Bitcoin Forum
May 10, 2024, 08:08:46 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 »  All
  Print  
Author Topic: Do you believe in stablecoins??  (Read 3180 times)
Bessta
Full Member
***
Offline Offline

Activity: 560
Merit: 101



View Profile
May 31, 2018, 03:20:49 PM
 #21

Stable coins aren't that bad for sure. The fact that they're really stable means there is a good team working behind them. But I still prefer investing in not really stable coins but coins that have a future. Specifically the coins that are really cheap so you can buy and produce more profit.

HYDAX EXCHANGE BOUNTY ANN
A Secure, Efficient, Simple Cryptocurrency Exchange
Exchange Futures & Options IEO APP Community
1715371726
Hero Member
*
Offline Offline

Posts: 1715371726

View Profile Personal Message (Offline)

Ignore
1715371726
Reply with quote  #2

1715371726
Report to moderator
1715371726
Hero Member
*
Offline Offline

Posts: 1715371726

View Profile Personal Message (Offline)

Ignore
1715371726
Reply with quote  #2

1715371726
Report to moderator
1715371726
Hero Member
*
Offline Offline

Posts: 1715371726

View Profile Personal Message (Offline)

Ignore
1715371726
Reply with quote  #2

1715371726
Report to moderator
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715371726
Hero Member
*
Offline Offline

Posts: 1715371726

View Profile Personal Message (Offline)

Ignore
1715371726
Reply with quote  #2

1715371726
Report to moderator
Sinderela
Jr. Member
*
Offline Offline

Activity: 266
Merit: 1


View Profile
May 31, 2018, 04:09:53 PM
 #22

the volability of the coin's price is unlikely to be stable, because its total supply remains. The value of a stable token needs a strategy from the developer to keep the price of the coin stable
Yana_O1993
Jr. Member
*
Offline Offline

Activity: 182
Merit: 1


View Profile WWW
May 31, 2018, 04:12:15 PM
 #23

you are now talking about ico or about the bounty ?. I personally do not know these companies, but from my own I very much hope for the Moneto and Kepler

ADAB Solutions
 First crypto exchange Islamic Crypto Exchange
http://www.adabsolutions.com
celakkenyang
Jr. Member
*
Offline Offline

Activity: 210
Merit: 2


View Profile WWW
May 31, 2018, 04:51:36 PM
 #24

I do not believe. in the crypto world the price of crypto will never be stable. prices will increase and decrease in every year. but I am sure the price of crypto will increase in every year.
Renskin
Newbie
*
Offline Offline

Activity: 140
Merit: 0


View Profile
May 31, 2018, 06:52:57 PM
 #25

Stable coin is needed to wait out the drawdown of the market someone uses Steem Dollar, bitUSD, NuBits coins to stay stable at the moments of market drawdowns but the volumes are very small. There is a Tether(USDT) with good volume and smooth reputation but they got problem with registration, the issue is under the Committee, who decided the issue of registration share your experience?  But there are still some coins which are backed by real assets, plants, factories etc in them, I believe it is much less but still as a temporary Spasenie from the pit can be viewed for a very short entrance.
Osakrita
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
May 31, 2018, 06:57:30 PM
 #26

Stable coins are a great addition to cryptocurrencies, howver we have not been able to develop one that has gained so much acceptance without any issues.Tether would have been a good deal but there are too many controversies as regard the audit or whether or not they are actually backed by Fiat.Havven is my choice,i hope it gains better acceptance.I am yet to research the other you mentioned.Minexcoin has not really achieved its goals also(it was designed to be some sort of stable currency)
darylalban
Jr. Member
*
Offline Offline

Activity: 184
Merit: 1


View Profile
May 31, 2018, 06:58:14 PM
 #27

guys I would wait until nUSD launches with Havven. Then we will really see a use case with a stablecoin. I see the most potential in them because of the dual token system, team, and partnerships. great project IMO
Hannahanto
Full Member
***
Offline Offline

Activity: 826
Merit: 111



View Profile
May 31, 2018, 07:56:22 PM
 #28

No i dont believe in stablecoins. There are so many good coins in the market. High potential coins with promising growth available in the market. We have to choose that coins why would go for stable coins. Other than big coins we have to go for coins with small growth. Invest in those coins and wait for long time once the price will high then you can or hold the coin and gain more profit than you invest.
MainIbem
Sr. Member
****
Offline Offline

Activity: 1344
Merit: 386


#SWGT PRE-SALE IS LIVE


View Profile
May 31, 2018, 08:46:08 PM
 #29

The nature of the crypto market makes stable coin not attractive. The hype is all about price swings. That is the beauty. So, to me, a stable coin is not for now.


.SWG.io.













█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
CONFIRMED






blockman
Hero Member
*****
Offline Offline

Activity: 2912
Merit: 627


Vave.com - Crypto Casino


View Profile
May 31, 2018, 09:20:51 PM
 #30

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.

