Quote from: stompix on November 05, 2018, 10:01:00 AM

Quote from: Betwrong on October 20, 2018, 03:52:26 PM

Quote from: stompix on October 18, 2018, 03:29:42 PM

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First off, thanks for your explanations! Now, it's an understandable move on the part of the issuers of new "stable" coins, to make new ones for people to buy. But what makes them(issuers) so sure people would buy them? If there are people who love those coins so much why wouldn't they stick to the old ones? It is always risky to invest in something new and untried, and seeing that USDT has been around for some time, why look for other options? Normally, although taking risks, people expect big gains when investing in new altcoins. But what gain can one expect investing in a "stable" coin?

Oh really late on this ....

But you could easily force people to do so when you have an exchange to back you up and they can acquire it pretty easy.
Then you either force the other stable coins out and introduce your own or just make sure to manipulate volume so they move to it.

Then other exchanges will add your coin (via bribery or pure out of customer demand) and you're set.
And GS has both the power and the money to make it happen.
USDT has been around for a long time but...at 96 cents it was;t that much of a stable coin.

Quote from: timotron on November 02, 2018, 12:59:11 PM

I lost track of Stablecoins, how many are there now?

Too many

And be prepared to have some more.

A friend told me that some exchange in Romania has launched its own stable coin or stablelion. (god how this sounds in English Grin

).

Latest count said there are 150 stablecoins right now, but only a handful are active and trading