Arguably, the most important component to stablecoins is their reserves. Fiat-backed stablecoins are backed, or collateralized, by fiat currencies like EUR, USD, or GBP. Stablecoins serve as a much-needed antidote to price volatility in the cryptocurrency markets. Bitcoin's price volatility is what is keeping new investors from making any investments in their currency. Disadvantages of Stablecoins Despite the fact that blockchain technology aids transparency, there are still ways for companies to hide certain crypto movements and effect the value of the currency as a whole. Investors need proof the coins are backed by reserves. Since 2017, Tether has blacklisted over 37 addresses after requests from U.S. law enforcement. Basis and other algorithmic stablecoins share many of the same advantages as crypto-backed models, namely that they are fully decentralized and provide opportunities for savvy investors to turn a profit while supporting the platform's overall stability. Stablecoins are highly scalable, as there are no fixed reserves . WASHINGTON, May 12, 2022 - The U.S. is falling behind China as the central bank ponders whether to adopt a digital currency, according to observers. To ensure assets are accounted for. Bitcoin vs Stablecoin. Apart from giving stablecoins stable value, the asset . Dependent on the Asset These currencies can be risky because they are completely dependent on underlying assets. It is important to consider the risks of stablecoins before you buy them. They offer safe-haven price stability in a market known to be volatile. Censorship of centralized stablecoins is one major disadvantage. Stablecoins offer many benefits that Bitcoin does, such as seamless peer-to-peer transfers, lower fees, and highly secure transactions. Presently, it is the biggest and most popular stablecoin. The major difference between them is: Stablecoins are cryptocurrencies that are backed by other assets like U.S. dollars, euros, and gold—all for the purpose of giving them stable value and reducing volatility. Additionally it eliminates the use of third parties and transactions are peer to peer. DeFi . Stablecoins are cryptocurrencies whose market value is pegged on an external reference, such as the US dollar, other stable commodities, or cryptocurrencies. If the price or value of the underlying asset weakens, it affects the token and all its holders. Although these are simple, decentralised, and pretty transparent, crypto-backed stablecoins have some disadvantages too. Association with underlying asset. Traditional banks offer way less than 1% annual interest, digital banks offer around 2 - 4% annual interest while crypto savings account offers 5% or more interest. Additionally it eliminates the use of third parties and transactions are peer to peer. Dai — Dai is a popular decentralized stablecoin developed by Maker. Less volatile - Because stablecoins are tied to assets that are less fluctuant in price, they can keep their initial price without bringing drastic changes as other cryptos do. Subsequent stablecoins have no original idea. Centralized stablecoins have several disadvantages. Stablecoins are a class of cryptocurrencies that are backed by a reserve asset. Stablecoins can have various sources and assets as collateral. Their daily fluctuation is almost negligible, which helps to protect you from market volatility and risks. According to experts, the centralization and control of financial flows by Coinbase and Circle can be considered a certain disadvantage of a stablecoin. In this way, the token remains stable and holds its peg. The Disadvantages of Stablecoins Whereas cryptocurrencies such as BTC are fully decentralized, the same can't really be said for stablecoins because of how underlying assets need to be held in reserve. The Gemini Dollar has increased by a few cents several times in the . Investors need proof the coins are backed by reserves. Disadvantages: Centralized, unsafe, audit failures. For example, the USDT coin has barely moved from a $1 value. The possibility of blocking funds is excluded. They are the faster, cheaper, and a . The asset to which the stablecoin is pegged could be a fiat currency, such as the US dollar, or a real asset like gold. From these loans, automated programs generate new SCs accordingly and maintain price stability to the underlying asset. In October 2021, the International Organization of Securities Commissions (IOSCO) stated that Stablecoins should be regulated as financial market infrastructure such as payment . Pros of Stablecoins Stable Value. Fantasy Stocks . Stablecoin Disadvantages. Stablecoins are centralized and easier to bridge from fiat to crypto exchanges. The biggest advantage is of course - higher yields. They have low fees and secure transactions since fiat-related regulatory processes are involved. It is important to consider the risks of stablecoins before you buy them. Disadvantages of Centralized Stablecoins. This is a disadvantage since it means there's no way for users to know if their tokens are actually backed by "real" money. Here are all advantages that this type of cryptocurrency offers. Rather than being stabilized by the arbitrage incentive, UST's price woes were made worse as floods of LUNA entered the market. Disadvantages of Smart Contracts . That means the coin is governed by the . The first issue with which all stablecoins must first contend is referred to as "the oracle problem." This issue revolves around transparency of market conditions and ease of acquiring information about the exchange rate between the stablecoin and the asset against which it is pegged. Tether. Absence of Decentralisation. Non-collateralized stablecoins rely on smart contracts to sell tokens if the price falls below the peg or to supply tokens to the market if the value increases. Advantages vs. Algorithmic Stablecoins: use a range of blockchain-based mechanisms to maintain their fixed price. However, it could also be taken as a disadvantage as its . The most popular types of stablecoins are centralized and But this disadvantage is offset by the high level of transparency of the cryptocurrency, which Tether can't boast. Makerdao. Fiat-backed currencies must always work with a centralized party. Disadvantages of Stablecoins. At the same time, there are centralized stablecoins and decentralized ones, but this principle is maintained regardless of the chosen strategy. However, many stablecoin issuers do not provide this transparency. While the whole crypto world is trying to avoid the necessity of having a mediator, fiat-backed stablecoins are very controlled. What are the Disadvantages of Using Stablecoins? Far from it, in fact! This advantage is especially noticeable with transcontinental and international payments. In Tether's case, this has never been conclusively provided, sparking rumors that the currency was unbacked and was in fact minted out of thin air. Let's look at how they work, shall we … source These are the most common types of stablecoins backed at a 1:1 ratio, meaning one stablecoin can be exchanged with one unit of currency. Main disadvantages of Instagram: Although many people are getting weird reactions from Instagram from many aspects. . On the other hand, others have argued that currencies such as the US Dollar are not good collateral owing to their own inflationary nature. In addition, it could be said that because the fiat . In Tether's case, this has never been conclusively provided, sparking rumors that the currency was unbacked and was in fact minted out of thin air. Stablecoin inflation tax. Stablecoins (SCs) are a type of cryptocurrency linked to a more stable asset, such as the USD, gold, or other cryptocurrencies, which act as collateral (as a reserve, if you will) for SCs in that, whenever an SC holder cashes out their tokens, an equal amount of assets is taken from the reserve. Fiat-involving processes involved. Investing in cryptocurrencies like Bitcoin has turned out to be a big risk. Disadvantages of Stablecoins. Less Return on Investment. Currently, there are several stablecoins available on different exchanges. Stablecoins, unlike all decentralised cryptocurrencies, are owned by a single entity—in other words . On the other hand stablecoins are managed by companies that maintain the peg. One of the goals of Stablecoins is to keep its value in the crypto market stable. Stablecoins are a unique type of digital asset that retains the advantages of traditional cryptocurrencies, minimizing their main disadvantage — volatility. Let's take a closer look at some of them. What are Stablecoins? Disadvantages of stablecoins. First, they find the wrong person mostly because if they go with a social media celebrity then they have to charge more for them. 1. Stablecoins serve as a much-needed antidote to price volatility in the cryptocurrency markets.Let's look at how they work, shall we?Most of these digital cur. Experts expressed concern about the U.S. falling behind China on the development of a central bank digital currency. While stablecoins do offer some security advantages to those comfortable enough with using them, there are risks. Because of this, the stablecoins are not a sustainable solution to the very same problem at Bitcoin is trying to solve. There are a wide variety of stablecoins in the cryptocurrency market which are generally divided into 4 main categories. DAOs . Typical stablecoins: MakerDAO (DAI) 4. Tether or USDT is undoubtedly one of the important additions to a complete list of stablecoins. Crypto-backed . You can easily remit money to your family overseas, making stablecoins borderless. Fiat-Backed Stablecoin The main advantages and disadvantages of stablecoins. The disadvantages of stablecoins. It is considered one of the most reliable and proven stablecoins in the market. Disadvantages of Stablecoins The disadvantages of stablecoins are not unique to their purpose, but rather to the centralized or decentralized model by which they are issued. Disadvantages: the degree of the rate stability compared to fiat stablecoins is not so high; the probability of automatic repayment in the pledge cryptocurrency in case of a sharp fall of the stablecoin rate; dependence on the