which exchanges have it? I would like to see more information about, because I tried tosearch and didn't found anything.

Yup... I agree with you. Whenever I need to make sure that my investment doesn't go down in value, I just convert them to USD. Tether is going through a lot of problems now. I will not trust that currency until they publish their audit findings.
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
April 22, 2018, 09:48:01 PM
#81
Quote
Ethereum is developing it's own stablecoin - World Trade Francs (WTF)
https://blog.ethereum.org/2018/04/01/announcing-world-trade-francs-official-ethereum-stablecoin/
Ethereum is developing its own stable coin? Never knew about this. Thanks for the information.
Haha, good one Grin Look at the date and the official ticker symbol ...

The Forbes article is quite bad (typical "contributor" level). They do not even mention Bitshares (already mentioned by CoinHoarder, NuBits, and the Steem dollar. I'm getting impression that the "author" thinks that crypto begun with ERC20 tokens  Roll Eyes  (in fact, Dai is pretty similar to BitShares).

Havven, however, was new to me. The system reminds me a bit of BItshares' "peer to peer collateral" but has some unique features like the transaction fees that add value to the collateral. However it seems still a system that relies pegs to fiat currencies (e.g. eUSD) and other "real world assets".

What is my favourite? For now, clearly Bitshares. NuBits has proven to be unreliable and the peg eventually collapsed, the Steem Dollar, in contrast, appreciated way too much for some time (so it became risky to buy it), and the centralized stablecoins (Tether et. al.) aren't really better than PayPal (only that you can track them on a public blockchain, but you can't track the reserves behind it). Dai and Havven can be competitors to BTS but we'll see if their pegs hold.
jr. member
Activity: 312
Merit: 1
April 22, 2018, 08:06:24 PM
#80
Havven is my favorite stablecoin and overall project this year. Great idea and team
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
April 21, 2018, 07:47:05 AM
#79
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.

They are necessary for crypto currencies mass adoption in economy and industries. Mass adoption needs stability, but current stablecoins have too many flaws.

ETH, BTC, LTC, etc are NOT stablecoins. Ethereum is developing it's own stablecoin - World Trade Francs (WTF)

Quote
Unfortunately, we’ve found that the existing stablecoins all have various flaws; Tether is unauditable, Nubits has already once collapsed in price, Seignorage Shares is after three years still just a whitepaper and MakerDAO is an inadequate joke because…. reasons.

This situation has prompted Ethereum ETH to develop and launch the World Trade Francs (WTF) which is a decentralized 4.0 stablecoin that is solely based on the next-generation blockchain technology. The stablecoin particularly is tailored to develop a free trade as well as an economic interaction system that will integrate the next-generation blockchain alongside the hypercube tangle technology.
https://blog.ethereum.org/2018/04/01/announcing-world-trade-francs-official-ethereum-stablecoin/
Ethereum is developing its own stable coin? Never knew about this. Thanks for the information. Coming to the question posted by op, I wouldn't rely on stable coins like USDT(Controversial) etc since unstability is an inherent property of cryptocurrencies which can be minimized, but cannot be eliminated completely. I feel like most stable coins could end up being scams since no coin or token is completely stable in this extremely volatile crypto market which is why I advise not investing into such coins. Instead, focus on investing into popular coins like Bitcoin etc.
jr. member
Activity: 127
Merit: 6
April 21, 2018, 07:32:38 AM
#78
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.

They are necessary for crypto currencies mass adoption in economy and industries. Mass adoption needs stability, but current stablecoins have too many flaws.

ETH, BTC, LTC, etc are NOT stablecoins. Ethereum is developing it's own stablecoin - World Trade Francs (WTF)

Quote
Unfortunately, we’ve found that the existing stablecoins all have various flaws; Tether is unauditable, Nubits has already once collapsed in price, Seignorage Shares is after three years still just a whitepaper and MakerDAO is an inadequate joke because…. reasons.

This situation has prompted Ethereum ETH to develop and launch the World Trade Francs (WTF) which is a decentralized 4.0 stablecoin that is solely based on the next-generation blockchain technology. The stablecoin particularly is tailored to develop a free trade as well as an economic interaction system that will integrate the next-generation blockchain alongside the hypercube tangle technology.
https://blog.ethereum.org/2018/04/01/announcing-world-trade-francs-official-ethereum-stablecoin/
member
Activity: 448
Merit: 10
April 21, 2018, 02:45:09 AM
#77
For me, the best stable coin is Eth because aside from being the most widely considered and used cryptocurrencies in the world, big companies adopt the use of this coin since its technology and platform are much advance and we'll adopted by many investors.
sr. member
Activity: 812
Merit: 256
April 20, 2018, 11:59:42 PM
#76
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, I have always believed in investing altcoin in the top # 100 on https://coinmarketcap.com. I hope to draw well in the second half of 2018
jr. member
Activity: 135
Merit: 5
April 20, 2018, 11:57:42 PM
#75
havven all the way. planning on picking some up on kucoin

I only have bitcoin and this coin is a stable coin for me and since it is a king of all coins so thats the reason why i only have bitcoin because i know that it can give me a big profit and other coins only depending bitcoin like if the price of bitcoin rise their prices is also increase and if the price of bitcoin decrease the price of other coins will also decrease thats why i can tell that their only depending bitcoin.
member
Activity: 135
Merit: 10
April 20, 2018, 07:27:17 PM
#74
havven all the way. planning on picking some up on kucoin
newbie
Activity: 103
Merit: 0
April 12, 2018, 07:53:10 PM
#73
some of these people in this thread are posting just to spam lol. this thread is about stablecoins. if you don't know what that means, look it up.

in good news today, havven released their audit - https://blog.havven.io/read-the-eusd-audit-report-by-sigma-prime-9540f0cb5464
newbie
Activity: 120
Merit: 0
April 11, 2018, 01:32:49 AM
#72
what are you talking, what stability you speak, capitalization has fallen in several times, now there is no stable coins anywhere, i think now hold only fiat and wait the turnback
newbie
Activity: 58
Merit: 0
April 11, 2018, 01:25:46 AM
#71
I Think BTCUI And HighT coin is best Smiley
full member
Activity: 504
Merit: 106
🚀🚀 ATHERO.IO 🚀🚀
April 11, 2018, 12:09:42 AM
#70
For me, my favorite was ETH.Everytime I got paid from work, I will topup my wallet so I can buy ETH. I have been doing it for months now and I don't have any plans on stopping it. I will continue to do it until November. I will sell it before Christmas because I will be needing the money by that time. My ETH will be my savings for this year and hopefully it will go up again.
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