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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable Coins Necessary? on: June 13, 2019, 02:32:37 PM
Hey dear people,

what do you think about STASIS? Do you know other euro stablecoins than EURS?
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: STABLECOIN: comparison and opportunities on: June 03, 2019, 02:10:15 PM
It would be nice if a cryptocurrency, which is equivalent to a dollar, was provided with gold reserves or a dollar.  In such a cryptocurrency would be much more confidence and it would be valued better than the USDT.

STASIS has designed the most transparent stablecoin backed by euro: https://stasis.net/transparency/
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: STABLECOIN: comparison and opportunities on: April 23, 2019, 08:52:04 AM
I have repeated several times, also elsewhere, that I personally consider Dai and its MakerDao ecosystem the best of the Stablecoin releases in the last 2 years; but this does not mean that it is 100% reliable and I would not recommend putting all your savings into one stable, but it is always preferable to divide on more coins.



What are your thoughts about EURS?
4  Alternate cryptocurrencies / Speculation (Altcoins) / Re: STABLECOIN: comparison and opportunities on: April 09, 2019, 12:25:51 PM
Hi everyone,

It's nice to see a thread on stablecoins. EURS seems to be the best stablecoin pegged to euro? Are there any other options?


There is also the NOKU project with the 3 stablecoins anchored to Euro (EURN), Swiss Franc (CHFN) and British Pound (GBPN), but it is still little known and widespread, despite the fact that Ico has been closed for more than 1 year.

However, even if you are European, it should not make a difference where you temporarily "park" your crypts, dollars or pound or euro or yen, they are only temporary parking lots when you think the market drops sharply.

Partially agreed. However, it's easier to count the wealth in euro.

What do you think about EURS btw?
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: STABLECOIN: comparison and opportunities on: April 08, 2019, 12:19:08 PM
Hi everyone,

It's nice to see a thread on stablecoins. EURS seems to be the best stablecoin pegged to euro? Are there any other options?
6  Alternate cryptocurrencies / Speculation (Altcoins) / Re: STABLECOIN: comparison and opportunities on: March 12, 2019, 02:42:26 PM
I am wondering why everyone cling to USD pegged stablecoins. Community needs euro pegged stablecoins as well. If we talk about stablecoins pegged to euro, the most viable project seems to be www.stasis.net. They have created EURS with maximum transparency of the reserves and solid legal opinions. What other projects have impressed you?
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable Coins Necessary? on: February 26, 2019, 01:10:34 PM
I think that one stable coin is enough to take it as an equivalent to other coins
and most likely with time and in competition - will remain one, and the rest will disappear as unnecessary

Completely agree with you. World needs one stablecoin per financial asset. Now everyone is focused on USD market - there are over 10 USD stablecoins or more, from which only a few can be trusted. In terms of other currencies, t for euro stablecoin market here is only one viable project - EURS from STASIS. Do you know any other euro stablecoins? What do you think about EURS?
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Is regulation good or bad? on: January 28, 2019, 11:12:34 AM
In my view, regulation will be good for Crypto industry. As we can now see  that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?
Absolutely correct, partial regulation will enable the market to evolve. In the meantime, he is choking in constant blows, and volatility finishes him.

Regulation will definitely benefit the development of the crypto industry. In my opinion, regulation is the only aspect preventing institutional clients to jump in the crypto market.

There is by the way one project I specifically love - STASIS. I am not advertising them. I just love the way they approach, they focus a lot on regulation. Their team has even written a book on digital asset regulation which has an overview on digital asset regulation in 13 different countries. In case you are interested, you can check more information here: https://stasis.net/government-consulting/
9  Alternate cryptocurrencies / Altcoin Discussion / Re: What are stable coins? on: January 28, 2019, 10:50:34 AM
In the cryptocurrency market there are no stable coins, all assets are very unpredictable and their price constantly fluctuates in different directions. Today she can make you rich and tomorrow she can make you poor like you've never been. Invest in the right assets


Unless there is a proper and constant verification and audit of the reserves.
Let's take the example of EURS (euro stablecoin). Each EURS on blockchain is backed by 1 fiat euro. If the price will go down and will be less than one euro, investors will buy and them come to STASIS  (stablecoin issuer) and redeem it for 1 euro. So, there will be arbitrage and the price will be pushed backed to 1. In case the price will be more than 1 euro for an EURS token, investors will buy it from STASIS and then sell it to the market and make profit.
In order to assure investors and holders that each EURS is backed by one euro, they provide three streams of verification. You can check them our here: https://stasis.net/transparency/
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 📌[Official] STASIS EURS Stable Coin Ⓢ on: December 10, 2018, 10:32:58 AM
Smells like a scam.

why do you think so? Looks pretty legit for me. They have a very strong team and they are about to get a full audit and have it quarterly.

https://www.coindesk.com/stablecoin-issuer-stasis-promises-full-audits-of-euro-backed-crypto-token
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