Topic: Bitcoin and Tether? - page 2. (Read 709 times)
Tether could go low even its a dollar pegged token. There are examples out there which were supposed to be stable but didn't. If that case happens with tether, there would be no effect on Bitcoin prices due to it.
Do you Tether is stable forever? I dont think so, What if Tether drop to 0.5$ or 0.1$? what will be happen to BTC price if Tether drop to 0.5$?
I think Tether bank account could be frozen by Central bank mafia.
I think Tether bank account could be frozen by Central bank mafia.
Tether has went below $1 before and possibly it could go lower in future, but price action might continue to make it $1 as people believe that its supposed to be $1.
Do you Tether is stable forever? I dont think so, What if Tether drop to 0.5$ or 0.1$? what will be happen to BTC price if Tether drop to 0.5$?
I think Tether bank account could be frozen by Central bank mafia.
Tether is not stable, and it still changes from time to time. I don't think that tether will drop too far because I see that if the tether is going to go down, it will be back to the last price and it's stable again.I think Tether bank account could be frozen by Central bank mafia.
Maybe you can analyze by yourself so that you can find the right answer.
Tether is more stable than the other coin so that coin will be good to hold if you are afraid to see the changing of the price for each coin.
Bitcoin is the gold standard for cryptos; rarely will there ever be a case where Bitcoin is impacted by an altcoin going down, aside from Bitcoin maybe going up. If Tether collapses, it likely wouldn't do anything negative to Bitcoin.
Do you Tether is stable forever? I dont think so, What if Tether drop to 0.5$ or 0.1$? what will be happen to BTC price if Tether drop to 0.5$?
I think Tether bank account could be frozen by Central bank mafia.
Tether is not stable, and it still changes from time to time. I don't think that tether will drop too far because I see that if the tether is going to go down, it will be back to the last price and it's stable again.I think Tether bank account could be frozen by Central bank mafia.
Maybe you can analyze by yourself so that you can find the right answer.
Tether is more stable than the other coin so that coin will be good to hold if you are afraid to see the changing of the price for each coin.
I really don't understand how FUD can be defined as a public court.
It is really inexplicable how the cryptosphere totally ignores the warnings of an incoming disaster.
How can the disappearance of 900 million dollars be defined as FUD?
How can FUD be defined as a legitimate request for a court investigation?
Tether is 80% of transactions, to define as "irrelevant" for the purposes of the value of Bitcoin its possible insolvency is irresponsible.
It is really inexplicable how the cryptosphere totally ignores the warnings of an incoming disaster.
How can the disappearance of 900 million dollars be defined as FUD?
How can FUD be defined as a legitimate request for a court investigation?
Tether is 80% of transactions, to define as "irrelevant" for the purposes of the value of Bitcoin its possible insolvency is irresponsible.
If Tether and Bitfinex will collapse...How can BTC price react??
It could be bad... After last news about possible fraud the BTC price has dropped in only an hour. Here you have some analysis on BlockChain24.co but we can't be sure how this situation will develop in near future
If Tether and Bitfinex will collapse...How can BTC price react??
Failing of tether doesn't mean anyhting for bitcoin. Only the fud it create would harm bitcoin's price for a short term. In long term tether is just an altcoin nothing more.
Yes, it did affect the price but the market has bounce back ever since.
actually people are misunderstanding things (mostly because of FUD) when it comes to Tether and bitcoin price. the fact is if (and when) tether disappears bitcoin price will drop (as we see recently with the problems that Bitfinex is facing, and as we saw in 2016 when Bitfinex got hacked) but it won't be because bitcoin relies on Tether or its price is rising because of that (both of these are FUD). the only reason why price drops is because of the drama that it causes in the market and that creates panic and people sell when struck by fear in this market.
I thought, some banks decided to stop cooperation with banks, because they knew that Tether had many mysteries, like one of the banks in Poland.
I am sure, that Tether will not decrease drastically, Tether always replaces inventory on the market. so, Tether will always be stable. and maybe down a little.
I am sure, that Tether will not decrease drastically, Tether always replaces inventory on the market. so, Tether will always be stable. and maybe down a little.
Failing of tether doesn't mean anyhting for bitcoin. Only the fud it create would harm bitcoin's price for a short term. In long term tether is just an altcoin nothing more.
Yes, it did affect the price but the market has bounce back ever since.
I don't think that Tether would be stable for long term. Well, at least the community see it that way since they launched and a lot of questions and doubts about their true value. Now they are under investigations and it's just about time that they answer what happened to $850 million and where did it go.
