Stable coins

[arthur305]

Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?

[1714721933]

1714721933

[Pump N Dead]

Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?

Having more than 100 stable coin is a positive impact in the market. Although you must not consider coins that are stable in 1 Satoshi per coin because it is already considered as dead coin in a trading platform.

[BogdanGFTP]

What is stable for you? The whole market did not drop or increase more than 5 % last two weeks and you call it stable? To recognize the stable asset we should observe its dynamic for at least one year and if it has not high volatility - it is a stable asset. There is not any cryptocurrency that faces this requirement (except UST and some others not true cryptocurrencies).

[passwordnow]

I didn't know that there are more than hundred of it, I only know few of it.

It has a positive impact and if you aware tether prints worth $250M of tokens, it has been said that it contributed to the bull run last year.

[Rati24]

Stable coins need to fix their profits. But who is behind these coins is not known and they can create them as they please, although they write that everything is supported by real things. I agree that after the success of usdt they became very much like mushrooms after the rain, which, as for me, will negatively affect the cryptocurrency as a whole. I hope nothing will happen to these coins in the future, otherwise there will be another bottom of the market.

[Suwycu]

In general, the presence of stable coins is more likely to be more profitable for states to create their national currencies, because they will be somehow secured and they will not have such volatility.

[Memeicomel]

Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?

iBlockchain is working with DeutscheBank, BlackRock Financial, and Digital Currency Group to create a fully transparent crypto fund that will post weekly ROI. With accredited investors from 7 countries, we are looking to buy out low-cap altcoins on 1-2 small exchanges so we can trigger a massive price rise. - t.me/iblockchainglobal

Ethereum became a very stable coins which became the mainstay of my coins that yield more profits in the future.
by making even more support to Ethereum coin to make it keep on growing and yield more profits.

[kutangterbang]

how is the coin stable according to you? Is it a fixed price and has only experienced a slight change since the listing on the market? or who has experienced price increases and has remained at a good price? it seems everyone has a stable coin specification that is different, and does it have an effect on the market? not necessarily

[MirkoIta]

Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?

Which stable coins are you talking about? Tether and similar or just coins with 0 volume on the markets?

[auroboros]

The stable thing is certainly better, and of course someday the price of the coin will increase and it also requires investor confidence and also depends on the development of the coin itself

[CarnagexD]

Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?

Which stable coins are you talking about? Tether and similar or just coins with 0 volume on the markets?

   We may have different opinion on specific coins but the is just a very indicator that the Crypto Currency Market is very much active, we may seen the ups and down of the market price value of this coins yet it remain stable after the market correction. On the negative side are the possibility of some coins price value may go down when the other goes up...yet, on the side of trading this kind of Volatility is what they are waiting, trading for profits or shift of investment from one coin to another.

[Reid]

I didn't know that there are more than hundred of it, I only know few of it.

It has a positive impact and if you aware tether prints worth $250M of tokens, it has been said that it contributed to the bull run last year.

And also the reason for the fall this year.  

It is an escape pod for the whales and they are all happy by now thanks to Tether.
They made profit in crazy heights when the bull run happened and suddenly sells a large amount which causes a big red mark to all the crypto currencies. Yes we have been played. Looks like their advisers are quite good or have some good connection with the stakes holders.  

[biochem123]

positive definitely, although there's been a lot of FUD regarding tether, which costed me a lot of money, that's the only negative thing not the coins themselves

[Kevin77]

Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?

100+ stable coins ? If I may ask, what is your definition of stability ?
As far as I am concerned, there are just very few coins that are pegged to a physical asset and the supply based on a physically backed supply and if you really want to start mentioning names they are quite few and even at that, i still will not consider them stable, or probably would just say they are less volatile instead.

I really do not think even if we have 100+ stable coins will have a negative impact, it is a market, and I am sure as time goes on with regulation, a lot of things would change, so in that case, one way or the other, any stable coin would always be pegged to something.

[Alpha0One1]

I only know of USDT and TUSD that are pegged to the dollar and are "Stable coins".
Best way to preserve the value on a bear market without pulling out crypto to fiat.

[Herbert2020]

I only know of USDT and TUSD that are pegged to the dollar and are "Stable coins".
Best way to preserve the value on a bear market without pulling out crypto to fiat.

i believe there are about a dozen of stable coins currently in existence but majority of them are too small that aren't even worth talking about. that leaves only USDT which has a high volume.
by the way they are not the "best" way to preserve your value because they are risky coin and although coins like USDT rarely go down in price but they are still centralized and can crash hard if something were to happen to the company creating them.

[hengha]

I don't think there are any stable coins in the market right now, even the price of USDT is constantly changing, and I don't think the market needs so many stable coins!

[segotiwul]

I agree with you, but still be sure that all altcoins will improve as we expected.

[kirstiemorton23]

I also don't know if there are 100 stable altcoins at the moment, I also don't really observe the altcoin developments so far, I am still learning how to assess stable altcoins, I observe that there are many income differences regarding stable altcoins, some say altcoins the stable takes up to 1 year.

[omonuyak]

Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?

Investors will not be happy if coins are stable as they need the increase and decrease in pricing to make money.  However,  stability is what encourage adoptions,  retails and wholesales business both online and offline need stability in other to adopt cryptocurrencies.  To me stability is the best and we should be happy if about 100 are become stable.