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Topic: Is USDT Tether safe? - page 13. (Read 23470 times)

jr. member
Activity: 546
Merit: 1
February 11, 2020, 05:42:07 AM
It's interesting question
  USDT safe or not? theoretically all coins even USDT is not safe because they have admins and all may happen
USDT has many rumors about scam,bitfinex etc but right now a lot of users use USDT

Future will show
member
Activity: 1764
Merit: 10
February 11, 2020, 05:12:42 AM
Everything is fine with USDT, you don’t even have to worry, I constantly work with this cryptocurrency and I keep my investments in this cryptocurrency for a long time and I advise you to do it especially when the cryptocurrency market falls, so don’t even worry about any problems with USDT.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
February 11, 2020, 03:06:54 AM
There is no exchange that doesn't list USDT for trading suppose on their platform, its wildly supported and if its not trusted many won't be using it to trade anymore, its a trusted stable coin even if its centralized like many claimed, I've never heard of any strange review about the coin once
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
February 10, 2020, 08:07:45 PM
Not only is it safe but it has now has launched its U.S. dollar backed stablecoin on the Algorand network
https://www.algorand.com

Leading stablecoin operator Tether launched its U.S. dollar-backed stablecoin USDT on the Algorand proof-of-stake (PoS) blockchain

“Our latest collaboration with Algorand leverages the speed and security of Algorand’s protocol to give traders fast settlement and reduced counterparty risk in their fiat to digital asset transactions.”

https://cointelegraph.com/news/tether-launches-usdt-stablecoin-on-algorand-blockchain
member
Activity: 633
Merit: 11
January 18, 2020, 11:07:09 PM
In my opinions that is not because of USDT. Bitcoin pumped because lot of new holders are bought bitcoins in stored on their hard wallets and keep holding for long term. USDT was stable coin they printed a new USDT because they supply was not enough that is only the reason why they always printing a USDT. I hope this is cleared.
member
Activity: 812
Merit: 11
January 18, 2020, 10:29:31 PM
At present many exchangers provide deposit facilities with credit cards so that we can transact using fiat money. Maybe Tether or other stable coins are safe but using fiat directly in my opinion is quite safe
hero member
Activity: 1092
Merit: 501
January 18, 2020, 10:01:02 PM
Personally, I periodically had doubts related to those litigations which, over and over again, had to be resolved by the company owning Tether. However, the latest news made me especially happy. It turns out that in the latest trial of Bitfinex and Tether, all claims from the court were withdrawn, which once again tells us that the company coped with difficulties, which means it increased its level of trust.
To be honest I have my doubts as well and it is why from time to time the price of tether goes down and it is not as stable as you may think because those rumours begin to become stronger, in fact there are rumours the reason we had a bull market in 2017 was because a huge amount of tether was printed, I do not know if it is true but those are the kind of things people say, so if you are worried about it then you should never hold any tether for any significant amount of time.
full member
Activity: 784
Merit: 101
January 15, 2020, 03:42:41 PM
For a long term hodl, I would suggest you diffrent one. From centralized stable coin I would believe USDC from Coinbase or Gemini USD. And from decentralized one the best choice is of course DAI, DeFi project created on Ethereum.  Wink
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
January 15, 2020, 02:37:33 PM
Personally, I periodically had doubts related to those litigations which, over and over again, had to be resolved by the company owning Tether. However, the latest news made me especially happy. It turns out that in the latest trial of Bitfinex and Tether, all claims from the court were withdrawn, which once again tells us that the company coped with difficulties, which means it increased its level of trust.
sr. member
Activity: 2002
Merit: 250
January 15, 2020, 12:53:15 PM
They can print as much as they want, as long as the price remains stable, I think all is well. Tether is an investor's saving grace in terms of stop loss especially during the period of bear market
traders' choices are USDT or USDC in exchange, to save money, of course USDT is already very trusted by all traders, but all can end badly, so the risk will still be there, use a wise strategy friend Wink
jr. member
Activity: 392
Merit: 2
January 15, 2020, 11:29:27 AM
Regardless of whether tie may be protected right now there is no assurance that it will be sheltered and secure later on. There is actually nobody who is over watching what its parent organization is doing. In any case, if tie ends up being a trick the entire crypto advertise will get singed genuine terrible and the market is going to drop huge.
sr. member
Activity: 1680
Merit: 263
January 15, 2020, 11:18:41 AM
in my opinion before investing in USDT Tether, it is good for us to see the development of the USDT Tether market, and find out about good and bad rumors, then we can make a decision to invest or not.
The price of tether, of course, always follows the development of the dollar price because what I know is like a dollar but this is in crypto and stable, so is it safe to make long-term investments in Theter? of course as long as they can freeze tokens of course no one is safe for the long term, so please choose whether to invest in these tokens or not if I better invest in Bitcoin or altcoin which can't freeze their tokens because it will be safe for us in the long term.
full member
Activity: 664
Merit: 100
January 15, 2020, 10:24:26 AM
in my opinion before investing in USDT Tether, it is good for us to see the development of the USDT Tether market, and find out about good and bad rumors, then we can make a decision to invest or not.
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
January 15, 2020, 10:21:16 AM
USDT is safe if you are looking for stability. The value of USDT will remain the same despite the known volatility that the cryptocurrency has. If you are looking for a chance for capital appreciation by just investing and holding the you should stay away from tether safe and you should start looking for a great cryptocurrency that is good for long term.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
January 15, 2020, 10:16:31 AM
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 trust Tether because it always guarantees its value every time it prints. The price of Bitcoin is usually not related to printing more USDT or not; everything just coincides. However, this moment may actually be a signal for a wave of Bitcoin's value growth.

Btw, your question and your title are not related Smiley
full member
Activity: 434
Merit: 100
January 15, 2020, 09:59:18 AM
They can print as much as they want, as long as the price remains stable, I think all is well. Tether is an investor's saving grace in terms of stop loss especially during the period of bear market
member
Activity: 574
Merit: 18
Making Smart Money Work
January 15, 2020, 08:55:00 AM
Many rumours are surrounding this USDT and belief me they aren't good rumours but so far i can't find anyone having problem using USDT or swapping them either so i think it's all good but if i have to use any stable coin i would rather use a decentralized stable coin like DAI
member
Activity: 1078
Merit: 10
January 15, 2020, 08:52:10 AM
There are always FUD news around Tether and USDT. There are no proofs it is 100% backed by real assets, so it is better to use other stablecoins if you want to have USD equivalent in your portfolio.
newbie
Activity: 61
Merit: 0
January 15, 2020, 08:04:46 AM
I don't dare to trust too much in USDT Tether. Although there are many good events going on in this place, I am still very cautious waiting for the best opportunity before I dare to invest in USTD Tether.
newbie
Activity: 58
Merit: 0
January 15, 2020, 07:57:02 AM
I think USDT Tether is currently very safe. People don't need to be so worried about this investment. Everything that happens is what investors are expecting.
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