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Question: What Stable coins you like and use?
Tether USDT - 36 (57.1%)
DAI - 1 (1.6%)
Havven - 2 (3.2%)
TrueUSD - 2 (3.2%)
Gemini Dollar GUSD - 1 (1.6%)
GOLD token - 1 (1.6%)
I will use Libra (in future) - 3 (4.8%)
Other - 8 (12.7%)
None - 9 (14.3%)
USDC - 0 (0%)
Total Voters: 63

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Author Topic: 💲💲 Stable Coins?? 💲💲  (Read 1722 times)
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July 18, 2019, 06:37:34 PM
Last edit: July 19, 2019, 10:17:10 PM by dkbit98
Merited by tk808 (5), LoyceV (1), CryptopreneurBrainboss (1)
 #1

What Stable coins you like and use?

Please write your experiences, advantages and reasons you use or don't use them.







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July 19, 2019, 06:11:10 AM
Merited by LoyceV (1)
 #2

What Stable coins you like and use?

I don't like and I don't use stable coins. At least not directly.
While normal cryptocurrencies are about not trusting anyone, with stable coins you have to trust the issuer, which, especially in case of Tether is problematic: no proper audits, a lot of bad news over time, quite a lot of fluctuations in the price.

Yes, stable coins have their use, from arbitrage to various services. That's why I said I didn't use stable coins directly: I may have been using services that use stable coins.
From what I see stable coins may be used by some companies for interfacing crypto payments with fiat world.

Unfortunately they can be also used for bad things, especially if they are not backed by the amount of "hard money" they should. And, sorry, but until this issue is 100% fixed, stable coins are generally more bad than good for the ecosystem.

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July 19, 2019, 06:35:57 AM
 #3

Not a fan of stable coins and never used any of them from the very start of my journey in cryptocurrencies. I've known the usage of it but never done it until now, I guess if time and situation permits I'll try to use it and what it feels like to own a stable coin. The price isn't moving and you are like actually holding a dollar on your hand. If technically I became an expert in trading few years from now, I guess that I'll use it on my daily trades to save my profit.



 

 

 

 

 

 


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July 19, 2019, 06:48:51 AM
 #4

I prefer USDC over other stable coins like tether,I don't like how tether is spread across other blockchain s like tron and btc but I'm looking forward to USDQ from platinum fund i think it will beat others
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July 19, 2019, 06:49:40 AM
 #5

Tether because it's the most popular stable coin in the market but I'm not using it regularly because just like other people, I'm not a fan of stable coin.
I like to be old school, when I feel BTC is falling, I like to transfer my money in altcoins but this time not trading more often anymore.

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July 19, 2019, 07:17:04 AM
 #6

For me tether rocks,they have few issues with wallet compatibility in the past but its been fixed now and almost all available exchanges supports tether too so its good for a full time trader like me

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July 19, 2019, 07:20:57 AM
 #7

I usually use USDT tether because it has been trusted by many people. and it is very safe to save long-term to protect our assets from fluctuations.

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July 19, 2019, 09:36:04 AM
 #8

I have been using USDT since I joined the market. It's not that I don't like the remaining stablecoin, just the altcoin I trade has a better volume at / USDT
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July 19, 2019, 09:48:49 AM
 #9

I prefer to use TrueUSD and Tether although I don't use it to sending the coins, and I only use it for temporary and saving the funds in the exchange. If I save both coins TrueUSD and Tether, I always convert it back to bitcoin when bitcoin price is down so I can get more bitcoin and I can hold it for a while until the bitcoin price increases.

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July 19, 2019, 10:02:28 AM
 #10

coin stable has its own uniqueness, which can be a long-term investment in the form of crypto. I see Tusd has very high stability with USD, I think now we can switch to saving money in the bank in the form of Crypto.

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July 19, 2019, 10:13:54 AM
 #11

What Stable coins you like and use?

Please write your experiences, advantages and reasons you use or don't use them.







I chose to use USDT because it was created 5 years ago. In terms of technology, it has been extended to ERC20 platform. Transaction fees are low, transaction speed is fast and that's what I need in this currency.
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July 19, 2019, 10:17:37 AM
 #12

I think cryptocurrency not can stablecoin, because it's always vulnerable, some of major coins used by many ways as a payment gateway or buy/sell other cryptocurrencies! but bitcoin ethereum is most powerful and demanded coin in market for their popularity publicity and contacts.
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July 19, 2019, 11:17:35 AM
 #13

I use Tether because it is the popular stable in the crypto market and every exchange has USDT trading pairs. Another thing is most coins have USDT trading pairs in the exchange. It will be helped to trading coins.
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July 19, 2019, 11:20:15 AM
 #14

I have only traded in usdt but due to some transparency issues now im thinking to use usdc more because it is backed by reputed firms like coinbase etc. While Libra can become first choice but we will have to wait and see how they launch and what will be the level of compliance.

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July 19, 2019, 12:48:01 PM
 #15

I would never use stable coin because those are backed by centralized parties. Those projects may have a huge deflation within a day if something wrong goes on. I don't like any of the stable coin you listed above.

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July 19, 2019, 01:01:50 PM
 #16

I use tether, maybe because it is the first stable coin I heard of. I'll try using others too, stable coin have been a life saver for me during downtrend

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July 19, 2019, 02:15:23 PM
 #17

for now I use usdc more often because the problem of fees that are quite affordable for tether can also be that I only use tether if I make a large amount of transactions because the transfer fee can be said to be quite expensive
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July 19, 2019, 02:20:46 PM
 #18

I am currently using USDT, although this currency is in constant trouble but it is currently used by many trading platforms and has the largest trading volume.
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July 19, 2019, 02:24:18 PM
 #19

As you can see, crypto backed stable assets are not pretty stable or trustworthy in time of bear market because you need more and more cryptocurrencies, but they will be again very popular in bull market and I would not be surprised if they surpasse fiat backed stable assets.  Cool

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July 19, 2019, 04:25:56 PM
 #20

I honestly use USDT but unwillingly. I need to cash out time to time and I do not want to put them all into cash in my bank account, I want them to be cash but also stay on the exchange as well and that can only happen with USDT for now, there are some other ones but the biggest volume is on the USDT so if I use that it makes my life easier.

Even though I hate them and even though I want them to fail and everyone to show how crooked those tether dudes are, I also really need them. I hope one day something a lot more legit is created and used everywhere, there are plenty of stable coins out there but none of them have the volume of USDT and that seems to be the issue for me, I wish other stuff like USDC would get more attention and volume so we can all switch to that instead.

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July 19, 2019, 10:08:36 PM
 #21

Thank you guys for your feedback!

What do you think about facebook's Libra coin?

We know it is 100% centralised and backed with all the big players.


I am posting part of CoinGecko report.
Full link here:
https://assets.coingecko.com/reports/2019-Q2-Report/CoinGecko-2019-Q2-Report.pdf








Dont forget to VOTE

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July 19, 2019, 10:27:19 PM
 #22

I am not holding any stable coins right now. But when I have a plan to hold one of the stable coins, I prefer to choose Tether or True USD. I am quite familiar with those stable coins even if I am not holding them. They are the most famous stable coins and listed on my local exchange, indodax.

