Your favorite stablecoin?? - page 8.

Activitycoin

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Quote from: suvo05 on March 21, 2018, 08:18:32 AM

I don't like the cryptocurrencies to be stable. We already have the flat money which is stable always the unpredictable nature of the cryptocoin price attracts so many traders to the market,so I think stability is not for the cryptocoins.
If we evaluate the coin price in BTC instead of dollar then LTC and ETH price are very much stable I think.

Exactly it is best thing in crypto currency that it is very unstable and it can move high and low, for now there is no currency has been that fluctuated how much fluctuation bitcoin has and it is the most attractive thing about bitcoin. people like bitcoin as when the buy bitcoin at low [rice and then they hold after holding finally they sell at most expensive price of bitcoin which make them happy and grateful, and financially secure, so bitcoin is an unstable coin and I really appreciate my bitcoin saving for it.

suvo05

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I don't like the cryptocurrencies to be stable. We already have the flat money which is stable always the unpredictable nature of the cryptocoin price attracts so many traders to the market,so I think stability is not for the cryptocoins.
If we evaluate the coin price in BTC instead of dollar then LTC and ETH price are very much stable I think.

Maddinson100

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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 have never heard about stablecoins before, this is my first time. But what are they? Are they also cryptocurrency or some kind of different assets? Whenever I need something stable, I usually go with dollars or my main country currency. There are also some cryptocurrencies that are a bit stable. I believe Ethereum is a little more stable when compared to Bitcoin. Their prices can tell.

rickadone

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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.

Simple as that! The main reason why we are here is because we want to invest in a coin with a product and solution and apparently a stable coin which apparently makes it centralized and controlled defeats that objective and since that is defeated, what is then the point? I would just rather stick with fiat like you said, since I know I will have my government to deal with if anything happens, than holding a centralized digital currency.

If I want stable I will move to fiat. What is the point holding a stable coin? It total shows one thing if it is stable, which the fact that it is centralized is, controlled and have nothing to offer than to close the normal fiat. So, why would I even trust those who have decided to launch a stable coin when I can just at least stick to the centralized fiat without worrying? I even find it hard to want to leave my holdings during a trade in USDT considering all the things that have been said.

Btc_1856

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Quote from: ultrloa on March 20, 2018, 06:49:43 PM

Quote from: 2rbo on March 20, 2018, 04:19:12 AM

How not to say and bitcoin is the father of the cryptocurrency, I think it is the most stable

Bitcoin is not stable coin since its go with the series of pump and dump schemes which truly love by traders. But you could look the monero since for me that is the most stable coin so far and yet potential one to be hold with. And I would rather search for new potential ICO coins with working platform right now since those are the new thrend and maybe there's one of them would pump harder in future.

No coin is a stable coin in the crypto market because every coin depends on the price of Bitcoin, mostly people are majorly holding Bitcoin. Once the price of Bitcoin is kept reducing all other coin price start decreasing.

Wabaman

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I dont think there is a stable coin in the market. If you look at charts nowadays almost all cryptocurrencies are flactuating. Cryptocurrency is very volatile, no one can predict when will it rise or drop its price. Although in investing you could say there is a stablecoins, by investing in mutliple cryptocurrencies which will allow you to diversify your portpolio to lessen the risk of losing your investment. Having multiple cryptocurrencies in your portpolio compensates the rising or dropping of each individual cryptocurrency. To put it simple, if one or more cryptocurrency in your portpolio drops while the other cryptocurrency rises, making your investment stable.

ultrloa

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Quote from: 2rbo on March 20, 2018, 04:19:12 AM

How not to say and bitcoin is the father of the cryptocurrency, I think it is the most stable

Bitcoin is not stable coin since its go with the series of pump and dump schemes which truly love by traders. But you could look the monero since for me that is the most stable coin so far and yet potential one to be hold with. And I would rather search for new potential ICO coins with working platform right now since those are the new thrend and maybe there's one of them would pump more harder in future.

jdarren

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My money is on Havven. ICO sold out in 90 minutes and raised $30M beating Power ledger as an australian-based company for amount raised. There is huge demand for something like this. Their system is the only one that makes sense. I see too many stablecoins try to stabilize the price while tying themselves to something that's not stable----> USD or gold. What a joke.

Lots to anticipate especially for mass adoption. these are going to pave the way for that movement.

2rbo

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How not to say and bitcoin is the father of the cryptocurrency, I think it is the most stable

eann014

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I still want bitcoin and that will still my favorite among all coins out there. Yes there are a lot of good coins but if its not on bitcoin, there is no other altcoins. Bitcoin is still the legend.

Saveplus

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We cannot say that there is a stable coin.In cryptocurrency we have no assurance in any coins unless they had a good stabilization and good developement in the market.We all know that they are flactuating and still volatile any moment they can be gone because nothing is permanent in this world.

BillCoin

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There used to be one and only stable coin until the end of 2015, it was litecoin who stabilized at around 4$, it never went down or up more then 10% and was under huge manipulations, now-days, beside Tether which is being backed by the US dollar, I don't think there isn any stable cryptocurrency.
More then that, Tether is not too stable as bitfinex is under investigation to check if they really own the funds to back the tether, if they are found to like about their USD reserve, then tether will be worth nothing as it won't be backed up by anything.

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Quote from: bingble on March 19, 2018, 11:25:51 PM

Quote from: LTU_btc on March 18, 2018, 07:49:50 PM

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.

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.

Can not agree more.

The most stable-coin is USD. If you consider the so called "stable", why do you think about investing crypto coins? You should keep your USD.

USD is not even a coin, is it? It is a real fiat money, cant be called as a coin although most big exchanges let the users to trade USD-Crypto Coins.
I also wondering what is the point of using stable coins like what OP talking about? When we are talking about investing/trading then stable coins = zero profit. I think stable coin is useless at the moment.

bingble

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Quote from: LTU_btc on March 18, 2018, 07:49:50 PM

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.

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.

Can not agree more.

The most stable-coin is USD. If you consider the so called "stable", why do you think about investing crypto coins? You should keep your USD.

passwordnow

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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.

singlecrytpo

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I really think havven is the best out of all of them. The Havven platform uses two tokens to achieve stability.

The havven token provides the collateral for the platform. Nomin tokens (stablecoin) are issued against the value of the collateral token. This dual token approach incentivizes users to hold havven tokens because network transaction fees are paid to havven holders. As more people use nomins for everyday transactions, the value of havven tokens will increase due to the higher fees generated.

I recommend everyone to read into this because it really is very interesting. https://havven.io/

This system is way better than trusting what tether is doing with them being so centralized.

yanlap

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Quote from: bering on March 19, 2018, 11:09:49 AM

people do trading with crypto and also people usually want to get profit from buy the particular coins such as bitcoin or ETH and some of them are very liked volatility because they able to buy at the lower price and sell at the high price and unfortunately volatility always be a part of cryptocurrencies so i'm not really sure people will liked stable coin

This is the exactly same point which hit my mind because we all are here for earning and learning new features of the crypto currency and we really do not want the market to get stable. The stable market is already available in the form of Dollars, Pounds, and Euros etc with bare minimum fluctuations but we have opted for the crypto so that with more fluctuations we can get the chance to earn more in the market with lower level of risks.

marlboroza

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Quote from: LTU_btc on March 18, 2018, 07:49:50 PM

Never used any of these stable-coins. When I need stable coin, I use USD.
~

Exactly.
Besides, who need stable coins when you can make profit out of unstable coins Grin

Quote from: mrcash02 on March 19, 2018, 12:25:36 AM

I had some interest for Tether, but I have seen some negative speculation about that, so I didn't look for that anymore. The nearest Crypto-Currency to stability that I reach now is DogeCoin. Not so stable, but at least well know already to know it's not a farse and that there isn't anything behind it.

I wouldn't call this nearest to stable.

bering

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people do trading with crypto and also people usually want to get profit from buy the particular coins such as bitcoin or ETH and some of them are very liked volatility because they able to buy at the lower price and sell at the high price and unfortunately volatility always be a part of cryptocurrencies so i'm not really sure people will liked stable coin

RamonBTC

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Quote

Coins like Bitcoin and Ethereum and highly volatile.

That’s true, but is it disadvantage for an investors. Nope, volatility is one of the assets of bitcoin and ethereum. Buying on dip and selling on a higher price within the week will give you more profit than an stable market price that would last for a month or two. It is risky, but the higher the risk also means higher the profit.

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