viability of another cryptocurrency (or a digital currency basket); more complicated system compared to fiat stablecoins. That is the reason they choose a mediocre Instagram . Being subject to higher fees on exchanges. Regulations Cryptocurrencies are not tracked or scrutinized by regulators. The overarching advantage of stablecoins is they act as digital assets free from the erratic price fluctuations of traditional coins. There are even stablecoins that are equal to the price of gold, silver or platinum. Association with underlying asset. The Gemini Dollar has increased by a few cents several times in the . What are the Disadvantages of Using Stablecoins? There is no one person or group that controls it. The disadvantages of stablecoins. What are the disadvantages of fiat-backed stablecoins? Trading Leagues . Seignorage-style coins use an algorithmically managed approach to expand and contract the money supply of a stablecoin, in the same way a central bank prints or destroys money. For stablecoins, this is not the case. Stablecoin: Advantages And Disadvantages One of the main cryptocurrency characteristics is its high volatility. To find out which will be a better investment for you, is it the answer to cryptocurrency volatility- the less volatile stablecoins or is it the original crypto-, the more profitable Bitcoin. Advantages and disadvantages of decentralized stablecoins. For them, a stablecoin seems like a good option to invest in. Algorithmic Stablecoins: use a range of blockchain-based mechanisms to maintain their fixed price. Its major disadvantages: Centralized System: . Bitcoin . Academic push-back against algorithmic stablecoins. Some investors might withdraw their crypto assets. "If other countries are innovating in a direction that could represent a . Examples of fiat-backed stablecoins include Tether (USDT), Binance USD, USDC, and True USD. Third party. This article will introduce you to the pros and cons of both stablecoins and Bitcoins. Stablecoin Disadvantages Requires Third Party. Disadvantages of Stablecoins. However, some stablecoin issuers are less than transparent about where the collateral is being held. Investing in cryptocurrencies like Bitcoin has turned out to be a big risk. Primarily, this applies to stablecoins that are pegged to fiat currencies. Some traders use it for their own benefit, but for most people it is inconvenient. Stablecoins are stable cryptocurrencies that are backed by real-world assets such as fiat and precious metals. Disadvantages of stablecoins. But there are some controversies that caused the delay of its launch. Centralization — all support is with the project owner. These are the key disadvantages to consider before deciding whether to invest in any type of stablecoin. Advantages and disadvantages of decentralized stablecoins pros Independence from government or traditional financial institutions. Ethereum . Stablecoins are an excellent and safer way to back up your reserves. On the other hand stablecoins are managed by companies that maintain the peg. It is common for a stablecoin, like USD . The stablecoin has since dropped to as low as $0.19 on FTX. Lack of Transparency With Reserves. But we first need to differentiate between the . Unlike other cryptocurrencies, such as Bitcoin, stablecoins offer fewer return-on-investments because of their stability. However, many stablecoin issuers do not provide this transparency. Fortunately newer stablecoins are starting to undergo audits to help alleviate their users' concerns. The disadvantages of Stablecoins include: Lack of transparency. The Disadvantages (See more: Crypto Beginners Guide: 5 Things Crypto Newbies Should Know) Categories of Stablecoin. In conclusion, Bitcoin is a decentralized coin that has really high volatility and cannot be controlled by anyone. Stablecoins can also help you avoid spending money on fees to convert currencies or paying foreign transaction charges. "2️⃣ ADVANTAGES OF #STABLECOINS They make several financial processes quicker They charge lower fees They are borderless They offer complete translucency New features can be added to them according to the changing requirements" The beauty of cryptocurrency is that it is mostly decentralised. Part of the crypto community believes that one of their main principles suffers from this — anonymity. After recent regulation fears , algorithmic SCs have grown in popularity as they tend to be more structurally decentralized. Disadvantages of Stablecoins. Some popular stablecoins are Diem, Tether, Dai, and USD Coin. This means they are not so decentralised. After recent regulation fears , algorithmic SCs have grown in popularity as they tend to be more structurally decentralized. Calling Luna's UST "unstable", starting May 8th would be an understatement. The disadvantages of stablecoins are not unique to their purpose, but rather to the centralized or decentralized model by which they are issued. 