~snip~ What do you think about facebook's Libra coin? ~snip~

You are better to post it on a new thread, mate. Because it is a new topic and no correlation with the title.

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July 19, 2019, 11:52:17 PM
 #23

Facebook currency name is Libra we know it, as hearsay Libra is stable coin. I will swap from Tether USD to Libra coin now I'm in Tether USD.
Now? are joking? libra has already expected to be released in the third quarter of next year and you will always stay with your tether, im not using tether due to the manipulation that created by the team.
It looks like OP is still missing some reliable stable coin like USDC and USDQ.

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July 20, 2019, 04:53:37 AM
 #24

Theoretically DAI looks great but is not widely accepted. TUSD is my choice for exchanges and storing as Tether is having larger fluctuations.
And for the conversion, I send them to NEO, they just let in any stable and let withdraw any stable.



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July 20, 2019, 05:17:12 AM
 #25

I use tether, maybe because it is the first stable coin I heard of. I'll try using others too, stable coin have been a life saver for me during downtrend
I guess it is better to stick with one stablecoin. I mean, there's no obvious advantages of using various stablecoin will all of them have basically the same functionality which is to save the value of your assets. Even if Libra is released that won't change the crypto market much from my opinion, moreover USDT is already being used in many of popular exchanges.

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July 20, 2019, 05:25:43 AM
 #26

Thank you guys for your feedback!

What do you think about facebook's Libra coin?

We know it is 100% centralised and backed with all the big players.


I am posting part of CoinGecko report.
Full link here:
https://assets.coingecko.com/reports/2019-Q2-Report/CoinGecko-2019-Q2-Report.pdf


Dont forget to VOTE


Libra could be a good stable coin in future but isn't Libra in quite a bit of a trouble right now from the US congressman? I heard from my buddies at the US that they are hammering down hard on Libra.




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July 20, 2019, 05:38:21 AM
 #27

I am not a true fun of stable coins, I only use them when the market is seriously crashing and I want to save my profit and cut down loss. Once the market has recovered, I turn back to my normal fluctuating coins. If I wanted to keep my funds in stable coins then I would converted to fiat rather

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July 20, 2019, 06:42:56 PM
 #28

I see now stable coins and tokens being released, that are pegged to GOLD, and other precious metals like silver.
I am not sure that is a good idea.
My opinion is that IF we need to have Stable coin, than that coin MUST be decentralized,
and should be used only as a temporary solution.

Anyway here is one view of stable coins, written by Binance Exchange:
https://www.binance.vision/glossary/stablecoin
https://medium.com/binanceexchange/binances-new-stablecoin-moves-33c10be7cd2f

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July 20, 2019, 06:54:48 PM
 #29

Libra could be a good stable coin in future but isn't Libra in quite a bit of a trouble right now from the US congressman? I heard from my buddies at the US that they are hammering down hard on Libra.

I have listened complete congress hearing,
and I can tell you that there are few senators who supports Bitcoin and crypto in general,
but they are skeptical in regards to Libra, because of previous Facebook privacy issues.

Most of congressman/woman have no idea what crypto is, and they are scared of change,
BUT they also realise if USA dont start first, then other parts of world will (read Russia, China...)

If we know financial force behind Libra, including Paypal, Amazon, Coinbase, Uber, Visa, Mastercard...
I doubt Libra will have big issues, especially when we know that they are register in Europe, Switzerland.

NOW... I don't like or support Libra, BUT maybe Libra will bring huge number of people in real crypto space.

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July 20, 2019, 07:42:41 PM
 #30

I prefer Tether obviously because it is the most used and go to stable coin with massive volume. Also, it happens to be available and tradable on most of the exchanges unlike other stable coins. Tether gave room for stable coin adoption and continue to be the preferred choice amongst traders making it more recognised. This notion will continue for a long time to come.
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July 21, 2019, 02:49:02 PM
 #31

Usdt tether has been the most used stable coin of all times.. TrueUSD is just coming up with other stable coins. Traders will always go for the one with wider use and acceptance

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July 21, 2019, 02:55:21 PM
 #32

I hope that in the future we will have more similiar coins like DAI and centralized coins backed by dollars will not exist.
Still Tether is the most discussed stablecoin. So whom to trust? I would rather avoid having this coin.  Smiley

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July 21, 2019, 03:06:18 PM
 #33

Never like and use StableCoin, except for some cases such as wanting to sell tokens but no other pair other than Tether (USDT) or StableCoin.
but again, I never intentionally or "sincerely" used StableCoin  Wink

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July 21, 2019, 03:19:43 PM
 #34

I do not understand who is still buying Tether when we have a lot of better alternatives. Centralized or decentralized. Backed by gold, diamonds or money like USD or Euro.
But backed by these assets and not by promise like Tether.
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July 21, 2019, 08:03:37 PM
 #35

I use a stable Tether USDT coin in exchange for Digifinex. But only for simple and frequent exchanges. I have a strategy and last a long time, when using USDT. When I'm not trading, or on vacation for a long time all my assets are exchanged with USDT. To stay stable when I return to trading.
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July 21, 2019, 08:35:05 PM
 #36

I don't use stablecoins at all and I don't really see a purpose in them. Maybe for people who cannot use fiat currencies or want to trade on platforms with no fiat trading find stablecoins useful. I never needed them and as long as there's a way to do fiat trades I won't need them. I also don't trust USDt after they admitted to not having full backing.
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July 21, 2019, 08:59:31 PM
 #37

I use stable coin and I have traded and still trade them.to me I find it very useful in my own opinion. In the high volatile cryptocurrency Market, stablecoin are very essential to keep traders from losing money.  But when people say they don't use it, try to understand what they do while trading not to loose money

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July 21, 2019, 09:09:57 PM
 #38

I used to like stable coins when I was actively trading but this time around, I have stopped trading so I have my coins in Btc and other few alts that are not stable. To me,  there is no need for holding in stable coins for a long time because we are in crypto hoping for the best. When you hold in a stable coin, you won't get any profit when the market is rising. I think stable coins are good for traders.
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July 23, 2019, 12:24:14 AM
Last edit: July 27, 2019, 10:08:44 AM by dkbit98
 #39

Looks like Tether is leading in number of votes.
You can VOTE also, and share your opinion.


We are expecting NY hearing herding Tether...so expect some big changes:

Quote
Justice Cohen scheduled a hearing on our motion to dismiss for July 29, 2019.

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July 23, 2019, 12:46:26 AM
 #40

I'm experimenting with a new concept: stable coin through inflation. Existing stable coins are created using centralized authorities. I think we can make a digital native stable coin through inflation. There's a lot of questions about how to design such a coin.

My experiment is with 7% inflation. More details here:

https://bitflate.github.io/post/2019/04/14/bitflate-cryptocurrency-with-constant-inflation.html

I'd love to hear others' thoughts on this.
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July 23, 2019, 01:51:27 AM
 #41

I prefer USDC, because the audit is clear and transparent, besides that the project data works well,
but I also sometimes use theter or DAI, both of which have good quality.
everyone has a foreign reason, and every reason is the best.
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July 23, 2019, 02:12:18 AM
 #42

I only used stable coin (USDT) once when I sent my money from binance to an exchange and after that never use it again. Actually I choose strategy investing in cryptocurrency is for long term investment, I only sold when my asset when the price that I have set was achieved. So, I never choose stable for invesement purpose because as you may know it's never made me got a profit.

I guess the purpose of some start up who intend to make a stable coin only for payment system or maybe for trading pair because the price movement is not volatile as cryptocurrency. And until now I never used cryptocurrencies as payment system because the factor of regulation in my country. I think there are a few investor who choose stable coin to store their money and they only intended to choose it for saving only not for an investment.
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July 23, 2019, 02:37:30 AM
 #43

stable coins are the choice because their existence will be worth the paper currency, but the price will still follow the increase and decrease of the dollar price if the stable coin is intended to pair with the dollar.
Libra coins are coins that will be a great competitor in the future for other stable coins because up to now Libra coins have not provided definitive information, which is certain that Libra coins will interfere with conventional currencies.

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July 23, 2019, 02:43:30 AM
 #44

My experience with stable coins is with Tether alone. Way back then, there was only USDT that was very popular. The rest in your list are rather new. I have not used any other stable coin aside from USDT. Well, I do not use it that much even. There are only some instances when I prefer to have my holdings in a very stable condition as preferred to have them in Bitcoin or altcoins. Most often, I do this during very hard market seasons.
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July 24, 2019, 05:30:31 AM
 #45

for now I use usdc more often because the problem of fees that are quite affordable for tether can also be that I only use tether if I make a large amount of transactions because the transfer fee can be said to be quite expensive

I am not an active user of stable coins, although I can agree that they are needed for many people. For instance, they are needed for residents of the countries with the awful economic situation. People simply can exchange their national currencies in these tokens.

Stable cryptocurrency is an extremely convenient, but not yet fully mastered thing. Stablecoins are able to regulate the state of not only their own course but also the situation on the market as a whole.
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July 24, 2019, 11:24:57 PM
Last edit: July 24, 2019, 11:38:25 PM by dkbit98
 #46

I was reading a bit more news recently Smiley

Two good things should came out from that:
1. I should get some ETH for that
2. I am following very closely situation with Facebook Libra and Tether

Latest realated news:
Facebook Agrees to Pay $5 Billion and Implement Robust New Protections of User Information in Settlement of Data-Privacy Claims
https://www.justice.gov/opa/pr/facebook-agrees-pay-5-billion-and-implement-robust-new-protections-user-information

We also have NY Tether hearing on July 29, 2019,
and one more hearing for regulating cryptocurrency space on July 30 2019
https://www.banking.senate.gov/hearings/examining-regulatory-frameworks-for-digital-currencies-and-blockchain

How will this news reflect with future of Libra?
What do you think?


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July 25, 2019, 06:19:42 AM
 #47

i prefer myself for using usdt as stabecoin.
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July 25, 2019, 11:32:47 AM
 #48

Facebook Libra Backers Are Not Official Partners Yet, Says Visa CEO
https://www.coindesk.com/facebook-libra-backers-are-not-official-partners-yet-says-visa-ceo

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July 25, 2019, 11:41:14 AM
 #49

I cannot understand this hype around stable coins, in my opinion they are useless. Almost all of those coins are centralised and not stable at all. Some of them are just crashing in price and you are losing a whole bunch of money.

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July 25, 2019, 11:55:45 AM
 #50

I don't think a stable coin is profitable than other coins and I never invest in stable coin but I invest in IEO's. Like Moozicore is the best to invest your money for a long time investment.(https://tokensale.moozicore.com/)
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July 25, 2019, 12:28:55 PM
 #51

I don't think a stable coin is profitable than other coins and I never invest in stable coin but I invest in IEO's. Like Moozicore is the best to invest your money for a long time investment.(https://tokensale.moozicore.com/)

The major idea behind stablecoins is to protect holders from price fluctuations. This makes it easy for users to remain within the cryptomarkets even when they are not actively invested in cryptocurrencies that are subject to wild price fluctuations(non-stablecoins) instead of going back to holding fiat which completely moves the money from the cryptospace.

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July 25, 2019, 01:09:34 PM
 #52

Tether USDT is my favourite. Though, others are also cool. It depends on the  coin your mentor or trainer used when educating the about cryptocurrency. Tether runs in my blood right  now.
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July 25, 2019, 01:27:41 PM
 #53

Well USDT is the most stable coin i know on this market and very useful IMO. because i always use it when it comes doing trading which is in order to protect my money despite of the fluctuation ..and it's very reliable and im thankful that behind of this so volatile market there's a srable like usdt that can help us to minimize losses. 
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July 25, 2019, 02:28:03 PM
 #54

Well USDT is the most stable coin i know on this market and very useful IMO. because i always use it when it comes doing trading which is in order to protect my money despite of the fluctuation ..and it's very reliable and im thankful that behind of this so volatile market there's a srable like usdt that can help us to minimize losses. 
USDT has a longest history is a stable coin. There are other stable coins born later, so by now USDT is the best one if you are looking for stable coin. Despite of some drama about reliability of USDT that popped up from time to time, we have still not had better stable coin than USDT, so far.
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July 25, 2019, 02:36:00 PM
 #55

Tether USD has been the most popular and most used stable coin in cryptocurrency exchanges and that's the stablecoin I use in many exchange transactions but tether after the last mistake minting 5b usdt, and other accusations I think makes it have some security issues

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July 26, 2019, 08:18:07 AM
 #56

I never thought that I was going to use stable coin before until I got the reason to do so, but the first stable coin I thought of when I started using stable coin was tether and it has been useful for me till I started hearing some rumors of them over printing money and having court case with the government, so I pulled my coin out back to BTC, but recently when there was need for me to make use of stable coins, I went straight for usdc and that is what I am still using till date.

I am not totally relying on that stable coin too though because I see most stable coins as future scam that will be very disastrous in future, but when it comes to future, I think that I will shift to Facebook coin too, this is absolutely going to be more reliable than every other stable coins.

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July 26, 2019, 08:50:05 AM
 #57

I used to like stable coins when I was actively trading but this time around, I have stopped trading so I have my coins in Btc and other few alts that are not stable. To me,  there is no need for holding in stable coins for a long time because we are in crypto hoping for the best. When you hold in a stable coin, you won't get any profit when the market is rising. I think stable coins are good for traders.

Well indeed, trading with the top coins is quite good with stable coins like USDT. I have seen several coin lists with USDT pairs in several exchanges such as binance. But for crypto trading under the top 10, these coins are usually paired with BTC.

I personally disagree if I have to choose one of the stable coins that the OP mentioned, because there are many bad issues about stable coins and in my opinion, stable coins are less attractive to me. It's just because I trade I use it on several pairs of coins.

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July 26, 2019, 10:12:33 AM
 #58

usdq new stable coin in market.
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July 26, 2019, 10:41:25 AM
 #59

usdq new stable coin in market.
USDQ is probably the worst stable coin what I have ever seen. They should be backed by their own token LHT. But LHT token is useless and nobody wants it. So 1USDQ is no 1USD no, but only few cents.  Roll Eyes


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July 26, 2019, 07:42:17 PM
 #60

What Stable coins you like and use?

