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What are your thoughts on stable coins? Do you see potential behind the concept? Feel free to leave a comment below! Thank you all so much for watching the video. If you enjoyed the video, please consider dropping a like and subscribing. Running into some trouble or questions? Feel free to leave them down in the comments below!
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What do you guys think about EURS stablecoin?
What do you guys think about EURS from Stasis?
Trading on Binance. Bought BTC near the bottom. I want to protect my % gain and using TUSD will do this as it's pointless riding BTC down. I'll reenter BTC once it stabilizes and I'll be able to purchase more at a lower price. This is how I use stable coins to protect my gains. I was using tether before, switching as the trust is gone from tether.
Great video! I think stable coins are the future of mainstream transaction adoption. Cryptos are great for storage of value – I would say many of them can perform that function not just Bitcoin. For example I think ethereum has great potential for converting between stable coins and ethereum as a storage of value. I'm interested to see how this develops in the future.
Nicholas, thank you for all your videos. As I research crypto, I would find it very useful if your episodes had show notes on your website that included the correct spelling and website links for the technologies you name drop.
Which stablecoin should i use on an exchange to park my money and wait for the next BTC low e.g.?
gusd and trueusd are just bad idea
Calling the dollar stable is very naive. I expect the dollar will go down sooner as the most think. Stable coins have a system like QE (not 100% backed by real value) which is the very reason why the dollar and the unstable financial structure will fall.
What do you guys think about EURS stablecoin? I think it's the most reliable stablecoin huh?!
MFT OS, APRIL 15
You are going to be hearing about DGTX soon and its going to make big waves in the crypto space. Don't miss out or you all will regret it.
Stability provided by coins is a myth. There is no stability, even now, when we have a bunch of them. When the shit happens on the market I use Tether in which I hide my crypto for a while 🙂 no other use…
Stable coins should help us make the crypto market more adapted to the real sector of the economy. USDT works in this field for many years. It's time tested and SEC checked. So why do we need more?
I have been blind to the world of crypro currency unitl I was Introduced to the swat v trading strategy
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Great video buddy. Can you comment on pewdiepie supporting dlive?
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DAI is good one. Trueusd, gemini are not stablecoins for me.
I don't mention facebook stablecoin…
In terms of pegged stablecoins I think it is worth to mention EURS issued by STASIS. They are way more transparent providing weekly verification and quarterly audits from BDO Malta.
Nicholas for president of PROC 2020
Nicholas, could you do a video about how to set stop-losses? I was burned on Ethereum last year.
DATADASH is a great candidate for the S.Korean makeover… make him a KPop Idol
Today is x, y of twenty nineteeeen~
Just realize, it requires ETH to exchange ..
Give it to me straight Nick, how safe is my USDT?
I love this guy!!
Best explanatory video about crypto usage so far.
Thank u for the Great Video!
now I see better that sablecoins are very important for the transition from Fiat to Crypto.
Google Translate 🙂
Fiat isn’t stable
Interesting and informative video. Hopefully long term Bitcoin will be the main Stable coin!
I liked your video DataDash, but you did not speak about the risk. Basically, if you put your wealth into a stable coin at this time-point you are trusting the whole etherum network. If ETH fails, all stable coins fail. It would be good to add a comment on the risk.
I'M ALL IN ON Tether!
I expect a moon soon.
Missing the longer daily updates with market analysis, a bunch of news stories, and macro picture.
Very informative Nick, thanks for doing this overview!
I only use stable when I’m in a pinch and can’t cash out to fiat
Stablecoin = A very temporary means of adoption. They cant last…
Very informative. Thank you.
Surprised you did not get into the Tether questions, it is crypto's Achilles heel IMO
It's simply mean if dollars goes down stabile coin will also goes down because he follow the usd ..
Thanks brother for such a great info,by the way who is the best satbile coin in the market
Stablecoins are wash trading and trading bot cash out options which ruined the market by allowing bots and whales to hide out instead of "cashing out" into BTC or fiat. The Federal Reserve act of the Cryptosphere. Did it in two sentences!
I've put 100k into USD-Tether. Wish me luck ??
What I've been always wondering is, how does Theter and TUSD generate revenue? Are they getting fees when their coin gets traded or is it like a hedge? And would that mean it's in their interest that bitcoin drops in price?
stable coins = more normies = higher market caps
Nick, do you use stable coins? I'm wondering what the use is if you can just use let's say EURO on Kraken. I feel like the euro is still stronger than tether isn't it?