I know usdt this currency is very good and attracts everyone to it because when I buy another coin I worry because I know when the market gets dumped. And if I keep jodi usdt then there is no need to worry because it will not come. I understand from a little knowledge, so I shared with you, thank you.
Topic: Is USDT Tether safe? - page 10. (Read 23491 times)
I believe usdt stable coin. I always prefer usdt coin. I am always trade usdt peyer. Usdt team always active and solved any bug. All the market has usdt coin and the volume is very good.
UDST has a fixed or stable selling price at a fixed price. So it is safe for investment, if you are not sure then you can choose other stable coin options such as USDC, DAI, etc. For me USDT is very safe for investment, because it can maintain its selling value and can minimize the value of losses as well.
I believe that it is worth paying attention to the behavior of USDT during large-scale fluctuations in cryptocurrency rates in the cryptocurrency market from 2016 to the present day. USDT has always served as a very reliable storage for the cryptocurrency user and for traders at the time of a sharp drop in prices. Given this behavior of USDT, I have no doubts about the stability of one coin.
i still use USDT to this day and it doesn't have any issues and being stable is reason enough to use it against bear season. Apart from that, apart from users, exchanges are still using it today, it also shows that everything is fine. USDT is very safe and suitable for trading pairs.
I stored more than 2000 USDT in my wallet for a year and half now, I don't think there is anything to be worried about, this stable coin is well supported and embraced through out the entire crypto space, do not worry yourself, although I won't recommend if you are into frauds, USDT has the power to froze your money
I think USDT is safe for investment, And I never faced any kind of problem while holding this stable coin. There is fomo about USDT about that asset-backed. But that's fine. And it still has the most volume among all stable coins. so I think USDT is safe to use.
Yes USDT is one of the safest stable coin in crypto space today, the reason why many are in worries about USDT is because of the ability to freeze addresses but that's never going to happen unless you scam people or funding illegal stuffs, I like USDT the most and I've been using for some time now, I have zero problem with it.
of course it's safe it's stable coin
I think using tether is not safe. I have heard many times that tether is not backed by real doller. So there is always risk. I use it only for short term trade.
Using tether certainly involves some risk, even if the dollar reserve is there and transparently announced you don't know whether the USDT could really be traded for dollars unless you try it yourself by going to their company or contacting them trying to exchange your usdt to real dollars, but atleast they are now too big to make it quite hard for them to just make some silly moves. Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?
One of the supporting factors for bitcoin price increases and there are still many that influence it and for accurate predictions it is still not 100% accurate.
I think to keep the USDT safe always read developments in the dictation of market changes and speculation.
Vietnam's oldest Bitcoin Exchange BitcoinVN enables USDT (Tether) for purchase / sale against Vietnamese Dong (VND).
---> https://news.bitcoinvn.io/tether-usdt-now-available-on-bitcoinvn/?lang=en
Quote
Tether demand and market cap (close to about 10bn USD) has grown tremendously over the past several months, according to the stats collected by the BitcoinVN OTC trade desk over 80% of OTC deal volume is now conducted in USDT/Tether, while about in summer 2019 the trade volume saw Bitcoin ahead with about 60%; followed by USDT (25%) and Ethereum (ETH) at about 15%.
---> https://news.bitcoinvn.io/tether-usdt-now-available-on-bitcoinvn/?lang=en
I think using tether is not safe. I have heard many times that tether is not backed by real doller. So there is always risk. I use it only for short term trade.
Btw for all of you that thinks this stable shit is secure maybe reading this article will open your eyes
and make you rethink your views.
https://www.coindesk.com/the-stablecoin-surge-is-built-on-smoke-and-mirrors
Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?
I think no matter how much USDT is printed, it has no effect on other coins. This only affects the Tether coin, because the volume has increased. Every 1 USDT printed, it will add $ 1. If they print $ 1 billion USDT or Tether, then the same as they already have $ 1 billion dollars. This is very different from other coins. Other coins are very dependent on demand.
So lets see. If they print USDT from thin air and put on market it does not affect other coins you say.
And what will happen if they use this thin air money to buy bitcoin or any other coin?
Will the price of bitcoin rise?
What you can't see here is the market is manipulated with that stable shit which they can print out of thin air
so is bankster model 2.0 same as FEDs but in crypto sphere.
In my opinion, this is safe, because USDT is a stable coin that keeps the price of the coin stable and moreover, large exchanges such as binance and coinbase use it to exchange coins that have just entered the exchange
Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?
I think no matter how much USDT is printed, it has no effect on other coins. This only affects the Tether coin, because the volume has increased. Every 1 USDT printed, it will add $ 1. If they print $ 1 billion USDT or Tether, then the same as they already have $ 1 billion dollars. This is very different from other coins. Other coins are very dependent on demand.
Tether USDT jumps past Bitcoin Cash with market cap now challenging Ripple
Just two years ago, Tether’s market cap was around 2.5 billion dollars. Now, the asset’s market cap is over 6 billion and closing towards the third-largest cryptocurrency XRP which has a market cap of 8.4 billion dollars.
https://www.cryptopolitan.com/tether-usdt-market-cap-crosses-bitcoin-cash/
Just two years ago, Tether’s market cap was around 2.5 billion dollars. Now, the asset’s market cap is over 6 billion and closing towards the third-largest cryptocurrency XRP which has a market cap of 8.4 billion dollars.
https://www.cryptopolitan.com/tether-usdt-market-cap-crosses-bitcoin-cash/
I believe it is, although have not done due diligence on it but most of the exchange like Binance and some other popular crypto have adopted this coin so I think it's safe at the moment
To me usdt is the best and safest in general, it's what aist everyone relays on. No matter how bad market is, it's a coin everyone trusts and believe it won't dump like others. Usdt is a coin I can buy and sleep without having to panic or look back. I love the coin and can't compare it because if it's stability .
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