Topic: Do you trust USDT? - page 14. (Read 7100 times)
The other thing is this. Most other coins altcoins... you can't sell straight for usd or usdt... they mainly pair with btc. So most traders when they make profit with an altcoin... they sell it for btc... but do majority sell it for usdt to hold the value? I always hear ppl say most ppl believe in btc and hold btc after selling altcoin... but if you want to make short term profit or usd profit... well you need to hold it in usdt right?
Well isn't usdt the way to keep money constant and not care about btc changes daily? Like if you are trader, well you are using either usd or usdt right? I mean seems like usdt is the only way to trade if you want to make short term profits?
Do you trust USDT or believe it might be a scam?
Of course I do, who doesn't trust USDT? 
, I personally trust USDT, I'm a trader and I normally prefer leaving my crypto in usdt to avoid loss in value, and it's not just me, so many traders out there also prefer leaving their crypto in usdt, because of how risky it is to leave their money in volatile coins, that's why so many of us pick usdt as a store of value 
, although they have been accused about not been fully backed by the banks in US, but I still trust it anyway. 
Honestly,i do not trust it at all.I would not hold USDT for a long time,sometimes I use USDT as an intermediary when trading, but this is when there are no good alternatives,then i'll quickly trade USDT for cash,BTC or ETH.
Do you trust USDT or believe it might be a scam?
I believe in usdt for it's stability in price. If I get a hint of bitcoin or other altcoins price dump I will prefer to exchange my crypto and keep it in usdt wallet. It has gained good position in marketcap and trust of user. If you are focusing on scam then you shouldn't trust any crypto. 
Usdt erc20, now usdt trc20 is available in several markets. even the cost of trc20 is cheaper than erc20.
Usdt coins are stable and traded in many markets.
Usdt scam or not a scam, nobody knows. I only use it for trading and withdrawal of balance.
Usdt coins are stable and traded in many markets.
Usdt scam or not a scam, nobody knows. I only use it for trading and withdrawal of balance.
Yes for me it is one of the most trusted cryptocurrencies as of the moment in cryptoworld and market knowing the stability of this coin that makes many of the crypto holders hodl this low risk altcoin.
Choosing a coin that has a low risk is perfect for beginners to learn short and long term trading because it reduces the risk of loss if they make a mistake besides that they have a lot of time to research other coins that have USDT pairs so that the insight gained becomes broad
I know a lot of people talking about USDT is a scam or FUD coin. But nothing happened to it, stable coins have a fixed selling price and are good for trading pairs. even I personally often use this coin as a tool for trading pairs but not for the long term.
That's because everyone believes in the existence of USDT and accepts it as a fixed price token. This coin proved to be quite helpful in securing traders' assets when BTC and Alt prices crashed. The chances of the USDT being destroyed are very unlikely, due to the large volume of transactions and this token has proven to have a strong price against the USD
I know a lot of people talking about USDT is a scam or FUD coin. But nothing happened to it, stable coins have a fixed selling price and are good for trading pairs. even I personally often use this coin as a tool for trading pairs but not for the long term.
I don't really believe in USDT because all altcoins are under someone's control, there are many altcoin prices that often go up and down due to the influence of the crypto market.
If we look at the USDT price chart it is often stable, but I prefer ETH over USDT because ETH is often used by many people and it is possible that ETH prices will be even more expensive than the previous price.
If we look at the USDT price chart it is often stable, but I prefer ETH over USDT because ETH is often used by many people and it is possible that ETH prices will be even more expensive than the previous price.
What is the reason they said USDT is a scam coin ? As long we can buy the USDT with our fiat money and sell it back, it is not a scam.
Now that many defi projects have been created in cryptocurrency, stable coin like USDT will be required to be used in their platform.
The reason is their transparency on their promise of holding the worth equivalent as collateral whenever they mint new coins and that got them into trouble and if any authority finds out they are manipulating the market by adding new coins without any collateral then the entire market collapses. So you need to be careful as we have seen many fall apart in this market. Now that many defi projects have been created in cryptocurrency, stable coin like USDT will be required to be used in their platform.
Yes, absolutely. I don't have any issues with using usdt. usdt is the most popular stable coin available in the market. It's not only most used stable coin in all altcoin ranks it comes in position 4-5. It has a huge market cap and day by day it's growing. I know there are many fud around usdt. I don't know that's are true or not. I don't fac any kind of problem so I use it. If you don't wantnto it's fine. In the market there are lots of choices for altcoin available. So you can pick one or another.
Yes for me it is one of the most trusted cryptocurrencies as of the moment in cryptoworld and market knowing the stability of this coin that makes many of the crypto holders hodl this low risk altcoin.
yes,because they have huge trading volume so i can finish the trading get my BTC or ETH in a minute.so for the convenience on trading,USDT is trustworthy.
Most cryptocurrencies have 2 significant disadvantages. The 1st is not being provided with real assets. The 2nd one is exchange rate volatility. The USDT solves both problems — it is backed by US dollars at a 1:1 ratio. If you trust a dollar, why do you distrust Tether? It allows you to trade on crypto exchanges as a substitute for the US dollar with low fees and almost instantly.
Yes, they manipulate the price, but what to do?
I guess he meant risk with company which issued Tether - Ifinex (parent company of Bifinex, Tether and some others). The risk only in this, as this is centralized company and they have some problem with USA.
yes,because they have huge trading volume so i can finish the trading get my BTC or ETH in a minute.so for the convenience on trading,USDT is trustworthy.
Most cryptocurrencies have 2 significant disadvantages. The 1st is not being provided with real assets. The 2nd one is exchange rate volatility. The USDT solves both problems — it is backed by US dollars at a 1:1 ratio. If you trust a dollar, why do you distrust Tether? It allows you to trade on crypto exchanges as a substitute for the US dollar with low fees and almost instantly.
Yes, they manipulate the price, but what to do?
I mean usdt has been out a while already. So if someone has a lot of usdt in their account... should they feel uncomforatble? Imagine like 5k usdt or more. Or say someone with 50k usdt or more for more serious uesrs.
yes,because they have huge trading volume so i can finish the trading get my BTC or ETH in a minute.so for the convenience on trading,USDT is trustworthy.
The USDT / Tether stable coin is the oldest stablecoin that can be relied on to freeze your money. But why do so many people dislike USDT or even disbelieve it? whereas in my opinion stable coins like this are very good for trading pairs because the price is stable.
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?
Do you trust USDT or believe it might be a scam?
We usually sell bitcoin or other tokens for usdt to stop the losses or to fix the revenue in dollars. It is okay, but the bad thing is that bitfinex can emit any number of usdt tokens which will end up in an inflation)
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?
Do you trust USDT or believe it might be a scam?
We usually sell bitcoin or other tokens for usdt to stop the losses or to fix the revenue in dollars. It is okay, but the bad thing is that bitfinex can emit any number of usdt tokens which will end up in an inflation)
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