Stable coins

[naidray]

optitoken listed on fatbtc now and mooning

There is even a huge difference between a less volatile movement which is also called a sideways movement and a stable market. As long as volatility remains, then there is no stability here. However, it is obvious the OP is trying to pinpoint to the likes of USDT, USDC, TUSD and the likes which are somehow pegged to a dollar or some other physical asset backed coins being pegged to the physical asset they represent.

They are always stable because they are controlled, but I doubt if we have up to 100+ stable coins in the market right now. Without regulations, it would be hard to audit stable coins anyway, but with regulation in a way, I really do not see any special problem.

[nonbody]

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

I think most of the price of stable coins is tied together, unless the project side has negative news, causing the price of the token to plummet.

[zedaq]

Very often I hear that all the same, many people are trying to stay away from this exchange, there are already a lot of reviews associated with this, perhaps it will be very sad to affect the reputation and as you can see already affects.

[hummer113]

If we talk about coins, then probably we do not need a lot of coins, a large number of coins is bad, but stable tokens can be any number.

[kentrolla]

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

I think most of the price of stable coins is tied together, unless the project side has negative news, causing the price of the token to plummet.

That's correct as there are set of stable coins and the value of those coins rises and fall together as their value is indirectly proportional to eachother. But we should not be confusing these coin with some new entries to the market who stays on top for first one week with huge pump and then drops down to almost zero.

[viktoriya1945]

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

I know only one stable coin, it's Tether, please tell me about the other coins I would be very interested to learn about them.

[MilesEldwin]

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

Tether is rhe one stable coin many coins are stable but tether all of best,

[goodluck0319]

bitcoin bitcoin, which coin can be more stable than bitcoin. it needs to be taken, friends. moreover, it is now worth so little. from altcoins Ethereum, ripple, neo, stellar.

[powerman24]

Stable coins could have positive impact to the market especially on bearish market as many people are shorting their coins to save the value of their investment. Though, I do not think we need so many of them, but  the market will decide which ones will be  trusted ones.

[Gaggy185]

Currently, in the market, only Tether (USDT) is considered stable coin only. The crypto that you consider stable has a very high rate of oscillation. The stable coins are the most positive impact on the market, bypassing investors to lose too much when the market falls in exchange rates.

[mbluxs]

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

In my opinion it doesn't have a bad impact, because you will keep going in a place right? you won't sell it?
so if I don't sell it now, it doesn't matter

[wojteks102]

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

Good in case of volume decentralization but for newbie really not helpful which one is best one and which one to choose. But right now we need to start thinking about diversification our stable coin portfolio or just choose one and risk?

[childish]

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

I think most of the price of stable coins is tied together, unless the project side has negative news, causing the price of the token to plummet.

That's correct as there are set of stable coins and the value of those coins rises and fall together as their value is indirectly proportional to eachother. But we should not be confusing these coin with some new entries to the market who stays on top for first one week with huge pump and then drops down to almost zero.

I'm very fascinated see developments owned Ripple that becomes very stable coins to be able to count on. This is demonstrated with a high enough price at this time with the growth of the coins so quickly. so very nice to rely on Ripple as the coin is stable.

[avonka]

I do not think that so many stable coins are needed. Tether is the most used stable coin, but i do not like if the stable coin is centralized and we have to believe that it is backed with same amount of $. I like decentralized stable coins like DAI with a motivating mechanism built in via smart contract.

[batang_bitcoin]

I do not think that so many stable coins are needed. Tether is the most used stable coin, but i do not like if the stable coin is centralized and we have to believe that it is backed with same amount of $. I like decentralized stable coins like DAI with a motivating mechanism built in via smart contract.

There's no need for more stable coins, except Tether there's also TrueUSD, Gemini Dollar and USDC.

All of those four should be enough for everyone to choose if they prefer to convert their coins and save it during the bear market. I'd personally go with USDC or Gemini Dollar if I'm going to convert into stable coin but needless to say, its just my opinion.

[antsam]

I think a large number does not have a positive or negative effect. But when the stable coin is not able to maintain its stability that can make a bad effect for others

[Rudi Setya]

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

I think most of the price of stable coins is tied together, unless the project side has negative news, causing the price of the token to plummet.

That's correct as there are set of stable coins and the value of those coins rises and fall together as their value is indirectly proportional to eachother. But we should not be confusing these coin with some new entries to the market who stays on top for first one week with huge pump and then drops down to almost zero.

the State of the coins not always progression. so to keep vigil in the market circumstances are volatile at this highly recommend to use a coin that has stability as it did on the Ripple. This would be very advantageous to have Ripple and count on it.

[lamba]

Stable coins are good for market. In the past we heard too many fuds about tether but these days with these new stable coins tether's marketcap is getting lower and other stable coins marketcap getting higher. For example
true usd and usdc etc. I love to see more stable coins in crypto space and it will effect positively i think. At least finally tether is not the only choice for holding fiat in crypto.

[Psynthax]

I think a large number does not have a positive or negative effect. But when the stable coin is not able to maintain its stability that can make a bad effect for others

The stability should be gained from its dollar. It's backed by dollar and any thing that happen in the crypto will not give any impact to the price of these coins. You should remember about when you are seeing that tether gets plunged and as a coin that backed by a dollar for each tether and that doesn't make sense.

[fosco333]

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

There are no stable coins in cryptocurrency, unless they have a strong product that have been used by many peoples in real world.
When bitcoin down, almost all coins are going down too. Even for now, you can see in coinmarketcap that only some coins which have a green trend price, the others are red and going down the trend.