Bitcoin Forum

Stable coins, when launched in 2014, were considered to be the bridge between the traditional financial world and modern blockchain. Being backed by a fiat currency, they were devoid of volatility and gained popularity in 2018 as the volatility in crypto markets became rampant.

As they became popular, the leader of their pack, Tether got blamed for manipulating the price of cryptocurrencies, as well as their backing by dollar, was questioned. Considering the blames and misuses and combining them the positives, Winklevoss twins have introduced their version of the stable coin, the one that would be audited in the US and licensed by NYDFS, unlike its peers. Let’s welcome Gemini Dollar.

https://coingape.com/winklevoss-stable-coin-gemini-dollar-pull-strings-tether/

maybe, these 2 brothers can finally help crypto market instead of killing price by facing rejection on their ETF proposal once ever few weeks

the news is being spread in a way that newbies might think a Savior is coming to crypto world now

i hope this one doesn't end up like USDT or TUSD which were accused of being the reason for many market manipulations  before

ETF rejection does nothing to the market. USDT is fine as long I can buy ramen noodles daily with my PTC earnings clicking all days long high paying ads $0.001 on neobux

The first ETF rejectionpostponement we had actually had a decent hit on the market. The prices took a significant drop(if I remember correctly, around 10%). Though the following ETF decisions had little to no effect to the markets as people realize how ETF's aren't really necessary.

There are a few of these projects being launched and all have the same goal which is to basically replace tether. All of them say they are backed by real fiat etc but this is crypto and it's like the wild west so who knows if they are or not. I still continue to use tether and whether it is or is not really backed by fiat it is still serving it's purpose for me as of now.

I read this news.If it's really true that every Gemini dollar is backed up by Fiat - then it's very cool. In the future, this will blur the boundaries of transfers and become a bridge between the world of cryptocurrencies and fiat.

Gemini seems to be doing pretty nice moves, I hope they will expand in the whole EU soon as my country isn't covered yet

Gemini is a good, trusted crypto exchange, so i think that their stable coin will be the same. I think that stable coins from reputable teams are really needed by the crypto community and the Gemini Dollar stable coin will be one of them.

The idea sounds innovative, hope it won't become another tether which was accused for market manipulation, i await how this idea will be implemented without being another tool of market manipulation.

well, the name Gemini itself doesn't really add trust :D consider: gemini can twist you around his finger easily. i'm paranoid, really ;D

Well, here is one analysis of Gemini dollar. I would say it's centralized, private coin and completely opposite of what we are fighting for

https://coinedtimes.com/crypto-analysis-gemini-stablecoin-gusd/

Bitcoiners 2009: central banks are evil, be your own sovereign bank, something something coming collapse of filthy statist bucks
Bitcoiners 2018: we just got regulatory approval for multiple USD-backed StableCoins and are also pushing for several Bitcoin ETFs to be approved.

In the future, this will blur the boundaries of transfer and become a bridge between the world of cryptocurrency and fiat. I read this news. If it's true that every Gemini dollar is supported by Fiat - then it's really cool.

They are trying and not simply manipulating.


When did TUSD manipulate?

Gemini is by all accounts doing entirely pleasant moves I trust they will grow in the entire EU soon as my nation isn't secured yet

The thought sounds inventive trust it won't turn into another tie which was blamed for showcase control I anticipate how this thought will be actualized without being another apparatus of market control.

Gemini is a good confided in crypto trade so I surmise that their steady coin will be the same. I believe that steady coins from trustworthy groups are extremely required by the crypto network and the Gemini Dollar stable coin will be one of them.

Hopefully they can come up with a way that might be able to save this market from the terrible state it is in. But at the same time, given the history between the market, Tether and stable coins, it will be tough for Gemini to gain the rust of the people.

It's great to see another stable coin in the market. Stable coin can only help the cryptocurrency to get mass adoption. Stable coin is an ERC-20 token that runs on ethereum blockchain. It claims to provide all the benefits that a stable coin can provide.

Gemini is a stable coin that is backed by US dollars. Earlier , Tether was the only stable coin in the market that was backed by US dollars. There where many limitations of Tether. Gemini dollar is built in a way which would perform efficiently in all the limitations of Tether.

