Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: yousufatik on September 28, 2018, 11:37:18 PM
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There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?
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Following some notable premiers in the genre recently, the next batch of stablecoins is on the way. A British startup is partnering with a bank to launch a GBP-pegged crypto, a Swiss commodities trader wants to mint a coin backed by metals, and a Mongolian telecom has been licensed to issue the country’s first digital currency with the same value as the national fiat. https://news.bitcoin.com/new-stablecoins-from-cryptopound-and-metal-backed-swiss-coin-to-mongolian-candy/ please becarefull i don't have any relationship with this project, i just share about the stable alternatives coins on here. Thank you very much
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ETH so far, is the most stable, okay, indeed the price continues to fall this year, but look, many altcoins use eth as their platform, many investors who already believe in ETH, and for the next few years the ETH will be the best,
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There are no stable coins, all coins are always up and down every day. If you notice the market cap, there is no coin that looks stable. But this price instability is an advantage for us, because when prices go down, we can buy coins at the lowest prices. And we can take advantage when prices are high.
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Japanese GMO Internet Group plans to launch stablecoin GJY equal to Japanese yen in 2019.
As developers believe, such alternative currency can solve hyperinflation afflicting many developing countries, while it has potential to transcend national currencies in developed countries and be a global standard for the innovative financial infrastructure. The coin will be developed through its international division Z.com.
The latest GMO Internet financial report showed that the crypto business had $2.3 million in operating profit for the second quarter of this fiscal year. The total for the group was $57.4 million.
As per company’s official statement:GMO Internet positions the cryptocurrency business as its strategic business sector and is already engaged in cryptocurrency exchange business and cryptocurrency mining business. Starting with the launch of the new “Yen-pegged currency”.
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There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?
I don't think there are coins that are truly stable, but for me bitcoin is a coin that is stable enough to be used as an investment
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Maybe those coins that are already at their all time low? I mean those that are at a level where they can no longer go any lower
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Fiat backed and Gold backed coin like Tether and GoldX is the stable coin because its backep by real and well known asset, stable coin is good for traditional saving account, because we dont need to pay administration fee :)
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From my view, ETH is the most stable. Although sometimes it losts in price, it's still temporary I think. The main reason why ETH is stable is that it has a person behind it. It is getting larger and larger each and every month, and then it would cause strong interest among traders and investors.
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If you exclude pegged ones like USDT and EURN that are linked to $ and EUR, the more "stable" crypto I think are BITCOIN and ETHEREUM.
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It is possible that the top 10 or the top 50 altcoins are more stable and influential than below in rank. More specially ethereum now is dropping but for awhile it will rise again. I mean in stable is being stable in the top rank.
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I think Bitcoin and Ethereum are most stable coin.But before investing and aim to invest into something which is going to be around in the long run do your own research.
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I guess the most stable coin that surprised me this year was BNB. Check out it's charts. From the last winter, it drops only double it the same time other coins dropped 90%.
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in my opinion, the bit20 is stable, you check it for yourself, the price is really pantastic, my price is more than bitcoin. I think this is altcoin if I have one, I will become a billionaire. .
for other stable altcoins in my opinion, btch and litcoin. .
I'm sure this litcoin will become a big altcoin someday
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BitUSD and USDT and TUSD
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For stability, i am not sure any coin has that potential now but there are reliable ones rather. Prices fluctuates from time to time and affects each coin making all vulnerable. But you can trust CLZ tokens and the ETH, they are reliable.
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There are 2000 more altcoins on CMC, I think there are no stable coins/altcoins, their Bitcoin and Ethereum have a high price last year, but now all cryptocurrency prices are down. Until whenever you won't see coins that have stable prices
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Stable coins are coins which backed by real USD. Recently I see many stable coins have published so far. Except for Usdt, we have Tusd, Gemini, Paxos standard, etc
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I think altcoin is good and stable, I think bitcoin, Bitcoin is the world's first crypto digital currency, and remains the most popular. Today, thousands of sellers around the world accept this currency as payment for their goods or services. Bitcoin can also be exchanged for ordinary money using an exchange office or a special trading platform. Therefore, I consider investing in bitcoin to be the most stable.
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My opinion I dont expect any coin to be stable in crypto, its not a crypto coin feature and If I like to consider any coin's stability it should be in the value of bitcoin or ethereum. The dollar decline is all over the space and can used as a factor of stability. Trade volume is the most important factor of stability now, if the community is large and active. The price might not be high now but has a lot of capabilities.
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The only stable coin in the market is still nothing.
Nothing in terms of none altcoins is stable due to the fact that bitcoin leads the entire market price.
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There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?
The most stable coins are bitcoin, ethereum, and ripple. These coins are most promising coins and potentially maintenance their position in top 3 on coinmarketcap lasting. I also prioritize them for investment.
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What I have experienced in the field of cryptocurrency for the past two years has not been a stable coin, that is also based on my experience, because the price of one factor is influenced by not only the supply of the coin or the other, but the coin Almost stable there might be, like the XRP, the coin that I watched for two years did experience ups and downs, and this coin could rival coins of the same class Ethereum, and could even shift Ethereum to the position of the two biggest coins in the world, and it was very special to me, but maybe there is a more stable coin, because to research thousands of coins, I can't, what I know is that XRP coins are almost stable on the cryptocurency market.