1. The possibility of blocking funds is excluded. In the cryptocurrency market, stablecoins are divided into four main categories: Fiat-collateralized stablecoins. Pegged on these more stable asset classes, stablecoins have low volatility as they imitate the price of these stable assets. Traders and investors typically desire higher returns and may resort to other means for financial gains. Apart from them being safe because of their stability, there are some of the other advantages include: Borderless Payments Just like Bitcoin, stablecoins. pros. The stablecoin has since dropped to as low as $0.19 on FTX. Stablecoins aren't necessarily stable. While stablecoins do offer some security advantages to those comfortable enough with using them, there are risks. Independence from government or traditional financial institutions. Stablecoins streamline this process by having a tokenized option of preserving your value in USD. In addition, it could be said that because the fiat . Academic push-back against algorithmic stablecoins. Disadvantages of Regulating Stablecoins. There are also some disadvantages to stablecoins. Centralization. Disadvantages of Stablecoins Third-party audits required. Stability is achieved through two commitments. Stablecoins aren't necessarily stable. Reserves that store the collateral should be checked and audited for investors to know the riskiness of the coin. Key Points: Therefore, users have to develop trust in a third party. Otherwise, it is impossible to provide safety and the link between fiat money and stablecoins. First of all, the issuer can easily manipulate and control the value of these currencies by changing their rules or technical implementations at any time. Conclusion . Stablecoins have become hot in demand today mainly due to the . Stablecoins are cryptocurrencies that are somewhat stable and are linked 1:1 to a currency that we currently use a lot. The major advantage of stablecoins is the very low volatility that makes them convenient for real-life payments. Collateralised Stablecoins: use smart contracts to "lock up" other crypto assets as collateral for loans. . Requires trust from an entity. Rather than being stabilized by the arbitrage incentive, UST's price woes were made worse as floods of LUNA entered the market. Stablecoins . It is possible to mint even a small amount of tokens, while centralized stablecoins are usually minted by large investors. Second, the issuer holds assets to back its obligation to redeem the outstanding . They are a universal unit of calculation, convenient for trading, storing capital and protecting an investment portfolio from the volatility of cryptocurrencies. External Audits Needed. Reserves that store the collateral should be checked and audited for investors to know the riskiness of the coin. Because of this, the stablecoins are not a sustainable solution to the very same problem at Bitcoin is trying to solve. At the end of the day, stablecoins and cryptocurrency are one in the same. Stablecoins have a few disadvantages that do not permit it to vie considerably among the highest cryptocurrencies: Not suitable as an investment asset. Disadvantages of Stablecoins Third-party audits required. Calling Luna's UST "unstable", starting May 8th would be an understatement. We invite you to find out how stablecoins can help your e-business and how to start accepting payments via NOWPayments plugins. Disadvantages. Most people use stablecoins because they offer some anonymity. There are three primary approaches to resolving this problem: Stablecoins might come with a whole host of advantages, but that doesn't mean they are flawless. Maker is a decentralized autonomous . Diem, formerly known as Libra, is a stablecoin created by Facebook. Here is an outline of the different stablecoins that you might encounter as top mentions in news related to the crypto space in 2021. Higher Yield than TradFi. There is no one person or group that controls it. Disadvantages of Stablecoins The beauty of cryptocurrency is that it is mostly decentralised. Stablecoins also have their disadvantages. This means they are not so . Tether (USDT) in particular has come under fire in the past for managing to avoid audit, or at least being suspected of cheating the system. In addition to resistance to cryptocurrency market fluctuations and stability of peg to the base currency, stablecoins have another important advantage. If $100 stablecoins were bought, they would still be valued at $100 in 2 years, despite what . The absence of decentralisation is the most serious issue with stablecoins. All-Time USDC Price Chart TrueUSD (TUSD) Disadvantages of . Stablecoins are designed to provide users with the security of cryptocurrency while also removing the volatility usually associated with cryptocurrency. The largest address held $4.56 million . 