Bitcoin Forum

There is no such thing as a stable coin



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spread this kind of info

In summary: crypto has value because it is censorship resistant. It allows for value transfer and running of decentralised applications in a structure that is robust to state and well-funded actors attacking.

As soon as you try to jam “stability” into this, you are going to be compromising on these underlying value drivers. Once you do that, you may as well be centralised. Run a centralised exchange where you hold USD deposits.

Basis Raises $133M To Create Price-Stable Cryptocurrency



how much people fall this shit fucking unbelievable...then when all other great low supply projects grows and much more ... they fucking wake up hhhhh

new user like new_ethnos


say it nice

Idea of StableCoin have no real meaning. hhhhh

The worst idea in cryptocurrency.

Successful restaurants have a profit margin of 3-5%. Credit cards have a processing fee of 2-5% + monthly + fraud is on the merchant.

With (something like) NANO, some restaurants could double their operating profit without raising the price for the consumers. 


what the idea of crypto can do

Successful restaurants have a profit margin of 3-5%. Credit cards have a processing fee of 2-5% + monthly + fraud is on the merchant.

With (something like) NANO, some restaurants could double their operating profit without raising the price for the consumers.

If you don't wanna lose the amount of USD you got in BTC while its been dumping, you move your coins to USDT. Its a stablecoin whether you like it or not. BTC is partnered to it for is purpose. The reason why newbies lose money is because they didn't use stablecoin upon holding their BTC as it is.  You don't need to know how how they pegged it to USD but its been that way since the time I learned crypto.

lets start

i was there when bitcoin was zero and other top coins with low supply....and i never ever put money to any shit stablecoin which is totally bullshit, i shit as lazy to go to depth about this shit which is why the web is danger...its dominated by bullshit....


go invest in stable coins :))))))) i dont put nothing to this scams i know why no body can sell me bullshit hhhhh ...yet it very simple


the price of lite coin and ethereum and other coins is stable and grow....so what is stable coin....the all point of crypto is to grow

wait did you understand what shit you talk ....

what the hell is STABLECOIN .....???



 You don't need to know how how they pegged it to USD but its been that way since the time I learned crypto. --- what this bullshit you speak you dont need to know how they pegged it to usd???? hell you fucking dont know what you speak even....

i never ever put nothing to this scams....i was there with neo and dash and monero and factom and zcach and other top low supply coins and i know why i was there everything from analysing everything....

this is the most bullshit statement i heard like yours --- You don't need to know how how they pegged it to USD but its been that way since the time I learned crypto. --- what this bullshit you speak you dont need to know how they pegged it to usd.

see you in 5 years ...fuck sorry for the people which listen to clowns like you becuase they in deep shit if they cannot figure by them self where and why and how much put money....

The reason why newbies lose money is because they didn't use stablecoin upon holding their BTC as it is.  You don't need to know how how they pegged it to USD but its been that way since the time I learned crypto.


what this statement say do you hear yourself ...its empaty without meaning ....the only ones that did money if from projects like bitcoin and others compare to stable coins...

fucking dumb ass hole

if you was teacher in crypto hell how much students was jumping out of the windows while they see other smart people make money from real cryptos ...

like bitcoin and other low supply coins.....there is no such thing stable coins you dmub ass uneducated shit and never will be....

lite coin very stable ...and grow nice its a hint what its mean stable!!!!! but i dont want to get to something that donty grow for sure why

its scam

Like it or not. But there are! There are stable coins on the cryptocurrencies market!
Stable coin is a structure that facilitates all transactions on the market. And yes the market also has enormous benefits.
First of all, not everyone wants to trade with the BTC pair! Therefore stable coins are a good alternative!

