USDT is a place for temporary asset parking while waiting for the market to return to bullish. so we can buy at cheap prices. but this coin is not suitable for investment, because there is no increase in price and tends to be stable even when the market is bearish
How to buy at cheap prices if this USDT is stablecoin? Of course the price is always same, neither cheap nor expensive. Stablecoin is to maintain the value of your assets so they don't fluctuate like Bitcoin or Altcoin. Yeah I agree if Stablecoin is a parking coins while waiting for the Bullish trend to arrive. 
Topic: Do you trust USDT? - page 30. (Read 7100 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?
Do you trust USDT or believe it might be a scam?
there were rumors that usdt is not backed by dollars and they denied the audit of the company which raised questions on the projects however usdt is an old currency and has gained the trust of the traders. i personally don't that whole supply of usdt is actually backed by dollars
I don't find any reason to not trust on usdt because its adoption is massive and it's available on almost every cryptocurrency exchange this is possible because mostly people have trust on it and I hope that this well established stable coin won't disappoint us and provide the best for sure.
Currently, most people use stable USDT coins, so there is no reason not to trust usdt, the daily volume is very high and reaches $ 40 billion.
why do others say coin scam? unless dev intends to trick his coins.
Use only for trading but not recommended if you want to store it to your wallet . There will no increase of its price so holding it will not even give you profit so why will you invest for a currency that you will not earn any? Even its not scam there is no reason holding it. why do others say coin scam? unless dev intends to trick his coins.
I trust USDT and I don't think they will ever scam. Though USDT has suspicious activities but that doesn't mean it will scam us. If you feel risk here then you have other options like USDC, PAX, TUSD, DAI and so on!
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?
I will answer according to the question you asked, and the first is that I really believe in USDT tokens, because the tokens are really from the USD platform, and another about the issue of the ERC-20 token claim which is said to be supported by the dollar at a ratio of 1: 1, I am a little distrusted, why can not believe it, because in the name of exchange bitfinex. Do you trust USDT or believe it might be a scam?
I fully faith Tether(USDT) because it's value almost stable.
Currently, most people use stable USDT coins, so there is no reason not to trust usdt, the daily volume is very high and reaches $ 40 billion.
why do others say coin scam? unless dev intends to trick his coins.
why do others say coin scam? unless dev intends to trick his coins.
I have read some information regarding this issue, and there is some pron and cons against this coin. Also I just wondering why the USDT coin was created by the people of chinese. Isn't the dollar the US currency? Why the government of US didn't examine this coin? I don't know about these thing but clearly at this time USDT is the most stable coins that being used by many people expecially for trading pair. So, I'm sure if this coin will live last long because there is no party who try to investigate this thing and USDT will be safe.
I fully believe in USDT because so far this token has been stable at $ 1 USD unlike altcoin which prices go up and down.
considering this token is in the top 5 coin marketcaps that almost all market exchanges exist and must be paired with the king of crypto (bitcoin). when exchanged to FIAT in all countries the value remains $1 USD
USDT is a place for temporary asset parking while waiting for the market to return to bullish. so we can buy at cheap prices. but this coin is not suitable for investment, because there is no increase in price and tends to be stable even when the market is bearishconsidering this token is in the top 5 coin marketcaps that almost all market exchanges exist and must be paired with the king of crypto (bitcoin). when exchanged to FIAT in all countries the value remains $1 USD
The original idea of Tether was great, a cryptocurrency that is ‘backed’ by the dollar. Investors loved Tether as it was a safe haven for storing profits.
I fully believe in USDT because so far this token has been stable at $ 1 USD unlike altcoin which prices go up and down.
considering this token is in the top 5 coin marketcaps that almost all market exchanges exist and must be paired with the king of crypto (bitcoin). when exchanged to FIAT in all countries the value remains $1 USD
considering this token is in the top 5 coin marketcaps that almost all market exchanges exist and must be paired with the king of crypto (bitcoin). when exchanged to FIAT in all countries the value remains $1 USD
I have never used it nor converted by btc into a USDT even before that controversy where it's involved. And until today, I don't have any plans of using them even it will be called with anything that it has been thrown of.
Regardless of whether people will believe it's a scam or not or they are trustworthy, the price of it maintains to be at the range of $0.999 - $1.
Regardless of whether people will believe it's a scam or not or they are trustworthy, the price of it maintains to be at the range of $0.999 - $1.
Until now USDT is still widely used and trusted by people and one of the most popular tokens, but I think this is an old issue. It never hurts to be careful, I personally use USDT when other options are not available
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?
Well, it was recently reported that USDT is actually only backed by around 70% USD in the bank.
That means buying USDT at dollar parity should be the same as throwing 30% of your money away.
However, for some reason USDT still appears to be maintaining its dollar peg, but I've got no idea how.
Regardless, as soon as I heard about USDT's fractional reserve, I converted everything I had into TUSD and USDC and never looked back.
So no, I don't trust it anymore, and neither should you until they prove their reserves are 100% backed.
Is actually the most used tokens when it comes to usd Check every exchange pairing and you will surely find Tether there So am sure thats the most used and the most trusted There is actually no reason not to trust it But ofcourse there are many others like it so the choice is yours to make
yes, I trust USDT even though I never invested in USDT, because I do not like to invest in stable coin (not giving me profit), so I never invested in USDT until now, but I believe USDT is very safe, because until now there was no problem or thing that makes USDT can not be trusted and there are still many people who use USDT to make transactions.
It's complicated to answer this question
We have a lot of controversal stuff against USD Tether but until now nothing is proved
I prefer to believe and use this stable coin, but with caution, I only use to keep my position in the market in USD for short periods of time, not long time to avoid the risks
We have a lot of controversal stuff against USD Tether but until now nothing is proved
I prefer to believe and use this stable coin, but with caution, I only use to keep my position in the market in USD for short periods of time, not long time to avoid the risks
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?
I do believe if that was having a huge chance to be a scam but this is not only my concern. The fact that im still using it right now to trade with bitcoin or ethereum as it's still having huge demand and it's so difficult to be a scam. The tether company has already stated if they have not backed all of the funds with the fiat money and they are not having good credibility caused by that and the transparency is less compared with another stable coin. Im still prefers TUSD in this case by while im just using tether in a short time to secure my profit and that's enough. Do you trust USDT or believe it might be a scam?
At least the reserved funds that hold by tethers are already audited even not all of tether token backed by fiat money.
This company is not having very good reputation but at the same time, this is not yet a scam project too. It's placed in the gray area.
USDT are not only existing in ethereum network (Erc20) they also exist in OMNI blockchain. Some exchanges using OMNI before but they switch to Ethereum because of the high fees. There are some shady stories about usdt, some says they used it to pump bitcoin, they print a lot of usdt and pump a certain coin. There is no proof but it is up to you how will you use this asset and be responsible.
Jump to: