Topic: Do you trust USDT? - page 13. (Read 7100 times)
Yes I do. I didn't find any reason to not trust usdt. At this moment usdt is the most popular and most used stable coin available in the market. And it has a huge market cap. I know there are many fud about usdt. But still it holds no3 or 4 in marketcap. Cause most of the people use it and most of the big to small exchange use it as the main stable coin. I have no problem using usdt. But if you don't like it or have any problem using it. Then I would say try other stab coins. Cause there are a lots of alternative available. You can chose one or many of them as your wish.
Do you trust USDT or believe it might be a scam?
I trust USDT. USDT is becoming more popular day by day. A few days ago, when I was exchanging tokens in any exchange, I would get a pair with BTC or ETH. But now I see that if a token has only one pair, then it is USDT. I think this is because of its trustiness.So, i trust USDT. 
As I would like to think, USDT isn't totally dependable on the grounds that we can't confirm the all out gracefully of fiat cash that back USDT. Notwithstanding, as long as USDT gives benefits and have great inputs. I have been utilizing USDT as a benefit, which fills in as a moderate connection between the bank and the cryptographic money for me, just as when market pointers decay.
If you believe that the US department of Justice won't target this token, then I have a bridge to sell you really cheap. Get out of US dollar based assets as fast as you can, because the underlying worth in only "in God we Trust"......look....would you own a stock that was being diluted daily by printing new shares?
Previously, I would like to congratulate you on joining this forum for you, if we return to the discussion about the title of this topic, which is about Dollar tokens, which are USDT tokens which are already known as stable tokens whose prices correspond to real currency values on the basis of US dollars , because what I have seen so far the US Dollar is still the strongest if we compare it to other dollar currencies in the world, so automatically people will have more confidence in the USDT token and it has nothing to do with the stocks that you say. 
An answer to the question that we are all asking for is a resounding yes. There is no reason to doubt USDT. Among many stable coins in the market, USDT is the most used stable coin and is widely used by many in the cryptocurrency industry. Most of the exchanges has this as an asset in their exchange and most people use this coin for many crypto related purposes. USDT is the most used stable coin by many of these exchanges and I have friends who has no issues with the said coin.
If you believe that the US department of Justice won't target this token, then I have a bridge to sell you really cheap. Get out of US dollar based assets as fast as you can, because the underlying worth in only "in God we Trust"......look....would you own a stock that was being diluted daily by printing new shares?
But we live in a world where paper money is printed every day. They easily make money and we have to work hard to earn money to eat. We are governed by a government driven by a large group of organizations whose purpose we do not know.USDT may be used for now, but it may not be used at another time. Many major events occur in the crypto world which are still in development stages.
If you believe that the US department of Justice won't target this token, then I have a bridge to sell you really cheap. Get out of US dollar based assets as fast as you can, because the underlying worth in only "in God we Trust"......look....would you own a stock that was being diluted daily by printing new shares?
I think there is no problem with USDT, considering the rate is the same as the US dollar exchange rate 1:1. Moreover, all this time I prefer to trade with the USDT pair when the price of bitcoin is still uncertain until now.
You can use it as this purpose, especially when the fluctuation is really high.
The fact that it's valued as 1:1 with US dollar it's good to see that after the day of trading you can keep your assets as USDT then coming next day for another sets of trades.
You just need to know how to work with it and take the advantages that it brings out to your trading business.
I trust USDT so much, I barely lose trade because of usdt I started trading crypto since 2017 and uptill date I can tell you that have not lost much to bare market meanwhile there are some alts that I think tried to be stable at when the market is red $BLZ is one of them so most times I switch between usdt and BLZ and it works well for me.
I use this coin all the time. Yes, its not decentralized and can block movement at any time, but it is precisely this that determines the value of other cryptocurrencies.In my portfolio usdt takes 80%
With the same ratio as USD, I actually don't believe it, because by using USD alone we can be accepted for transactions wherever we are. That's my opinion
I don't care about them lying or not being transparent. The fact is all of you are still using usdt, so I will also use it, as long as there are no problems and the fee remains affordable.
USD Tether is a Bitfinex issued ERC-20 token which is claimed to be backed by dollar at 1:1 ratio. There are controversial opinions about this and some say it's a scam.
Do you trust USDT or believe it might be a scam?
I not saying I totally trust USDT or distrust it, it's just I am just using it for my trade for a stable value. Besides, I never thought that it would be a scam. I only choose to use it because it has the highest volume among the stable coins but if this will really be turn out a scam then apparently I will move it on Binance USD. Do you trust USDT or believe it might be a scam?
usdt together with dai are my favorite stable coin and can now be found on most blockchains eth, bnb and tron yes it is true they do not have 100% coverage but this also happens with banks that keep only 20% liquidity and re-invest everything else for their own gain, in short, I trust usdt 100%
I for one don't imagine that USDT is an excess of dubious however it has some issue. It is a steady coin so in some cases I convert crypto into usdt. USDT is the most popular crypto stable coin on the planet as I would see it this can't be phony since it's now in the market for right around 1-2 years however it is as yet running and I think this coin has exceptionally splendid future when contrasted with some other stable coin.
Well said.
But i want to add more in the context.
The coin gets popular only after many people shows interest in it.
Same happened with USDT, since the launch, it's hype is been seen in many places, for which it grew upto a stable coin now.
Moreover listing in various exchanges and sites also helped a lot in increasing the popularity of the coin.
So at last we can conclude that we can surely trust USDT.
It's one of the used Altcoins present in the market.
I for one don't imagine that USDT is an excess of dubious however it has some issue. It is a steady coin so in some cases I convert crypto into usdt. USDT is the most popular crypto stable coin on the planet as I would see it this can't be phony since it's now in the market for right around 1-2 years however it is as yet running and I think this coin has exceptionally splendid future when contrasted with some other stable coin.
I have zero trust in Tether. It's not backed by any significant amount of collateral, isn't technologically interesting and has no mechanism other than trusting exchanges to keep it pegged at $1. The death of Tether will be when crypto experiences its next 80% wipe, people rush to sell out and move into Tether, and then ask the exchange to cash them out for dollars. At that point, the exchange will just laugh at them and say "enjoy that garbage you're holding. You thought that was an actual dollar? You idiot"
I am using USDT more than other stable coins in cryptocurrency because USDT is the most top stable coin in the market.
The more people using USDT in crypto, i think the more it will become a reliable and trusted stable coin.
Although there are other stable coins in crypto such as DAI, etc, i still prefer USDT.
The more people using USDT in crypto, i think the more it will become a reliable and trusted stable coin.
Although there are other stable coins in crypto such as DAI, etc, i still prefer USDT.
the fact is that USDT is very profitable to use when the cryptocurrency market is falling to minimize losses. I believe in Tether, because during its several years of activity in the cryptocurrency market, USDT has practically remained unchanged in price, even though the cryptocurrency market is in an up or down trend.
Why not trust USDT? It was exist long time ago and no any coin can replace it.
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