Dude. Slow down. Facebook as far as I know is developing a stablecoin. Gemini also has stablecoin of their own. Whether you shout shutup fro the top of your lungs, tether is going to end up being a stablecoin. You have no power over it to shut it down. What you just need to do is play by their rules as its not your game. That's a fact.

 and dont take personally this you just far away from be educated ....save your ass ...and dont trap other to this bullshit scams...most of the time from what you say you put money this scams and protect them...this is the nature of unlogical mind which cannot figure out how things works...

i fucking lazy as shit but i will try explain the scam of this projects..... to help 0th3rs here

drop your mic from now

when you say chair to someone he know exactly what you mean the definition of it it have 4 legs and other shit and we can seat on this....compare to the word sipirtuality where 2 people can all day long speak about this and they dont have any properly definition of the word ...basically there is no definition hhhhhh just uneducated people ....because the word chair 100000 people can excatly say what it is and for what but compare to the word spirtuality

no body can define this yet people all day long talk about this like the word chair in 0th3r w0rds few people can speak about spirtuality and each mind have different difintion yet they feel they talk about the same shit  ...this is what call scam on dumb ass people which uneducated in simple things in life...  go to some smart mind who learn in mit or oxford or other good school ask this what i writed here he will tell you exactly what i said

the same with the word STABLECOIN???

lets m0v3 on

1. the dollar has moves....small moves but move.....3.62 or3.45 or and so on  the moves relative to the price and the movement markets include the 20 trillion debt of america which droped very hard euro paper money......is it stable money????

lets for example as you say pegg crypto stable to Greece paper money is it stable crypto when Greece falled and the banks was closed???? the only one who survived there the ones who was involve with crypto


lets move.....the movement of ethereum and litecoin is the same like dollar and other paper money just huge price and the movement relative to the price and movement markets but its stable as dollar movement ...i mean relative very important factor to understand that stable coin is bullshit


so stable coin what is after we read what i wrote here....every paper money have movements and some of them dont worth nothing

lets go to loggic lets say you create stable coins in this manner    you produce x amount of crypto coins when people dont buy it you reduce supply when people to much buy it you add more supply the only logic to explain stablecoin like the word chair with definition..... 

but the hell is the worst idea on planet.....we see prices in super markets that rise and other things and crap salaries its mean we need crypto because its can grow...


now if your stable coin is grow when ther3e are alot of demand and shrink when there is l0w demand...its fucking the most stupid idea i ever heard .....

....


so what is stablecoin....you fucking kill me you dont need to know how they pegged crypto to usd ....hell you so uneducated people put here money on the table they need know everything.......

Don't get mad.
We have different views here about crypto currencies. Let us respect them and maybe they will learn their lessons one day.

I am also against those stable coins and in fact I have never used any even once.
I still for ETH to BTC and vice versa. Never thru USDT or whatever stable freakish coin it is.

Yes, in time this will all be a scam. We just dont know when. Good for those who made profits using it. I applause them for making it even with the risk that is bound to it.
For those who still havent used it, please stay that way. Never support this kind of manipulated coins just because of FOMO.

you also drop your mic

 and go to some smart students in mit or oxford or other high schools show them this and they will tell you...you dont know what you speak....why stable coin is huge scam and facebook in this business also whats wrong......but ask smart fox in great schools what i tell you here you will be shooked by the answer there is no such thing as stable coin,,,,and one example is maybe you have crypto coin which grow when there is huge demand and shrink when there is low demand...mean no body want it to keep price stable but its the most wrost idea on planet and we see how prices go up in super markets and other shit and what happen....lets close this like this the term stable coin is broad and we need to get to exact definition before we speak about it....

i fucking lazy as shit but i will try explain the scam of this projects..... to help 0th3rs here

drop your mic from now

when you say chair to someone he know exactly what you mean the definition of it it have 4 legs and other shit and we can seat on this....compare to the word sipirtuality where 2 people can all day long speak about this and they dont have any properly definition of the word ...basically there is no definition hhhhhh just uneducated people ....because the word chair 100000 people can excatly say what it is and for what but compare to the word spirtuality

no body can define this yet people all day long talk about this like the word chair in 0th3r w0rds few people can speak about spirtuality and each mind have different difintion yet they feel they talk about the same shit  ...this is what call scam on dumb ass people which uneducated in simple things in life...  go to some smart mind who learn in mit or oxford or other good school ask this what i writed here he will tell you exactly what i said

the same with the word STABLECOIN???

lets m0v3 on

1. the dollar has moves....small moves but move.....3.62 or3.45 or and so on  the moves relative to the price and the movement markets include the 20 trillion debt of america which droped very hard euro paper money......is it stable money????

