Topic: Is USDT Tether safe? - page 24. (Read 23491 times)
USDT, as far as I am concerned, is a very safe coin on the market, it is in demand and has already proven its safety over time
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 that when printing more, it is a little risky, but taking into account that most of this currency is created by Bitfinex, it has a great support about it, this Exchange for me is the best of all, because I have noticed that all Exchanges correct their arbitration following Bitfinex, therefore, this currency created by Bitfinex must have a great development, however, it is better provided that a certain part can be passed to USD, due to the recent changes that have been made in Tether or USDT.
It's probably safe but I don't think I would save my cash on tether especially now since the market is still wavering
You can only say that in 2018 it was profitable to save money in USDT because this project showed good success. I think and I hope that this will not be the first experience and many people will take profits exactly in USDT
Tether was one of the trusted coin in the market. And for a long time it was the only solution to fiat alternative. Tether is backed by dollar or maybe some real world asset. Not only tether every stable coin is backed by something. But in last year many controversy came with tether like they are not properly backed up or they print without any backup like that. Why people use those coins which have some negative review. So many people shifted to other stable Alternative like trueUSD or GeminiUSD. And after that many stable coin started to come in the market. But still USDT is most used stable coin. So I don't think it's unsafe. But in crypto market never put all your money in one space. That's it.
I couldn't find a recent topic on Tether on bitcointalk. Anyone knows if they have a subreddit or an active topic on this forum ? Their current subreddit https://www.reddit.com/r/Tether/, seems to no longer be accepting posts and has been locked. Wish to stay updated with whats been happening with it.
I try not to deal with the TUSD and not save profits in it. While this market is not regulated and manipulative one can not be trusted to those who say that USDT is fully secured by USD. If you want to save in USD then look for exchanges that give this opportunity. They are actually a lot now
I am agree with your opinion. In this unregulated market, we should always careful. But if we want to trade, i think we can use USDT when we waiting a right moment to enter market. USDT used in many exchanger including binance and i think its safe
Tether is backed by $ and with other assets - that is how they claim (whatever it means).
That is a centralized solution which could never be 100% sure.
Doubts will always be there.
That is a centralized solution which could never be 100% sure.
Doubts will always be there.
I try not to deal with the TUSD and not save profits in it. While this market is not regulated and manipulative one can not be trusted to those who say that USDT is fully secured by USD. If you want to save in USD then look for exchanges that give this opportunity. They are actually a lot now
I would never rely on 100%, because I understand that all this is cryptocurrency and these are huge risks, very clever and cunning guys are doing this. Therefore, I think that all this cannot be guaranteed.
Tether i think nothing to worry about this coin, stable coin in blockchain and already listing in coinmarketcap, So yes for me this coins is safe
But i dont like it, so many romurs out there about tether also this is stable coins, I am a holder and stable coins is very bad for long term investment
But i dont like it, so many romurs out there about tether also this is stable coins, I am a holder and stable coins is very bad for long term investment
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?
There is something fishy about Tether which many people are not understanding. Tether is not transparent about their supply and true liquidity. I don't actually trust tether at moment due to their lack of transparency to the people.
Besides the fact that Tether obviously does not have a limited supply, it is a pretty good coin, but I would stay away from it. Because I have already that a stable coin was worth like 0,70 USD and it simply cannot happen with a stable coin.
Although there are many doubts about the transparency of USdt, I think USDT is safe, because there are many people using it.
yes of course USDT is safe, but you can not make profit with this coin, it is not good for investment because the price is stable in $1.
as one type of stable coin USDT Tether is a type of crypto currency that is safe. but if it is used as an investment it is not very good.
USDT TETHER is safe, because Tether is a digital token that is supported by fiat currencies for individuals and organizations, with a decentralized value exchange method, coupled with a familiar accounting unit.
USDT is the result of Blockchain global technological innovations that can be audited and cryptographically controlled. Issuers and other market players can also utilize this technology, with a consensus system to transact in foreign currencies and assets with relatively stable values.
USDT is the result of Blockchain global technological innovations that can be audited and cryptographically controlled. Issuers and other market players can also utilize this technology, with a consensus system to transact in foreign currencies and assets with relatively stable values.
Though tether will not be good enough for long term investment I believe sake of its stability it will be good to hold some tether so that in times decline in the value of bitcoin and the other cryptos you will be a bit secured.
No Tether is only good if your goal is to preserve value and you think that BTC will go down.
Though tether will not be good enough for long term investment I believe sake of its stability it will be good to hold some tether so that in times decline in the value of bitcoin and the other cryptos you will be a bit secured.
what security? is security in terms of price? all prices are very difficult to predict, all depends on market users, the more users sell for sure the price goes down, if a lot of users buy then the price will go up, stay focused on the project, the better the project, the more profits. keep learning to pay attention to good projects so that we know developments in the real world and the digital world
Security in terms of price cannot be expected. possible, but still it is temporary. anything can happen to any stable coin, and then it will not be possible to get your money back. There is only visible security which, compared to other altcoins, has a higher probability of being stable. Jump to: