one tether cost around one dollar. one bitcoin cost around 5100 tethers 
Topic: Could Tether Bring Down Bitcoin? - page 2. (Read 785 times)
what? how stable coin can ring down bitcoin one tether cost around one dollar. one bitcoin cost around 5100 tethers
one tether cost around one dollar. one bitcoin cost around 5100 tethers 
Bitcoin is the main coin from which the whole cryptocurrency world began to be created. It is the basis and its fall can drop the entire crypto market down.
USDT is just a pathetic parody of the digital dollar. Which does not even guarantee to have a price equal to one dollar. Therefore, do not pay attention to it.
USDT is just a pathetic parody of the digital dollar. Which does not even guarantee to have a price equal to one dollar. Therefore, do not pay attention to it.
Tether is also a coin, but a stable coin. Some people buy it to withhold the value of their money, without any form of increase or decrease in amount. So I do not expect that there would be anyone who will intentional waste his money in order to risk pumping or dumping of bitcoin with what he has. As a matter of fact, an individual cannot get that done with his tether.
How come stable coins are comparatively to think about the bitcoin. Tether price is stable and its value will be remain same if we see this coin after 10 years also but bitcoin is not at all like that price value will be increase gradually and people expect the bitcoin to reach the 50k USD in 2022.
Its impossible because we all know that tether represent a dollar in price so I don't see how it can bring down bitcoin,moreover there will not be anything to invest in ,no gains at all and tether can't change the world
Well, it is mere theory but some made it look like a fact.
The centralized and non-transparent stablecoins could potentially be used to manipulate the price of Bitcoin/cryptocurrency.
Tether looks like a semi centralized stablecoin. It could also be used to manipulate price. I guess they would hardly do that without being noticed
The centralized and non-transparent stablecoins could potentially be used to manipulate the price of Bitcoin/cryptocurrency.
Tether looks like a semi centralized stablecoin. It could also be used to manipulate price. I guess they would hardly do that without being noticed
Tether is also a coin, but a stable coin. Some people buy it to withhold the value of their money, without any form of increase or decrease in amount. So I do not expect that there would be anyone who will intentional waste his money in order to risk pumping or dumping of bitcoin with what he has. As a matter of fact, an individual cannot get that done with his tether.
Yes, Tether will always have price stability at any time, because this coin is designed to stabilize prices to have the same value as USD, so Tether is very difficult to fight Bitcoin.
Tether is also a coin, but a stable coin. Some people buy it to withhold the value of their money, without any form of increase or decrease in amount. So I do not expect that there would be anyone who will intentional waste his money in order to risk pumping or dumping of bitcoin with what he has. As a matter of fact, an individual cannot get that done with his tether.
If they print fake tether that can pump bitcoin also if tether turned out to be scam bitcoin can take a hit. But tether can't bring down bitcoin, it is not possible in my opinion.
Bitcoin is unlikely to be replaced now, and Bitcoin is now a big market capitalization. There are many people who know it. I have heard a lot of other altcoins to replace Bitcoin, but they have failed. So I don't quite believe Bitcoin is replaced by Tether.
I do not believe that stable coins can have an effect on the whole crypto currencies industry. Those coins were created for only one purpose, to stay out of the market and to keep your funds on an exchange. Furthermore, nobody will invest in those coins, because they are not showing any price difference within time.
Tether was said caused the down fall of Bitcoin but the reverse was the case as the fall of Tether causes the price of Bitcoin to surge. There was a speculation in 2017 about Tether be the cause of Bitcoin surge but was not, rather it was the credit card that did the surge. Tether has no power to bring down Bitcoin.
People make coins, of course, ambitious to become number # 1 and replace bitcoin, Tether is a fantastic token because it is easily accepted by anyone, but I'm not sure I can replace bitcoin in the near future.
I don't think so. While many exchanges are relying on BTC/USDT trading volumes. I believe it is entirely just a hedge for price declines. BTC/USD (the real fiat pair) is still the one traders look into and the real indicator of the market's health. You can also include other fiat/btc pairs.
Besides, money pours in from fiat and where do you see that happen? BTCUSD.
Besides, money pours in from fiat and where do you see that happen? BTCUSD.
The last time Tether crashed, it pushed Bitcoin's price up a lot, so no, it will not bring bitcoin down, perhaps it will push Bitcoin up like the last time.
yes you're right, tether won't work but this can make bitcoin better. when the tether falls it makes bitcoin better. and it is impossible for tether to rise, because he is a stable coin. so whatever happens to the tether will make bitcoin and alt[Suspicious link removed]d.But if Tether isn't really backed by USD, surely you're just pumping fake money into Bitcoin which essentially creates a bubble like the housing market? I don't believe it will bring Bitcoin down as nothing ever has, but Tether definitely isn't healthy for the crypto economy.
Perhaps this is the way many people say that now the USDT prints like a machine is a digital electronic money. Therefore, BTC infusions are very similar to a bubble. Which inflates and deflates very quickly.
Ideally a more transparent stablecoin can replace Tether and Bitcoin becomes less volatile with time
"Fiat-backed stablecoins are therefore rarely actual cryptocurrencies, which causes them to inherit their main characteristics and shortcomings from the centralised banking system. Ultimately, they function in the same manner as fiat, backed by what amounts to an IOU."
"There is a theory that stablecoins such as Tether have been used both to stabilise and manipulate Bitcoin’s price, especially during the 2017 Bitcoin bull run."
"What is important to remember, is that any asset may appear stable until it suddenly isn’t."
Really interesting read by crypto CEO = https://medium.com/@DDhopn/stablecoins-3b93b4f1ddc5
For a stablecoin, when it does, its value will go down and it will increase the price of the BTC. Stablecoin cannot automatically add value to any news, so Bitcoin is always more profitable. so the Tether theory can bring down bitcoin completely wrong. "There is a theory that stablecoins such as Tether have been used both to stabilise and manipulate Bitcoin’s price, especially during the 2017 Bitcoin bull run."
"What is important to remember, is that any asset may appear stable until it suddenly isn’t."
Really interesting read by crypto CEO = https://medium.com/@DDhopn/stablecoins-3b93b4f1ddc5
Perhaps this is the way many people say that now the USDT prints like a machine is a digital electronic money. Therefore, BTC infusions are very similar to a bubble. Which inflates and deflates very quickly.
In my opinion, Tether coins cannot have a strong impact on the value of BTC. This is only possible when the market is clearly moving up or down and Tether manipulation only enhances the effect and pushes the price of Bitcoin in the right direction due to sharp spikes. People in such situations panic and begin to act on the occasion of the market.
The last time Tether crashed, it pushed Bitcoin's price up a lot, so no, it will not bring bitcoin down, perhaps it will push Bitcoin up like the last time.
yes you're right, tether won't work but this can make bitcoin better. when the tether falls it makes bitcoin better. and it is impossible for tether to rise, because he is a stable coin. so whatever happens to the tether will make bitcoin and altcoin good.
In my opinion Tether is only a complement to crypto, it will not replace or defeat bitcoin, the price that does not change certainly makes anyone make Tether the best payment alternative, but it will not make investors put in large amounts.
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