Post
Topic
Board Altcoin Discussion
Re: Stable coins
by
Semaj123
on 05/10/2018, 18:28:13 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

Definitely, as we all know cryptocurrencies always behaves unnaturally which means every now and then, there's a movement. Which I can say that, coins really are unstable due to maybe it's decentralized.