follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Author Topic: Do we really need stable coins?  (Read 61992 times)

Offline Luckyperson21

  • Sr. Member
  • *
  • Activity: 420
  • points:
    2381
  • Karma: 3
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: October 12, 2020, 05:04:30 PM
    • View Profile

  • Total Badges: 13
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Do we really need stable coins?
« Reply #120 on: November 06, 2019, 07:42:36 AM »



Stablecoin is only to facilitate transactions. It can also minimize losses. However, the fee to use Stablecoin on some exchange sites is more expensive than other coins. (see photo above). So in my opinion, we absolutely don't need a stable coin. minimize losses but expensive withdrawal fees than others. lol

Altcoins Talks - Cryptocurrency Forum

Re: Do we really need stable coins?
« Reply #120 on: November 06, 2019, 07:42:36 AM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here


Offline tasyad12

  • Sr. Member
  • *
  • Activity: 374
  • points:
    655
  • Karma: 2
  • Making Smart Money Work
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 21, 2021, 02:53:32 AM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Do we really need stable coins?
« Reply #121 on: November 06, 2019, 04:29:39 PM »
I think it's not just stable coins that are looking for profit, but everything is the same as that. I think it is very necessary, because coin prices tend to be stable following USD prices
█████▄
██▀   ▀██
██     ██
▀██▄ ▄██▀
▄████▄   ▀███▀   ▄████▄
▄██▀  ▀██▄▄████▄▄██▀  ▀██
██       ███   ███       ██
██▄  ▄██▀▀████▀▀██▄  ▄██▀
▀████▀   ▄███▄   ▀████▀
▄██▀ ▀██▄
██     ██
██▄   ▄██
▀█████
          ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄    ▄▄▄▄    ▄▄
Prasaga
                                                    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄
████████████████▄
██████████████████▄
████████████████████▄
█████████████████████
█████████████████████
█████████████████████
█████████████████████
█████████████████████
█████████████████████
█████████████████████
█████████████████████
█████████████████████
█████████████████████
WHITEPAPER    
►  TECH WP
►  COMMERCIAL WP
►►  Powered by
BOUNTY
DETECTIVE

Offline Fenix

  • Legendary
  • *
  • Activity: 2595
  • points:
    55019
  • Karma: 160
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 14, 2024, 03:10:38 PM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 2500 Posts
Re: Do we really need stable coins?
« Reply #122 on: November 21, 2019, 07:15:21 PM »
In general, stable coins will bring additional conveniences to people, so we need them. Stable coins are convenient to use as a means of payment for ordinary citizens who do not use decentralized cryptocurrency. At the same time, they will have to show interest in conventional cryptocurrency, seeing that states use cryptocurrency and blockchain technology.

.FX..BOX.
 
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
 
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
 
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
               │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
.FOREX..TRADING FROM $1.
 
.READ MORE.

Offline Peter90

  • Hero Member
  • *
  • Activity: 792
  • points:
    38613
  • Karma: 64
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 01:25:52 PM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    Quick Poster 10 Poll Votes 500 Posts
Re: Do we really need stable coins?
« Reply #123 on: November 23, 2019, 09:56:17 AM »
It could be so, but how can we be sure, that all those "stable coins" would stay stable? That they would not say oneday, that they are bankrupts and that's the end? Everyone can say, that his token is a stablecoin, but most can not work stable forever. ???
Gold has been proving for 5000 years now to be the most stable currency in the world.
Gold never goes bankrupt
 :)
« Last Edit: November 29, 2019, 11:16:23 AM by owej90 »

Offline Contagem

  • Sr. Member
  • *
  • Activity: 409
  • points:
    917
  • Karma: 25
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: April 19, 2020, 03:54:32 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Do we really need stable coins?
« Reply #124 on: November 23, 2019, 12:27:12 PM »
Gold has been proving for 5000 years now to be the most stable currency in the world.
Gold never go bankrupt
 :)
Gold is not a currency for calculation, moreover, it is not suitable for payment on the Internet, therefore stable cryptocurrencies are created for this, which are convenient for using as payment for goods on the Internet and for trading on crypto exchanges. Stable coins are created supported by gold, dollar, euro and other currencies, this is a convenient solution for use on the Internet.

