Do you believe in stablecoins??

[bouren]

Obviously, i do believe in stable coins only. Because if you invest in stable coins you will get stable and profitable returns in long term. Stable coins are not for short term trading which i personally feel. Btc and eth are most stable coins in cryptos. Though prices of both coins are going down. This is happening because of bear market. Things will be fine once bullrun will start.

[sergei1703]

I do not believe in stable coins, especially in Tether, because nobody know are these coins have a real dollars equalent. So it is not a good idea to use stablecoins.

[bitcoinmar]

I do not believe in stable coins, especially in Tether, because nobody know are these coins have a real dollars equalent. So it is not a good idea to use stablecoins.

So you can explain to me why, if you do not believe in Tether but there are many other stablecoins to appear. Are they more reliable than Tether?

[cameron_EMI]

I truly believe in stablecoins, but it only depends on which ones. I don't trust Tether because of their shady practice and Tether is being controlled by ONE company. Do you really trust this company randomly prints out $300 million tethers because they had extra $300 million cash in their hands? Bleh. https://twitter.com/tetherprinter/status/976190406823063552

If you want to cash out your cryptos into stablecoins, I recommend TrueUSD, USD Coin and Gemini USD. They are regulated with US government and they require consumers, not only corporation or bank, to redeem their actual USD into those stablecoins and they hold those USD in various banks. Not a bank in Bahamas or somewhere in Caribbean.

[mummybtc]

Stable coins are very good for the space, but what is very disturbing is that they are pegged to $1 but you see them trading more than this value. This is not a good sign, a stable coin must be stable. A lot of new entrance into the space are quilty of this because presently most of them are trading about $1

[leea-1334]

Whether you believe in it or not, stablecoins are here already,,, Tether is king of them all in so many exchanges, and you speculators should be thankful for it. No Tether/USDT, no selling Bitcoin easily and buying it back later when it dips, right? I guess at the end of the day, someone needed to make something easy for people to use to short crypto, and USDT is the answer. Others are coming into the picture and will find their use. Will other things come up some day? Of course.

[clipto]

I think stable coins represent a great alternative to the fiat currencies. If the market is going down, stable coins are a good method to keep your money safe till the downtrend is going to end. But I cannot see any perspective of growth for these coins.

[faceoff97]

I actually prefer stable coins than newly introduced ones. Stable coins has actually potential for growth since it already has its good market and people whose taking interest on that coin. Stable coins can now also be stored all in one application making it more easier to keep and invest in. Just be sure that after you bought coin from exchanges transfer it in a open source wallet. Never store coin in an exchange, you never know what will happen with it. You can consider to choose the only opensource multi wallet called HODLER, this makes your investment more secure and safe.

[CP_Processor]

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/thepaytechbook

This 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!

[hanxinvwang]

There is no stable currency in my world, and many crypto claim that they rely on fiat money to price, but the truth is that when people sell it, its price may collapse!

[Orenonex]

I use them, but I would not say that I really trust. They are essentially crypto coins and price depends on many factors.

[bitcoinst]

Why believe in them? They either give the market the necessary functionality or not. Stablecoins give the market what it lacked, stable assets. Thanks to them, you can wait out the recession without worrying about your assets.

[lutcor]

I do not believe in stable coins, especially in Tether, because nobody know are these coins have a real dollars equalent. So it is not a good idea to use stablecoins.

I also think that in spite of all possible imaginary audits, the Tether project simply does not have such a large amount of money to work with them. But according to the latest data, this project is developing successfully.

[CP_Processor]

Why believe in them? They either give the market the necessary functionality or not. Stablecoins give the market what it lacked, stable assets. Thanks to them, you can wait out the recession without worrying about your assets.

Thank you. Finally some sensible take on stablecoins

[alan2here]

There is no stable currency in my world, and many crypto claim that they rely on fiat money to price, but the truth is that when people sell it, its price may collapse!

Stablecoin should only be applied at large exchanges as it will be much more stable than new Stablecoins. Most people are following this trend more and I find this is a very bad idea because no one can prove the value of Stablecoin and will make investors face many difficulties in liquidity.

[ice098]

There is no stable currency in my world, and many crypto claim that they rely on fiat money to price, but the truth is that when people sell it, its price may collapse!

Stablecoin should only be applied at large exchanges as it will be much more stable than new Stablecoins. Most people are following this trend more and I find this is a very bad idea because no one can prove the value of Stablecoin and will make investors face many difficulties in liquidity.

Stable coins is not going to happen because there are some peoplw sell their coin, so if that happen surely the next happen proce will be decrease. But many people buy the price increase same as when they hold their coin. I don't believe in stablecoins because day by day many people buy or sell their coin, and it cause changes in the market.

[childish]

There is no stable currency in my world, and many crypto claim that they rely on fiat money to price, but the truth is that when people sell it, its price may collapse!

Stablecoin should only be applied at large exchanges as it will be much more stable than new Stablecoins. Most people are following this trend more and I find this is a very bad idea because no one can prove the value of Stablecoin and will make investors face many difficulties in liquidity.

Stable coins is not going to happen because there are some peoplw sell their coin, so if that happen surely the next happen proce will be decrease. But many people buy the price increase same as when they hold their coin. I don't believe in stablecoins because day by day many people buy or sell their coin, and it cause changes in the market.

When the State experienced stability in the development of coins will be very capable to generate more profit. In addition the State is on the rise is capable to support the progress of the market Cryptocurrency and affect the speed of the market.

[pochinkin_77]

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 think that stability is not ahout cryptocurrency world and we shall know about that and do jot make any illusopns about that

[pochinkin_77]

There is no stable currency in my world, and many crypto claim that they rely on fiat money to price, but the truth is that when people sell it, its price may collapse!

Stablecoin should only be applied at large exchanges as it will be much more stable than new Stablecoins. Most people are following this trend more and I find this is a very bad idea because no one can prove the value of Stablecoin and will make investors face many difficulties in liquidity.

Stable coins is not going to happen because there are some peoplw sell their coin, so if that happen surely the next happen proce will be decrease. But many people buy the price increase same as when they hold their coin. I don't believe in stablecoins because day by day many people buy or sell their coin, and it cause changes in the market.

When the State experienced stability in the development of coins will be very capable to generate more profit. In addition the State is on the rise is capable to support the progress of the market Cryptocurrency and affect the speed of the market.

i believe that we all jeed to understamd that falling of the price is quite normal for the cryptocurrency world ajd we heed to accept this fact

[Ayobami99]

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.

Stable coins are pretty much very new innovations in the market but it doesn't say there will be some that are scams so everyone needs to be wary. I actually like stable coins just that its somehow hard to know fakes