I still feel Tether is a stable coin in the past also Tether faced similar situations in parents some investigations Tether came out fair. it may come out clean in present investigation probably be positive Tether will recover
The crypto ecosystem is a decentralized system which is made up of possibilities. It is highly possible that the market value of Tether can $0.5 or lesser, but the decrease in the value of Tether can't have any kinda significant influence on the market price of Bitcoin. The market value of Bitcoin has no specific thing or crypto coin that has a direct influence on its price.
there is the real possibility that sooner or later the value of the tether undergoes variations, but i do not believe that the value of the btc is directly connected to this, the btc also has also other important markets (stablecoin)...
Concerns surrounding Tether have plagued the cryptocurrency markets for well over a year, but Bitcoin’s relatively small drop that ensued after the latest development may signal growing fundamental strength behind BTC. Even though the market has dropped and bitcoin prices have plummeted, some experts suggest that the Tether scandal has revealed that Tether does have large cash reserves to support stake 1:1 with the US dollar.
Failing of tether doesn't mean anyhting for bitcoin. Only the fud it create would harm bitcoin's price for a short term. In long term tether is just an altcoin nothing more.
It's a token, not an altcoin, this two are different in meaning. The fall of any altcoin/token don't have any connection to manipulate the ups and down of bitcoin, but the fall and ups of bitcoin could do some effect on this coins.
nothing in this life is stable forever , especially in such a volatile market as cryptocurrencies
Tether can drop and it has been dumped on numerous occasions , not much but it was a drop nonetheless
its function is similar to the gold standard - when everything is good , the price is stable or growing
but any collision ( or collusion ) could see it price plummet
this should not affect btc much , although the grand 2017-2018 price rise is often attributed to Tether and the shenenigans behind it
Tether can drop and it has been dumped on numerous occasions , not much but it was a drop nonetheless
its function is similar to the gold standard - when everything is good , the price is stable or growing
but any collision ( or collusion ) could see it price plummet
this should not affect btc much , although the grand 2017-2018 price rise is often attributed to Tether and the shenenigans behind it
Do you Tether is stable forever? I dont think so, What if Tether drop to 0.5$ or 0.1$? what will be happen to BTC price if Tether drop to 0.5$?
I do not think tether value of 1:1 to USD is sustainable and I actually doubt if it is really backed as what they said. We have seen that Bitcoin is almost unaffected by these news. There is no major downtrend of the price and it seems that Bitcoin recovers quickly.
Failing of tether doesn't mean anyhting for bitcoin. Only the fud it create would harm bitcoin's price for a short term. In long term tether is just an altcoin nothing more.
Do you Tether is stable forever? I dont think so, What if Tether drop to 0.5$ or 0.1$? what will be happen to BTC price if Tether drop to 0.5$?
I think Tether bank account could be frozen by Central bank mafia.
I think Tether bank account could be frozen by Central bank mafia.
of course it isn't stable forever. it operates like a central bank backing money at a fixed exchange rate. fundamentally it is a currency based on faith. if funds are seized or tether is unable to process fiat withdrawals to its customers, that faith will definitely be shaken. we've seen USDT fall to the $.80s before and i reckon it could go lower if more news keeps coming out like this.
tether imploding would probably send the market tumbling for a while because it would be a huge hit to the ecosystem, but in the immediate aftermath we might see exit pumps into crypto as people flee from USDT.
I have always said that Tether is a disaster waiting to happen and I am almost sure that sooner or later it will crash hard and disappear (as in drop to 0 and be worthless not a small value like $0.5!). but I am not yet convinced that bitcoin should even be affected by that because bitcoin has nothing to do with Tether, and it doesn't even need it!!!
when was the last time you heard someone say I am going to buy bitcoin with Tether! that is stupid because they first have to had converted their fiat to Tether and then use Tether to buy bitcoin. so why not buy bitcoin with fiat and save on a lot of fees?
price being affected temporarily is a different scenario though. because the short term effects are always due to FUD and newbie panics combined with whales taking advantage of them.
when was the last time you heard someone say I am going to buy bitcoin with Tether! that is stupid because they first have to had converted their fiat to Tether and then use Tether to buy bitcoin. so why not buy bitcoin with fiat and save on a lot of fees?
price being affected temporarily is a different scenario though. because the short term effects are always due to FUD and newbie panics combined with whales taking advantage of them.
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