Do we really need stable coins?

[Ryanpogz]

In my opinion, a fixed or stable coin is needed to continue to exist in crypto currency like Etherum, which in my opinion is quite stable, even this coin is very much favored by crypto currency users to transact from one coin to another,

we can pay attention to all existing data, see coinmarketcap and coin analysis whichever has a fairly stable range. There is no coin that has perfect stability. But I personally prefer coins that have a high potential of increase, so I can gain a number of benefits and for me it is a good opportunity. The investment we make certainly has a purpose and that is why we have to choose the right coin.

[Peter90]

True crypto enthusiast does not like stable coins, because it is not profit oriented,

Very true.
Until now crypto enthusiasts are basically traders, profit oriented as you rightly say.
I'm all for Stablecoins, in particular commodity backed Stablecoins, and usually I sense some bad vibe within crypto forums   

The first generation of cryptos have been unbacked cryptos, whose volatility is unavoidable.
This feature fit traders, profit oriented users.
But on the same time it prevents them from being deployed as money, as a store of value and a means of payment.
That's where Stablecoins imo come to play

[Altcoin1998$]

Not only me but also all others investors and traders need to be had a stable coins. Stable coins have no risk to reduce prices over market crapsh. So we need stable coins.

[tarolog]

A lot of stable coins.  Anyway, people use mostly several of them.  Therefore, the question arises - why do we need the rest?  So that they just were?

[Payme21]

I think stable coin has its advantage in as much as you cannot profit with it, it gives you the confidence that your coin ain't gonna loose value

[gurunanakji777]

Stable coins are the demand of time. I think stable coins are there for the traders. Most of the traders convert their coins to stable coin when they analyse market will drop and that way they keep their total value secured through stable coins and buy back coins again when then analyse will rise back and in my opinion this is the best use of stable coins.

[aji678]

in my opinion we need stable coins, one of which is bnb. I see this one coin is quite stable and even increases slowly but surely. I like this coin and hold a few bnb.

[Niteroy]

in my opinion we need stable coins, one of which is bnb. I see this one coin is quite stable and even increases slowly but surely. I like this coin and hold a few bnb.

The topic is referring to whether the crypto market needs a coin whose price is tied to a dollar, pound sterling, euro and other national currencies. BNB is not stablecoin, because its price is not tied to any existing currency, its price was recently $5, $7, $20 and now $30 for one coin, while for example USDT always cost $1, that is the difference between stablecoin and classical cryptocurrency.

[Filo]

I also think that stable coins are needed and useful. But I do not want to see hundreds of them. A few of them is enough if they are managed by a trusted team. 

[Rofiastuti]

Yes, I think we need stable coins to anticipate if we have sudden needs. so I have to sell but I prefer the coin up and down, so we can benefit from the coin.

[aldenlim]

if we look at 5 years back, cryptocurrency can still run and develop even though at that time stable coins did not exist,
but now stable coins have appeared and many of them,
I sometimes ask, do we really need to have a stable coin?
because I feel stable coins are made one of them to enrich the team and dev,
because if they sell coins it won't affect the market because it's a stable coin,
this is only my opinion,
so give your opinion so that I have a lot of insight.

I agree with that but stable coins make the trading experience even better and a volatile asset
should be paired with a stable coin to make profits maximized when trading in this industry.

[Delgboke]

Yes we need stable coins because that's the main reason readied we invest on cryptocurrency, if we don't need stable coins there will be no need to do long term investment when it comes to cryptocurrency industries, stable coins are the motivations behind every coins.

[Noverteno]

Stable coins are definitely very useful for working with cryptocurrency. This is a kind of buffer between the usual currency and cryptocurrency. Not being a full-fledged cryptocurrency, stable coins make it very easy to use.

[sampoerna]

I also think that stable coins are needed and useful. But I do not want to see hundreds of them. A few of them is enough if they are managed by a trusted team.

I agree. Some stable coins should be enough yet they are not really suitable for investment assets but those are helpful to store our money without fear of losing the values. As the name of stable coins, the values of those coins cannot be influenced by other coins.

[Cryptoz]

I think that we need those stable coins. Although the nature of cryptocurrency is the fluctuation and its volatility, sometimes, we need the stable one to stabilize the market. But even they are stable coins don't mean that they are really stable. They are also changing but not too much.