I don't like and I don't use stable coins. At least not directly.
While normal cryptocurrencies are about not trusting anyone, with stable coins you have to trust the issuer, which, especially in case of Tether is problematic: no proper audits, a lot of bad news over time, quite a lot of fluctuations in the price.

Yes, stable coins have their use, from arbitrage to various services. That's why I said I didn't use stable coins directly: I may have been using services that use stable coins.
From what I see stable coins may be used by some companies for interfacing crypto payments with fiat world.

Unfortunately they can be also used for bad things, especially if they are not backed by the amount of "hard money" they should. And, sorry, but until this issue is 100% fixed, stable coins are generally more bad than good for the ecosystem.


Decentralized stablecoins will fix most of the stablecoin problems you mentioned.

I honestly do not like centralized stablecoin too. My biggest fear about them is that they can be used to attack market. With their poor transparency, manipulators could print lots of stablecoin to manipulate the crypto market.
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July 26, 2019, 08:38:13 PM
 #61

Decentralized stablecoins will fix most of the stablecoin problems you mentioned.

I honestly do not like centralized stablecoin too. My biggest fear about them is that they can be used to attack market. With their poor transparency, manipulators could print lots of stablecoin to manipulate the crypto market.

The biggest problem of decentralized coins is they lack founding. Centralized shitcoins ilke Libra will have all the money put into PR and will have their own database of clients from the moment they launch. Decentralized coins have to fight for every customer and investor.

We will need a disaster to strike centralized coins for people to wake up and choose decentralization.
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July 27, 2019, 10:09:46 AM
 #62

Decentralized stablecoins will fix most of the stablecoin problems you mentioned.

I honestly do not like centralized stablecoin too. My biggest fear about them is that they can be used to attack market. With their poor transparency, manipulators could print lots of stablecoin to manipulate the crypto market.

The biggest problem of decentralized coins is they lack founding. Centralized shitcoins ilke Libra will have all the money put into PR and will have their own database of clients from the moment they launch. Decentralized coins have to fight for every customer and investor.

We will need a disaster to strike centralized coins for people to wake up and choose decentralization.

Spot on.
I agree with you

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July 27, 2019, 07:15:35 PM
 #63

Tether would have actually been the most reliable stable coin, but there has been lots of controversies surrounding it , and this as reduced the confidence that people already have in it because of bitfiniex   being accused of over printing money that they do not have in store.

People still use tether more though, but I think most of its users are sitting on a time bomb, so if you have to use tether, just make sure that you don’t tie your fund down or put too much of fund, another stable coin that is still reliable is USDC too, but I am still quite skeptical about them until Libra stable coin is released into the market, if Facebook coin is released eventually, many of these tether coin may  really become less used, irrelevance and unable to compete with Libra.
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July 28, 2019, 12:59:03 PM
 #64

USDQ is probably the worst stable coin what I have ever seen. They should be backed by their own token LHT. But LHT token is useless and nobody wants it. So 1USDQ is no 1USD no, but only few cents.  Roll Eyes
Stable coins should be back by real asset, USD, AUS, CAD, gold, silver, whatever have true values in real life and have been accepted globally for a long period of time in human civilization. Stable coin is back by a token, nope, I don't think it is a good stable, sounds like a fake, scam one. If a stable is back by a token, it is worse than a stable coin is back by bitcoin. Because bitcoin will not die, but tokens will do die over time.
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July 28, 2019, 01:03:11 PM
 #65

I am also not a fan of stable coins. I sometimes wonder why stable coins are created. Are they for trading? Their price remain stable and there is not any profit from trading. But I think they serve as a platform to exchange and store USD. I like tether stable coin.

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July 28, 2019, 01:08:51 PM
 #66

I am also not a fan of stable coins. I sometimes wonder why stable coins are created. Are they for trading? Their price remain stable and there is not any profit from trading. But I think they serve as a platform to exchange and store USD. I like tether stable coin.
Stable coins play as means to switch between bitcoin to altcoins; bitcoin to stable coins, then fiats; altcoins to stable coins then fiats. That's all. There is no reason, no benefits to invest in stable coins, because their price are stable. Do you want to invest in a coin that has stable price over time?
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July 28, 2019, 03:11:29 PM
 #67

I don't trust all these stable coins, use them only to temporary store my crypto cash, when trading BTC/USDT. Use Tether mostly, tried other stable coins a few times.

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July 30, 2019, 05:57:25 PM
 #68

I like to use Tether USDT, it was the first stable coin i find in the market and looks like the one who most people trusts it.

I know that coin has some kind of issues, like the one we see two weeks ago with the mistake, created coins, but it was fixed fast, that's why i trust on the team behind tether.

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July 31, 2019, 07:34:51 PM
 #69

I like to use Tether USDT, it was the first stable coin i find in the market and looks like the one who most people trusts it.

I know that coin has some kind of issues, like the one we see two weeks ago with the mistake, created coins, but it was fixed fast, that's why i trust on the team behind tether.
All I have seen with tether is that mistake they keep making and correcting, they are big enough to avoid those kind of mistake and I am not too sure that tether will be able to survive the issue it is having with government as regards its transparency in priming of coins which is said to be over printing.

I have not followed up on them for a while now, so I don’t even know if the court has eventually ruled a case against them or not, but I doubt of they will ever survive it. The reason why I don’t like tether is because they are kindly of too shady in their dealings with people and I think funds are being stolen by them and before you know it, one day, they will run away with people’s money.  There are so many other reliable stable coins in the market but not tether.
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July 31, 2019, 07:44:18 PM
 #70

I like to use Tether USDT, it was the first stable coin i find in the market and looks like the one who most people trusts it.

I know that coin has some kind of issues, like the one we see two weeks ago with the mistake, created coins, but it was fixed fast, that's why i trust on the team behind tether.
All I have seen with tether is that mistake they keep making and correcting, they are big enough to avoid those kind of mistake and I am not too sure that tether will be able to survive the issue it is having with government as regards its transparency in priming of coins which is said to be over printing.

I have not followed up on them for a while now, so I don’t even know if the court has eventually ruled a case against them or not, but I doubt of they will ever survive it. The reason why I don’t like tether is because they are kindly of too shady in their dealings with people and I think funds are being stolen by them and before you know it, one day, they will run away with people’s money.  There are so many other reliable stable coins in the market but not tether.

There was a hearing in NewYork on July 29, 2019.
You can find official Tether statement on their website:
https://tether.to/tether-obtains-stay-of-document-demands-in-new-york/#


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July 31, 2019, 08:36:12 PM
 #71

Tether(USDT), not me for any reason to choose Tether(USDT) if I think the bitcoin trade starts to fall and before prices really enter a deep gap, I will definitely change some of my bitcoin to USDT to start a new market.
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July 31, 2019, 09:33:54 PM
 #72

Stable coins are a good choice to keep the money stable, but not for me. What good is it to keep money stable in this market? There are already many places away from here to keep the money stable. If money is circulating in this market, then it will be used for making profit, and keeping it stable will not give you additional money.
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July 31, 2019, 09:37:32 PM
 #73

Now I use only 2 coins , it is usd and usd these are the coins that I trust and which have good volumes , but of course it is better to deversify in the event of fraud of their coins.

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August 01, 2019, 07:30:17 AM
 #74

It looks like I'm missing another good stable coin that backed by bitcoin and that's called as a qdao stable coin and it has already traded in few exchange sites so far and it must be included in that list. I'm using it right now and USDC and so far never get any problem because it's clear where the token gets its value compared with tether and qdao is much better consider it has been backed by bitcoin as a collateral.

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August 01, 2019, 10:22:26 PM
 #75

It looks like I'm missing another good stable coin that backed by bitcoin and that's called as a qdao stable coin and it has already traded in few exchange sites so far and it must be included in that list. I'm using it right now and USDC and so far never get any problem because it's clear where the token gets its value compared with tether and qdao is much better consider it has been backed by bitcoin as a collateral.

Interesting.
First time I hear about it so far.
Do you have an links so I can check it out?


Our current Poll shows this results at the moment:

60% of users are using Tether
17,1% are not using any stable coin
8,6% are using other stable coin






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August 02, 2019, 02:16:37 AM
 #76

The stable coins I have only made use of are the USDTether and DAI, and my use for them is to make short term trading profits, especially on Bitforex, I prefer to exchange USDtether for Bitcoin and vice versa to make short time profits when the Bitcoin price is highly instable.
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August 02, 2019, 10:25:06 AM
 #77

I am not a fan of stable coins, it's a manipulating machinery doing a mess on the market

If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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August 02, 2019, 10:50:29 AM
 #78

Currently not interested in using stable coins, I am still loyal to some tokens for now, not intending to sell them and looking for coins that are safe to stabilize which will be the last resort if I have to.



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August 07, 2019, 07:55:19 PM
 #79

Before I say thank you for telling all the altcoins that are stable in price. Maybe from all the altcoins, I use Tether more often. To like, I think all altcoins are good. But Paxos uses the ethereum platform, different from Tether.
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August 07, 2019, 08:37:11 PM
 #80

Before I say thank you for telling all the altcoins that are stable in price. Maybe from all the altcoins, I use Tether more often. To like, I think all altcoins are good. But Paxos uses the ethereum platform, different from Tether.
The stable coins you mentioned are not the best option cause USDT had some allegations which lead to some major exchange delist while Paxos is a token created by a regulated company which automatically make the token centralized and USDQ is a decentralized stablecoin pegged to a dollar and backed with BTC.

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August 07, 2019, 09:22:29 PM
 #81

I always enjoyed usdt and I will use this coin has long been proven and on this coin the most liquidity than other

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August 07, 2019, 11:19:55 PM
 #82

Tether is a convenient and universal cryptocurrency. According to the developers, users can not worry about the coin rate, it is equal to the dollar so I vote for USDT.
you said tether is a convenient and universal crypto but it was avoiding so many audits that will be made by the team and auditors and this such a crap dude. I just can imagine about how much money that already printed by tether in any period and it's not worth any more to call tether as a company. That was a company without transparency.

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August 07, 2019, 11:54:35 PM
 #83

for now there is no significant increase in the market price, but all markets are aimed at USDT because all trade centers use it for the main payment, and I also use USDT to start trading in coins. And these coins are very stable and for investors no need to worry about investing in the crypto world, cyberspace but can make a lot of money, and those who still have tokens immediately on sale, because the price standard is successful. and everyone uses USDT to be traded.
Stablecoin remains the best choice for securing assets when the market is chaotic. I often use usdt. Effective enough to move funds from one exchange to another exchange that supports these tokens. Usdt is widely used as a pair on many exchanges.

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August 24, 2019, 10:20:55 AM
 #84


source: coinlib.io

Please look at this money flow in Bitcoin.
As you can see most of the money flowing into Bitcoin is from Tether.

After hearing latest news regarding Tether and law officials in US,
as Judge Joel Cohen denies the drop of New York AG investigation.
We should better prepare to see big changes in this image,
and probable replacement of Tether with other stable coin.

What are Tether and Bitfinex doing?
They want to create their own Chinese Yuan stable coin, something like Tether Yuan.




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August 24, 2019, 12:04:05 PM
 #85

The ideal of a stable currency is when the downtrend market is at that time, it was really helpful when holding the currency stable
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August 24, 2019, 12:27:51 PM
 #86

What Stable coins you like and use?

Please write your experiences, advantages and reasons you use or don't use them.







You forgot to add "Gold back stablecoins, as we all know gold is also low volatility and stable asset class and if we compare the price trend year after year gold prices is uptrend and breaking record highs to its good to hold and use too. Gold stable coins (Gold) an ERC20 token GOLD is backed by physical gold and it's price is pegged to the market price of gold. im using fiat backed stablecoins too and so far its good.
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August 24, 2019, 01:04:04 PM
 #87

Until now I still like stable coins tether (USDT), because tether many listed on the exchange and get first place on the coinmarketcap site, so that makes me to like it, for other stable coins also have a good side, but personally I still like tether.

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August 24, 2019, 01:23:08 PM
 #88

To be honest, I have not used any stable coins so far. And I do not have much information about why people are using stable coins. If I am to pick a stable coin, I would go for Tether. I love this coin as it is placed in the top ten list on the coinmarketcap.

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August 24, 2019, 01:40:52 PM
 #89

I "accidentally" use tether not because I like to, but to save some dumping, I try not to stay too long on it. I don't know the essence of the numerous stablecoin and they keep coming to the market.
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August 24, 2019, 01:43:39 PM
 #90

I like QDAO because the only one offers to earn some coins in a bounty campaign. We should support projects that allow us to earn some money!
QDAO for the win!

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August 24, 2019, 01:45:07 PM
 #91

Not a fan of stable coins and never used any of them from the very start of my journey in cryptocurrencies. I've known the usage of it but never done it until now, I guess if time and situation permits I'll try to use it and what it feels like to own a stable coin. The price isn't moving and you are like actually holding a dollar on your hand. If technically I became an expert in trading few years from now, I guess that I'll use it on my daily trades to save my profit.

I agree on this statement. I am not a big fan of stable coin. I still don't understand the meaning of stable coin when FIAT is readily available in most of the popular exchanges.

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August 24, 2019, 01:45:47 PM
 #92

If you looking for profit from cryptomarket stable coins are useless, why i need stable coins, i only need to invest in project return a profit.
Stable coins may use in some cases.
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August 24, 2019, 05:33:40 PM
 #93

Most likely I will choose tether as this coin pleases me very much recently. All other altcoins lower its price but tether continues to rise up. Probably at this moment is the clear leader among altcoins. But if you want to invest then don't forget that yato will soon be giants stablecoin - libra and master card
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August 24, 2019, 06:26:07 PM
 #94

Quote from: masterrex
You forgot to add "Gold back stablecoins, as we all know gold is also low volatility and stable asset class and if we compare the price trend year after year gold prices is uptrend and breaking record highs to its good to hold and use too. Gold stable coins (Gold) an ERC20 token GOLD is backed by physical gold and it's price is pegged to the market price of gold. im using fiat backed stablecoins too and so far its good.

