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Author Topic: Neo based Stable coin will change Stable coin history...?  (Read 250 times)
dasunlanka (OP)
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April 06, 2019, 04:55:13 AM
 #21

Hey. what do you think about this forecast?
Neo Price Prediction 2019 - Neo Price To Touch $200 USD by 2019 End
how realistic is that?

maybe, It already touched $180 feb 2018. touching again will be very easy when bull market starts.

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dasunlanka (OP)
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April 06, 2019, 05:03:26 AM
 #22

I still don't understand what is the advantage of having a stablecoin...if I need to have $ or Eur I think it's better to change crypto to FIAT.

99% crypto exchanges use crypto/crypto trading pairs not crypto/FIAT. so can you change your Crypto to FIAT every day or on every exchange when you need, That is the advantage of having Stable coins

Quote
Also, there is no stable coin that is guaranteed by a trusted third party escrow.

you are right here this is still a real problem.

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April 06, 2019, 05:31:27 AM
 #23

I am unaware that NEO will innovate on this. But I have a question that interests me. How much fee will NEO charge? Perhaps the current price is less, but will it be less when the price will the same as BTC?

It will be ''0'' when transferring among neo blockchain

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April 06, 2019, 08:37:32 AM
 #24

It totally depends on how transparent the neo team are towards the stable coin, because I can tell you that 80% of the stable coin in the market lie about how they come about their market being stable.

Stable coin are mostly centralized and the only difference between stable coin and the bank itself is that unlike financial institutions, stable coins don't ask for verification before making purchase which is a very good thing because one can hold all his/her funds in a stable coin that will never lose its value or gain more value.
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April 06, 2019, 08:44:51 AM
 #25

I believe that this is another useless coin that no one needs at this stage of market development. I think that now there are too many stablecoins.

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April 06, 2019, 09:05:36 AM
 #26

Well if the Neo network is coming up with an instant transaction and zero fee stable coin then obviously it is going to be massive because it will stand out from the competition i hope this will be launched soon and also it will bring massive gains to neo holders as well.

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April 06, 2019, 09:14:36 AM
 #27

I think you have some wrong idea about stable coin. First of all, stable coins are for the liquidity of your investment and taking some instant profit. There's no other reason. If you are referring to the fee, it's nothing. You will not liquid $10 with tether. It will be a big amount where $4 is a tiny amount.
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April 06, 2019, 09:20:21 AM
 #28

I think you have some wrong idea about stable coin. First of all, stable coins are for the liquidity of your investment and taking some instant profit. There's no other reason. If you are referring to the fee, it's nothing. You will not liquid $10 with tether. It will be a big amount where $4 is a tiny amount.

I think this whole Vaznya with stable coins just because investors are thrown at money. Who wants a stable coin without growth. I need something that will change my life 1 once and for all.

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April 06, 2019, 09:35:16 AM
 #29

There is lots of different stable coins on different blockchains.

I don't think any of them did or will change the history neither neo-based stable coin won't.
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April 06, 2019, 12:31:27 PM
 #30

I think you have some wrong idea about stable coin. First of all, stable coins are for the liquidity of your investment and taking some instant profit. There's no other reason. If you are referring to the fee, it's nothing. You will not liquid $10 with tether. It will be a big amount where $4 is a tiny amount.

you are in a wrong idea too..fee will be a very big problem if BTC passes the $50,000 mark. No one will use BTC/USDT/Crypto if they need to pay $10-$20 fee per transaction.

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April 06, 2019, 12:36:15 PM
 #31

I think you have some wrong idea about stable coin. First of all, stable coins are for the liquidity of your investment and taking some instant profit. There's no other reason. If you are referring to the fee, it's nothing. You will not liquid $10 with tether. It will be a big amount where $4 is a tiny amount.

you are in a wrong idea too..fee will be a very big problem if BTC passes the $50,000 mark. No one will use BTC/USDT/Crypto if they need to pay $10-$20 fee per transaction.
I never used stable coins but as far as I know, exchange charges btc as fee when you send btc, eth when you send eth and USDT when you send USDT. If that's the case, how can the fee turn into $10-$20. Looks like I have missed a little to some part of your theory.
dasunlanka (OP)
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April 06, 2019, 01:01:14 PM
 #32

I never used stable coins but as far as I know, exchange charges btc as fee when you send btc, eth when you send eth and USDT when you send USDT. If that's the case, how can the fee turn into $10-$20. Looks like I have missed a little to some part of your theory.

Fee will increase when unconfirmed transaction increase and btc/eth value increased. It happened last crypto boom(2017 dec). and you can see another up movement last week.Here is the link for block details

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April 07, 2019, 04:13:57 AM
 #33

I think you have some wrong idea about stable coin. First of all, stable coins are for the liquidity of your investment and taking some instant profit. There's no other reason. If you are referring to the fee, it's nothing. You will not liquid $10 with tether. It will be a big amount where $4 is a tiny amount.

you are in a wrong idea too..fee will be a very big problem if BTC passes the $50,000 mark. No one will use BTC/USDT/Crypto if they need to pay $10-$20 fee per transaction.

So maybe people can convert their bitcoin to another coin before they can send it into another wallet. That is what they can do if they don't want to pay with a high fee. Luckily, we have so many coins that we can choose, and many of them don't have a high fee for the transaction fee so we can easily choose one coin to be converted from bitcoin.

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