Stable Coins Necessary?

[Naitik]

yes there are lots of fluctuation, so you have to have some stable coins to protect yourself from the great loss and have some profits even in the bear market.

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[Lake20]

Stable Crypto coins are needed if we want Cryptocurrency to go mainstream and be accepted by many. The truth is that it will be difficult to use volatile token or Coin in everyday's transactions without it having little form of stability.

[emezh10]

everyone would want a stable altcoin, moreover, it could break through $ 1000 again. it's been too long, prices have dropped and stabilized at $ 200. when will this happen towards the increase ??

   Yes, everyone want stable coins as posted in the market, it maybe affected by ups and down on the market price value but still remains stable after such correction, no one want to lost or unstable coin, surely it not good for their investment, no profit to hope for once the market stabilized and gain momentum for the possible crazy bull run in the future.

[maldini]

I think bitcoin is enough if only for coins to be stable because bitcoin is now quite stable and rarely has a downtrend, bitcoin has the potential for an uptrend going forward. I think the stable coin is enough with the one you mentioned above

[awazieik]

Currently seems every project or crypto company wanna create a stable coin now, except USDT, currently we have GUSD, TUSD, PAX.

But do you think it's really necessary to have so many stable coins?

The crypto market is faced with so much volatility so the school of thought is that there needs to be a stable coin that will prevent such so that investors can invest in cryptocurrency . It doesn't matter if there are so many stable coins , in time , whether this model will survive will be known.

[2tang]

what's stable? circulation or price? if you mean the price it is very necessary to have it in large quantities especially if you are a trader because to my knowledge even though it is stable but the price increases and decreases are still insignificant and you can use the graph by buying and selling when going up though just up a few percent you better sell it then buy it again because the coins are stable usually the ride isn't too high

[jerry29@]

Yes it will make time from the strategy to work in the market.and analysis everything.

[Argoo]

Currently seems every project or crypto company wanna create a stable coin now, except USDT, currently we have GUSD, TUSD, PAX.

But do you think it's really necessary to have so many stable coins?

Stable coins are very convenient when using cryptocurrencies and are very helpful in practice. Therefore, I am in favor of having more of them, so that there is a choice, and there is some kind of competition between them. For the time being we will choose which coins will be in demand, they will remain. I am very pleased with the appearance of stable coins.

[powerman24]

Crypto is highly volatile and stable coins are important for mass adoption of cryptocurrencies as merchants are
not likely accepting cypto as payment solution if it is heavily fluctuating. Stable coins are backed with Fiat and this is
how they remain stable.

[yavorskiy616]

Hi. I think that stable coins are not needed. I think that the stock exchange should be dollar and euro. Stable coins are dangerous, may burst at any time.

[xOdiumNostrumx]

There should be couple alternatives to tether in existence as we are all aware of the shadiness of the aforementioned one. But why not the more, the merrier and in the end the market will decide which ones will prevail in the long run and which ones will crumble back to obscurity.

[wizardcrypto]

stable coin is very necessary specially in trading of cryptocurrency pairs on cryptocurrency exchanges. if you have been an observant or trader since inception of cryptocurrency or just a biginner this year 2018 you will notice that when bitcoin is dumping for any sentimental reasons or technical reasons , you will see all most all the altcoin also dumping likewise  which is not good for traders who might have acquire some sort of profit in their portfolio .what this stable coins does is to help you to liquidate your crypto asset fast when you predict that there is probability of whales dumping soon .

[icalical]

Seems like many people think stable coins are necessary, so I think I have an unpopular opinion here. I do not think that stable coins are necessary, well if you would like to invest in crypto, you should invest in real crypto, and if you still worries, rather buy a stable coin, just keep your money in fiat. The only utilities of stable coins is as a bridge to convert crypto to fiat, and there are already exchanges that offer direct convert from crypto to fiat without stable coins, so stable coins are not really necessary.

[ay.postnov]

A very good idea for investors who want just save money and don't worry about the fact that government will know about them

[Cocoincos]

very important to have stable or raising of main currencies as Bictoin or ETH, but not the bottom what we have now...everyone tired to wait some changes

[Gifolote]

I believe that there is no sense in stable coins. projects should develop and bring profit to investors rather than stabilize the price of the coin.

[jajorforce]

Currently seems every project or crypto company wanna create a stable coin now, except USDT, currently we have GUSD, TUSD, PAX.

But do you think it's really necessary to have so many stable coins?

In the future when no one uses paper money anymore, the cryptocurrency will rise to the throne. Then you see why every industry needs a single currency.
although it is now just the beginning of industry 4.0. Money has no special application except for speculation for profit.

[alexsoul]

I think because of the distrust of the USDT, many thought it was a great chance to issue their own stablecoin. Perhaps it's just a race ahead of the curve, which will win the project, which will be able to get to more exchanges and get a large market share.

[johnine]

There are stable coins out there just like the Tether, MarketDao and Havven, this coins was already in 1$ only and it was stable since it was launch, this is perfect because they handling the project carefully that no one can loss the profit.

[futurefuturecoins]

To be honest - stable coins are very necessary. Those coins whose prices do not react to the increase or decrease in the price of Bitcoin will be forever marked as coins that have made a great contribution to the history of the development of crypto space.