Do you trust Tether? - page 3. | Bitcointalksearch.org

Msile

hero member

Activity: 658

Merit: 503

Quote from: Tilbrook007 on April 02, 2018, 01:43:07 AM

I don't. How they get away with the way they run their business is unbelievable.
Tether could potentially destroy the market if the American government pursue this matter.

https://btcmanager.com/summary-on-tether-and-where-were-at/

It is a cryptocurrency and it is the same amount of trust that I have for all cryptos that I have for tether because no matter how good a coin is there is always the possibility of you losing your money so I am always wary of them. But tether is a good way to store your money if you do not want market fluctuations to affect your money

ajdaj

full member

Activity: 532

Merit: 100

Quote from: anatolykarpov on September 29, 2018, 10:17:45 AM

I don't trust it but it fills a very big gap in crypto.
I noticed lately that it is a nice tool for traders, especially in a bear market.
You can easily run away and all-in to crypto with simple steps.

The fact is that in the beginning of 2018 the team made it possible to store USDT on the efirium wallets. This is a huge step for the convenience of users of crypto currency.

anatolykarpov

member

Activity: 266

Merit: 12

I don't trust it but it fills a very big gap in crypto.
I noticed lately that it is a nice tool for traders, especially in a bear market.
You can easily run away and all-in to crypto with simple steps.

timmmers

sr. member

Activity: 1176

Merit: 265

If you want to cashout from crypto for short time it is a good idea. But holding Tether for years is not the best choice what you can do. Because Tether is very controversial.

funcryptoguy

newbie

Activity: 48

Merit: 0

never trust something blindly. especially on crypto world. but since this topic was opened Tether has shown to be stable more than a lot of other currencies

dimonarka

sr. member

Activity: 994

Merit: 250

Tether positions itself as a crypto platform, which undertakes to operate in a safe and transparent manner, while respecting all requirements and rules. Therefore Tether does not work in countries and some US states that do not regulate virtual currencies.

ci1990

member

Activity: 252

Merit: 11

🔰FERRUM NETWORK🔰

There are risks involved with every cryptocurrency. There is a saying in my country; "Never trust anyone, not even your father". This means that always be skeptical and on trigger. Never trust any money fully.

ivanleon

jr. member

Activity: 280

Merit: 1

Quote from: posiandu on September 06, 2018, 11:17:37 AM

Personally, I trust. There were also checks, and reporting on this coin, that all coins are confirmed and provided with dollars. That's why I trust.
Yes, and it takes so much time to confirm my confidence. Always 1 dollar. Always stable.

A lot of said negative said Tether, really not clear with its issue, not clear whether the USDT is backed by real dollars? Some behavior in the market shows its stability, I do not trust 100 percent, so I traded only in Fiat funds.

d2s4

member

Activity: 294

Merit: 12

I trust now BTC only because it is the most reliable and valuable coin on the market while others are changing so unpleasant and that's why I don't have risks with them.

iAleff

jr. member

Activity: 70

Merit: 1

I really don't , I dont feel safed

EvgeniyLEV

member

Activity: 756

Merit: 13

My opinion is that Tether it is primarily a cryptocurrency. And these are risks. I if I deduct money in Tether. for a short time. Now there are a lot of similar coins on Tether.

leosp139

newbie

Activity: 22

Merit: 0

As in all things crypto, there’s a risk involved. In Tether’s case, they’re unregulated, centralized, USDT isn’t classified as a financial instrument, and Tether have no legal obligation to redeem USDT for your fiat – so bear that in mind when you’re looking for a place to wait out the storm of the next market scare.

Nikolas_the_Wonderworker

jr. member

Activity: 238

Merit: 1

Personally, I fully trust Tether. I always keep money in daytime trading in Tether. Those. every day when I finish trading, I translate into Tether. I estimate my savings in bitcoin and in Tether.

raimslii

newbie

Activity: 252

Merit: 0

Quote from: Tilbrook007 on April 02, 2018, 01:43:07 AM

I don't. How they get away with the way they run their business is unbelievable.
Tether could potentially destroy the market if the American government pursue this matter.

https://btcmanager.com/summary-on-tether-and-where-were-at/

At the moment, the Tether is quite secure to hold or trade on the exchange, my belief for Tether is quite good. However, the fact that Tether prints a large amount of time has made me question its transparency. I can not deny that Tether will be an important factor to revive the market in the near future. So, when Tether has so many support exchanges, we can still trust it.

Natusik

jr. member

Activity: 224

Merit: 1

It seems to me that Tether prints additional amounts of its tokens that are not backed up with real assets to influence the price of bitcoin in their own interests. We need to be careful with this project, I think at one point it can declare its bankruptcy.

ifirina

full member

Activity: 350

Merit: 100

With current market condition and general mood, it is hard to believe to any coin. Nevertheless, USDT is more reliable than most coins on the market.
But anyway, it doesn't matter or it won't be pretty soon. Currently the majority of big exchanges are implementing fiat pairs for the most popular coins. And in no time there will be additional fiat markets along with existing based on BTC, ETH and USDT.
The main question isn't whether we can trust USDT, but whether exchanges are reliable. But it is the question for another topic.

florac9

jr. member

Activity: 280

Merit: 2

☀️ Iskra Coin ☀️

I believe tether is a trusted source ,its helpful in cryptoworld ,I personally trust tether .

Sandra999

newbie

Activity: 182

Merit: 0

You do not have to trust anything fully in this life as anything can happen. Tether is risky as well and anything can happen

The Scorpion

full member

Activity: 280

Merit: 100

There are a lot of shady things going on with Tether. At the moment I feel like most traders have little choice on most exchanges when it comes to a stable currency. That is why they "have to" trust Tether.Whether it is legit is up to you to decide. For now they have done a good job at staying stable. But that could soon be reversed.

giahuy123

newbie

Activity: 87

Merit: 0

Hopefully they have enough USD reserves in proportion to the number of tether in the market. It is stable, but when it goes down, it will take many things.

Topic: Do you trust Tether? - page 3. (Read 1217 times)