bartusv
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October 20, 2018, 11:33:22 PM |
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I do not believe in stable coins as crypto is volatile market. Stable coins has to be backed with same amount of FIAT to be stable. We has witnessed this week when Tether lost almost 10% from it`s value. I see the benefit from stable coins for trading purposes
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▄ ◤ DAGO Mining ◥ ▄ ▐░ ECOLOGICAL BITCOIN MINING ░▌ (https://dago-mining.com)
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CP_Processor (OP)
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October 22, 2018, 02:31:57 PM |
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You know, it is very difficult to understand what kind of project will move the entire crypto industry in the near future. I don't know what the future holds, but it's gonna be a lot of fun.
Agree! It is very exciting to see what the future holds in terms of stable coins!
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contactmike1
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October 23, 2018, 12:58:16 PM |
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I don't think usdt will lose dominance. other competitors have lower volume compared to usdt and you can't use it as a method of keeping your funds in stability.
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CP_Processor (OP)
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October 24, 2018, 09:27:28 AM |
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I don't think usdt will lose dominance. other competitors have lower volume compared to usdt and you can't use it as a method of keeping your funds in stability.
They have lower volume for now, but Tether is not going to dominate stablecoin market for much longer. Regulated coins will take over its dominance, or at least split it
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dddudidd
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October 24, 2018, 09:39:45 AM |
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still not certain, depending on how Stablecoin continues to develop its wings in a particular realm, it will also be seen from investors who invest their capital in the development of this project.
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CP_Processor (OP)
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October 26, 2018, 09:12:33 AM |
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livingfree
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October 27, 2018, 08:57:49 PM |
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Yes, having a real back up of dollars is really big and its Coinbase and Circle, they are not just so popular companies but they are one of the biggest that operates right now. With your questions, they are fine IMO. What I think is missing is you've got to put some multiple choices and input your ideas and answers with your questions. That will be easier for your survey to be answered by participants who are interested to it.
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CP_Processor (OP)
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October 29, 2018, 02:19:33 PM |
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Yes, having a real back up of dollars is really big and its Coinbase and Circle, they are not just so popular companies but they are one of the biggest that operates right now. With your questions, they are fine IMO. What I think is missing is you've got to put some multiple choices and input your ideas and answers with your questions. That will be easier for your survey to be answered by participants who are interested to it. Thank you for your constructive suggestions! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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rafa_uefa3
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October 29, 2018, 02:39:23 PM |
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it should be trustful coin, Havven looks interesting, while Tether discredited itself with lack of funds to support USDT by 1:1 proportion and printing money from air
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ripaex (https://ripaex.io/) Marketplace
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CP_Processor (OP)
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October 30, 2018, 02:55:16 PM |
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it should be trustful coin, Havven looks interesting, while Tether discredited itself with lack of funds to support USDT by 1:1 proportion and printing money from air
Tether is still the most dominant stablecoin in the market, but finally started to decline and is rapidly losing trust of the traders. It is amazing that it didn't happened sooner, since Tether failed to provide audits of its funds
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CP_Processor (OP)
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October 31, 2018, 01:12:46 PM Last edit: October 31, 2018, 02:14:04 PM by CP_Processor |
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In the effort to further raise awareness on stablecoins in general, we decided to make the first standardized stablecoins questionnaire. Before standards can be established, we need to get feedback from everyone in the community. It is essential that we all work together to create these standards. That is why we have created this survey with proposed questions that any stablecoin will have to answer before calling itself a proper stablecoin. We expect you to tell us which questions you would exclude from this questionnaire and to add those that are missing. Here is the link to the survey - https://docs.google.com/forms/d/e/1FAIpQLSdmpAXOOOkNS94BJ18fneTAgtMnVpzG2XXnqr1ttRwrxLj2Cw/viewform?usp=sf_link
Thank you for your cooperation!
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CP_Processor (OP)
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November 28, 2018, 09:51:32 AM |
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Dear community, our abstract Evolution of money - Stablecoins is up for voting on FINTECH BOOK website! Please support our idea and #stablecoins and help us get published in the next @PayTECHBook ! Login to their website and vote for us! Thank you! http://app.thefintechbook.com/thepaytechbookThis is a huge opportunity, not only for CP Processor, but for stablecoins in general. We have a chance to promote this idea in one of the most influential books in the financial ecosystem. Help us raise awareness on stablecoins - the future of blockchain payments!
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UNOE
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November 28, 2018, 09:56:00 AM |
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I do not see point of stable coin in future, especially for crypto payments. Cryptocurrencies should not be something like fiat money. I would rather use real dolar instead of Tether, TUSD or DAI... These stablecoins have too many points of failure.
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No Pain No blood
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November 30, 2018, 01:32:20 PM |
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if crypto wants to be used as a payment instrument, I think stable coin is the best way to do it if it is backed by real money. keeps the value of stable coin fixed. and maybe this is one way for crypto to be accepted by everyone.
but if we talk about profit, stable coins are less suitable to become investments because the price is stable and does not have high volatility
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