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Author Topic: Your favorite stablecoin??  (Read 21196 times)
xOdiumNostrumx
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October 27, 2018, 02:33:44 PM
 #101

Not sure as I haven't done much due diligence on the topic. The only thing I know is that I will definitely stay away from Tether and may go for trueUSD or any other one that has been recently listed on Binance. I have heard good things about Dai as well.
slashz9
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October 27, 2018, 02:43:58 PM
 #102

i think the most stable is fiat, even btc can't be stable, you can convert your money to usd or to your own currency after trading or any transaction for safety.
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October 27, 2018, 02:46:54 PM
 #103

I prefer some exchange that supports USD (like bittrex, coss, livecoin) but for cryptocurrency I think the one will take place and most users will be TUSD

Switchain
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November 30, 2018, 07:04:48 AM
 #104

VOTE HERE FOR BEST STABLECOIN:

https://discover.apester.com/media/5b9a838ad4b9a9d70c6fb3fd

If you select "something else" list it here
Accts4u2
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December 10, 2018, 04:08:45 PM
 #105

I am not a very big fan of stable coins because i do not think that any of them are sustainable since their projects are not the kind that people are going to want to invest in given that an asset that does not move is least likely to make you any kind of money or profit but I would have to pick tether as the stable coin to go with since it has the highest number of investors

ajdaj
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December 10, 2018, 04:15:46 PM
 #106

I am not a very big fan of stable coins because i do not think that any of them are sustainable since their projects are not the kind that people are going to want to invest in given that an asset that does not move is least likely to make you any kind of money or profit but I would have to pick tether as the stable coin to go with since it has the highest number of investors
I think there is only one way out for those people who do not have a strategy for reducing their risks. First of all, I want to draw attention to the USDT coins, which remain stable throughout the history of its existence.
Pagoda.to
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December 10, 2018, 04:20:39 PM
 #107

my vote will go for USDT along with bitcoin, im hodl as much as possible
whaawh
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December 10, 2018, 04:24:37 PM
 #108

I am not a very big fan of stable coins because i do not think that any of them are sustainable since their projects are not the kind that people are going to want to invest in given that an asset that does not move is least likely to make you any kind of money or profit but I would have to pick tether as the stable coin to go with since it has the highest number of investors
today, a stable coin can only be used to wait out the bad state of the market. Of course, every trader works with a coin, which fluctuates in price and earns with the help of price difference.
Elysio
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December 10, 2018, 04:35:40 PM
 #109

My favorite stable coin Paxos Standard Token(PAX). because it is controlled by a stable coin. Having a stable coin approved by the state of New York gives confidence. A stable coin approved separately from the SEC.
Tiger 8.8mm
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January 06, 2019, 10:24:24 PM
 #110

Every stablecoin is good and bad in some way. There are multiple kinds of stablecoins, too. The biggest ones right now like Tether, are seeing backlash because there is much controversy around if they are actually backing their tokens 1:1 with a USD.
Ifychuks
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January 17, 2019, 06:23:43 PM
 #111

I'm not a fan of these fixed conversion rate coin/token like Tether. The same with LTU_btc, I always prefer my own local fiat currency if I want a "stable" status for my investments (PHP).
Also, AFAIK there's no local exchanger for them that's why it could take a longer process for real life usage. (Ex. bitcoin -> Tether -> if I need php / instead of bitcoin -> php )

Nothing turns back with stable coins. Crypto's nature is pumps and dumps. There were the real profit is seen. If the crypto is stable, then i would prefer my own local fiats then a stable coin. And if all crypto coins are going to have a stable value, I don't think everyday we would have a new ICOs coming in and more investors falling in crypto market. So fluctuation in price is the main source of crypto's growth.

I personally don't think there's any coin to be considered stable. Like you said, if coins become stable that means day traders will be out of business because they get profit from rise and fall of coins.
alexcopper
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January 17, 2019, 07:46:54 PM
 #112

It's funny to see that someone is able to pay an article writer just to advertise these coins for his own benefit. I'm not familiar with these "stable coins" but only tether. It can be stable for now but time will come that this can be one of the most frustrating coin or it can be one of the best. We all know that crypto coins are volatile.

I agree, stablecoins aren't actually 'stable' at all.
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January 17, 2019, 09:20:34 PM
 #113

Your favorite coin havven token but I think or my favorite coin is Binance coin. If you do your perfect calculate you will see BNB token price is stable.
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January 17, 2019, 09:47:31 PM
 #114

My favourite coin is USDC by Circle. Firstly, I know for sure that they've passed an indempendent audit. And on their banks deposits they have enough funds. $307 280 744. Today it is the most safe coin for trading and holding.
jozhkesha
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January 17, 2019, 10:00:58 PM
 #115

I used to use usdt. It seems to me that this token is the most popular now. And this means that it is the most reliable.

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TastyChillySauce00
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January 17, 2019, 10:35:14 PM
 #116

I used to use usdt. It seems to me that this token is the most popular now. And this means that it is the most reliable.
And the most complicated aswell, I heard from some people that uses USDT or atleast store their wealth value in USDT asked for their importand data or went through KYC process. That'd be really troublesome for people if the money were frozen in the process.

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cryptobae10
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January 17, 2019, 10:39:56 PM
 #117

I think for stable coins It depends on the exchanger am using to make my funds stable

For some exchange its tether
For some it’s usdt, usd or usdc

I prefer usd, I don’t know why though
disconnectme
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January 17, 2019, 10:51:07 PM
 #118

Like it or hat it, Tether is still the best Stablecoin in the space, if others can proof they have a billion Dollars in their bank accoun then I will start to take them serious. Tether has done so much for the space than the credits its gets from the whole space because if not for Tether is possible BTC will still below $1000 some people may disagree with this


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January 17, 2019, 11:23:35 PM
 #119

My favorite stable coins are those which are decentralized. I do not believe in those backed by fiat or gold etc.
 I like the most the mechanism behind DAI as it is fully decentralized and works on the principle of natural
 supply and demand and motivation of the participants.

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January 17, 2019, 11:30:16 PM
Last edit: January 17, 2019, 11:45:28 PM by akeegan
 #120

Been seeing a lot of talk about stablecoins lately like this article: https://www.forbes.com/sites/shermanlee/2018/03/12/explaining-stable-coins-the-holy-grail-of-crytpocurrency/#432e3ce84fc6

What do you guys think about them? My personal favorite would be Havven since they're not pegged to fiat or gold and is trustless.

I like your opinion about not being pegged to a fiat or gold. I find Ampleforth peaking my interest lately due to their elastic supply policy. It's a really unique "stablecoin" (if we even want to call it that) imo.
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