▄▄▄████████▄▄▄
▄███████████████████▄▄
▄▄████████████████████████▄
█████████████████████████████▄
▄███████████████▀▀▀▀▀▀▀██████████▄
▄████▀  █████▀▀           ▀████████▄
▄█████   ████    ▄▄█████▄▄   ▀███████
██████   ███   ▄███████████▄   ███████
██████   ██   ██████████████▄  ▀██████
███████   ██   ███████████████   ██████
███████   ██   ████████████▀██   ██████
██████   ██   ▀██████████▄     ▄██████
██████   ███   ▀███████  ▀▀    ███████
▀█████   ████▄    ▀▀▀▀▀▀     ▄  ▀████
▀████▄▄▄██████▄▄            ▀█▄████
▀█████████████████▄▄█████▄▄▄█████
▀████████████████████████████▀
▀████████████████████████▀
▀▀██████████████████▀
▀▀▀▀█████▀▀▀▀

cash

THE MASTERNODES
CRYPTOCURRENCY
   
 
 
   
Discovering millionaires’
secret with IQ.cash
   
            ▄███▄▄▄▄       ▄█▄
    ▄██   ▄███████▀▀      ▄████▄   ▄██▄
   ▀█▀  ████████▀         ███████▄ ▀██▀
      ▄██████▀           ▀█████████▄
    ▄██████▀               ▀█████████▄
   ▄█████▀ ▄██▄             ▀██████████▄
  █████▀    ▀███▄        ▄██▄ ▀███████▀
 █████        ▀███▄    ▄███▀    ▀███▀
▄███▀           ▀██▀ ▄███▀        ▀
███                ▄███▀
██               ▄███▀  ▄
▀              ▄███▀   ███▄
             ▄███▀      ▀███▄
           ▄███▀          ▀███▄
         ▄████              ▀███▄
        ████▀                ▀████
 
IQ.cash splits its block reward 57% to
Masternodes (ROI 380%), 43% to Miners
and 6% is reserved for Best Traders
project or IQ ecosystem (DAO)

   

Offline Stuart

  • Hero Member
  • *
  • Activity: 1161
  • points:
    11855
  • Karma: 22
  • FRX: Ferocious Alpha
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: March 02, 2023, 08:45:36 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Do we really need stable coins?
« Reply #125 on: November 23, 2019, 02:02:17 PM »
Stable coins are coins that aims at reducing the rate of losses to traders and even the projects at large. With the little reduction of losses in the carrying out of all needed activities for the success of projects, and the reduction of losses when the market is on a high speed down, that is where its advantage comes in. So, it has gained its place in the market now, and being used.

Offline Cryptowebindo.com

  • Baby Steps
  • *
  • Activity: 13
  • points:
    73
  • Karma: 1
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: December 01, 2019, 02:29:11 PM
    • View Profile

  • Total Badges: 9
    Badges: (View All)
    10 Posts First Post Fourth year Anniversary
Re: Do we really need stable coins?
« Reply #126 on: November 23, 2019, 06:32:28 PM »



Stablecoin is only to facilitate transactions. It can also minimize losses. However, the fee to use Stablecoin on some exchange sites is more expensive than other coins. (see photo above). So in my opinion, we absolutely don't need a stable coin. minimize losses but expensive withdrawal fees than others. lol

yes you are right, in some stable exchange transaction fee coins are even more expensive than altcoin.

and I also think, we don't really need stable coins. one or two stable coins is enough for the crypto market, too many stable coins will only create more altcoin shit on the market. for what there are many stable coins, but do not have a trading volume.

Altcoins Talks - Cryptocurrency Forum

Re: Do we really need stable coins?
« Reply #126 on: November 23, 2019, 06:32:28 PM »


Offline Nostoman

  • Possible Cheater
  • Legendary
  • *
  • *
  • Activity: 3469
  • points:
    16134
  • Karma: -16
  • Trade Count: (0)
  • Referrals: 6
  • Last Active: January 15, 2024, 01:34:20 PM
    • View Profile

  • Total Badges: 28
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Do we really need stable coins?
« Reply #127 on: November 24, 2019, 02:35:31 PM »
At present, cryptocurrenc going to end up.but i am don't beupset because of,i have same cryptocurrency. such as bitcoin,Eth,ltc,ripple and same financial token.resently crupto market condition is not good i am wating for crypto market good condition i think cryptocurrency added any Country.

Offline Goodcat49

  • Legendary
  • *
  • Activity: 1567
  • points:
    1161
  • Karma: 0
  • corion.io
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: September 07, 2020, 11:20:27 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    10 Posts First Post Sixth year Anniversary
Re: Do we really need stable coins?
« Reply #128 on: November 24, 2019, 03:50:48 PM »
Stablecoins are being used by exchanges mostly now but in the future, I'm sure stable coins will be used by many governments and vendors.

