i invested my money on BTC and ETH, but i always buy USDT when the bitcoin and ethereum price are down so badly. also i hold some USDT till now and i have no problem with that even some people said that USDT is scam. it's stable coin that i trusted anyway.
Topic: Do you trust USDT? - page 22. (Read 7108 times)
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?
The scam is just an issue, I am always on USDT for long term savings and it doesn't matter whatsoever. because the base of the USDT coin is stable so the increase or decrease in price cannot be as surprising as the altcoins, but this is the best coin is not a scamDo you trust USDT or believe it might be a scam?
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?
The scam is just an issue, I am always on USDT for long term savings and it doesn't matter whatsoever. because the base of the USDT coin is stable so the increase or decrease in price cannot be as surprising as the altcoins, but this is the best coin is not a scamDo you trust USDT or believe it might be a scam?
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?
The scam is just an issue, I am always on USDT for long term savings and it doesn't matter whatsoever. because the base of the USDT coin is stable so the increase or decrease in price cannot be as surprising as the altcoins, but this is the best coin is not a scam Do you trust USDT or believe it might be a scam?
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?
Never had a single issue using it so I think it is good for now. I have never used it for long term just use to to pay someone or use it for myself and use it to store for some days. However it is also a cryptocurrency and we cannot trust any currency with its value all i can say is that it has stable value which is backed up so we can trust.
TEX-LXRY
according to this guy (with whom I agree) USDT has many disadvantages :
- It is not totally stable coin because it does not keep the same value vs usd
-The existence of frozen addresses that hold millions of this coins (which makes it not a cryptocurrency but a financial tool)
- It is not totally stable coin because it does not keep the same value vs usd
-The existence of frozen addresses that hold millions of this coins (which makes it not a cryptocurrency but a financial tool)
Yeah...i trust USDT. I mean it's the first stable coin, at least as far as i know and it's around for a few years now without major problems or happenings.
I remember though that from time to time the price wasn't really stable with fluctuations of +- 5% or so, but in recent history that didn't happen again.
In the end it's a crypto and everything can happen, but i think is a pretty safe stablecoin.
I remember though that from time to time the price wasn't really stable with fluctuations of +- 5% or so, but in recent history that didn't happen again.
In the end it's a crypto and everything can happen, but i think is a pretty safe stablecoin.
to some extent, though dont really know much about the USDT but since it backed by dollar and its equal to dollar, as at now its 1:1 as you have said; and dont think it has been fluctuating against dollar value in the time past, i think its a good coin. worth venturing into
USDT is on a major exchange and that means USDT is trusted by everyone so it can't be a scam. besides USDT is widely used by everyone to secure assets when the market is red.
Usdt is also listed on non major exchange . It's hard if will based on exchange to say that a coin is trusted or not . Usdt is not a pure breed of crypto and there are people that won't trust that kind of coins but for some it's not really a big deal , as long as we can see them being paired on crypto and most feedbacks are okay , we don't doubt on them .
Many simillar coins that have same concept as usdt but as of now usdt ranked first .
it is a coin controlled by someone, anything has control in a hands of someone or organization will have a risk to turn somehow into risk, that is why most people trust, and keep their money in Bitcoin not in altcoin for savings, people trade yes, for-profit but for the long term they only keep it in bitcoins because none is in control of it and ofc due to the anonymously
USDT is on a major exchange and that means USDT is trusted by everyone so it can't be a scam. besides USDT is widely used by everyone to secure assets when the market is red.
Usdt is also listed on non major exchange . It's hard if will based on exchange to say that a coin is trusted or not . Usdt is not a pure breed of crypto and there are people that won't trust that kind of coins but for some it's not really a big deal , as long as we can see them being paired on crypto and most feedbacks are okay , we don't doubt on them .
Many simillar coins that have same concept as usdt but as of now usdt ranked first .
USDT is on a major exchange and that means USDT is trusted by everyone so it can't be a scam. besides USDT is widely used by everyone to secure assets when the market is red.
Usdt is also listed on non major exchange . It's hard if will based on exchange to say that a coin is trusted or not . Usdt is not a pure breed of crypto and there are people that won't trust that kind of coins but for some it's not really a big deal , as long as we can see them being paired on crypto and most feedbacks are okay , we don't doubt on them .
Many simillar coins that have same concept as usdt but as of now usdt ranked first .
USDT is on a major exchange and that means USDT is trusted by everyone so it can't be a scam. besides USDT is widely used by everyone to secure assets when the market is red.
There was only a small chance for USDT to be exit scam project consider it's not totally transparent with the real money that has already used to backed the token. I think that it's wrong to call this as a scam. All people trust usdt 
USDT is on a major exchange and that means USDT is trusted by everyone so it can't be a scam. besides USDT is widely used by everyone to secure assets when the market is red.
The people that 'trust' anything in the crypto-sphere are the same people that cry foul when they get scammed. There is nothing to trust in the space. NOTHING. People should go into this market with that mentality firmly in place.
There is nothing to trust in cryptocurrencies. There's nothing backing up any claims. There's no regulation. It's what I love about this market. The people that go all in on something, spending funds they cannot afford to lose and then cry when it's all lost are the ones that are going to ruin it because that empowers regulators to take over.
Don't trust anyone/anything. Be informed and make well thought out decisions.
There is nothing to trust in cryptocurrencies. There's nothing backing up any claims. There's no regulation. It's what I love about this market. The people that go all in on something, spending funds they cannot afford to lose and then cry when it's all lost are the ones that are going to ruin it because that empowers regulators to take over.
Don't trust anyone/anything. Be informed and make well thought out decisions.
USDT is still classified as a new coin, but when viewed from the trading chart for several months or years, it shows a stable value. so I think USDT is suitable for long term investment and I trust it
Is a big mistake to call USDT a COIN... And is norman when people don't know the nature of this Token. USDT was created with ETH smart contract as a token, so, we can't call it a coin, maybe the right ways to call it is a token or a 'Stable Coin'.
And answering the question, yes i trust in USDT.
All altcoins in the end if not managed properly will have an impact on the scam, so it all depends on the manager,
and I think USDT is still quite safe to trade and own, but it all comes back to every user.
and with a ratio of 1: 1 is still safe enough to be stored in our wallets.
and I think USDT is still quite safe to trade and own, but it all comes back to every user.
and with a ratio of 1: 1 is still safe enough to be stored in our wallets.
All big exchange today are using USTD , don't know why i should not trust them, as long big exchange will exchange USTD with crypto it is good to trade and save your money when crypto dump start.
All of exchange sites. Maybe there are some reasons that make them all feel doubt about that but based on so many reviews and a bunch of people were also still using USDT rather than another stable coin.This looks a very good thing for sure.
All big exchange today are using USTD , don't know why i should not trust them, as long big exchange will exchange USTD with crypto it is good to trade and save your money when crypto dump start.
Of course I really believe in USDT USDT is present in all big markets and high USDT enthusiasts in the market and more interestingly most traders use USDT for deposits and withdrawals to local exchangers
Personally I trust USDT. I think it's easier to use USDT than USD. More secure
Lol
Do you know what is USDT and what is USD?
USDT is a digital currency equivalent to USD, while USD is a fiat currency, and is also equivalent to USDT.
Speaking of security issues, I think both are safe, even USD is safer because it's a real currency.
If you hold USD, of course you are the one who maintains its security, but if you hold USDT you are dependent on a platform. If the platform something happens, then your money also participates.
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