Bitcoin Forum

Please I want to know, and what do you think about Thether?

What do you mean about thether? maybe the correct word is an ether... there is no a stable currency in this time a lot of crypto is always getting the volatility in their price for every time. and how you wanna for searching about the stable cryptocurrency? maybe bitcoin is your answer.

Nah, there is no stable cryptocurrency because of the fact that they are under(for lack of a better term) supply and demand. The less supply and more demand means a higher price and vice versa. Although, if bitcoin(and other alts) were stable, more people would probably adopt the cryptocurrencies.

If you want stability marked in USD you should just hold USD... Most stable crypto is Bitcoin.

Maybe what do you mean are eter coins like ETH,ETC and DAO, in my opinion for today ETH is stable coins but the price is too high for making investment into ETH. And in my opinion if you want make investment in eter coins, you can try ETC because the price is going down and maybe it will going up again.

Not, all are unstable in higher or lower level, but you could use more stable than are btc, monero, ethereum And if you have any trouble You can choose to have only dollars.

But if you want to invest in cryptocurrency you need understand that there is always a risk of losing something of value

Ah, this fancy Ethereum. ::) He meant Tether (USDT), which is priced @ $1.

From my understanding most crypto-currencies in their current form are similar to commodities. Their pricing is subject to fluctuation owing to demand and supply. Due to the same, it is safe to believe that value pegged currencies in crypto will be hard to come across. There have been attempts to do so, but most have failed so far. What you can do is peg your crypto to a dollar value so it stays as is. Certain exchanges currently let you do the same. If stability is what you seek, then in the current form - certain banking solutions such as fiat are your best bet. However you'll still have to keep an eye out for inflation, government policies and changing sentiments of the market. In other words - a completely stable currency is virtually unattainable. Crypto is not a good place for you to seek currency stability either.

I do not know enough about tether to be commenting on the same rather unfortunately.

major theoretical question here:

stable to what measure?

-usd$ (looks like your pick)
-other fiat ... JPY, CNY
-gold, silver
-cattle futures
-oil
-bitcoin
-litecoin
-monero
-S&P500

;)

Tether is a pegged token. It is always worth exactly $1.00. It's very stable. You can use it on exchanges like Poloniex and Bitfinex to trade with. I'm not sure what other vendors accept Tether. You can use Tether to transfer funds from one place to another, or back to your wallet, without having to worry about any downward market movements for BTC or other cryptocurrencies while the transfer takes place. You may need to share your KYC info with certain places to use Tether.
However, you should remember, that the US dollar is not exactly perfectly stable either. It buys less and less as the years go by. It is also created out of thin air by the banks via issuing loans. The bubble's going to burst some day. All the US dollar is backed by is the integrity of the US government.

there are no stable cryptocurrency even for thether because all of cryptocurrency is depend from buy order and sell order. if there is no buy and sell order, then the rate will be stable but it will be get dissapear because there is no support demand and supply, just waiting for the time to get dissapear.

You always have the option to convert your Tether via bank transfer for a fee of $20.00 or 10%, whichever is greater. The only risk you are taking is that the people who run Tether decide to take the money and run. Also, if you have your Tether on an exchange, the exchange can take the money and run. Or get "hacked" like Bitfinex and make you take a haircut.

Yes, Tether (USDT) is stable and has been for sometime, also Nubits use to until recently found out.

Go for the most stable of course bitcoin and coins that already has merchants and community built in it,also there are some start up coins with innovative features,you're lucky if you can stumble one .

What is all about Thether? or are we gonna still answer what the OP said? there are plenty stable cryptocurrency in this forum you can search for the ethereum , dogde and other in alt coin discussion thread as you can see there also a lots of ico that will never live long and will die that fast

If you really find some stable coin i think dogecoin is the one you are finding and as you can see(check if you have time) the price of doge isn't moving since thes days and i think th priv would remain stable unless theirs a big whales who's gonna invest for this coin to get back a little life again, so better go for doge its because you can make sure
That your money will not be go down as faster as you expected.