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The fall that the market is experiencing now clearly shows that such coins are more a myth than a reality, because even Stablecoins that already behave very strangely and generate a lot of questions ...
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It is difficult to identify any stable coin,not even one,all fall or rise,so you should wait for 2019,maybe things will fall into place
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Its really hard to find stable coins because i strongly believe know that all coins are dropping too bad and even today crypto market is still experiencing fall down and still we dont happens in the coming years.
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For me I don't think any coin is really stable for now but we can reconsider Eth, bitcoin and USD, as stable coin.
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There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?
For now, There is not stable coin because I see the price is unpreditable. I see ripple and ethereum are more potential coin.
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Those top 10 coins on coinmarketcap are absolutely the most stable altcoins. They are very recommended for investors to buy. The values will multiply to high rates if we can hold them and sell them in the right time.
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There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?
I believe stable coins are coins like NEO, Stellar, Ethereum and those that have their own platform, but in a normal market stable coins will not be a profitable coin as they are not like stocks that will give you dividend.
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Stable coins are the only ones that are pegged to some FIAT, like USDT. The problem about these coins is that there is no proof that they are really staking the equal amount of FIAT money in a bank so personally I don't invest in them, if I want fiat I just change my crypto to fiat.
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No currencies in online are stable in nature... Yet some coins consider as stable
Ethereum
NEO
Tether
Bitcoin
Fiat
Stellar
EOS
Bitcoin cash
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So far I think altcoin is stable now, ethereum because for me ethereum also has great potential in the future, and also many new projects using the ethereum platform.
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Stable coin is the value always stable in that price, usually it following fiat like USD. example USDT this coin always follow price of USD fiat.
Bitcoin ethereum litcoin ripple ect is not stable coin. It is very volatile.
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On the basis of the same as the other coins for things that are stable coins.
We can see it on CoinMarketCap if the coin is stable, there are many types of it.
USDT aka Tether
trueUSD
bitUSD
Gemini Dollar
Everything depends on your choice to trade.
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I think stable coin is created to be a sedative when the market is Bearish like in 2018.
Stable coins will also have an effect when everything gets better when the market is bullish.
More precisely stable coins are created to better secure assets from rising and falling prices.
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There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?
My favourite stable coins listing below..
Bitcoin
Litecoin
Binance coin
Ethereum
Ethereum classic
Bitcoin cash sv
Bitcoin cash 2
Stellar
NEO
Ripple
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I read quite interesting article about it on spam blocked b (https://www.spam blocked b/why-we-need-stablecoins/?utm_source=forum&utm_medium=referral&utm_content=why-we-need-stablecoins%2F), it bay be interesting to you. The main subject is why crypto community needs stablecoins
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USDC and Tether are stable coins because they are backed by real assets which is provided to keep their values being balanced
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I highly recommend Anchor because this is the only stablecoins Anchored by the Global Economy!
What they are:
The Anchor is a stable currency designed to preserve and enhance the value of your holdings. The Anchor is pegged to the value of the global economy, protected by a safety net comprised of six pillars. The key difference that the Anchor brings to the table is that, at its core, it is a platform and enabler of long-term financial stability and incremental, but steady accumulation and enhancement of value.
The Anchor has developed a stable ecosystem and non-flationary financial index that other stablecoins and currencies can utilize as a standard peg of value. We have designed Anchor as a two-token economy that consists of the ?Anchor Token?, the system’s main currency and payment token, and the ?Dock Token, ?a utility token that stabilizes the system.
The Vision:
At The Anchor, our main goal is to help the economy evolve and advance so that we can all finally stop fretting about losing money with each passing day. We aim to do this by building a safe two-token system that will give everyone access to a non-speculative cryptocurrency, and take thinking about stability and predictability out of the equation.
The Anchor stable coin is designed to preserve and enhance your holdings, it is protected by six different defense mechanisms, and pegged to the value of the global economy. Since the value of the global economy always grows, you can expect the Anchor to do the same.
The Anchor System:
The Anchor’s two-token system is designed to provide stability and preserve the monetary value of its investor community over the long term. The Anchor incentivizes early-stage validators and investors with additional discounts and revenue streams.
To learn more visit their website @ theanchor.io
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I think that stable coins are coins that does not go higher beyond their listing price. Coins that has a static price position, which when invested on, cannot increase your capital with some significant profit. Coins that doesn't move with the ups and downs(no fluctuations in price that could lead to losses), these are stable coins. These coins are USDT, TUSD, are a few that I have come across and used.
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Some top popular and favourite stabled coins which is backed by gold and fiat
1. USDT
2. Tether
3. PAX
4. GoldX
5. Euro
6. Stable USDT
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There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?
There are no stable altcoins. The price of the whole decentralized cryptocurrency completely depends on the ratio of supply and demand, and they cannot be constant. The price of individual altcoins may for some period be approximately the same price value, however this, most likely, may be in the form of a coincidence.