I know about GOLD token and it is one of the idea I do like,
and I think we talked about it in this topic.
Only thing about it is that if you hold it on your EHT wallet,
every day you will get 1 transaction out as a service fee,
so you should be prepared for it if you are going to use it.

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August 24, 2019, 06:46:30 PM
 #95

in my opinion, usdt is the best stable coin.
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August 24, 2019, 09:27:55 PM
 #96

Ofcourse the most useful is Tether USDT and I use it often. But I heared that also good is PAX. Many new coins also arrives. Some interesting is USDQ. You can check - it have a good future.
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August 25, 2019, 08:42:03 AM
 #97

Most likely I will choose tether as this coin pleases me very much recently. All other altcoins lower its price but tether continues to rise up. Probably at this moment is the clear leader among altcoins. But if you want to invest then don't forget that yato will soon be giants stablecoin - libra and master card


Why do you mention altcoins when it comes to stablecoins? From the name "Stablecoin" it follows that this coin is stable, the situation on the cryptomarket does not affect it (there are no its pumps/dumps), because in most cases its value is tied to Fiat currencies.
Your Libra will never become a real cryptocurrency, it's just a payment system tied to a social network.

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August 29, 2019, 03:41:09 PM
 #98

You can see the list of most stable coins on CoinGecko website.
With volume, Circulating Supply and Mkt Cap
https://www.coingecko.com/en?category_id=36&view=market

dev activity
https://www.coingecko.com/en?category_id=36&view=developer

social activity
https://www.coingecko.com/en?category_id=36&view=social

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September 02, 2019, 07:35:04 PM
 #99

~snip

Stable coins are good for these coins. But if we hold the coin it will not produce anything. We don't lose, and we also don't get profit. Suppose we have $ 100, and we hold for the next two years. The $ 100 will not change to $ 200 and will not decrease. Unlike holding Bitcoin or other altcoins. If we hold 1 BTC, and we hold it for the next 2 years, chances are that if the BTC price rises, we will get a profit, but if the BTC price drops, we will lose. So the point is I don't like stable coins.

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September 02, 2019, 11:48:52 PM
 #100

The most often I use is USDT. The exchange pair is almost always on most exchanges, even local ones. The price is stable, I use it when there is a drastic change in market prices, to secure assets.

Stable coins are good for these coins. But if we hold the coin it will not produce anything. We don't lose, and we also don't get profit. Suppose we have $ 100, and we hold for the next two years. The $ 100 will not change to $ 200 and will not decrease. Unlike holding Bitcoin or other altcoins. If we hold 1 BTC, and we hold it for the next 2 years, chances are that if the BTC price rises, we will get a profit, but if the BTC price drops, we will lose. So the point is I don't like stable coins.
Stable coins are less appropriate to be used as investments because prices tend to be stable. One of the goals of making stable coins is to overcome the high volatility of cryptocurrency.

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September 04, 2019, 01:34:46 PM
 #101

Ofcourse the most useful is Tether USDT and I use it often. But I heared that also good is PAX. Many new coins also arrives. Some interesting is USDQ. You can check - it have a good future.

Learning more and more about Libra, the new stable FB coin, I think, it will be supposed to be the best one in 2020. This stable coin will be provided with several national currencies and other financial assets. This will create a digital currency with a stable price, or at least with very low volatility. Everyone can make money transfers and pay for goods and services in Libra tokens, without fear that their money will simply be taken and depreciated.
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September 06, 2019, 03:04:36 PM
 #102

Quote

Binance Launches Dollar Backed Stablecoin BUSD in cooperation with PAXOS,
and it is even approved by NYDFS New York Department of Financial Services.

It will be 1:1 backed by US dollar $

source:
https://www.coindesk.com/binance-launches-dollar-backed-stablecoin-with-nydfs-blessing

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..CASINO....SPORTS....RACING..
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September 06, 2019, 03:06:53 PM
 #103

I hope that the future belongs to decentralized stable coins and decentralized exchanges. Because then we will not have to be subject to any regulations, there will be no limits for cryptocurrencies.  Cool
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September 13, 2019, 02:10:10 PM
 #104

More news regarding EURO stable coin and LIBRA
https://www.reuters.com/article/us-facebook-cryptocurrency-france/spooked-by-facebooks-libra-euro-zone-to-step-up-work-on-public-cryptocurrency-idUSKCN1VY0H3

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September 13, 2019, 02:20:03 PM
 #105

I use Tether more often. To like, I think all altcoins are good. But Paxos uses the ethereum platform, different from Tether.
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September 13, 2019, 02:40:03 PM
 #106

I am not much of a stable coin user but I kinda use it when I need to make some trades whee I need to buy back the particular coin after some time.
I use USDT to hold the amount and then buy back the crypto when the price goes low. I am not use about Libra and whether it will be globally used but if it does then I will surely use it.
Atleast that way I will be using cryptocurrency regularly.

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September 16, 2019, 06:04:33 PM
 #107

I use Tether more often. To like, I think all altcoins are good. But Paxos uses the ethereum platform, different from Tether.

Tether is provided with real currencies, and it is a good stable coin. At the moment, there are already coins secured by US dollars (USDT), euros (EURT), and in the near future, it is planned to add the Japanese yen (JPYT). One Tether is equal to one fiat unit and, according to the issuer's statements, it is fully secured by the monetary reserve of the Tether platform. Due to this, this cryptocurrency is not subject to volatility like other cryptocurrencie
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September 22, 2019, 07:12:22 PM
 #108



Hi
I like counoscoin because It's a powerful project
It has a completely separate network.
It is not based on ethereum
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September 22, 2019, 07:20:30 PM
 #109

the more stable coins that support conventional currencies, Binance now has its own stable coin and I see there are already 3 stable coins in the Binance exchange.
the more stable coins I think will make it easier for everyone to be able to make crypto investments easily

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September 24, 2019, 10:45:11 PM
 #110

Hi
I like counoscoin because It's a powerful project
It has a completely separate network.
It is not based on ethereum


First time I ever heard of this coin, and it has no volume at all... that makes it unusable

We are 'Bakkt'

Bitcoin price is going down...
Anyone used any stable coin for this Bitcoin dump, and what exchanges you prefer when using them?



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September 25, 2019, 02:18:42 AM
 #111

A stable coin is good for the long term, like the GOLD Token, it follows the world gold exchange rate, so within 2 years we will get a good profit.

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September 25, 2019, 06:36:53 AM
 #112

I've been using USDT for a long time now. because it is the one that is listed on an exchange to trade my bitcoin. Not a good investment though because the price did not move even a little. Its good for protecting dump.
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September 25, 2019, 12:35:01 PM
 #113

Stable coin is like life of cryptocurrency. You can protect your investment from bear market. In this stable coin I don't find the name of Binance USD. Binance USD is another service from Changpeng Zhao.
That was a long post before Binance made a stable coin, that's why it's not on the list.
Stable coins actually will only make money out of control if the project owner does not have a back up,
actually only 2 or 3 stable coins are enough, this is even more than 15 and continues to grow each year.

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September 25, 2019, 12:40:51 PM
 #114

I trust only in Paxos and Gemini Dollar, both of them are regularly audited, fully backed by dollars, but are they really stable? Stable in a time? Dollar is loosing its value, so it is not the best way how to store your money for a long time.


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September 25, 2019, 01:13:52 PM
 #115

Stable coin is like life of cryptocurrency. You can protect your investment from bear market. In this stable coin I don't find the name of Binance USD. Binance USD is another service from Changpeng Zhao.
That was a long post before Binance made a stable coin, that's why it's not on the list.
Stable coins actually will only make money out of control if the project owner does not have a back up,
actually only 2 or 3 stable coins are enough, this is even more than 15 and continues to grow each year.
of course, 2-3 coins are enough, but now the situation is not so stable that we cannot know which of the 20 existing stablecoins will stay with us in a few years

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September 25, 2019, 03:42:18 PM
 #116

The use of stable coins often damages unstable cryptocurrencies. But they are also a good opportunity to escape to a safe harbour in any panic environment.

I'm usually using USDT as a stable coin, though I'm not sure whether theoretically, all stable coins have different infrastructures, as a result, there is really a difference between them. All I know is that all cryptocurrencies, including stable coins, need to be have a decentralized structure.
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September 25, 2019, 03:43:45 PM
 #117

Stable coins are being use just to take easy on the market.
If you think cryptocurrency will go low at that day then you can buy any stable coin on that exchange.
but dont stay long you should buy back cryptocurrency after few hours or resting.
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September 25, 2019, 05:04:33 PM
 #118

The use of stable coins often damages unstable cryptocurrencies. But they are also a good opportunity to escape to a safe harbour in any panic environment.

I'm usually using USDT as a stable coin, though I'm not sure whether theoretically, all stable coins have different infrastructures, as a result, there is really a difference between them. All I know is that all cryptocurrencies, including stable coins, need to be have a decentralized structure.
How it could damage unstable cryptos if the use of stablecoin such as USDT is basically the same as pairing your crypto to dollar I just don't get the logic behind your saying. Also you need to know that the word stablecoin and decentralization couldn't coexist. stablecoin still rely on cash.

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September 25, 2019, 05:19:58 PM
 #119

Stable coins are being use just to take easy on the market.
If you think cryptocurrency will go low at that day then you can buy any stable coin on that exchange.
but dont stay long you should buy back cryptocurrency after few hours or resting.
I currently use this method on my Blockchain.info account, this afternoon I saw the price of Bitcoin go down by 10% then I quickly swap it to USD PAX so that my assets are maintained.  I continue to monitor the market and news, so I can decide when to swap my USD PAX to Bitcoin again.  Stable coins are really useful.

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September 30, 2019, 03:14:56 PM
 #120

The use of stable coins often damages unstable cryptocurrencies. But they are also a good opportunity to escape to a safe harbour in any panic environment.

I'm usually using USDT as a stable coin, though I'm not sure whether theoretically, all stable coins have different infrastructures, as a result, there is really a difference between them. All I know is that all cryptocurrencies, including stable coins, need to be have a decentralized structure.
How it could damage unstable cryptos if the use of stablecoin such as USDT is basically the same as pairing your crypto to dollar I just don't get the logic behind your saying. Also you need to know that the word stablecoin and decentralization couldn't coexist. stablecoin still rely on cash.


Because traders can escape to USDT at any time and sell their products. This causes the price of the product to fall. If there were no stable coins, the price of both Bitcoin and other altcoins would probably be much higher now.
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September 30, 2019, 03:26:23 PM
 #121

The use of stable coins often damages unstable cryptocurrencies. But they are also a good opportunity to escape to a safe harbour in any panic environment.

I'm usually using USDT as a stable coin, though I'm not sure whether theoretically, all stable coins have different infrastructures, as a result, there is really a difference between them. All I know is that all cryptocurrencies, including stable coins, need to be have a decentralized structure.
How it could damage unstable cryptos if the use of stablecoin such as USDT is basically the same as pairing your crypto to dollar I just don't get the logic behind your saying. Also you need to know that the word stablecoin and decentralization couldn't coexist. stablecoin still rely on cash.


Because traders can escape to USDT at any time and sell their products. This causes the price of the product to fall. If there were no stable coins, the price of both Bitcoin and other altcoins would probably be much higher now.
I also think like that, maybe the effect of having stable assets is also to save assets from big traders after trading. different from the past, traders save their money in BTC or large assets in other markets. it makes BTC and other altcoin requests very strong.
but this is an update from crypto. we must follow it and this could be a strong reason not to be afraid anymore for new people to invest and trade crypto.

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October 02, 2019, 05:19:29 PM
 #122

I mostly use usdt/tether. Cause its available in almost all exchanges. And after that I use tusd/trueusd. Its also fine. I don't like to hold my my in one coin that's why I use 2 stable coin too.

 
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October 02, 2019, 06:19:28 PM
 #123

Among the options, I think the usdt and dogecoin are the most stable altcoins in recent years, and perhaps this is due to the support of large exchanges, but they are not big volume movers. Most of the volume is driven by smaller exchanges and this keeps usdt price stability, and also dogecoin can maintained even though several other altcoins are experiencing pressure from falling bitcoin prices.

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October 02, 2019, 06:39:39 PM
 #124

Among the options, I think the usdt and dogecoin are the most stable altcoins in recent years, and perhaps this is due to the support of large exchanges, but they are not big volume movers. Most of the volume is driven by smaller exchanges and this keeps usdt price stability, and also dogecoin can maintained even though several other altcoins are experiencing pressure from falling bitcoin prices.
Dogecoin is not included in the category of stable coins, although the price of dogecoin always lasts and there is never any pressure from others, but dogecoin is not included in the category of stable coins, I myself also like USDT and dogecoin, and USDT is a stable coin, while Dogecoin not included.
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October 08, 2019, 10:27:22 PM
 #125

Dogecoin is not included in the category of stable coins, although the price of dogecoin always lasts and there is never any pressure from others, but dogecoin is not included in the category of stable coins, I myself also like USDT and dogecoin, and USDT is a stable coin, while Dogecoin not included.


dogecoin chart

Dogecoin will never be included in this voting list...reasons are obvious  Roll Eyes

I did add GOLD token

-

I see that 56.4% of voters chose USDT coin.

I have one question for all of you who are still using it,
are you ready to witness sinking of USDTitanic ship?

You should not hold any USDT, as they are again under NY investigation

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October 09, 2019, 10:39:41 AM
 #126

I did not see USDC, it become more popular this days, most of used to use USDT, and i think still favorite coin  in the market.


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October 10, 2019, 01:04:12 AM
 #127

I did not see USDC, it become more popular this days, most of used to use USDT, and i think still favorite coin  in the market.

I added USDC to the poll
but I would not suggest anyone who hold any stable coin for long time.
We may see some transition from Tether to other stable coins very soon.

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October 10, 2019, 01:02:53 PM
 #128

Before I say thank you for telling all the altcoins that are stable in price. Maybe from all the altcoins, I use Tether more often. To like, I think all altcoins are good. But Paxos uses the ethereum platform, different from Tether.
The stable coins you mentioned are not the best option cause USDT had some allegations which lead to some major exchange delist while Paxos is a token created by a regulated company which automatically make the token centralized and USDQ is a decentralized stablecoin pegged to a dollar and backed with BTC.
Yes. USDQ is a stablecoin, but only uses the Ethereum platform, while USDT has two coins with two different smart contracts. That is USD₮ (Omni) and USD₮ (Ethereum).  In terms of price, almost all of these coins have the same value as a conventional USD.
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October 10, 2019, 02:24:00 PM
 #129

Before I say thank you for telling all the altcoins that are stable in price. Maybe from all the altcoins, I use Tether more often. To like, I think all altcoins are good. But Paxos uses the ethereum platform, different from Tether.
The stable coins you mentioned are not the best option cause USDT had some allegations which lead to some major exchange delist while Paxos is a token created by a regulated company which automatically make the token centralized and USDQ is a decentralized stablecoin pegged to a dollar and backed with BTC.
Yes. USDQ is a stablecoin, but only uses the Ethereum platform, while USDT has two coins with two different smart contracts. That is USD₮ (Omni) and USD₮ (Ethereum).  In terms of price, almost all of these coins have the same value as a conventional USD.
Despite only using ethereum platform the network itself is quite sufficient for USDQ to keep up. as I see majority of people who uses USDT choose to use the ERC20 version anyway. However if I were to choose a stablecoin I'd definitely choose the one with the most reliable company backing it up rather than comparing the platform they're in.
After all, a stablecoin will depends heavily on the reserved funds and these funds provided by the company behind the coin and if the company gone wrong or making an exit scam it will be nothing but a useless garbage coin.

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October 10, 2019, 02:32:15 PM
 #130

I don't think a stable coin is profitable than other coins and I never invest in stable coin but I invest in IEO's. Like Moozicore is the best to invest your money for a long time investment.(https://tokensale.moozicore.com/)
But unfortunately you are going with shit project. Moozicore was failed project but team trying to reach softcap. This project IEO launched in several medium exchanges. Still worthless project. People using stable coin specially for the protect their fund from fall market. This is a stable coin so how can be expect profit here. USDT is the highest using coin in every time. I recommend USDT comparatively with all of the satble coin.                          

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October 14, 2019, 06:33:43 AM
 #131

I did not see USDC, it become more popular this days, most of used to use USDT, and i think still favorite coin  in the market.



If USDC is the same as USDT then it is good because the Issuer of tokens will become larger, USDT has too few tokens for the market, only 4 billion. If the market goes up it will be a drop in the bucket
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October 20, 2019, 01:04:54 PM
 #132

The most often I use is USDT. The exchange pair is almost always on most exchanges, even local ones. The price is stable, I use it when there is a drastic change in market prices, to secure assets.

Stable coins are good for these coins. But if we hold the coin it will not produce anything. We don't lose, and we also don't get profit. Suppose we have $ 100, and we hold for the next two years. The $ 100 will not change to $ 200 and will not decrease. Unlike holding Bitcoin or other altcoins. If we hold 1 BTC, and we hold it for the next 2 years, chances are that if the BTC price rises, we will get a profit, but if the BTC price drops, we will lose. So the point is I don't like stable coins.
Stable coins are less appropriate to be used as investments because prices tend to be stable. One of the goals of making stable coins is to overcome the high volatility of cryptocurrency.
Yes, stable coins are not right for investment. Because it will not bring benefits to the holders. But if market conditions are deteriorating, then a stable coin is the right choice. The condition is we will not bring losses if the price of coins falls.

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kolonel_x
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October 20, 2019, 06:07:05 PM
 #133

The most often I use is USDT. The exchange pair is almost always on most exchanges, even local ones. The price is stable, I use it when there is a drastic change in market prices, to secure assets.

Stable coins are good for these coins. But if we hold the coin it will not produce anything. We don't lose, and we also don't get profit. Suppose we have $ 100, and we hold for the next two years. The $ 100 will not change to $ 200 and will not decrease. Unlike holding Bitcoin or other altcoins. If we hold 1 BTC, and we hold it for the next 2 years, chances are that if the BTC price rises, we will get a profit, but if the BTC price drops, we will lose. So the point is I don't like stable coins.
Stable coins are less appropriate to be used as investments because prices tend to be stable. One of the goals of making stable coins is to overcome the high volatility of cryptocurrency.
Yes, stable coins are not right for investment. Because it will not bring benefits to the holders. But if market conditions are deteriorating, then a stable coin is the right choice. The condition is we will not bring losses if the price of coins falls.

I think investing in a good stable coin is in GOLD tokens with a condition that in the long run a maximum of 10 years because as I know the price of GOLD tends to rise every year, if you invest in the long term for more than 10 years I think it will be profitable.

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October 20, 2019, 08:47:36 PM
 #134

I chose tether (USDT) just to save my assets. because the first coin I heard with its stability and also its volume was quite large. At this time many new stablecoin have sprung up with collateral has increased, in an effort to take the place of Tether. for now I still use tether, maybe another time I will move also from tether (USDT).

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October 21, 2019, 02:56:20 PM
 #135

Tether USDT is the most stable and trustworthy to hold best for your business. If we see the last one/two years, we can judge easily that usdt is the most stable coin. It has a great market and it is top five position with great market cap.

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November 17, 2019, 06:46:09 AM
 #136

My favourite stablecoin when I want to send to a personal wallet is USDC for the simple fact that it's in the Ethereum Blockchain and that is one of my favourite Cryptocurrency wallets, but when I am trading, I prefer to use the USDT pair because it tends to have more liquidity in exchanges but when I want to store to my personal wallet, I don't like to use USDT because of the controversy always surrounding it, I prefer storing a stablecoin that would give me rest of mind.

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December 25, 2019, 08:35:38 PM
 #137


source: https://cryptonews.com/coins/dai/

We should all consider using DAI stable coin instead of all alternative options like USDT.
DAI is now multi-collateral. and there are plans to back it with other real world assets like gold and oil in addition to crypto.
There is also option to earn more DAI just by holding it.
https://makerdao.com/

More information about recent update:
https://blog.makerdao.com/multi-collateral-dai-is-live/


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January 03, 2020, 06:19:24 AM
 #138

DAI, USDC and Paxos are a good alternative to USDT.

IHMO, DAI and Paxos have a good performance right now.
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January 03, 2020, 07:18:31 AM
 #139

Stable coins are less profitable for long-term items, but the advantage on the other hand is that the value tends to be stable can be used as the most relevant estimate for buying and selling transactions, and so far I like the USDT and in the future can be an alternative online payment very nice.
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January 03, 2020, 08:13:16 AM
 #140

I think most use USDT. And this is true, it is a time-tested stable coin. On most major cryptocurrency exchanges, the main cryptocurrencies are traded in pair with USDT. Therefore, I believe that if you need use stable coins, it is only those that have good liquidity and time-tested.

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January 03, 2020, 09:12:24 AM
 #141

Tether is my best choice in stable coin because it easy to use, familiar. I used tether since 2017 and there are no problem in transfer this stable coin, so i dont have much reason to move to new stable coin. Grin I know Tether company have lots of FUD, but they still survive here so i do not too worry about this stable coin.


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January 03, 2020, 10:22:20 AM
 #142

I preferer to use theter because is popular stable coin and low fee for sending between markets than other,
and the most important are available at many exchange
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