Gemini dollar is brought about by the well known cryptocurrency exchange Gemini. The coin runs on ethereum blockchain and is backed up by US dollars. Let's see how it performs in the market.

I can not say with certainty what it is and so on ... But if you find it, this criterion is very familiar to me, although I myself have long been in this structure. :D ;) ;D

Let's hope that this will be something good for the market and not like the others like TUSD which had caused the price to be manipulated. Also the newbies need to stop stressing on he ETF's news so much.

in near future gemini will reduce the distance between the crypto currency market and fait. the idea of gemini is inovative. maybe it will consider as a great invention of crypto market.

inportant part of gemini is people are now get stable coin. according to demand of market is very difficult to get stable coin. on that time gemini dollar is great step i can say.

main interesting part of gemini dollar is this dollar can easily converted into US dollar. as they use the blockchain technology and transaction criteria is user friendly. gemini dollar is very need for crypto market.

gemini semmes like promising and trustable coin. i think in near future it will reach the heights Tether has reached and also completely replace the tether. it just a prediction maybe it will happen.

the impact of etf decesion is very bad now in cryptomarket. gemini dollar is a great step of crypto market. it will turn the positive movement in crypto market. we need gemini dollar insted of etf according to situation of crypto market.

Keep attention on this type of tokens.
Be sure that there is a reserve in Usd covering issuing.

This means another crypto whale is going to manipulate the markets! I hope that financial audit actually does what it is supposed to do, we need something that is truly stable and not going to push bitcoin prices up and down at will

I think Gemini seems to be a stable coin. It did good moves earlier but in near future it will may reduce distance between crypto-currency market and fiat. May be it will consider as great invention. I think in near future it will reach the heights.

people are now talk about gemini dolllar. people are looking for this type of stable coin. moreover etf deceson are not effected on it. hopefully we will see a positive change in crypto market soon.

If it is really true that, every Gemini is backed up by fiat then it will be very good for cryptocurrency. And in the future, it will blure the transit boundary and become a bridge across the world of cryptocurrency.

Every Gemini is backed up by fiat and it will be very good for cryptocurrency. If it is really true that in the future, it will explore the transit boundary and become a bridge across the world of digital currency.

Great news because Gemini Dollar will help new fiat money to flow into crypto and we will see reversal and new the beginning of new bull trend.

Hope this can help to the cryptocurrencies to gain agin their price by the help is gemini dollar
Fiat dollar is absolutely strong currency stable in the world market so in these combination
There have big possible to become successful

Gemini Dollar the StableCoin, can finally help cryptocurrency and cryptopeople as well as the investor of crypto.r. I think it has the ability to take ryptocurrency market forward. But I know a little bit about it so I will research more about it.

I hope this Gemini Dollar the StableCoin, can finally help crypto market. I know a little about this Gemini Dollar. I think it has the ability to going forward the cryptocurrency market.

I'm very concerned about this project. At first, the bad news about TETHER, now they are starting to introduce their stable coin. Are not we trying to take this project by force?

this is a great news for the investors.this would be better for the investor.in this wat transaction will more secure and also ligal for those people who involve in this market

Are you sure about that? Because the timing was perfect between them. As soon as it rejected market crashed. ::)

That's should be helpful for cryptocurrency to avoid the bad effect of rejected etf. Hope it will able to keep crypto market in a sustainable possition.

i saw few big exchanges were in rush adding Gemini to the list and pairs on site, i think Gemini can be the reason for this december bull like what tether done last year

and that means much more loss and crypto haters around, of course if that happens

ETF will be felt effect on crypto and it's should be take market price to a down possition. But it's not for long time. Crypto will be improve from that situation after some time.

Its not a bad news after all they are trying to save the crpto world. It a positive sign for saving the market. The prices are getting stable it’s a good thing for us and for the investor also.

This two helping Bitcoin too much in various way helping to rise the price of bitcoin. Gemini dollar doing the best work. It is the Bridge between fiat currency and cryptocurrency.About stable coin, i know very little.

