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Topic: Do you trust Tether? - page 4. (Read 1217 times)

newbie
Activity: 56
Merit: 0
September 06, 2018, 11:20:09 AM
#42
Actually, I do trust any altcoin now, until the market price started rising back, tether is good to invest on
full member
Activity: 380
Merit: 100
September 06, 2018, 11:17:37 AM
#41
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.
member
Activity: 658
Merit: 10
Catena X
September 06, 2018, 09:29:55 AM
#40
Why not? I think that Tether is one of the stable coins. This altcoin serves the good volume on the exchange. Additionally, the price is still very affordable. I think I'm gonna analyze many more about Tether coin.
member
Activity: 406
Merit: 12
September 06, 2018, 09:20:41 AM
#39
I think people will pretty quickly realize that USDT is worthless, and the ability to trade it for BTC will stop. The exchanges that use USDT as their "fiat", roughly 20% of the bitcoin market, will suddenly be unable to trade. Smarter people will realize that 20% of the bitcoin market just evaporated, and any effort to manipulate bitcoin upward with USDT is no longer possible.
full member
Activity: 210
Merit: 100
Decentralized Jet-Stream Encrypted Multi-Media Dev
April 08, 2018, 01:11:08 PM
#38
I don't. How they get away with the way they run their business is unbelievable.
Until tether can prove the reserve funds to backed tether token and I will never trust tether company. How company just released another 300 millions tether just in some months. Man there is no difference between tether company and bankers that always printed fiat money anytime.

Does it seem good for you?

Just waiting for the result of  audit from bitfinex to the tether company.

Well, if they really make more and more tether so far and make them rich and cheating the investor so no way to believe them again. So please stay away from them because you can get your money loss because of believing to them.
So far i never trade with tether so i never know this problem before.

for me, they create Tether as USD:USDT ratio in order to save investors on losing their assets especially when the Crypto Market is bleeding.
converting your altcoins into USDT Tether is easier than converting them into money and invest back into your favorite and trusted altcoins.
more people are trusting Tether for their own purpose, and I also trusted Tether because I use it as my Crypto stash to save my altcoins from dropping.
full member
Activity: 210
Merit: 100
Decentralized Jet-Stream Encrypted Multi-Media Dev
April 08, 2018, 01:08:07 PM
#37
I trusted Tether USDT actually I use it as my stash to save my crypto assets from losing their worth and especially the crypto market is dropping this year.
saving your assets using USDT Tether is better than holding your altcoins and let them drown and dump together with Bitcoin because this year is the worst year for Crypto market as it is the first year when the Crypto Market is dropping over 70% dropping since last 4 months.
member
Activity: 266
Merit: 10
April 04, 2018, 04:14:13 AM
#36
I don't. How they get away with the way they run their business is unbelievable.
Until tether can prove the reserve funds to backed tether token and I will never trust tether company. How company just released another 300 millions tether just in some months. Man there is no difference between tether company and bankers that always printed fiat money anytime.

Does it seem good for you?

Just waiting for the result of  audit from bitfinex to the tether company.

Well, if they really make more and more tether so far and make them rich and cheating the investor so no way to believe them again. So please stay away from them because you can get your money loss because of believing to them.
So far i never trade with tether so i never know this problem before.
member
Activity: 252
Merit: 11
PLAYHALL - SKILL GAMING PLATFORM
April 04, 2018, 04:11:14 AM
#35
I don't trust them nor should anyone hodl large amounts of money in USDT. But for small amounts I think Tether is pretty useful. Also so much money into the hands of a single company is very risky and whenever something goes wrong it is going to be catastrophic.

I agree Tether is very useful to exit when the crypto market going to crash.
I usually trade coin which has a pair with USDT. That can minimize your loss. Because the value of USDT is the same as USD.
jr. member
Activity: 294
Merit: 3
April 04, 2018, 04:08:45 AM
#34
There is to many questions for tether, and they are not answering them, so it should at list look suspicious, sometimes I do use Tether but every time it makes me worry.

Your correct, the principals of Tether think they are above the law BUT things will catch up with them if it is a scam. I hope its not a scam but i have my doubts
Serious investors do not enter markets with things like this hanging over the market space
jr. member
Activity: 294
Merit: 3
April 04, 2018, 04:06:38 AM
#33
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/
I do not trust all times, always switch to USDT to reduce the price and exchange with other types of coin!

SMART, Tether will be worth nothing if it is exposed as a scam
full member
Activity: 209
Merit: 103
KRYPTOBITS.COM-BLOCKCHAIN BANKING
April 04, 2018, 04:06:19 AM
#32
There is to many questions for tether, and they are not answering them, so it should at list look suspicious, sometimes I do use Tether but every time it makes me worry.
full member
Activity: 448
Merit: 100
April 04, 2018, 04:04:47 AM
#31
It's not safe at all. the number of circulating figures in the market is increasing day by day. They do extra production as they want and it's a pretty bad move. For this reaon I dont trust and i dont use tether.
newbie
Activity: 14
Merit: 10
April 04, 2018, 04:04:34 AM
#30
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/
That is not a trustworthy coin,it is backuped by the usd it means bankers has most of its supply and we dont know if the total supply is nearly unlimited or it can be produce by these bankers with their own will,like what fiat is i suggest stay away from this coin as you do with XRP which is also a centralized shitcoin in the market.
jr. member
Activity: 294
Merit: 3
April 04, 2018, 04:01:32 AM
#29
If Tether manipulated the market in the past and the American government expose it the market will be crippled. This a a sleeping giant that you should all be aware of.
IT SCARES ME
jr. member
Activity: 41
Merit: 30
April 03, 2018, 08:13:17 AM
#28
As I know very few people trust it. I also prefer to get my profits in USD, not in USDT. But I know for sure that newcomers don't understand the real difference between USD and Tether...
As per my knowledge, people use Tether to do trading, not for saving. Not everyone but few newcomers do not understand what is the difference between USD and Tether.
full member
Activity: 1004
Merit: 111
April 03, 2018, 08:10:04 AM
#27
Tether is not for a long time holding, this is just a substitute when you think bitcoin will fall so low.
then buy back soon at the dip.
I don't understand why tether is here with crypto, are FIAT world really want to come in?
We just need to observe properly and make sure to be careful.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
April 03, 2018, 08:04:07 AM
#26
As I know very few people trust it. I also prefer to get my profits in USD, not in USDT. But I know for sure that newcomers don't understand the real difference between USD and Tether...
newbie
Activity: 14
Merit: 0
April 02, 2018, 09:03:15 AM
#25
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/


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sr. member
Activity: 434
Merit: 252
April 02, 2018, 07:05:08 AM
#24
Hmm...While market is going down I wanted to try to trade with USD related coin, i guessed USDT is ok for that.But when i've read your comments above   I've got a lot of concerns about that. Is there good coin that is always near 1$ ?
Tell me why you need a coin that has a constant price? If I need dollars then I can always exchange cryptocurrencies for Fiat. Why do I need a transit currency? No, I do not believe in the prospects of the existence of such a currency. I am attracted to their volatility in cryptocurrencies.
jr. member
Activity: 181
Merit: 5
Token That Will Transform The Venture Capital Mark
April 02, 2018, 06:54:21 AM
#23
Hmm...While market is going down I wanted to try to trade with USD related coin, i guessed USDT is ok for that.But when i've read your comments above   I've got a lot of concerns about that. Is there good coin that is always near 1$ ?
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