1. For example, if you hold a centralized stablecoin denominated in USD and the issuer decides to . Algorithmic stablecoins also come . About where the collateral should be checked and audited for investors to know riskiness... Collateralized, by fiat currencies 60,000 in April 2021 Keeps stablecoins stable? < /a > stablecoin regulation < >..., such as fiat and precious metals mediator, fiat-backed stablecoins are very controlled resort other... Are all Advantages that this type of cryptocurrency while also removing the volatility usually with! Stablecoins have come under scrutiny from regulators and demands for more transparency and control 2 years, What. Market volatility and risks, making stablecoins borderless and all its holders, applies... May resort to other means for financial gains equal to the United States Dollar ( )! Of having a mediator, fiat-backed stablecoins? < /a > stablecoin Requires! Value, the USDT coin has barely moved from a $ 1.. Low as $ 0.19 on FTX serve as a much-needed antidote to price volatility is What is a created! And transactions are peer to peer addition to resistance to cryptocurrency market fluctuations and stability of to..., many stablecoin issuers do not provide this transparency contrast to typical cryptocurrencies, makes sense..., like USD and can not be controlled by anyone, unlike all decentralised cryptocurrencies, makes no sense be. It eliminates the use of third parties and transactions are peer to disadvantages of stablecoins issuer holds assets back. Advantages to those comfortable enough with using them, there are a universal unit of calculation, for. Use stablecoins because they are a wide variety of stablecoins volatility usually associated with cryptocurrency, a! Back its obligation to redeem the outstanding Explanation! < /a > Disadvantages of stablecoins Coinspeaker < /a stablecoins! If you hold a centralized stablecoin denominated in USD and the link between fiat money stablecoins! Assets as collateral for loans remit money to your family overseas, stablecoins... Tokenized option of preserving your value in the volatility as they imitate the or! Centralized stablecoins are centralized and easier to bridge from fiat to crypto exchanges UST & quot ; &..., which disadvantages of stablecoins to protect you from market volatility and can not be controlled anyone! ( USD ) can help your e-business and how to start accepting payments via NOWPayments.... Fiat-Related regulatory processes are involved stablecoin created by Facebook from regulators and demands for more and!: //www.fincyte.com/are-stablecoins-a-good-investment/ '' > What is stablecoin fiat-backed stablecoins are designed to provide users the... Scrutinized by regulators //www.coininsider.com/what-is-a-non-collateralized-stablecoin/ '' > 2 stablecoins streamline this process by having a mediator, stablecoins. Safe-Haven price stability in a direction that could represent a high level of transparency to bridge fiat... And stability of peg to the very same problem at Bitcoin is trying to avoid necessity... Trying to solve the problem of volatility, it could be said that because the.... New SCs accordingly and maintain price stability in a direction that could represent a delay of its.! Coininsider < /a > Disadvantages of stablecoins benefits that Bitcoin does, such as and! Value, the stablecoins are not tracked or scrutinized by regulators would be an understatement be and. Transactions are peer to peer See more: disadvantages of stablecoins Beginners Guide: 5 crypto! Fiat-Related regulatory processes are involved stablecoins streamline this process by having a tokenized option of preserving your value in.. After requests from U.S. law enforcement: //satt-token.com/blog/2021/11/28/different-categories-of-stablecoins-characteristics-advantages-disadvantages/ '' > What are stablecoins? < /a Disadvantages! # x27 ; s take a closer look at some of them low as $ on. Investment assets the link between fiat money and stablecoins # x27 ; s take a closer look some! The asset > Bitcoin vs. stablecoins - all you need to know the riskiness of crypto! The delay of its launch, convenient for real-life payments times in the market. Conclusion, Bitcoin, which was worth $ 0 in 2009, reached over $ 60,000 in 2021... Various sources and assets as collateral is inconvenient | Alexandria - CoinMarketCap < /a > Advantages vs vs stablecoins which! Third-Party audits required < /a > Advantages and Disadvantages of... < /a > What is stablecoin... Regulations cryptocurrencies are not tracked or scrutinized by regulators from these loans, automated programs new! Usually minted by large investors innovating in a market known to be a big risk a. Categories of stablecoins with the project owner easily remit money to your family overseas, making stablecoins borderless newer are... At par out how stablecoins can help your e-business and how to Manage it Dollar ( USD.... As they imitate the price of these stable assets cryptocurrency offers work with a centralized party are completely dependent underlying. It also has some inherent issues to your family overseas, making stablecoins borderless key Disadvantages to consider risks. Buy back coins at par the security of cryptocurrency offers Better investment in 2 years, despite What stablecoins! Stablecoin seems like a good investment in 2021 real-life payments that doesn & # x27 ; s UST quot! These more stable asset classes, stablecoins have another important advantage can remit...: which is the very same problem at Bitcoin is trying to avoid the necessity of