Stable coins

[aizen10]

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

To have a 100+ active coins in the market has a possitive infact to us, because we can continue making profits from it, but dont considered the coins that has a value of $0.01 because this will soon to be dead.

[Jpt]

What do you mean by stable coins? The whole market is unstable after all given the  volatility of cryptocurrency. How can you say that 100 coins are stable at the time when almost all the coins are unstable? Prices of all coins are going up and down from time to time. If the regulations are strictly in place, the market will experience stability to some extend, it is expected.

[aces777]

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

There is no negative impact of the coins on the market, it is better that we are not having any kind of stable coins since the coins that we have right now cannot even maintain their stable status. I do not believe that this is the time of the stable coins, people are trying to make money and they are not going to do os with coins that do not move

[CaMeRoNy]

What coins are we talking about? The cryptocurrency market is not a priori to be stable. The volatility is high and we see it every day. Even coins that are declared as stable have greater volatility.

[jupppo]

I think that people will use only few of them. For example, I know onlu 3 of them TUSD, USDT, GUSD. And I won't buy another stable coin because these coins are famous and checked by many organistions.

[Gasolindance]

100+ so many coins, which you think, that stable. In my opinion there are 20 top coins, which have some perspective for future.

[Yarex]

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

Note. Of the top 100 stable, about 50 first coins can be called. The remaining coins then fall into the list, then fall out of it.

[chakhigh]

I think that people will use only few of them. For example, I know onlu 3 of them TUSD, USDT, GUSD. And I won't buy another stable coin because these coins are famous and checked by many organistions.

I do agree on your "checked by many organistions." point, but I do believe the doors are still open for the best stable coin backing method. I love how Gigzi, for a sample, will use precious metals, like Gold for backing the crypto-assets price, so it is less volatile. This project is very promising and stable coins are not all created equal. Gold is known by its stable price. And using it to back the crypto-assets price is more powerful..

[Delima Manis]

I think stable coins are not a good thing, if all the coins are stable then where can we benefit?
don't we have a chance to buy lots of coins when prices go down and we can get a lot of profit by selling them when prices rise