lets for example as you say pegg crypto stable to Greece paper money is it stable crypto when Greece falled and the banks was closed???? the only one who survived there the ones who was involve with crypto


lets move.....the movement of ethereum and litecoin is the same like dollar and other paper money just huge price and the movement relative to the price and movement markets but its stable as dollar movement ...i mean relative very important factor to understand that stable coin is bullshit


so stable coin what is after we read what i wrote here....every paper money have movements and some of them dont worth nothing

lets go to loggic lets say you create stable coins in this manner    you produce x amount of crypto coins when people dont buy it you reduce supply when people to much buy it you add more supply the only logic to explain stablecoin like the word chair with definition.....  

but the hell is the worst idea on planet.....we see prices in super markets that rise and other things and crap salaries its mean we need crypto because its can grow...


now if your stable coin is grow when ther3e are alot of demand and shrink when there is l0w demand...its fucking the most stupid idea i ever heard .....

....


so what is stablecoin....you fucking kill me you dont need to know how they pegged crypto to usd ....hell you so uneducated people put here money on the table they need know everything.......

dude i dont really hurt its how we speak on reddit all day long trust if i saw him in real life i will hug him and help .....:))))

reddit shit hhhhhhhhh

Yes I agree with you we all have different opinion and people would learn from their experience,
So why not just let them do what they want OP is just giving out his/her opinion.
The only stable crypto for me would be Dogecoin 😂.

sorry for the english but the example i give its the most great way to explain that stable coin is hype word like other things was on the web...this kind of hype was happen in the vps and hosting with new words which dont have and definition....so before people fight to help others...we need to get to the difintion of the word for better understand...

the movement of usd is the same as ethereum relative to the price of each one and the markets and debt....stable coins what is it>|??

another way if we pegg the greece paper money to crypto its make it stable no...people buy crypto with fait.....do you get it

now to the most logical defenition of stable crypto coin

you create x coins....when there is huge demand the alsgo produce more coin relative to the price...when there is low demand no body want it the algo(code) reduce the amounts of coins and here we have stable logical defenition what is stable coin in crypto space comapre to stable paper money usd which move....do you get stable coin is broad .....

on which stable coin facebook talk and others is stable coin scam...

the only legit idea is code that reduce ro produce more coins relative to demand and supply..and you create stable crypto

but why the hell we need this crap...the all beauty of crypto its grow to nice number...

Of course, stable coin is very important for this market. If not, dozens of stable coins would not exist in the market today! We also have new and very good stable coins in the market. The USDQ I signed is one of them. Great promise.

i will make it more clear


1. the word chair is million people will tell the same definition it have 4 legs and other things end goal to seat...great

2. spirtuality its broad word which mean million people on daily basis speak about this but each one hold different meaning and they dont feel the gap...ask million people what is spirtuality hhhhhhhh fucking comedy....

3. stablecoin is the smae word like spirtualiy but have several defintion....not like spirtuality totally shit let look what i mean


example a: dollar movements like 3.65 or 3.45 relative to price and the markets movement and debt and so...lets called this situation stable coin

example b : ethereum also have movements relative to the huge price and movement markets..................so its also stable coin hhhhhh from example a



example c:    you create crypto which have special code which reduce coins when there is no alot of people want it........and when to much people want this coins the code produe more coins the most clear defintion of stable coins crypto compare to example a and b which are broad and really very realtive....

so example c its the most stable coin defenition like the definition word of chair compare to word spirtuality.....

but why we need such idea ....when adoption grow...the code will produce more coins and basically we print money like paper money hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

love you all i need to get few months away from reddit sorry for my words in reality i love to help trust me...i put my ass alot in risk for other:))


and to pegg crypto to usd or other paper money is hype new words with no definition ...

you are the one that talk about stablecoins and dont know the defenition of it and what its mean and other shit your mind is in trap by the scam dominated on the web shit scary dude....send my info to some smart foks on mit students or oxford   ...see for yourself

i will make it more clear


1. the word chair is million people will tell the same definition it have 4 legs and other things end goal to seat...great

2. spirtuality its broad word which mean million people on daily basis speak about this but each one hold different meaning and they dont feel the gap...ask million people what is spirtuality hhhhhhhh fucking comedy....each one has different answer**

