Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: frknbbr on October 16, 2018, 01:42:47 PM
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Recently there were another Tether fud and it affected the market. I used Tether at Binance coz Binance doesnt let us to use usd or euro. But its hard to trust Tether and Bitfinex. What do you think about Tether and other stable coins. Do you think they are practical or have future? Which stable coins do you use?
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It is possible that such coins will be created in order to convert state fiat money into digital format, but as for me there is no point in such coins, because they are not able to grow, because they are attached to something!
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It is possible that such coins will be created in order to convert state fiat money into digital format, but as for me there is no point in such coins, because they are not able to grow, because they are attached to something!
I think similar with you. They dont have any community support and they dont need too. They are allocated to just a purpose. I dont think that they are different then money inside a credit card :D
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Stable coins don't have large community and I think they can't grow further again in the future
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Stable coins can quickly become. the universally recognized international currency of the future.to give everyone the opportunity to participate in the development of cryptoamnesia, without compromising security and freedom.
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I personally did not hold back the stable type of coin because I would find it difficult to benefit from the coin. In my opinion, it's better to hold altcoins that fluctuate in price faster because they can be traded for the short term.
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Stable coins like Tether will be difficult to trade and take profits. That's why I don't hold back such stable coins. But for safe reasons, I think stable coins will be a safe investment because rising and falling coin prices will not be too far from usual.
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To my opinion Stable coins don't have large community and I think they can't grow further again but maybe in the future
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I think the only thing that makes those stable coin to be stable is because they have a working product, and they are highly supported.
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i think stable coins are not crypto currency bcz crypto cant be stable but stable coins are good for crypto ecosystem
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I really happy to see these new stable coins. Because these stable coins will take some marketcap and tethers marketcap will decrease in near future. So if tether will crash market will be rekt. But if tethers marketcap continue decreasing like that that crash will not important for crypto space. So yes new stable coins are really good news for us and crypto's future.
I am using personally True usd and i am really happy .
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Stable coins are very convenient and practical to use. I am very pleased with their appearance. Moreover, the USDT has even appeared in the MyEtherWallet wallet. They are very practical for use in many cases as a buffer between a cryptocurrency and a regular currency, as well as when it is just necessary to urgently withdraw funds from a certain type of cryptocurrency, but you have not yet decided where to invest them further or for a subsequent transaction the time has not yet come.
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I don't hold a stable coin. But for safe reasons, I think stable coins will be a safe investment because rising and falling coin prices will not be too far from normal. A stable coin like Tether will be difficult to trade and take advantage.
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Tether and other stable coins and other stable coins in the Crypto World have indeed surprised us all. Because almost all the price coins have dropped, but only those who are strong in maintaining the price to remain stable. This is a good thing, it is possible for Tether and other stable coins to become the next target for users to be able to do business in it. And this is very profitable.
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Tether has a big influence on the exchange of proven binary class when there is a shock on the USDT, the market immediately experiences a serious decline. until news appears that can recover everything, otherwise crypto will continue to deteriorate a few days ago. being stable coins can affect the market very much when they have moved beyond the path they are currently making
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First let us define what is stable?
firmly fixed or not likely to move or change:
For example:
If the foundations of the house aren't stable, collapse is possible.
After several part-time jobs, he's now got a stable job in a bank.
The hospital said she was in a stable condition (= not likely to get worse) following the operation.
ECONOMICS, POLITICS a stable economy, country, system, etc. is able to continue in a regular and successful way without unexpected changes:
a stable economy/country/government
financially/economically/politically stable
The company must now focus on operating a more efficient and stable supply chain.
stable jobs/employment A proposed merger has resulted in key staff quitting in order to find more stable jobs.
Meaning from https://dictionary.cambridge.org/us/dictionary/english/stable
Stable coin is unmovable, unchangeable, because fixed matters the most.
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Stable coins cannot be traded and taken profit. But stable coins can be a good alternative payment. Because there are no significant fluctuations that occur on stable coins.
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Although it cannot be traded, stable coins are a safe asset for safekeeping. I think this stable coin will boom into a good payment system going forward. And maybe the existence of this stable coin will defeat the coin votality.
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Stable coin is stable it means it won't be move in crypto no matter what comes against it he can survive. It is tradable but depends to what we would like to do.
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These stable coins like Tether and Bitfinex deserve our thumbs up. Because at this time the Crypto market is down and almost all Crypto has decreased in price and even dropped but Tether and Bitfinex and their friends did not experience a decline and the price remained stable. I don't know why like that, but Tether and Bitfinex are great coins to be used as temporary escape coins.
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I like the idea of the stable coins since they are the way to take profit and stay still in the bear market. But I don't know if it is good or not to have more than one stable coin in the market. I think one is enough, and others are trying to take some market volume from the first one, and I don't talk only for Tether. My opinion is not related to the name of a coin, I mean any stable coin.
But, I didn't use any stable coin. I just didn't need any of them. I know that I would be in the better place in this bear market, but it doesn't a problem for me.
Hope you guys used them wisely.