Post
Topic
Board Altcoin Discussion
Re: Stable coins
by
Iarnnoshre
on 05/10/2018, 16:30:59 UTC
Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?

Which stable coins are you talking about? Tether and similar or just coins with 0 volume on the markets?

Do you think the teaser is a stable coin? In the westerly market, the tether is considered to be a scam. On this wave, the Winklevoss brothers released steakblokoin GUSD and will slowly bite off a piece of cake tether. As well, the head of the Binance Exchange proposed PAX tokens as an alternative to a tether. So not everything is so rosy with a tether.
there can be good coins and even perfect one but the market is the market and you can never tell with it for sure especially right now