I believe the Theter altcoin or USDT is one of the stable coins that can maintain its value in any situation. and I'm also not sure if the USDT is a scam. I like this coin because it is safe for investment or at least it can minimize investment losses.
Usdt just a good coin, Especially those who trade and can convert to usdt during crypto market dumping. Simply put, you can always use usdt to keep the amount of your capital stable. So i love it and eveytime usdt coin help me more.
Topic: Do you trust USDT? - page 18. (Read 7108 times)
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.
Tether is certainly good, but the constant proceedings with the New York attorney general keep me on stress. Here's an example of the last thing found, September 14, will be meeting with them.
https://www.coindesk.com/nyag-court-bitfinex-loan
https://www.coindesk.com/nyag-court-bitfinex-loan
Despite Bitfinex's problems with USDT, I think it is the most reliable and most widely used stablecoin. Since it works on many blockchains - Omni, Tron, Ethereum and EOS.
If something happens to USDT, it will affect all markets! Including all other stablecoins! That's why I haven't paid attention to talk about Tether... True, I don't keep my funds in it anyway! 
USDT happens to be the most popular stable coin in the space and this is also due to the fact that it holds the largest market capitalisation for stablecoin. They've been rumours that the issued coin doesn't represent the exact amount of that is held by the token in usd, but that's really not necessary because its impossible for everyone who holds USDT to convert to USDT at the same time. Since the project has been able to fulfil her obligations as it relates to holders, there's nothing to worry about.
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?
Usdt Tethers are trusted asset and it's backed by US$ but not all Tethers are 100% backed by US dollars.
They're making money out of nothing. lol
As what I also remember only BUSD is 100% backed by US dollar and you can ask them where to check for the verification.
Tether is safe so we can avoid market risks and it is listed on most exchanges. It is a stable coin that people exchange most often.
Although tether has had many scandals, I believe it is still the best stable coin right now.
Although tether has had many scandals, I believe it is still the best stable coin right now.
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?
Usdt Tethers are trusted asset and it's backed by US$ but not all Tethers are 100% backed by US dollars.
They're making money out of nothing. lol
As what I also remember only BUSD is 100% backed by US dollar and you can ask them where to check for the verification.
Of course all of them who taking negative about usdt, are not telling a lie! So it makes me confused about usdt whether i should trust it or not. But i didn't have any Trouble with it. Crypto industry is in bad condition after the bitcoin lost its price. Now usdt has stirred the industry by offering more stability in a volatile market, can safe crypto from price fluctuations.
As long as it's not scam and you're fine with you shouldn't be concerned about the rumor and moreover you shouldn't fully trust this stablecoin too much like leaving your money in form of USDC for many years. Just use it as you need and you wont find any problem.If they turns out to be a scam I'm sure there gonna be so many people chasing after them any way and be prepared for the massive sueing.
Of course all of them who taking negative about usdt, are not telling a lie! So it makes me confused about usdt whether i should trust it or not. But i didn't have any Trouble with it. Crypto industry is in bad condition after the bitcoin lost its price. Now usdt has stirred the industry by offering more stability in a volatile market, can safe crypto from price fluctuations.
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 i can say CMC number 3 position coin scam? Tether (USDT) is issued on the Omni, TRON, and ETH blockchains. I think the time is over now for that we can say USDT is scam coin. I made some transaction also with USDT by believing strongly. Yes, there somebody missed to USD and USDT but i think claver traders or investors must know about it and as a stable coin i think USDT future is very bright.
thanks.
Even USD is not going to be trusted from now on because USD printed more money in the last few months than the whole printed money in the last 200 years so imagine how the value of dollar is going to fall in near future.
About tether it is also doing the same thing by printing lot of coins and there is no proof that creator has reserves for all the printed tokens.
So better don't trust it from now on.
believe it or not, we each have our own perceptions. it's just that, there are still quite a lot of people who use USDT either because they believe it or not. however, as long as they can still use USDT as a stable asset repository, I don't think they are wrong. besides, among all the stable coins, USDT is the most trusted, and most people use it. it can be seen from the volume. About tether it is also doing the same thing by printing lot of coins and there is no proof that creator has reserves for all the printed tokens.
So better don't trust it from now on.
Its true that USDT is the most stable crypto, helps a lot during cryptp market have a big fall. I also used it many time so that i could ruduce loss in dump market. But have a different query about it. Specially the case of USDC, makes people think against USDT. But I never exprienced any type of issue using USDT. But if some had a bad experienced ,then others options are available istead of USDT
The issue is not about volatility or ease of use. The issue with USDT is whether we can trust the team. The backup funds are being held by the promoters (Bitfinex exchange), and they don't have a very good reputation. And in the world of cryptocurrency, it is foolish to trust the exchanges. We have seen a lot of the reputable exchanges going down all of a sudden, starting with Mt Gox in 2014. I would just say that you can use USDT for trading, but it will be risky to hold your wealth in the form of Tether for a long duration.
Its true that USDT is the most stable crypto, helps a lot during cryptp market have a big fall. I also used it many time so that i could ruduce loss in dump market. But have a different query about it. Specially the case of USDC, makes people think against USDT. But I never exprienced any type of issue using USDT. But if some had a bad experienced ,then others options are available istead of USDT
Just want to ask. Is it true there's a USDT mixer services like BTC mixer did? I ask such a question after reading this thread: https://bitcointalksearch.org/topic/m.55091395
Even USD is not going to be trusted from now on because USD printed more money in the last few months than the whole printed money in the last 200 years so imagine how the value of dollar is going to fall in near future.
About tether it is also doing the same thing by printing lot of coins and there is no proof that creator has reserves for all the printed tokens. So better don't trust it from now on.
really this can trap us if we are not observant. maybe we can save theather, but we have to stay alert. must always keep abreast of developments and the latest news that contain this matter.About tether it is also doing the same thing by printing lot of coins and there is no proof that creator has reserves for all the printed tokens.
So better don't trust it from now on.But why stable coins? For trading only it can be used or else it really doesn't have any potential.
Even USD is not going to be trusted from now on because USD printed more money in the last few months than the whole printed money in the last 200 years so imagine how the value of dollar is going to fall in near future.
About tether it is also doing the same thing by printing lot of coins and there is no proof that creator has reserves for all the printed tokens. So better don't trust it from now on.
really this can trap us if we are not observant. maybe we can save theather, but we have to stay alert. must always keep abreast of developments and the latest news that contain this matter. About tether it is also doing the same thing by printing lot of coins and there is no proof that creator has reserves for all the printed tokens.
So better don't trust it from now on.
So far I have trusted USDT because I can secure my assets from high price fluctuations, because a stable USDT price is unlikely to go down much.
It would never even go down without FUD, besides that USDT is the biggest stablecoin in this market and it is very safe for us to use every time the market crashes. I have also been using USDT for more than 3 years and have never had any problems with it
Even USD is not going to be trusted from now on because USD printed more money in the last few months than the whole printed money in the last 200 years so imagine how the value of dollar is going to fall in near future.
About tether it is also doing the same thing by printing lot of coins and there is no proof that creator has reserves for all the printed tokens. So better don't trust it from now on.
About tether it is also doing the same thing by printing lot of coins and there is no proof that creator has reserves for all the printed tokens.
So better don't trust it from now on. Jump to: