Are stable coins the solution for price volitility?

[moynul2050]

we can never hope that all coins will be stable, because of the fluctuations that characterize cryptocurrency. but from the many projects here no longer need to need a stable coin and not develop because the project will continue to experience ups and downs every time it passes

yes, what I really like about bitcoin is that its characteristics are never stable, with such instability many people benefit from trade, because of that I never expected that bitcoin would become a stable coin.

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[sehoon]

To be honest, I really don't get your point. Do you want to make the market to be stable or dominate by stable coins? Because if that is the case, then a lot of investors will stop investing because there is no point already. Unless they are going to have something from those coins that are worth profiting. Volatility enables us to buy at low and sell at high.

[izanagi narukami]

The fact is difficult to see cryptocurrency on stable like gold because crypto only being own by less people compare gold's
We can reach stable value once more than 95% people in this world, own some bits.

Is it possible ?
Time will answer and personally I'm sure will happen

[Rooster101]

With the rise of stable coins, cryptocurrencies will have a mix of volatile and non volatile coins. Stablecoin prices is mostly pegged at a dollar and use to stabilized a fund during a market downtrend. I used to buy stablecoin when the price of bitcoin or ethereum start to fall to maintain the present price. Bitcoin price will eventually go up and after it is confirming the rise, it is time to buy it using the stablecoin. Facebook is reportedly creating it own stablecoin, also called globalcoin. Facebook is giant social media site so I believe that the launching will becwill successful like the other stablecoins in the market.

[Mr.ZODIAC]

I have already tried to study information on Facebook, this project which they announced for the near future.  Of course, this is already a social network that wants to offer its users good conditions and quality services.  But only real results can show the prospects of this project.

[pacman7331]

No, it is not! From the end of the last year to till now, we have got several stable coins! But do we need all of them? even stable token also arrive! I suppose these stable coins are coming to make huge money for their self! The TUSD, USDC was enough, now Binance is bringing their own stable coin, Tron already brought stable coin! These things can't solve any crypto problem I assume!

[$anounimus$]

I have already tried to study information on Facebook, this project which they announced for the near future.  Of course, this is already a social network that wants to offer its users good conditions and quality services.  But only real results can show the prospects of this project.

well, everything really depends on the results of the project being developed because the price of coins has a price movement system depending on the demand on the market, when facebook coin is very useful, the price can be expensive and can be used to benefit from the rise and fall of coin prices.

[vermigerous]

If they all of these coins become fixed priced then all of Satoshi's dream will be nulled. how can we make it fixed we don't need it anymore it that's happen cause we only fooling our self let's just use fiat to trade and keep this thing as simple as that. crypto currencies are use for decentralized transactions to counter the banks authority over our money.