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Irvinn
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February 24, 2019, 07:11:21 AM |
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I'm not interested at this time with stablecoins, even I don't understand how to invest in it. Is there art seen in price movements? We know that cryptocurrency is synonymous with flutation, so what does that mean?
Stable coins are not intended to be invested in them. They are designed for ease of use cryptocurrency. This is only a way of temporary storage of our funds in a period when we have to urgently withdraw our funds from any of our coins or tokens, but the time has not yet come for them to invest in other types of cryptocurrencies. Stable coins allow you to avoid multi-pass ways of bringing them to fiat and back. They allow you to keep a certain amount of time in the same digital envelope that cryptocurrencies have and are not intended for profit. |
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gaciattt
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February 24, 2019, 07:26:49 AM |
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i think that true. because they just using usdt to make 2017 pump.
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manishanand
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February 24, 2019, 07:33:02 AM |
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Actually, I would never prefer for stable coins although they provide us with some liquidity what will be the use of them to us. They are centralized and are backed by some organization or government. For me, they are just a tool for trading and nothing more. Also, the main thing is when they close down who knows.
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Caladonian
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February 24, 2019, 07:36:38 AM |
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Actually, I would never prefer for stable coins although they provide us with some liquidity what will be the use of them to us. They are centralized and are backed by some organization or government. For me, they are just a tool for trading and nothing more. Also, the main thing is when they close down who knows.
That's the advantage that can be taken from stable coins, make a use of it when playing inside the market, trade the pairs and grab your earnings but in terms of dealing with long term positions, I also agree that they ain't design for that, more on a passage getway and in any means. Invest with progressing tokens as there's a lots of potentials to come your way. |
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SistaFista
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Hexhash.xyz
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February 24, 2019, 02:40:16 PM |
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A new report by cryptocurrency and blockchain advisor, George Samman, titled ‘The State of Stablecoins 2019,’ details the history of money and makes an argument for why stablecoins represent the natural evolution of where money will head next. Here is the link to the article: https://bravenewcoin.com/insights/new-report-says-stablecoins-may-become-the-new-moneyAre any of you invested in the projects mentioned in the article? I am pretty interested in Maker and Ampleforth tbh Stablecoins actually are not the new money. It is money, but in the form of cryptocurrency. The stable cryptocurrencies are backed by money, so it is not a new money. I think it is not easy to create a stable coin without something backed on it. |
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minttop
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February 24, 2019, 02:49:57 PM |
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Stable coins are the new money, because even JP morgan has created own stable coin and to my mind it is something what proves demand of stable coins
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CryptoAlphaStar
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February 24, 2019, 04:27:08 PM |
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Stable coins will definitely be the new money, but they are not that utilized yet. However, I think they will be much more widely used than Bitcoin.
The problem is, if the fiat monetary system fails, the stablecoins fail, too.
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aji567
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February 24, 2019, 05:35:20 PM |
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For me stablecoin is an old coin that is still expensive until now. like bitcoin, ethereum and other coins. I think bitcoin is the most stable coin because the price is still expensive today.
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playboy654
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February 24, 2019, 05:36:23 PM |
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Stable coins are not a good start for normal money because we have a lots of problems with that to accept that stable coins are like a normal currency but the future will be the answer for this question to make it possible.
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crwth
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Try Gunbot for a month go to -> https://gunbot.ph
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February 24, 2019, 05:41:05 PM |
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I just managed to check the article, and I don't agree to some part of it. Like The main reason why bitcoin (BTC) has only reached mass adoption as an investment asset but not as a currency is that it is prone to extreme volatility I don't get it much, but Bitcoin is already a currency. It's the currency being traded by another cryptocurrency. Isn't that the purpose of Bitcoin now? Being the main one and would probably stand. It's going to be hard for it to be stable, maybe because of, it's nature. That's the beauty of BTC. It's volatile and possible to profit every time. I just think that it's no point in creating any more. |
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Perfect35
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February 24, 2019, 11:57:04 PM |
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Some coins claim to be stable, whereas they are not.
Some so called stable coins are just here to take investors money and at the end, you may not get the value for your money.
I see no reason to invest in a coin that claims to be stable, yet very volatile.
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mv1986
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February 25, 2019, 12:27:57 PM |
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Some coins claim to be stable, whereas they are not.
Some so called stable coins are just here to take investors money and at the end, you may not get the value for your money.
I see no reason to invest in a coin that claims to be stable, yet very volatile.
If you use stable coins you should use established schemes with reliable audits and registered businesses behind them or otherwise there is definitely a good chance that the stable coin is just going to disappear. |
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ewewew888222
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February 25, 2019, 01:11:25 PM |
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The current stable coin is not suitable for settlement.
I expect it to be a stable coin in the DAG currency with high throughput and speed
And in order to be accepted as money, it is necessary to increase the number of stores that are paired at many exchanges or that can be settled.
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watergold
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February 25, 2019, 02:33:35 PM |
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nowadays there is a lot of stable coin popping up and I am not sure if Stablecoin is new money. Stablecoin is only effective for saving and exchanging on exchange
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altscaner
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February 25, 2019, 02:44:07 PM |
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stablecoin in my opinion is only an alternative currency because it is now almost like the other digtial currencies, because people are competing to make stablecoin but this also has to be wary of so there can be a new coin that ends with a scam
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qomariah95
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February 25, 2019, 03:59:06 PM |
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I don't understand what Stablecoin is forcing, I know a crypto is a stable price. Am I wrong ? Please correct. Because there are many projects that say their coins will be stable in the future. Can it be with GAS, I forget the name of the GAS. There is also gold. I really don't know exactly what Stablecoin meant.
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craigpo
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February 25, 2019, 06:02:31 PM |
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Honestly I would say they are in the spotlight right now especially those that are fiat backed but I don't think they are the 'new money'. I think we need to reframe how we view, use and save money all together. In that case I would say Ampleforth has my vote.
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tadpole_bitfrog
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February 25, 2019, 06:14:58 PM |
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A new report by cryptocurrency and blockchain advisor, George Samman, titled ‘The State of Stablecoins 2019,’ details the history of money and makes an argument for why stablecoins represent the natural evolution of where money will head next. Here is the link to the article: https://bravenewcoin.com/insights/new-report-says-stablecoins-may-become-the-new-moneyAre any of you invested in the projects mentioned in the article? I am pretty interested in Maker and Ampleforth tbh It will be real money if the business owner is really a reputable person and trusted by many people. or certified by law and SEC. Currently the issue of accusing the stablecoins is unresolved scams. Please wait a while longer, the law will resolve this matter quickly and we will know where are the scam altcoins. |
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cudora
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Cryptoknowmics - World's First Decentralized Media
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February 25, 2019, 06:20:42 PM |
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It depends on what you are aiming for. In my opinion there are some coins on the market that should be used instead of fiat money. Such currencies as NEO, ETH or LTC can fully replace money in the nearest future.
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teilwalL05
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February 25, 2019, 06:27:04 PM |
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I don't understand what Stablecoin is forcing, I know a crypto is a stable price. Am I wrong ? Please correct. Because there are many projects that say their coins will be stable in the future. Can it be with GAS, I forget the name of the GAS. There is also gold. I really don't know exactly what Stablecoin meant.
Stablecoins is not cryptocurrency while they possess a digital appearance they still get back up by fiat currencies and can be compromised by government actions that is why if the bitcoin and all other cryptocurrencies in the market are in the red zone these Stablecoins is in green zone always, They are not connected to bitcoin but naturally connected with fiat currency, While Bitcoin is subdued to extreme volatility these coins are not but even though they are stable in price, they can be sometimes susceptible to market fluctuations and could lose their price stability in times of extreme market volatility. |
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