Topic: Do you trust USDT? - page 23. (Read 7100 times)
I trust enough to use it for trading, for me usdt pairs are just for getting in and out of trades. It's a coin that you hold to keep your capital stable while bitcoin is going down (or any other crypto). And that holding is not holding, when I sell I make few buy orders at some lower prices and I just wait them get executed.
Yes, I also trust USDT because I usually used it when I buying games most especially in tokens. Previously and until know, I think not only me that sometimes we used to pay for software that requires a dollar so that the most legitimate operating system which is commonly used for digital technology comes from the United States, that's why this is also simply the best for me.
in my opinion USDT is not a scam because, currently USDT does not only use the erc20 network, now there USDT with the trc20 and omni network so don't worry about USDT use erc20 network
That is a funny way to ensure the trust of a stable coin 
. Trusting the coin does not mean the network or blockchain they are using but to become a stable coin they need to pledge the asset equivalent to get the stable valuation and do you trust the team that they are doing that if not the market will crash, so think again before making a comment . in my opinion USDT is not a scam because, currently USDT does not only use the erc20 network, now there USDT with the trc20 and omni network so don't worry about USDT use erc20 network
It doesn't matter what network it uses. It's a scam because they are not backed. They are not different from any other altcoin with partial backing. You can't be sure if you will or will not be able to exchange your usdt to usd in 1:1 ration in the future.
Why should this be a Scam? Throughout its existence, this coin has performed very well and its value has always been equated to one dollar. What makes you doubt it and think it's a Scam? Of course, there are different opinions on this, but let's still rely on the indisputable and obvious facts.
Past performance is not indicative of future results. 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?
No bro, if it was scam it would not have sustained so far forward, till now it would have been forced to shut down and the people behind it jailed but the fact is that the project is clear and they have justified their business procedure several times to the authorities that is why they are still operating after the green signal from authorities.Do you trust USDT or believe it might be a scam?
Personally i really enjoy usdt pairs and it is really fun to trade with this pair.
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?
Why should this be a Scam? Throughout its existence, this coin has performed very well and its value has always been equated to one dollar. What makes you doubt it and think it's a Scam? Of course, there are different opinions on this, but let's still rely on the indisputable and obvious facts.
associated with USDT is a stable coin and is widely used for trading pairs and long-term investments. even the risk of loss when investing in USDT is not that great. I believe USDT As a pairing tool for trading as well as for long term investment.
in my opinion USDT is not a scam because, currently USDT does not only use the erc20 network, now there USDT with the trc20 and omni network so don't worry about USDT use erc20 network
Don't really trust USDT, but it's secure enough that we can use it for long-term hold or trading. Personally I have been using it for over 3 years now and I have not had any problems with it
I trust and really like USDT because it gives you a lifeline when the market is dumping. You can sell your altcoins for USDT to preserve their monetary value and then use the funds to buy back at the bottom.
The daily trade volume of USDT can be a very good point as a representation for the trust of the traders and investors for USDT. in fact so many people are still believing with it. This must not be asked as a question consider marketcap has told us even better about how far investors were trusting this coin. 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?
I don't think USDT is a scam. The coin should be the fourth most popular coin, since its the fourth highest based on the coin market cap. I don't think there's any reason for one to be scared because this issue of their reputation has been called to question several times and in all these, they've come out stronger. I do hope that we focus on the aspect of the project that matters more and not their reputation.
I trust USDT but i don't consider it is real USD backed. We use USDT to calculate our assets' value in portfolio. As we know, crypto is not supported by real USD. So, we need to calculate our BTC, ETH and altcoins' value in USDT. It is one of the top 10 coins in crypto markets.
why do you think they cannot be backed by real dollars. I think that over the entire existence of USDT at the market, they have already made so much money that they can easily provide themselves with real money I certainly believe it USDT. But I believe it is only helpful to calculate if you believe in BTC or Etherium or other alter coins.It basically works in the case of conversion.It serves as one of the most helpful alternatives.I know that crypto World never supports Real USD.
all traders and investors still believe in USDT, so I also as a newbie still believe, because it's easy to keep coins stable, and USDT has a lot of volume on coinmarketcap, so why not believe it?
I certainly believe it USDT. But I believe it is only helpful to calculate if you believe in BTC or Etherium or other alter coins.It basically works in the case of conversion.It serves as one of the most helpful alternatives.I know that crypto World never supports Real USD.
I trust USDT but i don't consider it is real USD backed. We use USDT to calculate our assets' value in portfolio. As we know, crypto is not supported by real USD. So, we need to calculate our BTC, ETH and altcoins' value in USDT. It is one of the top 10 coins in crypto markets.
You know even fiat have an inflation rate each year. I think USDT doesn't have a gold reserve or actual dollar reserve to exchange for 1:1 rate. You shouldn't trust any on their claim and only hold a low percent of USDT when needing it.
USDT is a good stable coin apparently the best stablecoin but I do not trust it because of the centralized nature it has, meaning anything can happen to users funds and no questions will be asked since the team have every power to do so, it happened few weeks ago but on a different stablecoin where the user's wallet was frozen. Also, although I don't have any trust for USDT but I won't call it a scam coin, because I have not heard nor seen anyone saying he was scammed by USDT, so I would say that scam and trust are two different words and I know the one to use in regards to USDT.
Usdt is a reliable Stable coin but centralized which is why many don't like the stable coin but the only people that needs to be worried are those who are into illegal activities like stolen funds, hackers and drug dealers, USDT team can freeze any funds that's from illegal sources
Avoid id usdt if you have a large portfolio. Use usdc, busd, pax,All stable coins are supposed to be audited by an auditing firm(NYFDS). Every coin minted must be backed with a dollar in reserve. Usdc, busd, pax and one other coin are the ones that passed the auditing. Usdt has no record of being audited whatsoever. Which means it could disappear anytime
I do use it for day trading but if I were to hold longer term any stablecoins it wouldn't be Tether. I would prefer a stablecoin that has a better history. If you see now the BTC pump was created by Bitfiniex printing a whole lot of Tether and flooding the market with it, inflating the price of BTC. They can do a massive dump anytime, like the one massive red wick that happened this morning. So do I trust USDT? Not as much as I trust other stablecoins but it has become a necessary evil as most usd pairings are with this stablecoin.
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