Post
Topic
Board Economics
Re: Impact of USDC - Circle - & other Stable coins. Dangerous.
by
timotron
on 21/10/2018, 07:16:24 UTC

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?

Gains with stablecoin are made by shorting most cases, but you can see the price is just stable to 1USD, not to some amount of Btc



The yellow line is VS BTC, and there are chances to make some profits


and here another example.



Yellow again for VSBTC

Got it?