Is USDT Tether safe? - page 27. | Bitcointalksearch.org

chanc3r

sr. member

Activity: 952

Merit: 253

Quote from: ?? on ??

Quote from: daoquanghuan on June 26, 2018, 09:00:44 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?

USDT has proven to be very dependable in the last few years and its one of the few hopes cryptocurrency enthusiasts cling to amidst the volatilties. I hope it remains stronger

It is like asking a dollar to remain valyues at a dollar. USDT is basically a dollar digitalized that is why it is backed up by dollar and the value ofcourse will remain $1 why are you talking and hoping that usdt will keep strong while infact it is obvious that the value will still remain the same.

igor.vanyutin.83

member

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For sure it is still safe. However they are doing some strange things like burning a lot of tokens and releasing the same amount after several weeks. But this is still the most trusted and popular stable token on the market.

VieleSind

sr. member

Activity: 434

Merit: 250

Quote from: MendozaCharles on March 03, 2019, 11:34:07 AM

USDT is currently safe and people still use it every day. In the past there were some FUD for USDT but everything was solved and no big problems happened

As I know, USDT is a stable coin and always fluctuate around $1. And I think if the market goes down, convert your crypto to the stable coins is the best way to avoid the loss of money. This market now has a lot of stable coins, and you should consider carefully to invest in it.

FaucetKING

sr. member

Activity: 1246

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C U

This is an old thread, i don't know why peoples keeps bumping old threads. In general, I consider Tether as one of the Bad stable coins, they aren't having a benefit to the crypto ground and this shitty asset will come to an ending soon or late. Trust is something serious and necessary and these companies doesnt have a good trust.

LUCKMCFLY

legendary

Activity: 2548

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Leading Crypto Sports Betting & Casino Platform

I think that if it's safe, it's an additional way to keep money, there's no problem about them, I've rarely seen volatility in USDT or Tether, and if there is, it usually recovers quickly.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: Iyeman on March 03, 2019, 11:36:48 AM

Quote from: valek.bruno on March 03, 2019, 11:32:18 AM

You can only rely on information that can be found on the Internet today. Today, the USDT project has not a bad reputation despite the fact that it has not yet passed an official audit. Therefore, today I can say that they have long been on the market and this is an indicator.

It should be on the middle, it's not so bad as a coin while at the same time it can't be considered as a good coin too. you can see that how tether company was doing various thing to avoid the audit and it's something fishy for me.

It's been use for taking chances while dealing with short term trading, some who see opportunities to short pairs that have a good potential to move
fast and bring some good rise, but like what many have said, it's still in a neutral position where it can't be good for holding but not bad to keep your
investment less in risk when sudden downfall is happening inside.

yescrypto

jr. member

Activity: 319

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A nexgen decentralized ride hailing

I think is high time you need to believe that nothing is safe online as they're all risk, it is safe since everyone make use of it and can't be safe if something worse happens in the future. So use it when you are in need of it no one cares if you do or not. We'll are not safe either.

Iyeman

sr. member

Activity: 1183

Merit: 251

Quote from: valek.bruno on March 03, 2019, 11:32:18 AM

You can only rely on information that can be found on the Internet today. Today, the USDT project has not a bad reputation despite the fact that it has not yet passed an official audit. Therefore, today I can say that they have long been on the market and this is an indicator.

It should be on the middle, it's not so bad as a coin while at the same time it can't be considered as a good coin too. you can see that how tether company was doing various thing to avoid the audit and it's something fishy for me.

qwerty1337

jr. member

Activity: 209

Merit: 1

Semi-Decentralized Exchange

USDT is gradually fading into the background, now there are a lot of analogs that are backed by fiat currency, and there are rumors around USDT

MendozaCharles

member

Activity: 125

Merit: 10

USDT is currently safe and people still use it every day. In the past there were some FUD for USDT but everything was solved and no big problems happened

valek.bruno

full member

Activity: 728

Merit: 104

You can only rely on information that can be found on the Internet today. Today, the USDT project has not a bad reputation despite the fact that it has not yet passed an official audit. Therefore, today I can say that they have long been on the market and this is an indicator.

jozymens7

member

Activity: 392

Merit: 10

CurioInvest [IEO Live]

According to the tether documentation, it is not just tokens that are issued for granted. Any tether circulating in the crypto world is backed by exactly 1$ in a bank reserve so it is absolutely safe and legal to save money in tether if you want a stable coin to change your coins to for some period of time.

the1arty

sr. member

Activity: 756

Merit: 259

Quote from: daoquanghuan on June 26, 2018, 09:00:44 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?

Currently, USDT is the most liquid stable coin, but anything may happen to USDT any day. I would advise researching more about the true story behind USDT.

abake

member

Activity: 555

Merit: 12

it's super safe, forget about some funny rumors with no backings. I trade heavily and converting to USDT is always my best option when need be, especially when I spot a downtrend. So yes, USDT is safe.

daly896

member

Activity: 434

Merit: 10

BITWIN

It is definitely not safe. I suggest you to take care about your funds and find another way to save your money in crypto. I would say that USDT is the best option among stable coins, but it is not that safe

chanc3r

sr. member

Activity: 952

Merit: 253

Quote from: Lanatsa on March 01, 2019, 05:06:25 PM

It never been stable but would be great if you do switch up your assets with USDT if theres a market crash.

Usdt theres some reason why it called stablecoin because it is backed up by USD and will always been stable. Your saying just doesnt make sense that thinking usdt is not stable because it is always stable until now.

Felipeo

sr. member

Activity: 476

Merit: 262

EOSABC

I am a long time user of user for a long time. And I never faced any problem. But there are many news about tether and yes some of them are true. The first problem is centralisation they print tether whenever they want. Its indirectly effect the market. The next one is they are audited but not audited by any big company. And there is also a news that they are not backed by anything. So this news make user suspicious. After this incidents many of the big exchanges started to use their stable coin or others more stable coins.

r32godzilla

hero member

Activity: 1360

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Tether is very controversive coin and I would rather stay away especially when you have the opportunity to choose another stable coin. Recently many of them were created and it is up to you which one you will choose, almost all of them are more trustworthy than Tether Cool

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Ditlycel

jr. member

Activity: 263

Merit: 1

I think at the moment very safe to invest in usdt , as the coin passed the audit in the us , I think to store in the coin , I keep for more than a year funds

GymClassHeroes

jr. member

Activity: 92

Merit: 1

There is always the fear that tether ould just be printing money without actually backing it up with cash in the bank.They howeber did publish a report in the past showing evidence of cash in the bank but no audit report to date. In an unregulated market,that may suffice for small holder but not major institutions.I personally do not hold too much assets in tether.

Topic: Is USDT Tether safe? - page 27. (Read 23470 times)