Do we really need stable coins?

[AL SHAIMON 1293]

Yes, we all need stable coin. This is a very important coin for all traders. They can hold their profit buying stable coin. However many stores support stable coin as payment. For those we need stable coin.

[selfmade 7]

3 hours ago, DrAhmadAlkazem said:

Absolutely you're right..

Stable coin is very necessary for everyone who invests their money, it's working like a refuge for these people. Also it can work like a safe place to store money for a long time without any losses. 

Good luck 

I also think that bitcoin failed to be used as real money to buy and sell stuffs with because of it's volatile nature, well stable coins would solve this as they seems perfect for the job.

[ja8u2s 130]

Undoubtedly, some of us need the coins to have a few moments where their value varies in order to make good investments. but if to make money.

[Oki 675]

As a Trader, I think stable coins are not needed because there is no price fluctuation there, whereas trading requires price fluctuations to take advantage of existing profits. Decentralized coins are coins suitable for trading, their volatile value can be exploited by buying low and selling high.

[Obliv0n 333]

Cryptocurrencies are not characterized by having a stable value, in fact they are recognized by the volatility of the market, that is why stable currencies play a fundamental role by offering an alternative where investors or traders can protect themselves from instability.

[Pranto1 40]

Stable coins are needed because they are a way of doing business and volatility does not change the price of what you bought much or if you are taking money that you do not loosen.We have stable currencies to be able to shelter our earnings when the price of Bitcoin suddenly falls, if I think they should.  Stable currencies exist, especially for the benefit of those who trade.

[Jonson Smith 343]

I would say that for general reason imagine that on December 17 you grew up to 20k up when you saw that you were holding Bitcoin and then you would be afraid that it would only transfer your purchase to a stable currency and secure your funds.  The market itself becomes very volatile, when prices will rise or when we may face losses, no one knows, I think it is not possible to bet on a stable currency now.

[Mr john 12]

I think we need them even if it's only for hedging. Also Stable coin will be effective for an ecosystem that wants to operate in the traditional market and with it, users of the platform will be able to edge the platform utility token against normal crypto volatility.

[Shebiii 203]

On 1/1/2020 at 4:15 PM, Delgboke said:

I think if we should look back in 4 years back in cryptocurrency industry, crypto do very well to be stable in the price value, but is very difficult this days to see crypto that's actually valueable, not until we started seen stable coins in the crypto market but there's no change in the value, Do you think we need stable coins? 

No mate it is not good wish. The volatality of coins is beauty of coin. We can earn more if value of coins increase. In the same way we can get harm if its value decrease. But we know that in buisness one benefit is other loss. So its volatility is better than stability.

[Hala Hala 178]

There are no stable coins. Stability is far from the world of cryptocurrencies. Currency rates are always and never dependent on market prices ranging from high and low. And if they stabilized, do not exceed hours until they return to a state of instability.  .

[joemcgwa 3227]

On 1/15/2021 at 5:39 PM, selfmade said:

I also think that bitcoin failed to be used as real money to buy and sell stuffs with because of it's volatile nature, well stable coins would solve this as they seems perfect for the job.

Sure mostly of store will be feared to sell their goods by using bitcoin because they are feared when bitcoin done massively  bearish they got loss while their capital is circling always.

[jnbezchess 1066]

Cryptocurrencies are still very new in the economy and the market for only 10 years, and many have not even learned about them yet. I think they need more than 10 more years to start achieving relative stability.

[AdCoins135 37]

Yes we need a stable coins, it will help us to trade, we will be able to trade with coins like tether and also other ones like binance stable coin and many like that, with them we can trade them with coins that are not stable to gain. 

[Mário Figueira Fernandes 21]

We ought to have stable cash included in cryptocurrency list for clean transactions and evaluation to also maintain a fixed price of coin in thoughts it also has the tendency to stabilize the fee of coin although the cryptomarket falls...

[Sandra98 199]

Certainly we need stable currencies my friend, there are many times when analysts expect a general downturn in the cryptocurrency market, and in this bear market you can freeze part of your money in order to reduce your loss and then return to enter from the low points.

[selfmade 7]

23 minutes ago, Sandra98 said:

Certainly we need stable currencies my friend, there are many times when analysts expect a general downturn in the cryptocurrency market, and in this bear market you can freeze part of your money in order to reduce your loss and then return to enter from the low points.

The best reason I think we need these stable coins is that, these other coins when they go down they go down together following the bitcoin trend, at times like these they only option is to move to stable coins.

[LOLIA NAHHAS 339]

We definitely need stable currencies so many stable currencies are developed daily. Traders need stable currencies mostly while stock exchanges do not need to keep large amounts of fiat currencies in their bank accounts in order to be able to cover traders, they use stable coins.

[Nonahassan 915]

Of course, it is indispensable. It is very good, it is characterized by safety and speed. It is very good because it is stable and excellent in trading and doing all things, such as keeping money away from trading fluctuations

[hasibul 5]

Stable coin is ideal for investor and buyers, if any coin is stable between 20 sat then dealer can perform a little scalping for you to make a few profits. by doing few times it'll make your investment double. i continually opt to exchange in solid coin along with doge coin, ripple etc.

[Mfe 109]

Yes we really need a stable coin. And not coins that will come today and will be gone tomorrow we need them to be stable so that we may know its value and know the worth, and not to invest in something that may vanish one day.

[Sophiya 67]

Yes i really need a stable coin.and this coins will be very useful for all of us.And not coins  will be coming today and  it also wil be gone tomorrow .so we want them to be stable so that we  all may know its value   and everyone get trust in this and invest time for this work also they don't have the fair to cheated.

 

 

 

 

[jackycrypto485 1055]

Certainly, we need a stable coin such as USDT, BUSD. These currencies are necessary to maintain the value of your assets in the event of a decline in the market, each of these currencies is covered by one real dollar, and therefore in the event of a decline in the market, your currencies can be converted to it and maintain its value.

[kenan975 54]

While cryptocurrencies are considered by many to be an investment asset class, we must not forget that the original purpose of decentralized digital currencies is to use them as trading currencies. Volatility has been the biggest obstacle to cryptocurrency payments in the world. The use of cryptocurrencies as a payment method has been slow, but over time it has gained momentum. Payments with Bitcoin have always been easy, but it has taken longer for merchants to trade widely. Apart from Bitcoin trading on more than 200 exchanges around the world this is on the rise.

[Hanbal 359]

We all know stable coins has a fixed value and it value rarely changes unlike normal cryptocurrency when the price fluctuates consistently the best part for a stable coin is by buying ,  it is not because the value should increase 

but because it will save you rom loss.

[Rose85 13]

On 1/1/2020 at 5:15 PM, Delgboke said:

I think if we should look back in 4 years back in cryptocurrency industry, crypto do very well to be stable in the price value, but is very difficult this days to see crypto that's actually valueable, not until we started seen stable coins in the crypto market but there's no change in the value, Do you think we need stable coins? 

I don't know much about cryptocurrency.  But I think we need stable coins.  And we can work on that very quickly.  For this we must adopt a good approach.  And a stable currency will solve many of our problems.  It can be exchanged at any time.  As a result, its price will not be less.