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Author Topic: DO WE REALLY NEED MORE STABLE COINS?  (Read 17386 times)
Goodvin
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May 02, 2019, 05:52:20 PM
 #221

If we get more stable coins on the crypto market, this will not reduce volatility. In my opinion  Tether is quite enough. Only an improvement in the cryptocurrency market can change volatility.

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TobiasVR
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May 02, 2019, 06:02:20 PM
 #222

Some friends of mine always lament  that 'we  need more stable coins in the cryptosphere' and I think that is highly achievable looking at the promising prospects that has been achieved by tether. It seems some upcoming projects are also promising to introduce stable coins. Is it possible to have more stable coins on the crypto market? What would really happen if we get more stable coins on the crypto market, would the volatility reduce?
it is an advantage for us if we have a more stable coin, we can make it as a profit producer. and if I speak of volaitility, I don't think it's influential and most importantly, stable coins don't pose a big risk.
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May 02, 2019, 06:06:17 PM
 #223

Stablecoins shouldn't even exist at first. It is a hypocrisy to what crypto currency represent. If it is important for stablecoins to exist, just one is enough to serve the purpose.

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May 02, 2019, 06:15:05 PM
 #224

Where there is money there is always some tools on how to hide and launder money.
Although we all would like to see stable coins in every exchange to remove from the cryprto easy way in case of another pump. balloon. I think the main case of stable coin is to hide and launder money.

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May 02, 2019, 06:54:42 PM
 #225

Where there is money there is always some tools on how to hide and launder money.
Although we all would like to see stable coins in every exchange to remove from the cryprto easy way in case of another pump. balloon. I think the main case of stable coin is to hide and launder money.


I also do not like stablecoin because I think that is what makes the market difficult to rise because currently there are many investors who store their assets at stable prices so that market growth is stalled because there are not many buying and selling transactions.
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May 03, 2019, 09:32:38 AM
 #226

Investors keep their funds in stable coins because they doubt the prospects of the market.Many investors are taught by the bitter experience of last year,and therefore prefer to keep money in stable coins, so that at the right time,with a strong fall for example-quickly buy the same bitcoin.
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May 03, 2019, 05:01:38 PM
 #227

Investors keep their funds in stable coins because they doubt the prospects of the market.Many investors are taught by the bitter experience of last year,and therefore prefer to keep money in stable coins, so that at the right time,with a strong fall for example-quickly buy the same bitcoin.
It seems to me that those stable coins that are already on the cryptocurrency market today are quite enough.  It does not fully satisfy the requests of those users of cryptocurrency, Who wants to minimize the risks in case of market instability .
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May 03, 2019, 05:09:20 PM
 #228

It seems to me that now there are so many coins that you can choose for every taste and color.  Therefore, it is not worth making noise about stability.

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May 03, 2019, 05:57:46 PM
 #229

In today's market, it is very difficult for projects to keep the price of a coin. The coin can become stable if the project is constantly developing and improving itself. For example Binance. BNB has recently been a very stable cryptocurrency due to the fact that the organizers delight the community with updates.
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May 03, 2019, 06:13:08 PM
 #230

It seems to me that now there are so many coins that you can choose for every taste and color.  Therefore, it is not worth making noise about stability.
Totally agree with you.  Coins are enough.  Only here is too much scam.  If he had not been at all, everything would be perfect.  Because many people just lose money on bad projects and do not want to continue to continue.

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May 03, 2019, 06:34:34 PM
 #231

As for me, there are plenty of stable coins on the market, so why create them more if there is USDT, USDC, TUSD, etc. There are actually a lot of them and you can choose any one, although all of them are the same

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May 03, 2019, 07:07:27 PM
 #232

I don't think that we need more stable coin. Cause at this time we have enough stable coin in the market. And if you saw the past you will saw that there were not many stable coin in the market but after  usdt problem many stable coin came to the market. A stable coin must be backed by something and for tether or usdt there were some problem. That's why people started to find alternative. And at this moment many big companies started to offer stable coins. But now a days the count is growing so on. And it's fine to have some stable coin in the market but it's not necessary to have all the stable coins.

 
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mahibul49
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May 03, 2019, 07:30:48 PM
 #233

i dont think we need more stable coins but the more stable coins in crypto ecosystem the more crypto become safe!as you dont have to depends on only specific stable coins.so its good but already enough stable coins made .

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May 03, 2019, 07:38:01 PM
 #234

Opinions of people can change, because the most important and most important thing is that today you need to understand that cryptocurrency gives each of us a chance to make money and this opportunity is really good and successful stable projects that can fix our deposits.
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May 03, 2019, 09:47:21 PM
 #235

There are a lot of stable coins now , I think now for me the favorite is the usdc , since this token has been audited in the us and it inspires confidence

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May 03, 2019, 10:10:41 PM
 #236

stable coints are very good for mass transactions like USDT but do we still need more stable coins ... Huh
I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future

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May 03, 2019, 10:51:01 PM
 #237

stable coints are very good for mass transactions like USDT but do we still need more stable coins ... Huh
I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
stable coins are very good indeed because they will help and he is so valuable that many people need stable coins.
stable coin movements with unstable coins are also different and stable coins will increase better so the chances will be even greater.
but not everyone needs a coin stable.

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May 03, 2019, 10:56:30 PM
 #238

stable coints are very good for mass transactions like USDT but do we still need more stable coins ... Huh
I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
Of being the state of instability for all crypto coins makes a reason why we still here and get profited. Due to its price fluctuations make everyone feel better than being in a stable market. 
I really don't know and I don't believe that everyone wanting to have a stable coin, maybe everyone wants to have a stable market than of prices.

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May 04, 2019, 06:56:10 AM
 #239

Altcoins that are stable is good for day traders and for those who hold. This way of action is a part of crypto that can benefit anyone who has a stable coin.
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May 04, 2019, 07:00:46 AM
 #240

That's the important thing for those coins to become stable to attract some investors and people to invest on other coins need some stable not always in dropping and in bad condition.

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