V. J. Meyer
Member
**
Offline Offline

Activity: 308
Merit: 10


View Profile
May 31, 2018, 10:22:11 PM
 #31

Stable coins are a great addition to cryptocurrencies, howver we have not been able to develop one that has gained so much acceptance without any issues.Tether would have been a good deal but there are too many controversies as regard the audit or whether or not they are actually backed by Fiat.Havven is my choice,i hope it gains better acceptance.I am yet to research the other you mentioned.Minexcoin has not really achieved its goals also(it was designed to be some sort of stable currency)
This project is developing quite well and receiving much attention from the investment community. The market is recovering and this is the time for investors to select good projects to participate.
nnevergiveupp
Newbie
*
Offline Offline

Activity: 26
Merit: 0


View Profile
June 01, 2018, 04:30:52 AM
 #32

I think there is no stable coin at the moment. Sad
Isaak Brenner
Newbie
*
Offline Offline

Activity: 76
Merit: 0


View Profile
June 01, 2018, 10:14:58 AM
 #33

I believe only in TrueUSD, because Bittrex team believes in that and I trust them. I don't beleive in Tether, because their policy of issuing money is not transparent, they refuse to conduct an audit - I don't like this.
I heard about new stablecoin - Circle, I believe in that too, because this is token from Goldman Sachs(Poloniex).
totoy4741
Member
**
Offline Offline

Activity: 882
Merit: 13


View Profile
June 01, 2018, 10:17:25 AM
 #34

I am not. I have not seen any stable coin since I've been into crypto. The value goes up and down even those household names in the market. If the market turns red it will affect evey coins ecen if it is stable.
Killrbit
Member
**
Offline Offline

Activity: 224
Merit: 31


View Profile
June 01, 2018, 11:46:27 AM
 #35

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.

Personally no don't believe in stable coins, I dont see how the concept can work in the long run, unless you have a great deal of transparency/ audits with regard to how the money is stored, managed and so on. I mean the whole point of btc/crypto is to remove the trusted third parties. All that asie even assuming the stable coins tether/tusd etc are not cooking their books, i still think the USA will crackdown on it for money laundering. Check out the liberty reserve case for more information.

There is also an interesting article by Vitalik on stable coins very interesting and worth a read check it out here : https://blog.ethereum.org/2014/11/11/search-stable-cryptocurrency/

░░▒▒▓▓▓▓▓************** DFINANCE is New Age of DEFI **************▓▓▓▓▓▒▒░░
░░▒▒▓▓▓▓* Bitcointalk ▐  TwitterReddit ▐  Telegram ▐  Github ▐  Discord *▓▓▓▓▒▒░░
░░▒▒▓▓▓** A Non-Code Platform for Decentralized Trading Instruments **▓▓▓▒▒░░
richeesee
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
June 01, 2018, 12:23:41 PM
 #36

Yes, I believe
sehoon
Full Member
***
Offline Offline

Activity: 840
Merit: 101



View Profile
June 01, 2018, 02:38:00 PM
 #37

Yes, I believe in stable coins because they are stable. And for me, there is really nothing wrong with stable coins as long as it will grow in the future. So far, I haven't researched about stable coins that are absolutely stable like they are not going to grow in the future. I think that is going to be really bad for the investors if they invested in a coin like that.

EvaGC
Member
**
Offline Offline

Activity: 476
Merit: 11


View Profile
June 01, 2018, 05:23:09 PM
 #38

I recommend you read: Bringing stablecoins to the next level
https://medium.com/@globcoin_io/bringing-stablecoins-to-the-next-level-357879430b0f
rjefferson
Member
**
Offline Offline

Activity: 150
Merit: 10


View Profile
June 04, 2018, 08:34:30 PM
 #39

I believe only in TrueUSD, because Bittrex team believes in that and I trust them. I don't beleive in Tether, because their policy of issuing money is not transparent, they refuse to conduct an audit - I don't like this.
I heard about new stablecoin - Circle, I believe in that too, because this is token from Goldman Sachs(Poloniex).

IMO trueUSD is a joke same with basis too. I'm a personal believer in Havven just based on their credibility as a company. For me that stems from the team, partnerships, vision, dev, and ideologies. You should read up on them because they're launching nUSD on june 11th which is a huge deal
dunfida
Legendary
*
Offline Offline

Activity: 3080
Merit: 1131



View Profile
June 04, 2018, 09:08:35 PM
 #40

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.
Then how long does it take to move $0.1? For sure if you are a trader on investor you would really change your mind because you cant see an opportunity here on making money lets say it does move on 1 cent then how much you will able to profit on? I dont see you will stick to it yet you would able to see there are lots of coins in the market which will give out more profitability than into these stable coins.

Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!