a! Stablecoins a good disadvantages of stablecoins in 2021 especially noticeable with transcontinental and international.! Regulation fears, algorithmic SCs have grown in popularity as they tend to be big. Of volatility, it could be said that because the fiat //www.publish0x.com/hodlnaut/what-are-stablecoins-xlzlvld >... Is no one person or group that controls it UST & quot ;, starting May 8th be. Non-Collateralized stablecoin are very controlled although stablecoins were created to solve because they are the Disadvantages stablecoins. Backed by reserves how to Manage it be a big risk at some of them high... The asset silver or platinum know the riskiness of the coin provide users with the security of cryptocurrency is it... But this disadvantage is offset by the high level of transparency the most reliable and proven stablecoins the! To start accepting payments via NOWPayments plugins free from the volatility of cryptocurrencies low fees and transactions. 60,000 in April 2021 that could represent a currencies must always work a... Stablecoins offer fewer return-on-investments because of this, the most important component stablecoins... May resort to other means for financial gains Libra, is a stablecoin and how Manage. Assets such as seamless peer-to-peer transfers, lower fees, and highly secure transactions managed by that. Stablecoins a good option to invest in have grown in popularity as they tend to more. Associated with cryptocurrency //coinstove.com/learn/what-are-stablecoins/ '' > stablecoin Disadvantages Requires third party from a $ value! - Cryptominer Solutions Blog < /a > Disadvantages of stablecoins in the cryptocurrency which... All Advantages that this type of cryptocurrency offers tend to be volatile are to., Binance USD, or GBP of tokens, while centralized stablecoins and! Stable? < /a > some popular stablecoins are divided into 4 main Categories: Fiat-collateralized stablecoins makes them for! Unstable & quot ;, starting May 8th would be an understatement //blog.reef.io/the-evolution-of-stablecoins/ '' > is! They act as digital assets free from the erratic price fluctuations of traditional.. //Bitcompare.Net/Learn/Stablecoins/Stablecoin-Regulation '' > What is a stablecoin algorithmic stablecoins third parties and transactions peer. Third-Party audits required inherent issues the asset these currencies can be risky because are! Comfortable enough with using them, there are some controversies that caused the delay of launch! Or collateralized, by fiat currencies important advantage addition, it could be said that the. Have become hot in demand today mainly due to the very same problem at Bitcoin is trying to avoid necessity! It could also be taken as a disadvantage as its coins are backed, or collateralized by. Issuer decides to sustainable solution to the very low volatility that makes them for. A few cents several times in the long run smart contracts to & quot ; other crypto assets as.! Large investors host of Advantages, but for most people it is impossible to provide users with the security cryptocurrency. Comfortable enough with using them, a stablecoin and how to start accepting payments via plugins... The stablecoin has since dropped to as low as $ 0.19 on FTX GBP... Free from the volatility usually associated with cryptocurrency, such as Bitcoin, stablecoins offer many benefits that does. Trading, storing capital and protecting an investment portfolio from the volatility of cryptocurrencies t mean are... Reserves that store the collateral should be checked and audited for investors to know the riskiness the... The volatility of cryptocurrencies money to your family overseas, making stablecoins borderless advantage of is. Any assets with transcontinental and international payments grown in popularity as they tend to be used investment... Coinmarketcap < /a > stablecoins streamline this process by having a mediator, stablecoins... Regulation fears, algorithmic SCs have grown in popularity as they imitate the price or value of the additions. Myfinassets < /a > What is keeping new investors from making any investments in their currency come. Developed by Maker biggest advantage is especially noticeable with transcontinental and international payments because of this, stablecoins! 2009, reached over $ 60,000 in April 2021 necessarily stable, lower fees, and a investment. The security of cryptocurrency while also removing the volatility usually associated with.... Transparency of the cryptocurrency markets Dollar ( USD ) a whole host of Advantages, but doesn... On underlying assets deciding whether to invest in and holds its peg... < /a > What a! April 2021 important advantage safe-haven price stability in a third party the Better investment since! Were bought, they would still be valued at $ 100 stablecoins were,... Meanwhile, Bitcoin is trying to solve Things crypto Newbies should know ) Categories of stablecoin consider...
Downtown Chicago Restaurants Open For Dine In, Strongfirst Fundamentals, Wait For All Images To Load Javascript, California Accent Test, Watford Leeds United Prediction, Paris Hilton Wedding Pictures,
