as USDT tether always claim that there token is pegged by 1:1 USD dollar. but in the last few months, there is an increase in printing of USDT which is suddenly increasing in the supply of USDT. and people doubt that. if they going to scam it will hurt more crypto world. because mostly investor secures their funds in USDT as it is a stable coin and support many blockchains.
as a suggestion, you can keep your fund in multiple stable coins BUSD, DAI,USDC.
Topic: Do you trust USDT? - page 16. (Read 7100 times)
USDT for me, with my personal opinion, is almost same with other, maybe for investment wouldn't really worth to do with it because it's price keep stable and profit that we can get is not worth with time that we need to hold, maybe about trust, i will concern my trust to a coin that can be good to use as investment, that is why i keep do research about coin that i will use as an investment.
indeed because the USDT price movement is not too much, it will be difficult to find profit at a stable price, not too valuable for investment, it must be able to have very good price movements and always go up as happened with bitcoin from its inception until now the price can be very expensive which means that bitcoin is very suitable for investment. 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?
After voting yes. I see, 97% of people trust USDT. Even if the USDT can't be trusted at the beginning, it has served a lot of purpose in the cryptocurrency market without failing for once. So, USDT is a good asset for stable coin.
Of course I really trust USDT, because so far I have never had any problems with depositing funds in USDT. Moreover USDT
has a high enough demand, because it is proven to be able to save our assets in crypto. Because USDT includes stablecoins
whose prices are comparable to USD, hence it will not be affected by the volatile crypto market. And if USDT is not trusted
by investors it is unlikely to have a larger volume than Bitcoin.
has a high enough demand, because it is proven to be able to save our assets in crypto. Because USDT includes stablecoins
whose prices are comparable to USD, hence it will not be affected by the volatile crypto market. And if USDT is not trusted
by investors it is unlikely to have a larger volume than Bitcoin.
USDT for me, with my personal opinion, is almost same with other, maybe for investment wouldn't really worth to do with it because it's price keep stable and profit that we can get is not worth with time that we need to hold, maybe about trust, i will concern my trust to a coin that can be good to use as investment, that is why i keep do research about coin that i will use as an investment.
USDT is already very trusted because USDT is already a lot in several large exchangers moreover USDT is the main pair in all coins or tokens
other than that the USDT network is already very large examples of networks such as USDT ERC20 and USDT TRC 20 so there is no need to hesitate with this stable coin
True talk, USDT has been one of the major coin that always bee pair with other good coins around the cryptocurrency. Although, the reason why thousands stood against the coin was that, it wasn't backed by the US government who are the rightful owners of the coin. Though, hope the united State don't freeze those coins(when the war of ownership step in) in their respectively cryptocurrency exchange. other than that the USDT network is already very large examples of networks such as USDT ERC20 and USDT TRC 20 so there is no need to hesitate with this stable coin
Yes. Absolutely. I didn't find any reason not to trust usdt. In the market there are a lots of stable coin available. But usdt is the most used stable coin among all of them.it has a huge market cap cause most of the people use it,most of the exchanges use it as a main stable coin. Ibknow there is many did about usdt going on. More than that people still trust this coin that is why they are using it. And I had no bad experience with usdt. So it's always okay for me to use usdtm but if you think usdt is not trusted then you can go with other altcoins. Cause in the market there are lots of alternative available.
I like to use USDT to process trading and i also use this currency to buy some new tokens. There is no doubt that almost all traders use usdt to complete their daily trading tasks. I first taught my younger brother to use usdt to teach trade because it is much easier to trade with usdt as new. However, many holders convert to usdt when the crypto market goes down and there holding token.
Usdt is one of the most stable altcoin price movements among other altcoins on the market, for me personally I would not buy usdt as an asset in the trading market because in my opinion it will only waste our time because we all know that usdt rarely increases price and vice versa, but if it's just for saving without expecting a profit, of course USDT is the right alt coin, and we can even hold it for a long time without having to fear loss because USDT is very unlikely to experience a significant price decline. I don’t trust USDT because its like fiat that governments can print it anytime they want.
But of course they serve function in crypto space to protect traders and safeguard their earnings. But as traders we must put in our minds what is the real function os this token, not ideal for keeping long term.