3. stablecoin is the smae word like spirtualiy but have several defintion....not like spirtuality totally shit let look what i mean


example a: dollar movements like 3.65 or 3.45 relative to price and the markets movement and debt and so...lets called this situation stable coin

example b : ethereum also have movements relative to the huge price and movement markets..................so its also stable coin hhhhhh from example a



example c:    you create crypto which have special code which reduce coins when there is no alot of people want it........and when to much people want this coins the code produe more coins the most clear defintion of stable coins crypto compare to example a and b which are broad and really very realtive....

so example c its the most stable coin defenition like the definition word of chair compare to word spirtuality.....

but why we need such idea ....when adoption grow...the code will produce more coins and basically we print money like paper money hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

love you all i need to get few months away from reddit sorry for my words in reality i love to help trust me...i put my ass alot in risk for other:))


and to pegg crypto to usd or other paper money is hype new words with no definition ...

no your are compete idiot go to oxford or mit people will die from the comdey and shit you explain

this is the most best explantion about stable coin

you are the one that talk about stablecoins and dont know the defenition of it and what its mean and other shit your mind is in trap by the scam dominated on the web shit scary dude....send my info to some smart foks on mit students or oxford   ...see for yourself

i will make it more clear


1. the word chair is million people will tell the same definition it have 4 legs and other things end goal to seat...great

2. spirtuality its broad word which mean million people on daily basis speak about this but each one hold different meaning and they dont feel the gap...ask million people what is spirtuality hhhhhhhh fucking comedy....each one has different answer**

3. stablecoin is the smae word like spirtualiy but have several defintion....not like spirtuality totally shit let look what i mean


example a: dollar movements like 3.65 or 3.45 relative to price and the markets movement and debt and so...lets called this situation stable coin

example b : ethereum also have movements relative to the huge price and movement markets..................so its also stable coin hhhhhh from example a



example c:    you create crypto which have special code which reduce coins when there is no alot of people want it........and when to much people want this coins the code produe more coins the most clear defintion of stable coins crypto compare to example a and b which are broad and really very realtive....

so example c its the most stable coin defenition like the definition word of chair compare to word spirtuality.....

but why we need such idea ....when adoption grow...the code will produce more coins and basically we print money like paper money hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

love you all i need to get few months away from reddit sorry for my words in reality i love to help trust me...i put my ass alot in risk for other:))


and to pegg crypto to usd or other paper money is hype new words with no definition ...


the only stable cryptocoin you can create is code that produce more cryptos when there is huge demand and reduce coins where is low demand and it keep it stable not because its tied to money paper....dumbster kid who dont know economics....

but if you have stable crytpo coin that produce more cins where there is huge demand ...yes you have stable coin but in other words you print money and kill adaption grow


go to oxfort or other high profile schools show them what i write here...i know my shit and i did shit load of money mate ...if ou will know how much btc i have you will o wake up and i far from kidding kid.....learn economics and defeinitions of words

Can one of you please explain so that I and other can see it, what in the hell is a stable coin? How does it remain "stable"? I have heard of usd tether and stuff but how does the price remain the same?
I am not sure I want a stable coin though. I think I prefer it being volatile like a rollercoaster ride. Maybe stable coins that give interest per year like 10%-20% then that would be a nice stable investment (probably) so that might be a good idea.

usd is stable hhhhhhhh 20 trillion debt and grow in which school you learn and prices in super markets and other things only grow and you salary dont worth nothing....come to reddit there will be huge comedy with the bullshit you talk or send this inforamtion to someone on oxford or mit to review and see yourself kid


and to pegg crypto to usd or other paper money is hype new words with no definition ...


the only stable cryptocoin you can create is code that produce more cryptos when there is huge demand and reduce coins where is low demand and it keep it stable not because its tied to money paper....dumbster kid who dont know economics....

but if you have stable crytpo coin that produce more cins where there is huge demand ...yes you have stable coin but in other words you print money and kill adaption grow


i know my shit and i did shit load of money mate ...if you will know how much btc i have you will no wake up and i far from kidding kid.....learn economics and defeinitions of words before you speak....i dont talk about neo and dasha and other low supply coins i have in my bag....i nver ever put any thing to stable coin because i know my shit....i know to anlysis and everything...

again to the smart here

1. to pegg money to crypto is hype word and there is no defention for this ask smart people in economics