Tether is not a "peg". Tether is an asset-backed token...
Each Tether is backed by 1 USD sitting in a Hong Kong bank.

And based on the way Hong Kong regulatory authorities hung Bitfinex Customers out to fucking dry...
Tether likely carries very substantial counterparty risk.

"Pegs", on the other hand, are very expensive to maintain...
Because they require maintaining a delta neutral position and adjusting it hourly/daily...
(Even with their advantages, both the British and Swiss central banks have gone broke in recent years maintaining pegs).

http://www.investopedia.com/terms/d/deltaneutral.asp

There are no wacky short cuts to delta neutral (like the SBD "dollar peg" fiasco that's always off by 20%)...
Someone has to pay the FULL cost of negating volatility.
  

I don't think so, dogecoin price keeps fluctuating every month after the huge pump in January this year. There is a possibility it will continue by the end of the year.

holding usd is bad, you will only lose money because of the inflation each year, holding any fiat is always bad, they have done this so you are forced to invest and lose even more if your investment is wrong, i hate centralization

BitUSD from the BitShares network is supposed to be stable (pegged) to the USD.
And it doesn't use a 3rd party trust as tether do.

The only problem is the volume of transaction that is low for now.

there ain't and probably never will be a stable crypto.

i wouldn't trust anything that claims to be pegged. not many seem to be able to stay that way for long.

I'd sit on dollars and retain control.

Stable ?

Ask yourself how many times Poloniex has jumped in and froze Ethereum markets.

What does that tell you ?

How "stable" does a coin need to be if exchanges are the stability by design ?

Rather than letting a coin tank in price like they would in the old days in Crypto..
NOW.. Poloniex etc jumps in and "pauses" markets.

Poloniex = Centralized Crypto Federal Reserve ..pulling the strings ..for profit (Their profits)

Buy ETH and Trump !! If you want low investment then go for net coin and blackcoin they are stronger altcoin which are stable and dont forget to DMD which is also somewhere best and stable coin

thanks
regards

ETH?  Oh yeah, totally stable. [/S]

Bitcoin is it as far as stability AND liquidity.  Some shitcoins are stable at 0.00000001, but you can't use them because no one else does.

Other coins that get used are totally unstable, including ETH.  DOGE isn't too bad as far as stability, but I wouldn't count on it.

Stability is an Illusion.

We Live In a Universe of Constant Flux.  ;)


Embrace the Flux.  :D

 8)

Is there a stable cryptocurrency? Most of the people involved in those currency are treating this system as an investment so no way it can't become stable. Even bitcoin is not stable since it's inception.


In terms of price bitcoin isn't stable. Now imagine, bitcoin has been accepted now in some of the merchants and yet the price isn't stable. How come to those other crypto?

I don't quite get how the exchanges can pause the markets of crypto. can you expand this so we'd better understand it?
I'm sure there are lots of us that don't really understand it while we keep pretending we do :)

yes , there is a coin whose rate never goes down and also i think never had gone down that is ROM .
buy unfortunately we need buyer for this coin . there is less no. of buyer in the crypto market for this coin .its daily increase in rate is about 0.9-1% daily per rom coin .

A bug is announced with ETH.
It is not even exploited causing a problem but in advance Poloniex goes and "suspends trading"
AKA: Pauses the market for the coin.

They did that more than once.

WHY ?

An attempt to control and influence the price of the shitcoin in question.

Appropriate ?

Yeah sure for a centralized exchange that is playing god and tinkering with things they shouldn't.
..just like the US Federal reserve does with FIAT.

And before you all think of crying FUD at me just remember this example i provided you all is..
Your lost opportunity to buy moar cheap coins nom nom nom.
Taken from you by polo staff etc.

Others do it too but the last while Poloniex seems to be taking the lead with that sort of bullshit.

