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Author Topic: Will Stablecoins have a future?  (Read 16403 times)
jrrsparkles
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April 19, 2019, 09:22:00 AM
 #141

I would very much like to reduce the number of scam coins.  Then the investment in really working coins that bring profit will increase.  And when these coins will be up to 20 pieces then there will be growth and stability.  And now there will be nothing.
to now reduce fraudulent coins that make investment in the market reduced very difficult. we can see until now we still see new projects and scam projects continue to exist, it is annoying. but we can only do personal analysis.
If a coin has value then it is not a scam coin but may turn into as a shit coin if the project team doesn't involving on development of their project.In case of stable coins all can be considered as shit coin or scam coins since it is not like cryptos which needs to be mined but stable coins were created from nowhere whicha lso decrease the demand if the circulation increases.









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April 19, 2019, 10:00:06 AM
 #142

Stablecoins can only be used as a precautionary to reduce loss and serve as a safe haven for investors money. It is not a highly volatile coin that's why investors, in time that bear dominate the market, use the USDT market for their high risk coins.
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April 19, 2019, 10:30:51 AM
 #143

Stablecoins can only be used as a precautionary to reduce loss and serve as a safe haven for investors money. It is not a highly volatile coin that's why investors, in time that bear dominate the market, use the USDT market for their high risk coins.

Its best for trading. When we predicting bear market, better convert our asset in stablecoin. But when market start to bullish, better not hold stablecoin. I think stablecoin still have a future as long many investor make trade in market and its good for reducing risk when market bearish

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April 19, 2019, 11:50:28 AM
 #144

There are too many of them, of course. in a couple of years, some of them will disappear - and it will be good
for a pause and exit from investments in unstable cryptocurrency is a good topic

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April 19, 2019, 12:21:14 PM
 #145

Stable coins are equal to Tether as we already know tether have steady growth but one good point for stable coin is big corporate companies investing in stable coin which in turn bring billions of dollars to cryptocurrency we can expect cryptocurrency market cap increase
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April 19, 2019, 02:19:20 PM
 #146

If a coin has value then it is not a scam coin but may turn into as a shit coin if the project team doesn't involving on development of their project.In case of stable coins all can be considered as shit coin or scam coins since it is not like cryptos which needs to be mined but stable coins were created from nowhere whicha lso decrease the demand if the circulation increases.

But if the project team does not get involved in development, and lose interest after the marketing of the ICO is done, then does this not mean that it is a scam coin? Sure it is a shitcoin anyway but if you are a dev team launching a coin and then for some reason whatever reason you give up, then it means you never were truly interested in doing a coin anyway! It means you just wanted money and when it did not go your way,,, you try something else. Sounds like a scam to me.

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April 19, 2019, 02:28:41 PM
 #147

Will Stablecoins have a future? Probably yes,just look at the word itself stable,if there‘s a tokens that has stability to maintain the price the the volume and the community it was good enough to bring you a good future,it was literally and also i already experienced it.

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April 19, 2019, 02:40:38 PM
 #148

Stablecoins is good in the market as long as the project continue  to developer because we need a good coin that can survive in the near future not a coin that run for short period of time.

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April 19, 2019, 02:46:57 PM
 #149

Stablecoins have a future for sure, but they may face stiff competition from the upcoming FBCoin of Zuckerberg. Already USDT is affected by all the rumors about auditing and a lot of the users are thinking about shifting to another coin. That said, USDT got a major boost recently after it was listed on the TRON blockchain (using the TRC-20 protocol).

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April 19, 2019, 02:50:38 PM
 #150

Stable coins that are backed by USD have future until american dollar has the future. Which is pretty uncertain  Grin. If we consider that we have only stablecoins that are provably backed.

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April 19, 2019, 02:54:02 PM
 #151

Shitcoin has no future and it is foolish idea to hold or invest in shitcoins. The market is competitive and only coins with much potentiality and much to offer will survive. So go for only good and potentiality coins for better returns on your investment.
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April 19, 2019, 02:54:13 PM
 #152

Stable coins guarantee value when you exchange, needing an altcoin without depreciation in USD! A good choice is a prestigious Stable coin. There are currently lots of altcoin for you to choose from!
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April 19, 2019, 03:01:51 PM
 #153

Will Stablecoins have a future? Probably yes,just look at the word itself stable,if there‘s a tokens that has stability to maintain the price the the volume and the community it was good enough to bring you a good future,it was literally and also i already experienced it.

If the coins are stable then we do not need cryptocurrencies, there are Paypal, Skrill and so on, precisely I think prices that are volatile or decentralized are good opportunities in the future compared to stable coins.
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April 19, 2019, 04:03:21 PM
 #154

What makes a stablecoin is dependent on the particular asset that it is pegged to. I'm guessing the demand for those assets have not being high and that is the reason the price of the stablecoin falls

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April 19, 2019, 04:41:44 PM
 #155

yes every stable coins has a better future. It is not really understood that if a coins is stable it will not gain profits, maybe there is reason why this happen. You can also invest to other coins that  brings good to your profit.

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April 19, 2019, 05:02:20 PM
 #156

Stable coin are lesser prone to risk Even if they have future or not. Like tether ok they are sinking but still in crypto ecosystem they are trying to shows their utility And they are working hard for surviving. These stable coin are not representing their individual Project only but they are represting while crypto industry which try to proove that crypto has utility in financial World.

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April 19, 2019, 10:32:49 PM
 #157

Next year should show the actual way of whole crypto market development. If some huge companies will create their own coins, then it might be bad destiny for most altcoins and stable coins as well. But for now market is quite uncertain and it stands on several stable coins. So don`t stop to read news from authority sources because market is still young.
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April 19, 2019, 11:33:29 PM
 #158

Stablecoins have certainly a lot potential, and the stablecoin projects may become the next big thing in the coming years. But the fact is not all stablecoins will survive. So, we should carefully choose which ones to put our money on.
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April 20, 2019, 02:05:54 AM
 #159

It has a future when it's backed by a real dollar but it has no future when it was avoiding any audit just like tether when it has stated if the company maybe didn't have enough dollar funds to back the total USDT that already available in the market.

Completely agree with you, mate. If a Stablecoin proves to be backed by a real dollar (USD), then there should be nothing to worry about. On the other hand, Stablecoins which try to avoid being as transparent as possible, are sketchy to any serious investor out there. Tether is a good example of a Stablecoin where its claims of being backed by the USD are quite dubious.

Which is why, if you're looking into serious Stablecoins that have a bright future, I'd suggest that you look elsewhere. In today's market, hundreds of Stablecoins have emerged with the purpose of bringing the convenience of Fiat to crypto users. But only a few seem to have a greater chance of survival after all (like the Gemini Dollar, and USD Coin).

Nonetheless, Stablecoins will have a bright future only if they become widely adopted within the mainstream world. Just my opinion Smiley

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April 21, 2019, 10:40:30 AM
 #160

Stablecoins can only be used as a precautionary to reduce loss and serve as a safe haven for investors money. It is not a highly volatile coin that's why investors, in time that bear dominate the market, use the USDT market for their high risk coins.

Its best for trading. When we predicting bear market, better convert our asset in stablecoin. But when market start to bullish, better not hold stablecoin. I think stablecoin still have a future as long many investor make trade in market and its good for reducing risk when market bearish

The market is always exciting, and look outside the USDT, there are many other stablecoin. Because the demand from investors is still very high, if the market continues to grow, I think many stablecoin projects will come to us.
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