The rise and fall of stablecoins

[Crypto_lion]

There was a big analysis in how tether managed to manipulate the market  on the bull run of Bitcoin. Maybe they did but it seems they are fully backed by physical assests. Stable coins are really important for growth of crypto

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[ivanleon]

The emergence of stable coins tied to Fiat inflationary currencies is caused by the bearish market, as then the problems of traditional cryptocurrencies with the market rate became obvious. Investors and traders will have much more opportunities to preserve their investments. I think these coins will be the first candidates for use as money.

[Muhammad Muneeb]

There was a big analysis in how tether managed to manipulate the market  on the bull run of Bitcoin. Maybe they did but it seems they are fully backed by physical assests. Stable coins are really important for growth of crypto

stable coins are important for crypto as much as water is crusial for the life on earth. without stable coins it is impossible to hedge the risk of price decrease in the crypto market

[Metall303]

The emergence of stable coins tied to Fiat inflationary currencies is caused by the bearish market, as then the problems of traditional cryptocurrencies with the market rate became obvious. Investors and traders will have much more opportunities to preserve their investments. I think these coins will be the first candidates for use as money.

it is quite possible that they will be used only as for everyday use. It is unlikely that it can be as a whole currency. It won't have bitcoins functions. Maybe Stablecoins is a temporary solution until Bitcoin will stabilize.

[Ccexicocartel]

The emergence of stable coins tied to Fiat inflationary currencies is caused by the bearish market, as then the problems of traditional cryptocurrencies with the market rate became obvious. Investors and traders will have much more opportunities to preserve their investments. I think these coins will be the first candidates for use as money.

it is quite possible that they will be used only as for everyday use. It is unlikely that it can be as a whole currency. It won't have bitcoins functions. Maybe Stablecoins is a temporary solution until Bitcoin will stabilize.

But will bitcoin ever stabilize since it has a limited supply?

I just posted about ampleforth as a good solution to the stablecoin dilemma. I like their model and how they approach it. We all need stablecoins for trading and remittance. There's no denying that

[Handalger]

Well, in the market I seriously don't understand that when a lot is stablecoins , I have enough 2-3 alternative coins and I think will continue Supersaturated the market for these coins )

[missyqt29]

In this bear market, stablecoins have been on fire. With the recent news of basis going down, what does everyone think of stablecoins? Curious as to what you guys think about Ampleforth (aka Fragments aka Basis's competitor) and their model too.

I'm pretty bullish on stablecoins in general 

I think stable coins are USDT, trueUSD etc, where its market value is not much affected by the market decline. And, I cannot see some rise and fall of these stable coin at the moment. Still remaining to 1 dollar at its value.

[emezh10]

It's hard for me to understand why there are so many stablecoins in the market. Especially now, when the scam threat of usdt has passed. On the other hand, healthy competition always benefits the market, the main thing is that they do not turn out to be scammers, because this could collapse the market.

One should always remember that Market is very Volatile, it is unpredictable, yes, price value goes up and down as we experienced on the recent market crypto status as posted. But market correction always follows after the drops..

[malcovi2]

There was a big analysis in how tether managed to manipulate the market  on the bull run of Bitcoin. Maybe they did but it seems they are fully backed by physical assests. Stable coins are really important for growth of crypto

stable coins are important for crypto as much as water is crusial for the life on earth. without stable coins it is impossible to hedge the risk of price decrease in the crypto market

lol, we dont need that shit, you have other alternatives like usdt/truebtc/tether.

[ccryptopark]

There was a big analysis in how tether managed to manipulate the market  on the bull run of Bitcoin. Maybe they did but it seems they are fully backed by physical assests. Stable coins are really important for growth of crypto

stable coins are important for crypto as much as water is crusial for the life on earth. without stable coins it is impossible to hedge the risk of price decrease in the crypto market

lol, we dont need that shit, you have other alternatives like usdt/truebtc/tether.

Not the biggest fan of fiat coins like tether since they're basically anti-crypto. Heard about ampleforth a year ago (when they were fragments) and they provide a unique solution to providing stability. Even backed by pantera and their team is from google and uber

[rjefferson]

I find it funny when people look at tether as the ultimate stablecoin when it's really just a bank lol.

I think as times go on there will be a bunch of stablecoins flooding the marketing, but the ones with true practicality will live on. Pretty bullish on ampleforth

[powerman24]

Do not trust too much in centralized stable coins as we could never know 100% if they are fully backed with Fiat. I like decentralized stable coins like DAI which has an interesting incentivizing mechanism  without being backed by Fiat. By the way, Coinbase listed DAI two days ago.

[Argoo]

Do not trust too much in centralized stable coins as we could never know 100% if they are fully backed with Fiat. I like decentralized stable coins like DAI which has an interesting incentivizing mechanism  without being backed by Fiat. By the way, Coinbase listed DAI two days ago.

I like stable coins. This is not exactly a cryptocurrency, since they cannot bring us profit. However, they create ease of use of cryptocurrency. Stable coins actually in some cases become a buffer between cryptocurrency and fiat, and in others - a good settling tank when it is urgent to withdraw funds from one cryptocurrency, but it is not yet time to invest these funds in other coins, and withdrawing funds to fiat is not practical.

[lihongjing]

The ups and downs of stable currencies are often related to changes in the market. The rapid depreciation or appreciation of the cryptocurrency market will change the price of stable currencies, especially when the cryptocurrency market suddenly falls, the effect of stabilizing the currency is the biggest, but it will only be short-lived. The market will recover quickly.

[talkbitcoin]

I'm pretty bullish on stablecoins in general 

Bullish on stable coins?

It's price remains $1 or if it fluctuates its around $0.99. Are you serious or trolling?

i have seen many others who made similar remarks about stablecoins. and i still don't get what they mean by it!
at first i though it is some sort of investment in their business like fundraising to publish the stable coin but i found out that is not the case and i still can't think of any other reason why people would say that.
i even saw someone who said he was "investing in them to make profit"!!!!

[joeperry]

Wait- what? What stable coins? I haven't heard any stable coins in the market since all of them are volatile where in after a few days they're on fire raging up its price and look today the price is rolling like a stone downwards the only stablecoins I know are the shitcoins which prices stays at 0.00000001BTC

[zeingrind777]

For me, the stablecoin does not give a large profit, but investing in stable coin has a very little risk of loss. this type of crypto is not suitable for trading. they only deserve to be used as tip payments.

[organelles]

Let's be honest, it is not that the altcoins are really dying out they are the way they are right now because the entire market is in a bear market. Give it some time and let the market go into another bull and you are going to see just how well the coins are going to do once they start to hit those new all time highs, it is just a matter of time

[Levyathan]

For your information, there is no kind of coin which is stable as fiat. Even if there is a token who represent a fiat like USDT, it can move to $1.1 or $0.9, not always $1.

[andreizver]

Stable coins was a great idea at the start and some of them like USDT or USDC has already a good volume and owners receive nor bad dividents for that. But looks like today born to lot of new stablecoin. Some people say's that we dont need such kind of coins.