                                                                              █
                              █████████                  ██████
                      ███████████████████████████   
              ███████████████████████████████   
            ████████████████████████████████   
        █████████████████████████████████     
    ████████████████████████████████████   
    ████████          █████████          █████████   
  ████████                ██████              ████████   
█████████                █████                ████████   
███████████                █                ███████████
██████████████                      ██████████████
█████████████████            ████████████████
███████████████                  ███████████████
█████████████                          █████████████
███████████              ███                ██████████
█████████                █████                ████████   
  ████████              ███████              ███████     
    █████████        █████████          ████████     
      █████████████████████████████████       
        ██████████████████████████████           
            ███████████████████████████             
              ████████████████████████                 
                  ████████████████████                     

CorionX


















Powered by,

Offline Nostoman

  • Possible Cheater
  • Legendary
  • *
  • *
  • Activity: 3469
  • points:
    16134
  • Karma: -16
  • Trade Count: (0)
  • Referrals: 6
  • Last Active: January 15, 2024, 01:34:20 PM
    • View Profile

  • Total Badges: 28
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Do we really need stable coins?
« Reply #129 on: November 24, 2019, 04:59:09 PM »
Yes, that is not to say that cryptocurrency did not exist 5 years ago. cryptocurrency has now become popular. People in each state are tied to the bridge with crypto. You have asked, do we really need to have a stable currency?
I would say yes, it should.

Offline bxipp

  • Baby Steps
  • *
  • Activity: 34
  • points:
    135
  • Karma: 1
  • i can be your friend
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: September 22, 2020, 05:21:03 AM
    • View Profile

  • Total Badges: 10
    Badges: (View All)
    10 Posts First Post Fourth year Anniversary
Re: Do we really need stable coins?
« Reply #130 on: November 25, 2019, 08:30:19 AM »
Stable coins is not really be needed in cryptos market. they make it so they can produce and make a lot money in a thin air out there. easy money or a quick scheme money for the owners only. Just think how much they can made by only making this so called stable coins at the market. Such a scheme to get easy money.

Offline tervel

  • Legendary
  • *
  • Activity: 1250
  • points:
    26718
  • Karma: 18
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: October 28, 2021, 02:57:57 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Do we really need stable coins?
« Reply #131 on: November 25, 2019, 05:18:06 PM »
A stablecoin is a non-volatile cryptocurrency, typically pegged to a currency such as USD or EUR.I think there are, and we don't need them.

Offline Alcor

  • Legendary
  • *
  • *
  • Activity: 2464
  • points:
    43200
  • Karma: 157
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 23, 2024, 03:10:54 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Do we really need stable coins?
« Reply #132 on: November 25, 2019, 07:38:54 PM »
Gold has been proving for 5000 years now to be the most stable currency in the world.
Gold never go bankrupt
 :)
Gold is not a currency for calculation, moreover, it is not suitable for payment on the Internet, therefore stable cryptocurrencies are created for this, which are convenient for using as payment for goods on the Internet and for trading on crypto exchanges. Stable coins are created supported by gold, dollar, euro and other currencies, this is a convenient solution for use on the Internet.
Yes, stable coins are very convenient to use, because they combine the capabilities of cryptocurrency and regular currency.
Gold has always been, is and will be a reliable means of storing value and a universally accepted means of payment. All these types of financial settlements should and will exist in parallel with each other and will positively interact with each other.

.FX..BOX.
 
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
 
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
 
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
               │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
.FOREX..TRADING FROM $1.
 
.READ MORE.

Offline Bobcrypto

  • Legendary
  • *
  • Activity: 3612
  • points:
    70519
  • Karma: 98
  • Trade Count: (0)
  • Referrals: 5
  • Last Active: Today at 10:35:19 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Sixth year Anniversary Fifth year Anniversary Fourth year Anniversary
Re: Do we really need stable coins?
« Reply #133 on: November 26, 2019, 09:09:59 PM »
Yeah, i think we needed stable coins to stabilize the market from total fall. When bitcoin and other altcoins are experiencing bear market, many will switch over to stable coins, at least to reduce some market lost.

.FX..BOX.
 
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
 
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
 
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
               │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
.FOREX..TRADING FROM $1.
 
.READ MORE.


Senior Member
Code: [Select]

FXBOX
█████████████████████
  
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
  
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
  
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
  
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
                │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
FOREXTRADING FROM $1
████████████████████████████████████████
 
███




███

██████████████████████████████

READ MORE

██████████████████████████████

███
  █
  █
  █
  █
███

Offline Peter90

  • Hero Member
  • *
  • Activity: 792
  • points:
    38613
  • Karma: 64
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 01:25:52 PM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    Quick Poster 10 Poll Votes 500 Posts
Re: Do we really need stable coins?
« Reply #134 on: November 29, 2019, 11:28:49 AM »
Gold has been proving for 5000 years now to be the most stable currency in the world.
Gold never go bankrupt
 :)
Gold is not a currency for calculation, moreover, it is not suitable for payment on the Internet, therefore stable cryptocurrencies are created for this, which are convenient for using as payment for goods on the Internet and for trading on crypto exchanges. Stable coins are created supported by gold, dollar, euro and other currencies, this is a convenient solution for use on the Internet.
You are right, as far as you are talking about pieces of metal.
You are not right, if you are talking about gold-backed cryptocurrencies  :)

Through gold-backed cryptocurrencies, gold becomes suitable both for payments on the Internet and for trading on crypto exchanges.

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod