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Author Topic: Will stable coin be the necessary thing in public chain?  (Read 216 times)
bitvalak
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December 21, 2019, 01:05:32 PM
 #21

It is too complicated, there is no definite reference to become stable. All have the opportunity to be stable, don't just value bitcoin and ETH, then you are as if you are pessimistic about its future functions.
As expensive as any bitcoin and ETH value can still be purchased with certain fractions. I prefer to use coins that are certainly like BTC and ETH rather than having to find a stable coin that somehow doesn't necessarily mean that it can last long.

thirdlight
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December 21, 2019, 02:01:57 PM
 #22

Stable coins are very helpful in trading on the market, without them the market would be quite different, personally for me stable coins are an indispensable thing in trading.

hatshepsut93
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December 21, 2019, 02:48:55 PM
 #23

I always thought that a stable coin was needed because investing in the crypto world would be needed to hold our funds when not investing or  daily trading. so I think stablecoin solves the problem when holding our funds when the market hasn't given potential yet

Then just sell your coins for fiat and withdraw them to your bank account - it's safer than any stablecoin, because they are both centralized companies, but banks are at least regulated and need to uphold their reputation, while stablecoins are risky startups that can go poof any day. Maybe stablecoins have some merit when it comes to transactions, but for hodling they are really a poor choice.
Jennifer1023 (OP)
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December 22, 2019, 05:20:11 AM
 #24

It is too complicated, there is no definite reference to become stable. All have the opportunity to be stable, don't just value bitcoin and ETH, then you are as if you are pessimistic about its future functions.
As expensive as any bitcoin and ETH value can still be purchased with certain fractions. I prefer to use coins that are certainly like BTC and ETH rather than having to find a stable coin that somehow doesn't necessarily mean that it can last long.
But it may produce a problem,You can buy more thing if you don't sell it today,so will you use it not store it
michellee
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December 22, 2019, 05:28:37 AM
 #25

Stable coins are very helpful in trading on the market, without them the market would be quite different, personally for me stable coins are an indispensable thing in trading.

The stable coin can help you to save your money from the volatility, and if you are afraid of that, you can sell your coins to the stable coin and hold it for a while. And if you see that the coin is down deeper, you can have a chance to buy the coins so you can make a profit in bitcoin. I think stable coin can be a solution for traders who don't want to see the fluctuating of their coins.

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Ozero
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December 22, 2019, 05:55:30 AM
 #26

I think that stable coins will be in great demand among people, because they combine the advantages of conventional currencies and cryptocurrencies. They will become strong competitors to a decentralized cryptocurrency as a means of payment.
Why stable coins to social networks? I do not see the point and need for social networks to have stable coins.
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