2. the only logical stable coin project can create is code that produce more coins when there huge demand and reduce the amount of coins when there is no demand for coin to keep stable price.....but when adoption grow its like peer to peer file sharing it will explode the code will kill the price of the coins because it will produce more coins to keep stable price .....


even dont try to think you know what you speak....better admit ...you uneducated sorry to say...but hey come to reddit which will be comedy or send my info to someone learn in oxford or mit or other high profile school see for yourself


yet this shit is very simple :)

ok i fucking lazy but i will help especially noobs

1. stablecoin is broad word.....

there are several stable coins and others shit scams....

but think for a moment how you keep coin to be stable???? how

the only logical way is

this:   you create code blockchain which reduce the amount of coins where there is no demand which mean no body want it and visa verse when there huge demand alot of people want it the code produce more coins....and you keep stable price....the only logical crypto stable coin.....but

when adoption come and all this industry grow as fast as light code like this will kill the price of the coin because it will produce more and more coins realtive to huge demand.....very simple way to explain real stablecoin crytpo so everyone can understand....but the problem with this code is that its the same like printing money......the most worst idea on plant.....compare to token bomb** which i invested when he was 0.5 usd and has self destruction mean reduce coins with every transaction...so price spike fast...

so this is the most logical way to keep stable price coin in crypto you can play with the code and other cool stuff still its waist of time compare to what staoshi team bring to the table everything is fucking so calculated...

now another defention is usd is stable coin...and its different from the stable crypto coin that reduce or produce coins relative to supply and demand but the end results is the same....

the usd sometime 3.56 or 3.45 or 3.77 = movements relative to debt and realtive to the price per dollar and movement markets =  this also called stable

ethereum sometime 245 or 250 or 260 = movements relative to the huge price and market movements(without debt) = also called stable

lite coin also very stable

bitcoin not so stable= 5000 or 6000 or 15k = movements relative to the huge price and market movements(without debt) = not so stable but the reason its because it in the stage of explode and the movements influnce the price heavily


some say crypto backed by dollar???? stablecoin????  something very wrong with this words things as the web have tons of hype new bullshit words...

this hype was also done with vps and hosting all new kind of bullshit words was which what the defeintion behind them???

leave everything aside and just think logically how you keep stable coin....??  the first example with the code which reduce and produce relative to supply and demand then its truly crytpo stable coin but its kill adaption grow and price....

if you speak its stable beacuse its tied to usd dollar which is total bullshit then why you need the hell crypto??? something fishy here as hell

 Either way, users of a system like this must trust a third party with their money and its not peer to peer.

another way of stable coins is Back up the tokens with other cryptocurrencies which is more great then other scams.

Create an “algorithmic central bank.” This entails using software to increase and decrease the supply of the stable token to maintain its peg, the most worst idea on planet this code because in the moment coin explode and have huge demand price go down hhhh in other words the system print money..


so stable coin is broad word and uneducated people can talk about this yet each one have different defifntion some dont know what this shit scams and much more compare to word chair which miilion of people will explain the same,

you talk shit if someone smart he will invest in crypto backed by crypto ....new coin backed by ethereum but this scam in different level...much better then backed by usd dollar which ???

the only real stable crytpo coin is code that produce or reduce coins relative to demand and supply...which mean if no one buy it reduce supply if there to much much buy it will produce more coins,,,the only one real crytpo coin...backed by self mechanisem....

ask really smart people on blockchain tech and code and economics about this code which reduce and produce coins relative to supply and demand this is the o ly real stable crytpo coin the other is totally bullshit i never invested in them for a reason....and for sure people should not expect to make money from stablecoins.... compare to low supply projects with great tech......if you will heard what vitalik the founder of ethereum think about this crap ....

i also was with bomb with nice bag when the price was 0.5 .....why   every movement in the system reduce coins....which it very simple the price will spike ...not only this the weird shit this great projects in the end the smart people invest while other scammed by stablecoins and projects with billions of coins and shit.....yet to understand the great idea of bomb you dont need to be smart and the moment i heard the idea of reduce coins with every movement in the system i was in and other who also spot this great expirament....totaly blow me how smart people end in the same projects most of the time...yet its very simple ...which mean smart relative to ones that dont know to spot great projects and heavily for the scammes that dominated the web...