Gemini dollar is considered as the bridge between fiat dollar and Bitcoin currency. One can easily exchange between them. This feature attracting more people to invest in crypto market especially in Bitcoin.

As much as i know about Gemini dolar is, This is the Bridge between fiat follar and cryptocurrency specially Bitcoin. If you have bitcoin you can turned it into Gemini dollar and at the last genuine dollar. It has made crypto more easier. These Gemini and stable coin helping Bitcoin to rise very fast.

I think that the best coin is btc and i m not interested in others much but I liked the information you shared and think that it is really useful to know. I am sure that I will be able to benefit from it

I don't know the future of stable coin. Most of the Bitcoin experts think stable coin as dead horse. But they choosing the activity of gemini dollar. It is the bridge of Bitcoin with fiat dollar. You can easily transfer your bitcoin with fiat dollar.

This time these two coin may be help bitcoin increasing its present price. This news is spreading very faster that newbies are getting a new hope with bitcoin.Gemini dollar are getting popularity from two year back. On the other hand gemini is not so popular.

I really chose this systems that make bitcoin more stronger. You may think how gemini making bitcoin stronger? yes! gemini coin is the bridge of bitcoin with fiat dollar. This attracting more people to invest with Bitcoin.

I think this is a very positive news that says that cryptocurrency gains more stability and is more reliable than before. Among all Bitcoin activists, the Winklowoss brothers are the people whom I trust the most.

Let us warmly welcome newly generated crypto coin the gemini. The governments were not legally accepting the crypto in the nation for various reason uncerteinity, volatility and many other reasons as they were not stable but it will be the first stable coin.

United state generated first crypto coin without its basic character unstability. There was some drawbacks of the bitcoin and other cryptocurrencies so the the nations werent actually legalzing them despite of having the will. The gemini coin will resolve all the issues so, welcome.

The gemini coin will have a stable flat and more reliable market then any other crypto. It will colaborate the price in usd along with federal finance system. The exchanges in between us dollrs and gemini dollars will have no issue they will be the simplest.

The market of cryptocurrency is going to reach a new dimension holding the hands of the Winklevoss-twins. They are here to make a new revolution and I think Gemini is going to be the big shot!

As the stable coin make the transaction risk free, people wii be needing more and more coins like this.According to previous study of mine, i think this coin will change the cryptocurrency ecosystem.

What ,makes the gemini coin so secured is that the New York Department of Financial Services will directly supervise the operations of Gemini dollar, and it will be the regulatory authority of the projects.

With this coin, the exchange will be more secure. And as this coin is controlled, maintained and monitored by the NYDF, so it it pretty much confirmed that it will make a safest coin of all time.

It’s good news that Gemini took this type of step to protect the crypto market. Stabling coin is a good sign and as two new version of stable coin introduced there would be great future.

How does this work exactly? How can it be controlled if it is trade-able on exchanges, anyone can exchange it to anyone in the world?

Why doesn't the market trust it, it is off 2.5% now while other stablecoins are > $1.00.

How to buy Gemini Dollar, where to trade it, what is its market cap, how many addresses hold GUSD and much more in this review of stablecoin Gemini Dollar (GUSD) - https://medium.com/cp-processor/stable-coin-review-gemini-dollar-gusd-7f3ad1ac18d4

I have already said many times that projects that are now trying to develop stable coins in the future can simply close very quickly, because the regulation simply does not exist today, and as you know, where there is no regulation, there can be anything

There are several initiatives to regulate stablecoins and they are actively working on it. Some form of regulation in this sphere will happen in the following months.

It is great, as soon as this happens, we will be able to observe with you any improvements in the field of pricing, because today this is exactly what should show what and how correctly it turns out. Big investors just won't come.

i saw exchange many exchange about gemini dollar growth really unbelievable .Gemini Dollar soon everyone will came to know that this is the good stable coin in the market .we can expect gemini token pair trade also .   

There are too many stablecoins at this time, and I'm not sure which ones will continue to exist. I would prefer the algorithmic stablecoins than the pegged coins like Gemini dollar though.

I would prefer algorithmic one as well