And on a side note... i LOL

Saying there can be NO stability ?
Yet saying there can be 100% secure ANON coins ?
Yup.. large LOL'z  :D

You guys would be screwed in Crypto with out me.. hahahha
You'd be holding your shoes asking how to make a grilled cheese sandwich asking where to put the lemons !

Silk Network has developed a binary coin system to make a stable digital currency.
https://bitcointalk.org/index.php?topic=1601099.0
https://silknetwork.org/files/brochure.pdf

https://i.imgur.com/GVbSE0c.png

you are right but here i am confused that the price rate of bitcoin keeps on fluctuating every second then how can you say its price never get down . actually the price rate in doller goes down and up. 

We need a real competitor against Poloniex.

Before any real competitor exists, Poloniex still has its biggest influence in altcoin markets.

I think we need a system like a decentralized autonomous exchange.
I don't say one with a coin tacked onto it either..
What i envision would be waaaaaaaaaaaaay harder to make than Bitcoin was at first.
So i don't see any advancement in that area any time soon.

I'm thinking of a system that is automated as possible that would allow trading of coins etc
But i have seen nothing so far that is like what i envision we need.

OR..

We need to push in the other direction to be more centralized and compliant and standards based.
Exchanges are business's designed to make money.
Problem is they are controlled by select people who have far too much power.
And they can too easily be corrupt.
Worse of all is there is no over sight or laws / regulations governing them.
They can literally do anything and get away with it.

If Mark from Gox had been pressed with regulations and forced to have financial transparency it would have been different.
He was given 100% freedom to screw with shit in the shadows as he wished.
And you all all enabled him to do it by acting like cheerleaders.
Because your small tiny little profits depended on it..

You trust people who run exchanges these days ?
I don't trust ANY of them at all !

The system is broken and that is where the coins get their most usage..
It's where they are usually bought & sold ..and die.  :o

I had quit long ago arb'ing coins because the stability was gone and dead.
During coin pumps all too often an exchange would randomly have network issues
and your transfer would only show up AFTER the pump was long done.
Sending coins in a consistent time frame was no longer possible.
Your Doge coins may show up in 5 minutes or be gone for 3 days or 3 months.
Kind of a nasty kick in the fucking teeth when arb'ing coins in a volatile market.. with wild swings because of "pumpers"

The coin itself is only part of the equation of "stability"
In a way the exchanges are apart of the coins.
Which coins don't end up traded on centralized *potentially corrupt* unregulated exchange business's ?
NONE.. they all end up taking the same path ..which is NOT STABLE !
Far from it.. it's broken !
How many exchanges have cried i wuz hacked ?
I lost count..

PS:
Circuit Coin Design ? WTF ? LOL  :o

BTC and LTC.

You mean Ethereum? Well, as I have read it had been esrablished for a long time so in terms of people's trust they already got it.  Stability? No. Why would you want that? I came here because I want to play with the price of crypto I see a lot of movent from it and that means money.
If you want stability. Buy a piggy bank then drop your excess money there everytime you have some. It will be stable. No price increase or decrease.

As far as I know one of the stable cryptocurrencies is Stellar and you can check its price by googling "1 STR= USD" as STR is short for stellar .

Bitcoin isn't stable at all. The price is constantly changing. Even if the price has been stable in the last month, it won't take too long until the price will change a lot. I would say ethereum is a stable one.

what does the op actually want a stable crypto currency for? that's quite an important question to ask.

A coin that is even considering let alone executing a hard fork, I wouldn't call stable...

The Bitcoin ain't stable either, but I agree on the Litecoin. Out of all them coins out there, the LTC is has a large base as in terms of mining support whilst spikes either up or down are relatively low (compared to other coins).

I was replying to stable as in how it functions.
But i wonder if the OP meant the price ? Probably  :D

Litecoin has been stable lately. The news from the developers that they will research and then maybe implement anonymous transactions could bring some upward volatility which will be good if you are an investor.

Tether it is stable, until is not.

On coinmarketcap has a very slight fluctuation (0.99 USD) from it's objective: 1.00 USD.

However be aware that Tether is an altcoin.