the same with zcash very low ico rate and alot of negative its fucking the same...


see you in five years with stable coins ....i cant more clear explain then i explained this....as some one on reddit say to someone that say he is all in with btt coin 100b coins and hope hit nice price and someone answer either he is troll or even dont try to explain this idoit in which trap he is located because the only answer that will come from him is bullish hhhhhhh ....hell even kids know math..

me and few other have alot of bots work 24/7 to spread this simple information to stay away from projects with billions of coins = stable coins

i mean when you bring huge supply it need to be relative to demand and timing ....even in the future 100b coins will be crap see you in five years ...tghe same

even more someone on reddit post and explantion how 10 trillion kins its the same as 21 miilion bitcoins and he did calculation of satoshi....

one answer ....fuck you crazy in real...to compare 10 trillion coins to 21 million coins....this is the web and his danger and uneducated people fall fast greed

the only real crypto coin which backed by it self without the other scams....its code which produce coins when there is huge demand alot of buy and when there is low buy no demand the code atomatically reduce the amount of coins and by this the crytpo coin stay stable...not backed by anything...backed by self smart code which reduce or produce relative to demand and supply......the only real legit crytpo coin

the other that backed by usd or crypto totally bullshit....

because code that produce and reduce coins supply relative to volume keep the price stable...without be backed by nothing which is great but in the long run when thing explode the code will kill the price....and in the end is no different between fait and real crypto stablecoin

because all the beauty in crypto is the ability to grow ....

and why when somebody say crypto backed by usd is bullshit is bullshit because the usd is stable as the ethereum is stable and lite coin....do you get this

usd = 3.55 or 3.66 or and on relative to debt and price per dollar and movement markets = called stable coin

eth = 240 or 255 or and so relative to huge price and movement markets = stable coin

lite coin the smae very stable

bitcoin = .....in short not stble but because its exploding,,,the huge movements make this but it will be stable and the price will be huge dont worry

now when people talk about stable coin its broad why......usd is stable coin and ethereum is stable coin....and you have

real crypto stable coin which is stable by smart code which reduce coins where there low buy and produce more coins when there huge buy to keep stable price... which is tottaly different from stable coin usd or stable coin ethereum...

so before people speak about stable coins they need to understand.....

so when someone say crypto backed by usd  what its mean the hell to stable...because the only real stable crypto coin backed by it self is code produce and reduce relative to supply and demand to keep stable price.....but crytpo backed by usd to be stable????? usd is stable relative to debt and movement markets and price per dollar as ethereum and litecoin...so you say to me you create crypto coin and it will be stable because its backed by usd which him self not stable and relative to price per dollar and debt** and movement markets....hell something fishy here hhhh

the same with crypto backed by crypto....new crypto coin for example backed by ethereum to be stable but ethereum it self is stable realtive to market movement and other factors

which lead us to only one legit way to create stable real crypto coin whcih backed by self mechansiem code ...whci produce and reduce relative to volume...lower volume the code reduce coins...high volume the code produce coins and keep it stable without ant backed bullshit...the only one real way to create stable crypto coin but totaly worst idea....the end results you basivcally will end like fiat money....the price will no go up...and if you play with the code to make from this profit even more worse the code ...lazt to explain this

but when somebody say crypto backed by usd to stable after we know what the different between stable coin like usd and ethereum which have movements relative to some factors compare to stable crypto coin which work on smart code...2 different meanings the same words...

every new thing that start to gain value have its ups and down until its stable .....the same with crytpo ...

its so fucking simple

I'm not really a big fan of stable coin but it sure has some advantages because of its stability. It helps you buy time before making some moves in the crypto market

I also have never believed in stablecoins and this bullshit bout backing by real USD assets. Why do we need crypto when they still come back to fiat?

stable coin is not bullshit.  but the wrong decision if you use a stable coin to trade and make a profit.  coin stable is only to save your value or assets.  BTC is a place to get good profits.  BTC covers our every need.  investment, trade, mining and others.

Here are the stable coins in the market.
https://coincodex.com/stablecoins/
As you can see notice some of the list are totally zero or has lower $1 value. It can happen to the current popular ones today.