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Author Topic: Do you believe in stablecoins??  (Read 3178 times)
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June 05, 2018, 02:30:30 PM
 #41

Honestly, I do not know much about Havven. I mostly prefer coins with the top 20 on a coinmarketcap. I think that there it is quite easy to find promising coins with great potential right there.
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June 21, 2018, 06:43:04 PM
 #42

I'm not a fan of stable coins so I don't have any of it.

But it can be a good life saver when you want to flee from the pain that the market is showing. I think that's their main feature, to save traders when the market is shaking the weaklings.
This is on how i do see on these stable coins which their actual usage would be like this where you would able to convert yourself from alts or bitcoin itself to these kind of coins to avoid the volatility of the market but when it comes to profitability then i would say this is just a dumb coin to invest or purchase on. Only Tether i do recognize on the above listed and the others is yet unknown into my ears and i dont know where those coins came from.  Smiley
Yes there's no profitability in stable coins but if you can come up with few percentage growth with it and you are good then you may find a window to it.

The price I can see is it's few cents increase, like last time it was $0.99 per Tether and when it reached $1 per USDT you have few profit on it.

there is profit with Havven if you're a havven holder. You get paid fees. https://havven.io/how-it-works
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June 21, 2018, 06:47:23 PM
 #43

I don't know...
Stable coins could be a great thing or a really bad thing...
tether for example is not clear how it works...
furthermore, are they minable? I would like to learn much more about them...
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June 21, 2018, 06:57:46 PM
 #44

Stablecoins is strange concept, by my opinion. Why ever you need crypto to bind it to Fiat? Useless additional interlayer by me.
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June 21, 2018, 06:59:27 PM
 #45

If I myself like the base because he is basis and friendly, answering questions if asked or provide answers, which makes me like the same basis
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June 21, 2018, 07:06:20 PM
 #46

I don't know...
Stable coins could be a great thing or a really bad thing...
tether for example is not clear how it works...
furthermore, are they minable? I would like to learn much more about them...


I would look more into Havven through their website: https://havven.io/

Stablecoins is strange concept, by my opinion. Why ever you need crypto to bind it to Fiat? Useless additional interlayer by me.

Only some stablecoins are pegged to fiat but I know Havven has its own dual token system that as a result becomes crypto-collaterized
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June 21, 2018, 07:19:43 PM
 #47

My favourite stablecoin is TUSD (TrueUSD), because Bittrex team trusts them(they first who added this coin). I don't like Tether, because they have some problems with audit.
I heard yesterday that Tether will be audited, but I don't know what they will doing.
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June 21, 2018, 07:25:54 PM
 #48

My favourite stablecoin is TUSD (TrueUSD), because Bittrex team trusts them(they first who added this coin). I don't like Tether, because they have some problems with audit.
I heard yesterday that Tether will be audited, but I don't know what they will doing.
this is very bad news, because I wanted to make decisions to keep all my funds in USDT. so I wanted to keep real money in the equivalent of a crypto currency, which equals the dollar and practically does not change the rate.
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June 22, 2018, 08:20:03 AM
 #49

I use stable coins for trading (or when I need to sit out correction, fall of price) or transfer from the exchange to the exchange. I always use a tether.
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June 22, 2018, 10:51:53 AM
 #50

I'm really curious to see if everyone believes in stablecoins. To name some, there is Tether, Havven, Basis, and Makerdao. Which one is your favorite? Mine is personally Havven.

Sometimes it feels like I'm the only one rooting for stablecoins. I think they're truly the way to mass adoption.

I don't, even if there are proofs that they are backed by real money, simply because that backing can disappear at any moment. It's a risk you have to take into account.
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June 22, 2018, 12:58:46 PM
 #51

That way, all coins are moving every minute even hours. So we can not tell if a currency is stable. That's because of the investors and scams. If I'm not mistaken. Thanks ..
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June 22, 2018, 01:42:55 PM
 #52

I'm really curious to see if everyone believes in stablecoins. To name some, there is Tether, Havven, Basis, and Makerdao. Which one is your favorite? Mine is personally Havven.

Sometimes it feels like I'm the only one rooting for stablecoins. I think they're truly the way to mass adoption.
 

Of course we are all hoping it to happen to have a stable coin in the market....  Because we all know that price movement affects us....  The price in the market is always fluctuating thats why we really get difficult on calculating our profit....  But if it have a stable coin maybe we ca work here much good an safely....
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June 24, 2018, 07:35:30 AM
 #53

I do not view tether as a full-fledged crypto currency. This is a good coin for performing the function of transition from crypto currency to fiat. I also think that there can not be a stable, decentralized crypto currency. If its price is formed solely on the basis of the ratio of supply and demand, and they are never constant, there can not be a constant price of such a crypto currency.

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June 24, 2018, 10:06:28 AM
 #54

There is no stable cryptocurrency on the market, and the price of these tokens you are talking about is also very unstable. I believe you have checked the market prices today! Within 20 days they have fallen by 20%! I am now disappointed with the market!

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June 24, 2018, 10:19:24 AM
 #55

My favourite stablecoin is TUSD (TrueUSD), because Bittrex team trusts them(they first who added this coin). I don't like Tether, because they have some problems with audit.
I heard yesterday that Tether will be audited, but I don't know what they will doing.

Bittrex also trusts Tether, and Bittrex also adds alts that have even worse reputations, so don't kid yourself. Bittrex, like any exchange, is about profit. If they can find profit in adding a token, they will. Makes no difference nowadays what tokens are added by centralized exchanges.

Tether apparently already had their "audit" and bank accounts verify they had more than their Tether, but not clear if this amount was in bank accounts during the time they printed Tether. Just during the date of inspection. Doesn't mean anything to me though.

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June 24, 2018, 10:25:27 AM
 #56

Basis and Makerdao-what are these coins? For some reason I can't find them even on the coinmarketcap website.

As for the rest, it is better to trade on the exchanges, where there is a trade to the USD ( present). And so if there is no possibility that already at least to USDT. But I think everyone has heard about this coin)))
How they print new coins and things.

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June 24, 2018, 10:59:46 AM
 #57

I have very big doubts about Tether. They print money from the air, and this money is not guaranteed. I also read the news that Tether owners have problems with the SEC.
Tottaly agree with you, I wouldn't trust Tether

Me too, I think that's why more and more exchanges plan to add fiat to crypto trading pair.
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June 24, 2018, 11:18:46 AM
 #58

Yeah, I believe in stable coins, but there is a small number of stable coin. So this year in crypto sphere should be created some stable coins besides USDT ( personally I have to transfer money in USDT, but i don't believe in this stable coin, so many rumors around)

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June 27, 2018, 08:33:50 PM
 #59

Wow what a discussion! I'm personally a huge fan of Havven. Love everything about their dual token system. What about everyone else?
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June 27, 2018, 09:00:46 PM
 #60

This is a very promising direction of coins. I think that such coins are very necessary for the market during the strong falls. People like to wait for a storm in such coins.
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