SulmaINO (OP)
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September 24, 2016, 03:12:19 AM |
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Please I want to know, and what do you think about Thether?
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JeffBrad12
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September 24, 2016, 03:26:13 AM |
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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.
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Cast12
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September 24, 2016, 03:29:15 AM |
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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.
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smitemesmith
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September 24, 2016, 03:30:39 AM |
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If you want stability marked in USD you should just hold USD... Most stable crypto is Bitcoin.
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densuj
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September 24, 2016, 03:33:31 AM |
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Please I want to know, and what do you think about Thether?
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.
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th3nolo
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September 24, 2016, 03:55:13 AM |
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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
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spartak_t
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September 24, 2016, 04:20:55 AM |
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Ah, this fancy Ethereum. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) He meant Tether (USDT), which is priced @ $1.
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cryptor0th
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September 24, 2016, 05:07:47 AM |
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From my understanding most crypto-currencies in their current form are similar to commodities. Their pricing is subject to fluctuation owing to demand and supply. Due to the same, it is safe to believe that value pegged currencies in crypto will be hard to come across. There have been attempts to do so, but most have failed so far. What you can do is peg your crypto to a dollar value so it stays as is. Certain exchanges currently let you do the same. If stability is what you seek, then in the current form - certain banking solutions such as fiat are your best bet. However you'll still have to keep an eye out for inflation, government policies and changing sentiments of the market. In other words - a completely stable currency is virtually unattainable. Crypto is not a good place for you to seek currency stability either.
I do not know enough about tether to be commenting on the same rather unfortunately.
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BitcoinNational
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September 24, 2016, 05:36:13 AM |
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Please I want to know, and what do you think about Thether?
major theoretical question here: stable to what measure? -usd$ (looks like your pick) -other fiat ... JPY, CNY -gold, silver -cattle futures -oil -bitcoin -litecoin -monero -S&P500 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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bones261
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September 24, 2016, 05:55:42 AM Last edit: September 24, 2016, 06:09:06 AM by bones261 |
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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.
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ethereumhunter
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September 24, 2016, 06:07:26 AM |
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Please I want to know, and what do you think about Thether?
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.
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bones261
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September 24, 2016, 06:15:59 AM |
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Please I want to know, and what do you think about Thether?
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.
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thepo1m
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September 24, 2016, 06:39:35 AM |
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Ah, this fancy Ethereum. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) He meant Tether (USDT), which is priced @ $1. Yes, Tether (USDT) is stable and has been for sometime, also Nubits use to until recently found out.
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robelneo
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September 24, 2016, 10:37:37 AM |
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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 .
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molsewid
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September 24, 2016, 10:52:07 AM |
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Please I want to know, and what do you think about Thether?
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
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ultrloa
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September 24, 2016, 01:02:32 PM |
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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.
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Zer0Sum
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September 24, 2016, 02:02:49 PM |
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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.
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.aspThere 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.
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1btcdream
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September 24, 2016, 02:31:08 PM |
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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.
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.
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Ayers
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September 24, 2016, 02:50:43 PM |
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If you want stability marked in USD you should just hold USD... Most stable crypto is Bitcoin.
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
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SlyWax
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September 24, 2016, 03:06:44 PM |
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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.
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