But of course they serve function in crypto space to protect traders and safeguard their earnings. But as traders we must put in our minds what is the real function os this token, not ideal for keeping long term.
In my opinion, this token was created in order to store money in the crypt for a long time and reliably. Due to the fact that the token has a huge liquidity due to its binding to Fiat, the coin will have value in the market, even if the entire crypt suddenly goes down sharply. This is unlikely, but all scenarios must be considered. And here USDT is your assistant.
I don’t trust USDT because its like fiat that governments can print it anytime they want.
But of course they serve function in crypto space to protect traders and safeguard their earnings. But as traders we must put in our minds what is the real function os this token, not ideal for keeping long term.
But of course they serve function in crypto space to protect traders and safeguard their earnings. But as traders we must put in our minds what is the real function os this token, not ideal for keeping long term.
USDT is good and stable coin. Thousands of investors have already invested on this coin.
I think you mean thousands of investors are not investing, but saving their assets in USDT,because stable coins are very different from other coins, those who buy stable coins tend to want to keep their assets or save assets when the market is down,
When the market goes down they buy USDT and when the market goes up they invest in the currencies they like. That's how USDT and the crypto market work.
If with USDT you mean ERC20 Tether, then maybe the question should be : do you trust Ethereum network to handle Tether (for now and for the nearby future) ?
I think it's not the Ethereum network, but the centralization of Tether and smartcontract features!For example, the Tether team was recently able to REFUND 1M USDT, which were wrongly sent! LOL...
USDT is already very trusted because USDT is already a lot in several large exchangers moreover USDT is the main pair in all coins or tokens
other than that the USDT network is already very large examples of networks such as USDT ERC20 and USDT TRC 20 so there is no need to hesitate with this stable coin
other than that the USDT network is already very large examples of networks such as USDT ERC20 and USDT TRC 20 so there is no need to hesitate with this stable coin
If with USDT you mean ERC20 Tether, then maybe the question should be : do you trust Ethereum network to handle Tether (for now and for the nearby future) ?
USDT is good and stable coin. Thousands of investors have already invested on this coin.
I think you mean thousands of investors are not investing, but saving their assets in USDT,because stable coins are very different from other coins, those who buy stable coins tend to want to keep their assets or save assets when the market is down,
Why should i doubt USDT ? There are many people in cryptocurrency using USDT as their stable coin now.
You can see just on ethereum network alone, USDT usage is very high and it is one of the most gas user in ethereum blockchain.
If you don't trust USDT, using other stable coins maybe a good option for you to avoid high volatility in crypto.
You can see just on ethereum network alone, USDT usage is very high and it is one of the most gas user in ethereum blockchain.
If you don't trust USDT, using other stable coins maybe a good option for you to avoid high volatility in crypto.
I'm yet to know what's wrong with it. I have heard a few noise around it but I invested in it and have the token without issues.
So far, I still trust USDT until it gives me reasons not to trust it again. There are always the bad ones that make people disbelieve what is real.let's watch it our over time. It is a liquid token.
So far, I still trust USDT until it gives me reasons not to trust it again. There are always the bad ones that make people disbelieve what is real.let's watch it our over time. It is a liquid token.
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?
How can this be a Scam if it is a liquid token? Let's look at its statistics and see that all its time it was almost completely pegged to the dollar. Why is it a Scam if you can sell it on any decent exchange and get real money on it? In my opinion, everything is obvious - he is the same fraudster as bitcoin)()
I personally don't trust USDT completely, you don't need to trust anything before using it. I can see USDT points as a stable coin to switch to when the crypto market is volatile. Keep your ideas right about USDT simple. so, use stable coins as trading pairs and not for long term investments.
Lol then which coin you want use for trading? I think you are a rich trader because you have no fear of losing money. More convenient than all other currencies is usdt which is actually a stable coin. You can trade carefully and your money will not change because usdt is a stable coin whose value is always stable.
For me it's yes. And mong all stable coin I mainly go for usdt. Inknow there are many rumours about usdt. But I never felt any kind of problem in usdt. Usdt has biggest marketcap among all the stable coins. Cause people like it that's why usdt is able to gain this kind of big market cap. But if you think that you don't like usdt. Then there are lot of options available. You can try any of them. And better option is you can split your fund in different stable coins.
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